by AREI | Mar 5, 2024 | Career Development
Oh, the controversy! Google the question and you will find a plethora of opinions. Many originate simply from a defensive attitude designed to limit the brokers liability, without consideration of duties or best practices. This article will offer an alternative...
by AREI | Feb 7, 2024 | Career Development, Current Events
Understanding a Wrap Around Mortgage Historically a “wrap around mortgage” was used to accomplish a lower blended rate on real estate purchases in high interest rate environments. For example, let’s presume a seller has an existing loan at 3% interest for 50% of...
by AREI | Jan 16, 2024 | Career Development
MISREPRESENTATION OR FAILURE TO DISCLOSE A MATERIAL FACT. Colorado license law and Real Estate Commission rules require a licensee to disclose all known material facts. Facts are “material” if knowledge of such fact would affect a buyer’s decision to make an offer, or...
by AREI | Dec 28, 2023 | Career Development
This post is designed to assist licensed real estate brokers in Colorado avoid common mistakes while navigating through a transaction. Assume the judge will be the next person to read your contract Colorado License Law requires you to exercise reasonable skill and...
by AREI | Dec 13, 2023 | Industry News
The Current Market The real estate market is ever changing and evolving. In the current environment of high property values and increasing interest rates, people are understandably trying to find creative ways to get into a home. Purchasing property using “subject to”...
