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
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...
Step 11 to Buying a Home: Don’t Spend Extra Money
This is very important so please read and take heed! Your mortgage pre-approval was granted to you based on the amount of money you had at the time of the pre-approval in your savings accounts, checking accounts, retirement accounts, etc. It was also based on the amount of debt you had at the time...
Step 7 to Buying a Home: Scheduling the Home Inspection
Once a contract has been submitted, we want to schedule a home inspection asap. It can always be cancelled if we can’t come to terms on the contract. We are happy to help facilitate the scheduling but the inspectors you use are up to you. The 2 inspection companies that our clients use most often...
Step 6 to Buying a Home: Making an Offer
Fabulous! You've found the perfect home! Let’s get the offer together. Before we can put an offer in on a home, we need you to answer the below questions so we have all of the information we need to write up an offer. You can either email us the answers, text them to us, or fill out this quick...
10 Things Not To Do When Getting a Mortgage and Buying a Home
If you’ve been pre-approved for a mortgage, you’re probably assuming you can breathe easy and focus on finding the home of your dreams without needing to worry about the loan any further. Unfortunately, that’s not the way it works. There is a huge difference between being pre-approved for a...
Protect Yourself: Change Your Social Media Privacy Settings
One of the most important things we ask prospective clients to do is to change their social media privacy settings so that only friends can see what you post, particularly on Facebook. If you’re not careful, what you post online about yourself or your property can come back to hurt you. For...
Can I Terminate a Real Estate Contract I Have Already Signed?
We often get asked by buyers if they can terminate a real estate contract they’ve signed. The answer is yes! In Colorado we have many times during the contract period that a buyer can review terms and terminate. A few items that can change a buyers mind: Seller's Property Disclosures...
Step 5 to Buying a Home: Time for Showings
You’ve found properties on the MLS you’re interested in seeing, we’ve set up your showings and we head out soon! Before we hit the showings here are a few important things to know: Wear comfortable slip on shoes as we may be asked to remove our shoes in some homes. If a lot of sunlight is...
Step 17 to Buying a Home: The Appraisal
What is the appraisal? Read this blog post to find out! Who orders the appraisal? Your mortgage lender will order the appraisal. They will call you to get your payment information soon if they haven’t already. Generally the cost is somewhere between $500 - $750 and is considered part of your...
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

















