
BLOGS
Seller Concessions: How Seller Payments Help Real Estate Deals Come to a Closing
Typically, Buyer is liable for all closing costs. Seller Concessions are closing costs that Seller pays instead. This includes property taxes, title insurance, loan origination fees, inspection fees, recording fees, appraisal fees, and attorney’s fees.
Colorado’s Standard Residential Buy Sell Contract Made Easy
Are 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.
Gift Letters: Using Gifted Money for the Purchase of Your Colorado Home
Are you looking to purchase a home in Denver, Boulder, Adams or Arapahoe County, or anywhere else along the Front Range? Do you plan to use gifted money for your down payment? If so, ensure that your lender’s underwriter declares you as financially fit using a gift letter.
Section 18.1 Insurance Termination: What to Do When a Property Suffers Damage Before Closing
Are you a buyer or seller in Colorado who’s executed a Contract to Buy or Sell Real Estate? It’s an exciting time for either party and the sale may feel like a done deal at signing, but unfortunately issues can arise between signing the Contract and closing. This Blog discusses Section 18.1 of the Contract, which outlines specific steps that must be taken by both buyer and seller in the event of damage to the property and a consequent insurance claim.