Buy

Buying a home is exciting and stressful! We’ll go over the process together from pre approval to closing day. We’ll talk about your goals from deciding what your monthly payment will be to downpayment options, understanding property taxes and HOA fees.

GET PRE APPROVED: It is very important to get pre approved not just pre qualified. You’ll want to know your purchase price range, your monthly payment and any other additional expenses. Here in Colorado, buyers use a pre approval letter for a loan and/or have proof of funds documentation that is submitted with your offer. To get pre-approved, you’ll need the last 2 years of your tax returns, copies of your most recent paystubs, permission to run your credit and proof of funds for your down payment.

MARKET EDUCATION DAY: Properties look very different online than in real life. We can sit down with maps plus drive around neighborhoods. We’ll take some time to get a realistic idea of what homes look like in your price range. We can talk neighborhood amenities and locations.

SEARCH FOR A HOME: I will run a MLS search and update you with new listings that meet your needs. The databases I use everyday can search for very specific home and lot features and sale conditions that public sites don’t have. I’ll also connect you with a great app for browsing on your phone and together we’ll find homes you’re interested in viewing. When you’re ready, I will schedule showings and we’ll see homes in person! I can also preview properties and record walk through videos for you that go beyond the listing photos and show the exterior and neighborhood features.

MAKE AN OFFER: Once you’re ready to make an offer I will communicate with the Listing Agent to find out what the seller is looking for, and if there are other competitive offers. I will offer advice on your options for price and terms of the contract so you can decide what you would like to offer. There may be some negotiation, but once both parties are in agreement you will go under contract.

UNDER CONTRACT PERIOD OR DUE DILIGENCE PERIOD: Within a few days of going under contract, you will need to submit earnest money to be held by the title company. The typical under contract period is about thirty days, but this can vary based upon the negotiation and terms of the contract. There are multiple dates and deadlines to meet during this time, and it is my job to make sure that you’re informed about every step. We will schedule an inspection, review several documents (title, HOA, due diligence + seller disclosures), order an appraisal, and finalize your loan. If something arises that causes major concern, the Colorado Contract to Buy and Sell Real Estate allows multiple opportunities to cancel the contract (and get your earnest money back) if something is not right.

CLOSING: In Colorado, title companies transfer funds and ownership. There are many documents to sign to make it official, then you will get the keys to your new home!

Let me help you buy a home in Colorado!