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WE ARE DENVER K E N T WO O D C H E R RY C R E E K


OUR MISSION W E A R E I N N O VAT O R S S E E K I N G U N PA R A L L E L E D M A R K E T I N G A N D S U P E R I O R I N T E R N E T T E C H N O LO GY, P O S I T I O N I N G O U R C L I E N T S AT T H E T O P.

Kentwood Real Estate is dedicated to the legacy of being “Colorado’s Premier Real Estate Company” through the highest producing, most knowledgeable, caring and experienced sales team in the country, offering the highest quality customer service experience.


ABOUT KENTWOOD REAL ESTATE


KENTWOOD IS A TRUSTED NAME I N M E T R O D E N V E R R E A L E S TAT E . Founded in 1981, Kentwood Real Estate recently celebrated 36 years as one of the most trusted names in Denver real estate. Kentwood had consecutive years with total sales over $2 billion from 2013-2016. The company looks forward to surpassing its previous records in 2017. Kentwood is comprised of over 190 top-producing real estate professionals operating from three strategically located offices in the metro Denver area. Our brokers and management team are dedicated to superior customer service and unmatched expertise in all segments of the market. We also offer comprehensive relocation services through our affiliation with the Leading Real Estate Companies of the World. Kentwood’s marketing programs, family environment, and long-term relationships with clients are also company hallmarks. A company is only as good as its people. Striving for excellence has become a tradition with Kentwood Real Estate. It shows in the performance of every Kentwood broker associate and each member of the support staff. Locally operated, with a strong and experienced support staff, Kentwood assists with every facet of a sale or purchase. The Kentwood professionals know the real estate business inside and out, and are unmatched in knowledge of the residential market in the Denver metro area. As Denver’s largest independent brokerage, we provide dedicated and personalized service. Reputation is what a successful real estate company is all about. Kentwood carefully selects its agents, who have achieved some of the nation’s highest real estate volumes and have established a reputation as individuals of dedication, integrity, and personalized service. Every Kentwood broker associate is full-time and averages 20 years of experience selling residential real estate. Kentwood professionals have also held numerous leadership positions in the industry, communities and neighborhoods, and are active in their local Boards of Realtors. The offices of Kentwood Real Estate are located in the Denver Tech Center, Cherry Creek North, and in lower Downtown Denver (the latter known to locals as LoDo). Kentwood Real Estate provides broad-based services to communities throughout the Denver metropolitan area. Looking ahead, the strength of Kentwood Real Estate comes not only from our past, but from our ability to embrace our future. Our ability to accurately project future trends affecting our customers and clients provides assurance that you are in the best possible hands. You will benefit from our knowledge and expertise in the latest areas of technology, market trends and relocation strategies while maintaining the good, old-fashioned customer service and personal attention that has earned Kentwood its prestigious reputation.


KENTWOOD CHERRY CREEK


FEW COLORADO NEIGHBORHOODS EXUDE THE C H A R M , P R E S T I G E A N D VA L U E F O U N D I N C E N TRAL DENVER NEIGHBORHOODS INCLUDING THE CHERRY CREEK AREA. Kentwood Real Estate at Cherry Creek is located in the heart of this vibrant and evolving cosmopolitan community. Our brokers not only specialize in Central Denver’s prestigious neighborhoods, they are also seasoned professionals with a broad depth of knowledge in all areas of the Denver Metropolis. Central Denver neighborhoods are known for their vibrant culture, walkable lifestyle and diverse architecture. Kentwood brokers know bungalows to midcentury modern, tudors to townhomes and new construction versus classic. Whether your agent is assisting you with a purchase or is marketing your home for sale, you can rest assured that you’re well represented. Our brokers’ extensive relocation knowledge generated from years of assisting transferees has fostered an ability to quickly assess the needs of our clients. We work with buyers and sellers in all areas of the Denver marketplace as a result of Kentwood’s strong national and international relocation connections. We realize success by providing you with the most dependable and effective residential real estate service possible. That is why Kentwood Real Estate is consistently rated the most productive Denver residential real estate company.


