Buying Luxury Real Estate in Colorado? Read This Carefully

Published April 2, 2015 by Kenna Real Estates

Finding the perfect dream house is only the first step in the 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.

Denver Realestates

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

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

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.

Denver Real Estate

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.For more information visit our facebook page .

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