362 Westin Ave Lochbuie, Co 80603

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YOUR FRIENDLY NEIGHBORHOOD REALTOR

In a dynamic market with diverse home listings, you need an agent with the right connections, technology, and strategies to successfully sell your home Whether you're feeling overwhelmed and need someone to take charge or just need a second opinion, you can trust Tera and John, the right ReMax agents for any level of service in any market condition.

JOHN AND TERA REED REAL ESTATE AGENTS

“Tera and John were fantastic to work with! Very knowledgeable, helped in any way they could. I am so thankful they were so willing to go above and beyond to help me. I was out of state trying to sell my Colorado house, and they made everything so easy, I never worried about anything. I cannot recommend them enough!!!! Go with Tera and John for all your realtor needs.”

- Keith and Nicky

John Reed has been a licensed real estate agent since 2018 and has been with RE/MAX Momentum since then. Tera, licensed since 2015, also shares her expertise with RE/MAX Momentum. Tera's background in business management and as a small business owner led her to seek the flexibility of a real estate career. John previously worked as a Manufacturing Specialist IV with Emerson Process Management. Their natural approachability and passion for meeting new people make them a perfect fit for the real estate industry. They derive personal satisfaction from serving others and guiding clients through the real estate process. While some transactions can be more challenging, they often prove to be the most rewarding. Loyalty and integrity are their top priorities, which have been key to achieving their clients' goals.

Property Details

Maps

Local Schools

Community Utilities & Resources

Title & Escrow

The information contained is provided by WFG’s Customer Service Department to our customers, and while deemed reliable, is not guaranteed.

PROPERTY DETAILS

362 WESTIN AVE LOCHBUIE CO 80603

R3859805

WELD COUNTY CO

Owner Information

Owner Name: PRATER MICHAEL JOSEPH / Vesting:

Mail Address: 362 WESTIN AVE BRIGHTON CO 80603

Owner Status: OwnerOccupied

Location Information

Legal Desc: LOC 1BL L9 BLK11 BLUE LAKE

County: WELD

Census/Block: 001913 / 2080

Tsp-Rng-Sec: T01-R66-S25

Lot / Block: Lot: 9 Block: 11

Housing Tract: BLUE LAKE SUB FG NO 1

Last Market Sale

Date: 2016-06-16/2016-06-14

Sale Price: 251900

Document #: 2016.4211950

Doc Type: SPECIAL WARRANTY DEED

$ Sqft: $169.63

Prior Sale Information

Date: 2015-04-07/2015-04-06

Alt Parcel # 1471-25-1-11-009

School District: KEENESBURG RE-3J

Municipality:

Parcel #: R3859805

Lender: IMORTGAGE.COM, INC.

Loan: 247336

Document #: 2016.4211951

Loan Type: FEDERAL HOUSING ADMINISTR

Loan Term: 30

Lender: Price: 1130500

Document #: 2015.4096898

Loan:

Document #:

Doc Type: SPECIAL WARRANTY DEED Loan Type:

The above is believed to be accurate, but is not guaranteed. Copyright © 1995-2025 CDS Marketing,

362 WESTIN AVE LOCHBUIE CO 80603

R3859805

WELD COUNTY CO

Property Characteristics

Gross Area: 1885

Living Area: 1485

Above Grade: 1,885

Bedrooms: 3

Bath (F/H): 2/

Fireplace:

Year Built: 2016

Parking

Units: 1

Basement:

Property Information Land Use: SFR

and Assessment Information

Garage Area: Interior Wall

Roof Shape: Porch Type: PORCH

Foundation: Patio Type:

Roof Material: COMPOSITION SHINGLE Air Cond: CENTRAL

Construction: FRAME Fixtures:

362 WESTIN AVE LOCHBUIE CO 80603

MAPS

ASSESSOR MAP

This map/plat is being furnished as an aid in locating described land in relation to adjoining streets, natural boundaries and other land, and is not a survey of the land depicted. Except to the extent a policy of title insurance is expressly modified by endorsement, if any, the company does not insure dimensions, distances, location of easements, acreage or other matters shown thereon.

STREET MAP

This map/plat is being furnished as an aid in locating described land in relation to adjoining streets, natural boundaries and other land, and is not a survey of the land depicted. Except to the extent a policy of title insurance is expressly modified by endorsement, if any, the company does not insure dimensions, distances, location of easements, acreage or other matters shown thereon.

AERIAL MAP

This map/plat is being furnished as an aid in locating described land in relation to adjoining streets, natural boundaries and other land, and is not a survey of the land depicted. Except to the extent a policy of title insurance is expressly modified by endorsement, if any, the company does not insure dimensions, distances, location of easements, acreage or other matters shown thereon.

CITY BOUNDARY MAP

This map/plat is being furnished as an aid in locating described land in relation to adjoining streets, natural boundaries and other land, and is not a survey of the land depicted. Except to the extent a policy of title insurance is expressly modified by endorsement, if any, the company does not insure dimensions, distances, location of easements, acreage or other matters shown thereon.

