Property Details
Maps
Local Schools
Community Utilities & Resources
Title & Escrow
The information contained is provided by WFG’s Customer Service Department to our customers, and while deemed reliable, is not guaranteed.
PROPERTY DETAILS
830 S PALOMAR DR PUEBLO CO 81007
614310062
PUEBLO COUNTY CO
Owner Information
Owner Name: HICKS KENNETH J / BOWLING LYNNETTE R
Vesting: TENANTS IN COMMON
Mail Address: 830 S PALOMAR DR PUEBLO CO 81007
Owner Status: OwnerOccupied
Location Information
Legal Desc: LOT 47 BLK 12 TR 347 PUEBLO WEST
County: PUEBLO
Census/Block: 002917 / 2006
Tsp-Rng-Sec: T20S-R66W-S14
Lot / Block: Lot: 47 Block: 12
Housing Tract: PUEBLO WEST
Last Market Sale
Date:
Alt Parcel #
School District: PUEBLO COUNTY 70
Municipality:
Parcel #: 614310062
Lender:
Sale Price: Loan:
Document #:
Doc Type:
Document #:
Loan Type:
$ Sqft: Loan Term:
Prior Sale Information
Date:
Price:
Document #:
Doc Type:
Lender:
Loan:
Document #:
Loan Type:
830 S PALOMAR DR PUEBLO CO 81007
614310062
PUEBLO COUNTY CO
Property Characteristics
Gross Area: 1830
Living Area: 1368
Above Grade: 1,830
Bedrooms: 2
Bath (F/H): 2/
Fireplace:
Garage Area:
Interior Wall
Roof Shape: GABLE/HIP Porch Type: COVERED SLAB
Foundation: Patio Type: PORCH/NO STEP
Roof Material: ASPHALT Air Cond: CENTRAL
Construction: FRAME Fixtures:
Equipment:
Parking Type: Garage Exterior Wall: Stories: 1
Units: 1 Rooms: 6 Pool: No
Basement: Quality:
Property Information Land Use: SFR
Condition:
830 S PALOMAR DR PUEBLO CO 81007
830 S PALOMAR DR PUEBLO CO 81007
MAPS
ASSESSOR MAP
This map/plat is being furnished as an aid in locating described land in relation to adjoining streets, natural boundaries and other land, and is not a survey of the land depicted. Except to the extent a policy of title insurance is expressly modified by endorsement, if any, the company does not insure dimensions, distances, location of easements, acreage or other matters shown thereon.
STREET MAP
This map/plat is being furnished as an aid in locating described land in relation to adjoining streets, natural boundaries and other land, and is not a survey of the land depicted. Except to the extent a policy of title insurance is expressly modified by endorsement, if any, the company does not insure dimensions, distances, location of easements, acreage or other matters shown thereon.
AERIAL MAP
This map/plat is being furnished as an aid in locating described land in relation to adjoining streets, natural boundaries and other land, and is not a survey of the land depicted. Except to the extent a policy of title insurance is expressly modified by endorsement, if any, the company does not insure dimensions, distances, location of easements, acreage or other matters shown thereon.
CITY BOUNDARY MAP
This map/plat is being furnished as an aid in locating described land in relation to adjoining streets, natural boundaries and other land, and is not a survey of the land depicted. Except to the extent a policy of title insurance is expressly modified by endorsement, if any, the company does not insure dimensions, distances, location of easements, acreage or other matters shown thereon.
