2023 Kentwood NoCo Buyer Book

AT KENTWOOD REAL ESTATE WE BELIEVE IN COMMUNITY.

THAT WE ACCOMPLISH MORE TOGETHER.

THAT DEEP ROOTS MATTER. WE INSPIRE PEOPLE TO IMAGINE THE NEXT STEPS IN THEIR LIFE JOURNEY.

A Trusted Brand

Founded in 1981 by five renowned Metro Denver real estate brokers, Kentwood Real Estate celebrated 40 years of excellence in 2021. The original office was headquartered in the Denver Tech Center, where operations continue today.

Over the years, key milestones for Kentwood Real Estate include the launch of a Cherry Creek office in 1998 and a Lower Downtown office, Kentwood City Properties, in 1999. In 2018 a Northern Colorado office was formed in Fort Collins. Kentwood Commercial, Denver Rental, Prosperity Home Mortgage, HomeServices Insurance and American Home Shield round out our full service company.

Kentwood Real Estate is a local brand that punches above its weight. With the reach of national and global affiliations and the strength of our highly experienced Kentwood brokers, you can trust that your real estate goals will be fulfilled. It’s time to take the next steps in your life journey.

Kentwood Real Estate

Kentwood Real Estate is an elite team of REALTORS® whose exceptional service, local expertise and deep community roots create a market advantage for clients.

From the beginning, Kentwood was built on the foundation of broker excellence. Only the most professional, ethical and knowledgeable topproducing brokers are selected to be affiliated with our esteemed brand.

Kentwood Real Estate is the exclusive Colorado affiliate of Berkshire Hathaway’s HomeServices of America. In 2016, the organizations aligned given our shared core values of trust, integrity, stability and longevity. HomeServices companies are independent brands under the Berkshire Hathaway umbrella, not franchises. We are owned and operated as a collective of the top real estate brands in the country, yet managed locally to maintain our independence of brand, community roots and deep local knowledge.

Kentwood is a member of Luxury Portfolio International® and Leading Real Estate Companies of the World®, the largest global network of premier locally branded companies, dominated by many of the world’s top-tier independent brokerages. The LeadingRE network spans more than 70 countries and includes 150,000 real estate professionals selling more property than any of the large national brands. We are also members of Who’s Who in Luxury Real Estate, a compendium of the finest residential real estate firms from around the world from local boutique brokerages to large international brands.

Active and respected in the industry, Kentwood Real Estate has a significant number of brokers serving on committees and Boards of Directors at local, state and national real estate associations including the Denver Metro Association of REALTORS®, Loveland-Berthoud Association of REALTORS®, Fort Collins Association of REALTORS®, Colorado Association of REALTORS®, and the National Association of REALTORS®.

At our core, Kentwood is built on the foundation of supporting our local community. The company and brokers are passionate in our commitment to supporting organizations that aid those in need, such as HomeAid Colorado, which supports nonprofits that create housing solutions and ancillary support for the homeless.

The Kentwood Cares Foundation was created with the dual mission of supporting both the internal Kentwood community of employees and brokers and the external community of nonprofit organizations. Kentwood brokers additionally volunteer and support over 170 local, national and international non-profit organizations.

Our brokers hold themselves to the highest standards in the real estate industry and remain committed to helping their clients, and each other, successfully reach their goals. Kentwood brokers are family and, as soon as you work with one, so are you.

Northern Properties

Our Northern Properties offi ce services all of Northern Colorado; from just north of Denver to the Wyoming border, an area characterized by a thriving economy, educated workforce, and recreational opportunities. Our Kentwood brokers provide you with the best real estate service you can find.

Boulder Valley

Kentwood Boulder Valley, our newest offi ce, is launching in early 2023 providing full service to the Boulder Valley and surrounding communities. With an experienced group of Boulder focused brokers, Kentwood Boulder Valley is the exciting next step for Kentwood clients.

Cherry Creek

Our Cherry Creek offi ce is found in the heart of a stimulating cosmopolitan community. We specialize in Central Denver neighborhoods known for their vibrant culture, accessible lifestyle and diverse architecture, and are seasoned professionals with in-depth knowledge of all areas of the Denver Metropolis.

Denver Tech Center

Our premier location in the Denver Tech Center enables Kentwood’s leading brokers to serve clients in the vibrant southern sector of metro Denver in grand fashion. From Cherry Hills to Greenwood Village to Castle Pines Village and points in between, it’s an area characterized by unique communities and extraordinary amenities.

