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
Why Today’s Mortgage Debt Isn’t a Sign of a Housing Market Crash
One major reason why we’re not heading toward a foreclosure crisis is the high level of equity homeowners have today. Unlike in the last housing bubble, where many homeowners owed more than their homes were worth, today’s homeowners have far more equity than debt.That’s a big part of the reason...
How To Get Your House Ready To Sell in 2025
Some HighlightsIf you’re planning to list your house in 2025, it’s already time to start working on any repairs. But where do you start?Your local agent will be able to help you prioritize projects that will help you get the best return on your investment and appeal to what today’s buyers really...
Don’t Miss Out on the Growing Number of Down Payment Assistance Programs
With rising home prices and volatile mortgage rates, it’s important you know about every resource that could help make buying a home possible. And one thing you’ll want to be aware of is just how much the number of down payment assistance (DPA) programs has grown lately. Take a look at the graph...
What’s Behind Today’s Mortgage Rate Volatility?
If you’ve been keeping an eye on mortgage rates lately, you might feel like you’re on a roller coaster ride. One day rates are up; the next they dip down a bit. So, what’s driving this constant change? Let’s dive into just a few of the major reasons why we’re seeing so much volatility, and what it...
Is Wall Street Really Buying All the Homes?
Let’s be real – buying a home right now is tough. You’re scrolling through listings, rushing to open houses, and maybe even losing out to more competitive offers. Somewhere along the way, you might’ve heard the reason it’s so hard to find a home is because big Wall Street investors are swooping in...
Don’t Let These Two Concerns Hold You Back from Selling Your House
If you’re debating whether or not you want to sell right now, it might be because you’ve got some unanswered questions, like if moving really makes sense in today’s market. Maybe you’re wondering if it’s even a good idea to move right now. Or you’re stressed because you think you won't find a...
The Big Difference Between Renter and Homeowner Net Worth
Some HighlightsIf you’re torn between renting or buying, don’t forget to factor in the wealth-building power of homeownership.Unlike renters, homeowners gain equity as they pay their mortgage and as home values rise. That’s why, on average, a homeowner’s net worth is nearly 40x higher than a...
Should You Sell Your House or Rent It Out?
When you’re ready to move, figuring out what to do with your house is a big decision. And today, more homeowners are considering renting their home instead of selling it. Recent data from Zillow shows about two-thirds (66%) of sellers thought about renting their home before listing, with nearly a...
More Homes, Slower Price Growth – What It Means for You as a Buyer
There are more homes on the market right now than there have been in years – and that could be a game changer for you if you’re ready to buy. Let’s look at two reasons why.You Have More Options To Choose FromAn article from Realtor.com helps explain just how much the number of homes for sale 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