Housing Wire

FEBRUARY 22, 2024

Notably, property risk calls for thorough inspection, preservation, and maintenance to limit liability. Legal and regulatory risk demands compliance with evolving laws and regulations, with VRM Mortgage Service’s legal and compliance departments ensuring current knowledge and implementing controls.

Business 435

Business Marketing Real Estate Legal 435

Housing Wire

JUNE 10, 2022

In 2016, New York passed a law establishing that lenders and servicers must inspect, secure and maintain zombie properties — which are defined as vacant and abandoned homes whose owners are behind on their mortgage payments. . The law allows municipalities to sue companies for $500 per code violation per day until it is resolved.

Law 448

Law Inspection Mortgage Finance 448

Housing Wire

DECEMBER 8, 2023

Topics include: Real estate license law, agency, contracts, real property, ownership, taxes, water law, land development and zoning, deeds and title transfer, escrow and settlement, fair housing, leases & more AZ Contract Writing Course: 6 hrs of required instruction. Includes all Salesperson classes + Broker Management clinics.

Real Estate 434

Real Estate Contracts Law Real Estate Agent 434

Appraisal Buzz

AUGUST 13, 2024

The advisory judgment upholds the coverage of contracts for deed by federal home lending laws and regulations, which also offer important consumer protections. They are set up so that, until all payments are made by the borrower, the seller is still in possession of the home legally.

Contracts 367

Contracts Investors Sellers Lending 367

Housing Wire

JANUARY 27, 2023

population — or over 44 million households — live in rental housing, but there are no comprehensive federal laws to protect renters. The Department of Justice (DOJ) stated in the blueprint that it has the duty to guarantee housing to military members and to assist them in housing inspections before signing a lease.

Tenants 435

Tenants Landlords Finance Government 435

Housing Wire

FEBRUARY 8, 2022

Federal laws aren’t the only ones servicers have to contend with. The National Consumer Law Center (NCLC) identified executive declarations and court orders in 34 states as of April 2021. So, I don’t expect to see a lot of activity in courts or in the legal system to accelerate the foreclosure process.”.

Law 370

Law Mortgage Legal Finance 370

Appraisal Buzz

APRIL 18, 2022

He claimed he was the police, but later clarified he was with law enforcement but wasn’t a cop. He was threatening me legally and physically. The trust officer and I went to the corner door (still looked like a bar) and were met by the tallest man I’ve ever seen on an appraisal inspection. Picture Lurch from the Addams Family!

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Appraisal Business Retail Inspection 413

Cleveland Appraisal Blog

JANUARY 7, 2021

This is due to the law of diminishing returns. In that analysis we must determine if the use of the land is legally permissible, physically possible, financially feasible and most profitable. Upon inspecting this home, I found that the home sits on a huge rock formation, which takes up a good portion of the left side of the property.

Appraisal 347

Appraisal Inspection Legal Real Estate 347

Housing Wire

NOVEMBER 30, 2023

Considerations for attorneys in Ohio If you are an active, licensed attorney in the state of Ohio, you may be able to apply some of your law degree credits toward the Ohio prelicensing course requirements. Be honest and truthful Not be convicted of a disqualifying offense. government-issued alien registration card U.S.

Real Estate 459

Real Estate Real Estate Agent Brokerage Agents 459

Cleveland Appraisal Blog

AUGUST 11, 2022

Therefore, you don’t have to fix or account for any issues that might be discovered in a professional home inspection issued by the buyer. The type and range of information you have to provide in the seller’s property disclosure will, of course, depend on the legal regulations of the state where you have the property.

Renovations 221

Renovations Buyers Appraisal Investing 221

GoForrmz

AUGUST 14, 2023

Digital Signature Form Field: The classic Signature form field is a generic, non-E-SIGN Act-compliant digital signature that is best suited for anything that isn’t legally binding. Always verify your use of eSignature with your local laws. The fields are stylized differently for the sake of legibility and ease of use for form creators.

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Legal Contracts Law Inspection 128

Housing Wire

APRIL 27, 2023

The lawsuit claims further that the company “ignored permitting laws to avoid fees and increased taxes as well as to get renovated homes on the rental market as soon as possible.”

Renovations 395

Renovations Investing Real Estate Marketing 395

Raleigh Realty

AUGUST 17, 2021

It's important to note that real estate contracts and laws change depending on what state you are in. It should be noted that not every state uses due diligence fees in real estate transactions, so it is important to consult with your real estate agent so they may educate you on the legal implications of a housing contract.

