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
6500 W MANSFIELD AVE #17 DENVER CO 80235
09014-17-017-000
DENVER COUNTY CO
School District No. 1 In The County Of Denver And State Of C
Denver is nicknamed the "Mile High City" because its official elevation is exactly one mile (5280 feet or 1609.344 meters) above sea level.[a][24] The 105th meridian west of Greenwich, the longitudinal reference for the Mountain Time Zone, passes directly through Denver Union Station. The 10-county Denver–Aurora–Lakewood, CO Metropolitan Statistical Area had a population of 2,963,821 at the 2020 United States census, making it the 19th most populous U.S. metropolitan statistical area
SCHOOL DISTRICTS
Denver Public Schools
Cherry Creek School District
HOUSING
19.55% of homes owner occupied
80.45% of homes rented
POPULATION DENSITY
3,922.6 inhabitants per sq. mile
338,341 housing units at an average density of 1,751 per sq. mile
AGE DEMOGRAPHIC
22.0% under age 18
10.7% between ages 18 to 24
36.1% between ages 25 to 44
20.0% between ages 45 to 64
11.3% above age 65
CITY QUICK FACTS
Most populous city in Colorado 19th most populous city in the United States
154.726 square miles
5,280 feet elevation
Highest Average Temperature 89.9º
Lowest Average Temperature 18º
The discovery in November 1858 of gold in the Rocky Mountains in Colorado (then part of the western Kansas Territory) brought on a gold rush and a consequent flood of white immigration across Cheyenne and Arapaho lands. Colorado territorial officials pressured federal authorities to redefine and reduce the extent of Indian treaty lands.
DENVER COUNTY BASE MAP
6500 W MANSFIELD AVE #17 DENVER CO 80235
09014-17-017-000 DENVER COUNTY CO Animal - Services
Stevenson, Carola M DVM - Bea5600 W Dartmouth Ave, #105303-985-33161.09
Luttgen, Patricia J DVM - Neu8045 W Hampden Ave303-989-46561.11
Pasek, Gerald DVM - Academy V3470 S Knox Ct303-789-18582.11
Lant, Pauline DVM - Banfield8500 W Crestline Ave, #k2303-971-00702.15
Johnson, Gary DVM - Centaurio5050 S Federal Blvd, #40303-794-81462.70
6500 W MANSFIELD AVE #17 DENVER CO 80235
09014-17-017-000 DENVER COUNTY CO
Coffee Shops
Credit Union of Colorado3100 S Sheridan Blvd, #1F303-832-48161.19 Mi
Starbucks: King Soopers-Denve3100 S Sheridan Blvd303-937-44001.20 Mi
Coffee Angels5066 S Wadsworth Way, #114303-948-97551.72 Mi
Starbucks: Belleview & Kiplin9914 W Belleview Ave, #A 1303-904-42061.76
Landing Chinese Restau3650 S Wadsworth Blvd303-988-08700.73
- Lakewood3601 S Wadsworth Blvd303-969-99550.75
Restaurant3580 S Wadsworth Blvd303-988-27620.77
Chicago3550 S Wadsworth Blvd303-988-34140.78
Golf Courses
Pinehurst Nine Hole Course at6255 W Quincy Ave303-985-15590.32
Eighteen Hole Course at Footh3901 S Carr St303-989-39011.16 Mi Raccoon Creek Golf Course7301 W Bowles Ave303-973-96842.23
Homestead, The11500 W Hampden Ave720-963-51812.24
Green Gables Country Club6800 W Jewell Ave303-985-15252.46
Grocers and Supermarkets
Supercenter7700 W Quincy Ave303-971-03210.82
Costco7900 W Quincy Ave303-933-49310.91
6500 W MANSFIELD AVE #17 DENVER CO 80235
09014-17-017-000
DENVER COUNTY CO
Grocers and Supermarkets
NameAddressTelephoneDistance
Vitamin Cottage Natural Groce3333 S Wadsworth Blvd303-989-48661.05 Mi
Albertsons-Sav-On - Food Cent3125 S Sheridan Blvd303-985-21431.18 Mi
King Soopers - Bear Valley Gr3100 S Sheridan Blvd303-937-44001.20 Mi
Health Clubs and Spas
NameAddressTelephoneDistance
TIS Fitness Systems6100 W Mansfield Ave, #31720-635-07490.31 Mi