2 0 1 6 M A R K E T S H A R E T O T A L S Total $ Volume (By CMS Market Share) MKT 6.3%

SOURCE: BROKER METRICS Criteria: Arapahoe, Denver, Douglas County.

MKT 5.8%

1,800 1,700

MKT 5.6%

LIST SELL

1,600 1,500 1,400

MKT 4.3%

1,300 1,200 MKT 3.4%

1,100 1,000

MKT 3.2% MKT 2.6%

900 800

MKT 2.0%

700

MKT 2.0%

MKT 1.9%

600 500 400 300 200 100 0 Kentwood Real Estate

LIV Sotheby’s

Coldwell Banker

REMAX Professionals

Cherry Creek Properties

Keller Williams DTC

REMAX Alliance

REMAX Masters

Your Castle

Porchlight


2,35 2

6

2,32

2,23 1

2,164

2,611

2,75 3

3

2

3,27

1

3,01

2,97

6

2,76

2

2,78

3,776

3,99 6

5

4,48

2016

4,000

2015

1

2,05

,704

3,261 ,000

3,86 6

2,798 $1,12

$1,10

38,71 6

$904 ,0

$1,38

$1,7

$1,39 6,08 6,98 5

$1,40 1,071 ,170

8,219 ,060

$1,04

,651

$1,24 5,66 6,22 0

$1,06 9,58 3

21,4 97,5 69

$1,0

$1,0 24,3 70,15 2

16,3

18,5

$2,010,000,000

2014

2,82

$1,0 07,9 18,87 3

76 85,9 29,1 62

$2,3

81,2 98,8 67

82,4 31,9 84

$2,0

$2,1

$2,510,000,000

2013

3,500

2012

2011

2010

500

2009

2,500

2008

2007

2006

2005

2004

2003

2002

2001

2000

3,000 5

$1,510,000,000

2,76

$3,010,000,000

$2,221,517,683

$1,010,000,000

$510,000,000

2016 CLOSED SALES VOLUME

$10,000,000

4,500

3,905

2,000

1,500

1,000

2016 CLOSED SALES TRANSACTIONS

0

2016

2015

2014

2013

2012

2011

2010

2009

2008

2007

2006

2005

2004

2003

2002

2001

2000


N

U

M When compared to RISMedia Real Estate Magazine’s 2017

B

E

R

Power Broker Survey, Kentwood Real Estate ranked #1 in Colorado and #4 nationally for highest average volume sold per associate in 2016. Kentwood is comprised of three Denver

O

N

E

real estate offices, located in Downtown Denver, Cherry Creek and The Denver Tech Center with a total of 190 agents. Kentwood had four consecutive years with total sales over $2 billion from

IN COLORADO FOR SALES VOLUME PER AGENT

2013 to 2016. The company looks forward to surpassing its previous records in 2017.

NATIONAL

RANKING

SALE S

COMPANY S TAT E

VOLUME

SA L E S AS S O CI AT E S

PER

ASSOCIATE

SA L E S VO LUM E

SA L E S VOLUME P E R ASSOCIAT E

1. Hilton & Hyland

CA

150

$2,853,556,334

$19,023,709

2. Washington Fine Properties

DC

150

$2,262,614,090

$15,084,094

3. Paragon Real Estate Group

CA

162

$2,145,335,000

$13,242,809

4. KENTWOOD REAL ESTATE

CO

190

$2,221,517,683

$11,692,198

5. Slifer Smith & Frampton

CO

150

$1,646,846,423

$10,978,976

6. Hasson Company

OR

173

$1,854,529,396

$10,719,823

7. Decker Bullock Sotheby’s International Realty

CA

172

$1,825,986,949

$10,616,203

8. Today Sotheby’s International Realty

CA

81

$810,742,246

$10,009,164


GIVING BACK TO THE COMMUNITY Kentwood as a local company has always taken pride in being a good neighbor and today, Kentwood Real Estate continues to support numerous civic and community endeavors. Every year, Kentwood and its agents demonstrate their commitment to the community by volunteering and supporting local charities and events.


