Read This Carefully, Buying Luxury Real Estate in Colorado?

Read This Carefully, Buying Luxury Real Estate in Colorado?

Posted by Brian Burke on Monday, February 16th, 2015 at 11:28am.

Buying Luxury Real Estate in Colorado? Please Read This Carefully

Finding the perfect dream house is only the first step in the Luxury home-buying process. Now you have to negotiate a good price, get an eagle-eye inspection and make sure the property's title is clear. Before you start looking for a luxury real estate in Colorado, there are several things you should keep in mind. A real estate agent does much more than just finding homes for you to look at. An agent has a legal duty to keep your best interests in mind, answer all your question related to that real estate honestly and protect your privacy.

Luxury Real Estate Colorado

In Colorado Real Estate Laws, sellers will have to inform buyers of any problems with the property, including those that may affect desirability or value. The Colorado Real Estate Commission-approved disclosure form asks for information such as

* Fire, wind or hail damage
* Roof leaks or damage
* Condition of plumbing, air-conditioning, electrical and heating systems
* Presence of pesticides, asbestos or other hazards

Make an offer on a home by submitting a purchase agreement. A purchase agreement is a legal contract that shows out the conditions of sale. In Colorado, this document must include terms such as;

* Total property description
* Purchase price of the property
* Key dates, such as; appraisal and disclosure deadlines and the closing date

Property in Denver Colorado

Also make sure that your contract also includes the conditions under which you can legally back out of the deal. Even after the seller has provided you an inspection report of the real estate, it is good to have your own inspection performed. Do visual inspections of things like;

* Cooling and heating system
* Foundation of the property
* Electrical and plumbing systems
* Roof

Real Estate in Denver Area

Colorado doesn’t license home inspectors, but you can ask your real estate agent for a recommendation. Before buying a real estate property in Colorado, it is really important to be sure the sellers can legally transfer the property title to you.

To buy 100% authenticate and luxurious real estate properties in Colorado, contact us at Kenna Real Estate. Hundreds of beautiful properties are waiting for you, so hurry up and get in touch with us today to purchase luxurious properties at the best possible price.

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Brian Burke | Broker | ePRO | Expert   | 303.955.4220 Office | 303.710.2609 Direct |  Brian@kennarealestate.com

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Listing information last updated on December 8th, 2019 at 6:19am MST.

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