Cherry Creek Mortgage - Grand Junction, CO - NMLS #3001

Flexibility is smart when negotiating in a competitive market. Offering sellers on of these common ‘extras’ or some wiggle room may help your offer stand out: nn1. Flexible move-in dates and/or let the seller choose their preferred closing date nn2. Stronger Earnest Money Deposit: aka a good faith deposit, proving you’re serious about purchasing the home. nn3. Shorten each contingency deadline (financing, inspection, etc.) to the fewest number of days possible. nn4. Consider a modified appraisal contingency — this gives the seller peace of mind that you will not back out if the appraised value comes in under the contract price. nnLittle details can go a long way in a competitive market— let’s connect to make sure your offer stands out and you feel confident in every decision. nn#homebuyer #mortgage #housingmarket

5 Tips for Making a Successful Offer: nn1. Take advice from your team: they’ll keep you focused without compromising must-haves or future financial stability. nn2. Understand Your Finances: Mind your budget by getting pre-approved for a loan early in the process. Plus, this is a critical step to stand out and compete with other buyers. nn3. Be Agile and Vigilant: Homes are on the market for a few weeks max and the average property sale receives five offers (NAR). As soon as you find the right home for, be prepared to submit an offer as quickly as possible. nn4 Make a Fair Offer: Work with your home buying team to make an informed offer based on the market value, condition of the home, and recent sales in the area. nn5. Be a Flexible Negotiator. Flexible move-in dates or minimal contingencies can strengthen your offer. nnConfident and competitive offers are key to success in today’s market — let’s connect to make sure your offer rises to the top and you feel confident in every decision. nn#homebuyer #mortgage #housingmarket

“If we learn nothing else from this tragedy, we learn that life is short and there is no time for hate.” – Sandy Dahl, wife of Flight 93 pilot Jason Dahl nnToday marks the 20th anniversary of 9/11. Twenty years later we stand united in strength, love, and hope. We will always honor the bravery of the heroes who emerged from that tragic day and remember those who lost their lives too soon. #neverforget

Happy Labor Day!

Top Things to Avoid after Applying for a Mortgage: nnConsistency is the name of the game after applying for a mortgage. Be sure to discuss any changes in income, assets, or credit with your lender, so you don’t jeopardize your application. nn1. Don’t change bank accounts. nn2. Don’t apply for new credit or close any credit accounts. nn3. Don’t make any large purchases. nn4. Don’t deposit cash into your bank accounts before speaking with your bank or lender. nn5. Don’t co-sign other loans for anyone. nnAlways fully disclose and discuss your intentions with your lender before you do anything financial in nature. As always, we’re here to answer any of your home financing questions!nn#homebuyer #mortgage #housingmarket

Real Estate Market’s Generation Gap. For generations, the homebuying process never really changed — the asking price was typically the ceiling of the negotiation and it was rare to pay more than what the seller was asking. Times have changed — in a huge way. Why? nn• Record-low supply of homes for sale coupled with very strong buyer demand has increased bidding wars n• For every listing there is on average 5.1 offers. (NAR) n• Half of all homes are being sold above list price. (NAR) nnBuyers should think of the list price of the house as the reserve price at an auction — the asking price is often the floor of the negotiation rather than the ceiling. nnLet’s connect so you have a trusted professional on your side to provide the best advice on how to make a competitive offer on a home in today’s market. nn#homebuyer #mortgage #housingmarket

And the winners are....nn- Julie S.n- Ashley J.n- Ashley C.n- Holly S.n- Francesca S.nnCongratulations to all of the winners! Thank you to everyone who participated all over the country. And thank you to the teachers, we are so grateful for all you do for our kids each and every day!nnStay tuned for another giveaway coming very soon!nnRules: Winners will be chosen at random. Contest runs from Monday, August 23rd - Friday, August, 27th. Winners will be announced on Facebook and Instagram and notified by private message. Winners will have 3 days to respond. If no response, another winner will be chosen at random. Offer excludes all employees of the Cherry Creek family of companies or any dba of Cherry Creek Mortgage. Must live in USA to enter.n.n.n.n#teachergiveaway #backtoschool

We are choosing our winners TOMORROW! Have you entered yet?nnWe can’t wait to gift 5 teachers a $200 gift card to help them get their classrooms ready for the new school year! nnTo enter, simply comment below on this post and tell us what you are most excited for as you kick off the school year!!nnRules: Winners will be chosen at random. Contest runs from Monday, August 23rd - Friday, August, 27th. Winners will be announced on Facebook and Instagram and notified by private message. Winners will have 3 days to respond. If no response, another winner will be chosen at random. Offer excludes all employees of the Cherry Creek family of companies or any dba of Cherry Creek Mortgage. Must live in USA to enter.n.n.n.n#teachergiveaway #backtoschool

The Path to Homeownership — 10 Steps: nn1. Save for Your Down Payment: Create a budget and do your research on the many low-down payment options available. nn2. Know and Improve Your Credit Score: Clean up outstanding debts that are negatively impacting your score like student loans and credit cards. nn3. Find a Real Estate Agent. I can recommend some great local agents to help guide you through the process. nn4. Get Pre-Approved. Pre-approval helps you understand and mind your budget — plus you’ll stand out as a serious buyer. nn5. Search and Find Your Home. Determine your must-haves and top neighborhoods. Work with your agent to find a home(s) that meet your needs and your budget nn6. Make An Offer. Don’t hesitate in today’s market and make a competitive offer, then work with your agent to negotiate a contract. nn7. Complete a Home Inspection. Address any hidden issues in the home with the seller. nn8. Get a Home Appraisal. Ensure the property is worth the price you are prepared to pay. nn9. Close. Schedule a closing date once the loan is approved and sign the final paperwork. nn10. Move-In — Congrats! You’re a homeowner! nnReady to start the process? Let us help you on the path to buying your new home. nn#homebuyer #mortgage