The first step in the home-buying process of Breckenridge real estate is locating a REALTOR® that you can trust to represent you. We will represent you through the entire process of buying your new Breckenridge home, and we will ensure that all your needs are met.
Getting Pre-Approved Is An Important Step…
A big step in buying Breckenridge CO real estate is getting pre-approved. We believe that an essential issue when beginning the process of acquiring a home is to have a meeting with a lender and obtain a pre-approval. Prior to starting the process of purchasing, ask your lender what the largest amount is that you can qualify for in order to buy your property. You don’t always have to spend so much money; sometimes you can choose to spend a little less. It’s easy to fall in love with the features of homes that are not within your budget.
It is essential that you get in contact with a qualified lender. For those lenders with whom we have had good experiences in the past and that have earned our trust, we will recommend them to you.
Additionally we make a serious recommendation for the use of a lender that is local, especially if the investment is in a town home or a condo. Lenders must ensure that both the property and the buyer qualify. It’s hard for out of town lenders to get qualified for mountain properties. Local lenders have multiple years of experience and can do these tasks quickly and efficiently.
We are not expressing this to benefit them, but to allow you to save time, energy and, above all, stress. In order to determine the price most suitable for you and your comfort level, the lender will review your financial position.
Best Advice
Go one step further with the pre-qualification and complete a loan approval. This approach is the best option!
• You will know in advance what your payments will be – one of the ways the pre-approval process will help you.
• You will use your time efficiently by looking only at homes within your budget.
• You are able to choose the loan package that benefits you the most without being pushed. In the market today, there are many programs and options to pick from. Your lender will tell you your options and assist you in choosing the best one.
• Sellers prefer offers that they know qualify for secure financing. If you are competing with others, then this will give your offer an edge. A pre-approval letter along with all agreements to purchase are requested by many listing agents, today.
• You will get a closing cost estimate with a detailed explanation.
• You will enjoy peace of mind.
Vital Information for your Consulting Appointment
We will work to pin-point the area you wish to live in as well as identify any “must have” features you want in your home.
The Search Begins The Next Step…
The next step is the beginning of the search. When you decide what type of property you want, then it’s time to begin looking. To assist you in the location of your dream home, make an appointment.
You Should be Cautious When Extending an Offer…
When you discover an unbeatable property, you should make a competitive offer right away. Your buyer representative has an ample background in contract negotiations; he or she will see that you obtain the property you desire for a reasonable price
The Accepted Offer
You will have what we refer to as a pending offer when the seller accepts your offer. We will ensure that all dates and deadlines are attended to, and that every detail is handled correctly and quickly.
You Are Almost Finished Once You Reach the Inspection
Stage…
Specific details are addressed and inspections are completed to make sure that the property is ideal for you. The specifics of the contract are negotiated some more and we advance into closing!
Finishing the Closing and Signing the Closing Paperwork…
You need to be ready to wire money funds or have a cashier’s check ready, as well as sign and have the required paperwork notarized. Make sure to have your driver’s license on hand, as the title company requires a copy. You will be in your new home after the next few steps you take.
You will also need to make sure that all of your necessary utilities are turned on.
For the last 30 years Jonna Beardsley has been a certified resort specialist. Jonna’s experience and dedication will help you buy, sell, or build an investment property in the Rocky Mountains. She wants her clients to feel secure and protected, so she brings a lot to the table, such as Knowledge, Trust and Experience. Email Jonna at jonna@breckenridgeassociates.com or call her at 970-390-2533.
