After your offer is accepted, you have an Inspection Objection Deadline — typically 10 days. You hire a licensed inspector ($400-$600) who examines the structure, roof, HVAC, plumbing, and electrical. A radon test ($150) is strongly recommended — Colorado has some of the highest radon concentrations in the country. If the inspector finds issues, you…
Out-of-state buyers are common in Denver — Texas, California, and Illinois are consistently the top feeder states. The process works well remotely with the right setup. Get pre-approved with a Colorado-licensed lender before you visit. Work with an agent who does video walkthroughs — they’ll point out things listing photos don’t show: traffic noise, neighbor…
A CMA is a report your agent prepares that establishes market value by comparing a property to similar homes that recently sold nearby. It’s the primary tool for evaluating whether an asking price is fair before you make an offer. A good CMA uses 6-8 comparable sales from the past 60-90 days, within a half-mile…
The listing agent at an open house works for the seller. Ask directly: How long has it been on market and has the price been reduced? Have there been any offers — and why didn’t they close? (Deals falling out of contract often signals inspection issues.) What’s included in the sale? Are there any known…
Buyers typically pay 2%-4% of the purchase price in closing costs. On a $600,000 home, that’s $12,000-$24,000. Main line items: lender origination fee ($1,000-$3,000), appraisal ($500-$700 paid upfront), title insurance (~0.5% of purchase price), escrow/settlement fee ($800-$1,500), recording fees, prepaid property taxes, and first-year homeowner’s insurance. Your lender must give you a Loan Estimate within…