Is it legal for a Maryland real estate licensee to prepare a Broker Price Opinion for a fee? Is it legal for a Maryland real estate licensee to prepare a Broker Price Opinion for a fee? April 26, 2017 By Cindy Sellers License Law 0 0 Comment Read More »
Can you explain the Lead Renovation, Repair and Painting (RRP) Rules? Can you explain the Lead Renovation, Repair and Painting (RRP) Rules? April 26, 2017 By Cindy Sellers Lead Based Paint 0 0 Comment Read More »
Could you explain the the federal law regarding lead-based paint disclosure? Could you explain the the federal law regarding lead-based paint disclosure? April 26, 2017 By Cindy Sellers Lead Based Paint 0 0 Comment Read More »
Is Maryland REALTORS® Maryland Lead Poisoning Prevention Program Disclosure Form required on the sale of homes built pre-1979 even if they have never been rentals? Is Maryland REALTORS® Maryland Lead Poisoning Prevention Program Disclosure Form required on the sale of homes built pre-1979 even if they have never been rentals? April 26, 2017 By Cindy Sellers Lead Based Paint 0 0 Comment Read More »
Is it proper for the buyer’s agent to attach a document entitled, “Commission Agreement,” to the offer, which essentially increases the percentage of compensation the listing broker initially offered in the MLS? Is it proper for the buyer’s agent to attach a document entitled, “Commission Agreement,” to the offer, which essentially increases the percentage of compensation the listing broker initially offered in the MLS? April 26, 2017 By Cindy Sellers Ethics 0 0 Comment Read More »
Is it illegal and/or unethical for an agent to refuse to show another company’s listing to a buyer client based on the compensation being offered to the agent by the listing company? Is it illegal and/or unethical for an agent to refuse to show another company’s listing to a buyer client based on the compensation being offered to the agent by the listing company? April 26, 2017 By Cindy Sellers Ethics 0 0 Comment Read More »
My broker has informed me that under no circumstances may I contact the owners of property following my departure from the company and that any listing I have will remain with my current broker. My broker has informed me that under no circumstances may I contact the owners of property following my departure from the company and that any listing I have will remain with my current broker. Is my broker right? April 26, 2017 By Cindy Sellers Ethics 0 0 Comment Read More »
Can an unrepresented buyer purchase a residence in default for himself or for a family member? Can an unrepresented buyer purchase a residence in default for himself or for a family member? April 26, 2017 By Cindy Sellers Distressed Properties 0 0 Comment Read More »
A buyer is purchasing property from an unrepresented FSBO seller who is either in default or in foreclosure and the seller needs to do a lease-back for a couple of days. A buyer is purchasing property from an unrepresented FSBO seller who is either in default or in foreclosure and the seller needs to do a lease-back for a couple of days. What do I need to know? April 26, 2017 By Cindy Sellers Distressed Properties 0 0 Comment Read More »
I have a buyer-client who wants to purchase a property that is “for sale by the owner” (FSBO). I have a buyer-client who wants to purchase a property that is “for sale by the owner” (FSBO). What do I have to do to comply with PHiFA? April 26, 2017 By Cindy Sellers Distressed Properties 0 0 Comment Read More »
. Is a licensed real estate professional working with a seller in default under a valid listing agreement exempt from PHiFA? Is a licensed real estate professional working with a seller in default under a valid listing agreement exempt from PHiFA? April 26, 2017 By Cindy Sellers Distressed Properties 0 0 Comment Read More »
How do I identify potential mortgage fraud and what should I do if I suspect it is occurring? How do I identify potential mortgage fraud and what should I do if I suspect it is occurring? April 26, 2017 By Cindy Sellers Distressed Properties 0 0 Comment Read More »
I am in discussions with a prospective client on a listing for a property that will be a “short sale.” I am in discussions with a prospective client on a listing for a property that will be a “short sale.” Do I have to disclose this fact to prospective buyers? Are there any other issues of which I should be aware? April 26, 2017 By Cindy Sellers Distressed Properties 0 0 Comment Read More »
Is it legal for an REO seller to require the buyer to use a specific title company? Is it legal for an REO seller to require the buyer to use a specific title company? The Buyer doesn't want to lose the house; however, they don't want to use the seller/REO's title company. April 26, 2017 By Cindy Sellers Distressed Properties 0 0 Comment Read More »
In a short sale, after I have a fully executed contract, can I leave it active on the MLS and note that the seller is taking back-up offers? In a short sale, after I have a fully executed contract, can I leave it active on the MLS and note that the seller is taking back-up offers? April 26, 2017 By Cindy Sellers Distressed Properties 0 0 Comment Read More »
. I represent a seller in a short sale transaction. I represent a seller in a short sale transaction. Where can I find guidance about the lender’s procedure for handling offers that come in after the property goes under contract? April 26, 2017 By Cindy Sellers Distressed Properties 0 0 Comment Read More »
As a real estate licensee, am I required to advise potential purchasers of the property as to the occurrence of the suicide upon the premises? As a real estate licensee, am I required to advise potential purchasers of the property as to the occurrence of the suicide upon the premises? April 26, 2017 By Cindy Sellers Disclosure 0 0 Comment Read More »
What is the difference between a latent defect and a material fact? Who must disclose what? What is the difference between a latent defect and a material fact? Who must disclose what? April 26, 2017 By Cindy Sellers Disclosure 0 0 Comment Read More »
When a contract will not settle, how do I get the property back on the market? When a contract will not settle, how do I get the property back on the market? April 26, 2017 By Cindy Sellers Contract Releases 0 0 Comment Read More »
What options does a broker have when there is dispute over the deposit? What options does a broker have when there is dispute over the deposit? April 26, 2017 By Cindy Sellers Contract Releases 0 0 Comment Read More »