Parts of colorado are known for the expansive soils, so I would be sure to check out what the soil type is in the area before going too far. Soil conditions are usually site specific, but discussing with local builders and building officials should be able to help you get an idea. If there are expansive soil conditions, make sure you look in depth at any foundation plan. Are the footings quite deep? If not, are their drilled shafts? Grade beams? Floating slabs?
The fact that the top looks a little bit wavy is a little sign for concern.
Not to scare anyone off, but according to a study back in the 80s, if you combine the monetary cost in the US from earthquakes, floods, tornados, and hurricanes, the cost would be only half of that caused by expansive soils.