SCHOOLS

362 WESTIN AVE LOCHBUIE CO 80603

R3859805

WELD COUNTY CO

Weld County Reorganized School District No. Re-3

Elementary School

Meadow Ridge Elementary School

1501 Fletcher Avenue LOCHBUIE CO 80603

Grades: PK to 02

Charter School: N

Middle School

Magnet School: N

Weld Central Middle School 4977 Weld County Rd 59, KEENSBURG, CO 80643

Grades: 06 to 08

Charter School: N

Magnet School: N

303-536-2400

Area Desc:

Distance: N/A

Title One: SWP

303-536-2700

Area Desc:

Distance: N/A

Title One: SWP

High School

Weld Central Senior High School 4715 Weld County Rd 59, KEENSBURG, CO 80643

Grades: 09 to 12

Charter School: N

Magnet School: N

303-536-2100

Area Desc:

Distance: N/A

Title One: SWP

Superintendent: GregRabenhorst

WeldCountySchoolDistrictRE-3J(3090) 11014THAVE,POBOX1022HUDSON,CO80642

OfficialPerformanceRating

Howareperformanceframeworkratingsdetermined?

Whatistheperformance framework?

ⓘ PerformanceIndicatorRatings

Howdidstudentsperformondifferentpartsofthe performanceframework?

Achievement: DoesNotMeetⓘ

Postsecondary& WorkforceReadiness: Approachingⓘ

Whatdoesthisratingmeanandhowdoesit comparetootherdistricts?

Growth: Approachingⓘ

DoesNotMeet Expectations Exceeds Expectations Meets Expectations Approaching Expectations

Howdothedifferentperformanceindicators factorintotheofficialperformancerating?

Whereisthedistrictfocusingits attention?

Whatissuesunderliethese challenges?

Whatstrategieshavebeenputin placetoaddressrootcauses?

PlanningandImplementationofDistrict AdoptedStandards-BasedCurriculum IncreasedTeacherVoiceandChoiceand ProfessionalDevelopmentOpportunities ImprovedInstructionthroughObservation andFeedback

Principal: JenniferForbes SchoolWebsite

2023PerformanceFrameworkResults

OfficialPerformanceRating

Howareperformanceframeworkratingsdetermined?

StudentswithDisabilities

Whatdoesthisratingmeanandhowdoesit comparetootherschools?

Whatistheperformance framework?

Howdidstudentsperformondifferentpartsofthe performanceframework?

Achievement: InsufficientDataⓘ

Growth: Approachingⓘ

DoesNotMeet Expectations Exceeds Expectations Meets Expectations Approaching Expectations

Howdothedifferentperformanceindicators factorintotheofficialperformancerating?

2023-24UnifiedImprovementPlan

Whereistheschoolfocusingits attention?

Whatissuesunderliethese challenges?

BehaviorSystems

BehaviorSystems

Whatstrategieshavebeenputin placetoaddressrootcauses? MAPMathData

Listcontinues.Clickbelowtoviewmore. DataDrivenInstruction Co-TeachingStrategies

Listcontinues.Clickbelowtoviewmore. ImplementingCKLAinallK-2ndGrade classrooms

SchoolBasedProfessionalDevelopment

Principal: KarlaSchriner

2023PerformanceFrameworkResults

OfficialPerformanceRating

Howareperformanceframeworkratingsdetermined?

StudentswithDisabilities

Whatdoesthisratingmeanandhowdoesit comparetootherschools?

Whatistheperformance framework?

PerformanceIndicatorRatings

Howdidstudentsperformondifferentpartsofthe performanceframework?

Achievement: DoesNotMeetⓘ

Growth: Approachingⓘ

DoesNotMeet Expectations Exceeds Expectations Meets Expectations Approaching Expectations

Howdothedifferentperformanceindicators factorintotheofficialperformancerating?

2023-24UnifiedImprovementPlan

Whereistheschoolfocusingits attention?

Whatissuesunderliethese challenges?

InsufficientBehavioralSupports

Listcontinues.Clickbelowtoviewmore.

NeedforincreasedeffectivenessinMTSS process

Needforincreasedengagement,ownership andaccessforallstudents.

WhatisUnified ImprovementPlanning?

Whatstrategieshavebeenputin placetoaddressrootcauses?

GuaranteedandViableCurriculuminAll ContentAreas

Increasestudentengagement,ownership andaccessforallstudents

Listcontinues.Clickbelowtoviewmore. IncreasedEffectivenessofMTSSProcess

Principal: DaleFleming SchoolWebsite

WeldCountySchoolDistrictRE-3J(3090):WeldCentralSeniorHighSchool(1446) 4715WELDCOUNTYROAD59KEENESBURG,CO80643

2023PerformanceFrameworkResults

OfficialPerformanceRating

Howareperformanceframeworkratingsdetermined?

Whatistheperformance framework?

PerformanceIndicatorRatings

Howdidstudentsperformondifferentpartsofthe performanceframework?

