Buyer Disclosure Documents

Buyer Disclosure Documents

Buyer disclosure - definitions of working relationships.

The following is a link to the state of Colorado's Definitions of working relationships form. It is important to review the document and understand the different working relationships available to you as a buyer working with a broker in the state of Colorado. At Perfect Properties we are happy to explain the form to you and help you to choose the working relationship that is best for you.

Buyer Disclosure - Definitions of Working Relationships


Lead Based Paint Disclosure

If you choose to purchase a property built prior to 1978, the state requires that you have the opportunity to review the EPA's pamphlet "Protecting your family from Lead." The state also requires that the buyer be provided with a Lead Based Paint Disclosure form, signed by the seller prior to submitting and offer on a property built prior to 1978. Below are links to the following documents for your review.

Lead Based Paint Disclosure

EPA's Lead Based Paint Disclosure


The following pamphlet on Radon by the EPA can be useful in deciding if you would like to have a radon test performed on a perspective property.

EPA's pamphlet on Radon


10 Things to Take the Trauma Out of Home Buying


1. Find a real estate professional who’s simpatico. Home Buying is not only a big financial commitment, but also an emotional one. It’s critical that the practitioner you choose is both skilled and a good fit with your personality.

2. Remember, there’s no "right" time to buy, any more than there’s a right time to sell. If you find a home now, don’t try to second-guess the interest rates or the housing market by waiting. Changes don’t usually occur fast enough to make that much difference in price, and a good home won’t stay on the market long.

3. Don’t ask for too many opinions. It’s natural to want reassurance for such a big decision, but too many ideas will make it much harder to make a decision.

4. Accept that no house is ever perfect. Focus in on the things that are most important to you and let the minor ones go.

5. Don’t try to be a killer negotiator. Negotiation is definitely a part of the real estate process, but trying to "win" by getting an extra-low price may lose you the home you love.

6. Remember your home doesn’t exist in a vacuum. Don’t get so caught up in the physical aspects of the house itself—room size, kitchen—that you forget such issues as amenities, noise level, etc., that have a big impact on what it’s like to live in your new home.

7. Don’t wait until you’ve found a home and made an offer to get approved for a mortgage, investigate insurance availability, and consider a schedule for moving. Presenting an offer contingent on a lot of unresolved issues will make your bid much less attractive to sellers.

8. Factor in maintenance and repair costs in your post-home buying budget. Even if you buy a new home, there will be some costs. Don’t leave yourself short and let your home deteriorate.

9. Accept that a little buyer’s remorse is inevitable and will probably pass. Buying a home, especially for the first time, is a big commitment, but it also yields big benefits.

10. Choose a home first because you love it; then think about appreciation. While U.S. homes have appreciated an average of 5.4 percent annually from 1998 to 2002, a home’s most important role is as a comfortable, safe place to live.



Reprinted from REALTOR® Magazine Online by permission of the NATIONAL ASSOCIATION OF REALTORS®

Copyright 2005. All rights reserved.