“To achieve success, you need to listen to your clients, pay close attention to detail and work in a fair, honest and thoughtful manner. You can never give up in this business, and during challenging times, perseverance is critical.”
JINNOHN GILMORE
More than 40 Years of Distinguished Real Estate Service:
Licensed in 1982, Jinnohn has been a Kentwood agent since 1988. As a member of the Denver Metro Association of Realtors, she serves the diverse needs of clients throughout the Denver area and is knowledgeable in all segments of the real estate market including single family, condominiums, luxury homes, new construction and investment properties.
She is known for her superior listening skills, innovative marketing tactics and extensive market knowledge, and has garnered numerous awards for outstanding sales production.
Jinnohn's achievements are based on developing relationships. While she is passionate about utilizing the latest technology, she always falls back on her personal "tools" - attention to detail, honesty and perseverance. Even after all these years.....she still loves being a Realtor!
In her free time, Jinnohn enjoys running, reading, hiking, and traveling. She has successfully completed over 30 full marathons - you can assume she knows a little something about dedication, perseverance and toughness. She is a fourth generation native Coloradan and is fortunate to have a large, active and fun family, all of whom live nearby.
A trusted brand
Kentwood Real Estate
Kentwood Real Estate is an elite team of REALTORS® whose exceptional service, local expertise and deep community roots create a market advantage for clients.
From the beginning, Kentwood was built on the foundation of broker excellence. Only the most professional, ethical and knowledgeable topproducing brokers are selected to be affiliated with our esteemed brand.
Kentwood Real Estate is the exclusive Colorado affiliate of Berkshire Hathaway’s HomeServices of America. In 2016, the organizations aligned given our shared core values of trust, integrity, stability and longevity. HomeServices companies are independent brands under the Berkshire Hathaway umbrella, not franchises. We are owned and operated as a collective of the top real estate brands in the country, yet managed locally to maintain our independence of brand, community roots and deep local knowledge.
Kentwood is a member of Luxury Portfolio International® and Leading Real Estate Companies of the World®, the largest global network of premier locally branded companies, dominated by many of the world’s top-tier independent brokerages. The LeadingRE network spans more than 70 countries and includes 135,000 real estate professionals selling more property than any of the large national brands. We are also members of Who’s Who in Luxury Real Estate, a compendium of the finest residential real estate firms from around the world from local boutique brokerages to large international brands.
Active and respected in the industry, Kentwood Real Estate has a significant number of brokers serving on committees and Boards of Directors at local, state and national real estate associations including the Denver Metro Association of REALTORS®, Loveland-Berthoud Association of REALTORS®, Fort Collins Association of REALTORS®, Colorado Association of REALTORS®, and the National Association of REALTORS®.
At our core, Kentwood is built on the foundation of supporting our local community. The company and brokers are passionate in our commitment to supporting organizations that aid those in need, such as HomeAid Colorado, which supports non-profits that create housing solutions and ancillary support for the homeless. Kentwood brokers additionally volunteer and support over 170 local, national and international non-profit organizations.
Our brokers hold themselves to the highest standards in the real estate industry and remain committed to helping their clients, and each other, successfully reach their goals. Kentwood brokers are family and, as soon as you work with one, so are you.
ethical
We affiliate with the top brokers in the marketplace and hold ourselves to the highest standards. Our values are worn on our sleeves to prove to our customers that we are there for them, and that we’ll always strive for an ethical solution.
professional
We have never cut corners and we never will. No matter the size or scope of our clients’ needs, we provide first class service to all. When you walk through our doors you are valued – we are offering our trust. Our brokers are committed to helping our clients, and each other, successfully reach their goals. Kentwood brokers are family and, as soon as you work with one, so are you.
local
We are nimble because we are part of the community, Colorado is our home. We believe in our communities and our hearts belong here. Our brand is local and will stay that way, but we’re able to bring the world to Colorado when we need to.
quality
We are leaders, and guarantee a personal touch to every client – this is our passion. We adapt and bend to challenges, are problem solvers and dream makers. Through our affiliation with HomeServices of America, we have the backing of one of the most trusted brands in the world—Berkshire Hathaway.
expert
We are able to offer our superior service because we are all at the top of our craft. We are knowledgeable, prestigious, and offer a full-service product – we are quality, not quantity, here to help our community. Luxury is in the eye of the beholder, and we are experts at luxury, locally and globally.
