Most people make the transition from renting to buying a home because that’s just the natural progression of adulting, right? It’s what you’re “supposed to” do.

Call us contrarians, but we don’t think “buying a house is what adults do” is a sound enough reason to spend hundreds of thousands of dollars. 

Instead, consider these actual reasons to opt for homeownership.

When you’re looking to invest in a place of your own, it’s tempting to focus only on the big number: the price of the home itself. 

That’s an important number, obviously. But to avoid some unpleasant surprises, it’s good to include the smaller expenses in your budget, too. Take, for instance, the move itself.

So let’s get real about expenses that make up the true cost of moving.

To say the Denver market is “competitive” is an absurd understatement. Inventory is low, prices are high, and sellers are laughing all the way to the bank.

All is not lost. Even in this market, you can absolutely get a home you love at a price you won’t regret. All it takes is a skillfully crafted offer. 

Here are 11 tools we use to make the magic happen. 

Quick real estate lesson: Agents make money through commissions. We get a percentage of the transaction every time we help someone buy or sell a home. 

Know who pays the commission? The seller.

Since buyers don’t pay commissions, they often think it doesn’t matter what agent they choose to work with. But it does matter. A whole lot, actually.

Owning your own home has a ton of personal perks: Privacy, agency, stability… and a sure path to long-term wealth. Yes, please!

But here’s the thing: The benefits of buying a home aren’t limited to you and your bank account. Given our country’s history of housing discrimination, homeownership is also a form of activism.

When people start looking for their first home, they’re wide-eyed, broad-smiled, and giddily optimistic about finding exactly what they’ve always wanted. 

Because we love you, we just want to warn you against that “exactly” idea. 

Don’t mishear us: You’re making a big investment, so you get to be choosy and you should never, ever settle. We just want you to be particular about the right things. 

Closing costs include several fees that finalize your real estate transaction. Your lender can give you an estimate of your specific closing costs early on in the process, and you’ll get final numbers a couple of days before you close.

First-time home buyers are pretty great at coming up with reasons why they’ll never, ever be able to afford to take the leap. And somewhere near the top of that list is usually this one: “My credit score’s too low.”

Wanna know a secret? That’s rarely actually true. A lower-than-perfect score does not lock you out of the real estate game. 

As a first-time home buyer, coming up with tens of thousands of dollars for a down payment feels unattainable—at least in this lifetime.  

Because saving is hard. 

Know what else saving is? 100000% worth it. 

Unless you have a pile of cash, the money part of buying your first home is arguably the most stressful, most nauseating, most OMG WHAT HAVE WE DONE part of the whole deal. And it doesn’t help that the process is shrouded in mystery.

For most first-time home buyers, the list of must-haves is loooooooooooong, which pretty quickly leads to overwhelm, frustration, and disappointment. Instead of getting overly granular from the get-go, it’s way more helpful to think about this home-buying thing as a stool with three legs: 

Part of what makes the home buying experience so stressful is all the wonky vocabulary. 

Like, what the fork is earnest money? How are you supposed to feel confident financing your dream home when you don’t know the difference between pre-qualified and pre-approved? And what about the “oh $#!+” moment when you start looking over contracts and discover you have no clue what you’re actually agreeing to?

Buying your first home can be stressful for all kinds of reasons.

In this first-time home buyer series, we address all of these concerns (and many more). Today, we’re tackling that last one: What to do and when.