SCHOOLS
830 S PALOMAR DR PUEBLO CO 81007
614310062
PUEBLO COUNTY CO
Pueblo County School District 70
Elementary Schools
Desert Sage Elementary School
935 South Palomar Drive PUEBLO WEST CO 81007
Grades: PK to 05
Charter School: N
Liberty Point Elementary School
Magnet School: N
386 East Hahns Peak Avenue PUEBLO WEST CO 81007
Grades: PK to 05
Charter School: N
Middle Schools
Liberty Point International School
Magnet School: N
484 South Maher Drive PUEBLO WEST CO 81007
Grades: 06 to 08
Charter School: N Magnet School: N
Sky View Middle School
1047 Camino De Bravo PUEBLO WEST CO 81007
Grades: 06 to 08
Charter School: N Magnet School: N
High Schools
Swallows Charter Academy High School
101 Civic Center Drive PUEBLO WEST CO 81007
719-647-8878
Area Desc:
Distance: 0.35 Miles
Title One: SWP
719-547-2191
Area Desc:
Distance: 1.50 Miles
Title One: SWP
719-547-3752
Area Desc:
Distance: 1.36 Miles
Title One: NO
719-547-1175
Area Desc:
Distance: 1.69 Miles
Title One: NO
719-547-1627
Area Desc:
Grades: 09 to 12 Distance: 1.20 Miles
Charter School: Y
Pueblo West High School
Magnet School: N
661 Capistrano Drive PUEBLO WEST CO 81007
Grades: 09 to 12
Charter School: N
Magnet School: N
Title One: NO
719-547-8050
Area Desc:
Distance: 1.42 Miles
Title One: NO
Your assigned school should be the first school in each category, but it is recommended you check with the district or school. The above is believed to be accurate, but is not guaranteed. Copyright © 1995-2024 CDS Marketing, Inc.
Superintendent: C.Smith
OfficialPerformanceRating
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Principal: PatrickHyatt
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Achievement: Approachingⓘ
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2022-23UnifiedImprovementPlan
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Principal: KellyJackson
2023PerformanceFrameworkResults
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Principal: JamisonWagner SchoolWebsite ServesGrades09-12
PuebloCounty70(2700):PuebloWestHighSchool(7214) 661CAPISTRANODRIVEPUEBLOWEST,CO81007
2023PerformanceFrameworkResults
OfficialPerformanceRating
Howareperformanceframeworkratingsdetermined?
Whatistheperformance framework?
PerformanceIndicatorRatings
Howdidstudentsperformondifferentpartsofthe performanceframework?
Achievement: Approachingⓘ
Postsecondary& WorkforceReadiness: Meetsⓘ
StudentswithDisabilities
Whatdoesthisratingmeanandhowdoesit comparetootherschools?
Growth: Approachingⓘ
DoesNotMeet Expectations Exceeds Expectations Meets Expectations Approaching Expectations
Howdothedifferentperformanceindicators factorintotheofficialperformancerating?
2022-23UnifiedImprovementPlan
Whereistheschoolfocusingits attention?
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COMMUNITY
CITY OF PUEBLO
111,876 POPULATION
$35,620
36.00
Pueblo is situated at the confluence of the Arkansas River and Fountain Creek, 112 miles south of the Colorado State Capitol in Denver. The area is considered semi-arid desert land, with approximately 12 inches (304.80 mm) of precipitation annually. With its location in the "Banana Belt", Pueblo tends to get less snow than the other major cities in Colorado.
SCHOOL DISTRICTS
Pueblo School District 60
Pueblo County School District 70
HOUSING
2010 Census Data
64.79% of homes owner occupied
35.21% of homes rented
POPULATION DENSITY
2000 Census Data
1,942.9 inhabitants per sq. mile
148,690 housing units at an average density of 1,989.4 per sq. mile
AGE DEMOGRAPHIC
2010 Census Data
25.1% under age 18
10.3% between ages 18 to 24
26.6% between ages 25 to 44
21.4% between ages 45 to 64
16.6% above age 65
CITY QUICK FACTS
9th most populous city in Colorado
Referred to as the “Steel City”
56.083 square miles
4,692 feet elevation
Highest Average Temperature 93.4º
Lowest Average Temperature 15.4º
By the early 1870s the city was being hailed as a beacon of development, with newspapers like the Chicago Tribune boasting of how the region's lawless reputation was giving way to orderly agriculture with triumphalist rhetoric. Pueblo's development stretched beyond agriculture. Steel emerged as a key industry very early, and in 1909 the city was considered the only steel town west of the Mississippi River.
