How to deal with Earnest Money
Due to risks from LLR, any BIC should only disburse… Continue Reading How to deal with Earnest Money
How to Use Due Diligence Correctly
The Legal Hotline is getting reports that buyer reps are… Continue Reading How to Use Due Diligence Correctly
Notice about changes to the LLR updates the Seller Disclosure…SCR updates SCR230 (Seller Disclosure)
LLR updated Residential Property Condition Disclosure Statement to account for… Continue Reading Notice about changes to the LLR updates the Seller Disclosure…SCR updates SCR230 (Seller Disclosure)
Why is the SCR definition of Business Days unusual?
The SCR forms committee wanted to make it virtually impossible… Continue Reading Why is the SCR definition of Business Days unusual?
Commonly Forgotten SCR Residential Addendum
SCR391 - this addendum is a great addition to every… Continue Reading Commonly Forgotten SCR Residential Addendum
WARNING: It is Risk to Pay Referral Fees to PMIC’s (or Unlicensed Folks)
Due to federal RESPA laws (max penalties: Â $10,000 fine and… Continue Reading WARNING: It is Risk to Pay Referral Fees to PMIC’s (or Unlicensed Folks)
A warning about using Text Messaging
Based on hotline communications, licensees are often very informal and… Continue Reading A warning about using Text Messaging
Home Sales for May 2017: Raw Count
Simple raw counts of home sales are often more meaningful… Continue Reading Home Sales for May 2017: Raw Count
That Small Backyard Can Still Be a Selling Point
By Melissa Dittmann Tracey, REALTOR® Magazine Don’t underestimate the power… Continue Reading That Small Backyard Can Still Be a Selling Point
CFPB ‘Know Before You Owe’ Announcement May Offer Relief for Agents on Disclosure Sharing
In an update to the “Know Before You Owe†mortgage… Continue Reading CFPB ‘Know Before You Owe’ Announcement May Offer Relief for Agents on Disclosure Sharing