Selling

HOA violation before closing

Weeds, a Clown, and a Seller Walk Into Court… Transparency Series #23 HOA documents aren't exactly exciting reading. Until they are. I represented a buyer purchasing a home in an HOA. My buyer lived out of state, and during the transaction we received information from the HOA indicating that the seller was not in compliance. The problem? Weeds and...

Transparency Series #22: Who Should Pay the Buyer’s Agent — and How Much?

I keep hearing that we're in a "buyer's market." I've even seen buyer's agents use that as a reason to ask a seller for higher compensation. But that raises a bigger question for me: How should a buyer's agent's compensation actually be determined? I frequently hear agents say, "I've been working with these buyers for two years," as part of the explanation for why they need a certain amount of...

When Housing Stopped Being Local

When housing stopped being local Part 16 of the Real Estate Transparency Series To start at the beginning of my Transparency Series, go here.  Part 1 During the foreclosure crisis, I learned something that changed the way I look at real estate. I learned what happens when the people making decisions about a home have never actually seen it. At first, that...

Denver Home Inspections-What to Know

Part 14 Rust = Dysfunctional? Says Chuck in a Truck And in Colorado, no state license is required to perform a home inspection. The Word Problem A home built in 2000 is younger than me — we both have to maintain what we have. But rust does not define dysfunctional. So when I reviewed a recent inspection report on an older Denver home and saw 76 out of roughly 100 items labeled...

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