Multiple Offers – from Multiple Perspectives
Perspective matters. How does the collection of laws and rules related to multiple offers look to a buyer’s representative? How does that collection look to a seller’s representative?
Property Managers: Do’s and Don’ts as Eviction Ban Ends
The ban’s end allows tenants to once again be evicted. However, rules must be followed to legally complete the task. For example, a property manager must have written permission from the landlord to do so.
Dear Joey: I Filed a Timely Complaint. Why Hasn’t It Been Heard?
An associate filed an ethics complaint and feels certain she did so within 180 days. However, over a year has passed since filing, and the hearing is just now coming up. Something must be wrong – right?
Legal Dangers If Buyers Make Offers ‘More Appealing’
Part 1 of a 3-part series: Buyer’s offers. In today’s competitive market, buyers scramble to make their offer the most appealing one in the seller’s pile. But sometimes they may agree to concessions that do them more harm than good.
SBA Simplifies Paycheck Protection (PPP) Loan Forgiveness
Small businesses that borrowed $150K or less can soon apply for loan forgiveness directly through the Small Business Administration rather than their lender.
Pool Homes Commanding Higher Prices Across U.S.
While pools are unique in many U.S. areas, they’re more common in Fla. In some South Fla. metros, 3 out of 4 homes offer a swimming pool in the backyard.
Mortgage Rates Move a Little Bit Higher This Week
While average mortgage rates have generally declined over the past few weeks, the 30-year, fixed-rate mortgage rose from last week’s 2.78% to 2.80%.
Pandemic Boat Buys Boost Demand for Homes with Docks
Boating’s appeal skyrocketed during pandemic-era social distancing, and the water-lovers who pushed boat sales 12% higher now need a place to park it.
Fed Maintains Interest Rates, Downplays Rising Pandemic Risk
The Federal Reserve didn’t change interest rates, largely downplayed inflation fears, and said each successive wave of pandemic resurgence has had less economic impact.
NAR: June’s Pending Home Sales Fall 1.9%
The number of homes that went under contract “has seesawed since Jan.,” says NAR Chief Economist Lawrence Yun, but higher home prices have taken a toll. In areas where housing is more affordable, local pending sales rose because buyer demand remains strong.