Denver’s real estate market is rapidly growing, but what is driving that market and why is it becoming a millennial haven? Q: I recently heard you on the air talking about rental construction in Denver. I just visited my two boys there, and I saw all the cranes up close. I wonder: who is filling [...]
During a divorce, it helps to stay objective. An emotional attachment to your assets isn’t always worth the financial burden of fighting to keep them. Q: I am a 60-year old female with a part-time minimum wage job and I just got served papers for the dissolution of a 17-year marriage. We have a beautiful [...]
After divorce, your capital gains tax burden on the sale of a property owed with your ex-spouse can be difficult to determine. Q: I separated from my husband five years ago, was divorced four years ago. As part of the divorce decree, he was to live in the house until both of our children went [...]
It’s important to have a property title in place before you can sell, even if it means hunting down or replacing lost documents. Q: We purchased our property (2.4 acres) about 20 years ago. The main house is a mobile home on a cement foundation. During the process of selling our property, we discovered that [...]
Since Hurricane Harvey hit, the news coming out of Texas and Louisiana has been heartbreaking. Some people survived Katrina only to be caught up in another catastrophic storm, and others not only lost property, but family and friends as well. The victims continue to be in our thoughts and prayers. If you’re in a position [...]
Typically, a land contract will determine the length of time you're required to make payments on a home before you own it. As in this reader's case, factors like the death of the seller can complicate the process. Q: I got a house on a land contract in 2005 and the seller died and I’ve [...]
After foreclosure, homes go to sheriff's sale to satisfy the amount owed on the mortgage. Whether you still owe money after the sale depends on a few factors. Q: My house sold at Sheriff's auction to my mortgage lender. They have recently sold it, how do I get information that my loan was covered and [...]
When it comes to quitclaimed land, as in this reader's case, you won't have legal ownership of the title if your relative didn't have legal ownership to begin with. Q: My husband's mother inherited land from a family member and isn't allowed to sell it. We moved onto an acre of it with a mobile [...]
When it comes to joint ownership and estate planning, it's important to understand whether you own the property as tenants in common or tenants with rights of survivorship. Q: I have a question. My brother and I got an apartment together nine years ago. We are joint owners. He was never married but has four [...]
Medicaid can penalize you for selling assets, like a second home, for less than they're worth. An attorney can help find the best solution for you and your family. Q: My parents own two homes, one is their primary residence, and the other belonged to my mother’s parents which she received upon their death. Both [...]
