Buyers Guide
KELLER WILLIAMS REALTY SUCCESS LLC
IT’S ALL ABOUT YOU My real estate business has been built around one guiding principle: IT’S ALL ABOUT YOU.
Your needs Your dreams Your concerns Your questions
Your time Your life
My focus is on your complete satisfaction. In fact, I work to get the job done so well, you will want to tell your friends and associates about it. Maybe that’s why more than 50 percent of my business comes from repeat customers and referrals. Good service speaks for itself. I’m looking forward to the opportunity to earn your referrals too!
Your Guide
Your finances
MEET YOUR KELLER WILLIAMS AGENT
Brandie Sciacca 303.818.3807 | SCIACCAB@GMAIL.COM COLORADOHOUSE2HOME.COM
I am a passionate sales professional with over 10 years experience in the financial services industry and over 12 years of residential real estate investing.
Last year, I was counted among the top individual agents in my office of 160, and in the top 10% of agents in the Denver Metro area with regard to production. I serve on the Agent Leadership Council at the Keller Williams Realty Success office where I am able to mentor other agents and teach continuing education classes. I am a current member of the Denver Metro Association of Realtors® and hold the Military Relocation Specialist and Certified Home Buyer Specialist designations. I am a proud supporter of these charitable organizations: Denver Dumb Friends League, Dennison Elementary School, and, Colorado Hero Rewards. Outside of the office I enjoy spending time with my family. I love the outdoors and can usually be found on the local hiking trails or trying a new eatery around town.
Meet
Competent, ethical, and with a keen eye for details, I’m a people person and I put my clients first. Whether you are seeking growth for your investment portfolio, selling a house, or buying your dream home, I will ensure you reach your real estate goals.
Brandie
With a degree in finance, my business is tailored around helping clients build their wealth through various real estate holdings. I understand that buying and/or selling a home is more than just a transaction, rather it’s a life-changing experience. I pride myself with a philosophy towards providing exceptional and personalized service for all my clients. I value the relationships I have formed throughout my career and always work relentlessly on my client’s behalf to help achieve their goals.
HOW AM I DIFFERENT THAN OTHER AGENTS? I work with each of my clients individually, taking the time to understand your unique lifestyle, needs and wishes. This is about your life and that’s important to me. Experience: Member of local board of REALTORS and multi-year member of the ALC and qualify in the TOP 20% at my Brokerage Firm. Real Estate is always evolving and it is with great pride that I stay on top of current market trends through ongoing education and monitoring the micro-econonmy of the Denver Metro area. Technology: Through the use of technology, my systems make shopping for a home smooth and simple...Saving you TIME! My free KW real estate app ensures you will always have access to active homes in your desired target market. You will also receive email notifications through REColorado each time a home(s) hits the market that meets your criteria. I also utilize software to research all off-market properties, ensuring you have access to ALL properties that may be a good match for you. Expertise: As a Colorado Native and resident of Denver since 1999, I have had the opportunity to live in and visit ,multiple parts of the Denver Metro area. This vast knowledge allows me to provide insight to possible considerations for my clients when making their home purchase location decision. Communication: You are important to me and I pride myself in being readily available to you. For any questions or real estate related needs you may have, I am available by phone, email and/or text Monday-Friday 8am 7pm and by appointment on Saturday’s. I take Sunday’s off to rejuvenate and invest in my family. This ensures I am physically and mentally ready to be at peak performance for you during the week. Clients for Life: Repeat and Referral business are the lifeblood of my business. It is with great pride that over 80% of my business is done on referral or repeat basis. You are important to me and it is my goal to be a resource for you long after we close on your home. My Commitment to You: Our professional relationship doesn’t end at the closing table. I want to be an ongoing resource for you when you need professional vendor recommendations, ideas for adventures in and around town or when you are ready to build your real estate portfolio. My mission is to be your agent for life!
1 0 0 % S A T I S F A C T I O N R E S U LT S ! WHEN I CLOSE A TRANSACTION FOR MY CLIENTS, THEIR REVIEW OF MY P E R F O R M A N C E S P E A K S F O R I T S E L F. W H E N A S K E D H O W T H E Y R A T E D THE SERVICES I PROVIDED, 100% OF THEM REPORTED THEY WERE VERY S AT I S F I E D.
