Co-Author: Mara B. Peterson, Esq. Using Revocable Trusts and Limited Liability Companies in Estate Planning If you are someone who owns real estate, particularly if your properties are used for rental purposes, there are many important legal and tax considerations for these properties in an estate planning context. Without proper estate planning, these assets could … Continue Reading
What happens when a seller and a buyer disagree over whether the buyer’s termination of a contract due to lack of “loan availability” is legit? Watch this video to learn the four-step process to resolve these fights. This webcast links to other relevant webcasts: “Loan Termination” Splits in Two; Buyers Using Contingencies for Purposes other … Continue Reading
This webcast is our second installment of our series about subject-to transactions. In it we explain the jargon and the major deal points of subject-to transactions. This webcast sets the stage for discussing risk management and the potential illegalities of some styles of subject-to transactions.
The rapid rise in interest rates in 2022-2023 have made “subject-to” transactions trendy. Watch this video to get a general understanding of subject-to deals and the reasons why they might be mutually beneficial to a buyer and a seller. This is the first installment of our series of webcasts on subject-to transactions. Later videos explore … Continue Reading
Introduction. For many Americans the dream of owning a second home or investment property is just that, a dream. Dramatic increases in property values paired with recent interest rate hikes have made it more difficult than ever to make that dream a reality. These factors have caused not only families, but also investors, to find … Continue Reading
In Colorado, a real estate investor can purchase a lien on delinquent real estate taxes. Upon the satisfaction of certain conditions, the investor can apply for a treasurer’s deed to take title to the subject property. A prior article explains title companies generally will not insure title based on a treasurer’s deed, but that a … Continue Reading
Side agreements for personal property can be fraudulent. Learn how to avoid fraudulent side agreements for personal property.
Builders are currently reporting a shortage in adequate labor to help build new homes for their customers. There are also reported delays in getting some materials. The Superior, Louisville and Marshall areas are also starting to rebuild homes burned down by the Marshall fire putting another strain on the current new build market. Some construction … Continue Reading
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
