Selling Real Estate

New Closing Instructions form for real estate transactions as of July 1, 2019

New Closing Instructions form for real estate transactions as of July 1, 2019

Due to the passage of Colorado House Bill 19-1098 known as “the deeds bill,” changes have been made to the Colorado Division of Real Estate’s standard form, Contract to Buy and Sell Real Estate (Residential). In addition to the changes to this contract, House Bill 19-1098 also necessitated changes to the Closing Instructions form used in Colorado real estate transactions.

Psychologically impacted or stigmatized homes

Psychologically impacted or stigmatized homes

When listing a home with a real estate agent, sellers of psychologically impacted or “stigmatized” homes often ask if a seller needs to disclose a something such as a murder or suicide occurring on the property. The answer is not the same across all states, but luckily, in Colorado, we have some guidance from the legislature.

How do you know you’ve gotten true market value of your home?

Market value is defined as the amount a home can be sold for in a given market. It is the most probable price that a property should expect to receive during a competitive and open market under all conditions requisite to a fair sale with the buyer and seller each acting prudently, knowledgeable and assuming the price is not affected by undue stimulus.


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