City Properties

Our City Properties offi ce is conveniently located across from Union Station, providing access to Denver’s most desired neighborhoods. From LoDo to Wash Park, Country Club, the foothills and more, we are Colorado’s premier source for “city and city-close” Denver real estate.

Rooted in Excellence

Ethical

We affiliate with the top brokers in the marketplace and hold ourselves to the highest standards. Our values are worn on our sleeves to prove to our customers that we are there for them, and that we’ll always strive for an ethical solution.

Professional

We have never cut corners and we never will. No matter the size or scope of our clients’ needs, we provide first class service to all. When you walk through our doors you are valued – we are offering our trust. Our brokers are committed to helping our clients, and each other, successfully reach their goals. Kentwood brokers are family and, as soon as you work with one, so are you.

Local

We are nimble because we are part of the community, Colorado is our home. We believe in our communities and our hearts belong here. Our brand is local and will stay that way, but we’re able to bring the world to Colorado when we need to.

Quality

We are leaders, and guarantee a personal touch to every client – this is our passion. We adapt and bend to challenges, are problem solvers and dream makers. Through our affiliation with HomeServices of America, we have the backing of one of the most trusted brands in the world—Berkshire Hathaway.

Expert

We are able to offer our superior service because we are all at the top of our craft. We are knowledgeable, prestigious, and offer a full-service product – we are quality, not quantity, here to help our community. Luxury is in the eye of the beholder, and we are experts at luxury, locally and globally.

2022 Kentwood Totals

$2,241,910,479

42

years in business consecutive years with total sales over $2 billion

10 240+

top producing agents

2,402

20+

5 170+

average years of experience per agent strategically located offices

charitable causes supported

Share of Voice

Share of Voice, in public relations, is defined as the percentage of all online news and broadcast content about a company or brand, compared to that of its competitors, over a specified time period. This graph analyzes the volume of Kentwood and competitor coverage between

January 1, 2022-December 31, 2022 and illustrates Kentwood Real Estate’s commitment to being the real estate thought leader in the Colorado market.

Note: SOV should not include paid placement and advertising in the measurement.

927 EDITORIAL STORY MENTIONS

14.29 Million IMPRESSIONS LOCALLY & NATIONALLY $1.43M PUBLICITY VALUE

Kentwood Cares

The Kentwood Cares Foundation was launched in 2021 as a 501(c)3 non-profit supporting the internal community at Kentwood in times of emergency and the external communities we live and work in to support housing education and equity and to assist with community disaster relief.

Helping Family and Community Nonprofit organizations and Internal Stakeholders within the Kentwood Real Estate organization (and its affiliates). Applicants should meet the following criteria:

INTERNAL STAKEHOLDER

A staff member who was in an accident and requires medical deductible assistance.

A broker who must cease working due to family illness or emergency requiring the Broker temporarily step away from the business; or

Someone within the organization who incurred a major expense due to a natural disaster.

NONPROFIT ORGANIZATIONS

Not for profit organizations which advance safe and affordable housing programs for Colorado residents.

Which promote educational programs that encourage and support equity in housing.

Or who provide housing related disaster relief to our Colorado communities.

Organizations Supported by Kentwood Brokers

ACE Scholarships

African School Assistance Project

Alzheimer’s Association

American Heart Association

Amp The Cause

Anchor Center for Blind Children

ASPCA

Bags of Fun

Barth Hotel

Be the Gift

Big Brothers, Big Sisters of Colorado

Bonfils Blood Center

Boy Scouts Troop 199

Brent’s Place

Byers Middle School

Camp Wapiyapi

Cancer League of Colorado

Castle Rock Firefighters

Cherry Hills Land Preserve

Cherry Hills Village Elementary

Cherry Park

Children International

Children’s Hospital

Children’s Diabetes Foundation

City Lax

City Year

Civic Center Conservancy

Clyfford Still Museum

Coalition for the Homeless

Colorado Agency for Jewish Education

Colorado Cancer Foundation

Colorado Children’s Chorale

Colorado College

Colorado Haiti Project

Colorado Outward Bound School

Colorado Ovarian Cancer Alliance

Colorado Pet Pantry

Colorado Police Officer’s Foundation

Colorado Public Radio

Colorado Shares Food Drive

Colorado University Sustainable Excellence Initiative

Colorado Wind Ensemble

Community Shares of Colorado

CU Denver School of Business

Culture Haus

D.E.A. Survivors Fund

Dennison Elementary School

Denver Art Museum

Denver Bike Share - B Cycle

Denver Botanic Gardens

Denver CASA

Denver Children’s Home

Denver Dumb Friends League

Denver Film Society

Denver Hospice

Denver Kids

Denver Metropolitan Major League Baseball Stadium District Board

Denver Rescue Mission

Denver Urban Matters

DMK Rehoming

Don Miguel Charities

Downtown Denver Partnership

Eastern Star Masonic

Retirement Campus

Families First

First Descents

Flatirons Community Church

Food Bank of the Rockies

Food for the Poor

Forgotten Felines Rescue

Friends of Manual

Friends of Painting and Sculpture

Front Rangers Cycling Club

Girl Scouts of America

Girls, Inc.

