Buying

Found 18 blog entries about Buying.

6 Key Steps of the Home Buying ProcessSTEP 1: Decide to Buy

You are ready to purchase a home. Now, you must identify what you want, why you want it and if you are financially ready to purchase. Below are a few questions to help you dig into this:

1. What are your future plans?
Do you anticipate starting a family? Perhaps you expect your family expand, or maybe you are scaling down and the kids are moving out to attend college. Whatever your future goals, it is wise to clearly articulate these goals so that you can identify the house that will meet your particular needs.

2. Do you have enough cash for a down payment?
Identify how much you can afford for a down payment. Remember, you will need to have Earnest Money (typically around 1% of the value of the home) accessible to submit

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Buying a homeEvery real estate agent, or Realtor, is an independent contractor and runs their business how they see fit.

In this 10 minute video, I talk about what information we discuss at my Buyer Consultation and the educational pieces I provide clients during this initial meeting. While I provide a lot of information, most of the consultation centers around YOUR goals and expectations with the buying process.

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homeSmart income choices play an important role when buying a home—it’s not necessarily all about what you earn, but how you spend it too.

Income is a crucial component lenders consider when granting you a mortgage. It is the basis by which they are going to get repaid, because a mortgage loan is not really a loan against the property—it is loan against your ability to repay. The dwelling is simply used as collateral in the event you default on the mortgage.

A low interest rate and affordable monthly payment helps keep the cost of your new house down, and a good credit score can help you secure those. (You can see where you stand by reviewing two of your free credit scores each month on Credit.com.) But income is a vital part of getting approved and

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3 Reasons Your Real Estate Offer Was RejectedBuying real estate can be extremely emotional. After looking at several homes, you finally put an offer in on one. Truthfully, you probably have already "moved yourself in" to the home in your mind. Then you receive the news that your offer was not accepted.

The best case scenario is that you are presented with a counter offer and can get a better idea of why your offer was not appealing to the seller's. Worst case, you get no feedback. Wouldn't it be better to go into the process with an understanding of why offers to purchase real estate are often rejected? 

#1 The Price Offered Was Too Low

In our current market in the Denver Metro Area, it is not uncommon to see multiple offer situations on properties priced appropriately for the

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If you are still paying someone else's mortgage each month, this information is for you!

 

Also, if you are on the fence about purchasing a home of your own, here is a visual of the cost of waiting to buy in our current market. We don't anticipate prices to level out for many years and even longer before we will possibly see a market shift in the Buyer's favor.

Jen Allen - The Cost of Waiting

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The Big Moving Checklist

The Big Moving Checklist covers over 100 checkpoints that you should be aware of starting 8 weeks before your move and ending the day you move into your next home.

Download this easy to follow guide here or click the image above!

 

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Mortgage Lender

The mortgage lender you choose in this market is one of the most important factors in making sure you have a smooth transaction. Do you know what to look for in a good lender, and which lenders actually can get you all the way to closing with the least amount of stress? I do!

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I get asked all the time, "How is the market?" Well, that really depends. The market is different if you are looking to buy, sell, or invest. It also varies based on neighborhood, price range and condition of the home you are looking for. Here are some general stats on the current Denver, Colorado housing market. If you want to discuss the market specific to your goals, feel free to contact me and we can schedule a Seller or Buyer Consultation.

January 2017 Denver Housing Market Report stats for both attached and detached single family homes from December 2016.

December 2016 Denver Detached Single Family Homes

December 2016 Denver Attached Single Family Homes

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