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First time home buyers in Colorado

The transaction process

Whether buying or selling a home, maneuvering through a real estate transaction can be a daunting task for many. It is not that often that an individual is involved in the real estate process during their lifetime. A real estate transaction has many components. Consumers should have a general idea of each stage of the transaction as they traverse the purchasing or selling of a home.

 Listing Contract

 Sales Contract

 Escrow & Inspection

 Lending & Closing

Working with real estate professionals

The sale or purchase of a home involves one of the largest investments that a person undertakes during their lifetime. It can be a complex, confusing, and intimidating process for any person to handle on their own. A licensed real estate professional can assist you by explaining and making you more comfortable with the process and by using their knowledge and expertise to make sure the transaction goes smoothly. 

 Real estate brokers

 Mortgage loan originators

 Real estate appraisers

Buying a home in a HOA

With nearly 10,000 HOAs in Colorado, if you’re looking for a new home, there’s a good chance you’ll end up in one. Since most associations have restrictive covenants, your ability to do what you want with your own home may be curtailed. Understanding all of the variables involved with living in a homeowners association is an extremely important part of the home buying process. With some due diligence, you can make sure buying in a HOA is the right choice for you. 

 Due your due diligence before buying in a HOA

Buying in a self-managed HOA

While professionally managed HOAs make up about 80% of registered HOAs in Colorado, many communities prefer to self-manage the affairs of their association. This webresource page is designed to provide potential buyers in HOAs a view of matters that can be unique when buying in a self-managed HOA.

 Learn the unique matters of buying in a self-managed HAO

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Additional resources

HOA Information & Resource Center Forums

The HOA Information Officer presents a monthly forum to review various aspects of the rights and responsibilities of living in and governing an HOA in Colorado.

    HOA forum series playlist

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