Glery Ross Foundation

Global Down Syndrome Foundation

Golden High School

GoodWill Colorado

Greater Park Hill Community

GreenPeace

Habitat for Humanity of Metro Denver

High Line Canal Conservatory

Highland United Neighbors Inc.

HomeAid Colorado*

Hope’s Promise Orphan Ministries

Invest in Kids

Jewish Colorado Justice Rescue

Kempe Foundation

Komen Colorado

Ladies of Charity - Holy Ghost Church

Leukemia and Lymphoma Society

Littleton Life Center

LoDo Cares

LoDo District, Inc

Make-a-Wish Foundation

Maxfund Animal Adoption Center

Mercy Housing

Metro Caring

Mile Hi Youth Corp

Mile High Early Learning

Morris Animal Foundation

Most Precious Blood

Muscular Dystrophy - Samples

Concert

Museum of Contemporary Art

National Multiple Sclerosis Society

National Western Stock Show

NPR

NSCD

Optimist International

Parkinson’s Association of the Rockies

PetBucks

Plan JeffCo

Planned Parenthood of the Rocky Mountains

Porter Hospice Program

Pradera

Project Angelheart

Project Cure

Project Pave

Race for Research

Ralston Elementary School

RedLine

Regis Jesuit High School

Regis University

Rocky Mountain Feline Rescue

Roundup River Ranch

SafeHouse Denver

Salvation Army

SAME Café

Santa Claus Shop

Sara’s Home

Save the Children

Shining Stars Foundation

Shriners Hospital

Siena College

Smile Train

Soles 4 Souls

South Metro Food Bank

St. Jude Children’s Hospital

Temple Sinai

Tennyson Center

The Challenge Foundation

The Colorado Ballet

The Delores Project

The Humane Society of the United States

The Jewish Experience

The Kitchen Community

The Melanoma Research Foundation

The Third Way Center

Theodore Roosevelt Medora Foundation

There with Care

Toys for Tots

Unified Lacrosse

University of Notre Dame Charities

University of Wisconsin

Mile High Alumni

Veterans of Foreign Wars

Washington Park East Neighborhood Association

WeeCycle

West Middle School

Wild Animal Sanctuary

Wish for Wheels

Women Who Wine and Who are Charitable

Women’s Bean Project

Women for Women International

Women’s Global Empowerment Fund

World Wildlife Fund

Wounded Warrior Project

Zara Project

* HomeAid Colorado is Kentwood Real Estate’s corporate giving and volunteer partner

Kentwood Real Estate’s Diversity, Equity and Inclusion Council

In its commitment to addressing homeownership disparity in Colorado and the real estate industry, Kentwood Real Estate has formulated a Diversity, Equity and Inclusion (DEI) Council. The council is actively identifying and executing on initiatives to help underserved communities and to educate the brokers and staff through education, community activation and engagement, and by influencing policies.

Education is at the heart of the program. The DEI Council has created opportunities for internal conversations and meetings covering a range of topics including fair housing. Brokers are encouraged to attend at least one function per year held by community or real estate affiliated organizations that afford them the opportunity to learn or engage around diversity.

Kentwood Real Estate is a proud member of the Asian Real Estate Association of America (AREAA), the Colorado Association of Hispanic Real Estate Professionals (CAHREP), the National Association of Hispanic Real Estate Professionals (NAHREP®) Denver Chapter, the LBGTQ+ Real Estate Alliance and the National Association of Real Estate Brokers (NAREB). Kentwood Real Estate is passionate about and committed to advocating for diversity, equity and inclusion in the housing industry and beyond.

Buying with Kentwood

A Broker’s Responsibilities

Your Kentwood Broker will provide the luxury of personalized service and take care of it all, from specialized market knowledge to negotiating and closing your transaction.