Brandie was amazing. She was very professional and extremely helpful for my husband and I throughout the process of buying our first home. She was efficient, patient, and negotiated very well for us on our behalf. Kim J. Brandie is a wonderful realtor! I highly recommend her to anyone who is seeking to purchase/sell a home. She is very experienced and versed in realty. Was an excellent source of information to me as a first time home buyer. Maria S. We’ve had 2 great experiences finding new homes with Brandie’s help in the Denver area. What you get when you work with Brandie is an agent who’s sole priority is to help get you and your family into your dream home. Her attention to detail and professionalism in every step of the process separate her as an exceptional agent and guide through the home buying process. Finding your next home is too important to leave to just another real estate agent, go with Brandie! Matt A. We had to move to the Denver market from out of the state, and we had to do it in between our kids school year. Brandie made the process as easy as possible. She was always available, and really took the time to get to know our family to help us select the right house. We couldn’t be happier! I have now moved 5 times in my life and Brandie is the best realtor I have had the pleasure of working with. Alex C. Brandie is a wonderful realtor! I highly recommend her to anyone who is seeking to purchase/sell a home. She is very experienced and versed in realty. Was an excellent source of information to me as a first time home buyer. Brandie was amazing. She was very professional and extremely helpful for my husband and I throughout the process of buying our first home. She was efficient, patient, and negotiated very well for us on our behalf. Kimberly P. We’ve worked with Brandie for 2 sales and 2 home purchases in the Denver area and been thrilled with her expertise! Brandie works with the sole purpose of helping you and your family get into your dream home. She’s responsive, knowledgeable, and equipped to handle any bumps in the road that come up during the complicated process. Looking back, we can’t imagine trusting any other agent with decisions as important as selling and buying a home. We cannot recommend Brandie enough. Matt A. R E A D M O R E O N M Y W E B S I T E AT W W W.C O LO R A D O H O U S E 2 H O M E .C O M
2
A Realtor® helps you determine how much you can afford, how you can acquire the down payment, and what financing options may be open to you.
3
A Realtor® can help you find the home best suited to your needs | size, style, features, location, accessibility yo schools, transportation, shopping, etc.
4 5
A Realtor® can suggest simple changes that could make a prospective home more suitable for you and improve its utility and enjoyment.
6
A Realtor® has no emotional ties to a home, can be objective about, can point out its advantages and disadvantages and is an expert negotiator.
7
A Realtor® strives for fairness and agreement. He/she eliminates personality conflicts with owners and is totally objective to help you find the most suitable home at the most reasonable price in the shortest period of time.
8
A Realtor® can familiarize you with the transaction procedures by explaining them all in advance.
A Realtor® can supply information on real estate values, taxes, utility costs, municipal services and facilities and may be aware of proposed zoning changes that can affect your decision to buy.
Why Use
1
A Realtor® has extensive information all in one place about what is “on the market.” Including homes listed by other Realtors®. You won’t waste time looking at unsuitable homes.
a Realtor?
WHEN BUYING A HOME, MAKE SURE YOU’RE WORKING WITH A R E A LT O R ®
W H Y K E L L E R W I L L I A M S R E A LT Y ? Created as a grand experiment, Keller Williams operates on the premise that if the company focuses all its resources on building its agents’ businesses, the agents in turn will build the company beyond all expectations. With that philosophy, we are reshaping the global industry landscape. Today, more than 139,000 associates and over 790 market centers across the globe are affiliated with Keller Williams. And, we want you to be part of the family! Technology Leading-edge tech tools and training give me the edge in effectively finding the perfect home for you! Teamwork Keller Williams Realty was designed to reward agents for working together. Based on he belief that we are all more successful if we strive toward a common goal rather than our individual interests, I'm confident that every Keller Williams professional shares the common goal of serving you, my client, in the best way possible. Knowledge Keller Williams Realty helps me stay ahead of trends in the real estate industry through its comprehensive, industry-leading training curriculum and research resources. It's what prepares me to provide you with unparalleled service. Reliability Founded on the principles of trust and honesty, Keller Williams Realty emphasizes the importance of having the integrity to do the right thing, always putting your needs first. It reinforces my belief that my success is ultimately determined by the legacy I leave with each client I serve. Track Record I'm proud to work for the world's largest real estate franchise by agent count. It's proof that when you offer a superior level of service, the word spreads fast.
THE HOME BUYING PROCESS
From Start to Finish
Selection of Your Agent
As Your Agent I WILL:
DISCUSS YOUR NEEDS
PRE-APPROVAL
DETERMINE SEARCH PARAMETERS
DETERMINE REALISTIC PRICE
RECOMMEND LENDERS FOR
ANALYZE COMPARABLE PROPERTY VALUES
PREVIEW PROPERTIES
DECISION TO BUY FACILITATE TIMELY CLOSING
ENSURE COMMUNICATION AMONG ALL PARTIES
GUIDE YOU THROUGH CONTRACT DUE DILIGENCE
SEARCH MLS FOR PROPERTIES
FACILITATE HOME INSPECTION
ACCOMPANY YOU ON FINAL WALK-THROUGH
NEGOTIATE ON YOUR BEHALF
REVIEW CLOSING DOCUMENTS
SCHEDULE & ACCOMPANY YOU TO SHOWINGS
DELIVER CONTRACT TO SELLER OR AGENT
FACILITATE CLOSING
REVIEW DISCLOSURES & LAWS
MOVING DAY
THE HOME BUYING PROCESS MY JOB IS TO BE YOUR GUIDE THROUGHOUT YOUR HOME BUYING PROCESS. WHETHER THIS IS YOUR FIRST PURCHASE OR YOUR 10TH, YOU HAVE ENOUGH TO W O R R Y A B O U T W I T H O U T A D D I N G S T R E S S F R O M T H E T EC H N I C A L D E TA I L S . A L LO W M E T O M A K E T H E P R O C E S S A S E A S Y A S P O S S I B L E F O R Y O U A N D Y O U R F A M I LY.
