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Caveat Emptor - A riesgo del comprador

Caveat Emptor
This word comes from the Latin "Let the buyer beware" The buyer must examine the good or property and buy at his/her own risk. This was once an accepted rule. Homebuyers in Colorado have much more protection now than before about this matter. as sellers and brokers are required to disclose problems or face possible penalties.

A riesgo del comprador.

Esta palabra viene del latin "Caveat Emptor" El comprador debe de examinar los bienes o la propiedad y comprarla bajo su propio riesgo o asumiendo el riesgo que puede implicar una adquisicion de una propiedad en el estado de Colorado. Ahora las regulaciones en bienes raices en el esado de colorado han cambiado y son mas fuertes hoy en dia. El comprador goza de mayores protecciones., ya que vendedores y agentes de bienes raices tienen la obligacion de dar a conocer al comprador los problemas, pues de no hacerlo incurren en severas sanciones.

Informacion Sacada y modificada del libro de glosario de English / Spanish por Jack C. Harris / Jack P. Friedman.
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Posted by Aurora Colorado Real Estate Ray Saenz, Colorado Realtor on 11/12/2007 05:22 AM

Comments (26)

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This post has been included in Colorado Information Arapahoe County, CO Information Aurora, CO Information

26 Comments on Caveat Emptor - A riesgo del comprador

NOV

2007

Ray: Here in New Yorker buyers and seller have good protection and agents need to do their best to live up to their responsibilities or else there could be unpleasant consequences.

Good to see you back Ray

Jennifer,

thanks for the comments, :) yes, I agree , the same here in Colorado and I believe that now in most states are strict on this one, Texas is one of them and I do not know about the other, we should ask Sandra about this thanks for everything.

Sandra,

I am back :) thanks to some of you, how do you see about the caveat emptor in your state Sandra ? I have to check your blogs, many things to do. I am on msn too, I do not see you , where are you ?

Ray Saenz

Ray, Welcome back..long time no see. The problem with that saying is the grey area with diclosure is hard to determine if all is really being disclosed. Some sellers will not mention things and it seems they might be hiding something. But remember buyers have the right to inspect and rely on the reports they get.

Hi Ray! I've missed you! I had a deal go south last month because of a home inspection. It was fine with me because I can see why someone should not buy a house. Some things are just not worth fixing.

Hi Ray--Good information as many sellers seem to forget that the rules have changed in many states and they must disclose all known information about their property.

Neal,

thanks :) hopefully I can be writing , reading and commenting, that's true what you wrote, the buyer has the right to get a deep home inspection and if they see a big problem or something that can not get a resolution then back off. thanks for your comments, soon I will be on your blogs. :)

Ray Saenz

Lizette,

I have missed you too, thanks for your comments , as I wrote before to some great people here , as soon as I can I will be in your blogs commentings, I have lost a lot, but well, I will do my best to comment and read.

Lizette, Agree with that, sometimes is not worth fixing or that's why the buyer can back off. :) Keep the good blog / work.
Ray Saenz

Dear Teri,

thanks to check this, how is everything? long time not be here and not see you, keep the good work and blog, as soon as I can I will be on yours. give me time :) very difficult since a long month that I have been out. :)

Ray Saenz

Ray - I had a very long day....running here, running there....just got home, so I figured I would check in on you....see if you got any sleep. lol

Ray, good to see you around the Rain again.

Buyer Beware is a good rule of thumb to follow in all areas of doing business.

SAndra,

I have not slept so well, but well :) I am here, right now, checking and doing some research, what about you ? did you run like Dan Cummings ? :)

Ray Saenz

Geoge,

:) nice to see you too, I owe you to check your blogs, but give me time :) I am just starting :) , I am really glad to see you again. Hope that everything is ok, I hope that you could open the cholocate's box.

:)

ray saenz

Ray, I have been working on the chocolate box and have most of them eaten .......... LOL

Thank you so very much for them, I really appreciate it.

NOV

2007

George,

LOL :) enjoy it ! !!

Ray Saenz

Ray - sorry to hear you did not sleep well...that will teach you to say up all night. And yes I ran like Dan Cummings.

Hi Ray,

In Pennsylvania there is a required Seller Disclosure which must be given to buyers as part of the offer to purchase. It's 4 to 5 pages long and goes into quite a lot of detail.

I always like when you do your posts bilingually, so I can compare the two and try to learn the Spanish.

Good to see you back!

Best regards, Brian

Buyer beware is long gone in California - though our paperwork (contracts and disclosure forms) all tell the buyer to take responsibility and investigate throroughly etc. Here it is more like "seller beware" - if the sellers does NOT tell the buyer something "materially effecting value or desireability" (in CA that means anything, physiscal or structural or not) and the buyer finds out later, the seller could well be likely for damages.... It really is a complete turnabout from the old Caveat Emptor here!

Interesting how it varies from state to state....

Take care, Ray! Hope you had a fun Halloween with your adorable little girl!

Mary

Hi Ray,

Great points you raise here. I think it should be called "Everyone Beware". I tell everyone to keep their head in the game so we have no surprises in the end.

Good to have you back, keep up the great blog.

Scott

NOV

2007

Hi Ray,

I haven't heard that word in a while. Thanks for the reminder! Caveat Emptor - just wanted to make sure I could spell it!

NOV

2007

Sandra,

YOu always funny, you make me smile when I read your comments, I believe that you are almost waking up at this time.

Ray Saenz

Brian,

Sometimes, I can not translate the same words, because it does not make sense, sometimes I have to use other words to make a good translation, but you will get the whole enchilada, and that's interesting to know that in your state you have some other disclosures / information, thanks for the input, I always appreciate your comments.

Ray Saenz

Mary,

We always learn something from state to state, right ? I appreciate your words / comments and your great input too. I had a great time with family and my little girl, hope that things are great for you. Keep it good.

Ray Saenz

Scott,

thanks and I appreciate your comments and for comming back. I agree with you, all parties should know that and agree on the terms. :) take care and as soon as I can i will be in your blogs.

PS: sorry for delay.

Ray saenz

Tracy,

you are welcome :P thanks for comming back and check my blogs, I appreciate your comments / inputs.

ray saenz

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