Kentwood Offices
CHERRY CREEK
Our Cherry Creek office is found in the heart of a stimulating cosmopolitan community. We specialize in Central Denver neighborhoods known for their vibrant culture, accessible lifestyle and diverse architecture, and are well-seasoned professionals with in-depth knowledge of all areas of the Denver Metropolis.
CITY PROPERTIES
Our City Properties office conveniently located directly across the street from Denver Union Station, provides access to our city’s most desired neighborhoods. From LoDo to Wash Park, Country Club, the foothills and more, we are Colorado’s premier source for “city and city-close” Denver real estate.
DENVER TECH CENTER
Our premier location in the Denver Tech Center enables Kentwood’s leading brokers to serve clients in the vibrant southern sector of metro Denver in grand fashion. From Cherry Hills to Greenwood Village to Castle Pines and points in between, it’s an area characterized by unique communities and extraordinary amenities.
NORTHERN PROPERTIES
Our Northern Properties office services all of Northern Colorado; from just north of Denver to the Wyoming border, an area characterized by a thriving economy, educated workforce, and recreational opportunities. Our Kentwood brokers provide you with the best real estate service you can find.
BOULDER VALLEY
Kentwood Boulder Valley, our newest office, launched in early 2023 providing full service to the Boulder Valley and surrounding communities. With an experienced group of Boulder focused brokers, Kentwood Boulder Valley is the exciting next step for Kentwood clients.
A Quick Guide to Agency Terms
SELLER’S AGENT
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 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, fully informing the parties, presenting all offers and assisting the parties with contracts without advising, 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, but Colorado’s Real Estate Commission encourages one.
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. The broker must treat a customer to a transaction with honesty and fair dealing.
A Broker’s Responsibilities
Your Kentwood Broker will provide the luxury of personalized service and take care of it all, from specialized market knowledge to negotiating and closing your transaction. If you’re working with a Seller’s Agent, you can expect the list below to be the minimum level of service to you.
EXPERT GUIDANCE
Frame a property search around what’s most important to you
Recommend lenders for pre-approval to help determine a realistic price range, strengthen your offer and lead to a faster closing
Search MLS in real time to find new properties that match your criteria
Preview properties, schedule appointments and accompany you to showings
Analyze comparable property values and advise you on current market conditions
Structure and prepare your offer, review disclosures and laws and deliver the contract
Negotiate skillfully on your behalf from offer to inspection and promote clear and frequent communication among all parties
Review title commitment, recommend home inspectors, facilitate lender approval and insurance coverage, and recommend attorneys or tax professionals as needed
Accompany you on your final walk-through
Attend your closing to help answer any questions
RESPONSIVENESS
Act in good faith at all times
Adhere to your instructions
Return calls, texts and emails promptly
Closely track dates and deadlines
ACCOUNTING
Receive and remit earnest money deposits
Receive and deliver all documents in a timely manner
Review final settlement statements
LOYALTY
Place your interests above all others
Keep your personal information strictly confidential
Ensure that all parties to the transaction are fully informed about any material facts that may affect the transaction
JINNOHN.COM
Great resource for relocation information, schools, neighborhoods, etc.!
REALTOR.COM
Download the free app on your cell phone
HOMESNAP
Download the free app on your cell phone
Things You’ll Need To Do
COMPLETE YOUR LOAN APPLICATION WITH YOUR CHOSEN LENDER
Submit documents requested by lender.
Obtain a pre-qualification letter from your lender prior to making offers
Pay fees for credit report and appraisal – approximately $600 to $900. This happens after you’ve found a property and have a secure contract to purchase it.
Decide if you want to “lock in” your interest rate and fees or delay in hopes of a better rate
SELECT INSPECTORS FOR THE PROPERTY
General Inspector and/or engineer, depending on the condition of the property
Sewer line inspection.
Perform a radon test.
Cost to range between $500 to $1,000 depending on the size of the house
Identify inspection issues found during the inspection and present requests to Seller (Per Inspection Deadlines in the contract)
CHOOSE AN INSURANCE COMPANY
This insurance will cover both the structure and contents.
Give consideration to your own special insurance needs for coverage of items such as jewelry, computers, collectibles etc.
BEGIN SCHEDULING YOUR MOVERS
Give your moving company as much advance notice as possible so that you can get the dates you want. Note that the busiest times are at the end of each month.