The general steps in the buying process will be determined by the contract deadlines. It will usually take 30-45 days from contract to close to complete the process.
Discuss agency relationships and select your buyer’s agent to represent your interests.
Become pre-approved with a mortgage lender as this will help determine your price range and make you a more attractive buyer when making an offer.
Begin your search for a new home. If you have a home to sell, it is best to begin this search before your existing home in under contract.
Discuss your needs. Make sure your agent fully understands what type of home will best suit you and your family.
Make an offer!
Follow your agent’s guidance through the due diligence of the contract process.
Learn all about the neighborhood and city that you are about to live in.
Make preliminary moving plans with regards to utilities, insurance policies, schools and moving day.
T H E P E O P L E I N V O LV E D
ABOUT THE COMMISSION
SELLER
BUYER
BUYER’S
SELLER’S
AGENT
LENDER
INSPECTOR
AGENT
SELLER
Typically Pays
TITLE
BUYER
COMPANY
Occasionally Pays
LISTING AGENT’S
LISTING
BROKERAGE
AGENT
OFFICE
BUYER AGENT’S
BUYER’S
BROKERAGE
AGENT
OFFICE
YOUR LIFESTYLE INTERVIEW THE FOLLOWING PAGES ARE SOME QUESTIONS FOR YOU TO THINK ABOUT B E F O R E W E S E T U P Y O U R H O M E S E A R C H . I N I T I A L LY I D E N T I F Y I N G S O M E O F THESE WANTS AND NEEDS WILL HELP ME FIND A HOME BEST SUITED FOR Y O U A N D Y O U R F A M I LY.
Lifestyle: Who will be living in the home you purchase? Will anyone else be spending more than an occasional overnight stay (e.g., parents)? Describe your lifestyle. What do you enjoy doing at home? Do you do a lot of entertaining? How do you spend your time in the evenings and on the weekends? Does your home need to accommodate any special needs? Do you have any pets? Do you have anything special that needs to be accommodated such as athletic equipment, ďŹ ne art, large furniture or a large collection? When people come to your home, what do you want your home to say about you? Is there anything I should know about your lifestyle that I have not asked?
Location: Tell me about your ideal location. What is your maximum commute time and distance? What is your work address? Are schools important? Is there a particular view you are seeking (e.g., skyline, lake, mountains)? What else is important about your location?
YOUR HOME WISH LIST General: Do you have a preference for when the house was built? Do you want a house in move-in condition or are you willing to do some work on it? When people come to your home, what do you want your home to say about you? Do you want to have a swimming pool or hot tub? Are you looking for any structures such as a greenhouse or shed?
Structure/Exterior: What type of home are you looking for (e.g., single-family, condo, town house, etc.)? Approximately what size house are you looking for (square footage) How many stories? What size lot would you like? What architectural styles do you prefer? What type of exterior siding will you consider? Do you want a porch or deck? What are you looking for in terms of a garage (e.g., attached, carport, etc.)? What other exterior features are important to you?
YOUR HOME WISH LIST House - Interior: What kind of style do you want the interior of your home to have (e.g., formal, casual, cozy, traditional, contemporary)? What kind of floor plan do you prefer (e.g., open vs. walls between all living spaces)? In general, what are your likes and dislikes for the interior of your home?
Bedrooms: How many bedrooms do you need? How will each of those rooms be used? What are your preferences for the master bedroom?
Bathrooms: How many bathrooms do you need? What are your needs for each of the bathrooms?
Kitchen: What features must your kitchen have (e.g., breakfast area, types of appliances, etc.)? What finishes do you want (e.g., countertops, flooring, appliances, etc.)? What are your likes and dislikes for the kitchen?
YOUR HOME WISH LIST Dining Room: Would you like the dining room to be part of the kitchen configuration? What about the living room? What size dining room table do you have?
Living Room/Family Room: Describe your likes and dislikes. Do you want a fireplace? What size room(s) do you have in mind? What other rooms do you need or want? What else should I know about the inside of the house you are looking for?
Summary: What are the top five things your home needs to have? Beyond those five things, what is something else you really want to have? If you could have something else, what would that be? If you could have one last thing to make this your dream home, what would that be?
