Appraisal Issues Carved Out of Loan Termination Contingency – 2019 Colorado Real Estate Contract
The Division of Real Estate has added language attempting to clarify that if its Contract to Buy and Sell Real Estate never had an Appraisal Objection Deadline, or if the contract lives past an Appraisal Objection Deadline, then the buyer cannot use appraisal issues to terminate the contract under any New Loan Termination Deadline. Watch this video and learn how to navigate this attempt to clarify an inherently ambiguous situation.