homebuying faqs: Homebuying FAQs:What if the Seller Damages the House While Moving Out? - 06/08/12 01:11 AM
When I am working with Home Buyers, they always have questions about the process.  Usually, the questions will be regarding terms they are unfamiliar with, such as Under Contract, Possession and Closing Date, Contingencies, Concessions or Earnest Money.
But there are always questions about more practical matters, too.
This spring, I was working with some buyers who found themselves a great 4 bedroom home for their family.  One of the features of the home that really stood out was the large unfinished basement.  They were excited about the idea of finishing the basement as a huge entertainment area and home theater for the large family get … (23 comments)

homebuying faqs: Homebuying FAQs: What is Earnest Money? - 06/07/12 07:03 AM
When I am helping buyers find their dream home, there are a lot of questions that can come up during the process.  Terms that we Realtors use often can sound foreign to someone who hasn't purchased a home in awhile - if ever.
Once a home buyer has found the home they would like to purchase, they will write an "offer" on the Colorado Contract to Buy and Sell.  This spells out the price they are offering and the terms of their offer, and it outlines the dates and deadlines that both Buyer and Seller will need to follow before the … (4 comments)

homebuying faqs: Homebuying FAQs: Do I Need an Inspection on a New Home? - 06/07/12 03:47 AM
Now that the Real Estate market is showing more and more signs of life, new home builders are once again ramping up their activity.  Some buyers will prefer to buy a brand-new home so that they can pick their finishes, and customize it to their liking before they ever move in.  Plus, some buyers like the idea that they are buying a brand-new house without any issues or things that need repair.  A brand new house that has never been lived in won't have any of the potential issues of a house that has already had years of use, right?

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homebuying faqs: Homebuying FAQs: How Do I Determine the Best Offer Price? - 06/05/12 09:25 AM
There have been a lot of changes in Real Estate lately.  Whereas a year ago, homes in Henderson and Commerce City, Colorado, might languish on the market for 6 months or more, lately the number of days on market has dropped dramatically.  What's more, available homes are at a 10 year low throughout the Denver Metro area!
This means that home prices are starting to rise.  It also means that multiple offers may be submitted for those limited homes.
How do I determine what the best offer price is on a home?  
As recently as 6 months ago, a buyer might find a … (5 comments)