Achievement: DoesNotMeetⓘ

Postsecondary& WorkforceReadiness: Meetsⓘ

StudentswithDisabilities

Whatdoesthisratingmeanandhowdoesit comparetootherschools?

Growth: Approachingⓘ

DoesNotMeet Expectations Exceeds Expectations Meets Expectations Approaching Expectations

Howdothedifferentperformanceindicators factorintotheofficialperformancerating?

2023-24UnifiedImprovementPlan

Whereistheschoolfocusingits attention?

Improvetheculturearounddataand assessment

LowstudentachievementinELAandMath

Studentgraduationratesandworkforce readiness

Whatissuesunderliethese challenges?

AcademicandBehavioralSuccessinthe Classroom

LackofConnectednessandBelonginginthe SchoolSetting

Listcontinues.Clickbelowtoviewmore.

Parentoptoutandstudentlackofdriveto dowellonStatetesting

WhatisUnified ImprovementPlanning?

Whatstrategieshavebeenputin placetoaddressrootcauses?

Increaserigorandproficiencyinmathand languagearts

Parent/StudentCommunicationCampaign

ClickHeretoViewFullPeformanceFrameworkReport ClickHeretoViewFullUnifiedImprovementPlan

COMMUNITY

CITY OF LOCHBUIE

8,088

POPULATION

2020 Census Data

$79,126

MEDIAN INCOME

2023 Census Data

35.99 MEDIAN AGE

Census Data

The Town of Lochbuie is located in Weld and Adams counties in the state of Colorado. The town population was 8,088 at the 2020 United States Census. Lochbuie was developed in the 1960s as the Spacious Living Mobile Home Park and known as Space City until it was incorporated in 1974. The town was named Lochbuie after Lochbuie, Mull, in Scotland.

SCHOOL DISTRICTS

 Weld County School District RE-3J

 Weld County School District RE-1

 School District 27J

HOUSING

2023 Census Data

 93.54% of homes owner occupied

 6.46% of homes rented

POPULATION DENSITY

2023 Census Data

 2,200 inhabitants per sq. mile

 2,647 housing units at an average density of 713.47 per sq. mile

AGE DEMOGRAPHIC

2023 Census Data

 26.95% under age 18

 7.5% between ages 18 to 24

 30.21% between ages 25 to 44

 22.8% between ages 45 to 64

 12.57% above age 65

CITY QUICK FACTS

 22 Miles from Denver Airport

 3.71 square miles

 5,020 feet elevation

 Highest Average Temperature 90º

 Lowest Average Temperature 15º

Weld County is a county located in the state of Colorado. As of the 2020 census, the population was 328,981. The county seat is Greeley. Weld County comprises the Greeley, CO Metropolitan Statistical Area, which is included in the Denver–Aurora, CO Combined Statistical Area. On May 30, 1854, the Kansas–Nebraska Act created the Nebraska Territory and the Kansas Territory, divided by the Parallel 40° North (Baseline Road or County Line Road or Weld County Road 2 in the future Weld County). Present-day Weld County, Colorado, lay in the southwestern portion of the Nebraska Territory, bordering the Kansas Territory.

WELD COUNTY BASE MAP

362 WESTIN AVE LOCHBUIE CO 80603

362 WESTIN AVE LOCHBUIE CO 80603

362 WESTIN AVE LOCHBUIE CO 80603

UTILITIES & RESOURCES

LOCHBUIE UTILITIES

Emergency/Police/Medical/Fire 911

Poison Control (800)222-1222 www.aapcc.org

United States Postal Service (800)275-8777 www.usps.com

Xfinity (800)266-2278 www.xfinity.com

Spectrum (844)509-8921 www.spectrum.com

Dish Network (800)318-0572 www.dish.com

DIRECT TV

(800)531-5000 www.directtv.com

Greeley Tribune www.greeleytribune.com

Mountain Metro Transit (719)385-7433 www.coloradosprings.gov/ mountainmetro

Colorado Natural Gas (800)720-8193 www.coloradonaturalgas.com

Xcel Energy (800)895-4999 co.my.xcelenergy.com

United Power (30)3-637-1300 www.unitedpower.com

Lochbuie Water & Sewer

(303)655-9308 www.lochbuie.org/publicutilities

Republic Services (303)286-1200 www.republicservices.com

Weld County School District RE-3J

(303)536-2000 www.re3j.com

CHANGE OF ADDRESS

USPS

Below is the website if you would like to change your address online or you can visit your local post office, they will provide you with the change of address packet.

https://moversguide.usps.com

Benefits you will receive when you change your address online are:

 Exclusive mover savings coupons

 Safe and secure with identity verification by a simple $1.00 charge to your credit or debt card

 Email confirmation at the end of registration of your change of address

*Must have valid email address and credit card to register online.

Colorado Department of Transportation

Below is the website if you would like to change your address online or have any questions.