THE NEIGHBORHOOD OF YOUR DREAMS Please consider the following and record any notes or preferences: Areas you would enjoy
SpeciďŹ c streets you like
School district(s) you prefer
Your work location(s)
Your favorite shops/conveniences
Recreational facilities you enjoy
Any additional items to consider when selecting your target neighborhoods
YOUR HOME SEARCH I LO V E H E L P I N G B U Y E R S F I N D T H E I R D R E A M H O M E . T H AT ’ S W H Y I W O R K W I T H E A C H C L I E N T I N D I V I D U A L LY, T A K I N G T H E T I M E T O U N D E R S T A N D T H E I R UNIQUE LIFESTYLES, NEEDS AND WISHES. T H I S I S A B O U T M O R E T H A N A C E R TA I N N U M B E R O F B E D R O O M S O R A PA R T I C U L A R Z I P C O D E . I T ’ S A B O U T YO U R L I F E , A N D I T ’ S I M P O R TA N T TO M E . When you work with me, you get: A knowledgeable and professional REALTOR® A committed ally to negotiate on your behalf The backing of a trusted company, Keller Williams Realty I have the systems in place to streamline the home-buying process for you. As part of my service, I will commit to helping you with your home search by: Previewing homes in advance on your behalf Personally touring homes and neighborhoods with you Keeping you informed of new homes on the market Helping you preview homes on the Web Advising you of other homes that have sold and for how much Working with you until we find the home of your dreams Once we have identified your basic home search criteria I will set up a “drip” search from REColorado. com in which you can communicate with me, flag listings you like or want to see, send me messages, notes, and more. We can always modify your search at any time after you start looking.
D O W N L O A D M Y A P P : H T T P : // A P P. K W . C O M / K W 2 K S 9 V F A
Nationwide home search capabilities - share the app with your friends GPS location search will bring up available homes near you Search by specifics parameters Save your favorite homes Rentals and Open Houses too!
MAKING AN OFFER Once you have found the property you want, we will write a offer. While much of the agreement is standard there are a few areas we can negotiate. Once your offer is accepted it becomes a binding contract between you and the seller. I will ensure your offer is complete and serves your best interests. Your Offer Includes General terms specific to the property such as address, legal description, ownership and how you will take title. The Price and Terms What you offer on a property depends on a number of factors including its condition, length of time on the market, current market conditions, buyer activity, and the urgency of the seller. The terms such as cash or new loan, if you are obtaining financing. In some situations owner carry financing may be available. The Deadlines and Due Diligence Items There are several deadlines contained in the contract that will determine when certain disclosure items are due from the seller and your objections to review of the home and its inclusions that are provided for. Contract acceptance, closing and possession dates are also addressed. We will discuss the time-line that works best for you for a closing date, ensure that your lender can meet the desired date in order to provide financing, and structure the deadlines in the contract to correspond appropriately to the closing date. Inclusions and Exclusions Often, the seller plans on leaving major appliances in the home; however, which items stay or go is often a matter of negotiation. We will identify the items the seller is offering as inclusions and discuss the exclusions. Sometimes buyers ask for items to be included as part of the negotiation process that the seller has asked to be excluded. We will discuss the pros and cons of making this kind of request. I will present it to the listing agent and/or seller. The seller will then do one of the following:
Accept the offer
Reject the offer
Counter the offer with changes
By far the most common is the counteroffer. In these cases, my experience and negotiating skills become powerful in representing your best interests. When a counteroffer is presented, you and I will work together to review each specific area of it, making sure that we move forward with your goals in mind and ensuring that we negotiate the best possible price and terms on your behalf, but at the same time keeping your offer competitive and the seller engaged with negotiations.
I ’ M U N D E R C O N T R A C T, N O W W H AT ? When you and the seller come to an agreement on your offer the terms of the contract will “kick in” and it will be time to start performing the due diligence terms of the contract. The seller has certain due diligence items they are responsible for and you have certain items as well. I will outline your responsibilities upon acceptance of the offer and will stay in touch with you from contract to close to help guide you through the process. Earnest Money With your offer you need to provide something of “value” to the seller as good faith that you will follow through with the terms of the contract, subject to any objections you may have under the due diligence periods. You will provide an earnest money deposit that will be held in an escrow account by the listing broker’s company or the title company. Any entity that holds the earnest money is bound by Colorado real estate law and the terms set forth in the contract for handling of the earnest money should there be a dispute, or if the contract terminates. Your earnest money is protected under several contingencies in the contract. Inspections The most important part of your due diligence under the terms of the contract is the inspection period. This is the time that you are allowed to inspect the property of your own accord and bring in professionals, contractors or other people that will provide you information about the home. The purpose of the inspection is not to turn around and ask the seller to make every repair found, it is to inform you so that you know exactly what you are buying. There is not a home available for sale (including brand new construction) that is in perfect condition. Contingencies In addition to common contract contingencies which include the buyer obtaining financing from a lending institution, a satisfactory report by a home inspector, an appraisal for at least the value of the contract price, title insurance and others, there might be other requirements specific to your sale included. These might be special inspections (such as stucco, or pre-drywall inspections on a new home), tax advice or occasionally attorney review. Well and septic inspections and disclosure of specific environmental hazards or other state-specific requirements might also be necessary.
