Upront loan fees: Buyer beware

I have said for a while now to watch out for brokers/lenders requiring upfront fees prior to closing. This recent article on 9 news in Denver highlights this concern. The mortgage broker is accused of bilking customers out of over 500k in fees without ever providing a...

Close your Colorado Hard Money loan in 2011

I hope everyone has had a healthy and prosperous 2011. Fairview has closed hundreds of private/hard money loans this year both in Denver and throughout Colorado (below is just a small sample). Since Fairview is privately funded we are able to close loans quickly. All...

Colorado Foreclosures at their Peak

Based on the recent Colorado Housing report it appears foreclosures have peaked in Colorado. In metro Denver, I think values are at or near the bottom. In the suburbs there is likely a little more room to fall although we should be close to the bottom. We have closed...

Agricultural exemptions in Colorado: how to solve the problem

There has been a recent uproar regarding agricultural exemptions. Should a developer who is unable to develop their platted subdivision be eligible for a agricultural tax exemption? A number of recent articles in the Denver Post have discussed this issue (Link to...