Curves For Women7625 W Hampden Ave303-984-47600.95 Mi Bear Creek Swim & Tennis Club3180 S Pierce St303-988-98080.98 Mi
Lakewood Athletic Clubd100, 3333 S Wadsworth Blvd303-989-55451.05 Mi
Pilates Studio At Lac3333 S Wadsworth Blvd303-777-76371.06 Mi
Hospitals
NameAddressTelephoneDistance
Colorado Mental Hlth Institut3520 W Oxford Ave303-761-02201.97 Mi
Swedish Medical Center501 W Hampden Ave303-788-50004.10 Mi
Craig Hospital3425 S Clarkson St303-789-80004.91 Mi
Nextcare Specialty Hospital1601 Lowell Blvd303-899-51707.10 Mi
Children's Hospital1056 E 19th Ave303-861-88888.70 Mi
Hospitals - Acute Care NameAddressTelephoneDistance
Swedish Medical Center501 E Hampden Ave303-788-50004.73 Mi
Centura Health-porter Adventi2525 S Downing St303-778-19555.44 Mi
Orthocolorado Hospital At St11800 W 2nd Pl720-321-50006.13 Mi
6500 W MANSFIELD AVE #17 DENVER CO 80235
09014-17-017-000 DENVER COUNTY CO
Hospitals - Acute Care
Centura Health-littleton Adve7700 S Broadway303-730-89006.32
Centura Health-st Anthony Cen4231 W 16th Ave303-629-35116.95
-
Azura Of Lakewood7395 W Eastman
Nursing Center3701 W Radcliff Ave303-794-64841.87
Autumn Heights Health Care Ce3131 S Federal Blvd303-761-02602.60
Littleton Care And Rehabilita5822 S Lowell Way303-798-24972.94
Villa Manor Care Center7950 W Mississippi Ave303-986-45113.74
Luck, Kevin J DC - Complete C3600 S Wadsworth Blvd303-985-06460.71
So, Peter C DC - So Chiroprac2165 S Sheridan Blvd303-985-07642.40
Stucz, Peter W DC - Light-Tou2594 W Crestline Ave303-794-41313.29 Mi Wilson, Brian K DC - Broadway3601 S Broadway303-761-85214.37 Mi Retzer, Dale G DC - Retzer Da89 W Littleton Blvd, #B303-730-24144.78
Cathy7125 W Jefferson Ave #380303-989-56070.61
Joseph Andrew Asercion7125 W Jefferson Ave #380720-290-06900.61 Mi
6500 W MANSFIELD AVE #17 DENVER CO 80235
09014-17-017-000
DENVER COUNTY CO
Offices and Clinics of Dentists
Arendt, Paul H Dds7373 W Jefferson Ave, #-304303-986-00900.64 Mi
Jack M Allen7373 W Jefferson Ave #302303-988-92200.66 Mi
Anthony Charles Kardelis7373 W Jefferson Ave #404N/A0.66 Mi
Offices and Clinics of Medical Doctors NameAddressTelephoneDistance
Neurophychology Services7114 W Jefferson Ave303-989-24530.55 Mi
Marold, Donna B - Marold Donn3595 S Teller St720-963-95720.58 Mi
Arendt, Paul H DDS - Arendt P7373 W Jefferson Ave, #304303-986-00900.64 Mi
Davita Sundance Divisional Of3900 S Wadsworth Blvd303-985-19580.65 Mi
Kardelis, Tony C DDS - Kardel7373 W Jefferson Ave303-986-27650.66 Mi Pet Sitting Services
Koster, Jerry DVM - Cherrelyn4690 S Broadway303-781-78414.44 Mi
Bregitzer, Lee F DVM - Columb5546 W Canyon Trl303-979-40404.77 Mi
Pharmacies
Andre D. Nazarov Dmd.,ms.,pc7125 W Jefferson Ave303-989-56070.61 Mi
Academy Park Family Practice7373 W Jefferson Ave720-962-98400.66 Mi
Academy Of Creative Living3500 S Wadsworth Blvd303-987-03460.79 Mi
Wal-mart Stores Inc7700 W Quincy Ave303-971-03370.81 Mi
Costco Wholesale Corporation7900 W Quincy Ave303-948-27730.82 Mi
Places of Religion
UTILITIES & RESOURCES
DENVER 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) 934-6489
www.xfinity.com
Dish Network (800) 318-0572 www.dish.com
DIRECT TV (800) 833-4388 www.directtv.com
The Denver Post (303) 832-3232 www.denverpost.com
Regional Transportation District (RTD) (303) 299-6000
Denver County School District 1 (720) 423-3200 www.dpsk12.org
CHANGE OF ADDRESS
USPS
Below is the website if you would like to change your address online or you can visit your local post o ce, they will provide you with the change of address packet.