CLOSING 101 Prepare for It Closing Day marks the end of your home-buying process and the beginning of your new life! To make sure your closing goes smoothly, you should bring the following:
A certified check or wire transfer will be required for closing costs and down payment. I will let you know if you make the check payable to yourself or the title company about a week prior to closing. Note that most title companies will only accept wire transfers for funds over $25,000 due to fraudulent checks becoming more prominent in transaction use. An insurance binder and paid receipt Photo ID (drivers license, state ID or passport) Social Security number Addresses for the past 10 years
Own It Transfer of title moves ownership of the property from the seller to you. The two events that make this happen are: Delivery of the buyer's funds This is the wired funds provided by your lender in the amount of the loan. Delivery of the deed A deed is the document that transfers ownership of real estate. The deed names the seller and buyer, gives a legal description of the property, and contains the notarized signatures of the seller and witnesses. At the end of closing, the deed will be recorded at the county clerk's office. It will be sent to you after processing. Possession Regardless of what you negotiated for possession of the property from the Seller, you will receive a set of keys at closing. Additional keys for the house and/or mailbox, garage door opener remote controls, manuals for systems and/or appliances will generally be left behind at the property for you.
HELPFUL INFORMATION POINTERS FROM
Brandie
I N F O R M AT I O N E V E R Y B U Y E R S H O U L D K N O W AS A BUYER, YOU MAY BE RESPONSIBLE FOR THE FOLLOWING ESTIMATED EXPENSES ASSOCIATED WITH YOUR HOME PURCHASE: General Property Inspection
$200 to $600 | Variable depending upon sq.ft. and number of inclusions.
Sewer Inspection
$150 to $200
Radon Gas Test
$150 to $200
Lead Paint Inspection
$1000 + | Variable depending on the age of the home.
Homeowner’s Insurance
Varies depending on your choice of coverage, past claims and other factors.
Title Company Real Estate Closing Fee
$150 to $175
Doc Fee (State Tax Stamps)
$1 per $1,000 of sales price.
Property Taxes
A partial credit to you for the portion of the current year that the seller owned the property.
Recording Fee
$150-$400
SETTLEMENT COSTS ASSOCIATED WITH YOUR LENDER: Loan Application
$250 to $500
Closing Points or Loan Origination Fee
1% to 3% of loan amount (optional)
Loan Closing Fee to Title Company
$300 to $350
Private Mortgage Insurance (PMI)
Required if loan amount is more than 80% of purchase price.
Underwriting Fee
$250 to $500
Document Preparation
$50 to $300
Flood Certification Fee
$10 to $50
Lenders Title Insurance Policy
$300 and up.
Credit Report
$15 to $25
Hazard Insurance
Premium for 1 year.
Appraisal Fee
$600 and up depending on the size of home; rush orders.
Tax Certification
$25
PRE-PAID ITEMS: Reserve fund for Tax Escrow
2 to 8 months of real estate taxes (may be received as credit from Seller)
Prepaid Interest
Interest on loan from closing date to the end of the month.
Hazard Insurance Escrow
Typically 3 months.
1. Financial pre-qualification or pre-approval Application and interview Buyer provides pertinent documentation including verification of employment Credit report is requested Appraisal scheduled for current home owned, if any 2. Underwriting Loan package is submitted to underwriter for approval 3. Loan approval Parties are notified of approval Loan documents are completed and sent to title 4. Title company Title exam, insurance and title survey conducted Borrowers come in for final signatures 5. Funding Lender reviews the loan package Funds are transferred by wire Why pre-qualify? We recommend our buyers get pre-qualified before beginning their home search. Knowing exactly how much you can comfortably spend on a home reduces the potential frustration of looking at homes beyond your means.
SThe Mortgage Loan and Process
Funding Your Home Purchase
B R E A K D O W N O F YO U R M O R TG A G E PAYM E N T Your Mortgage Payment Typically Includes: PRINCIPAL The amount of money borrowed. Each month a portion of the principal is paid back., Over time, interest becomes a smaller part of the monthly mortgage payment, and more of the payment goes toward reducing the principal owed. INTEREST The cost of borrowing money, usually expressed as an annual percentage of the loan amount, for example, 4% or 6%. Principal and interest are amortized over a period of years, typically for 15 to 30 years. P R O P E R T Y TA X E S Taxes paid to a local government, usually a percentage of your property value, based on the mil levy. Your lender generally collects the taxes through your monthly payments and pays them directly to the local government. The amount of tax will vary depending upon where you live and the type of property you own. You will receive a tax certificate from the title company that will show a breakdown of the mil levy and special taxing districts. HAZARD INSURANCE An insurance policy that protects you from financial losses on your property that results from fire or other hazards. P R I VAT E M O R TG A G E I N S U R A N C E ( P M I ) An insurance policy for down payments of less than 20% of the home price, which helps mortgage lenders recover some losses if a borrower fails to fully repay. Mortgage insurance makes it possible to buy a home with a low down payment.
M O R TG A G E A P P L I C AT I O N C H EC K L I S T
Copy of signed sales contract with all addenda and amendments attached. Your address(es) for the past two years. The name and address of your employer(s) for the past two years. Social Security numbers for all applicants. W-2 forms for the past two years. Copies of pay stubs for the most recent 30-day period. Copies of statements for the most recent two months (or most recent quarterly statement) for bank accounts, mutual funds, brokerage accounts, retirement, etc. to identify the source of your down payment and asset reserves. All pages of the statements will be required, even if blank. Most recent two years federal tax returns including all schedules. If applicable, most recent two years corporate or partnership federal tax returns, including K1’s, for all companies in which the applicant has an ownership interest. Copy of canceled earnest money check, both sides, when available. Name, address and phone number of current landlord, if applicable. Estimates of value of real estate owned. You may also be asked for information on VA loans, Certificate of Eligibility or DD-214, pending lawsuits, former bankruptcies or foreclosures, rental leases, divorce decrees outlining child support and/or alimony. Name and number of the insurance agent you will be using for hazard insurance.
