Articles

Colorado Land Contract vs Contract for Deed

This article outlines the Colorado Land Contract vs Contract for Deed. In Colorado, a land contract, installment land contract and contract for deed are the same thing under different names.  It is a sale of property by which the buyer pays the seller principal, interest, taxes and insurance, and the seller continues making payments on his […]

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Wraparound Sale in Colorado

This post discusses the wraparound sale in Colorado. A wraparound or “wrap” is a sale of property whereby the underlying loan is not paid off, but rather paid on a continuing basis by the seller.  The buyer makes payments to the seller on a note or contract (land contract aka “contract for deed).  A wrap […]

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Due on Sale Clause on a Wrap in Colorado

The “due-on-sale” clause is probably the most talked about, feared and misunderstood topic in real estate. This article will dispel any misunderstandings you may have about the due-on-sale and suggest a simple, yet effective strategy to get around it What is the Due-on-Sale Clause? Before we discuss how to get around the due-on-sale, we must […]

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Handling Payments on a Wrap in Colorado

This article discuss handling payments on a wrap sale in Colorado. A common question that often comes up is how payments are handled on a wraparound or “wrap” installment land contract in Colorado. Theoretically, the buyer pays the seller, and the seller pays his underlying lender.  However, what if the seller decides not to pay […]

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