O UR M I SSI O N 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.
K E N T W O O D R E A L E S TAT E A T R U S T E D N A M E 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 2013-2017. The company looks forward to surpassing its previous records in 2018. 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. Kentwoodâ€™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 Denverâ€™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 nationâ€™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 broadbased 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.
k e n t w o o d r e a l e s tat e
UNIQUE NEIGHBORHOODS, AMENITIES, A N D A G R E AT LO C AT I O N C H A R A C T E R I Z E DENVER’S SOUTHERN SECTOR. A great location is more than a key prerequisite for home buyers – it is also a defining characteristic of the Kentwood Real Estate office in the Denver Tech Center. This premier location enables Kentwood’s leading real estate professionals to serve clients in the vibrant Southern sector of metro Denver in grand fashion. It’s an area characterized by remarkably unique neighborhoods, extraordinary amenities, and a lifestyle that enables residents to live, work and play in the same general area. The metro area’s Southern corridor offers multi-million dollar, custom homes in such communities as Cherry Hills Village, and elegant semi-custom homes in a variety of neighborhoods, plus gorgeous condominiums, patio homes and town homes, including many enclaves located within walking or cycling distance of retail, entertainment and recreational amenities. From Greenwood Village to Castle Pines Village and points in between, South metro is “The Place” to live for those seeking convenience and a lifestyle second-to-none. Access to Denver International Airport (DIA) is convenient and excursions to Colorado’s magnificent high country are quick and easy. The area boasts a wealth of championship golf courses, both public and private. There are numerous parks, tree-lined boulevards, and a remarkable array of restaurants ranging from gourmet dining to exciting brew pubs. South metro Denver also offers highly regarded schools, many cultural attractions, exciting community events year-round, and a citizenship dedicated to maintaining the highly desirable ambiance of each distinctive neighborhood. It’s an area prized by nearly every segment of the homebuying market, from empty nesters to growing families.
kentwood denver tech center
2 0 1 7 M A R K E T S H A R E T O TA L S
KENTWOOD REAL ESTATE
KELLER WILLIAMS DTC
RE/MAX CHERRY CREEK
HOME REAL ESTATE
SOURCE: BROKER METRICS Criteria: Arapahoe & Denver Counties
2017 CLOSED SALE S VO LUM E
2017 CLOSED SALE S T RANSAC T I O NS
N U M B
IN COLORADO FOR SALES VOLUME PER AGENT
When compared to RISMedia Real Estate Magazine’s 2017 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 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 2013 to 2017. The company looks forward to surpassing its previous records in 2018.
N ATI O N A L RA N K I N G • SA L E S VO LU M E P E R AS S O C I AT E COMPANY S TAT E
SA L E S AS S O CI AT E S
SA L E S VO LUM E
SA L E S VOLUME P E R ASSOCIAT E
1. Hilton & Hyland
2. Washington Fine Properties
3. Paragon Real Estate Group
4. KENTWOOD REAL ESTATE
5. Slifer Smith & Frampton
6. Hasson Company
7. Decker Bullock Sotheby’s International Realty
8. Today Sotheby’s International Realty
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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.
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 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 Golden High School GoodWill Colorado Greater Park Hill Community GreenPeace Habitat for Humanity of Metro Denver Highland United Neighbors Inc. 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 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 Stars Foundation Shriners Hospital Siena 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’s Global Empowerment Fund World Wildlife Fund Wounded Warrior Project Zara Project
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 SUPPORTED BY KENTWOOD AGENTS
BUYING WITH KENTWOOD CONFIDENCE IN THE BUYING P R O C E S S F R O M S TA R T T O F I N I S H
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.
• 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
• Act in good faith at all times • Adhere to your instructions • Return all calls and emails promptly • Closely 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
• Receive and monitor all earnest money deposits • Receive and deliver all documents in a timely manner • Review final settlement statements
• Structure and prepare your offer, review disclosures and laws and deliver the contract
L O YA LT Y
• 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
• 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
GENERAL STEPS IN THE KENTWOOD BUYING PROCESS
A S Y O U R A G E N T, I W I L L :
DISCUSS YOUR NEEDS
RECOMMEND LENDERS FOR PRE-APPROVAL
SEARCH MLS FOR NEW PROPERTIES
ANALYZE COMPARABLE PROPERTY VALUES
DETERMINE SEARCH PARAMETERS
DETERMINE REALISTIC PRICE
FACILITATE FASTER CLOSING
SCHEDULE & ACCOMPANY YOU TO SHOWINGS
REVIEW SETTLEMENT STATEMENT
ACCOMPANY YOU ON FINAL WALK THROUGH
DECISION TO BUY PROPERTY AND PREPARE OFFER VALUES
REVIEW DISCLOSURES AND LAWS
DELIVER CONTRACT TO SELLER OR AGENT
NEGOTIATE ON YOUR BEHALF
FACILITATE HOME INSPECTION
REVIEW TITLE COMMITMENT
ENSURE COMMUNICATION AMONG ALL PARTIES
THE PEOPLE INVOLVED AND HOW COMMUNICATION TAKES PLACE
ABOUT THE COMMISSION
SELLER TYPICALLY PAYS
LISTING AGENT’S BROKERAGE OFFICE
SOMETIMES BUYER PAYS
BUYER AGENT’S BROKERAGE OFFICE
OUR DIGITAL REACH KENTWOODâ€™S TECHNOLOGY HELPS YOU FIND THE PERFECT PROPERTY
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, home buyer 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
WEB TRAFFIC SOURCES
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 websiteâ€™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.