Region 1 and Headquarters

Denver/Central Colorado 2829 W Howard Place Denver, CO 80204 (303)759-2368

www.codot.gov

VOTER REGISTRATION

Below is the website if you would like to change your address online or you can fill out the paperwork provided and mail it back to your County Elections Office listed below.

sos.state.co.us/voter/pages/pub/home.xhtml

County Elections Office Contacts

Weld County 1250 H St Greeley, CO 80631 (970)304-6525

MOVING CHECKLIST

UTILITIES

 Electric

 NW Natural Gas

 Water District

 Sewer District

 Garbage Provider

 Cable/Satellite

 Fuel (Propane)

 Phone Services

 Internet

FINANCIAL INSTITUTIONS

 Banks and Credit Unions

 Credit Card Companies (including department store credit cards)

 Lenders (Mortgage, Home Equity, Auto, Student Loans)

 Insurance Companies (Health, Renters, Auto, Home, Medical, Dental, Disability, Life)

 Retirement (Pension plans, 401K, Social Security, Veterans Affairs)

 Investments (Investment Agencies and Brokers)

 Online Bill Payer

 Paypal

GOVERNMENT OFFICES

 US Post Office

 Department of Motor Vehicles (Obtain your driver’s license and change vehicle registration)

 IRS

 Passport Office

 Veteran Affairs

 Unemployment Office (If you are currently receiving unemployment benefits)

HEALTH

 Physician

 Pharmacies

SERVICE PROVIDERS

 Childcare

 Housecleaning Services

 Delivery Services

 Lawn Care Services

 Veterinarian

 Pool Service

MEMBERSHIPS

 Health Clubs

 Membership Clubs (AAA or similar)

 Community Groups (PTA, Neighborhood Associations, Civic Clubs)

 Children’s Extracurricular Activities (Dance Classes, Music Lesson, Sports Clubs)

SUBSCRIPTIONS

 Newspapers

 Magazine (USPS will only forward 2 months)

 Movie Subscriptions (Netflix, Blockbuster, etc)

 Book or Music Clubs

OTHER

 Friends and Family

 Employers (typically notify the Human Resources Department)

MOVING CHECKLIST

8 WEEKS BEFORE YOUR MOVE

 Inventory Sheets: Create an inventory sheet of all your belongings which need to be moved

 Research Moving Options: You’ll need to decide if yours is a do-it-yourself move or if you’ll be using a moving company.

 Request Moving Quote: Solicit moving quotes from as many moving companies and movers as possible. There can be a large difference between rates and services within moving companies.

 Discard Unnecessary Items: Moving is a great time for ridding yourself of unnecessary items. Have a yard sale or donate unnecessary items to charity.

 Packing Material: Gather moving boxes and packing material for your move.

 Contact Insurance Companies: You’ll need to contact your insurance agent to cancel/transfer your insurance policy.

4 WEEKS BEFORE YOUR MOVE

 Start Packing: Begin packing all things destined for your new location.

 Obtain Your Medical Records: Contact your doctor, physician, dentist and other medical specialists who may currently be retaining any of your family’s medical records. Obtain these records or make plans for them to be delivered to your new medical facilities if changing. Security is critical of personal records.

 Note Food Inventory Levels: Check your cupboards, refrigerator and freezer. Use up as much of your perishable food as possible.

 Small Engines: Service small engines for your move by extracting gas and oil from the machines. This will reduce that chance to catch fire during your move.

 Protect Jewelry and Valuables: Transfer your jewelry and valuables to a safety deposit box; you don’t want them to be lost or stolen during your move.

 Borrowed and Rented Items: Return items which you may have borrowed or rented. Collect items borrowed to others.

1 WEEK BEFORE YOUR MOVE

 Your Change of Address: Change your address with the USPS, DMV, Financial Institutions, Utilities, Government Offices, Health Care Service Providers, Memberships, Subscriptions and Insurance Provisions.

 Bank Accounts: Transfer or close bank accounts if changing banks. Make sure to have a money order for paying the moving company.

 Service Automobiles: If automobiles are to be driven long distance, you’ll want to have them serviced so you have a trouble-free drive.

 Cancel Services: Notify any remaining service providers (newspapers, lawn services, etc.) of your move.

 Travel Items: Set aside all items you’ll need while traveling. Make sure these are not packed on the moving truck..

 Contact Utility Companies: Set utility turnoff date, seek refunds and deposits and notify them of your new address.

MOVING DAY

 Plan Your Itinerary: Make plans to spend the entire day at the house or at least until the movers are on their way. Someone will need to be around to make decisions. Make plans for kids and pets to be at a sitters for the day.

 Review the House: Once the house is empty, check the entire house (closets, attic, basement, etc.) to ensure no items are left or no home issues exist.

 Double Check With Your Mover: Ensure the mover has the new property address and all of your most recent contact information, should they have any questions during your move.

 Vacate Your Home: Make sure utilities are off, doors and windows are locked and notify your real estate agent you’ve vacated the property.

 Questions To Ask: Where is the garage door opener? Where are the keys to the house, mailbox and other lockable area? Did you retrieve all keys from neighbors and friends?

