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.
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 MoreThe idea behind property disclosures is to ensure that a buyer knows what they are purchasing. A seller of real estate cannot be deceitful when attempting to sell a property. A buyer must know what “as-is” means before purchasing a property. For example, if a seller knows about a sewage repair that needs to be made on the house, this must be disclosed. It is unfair for a buyer to have to purchase a house without knowing about the mess that needs to be cleaned up. Honesty is the best policy for sellers and buyers when purchasing real estate in Colorado.
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.
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