Colorado Home Mortgage Loan

I am a pretty trusting person so from time to time when I see something come up that you need to be aware of I will write about it here.  Colorado homes will begin to flood the market again this summer season and two days ago we had an alarming thing happen in one of these Colorado homes.  I have never suggested to any of my clients to take pictures of any Colorado homes in the past, but one client did just that.  To our disbelief the owners of the house had swapped out the appliances.  The appliances that were put in after the fact, appeared to be less superior then the original appliances.  The sellers basically did a bait and switch and in doing so committed fraud.  Colorado homes are expected to remain in the exact shape that was agreed upon in the contract between the buyers and the sellers.  Doing something like this constitutes as fraud, and in the many years that I have been doing transactions for Colorado homes I have never seen this happen.  If there is any thought in anyone’s mind that this is some how OK, you would be wrong.  The seller of this home now will need to compensate the buyers for the loss of trust that took place, which will probably not happen.  The end result is that the buyers will be looking for another Colorado home and this seller will be required to put their house up on the market again.  It is a sad sad example of what people will do, and for what a $400 difference in appliances.  Colorado homes being listed this summer please remember to do the right thing and if there is any doubt on whether you are doing the right thing, odds are you will be better off not doing that.  God bless and have a great weekend.

Daniel