RESOURCE GUIDE

AIRPORT

Denver International Airport (720) 730-4359 www.flydenver.com

Greeley-Weld County Airport (970) 336-3000 www.gxy.net

AUTO & DRIVER REGISTRATION

Department of Transportation (303) 759-2368 www.codot.gov

BUS SERVICE

Greeley-Evans Transit (970) 350-9287 www.greeleyevanstransit.com

Greyhound (800) 231-2222 www.greyhound.com

CABLE TV, INTERNET, PHONE & SATELLITE

Century Link (866) 963-6665 www.centurylink.com

Dish Network (800) 318-0572 www.dish.com

DIRECT TV (800) 531-5000 www.directtv.com

XFINITY (800) 266-2278 www.xfinity.com

CITY CONTACTS

Ault 970-834-2844

Berthoud 970-532-2643

Brighton 303-655-2000

Dacono 303-833-2317

Eaton 970-454-3338

Erie 303-926-2700

Evans 970-475-1170

Firestone 303-833-3291

Fort Lupton 303-857-6694

Frederick 720-382-5500

Garden City (970) 351-0041

Gilcrest 970-737-2426

Greeley greeleygov.com/contact-us

Hudson 303-536-9311

Johnstown 970-587-4664

Keenesburg 303-732-4281

CITY CONTACTS CONTINUED...

Kersey 970-353-1681

La Salle 970-284-6931

Lochbuie 303-655-9308

Longmont 303-776-6050

Mead www.townofmead.org

Milliken 970-587-4331

Northglen 303-451-8326

Nunn 970-897-2385

Pierce 970-834-2851

Platteville 970-785-2245

Severance 970-686-1218

Thornton 303-538-7200

Windsor 970-674-2400

COUNTY CONTACTS

Weld County (970) 400-4000 www.co.weld.co.us

RESOURCE GUIDE

EDUCATION

Briggsdale School District RE-10 www.briggsdaleschool.org

Eaton School District RE-2 www.eaton.k12.co.us

Greeley-Evans School District 6 www.greeleyschools.org

Johnstown-Milliken Weld School District RE-5J www.weldre5j.k12.co.us

Pawnee School District RE-12 www.pawneeschool.org

Platte Valley School District RE-7 www.pvre7.org/en-US

Prairie School District RE-11 www.prairieschool.org

School District 27J www.sd27j.org

St. Vrain Valley School District RE 1J www.svvsd.org

Thompson School District R-2J www.tsd.org

Weld County School District RE-1 www.wcsdre1.org/en-US

Weld County School District RE-3J www.re3j.com

Weld RE-9 School District www.weldre9.org

Weldon Valley School District RE-20J www.weldonvalley.org

Wiggins School District RE-50J www.wiggins50.k12.co.us

Windsor School District RE-4 weldre4.org/en-US

ELECTRICITY

United Power 303-637-1300 www.unitedpower.com

Xcel Energy (800) 895-4999 co.my.xcelenergy.com

GARBAGE

Waste Management Garbage (800) 482-6406 www.wm.com

Waste Connections (800) 457-1379 www.wasteconnections.com/ colorado

Pawnee Waste (970) 889-0006 www.pawneewaste.com

WATER & SEWER

See City Contacts

HOSPITALS

Banner North Colorado Medical 970-810-4121 www.bannerhealth.com

UCHealth Greeley Hospital 970.652.2000 www.uchealth.org

NATURAL GAS

Xcel Energy (800) 895-4999 co.my.xcelenergy.com

Atmos Energy (866) 322-8667 www.atmosenergy.com

NEWSPAPERS

Greeley Tribune www.greeleytribune.com

The Rocky Mountain Collegian www.collegian.com

RECREATION

& ATTRACTIONS

www.discoverweld.com

Hiking & Biking

Fishing & Boating

Birding

Golfing

Disc Golf

Swimming, Skating & More Camping

The Weld Legacy Trail

Firestone –St. Vrain State Park

Greeley-Houston Gardens

Frederick in Flight

Dacono Colorado National Speedway

Northern Weld Pawnee National Grasslands & Buttes

Greeley Union Colony Civic Center

TITLE & ESCROW

CYBER SECURITY

Because of you… we obsess over cyber security!

Cyber fraud and email hacking is on the rise. Fraudsters may access individual email accounts and monitor the life of your transaction. At the time funds are due to the escrow, fraudsters intercept the information for wiring funds and the fraudsters change the information without the knowledge of the sender or recipient, resulting in the funds being sent to an outside account and never credited to the intended party.

To protect and reduce your risk, WFG has implemented the following procedures for outgoing and incoming wires:

Outgoing Wire from WFG to seller or borrower for proceeds

In the escrow paperwork provided you will be asked to provide written instructions on how you want funds dispersed at the close of escrow. If you choose to have the funds sent via wire transfer, WFG will contact you by phone to confirm the wire information provided.

Incoming Wires from buyer and/or lender to WFG bank account

For funds that are to be wired to WFG for your transaction, we will send specific wire instructions to the remitting person via an encrypted email. We recommend you reach out to your WFG contact to confirm the wire instructions prior to remittance.

