Homeowners' associations (HOAs) are great for making sure your neighborhood stays safe, clean and respectable. However, HOAs, with their fees and other requirements, can also represent a serious difficulty and challenge for certain neighborhood residents. As such,...
Real Estate Transactions
2017 was a great year for real estate in Eagle County
Eagle County real estate has slowly recovered from the real estate collapse following the 2005 to 2007 real estate bubble. In fact, the real estate market in Eagle County saw its best year since 2007 -- for the number of transactions and sales volume. It's been a long...
The basics of a real estate transaction
If you are preparing to list your property on the market or are starting a search for a new home or commercial property, you should know the basics of a real estate transaction. You don't need to be well-versed in the mechanics of the transaction, but you should have...
Questions to ask when drafting an HOA agreement
An HOA agreement is binding for homeowners who want to live in the community. Though they may own their homes, these rules can be similar to those faced by people living in apartments.One big difference is that the HOA agreement is not just a code of conduct or a list...
Why should I check public records before a short sale?
When you buy a home in a short sale, a bank will allow the owner of the home to sell you the property at a discounted rate in order to pay off the existing mortgage. However, just because the home seller accepts your offer, it doesn't necessarily mean that the bank...
Metro Denver residential properties are increasing in value
Home prices in the metro Denver area have been increasing in value. According to the Denver Metro Association of Realtors (DMAR), the month of October proved profitable for residential properties in Denver, both for condos and single-family detached homes. The average...
Homeowners associations can create challenges when selling a home
When you own a condominium property, it's likely that you belong to a Homeowners Association (HOA). You may also belong to an HOA if you live in a neighborhood. While there are many benefits to belonging to an HOA -- such as rules that require neighbors to keep their...
What are some alternatives to home foreclosure?
If it looks like your home will be foreclosed by your lender in Colorado, you may still have some options that you could employ as an alternative to the foreclosure process. This article will take a look at three potential foreclosure alternatives, which you can...
New law promotes growth of Colorado condo market
Over the past decade, Denver’s condominium construction has been very limited. The percentage of new condos has fallen well below that of most major US cities. A new Colorado bill passed this spring looks to jump-start the Colorado condo community, and spark...