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
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Video
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Economic Motives in a Rising Market
In a "hot" real estate market, a seller’s desire to capitalize on soaring prices can motivate them to wrongfully cancel an existing contract in pursuit of a higher offer. See what happens in the second episode of this series!
Forms
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Games
FARM Letters
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