PUEBLO COUNTY BASE MAP
830 S PALOMAR DR PUEBLO CO 81007
614310062
PUEBLO COUNTY CO
Animal - Services
Name
Markway, Dennis DVM - Markway
Harris, Kathleen DVM - Hillto
Bailey, James DVM - Doctor Ba
Ottersberg, Martin E DVM - Ve
Mc Carthy, Jenna DVM - Pet's
Banks
Credit Unions
Coffee Shops
830 S PALOMAR DR PUEBLO CO 81007 614310062 PUEBLO COUNTY CO
Coffee Shops
830 S PALOMAR DR PUEBLO CO 81007
830 S PALOMAR DR PUEBLO CO 81007 614310062
UTILITIES & RESOURCES
PUEBLO COUNTY UTILITIES
Emergency/Police/Medical/Fire 911
Poison Control (800) 222-1222 www.aapcc.org
United States Postal Service (800) 275-8777 www.usps.com
Xfinity (800) 266-2278 www.xfinity.com
Dish Network (800) 318-0572 www.dish.com
DIRECT TV (800) 531-5000 www.directtv.com
Century Link (866) 963-6665 www.centurylink.com/internet
The Pueblo Cheiftain (719) 404-2701 www.chieftain.com
Pueblo City Transit (719) 553-2722
www.pueblo.us/1759/Pueblo-Transitand-Transportation-Maps
Black Hills Energy (888) 890-5554 www.blackhillsengergy.com
San Isabel Electric (800) 279-7432
www.siea.com
City of Pueblo Water (719) 584-0250 pueblowater.org
City of Pueblo Sewer (719) 553-2898 pueblowater.org
Waste Management Garbage (719)679-6964
www.wm.com
Waste Connections (719) 591-5000 wasteconnections.com
Pueblo County School District #70 (719) 542-0220
www.district70.org
CHANGE OF ADDRESS
USPS
Below is the website if you would like to change your address online or you can visit your local post office, they will provide you with the change of address packet.
https://moversguide.usps.com
Benefits you will receive when you change your address online are:
Exclusive mover savings coupons
Safe and secure with identity verification by a simple $1.00 charge to your credit or debt card
Email confirmation at the end of registration of your change of address
* Must have valid email address and credit card to register online.
Colorado Department of Transportation
Below is the website if you would like to change your address online or have any questions.
Region 1 and Headquarters
Denver/Central Colorado 2829 W Howard Place Denver, CO 80204 (303) 759-2368
www.codot.gov
VOTER REGISTRATION
Below is the website if you would like to change your address online or you can fill out the paperwork provided and mail it back to your County Elections Office listed below.
sos.state.co.us/voter/pages/pub/home.xhtml
County Elections Office Contacts
Pueblo County
201 W 8th St, 7th Floor Pueblo, CO 81011 (719) 583-6620
MOVING CHECKLIST
UTILITIES
Electric
NW Natural Gas
Water District
Sewer District
Garbage Provider
Cable/Satellite
Fuel (Propane)
Phone Services
Internet
FINANCIAL INSTITUTIONS
Banks and Credit Unions
Credit Card Companies (including department store credit cards)
Lenders (Mortgage, Home Equity, Auto, Student Loans)
Insurance Companies (Health, Renters, Auto, Home, Medical, Dental, Disability, Life)
Retirement (Pension plans, 401K, Social Security, Veterans Affairs)
Investments (Investment Agencies and Brokers)
Online Bill Payer
Paypal
GOVERNMENT OFFICES
US Post Office
Department of Motor Vehicles (Obtain your driver’s license and change vehicle registration)
IRS
Passport Office
Veteran Affairs
Unemployment Office (If you are currently receiving unemployment benefits)
HEALTH
Physician
Pharmacies
SERVICE PROVIDERS
Childcare
Housecleaning Services
Delivery Services
Lawn Care Services
Veterinarian
Pool Service
MEMBERSHIPS
Health Clubs
Membership Clubs (AAA or similar)
Community Groups (PTA, Neighborhood Associations, Civic Clubs)
Children’s Extracurricular Activities (Dance Classes, Music Lesson, Sports Clubs)
SUBSCRIPTIONS
Newspapers
Magazine (USPS will only forward 2 months)
Movie Subscriptions (Netflix, Blockbuster, etc)
Book or Music Clubs
OTHER
Friends and Family
Employers (typically notify the Human Resources Department)
MOVING CHECKLIST
8 WEEKS BEFORE YOUR MOVE
Inventory Sheets: Create an inventory sheet of all your belongings which need to be moved
Research Moving Options: You’ll need to decide if yours is a do-it-yourself move or if you’ll be using a moving company.
