Multiple Offer Time!

With the recent upswing in Grand Junction's real estate market we are beginning to see situations where our buyer's and seller's are seeing  multiple offers on properly priced properties in certain price points. Historically low interest rates and low inventory are a part of the equation that makes this happen. We have some advise for both buyers and sellers. We first advise all of our buyers to get pre-qualified with a reputable lender for their financing before we even get started looking at homes. This will allow us to immediately act should you find your dream home. If this first essential step isn't followed you won't be even in the running should there be a multiple offer situation. Second you need to put your best foot forward with your offer. You may only get one shot so make it the most attractive as you can with the offering price and seller concessions should you need any. A good agent should also have you write down a few reasons why you would be a great new owner of the home. Some things you might include is that you would take care of the property, be a good neighbor, or other reasons why the property is a perfect fit for you and/or your family. Don't forget that the seller might have an emotional attachment to the property and sometimes the bottom line isn't the only thing that will affect their decision. We work closely with our buyers in Mesa County to educate and counsel them on the process of purchasing a new home. For home sellers we recommend pricing the property correctly. If it is priced correctly it will create urgency and the possibility of multiple offers increases. With multiple offers there will be various factors that will affect the contract that you select. Price, seller paid concessions, closing date, deadlines, if financing is involved, or if it is a cash deal are examples. We as listing agents review all of this information with you so you can make the best decision with regards to which purchase contract to select or counter. Your agent should also thank and encourage the buyer's who's offers weren't selected to be in a back up position in case something should happen in the future with the contract that was selected. Please don't hesitate to contact us with any questions about buying, selling, or investing in Grand Junction!

Grand Junction Real Estate Apps for Iphone, Ipads, and Droids

The Harris Group at Keller Williams Colorado West Realty is proud to announce the arrival of our hyper local property search app for IPhone, Ipad, or Android Devices! We know that the consumer wants a access to properties in real time even when they are on the go. Our app utilizes GPS location based software that will pull the property details around you so you will always know the price of the neighborhood or area you are in. You may also view mobile enhanced photo galleries, set and save search criteria, and have one touch access to schedule showings or contact us with questions. Simply click HERE to get started! We are always striving to deliver excellent customer service along with the most cutting edge tools available for our clients. If you know of anyone buying, selling, or investing in real estate around Grand Junction CO please contact us! If you have a QR Code reader you can also scan the following for more info.

Home Inspections in Colorado

So you have been prequalified for your financing,  found the property with your Buyer's Agent, negotiated price and terms of the home sale. Now what? One of the most important items within the dates and deadlines of the contract is the period where you have the opportunity to inspect the property. Some people wish to complete the inspection on their own, while others hire professional home inspectors. We always recommend the use of a home inspector. Home inspectors can do a thorough walk through of the property and let you know if there are items that are or could pose a problem in the future. Typically the home inspection should be completed within the first 10-15 days after the contract is signed depending upon how long the contract period until closing is. We recommend that our clients do the home inspection as quickly as possible after title review because if potential items come up we want to be able to address them in a timely manner to make best use of both the Buyer and Seller's time. If items do come up we will execute a notice to correct. These items are presented to the seller and then they have 1 of 3 options. They can agree to do all the items, none of the items, or present an alternative resolution. Depending on how the seller responds to the inspection items will determine the next step. If they agree to correct the items great, no other action is required. If they refuse to complete the items or offer an alternative resolution the buyer will then need to respond that they are either terminating or accepting the terms of the sellers response. The Colorado contract to buy and sell real estate has two different dates that deal with inspections. The first is the inspection objection and the second is inspection resolution. The inspection objection date is the latest date you can object to the items under the terms of the contract. The inspection resolution is the date that all parties to the contract must agree to the terms of the inspection resolution. If no resolution is reached by that date the contract automatically terminates. If you have questions regarding this process or are in the market to buy, sell, or invest in homes in Grand Junction Colorado please don't hesitate to contact us at 970-261-2014 or visiting us at our website.