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Home Buying FAQs: What is an Appraisal and Why Does it Matter?

March 10, 2015

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The 2015 real estate market is starting off with a bang.  Pent-up demand has buyers out in packs, competing head to head for the listings that come on the market.  Sellers in the Denver market are seeing showing traffic in the first few hours on the market, and multiple offers are not unusual. With all […]

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Home Selling FAQs: What Factors Affect Appraisal Values?

June 17, 2013

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Home Selling FAQs: What Factors Affect Appraisal Values? When buying a home, one of the final steps before closing will be the home appraisal.  The home buyer’s lender will want to be sure that their investment is secure, and they will hire an independent appraiser to evaluate the property. The appraiser will thoroughly research the area […]

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What it Means to Be a Buyer in a Sellers’ Market, Part 2

March 5, 2013

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What it Means to Be a Buyer in a Sellers’ Market, Part 2 Now that you know that your credit report is clean, you qualify for a loan, and you have your lender letter in hand, it’s time to shop for that house. In a sellers market, buyers need to have a clear idea of what […]

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What it Means to Be A Buyer in a Sellers’ Market, Part 1

March 4, 2013

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What it Means to Be a Buyer in a Sellers’ Market, Part 1 In the past several years, it has been a pretty strong buyer’s market in most areas. That has recently completely switched over  – it is now a sellers’ market in most areas. So what does it mean to be a buyer in a sellers’ market?  The thing you’ll need to […]

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The 10 Commandments of Applying for Home Financing

February 4, 2013

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The 10 Commandments of Applying for Home Financing   When buying a home, there are some common mistakes that buyers make regarding financing.  To make sure that your home loan is on track and doesn’t incur any delays – or worse! – be sure to follow these 10 Commandments, courtesy of Joe Massey, Castle & […]

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Homebuying FAQs: What if the Seller Damages the House While Moving Out? by Jennifer Prestwich REALTOR®

June 11, 2012

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When I am working with Home Buyers, they always have questions about the process.  Usually, the questions will be regarding terms they are unfamiliar with, such as Under Contract, Possession and Closing Date, Contingencies, Concessions or Earnest Money. But there are always questions about more practical matters, too. This spring, I was working with some […]

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Homebuying FAQs: What is Earnest Money? by Jennifer Prestwich REALTOR®

June 9, 2012

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When I am helping buyers find their dream home, there are a lot of questions that can come up during the process.  Terms that we Realtors use often can sound foreign to someone who hasn’t purchased a home in awhile – if ever. Once a home buyer has found the home they would like to […]

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Homebuying FAQs: Do I Need an Inspection on a New Home? by Jennifer Prestwich REALTOR®

June 8, 2012

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Now that the Real Estate market is showing more and more signs of life, new home builders are once again ramping up their activity.  Some buyers will prefer to buy a brand-new home so that they can pick their finishes, and customize it to their liking before they ever move in.  Plus, some buyers like […]

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Homebuying FAQs: How Do I Determine the Best Offer Price? by Jennifer Prestwich REALTOR®

June 6, 2012

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There have been a lot of changes in Adams County Real Estate lately.  Whereas a year ago, homes in Henderson and Commerce City might languish on the market for 6 months or more, lately the number of days on market has dropped dramatically.  What’s more, available homes are at a 10 year low throughout the […]

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Homebuying FAQs: What Happens if the Appraisal Comes in Low? by Jennifer Prestwich – REALTOR®

June 1, 2012

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Once a home buyer has found the home they want and put it Under Contract, had it Inspected and turned in their financing paperwork, one of the final steps before Closing is the Appraisal. Why Do I Need an Appraisal?  Most home buyers in today’s world don’t have enough cash at the ready to buy […]

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