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
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 25 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...
The Hidden Costs of Home Buying
When buying a home, many people think they only need to have a down payment ready for closing, however, there are many other fees that have to be paid throughout the process. So what are these hidden costs, when are they due and how can you prepare for them? Earnest Money: Earnest...
NATIONAL REAL ESTATE ARTICLES
Homeowners Have a Lot of Equity Right Now [INFOGRAPHIC]
Some HighlightsYour equity grows as you pay down your home loan and as home prices increase. With home prices rising again, your equity is getting an extra boost.Almost half of homeowners are equity rich because they have at least 50% equity in their homes. If you’ve been in your home for a while,...
How Inflation Affects the Housing Market
Have you ever wondered how inflation impacts the housing market? Believe it or not, they’re connected. Whenever there are changes to one, both are affected. Here’s a high-level overview of the connection between the two.The Relationship Between Housing Inflation and Overall InflationShelter...
Buyer Traffic Is Still Stronger than the Norm
Are you putting off selling your house because you’re worried no one’s buying because of where mortgage rates are? If so, know this: the latest data shows plenty of buyers are still out there, and they’re purchasing homes today. Here’s the data to prove it.The ShowingTime Showing Index is a...
Why You May Still Want To Sell Your House After All
Even though you may feel reluctant to sell your house because you don’t want to take on a mortgage rate that’s higher than the one you have now, there’s more to consider. While the financial side of things does matter, your personal needs may actually matter just as much. As an article from...
Gen Z: The Next Generation Is Making Moves in the Housing Market
Generation Z (Gen Z) is eager to put down their own roots and achieve financial independence. As a result, they’re turning to homeownership. According to the latest Home Buyers and Sellers Generational Trends Report from the National Association of Realtors (NAR), 30% of Gen Z buyers transitioned...
Today’s Housing Market Has Only Half the Usual Inventory [INFOGRAPHIC]
Some HighlightsThere are only about half the number of homes for sale compared to the last normal years in the market. That means buyers don’t have enough options right now. So, if you work with an agent to list your house, it should be in the spotlight. If you're thinking of selling, get in touch...
More Jobs and Better Pay Leads to More Buyer Demand
There’s been talk about a recession for quite a while now. But the economy has been remarkably resilient. Why? One reason is employment and wages have stayed strong. Let’s look at the latest information on each one and why both are good news if you’re thinking about selling your house.More Jobs...
Why You Need a True Expert in Today’s Housing Market
The housing market continues to shift and change, and in a fast-moving landscape like we’re in right now, it’s more important than ever to have a trusted real estate agent on your side. Whether you’re buying your first home or selling once again, it’s mission critical to work with an expert who...
Why You Don’t Need To Fear the Return of Adjustable-Rate Mortgages
If you remember the housing crash back in 2008, you may recall just how popular adjustable-rate mortgages (ARMs) were back then. And after years of being virtually nonexistent, more people are once again using ARMs when buying a home. Let’s break down why that’s happening and why this isn’t cause...
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Cory & Brandi Wilks
Owners | Realtors
720-545-9001 Cory
720-545-9002 Brandi
720-545-9003 Nicole
Nicole@WilksRealEstate.com
REAL ESTATE

Wilks Real Estate
19590 E. Mainstreet suite 100-1
Parker, Colorado 80138
CO Lic. # EC100038194
