Features, Real Estate
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Form-of-the-Week: Purchase Agreement with Short Sale Contingency, and Deed-in-Lieu of Foreclosure — Forms 150-5 and 406
Alternative methods to a foreclosure sale on mortgaged property include a short sale and a deed-in-lieu of foreclosure. RPI Form 150-5 allows a buyer to purchase a property when the mortgage holder agrees to take a reduced payoff to satisfy the debt and clear title. RPI Form 406 allows an owner to deed their property directly to their mortgage holder.
Buyer Representation
Analyzing the buyer representation agreement
Learn to explain to your buyer and tenant clients the provisions contained within the buyer representation agreement and tenant representation agreement.
Charts
Video
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Failure to Act and Act Timely
In this series, we break down the critical steps every buyer agent must take to protect their buyer. From enforcing specific performance to calculating recoverable money losses, you'll see how to navigate a seller’s breach with confidence and precision.
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FARM Letters