CALL UTILITY COMPANIES
Gas Service
Electrical Service
Water and Sewer will be handled by your closing agent.
Trash Pick Up – If it is not provided in your area through a neighborhood association. Note that the City of Denver provides trash pick-up.
Internet, Cable or Satellite Service Burglar Alarm Company (if applicable)
WALK THROUGH PROPERTY PRIOR TO CLOSING
I will assist in arranging a final viewing of the house within 48 hours prior to closing
DAY OF CLOSING
You will need a cashier’s check or wired funds for closing
CALL LOCKSMITH
You may wish to consider having all of the locks re-keyed after you move in
About Your Offer
The written offer you submit to a seller becomes a binding sales contract if the owner accepts it.
Your Kentwood broker will ensure that your offer is complete and serves your best interests.
YOUR OFFER INCLUDES
Address and legal description of the property
Price you are offering to pay for the property
Terms such as “all cash” or “subject to you obtaining a mortgage for a given amount”
Anticipated closing date when title will be transferred
Earnest money accompanying the offer and cash-at-closing balance required, as well as the form it is in, i.e. check or promissory note
Contract provisions stating which party is responsible for the title insurance, survey, property inspections and similar expenses
Type of deed to be conveyed
Other requirements specific to your sale. These might include special inspections, tax advice, or occasionally, attorney review, disclosure of specific environmental hazards, or other statespecific requirements
A provision that the buyer may make a lastminute walk-through inspection of the property just before closing
A time limit after which the offer will expire
Contingencies that state the sale will only go through if certain conditions are met
Common contract contingencies include the buyer obtaining specific financing from a lending institution, a satisfactory report by a home inspector, and an appraisal for at least the value of the contracted price
EARNEST MONEY DEPOSIT
At the time your offer is accepted, you will be required to provide a check or wire transfer for your earnest money deposit. Your funds will be deposited and remain in the possession of the Title Company or Listing Brokerage until closing. This amount represents your intent to purchase the property and is credited to you as partial down payment. The amount of the earnest money is negotiable, but the Seller and Listing Broker will state their desired amount.
Your earnest money deposit will be returned in the event you terminate the contract for any of the reasons permitted in the contract, as long as your objection notice to terminate is timely delivered.
Lenders
Prosperity Home Mortgage, LLC
MICHAEL TAPP: 720.937.0452
Michael.Tapp@PHMLoans.com
DAN DEXTER: 303.520.5626 Dan.Dexter@PHMLoans.com
ANDREA BROST: 720.369.4027 AndreaBrost@PHMLoans.com
MegaStar Financial Corp.
PAMELA TODD: 303.517.1104
PTodd@MegaStarFinancial.com
1080 Cherokee Street Denver, CO 80204 720.891.1267
6021 South Syracuse Street, Suite 104 Greenwood Village, CO 80111
Inspectors
Home Systems Data
BRIAN JONES - General
DAVID GEISEN - General
DAVID GRAVES - General + Stucco
STEVE BUSEY - General
303.773.6102
HSDI.us
Call2Inspect
DAVE , MIKE , OR JASON
303.730.7233
Call2Inspect.net
Home Inspection Engineers
STRUCTURAL ENGINEERS AND GENERAL INSPECTION
303.279.4663
HIE-CE.com
Davis Engineering
ROB DAVIS
303.229.1234
RobDavis@DavisEngConsultants.com
Ryan Hardesty
STRUCTURAL ENGINEER
303.825.0777
Ryan@HardestyConsulting.com
CTL Thompson Engineers
STRUCTURAL ENGINEERS
SOILS REPORTS
MOLD INSPECTIONS
303.825.0777
Specialty Inspections
Mold Inspector/Remediation
ALL CLEAN RESTORATION
Doug Novotny
720.495.1397
BUILD SAFE ENVIRO
Mold and Environmental Testing
720.598.0600
Stucco Inspections
HOME SYSTEMS DATA
David Graves
303.773.6102
ESEC – RON HUFFMAN
303.840.1630
Sewer Line Inspections
PIPE SPIES
Warren Rickford
303.795.3630
HYDRO PHYSICS
303.806.0622
MAINLINE SEWER INSPECTIONS
303.596.5803
Surveys
R.E. PORT & ASSOCIATES
303.420.4788
COLORADO ENGINEERING & SURVEYING, INC
Ron Flanagan
303.761.8055
Attorneys
Jim Soran
REAL ESTATE
5445 DTC Parkway, Suite 800 Greenwood Village, CO 80111
303.773.8100
Fennemore Law
REAL ESTATE
MERC PITTINOS AT DTC
303.813.3854
MPittinos@FennemoreLaw.com
Laff Bennett Logan PC
JOHN LOGAN | REAL ESTATE
3200 E Cherry Creek S Drive Suite 200 Denver, CO 80209
303.740.7200
Patrick Plank
WILLS | ESTATE | PROBATE
26 West Dry Creek Circle, Suite 420 Littleton, CO 80120
PMPlank@DenverWills.com
303.794.5901
Frigo Joe
LAURIE JOE | FAMILY LAW
303.771.2222 Laurie@FJLaw.com
The Law Center P.C.