After your loan officer reviews your loan application, additional information may be required.
30 Year Payment Schedule
30 YEAR
2.5%
3%
3.5%
4%
4.5%
5%
5.5%
6%
6.5%
7%
7.5%
8%
$50,000
198
211
225
239
253
268
284
300
316
333
350
367
$75,000
296
316
337
358
380
403
426
450
474
499
524
550
$100,000
395
422
449
477
507
537
568
600
632
665
699
734
$125,000
494
527
561
597
633
671
710
749
790
832
874
917
$150,000
593
632
674
716
760
805
852
899
948
998
1049
1101
$175,000
691
738
786
835
887
939
994
1049
1106
1164
1224
1284
$200,000
790
843
898
955
1013
1074
1136
1199
1264
1331
1398
1468
$225,000
889
949
1010
1074
1140
1208
1278
1349
1422
1497
1573
1651
$250,000
988
1054
1123
1194
1267
1342
1419
1499
1580
1663
1748
1834
$275,000
1087
1159
1235
1313
1393
1476
1561
1649
1738
1830
1923
2018
$300,000
1185
1265
1347
1432
1520
1610
1703
1799
1896
1996
2098
2201
$325,000
1284
1370
1459
1552
1647
1745
1845
1949
2054
2162
2272
2385
$350,000
1383
1476
1572
1671
1773
1879
1987
2098
2212
2329
2447
2568
$375,000
1482
1581
1684
1790
1900
2013
2129
2248
2370
2495
2622
2752
$400,000
1580
1686
1796
1910
2027
2147
2271
2398
2528
2661
2797
2935
$425,000
1679
1792
1908
2029
2153
2281
2413
2548
2686
2828
2972
3118
$450,000
1778
1897
2021
2148
2280
2416
2555
2698
2844
2994
3146
3302
$475,000
1877
2003
2133
2268
2407
2550
2697
2848
3002
3160
3321
3485
$500,000
1976
2108
2245
2387
2533
2684
2839
2998
3160
3327
3496
3669
$525,000
2074
2213
2357
2506
2660
2818
2981
3148
3318
3493
3671
3852
$550,000
2173
2319
2470
2626
2787
2953
3123
3298
3476
3659
3846
4036
$575,000
2272
2424
2582
2745
2913
3087
3265
3447
3634
3825
4020
4219
$600,000
2371
2530
2694
2864
3040
3221
3407
3597
3792
3992
4195
4403
$625,000
2470
2635
2807
2984
3167
3355
3549
3747
3950
4158
4370
4586
$650,000
2568
2740
2919
3103
3293
3489
3691
3897
4108
4324
4545
4769
$675,000
2667
2846
3031
3223
3420
3624
3833
4047
4266
4491
4720
4953
$700,000
2766
2951
3143
3342
3547
3758
3975
4197
4424
4657
4895
5136
$725,000
2865
3057
3256
3461
3673
3892
4116
4347
4582
4823
5069
5320
$750,000
2963
3162
3368
3581
3800
4026
4258
4497
4741
4990
5244
5503
2.5%
3%
3.5%
4%
4.5%
5%
5.5%
6%
6.5%
7%
7.5%
8%
$50,000
333
345
357
370
382
395
409
422
436
449
464
478
$75,000
500
518
536
555
574
593
613
633
653
674
695
717
$100,000
667
691
715
740
765
791
817
844
871
899
927
956
$125,000
833
863
894
925
956
988
1201
1055
1089
1124
1159
1195
$150,000
1000
1036
1072
1110
1147
1186
1226
1266
1307
1348
1391
1433
$175,000
1167
1209
1251
1294
1339
1384
1430
1477
1524
1573
1622
1672
$200,000
1334
1381
1430
1479
1530
1582
1634
1688
1742
1798
1854
1911
$225,000
1500
1554
1608
1664
1721
1779
1838
1899
1960
2022
2086
2150
$250,000
1667
1726
1787
1849
1912
1977
2043
2110
2178
2247
2318
2389
$275,000
1834
1899
1966
2034
2104
2175
2247
2321
2396
2472
2549
2628
$300,000
2000
2072
2145
2219
2295
2372
2451
2532
2613
2696
2781
2867
$325,000
2167
2244
2323
2404
2486
2570
2656
2743
2831
2921
3013
3106
$350,000
2334
2417
2502
2589
2677
2768
2860
2953
3049
3146
3245
3345
$375,000
2500
2590
2681
2774
2869
2965
3064
3164
3267
3371
3476
3584
$400,000
2667
2762
2860
2959
3060
3163
3268
3375
3484
3595
3708
3823
$425,000
2834
2935
3038
3144
3251
3361
3473
3586
3702
3820
3940
4062
$450,000
3001
3108
3217
3329
3442
3559
3677
3797
3920
4045
4172
4300
$475,000
3167
3280
3396
3514
3634
3756
3881
4008
4138
4269
4403
4539
$500,000
3334
3453
3574
3698
3825
3954
4085
4219
4356
4494
4635
4778
$525,000
3501
3626
3753
3883
4016
4152
4290
4430
4573
4719
4867
5017
$550,000
3667
3798
3932
4068
4207
4349
4494
4641
4791
4944
5099
5256
$575,000
3834
3971
4111
4253
4399
4547
4698
4852
5009
5168
5330
5495
$600,000
4001
4143
4289
4438
4590
4745
4903
5063
5227
5393
5562
5734
$625,000
4167
4316
4468
4623
4781
4942
5107
5274
5444
5618
5794
5873
$650,000
4334
4489
4647
4808
4972
5140
5311
5485
5662
5842
6026
6212
$675,000
4501
4661
4825
4993
5164
5338
5515
5696
5880
6067
6257
6451
$700,000
4668
4834
5004
5178
5355
5536
5720
5907
6098
6292
6489
6690
$725,000
4834
5007
5183
5363