Request Moving Quote: Solicit moving quotes from as many moving companies and movers as possible. There can be a large difference between rates and services within moving companies.
Discard Unnecessary Items: Moving is a great time for ridding yourself of unnecessary items. Have a yard sale or donate unnecessary items to charity.
Packing Material: Gather moving boxes and packing material for your move.
Contact Insurance Companies: You’ll need to contact your insurance agent to cancel/transfer your insurance policy.
4 WEEKS BEFORE YOUR MOVE
Start Packing: Begin packing all things destined for your new location.
Obtain Your Medical Records: Contact your doctor, physician, dentist and other medical specialists who may currently be retaining any of your family’s medical records. Obtain these records or make plans for them to be delivered to your new medical facilities if changing. Security is critical of personal records.
Note Food Inventory Levels: Check your cupboards, refrigerator and freezer. Use up as much of your perishable food as possible.
Small Engines: Service small engines for your move by extracting gas and oil from the machines. This will reduce that chance to catch fire during your move.
Protect Jewelry and Valuables: Transfer your jewelry and valuables to a safety deposit box; you don’t want them to be lost or stolen during your move.
Borrowed and Rented Items: Return items which you may have borrowed or rented. Collect items borrowed to others.
1 WEEK BEFORE YOUR MOVE
Your Change of Address: Change your address with the USPS, DMV, Financial Institutions, Utilities, Government Offices, Health Care Service Providers, Memberships, Subscriptions and Insurance Provisions.
Bank Accounts: Transfer or close bank accounts if changing banks. Make sure to have a money order for paying the moving company.
Service Automobiles: If automobiles are to be driven long distance, you’ll want to have them serviced so you have a trouble-free drive.
Cancel Services: Notify any remaining service providers (newspapers, lawn services, etc.) of your move.
Travel Items: Set aside all items you’ll need while traveling. Make sure these are not packed on the moving truck..
Contact Utility Companies: Set utility turnoff date, seek refunds and deposits and notify them of your new address.
MOVING DAY
Plan Your Itinerary: Make plans to spend the entire day at the house or at least until the movers are on their way. Someone will need to be around to make decisions. Make plans for kids and pets to be at a sitters for the day.
Review the House: Once the house is empty, check the entire house (closets, attic, basement, etc.) to ensure no items are left or no home issues exist.
Double Check With Your Mover: Ensure the mover has the new property address and all of your most recent contact information, should they have any questions during your move.
Vacate Your Home: Make sure utilities are off, doors and windows are locked and notify your real estate agent you’ve vacated the property.
Questions To Ask: Where is the garage door opener? Where are the keys to the house, mailbox and other lockable area? Did you retrieve all keys from neighbors and friends?