ROBERT WAREHAM + JASON WAREHAM
FAMILY LAW | BUSINESS | CRIMINAL
300 West Plaza, Suite 310 Highlands Ranch, CO 80129
TheLawCenterPC.com
303.991.5280
Information Every Buyer Should Know
As the buyer, you may be responsible for the following expenses associated with the purchase of your home:
PROPERTY INSPECTION
LEAD PAINT INSPECTION
$200 - $600 (Can vary depending upon square footage of property and number of inclusions)
$250 - $300 (If applicable)
HOMEOWNER’S INSURANCE Varies
TITLE COMPANY REAL ESTATE CLOSING FEE
DOC FEE (STATE TAX STAMPS)
PROPERTY TAXES
RECORDING FEE
KENTWOOD FLAT RATE COMMISSION
$320 - $400
$1 per $1,000 of sale price
Will be a credit to you for the portion of the year that the seller owned the property
$13 first page: $5 each additional page
$295 per transaction
SETTLEMENT COSTS ASSOCIATED WITH YOUR LENDER:
LOAN ORIGINATION FEE PROCESSING
LOAN CLOSING FEE TO TITLE COMPANY
PRIVATE MORTGAGE INSURANCE (PMI)
APPRAISAL FEE
DOCUMENT PREPARATION
FLOOD CERTIFICATION FEE
LENDER’S TITLE INSURANCE POLICY
CREDIT REPORT
TAX CERTIFICATION
TAX SERVICE FEE
PRE-PAIDS:
HAZARD INSURANCE
RESERVE FUND FOR TAX ESCROW
PRE-PAID INTEREST
HAZARD INSURANCE ESCROW
$1000 - $1,500
$400 - $475
Required if loan amount is more than 80% of purchase price (discuss with lender)
$550 - $750 depending on the price of the home
$50 - $300
$11 - $20
$300 and up (depends on loan amount)
$ 20 - $45
$25
$75 - $100
Premium for one year
2 to 8 months prepaid real estate taxes (may also receive an offsetting credit from seller)
Interest on loan from closing date to end of month
Typically 2 months
Cybersecurity
In today’s digital world, cybersecurity is a top priority. Kentwood brokers understand these threats and know how to keep your money and personal information both safe and secure.
HERE’S HOW WE DO IT
Email – through multi-factor authentication, all Kentwood provided email accounts use an enterprise email system with multiple layers of security.
HomeServices of America – Kentwood Real Estate is backed by HomeServices of America and Berkshire Hathaway. With over $600 billion in assets, we have the resources to give you industry leading security. Kentwood has successfully connected all 4 offices to an off-site SOC (Security Operations Center) for professional and real time 24/7/365 monitoring of our internal network and data to help prevent any unauthorized access or cyber-attacks.
