New Construction Closings in Colorado: What to Expect
New construction closings in Colorado involve unique requirements and timelines different from resale transactions. Understanding the new build process, from construction loans to final closing, helps buyers navigate builder requirements and coordinate successful new home purchases.
Builder Title Requirements
- Builder/developer title insurance requirements
- Subdivision plat recording with local county authorities
- Utility easement establishment and municipal approvals
- Building permit finalization and certificate of occupancy
- Compliance with Colorado’s new construction warranty requirements
- Builder lien waivers and subcontractor release documentation
- Homeowner association establishment and initial funding
New Construction Timeline Expectations
- Pre-Construction Phase:
- Colorado construction loan approval and builder financing coordination
- Lot reservation and purchase agreement execution
- Building permit applications and approval timeline
- Utility connection scheduling and municipal inspections
- Construction Phase Milestones:
- Foundation completion and inspection (typically 30 days)
- Framing and roofing completion (60-90 days)
- Electrical, plumbing, and HVAC rough-in inspections
- Drywall and interior finishing (90-120 days)
- Final building inspections and certificate of occupancy
- Pre-Closing Preparation:
- Builder walk-through and punch list completion
- New home warranty documentation
- Final utility connections and service transfers
- Homeowner association document preparation
Colorado Lien Law Protections for New Construction Buyers
- Colorado Construction Trust Fund Act protections
- Mechanic's lien prevention through proper documentation
- Builder payment verification and lien waiver collection
- Colorado statutory lien deadlines and filing requirements
- Title insurance coverage for construction liens
- Notice requirements for potential construction claims
New Construction – Final steps before closing
- Extended timeline requirements for new builds
- Builder-specific documentation and warranty transfers
- Municipal inspection coordination and utility connections
- Colorado new construction loan conversion to permanent financing
- Homeowner association setup and initial fee collection
- Builder walk-through coordination and final approvals
Navigate your construction closing with Canyon Title's builder expertise. We coordinate every detail for successful new home purchases.