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 21 To Selling Your Home: Hire Movers and Start Packing!
Now that the closing date is scheduled, it is time to call movers and start packing! Also, if you’re moving out of a condo building check with the HOA President or Property Management Company to see if you need to pay any move out fees, reserve an elevator, or if there are move in restrictions,...
Step 20 to Selling Your Home: Schedule the Closing Date on your Calendar
Now that the Inspection and appraisal deadlines have passed and everything has been negotiated AND we have a clear to close, it’s time to put the closing date on your calendar. Usually the seller does not sign at the same time as the buyers. Therefore, we can schedule your portion of the...
Step 19 To Selling Your Home: Mortgage Approval and Clear to Close
A few days to a week before the closing date, the buyer should get the Clear to Close from his or her mortgage lender. This means the buyer’s mortgage has been approved and the Realtors can schedule the closing date. Once a closing date, time and location have been scheduled by the Realtors....
What is an Appraisal?
You may be wondering “What is an appraisal anyway and when does it occur?” If you are, you aren’t alone. We get asked this question all the time after we’ve made an offer on a house, had the inspection done. The rest of the process including the appraisal, underwriting and title are a...
Step 18 To Selling a Home: The Appraisal Occurs
If the buyer is using a mortgage to buy your home then the lender will require that an appraisal be conducted. So what is an appraisal? Read this blog post to find out! Who orders the appraisal? The buyer’s mortgage lender orders the appraisal and the buyer pays for it. When does the...
Step 17 To Selling Your Home: Inspection Time Period Closes
Hopefully we’ve been able to successfully negotiate any inspection repairs or credits and the Realtors were able to come to an agreement on any contract changes. If the above both happen then the Realtors can officially close the inspection time period. After that point, it’s difficult for...
Step 16 To Selling Your Home: The Home Inspection
The home inspection usually occurs within 3 – 7 business days after the contract is accepted. The buyer will schedule the inspection and his/her Realtor will confirm that the day/time works for us. Most inspectors do not work evenings or weekends so usually the inspection takes place during a...
Step 15 to Selling Your Home: Congratulations, we have an accepted an offer, now what?
Congratulations, we’re so happy for you! Once we’ve verbally accepted an offer, both parties will sign the offer. Once that happens, we’ll send you a copy of the executed contract and inspection time period can officially begin on the next business day. In the meantime, within 24 hours of...
Step 14 To Selling Your Home: We couldn’t come to an agreement (this step may not apply to you)
Unfortunately, sometimes we aren’t able to come to an agreement with the buyer. If so, it’s disappointing, but the best thing we can do is move on quickly and look forward. We’ll continue with showings, open houses, marketing etc. Keep your chin up. We’ll find the right buyer. ...
NATIONAL REAL ESTATE ARTICLES
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...
Why an Agent Is Essential When Buying a Newly Built Home
For some buyers, there’s a misconception that newly built homes aren’t made to last or fall short of the quality you can find in older homes. Unfortunately, this is turning some buyers away from what may be one of their best options in today’s housing market. As Builder Online says:“As resale...
Why a Condo Could Be Your Perfect First Home
If you’re looking to break into homeownership but the price of single-family homes has you second-guessing, you might want to consider a condominium (condo) or townhome. These types of homes often come with a lower barrier to entry – and that can help you start to build equity and enjoy the...
Buying Beats Renting in These Top Cities
Some HighlightsBased on a recent study, in 22 of the top 50 metros, the monthly mortgage payment is lower than the rent payment.Make sure you work with a pro who can help you crunch the numbers and see how your city stacks up. This may be your opportunity to forget renting for good. If you want to...
How Much Does It Cost To Sell My House?
If you’re toying with the idea of selling your house, you’re probably wondering how much it’ll cost. To be honest, the final number will depend on several factors like the offer you accept, if you help with your buyer’s closing costs, how many repairs you tackle, and more.So, to give you a...
Two Reasons Why the Housing Market Won’t Crash
You may have heard chatter recently about the economy and talk about a possible recession. It's no surprise that kind of noise gets some people worried about a housing market crash. Maybe you’re one of them. But here’s the good news – there’s no need to panic. The housing market is not set up for...
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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