We look forward to processing your escrow transaction for you. We know that this can be a stressful time and we are here to assist you in any way we can to make this a good experience.

http://national.wfgnationaltitle.com/2016/04/05/obsess-cyber-security/

WIRE FRAUD

PROTECT YOUR MONEY WHEN BUYING A HOME: YOUR WIRE FRAUD CHECKLIST

Every day, hackers try to steal your money by emailing fake wire instructions. Criminals will use a similar email address and steal a logo and other info to make it look like the email came from your real estate agent or title company. You can protect yourself and your money by following the steps below.

Don’t send sensitive financial information via email.

Call, don’t email. Confirm your wiring instructions by phone using a known number before transferring funds.

We will never email wiring instructions to you nor change WFG account information after it’s been provided to you by our staff.

Keep your email account clean, remove any stale messages. Hackers can watch your business patterns and use this information against you.

Ask your bank to confirm the name on the account before sending a wire.

Call your title company or real estate agent within four to eight hours to confirm they have received your money.

This is for informational purposes only and should not be considered legal advice.

WHY IS OWNER’S TITLE INSURANCE IMPORTANT?

The purchase of a home is likely going to be one of the most expensive and important purchases you will ever make. You and your mortgage lender want to make sure the property is indeed yours and that no individual or government entity has any right, lien, claim, or encumbrance to your property.

The title insurance company’s function is to make sure your rights and interests to the property are clear, that transfer of title takes place efficiently, and correctly, and your interests as a homebuyer are protected. Title insurance companies provide services to buyers, sellers, real estate developers and builders, mortgage lenders, and others who have an interest in the real estate transfer. Title companies issue two types of policies - “Owners Policy” (which covers the homebuyer) and “Lenders Policy” (which covers the bank, savings and loan, or other lending institution over the life of a loan). Both are issued at the time of purchase for a one-time premium.

The title company conducts an extensive search of public records to determine if anyone other than you has an interest in the property before issuing a policy. The search may be performed by title company personnel using either public records, or more likely, information gathered, reorganized, and indexed in the company’s title “plant”. With such a thorough examination of records, title problems can usually be found and cleared up prior to purchase of the property. Once a title policy is issued, if for some reason any claim, which is covered under your title policy, is ever filed against your property, the title company will pay the legal fees involved in defense of your rights as well as any covered loss arising from a valid claim. That protection, which is in effect as long as you or your heirs own the property, is yours for a one-time premium paid at the time of purchase.

The title company works to eliminate risks before they develop. This makes title insurance different from other types of insurance. Most forms of insurance assume risks by providing financial protection through a pooling of risks or losses arising from unforeseen events, like fire, theft, or accident. The purpose of title insurance, on the other hand, is to eliminate risks and prevent losses caused by defects in title that happened in the past. Risks are examined and mitigated before property changes hands. Eliminating risk has benefits to both of you, the home buyer, as well as the title company. It reduces the chance adverse claims might be raised, and by doing so reduces the number of claims that have to be defended or satisfied. This keeps costs down for the title company and your title premiums low. With title insurance you are assured that any valid claim against your property will be taken on by the title company, and that the odds of a claim being filed is slim.

WHAT IS ESCROW

When your offer has been accepted and conveyed, escrow is opened. An escrow is an arrangement made under contract between a buyer and seller. As the neutral third party, escrow is responsible for receiving and disbursing money and/ or documents. Both the buyer and seller expect the escrow agent to carry out their written instructions associated with the transaction and also to advise them if any of their instructions are not being met, or cannot be met. If the instructions from all parties to an escrow are clearly set out, the escrow officer can proceed on behalf of the buyer and seller without further consultation.

TYPICAL ROLES IN THE CLOSING PROCESS

The Seller/Agent

• Delivers Purchase Sale Agreement to the escrow agent

• Prepares the paperwork necessary to close the transaction

• Approves the commitment for title insurance, or other items as called for by the Purchase Sale Agreement

The Buyer/Agent

• Deposits funds required to close with the escrow agent

• Executes the paperwork and loan documents necessary to close the transaction

The Lender

• Deposits loan documents to be provided by the buyer

• Deposits the loan funds

• Informs the escrow agent of the conditions under which the loan funds may be used

The Escrow Agent

• Clears Title

• Obtains title insurance

• Obtains payoffs and release documents for underlying loans on the property

• Receives funds from the buyer and/or lender

• Prepares vesting document affidavit on seller’s behalf

• Prorates insurance, taxes, rents, etc.

• Prepares a final statement (often referred to as the Closing Disclosure or CD) for each party, indicating amounts paid in conjunction with the closing of your transaction

• Forwards deed to the county for recording

• Once the proper documents have been recorded, the escrow agent will distribute funds to the proper parties

Escrow is the process that gathers and processes many of the components of a real estate transaction. The escrow agent is a neutral third party acting on behalf of the buyer and seller.

