Robert Burkart  — Licensed in Colorado
Broker Associate, e-PRO, GRI
Realtor®, Member NAR, CAR, CCBOR
Email: Bob@BobBurkart.com
Cell phone.........................(719) 221-0672
Office................................(719) 539-6682
Toll free............................(800) 727-0507

First Colorado Land Office, Inc.
7385 West Highway 50
Salida, Colorado 81201

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Bob's Quick Tips for Buying and Selling Real Estate

Reasons You Need a Realtor

Questions to Ask Your Realtor

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Things to do When Selling

Low Cost Ways to Spruce-up Your Home

Remodeling and What You Should Know

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Buyers' Tips

Reasons to Own your Own Home

Taking the Trauma out of Homebuying

How to Prepare for Home Ownership

Finances in Order?

Pros and Cons of Condos

Tips for First Time Buyers

Tips for Buying in a Tight Market

What Your Home Inspection Should Cover

Questions to Ask Your Home Inspector

What not to Overlook on your Final Walk-through

Common Closing Costs

What to Keep from Your Closing

What is Appraised Value?

Need a Loan?

About Your Credit

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What to know about Title Insurance

What to Watch for in a Purchase Contract

Understanding Capital Gains

Tips for Pricing Your Own Home

Jeep, Car and Van Rentals

 

Seven Terms to Watch for
in a Purchase Contract

  1. The closing date. See if the date the buyer wants to take title is reasonable for you.
  2. Date of possession. See if the date the buyer wants to move in is reasonable for you.
  3. The earnest money. Look for the largest earnest money deposit possible; since it is forfeited if the buyer backs out, a large deposit is usually a good indication of a sincere buyer.
  4. Fixtures and personal property. Check the list of items that the buyer expects to remain with the property and be sure it's acceptable.
  5. Repairs. Determine what the requested repairs will cost and whether you're willing to do the work or would rather lower the price by that amount.
  6. Contingencies. See what other factors the buyer wants met before the contract is final—inspections, selling a home, obtaining a mortgage, review of the contract by an attorney. Set time limits on contingencies so that they won't drag on and keep your sale from becoming final.
  7. The contract expiration date. See how long you have to make a decision on the offer.