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 16 to Buying a Home: Reviewing HOA and Metro District Documents
If you are moving into a neighborhood governed by an HOA or Metro District, you will want to take a look at all documents that will govern what you can and can’t do with your property. These documents generally include the Declarations and Bylaws, the Rules and Regulations, the current year...
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...
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...
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....
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...
Step 12 to Buying a Home: Schedule the Closing and Arrange Your Calendar
Now that you have an executed contract, it’s important to schedule the closing on your calendar and arrange your schedule accordingly. Here are a few things to know about your closing date as specified on your executed contract: It could change. While we hope closing occurs on your closing date,...
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...
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...
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...
NATIONAL REAL ESTATE ARTICLES
Builder Incentives Reach 5-Year High
Even with more homes on the market right now, some buyers are still having a tough time finding the right one at the right price. Maybe the layout feels off. Maybe it still needs some updating. Or maybe it’s just more of the same.That’s why more buyers are turning to new construction – and finding...
What Mortgage Delinquencies Tell Us About the Future of Foreclosures
You may be seeing headlines about how foreclosures are rising. And if that makes you nervous that we’re headed for another crash, here’s what you should know. According to ATTOM, during the housing crash, over nine million people went through some sort of distressed sale (2007-2011). Last year,...
Thinking About Renting Your House Instead of Selling? Read This First.
If your house is on the market but you haven’t gotten any offers you’re comfortable with, you may be wondering: what do I do if it doesn’t sell? And for a growing number of homeowners, that’s turning into a new dilemma: should I just rent it instead?There’s a term for this in the industry, and...
What Everyone’s Getting Wrong About the Rise in New Home Inventory
You may have seen talk online that new home inventory is at its highest level since the crash. And if you lived through the crash back in 2008, seeing new construction is up again may feel a little scary.But here’s what you need to remember: a lot of what you see online is designed to get clicks....
History Shows the Housing Market Always Recovers
Now that the market is slowing down, homeowners who haven’t sold at the price they were hoping for are increasingly pulling their homes off the market. According to the latest data from Realtor.com, the number of homeowners taking their homes off the market is up 38% since the start of this year...
Should You Still Expect a Bidding War?
If you’re still worried about having to deal with a bidding war when you buy a home, you may be able to let some of that fear go.While multiple-offer situations haven’t disappeared entirely, they’re not nearly as common as they used to be. In fact, a recent survey shows agents reported only 1 in 5...
From Frenzy to Breathing Room: Buyers Finally Have Time Again
If you tried to buy a home a few years ago, you probably still remember the frenzy. Homes were listed one day and gone the next. Sometimes it only took hours. You had to drop everything to go and see the house, and if you hesitated even slightly, someone else swooped in and bought it – sometimes...
Condos Could Be a Win for Today’s Buyers
Not every homebuyer wants the biggest house on the block. Some want something simpler, more affordable, and easier to maintain, especially in a market where every dollar counts. That’s where condos come in.For first-time buyers, they can be a smart way to get into homeownership without stretching...
More Contracts Are Falling Through. Here’s How To Get Ahead.
When you sell a house, the last thing you want is for the deal to fall apart right before closing. But according to the latest data from Redfin, that’s happening a bit more often lately. The good news is, it’s completely avoidable if you lean on an agent for insight into why that is and how to...
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Cory & Brandi Wilks
Owners | Realtors
720-388-8888 Cory
303-257-2038 Brandi
REAL ESTATE

Wilks Real Estate
19590 E. Mainstreet suite 110
Parker, Colorado 80138
CO Lic. # EC100038194
