I would like to welcome you to my comprehensive Greeley and Northern Colorado Real Estate website. My goal is to provide you with the most detailed Greeley and Northern Colorado real estate market information all in one location!
What Home can I afford?
That depends, of course—on your income and other financial obligations. If you see houses you love outside your price range, it opens you up to disappointment. Meet with a lender to get pre-approved for a home loan (added bonus: pre-approval makes you much more attractive to sellers)
what do you think the seller will accept as a fair price?
As a rule of thumb, knocking 5% off the list price won't ruffle any feathers. If it's been sitting on the market for a while, you can venture below that, but the bottom line is, You never know how low a seller will go, as they have different motivations for selling, If the sellers are eager to move, you could luck out and score a deal.
how quickly can i close?
Typical escrow periods are 30 to 45 days. This gives you enough time to do the inspection on the property and get a loan completed.
can i buy a home and sell my current home at the same time?
Yes, you can—but it's the real estate equivalent of walking a tightrope. This is one of the trickiest questions to answer, On the one hand, if you buy a home before you sell the one you're in, you're overextended financially; if you sell before you buy, you might need to rent awhile before finding a new place. But there are ways to do both at once, and one option is to instate a “sale contingency" in your contract. This means you only agree to buy a home if you can sell the one you're in. The only downside is if your seller doesn't agree (which is possible if they want the timing set in stone).
should i get a home inspection?
While buyers often wonder if a home inspection is truly necessary, most Realtors unequivocally say yes, yes, and yes. A home inspector takes a weight off of your shoulders by looking into the condition of the roof, electricity, heating and air, plumbing, Ensuring these things work prevents you from paying to fix them in the future. If some things are not up to par, you can negotiate with the seller to get those fixed before you sign the paperwork."