firsttuesday Newsletter

Reader, sales slump, plus purchase agreement prep and cancellation
Week of March 6, 2023

When millionaires prefer renting to owning

When millionaires prefer renting to owning
White picket fence dreams are on pause and renting is trending for Millennial and Gen X millionaires, especially in California.

DRE Hot Seat: When mortgage originations go off the rails, repeatedly

DRE Hot Seat: When mortgage origination goes off the rails
The DRE nabs a broker who failed to disclose compensation received on mortgage origination forms — and more.

Form-of-the-Week: Right of First Refusal Addenda — Forms 162, 162-1 and 162-2

Form-of-the-Week: Right of First Refusal Addenda
A seller's agent uses RPI Forms 162, 162-1 and 162-2 to set notices for a holder of a right of first refusal.