Northern Colorado Home Buyers
Why Buy With Us
Whether you’re a first time buyer, or someone who is has bought and sold many homes, we can help you. We take care of every step for you, from finding your dream home, advising you on offers and negotiations, all the paperwork, inspection items, and appraisal, we will make sure to get you to the closing table and in your home with the least amount of stress.Thank you for trusting us as your Northern Colorado Home Buyer Specialists.
Have you thought about investing in rental properties? Does the idea of supplemental income every month sound like a good plan? Reach out to us and we can help you, we have partners around the area to assist with the financial and tax aspect, along with anything else you may need.
*May vary upon each individual, contact us for more information.
Homes For Sale
We provide you with a quick list that includes homes based withing a price range, click on any of the following numbers to view properties within the price range:
What is the importance of getting pre-approved for a mortgage? How do you go about getting pre-approved?
A mortgage pre-approval can be an extremely valuable tool while you begin your home search process. A pre-approval allows you to get an idea of how much you can afford to spend on your home, as well as a lender has verified your credit and provide us with documentation for approval for a specific loan amount. Please contact us today for a list of our preferred lenders.
Escrow and Closing Costs
What is escrow? Are there any closing costs that buyers should be aware of?
Escrow and offers
Once you have found a home, the next step is to make an offer. An earnest money check will be written at that time, then be placed in “escrow.” This will not go to the seller, and is held by a third party, until you and the seller negotiate a contract, and the deal is closed. Neither you nor the seller can touch the escrow until that time. This protects both the buyer and seller.
Escrow and lenders
Your mortgage lender will also be talking with you about escrow. The escrow or funds are held by the lender in which they make payments for you for your insurance and your property taxes. Lenders collect this monthly in addition to your loan payment and pay your loan, taxes and insurance bills when they are due.
Escrow and closing
Escrow closing is another term frequently used. The closing or escrow officer will oversee your final paperwork, in which they handle the exchanged funds. They will also handle the recording of deeds. They will ensure documents are properly signed, money is disbursed properly, documents are recorded. They will also ensure all your essential conditions are met before closing the escrow.
Closing costs vary from person to person dependent on several factors. However, an idea of the closing costs can be estimated as 2% of the purchase price. *See your realtor for more information.
What is a home warranty? Is it worth purchasing?
A home warranty is an agreement with a third party company to repair or replace specified items as determined by the buyer or seller. A home warranty should be discussed between you and your agent to see if it best suites your needs. Home warranties can also be negotiated into contracts.
First Time Home Buyers
Do we work with first-time homebuyers often? Why are we the best agent for the first time homebuyer?
Yes, we work with first time home buyers. At A La Carte Realty, LLC we pride ourselves on making the home buying process fun and stress free for you. We work with many first-time buyers with over 15 years experience. Let us turn a house into your home. Let us work hard to get you home!
Buying your home could be your biggest investment, and largest debt.
The home buying process is one of the most exciting, and frequently stressful, experiences you’ll ever go through. This holds true whether you’ve bought many homes or you’re looking to buy your first, whether you’re in the market for a new home, an investment property or that perfect vacation getaway. Today’s real estate market can offer more opportunities, yet can be filled with more risks, than ever before. There are multiple factors to consider and decisions to make. When buying, it’s crucial to have all the available resources necessary to make a well-informed decision, as well as the time required to make use of those resources. It’s important to enlist the help of a trusted real estate professional who will be able to provide expert guidance at each step of the buying process. Finding and purchasing a home includes the following steps, which we’ll examine in more detail throughout our guide:
- Define your goals, research your options, and make a plan: Given that buying a home is such a big step, it’s very important to educate and prepare yourself as much as possible. This means clearly determining the reasons you’re buying and what kind of home you’re looking for. Since buying and financing a home are so closely related, this is a good time to get in touch with a lender to determine what you would be qualified for. At this point is when we would create an action plan and timelines for moving forward. Although it is possible to do this yourself, you may benefit by consulting an experienced real estate professional right from the start.
- Contact us, your trusted real estate professionals: Buying real estate can be tricky, and not every transaction is the same. This is why you should choose a professional real estate agent with a good track record. We’re here to help you every step of the way, even from starting your property searches, financing, negotiations, and transaction processes.
- Get pre-approved for a loan: We recommend that you get pre-approved for a loan before you start viewing homes with the intention of buying. The pre-approval process involves meeting with a lender and authorizing them to examine your current financial situation and credit history. Which at this point the lender may provide you with a document detailing the amount you can borrow to buy a home. We have multiple preferred lenders to assist you, however, you have the right to find your own preferred lender. The benefits of pre-approval:
- You’ll know what you are eligible to borrow and be able to plan accordingly
- As a qualified, motivated buyer you’ll be taken more seriously when you make an offer
- Lenders can tell you if you qualify for special programs that will help you afford a better home (particularly if you’re a first-time buyer).
- Start searching for your new home: This is where we will determine your goals. It is important to distinguish between “must-haves” and “like-to-haves”. With this being said, here are a few recent facts about the search process that might put your experience in perspective:
- 92% of buyers use the internet or mobile apps to search for homes.
- Our average buyer looks at 5 houses before finding “the one”.
- 97% of buyers view real estate agents as important in the home search process.
There are many benefits to starting the search process on a real estate professional’s website. You can view homes and their details, access neighborhood info, and read helpful blog posts. However, it’s also important to view homes in person. While the property details may seem similar online, homes can be very different in terms of layout, design, workmanship and other aspects. Ideally, you should view homes with the help of an experienced real estate professional who’ll notice things you might miss, provide expert analysis, and act as an impartial sounding board.
- Make an offer, and negotiations: Once you’ve found the home you’d like to buy, it’s time to make an offer. Your real estate agent will have all the contracts that are generally used for transactions in your area. These contracts allow you to specify a purchase price and also the inclusion of clauses specifying various terms of purchase, such as the closing and possession dates, your deposit amount, and other conditions; which should be reviewed carefully. In addition to drawing up the contract, your real estate professional will be happy to address all of your questions about the offer process. Once the offer has been written, your real estate professional will present it to the seller and/or the seller’s representative. At that point, the process may vary somewhat. Generally speaking, the seller can accept your offer, reject it, or counter it to initiate the negotiation process. Negotiations can involve many factors such as deposits, price, condition of the home, closing dates, ect.
- Securing the loan: Once you are under contract, it’s time to talk to your lender once more to finalize mortgage details to close the deal. This means finalizing your down payment, interest rate, regular payment schedule and all other financial conditions associated with the closing.
- Closing: Typically at closing, there will be you, your agent, your mortgage lender, and usually the seller with their agent, the title company’s closer. At this time the title company will transfer the deed from the sellers name into your name. The title company will give you a breakdown of all the costs associated with the transaction, title insurance is recommended to protect you the buyer in case of any errors during the documentation process. This is usually a fun time for both buyers and sellers. You will also get the keys to your new home!