Neighborhood Reference Guide
NEIGHBORHOOD NORTH SOUTH EAST WEST
ALAMO PLACITA 6th Ave Speer Blvd Downing St Pennsylvania Ave
BAKER 6th Ave Mississippi Ave Broadway S Platte River Dr
BALL PARK 30th St 15th St/18th St Lawrence/Welton S Platte River
BELCARO Cherry Creek Dr S Mississippi Ave Colorado Blvd S Steele St
BELMAR Alameda Ave Virginia Ave Ouray St Wadsworth Blvd
BERKELEY 52nd Ave 46th Ave Federal Blvd Sheridan Blvd
BONNIE BRAE Exposition Ave Mississippi Ave S Steele St University Blvd
BYERS Speer Blvd Alameda Ave Downing St Broadway
CAPITOL HILL Colfax Ave 7th Ave Downing St Broadway
CASTLE PINES NORTH Grigs Road Country Club I-25 Daniels Park Road
CASTLE PINES VILLAGE Country Club Pkwy Santa Fe Drive I-25 Daniels Park Road
CENTRAL PARK I-70 Montview Blvd Havana St Quebec St
CHAFFEE PARK 50th Ave 38th Ave Inca St Tejon St
CHEESMAN PARK Colfax Ave 6th Ave York St Downing St
CHERRY CREEK NORTH 6th Ave 1st Ave Colorado Blvd University Blvd
CHERRY CREEK SOUTH 1st Ave Cherry Creek Dr S Colorado Blvd University Blvd
CHERRY HILLS Hampden Ave Belleview Ave Monaco Pkwy Clarkson St
CITY PARK 23rd Ave Colfax Ave Colorado Blvd York St
CITY PARK WEST 23rd Ave Colfax Ave York St Downing St
CONGRESS PARK Colfax Ave 6th Ave Colorado Blvd York St
CORY-MERRILL Mississippi Ave I-25 Colorado Blvd University Blvd
COUNTRY CLUB 8th Ave Alameda Ave University Blvd Downing St
CRESTMOOR 6th Ave Alameda/1st Ave Monaco Pkwy Holly St
CURTIS PARK Brighton Blvd/Blake St Welton St Downing St 20th St
DOWNTOWN Larimer/Park Ave Colfax Ave Broadway Lawrence St/Speer Blvd
FIVE POINTS 38th Ave 20th Ave/Colfax Downing St S Platte River D
GLENMOOR Glenmoor Dr Belleview Ave Glenmoor Dr Glenmoor Cir
GOLDEN TRIANGLE Colfax Ave Speer Blvd Lincoln St Speer Blvd
GREEN OAKS Green Oaks Dr Orchard Rd University Blvd Clarkson St
GREENWOOD VILLAGE - EAST Belleview Ave Orchard Rd Dayton St I-25
GREENWOOD VILLAGE - WEST Belleview Ave Orchard Rd I-25 Clarkson St
HALE MAYFAIR Colfax Ave 6th Ave Holly St Ash St
HERITAGE HILLS C-470 Lincoln Ave I-25 S Yosemite St
HIGHLANDS - POTTER 38th Ave Speer Blvd S Platte River Dr Federal Blvd
HIGHLANDS - WEST 38th Ave 29th Ave Federal Blvd Sheridan Blvd
HILLTOP 8th Ave Alameda Ave Monaco Colorado Blvd
JEFFERSON PARK Speer Blvd Colfax Ave S Platte River Dr Federal Blvd
LODO/RIVERFRONT Park Ave/Platte St Lawrence St S Platte River Dr/20th St Speer Blvd
WILLOW CREEK Dry Creek Rd County Line Rd Yosemite St Quebec St
What is Wire Fraud?
Wire fraud is committed in order to defraud another person out of money or something else of value and is on the rise due to the high use of email and the internet for transactional and banking services.
Stay aware of your communications and double check all email addresses you’re communicating with. Before responding to emails that seem a little off, have grammatical errors, or a false sense of urgency, double check the email address closely.
Use a reputable title company and either visit the title company in person or call the number listed on their website, do not use a phone number at the end of an email signature. When you’re ready for closing, you can physically bring a cashier’s check into the title company or call the title company’s main line to clarify you have the correct wiring instructions.
Understand your Realtor’s means of communication. Your Realtor® will not suddenly begin to contact you in a new and different manner. The email address will not change toward the end of a transaction.
On the day of the wire transfer, don’t hesitate to pick up the phone and call the recipient to verify wiring instructions. Use the phone number you’ve been using throughout the process or call the title company or lender’s main line. Don’t use a phone number at the end of an email. Do not react to a suddenly urgent request – this is a red flag for fraud.
Always use strong passwords and ensure your agent is doing the same. It wouldn’t hurt to change your password a few times throughout the transaction, or before a wire is sent. Finally, request your agent use a company email account, and not a free service such as Gmail, Yahoo! or Hotmail.
