This is one of those times that you could say that government really did cause your property taxes to go up. At least in respects to your vacant land in Pueblo West. According to the Pueblo County Assessor, there were roughly 1300 properties in Pueblo West that were identified an about 1,000 properties were given…
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The Pueblo County Treasures office is responsible for identifying, classifying, and determining the market value of all taxable real and personal property within a jurisdiction, essentially assigning a value to each property for the purpose of calculating property taxes; their primary function is to ensure fair and equitable distribution of the tax burden by accurately…
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The NATIONAL ASSOCIATION OF REALTORS® affordability index measures whether or not a typical family could qualify for a mortgage loan on a typical home. A typical home is defined as the national median-priced, existing single-family home as calculated by NAR. The typical family is defined as one earning the median family income as reported by…
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On August 7, 2023, SB23206 concerning information about Radon in residential real estate transactions go into effect. The law requires that each sales contract for a residential property contain the following, or a substantially similar, disclosure in bold faced type: THE COLORADO DEPARTMENT OF PUBLIC HEALTH AND ENVIRONMENT STRONGLY RECOMMENDS THAT ALL HOME BUYERS HAVE…
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When a buyer is looking at purchasing a home with a lower interest rate it may allow them the qualify for a more expensive home and save them money in interest payments. With mortgage interest rates at 20 year highs some owners are gaining a competitive advantage of their low interest rates when…
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NEW FEDERAL REQUIREMENTS ON REAL ESTATE TRANSACTIONS IN COLORADO (Provided by the Land Title Association of Colorado, May 2023) The Financial Crimes Enforcement Network has been issuing orders called “Geographic Targeting Orders” since 2016. Under these orders, the title companies that close or underwrite residential transactions that meet certain criteria are required to make additional…
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Any time the government wants to get into messing with the housing industry it very rarely turns out good. This bill would severely impact the rental housing market and not in a good way. As the bill has passed through committee it was thought to be defeated with the swing vote by Democrat Dylan Roberts.…
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Property tax revenues supports public schools, county governments, special districts, municipal governments, libraries and other taxing entities. All of the revenue generated by property taxes stays within Pueblo county. The Pueblo County Assessor is responsible for classifying and valuing all property in the county in accordance with state laws. The assessor will establish a…
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In Colorado, it’s not a matter of do you have radon, it’s a question of how much radon do you have? What is Radon? Radon is a naturally-occurring radioactive gas that can cause lung cancer. Radon gas is inert, colorless and odorless. Radon is naturally in the atmosphere in trace amounts. Outdoors, radon disperses rapidly…
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When you sell a house, you’re looking to get the most you can for it. What if a company promised you’d make more money selling it to them than you would on the open market? You’d probably say, “Sold!” According to the FTC, that’s what house buying company Opendoor Labs told people looking to sell their homes…
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