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What to Do After You’ve Found a Home You Love

What to Do After You’ve  Found a Home You Love

You found the home of your dreams. It checks off all your “must-have” criteria and seems like the perfect place to set down roots and raise your family. Now what? Finding your dream home is only half the battle — read on to learn how to best proceed.
Denver real estate has quickly become a hot commodity, and the market can be difficult to navigate without an experienced real estate agent guiding you.  . Located in the heart of Colorado, Denver has an expanding population that grows larger every year, according to World Population Review. Serving as the state’s capital, Denver is the most populous city in Colorado. Due to its rising growth in residents, locking down the house of your dreams in the area can be difficult. But by following a few simple steps with a skilled real estate agent you can land the home you’ve always wanted.

Request a showing

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After doing your research on the house you’ve found, request a showing as soon as possible. While high-quality photos and online virtual tours can give you an idea of the condition of a property, actually touring the house will give you the full picture. After all, you wouldn’t buy a car without taking a test drive first.
Sellers often want to put their house’s best foot forward, which means glossing over certain aspects that can only be seen in person. When it comes time to tour the property, inspect every nook and cranny to find any potential red flags. This means opening cabinets, testing faucets, and flicking on every light switch.
Be sure to tour the property with your Denver real estate agent who can help identify areas of concern and help you determine if the property is really worth your investment.

Make an offer

So you’ve toured the house and it seems up to par. You can envision yourself living in the home and want to make an offer.  A buyer may believe that making an attractive offer simply means offering the most money possible, but that isn’t always the case. Not only might that put you over your budget, but most sellers are looking for other incentives to sweeten the deal, particularly in multiple offer situations. Crafting your offer to tailor towards a particular seller is incredibly important and should not be taken lightly. A good buyer’s agent will talk with the listing agent to find out what the sellers are looking for, prior to writing an offer.

Get a home inspection

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A home inspection is a vital part of the home buying process. Regardless of how good the house appears in your walk-through, there are more than likely some problems lying beneath the surface. These problems can only be found by an experienced home inspector.
Your home inspector will check everything from the property’s electrical system to its foundation. After their inspection, they will provide a detailed report of every current and potential issue with the property. In some cases these problems may be small and easy to fix. In other cases they may be larger issues that’ll take a lot of time and money to repair. Even if the seller accepts a lower offer due to problems with the home, consider the repair costs.
Remember that no matter how much you love a property, you can always walk away from the deal if it seems like a project that’ll break your bank. It’s better to find a house in better condition than to get stuck with a property that may eat away at your finances.

Open re-negotiations if necessary

In the Denver real estate  market, re-negotiations are always on the table. If the home inspection uncovers serious problems, you can object to these items in writing and request the seller to make repairs prior to closing.  Or you might request the seller to take money off the purchase price or have them offer credit at closing so you can make the repairs. Having a real estate agent you can trust at this point in the transaction is very important.

Close on the deal

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While closing on a home may seem like an exciting step in the process, it can be filled with some challenges that may slow down the sale. Closing on a home often entails signing a stack of documents and contracts as well as the payment of closing costs. However, with the support and guidance of a great real estate agent, you will navigate this final step and get the keys to the home of your dreams.
Because the Denver real estate market tends to be very competitive, it’s important to hire a skilled and experienced realtor to help you navigate the home tours, bid submissions, inspections, and closing. If you’re ready to buy or sell a home in Denver, contact Kathi Donivan at Savvy Home Sales for expert guidance. 

*Header photo courtesy of Shutterstock

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From our upscale and extensive marketing and home staging services on our listings, to our individually tailored home-buying services and our expertise in real estate negotiations, we want you to have a 5-star experience working with us. We are proud to say that is what we have consistently delivered, and as a result have worked with many of our clients in multiple transactions over the years.