Home sellers throughout metro Denver recently enjoyed a multi-year run of good fortune. Offers to buy their properties were fast and meeting their listing prices. The seller's market was booming.Last summer shifted that longtime advantage. The boom is bordering on a...
Real Estate Transactions
Can you beat a cash offer to purchase real estate?
Nothing puts a seller’s mind at ease quite like an offer of cash in hand. These buyers seem to promise a quick closing and seem to have a lower liability than other customers. If you need to purchase property with the help of a mortgage lender, how can you beat...
A New Year. A Slow Start For The Real Estate Market.
The real estate market is not enjoying the happiest of new year’s.January did not improve the fortunes of home sellers in Denver as buyers failed to reach the number of available properties. Fewer buyers means fewer sales, lengthier listing times, and the...
Denver housing market ranked third in the United States
Colorado is known for its world-class skiing, picturesque scenery, hiking, rafting and other unique experiences that set it apart from the rest of the country. Recently, one of its most well-known cities, Denver, became recognized for another reason: the third...
Can you use cryptocurrencies to buy or sell a home in Colorado?
In Colorado, you might be able to buy a house for as little as 200 Bitcoins. However, that will cost you almost $800,000.Bitcoin is a type of cryptocurrency that gained popularity in the last few years. Cryptocurrencies are digital or virtual assets. They are...
Who gets the earnest money when a party backs out of a contract?
A mansion located next to the main chairlift at the Aspen ski resort is the center of a million-dollar real estate dispute involving earnest money. The Aspen Daily News recently reported that the buyer of a $17.5 million ski home backed out more than two months after...
Know your water rights before buying a lakefront property
Purchasing a home can be an exciting time, until you find out your real estate agent has not been telling you the truth. At least, that is what happened in Denver last month.Four Denver residents sued their realtor after discovering he "misrepresented [their]...
Zoning considerations relevant to Colorado real estate transactions
Do you ever wonder why and how the various areas of your Colorado city or town came to feature a rational divide among commercial, residential and industrial districts?Urban areas ranging from the largest enclaves down to the smallest municipalities have zoning rules...
In the wake of Amazon’s huge new HQ decision
Denver gave it a shot. Amazon opted for another dancing partner.The high-profile and protracted saga that some media outlets simply deemed “HQ2” finally came to an end this past Tuesday. Amazon executives announced that the world’s largest online...
Preventing a quiet-title action before your sale
Selling a piece of real estate, whether large or small, is an important matter for businesses and individuals alike. Perhaps the most important part of the transaction is ensuring that the seller of the property has clear title. In other words, the seller has all the...