Displaying posts published in

September 2010

Role of the Real Estate Broker FAQ Buy a Home in Broomfield

www.BuyAHomeBroomfield.com – Appendix E learning about how to buy a home in Broomfield/Lafayette, Colorado: Role of the Real Estate Broker. Part of step-by-step how-to guide and Tutorial.

APPENDIX E – Role of the Real Estate Broker

Frequently, the first person you consult about buying a home is a real estate agent or broker. Although real estate brokers provide helpful advice on many aspects of home buying, they may serve the interests of the seller, and not your interests as the buyer. The most common practice is for the seller to hire the broker to find someone who will be willing to buy the home on terms and conditions that are acceptable to the seller. Therefore, the real estate broker you are dealing with may also represent the seller. However, you can hire your own real estate broker, known as a buyer’s broker, to represent your interests. Also, in some states, agents and brokers are allowed to represent both buyer and seller.

Predatory Lending: Buy a home in Broomfield/Lafayette

www.BuyAHomeBroomfield.com – Appendix D of learning to buy a home in Broomfield/ Lafayette/Arvada: Predatory Lending. Step-by-step guide when buying property in the Denver, Colorado area.

APPENDIX D – Predatory Lending when you buy a home in Broomfield

What Tactics Do Predators Use?

* A lender or investor tells you that they are your only chance of getting a loan or owning a home. You should be able to take your time to shop around and compare prices and houses.

* The house you are buying costs a lot more than other homes in the neighborhood, but isn’t any bigger or better.

* You are asked to sign a sales contract or loan documents that are blank or that contain information which is not true.

* You are told that the Federal Housing Administration insurance protects you against property defects or loan fraud – it does not.

* The cost or loan terms at closing are not what you agreed to.

* You are told that refinancing can solve your credit or money problems.

* You are told that you can only get a good deal on a home improvement if you finance it with a particular lender.

Broomfield, Colorado’s Denver area includes Lafatette and Arvada.

12 Ways to Lower Homeowners Insurance Costs in Broomfield

www.BuyAHomeBroomfield.com – Appendix C of step-by-step guide how to buy a home in Broomfield or Lafayette, Colorado: Lower Homeowners Insurance Costs. Learn how to buy property yourself.

APPENDIX C – 12 Ways to Lower Your Homeowners Insurance Costs


1. Shop Around


It’ll take some time, but could save you a good sum of money. Ask your friends, check the Yellow Pages or contact your state insurance department. (Phone numbers and Web sites are listed here.) National Association of Insurance Commissioners (www.naic.org) has information to help you choose an insurer in your state, including complaints. States often make information available on typical rates charged by major insurers and many states provide the frequency of consumer complaints by company.


The Broomfield and Denver, Colorado area includes the cities of Lafayette and Arvada.

11 Tips on Being A Smart Consumer Buying a Broomfield Home

www.BuyAHomeBroomfield.com – Appendix B of learning how to buy a home in Broomfield or Lafayette in the Denver, Colorado area: Be a smart consumer. This step-by-step guide is free.

APPENDIX B – 11 Tips On Being A Smart Consumer

Before you buy a home, attend a homeownership education course offered by the U.S. Department of Housing and Urban Development (HUD)-approved, non-profit counseling agencies.

The Denver and Broomfield, Colorado area includes the communities of Lafayette and Arvada.

Ten Questions to Ask Your Home Inspector in Broomfield

www.BuyAHomeBroomfield.com – Appendix A of learning how to buy a home in Broomfield Colorado. You can find a Home Inspector via Broomfield and Lafayette real estate agents in the Denver area.

APPENDIX A – Ten Important Questions to Ask Your Home Inspector

1. What does your inspection cover?

The inspector should ensure that their inspection and inspection report will meet all applicable requirements in your state if applicable and will comply with a well-recognized standard of practice and code of ethics. You should be able to request and see a copy of these items ahead of time and ask any questions you may have. If there are any areas you want to make sure are inspected, be sure to identify them upfront.

The Denver, Colorado area includes the communities of Broomfield, Lafayette, Arvada, etc.

Step 9 Finding A Home to Buy in Lafayette-Signing Papers

www.BuyAHomeLafayette.com – The last step in this series about how to buy a home in Lafayette is signing the papers. Your Real Estate Agent will give you an Agreement of Sale.

The last step in this nine step FAQ series about learning about homes for sale in Lafayette is signing the papers. Here are some important points to consider. The real estate broker probably will give you a preprinted form of agreement of sale. You may make changes or additions to the form agreement, but the seller must agree to every change you make. You should also agree with the seller on when you will move in and what appliances and personal property will be sold with the home.

Step 8 Buy a Home in Lafayette – Homeowners Insurance

http://www.BuyAHomeLafayette.com – Step 8 Homeowners Insurance. Shop around in the Denver area including Broomfield and Arvada. Real estate agents can also help you find homeowners insurance.

Step eight to buy a home in Lafayette is to shop for homeowners insurance. Be sure to shop around in the Denver, Colorado area which includes Broomfield and Arvada.