RESOURCE GUIDE
AIRPORT
Denver International Airport (720) 730-4359
www.flydenver.com
Pueblo Memorial Airport (719)553-2760 www.flypueblo.com
AUTO & DRIVER REGISTRATION
Department of Transportation (303) 759-2368
www.codot.gov
BUS SERVICE
Department of Transportation (719) 553-2722 www.pueblo.us/460/ Transportation
Greyhound (800) 231-2222 www.greyhound.com
CABLE TV, INTERNET, PHONE & SATELLITE
Century Link (866) 963-6665 www.centurylink.com
Dish Network (800) 318-0572 www.dish.com
DIRECT TV (800) 531-5000 www.directtv.com
XFINITY (800) 266-2278 www.xfinity.com
CITY CONTACT
Pueblo (719) 553-2359
Rye (719) 489-2011
Colorado City (719) 676-3396
Boone (719) 947-3311
COUNTY CONTACTS
Pueblo County (719)-583-6240 www.pueblo.us
EDUCATION
Pueblo City School District 60 (719) 549-7103 www.pueblod60.org
Pueblo City School District 70 (719) 542-0220 www.district70.org
ELECTRICITY
Black Hills Energy (888) 890-5554 www.blackhillsengergy.com
GARBAGE
Waste Management Garbage (719)679-6964 www.wm.com
Waste Connections (719) 591-5000 wasteconnections.com/ colorado-springs
Rocky Mountain Recycling (720) 541-9156 www.rmrscrap.com
WATER
City of Pueblo Water (719) 584-0250 pueblowater.org
HOSPITALS
Parkview Medical Center (719) 584-4000 www.parkviewmc.com
CommonSpirit St. MaryCorwin Hospital (800) 228-4039 www.mountain.commonspirit. org
NATURAL GAS
Xcel Energy (800) 895-4999 co.my.xcelenergy.com
NEWSPAPERS
The Pueblo Cheiftain (719) 404-2701 www.chieftain.com
RECREATION
Whitewater Park
George R. Williams Historic Carousel
Historic Mineral Palace Park and Rose Gardens
SEWER
City of Pueblo Sewer (719) 553-2898 pueblowater.org
TITLE & ESCROW
CYBER SECURITY
Because of you… we obsess over cyber security!
Cyber fraud and email hacking is on the rise. Fraudsters may access individual email accounts and monitor the life of your transaction. At the time funds are due to the escrow, fraudsters intercept the information for wiring funds and the fraudsters change the information without the knowledge of the sender or recipient, resulting in the funds being sent to an outside account and never credited to the intended party.
To protect and reduce your risk, WFG has implemented the following procedures for outgoing and incoming wires:
Outgoing Wire from WFG to seller or borrower for proceeds
In the escrow paperwork provided you will be asked to provide written instructions on how you want funds dispersed at the close of escrow. If you choose to have the funds sent via wire transfer, WFG will contact you by phone to confirm the wire information provided.
Incoming Wires from buyer and/or lender to WFG bank account
For funds that are to be wired to WFG for your transaction, we will send specific wire instructions to the remitting person via an encrypted email. We recommend you reach out to your WFG contact to confirm the wire instructions prior to remittance.
We look forward to processing your escrow transaction for you. We know that this can be a stressful time and we are here to assist you in any way we can to make this a good experience.
http://national.wfgnationaltitle.com/2016/04/05/obsess-cyber-security/
WIRE FRAUD
PROTECT YOUR MONEY WHEN BUYING A HOME: YOUR WIRE FRAUD CHECKLIST
Every day, hackers try to steal your money by emailing fake wire instructions. Criminals will use a similar email address and steal a logo and other info to make it look like the email came from your real estate agent or title company. You can protect yourself and your money by following the steps below.
Don’t send sensitive financial information via email.
Call, don’t email. Confirm your wiring instructions by phone using a known number before transferring funds.
We will never email wiring instructions to you nor change WFG account information after it’s been provided to you by our staff.
Keep your email account clean, remove any stale messages. Hackers can watch your business patterns and use this information against you.
Ask your bank to confirm the name on the account before sending a wire.
Call your title company or real estate agent within four to eight hours to confirm they have received your money.
This is for informational purposes only and should not be considered legal advice.
WHY IS OWNER’S TITLE INSURANCE IMPORTANT?
The purchase of a home is likely going to be one of the most expensive and important purchases you will ever make. You and your mortgage lender want to make sure the property is indeed yours and that no individual or government entity has any right, lien, claim, or encumbrance to your property.