Real Estate 148

Real Estate Real Estate Agent Contracts Inspection 148

Lamacchia Realty

MARCH 19, 2025

Assess the Damage and Get Repair Estimates A home inspection will help you understand the extent of the damage. Once the inspection is complete, get estimates for repairs. Disclose All Damage and Repairs Florida law requires sellers to disclose property defects. Be honest about hurricane damage to avoid legal issues later.

Transportation 38

Transportation Logistics Inspection Real Estate Agent 38

The Robert Weiler Company

MAY 14, 2021

Operationally, it triggers a series of legal processes necessary to reallocate ownership of assets and belongings from the deceased to their beneficiaries. Settling an estate usually requires probate, the legal process reassigning ownership from a deceased person to their living beneficiary performed in court.

Real Estate 133

Real Estate Appraisal Legal Valuation 133

Raleigh Realty

FEBRUARY 4, 2022

Inability to Negotiate List Price or Inspection Issues In dual agency, the real estate agent is working in the best interest of both the buyer and the seller, making negotiations tricky. Legal and ethical issues may also arise because the agent is working on their own without a second agent involved.

Real Estate 148

Real Estate Real Estate Agent Sellers Agents 148

Birmingham Appraisal

JANUARY 29, 2025

Beyond what you see during the appraisal inspection do you understand the appraisal process or anything about what appraisers do? These appraisers provide valuations for various purposes, including estate planning, divorce settlements, tax appeals, and legal disputes.

Appraisal 63

Appraisal Appraisal Process Valuation Buyers 63

Listing Spark

JANUARY 5, 2025

To avoid confusion, its essential for sellers to disclose any known defects or issues with the property and for buyers to conduct thorough inspections before making an offer. How the as-is clause in the Texas law can be confusing The as-is clause on a standard Texas TREC contract can be confusing for some home-sellers.

Inspection 36

Inspection Sellers Real Estate Agent Contracts 36

The Robert Weiler Company

JANUARY 2, 2021

While the buyer takes possession of the property, as with mortgages, the seller retains the deed and legal title to the property as security and collateral until the installment payments are completed. No legal title. As such, the buyer has an equitable title, not a legal title to the property. Deed remains with the seller.

Contracts 143

Contracts Tenants Legal Sellers 143

Raleigh Realty

MARCH 31, 2021

Different states have different laws as it surrounds contingencies so you'll want to speak with your Realtor about the current local rules for contingent homes. There are many ways to negotiate the deal after the home has been inspected. A contingency clause doesn't necessarily mean all hope is lost for prospective buyers.

Real Estate 148

Real Estate Sellers Contracts Buyers 148

Raleigh Realty

MARCH 23, 2021

And while that may be enticing, there are many other costs and legal repercussions that are associated with selling a home that will be the full responsibility of the seller if a real estate agent is not involved. For example, buyers may make an offer on your home that is contingent on your house passing a home inspection.

Real Estate Agent 133

Real Estate Agent Real Estate Realtors Contracts 133

The Robert Weiler Company

OCTOBER 15, 2021

During the real estate due diligence process, a responsible CRE investor will spend weeks scrupulously inspecting all aspects of the commercial property for sale. Legal documentation pertaining to the commercial property for sale in Columbus, Ohio; pending litigation (if any) that may affect the sale of the property should also be provided.

Investing 138

Investing Real Estate Tenants Investors 138

Will Springer Realtor

MARCH 1, 2022

A home inspection is almost always the best route to take before purchasing a property. In a competitive market, however, buyers recognize that submitting an offer with a request to conduct a traditional inspection can hurt their chances of winning a bidding war. This is the best option when a traditional inspection is not viable.

Inspection 36

Inspection Buyers Sellers Real Estate 36

McKissock

FEBRUARY 7, 2021

Mistake #2: Failing to do a routine inspection of your property. Solution: One of the best ways to catch these problems before they become worse is by doing a routine inspection of the property. Depending on the age of the property you can do yearly inspections, bi-annually, or quarterly. Mistake #3: Having weak documentation.

Property Management 81

Property Management Tenants Inspection Clients 81

Lamacchia Realty

NOVEMBER 2, 2021

If the asbestos in your home is damaged, deteriorated, or crumbling, the law requires it to be removed by a licensed contractor. If you’re selling your home in Massachusetts, you legally do not have to disclose asbestos, but you do have to disclose formaldehyde foam insulation and lead paint. Massachusetts Asbestos Regulation.

