Denver Colorado   Real Estate Denver Relocation
Find a Home in   Denver
Sell a Home in Denver
Denver Map and Denver Statistics
Denver   Neighborhood Profiles
Living in Denver, CO
International Real   Estate
My Favorite Places in   Denver


Relocation to a new area is both exciting and frightening at the same time. Homeowners have so many details to work through on both sides of the move. Many times people plan out their move, without consulting others. They think it through and figure that is the way to do it. Whether their plan is right or wrong depends on many factors. Usually it is best to talk the plan out with professionals who deal with relocation situations on a daily basis.

That is where Realtors come in. Not only do we work with tranferees frequently, but we hear about their problems and more often than not become part of the solution. We are problem solvers, strategy builders and really do know how to help.

So when the time comes for you and yours to make that move, no matter how far, consult a professional in the business. Like most important things in life, two brains are usually better than one!

REAL ESTATE IS LOCAL and LOCO...

Bilingual folks who speak both English and Spanish know sentence structure is opposite. Well home buyers and sellers will be surprised to know real estate customs from state to state can be very much like English/Spanish. Backwards.

How so? In Colorado we close at the table. That means when as a principle in a closing you go to closing with funds or there is no closing. In California there is no table closing, the documents go into escrow and when the people finish your escrow your property is closed.

Neither way is right or wrong, it just is. What is wrong is when a California buyer hires a California lender to close in Colorado and the lender fails to get the funds to the closing table on time. It could mean an all day closing while people jump through hoops to get the funds to Colorado. Tempers will be tried, so called professionals will be annoyed embarassed and tense. Time will be wasted by everyone.

Or in another scenario when the closing fails to occur on time, the seller can opt out...AND KEEP the EARNEST money. Who's fault is it? At this point blame can be placed, fingers pointed, but the fact remains the buyers who thought they had a home, don't. OUCH.

Communication could have solved the problem. Upfront strategy with all the pros and cons presented would help a buyer make a better decision while knowing the consequences.

SQUARE FEET...who's counting?

In Maryland homes are not sold by the foot. Actually most homes everywhere in the country are not measured by the foot.

WHY? There are many ways to measure. Since there is no set standard way of doing it, everyone does it differently. f you are focusing on a certain size, communicate what you mean by that.

Does your 3000 sq. ft. requirement include living space in a basement or not? In Colorado we have awesome basement space with walk-outs that defy dungeon life.

Schools ~ The best time of year to move...

Are you planning to move at the end of the school year? WHY? In Colorado most schools are on a year-round calendar. Waiting until the time of year when everyone else is also moving may not mean a thing to the kids and have a huge negative effect on your budget!

Market Stats and the Sky is Falling

Knowing what is happening in your destination market is very important. Rumors may have it being a strong or soft market, but overall averages only tell you one thing. What the overall market is doing. In the Denver metro market we have neighborhoods that are hot and others that may not be hot, but never go down. We also have areas that will not recover this year or even next. Your overall plans for purchasing need to include these relevant facts. Relying on a source that speaks in huge generalities is misleading. Ask for the facts, study them and buy with confidence.

Start by doing your research online. Find a professional to assist you that will listen, help and guide will make your move fun, rewarding and less stressful. Hopefully after you are all moved into your new home, you will look back at the experience and say, "It was fun!"

Happy Relo Trails to you!

© 2007 Kristal Kraft ~ All Rights Reserved

 
This post has been included in Colorado Information

6 Comments on Denver Real Estate & Relocation

MAY
02
2007
3 Featured Posts

Hi Kristal,
As usual, another awesome post.    Am I first?  WooHoo!

By-the-way, my potential Denver relo referral ended up using the wife of some Nat'l guard buddy... and weren't that happy with the results.  Bet they'll listen to me next time! 

 

12:03am • #1
20 Featured Posts

Lots of good information.. I must say I;m really glad we have escrows in CA rather then the settlement table..I think it really is much easier for all parties.

12:16am • #2
254,429 Points 26 Featured Posts Outside Blog
what great info to the buyer explaining that there are differences is a great idea - nicely presented also
12:52am • #3
734,709 Points 205 Featured Posts Localism Sponsor Outside Blog Hit Router
Very nice presentation with the header on the blog.  If this article gets indexed, it will be like a mini web site.  Of course everything in Localism is like a mini-web site.  Shhhhh.  Don't tell anyone.
6:31am • #4
155,468 Points 7 Featured Posts Localism Sponsor Outside Blog
Very good post Kristal - especially about the square footage.  Buyers and sellers get hung up on that sometimes.  Wonderful presentation too!
7:13am • #5
127,372 Points 18 Featured Posts Outside Blog
Very nice, Kristal, now we are using Stylesheets on our blogs? You are so clever:)
7:14am • #6

Leave a response…



(optional)
What does the graphic say?
 
Rainmaker_large

Kristal Kraft ~Denver Real Estate~303-589-2022

Denver, CO

More about me…

The Berkshire Group Realtors

Address: 3801 E. Florida Avenue Suite 400, Denver, CO, 80210

Office Phone: (303) 953-5222

Cell Phone: (303) 589-2022

Email Me

Soapbox musings for and about Denver relocation and real estate.

Kristal Kraft's Denver Real Estate & Condo Top Ten List!
REBarCamp Badge
Kristal Kraft's Facebook profile



Links

Archives

RSS 2.0 Feed for this blog

Find CO real estate agents and Denver real estate on ActiveRain.