Mile High Home Group – Welcome to Denver

Colorado offers robust buyer protections through its due diligence contract structure, mandatory seller disclosures, and a 10-15 day objection period that lets buyers back out penalty-free if inspections or financing fail. With 15+ years in Denver real estate and thousands of transactions under my belt, I’ve relied on these safeguards to protect clients in every market cycle, ensuring transparency from Highlands Ranch real estate to central Denver.

Key Protections in the Standard Contract

Colorado’s approved real estate contract emphasizes buyer review periods rather than traditional escrow. During the objection period—typically 10 days for single-family homes—buyers can inspect, appraise, and review title without losing earnest money. If issues arise, they negotiate repairs, credits, or termination. This is stronger than many states’ “as-is” sales.

Seller’s Property Disclosure (SPD) is mandatory, covering known defects like roof leaks, foundation cracks, mold, or water intrusion—common in Colorado’s clay soils and freeze-thaw cycles. Failure to disclose can lead to lawsuits under the Colorado Consumer Protection Act.

Unique Colorado Safeguards

• HOA and Metro District Review: Buyers get 3-5 days to scrutinize governing documents, budgets, and litigation—crucial in HOA-heavy areas like Littleton real estate or Highlands Ranch real estate where special assessments hit unexpectedly.
• Lead-Based Paint and Meth Lab Disclosures: Federally required but strictly enforced; older Denver homes trigger extra scrutiny.
• Septic and Well Protections: In unincorporated areas, buyers receive transfer documents and inspection rights, protecting against failing systems.
• Radon Awareness: Sellers note testing; buyers often add scopes given Colorado’s high-risk zones.

Title insurance is standard, covering liens or boundary disputes. No attorney closing requirement keeps costs low, but buyers get lender oversight.

Practical Advice for Buyers

To maximize protections, I advise clients:

• Extend objection periods to 12-15 days for thorough inspections, including sewer scopes and radon in foothill properties.
• Request Seller’s Counter of Objections form for clear repair timelines.
• Verify HOA reserves exceed 25% of annual expenses to avoid future hikes.
• Budget 1-2% of price for post-inspection credits, negotiating thoughtfully.

These steps, grounded in Colorado real estate laws, empower buyers without derailing deals. Many clients who’ve used them become long-term friends, confident in their purchases.

If you’d like honest guidance, tailored market insight, or a no-pressure conversation about buyer protections in your situation, reach out—I’m here. Visit www.MileHighHomeGroup.net to search properties, explore Denver, learn more about me, and connect.