Seller Deceased?  How to Handle the Contracts and Transfer of Title

Seller Deceased? How to Handle the Contracts and Transfer of Title

Who signs the contract?  How is it signed? What type of deed do we use? Do we need to open a probate? Should the estate transfer to the heirs before a sale?  What are the court “Letters” all about?  These are just a few of the many questions raised when a property sale involves a deceased owner.  The good news is that most sales involving deceased owners are not terribly complex.  Here are some pointers ton how to handle the contracts and transfer of title. read more…

Summer Home Sales — Sizzle or Fizzle?

Starting about the second week in July the talk among many real estate brokers in Colorado was that of a slow down.  Lack of showings, increased days on market, and price drops were all main conversation topics.  Debate among brokers fell into two main camps: those...

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Seller Finance — Walking the Minefield of Restrictions

Let’s say you own a home free and clear and you want to sell. You’re approached by a buyer willing to put 30% down, and then pay you the balance with seller financing. The buyer is self employed, has tons of cash, but he can’t qualify for a conventional loan until he...

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Study Shows Student Debt Keeping Millennials from Buying

Over the past decade home ownership levels have continued to decline.  Research by the Federal Reserve Banks of New York suggests many Millennials are too strapped with college debt to buy homes. Since 2009, student debt has doubled.  At the same time that college...

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Multifamily Rent Vacancy Down

The Apartment Association of Metro Denver just released second quarter data for multifamily housing in the Denver Metro Area. The report for house, condo 1-4 family comes out in a few weeks.  There are not many surprises in the report. Here is a summary: Vacancy rate...

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