Duplexes For First Time Home Buyers In Denver

There are great loans for duplexes in Denver, including $1,000 or less down. For a free list of loan programs for first time home buyers, please call (303) 222-0027 or e-mail contact@firsttimehomebuyersdenverco.com.

There are thousands of duplexes sprinkled throughout some of Denver’s best neighborhoods, and they’re often highly sought-after by first time home buyers.

The best part about a duplex? No homeowners association! This means that you will not have to pay a monthly HOA fee, and you won’t be subjected to rules and regulations, including restrictions on pets!

And, you’ll have a front door, and a back door, which you don’t often find in condos and lofts in the Denver metro area.

While the duplex is a fairly common configuration found in Highlands, Washington Park, Congress Park, City Park, Cherry Creek, and other Denver neighborhoods, there are also a smattering of triplexes and four-plexes in these areas.

With a duplex, you’ll generally have a “party wall” agreement with the other owner, which is a legal document that guides how you’ll take care of maintenance on the building and yard, how you’ll handle utilities, and more.

If you’re considering a duplex as your first home, here are criteria to consider:

• size of the duplex (square footage and number of bedrooms and baths)
• age of the duplex
• location of the duplex (on the block and within the Denver metro area)
• clauses in the party wall agreement
• is the backyard shared or private
• basement (is it for storage only or does it include livable space)
• parking (is the detached garage shared or private, is there additional off-street parking)
• neighborhood
• walkability
• school district
• access to public transportation, including light rail

It’s often easier to find a first time home loan for a duplex than it is for a condo or a loft. To qualify for an FHA loan or VA loan, the duplex needs to be in good shape, not in need of a new roof and/or other major repairs.

For additional information on duplexes in Denver, or to start looking for a duplex, please call (303) 222-0027, or e-mail contact@firsttimehomebuyersdenverco.com.

Note: In order to explore your options when considering buying a duplex in Denver, contact us for your free consultation. We are experienced real estate agents who absolutely love working with first time home buyers. We can help you find duplexes in all price ranges throughout the Denver metro area.