N O N P R O F I T S , C H A R I T I E S , C I V I C & C O M M U N I T Y E N D E AV O R S S U P P O R T E D B Y K E N T W O O D A G E N T S

ACE Scholarships African School Assistance Project Alzheimer’s Association American Heart Association Amp The Cause Anchor Center for Blind Children ASPCA 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 Civic Center Conservancy   Clyfford Still Museum Coalition for the Homeless Colorado Agency for Jewish Education Colorado Cancer Foundation 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 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 Golden High School GoodWill Colorado Greater Park Hill Community GreenPeace Habitat for Humanity of Metro Denver Highland United Neighbors Inc. Hopes 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 Mercy House 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 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 Santa Claus Shop Sara’s Home Save the Children Shining Starts Foundation Shriners Hospital Siena Smile Train Soles 4 Souls South Metro Food Bank St. Jude Children’s Hospital Temple Sinai Tennyson Center The Colorado Ballet The Delores Project The Humane Society of the United States The Jewish Experience  The Kitchen Community The Melanoma Research Foundation 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 Women Who Wine and Who are Charitable Women’s Bean Project Women’s Global Empowerment Fund World Wildlife Fund Wounded Warrior Project Zara Project


BUYING WITH KENTWOOD CONFIDENCE IN THE BUYING PROCESS

from start to finish


AN AGENT’S RESPONSIBILITIES Your Kentwood Agent 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

RESPONSIVENESS

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

• Act in good faith at all times

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

• Adhere to your instructions • Return all calls and emails promptly • Closeley track dates and deadlines

• Search MLS daily 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 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

ACCOUNTING

• Receive and monitor all earnest money deposits • Receive and deliver all documents in a timely manner • Review final settlement statements

L O YA LT Y

• 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


AN AGENT’S RESPONSIBILITIES Your Kentwood Agent will provide the luxury of personalized service and take care of it all, from specialized market knowledge to negotiating and closing your transaction.

GENERAL STEPS IN THE KENTWOOD BUYING PROCESS

SELECTION

of Kentwood Agent

As your Agent

I WILL:

DISCUSS YOUR NEEDS

RECOMMEND LENDERS FOR PRE-APPROVAL

SEARCH MLS FOR NEW PROPERTIES

ANALYZE COMPARABLE PROPERTY VALUES

DETERMINE SEARCH PARAMETERS

DETERMINE REALISTIC PRICE

PREVIEW PROPERTIES

PREVIEW PROPERTIES

FACILITATE FASTER CLOSING

SCHEDULE & ACCOMPANY YOU TO SHOWINGS

REVIEW TITLE COMMITMENT

ENSURE COMMUNICATION AMONG ALL PARTIES

NEGOTIATE ON YOUR BEHALF

ACCOMPANY YOU ON FINAL WALK THROUGH

REVIEW SETTLEMENT STATEMENT

FACILITATE CLOSING

DELIVER CONTRACT TO SELLER OR AGENT

FACILITATE HOME INSPECTION

MOVING DAY

DECISION TO BUY STRUCTURE AND PREPARE OFFER VALUES

REVIEW DISCLOSURES AND LAWS


AN AGENT’S RESPONSIBILITIES We will take the time to explain the different agency relationships you may have with your Kentwood agent.

T H E P E O P L E I N V O LV E D A N D H O W C O M M U N I C A T I O N T A K E S P L A C E

Buyer’s Agent

BUYER

Listing Agent

SELLER

TITLE COMPANY

LENDER

INSPECTOR

ABOUT THE COMMISSION

SELLER TYPICALLY PAYS

LISTING AGENT’S BROKERAGE OFFICE

LISTING AGENT

OCCASIONALLY BUYER PAYS

BUYER AGENT’S BROKERAGE OFFICE

BUYER’S AGENT


USING KENTWOOD MARKETING KENTWOOD’S TECHNOLOGY HELPS YOU FIND THE PERFECT PROPERTY

DenverRealEstate.com


A L L D E N V E R M E T R O L I S T I N G S can be viewed 24/7 on the continually updated DenverRealEstate.com. Kentwood has deployed cutting-edge technology in order to give you the most robust search tools, and information about brokers, homebuyer resources, and market data. Get to know Denver 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 DenverRealEstate.com is our Advanced Interactive Mapping (AIM) feature. Consumer studies show that home buyers prefer visually oriented, interactive property searches. We provide a unique map-based property search that allows you to search for just the right home and neighborhood.

