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, 2017By Cindy Sellers Distressed Properties 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, 2017By Cindy Sellers Distressed Properties 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, 2017By Cindy Sellers Distressed Properties 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, 2017By Cindy Sellers Disclosure 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, 2017By Cindy Sellers Disclosure 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, 2017By Cindy Sellers Contract Releases 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, 2017By Cindy Sellers Contract Releases 0 Comment Read More »
I wrote a contract for my buyer, which was eventually ratified. I wrote a contract for my buyer, which was eventually ratified. The seller now wants to renegotiate the purchase price. If my buyer refuses to agree on a different price, do we still have a contract? April 26, 2017By Cindy Sellers Contracts 0 Comment Read More »
How is the “Date of Contract Acceptance” in the MAR Residential Contract established? How is the “Date of Contract Acceptance” in the MAR Residential Contract established? Is it the date on which the contract is actually formed and enforceable? April 26, 2017By Cindy Sellers Contracts 0 Comment Read More »
Unilateral Notice of Termination Under Contract/Release of Deposit. Unilateral Notice of Termination Under Contract/Release of Deposit. April 26, 2017By Cindy Sellers Contracts 0 Comment Read More »
Mutual Release of Contract/Release of Deposit. Mutual Release of Contract/Release of Deposit. April 26, 2017By Cindy Sellers Contracts 0 Comment Read More »
What is the difference between one party terminating the agreement and both parties executing a contractual release agreement? What is the difference between one party terminating the agreement and both parties executing a contractual release agreement? April 26, 2017By Cindy Sellers Contracts 0 Comment Read More »
What is the Interest Rate for Security Deposits? What is the Interest Rate for Security Deposits? April 26, 2017By Cindy Sellers Contracts 0 Comment Read More »
What is the definition of a variable rate commission to be used when filling out the MRIS (Bright) profile sheet for listing a property? What is the definition of a variable rate commission to be used when filling out the MRIS (Bright) profile sheet for listing a property? April 26, 2017By Cindy Sellers Commission 0 Comment Read More »
How should referral fees between agents be handled? How should referral fees between agents be handled? Can one agent pay another agent or must the fee go through the broker? April 26, 2017By Cindy Sellers Commission 0 Comment Read More »
When can a listing broker change the offer of compensation in the MLS? When can a listing broker change the offer of compensation in the MLS? April 26, 2017By Cindy Sellers Commission 0 Comment Read More »
Can a licensed RE Broker share commissions with an attorney who does not have a real estate license? Can a licensed RE Broker share commissions with an attorney who does not have a real estate license? April 26, 2017By Cindy Sellers Commission 0 Comment Read More »
I understand that real estate licensees may provide ministerial acts in a residential real estate transaction. I understand that real estate licensees may provide ministerial acts in a residential real estate transaction. What is a ministerial act? April 26, 2017By Cindy Sellers Agency 0 Comment Read More »
Please walk me through the process for completing the Consent for Dual Agency form, especially the “AFFIRMATION” section on the bottom of the second page. Please walk me through the process for completing the Consent for Dual Agency form, especially the “AFFIRMATION” section on the bottom of the second page. April 24, 2017By Cindy Sellers Agency 0 Comment Read More »
I am the broker for a small company and I still take listings. I am the broker for a small company and I still take listings. If another agent in my office has a buyer client interested in my listing, how can we make dual agency work? April 24, 2017By Cindy Sellers Agency 0 Comment Read More »