Will Guide You Through The Process
To begin…let’s set a specific
time to meet to discuss your specific wants and needs.
Together we will establish your approximate price range
and the availability of properties located in the general
area of Denver that would meet those needs.
You will decide how you will finance your home.
You can make a preliminary call to a lender for a free
evaluation of your credit scores and ability to purchase
within your budget guidelines. Make an appointment to
meet with the lender to discuss the many mortgage loan
options available to you. The buyer should have met
with a lender and received a “pre approval”
lender letter that must be submitted with any contract.
The lender will approximate your home purchasing dollar
Set a place and time convenient for the realtor and
customer to search and view properties within
the guidelines set forth by the customer’s needs
and the lenders requirements. Lots of patients is required
now, since this process may take several days or weeks.
The buyer selects three “best” properties
and revisits those properties to decide on the one on
which they would like to make an contract offer.
The realtor will write a contract offer after
showing the buyer properties that are available and
those that have sold in that neighborhood. The buyer
will establish the offering price from the information
available. A lender letter showing the buyers ability
to buy and an earnest money check from the buyer shall
be submitted with the contract to the seller.
The contract will be negotiated to reach agreement
between the buyer and the seller. The Contract to Buy
and Sell Real Estate, once signed, is a legal binding
document. The buyer may hire an attorney if they desire
to review their transaction.
The buyer has the inspection completed by his selected
inspector. Any requested repairs are negotiated.
The Appraiser inspects the property for the lender.
The property must appraise for the contract price or
the price must be renegotiated..
Full loan commitment is usually a day or two
before the closing date. The buyer must have provided
all documentation requested to the lender as soon as
the documents were requested during the lending process.
closing date and time are set and once the paper work
is completed, the buyer becomes a new homeowner!
Henderson, Re/Max Southeast, Inc.
Cell 303-523-1801 or Direct Line 303-743-9365