Take the stress out of buying a home—and avoid costly mistakes!
Colorado Home Buyer’s Guide brings you the legal, financial, and other practical information you need to know before buying a home in today's market. Vicki Porter, an experienced Denver real estate lawyer and broker, knows that buying a home can be stressful and confusing.
In this newly updated edition of her popular book, she walks you through the entire purchase process—addressing the many concerns of buyers along the way. Here you will find answers about:
Deciding whether to buy or keep renting.
Finding available properties for sale.
Deciding whether to buy a particular piece of property.
A paragraph-by-paragraph explanation of the purchase contract.
Choosing a lender and exploring financing options.
Working with a real estate agent.
Getting the property under contract.
The closing process.
Types of deeds.
And much more!
Sample real estate forms are provided in the appendix, along with cross-references to areas of the text where each form is discussed, so you will understand the legal documents you will be asked to sign.
A counterproposal seeks to amend and ultimately substitute a prior offer or proposal with new conditions and terms in a Contract to Buy and Sell Real Estate. Counterproposals can be used but are not limited to: amending financial terms, possession dates, and deadlines when buying or selling property.
The law requires that a disclosure be made concerning lead-based paint to any potential buyer prior to purchasing residential property built prior to 1978. The Colorado Real Estate Commission approves this form.
Are you planning to buy, rent, or renovate a home built before 1978? Read this pamphlet to learn some simple steps to protect your family.
Federal law requires that individuals receive certain information before renting, buying or renovating pre-1978 housing:
LANDLORDS have to disclose known information on lead-based paint and lead-based paint hazards before leases take effect. Leases must include a disclosure about lead-based paint.
SELLERS have to disclose known information on lead-based paint and lead-based paint hazards before selling a house. Sales contracts must include a disclosure about lead-based paint. Buyers have up to 10 days to check for lead.
RENOVATORS disturbing more than 2 square feet of painted surfaces have to give you this pamphlet before starting work.
This form is filled out by the seller of any type of property and made available to potential buyers. It contains an extensive list describing the condition of the property and anything included in the sale. It lists any potential hazards or adverse conditions that may affect the property. This form is approved by the Colorado Real Estate Commission.
This form is filled out by the seller of residential property and made available to potential buyers. It contains an extensive list describing the condition of the property and anything included in the sale. It lists any potential hazards or adverse conditions that may affect the property. This form is Real Estate Commission approved.