Whether you are buying your first home or a magnificent mountain home, you can trust Real Estate of Winter Park to deliver the style of service you expect and results you deserve. We understand that buying a home is one of the largest and most important decisions many people will make. Contact our office, conveniently located in downtown Winter Park, for expert assistance and additional information.
As buyers may look at properties in several areas, such as Winter Park, Fraser and Granby, our property listings benefit from our broad market exposure. Your realtor will offer you a thorough approach to buying property, designed to achieve the desired results at the best price as quickly and conveniently as possible.
Once you have decided to buy property in Grand County, the next factor will be to focus on your needs, desires and goals. One of our knowledgeable realtors can help you evaluate your priorities and research appropriate properties to satisfy requirements.
Topics you may wish to consider include which neighborhoods or areas would best suit your needs. There are many lifestyle choices available. If you value proximity, you may choose a neighborhood close to the ski resort, downtown businesses and attractions and/or schools. If you prefer more seclusion and privacy, you may choose a property close to the Arapaho National Forest.
You may review our listings by searching this web site and select the properties you would like to view in person. Our realtors would be happy to schedule showings at your convenience. Once you have selected the perfect property you wish to purchase, we can help you negotiate the contract, obtain financing and guide you through the closing process.
At Real Estate of Winter Park our goal is to make this transition as smooth as possible. Here are some tips that you may follow to make the search of finding your dream home seamless.Getting Started
Before you start looking for a home you should ask yourself a few questions:
Here are a few tips to help you get organized:
How much house can you afford?
A quick way to estimate the size of mortgage you qualify for is to take your gross monthly income (that's before taxes and other deductions) and multiply it by .28. This works out to just over 1/4 of your gross income.
Mortgage companies use something called qualifying ratios to determine how much they will lend you. Most mortgage companies use either a 28/36 ratio or a 25/33 ratio. The first number in each pair is the percentage of your gross income that the lender would consider acceptable as a monthly mortgage payment (i.e. if you make $3,000 per month, 28% of that is $840 per month).
The second number in each pair is used when all debt payments are considered, not just the mortgage. (i.e. if you make $3,000 per month, but also have a $250 a month car payment, 36% of $3,000 is $1,080, minus the $250 car payment equals $830).
As you can see, in this example the numbers work out to be almost the same. Obviously if you have more debt you would qualify for less.
Note: If an income or expense field does not apply to you, please leave it blank. All dollar figures should be entered in a monthly time period (i.e. if you earn $48,000 a year, place 4000 in the Salary field). This utility will give you an estimated mortgage payment you will qualify for. Note: The purpose of this information is to serve as a useful guide. For more exact, personalized information, please contact a certified mortgage representative.
Do you qualify for the First Time Home Buyers Tax Credit?
The Basics - talk with your Realtor for more information.
Why you should work with a Realtor®
Choosing a Realtor®
Since most people spend a fair amount of time with their Realtor, it's important to choose a Realtor you feel comfortable with, and one who is responsive to your needs. The following questions will help you decide if a particular Realtor is right for you:
Land Title Guarantee Company 970.722.0454
Stewart Title of Colorado 970.726.9800
Title Company of the Rockies 970.726.8077
Grand County Title and Escrow Company 970.726.0228
Clarion Mortgage Capital/Shelley Ervin 720.218.9249
Wells Fargo/Winter Park, Chris Rue 970.726.2007/303.880.5349
Cherry Creek Mortgage Company/Greenwood Village, Tom Schreiner 720.290.1900
Lake Dillon Mortgage Services, Inc./Kevin Doyle 303.339.5156/888.722.4749
*These names are only recommendations. We do not warranty or represent any of these businesses or services.