A man who allegedly posed as a real estate agent to acquire hefty rental fees has been arrested in Westchester County, New York. Fake real estate agent used Trulia, Zillow to scam renters As first reported by the Putnam Daily Voice, Irvington police arrested Ricardo ... » Learn More about Fake real estate agent
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July Home Sales Fire up Strength
Following an un-seasonal decline in home sales in June, July home sales bounced back ending a nine month climb of year-over-year inventory growth, in accordance with the July 2019 RE/MAX National Housing Report. Low-interest rates seem to have brought more buyers into the mix resulting in cautious ... » Learn More about July Home Sales Fire up Strength
Word of caution-Risky Mortgage Product
The U.S. Office of the Comptroller of the Currency (OCC) is instructing banks to keep tight underwriting standards for a risky form of unconventional mortgage that is focused on a borrower’s assets. The “asset loan” - a form of mortgage once associated with the wealthy - is now being used ... » Learn More about Word of caution-Risky Mortgage Product
Floridians Turn to Their Insurers
The insurers companies of the Florida Property & Casualty Association (FPCA), an industry trade group made up of Florida-based homeowners insurance companies, are ready to help customers as a direct consequence of the storm, in accordance with a news release. Floridians Turn to ... » Learn More about Floridians Turn to Their Insurers
Contracts and Force Majeure
How exactly does the force majeure provision in the Florida Realtors/Florida Bar “As Is” contract work given that a hurricane has interrupted some transactions? Meaning “superior force” in Latin, force majeure outlines just how a buyer and seller will continue. Contracts and ‘Force ... » Learn More about Contracts and Force Majeure