Personalized Home Buying
Where Your Home Journey Begins
At the Jami Baker Orr Team, we’re committed to making your home-buying journey smooth, exciting, and rewarding. With in-depth market expertise and a highly personalized approach, we take the time to understand your unique needs and guide you every step of the way toward finding the perfect place to call home.
From the first showing to the final signature, you can rely on our team’s dedication, professionalism, and local insight. Discover the difference of working with a trusted team that puts your goals first—your next chapter starts here.
Start Your
Search Here
Begin your journey by browsing available listings on our website. Tell us your must-haves, preferred neighborhoods, and budget, and we’ll help you narrow down your options to homes that match your vision.
Reach out
To The Team
Once you’ve found homes you’re interested in, we’ll schedule showings and guide you through the details of each property. We’ll provide insights on market conditions, home values, and what to expect throughout the buying process.
Writing
An offer
When you’re ready to move forward, we’ll help craft a strong offer and negotiate the best terms. From inspections to closing paperwork, we ensure a seamless transaction so you can step into your new home with confidence.
Buyer FAQs
What is a Buyers Agreement?
It is standard practice to sign a Buyers Agreement with a Real Estate Agent. This agreement outlines the terms of your professional relationship, including the agent’s responsibilities, the services they’ll provide, and how they’ll be compensated.
It’s essentially a contract that formalizes the partnership and ensures both you and the agent understand your roles and expectations.
What is Earnest Money?
Earnest money is a deposit made to a seller that represents a buyer’s good faith to buy a home. The money gives the buyer extra time to get financing and conduct the title search, property appraisal, and inspections before closing.
Earnest protects the seller if the buyer backs out of the contract. The earnest money requested is usually around 1%-3% of the sale price and is held in an escrow account until the deal is complete. If the transaction goes smoothly the earnest money is applied to the buyers down payment for closing costs. If the deal falls due to contingencies or failed home inspection the buyer will get their money back.
When the earnest money goes hard, which is typically between the buyers loan commitment deadline and closing, and the buyer terminates for any reason in that time period, the money would be forfeited to the seller for liquidated damages for having their home off the market.
What is a Home Warranty?
When preparing to buy a house in Southern Colorado, even a brand new one, it is a good idea to get a home warranty! A home warranty provides homeowners with a safety net against any unseen expenses after the sale closes. A home warranty is a contract between a homeowner and a home warranty company that usually provides for discounted repair and replacement service on a homes major components, such as the furnace, HVAC, plumbing, and electrical systems.
A home warranty may also cover major appliances, such as washers and dryers, refrigerators, and swimming pools. Home warranties can help ease the cost of repairs or replacements instead of dipping into emergency funds! Home warranties are not expensive when you start repairing or replacing a home’s important components. The bottom line is that this warranty will give new homeowners peace of mind! Let the team at our office know if you have any questions!
What is an Inspection?
The next step in the home buying process will be the inspection. The inspection makes sure the house is in good condition and if there are any issues with the home. This includes roof, foundation, plumbing, structural, etc.
Your Agent will schedule the inspection. Once the inspection is complete, you and your agent will meet with the inspector and go over their findings. When reviewing your Inspection you should focus on HEALTH, STRUCTURAL and SAFETY issues.
Afterwards, you and your Agent will submit an Inspection Objection document. This outlines items found in the inspection that you request to be fixed before closing. The seller typically has a few days to review and will respond with an Inspection Resolution. It is possible that the seller will not agree to every item.
What is an Appraisal?
An Appraisal is a professional, written opinion of a property’s value. It helps lenders determine if the requested loan amount matches the property’s value.
It is the responsibility of the buyer’s lender to schedule the appraisal, and the buyer will receive a copy of the Appraisal once it is complete.
If the appraisal does not come back in time or the lender runs into issues, it could delay the closing.
What Happens at Closing?
By this time you have made it through the contract! You got through all the dates and deadlines and now, you are so close to home ownership! It is an exciting day and the keys are almost in your hands!
You should have all your settlement statements sent to you. The buyer will know how much money they need to bring and the seller will know how much money they will receive. The seller is responsible to pay any existing mortgage amount, taxes, and fees.
The home buyer will more than likely do a walk-through of the home either the day before closing or the day of closing. The reason for the walkthrough is to make sure the home is in the same condition as when they saw it last and decided to write the offer.
The home buyer will transfer the money to the title company and the title company distributes the money to the home seller. At the closing table, the home buyer will sign all the loan documents and closing documents. It takes about 30 minutes normally to sign all the documents.
The home buyer/seller are not in the same room at the same time for privacy reasons. The home seller would turn over any keys or garage openers at this time. The home sellers could let the new owners say anything unique about the home they want them to know.
After that, the home sellers would go to the closing table and sign the release to the deed of trust, all the closing documents, and the title company would either wire the money or write a check out to the seller.
