Listing Agreement & Holdover Rights: Colorado Contract to Buy and Sell Real Esatate 1/25/17: Listing Agreement & Holdover Rights. What are Holdover Rights? When do Holdover Rights Apply? What happens if the old listing agreement does not expire but it is terminated? Who qualifies as a Holdover Buyer?
Wire Fraud – Learn how to avoid wire fraud in Colorado Real Estate Transactions 10/18/16: Wire Fraud. Don’t wire your money to criminals. Learn how to avoid getting duped!
Q: I’m a homeowner. I want to list my Colorado property for sale. Can I do it by myself (For Sale By Owner)? When a homeowner considers listing their property for sale, one of the first questions they typically ask themselves is: “Should I list the property through a real estate broker?” Experienced real estate … Continue Reading
Co-Author: Jordan C. May, Esq. Property Taxes in Colorado – How are they determined and what can I do about it? Overview Colorado’s system of real property taxation can leave homeowners confused and frustrated. This may be especially true if a homeowner receives a Notice of Valuation reflecting an unexpected increase in the value of … Continue Reading
O R D E R F O R M E X P L A N A T I O N
Denial of Coverage for Damage from the Great 2013 Colorado Floods With the massive devastation and destruction to homes and personal property caused by September 2013 Colorado flooding, insurance companies will aggressively be looking for ways to reduce their losses. In many instances coverage will be denied for claims. While not all of these denials … Continue Reading
What the National Mortgage Settlement Means for Colorado Homeowners The National Mortgage Settlement is an agreement between five of the largest residential mortgage loan servicers and a coalition of state attorneys general and federal agencies that resolves violations in the way the banks handled loan modifications and foreclosures. The Settlement is designed to compensate borrowers … Continue Reading
Co-Author: Tasha J. Power, Esq. Question: I have seen news reports explaining that banks and other mortgage lenders need to produce the original signed promissory note if the lender is going to foreclose on a piece of real estate. I’ve also heard that many lenders can’t produce the original promissory notes. Can I demand that … Continue Reading
Many Homeowner Associations (“HOA’s”) don’t realize that their deadline to register with the Colorado Division of Real Estate without incurring any penalties was back in March of 2011. Pre-CCIOA communities created prior to July 1, 1992 do not need to register but it is recommended that they still do so. The cost is only $8.95 … Continue Reading
Bid Rigging In certain situations the courts have equitable discretion to extend statutory redemption periods and void foreclosure sales. Courts have the power to set aside a foreclosure sale or extend the redemption period if there has been “fraud, deceit, or collusion.”(E1) One type of collusion occurs when two or more bidders at a foreclosure … Continue Reading