Buyer’s Guide

Buying a home transforms from a daunting process.

Why Buy with Aleks | Tatiana LUXURYHOME?

Expert Advice & Guidance

Buying a home is a big decision not to be taken lightly and there can be many obstacles in the process. Aleks and Tatiana makes the buying process simple and seamless for their clients so that buying a home transforms from a daunting process to a cherished memory.

24/7 Service

We are always available 24/7 by call, text, email and even LIVE CHAT. Her clients love her immediate response time and unrivaled communication skills.

The Art of Negotiation

The negotiation is a delicate process which often requires finesse to get an offer accepted. We are an expert at presenting her clients offer in the most professional and straightforward manner which is vital in multiple offer situations.

Off Market Properties

Although Denver is a big city, the elite real estate community is not. Working with us gives you access to exclusive properties that are not on the market.

Home Buyer's Guide

Step 1. Loan Pre-approval (Skip to Step 2 if you are an all-cash buyer)

The first step is to contact a lender (mortgage broker or bank) to get pre-approved for a loan. Your loan officer will review your financials (income, debt, savings, credit score, etc.) to determine the amount that you can borrow. Based on this, we can figure out your budget for your home purchase. Your loan officer will issue you a pre-approval letter stating the loan amount you qualify for and you will need to submit this letter whenever you make an offer on a property. It is important to do this step first because you may find out that you qualify for more or less than you thought, and if you have any issues that may prevent you from qualifying, we can figure how we can fix these problems.

Step 2. Property Search

Once you have your budget, you can start your property search! We will send you any listings that fit your criteria and schedule appointments to show you any property you are interested in.

Step 3. Offers and Escrow

When we find the right property, we will submit an offer contract along with:

  1. Pre-approval Letter
  2. Statement or Screenshot of your bank account, investment account showing the down payment amount
  3. Credit report showing FICO score (optional, but helpful!)

Some of the important terms of the offer contract to be aware of:

  • Escrow Period – This is the number of days from the date of acceptance that the closing date falls on. The escrow company is the third-party company that is handling the transaction process for us.
  • Inspection Contingency Period – Once you have an accepted offer, you have a set amount of time to bring any inspectors, contractors, family members, etc. to come look at the house. If you find anything wrong with the house, you can request for the seller to repair it or provide a credit to repair it, or if you cannot come to an agreement on terms, you can back out without losing your deposit within the contingency period. The shorter your inspection period, the more attractive your offer is to a Seller.
  • Appraisal Contingency Period – If you are getting a loan, you have a set amount of time for your lender to send an appraiser to the property to appraise the value of the property. If the property appraises for lower than your contracted purchase price, you have the opportunity to renegotiate the price with the seller, or back out without losing your deposit if you cannot accept the appraised value.
  • Loan Contingency Period – If you are getting a loan, you have a set amount of time to get your final loan approved through your lender. This is why it is so important to get pre-approved and send all your documentation into your lender ahead of time. If for some reason, after further review of all of your documentation, you cannot qualify for the loan, you can back out without losing your deposit.

Step 4. Final Walk Through and Closing!

A few days before the closing date, we will do a final walk through of the property to make sure that the condition of the property has remained the same (although this is not a condition of the sale). Around the same time, you will wire your final closing funds to escrow and your lender will wire your loan amount to escrow. We may receive the closing confirmation anytime during business hours on the closing day, it just depends on how far back in line we are with the county recorder’s office. Once escrow has all of the funds, they will schedule recording of the grant deed with the county. Once we receive confirmation of closing from the county, you are officially the homeowner and can receive your keys!

Work With Us

To us, client service is something we've strived for our entire career and we feel building a positive working relationship is the most important aspect of working with people, buying or selling. Please contact us anytime! We welcome the opportunity to assist with buying or selling (residential, commercial or land ). We have a flexible schedule and are happy to work for you in the beautiful Colorado area.