5546
5733
5924
6118
6316
6517
6721
6928
$750,000
5001
5179
5362
5548
5737
5931
6128
6329
6533
6741
6953
7167
15 Year Payment Schedule
15 YEAR
AGENCY TERMS S E L L E R ’ S A G E N T/ L I S T I N G A G E N T A seller’s 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, seller or both parties 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.
C O M M O N R E A L E S TAT E T E R M S A P P R A I S E R The person who decides the market value of a home based on its condition and the selling prices of comparable homes recently sold in the area. His or her job is to compute a fair estimate of market value to help the lender determine a reasonable loan amount. A S S E S S O R A public official who appraises property for tax purposes, determining the assessed value, not the tax rate. C L O S I N G The conclusion of a real estate transaction, which includes delivery of a deed, financial adjustments, signing of notes and disbursement of funds necessary to the sale or loan. C O N T I N G E N C Y A condition that must be met before a contract is binding. For example, the sale of a home might be contingent upon the seller paying for certain repairs, resulting from buyer’s inspection. C O N V E N T I O N A L L O A N A loan made with real estate as security and not involving government participation in the form of insuring (FHA) or guaranteeing (VA) the loan. F I X E D - R A T E L O A N A loan with the same rate of interest for the life of the loan. H O M E O W N E R ’ S P O L I C Y A multiple-peril insurance policy commonly called a package policy. Available to owners of private homes, it covers the dwelling and contents in case of theft, fire, or wind damage, as well as liability for property damage and personal liability. I N T E R E S T R A T E C A P The maximum interest rate charge allowed on an adjustable-rate loan for any one adjustment period during the life of the loan. O P E N M O R T G A G E A mortgage that may be repaid in full at any time over the life of the loan without a prepayment penalty. P O I N T A point is a dollar amount paid to a lender for making a loan, each point being equal to one percent of the loan amount, also called a discount point. R E A LT O R A member of the National Association of Realtors® who subscribes to a strict code of ethics. T I T L E Documentary evidence of the right to or ownership of property, which in real estate is the deed. Title may be acquired through purchase, inheritance, gift or exchange, as well as through foreclosure of a mortgage.
1. 2. 3.
<Movoing Checklist
4. 5. 6. 7. 8. 9.
10. 11. 12. 13. 14. 15. 16.
Call security/alarm monitoring company to have the system transferred to your name as of the date of closing. Call your cellular phone service company to have your plan(s) changed and moved to Colorado. Submit your change of address form(s) to the Post Office for mail and magazines, or visit www.usps.gov/moversnet to obtain a change of address form & information. Notify your financial institution of your move. Order new checks from your bank. Arrange for moving assistance. Notify your employer(s) of your change of address. Notify your creditors of your change of address and phone number. If you are moving from out-of-state, get a VIN verification from the State Patrol and your automobile emissions test completed. Colorado requires this test before you can get your license plates. If you are moving to a different county within Colorado, notify the State and possibly get new license plates. Update your driver’s license or get a new one if moving from another state. Register your automobiles with the State in the county where you will be residing. Transfer your policy or make arrangements for new auto insurance. Register to vote. Register your kids at their new schools or submit a change of address with their school. Make arrangements to have your entire family's medical and dental files transferred to your new doctors. Arrange for home insurance at least two weeks prior to closing.