D E N V E R R E A L E S TAT E . C O M C A N P R O V I D E A L L O F T H E T O O L S YO U N E E D FOR PRODUCTIVE PROPERTY SEARCHES, INCLUDING:

• 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 • Relevant information that aligns with your Denver lifestyle. Categories include Events, Restaurants, Things to Do, Theatre And Arts, Music And Concerts, and Sports


S E A R C H E N G I N E O P T I M I Z AT I O N ( S E O) Search Engine Optimization (SEO) is a system of methods used to enhance a website’s ranking in the natural search results of search engines. This includes optimizing many factors including the use of relevant keywords and making sites web compliant, to name a few.

2016 SEO Overview of DenverRealEstate.com SITE USAGE

568,187

53.25%

TOTAL VI SI T S

% NEW VISITS

3,049,631

5.37

4.52

PAGE VI E WS

AVG. PAG E V I E WS P E R V I S I TO R

AVG. T I ME O N S I T E (MI N U T E S)

WEB TRAFFIC SOURCES

33.4%

39.6%

22.1%

4.9%

ORGANIC SEA RC H 189, 628

DI R EC T T RA F F I C 224, 96 1

RE F E RRI N G S I T E S 1 2 5, 6 24

S O C I A L T RAF F IC 2 7, 8 9 3


S O U R C E S B Y LO C AT I O N

H IGHEST CONCEN T RAT I ON

LOW ER CONCENTRATION

LOW EST CONCENTRATION

568,187 VISITS

came from 200 countries / territories

UNI T E D S TAT E S . . . . . . . . . . . . 508,914

PH I L I PPI NES . . . . . . . . . . . . . . . . . 2,103

C H I NA . . . . . . . . . . . . . . . . . . . . . . . . 11,513

AUS TRAL I A . . . . . . . . . . . . . . . . . . . 2,040

RUS S I A . . . . . . . . . . . . . . . . . . . . . . . 11,194

UNI TED KI NG DO M . . . . . . . . . . . . 1,773

B RAZ I L . . . . . . . . . . . . . . . . . . . . . . . 5,687

SWI TZER L AND . . . . . . . . . . . . . . . . 1,719

C ANADA . . . . . . . . . . . . . . . . . . . . . . 4,802

G ER MANY . . . . . . . . . . . . . . . . . . . . . 1,484

I NDI A . . . . . . . . . . . . . . . . . . . . . . . . . 2,427

MEXI CO . . . . . . . . . . . . . . . . . . . . . . . . . 965


THE MOBILE MOVEMENT Kentwood knows that more than 50% of real estate searches are done on mobile devices. This makes mobile accessibility crucial to the real estate market.

OUR OWN SMARTPHONE AND TA B L E T A P P S As potential buyers search neighborhoods and discover properties, they expect to be able to get more information in real time on their mobile device. Kentwood’s comprehensive, easy to use mobile apps with custom search capability, puts relevent properties in the buyer’s hands.

MOBILE VISITS

MOBILE DEVICES

Total mobile visits to DenverRealEstate.com increased 8% from 2015 to 2016:

Top mobile devices used to visit DenverRealEstate.com in 2016:

239,808

222,408

117,091

58,650

47,073

iPhone

iPad

Android

120,000

250,000

100,000

200,000

80,000 150,000 60,000 100,000 40,000 50,000 20,000

2016

2015


REFERENCES FOR BUYERS ADDITIONAL

helpful information


GENERAL STEPS IN THE KENTWOOD BUYING PROCESS

1

2

3

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 agent fully understands what type of home will best suit you.

6

5

4

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

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

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

7

8

9

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

Secure mortgage commitment.

