Buying A New Home
Buying a home is an exciting and sometimes, complex adventure. It can also be a very time-consuming and costly one if you're not familiar with all aspects of the process, and don't have all the best information and resources at hand.
One of my specialties is representing the best interests of my clients throughout the home buying process. My comprehensive, high-quality services will save you time and money, as well as make the experience more enjoyable and less stressful.
If you're like most people, buying a home is the biggest investment you will ever make. So whether you're buying a starter home, your dream home, or an investment property, my experience as a local market expert for the entire Denver Metro and surrounding areas can ensure you make the most informed decisions you can, every step of the way.
Different brokerage relationships are available which include Seller Agencies, Buyer Agencies or Transaction-Brokerage.
Definitions of Working Relationships
For purposes of this document, seller also means "landlord" (which includes sublandlord) and buyer also means "tenant" (which includes subtenant).
Seller’s Agent: A seller’s agent (or listing agent) works solely on behalf of the seller to promote the interests of the seller with the utmost good faith, loyalty and fidelity. The agent negotiates on behalf of and acts as an advocate for the seller. The seller’s agent must disclose to potential buyers all adverse material facts actually known by the seller’s agent about the property. A separate written listing agreement is required which sets forth the duties and obligations of the broker and the seller.
Buyer’s Agent: A buyer’s agent works solely on behalf of the buyer to promote the interests of the buyer with the utmost good faith, loyalty and fidelity. The agent negotiates on behalf of and acts as an advocate for the buyer. The buyer’s agent must disclose to potential sellers all adverse material facts actually known by the buyer’s agent including the buyer’s financial ability to perform the terms of the transaction and, if a residential property, whether the buyer intends to occupy the property. A separate written buyer agency agreement is required which sets forth the duties and obligations of the broker and the buyer.
Transaction-Broker: A transaction-broker assists the buyer or seller or both throughout a real estate transaction by performing terms of any written or oral agreement, fully informing the parties, presenting all offers and assisting the parties with any contracts, including the closing of the transaction without being an agent or advocate for any of the parties. A transaction-broker must use reasonable skill and care in the performance of any oral or written agreement, and must make the same disclosures as agents about all adverse material facts actually known by the transaction-broker concerning a property or a buyer’s financial ability to perform the terms of a transaction and, if a residential property, whether the buyer intends to occupy the property. No written agreement is required.
Customer: A customer is a party to a real estate transaction with whom the broker has no brokerage relationship because such party has not engaged or employed the broker, either as the
party’s agent or as the party’s transaction-broker.
I can provide detailed information and an explanation of each agency relationship and help guide you to what may be best for your situation.
Down Payment Assistance Programs
There are a number of down payment assistance programs available to buyers today. Some programs are grants, that do not need to be paid back. These grants can assist a buyer with both their down payment costs and/or closing costs.
Colorado Housing and Finance Authority
CHFA strengthens Colorado by investing in affordable housing and community development. Offering financial resources to strengthen homeownership, affordable rental housing, and businesses. Their participating lenders and community partners help them deploy our resources statewide. Along with their partners, CHFA has invested more than $16.7 billion in Colorado’s economy.
Colorado Housing Assistance Corporation
CHAC helps make housing and successful homeownership affordable to low and moderate income Colorado people by offering programs that create and preserve homeownership for low and moderate income families, prevent displacement of long term neighborhood residents, stabilize neighborhoods, and introduce innovative ways to mobilize private and public investment to achieve these goals.