terminate real estate contract Archives

The Impact of Colorado Fires on Contracts to Purchase Property

October 22, 2015July 1, 2013 by Michael Smeenk

Q: I’m under contract to purchase real estate in Colorado. The area around the property has been impacted by wildfires. Am I able to get out of the contract? A: Summer 2013 has already been another difficult season for fires in Colorado, with the Black Forest, Royal Gorge and West Fork Complex fires following the … Continue Reading

Out of Contract

September 7, 2015November 1, 2004 by Jon Goodman

I am the listing broker for a transaction set to close tomorrow. My seller and I have just learned that the buyer’s lender will not fund tomorrow. The buyer needs a three-day extension. All of the contingency deadlines in the contract have passed so that there is no longer any contingency excusing the buyer from … Continue Reading