Loan Due On Transfer The current conventional wisdom is that so long a lender is receiving payments, the lender will not call a loan in default just because the borrower conveyed title, without paying off the debt, in violation of “due-on-transfer” clauses in the mortgage. That conventional wisdom is based, however, on experiences born out … Continue Reading
Sellers Don’t Give Up Your Clout Too Soon In tight inventory markets, sellers sometimes want to kick a buyer out of the deal because, for example, the buyer’s proof of funds or loan commitment disappoints. But once a buyer has a contract, the buyer has the upper hand. The seller will have a challenge kicking … Continue Reading
Colorado has a statute that can make it illegal for a seller to listen in on conversations among buyers or buyers and their brokers touring a property. Learn how to manage the disclosure issues.
Learn how the buyer is exposed to claims that the buyer has breached the contract if the buyer applies for a lower LTV loan that the one reflected in the §4 chart in the contract.
Your tenant has used methamphetamine at your property and now you are stuck footing the bill for costly remediation and testing. Does your homeowners insurance policy cover this damage?
If you are contemplating a divorce or have recently gone through a divorce and are straddled with unsecured debt, options may exist to reduce your unsecured debt obligations.
Attorneys at Frascona, Joiner, Goodman & Greenstein, P.C. can assist surface owenrs with adding the minerals to the tax roll, purchasing the tax lien, and applying for and perfectingthe treasurer’s deed.
Foreclosure Consumer: If you are a consumer borrower contacting our office about a property in foreclosure, please be advised that this law firm is acting as a debt collector, attempting to collect a debt and any information obtained may be used for that purpose.
Governor Jared Polis issued Executive Order D 2020 051 (COVID-19), providing further eviction relief for tenants and mobile home owners.
Colorado Real Estate Brokers: If you decide to conduct a showing or open house, you should consider protecting yourself, your brokerage firm, and your clients from COVID-19-related risks.