https://moversguide.usps.com
Bene ts you will receive when you change your address online are:
♦ Exclusive mover savings coupons
♦ Safe and secure with identity veri cation by a simple $1.00 charge to your credit or debt card
♦ Email con rmation 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 ll out the paperwork provided and mail it back to your County Elections O ce listed below.
sos.state.co.us/voter/pages/pub/home.xhtml
County Elections O ce Contacts
Adams County
4430 S Adams County Pkwy 1st Floor, Suite E3102 Brighton, CO 80601 (720) 523-6500
Arapahoe County 5334 S Prince St Littleton, CO 80120 (303) 795-4511
Boulder County 1750 33rd St, Suite 200 Boulder, CO 80301 (303) 413-7740
Broom eld County One DesCombes Dr Broom eld, CO 80020 (303) 438-6332
Denver County 200 W 14th Ave Denver, CO 80204 (720) 913-8683
Douglas County 125 Stephanie Place Castle Rock, CO 80109 (303) 660-7444
El Paso County 1675 W Garden of the Gods Rd Suite 2201 Colorado Springs, CO 80907 (719) 520-6202
Je erson County 3500 Illinois Street, Suite 1100 Golden, CO 80401 (303) 271-8168
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)
Retirement (Pension plans, 401K, Social Security, Veterans A airs)
Investments
(Investment Agencies and Brokers)
Online Bill Payer
Paypal
GOVERNMENT OFFICES
US Post O ce
Department of Motor Vehicles
(Obtain your driver’s license and change vehicle registration)
IRS
Passport O ce
Veteran A airs
Unemployment O ce
(If you are currently receiving unemployment bene ts)
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
(Net ix, 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 di erence 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 re 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 O ces, 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 turno 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 o , 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?
AIRPORT
RESOURCE GUIDE
Denver International Airport (720) 730-4359 www. ydenver.com
AUTO & DRIVER REGISTRATION
Department of Transportation (303) 759-2368 www.codot.gov
Arapahoe Marketplace 8505 E Arapahoe Rd Greenwood Village, CO
Arapahoe Crossings 6400-6700 S Park Rd Aurora, CO
Bowles Crossing 8055 W Bowles Ave Littleton, CO
Centennial Promenade 9555 E County Line Rd Centennial, CO
Chapel Hills Mall 1710 Briargate Blvd Colorado Springs, CO
Cherry Creek North 299 Milwaukee St Denver, CO
Cherry Creek 3000 E 1st Ave Denver, CO
Citadel Mall 750 Citadel Dr E Colorado Springs, CO
Colorado Mills 14520 W Colfax Ave Lakewood, CO
RESOURCE GUIDE
SHOPPING
Denver Pavilions 16th Street Mall and Glenarm Pl Denver, CO
Downtown Boulder Pearl Street and Broadway Boulder, CO
Festival Shopping Center 8110 S University Blvd www.festivalshoppingcenter.com
FlatIron Crossing One W Flatiron Crossing Dr Broom eld, CO
Heritage Hills 9227 Lincoln Ave Lone Tree, CO
Larimer Square 1430 Larimer Denver, CO
Marketplace at Northglenn 104th Ave and I-25 Denver, CO
Marina Square
8101 E Belleview Ave Denver, CO
Oakbrook
311 E County Line Rd Littleton, CO
Outlets at Castle Rock
5050 Factory Shops Blvd Castle Rock, CO
Park Meadows 8401 Park Meadows Center Dr Lone Tree, CO
Shops at Highland Walk 4000 Red Cedar Dr Highlands Ranch, CO
Southlands E Smoky Hill Rd and E-470 Aurora, CO
SHOPPING
Shops at Highland Walk 4000 Red Cedar Dr Highlands Ranch, CO
Southwest Plaza 8501 W Bowles Ave Littleton, CO
The Streets at SouthGlenn 6991 S Vine St Centennial, CO
Town Center at Aurora 14200 E Alameda Ave Aurora, CO
Twenty Ninth Street
Arapahoe Ave and 28th St Boulder, CO
Willow Creek 8200 S Quebec St Centennial, CO
Village at the Peaks 1250 S Hover Rd Longmont, CO
TRANSFER STATIONS
Colorado Springs Transfer Station
wmsolutions.com 1965 Commercial Blvd Colorado Springs, CO 80906
South Metro Transfer Station wmsolutions.com 2400 West Union Avenue Englewood, CO 80110
D&R Transfer Station wmsolutions.com 6091 Brighton Blvd Commerce City, CO 80022
VOTER REGISTRATION
Adams County 4430 S Adams County Pkwy 1st Floor, Suite E3102 Brighton, CO 80601 (720) 523-6500
Arapahoe County 5334 S Prince St Littleton, CO 80120 (303) 795-4511
Boulder County 1750 33rd St, Suite 200 Boulder, CO 80301 (303) 413-7740
Broom eld County One DesCombes Dr Broom eld, CO 80020 (303) 438-6332
Denver County 200 W 14th Ave Denver, CO 80204 (720) 913-8683
Douglas County 125 Stephanie Place Castle Rock, CO 80109 (303) 660-7444
El Paso County 1675 W Garden of the Gods Suite 2201 Colorado Springs, CO 80907 (719) 520-6202
Je erson County
3500 Illinois Street, Suite 1100 Golden, CO 80401 (303) 271-8168
