Congrats, you’re offer has been accepted by the seller! First and foremost, you must celebrate! Not sure what comes after popping celebratory champagne? We break it down below! Due Diligence What is the due diligence period? Listed in your purchase agreement, the period is generally between 10 to 30 days, and it is … [Read more...] about Your Offer’s Been Accepted – Now What?
In the current real estate market, a continued lower supply of housing paired with high buyer demand has resulted in a highly competitive atmosphere for buyers, with most homes receiving multiple offers. According to the latest Realtors Confidence Index from the National Association of Realtors (NAR), homes today are receiving … [Read more...] about How To Navigate The New Norm of Multiple Offers
You know how the saying goes – a picture is worth 1,000 words. What your home looks like in photos greatly affects how potential buyers feel about your space. Even if you’ve got pros coming to your home, there are steps to do to make sure your place looks its best. Check out our checklist below! Be Ready Before … [Read more...] about How To Prep Your Home For Real Estate Photos
Did you know that purchasing a home is a foundational step for building wealth? There is a strong correlation between higher household net worth and homeownership. In fact, a report from The Survey of Consumer Finances, released in Sept. 2020 by the Federal Reserve, found that in 2019, homeowners in the U.S. had a median net … [Read more...] about How Homeownership Builds Wealth
The real estate industry was predicting this spring season would be calmer than 2021, where more than 70% of properties for sale experience multiple offers or even bidding wars. Unfortunately for would-be homebuyers, that conventional wisdom has taken a turn. The Spring 2022 market is set to be one of the hottest – and most … [Read more...] about Denver Real Estate Market Trends
If you were thinking that the real estate market in Colorado Springs was going to be cooler than 2021, think again! This spring season is already looking to be hot hot hot, but there are projections that it could become the hottest homebuying season ever! While rates are beginning to rise, homebuyers are still rushing to nab a … [Read more...] about Colorado Springs Spring Real Estate Trends
Are you ready to apply for a mortgage but confused by the types of pre-approvals and what they mean? We break down the 3 main types of mortgage approvals – Prequal, Preapproval, and Commitment Letter below! Prequal In a pre-qualification approval, the lender will obtain some information from you, the borrower. Usually, this … [Read more...] about Types Of Mortgage Approvals
In a nutshell, 2020 and 2021 were a wild ride for the housing market. After early predictions of a housing slump after the pandemic hit, the market surprised everyone, and went the other way and then some! Curious what 2022 is set to have in store? Check out the following housing market predictions for 2022 … [Read more...] about Housing Market Predictions for 2022