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
What’s the Latest with Mortgage Rates?
Recent headlines may leave you wondering what’s next for mortgage rates. Maybe you’d previously heard there were going to be cuts this year that would bring rates down. That refers to the Federal Reserve (the Fed) and what they do to their Fed Funds Rate. While cutting, or lowering, the Fed Funds...
What Every Homebuyer Should Know About Closing Costs
Before making the decision to buy a home, it's important to plan for all the costs you’ll be responsible for. While you're busy saving for the down payment, don't forget you’ll want to prep for closing costs too.Here’s some helpful information on what those costs are and how much you should budget...
3 Helpful Tips for First-Time Homebuyers [INFOGRAPHIC]
Some HighlightsTrying to buy your first home? If you’re worried about affordability today or the limited number of homes for sale, these tips can help.Look into homebuyer programs, expand your search area, and consider a multi-generational home.Connect with a local real estate agent so you have an...
What Are Experts Saying About the Spring Housing Market?
If you’re planning to move soon, you might be wondering if there'll be more homes to choose from, where prices and mortgage rates are headed, and how to navigate today’s market. If so, here's what the professionals are saying about what’s in store for this season.Odeta Kushi, Deputy Chief...
Does It Make Sense To Buy a Home Right Now?
Thinking about buying a home? If so, you're probably wondering: should I buy now or wait? Nobody can make that decision for you, but here's some information that can help you decide.What’s Next for Home Prices?Each quarter, Fannie Mae and Pulsenomics publish the results of the Home Price...
Homeowners Today Have Options To Avoid Foreclosure
Even with the latest data coming in, the experts agree there’s no chance of a large-scale foreclosure crisis like the one we saw back in 2008. While headlines may be calling attention to a slight uptick in foreclosure filings recently, the bigger picture is that we’re still well below the number...
4 Tips To Make Your Strongest Offer on a Home
Are you thinking about buying a home soon? If so, you should know today’s market is competitive in many areas because the number of homes for sale is still low – and that’s leading to multiple-offer scenarios. And moving into the peak homebuying season this spring, this is only expected to ramp up...
The Latest Trends in Housing [INFOGRAPHIC]
Some HighlightsWith the number of new listings going up and average days on market going down, buyers may have more options, but will still want to move fast.For sellers, inventory is still low and houses are selling fast, meaning your house should stand out and may get multiple offers if you...
Why Today’s Seller’s Market Is Good for Your Bottom Line
Thinking about selling your house and wondering if now’s a good time to do it? Here’s what you need to know. Even though the number of homes for sale has been growing this year, there still aren’t enough homes on the market for all the buyers who want to buy.So, what does that mean for you? To...
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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