As a real estate investor in Colorado, especially one focused on multi-unit dwellings, townhomes, or properties within planned communities, you're likely aware that shared infrastructure is common. However, many investors overlook the critical importance of a "Party Wall Agreement" until issues arise. The problem is that without a clear understanding of these legally binding documents…
Read MoreAre you planning on buying a home in the Denver/Boulder area? Do you know how to navigate through inspection resolutions, earnest money, and party wall agreements in Adams or Arapahoe County? Purchasing real estate in Colorado can be a long and stressful process, but GLO is here to help. This blog guides you through these residential purchase issues so you can be closer to owning your own home.
Read MoreAre you buying or selling a home on the Front Range? The Colorado Real Estate Commission requires all real estate brokers use a standard contract for the buying and selling of a home. Thus, you should read this blog to become more familiar with this contract before buying or selling your Colorado home.
Read MoreAre you buying or selling a home in Colorado? Are you familiar with the various ways to receive financing outside of a conventional mortgage? Have you ever considered Seller Financing to secure your transaction? GLO specializes in assisting home buyers and sellers by counseling them on their options to maximize investment and to ensure they understand one of the largest investments of their lives.
Read MoreAre you looking to buy or sell residential real estate in Colorado? Colorado has over eight thousand (8,000) HOAs throughout the state. So, if you are hoping to buy or sell real estate, here are a few helpful tips to facilitate a seamless transaction.
Read MoreAre you looking to buy residential property in the Denver/Boulder Metro area? If so, make sure you own your Front Range property outright. Read this blog to learn three tips on ensuring your ownership of the property. This blog discusses key points on recording title in Colorado, title insurance, and owners extended coverage.
Read MoreBuilders of new construction are not required to use the Colorado Real Estate Commission form contract (“Colorado Form Contract”). The Colorado Form Contract is required to be used by real estate brokers in the transaction for previously owned homes to protect buyers and sellers from common disputes that arise in residential real estate transactions. Because these contracts are usually written by the builder’s attorney in the builder’s favor, the buyer is well advised to have their attorney review any contract for the purchase of new construction.
Read MoreAre you subdividing your property into a duplex or triplex? Are you developing apartments or condominiums? Are you wondering how to allocate the owner or tenant’s rights regarding a shared wall and any potential conflicts, maintenance, or allocation of costs? GLO can prepare new agreements for people buying a home, subdividing property, condominiums, and developers.
Read MoreApplying for rentals may seem like an easy process, but rental applications are subject to a number of limitations and requirements under Colorado law. Landlords and tenants should be familiar know about the laws that relate to fees, disclosures, notifications, credit checks, background checks, criminal records, rental history, and rejections.
Read MoreUnlike residential leases, commercial leases usually include provisions for tenants to pay property taxes and insurance for the property as well as common area maintenance (“CAM”) fees. Leases which include taxes, insurance and CAM fees are called “Triple Net” or “NNN” leases and are the most common leases.
Read MoreAre you a real estate investor waiting to sell your rental property? Are you a homeowner wondering if you’re getting the most out of the sale of your home or investment? This blog aims to help guide homeowners and investors through the complex world of capital gains so they can maximize their profit.
Read MoreA lease is an enforceable contract that should be specifically fitted to each unique situation. There are many lease templates available, but the process is binding on whoever signs the contract, so you had better cover your bases. This blog helps cover the basics in residential leases.
Read MoreAre you looking to buy a property that has an existing easement on it? Do you want to establish an easement with your neighbor? Do you want to terminate an existing easement? This blog provides an overview of easements in Colorado.
Read MorePotential releases or threatened releases of hazardous substances can subject a landowner to significant environmental liability, so it is crucial to identify potential hazards before investing in commercial real estate. Under the Comprehensive Environmental Response, Compensation, and Liability Act (“CERCLA”), there is broad discretion as to who can be a responsible party of environmental hazards. Fortunately for real estate investors, the Environmental Protection Agency has identified steps that can be taken to minimize environmental liability.
Read MoreFor many, purchasing a home is the largest transaction a person enters in their life. With real estate brokers, appraisers, mortgage lenders, and sellers all feeding you information during the home purchase process, you may resist adding attorneys to the mix. However, this blog explains why having an attorney quickly review your purchase contract in a Colorado home sale might save you time, money, and stress in the long run.
Read MoreA security interest lien is a good way for landlords to secure interests in their commercial property. Whether a tenant has already defaulted on a lease or you simply want assurances of your ability to collect payments in the future, a security interest lien can be used to protect you if your tenant cannot or will not pay their rent. The Uniform Commercial Code (“UCC”) allows landlords to protect their property interests using a lien, and certain UCC sections outline the requirements and rights of security interest liens.
Read MoreAre you a lender or a borrower facing a foreclosure action, or are you a home buyer looking to purchase a foreclosed home? Are you unsure of how the foreclosure system works in Colorado? If that’s the case, this blog will help you to navigate the foreclosure process and explain some of the key concepts of the system in Colorado.
Read MoreOne of the reasons why Colorado is an ideal place to invest in real estate is the only state in the United States that uses the “public trustee” system for foreclosures. This makes foreclosures very inexpensive and thus, an ideal place for real estate lenders. But because it is unique, it’s also confusing. This blog analyses Colorado’s public trustee system and discusses your foreclosure rights as a lender, borrower, or junior lienor.
Read MoreDo you own multiple investment properties in the Denver/Boulder area or thinking about starting to invest in real estate? If so, you may want to consider forming an LLC to limit your liability and to protect your personal assets. Since 2016, GLO has specialized in helping people along the Front Range form LLCs to invest in Colorado real estate.
Read MoreDo you have a neighbor’s tree growing into or over your property? Are you not sure what you can do to prevent damage to your property caused by an encroaching or boundary tree? If so, read this blog about Colorado tree law and what rights you may have to prevent damage caused by your neighbor’s tree.
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