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 con rm 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 speci c wire instructions to the remitting person via an encrypted email. We recommend you reach out to your WFG contact to con rm 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.
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 nancial information via email.
Call, don’t email. Con rm 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 sta .
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 con rm the name on the account before sending a wire.
Call your title company or real estate agent within four to eight hours to con rm 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 e ciently, 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 led 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 e ect 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 di erent from other types of insurance. Most forms of insurance assume risks by providing nancial protection through a pooling of risks or losses arising from unforeseen events, like re, 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 bene ts 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 satis ed. 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 led is slim.
WHAT IS ESCROW
When your o er 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 o cer 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 payo s and release documents for underlying loans on the property
• Receives funds from the buyer and/or lender
• Prepares vesting document a davit on seller’s behalf
• Prorates insurance, taxes, rents, etc.
• Prepares a nal 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 nancial 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) su ers 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 di erent 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 le 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 unsatis ed 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
• Payo of all loans in the seller’s name (or existing loan balance if being assumed by Buyer)
• Interest accrued to lender being paid o
• Statement Fees, Reconveyance Fees, and any prepayment penalties to Payo 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 rst payment date
• Assumption/Change of Record fees for takeover of existing loan (if applicable)
• Bene ciary Statement Fee for assumption of existing loan (if applicable)
• Any bonds or assessments (according to contract)
The distinction between personal property and real property can be the source of di culties 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 xtures, 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 Bene ciary 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)
The information contained is provided by WFG’s Customer Service Department to our customers, and while deemed reliable, is not guaranteed.
Denver,
REPORT FOR 7/31/2025
Single-Family Homes
This week the median list price for Denver, CO 80235 is $850,000 with the market action index hovering around 41. This is less than last month's market action index of 44. Inventory has increased to 11.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Real-Time Market Profile Median List Price$850,000 Median Price of New Listings $2,025,000 Per Square Foot$285
Days on Market 93
Slight Seller's Advantage
Market Narrative
In the last few weeks, the market has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.
Market Segments
Slight Seller's Advantage
Each segment below represents approximately 25% of the market ordered by price.
Median List Price
Prices in this zip code have been on a downward trend recently and this week, while essentially flat, doesn't break us out of that cycle.
Segments
In the quartile market segments, we see the market's price weakness almost across the board. Prices in Quartile 4 have been mixed recently, while the rest of the market is trending downward. Look for a strong, persistent up shift in the Market Action Index as a leading indicator of the trough in the market.
Price Per Square Foot
Despite recently falling prices, the price per square foot has stayed reasonably flat. This implies that there's a portion of the market being priced at a premium. You can investigate this condition in the quartile details.
7-Day Median
Inventory
Median
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
In the last few weeks, the market has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.
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 94 days. Half of the listings have come newly on the market in the past 63 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
THINGS TO REMEMBER
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.
