In the wake of the recent storms to hit Northern Colorado, many local homeowners are assessing their damage and being heavily solicited by contractors of various kinds. Be careful. Our firm received a number of calls from people in the months following the Windsor tornado, looking for assistance in dealing with contractors who either did not complete work in a good and workmanlike manner, or in some instances failed to do a job at all after having been paid large sums of money. The reality is, while there are a lot of decent, hard-working contractors who do good work in Northern Colorado, there are just as many fraudulent contractors who drift from storm to storm and hold themselves out as Colorado businesses, preying on homeowners dealing with hail damage. Unfortunately, it is difficult to pursue legal remedies against such frauds when they have disappeared within a few months.
Because of the new 2013 Obamacare taxes, should you sell real estate and other investments in 2012? Perhaps, but it depends.
There is a scary email circulating that says there will be a Federal Real Estate Sales Tax starting in 2013 for the sale of a home. Here are the facts:
With the rebounding housing market and low interest rates, many people are considering the purchase of a home either as a primary residence or as an investment property. Although the market is rebounding, there are still a substantial amount of foreclosed properties which are coming available. However, there are some issues of which buyers should be aware of when purchasing a foreclosed property in Colorado at a Public Trustee sale.