2023 BLOG - Wilks Real Estate

OUR ARTICLES

We have both Colorado Real Estate specific blog articles as well as National Real Estate blog articles. Take a look around and if you have any questions please let us know.

COLORADO REAL ESTATE ARTICLES

Step 15 to Buying a Home: Reading the Inspection Report

Step 15 to Buying a Home: Reading the Inspection Report

Once the inspection report comes back, we will need to review it thoroughly. Don’t be surprised if it looks like a book with many items marked “to be repaired”. This is typical. We’ve never seen an inspection report that didn’t have at least 5 items that needed repair. However, there is a big...

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Step 14 to Buying a Home: Tips for Attending the Home Inspection

Step 14 to Buying a Home: Tips for Attending the Home Inspection

Attending the home inspection is one of the most important parts of buying a new home as it’s a huge financial investment with long term repercussions and you want to make sure the home you’re buying is in good shape. Therefore, we feel strongly that buyers should always be at the home...

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Step 13 in Buying a Home: What is the Inspection Period?

Step 13 in Buying a Home: What is the Inspection Period?

Now that a contract has been executed and earnest money dropped off, we are officially in the inspection time period.  This time is for the inspection, getting and reviewing the report, and giving any objection to the seller for review. It takes approximately 7 - 10 days from start to finish....

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Step 8 to Buying a Home: I Have an Accepted Contract, Now What?

Step 8 to Buying a Home: I Have an Accepted Contract, Now What?

Congratulations on having an accepted contract on a house, but now what? Often contracts are accepted verbally by the seller’s agent first while signatures are gathered from the sellers.  It can take 1 – 2 days for all parties to sign and return the contract so be patient. Until we have an...

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Step 9 to Buying a Home: Your Earnest Money Check

Step 9 to Buying a Home: Your Earnest Money Check

Now that your offer has been accepted by the seller and we have an executed contract, it’s time to drop off your earnest money check. Earnest money checks need to be dropped off within 1-3 business days of contract execution.  We will email you exactly how much your earnest money check should...

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Step 18 to Buying a Home: Hire Movers & Start Packing!

Step 18 to Buying a Home: Hire Movers & Start Packing!

Now that your inspection period is done, it’s safe to hire movers and start packing!  Call now to get moving estimates and secure a mover as they often get booked up weeks in advance.  Also, if you’re moving into a condo building, check with the Property Management Company to see if...

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Step 24 to Buying a Home: Attending the Walkthrough

Step 24 to Buying a Home: Attending the Walkthrough

Once you’ve received the Clear to Close, we’ll schedule the final walk through.  This usually occurs the day before or morning of closing and is a chance for you to walk through the property and make sure it’s in the same condition as it was during the inspection. The walk through takes about...

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NATIONAL REAL ESTATE ARTICLES

Things To Avoid After You Apply for a Mortgage

Things To Avoid After You Apply for a Mortgage

Some HighlightsOnce a lender has reviewed your finances as part of the homebuying process, you want to be as consistent as possible. Don’t make any big changes that could affect your mortgage application.Here are a few tips. Don’t change bank accounts or apply for new credit. And this one may...

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The #1 Thing Sellers Need To Know About Their Asking Price

The #1 Thing Sellers Need To Know About Their Asking Price

When you put your house on the market, you want to sell it quickly and for the best price possible; that's generally the goal. But too many sellers are shooting too high right now. They don’t realize the market has shifted as inventory has grown. The side effect? Price cuts are on the rise, but...

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Townhomes: A Smart Solution for Today’s First-Time Buyers

Townhomes: A Smart Solution for Today’s First-Time Buyers

Buying your first home in today’s market can feel tough. Between high home prices and mortgage rates, affordability is still a big challenge. And some buyers are making one simple trade-off that’s getting them in the door faster: square footage.According to the National Association of Home...

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Here’s What a Recession Could Mean for the Housing Market

Here’s What a Recession Could Mean for the Housing Market

Recession talk is all over the news, and the odds of a recession are rising this year. And that leaves people wondering what would happen to the housing market if we do go into a recession.Let’s take a look at some historical data to show what’s happened in housing for each recession going all the...

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National Housing Trends To Watch

National Housing Trends To Watch

Some HighlightsAt a national level, the housing market has shifted over the past year.There are more homes for sale, price growth has moderated, and homes are taking a little longer to sell.Do you want to know how your area compares? Connect with a real estate agent to go over what's happening...

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Buyers Have More Negotiation Power – Here’s How To Use It

Buyers Have More Negotiation Power – Here’s How To Use It

You may have heard there are more homes for sale right now. And while that’ll vary depending on the market, it means that overall, things are starting to lean in a more balanced direction. As that happens, some sellers are a bit more open to compromise. Here’s what that means for you.You may be...

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Why Pre-Approval Is More Important Than Ever This Spring

Why Pre-Approval Is More Important Than Ever This Spring

Spring is here, and so is the busiest season in real estate. More buyers are out looking for homes, which means more competition for you. If you want to put yourself in the best position to buy, there’s one step you can’t afford to skip, and that’s getting pre-approved for a mortgage.Some buyers...

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The Best Week To List Your House Is Almost Here – Are You Ready?

The Best Week To List Your House Is Almost Here – Are You Ready?

If selling your house is on your to-do list this year, the time to start prepping is now. That’s because experts say the best week to list your house is coming up fast.A recent Realtor.com study analyzed years of housing market trends (excluding 2020 since it was an outlier) and found that April...

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CONTACT US

Cory & Brandi Wilks

Owners | Realtors

720-388-8888 Cory

303-257-2038 Brandi

Cory@WilksRealEstate.com

Brandi@WilksRealEstate.com

 

REAL ESTATE

Wilks Real Estate

19590 E. Mainstreet suite 110

Parker, Colorado 80138

CO Lic. # EC100038194