Team Silverback Ranch EXP Realty

The mountains are calling you home
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Team Silverback Ranch EXP Realty

The mountains are calling you home
View Listings Contact Us

Find your Mountain Home

Search every property for sale in the resort of your choice

Sell your Mountain home

Put the most powerful real estate selling system to work for you

Meet the broker that’s right for you

Get to know our experienced professionals

We can find exactly what you need

Put the most talented real estate team to work for you

What Others Are Saying

“The SilverBack Ranch Realty Team are absolutely amazing. Rich and Elizabeth Devenney not only found me my dream mountain home, but they also helped me sell my home by taking wonderful pictures. They truly are so talented. Thank you!!”

-Jane S

Breckenridge

Copper Mountain

Dillon

Frisco

Keystone

Park County

Silverthorne

Jefferson

Have a question? We may have answered it already. Take a look at our FAQ

What the first step of the home buying process?

Getting pre-approved for a mortgage is the first step of the home buying process. Getting a pre-approval letter from a lender get the ball rolling in the right direction.

MortgageCalculator.org

How long does it take to buy a home?

From start (searching online) to finish (closing escrow), buying a home takes about 10 to 12 weeks. Once a home is selected an the offer is accepted, the average time to complete the escrow period on a home is 30 to 45 days (under normal market conditions). Though, well-prepared home buyers who pay cash have been known to purchase properties faster than that.

How much do I have to pay an agent to help me buy a house?

For most home sales, there are two real estate agents involved in the deal: one that represents the seller and another who represents the buyer.

Listing brokers represent sellers and charge a fee to represent them and market the property. Marketing may include advertising expenses such as radio spots, print ads, television and internet ads. The property will also be placed in the local multiple listing service (MLS), where other agents in the area (and nationally) will be able to search and find the home for sale.

Agents who represent buyers (a.k.a. buyer’s agent) are compensated by the listing broker for bringing home buyers to the table. When the home is sold, the listing broker splits the listing fee with the buyer’s agent. Thus, buyers don’t pay their agents.

How much do I need for a down payment?
The national average for down payments is 11%. But that figure includes first time and repeat buyers. Let’s take a closer look.

While the broad down payment average is 11%, first time homebuyers usually only put down 3 to 5% on a home. That’s because several first-time home buyer programs don’t require big down payments. A longtime favorite, the FHA loan, requires 3.5% down. What’s more, some programs allow down payment contributions from family members in the form of a gift.

Some programs require even less. VA loans and USDA loans can be made with zero down. However, these programs are more restrictive. VA loans are only made to former or current military servicemembers. USDA loans are only available to low to-middle income buyers in USDA-eligible rural areas.

For many years, conventional loans required a 20% down payment. These types of loans were typically taken out by repeat buyers who could use equity from their existing home as a source of down payment funds. However, some newer conventional loan programs are available with 3% down if the borrower carries private mortgage insurance (PMI).

Still have a question, We’d love to here from you.

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9800 Pyramid Ct. Ste 400
Englewood, CO 80112

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MLS® Disclaimer

The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO©. Real estate listings held by brokers other than name are marked with the IDX Logo. This information is being provided for the consumers' personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.