The title insurance company’s function is to make sure your rights and interests to the property are clear, that transfer of title takes place efficiently, and correctly, and your interests as a homebuyer are protected. Title insurance companies provide services to buyers, sellers, real estate developers and builders, mortgage lenders, and others who have an interest in the real estate transfer. Title companies issue two types of policies - “Owners Policy” (which covers the homebuyer) and “Lenders Policy” (which covers the bank, savings and loan, or other lending institution over the life of a loan). Both are issued at the time of purchase for a one-time premium.
The title company conducts an extensive search of public records to determine if anyone other than you has an interest in the property before issuing a policy. The search may be performed by title company personnel using either public records, or more likely, information gathered, reorganized, and indexed in the company’s title “plant”. With such a thorough examination of records, title problems can usually be found and cleared up prior to purchase of the property. Once a title policy is issued, if for some reason any claim, which is covered under your title policy, is ever filed against your property, the title company will pay the legal fees involved in defense of your rights as well as any covered loss arising from a valid claim. That protection, which is in effect as long as you or your heirs own the property, is yours for a one-time premium paid at the time of purchase.
The title company works to eliminate risks before they develop. This makes title insurance different from other types of insurance. Most forms of insurance assume risks by providing financial protection through a pooling of risks or losses arising from unforeseen events, like fire, theft, or accident. The purpose of title insurance, on the other hand, is to eliminate risks and prevent losses caused by defects in title that happened in the past. Risks are examined and mitigated before property changes hands. Eliminating risk has benefits to both of you, the home buyer, as well as the title company. It reduces the chance adverse claims might be raised, and by doing so reduces the number of claims that have to be defended or satisfied. This keeps costs down for the title company and your title premiums low. With title insurance you are assured that any valid claim against your property will be taken on by the title company, and that the odds of a claim being filed is slim.
WHAT IS ESCROW
When your offer has been accepted and conveyed, escrow is opened. An escrow is an arrangement made under contract between a buyer and seller. As the neutral third party, escrow is responsible for receiving and disbursing money and/ or documents. Both the buyer and seller expect the escrow agent to carry out their written instructions associated with the transaction and also to advise them if any of their instructions are not being met, or cannot be met. If the instructions from all parties to an escrow are clearly set out, the escrow officer can proceed on behalf of the buyer and seller without further consultation.
TYPICAL ROLES IN THE CLOSING PROCESS
The Seller/Agent
• Delivers Purchase Sale Agreement to the escrow agent
• Prepares the paperwork necessary to close the transaction
• Approves the commitment for title insurance, or other items as called for by the Purchase Sale Agreement
The Buyer/Agent
• Deposits funds required to close with the escrow agent
• Executes the paperwork and loan documents necessary to close the transaction
The Lender
• Deposits loan documents to be provided by the buyer
• Deposits the loan funds
• Informs the escrow agent of the conditions under which the loan funds may be used
The Escrow Agent
• Clears Title
• Obtains title insurance
• Obtains payoffs and release documents for underlying loans on the property
• Receives funds from the buyer and/or lender
• Prepares vesting document affidavit on seller’s behalf
• Prorates insurance, taxes, rents, etc.
• Prepares a final statement (often referred to as the Closing Disclosure or CD) for each party, indicating amounts paid in conjunction with the closing of your transaction
• Forwards deed to the county for recording
• Once the proper documents have been recorded, the escrow agent will distribute funds to the proper parties
Escrow is the process that gathers and processes many of the components of a real estate transaction. The escrow agent is a neutral third party acting on behalf of the buyer and seller.
WHAT IS TITLE
Title insurance insures against financial loss from defects in title, liens, or other matters. It protects both purchasers and lenders against loss by the issuance of a title insurance policy. Usually, during a purchase transaction the lender requests a policy (commonly referred to as the Lender’s Policy) while the buyers receive their own policy (commonly referred to as an Owner’s Policy).
