Due Diligence

A Wall of Water Hits Boulder

by Osman Parvez If you happened to be in Boulder yesterday morning, you may have heard the sirens. Boulder was practicing for a flood evacuation. While there is little statistical chance of a massive flood rampaging down Boulder Canyon into the City of Boulder, on July 31, 1976 just such a flood did occur nearby. The Big Thompson Flood killed 145 people, destroyed 418 houses, and caused more than $40 million in damages - in about two hours. Whether or not you live or work in the flood zone, have a plan for you and your family including a safe [...]

April 21, 2006|Boulder, Due Diligence|

Black Gold?

by Osman Parvez With rising energy prices predicted in the future, perhaps you've entertained the notion of turning the oil and gas buried in the ground below your property into royalty checks 'ala Beverly Hillbillies' Jed Clampett. Not to dash your daydreams, but like most western states, Colorado has separate ownership of underlying minerals and surface real estate. Somebody else very likely owns the oil and gas. Kidding aside, where this has real impact is when it comes time to buy or sell property in Colorado. Title searches may turn up leases or other records that indicate ownership to the [...]

March 20, 2006|Due Diligence|

Realtor Conflicts and Buyer Agency

by Osman Parvez According to the Colorado Realtor Commission approved definitions of working relationships, a buyer's agent "works solely on behalf of the buyer to promote the interests of the buyer with the utmost good faith, loyalty and fidelity." Yet, brokers are constantly bombarded with enticements that may create conflict with their responsibility as a Buyer's Agent. Here's an example. Let's say I take up the realtor who emailed me today with an offer for $2500, a chair massage, gift certificates, and a free breakfast (click on image below). Later, when I bring my client to look at the property, [...]

December 13, 2005|Boulder, Due Diligence|

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Locations, Due Diligence, Negotiation

Testimonials

We can highly recommend Sophie. Her attention to detail and communication skills are great. Our home was in area that most realtors are not familiar with, but Sophie took extra time to get to know the neighborhood in order to give us quality service. She also brought in a professional photographer to make our home look its best. Even though the listing was in winter, the house sold quickly. With Sophie’s business and people skills, we have no doubt she will be a top realtor in the area.

Osman was a refreshingly honest realtor. He stressed through the entire process that his goal was to make me happy with my home purchase. I greatly appreciated the fact that he never shied away from pointing out the negatives as well as the pluses of different places while leaving the final decision up to me.

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