Why Is the Final Walkthrough So Important?

Days or hours before you close on your home, we will walk through the property to make sure it’s in working condition. There are many reasons why the final walkthrough is so important.

Interested in buying a home? GO HERE to perform a Full Home Search, or if you're considering selling, CLICK HERE to receive a Free Home Value Report. For any other questions, please reach out to me at (719) 299-5778, or email me at Donny@IntegrityTeam.net.

The final walkthrough is a crucial part of the closing process. Days or hours before you close on your home, we will walk through the property to make sure it’s in working condition.

It’s very important that you use a checklist during the walkthrough to make sure that you don’t miss anything. Part of that checklist will include your inspection resolution items, but there will also be other features on the list that we need to look at before closing.

After the walkthrough, you will head to the title company and close on the home, so it’s incredibly important that you check on the property one last time in order to verify that there have been no conditional changes that may prevent you from wanting to close on the home.

If the property is vacant, the final walkthrough is extra important because there might have been vandalism or theft since you last looked at the property. The walkthrough allows you to take appropriate action with any issues before you actually own the home.

At this stage in the home buying game, you don’t want any surprises.

At this stage in the game, you don’t want any surprises. By using a checklist, we can ensure that all of the repairs you requested have been taken care of and that no additional issues have popped up in the meantime.

Our checklist really saved one of my clients a lot of hassle. We walked through the property just hours before heading to the title company only to discover that the water heater had been stolen. It would have been terrible for my client to find out the water heater was missing after closing. However, since we did the final walkthrough, the seller replaced the water heater before my client closed on the home.

As you can see, the final walkthrough is an awesome way to avoid a lot of pitfalls in the process of buying a home, especially if the home is vacant. You simply don’t know what’s going to happen before you close on it.

If you have any questions about the final walkthrough or about the home buying process in general, give me a call or send me an email. I would be happy to help you!

How Easy Is It to Buy a Foreclosure?

One of the many options you have when looking for a home is a foreclosure. These bank-owned properties can be had at a bargain, and may hold the key to your financial future.

Interested in buying a home? GO HERE to perform a Full Home Search, or if you're considering selling, CLICK HERE to receive a Free Home Value Report. For any other questions, please reach out to me at (719) 299-5778, or email me at Donny@IntegrityTeam.net.

As a real estate professional, I’ve worked with hundreds of foreclosure properties in the buying, selling, and flipping processes. Whether you should buy a foreclosure is a personal decision.

In my opinion, buying the right foreclosure can make the difference in your financial future. We are looking for deals in the foreclosure market that the bank is selling at a reduced amount. This gives you instant equity when you move in.

Buying a foreclosure is a pretty simple process.

Buying a foreclosure is a pretty simple process. It’s a matter of acquiring the home, knowing the repairs you need to make, and walking into a home that will give you tons of equity in the long term. You should consider a foreclosure when buying, but it's important that you work with a professional like myself who has done a lot of them and can help you avoid some of the pitfalls that are out there.

The process of buying a foreclosure is not that different than buying a normal home. Most loan programs can purchase foreclosures, even VA and FHA loans in some cases. However, it’s important to note that the home will need to be up to the standards of FHA and VA depending on the type of loan you are using. I can determine for you whether the home you are looking for is going to qualify for FHA or VA, allowing you to avoid putting in an offer on a home that you can’t qualify for.

Another option you may consider is using a conventional loan to avoid these pitfalls, although this requires a much larger down payment. It may allow you to purchase a home that is in disrepair enough, has a ton of equity, and will allow you to benefit greatly.

If you have any questions, give me a call or send me an email. I look forward to hearing from you soon.

The Challenge of Buying and Selling Simultaneously

When you move, you're faced with the challenge of buying a home and selling a home at the same time. Luckily you have options for navigating this situation in our market.

Interested in buying a home? GO HERE to perform a Full Home Search, or if you're considering selling, CLICK HERE to receive a Free Home Value Report. For any other questions, please reach out to me at (719) 299-5778, or email me at Donny@IntegrityTeam.net.

When you sell your home, you're faced with the question of where you're going to move to. This means many people are faced with the problem of buying a home and selling a home at the same time.

There are multiple ways to make that transition as smooth as possible. The first step is to get your home on the market. In some places, contingent markets are the norm, so you'll be able to put an offer in on a new property while your current house is up for sale as long as the market conditions allow for a relatively quick sale on your old home.

You have multiple solutions available to buy and sell at the same time.

I'd encourage you to find your new property, or at least have a general idea of what area you intend to live in, at the same time you have your current property listed. We've seen people leasing back their property from buyers, meaning they can close on the property and have 30 to 45 days to move. Leasebacks make your situation a lot easier and a lot more fluid.

I'd love to help you in this transition if you're considering a move in the Colorado Springs area. Give me a call or send me an email soon - I look forward to working with you.