WHAT IS TITLE

Title insurance insures against financial loss from defects in title, liens, or other matters. It protects both purchasers and lenders against loss by the issuance of a title insurance policy. Usually, during a purchase transaction the lender requests a policy (commonly referred to as the Lender’s Policy) while the buyers receive their own policy (commonly referred to as an Owner’s Policy).

It will protect against lawsuits if the status of the title to a parcel or real property is other than as represented, and if the insured (either the owner or lender) suffers a loss as a result of a title defect. The insurer will reimburse the insured for that loss and any related legal expenses.

How is title insurance different than other types of insurance?

While the purpose of most other types of insurance is to assume risk through the pooling of monies for losses happening because of unforeseen future events (like sickness or accidents), the primary purpose of title insurance is to eliminate risks and prevent losses caused by defects in title arising out of events that have happened in the past. To achieve this, title insurers perform a thorough search and examination of the public records to determine whether there are any adverse claims (title defects) attached to the subject property. These defects/claims are either eliminated prior to the issuance of a title policy or their existence is excepted from coverage. The policy is issued after the closing of your new home, for a one time nominal fee, and is good for as long as you own the property.

What’s involved in a title search?

A title search is made up of three separate searches:

• Chain of Title – History of the ownership of the subject property

• Lien & Encumbrance Search – Discloses liens and encumbrances on the subject property

• Exceptions from Coverage Search –Includes Easements, Covenants, Conditions and Restrictions, etc.

After the three searches have been completed, the file is reviewed by an examiner who determines:

• If the Chain of Title shows that the party selling the property has the rights to do so.

• Whether there are any unsatisfied judgments on the Judgment and Name Search against the previous owners, sellers, or/and purchasers.

Rights established by judgment decrees, unpaid federal income taxes, and mechanics liens all may be prior claims on the property, ahead of the buyer’s or lender’s rights. The title search will only uncover issues in title that are of public record and therefore allowing the title company to work with the seller to clear up these issues and provide the new buyer with title insurance.

Once the searches have been examined, the title company will issue a commitment, stating the conditions under which it will insure title. The buyer, seller, and the mortgage lender will proceed with the closing of the transaction after clearing up any defects in the title that have been uncovered by the search and examination.

WHO PAYS FOR WHAT IN COLORADO

The examples below are typical. However, the real estate purchase agreement will ultimately determine who is paying for what expenses.

The Seller

• Real Estate Commission

• Document preparation fee for Deed

• Payoff of all loans in the seller’s name (or existing loan balance if being assumed by Buyer)

• Interest accrued to lender being paid off

• Statement Fees, Reconveyance Fees, and any prepayment penalties to Payoff Lender

• Home Warranty (according to contract)

• Any judgments, tax liens, etc. against the seller

• Tax proration (for any taxes unpaid at time of transfer of title)

• Any unpaid Homeowners’ Association dues

• Recording charges to clear documents of record against seller

• Any bonds or assessments (according to contract)

• Any and all delinquent taxes

• Notary Fees

Personal Property vs. Real Property

The Buyer

• Title Insurance Premium for Lender’s Policy

• Escrow Fee (one half)

• Document preparation (if applicable)

• Notary fees

• Recording charges for all documents in Buyers’ names

• Tax proration (from date of acquisition)

• Homeowners’ Association transfer fee

• HOA proration (from date of acquisition)

• All new loan charges (except those required by lender for seller to pay

• Interest on new loan from date of funding to 30 days prior to first payment date

• Assumption/Change of Record fees for takeover of existing loan (if applicable)

• Beneficiary Statement Fee for assumption of existing loan (if applicable)

• Inspection Fees (roofing, property inspection, geological)

• Home Warranty (according to contract)

• Fire Insurance Premium for first year

• Any bonds or assessments (according to contract)

The distinction between personal property and real property can be the source of difficulties in a real estate transaction. A purchase contract is normally written to include all real property; that is, all aspects of the property that are fastened down or which are an integral part of the structure. For example, this would include light fixtures, drapery rods, attached mirrors, and trees and shrubs in the ground. It would not include potted plants, free-standing refrigerators, washer/dryer, microwave, bookcases, lamps, etc. If there is any uncertainty whether an item is included in the sale or not, it is best to be sure that the particular item is mentioned in the purchase agreement as being included or excluded.

DISCLAIMER:

This information is provided for informational purposes only and no warranties are made.

TITLE VESTING

TENANCY IN SEVERALTY

Ownership of property vested in one person rather than held jointly with another.

JOINT TENANCY WITH RIGHT OF SURVIVORSHIP TENANCY IN COMMON

Parties need not be married; may be more than two persons.

Parties need not be married; may be more than two persons.

Also called sole tenancy.

The sole owner may use, encumber, rent, sell, and convey at their discretion.

The owner may transfer the property via a Will, Trust, or a Beneficiary Deed upon their death.

Each joint tenant holds an equal and undivided interest in the estate, unity of interest.

Upon death, the estate of the decedent must be “cleared” through probate or adjudication.

One joint tenant can partition the property by selling his or her joint interest.

Each joint tenant holds an undivided fractional interest in the estate. May be disproportionate interest e.g. 20% and 80%; 40% and 60%; etc.

