What is a lease option? Otherwise known as a “lease option to buy,” it is an agreement between a buyer and a property owner in which a buyer pays the owner money to purchase the property at a later date. This real estate tool can be a win/win for all parties involved, especially if both […]
Archives for December 2017
A Tour of the New Hiltons on Canyon Blvd.!
Just before they opened Duane Duggan, with the Boulder Property Network at RE/MAX of Boulder, was permitted into the new Embassy Suites Boulder and Hilton Garden Inn (collectively referred to as the Hiltons on Canyon) that just went up next door to RE/MAX of Boulder! If you have not yet had the pleasure of checking […]
Gifting a Down Payment and Gift Taxes
Duane Duggan with the Boulder Property Network and RE/MAX of Boulder affiliated attorney, Gina Weinberger, discuss gifting money to help someone with a down payment or purchasing a home. We covered lots of ground in this short podcast! Is there a limit to gifting? What is the lifetime threshold? When is there a tax burden? […]
Beware! Real Estate Transactions and Wire Fraud
This year electronic real estate transactions have undergone an onslaught of attacks as cyber-criminals attempt to steal wire transfer funds. Yes, even right here in Boulder! Sophisticated hackers have stolen hundreds of thousands of dollars by re-directing wiring instructions in the middle of a real estate transaction. For many clients, their entire life savings have […]