Jon Goodman has been a real estate attorney in Colorado for over twenty-five years, he is a shareholder at Frascona, Joiner, Goodman and Greenstein P.C., and has been since 1994. Jon has published hundreds of real estate articles and is a frequent speaker on dozens of topics for the real estate industry. Clients include mortgage lenders (banks, savings and loans, mortgage companies), real estate brokers and salespersons, real estate companies, developers, property management companies, builders, subcontractors, suppliers, buyers and sellers. As an experienced real estate attorney, Jon has been quoted in various publications including, the Wall Street Journal, the Denver Post, and the Rocky Mountain News.
RECENT ARTICLES BY JON GOODMAN
The rapid rise in interest rates in 2022-2023 have made “subject-to” transactions trendy. Watch this video to get a general understanding of subject-to deals and the reasons why they might be mutually beneficial to a buyer and a seller. This is the first installment of our series of webcasts on subject-to transactions. Later videos explore
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
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.
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
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”
Jon Goodman is a shareholder with Frascona, Joiner, Goodman and Greenstein, P.C., a Colorado law firm. His practice areas include Real Estate, Brokerage Law, Contracts, Land Use, Leasing, Real Estate Title, Association Law, Business Law, and Finance. Contact Jon Goodman.
Disclaimer — Content is general information only. Information is not provided as advice for a specific matter, nor does its publication create an attorney-client relationship. Laws vary from one state to another. For legal advice on a specific matter, consult an attorney.