It will protect against lawsuits if the status of the title to a parcel or real property is other than as represented, and if the insured (either the owner or lender) suffers a loss as a result of a title defect. The insurer will reimburse the insured for that loss and any related legal expenses.
How is title insurance different than other types of insurance?
While the purpose of most other types of insurance is to assume risk through the pooling of monies for losses happening because of unforeseen future events (like sickness or accidents), the primary purpose of title insurance is to eliminate risks and prevent losses caused by defects in title arising out of events that have happened in the past. To achieve this, title insurers perform a thorough search and examination of the public records to determine whether there are any adverse claims (title defects) attached to the subject property. These defects/claims are either eliminated prior to the issuance of a title policy or their existence is excepted from coverage. The policy is issued after the closing of your new home, for a one time nominal fee, and is good for as long as you own the property.
What’s involved in a title search?
A title search is made up of three separate searches:
• Chain of Title – History of the ownership of the subject property
• Lien & Encumbrance Search – Discloses liens and encumbrances on the subject property
• Exceptions from Coverage Search –Includes Easements, Covenants, Conditions and Restrictions, etc.
After the three searches have been completed, the file is reviewed by an examiner who determines:
• If the Chain of Title shows that the party selling the property has the rights to do so.
• Whether there are any unsatisfied judgments on the Judgment and Name Search against the previous owners, sellers, or/and purchasers.
Rights established by judgment decrees, unpaid federal income taxes, and mechanics liens all may be prior claims on the property, ahead of the buyer’s or lender’s rights. The title search will only uncover issues in title that are of public record and therefore allowing the title company to work with the seller to clear up these issues and provide the new buyer with title insurance.
Once the searches have been examined, the title company will issue a commitment, stating the conditions under which it will insure title. The buyer, seller, and the mortgage lender will proceed with the closing of the transaction after clearing up any defects in the title that have been uncovered by the search and examination.
WHO PAYS FOR WHAT IN COLORADO
The examples below are typical. However, the real estate purchase agreement will ultimately determine who is paying for what expenses.
The SELLER can generally be expected to pay for:
• Loan payoff per existing lender’s payoff letter
• Record release of existing lien(s)
• Prior year’s property taxes still due
• Current year real estate tax proration
• Water and sewer adjustments
• Homeowner’s association dues and prorations, if applicable
• Any other costs as outlined in real estate contract
The BUYER can generally be expected to pay for:
• Lender’s Title Insurance and endorsements
• Record warranty deed
• Record deed of trust
• State documentary fee
• Loan closing fee
• Tax service fee (lender charge)
• Full-year homeowner’s insurance (lender charge)
• Insurance reserve (lender charge)
• Tax reserve (lender charge)
• Loan origination or discount fee/points (lender charge)
• Appraisal fee (lender charge)
NEGOTIATED under Contract:
• Real Estate commissions
• Survey/improvement location certificate
• Owner’s Title Insurance premium
• Owner’s extended-coverage endorsement
• Settlement agent fee
• Tax Certification
• Homeowner’s association transfer and status letter fees
• Credit report fee (lender charge)
• Lender document preparation (lender charge)
• Flood certification (lender charge)
• Mortgage insurance premium (lender charge)
• Miscellaneous loan fees (lender charge)
• Water and sewer prorations, if applicable
• Homeowner’s association dues and prorations, if applicable
• Closing Protection Letter, if applicable (for loans only)
DISCLAIMER:
This information is provided for informational purposes only and no warranties are made.
TITLE VESTING
TENANCY IN SEVERALTY
Ownership of property vested in one person rather than held jointly with another.
JOINT TENANCY WITH RIGHT OF SURVIVORSHIP TENANCY IN COMMON
Parties need not be married; may be more than two persons.
Parties need not be married; may be more than two persons.
Also called sole tenancy.
The sole owner may use, encumber, rent, sell, and convey at their discretion.
The owner may transfer the property via a Will, Trust, or a Beneficiary Deed upon their death.
Each joint tenant holds an equal and undivided interest in the estate, unity of interest.
