This Home Buyer Guide includes helpful information to get you started:
- The Purchasing Process
- The Power of Pre-Approval
- Your Home Search
- Full-Service Support
A complimentary guide when looking to buy a Denver home.
Buying a home is one of life's biggest investments and most exciting adventures! We will be your best partner in the process, guiding you along the way to make your experience smooth and successful.
Step by step:
● Conduct inspections.
● Obtain mortgage financing.
● Obtain homeowner's insurance.
● Resolve any issues.
● Order appraisal.
● Obtain title insurance.
When you choose our team to represent you, you'll have someone by your side every step of the way, giving you the insights and information you need to have confidence in your decision.
Meet with you to discuss your needs and goals, and to plan your property search.
● Help you get pre-approved and establish your budget.
● Show you properties that meet your criteria.
● Keep you informed of new properties that come on the market.
● Work with you until you find the right home.
● Help you determine your offer.
● Negotiate the offer and contract in your best interests.
● Facilitate the home inspection and resolution process.
● Prepare you for closing and the associated costs.
● Keep you updated on the progress of your transaction every step of the way.
The first step in any home search is finding out exactly how much home you can afford and securing the financing to make the purchase. While you can get a rough estimate through prequalification, taking the extra step to obtain pre-approval will give you some added advantages.
● Understand your financial condition.
● Know exactly how much you can afford before you begin your home search.
● Strengthen your purchasing power when making an offer.
When you find a Denver home you love and are ready to make an offer, your mortgage pre-approval lets the seller know that you're serious and fully prepared to buy their home, putting you in a stronger position than other potential buyers.
Here are some of the documents that you will need to provide your lender to get the pre-approval process started:
Income
● Current pay stubs, usually for last two months.
● W-2s or 1099s, usually for last two years.
● Tax returns, usually for last two years.
Assets
● Bank statements
● Investments/brokerage firm statements
● Net worth of businesses owned(if applicable)
Debts
● Credit card statements
● Loan statements
● Alimony/child support payments(if applicable)
The first stop on your home search? Our website. Not only is it an easy way to check out all the available properties in your preferred area, it's also another way for us to get to know the types of properties that you like. Simply register on the site, and we will receive updates about your activity. Plus, you can save your search for future access, save and share homes you like, and sign up to receive email alerts when new homes that match your criteria come on the market.
And thanks to its responsive design, you can do it all from your mobile device, tablet or desktop!
There are many factors that influence the market value of a home. We will give you the insight and information you need to make an offer you're comfortable with. Some of the factors to include:
● How long the home has been on the market.
● If the price has been reduced.
● How much the home is worth - we will provide a comparable market analysis (CMA) showing the list and sale prices for similar homes in your area.
● If there are multiple offers.
● Other items that might be included in the sale (furniture, hot tub, etc.).
● The "list to sale price ratio," an indication of how competitive the market is for homes in this area.
● Why the seller is selling.
● Whether the seller is offering an assumable loan for financing.
Once the offer is written, we will present it to the seller's agent. At that point the seller can accept your offer, reject it or counter it to start the negotiation process. We will work with you to plan a strategy to ensure the most advantageous terms and acceptable pricing for you and your budget.
Once your offer has been accepted, the closing process begins. Here are some of the typical steps involved.
Most property sales are contingent on the results of home inspection, which is paid for by the buyer. The inspection typically occurs within 10 days of offer acceptance, and includes a review of the home's exterior elements like the roof, siding, trim and windows, as well as kitchen and bathroom fixtures and appliances, and major systems like heating and cooling, plumbing and electrical.
If defects are discovered during the inspection, you may exercise the remedy described in your offer to negotiate with the seller to determine what repairs will be made.
This is a historical review of all legal documents relating to ownership of the property to ensure that you purchase title insurance in case the records contain errors or there are mistakes in the review process.
As a standard part of the mortgage process, your lender will order an appraisal report to ensure that the loan will be guaranteed by the home's value.
If it's requested in the contract, you'll be given the chance to look at the home to make sure it's in the same condition as when you signed the sales agreement.
In addition to your deposit and down payment, there are a variety of other costs involved in closing including:
● Loan origination fees, appraisals and reports
● Surveys and inspections
● Mortgage insurance
● Hazard insurance
● Taxes
● Assessments
● Title insurance, notary and escrow fees
● Recording fees and stamps
We are your partner in all aspects of the home-buying process. Our industry affiliations ensure you receive complete assistance from beginning to end, giving you one-stop-shop convenience.
Guaranteed Rate Affinity provides mortgages across the country and features incredibly low rates, fantastic customer service and a fast, simple process.
Realogy Insurance Agency offers competitive rates on homeowners, condominium, renters, automobile, second home, vacant home and umbrella coverage.
Guardian Title Agency can research and resolve title issues before the closing to help ensure your transactions closes smoothly and on time
Should you need property management or rental services, Real Property Management of Colorado can provide you with complete support.
You’ve found a home to buy and have applied for a mortgage! You are undoubtedly excited about the opportunity to decorate your new home! But before you make any big purchases, move any money around, or make any big-time life changes, consult your loan officer. They will be able to tell you how your decision will impact your home loan
Ready to make moves? Let's get down to business. I can help you with buying, selling, or investing. In short? Together, we’d make the perfect team.