 |
 |
 |
 |
 |
The first change to PAR’s Agreement of Sale is the addition of a new paragraph 9 called Change in Buyer’s Financial Status. This new language requires a buyer to inform a seller if the buyer’s financial status has changed in any way that would affect the buyer’s ability to purchase the property.
Read more »
Inspection reports, comparative market analyses, appraisals, studies, assessments, etc. are not good, bad nor indifferent. They are factual and need to be assessed carefully by the ultimate user, the buyer.
Read more »
Recent changes to the Manufactured Home Community Rights Act affect Realtors® and transactions involving manufactured homes (also known as mobile homes).
Read more »
A recent decision by the Pennsylvania Supreme Court has basically invalidated local ordinances that restrict where sex offenders can live throughout the state.
Read more »
The Federal Trade Commission (FTC) today announced a new policy which suspends enforcement of virtually all the Mortgage Assistance Relief Services (MARS) rules against real estate licensees involved in short sales.
Read more »
Many of you know that there are certain circumstances under which a seller is not required to complete a Seller’s Property Disclosure Statement. Do you know where those exceptions are listed?
Read more »
With the overwhelming numbers of distressed properties in most areas, there are few real estate companies or brokers that can avoid working with foreclosures or short sales. By remaining cautious, ethical, and using additional documentation, many of the risks involved with these transactions can be avoided and allow a successful and profitable transaction!
Read more »
Earlier this year we told you about new federal rules that would potentially affect Realtors® (and others) involved in short sale negotiations.
Read more »
Under the Real Estate Seller Disclosure Law, the listing broker is required to provide the seller with the disclosure form and advise him of his responsibility to disclose all known material defects.
Read more »
Thursday, May. 17, 2012