ORGANIC SEARCH 166,9 8 9
DIRECT TRAFFIC 302, 2 57
REFERRING SITES 81,562
SOCIAL TRAFFIC 46,52 3
TOTA L V I S I T S
2,743,322 4.59 3:41
PAG E V I E WS
AV E RAG E PAG E V I E WS P E R V I S I TO R
AV E RAG E T I ME O N S I T E (MI N U T E S)
SOURCES BY LOCATION
H I GHEST CONCEN T RAT I ON
597,804 V I S I T S F R O M 200 COUNTRIES / TERRITORIES
LOW ER CONCENTRATION
LOW EST CONCENTRATION
UNI TED STATES . . . . . . . . . 548,377
I NDI A . . . . . . . . . . . . . . . . . . . . . . . 2,528
C A NADA . . . . . . . . . . . . . . . . . . . . 8,502
RUSSI A . . . . . . . . . . . . . . . . . . . . . 1,835
B RAZI L . . . . . . . . . . . . . . . . . . . . . 4,636
FRANCE . . . . . . . . . . . . . . . . . . . . 1,545
UNI TED KI NG DO M . . . . . . . . . 3,668
G ER MANY . . . . . . . . . . . . . . . . . . 1,223
P H I L I PPI NES . . . . . . . . . . . . . . . 2,910
SWI TZER L AND . . . . . . . . . . . . . 1,175
AU STRAL I A . . . . . . . . . . . . . . . . . 2,668
THE MOBILE MOVEMENT OUR OWN SMARTPHONE A N D TA B L E T A P P S 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.
MOBILE VISITS Total mobile visits to DenverRealEstate.com increased 5% from 2016 to 2017:
MOBILE DEVICES Top mobile devices used to visit DenverRealEstate.com in 2017:
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REFERENCES FOR BUYERS ADDITIONAL HELPFUL I N F O R M AT I O N
SELECT A B UY E R â€™ S AGE NT TO R E P R E S E NT YOUR INTERE ST S.
MA K E A N O F F E R BY S U BMI T T I N G YO U R CO N T RAC T T H RO U G H YO U R K E N T WO O D AG E N T TO T H E S E L L E R FO R RE V I E W.
B EGIN YOUR SE ARC H FO R A NE W HOME B EFO R E YO UR E X I ST I NG HO M E IS UNDER CO NT RAC T.
F I N A L I Z E A N O F F I C I A L CO N T RAC T T H RO U G H YO U R K E N T WO O D AG E N T. S U BMI T E A RN E S T MO N E Y AS REQ U I RE D.
DISCUSS YO UR NE E DS. M AKE S UR E YO UR AGENT F UL LY UNDE R S TANDS WHAT T Y P E OF HOME WI L L B E S T SUI T YO U.
S EC U RE MO RTGAG E CO MMI T ME N T.
LEAR N ALL YO U C AN AB O UT T HE COMMUNITY YO U WO UL D L I KE TO L I VE I N.
MA K E P RE L I MI N A RY MOV I N G P L A N S W I T H REGA RD TO U T I L I T I E S , I N S U RA N CE P O L I C I E S , E TC .
B ECOM E P RE-AP P ROVE D WI T H A M ORTGAGE L E NDE R , AS T HI S WI L L M AKE YOU A M OR E AT T RAC T I VE B UY E R WHE N M AKING AN O FFE R .
F I NA L I NSP ECTI O N A ND CLOSI NG
GENERAL STEPS IN THE KENTWOOD BUYING PROCESS
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 state-specific 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:
P RO P E RTY IN SP ECTI ON
$200 to $600 (Can vary depending upon square footage
of property and number of inclusions)
L E A D PA IN T IN SPECTI ON
$250 to $300
H OM EOW N E R’S INSURANCE Varies T I T L E COM PA N Y REAL ESTATE CLOSI NG FEE $150 D O C FEE (STATE TAX STAMPS)
$1 per $1,000 of sale price
P RO P E RTY TA X ES
Will be a credit to you for the portion of the year
that the seller owned the property
R ECO RD IN G FEE
SETTLEMENT COSTS ASSOCIATED WITH YOUR LENDER
LOA N A P P L IC AT ION
$250 to $500
LOA N O RIG IN ATI ON FEE (OPTI ONAL)
$500 to $1,000
LOA N C LOSIN G FEE TO TI TLE COMPANY $330 P R IVATE M O RTGAGE I NSURANCE (PMI)
Required if loan amount is more than 80% of
purchase price (discuss with lender)
U N D ERW RITIN G FEE
$250 to $500
A PP RA ISA L F E E
$550 to $750 depending on size of home
D O C U M EN T P RE PARATI ON
$50 to $300
F LO O D C E RTIFIC ATI ON FEE
$11 to $20
L E N D E R’S TITL E I NSURANCE POLI CY
$300 and up
CRED IT RE P ORT
H AZA RD IN SU RA NCE
Premium for 1 year
TAX C E RTIFIC AT ION $25 TAX SERV IC E FEE
$75 to $100
R ESERV E FU N D FOR TAX ESCROW
2 to 8 months prepaid real estate taxes
(May be received as credit from seller)
P R EPA ID IN TEREST
Interest on loan from closing date to end of month
H AZA RD IN SU RA NCE ESCROW
Typically 3 months SOURCE: HOMESERVICES LENDING *COSTS ARE APPROXIMATIONS AND MAY VARY
YO U R M O R T G A G E PAY 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.