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

10

FINAL INSPECTION & CLOSING


ALL ABOUT YOUR OFFER The written offer you submit to a seller becomes a binding sales contract if the owner accepts it. Your Kentwood agent 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 statespecific requirements • A provision that the buyer may make a last-minute 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


I N F O R M AT I O N E V E RY B U Y E R S H O U L D K N O W As the buyer, you may be responsible for the following expenses associated with the purchase of your home: PROP ERTY INSP ECT I O N

$200 to $600 (Can vary depending upon square footage

of property and number of inclusions)

LE AD PAINT INSP EC T I O N

$250 to $300

HOM EOWNER ’S INSURANC E Varies T ITLE COM PANY RE AL E S TAT E C LOSI NG FE E $150 DOC F EE (STATE TAX STAM P S)

$1 per $1,000 of sale price

PROP ERTY TAX ES

Will be a credit to you for the portion of the year

that the seller owned the property

RECOR DING F EE

$150-$200

S E T T L E M E N T C O S T S A S S O C I AT E D W I T H YO U R L E N D E R : LOAN AP P LICATIO N

$250 to $500

CLOSING P OINTS O R LOAN O R I GI NAT I O N FE E

1% to 3% of loan amount

(O P TIONAL) LOAN CLOSING F E E TO T I T L E CO M PANY $330 PR IVATE M ORTGAGE I NSURANC E (P M I)

Required if loan amount is more than 80% of

purchase price (discuss with lender)

UNDERWR ITING F E E

$250 to $500

AP P RAISAL F EE

$300 to $500 depending on size of home

DOCUM ENT P R EPARAT I O N

$50 to $300

FLOOD CERTIF ICAT I O N FE E

$12 to $40

LE NDER ’S TITLE INS URANC E P O L I C Y

$300 and up

CREDIT R EP ORT

$16 (varies)

HAZAR D INSURANC E

Premium for 1 year

TAX CERTIF ICATIO N $25

PRE-PA IDS : RESERVE F UND FO R TAX E S C ROW

2-8 months prepaid real estate taxes

(May be received as credit from seller)

PR EPAID INTER ES T

Interest on loan from closing date to end of month

HAZAR D INSURANC E E SC ROW

Typically 3 months SOURCE: LAND TITLE GUARANTEE COMPANY *COSTS ARE APPROXIMATIONS AND MAY VARY


B R E A K D O W N O F YO U R M O R T G A G E PAY M E N T

Y O U R M O R T G A G E P AY M E N T T Y P I C A L LY I N C L U D E S :

P R I N C I PA L 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.

P R O P E R T Y TA X E S Taxes paid to a local government, usually a percentage of your property value, based on the mil 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.

P R I VAT E M O R T G A G E I N S U R A N C E ( P M I ) 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.


M O R T G A G E A P P L I C AT I O N C H E C K L I S T

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, when available

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

Estimates of value of real estate owned

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

AF T E R YO U R LOA N O FFICER REVIEWS YOUR AP P L ICATIO N, ADDI TI ONAL I NFORMATI ON MAY BE REQUI RED.


A QUICK GUIDE TO AGENCY TERMS

A seller’s agent works solely on behalf of the seller to promote the interests of the seller with SELLER’S AGENT

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 seller’s agent about the property. A separate written listing agreement is required which sets forth the duties and obligations of the broker and the seller.

A buyer’s agent works solely on behalf of the buyer to promote the interests of the buyer BUYER’S AGENT

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 or oral agreement, fully informing the parties, presenting all offers and assisting the parties with any contracts, including the closing of the transaction without being an agent or advocate for any of the parties. A transactionbroker 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.

A customer is a party to a real estate transaction with whom the broker has no brokerage CUSTOMER

relationship because such party has not engaged or employed the broker, either as the party’s agent or as the party’s transaction-broker.


A G LO S S A RY O F C O M M O N R E A L E S TAT E T E R M S

APPRAISER The person who decides the market value of a home based on its condition and the selling prices of comparable homes recently sold in the area. His or her job is to compute a fair estimate of market value to help the lender determine a reasonable loan amount.