LAND BASED PHONE AT&T Century Link Vonage Comcast GAS AND ELECTRIC Xcel Energy Adams County: United Power Douglas County: IREA (electric) Black Hills Energy (gas) Jefferson/Park County: IREA (electric) Colorado Natural Gas
www.att.com/move www.centurylink.com www.vonage.com www.comcast.com
1-800-MOVE-ATT 1-800-475-7526 1-800-968-8720 303-930-2000
www.xcelenergy.com
1-800-481-4700
www.unitedpower.com
303-637-1300
www.intermountain-rea.com www.blackhillsenergy.com
303-688-3100 1-888-890-5554
www.intermountain-rea.com www.coloradonaturalgas.com
303-688-3100 800-720-8193
TRASH (Not necessary in Denver County; suburb areas must contact independent contractor of choice.) Allied Waste www.disposal.com/Denver 303-287-8043 Waste Management www.wastemanagement.com 303-730-8353 BFI Residential Waste 303-287-8043 Eagle Waste Services www.eaglewasteservices.com 303-761-8387 Mountain View Waste Systems www.mountainviewwaste.com 303-838-0560 WATER/SEWER - Automatically transferred at time of closing by the title company.
CABLE AND INTERNET Comcast Cable/Internet Century Link
www.comcast.com/move www.centurylink.com
303-930-2000 1-800-475-7526
SATELLITE Direct TV DISH Network
www.directv.com www.dishnetwork.com
1-800-494-4388 or 1-888-777-2454 1-888-284-7116 or 1-888-825-2557
NEWSPAPERS The Denver Post Canyon Courier High Timber Times Clear Creek Courant Columbine Courier The Flume
www.post-newscustomercare.com www.canyoncourier.com www.hightimbertimes.com www.clearcreekcourant.com www.columbinecourier.com www.theflume.com
303-832-3232 303-350-1030 303-350-1030 303-350-1030 303-350-1030 303-838-4423
Geoff
720-933-6842 303-346-6683 303-946-9394
MOVING COMPANIES Grassroots Moving Checkmate Moving & Storage Bill Robert
MOVING TOOLS State Farm’s Move Tools iPad App (Free): http://itunes.apple.com/us/app/state-farm-movetools/id413727217 DRIVER’S LICENSE OFFICES Arapahoe County Aurora Broomfield Denver Golden Lakewood Littleton Parker
www.revenue.state.co.us (Click on “Driver’s License” link) 5334 S. Prince St, Littleton 303-795-5954 14391 E. 4th Ave. 303-344-8400 5139 W. 120th Ave. #G-8 720-887-8396 1865 W. Mississippi Ave. #C 303-937-9507 16950 W. Colfax Ave., Suite 104 720-497-1182 1881 Pierce St. 303-205-5609 311 E. County Line Rd. 303-795-5954 17737 Cottonwood Dr. 303-627-0985
EMISSIONS TESTING LOCATIONS
www.aircarecolorado.com
MOTOR VEHICLE Adams County Arapahoe County Clear Creek County Denver City & County Douglas County Jefferson County Park County ELECTION COMMISSION
www.colorado.gov/dmv (Click on “Titles and Registration” link) 303-654-6010 For Aurora, Brighton, Commerce City and Westminster Locations 303-795-4500 For Littleton, Aurora and Englewood Locations 303-679-2336 For the Georgetown Location 720-865-4600 For the Denver Area Locations 303-660-7440 For Castle Rock, Highlands Ranch and Parker Locations 303-271-8100 For Arvada, Evergreen, Golden, Lakewood and Littleton Locations 303-861-0732 For Bailey and Fairplay Locations www.govotecolorado.com
FAQ How will you tell me about the newest homes available? The REColorado.com website provides real-time information for every home on the market. I constantly check the searches myself so I can be on the lookout for my clients. I will set you up with an automatic drip so you will receive listings as I do. Will you inform me of homes from all real estate companies or only Keller Williams Realty? I will keep you informed of all homes. I want to help you find your dream home, which means I need to stay on top of every home that's available on the market. For-Sale-By-Owner (FSBO) homes are not as easily discovered, but I do check several lists periodically for homes that may suit my clients. Can you help me find new construction homes? Yes, I can work with most builders and get you the information you need to make a decision. On your first visit with the builder, I will accompany you. By using my services with a new construction home purchase, you will receive the services I offer, as well as those provided by the builder, at no additional cost. How does for sale by owner (FSBO) work? Homeowners trying to sell their home without agent representation are usually doing so in the hopes of saving the commission. If you see a FSBO and want the advantages of my services, let me contact the owner for you and make an appointment. Most times the homeowner will work with an agent even though their home is not listed, since the agent is introducing a potential buyer to their property. Can we go back through our property again once an offer is made but before possession? Usually we can notify the seller and schedule a convenient time to visit the property again. Immediately before the closing, we will schedule a final walk-through and inspection of your new home. Once my offer is accepted, what should I do? Celebrate and focus on moving into your new home! You will want to schedule your move, pack items and notify businesses of your address change. The moving checklist in this guide will help you remember all the details. I will also give you a closing statement about a week prior to closing, which will indicate the amount you will need to bring to closing.
NOTES
Brandie Sciacca 303-818-3807 sciaccab@gmail.com coloradohouse2hometeam
in/coloradohouse2home
ColoradoHouse2Home.com
DELIVERING QUALITY RESULTS ONE HOME AT A TIME. All information deemed reliable but not guaranteed and should be independently veriďŹ ed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Keller Williams Realty Success, LLC shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.