Denver Neighborhoods
SCAN TO LEARN MORE ABOUT EACH DENVER
Helpful Phone Numbers
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 or 30 years.
HAZARD INSURANCE
An insurance policy that protects you from financial losses on your property that result from fire or other hazards.
PROPERTY TAXES
Taxes paid to a local government, usually a percentage of your property value, based on the mill 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.
PRIVATE MORTGAGE INSURANCE (PMI)
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.
Mortgage Application Checklist
After your loan officer reviews your application, additional information may be required
Copy of signed sales contract with all addenda and amendments attached
Your address for the past two years
The name and address of your employer for the past two years
Social Security numbers for all applicants
W2 forms for the past two years
Copies of pay stubs for the most recent 30-day period
Copies of statements for 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 K1s, for all companies in which the applicant has ownership interest
Copy of canceled earnest money check, both sides, or confirmation that a wire was deposited
Name, address, and phone number of current landlord, if applicable
Schedule of real estate
You also may be asked for information on VA loans, Certificate of Eligibility or DD-214, pending lawsuits, former bankruptcies or foreclosures, rental leases, and divorce decrees outlining child support or alimony
Name and number of the insurance agent you will be using for your homeowners insurance
Kentwood’s In-House Services
HOMESERVICES INSURANCE
Whether you are buying a home or shopping for a new insurance agent, HomeServices Insurance is here to help. As the in-house insurance agency for Kentwood Real Estate, we are able to work directly with your real estate agent and other representatives to ensure a smooth, on-time closing. Our history gives us a deep understanding of the individual insurance needs of a wide range of clients. Our insurance consultants collaborate with clients to change their plan as their life changes.
PROSPERITY HOME MORTGAGE
Prosperity Home Mortgage, LLC, is a full service mortgage banker specializing in residential and refinance loans, offering superior mortgage services to Kentwood clients. We offer a wide range of mortgage products and we have built a strong reputation for extraordinary service and professionalism. From application to closing, we pride ourselves on delivering a positive home financing experience every step of the way.
AMERICAN HOME SHIELD
As the founder and leader of the home warranty industry for more than 50 years, American Home Shield is dedicated to providing world-class service and a focus on taking the hassle out of homeownership. American Home Shield provide plans that cover parts of home appliances and systems when they wear out, no matter their age. AHS also helps with the issues that home insurance doesn’t to keep their homes running smoothly.
Kentwood’s In-House Services
KENTWOOD COMMERCIAL
This boutique commercial brokerage combines the exceptional local brand and referral network of Kentwood with the national strength and financial support of Berkshire Hathaway. The company has the ability to nimbly handle the range of large institutional and smaller entrepreneurial clients with the highest level of skill, responsiveness and experience in the industry. Locally operated, with some of the most experienced brokers in the industry together with a strong and experienced support staff, Kentwood Commercial assists with every facet of each sale or lease. The offices of Kentwood Commercial are conveniently located in Downtown Denver, Cherry Creek, and the Denver Tech Center.
DENVER RENTAL
The professional property managers and leasing agents at Denver Rental will assist you with maximizing your profits and minimizing your expenses. They accomplish this by reviewing rental rates to ensure that you are always getting high rents, and reviewing and approving each expense item to ensure you are always getting low contractor rates.
RELOCATION
Kentwood’s Relocation Department looks after the complete relocation needs of people moving to and from Denver. The Kentwood Relocation team is carefully trained in all aspects of individual, family, and corporate moves. We concentrate on the individual needs of each client to ensure that they find the right location and are happily settled into their new home. Kentwood’s corporate clients range in size from a handful of employees to major moves of several hundred transferees. Kentwood Real Estate provides the expert service and support to assist Denver’s corporations and their people as they change, grow and prosper.
Home Buyers Navigate a Complex Process
The steps below will help you understand what your Kentwood real estate broker will do to assist and advise you every step of the way.
1. Agency. Buyers’ Agents have a fiduciary duty to represent you as your advocate. Transaction Brokers have a duty of good faith but must remain a neutral party with a focus on completing the transaction honestly and fairly. Buyer Agents must keep your personal information and motivation strictly confidential.
2. Broker Duties. Review the Buyer Agency agreement which outlines the duties your broker must perform, your rights and how your broker will be paid. This agreement is a required document by the Colorado Real Estate Commission prior to beginning your home search.
