Let the Buyer Beware: New Build Purchase Contracts

Builders of new construction are not required to use the Colorado Real Estate Commission form contract (“Colorado Form Contract”). The Colorado Form Contract is required to be used by real estate brokers in the transaction for previously owned homes to protect buyers and sellers from common disputes that arise in residential real estate transactions. Because these contracts are usually written by the builder’s attorney in the builder’s favor, the buyer is well advised to have their attorney review any contract for the purchase of new construction.

Real Estate Transactions, Buying a Home Without an AgentJerome GeraghtyApril 11, 2022new build, land purchaser, residential real estate, real estate, contractors, purchase contract, real estate investors

A Second Set of Eyes Never Hurts: An Attorney’s Role in a Colorado Real Estate Purchase Contract

For many, purchasing a home is the largest transaction a person enters in their life. With real estate brokers, appraisers, mortgage lenders, and sellers all feeding you information during the home purchase process, you may resist adding attorneys to the mix. However, this blog explains why having an attorney quickly review your purchase contract in a Colorado home sale might save you time, money, and stress in the long run.

Real Estate TransactionsJerome GeraghtyFebruary 9, 2022purchase contract, land purchasers, residential real estate, landowners, CREC, real estate investors

Your Parents Didn’t Lie! Honesty Really is the Best Policy - the Seller's Property Disclosure Form

The idea behind property disclosures is to ensure that a buyer knows what they are purchasing. A seller of real estate cannot be deceitful when attempting to sell a property. A buyer must know what “as-is” means before purchasing a property. For example, if a seller knows about a sewage repair that needs to be made on the house, this must be disclosed. It is unfair for a buyer to have to purchase a house without knowing about the mess that needs to be cleaned up. Honesty is the best policy for sellers and buyers when purchasing real estate in Colorado.

Real Estate Transactions, Buying a Home Without an AgentJerome GeraghtyDecember 7, 2021disclosures, seller property disclosures, land purchasers, residential real estate, CREC, landowners, for sale by owner, real estate investors, real estate agent

Foreclosures: Navigating the Colorado Foreclosure Process as a Homeowner, Lender, or Buyer

Are you a lender or a borrower facing a foreclosure action, or are you a home buyer looking to purchase a foreclosed home? Are you unsure of how the foreclosure system works in Colorado? If that’s the case, this blog will help you to navigate the foreclosure process and explain some of the key concepts of the system in Colorado.

Selling Your Colorado Home For Sale By Owner (FSBO)

Are you looking to buy or sale your home in Boulder, Denver, Adams or Jefferson County, or anywhere else along the Front Range, you could save thousands of dollars by not hiring a broker. “FSBO” means “for sale by owner,” and with sites like Zillow, it’s easier than ever. However, Zillow can’t save you from common pitfalls. Read this blog to learn how GLO can save you money and liability.

Real Estate Transactions, Buying a Home Without an AgentJerome GeraghtyApril 29, 2021FSBO, for sale by owner, residential real estate, buying a home, selling a home, Zillow.com, fsbo.com, forsalebyowner.com, craigslist.com, Colorado real estate

Recording Title, Title Insurance, and Owner’s Extended Coverage: 3 Tips for Buying Colorado Residential Real Estate

Are you looking to buy residential property in the Denver/Boulder Metro area? If so, make sure you own your Front Range property outright. Read this blog to learn three tips on ensuring your ownership of the property. This blog discusses key points on recording title in Colorado, title insurance, and owners extended coverage.

Real Estate Transactions, Buying a Home Without an AgentJerome GeraghtyFebruary 1, 2021title insurance, recording title, residential real estate, Colorado real estate, buying a home, race-notice statute, recording statute, owners extended coverage

Colorado’s Standard Residential Buy Sell Contract Made Easy

Are you buying or selling a home on the Front Range? The Colorado Real Estate Commission requires all real estate brokers use a standard contract for the buying and selling of a home. Thus, you should read this blog to become more familiar with this contract before buying or selling your Colorado home.

Real Estate Transactions, Buying a Home Without an Agent, Selling a Home With an AgentJerome GeraghtyAugust 14, 2019Buying a home, selling a home, Colorado real estate, residential real estate, earnest money, Colorado real estate commission, brokers, realtor, real estate agents, homeowner, FSBO, real estate investment, real estate investor, real property, inspection

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