FHA changes could help buyers, rehab deals
FHA policy changes could give some buyers more flexibility on repairs, appraisals and financing, while keeping property condition, repair costs and lender timelines central to the transaction.
FHA policy changes could give some buyers more flexibility on repairs, appraisals and financing, while keeping property condition, repair costs and lender timelines central to the transaction.
HUD’s new guidance narrows how the agency will handle emotional support animal complaints under the Fair Housing Act, but NAR says housing providers should be careful before changing policies. Courts, state agencies and local fair housing laws may still treat the issue differently.
A dispute over a late escrow deposit centered on one missing contract detail: the seller never named the escrow agent. This case shows how leaving an escrow agent listed as “TBD” can turn a simple deadline issue into years of litigation and attorney fees.
A Tenant-occupied listing can still move smoothly if Realtors plan ahead. Learn key AS IS contract deadlines, including lease disclosure and tenant estoppel letter requirements.
What happened this year at NAR’s Realtors Legislative Meetings (RLM) in D.C. in June? Any changes to professional standards? What if you see something that could be better as it relates to professional standards? Is there anything we can do?