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 consult an attorney.
Must I Use Colorado Foreclosure Protection Act form for the sale of all CO foreclosure property? No. Watch this video and learn when deals are:
• “Cold” enough so that you do not need to use the form at all,
• Too “hot” for a broker to write up the contract, and
• “Just right” for the Colorado Division of Real Estate’s Colorado Foreclosure Protection Act form.
For the Division’s more general description of the Colorado Foreclosure Protection act follow this link.