CONTINGENCY A condition that must be met before a contract is binding. For example, the sale of a home might be contingent upon the seller paying for certain repairs, resulting from buyer’s inspection.

HOMEOWNER’S POLICY A multiple-peril insurance policy commonly called a package policy. Available to owners of private homes, it covers the dwelling and contents in case of theft, fire, or wind damage, as well as liability for property damage and personal liability.

POINT A point is a dollar amount paid to a lender for making a loan, each point being equal to one percent of the loan amount, also called a discount point.

ASSESSOR A public official who appraises property for tax purposes, determining the assessed value, not the tax rate.

CONVENTIONAL LOAN A loan made with real estate as security and not involving government participation in the form of insuring (FHA) or guaranteeing (VA) the loan.

I N T E R E S T R AT E C A P The maximum interest rate charge allowed on an adjustable-rate loan for any one adjustment period during the life of the loan.

CLOSING The conclusion of a real estate transaction, which includes delivery of a deed, financial adjustments, signing of notes and disbursement of funds necessary to the sale or loan.

F I X E D - R AT E LO A N A loan with the same rate of interest for the life of the loan.

OPEN MORTGAGE A mortgage that may be repaid in full at any time over the life of the loan without a prepayment penalty.

R E A LT O R

TITLE

A member of the National Association of Realtors who subscribes to a strict code of ethics.

Documentary evidence of the right to or ownership of property, which in real estate is the deed. Title may be acquired through purchase, inheritance, gift or exchange, as well as through foreclosure of a mortgage.


D E N V E R N E W R E S I D E N T I N F O R M AT I O N

CABLE TV / SATELLITE

COMCAST . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 800-934-6489 Xfinity.com DIRECT TV . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 888-777-2454 DirecTV.com DISH NETWORK . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 855-318-0572 Dish.com

UTILITIES 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.

CENTURYLINK . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 877-837-5738 (Telephone & Internet) CenturyLink.com XCEL ENERGY . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 800-895-4999 (Gas & Electric) XcelEnergy.com TRASH COLLECTION & STREET . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 720-913-8479 MAINTENANCE & RECYCLING Kentwood.com/trashrecycling WATER / SEWER . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 303-893-2444 DenverWater.org

POST OFFICES

PUBLIC SCHOOLS

UNITED STATES POSTAL SERVICE . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 800-ASK-USPS 800-275-8777 usps.com

DENVER PUBLIC SCHOOLS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 720-423-3054 dpsk12.org ALL SCHOOL DISTRICTS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . GreatSchools.org

DIVISION OF MOTOR VECHICLES

MARRIAGE LICENSING

HOMEOWNER’S EXEMPTIONS/ PROPERTY TAX INFO TAXES

VEHICLE LICENSE INFORMATION . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Colorado.gov/revenue/dmv

DENVER CLERK & RECORDER . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 720-865-8400 DenverGov.org/ClerkAndRecorder

DENVER COUNTY ASSESSOR’S OFFICE . . . . . . . . . . . . . . . . . . . . . . . DenverGov.org/assessor

INCOME-FEDERAL . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 800-829-1040 INCOME-STATE . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 303-238-7378


D E N V E R N E W R E S I D E N T I N F O R M AT I O N

TRANSPORTATION

REGIONAL TRANSPORTATION DISTRICT . . . . . . . . . . . . . . . . . . . 303-299-6000 (Bus and Lightrail) RTD-Denver.com AMTRAK . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 800-USA-RAIL (800-872-7245) Amtrak.com AIRPORT INFORMATION - DIA . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 800-247-2336 303-342-2000 FlyDenver.com

VOTER REGISTRATION

GENERAL CITY OF DENVER SERVICES

VOTER REGISTRATION INFORMATION . . . . . . . . . . . . . . . . . . . . . 720-913-8683 Kentwood.com/voterregistration

CITY OF DENVER SERVICES . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Dial 311

FO R M O R E I NFO R M AT I O N, P L E AS E V I S I T W W W. D E N V E RRE A L E S TAT E .CO M/ RE LO C AT I O N


NEIGHBORHOOD REFERENCE GUIDE EXPLORE DENVER’S COMMUNITIES Colorado has many wonderful and beautiful cities that offer a wide variety of arts, culture, recreation and entertainment. Following is a list of communities that offer these unique traits.


