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Avoiding Seller “Blank Check Risk” For Inspection Resolutions

Avoiding Seller “Blank Check Risk” For Inspection Resolutions Any time a seller agrees to repair something for a buyer, there is the risk that the repair will cost much more than the seller expects. Learn the pros and cons of the five basic options for protecting your seller against that risk. Video Transcription: Hi, this … Continue Reading

When to be Cruel to be Kind

When to be Cruel to be Kind You are successful partly because you have an inclination to help people. Yet sometimes your desire to help hurts your clients and unnecessarily exposes you to liability. Consider the buyer who has remorse and wants to back of a deal at the last minute without a legal justification … Continue Reading

Must You Extend Listing when Purchase Contract Closes After its Expiration?

Must You Extend Listing when Purchase Contract Closes After its Expiration? Webcast 6/18/19: Must You Extend Listing when Purchase Contract Closes After its Expiration? Consider a situation where you have a six month listing agreement. The seller enters into a contract five and one half months into the listing that is scheduled to close after … Continue Reading

Buying Property Anonymously

Purchasing Property Anonymously Webcast 5/1/19: Buying a Property Anonymously. It’s not unusual for Commercial Buyers to want to purchase anonymously, and it’s not uncommon in Residential transactions either! We explore the motives behind incognito purchases, options for accomplishing them, and look at how they affect the transaction.

General Warranty Deed versus Special Warranty Deed

General Warranty Deed versus Special Warranty Deed In addition to the choice of deed (between general warranty and special warranty), there are three other factors that strongly influence the buyers’ and sellers’ risk factors: (1) The style of the exceptions to the warranties; (2) the features of the sellers’ existing title insurance; and (3) the … Continue Reading

Option for Buyer to “Hold” or “Fold” (but not renegotiate) on Inspection Issues

Options for Buyer on Inspection Issues in the 2019 Colorado Real Estate Contract.   Under the pre-2019 contract, the buyer had three basic options if the Buyer discovered property condition problems: (1) Do nothing and accept the condition of the property subject to the flaws; (2) Submit an objection and attempt to negotiate a change; … Continue Reading

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