“When we decided to make the move from MN to CO we were so lucky to find an absolute gem of a buyers agent, Lori Cordova. I knew from my first call with her that she would help us find our new dream home. We were continually impressed through the whole home buying process -from searching for homes, house showings and tge closing of our new home. Even after closing Lori was still there for us and helping. Her driven and out going personality makes her the agent everyone should use. If you are thinking of looking for a home, I would recommend Lori Cordova with Bachman & Associates, Walsenburg with the highest regards. I admire her quick response time and a ‘go get it’ professional attitude. Lori will not only help you find your new home but will help make the process easier for you.⠀- Sonja Oberg
Take a good look at your financial fitness before you start looking at houses and property. Knowing and understanding your spending limits prior to beginning the buying process will allow our team to point you in the right direction toward the property of your dreams.
When we understand what you want and how much of a budget you are working with, your broker will be able to efficiently help you search for the best home or property to fit you!
Talk to a bank. Allow your lender to discuss with you what to expect for a down payment, interest rate, closing costs and monthly payments. Having a pre-approval letter from your lender shows sellers you are a serious buyer ready to make a deal.
Click Here To Calculate Your Mortgage Rates
Use the mortgage calculator to estimate your monthly mortgage payment. You can input a different home price, down payment, loan term and interest rate to see how your monthly payment changes.
The next step in the real estate buyer’s guide is to choose a home or property. Once a price range has been determined, think about what you want; a traditional single-family home, hunting land, a working ranch, a townhouse, a vacation home. Envision what your dream is and lets see if we can’t make it your reality.
What area(s) are you interested in? If you are able to pinpoint an area or multiple areas that you love, you’ll spend less time searching and more time looking at properties that will work for you.
Don’t forget important considerations when looking for a property. You may consider things like, “How far is my drive to the nearest grocery store?” “Where is the closest school?” Find a location you want to call home — do you feel it is the right place for you and your family to grow or settle down and relax?
Lastly, once you’ve found the home or property of your dreams, a broker associate will research recent comparable sales of similar homes in the area to help determine a fair selling price as part of our home buyer resources.
Based on those comparable sales, your buyer’s agent will then help you structure an offer and negotiate to get the very best deal possible. If you are looking in a hot market, discuss what leverage if any you have for the negotiation process.