N E IGHB OR HOOD

NO RT H

SOUTH

E AS T

WEST

ALAMO PLACITA

6th Ave

Speer Blvd

Downing St

Pennsylvania Ave

BAKER

6th Ave

Mississippi Ave

Broadway

S Platte River Dr

BALL PARK

30th St

15th St/18th St

Lawrence/Welton

S Platte River

BELCARO

Cherry Creek Dr S

Mississippi Ave

Colorado Blvd

University Blvd

BELMAR

Alameda Ave

Virginia Ave

Ouray St

Wadsworth Blvd

BERKELEY

52nd Ave

46th Ave

Federal Blvd

Sheridan Blvd

BONNIE BRAE

Exposition Ave

Mississippi Ave

S Steele St

University Blvd

BYERS

Speer Blvd

Alameda Ave

Downing St

Broadway

CAPITOL HILL

Colfax Ave

7th Ave

Downing St

Broadway

CASTLE PINES NORTH

Grigs Road

Country Club

I-25

Daniels Park Road

CASTLE PINES VILLAGE

Country Club Pkwy

Santa Fe Drive

I-25

Daniels Park Road

CHAFFEE PARK

50th Ave

38th Ave

Inca St

Tejon St

CHEESMAN PARK

Colfax Ave

6th Ave

York St

Downing St

CHERRY CREEK NORTH

6th Ave

1st Ave

Colorado Blvd

University Blvd

CHERRY CREEK SOUTH

1st Ave

Cherry Creek Dr S

Colorado Blvd

University Blvd

CHERRY HILLS

Hampden Ave

Belleview Ave

Monaco Pkwy

Clarkson St

CITY PARK

23rd Ave

Colfax Ave

Colorado Blvd

York St

CITY PARK WEST

23rd Ave

Colfax Ave

York St

Downing St

CONGRESS PARK

Colfax Ave

6th Ave

Colorado Blvd

York St

CORY-MERRILL

Missississi Ave

I-25

Colorado Blvd

University Blvd

COUNTRY CLUB

8th Ave

Alameda Ave

University Blvd

Downing St

CRESTMOOR

6th Ave

Alameda/1st Ave

Monaco Pkwy

Holly St

CURTIS PARK

Brighton Blvd/Blake St

Welton St

Downing St

20th St

DOWNTOWN

Larimer/Park Ave

Colfax Ave

Broadway

Lawrence St/Speer Blvd

FIVE POINTS

38th Ave

20th Ave/Colfax

Downing St

S Platte River D

GLENMOOR

Glenmoor Dr

Belleview Ave

Glenmoor Dr

Glenmoor Cir

GOLDEN TRIANGLE

Colfax Ave

Speer Blvd

Lincoln St

Speer Blvd

GREEN OAKS

Green Oaks Dr

Orchard Rd

University Blvd

Clarkson St

GREENWOOD VILLAGE - EAST

Belleview Ave

Orchard Rd

Dayton St

I-25

GREENWOOD VILLAGE - WEST

Belleview Ave

Orchard Rd

I-25

Clarkson St

HALE MAYFAIR

Colfax Ave

6th Ave

Holly St

Ash St

HERITAGE HILLS

C-470

Lincoln Ave

I-25

S Yosemite St

HIGHLANDS - POTTER

38th Ave

Speer Blvd

S Platte River Dr

Federal Blvd

HIGHLANDS - WEST

38th Ave

29th Ave

Federal Blvd

Sheridan Blvd

HILLTOP

8th Ave

Alameda Ave

Quebec/Monaco

Colorado Blvd


N E IGHB OR HOOD

NO RT H

SOUTH

E AS T

WEST Federal Blvd

JEFFERSON PARK

Speer Blvd

Colfax Ave

S Platte River Dr

LODO/RIVERFRONT

Park Ave/Platte St

Lawrence St

S Platte River Dr/20th St

Speer Blvd

LOHI

38th Ave

23rd Ave

I-25

Federal Blvd

LOWRY

11th Ave

Alameda Ave

Dayton/Havana

