In today’s hot market, buyers want to make their offer more appealing, and some consider the addition of “appraisal gap” language. But that can create unexpected problems – and it’s not one of the core elements included in Florida Realtors’ contracts.
A buyer insists on seeing the Seller’s Property Disclosure. Equally adamant, the seller refuses to fill one out. What happens next? The buyer’s Realtor calls Florida Realtors Legal Hotline to find out what they can – and cannot – demand.
Many times, buyers or sellers want to add specific language to their contracts that adds terms or changes the pre-printed language. While this may be doable sometimes, agents should use caution depending on the context of the changes.
I thought MLS offers of compensation were unilateral and unconditional, but I’m seeing more conditions, such as full compensation only for full-price offers submitted within a set number of days. What does “unconditional” mean?
UF: The Aug. index gauging Floridians’ attitudes fell 4.7 points, thanks in part to COVID-19. Still, it’s less than half the 10.9-point drop in a similar national study.
The Board of Directors met on the last day of the convention and confirmed Florida Realtors’ 2022 officers. Christina Pappas is 2022 president and Mike McGraw president-elect, with Gia Arvin confirmed as vice president, Tim Weisheyer as treasurer and Chuck Bonfiglio Jr. as secretary.
Americans felt less confident in Aug. when the pandemic resurged, and the confidence index fell to its lowest level since Feb. But it’s too soon to draw conclusions.
While housing price gains may be starting to slow, Case-Shiller’s June report found a year-to-year increase of almost 20%. One Case-Shiller analyst called the past few months “extraordinary not only in the level of price gains but in the consistency of gains across the country.”
The technology to visit, bid and close on homes existed pre-pandemic, and iBuyers now rely on it for more acquisitions – but it’s unclear how successful they’ll be.
Neat Loans says COVID-19 created a new health risk for borrowers, and the credit is one way to lessen the chance that one of its loans will go into foreclosure.