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Join Perferred Buyer Network Denver Traditions Priority List (Stapleton)
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New Home Purchases
Back to Wonderland Homes Colorado Realtor Center Yes, we will allow contingencies Wonderland Homes is one of the few builders that will begin construction of a buyer's new home while their existing in-state home is for sale. Each community has slightly different guidelines for contingencies, so be sure to talk to our New Home Consultant for the details. Homebuyers that purchase a home contingent on the sale of their existing home are required to "list" that home with a broker and it must be placed in MLS. In order to accept a contingency, your client must be prepared to furnish a copy of the appropriate listing agreement setting out the terms of one of the above. Typically, contingency agreements are taken only on a "dirt" (to-be-built) sale and give the Homebuyer until sheetrock stage of the new home to sell their existing home. We ask for your help in making sure that the home is listed at a marketable price that will allow it to sell within a 30 day time frame. No one wins if the home is listed "too high" and the buyer isn't able to complete the purchase of their new Wonderland home! What about earnest money? The amount of earnest money required for a Purchase Agreement is determined at a community level. Simply check with the Wonderland New Home Consultant to find out the appropriate amount. Is there an Options Deposit? Typically, the Options Deposit required on Custom Choices is 30% at the time of selection. You can check with the New Home Consultant to confirm the specific policy on making deposits so your Homebuyers are well informed and prepared. Their expertise has proven time and again to be of great benefit to you in working with your client.
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