Once you determine that you must use the Foreclosure Protection Act version of the Colorado Contract (see: Must I Use Colorado Foreclosure Protection Act form for the sale of all CO foreclosure property?) watch this video to learn how to complete the form.
Watch this video to learn the how to cope with a fire, flood, hail storm or other calamity that occurs before closing, but after the Inspection Resolution Deadline.
The video encourages you to review the Colorado Division of Real Estate’s flow chart describing when to use the Colorado Foreclosure Protection Act Contract here. If you come to the same answer with the Division’s flow chart and the information in this video, then you are probably right. If you produce different answers, you should … Continue Reading
The answer depends on the situation. Regardless of whether the listing broker must disclose, there are situations in which it may be in the seller’s best interest to disclose. Learn how to distinguish between situations when you should disclose versus situations when you need not disclose.
Side agreements for personal property can be fraudulent. Learn how to avoid fraudulent side agreements for personal property.
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
Avoid two mineral rights malpractice traps for listing brokers.
