Steps in the Homebuying Process
/Thinking about buying a home but not sure where to start? Check out the steps below.
FIND A REALTOR · Buying a home is likely going to be the biggest purchase you make in your life. I believe the more informed and prepared people are, the more comfortable they are. I like to start by sitting down over a cup of coffee and chat about your goals, the steps in the process, and answer any questions you may have. If you think we’d be a good fit, we can get started whenever the time is right for you.
GET PRE-APPROVED · In Denver’s market, it is a must to get pre-approved before you go shopping for a home. It is very important for you to know your purchase price range, feel comfortable with a potential monthly payment, and understand your down payment options and closing costs up front.
SEARCH FOR HOMES · I run a comprehensive MLS search and update you with new listings that meet your needs. I also connect you with a great app for browsing and together we will find homes you love. When the time is right, I schedule showings and we will see homes until we find the one that is perfect for you.
MAKE AN OFFER · Together, we will determine the terms and price of an offer on the home you choose. There is likely to be some negotiation, but once both parties agree, you will go under contract.
UNDER CONTRACT PERIOD · The typical under contract period in the current Denver market is about thirty days, but this can vary based upon the negotiation and terms of the contract. There are multiple dates and deadlines to meet and it is my job to make sure that you’re informed about every step. We will schedule an inspection, review several documents (title, HOA, due diligence + seller disclosures), order an appraisal, and finalize your loan. If something arises that causes major concern, the Colorado contract allows opportunities to cancel the contract (and get your earnest money back) if something is not right.
CLOSING · This is the final step after all of your hard work has already been completed! A title company will facilitate the transfer of funds and ownership. You will have a lot of documents to sign to make it official, then you will get the keys to your new home!