Colorado

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The modern-day state of Colorado was perhaps first inhabited by Paleo-Indians about 15,000 years ago as suggested by the artifacts discovered at the Lindenmeier Archeological Site. Some of the later recorded contemporary Native American tribes in this area around the time of the European expeditions were; the Pueblo people who inhabited the area around the Colorado Plateau, the Ute Nation, who lived in the highlands, while the Comanche and Apache were typically found in the lower and eastern parts of this state. Other notable groups who visited this area primarily in hunting expeditions were the Cheyenne and Arapaho nations.

The Spaniard Juan de Onate was the earliest known European to arrive in this area in the late 16th century. Juan de Ulibarri laid claim on much of the southwestern part in 1706 which later became part of the Province of Nuevo Mexico. The northeastern part of the territory, however, was initially controlled by France and then later acquired by the USA through the Louisiana Purchase of 1803. Mexico’s defeat in the Mexican-American War in 1848 and their ceding to the United States a vast track of land in the modern-day southwestern part of the USA was the final piece of paving the way for the Territory to be created on February 28, 1861. This territory was named after the Colorado River, and its original boundaries drafted during its creation are still used to this day.

Colorado was admitted to the union as the 38th state with an estimated population of about 190,000 people on August 1, 1876. It covers an area of about 104,094 square miles making it the 8th largest state in the country. With its estimated 5.5 million people calling it home, it now ranks as the 22nd most populous US state. This state has been nicknamed the Centennial State and is guided by the motto which is borrowed from Latin words; ‘Nil sine numine’ which translates to; ‘Nothing without providence’.

The state is located in the western part of the United States and shares its borders with the states of Wyoming, Nebraska, Kansas, Oklahoma, New Mexico, Arizona and Utah. It is part of the 4 Corner States and known for its diverse topography in various regions. The Rocky Mountains occupies the central part of this state with Mount Elbert being the highest peak in the state. The Eastern Plains are located on the eastern side and the Western Slope is located on the west side of the American Continental Divide. Colo. has one of the most diverse climatic conditions. Unlike most Mountain states, the south of Colo. is cooler than the north. The Mountains, desert lands, foothills, and plains affect the local climate, and the general rule is that the temperature increase with the decrease in altitude.

This state has 64 counties which serve as important units of governance in the state. Nine Counties here have a population of 250,000 or more while eight counties have less than 2500. The most populated counties are in the Front Range Urban Corridor.

This state has various monuments, national parks, scenic places, and preserves. The Santa Fe National Historic Trail cuts across five states and commemorates the route used by traders when conducting trade between Santa Fe and Missouri. The Rocky Mountain National Park is quite famous with the fans of mountain climbing, camping and trekking along the Trail Ridge Road and gets over 3 million visitors annually. The Mesa Verde National Park is known for its preservation of the dwellings of the Ancient Pueblos, who inhabited this area very many years ago. The Great Sand Dunes National Park and Preserve’s name explains it all from what you should expect. Apart from the massive dunes, there are trails and hiking areas within this park. The Black Canyon of the Gunnison National Park is a great recreational site with activities such as fishing, stargazing, snowshoeing, wildlife viewing, skiing, horseback riding and camping among many others. Other great places to visit here include the Flatirons in Boulder, the CO National Monument in Fruita, the Denver Botanic Gardens, the Peak to Peak Scenic Byway near Estes Park, Fish Creek Falls in Steamboat Springs, Kebler Pass in Crested Butte, Independence Pass in Aspen, Hanging Lake Trail in Glenwood Springs, Cache La Poudre River in Fort Collins, Bear Creek Lake Park in Lakewood, Cherry Creek State Park in Aurora, and both Pikes Peak and the Garden of the Gods near Colorado Springs.

This state has various museums that focus on different areas such as history, sports, science, arts and culture of its residents. The Colo. Ski & Snowboard Museum explores the history of snowboarding and skiing in this state. The ProRodeo Hall of Fame & Museum of the American Cowboy focuses on the history of the cowboys and rodeos in the country. The National Mining Museum explores the history of the mining industry in the United States fully fitted with a Gold Rush Room, which is a replica of a prospector’s cave and a model railroad. The Wings Over the Rockies Air & Space Museum in Denver focuses on the evolution of space travel along with civilian and military aircraft. The Children’s Museum of Denver provides the kids with an ideal place to learn, play and interact. Other places that are considered some of the top places to visit here are the Durango and Silverton Narrow Gauge Railroad and Museum, the National Museum of World War II Aviation, and the Denver Art Museum.

The city of Denver serves as the capital and this town has been ranked by the Globalization and World Cities Research Network as a Global City due to its geographical location and its strong economy. This city is known by various nicknames such as; the Queen City of the Plains, the Mile-High City, the Wall Street of the West, and the Queen City of the Plains. This city is a major transport hub in the state with highways such as the I-25, I-70, I-270 and I-76 along with the Denver International Airport (DIA) for all commercial airline services.

