Standard "Offer to Purchase" Form needed

[Mike Garrett RAA]

As a Colorado Real Estate Broker let me say that the generic forms available on line do not meet current license law. I would contact a REALTOR® and have them get one from the Board Office for you to use OR have an attorney draw the document.

I need to update my contract software too..seems they change everything every two or three years. It usually cost me a couple of hundred dollars to have it on my computer and one deal pays for everything for a long long time.

 

[Dee Dee]

Mike,
I'm going to do this through an attorney. None of the standard contracts that I saw were up to par. Now if I could just find an attorney that is in his office when I call and not some stupid answering machine.....!
I can't believe how tedious and drawn out this deal is becoming, a real test of my (lack of) patience.

 

[jtrotta]

Dee Dee; when you have an opportunity, you should gather some of the materials your looking for; an updated RE contract and also a Buyer's Broker contract and look them both over. Back in the mid 80's, I was considering going into the Buyer Brokerage business as it was brand new here, and was in contact with a Buyer Brokerage group in Colorado, they were extremely helpful and their contracts were the bomb. Had a partner that got cold feet, if we did it back then I'd be a kazillionaire today.

 

[Dee Dee]

jtrotta,
Finally found a standard buy/sell contract that is accepted by the Colorado Real Estate Commission. Bad news is that it looks like I won't be using it now. Got the final report from an engineer about the house I wanted to purchase...too many problems with the new addition and getting it up to code would be a nightmare. Although I am sure the place isn't going to fall down any time soon, if the county ever got wind of it or if I tried to sell it without compliance I'd have a nightmare on my hands.

Good news is that the lady needed cash and offered to sell me a pretty slick hot tub for $1000. Done deal! At least if I end up drowning in my sorrow I can do it in style now. :wink:

 

[Pamela Crowley (Florida)]

Dee Dee,

You have my respect!

 

[Dee Dee]

Pamela,
What slays me is that there are homes all over this area that are built exactly like the addition that has been added to the home I wanted to buy, and some of them are 50+ years old and still standing. Unfortunately that's beside the point, as they were built before the existing codes. If I weren't looking at it as an investment I wouldn't hesitate to move right in, keep my mouth shut and live happily ever after. But as it is I would probably run into conflicts if I ever tried to sell it...the county would want it to comply with current standards. Very frustrating.

 

[Larry Lyke]

Dee Dee --

Find a form in your appraisal files of a Purchase Agreement that suits your needs, then run it through your scanner. Pull it up and strip out the text you don't want and fuss it up and use that.

 

[Dee Dee]

This purchase is getting funnier by the minute. :lol: :lol: :lol:
Architect was way off in his judgement on the home structure (some professional, Pffft!), found photos of the addition in question as it was being built to prove it. Negotiated a price with the lady who owns the house that we both agreed on yesterday morning, and as I was getting ready to fill out the contract I got a call from her. Seems her husband (who she is separated from) had a friend of his deliver to her door a dozen red roses and divorce papers. Deal is stalled until further notice. :roll: :roll: :roll: