As a community association manager you may start to see selling owners requesting additional documents as part of their upcoming closing on their unit. This is because the Colorado Real Estate Commission approved a new Contract to Buy and Sell Real Estate (Residential) effective January 1, 2019 (“Buy Sell Contract”). The new Buy Sell ContractGo to Article
Category: Real Estate
Almost every Association has the one property that the owners have abandoned and that the bank is dragging its feet on to foreclose. What can an association do to try and get the bank to move along the foreclosure process? One solution may be to file a complaint with the Consumer Financial Protection Bureau (“CFPB”).Go to Article
Denver City Council has established a Sharing Economy Task Force to study the issue of regulation of short term rental of homes. In Denver, it is illegal to rent a residence for less than 30 days.
A recent article in the Denver Post offers the following 7 tips to minimize risk for homeowners electing to rent out their homes: • Find the Right Tenant. Use credit and background checks to screen and select tenants. • Prepare the House. Before renting, clean the house thoroughly and tackle any looming improvement projects prior to leasing. • DocumentGo to Article
The Denver Post reports that Colorado is currently experiencing one of the best real estate markets in the country. At least that is the case for sellers. Homes in the Denver metro area are among the fastest selling in the nation. Joining Denver with the fastest moving sales in the nation are Oakland, San Jose,Go to Article