EXPERT GUIDANCE

Frame a property search around what’s most important to you

Recommend lenders for pre-approval to help determine a realistic price range, strengthen your offer and lead to a faster closing

Search MLS in real time to find new properties that match your criteria

Preview properties, schedule appointments and accompany you to showings

Analyze comparable property values and advise you on current market conditions

Structure and prepare your offer, review disclosures and laws and deliver the contract

Negotiate skillfully on your behalf from offer to inspection and promote clear and frequent communication among all parties

Review title commitment, recommend home inspectors, facilitate lender approval and insurance coverage, and recommend attorneys or tax professionals as needed

Accompany you on your final walk-through

Attend your closing to help answer any questions

RESPONSIVENESS

Act in good faith at all times

Adhere to your instructions

Return calls, texts and emails promptly

Closely track dates and deadlines

ACCOUNTING

Receive and remit earnest money deposits

Receive and deliver all documents

in a timely manner

Review final settlement statements

LOYALTY

Place your interests above all others

Keep your personal information strictly confidential

Ensure that all parties to the transaction are fully informed about any material facts that may affect the transaction

Steps in the Kentwood Buying Process

Discuss Your Needs

Recommend Lenders For Pre-Approval

Search MLS and Other Sources For New Properties

Analyze Comparable Property Values

Decision to Buy Property And Prepare Offer

Review Disclosures And Laws

Determine Search Parameters

Determine Realistic Price

Preview Properties

Facilitate Faster Closing

Schedule & Join You At Showings

Facilitate Home Inspection

Deliver Contract to Seller Or Listing Agent

Negotiate On Your Behalf

Accompany You On Final Walk Through

Review Settlement Statement

Ensure Communication Among All Parties

Assist in Reviewing Title Commitment

Facilitate And Attend Closing

WELCOME HOME!

The People Involved and How Communication Takes Place

What is Wire Fraud?

Wire fraud is committed in order to defraud another person out of money or something else of value and is on the rise due to the high use of email and the internet for transactional and banking services.

HOW TO AVOID REAL ESTATE WIRE FRAUD

Stay aware of your communications and double check all email addresses you’re communicating with. Hackers who use spoof email accounts will switch around one or two letters of your Realtor®, Lender or title closer’s actual email address. Before responding to emails that seem a little off, have grammatical errors, or a false sense of urgency, double check the email address closely.

Use a reputable title company and either visit the title company in person or call the number listed on their website, do not use a phone number at the end of an email signature. When you’re ready for the closing, you can physically bring a cashier’s check into the title company or call the title company’s main line to clarify you have the correct wiring instructions.

Understand your Realtor’s means of communication. Your Realtor® will not suddenly begin to contact you in a new and different manner. The email address will not change toward the end of a transaction. You’ll also want to know how other parties involved will be communicating with you. Title companies and lenders should only be sending sensitive information via encrypted emails.

On the day of the wire transfer, don’t hesitate to pick up the phone and call the recipient to verify wiring instructions. Use the phone number you’ve been using throughout the process or call the title company or lender’s main line. Don’t use a phone number at the end of an email. Do not react to a suddenly urgent request – this is a red flag for fraud.

Always use strong passwords and ensure your agent is doing the same. It also wouldn’t hurt to change your password a few times throughout the transaction, or before a wire is sent. Finally, request your agent use a company email account, and not a free service such as Gmail, yahoo or Hotmail. You and your agent will be better protected by the use of a company email account.

Cybersecurity

In today’s digital world, cybersecurity is a top priority. That’s why we’ve equipped Kentwood Brokers with the tools and safeguards needed to ensure that every step of your transaction remains safe and secure. Email and wire fraud has become a nationwide epidemic, in an instant, all the money for the purchase of a home could be lost, and in many cases, it can never be recovered. Kentwood brokers understand these threats and know how to keep your money and personal information both safe and secure. Here’s how we do it:

Email – through multi-factor authentication, all Kentwood provided email accounts use an enterprise email system with multiple layers of security and policies that are specifically designed to thwart would-be hackers and any unauthorized email access.

HomeServices of America – Kentwood Real Estate is backed by HomeServices of America and Berkshire Hathaway. With over $600 billion in assets, we have the resources to give you industry leading security. In 2018 Kentwood successfully connected all 4 offices to an off-site SOC (Security Operations Center) for professional and real time 24/7/365 monitoring of our internal network and data to help prevent any unauthorized access or cyber-attacks. Additionally, Kentwood has implemented the top 20 CIS security controls and is continually researching new and ground breaking methods to strengthen our network and data security.