Coloradans have a variety of schools to choose from to quench their thirst for formal education. CU, with its main campus in the city of Boulder, is the largest public university in this state. The other main public universities include; the Adams State University in the city of Alamosa, CMU in Grand Junction, CSM located in Golden, CSU with its main campus in Pueblo, Metropolitan State University of Denver, the United States Air Force Academy in Colorado Springs, and WSCU in Gunnison. Some of the major private universities in this state are the Regis University and CTU.

Various teams that play in different minor and major leagues call this state home. Some of the most notable ones are; the NFL Denver Broncos football team, the NBA DEN Nuggets basketball team, the MLB Rockies baseball team, and the NHL Colo. Avalanche ice hockey team. College level sports has an extensive following with several teams competing in NCAA Division I. The major teams include; the Air Force Falcons, the CU Buffaloes, the CSU Rams, the DU Pioneers, and the UNC Bears.

The economy here primarily receives contributions from economic sectors such as banking, retail, food processing, tourism, finance, healthcare, insurance, agriculture, and transport just to mention a few. This state is headquarters to nearly 10 Fortune 500 Companies like Arrow Electronics, DISH Network, DaVita HealthCare Partners, Liberty Interactive, Ball, Newmont Mining, Level 3 Communications, Western Union, and CH2M Hill. Some of the other largest employers are; the Sylvan Learning Center, Lockheed Martin Space Systems, Peterson Air Force Base, Fort Carson Army Base, Liberty Tax Services, Vitamin Shoppe, Exempla St. Joseph Hospital, UCHealth, and Terumo.

When buying or selling a house here, the real estate closing agent will typically use a Warranty Deed, Special Warranty Deed, Bargain and Sale Deed, or Quit Claim Deed to convey the title of the property to the new owner. For the deed to be legally valid, the document must include the property’s exact legal description, which usually comes from language within the property’s original survey. The Centennial State primarily follows the Public Land Survey System (PLSS) methodology when surveying real estate. They use three initial starting points for their PLSS in this state which are the Ute Meridian, the New Mexico Principal Meridian, and the Sixth Principal Meridian.

If you aren’t paying cash for the home and are instead getting a loan to buy the piece of real estate, then understand that this is primarily a title theory state here. This simply means that the raw title of the property will remain in a trust and held by a trustee until the lien is completely paid off. The most common document that is used here to secure the lender’s interest in the title is called a Deed of Trust or a Trust Deed.

If for some reason the borrower cannot repay the loan, then the lender can save time and money and avoid having to go through the court system. They do this by merely starting a non-judicial foreclosure which typically only takes about 145 days to complete.

The laws that pertain to the foreclosure process here are in the C.R.S. of Title 38 and Articles 37, 38, and 39. However, if you are a landlord here that needs to evict a non-paying tenant, then you would need to reference Title 38, Article 12, Part I and III instead. Whereas if you are looking to become a real estate broker, then you would just deal directly with the CO Division of Real Estate, which oversees all the licensing of the agents and most of the implementation and enforcement of the Colorado Real Estate Laws. Amongst other things, the main requirements to get a real estate license here would be to be at least 18 years old, complete at least 168 hours of their approved real estate courses, successfully pass state real estate licensing exams, pass some criminal background checks, and pay the various required licensing fee.

The rich culture, diverse economy, fantastic parks, modern education system, preservative museums and the beautiful terrain are just a few reasons why so many residents like calling the state home. Speaking of homes, if you happen to have one that you would like to sell, then we would be honored with the opportunity to purchase it from you. If the speed of selling your home is your concern, have no fear because we can close escrow very quickly. In fact, if you had only contacted Finally Sold ten days ago, your home could have already been Finally SOLD by now.

 

Some of the counties where we purchase properties in this state are: Adams | Alamosa | Arapahoe | Archuleta | Baca | Bent | Boulder | Broomfield | Chaffee | Cheyenne | Clear Creek | Conejos | Costilla | Crowley | Custer | Delta | Denver | Dolores | Douglas | Eagle | Elbert | El Paso | Fremont | Garfield | Gilpin | Grand | Gunnison | Hinsdale | Huerfano | Jackson | Jefferson | Kiowa | Kit Carson | Lake | La Plata | Larimer | Las Animas | Lincoln | Logan | Mesa | Mineral | Moffat | Montezuma | Montrose | Morgan | Otero | Ouray | Park | Phillips | Pitkin | Prowers | Pueblo | Rio Blanco | Rio Grande | Routt | Saguache | San Juan | San Miguel | Sedgwick | Summit | Teller | Washington | Weld | Yuma.

At Finally Sold, we buy most all single family homes in their as is condition. If you happen to have a property that you would like to sell, make sure you call us or fill out our short online form so that you too can once and for all get your property Finally SOLD!

Finally Sold is a national real estate investment company that specializes in helping homeowners sell quick for cash. We are not Realtors® or a real estate agency. We instead purchase houses and real estate for our benefit. No 'Agency' is created when selling a property to us. We are an Equal Housing Opportunity Provider. We do business in accordance to the Federal Fair Housing Law. One or more franchisees of Right Now Capital, LLC and the Finally Sold Brand may be licensed real estate agents.