Real Estate Market Update – 3rd Quarter



October 7, 2013We are quickly entering the 'new normal' zone, described by many close to the industry and explained in the following real estate market update report for the 3rd quarter of this year.  Many brokers are reporting continued traffic but not at the same pace they saw from February and March forward.  According to Corelogic, the one predominant factor in the downslope is the rising interest...

Remodeling That Adds Value



April 3, 2013Remodeling that adds value to your home can guarantee that money you spend on any project comes back to you in resale value or increased home value.  Just as home values and sales are increasing in most major markets nationwide, many support industries, specifically, construction, are seeing an increase in activity, as well.  Those who have existing homes are engaging and investing in...

How Our Buyer’s Agent Saved us Money.



July 5, 2010Does working with an experienced buyer’s agent pay off? For us it did.  Our agent’s experience and knowledge steered us away from buying a home that was not at a good value. We also saw the negative impact that the seller’s agent may have had on the seller. Timely responses are critical. We had made an offer on a home that was listed for $220,000 of $205,000.  The seller’s agent did...

Top Four Things You Should Know About Your Buyers Contract



June 30, 2010When you are buying a home, you will sign several contracts.   If you are working with a buyer’s agent, you will sign a buyer agency agreement.  When you have found a home you would like to buy, you will sign a buyers contract, or contract to buy and sell real estate. 1.   Understand the finances set in your buyers contract. Your buyers contract will define your purchase price and terms...

Buyer Closing Costs: The Basics



June 23, 2010What are buyer closing costs? Another term I didn’t know before beginning our home search was “closing costs.” Closing costs means more money that you have to scrounge up to buy a home on top of the down payment.   This term will come up when you are looking for a loan or making an offer on a home.   There are several decisions you can make regarding how you pay your closing...

The Million Dollar Question: Who Pays Buyer’s Agent?



June 9, 2010Please see our page "How Colorado Buyers Agents get Paid" for the latest 2024 changes as a result of the $418M NAR settlement, set to take effect in mid July, 2024 The way your buyer agent will be paid is included in your buyer’s agent agreement.    These can be: 1)     A commission paid at closing to the buyer's agent based on the total sales price of the...

Radon, and Lead Paint, and Stairs! Oh my!



May 27, 2010What to expect during your Home Inspection. One of the things that you will do after you go into the contract has your home inspected.  Everyone that I have talked to about buying a home told me that this is one of the most important parts of the process.   It is your chance to make sure that there are no big problems lurking behind that fresh coat of paint. Pick your poison: choosing...