Enhance Your Cash Flow with the Stimulus Package, Banking Relationships, and Other Tax-Slashing Tactics My team and I literally dropped everything to put together this emergency presentation to talk to you about the small business stimulus package and what it means to you as a self-employed person… And I’ll also share some other tips to free up cash flow so you can...
A lot of you are asking, can I show property in my area? The answer to that question depends on the county in which you live and work. While the state Order has transitioned to a Safer at Home policy that provides guidance for real estate showings (see the full Public Health Order 20-28), some counties have opted to extend their stay-at-home orders that may impact your ability to provide showings. These local...
CBS 4 Denver spoke with several Colorado REALTORS® regarding conducting real estate showings during the COVID-19 Stay-at-Home orders. “It’s really been trying to figure out what the different orders are,” said LeAnn Gunnell, a licensed REALTOR® with Keller Williams. “That has been the biggest challenge for me this weekend.” She added, "That could encompass three different counties and those different counties...
Denver, CO – April 27, 2020 – The Colorado Department of Local Affairs’ (DOLA) Division of Housing (DOH) awarded $9.5M through the Colorado State Housing Board (SHB) for affordable housing and 80 new recovery-oriented housing vouchers with $144,000 of support services in March and April, and received $3M to provide COVID-19 housing relief across Colorado. Governor Polis signed Executive Order...
Update as of April 12, 2020: The Colorado Unemployment systems has begun accepting claims for workers who are eligible for benefits related to the CARES Act, including those who are self-employed (retroactive as far back as February 2 or when your work stopped as a direct result of COVID-19). Programming is also underway for the Federal Pandemic Unemployment Compensation, which is $600/week additional benefit (retroactive to...
Banks will now be able to postpone getting an appraisal on a residential or commercial property for up to 120 days after the mortgage closes under a new federal rule designed to help extend and streamline financing during the COVID-19 pandemic. The change was approved on April 12, 2020 by the Board of Governors of the Federal Reserve System, the Federal...
The COVID-19 pandemic has caused every industry to re-think the way it conducts business transactions. The real estate industry is prime example in which every entity has had to come together for solutions. Earlier this month, the Colorado Bar Association approved an addendum for real estate brokers allowing for 14-day extensions of already set deadlines, such as appraisals and closing...
The Colorado Sun recently spoke with several Colorado REALTORS on the state of the Colorado housing market in the midst of the COVID-19 pandemic and how they're working to meet the needs of their clients. “The last recession in 2008 almost shut us down,” said Ann Hayes, a REALTOR® in Grand Junction. “It’s very different (now). They (home sales) weren’t...
A Hopeful Message from CAR CEO, Tyrone Adams COVID-19 has made all of us do and try some things that maybe we wouldn't do otherwise. For me, it is trying new things while working remotely to prevent myself from sitting in one spot all day and falling victim to mindless snacking! I started practicing juggling when I take breaks. Now...
The IRS issued guidance Thursday evening to grant deadline relief for both 1031 like-kind exchanges and opportunity zone investments that are already underway. Both of these programs are designed to promote economic growth in communities, and NAR made the case that investors in these programs should not be harmed due to the effects of COVID-19. 1031 Like-kind exchanges. If an investor has taken the first step of...