Our Digital Reach

All Denver Metro and Northern Colorado listings can be viewed 24/7 on the continually updated Kentwood.com. Kentwood has deployed cuttingedge technology in order to give you the most robust search tools, and information about brokers, home buyer resources, and market data. Get to know metro Denver and Northern Colorado by browsing through our in-depth community profiles. With our “Property Alerts” feature,

you can save searches, share properties, and automatically keep your Kentwood Realtor up to date with what you like. You can also create an account by using your Facebook or Google login information. The cornerstone of Kentwood.com is our Advanced Interactive Mapping (AIM) feature which provides a unique map-based property search that allows you to search for just the right home and neighborhood.

Kentwood.com

Real time, dynamic search functionality

Display of all property listing data on the map according to the search characteristics from your selection

The ability to draw custom search boundaries using the interactive ‘polygon’ search tool

Point-of-Interest Plotting, enabling the buyer to search for area shops, services and amenities such as restaurants and schools

Satellite photos of entire search areas as well as close-up “Street View” photographs of any neighborhood

Market Data And Statistics

Device Categories

346,017 USERS

52.1%

DESKTOP USERS

48%

MOBILE & TABLET USERS

98.55% NEW VISITS

755,152

4.39

2:29

Sources by Location

References for Buyers

General Steps in the Kentwood Buying Process

Select a buyer’s agent to represent your interests.

Begin your search for a new home before your existing home is under contract.

Discuss your needs. Make sure your broker fully understands what type of home will best suit you.

Learn all you can about the community you would like to live in.

Become pre-approved with a mortgage lender, as this will make you a more attractive buyer when making an offer.

9. 10.

Make an offer by submitting your contract through your Kentwood broker to the seller for review.

Finalize an official contract through your Kentwood broker. Submit earnest money as required.

Secure mortgage commitment.

Make preliminary moving plans with regard to utilities, insurance policies, etc.

Final inspection and closing.

About Your Offer

The written offer you submit to a seller becomes a binding sales contract if the owner accepts it.

Your Kentwood broker will ensure that your offer is complete and serves your best interests.

YOUR OFFER INCLUDES:

Address and legal description of the property

Price you are offering to pay for the property

Terms such as “all cash” or “subject to you obtaining a mortgage for a given amount”

Anticipated closing date when title will be transferred

Earnest money accompanying the offer and cash-at-closing balance required, as well as the form it is in, i.e. check or promissory note

Contract provisions stating which party is responsible for the title insurance, survey, property inspections and similar expenses

Type of deed to be conveyed

Other requirements specific to your sale. These might include special inspections, tax advice, or occasionally, attorney review, disclosure of specific environmental hazards, or other state-specific requirements

A provision that the buyer may make a lastminute walk-through inspection of the property just before closing

A time limit after which the offer will expire

Contingencies that state the sale will only go through if certain conditions are met

Common contract contingencies include the buyer obtaining specific financing from a lending institution, a satisfactory report by a home inspector, and an appraisal for at least the value of the contracted price

Information Every Buyer Should Know

AS THE BUYER, YOU MAY BE RESPONSIBLE FOR THE FOLLOWING EXPENSES ASSOCIATED WITH THE PURCHASE OF YOUR HOME:

PROPERTY INSPECTION

LEAD PAINT INSPECTION

$200 to $600 (Can vary depending upon square footage of property and number of inclusions)

$250 to $300

HOMEOWNER’S INSURANCE Varies

TITLE COMPANY REAL ESTATE CLOSING FEE $165

DOC FEE (STATE TAX STAMPS) $1 per $1,000 of sale price

PROPERTY TAXES

Will be a credit to you for the portion of the year that the seller owned the property

RECORDING FEE $150 to $200

KENTWOOD FLAT RATE COMMISSION $295 per transaction

SETTLEMENT COSTS ASSOCIATED WITH YOUR LENDER:

LOAN ORIGINATION FEE (OPTIONAL) $500 to $1,000

LOAN CLOSING FEE TO TITLE COMPANY $330

PRIVATE MORTGAGE INSURANCE (PMI) Required if loan amount is more than 80% of purchase price (discuss with lender)

UNDERWRITING FEE $250 to $500

APPRAISAL FEE

$550 to $750 depending on the size of the home

DOCUMENT PREPARATION $50 to $300

FLOOD CERTIFICATION FEE $11 to $20

LENDER’S TITLE INSURANCE POLICY $300 and up

CREDIT REPORT $16 (varies)

HAZARD INSURANCE Premium for one year

TAX CERTIFICATION $25

TAX SERVICE FEE $75 to $100

PRE-PAIDS:

RESERVE FUND FOR TAX ESCROW

PRE-PAID INTEREST

HAZARD INSURANCE ESCROW

2 to 8 months prepaid real estate taxes (May be received as credit from seller)

Interest on loan from closing date to end of month

Typically three months

Your Mortgage Payment Typically Includes

PRINCIPAL

The amount of money borrowed. Each month a portion of the principal is paid back. Over time, interest becomes a smaller part of the monthly mortgage payment, and more of the payment goes toward reducing the principal owed.

