advance fee | firsttuesday Journal

Option Listings and the Guaranteed Sale Variation

by ft Editorial Staff | Mar 18, 2022 | Feature Articles, Real Estate, Video | 0

Grant of an option to buy a property at a predetermined price if the property does not sell during the listing period, and the guaranteed sale variation

DRE Hot Seat: Deceitful misrepresentations are not due diligence

by Amy Perry | Feb 25, 2022 | Fundamentals, Licensing and Education, Real Estate | 0

This article is part of an ongoing series covering violations of real estate law. Here, the Department of Real Estate (DRE) revoked the California real estate license of a broker who failed to comply with advance fee requirements while conducting prepaid rental listing service (PRLS) activities.

Advance Fees are Trust Funds

by ft Editorial Staff | Dec 10, 2019 | Real Estate, Video | 0

The proper handling of broker fees deposited with the broker before they are earned

Licensing for listing negative equity properties for short sale

by ft Editorial Staff | Sep 22, 2010 | Real Estate | 1

A licensing clarification: no special real estate license designation or endorsement is required for real estate licensees to list a negative equity property for sale or arrange a loan payoff discount on a short sale. Any...

FARM: Loan modification scammers prey on underwater homeowners

by ft Editorial Staff | Aug 26, 2010 | FARM Letters, Real Estate | 0

Most California homeowners who bought or refinanced after 2001, the super-heated years of the Millennium Boom, are underwater with negative equities. Their family balance sheets are in the red, insolvent. Since then prices have...

Loan modification scammers prey on underwater homeowners

by ft Editorial Staff | Aug 6, 2010 | Real Estate | 1

Most homeowners who bought or refinanced after 2001 during the superheated years of the Millennium Boom are in precarious financial straits – their homes being underwater with negative equities and their family balance sheets...