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Updated over 14 years ago on . Most recent reply

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Steve Larson
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Foreclosures

New Colorado Anti Flip Law

Steve Larson
Posted

Has anyone seen this? New law that requires disclosures to A side bank, seller, and b side buyer and b side lender.
Colorado House BIll 10-1133

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Jon Holdman
  • Rental Property Investor
  • Mercer Island, WA
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Jon Holdman
  • Rental Property Investor
  • Mercer Island, WA
ModeratorReplied

Link has been replaced with a link to actual bill. The bill requires the disclosures if the resale occurs in under 14 days. I've had e-mails from some local lenders upping their transactional loans to 14 days to avoid the restrictions of the bill.

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