Quebec/Oneida/Monaco

MAYFAIR

Colfax Ave

6th Ave

Holly St

Colorado Blvd

MEADOWS

Santa Fe Dr

Wolfensberger Rd

I-25

N Perry Park Rd

MONTCLAIR

Colfax Ave

6th Ave

Quebec St

Holly St

NORTH PARK HILL

MLK Blvd

23rd Ave

Quebec St

Colorado Blvd

OBSERVATORY PARK

Evans Ave

Yale Ave

Colorado Blvd

University Blvd

PINERY

Pinery Pkwy

Democrat Rd

Pinery Pkwy

Parker Rd

PINEY CREEK

Smoky Hill Rd

Orchard Rd

Buckley Rd

Parker Rd

PLATT PARK

I-25/Mississippi Ave

Evans Ave

Downing St

Broadway

PLUM CREEK

Plum Creek Pkwy

Tomah Rd

Lake Gulch Rd

I-25

POLO GROUNDS

Cherry Creek Dr S

Exposition Ave

Colorado Blvd

University Blvd

PRADERA

Raintree Cir

Carefree Trail

Cherry Creek

Crowfoot Valley Rd

PRESERVE

Belleview Ave

Orchard Rd

Colorado Blvd

Holly St

REGIS

52nd Ave

I-70

Federal Blvd

Harlan St

RINO

I-70

Park Ave

Arapahoe St

I-25

SADDLE ROCK

Smoky Hill Rd

Arapahoe Rd

E-470

Liverpool St

SLOAN’S LAKE

29th Ave

17th / 19th Ave

Federal Blvd

Sheridan Blvd

SOUTH PARK HILL

23rd Ave

Colfax Ave

Quebec St

Colorado Blvd

SOUTHMOOR PARK

Hampden Ave

Belleview Ave

Yosemite St

Happy Canyon Rd

STAPLETON

I-70

Montview Blvd

Havana St

Quebec St

STONEGATE

E-470

Stonegate Pkwy

Jordan Rd

Chambers Rd

SUNNYSIDE

I-70

38th Ave

Inca St

Federal Blvd

TALLGRASS

Hampden Ave

Quincy Ave

Picadilly Rd

Liverpool St

TALLYN’S REACH

Smoky Hill Rd

County Line Rd

Powhaton Rd

E-470

UNIVERSITY HILLS

I-25

Hampden Ave

I-25

Colorado Blvd

UPTOWN

23rd/ 26th/ Welton

Colfax Ave

Downing St/York St

Broadway

VIRGINIA VILLAGE

Mississippi Ave

Evans Ave

Cherry Creek Dr S

S Colorado Blvd/Quebec

WASH PARK - EAST

Alameda Ave

I-25

University Blvd

Downing St

WASH PARK - WEST

Alameda Ave

I-25 / Mississippi Ave Broadway

Downing St

WASHINGTON - VIRGINIA VALE

Alameda Ave

Cherry Creek N

Quebec St

Colorado Blvd

WELLSHIRE / SOUTHERN HILLS

Yale Ave

Hampden Ave

University Blvd

Colorado Blvd

WHITTIER

MLK Blvd

23rd Ave

York St

Downing St

WILLOW CREEK

Dry Creek Rd

County Line Rd

Yosemite St

Quebec St


DENVER METRO MAJOR AREAS

25

Northern Suburban Areas

THORNTON

E-470

WESTMINSTER

270

76

West 70 GOLDEN

70

DENVER

WHEAT RIDGE

70

AURORA LAKEWOOD

MORRISON

25

225

Suburban

ENGLEWOOD LITTLETON

470

CENTENNIAL

The Villages E-470

PARKER CONIFER

HIGHLANDS RANCH

25

West

THE PINERY

SEDALIA

CASTLE ROCK

Douglas County


WE ARE DENVER REAL ESTATE TM

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Kentwood Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Kentwood Cherry Creek / Buyer Book 2017  
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