Buying a Home
Whether you’re a first time home buyer, a seasoned investor or buying for the 5th or 6th time in your life, buying a home can be a confusing and challenging process - things are always changing: local rules, regulations, laws, interest rates, new buying programs, market shifts, how many homes are available? (Buyers vs. Sellers Market), new neighborhood trends etc, etc. Whichever applies to to you, it can be very helpful to have someone who is current on all of the above to help guide you through the buying process. It is my true joy to assist buyers of all types in the buying process from that first conversation, through discovering the perfect home, negotiating the terms you want, properly and thoroughly inspecting the home, asking the seller to make any important repairs… all the way to the closing table and beyond. After closing I’m still available to you for any questions, concerns or referrals you may need in caring for your home!
THE HOME BUYING PROCESS
Step 1 Discuss Your Needs/Wants and the Home Buying Process
There are a lot of moving parts when buying a home. The best way to get started is to meet up whether a phone call, zoom or a nice cup of coffee and chat. We’ll discuss your goals, dreams, and must-haves for your ideal home as well as the steps in the process. This also gives you a chance to ask any questions you have!
Step 2 Speak With a Lender and Get Pre Approved
Whether we’re in a HOT Seller’s market where homes are getting multiple offers, or a more subdued balanced market where it may take several days or even weeks for a home to go under contract, it is of utmost importance that as a buyer you are prepared to go when you start looking at homes. Meeting with a good lender and discussing the amount you want to spend on a home and your ideal monthly payment is the step just after deciding you want to look for a home. This way, when we start looking for potential homes, we’ll know price point to look for, down-payment you have ready to go and approximate monthly payment to expect. No surprises. If you haven’t already chosen a lender to work with, I can recommend several that are character driven, highly rated and reviewed for you to choose from.
Step 3 Begin the Home Search!
After our initial meeting, and your loan pre-approval, we’ll know the neighborhoods, size, style and price range of the home you want. I’ll set up a custom search to show you only homes that meet your criteria. I’ll schedule showings and accompany you on each tour, looking at the homes with an eye toward quality, condition, good location, and more. We want to not only find you the right home that you LOVE, but make sure the home has been cared for and in a condition that you’re comfortable with. Download the ReColorado mobile app to browse the most accurate + up to date listings directly on our MLS.
Step 4 Make an Offer!
Once we find a home you love and feel really good about, I’ll gather all of the information available about the home, call the listing agent to discuss what the Seller is hoping for in an offer, research how long the home has been on the market, look at comparable homes available and homes that have recently sold to determine if the Sellers price is reasonable. Together we’ll discuss and craft an offer that you would like to make. There may be some negotiation, but once both the Sellers and You agree on terms the offer is signed and you are under contract!
Step 5 Escrow (under contract period)
Now that you’re under contract with the Seller it’s time to deep dive into your potential new home and have it inspected, review the title documents, review the HOA documents (if there is an HOA), review and documents or information that comes with the home, and finalize your loan. I will guide you, and be with you through every step of this process - all the way to the closing table. After inspecting all of the items listed above, the Colorado Contract to Buy and Sell Real Estate allows you, the Buyer, multiple opportunities to have issues resolved or negotiate with the Seller before closing. If the Seller is unwilling to do what you are asking and you can’t come to an agreement, you have the right to terminate the contract, get your earnest money deposit back, and continue your home search.
Step 6 Closing!
After the inspections, negotiation, and your loan is approved to close, we go to closing! We will meet at a local Title Company who will have prepared all of the final closing and loan documents for you to sign. Once completed, you will receive the keys to to your new home!
Step 7 After Closing
As the days, weeks and months go by in your new home, you’re sure to have questions and possibly need a recommendation for maintaining or servicing your home. I have a wonderful network of excellent, character driven professionals to help with any homeowners need. I’ll always be available to you for assistance or any recommendations you need.
Ready to get started? Fill out the questionnaire below and I will reach out to you to schedule Step 1 - Our first meeting.