INTEREST

The cost of borrowing money, usually expressed as an annual percentage of the loan amount, for example, 4% or 6%. Principal and interest are amortized over a period of years, typically for 15 or 30 years.

PROPERTY TAXES

Taxes paid to a local government, usually a percentage of your property value, based on the mill levy. Your lender generally collects the taxes through your monthly payments and pays them directly to the local government. The amount of tax will vary depending upon where you live and the type of property you own.

HAZARD INSURANCE

An insurance policy that protects you from financial losses on your property that result from fire or other hazards.

PRIVATE MORTGAGE INSURANCE (PMI)

An insurance policy for down payments of less than 20% of the home price, which helps mortgage lenders recover some losses if a borrower fails to fully repay. Mortgage insurance makes it possible to buy a home with a low down payment.

Mortgage Application Checklist

AFTER YOUR LOAN OFFICER REVIEWS YOUR APPLICATION, ADDITIONAL INFORMATION MAY BE REQUIRED

Copy of signed sales contract with all addenda and amendments attached

Your address for the past two years

The name and address of your employer for the past two years

Social Security numbers for all applicants

W2 forms for the past two years

Copies of pay stubs for the most recent 30-day period

Copies of statements for most recent two months (or most recent quarterly statement) for bank accounts, mutual funds, brokerage accounts, retirement, etc. to identify the source of your down payment and asset reserves

All pages of the statements will be required, even if blank

Most recent two years federal tax returns, including all schedules. If applicable, most recent two years corporate or partnership federal tax returns, including K1s, for all companies in which the applicant has ownership interest

Copy of canceled earnest money check, both sides, or confirmation that a wire was deposited

Name, address, and phone number of current landlord, if applicable

Schedule of real estate

You also may be asked for information on VA loans, Certificate of Eligibility or DD-214, pending lawsuits, former bankruptcies or foreclosures, rental leases, and divorce decrees outlining child support or alimony

Name and number of the insurance agent you will be using for your homeowners insurance

A Quick Guide to Agency Terms

SELLER’S AGENT

A seller’s agent works solely on behalf of the seller to promote the interests of the seller with the utmost good faith, loyalty and fidelity. The agent negotiates on behalf of and acts as an advocate for the seller. The seller’s agent must disclose to potential buyers all adverse material facts actually known by the agent about the property. A separate written listing agreement is required which sets forth the duties and obligations of the broker and the seller.

BUYER’S AGENT

A buyer’s agent works solely on behalf of the buyer to promote the interests of the buyer with the utmost good faith, loyalty and fidelity. The agent negotiates on behalf of and acts as an advocate for the buyer. The buyer’s agent must disclose to potential sellers all adverse material facts actually known by the buyer’s agent, including the buyer’s financial ability to perform the terms of the transaction and, if a residential property, whether the buyer intends to occupy the property. A separate written buyer agency agreement is required which sets forth the duties and obligations of the broker and the buyer.

TRANSACTION-BROKER

A transaction-broker assists the buyer or seller or both throughout a real estate transaction by performing terms of any written, fully informing the parties, presenting all offers and assisting the parties with contracts without advising, including the closing of the transaction without being an agent or advocate for any of the parties. A transaction-broker must use reasonable skill and care in the performance of any oral or written agreement, and must make the same disclosures as agents about all adverse material facts actually known by the transaction-broker concerning a property or a buyer’s financial ability to perform the terms of a transaction and, if a residential property, whether the buyer intends to occupy the property. No written agreement is required, but Colorado’s Real Estate Commission encourages one.

CUSTOMER

A customer is a party to a real estate transaction with whom the broker has no brokerage relationship because such party has not engaged or employed the broker, either as the party’s agent or as the party’s transaction-broker. The broker must treat a customer to a transaction with honesty and fair dealing.