3. Assess Your Needs. Your broker will conduct an intake call or meeting to discuss the search parameters you outline, your goals and priorities and your buying time frame. This will include location, price, size, special needs and more.
4. Market Overview. You will receive information about current market conditions specific to the area and type of home you have identified.
5. Lender Referral. If you need to work with a lender, your broker can make referrals to lenders that past clients have successfully used. The lender will discuss your source of funds for the down payment and closing costs and will provide you with a good faith estimate. Prosperity Home Mortgage is a good place to start.
6. Online Search Portals. Ask your broker which websites provide the most comprehensive and up to date information if you want to look online. www. kentwood.com is a great place to start.
7. MLS Search. Your broker will set up a search in the local MLS with the parameters you discussed and you will be automatically notified of potential matches as they become available.
8. Broker Networking. Your broker should commit to networking with other brokers in the area to determine if there are potential listings coming soon or off-market that fit your needs.
9. Property Previews. Your broker can personally preview properties as they come on the market ahead of showing them to you to see if they meet your criteria and could be a fit.
10. Market Update. Your broker will continually update you with insight on current market conditions and customize a home search strategy based on professional judgment and interpretation of the market.
11. Neighborhood Information. If you are interested in a certain neighborhood or community, take the time to learn all you can about that area. Search for parks, restaurants, public transportation, schools (public and private) and local government. This will help you get to know the lifestyle your new area will provide.
12. Showing Protocol. There may be showing protocols when visiting certain listings including the use of cameras, owners being home, animals, etc. Your broker will inform you of any such issues before visiting the property.
13. Scheduling Showings. Please give your broker adequate notice when you find a home you’d like to visit so he/she can schedule showings in a timely manner. Occupied houses generally require prior notice.
14. Post Showing Review. After showings you will receive insight from your broker on each property viewed. You can discuss the positive aspects, future investment potential or potential pitfalls of property condition, location or pricing.
15. Provide Showing Feedback. It is customary for showing agents to provide feedback to listing agents based on the showing experience and general interest in the property.
16. Leased Properties. If the property is occupied, the broker will help verify if the residence is a rental and if any leases are in place that would transfer with the transfer in ownership.
17. Offer Strategizing. Once you determine which property you’d like to make an offer on, you will receive recommendations for negotiation tactics. Some properties are priced to sell while others are aggressively priced. Expect to receive detailed comparable property sales from the MLS and discuss a pricing strategy. Occasionally sellers need more than the usual amount of time to move out, which could impact negotiations.
18. Contract Preparation. Contracts are drafted online for review, approval, and signatures. Plan to e-sign all documents for ease and smoothness of the transaction. Your final closing documents will be hand signed.
19. Contract Review. Discuss and review the terms of the offer in the Contract to Buy and Sell Real Estate.
20. Qualification Assistance. At this point, make sure to notify your lender that you’ve identified a potential property. Your broker will need a Lender Letter or proof of funds to present with the offer. You can also ask your lender to place a call to the Listing Agent to speak of your qualifications (without disclosing your personal financial details.)
21. Offer Negotiation. The negotiations will begin and your broker will work to obtain the best terms and conditions for you based on your articulated goals and negotiating style.
22. Transaction Advocate. Throughout the transaction, there will be communication between the brokers and/or buyer or seller to keep all parties informed of any material facts that may arise.
23. Transaction Calendar. Expect to receive an e-calendar of all performance dates within the requirements of the contract. Your broker will help you adhere to the dates and deadlines, but it is also your responsibility as the party in the contract to know the milestones you must reach.
24. Order Title. The executed contract will be provided to your lender and the title company will be notified that a contract has been ratified.
25. Earnest Money. Your earnest money deposit must be delivered on time. Your broker can guide you how and where to remit the EMD.
26. Property Disclosure Review. Plan to review property disclosures which may include the Seller Property Disclosure, Lead Based Paint Disclosure, Square Foot Disclosure, Due Diligence Documents, Mold Disclosure, Well Reports, Source of Water and more.
27. Inspector Referrals. In most Colorado real estate transactions there is an inspection contingency. Your broker can recommend the names of inspectors his or her past clients have successfully used, or you can choose an inspector you’ve found on your own.
28. General Inspections. You will discuss possible maintenance or other issues that you and your broker see upon viewing the property, including your broker’s knowledge and experience with similar types of properties and typical issues in that area of town such as radon or expansive soil.