Inspection 74

Inspection Buyers Law Sellers 74

Hood Homes Blog

SEPTEMBER 23, 2019

The Seller’s Disclosure is required by law, but ultimately not very useful Do your own due diligence on a property, including a third party inspection ! Texas Seller’s Disclosure Law. The Seller’s Disclosure is required under Texas State law. The Fort Hood Inspection. Agent Disclosures.

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Inspection Sellers Law Agents 54

Appraisal Partners Blog

MARCH 6, 2025

Probate: Probate is the legal process of administering a deceased person’s estate. Distribution of Assets: The appraisal helps ensure that assets are distributed fairly among the heirs or beneficiaries according to the will or state law. This is often a retrospective appraisal, as the appraiser is looking back in time.

Market Value 78

Market Value Appraisal Valuation Marketing 78

Eppraisal

JULY 2, 2024

Squatting, the act of occupying an abandoned or vacant property without the legal right to do so, is a growing concern for real estate investors. These challenges can range from financial losses due to property damage and legal fees to prolonged vacancies that delay the ability to sell or lease properties.

Real Estate 36

Real Estate Investors Legal Fees Legal 36

The Robert Weiler Company

DECEMBER 7, 2023

Ensure your property is still consistent with zoning laws. Many of the zoning laws you will want to review are available online; however, developing a relationship (preferably offline) with zoning officials is ideal, particularly if you plan to go through the rezoning process.

Real Estate 78

Real Estate Law Development Legal 78

The Robert Weiler Company

DECEMBER 15, 2022

Since a lease agreement is legally binding, you should have a commercial real estate lawyer review the document first. An attorney specializing in commercial real estate law can help you understand the terms, make sure your interests and rights are protected. Educate yourself on the leasing laws in Ohio.

Real Estate 78

Real Estate Tenants Landlords Property Taxes 78

Realvals

JUNE 18, 2023

Estate Taxes In some cases, local laws may require appraisals for estate tax purposes. ” ( source ) The only way to obtain legal ownership of the property is to go through the probate process. As an executor of an estate, your responsibility is to manage and distribute assets according to the deceased’s will or state law.

Appraisal 145

Appraisal Property Taxes Real Estate Market Value 145

Hank Miller Team

JULY 2, 2023

Accuracy in Real Estate Listings Matters: Legal Implications: Providing inaccurate information could lead to legal issues. Real estate laws vary by state but there is the expectation of full disclosure of all material facts about a property. Misrepresentation of a property can result in lawsuits and fines.

Real Estate 52

Real Estate Legal Advertising Real Estate Agent 52

Birmingham Appraisal

JUNE 19, 2024

This means that, as an appraiser, I am bound to keep your appraisal report and its findings confidential, sharing them only with those whom you have authorized or as required by law. 5 questions a Realtor should ask the appraiser before setting up the appraisal inspection Merry Christmas and Happy New Year!

Appraisal 83

Appraisal Appraisal Process Clients Real Estate 83

Boston Appraisal

OCTOBER 27, 2023

Divorces are difficult and stressful processes that involve many legal and financial issues. The effective date can be different from the date of inspection or the date of report, depending on the circumstances and requirements of the case.

Appraisal 78

Appraisal Property Appraisal Inspection Legal 78

The Robert Weiler Company

MARCH 29, 2023

With regularly scheduled inspections, potential issues are discovered early on before it turns into an emergency. Reduce legal concerns. Professional property manager companies ensure their staff is proficient in fair housing laws and other rental laws.

Property Management 78

Property Management Tenants Real Estate Investors 78

The Robert Weiler Company

APRIL 15, 2022

A commercial lease is a legally binding contract that details the relationship between a tenant and a landlord. Compliance with Laws. The foot traffic is generally higher than that of office space, and the requirements for following building code law and zoning requirements are also more significant. Taxes and Assessments.

Tenants 144

Tenants Landlords Property Taxes Real Estate 144

The Robert Weiler Company

SEPTEMBER 16, 2022

A land trust, or conservation land trust, is a legal public or private entity that gains ownership of, or authority over, a piece of land for conservation purposes at the property owner’s request. What Are Land Trusts for Conservation Easements? A conservation easement is also a highly non-intrusive experience.

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Easement Appraisal Development Property Appraisal 148