You Need Expert Assistance Throughout Your Transaction

A real estate transaction can be an incredibly complex journey loaded with unexpected bumps and turns. Your Kentwood broker will guide you down the best path and through any difficulties that may come up. A Buyer Broker knows the market, and will work with you to understand your wants and needs and work in your best interest, saving you time, money, and headaches.

QUESTIONS A BUYER BROKER SHOULD BE ABLE TO ANSWER

What Federal and State Disclosures will a seller be required to make?

Lead Based Paint

Flood Zones

Foreign Investment in Real Property Tax Act (FIRPTA)

Agency Disclosures

Environmental Hazards including asbestos or radon

What financing challenges may need to be overcome?

Does the seller have a pre-payment penalty and who is responsible for paying it?

What happens if the appraisal comes in low?

What if a loan condition stalls closing?

What happens if there is a change in employment during the transaction?

What are examples of title issues?

Easements on the property that the buyer was unaware of at the time of the offer

Encroachments over the boundary lines

Liens that total more than the sales price or sellers’ proceeds

Mechanics liens placed by contractors for non-payment

Lis Pendens – public notice of a potential law suit that could impact title

Buyer Brokers do more than unlock doors! Stunning pictures can turn into dream homes, but there’s a complex transaction to get you there.

New Resident Information

When opening any account, it is advisable to have at least two pieces of identification: at least one with your photo and one with proof of your new address.

..............................

(Telephone & Internet) CenturyLink.com

City of Fort Collins Utilities 970-212-2900 (Gas, Electric, Water & Sewer) FCGov.org

Trash Collection and Recycling (Collected by Private Trash Haulers)

Gallegos Sanitation ..................... 970-484-5556 GSIWaste.com

Ram Waste Systems

Waste Management

970-226-3396

RamWasteSystems.com

970-482-6319 WM.com

PUBLIC SCHOOLS

United States Postal Service

800-ASK-USPS

800-275-8777

usps.com

Poudre School District

970-482-7420

psdschools.org

Thompson School District ............... 970 613-5000

ThompsonSchools.org

Weld RE-4 School Distric

All School Districts

970-686-8000

WeldRE4.org

GreatSchools.org

DIVISION OF MOTOR VECHICLES Vehicle License Information

Colorado.gov/dmv

MARRIAGE LICENSING

Larimer County Clerk & Recorder

970-498-7860

Larimer.org/Clerk

HOMEOWNER’S EXEMPTION PROPERTY TAX INFO

Larimer County Assessor’s Office

TRANSPORTATION

Income-Federal

Income-State

800-829-1040

Larimer.org/Assessor TAXES

303-238-7378

970-221-6620 (Bus & Lightrail) RideTransfort.com

Transfort

Airport Information - DEN

800-247-2336

303-342-2000

FlyDenver.com

VOTER REGISTRATION Voter Registration Information FCGov.org

GENERAL CITY OF FORT COLLINS SERVICES City of Fort Collins Services ............. FCGov.org

GENERAL CITY OF TIMNATH SERVICES City of Timnath Services

GENERAL CITY OF LOVELAND SERVICES City of Loveland Services

Timnath.org

GENERAL TOWN OF WINDSOR SERVICES Town of Windsor Services

GENERAL TOWN OF WELLINGTON SERVICES Town of Wellington Services

LovGov.org

WindsorGov.com

WellingtonColorado.gov

GENERAL CITY OF GREELEY SERVICES City of Greeley Services

GreeleyGov.com

Neighborhood Reference Guide

EXPLORE NORTHERN COLORADO’S COMMUNITIES

Colorado has many wonderful and beautiful cities that offer a wide variety of arts, culture, recreation and entertainment.

Lend Local. Prosper Local.

Prosperity Home Mortgage, LLC, is a full service mortgage banker specializing in residential and refinance loans, offering superior mortgage services to Kentwood clients. We offer a wide range of mortgage products and we have built a strong reputation for extraordinary service and professionalism. From application to closing, we pride ourselves on delivering a positive home financing experience every step of the way.