Each tenant’s share can be conveyed, mortgaged, or devised to a third party.

Requires signatures of all joint tenants to convey or encumber the whole.

Requires signatures of all to convey or encumber the whole.

Estate passes to surviving joint tenants outside of probate.

No court action required to “clear” title upon the death of joint tenant(s).

Upon death, the tenant’s proportionate share passes to his or her heirs by will or intestacy.

Upon death, the estate of the decedent must be “cleared” through probate or adjudication.

DISCLAIMER – The foregoing contains informational examples only and is not to be construed as legal advice. Given the complexities involved in acquiring and holding legal title to real property, WFG strongly recommends that you seek legal advice from an attorney prior to doing so.

55 Madison Street, Suite 690

Denver, CO 80206 (720) 475-8325

NORTH

12050 N Pescos Street, Suite 110 Westminster, CO 80234 (720) 475-8350

8610 Explorer Drive, Suite 105

Colorado Springs, CO 80920 (719) 598-5355

7800 E Union Avenue, Suite 310 Denver, CO 80237 (720) 475-8300

3. DENVER TECH CENTER / COMMERCIAL
4.
METRO OFFICE
2. COLORADO SPRINGS OFFICE
1. CHERRY CREEK OFFICE

TABLE OF CONTENTS

Altos Market Report

WFG’s My Home

Talking House Tent Cards

CC&R’s (if applicable)

Notes

The information contained is provided by WFG’s Customer Service Department to our customers, and while deemed reliable, is not guaranteed.

THINGS TO REMEMBER

REPORT FOR 8/12/2025

Single-Family Homes

This week the median list price for Brighton, CO 80603 is $529,500 with the market action index hovering around 34. This is less than last month's market action index of 36 Inventory has increased to 82

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory

Real-Time Market Profile

Slight Seller's Advantage

Market Narrative

The market has been cooling over time and prices plateaued for a while Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Market Segments

Each segment below represents approximately 25% of the market ordered by price

Advantage

Median List Price

Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, look for a persistent up-shift in the Market Action Index before we see prices move from these levels.

Segments

In the quartile market segments, we see prices in this zip code have settled at a price plateau across the board. Prices in all four quartiles are basically mixed. Look for a persistent shift (up or down) in the Market Action Index before prices move from these current levels.

Price Per Square Foot

While prices have been basically flat, the price per square foot has been heading downward. While not a sign of broad strength in a market, larger homes are coming more available and buyers are tending to get more home for their money. 7-Day

Inventory

Inventory has been climbing lately. Note that rising inventory alone does not signal a weakening market. Look to the Market Action Index and Days on Market trends to gauge whether buyer interest is keeping up with available supply.

Market Action Index

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Not surprisingly, all segments in this zip code are showing high levels of demand. Watch the quartiles for changes before the whole market changes. Often one end of the market (e.g. the highend) will weaken before the rest of the market and signal a slowdown for the whole group.

Median Days on Market (DOM)

The properties have been on the market for an average of 68 days. Half of the listings have come newly on the market in the past 48 or so days. Watch the 90-day DOM trend for signals of a changing market.

Segments

It is not uncommon for the higher priced homes in an area to take longer to sell than those in the lower quartiles.

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CONSUMER EXPERIENCE TIMELINE

TRANSACTION CLOSED

GATHER UP

SIGNING SCHEDULED

CLOSE TO SIGNING

TITLE CLEARED

UPDATER INVITATION

TITLE REPORT DELIVERED

TRANSACTION STARTED

MIDPOINT FEEDBACK

EARNEST MONEY

Covenants, Conditions & Restrictions

We believe these are the correct conditions and restrictions.

However, no examination of title has been made and WFG National Title assumes no liability for any additions, deletions or corrections.

MASTER DECLARATION OF COVENANTS, CONDITIONS AND RESTRICTIONS FOR BELLA VISTA (A COMMON INTEREST COMMUNITY)

Declarant:

Association: Lochbuie Land I, LLC a Colorado limited liability company Bella Vista Master Association, a Colorado non-profit corporation

Type of Common Interest Community: Planned Community

THIS DECLARATION CONTAINS A MANDATORY ARBITRATION PROVISION IN SECTION 19.10 AND A WAIVER OF YOUR RIGHT TO A TRIAL TO A JUDGE OR TO A JURY AT SECTION 19.15. THIS ARBITRATION PROVISION AND WAIVER OF RIGHTS TO A TRIAL CANNOT BE AMENDED OR REMOVED WITHOUT CONSENT OF THE OWNERS AND THE MORTGAGE LIENHOLDERS.

After recording, return to: Ronald J. Snow, McGloin, Davenport, Severson and Snow, P.C., 1600 Stout Street, Suite 1600, Denver, Colorado 80202-3103

Attachments:

CONSENT(S) OF LENDER

Exhibit A - Legal Description of Annexable Property

Exhibit B- Legal Description of Development Property

Exhibit C - Easements and Licenses

Exhibit D - Bylaws of the Association

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