29. Specialty Inspections. Your broker will help you research and verify city water, sewer/septic and tank systems and what inspections may be necessary to transfer these utilities.
30. Contractor Referrals. Feel free to ask your broker for referrals to other professionals as needed to complete a thorough inspection. This may include structural, radon, well, lead paint, pest and roofing inspectors. Your general home inspector may also provide recommendations for more in-depth inspections based on the initial general inspection.
31. Homeowner Insurance Referrals. Homeowners insurance should be arranged at the earliest possible opportunity once you’ve settled on a home and are under contract. Most insurers require several weeks to approve coverage and may include a physical visit to the home. Make sure you leave enough time. HomeServices Insurance is a good place to start.
32. Home Warranty Referrals. There are many home warranty programs available which cover appliances, HVAC and other areas of the home which could need repair or replacement in the future. American Home Shield is one company that provides several choices for warranty programs.
33. Inspection Review. Once your inspections are complete, you will review the inspection reports and discuss issues and your options. Your broker will provide advice and negotiating tactics regarding repair requests or credits you would like to request from the seller.
34. Inspection Objection/Resolution Negotiation. Once you decide how to approach any inspection issues, your broker will prepare the Inspection Objection document and will negotiate an acceptable resolution.
35. Inspection Resolution. The executed inspection agreement will be provided to the lender.
36. Title Commitment Review. The initial title insurance commitment will be delivered to all relevant parties. Your broker will review it with you but is not an attorney. If at any time during your transaction you would like to seek legal advice, feel free to let your broker know. It is recommended that any attorney you use is a real estate specialist. Colorado transactions are complex and attorneys without the relevant experience sometimes misadvise clients.
37. Boundaries and Easements. If the title commitment turns up property lines, boundary sharing agreements or easements that have been recorded you can request further detail for each. Sometimes there are unrecorded issues that come up over the course of a transaction and must be addressed to protect you.
38. HOA Documents. Make sure you’re in receipt of all HOA documents and plan to discuss any questions you have after you’ve reviewed them. Your broker will also verify what the homeowner association fees are and if there are pending or unpaid assessments.
39. HOA Contact. You will receive the HOA management phone number if additional questions arise.
40. Appraisal Coordination. Your lender will order an appraisal and your broker will ensure this is completed within the required time frame per the contract.
41. Survey Facilitation. Sometimes a survey is necessary. Your broker will facilitate scheduling a property survey when needed and will ensure the survey is received before the Survey Objection Deadline.
42. Mortgage and Title Coordination. Throughout the process your broker will coordinate with the mortgage company and monitor the processing of the loan. As you near your closing date, your lender and broker will work in concert with the title company to schedule the closing and make sure all documents are prepared, monies wired and the deed is ready for transfer.
43. Moving Coordination. You will receive information regarding the transfer of utilities and any moving logistics you should be aware of.
44. Coordinate Final Walk Through. Prior to closing you can conduct a final walk through and your broker will ensure the sellers have complied with agreed upon inspection repairs. This includes obtaining copies of repair bills with proof the repairs were completed. If you or your broker have any questions about the repairs, you can call the service provider and let them know your concerns.
45. Closing Coordination. Both brokers will coordinate the time and location of the closing to accommodate schedules. Colorado is typically a “table closing” state where all parties sit together to close on the property. When timing doesn’t work or one party is out of town, separate closings are arranged.
46. Closing Statement Review. A couple of days before closing you will receive the closing statement and can review it with your broker for completeness and accuracy. You will confirm that tax, HOA, utility and other applicable pro-rations and credits are correct.
47. Closing Documents. Some buyers prefer to have copies of all documents for review prior to closing. If that is the case, inform your broker ahead of time so the title company can plan to send copies early.
48. Attend Closing. Your broker will attend your closing and coordinate the exchange of keys, remotes, and contact information in case mail arrives for the other party. You will be provided copies of all documents signed throughout the transaction for your records.
49. Facilitate Possession. The brokers will facilitate the timing of the transfer of possession based on the agreement in the contract.
50. Post Closing Occupancy. If you’ve granted delayed possession (a Post Closing Occupancy) so the sellers can remain in the property past the closing, you will still receive a key to the property and information on when you can occupy the home.
We look forward to working with you and to welcoming you to your new home!
