Home Buying in 80203 : Real Estate Advice

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Joseph Rabio…, Real Estate Pro in Arvada, CO
Joseph Rabiolo answered:
Inspection revealed substantial structural and electrical problems. How much can we negotiate down the original offer to help offset repair costs?
Hi Jbongianni!

Wow - it sounds like you found a lot more than you were expecting from the inspection report! The first question you might want to ask yourself is: Am I still interest ... more
0 votes Share Flag Wed May 11, 2016 Home Buying in 80203
Sally Grenier, Real Estate Pro in Boulder, CO
Sally Grenier answered:
What is the best clause in a contract for a back up offer?
You really should be asking your Realtor this question. He/she probably has a standard clause they use for backup offers.
0 votes Share Flag Sun Apr 24, 2016 Home Buying in 80203
Bruce.sturde…, Home Buyer in Denver, CO
Bruce.sturdevant answered:
How much can we negotiate on a home after inspection is done?
I am a seller and just had the home inspection. All I can say is if you are buying a home from 1940 expect to have to do things to it. If you want everything perfect build a home and fo ... more
2 votes Share Flag Thu Mar 31, 2016 Home Buying in 80203
Michael Glist, Real Estate Pro in Colorado Springs, CO
Michael Glist answered:
Is there any reason a lender would object to making a loan worth only 25% to 35% of the value of the house -- about $100,000 to $150,000?
It depends on the whole picture. Typically lenders will not do a loan for less than $40,000. I see no problem with you getting a loan however I do not know the whole situation. Feel fre ... more
0 votes Share Flag Thu Feb 25, 2016 Home Buying in 80203
Sally Grenier, Real Estate Pro in Boulder, CO
Sally Grenier answered:
Cancel contract in California for a home
What is your question exactly?
0 votes Share Flag Mon Oct 12, 2015 Home Buying in 80203
Amelia Robin…, Real Estate Pro in Falls Church, VA
Amelia Robinette answered:
Are you allowed to get quotes for unfinished rooms in a house during the inspection period?
You can ask, but the seller is under no obligation to provide access to a property beyond what's stipulated in your contract. Do they allow access when asked? Yes, all the time. Do they ... more
0 votes Share Flag Tue Sep 29, 2015 Home Buying in 80203
Karen and Pa…, Real Estate Pro in Cameron Park, CA
Karen and Paul Catania answered:
I put an offer on a home on Tues and we where negotiating closing cost. The realtor showed the home to another who then offered cash is this legal?
Yes it is legal and something everyone needs to be aware of while offering on any home. As long as there isn't any final signed contract the door is always open. If you are going to c ... more
0 votes Share Flag Tue Sep 29, 2015 Home Buying in 80203
Sally Grenier, Real Estate Pro in Boulder, CO
Sally Grenier answered:
Can I post an open house invite? If so, how can I do that? Thanks
Yes, you can add open house info on your listings. Go to your properties, then "edit".
0 votes Share Flag Thu Aug 6, 2015 Home Buying in 80203
Brendan Bart…, Real Estate Pro in Denver, CO
Brendan Bartic answered:
Hi. We put a bid on a house and accepted we had our inspection done and we found that it needs a roof ,septic,leaching field s and furnace.
You can always negotiate, or terminate due to inspection.
0 votes Share Flag Fri Feb 27, 2015 Home Buying in 80203
Brendan Bart…, Real Estate Pro in Denver, CO
Brendan Bartic answered:
cqn you get out of a contract if the home inspections reveals major problems
It is based on the contract, as long as the contract has an inspection objection/resolution deadline on it, then you can terminate based on inspection. Also, not legally advising, but ... more
0 votes Share Flag Fri Feb 27, 2015 Home Buying in 80203
Brendan Bart…, Real Estate Pro in Denver, CO
Brendan Bartic answered:
Realtor Relation Question
I would just like to let you know that if you have not signed an Exclusive Right-to-Buy agreement with this agent, you have no legal obligation to use her as your agent for any purchase ... more
0 votes Share Flag Fri Feb 27, 2015 Home Buying in 80203
Jason Hartley, Real Estate Pro in Thornton, CO
Jason Hartley answered:
Is a seller or real estate agent responsible for serious bug infestation after a sale in NY? It was not discovered by the Home inspection we pd for
Sorry to hear that you are dealing with this unwelcome surprise after purchasing a new property.

A pest inspection is typically a separate inspection than a general overall home ins ... more
0 votes Share Flag Tue Sep 30, 2014 Home Buying in 80203
Robert McGui…, Real Estate Pro in Denver, CO
Robert McGuire answered:
if a home asking price is 72.9 and the home needs about 5,000 in repairs how much should the offer be?
Jacki,

In Denver, the smallest 2 bedroom, 1 bath home would have multiple offers and a bidding war at this price. Check with your Buyer's Agent to advise you in your market.

Rober ... more
0 votes Share Flag Sat Feb 1, 2014 Home Buying in 80203
Ethan Besser, Real Estate Pro in Englewood, CO
Ethan Besser answered:
Qualifying for a house as a couple
You need to talk with a lender about what you need to do.
0 votes Share Flag Tue Oct 8, 2013 Home Buying in 80203
Ritchy Haynes, Other/Just Looking in Denver, CO
Ritchy Haynes answered:
Can a seller give the buyer cash back after close if they are a relative and it's a gift reported on form 709?
No everything must be accounted for on the settlement statement!
0 votes Share Flag Wed Sep 25, 2013 Home Buying in 80203
Ritchy Haynes, Other/Just Looking in Denver, CO
Ritchy Haynes answered:
Buying house near Section 8 Complex
I would evaluate crime rate before deciding on this. That is a great part of town and a very hot market, so it shouldn't be too big of a deterrent!
0 votes Share Flag Tue Sep 10, 2013 Home Buying in 80203
Lake Bishop, Real Estate Pro in Denver, CO
Lake Bishop answered:
Negotiating after inspection
The whole purpose of the inspection is to determine what is wrong with the property. If there are major repairs that need to be done then I would defiantly use that to negotiate the pri ... more
0 votes Share Flag Sun Jan 27, 2013 Home Buying in 80203
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