When NOT to Refer to the Best Attorneys in Town 1/26/2015: When Clients of Brokers have legal trouble, the natural instinct is for the Broker to refer to their own lawyer. After all, you know your lawyer is great at solving problems. However, there are times you want to be cautious of contaminating our ability … Continue Reading
Brokerage Relationship Disclosures Webcast 1/19/2015: Most brokers know that when they are sitting in an open house, they need to make a disclosure to unrepresented buyers. Brokers, however, often fail to follow through. This is a hot button issue for your regulators. Brokers often don’t recognize the need to make other required brokerage relationship disclosures … Continue Reading
Ensuring Cooperating Commission Webcast 11/24/2014: Ensuring a Cooperating Commission. Sometimes you will help buyers pursue property where neither the seller or the listing broker is offering to pay you a cooperating commission, or the commission offered is otherwise less than the buyer is obligated to pay you. Learn how to negotiate and document someone’s obligation … Continue Reading
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
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
