WHY PURCHASE A CONDO OR HOME FOR YOUR STUDENT WHILE ATTENDING CU?


RENT vs. BUY

Purchasing real estate while your child is at the University of Colorado-Boulder makes good financial sense. Conservatively, you can save tens of thousands of dollars over 3-4 years by purchasing a simple 2-bedroom condo close to campus.  Larger bedroom units yield move savings.  The trick in this market is to buy in a great location and at a good price.

 

  • Save Money vs. Renting
  • Safe Investment-Build Equity
  • Low Transaction Costs to Purchase (<$3,000) or Sell (5-6%)
  • Lower Property Taxes Than in Most States
  • Very Low Interest Rates
  • Easy to Sell-I typically have buyers waiting to purchase near CU
  • Boulder Property is Appreciating!
  • Receive Income From Roommates
  • Built-In Demand for Resale (if buy in correct location)
  • Better Quality Living Environment
  • Stability-Student Does Not Have to Relocate Each Year
  • You Are In Control of Living Environment (not a Landlord or Property Mgmt. Company)
  • Student Learns About Home Ownership
  • Student May Remain In Boulder After Graduation
  • Student May Have a Sibling Attending CU
  • Very Easy To Rent If Want To Continue to Own as an Investment Property

 

It's really not that hard to do.  Increase your chances of making a good choice.  Hire a 25 year expert in the student housing market.

Please Contact Me For More Information:

Steven Carter, MBA, ABR, CRS, GRI 
25 Year of Expert Service
RE/MAX of Boulder, Inc
303-931-4812

scarter@remax.net

Bookmark and Share