The liquidated damages provision and the breaching buyer’s deposit when prices decline
Agents need to be aware of the maximum dollar amount the seller is entitled to receive upon a buyer’s breach – especially when home prices are falling.
Read Moreby Carrie B. Reyes | May 15, 2023 | Buyers and Sellers, Feature Articles, Real Estate, Recessions, Your Practice | 0
Agents need to be aware of the maximum dollar amount the seller is entitled to receive upon a buyer’s breach – especially when home prices are falling.
Read Moreby Carrie B. Reyes | Apr 24, 2023 | Buyers and Sellers, Feature Articles, Market Watch features, Your Practice | 0
Buyer remedies when a seller breaches or cancels a purchase agreement
Read Moreby Carrie B. Reyes | Apr 17, 2023 | Buyers and Sellers, Feature Articles, Real Estate, Your Practice | 0
Avoid premature termination when purchase agreement objectives can be met by extending dates.
Read Moreby Carrie B. Reyes | Mar 13, 2023 | Buyers and Sellers, Feature Articles, Real Estate, Your Practice | 0
Gone are the days of minimal or delayed property disclosures.
Read Moreby Carrie B. Reyes | Mar 2, 2023 | Buyers and Sellers, Feature Articles, Market Watch features, Real Estate, Your Practice | 0
When is a buyer or seller entitled to exercise their right to cancel a purchase agreement and escrow instructions?
Read Moreby Carrie B. Reyes | Feb 20, 2023 | Buyers and Sellers, Feature Articles, Home Sales, Real Estate, Your Practice | 0
The risky business of pocket listings are dangerous for sellers, buyers — and brokers.
Read Moreby Carrie B. Reyes | Feb 16, 2023 | Buyers and Sellers, Feature Articles, Laws and Regulations, Real Estate, Your Practice | 0
A home inspection report is used by a seller’s broker to shift the risks of non-disclosure liability in their use of a seller’s Transfer Disclosure Statement.
Read Moreby Amy Perry | Dec 27, 2022 | Appraisal, Buyers and Sellers, Finance, Forms, Real Estate, Recessions | 0
A seller’s agent uses RPI Forms 318 and 318-1 when educating the seller on a reasonable asking price or rental amount for the property.
Read Moreby Amy Perry | Dec 12, 2022 | Buyers and Sellers, Finance, Interest Rates, Loan Products, Mortgages, Real Estate | 0
Buyers looking to recoup lost purchasing power are dusting off old strategies to secure a more comfortable monthly mortgage payment.
Read Moreby Amy Perry | Nov 14, 2022 | Buyers and Sellers, Forms, Home Sales, Real Estate | 0
Buyers and sellers use RPI Forms 271 and 272 to occupy property as tenants until a replacement residence is secured.
Read Moreby Amy Perry | Sep 19, 2022 | Buyers and Sellers, Economics, Market Watch, Real Estate, Recessions | 1
The real estate market’s pivot from soaring prices to plunging prices will affect buyers, sellers, lenders and support services in different ways.
Read Moreby ft Editorial Staff | Sep 19, 2022 | Buyers and Sellers, Forms, Real Estate | 1
An agent who was the procuring cause for a sale in an expired listing uses RPI Forms 122, 123 and 123-1 to demonstrate and demand the collection of their fee.
Read Moreby Amy Perry | Sep 1, 2022 | Buyers and Sellers, Forms, Mortgages, Real Estate | 0
A buyer’s agent uses mortgage shopping worksheets when shopping for the most competitive mortgage options for their buyer.
Read Moreby Amy Perry | Aug 22, 2022 | Buyers and Sellers, Economics, Fundamentals, Laws and Regulations, Real Estate | 0
Today’s sobered homebuyers have greater liberty to leverage home defects to justify a price cut than they did the last two years.
Read Moreby ft Editorial Staff | Aug 22, 2022 | Buyers and Sellers, Home Sales, Real Estate | 0
June 2022 saw the most escrow cancellations since the 2020 pandemic disruption.
Read Moreby ft Editorial Staff | Aug 8, 2022 | Buyers and Sellers, Forms, Real Estate | 0
A seller’s agent discloses the existence of unique external factors or conditions affecting a property’s desirability or security conditions surrounding a property with RPI Forms 304, 308 and 321.
Read Moreby Madison Hart | Jul 15, 2022 | Buyers and Sellers, Home Sales, Real Estate | 0
Things get messy when a buyer breaches a contract. Buyers and sellers alike ought to understand the legal ramifications involved.
Read Moreby ft Editorial Staff | May 10, 2022 | Buyers and Sellers, Forms, Fundamentals, Real Estate | 0
A seller’s agent preparing a marketing package uses RPI Forms 130 and 131 to disclose the conditions and natural hazards associated with a property.
Read Moreby Amy Perry | Apr 25, 2022 | Buyers and Sellers, Economics, Real Estate, Recessions | 1
A home renovation boom is stirring up in 2022, escalating the already inflated costs of building materials and labor.
Read Moreby Amy Perry | Apr 11, 2022 | Buyers and Sellers, Economics, Finance, Real Estate, Recessions | 0
The American Dream of homeownership is out of reach for the average Millennial, especially in California. What will it take to restore the dream?
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