Section 8(a) of RESPA Webcast 10/27/2014: Section 8(a) of RESPA in Two Minutes or Less. Develop an instinct for what kind of joint ventures, MSAs and other kinds of affiliated business arrangements (AfBAs) might withstand scrutiny by the CFPB.
The Mechanic’s Lien process in Colorado is governed by statute, namely, C.R.S. § 38-22-101, et seq. One key issue to be aware of is that the Mechanic’s Lien process is extremely deadline intensive. Missing a deadline by just a day can void a contractor’s lien rights. Below is a general overview of this statutory and … Continue Reading
Clearing Title to Real Estate When a Tenant-in-Common Owner Dies Q: How is title to real estate cleared when someone dies owning property as tenants in common with other owners? A: Through a probate proceeding. I frequently hear from sellers or real estate brokers when they discover the following closing Requirements on Schedule B-1 of their title … Continue Reading
What is a Professional Will, and why would I need one? Most people don’t like to think about the possibility of becoming incapacitated or about their inevitable deaths. Despite this reluctance, many people understand and value the importance of having a Last Will and Testament as a way to clarify their wishes and make it … Continue Reading
Escrowing Over Mechanic’s and Other Liens To Get Deals Closed Webcast 9/22/2014: Escrowing Over Mechanic’s and Other Liens to Get Deals Closed. Just because someone records a mechanic’s lien, doesn’t mean that the claim is valid. Mechanic’s liens (and some other liens) don’t always need to be paid at closing. Learn how to use escrows … Continue Reading
This webcast discusses Money Laundering, more specifically the Dangers of Money Laundering and Inadvertent Money Laundering in Real Estate.
One of the major benefits of a chapter 13 bankruptcy is the ability of a homeowner to “strip” second and subsequent “consensual” liens – like deeds of trust – from a residence under certain conditions. This type of lien strip, sometimes more useful than the type that can only remove non-consensual liens like judgment liens, … Continue Reading
Sellers have to disclose known material defects and complete a Seller’s Property Disclosure form when listing property for sale. There can be health risks associated with living in a house where meth was produced or used. Some telltale signs that a property could be contaminated by meth include discolored walls, strong ammonia-like odors, empty over-the-counter … Continue Reading
How Does Seller Financing Work in Colorado Real Estate Deals? Q: I’ve listed my home for sale. A potential buyer is interested, but can’t qualify for a loan. Is there some way to facilitate the sale without an outside lender being involved? A: Yes – if the seller acts as the lender. This article will describe seller … Continue Reading
Colorado passed new laws concerning marital agreements and pre-marital agreements, effective for agreements signed on or after July 1, 2014. The new law is called the “Uniform Premarital and Marital Agreements Act,” and radically changes the prior law concerning prenuptial and postnuptial agreements. This article highlights some of the more significant changes from the prior … Continue Reading
