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Zillow launches buyer agreement for home tours

Housing Wire

On Tuesday, Zillow announced that it will be offering a nonexclusive contract for buyers and agents to use for home tours ahead of the rule changes being implemented in July. According to the blog post, Zillow is not required to offer consumer-facing agreements by the terms of NAR’s settlement agreement.

Buyers 521
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Who Needs Appraiser’s When One Has Cash?

Cleveland Appraisal Blog

It is important to note that if an appraiser is hired by a bank to perform an appraisal of a property, the appraiser’s client is the bank, and their legal duty is to the bank, not the borrower. Right now, in many contracts, buyers state that they will not pay more than a certain about over the appraised value of a home.

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REcolorado wants to move past the drama of its sale. Its new participation agreement has reignited controversy

Housing Wire

The agreement allows a broker to own the listing contract, but REcolorado will own the listing’s record, potentially giving REcolorado the right to deny an agent’s ability to download and sell their listings. And some major brokerages have had loose conversations about taking legal action or joining a competing MLS. “It

Brokerage 476
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The Value of Words in Valuation

Appraisal Buzz

The word that is meaningful to the premise of this blog is summary. When trying to understand the meaning of words in this manner, there is a legal premise that applies specific to understanding the language called the plain meaning rule. When reading contracts, words will always have their ordinary meaning unless defined otherwise.

Valuation 360
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What Is a Land Contract In Ohio? Full Guide [2021 Update]

The Robert Weiler Company

Are you familiar with a land contract in Ohio, as well as the state-specific requirements? What is a land contract in Ohio, really? Essentially, a land contract is an alternative financing option if you’re investing in: Farmland or raw land. So, what is a land contract agreement, and how does it work? A home or condo.

Contracts 143
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9 tips for homebuyers in non-disclosure states

Housing Wire

Online real estate platforms, local newspapers, and real estate blogs are valuable sources of information. Get input from a qualified attorney Seek legal advice, especially when dealing with contractual matters. Attend open houses and talk to other homeowners to get a sense of the market dynamics in the area.

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What It Takes to Be An Expert Appraisal Witness in An Eminent Domain Case

Cleveland Appraisal Blog

A big thank you to Leslie for writing this article for the Cleveland Appraisal Blog! You can also listen right here at Cleveland Appraisal Blog! . June Newsletter-Easing Off the Pedal – DW Slater Company Blog. – Birmingham Appraisal Blog. Top Reason For House Rules – The Folson Group Blog.

Appraisal 312