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Mountain Living Real EstateMountain Living Real Estate

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New Colorado Home Buyers and Sellers

ColoradoWhen it comes to real estate, every area is a little different. Every state is even more different.  States have state specific rules and contracts. As a result, purchasing real estate in Colorado, or even Summit County, may be a different experience for new Colorado home buyers than what you have been used to in other areas.

Broker Relationships

In Colorado there are three types of relationships you can have with your real estate agent; Agency, Transaction Broker or Customer. An Agency relationship requires a contract but just because you have a contract doesn't mean you have an Agency relationship. Read more about Broker Relationships.

Colorado Contracts

The most common contracts used when purchasing Colorado property are the contracts supplied by the Colorado Real Estate Commission.  Occasionally a builder or developer will require the use of their own contract.  The builder's attorney generally draws up those contracts and, as a result, they are very one sided toward the Seller.  The Colorado Real Estate Commission contracts are much more friendly to Buyers.  They offer multiple opportunities for a buyer to do their due diligence and terminate the purchase contract if something unsatisfactory turns up. The buyer can still have their earnest money returned to them as long as they abide by the provisions in the contract. The seller does not have the option to terminate. They are locked in as soon as the Colorado Real Estate Commission contract is signed.

Attorneys

Sellers and buyers do not often use attorneys for a standard real estate transaction in Colorado. Attorneys are recommended but are not required. Instead title companies are utilized for closing tasks. The title company generally holds the earnest money, distributes closing figures, acquires signatures and disperses funds.

Electronic Signatures and Long Distance Transactions

As far as signing contracts goes, electronic signatures are allowed on all documents except the closing documents. Original signatures are required on those. What this means for you is that you can sign everything up to closing on your phone, tablet or computer. If you cannot sign the closing documents in person, the title company will express mail them out for you to sign and return. The entire transaction can be handled from afar. With that said, we do need to look at some things in person. We are here locally to handle those items on your behalf and will show you whatever it is that needs to be seen. We can describe it on the phone, photo it, video or video chat. You won't feel you're making blind decisions or without knowing everything there is to know, whether you are here or not.

Typical Costs

What buyer or seller typically pay for can vary from area to area even within Colorado. An experienced agent will let you know what is typical for the area and you can decide how you would like to handle it. Sellers pay the commissions for all real estate agents, they also pay for surveys and title insurance (in our area).

As a buyer or seller in a Colorado transaction, Mountain Living Real Estate is fully equipped and prepared to cater to your needs whether you are right around the block or across the world.

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About Us

Mountain Living Real Estate, a.k.a. The Mountain Living Team, is a family owned, second generation, real estate company that has been helping buyers and sellers in Summit County since the early 90’s.  Mountain Living Real Estate is committed to going above and beyond to ensure their clients have the most amazing real estate experience possible.  Jason & Meredith take a personal approach to educate their clients, empowering them to make high quality decisions no matter the situation.  They take exceptional care throughout the sales process and beyond; striving to make each client’s path in Summit County one filled with fun, excitement & great memories.

Work with Mountain Living Real Estate and you’ll understand why so many people say, “We Love Mountain Living!”

Testimonials

Jason used amazing strategy for pricing, selling and acquisition of our next property. In this market this strategy is critical for success – especially with the buying process.

Summit County real estate is a challenging market. We have bought and sold two properties and just bought our third. Jason and Meredith have been there for us throughout this entire journey, and we couldn’t be more satisfied. Jason and Meredith have excellent communication, are realistic and honest, and have incorporated strategy and wisdom from their extensive Summit County experience to help us make our dreams come true.

Ben from Centennial February 2, 2022

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You were very knowledgeable and supportive during this transaction. I was most impressed with your calmness and smart decision making during a chaotic process. Thank you again for your calmness during all of this.

Barbara from Centennial January 24, 2022

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Contact Us


Jason and Meredith Adams

Jason & Meredith Adams
Mountain Living Real Estate

101 Main St, #109, PO Box 4115 Frisco, CO 80443

(888) 666-0844
team@mountain-living.com

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Jason & Meredith Adams are both licensed to sell real estate in the state of Colorado

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