B r e a k d o w n o f m o r t g a g e p ay m e n t
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
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
AF TER YOUR LOAN O FFI C E R R E VI E WS YO U R A P P L I C AT I O N , A D D I T I O N A L I N FO RMAT I O N MAY BE REQ U I R E D.
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 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 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.
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 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.
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.
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
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.
AS S E S S O R
A public official who appraises property for tax purposes, determining the assessed value, not the tax rate.
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 L O A N
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 the buyerâ€™s inspection.
A loan made with real estate as security and not involving government participation in the form of insuring (FHA) or guaranteeing (VA) the loan.
A loan with the same rate of interest for the life of the loan.
I N T E R E S T R AT E C A P
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.
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.
The maximum interest rate charge allowed on an adjustable-rate loan for any one adjustment period during the life of the loan.
R E A LT O R
A member of the National Association of Realtors who subscribes to a strict code of ethics.
A mortgage that may be repaid in full at any time over the life of the loan without a pre-payment penalty.
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.
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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
C A B L E T V / S AT E L L I T E
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
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
HOMEOWNER’S EXEMPTIONS/ P R O P E R T Y TA X I N F O
TA X E S
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
T R A N S P O R TAT I O N
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 R E G I S T R AT I O N
GENERAL CITY OF DENVER SERVICES
VOTER REGISTRATION INFORMATION. . . . . . . . . . . . . . . . . . . . . . 720-913-8683 Kentwood.com/voterregistration
CITY OF DENVER SERVICES . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Dial 311
FOR MORE I NFORMATI ON, PLEAS E V I S I T W W W. D EN V ER REA LES TATE.COM / RELOC ATI ON
NEIGHBORHOOD REFERENCE GUIDE EXPLORE DENVERâ€™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.
E AS T
S Platte River Dr
15th St/18th St
S Platte River
Cherry Creek Dr S
S Steele St
CASTLE PINES NORTH
Daniels Park Road
CASTLE PINES VILLAGE
Country Club Pkwy
Santa Fe Drive
Daniels Park Road
CHERRY CREEK NORTH
CHERRY CREEK SOUTH
Cherry Creek Dr S
CITY PARK WEST
Brighton Blvd/Blake St Welton St
Lawrence St/Speer Blvd
S Platte River D
Green Oaks Dr
GREENWOOD VILLAGE - EAST
GREENWOOD VILLAGE - WEST
S Yosemite St
HIGHLANDS - POTTER
S Platte River Dr
HIGHLANDS - WEST
E AS T
WEST Federal Blvd
S Platte River Dr
Park Ave/Platte St
S Platte River Dr/20th St Speer Blvd
Santa Fe Dr
N Perry Park Rd
NORTH PARK HILL
Smoky Hill Rd
Plum Creek Pkwy
Lake Gulch Rd
Cherry Creek Dr S
Crowfoot Valley Rd
Smoky Hill Rd
17th / 19th Ave
SOUTH PARK HILL
Happy Canyon Rd
Smoky Hill Rd
County Line Rd
23rd/ 26th/ Welton
Downing St/York St
Cherry Creek Dr S
S Colorado Blvd/Quebec
WASH PARK - EAST
WASH PARK - WEST
I-25 / Mississippi Ave Broadway
WASHINGTON - VIRGINIA VALE
Cherry Creek N
WELLSHIRE / SOUTHERN HILLS
Dry Creek Rd
County Line Rd
GREEN VALLEY RANCH
ELYRIA SWANSEA I-70
I-25 WEST HIGHLAND
FIVE POINTS JEFFERSON PARK
NORTH CAPITOL HILL
WASH PARK WEST
SOUTH PARK HILL EAST COLFAX
SOUTH PLATTE UNIVERSITY
UNIVERSITY PARK SLAVENS
HARVEY PARK SOUTH
CITY PARK WEST
NORTH PARK HILL
NORTHEAST PARK HILL COLE
TO FORT COLLINS
Northern Suburban Areas
ENGLEWOOD CHERRY HILLS VILLAGE
CENTENNIAL GREENWOOD VILLAGE
DEER CREEK CANYON
PARKER CASTLE PINES
PINE CASTLE ROCK
TO COLORADO SPRINGS
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.