All offers received will be presented in a timely manner and explained in easy-to-understand terms. The typical under-contract period in the current Denver market is about thirty days, but this can vary based upon the negotiation and terms of the contract.
The higher the price, the better the offer, right?” Not always! Price is not always the determining factor when accepting an offer for many reasons: the initial offer is oftentimes negotiated, and there are a number of terms and conditions that will most likely influence the final outcome of the price. You can trust our professional guidance to help you thoroughly evaluate every proposal without compromising your marketing position. The negotiation process can feel over-whelming (and exciting) so having someone helping you make the best decision is pivotal! We take the ethical responsibility of fairly negotiating the contract terms very seriously. You may even have to deal with multiple offers before getting to a final suitable contract – and as your agents, we will provide a thorough and objective assessment of each offer to help you make the right choice.
A fully executed contract is when all parties have signed the original offer or counter offer. This is a legally binding contract between a potential purchaser and you as the seller.
Within the offer, the buyer agrees to put an amount of money down, known as earnest money, (amount typically determined by seller and listing agent), to show they are serious buyers and will be wired to the title company within 3 days of going under contract. The earnest money will be held in an escrow account pending the fulfillment of conditions, deadlines and contingencies within the executed contract.
Title company is typically selected by seller and listing agent but is determined within the contract. The title company holds earnest money, orchestrates all closing documents and examines/insures clear title to real estate. After researching the complete recorded history of your property, they will certify that: Your title is free and clear of encumbrances (eg. mortgages, leases, or restrictions, liens) by the date of closing. All new encumbrances are duly included in the title. Issues title policy/coverage to buyer for property prior to their ownership.
The seller’s property disclosure is a form that is used by the seller to disclose information about the property that the seller has knowledge of. By signing this form you are acknowledging receipt of this information. I will ensure the inspector has a copy of this prior to the inspection. These are things known to the seller – you should do your own investigation on anything that is of concern to you.
The initial measurement is for the purpose of marketing, may not be exact and is not for loan, valuation or other purposes. If exact square footage is a concern, the property should be independently measured prior to the Inspection Deadline. I have a list of Inspectors I recommend if needed!
Seller is to disclose identification of the source of potable water (tap, well, other), identification of any permits, augmentation plans, and other water-related information.
The lead-based paint disclosure form is a required form to be issued to all potential buyers for residential properties built before 1978. The forms were written to warn any new owners of the potential existence of this within the interior walls of the residence. See disclosure here.
At Centron Group, our "Client-First" philosophy ensures top-tier service and optimal outcomes for our clients. We're always accessible, attentive listeners, detail-oriented, and excellent communicators. Work with us for an unparalleled experience in achieving your real estate goals.