My Buyer will accept the Seller’s replacement home contingency so long as the Buyer can stick a fork in the deal if the Seller fails to go under contract to buy a replacement home by a deadline. Can the contract provide for this? Yes, learn how by watching this video.
Brokers can provide value to a client by acting as a buyer-of-last-resort of the client’s “old house.” Generally, brokers seek to avoid being that buyer-of-last-resort and seller would prefer to sell the property to a market buyer (who would tend to pay more for the property). Do Colorado regulations allow a listing broker to be … Continue Reading
In a balanced market, more sellers are choosing to accept offers from buyers who need to close on a sale of another property before closing on the purchase of the seller’s property. Deals with the CREC a “Conditional Sale Deadline” leave Sellers strung out until the buyer closes on the sale of the “old home” … Continue Reading
Yes, learn how by watching this video
Lease Considerations for Housing Choice Voucher Programs (Section 8) Landlords and Property Managers have several considerations to weigh when choosing a future tenant. Certain considerations are simply off the table. Pursuant to C.R.S. § 24-34-502, a person cannot be discriminated against for housing based upon their source of income. Essentially, this statute is designed to … Continue Reading
Avoid two mineral rights malpractice traps for listing brokers.
Sometimes granting an extension or other accommodation of the breaching side lets the defaulting party off the hook. Learn what to do (beyond the basics of demonstrating that your buyer is ready, willing and able to close). Note: This is the final video of a 3-part video series. See Part I: Seller Can Reject Full … Continue Reading
Imagine that a week before closing your seller announces the seller will not close. Learn how to handle the situation when your client is the side that seems to be breaching the contract. See Part I: Seller Can Reject Full Price Offers
Does a seller have an obligation to accept full price, cash offers? If a seller receives a full price, 100% cash offer with proof of buyer funds, is the seller obligated to accept that offer? The answer is probably no, but the seller probably owes the listing broker a commission. Learn about the factors that … Continue Reading
The new “Time of Day Deadline” allows parties to establish the end of the day for most (but not all) deadlines in the Colorado Real Estate Commission contract to buy and sell.
