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
Why Your House Will Shine in Today’s Market
Even though there are more homes available for sale than there were at this time last year, there are still more buyers than there are houses to choose from. So, know that if you’ve got moving on your mind, your house can really stand out.There are several key reasons why there aren’t enough homes...
Debunking Scary Myths About Buying a Home
Some HighlightsThere are a number of scary myths about homebuying in today’s market. Here’s what you need to know.Prices are not expected to crash, it is possible to buy even with student loan debt, and there are programs that can help you save for a down payment.Don’t let scary myths delay your...
Why Today’s Foreclosure Numbers Won’t Trigger a Crash
With everything feeling more expensive these days, it’s natural to worry about how rising costs might impact the housing market. Many people are concerned that high prices and tighter budgets could cause more homeowners to fall behind on their mortgage payments, leading to a wave of...
How Long Will It Take To Sell Your House?
As you’re getting ready to sell your house, one of the first questions you’re probably asking is, “how long is this going to take?” And that makes sense—you want to know what to expect.While every market is different, understanding what’s happening nationally can give you a good baseline. But for...
Planning To Sell Your House in 2025? Start Prepping Now
If your goal is to sell your house in 2025, now’s the time to start prepping. Even though it might seem like there’s plenty of time between now and the new year, you should get a head start on any updates or repairs you want to make now. As Danielle Hale, Chief Economist at Realtor.com, says:“ . ....
What To Expect from Mortgage Rates and Home Prices in 2025
Curious about where the housing market is headed in 2025? The good news is that experts are offering some promising forecasts, especially when it comes to two key factors that directly affect your decisions: mortgage rates and home prices.Whether you're thinking of buying or selling, here’s a look...
Why Buying Now Is Worth It
Some HighlightsYou may be torn between buying a home now or waiting. But don’t forget to factor in the equity you’ll gain as prices rise.Experts forecast prices will climb over the next 5 years – and based on those forecasts, you could gain about $90k in equity in that time.So, you could wait, but...
Why Did More People Decide To Sell Their Homes Recently?
Homeowners typically slow down their moving plans as the summer months wrap up, and as a result, fewer homes are listed for sale in the fall. It’s a predictable, seasonal trend in real estate. But this year, mortgage rates came down at the same time the number of homes on the market usually starts...
The Benefits of Using Your Equity To Make a Bigger Down Payment
Did you know? Homeowners are often able to put more money down when they buy their next home. That’s because, once they sell, they can use the equity they have in their current house toward their next down payment. And it’s why as home equity reaches a new height, the median down payment has...
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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