Conventional loans

Down payment assistance/bond options

FHA & VA loans

Fixed rate & adjustable rate mortgages

Guaranteed rural housing loans

Home equity lines of credit

Investor loan programs

Jumbo loans

Non-warrantable condos

Renovation loans

DAN DEXTER

Regional Mortgage Manager

303.520.5626

Dan.Dexter@PHMLoans.com

ANDREA BROST

Mortgage Consultant

720.369.4027

Andrea.Brost@PHMLoans.com

MICHAEL TAPP

Michael.Tapp@PHMLoans.com

JENNIFER GREEN

Mortgage Consultant

303.883.8846

Jennifer.Green@PHMLoans.com

SARA MCDONNELL

Mortgage Consultant

303.601.1025

Sara.McDonnell@PHMLoans.com

JOHN N. PAVLAKOVICH

Mortgage Consultant

720.308.2507

John.Pavlakovich@PHMLoans.com

Kentwood Core Services

Leader amongst elite-performing brokerages

Regarded as Colorado’s most respected real estate company, strengthened by four decades in the community, Kentwood provides the highest quality service and trustworthiness, producing matchless results across all our services. And while Kentwood is proudly rooted in Colorado, we affiliate with only the best nationally. Our parent company, HomeServices of America, a Berkshire Hathaway Affiliate, was recognized as the largest brokerage by transaction sides in the U.S. on the 2021 REAL Trends 500 list.

Kentwood’s Award-winning Relocation Services

Kentwood’s Relocation Department looks after the complete relocation needs of people moving to and from Denver. The Kentwood Relocation team is carefully trained in all aspects of individual, family, and corporate moves. We concentrate on the individual needs of each client to ensure that they find the right location and are happily settled into their new home.

Kentwood’s corporate clients range in size from a handful of employees to major moves of several hundred transferees. Utilizing the full resources of the Kentwood Relocation Department, Kentwood Real Estate provides the expert service and support to assist Denver’s corporations and their people as they change, grow and prosper. As an affiliate of the prestigious Leading Real Estate Companies of the World® network, Kentwood had consecutive years with total sales over $2 billion from 2013-2021. Those connections make us a national and global real estate company working on your behalf. Leading RE affiliates also lead in the number of sales, with 20% more transactions than the closest competitor.

Policy Administration

Home Sale Programs

Home Purchase Assistance

Household Goods Management

Settling-in Services

Pre-Decision Programs

Cost-of-Living Comparisons

Temporary Living

JASON EXLEY Director of Relocation

JExley@Kentwood.com

720.489.4613

Rental Assistance

Special Mortgage Programs

Homeowners Insurance

Group Move Management

Our four decade legacy continues to evolve through the dedication of our more than 200 seasoned and dedicated agents working through the Colorado marketplace. As proud members of Leading Real Estate Companies of the World and as an affiliate of Berkshire Hathaway, our connections to high quality professionals across the nation and throughout the world span more than 150,000 sales associates across all 50 states and more than 40 countries. As the leading real estate brokerage in Colorado, we are here to assist with your needs – today and in the future.

As the founder and leader of the home warranty industry for more than 50 years, American Home Shield is dedicated to providing world-class service and a focus on taking the hassle out of homeownership. We are proud to be a preferred home warranty provider for Kentwood Real Estate and we are here for your home warranty needs.

WE’RE A DIFFERENCE MAKER FOR HOMEOWNERS.

We listen to them, anticipate their needs, and fix their problems. And, American Home Shield doesn’t just have the needs of your customers in mind – our home warranties benefit real estate professionals, too. there’s a breakdown after closing, your client will contact us, limiting your liability and stress.

We provide plans that cover parts of home appliances and systems when they wear out, no matter their age. And if we can’t fix them, we’ll replace them. We also help with the issues that home insurance doesn’t, including breakdowns due to lack of maintenance, to make sure your clients have the protection they need to keep their homes running smoothly.

HOME SELLER BENEFITS:

• Mitigate unexpected, covered issues from the home inspection to help keep your sale on track.

• Market your listing more effectively by confirming your home is covered against unexpected, covered breakdowns.

• Maintain your budget by managing the potentially high costs of covered repairs on your included systems*.

• Focus on your next home and upcoming move.

*The Seller Coverage Option is limited to a $2,000 cap for all trades during the listing period.

Whether you are buying a home or shopping for a new insurance agent, HomeServices Insurance is here to help. As the in-house insurance agency for Kentwood Real Estate we are able to work directly with your real estate agent and other representatives to ensure a smooth, on-time closing. HomeServices Insurance is an independent insurance agency that is committed to helping you find the best possible insurance for your new home and other personal insurance needs. Our unique

CONSTANCE SQUIRES

HomeServices Insurance constance.squires@homeservices-ins.com

720.673.8139

history has afforded us a deep understanding of the individual insurance needs of a wide range of clients including the affluent, growing families, and those new to the home buying experience. Our insurance consultants collaborate with clients to understand their risk exposures, educate them on their options, develop insurance strategies deliver proper coverage, and provide ongoing service to change their plan as their life changes.