Selling your home without an agent inColorado

SB23-206 enacted bill summary

A Colorado residential buyer should receive contract language warning about radon, the seller’s known radon concentrations and history, and the current state radon-in-real-estate brochure as required by the enacted measure.

SB23-206 enacted bill summary

A Colorado contract to sell residential real estate must contain the radon warning, the seller’s knowledge of radon concentrations and history—including tests, reports, and mitigation—and the Department of Public Health and Environment’s most recent real-estate radon brochure.

FSBO Checklist > Offer and contract

Applies in Boulder city

The FSBO checklist allocates title-company closing costs 50/50 between seller and buyer.

FSBO Checklist > Offer and contract

Applies in Boulder city

The checklist directs the seller to arrange title insurance covering standard exceptions and include the Homeownership Program contact on title circulation.

Home Sale Closing > Title Company

Applies in Boulder city

The City explains that the title company organizes the closing and prepares the documents the buyer and seller sign.

FSBO Checklist > Offer and contract

Applies in Boulder city

The FSBO checklist directs the parties to prorate property taxes using the most recent mill levy.

42 U.S.C. § 4851b(27)

Federal lead-disclosure law generally defines target housing as housing constructed before 1978, subject to the statutory elderly, disability, zero-bedroom, child-occupancy, and jurisdiction-specific exceptions.

42 U.S.C. § 4852d(a)(1)(B)

Before a purchaser or lessee is contractually obligated for target housing, the seller or lessor must disclose known lead-based paint or hazards and provide available lead-hazard evaluation reports.

42 U.S.C. § 4852d(a)(1)(C)

For a target-housing sale, the seller must permit the purchaser a 10-day lead risk-assessment or inspection period unless the parties mutually agree to a different period.

FSBO Checklist > Offer and contract

Applies in Boulder city

The program checklist requires a Common Interest Community document review period when applicable.

Home Sale Closing > Homeowner’s Association

Applies in Boulder city

During closing, a buyer of a program home receives HOA information for any applicable association and should review its effect on ownership.

FSBO Checklist > Offer and contract

Applies in Boulder city

The checklist requires 30 days from contract to closing unless seller and buyer mutually agree to another timeline.

FSBO Checklist > Closing

Applies in Boulder city

The program must receive five working days’ notice of a closing-date change.

FSBO Checklist > Offer and contract

Applies in Boulder city

The checklist directs the seller to send a copy of the executed contract to the Homeownership Program.

FSBO Checklist > Offer and contract

Applies in Boulder city

The program checklist caps requested earnest money at $2,000.

FSBO Checklist > Offer and contract

Applies in Boulder city

The FSBO checklist directs the seller to receive the program selection results and begin with the highest-ranked household.

FSBO Checklist > Offer and contract

Applies in Boulder city

The checklist says inclusions must retain credited capital improvements and appliances or inclusions that came with the home when the seller bought it.

FSBO Checklist > Offer and contract

Applies in Boulder city

The checklist directs the seller to send contract amendments or extensions, including inspection items, to the Homeownership Program.

Home Sale Closing > Inspection

Applies in Boulder city

Before closing, the buyer’s certified-inspector report must be shared with the Homeownership Program.

Home Sale Process > 30-Day Open Marketing Period

Applies in Boulder city

A prospective buyer must visit the program home before entering the selection process.

Home Sale Process > 30-Day Open Marketing Period

Applies in Boulder city

Boulder program homes undergo a required 30-day marketing period.

Home Sale Process > 30-Day Open Marketing Period

Applies in Boulder city

At the end of the required marketing period, the program uses its Fair Selection Process to select the buyer.

Home Sale Process > FAQ > How are home prices determined?

Applies in Boulder city

The maximum resale price for a program home is calculated under the formula in that home’s Permanently Affordable Covenant.

Home Sale Process > Home Condition

Applies in Boulder city

The program requires a home inspection before a program home is sold and states that owners must maintain the home in good, safe, habitable condition.

Home Sale Process > Home Condition

Applies in Boulder city

The buyer must obtain the required program inspection even if the seller completed an optional prelisting inspection.

Home Sale Process > Intent to Sell

Applies in Boulder city

The City says a program owner should submit the Intent to Sell route at least 65 days before the hoped-for sale completion date.

Home Sale Process > Intent to Sell

Applies in Boulder city

After receiving the owner’s notice, the program determines the maximum resale price and assigns the owner a direct resale-process contact.

Home Sale Process > Marketing the Home

Applies in Boulder city

The required 30-day marketing period starts when the complete marketing submission and photos produce the program website listing, which the City says occurs within five days after receipt.

Home Sale Process > Real estate agents

Applies in Boulder city

A Boulder permanently affordable-home seller may use an agent or proceed FSBO, but the City program says it cannot perform the seller’s FSBO real-estate tasks.