Upon death, the estate of the decedent must be “cleared” through probate or adjudication.
One joint tenant can partition the property by selling his or her joint interest.
Each joint tenant holds an undivided fractional interest in the estate. May be disproportionate interest e.g. 20% and 80%; 40% and 60%; etc.
Each tenant’s share can be conveyed, mortgaged, or devised to a third party.
Requires signatures of all joint tenants to convey or encumber the whole.
Requires signatures of all to convey or encumber the whole.
Estate passes to surviving joint tenants outside of probate.
No court action required to “clear” title upon the death of joint tenant(s).
Upon death, the tenant’s proportionate share passes to his or her heirs by will or intestacy.
Upon death, the estate of the decedent must be “cleared” through probate or adjudication.
DISCLAIMER – The foregoing contains informational examples only and is not to be construed as legal advice. Given the complexities involved in acquiring and holding legal title to real property, WFG strongly recommends that you seek legal advice from an attorney prior to doing so.
55 Madison Street, Suite 690
Denver, CO 80206 (720) 475-8325
NORTH
12050 N Pescos Street, Suite 110 Westminster, CO 80234 (720) 475-8350
8610 Explorer Drive, Suite 105
Colorado Springs, CO 80920 (719) 598-5355
7800 E Union Avenue, Suite 310 Denver, CO 80237 (720) 475-8300
3. DENVER TECH CENTER / COMMERCIAL
4.
METRO OFFICE
2. COLORADO SPRINGS OFFICE
1. CHERRY CREEK OFFICE
TABLE OF CONTENTS
Altos Market Report
WFG’s My Home
Talking House Tent Cards
Notes
The information contained is provided by WFG’s Customer Service Department to our customers, and while deemed reliable, is not guaranteed.
REPORT FOR 11/13/2024
Single-Family Homes
This week the median list price for Pueblo, CO 81007 is $444,949 with the market action index hovering around 27. This is about the same as last month's market action index of 27 Inventory has held steady at or around 278.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Real-Time Market Profile
Median List Price $444,949
Median Price of New Listings $420,000 Per Square Foot $174
Days on Market 95
Slight Buyer's Advantage Market Narrative
The market has shown some evidence of slowing recently Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes
Market Segments
Slight Buyer's Advantage
Each segment below represents approximately 25% of the market ordered by price.
Median List Price
We continue to see prices in this zip code bounce around this plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels. 7-Day Average
$500K
$450K
$400K
Segments
In the quartile market segments, we see prices in this zip code have settled at a price plateau across the board. Prices in all four quartiles are basically mixed. Look for a persistent shift (up or down) in the Market Action Index before prices move from these current levels.
Price Per Square Foot
The market plateau is seen across the price and value. The price per square foot and median list price have both been reasonably stagnant. Watch the Market Action Index for persistent changes as a leading indicator before the market moves from these levels.
Inventory has been climbing lately. Note that rising inventory alone does not signal a weakening market. Look to the Market Action Index and Days on Market trends to gauge whether buyer interest is keeping up with available supply.
Market Action Index
The market has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes.
Market Action Segments
Three of the four quartiles of this zip code are in the Seller’s Market zone with relatively low amounts of inventory given the current levels of demand. It’s not uncommon that the premium segment of the market takes longer to sell than the rest of the group.
Median Days on Market (DOM)
The properties have been on the market for an average of 92 days. Half of the listings have come newly on the market in the past 61 or so days. Watch the 90-day DOM trend for signals of a changing market.
Segments
It is not uncommon for the higher priced homes in an area to take longer to sell than those in the lower quartiles.
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CONSUMER EXPERIENCE TIMELINE
TRANSACTION CLOSED
GATHER UP
SIGNING SCHEDULED
CLOSE TO SIGNING
TITLE CLEARED
UPDATER INVITATION
TITLE REPORT DELIVERED
TRANSACTION STARTED
MIDPOINT FEEDBACK
EARNEST MONEY
