Real Estate News

OCTOBER 29, 2024

A law professor filed a lengthy objection calling it “the worst of all possible worlds,” raising concerns about “chaos and frustration” as well as legal fees.

Legal Fees 317

Legal Fees Legal Law 317

Housing Wire

OCTOBER 2, 2023

Online real estate market provider CoStar Group has sued former Homesnap founder Guy Wolcott and three others for allegedly stealing trade secrets related to its online information platform feeding its various marketplace products, including Homes.com and Apartments.com , according to court documents obtained by HousingWire.

Legal Fees 448

Legal Fees Legal Technology Development 448

Housing Wire

DECEMBER 16, 2022

For most real estate industry professionals, title insurance needs no introduction. A trusted product , title insurance has been used to protect real estate transactions and property rights for over a century. Diane Tomb, ALTA CEO Contributor. In fact, Iowa’s total closing costs were higher than 12 other states in 2021.

Insurance 493

Insurance Government Legal Fees Real Estate 493

Housing Wire

JANUARY 3, 2024

While the firm has succeeded in trimming costs and reducing operating expenses , it is now finding itself in the crosshairs of multiple copycat commission lawsuits , which will lead to an increase in legal costs. For the changes to Reffkin’s compensation plan alone, Compass will pay $25,000 in legal fees, according to the SEC filing.

Legal Fees 459

Legal Fees Legal Marketing Finance 459

Housing Wire

OCTOBER 30, 2024

After yet another reversal in Court against CoStar, Move should drop its nonsensical case, focus on fixing its broken business model, and spend its legal fees on defending the class action lawsuit that accuses Realtor.com of selling fake leads to brokers.” Move and Realtor.com did not return requests for comment.

Legal 435

Legal Legal Fees Contracts Business 435

Housing Wire

NOVEMBER 21, 2024

Move should focus on fixing its broken business model and spend its legal fees on defending the class action lawsuit that accuses Realtor.com of selling fake leads to brokers.” “Agents love Homes.com, and its “your listing, your lead” model. Realtor.com’s approach of diverting leads is bad for agents, and bad for consumers.

Legal 370

Legal Legal Fees Business Contracts 370

Housing Wire

APRIL 9, 2024

Modern-day redlining persists, and it’s costing lenders millions in legal fees. Recently, the Department of Justice (DOJ) has taken a strong stance on redlining, taking direct legal action against bad actors and thrusting the topic into the national spotlight. More recently, Patriot Bank paid $1.9

Modernization 458

Modernization Lending Legal Legal Fees 458

Housing Wire

APRIL 12, 2022

For example, direct costs could be additional staff time needed to complete applications and ensure compliance, legal fees, and other transactional costs associated with closing multiple funding sources. These bureaucratic barriers burden developers with direct and indirect costs.

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Development Finance Legal Fees Construction 418

Housing Wire

OCTOBER 13, 2022

When they talk about reducing closing costs for underserved communities, these people need title insurance more than anybody else because while $10,000 in legal fees may be doable for someone who owns a $4 million house, it is a struggle for someone who owns a $140,000 house.”.

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Insurance Legal Legal Fees HOA 415

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. Squatting impacts home owners, real estate investors and communities alike. For real estate investors, squatters pose significant challenges.

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Real Estate Investors Legal Legal Fees 36

Lamacchia Realty

AUGUST 28, 2024

Buyers , sellers , and sometimes even real estate agents get confused with how Closing Cost Credits or Sellers Concessions really work. Lately with all the real estate settlement talk they have often been referred to as Sellers Concessions. In many ways they help sellers because many buyers cannot buy without them.

Sellers 71

Sellers Buyers Real Estate Legal Fees 71

Berkshire Hathaway

AUGUST 30, 2022

Successful real estate negotiation begins by knowing what you are looking for exactly. Besides the purchasing price, your budget should also include other costs such as renovations, structural and environmental assessments, downtime during transitions, legal fees, realty commissions, taxes, and contingencies.

Buyers 49

Buyers Legal Fees Real Estate Renovations 49

Eppraisal

NOVEMBER 1, 2022

Depending on home value in the real estate market, this task can be pleasant and quick or, on the other hand, arduous and extended. Leasing can sometimes take an entire month's rent while renewal often hovers around $200 as a fixed fee, assuming a monthly rent of $2,000.

Property Management 69

Property Management Landlords Tenants Legal Fees 69

Will Springer Realtor

MAY 7, 2024

If you or someone you know are in that situation or anticipating it, there are many strategies to help lower capital gains tax on real estate. How Cost Basis Factors into Capital Gains Tax You can think of cost basis in real estate as the total cost of buying the property.

Legal Fees 60

Legal Fees Realtors Real Estate Sellers 60

Eppraisal

APRIL 7, 2023

Currently, home values are still high, and the real estate market is still good. One of the decisions you will have to make is which real estate company and real estate agent you will choose to list your home for sale. Your real estate agent or an appraiser can help guide you on pricing the home.

Real Estate Agent 36

Real Estate Agent Legal Fees Legal Real Estate 36

Zillow

JULY 11, 2019

There are certain things you can do as a real estate investor to help manage your tax bill and maximize your after-tax return on investment. To do so, however, you need to understand the primary ways in which investment real estate portfolios get taxed. A third way, estate tax , applies only to dead investors.).

Investing 43

Investing Bracketing Property Taxes Real Estate 43

Appraisal Today

JUNE 7, 2024

Without general liability insurance an appraisal company may be responsible for paying large out-of-pocket expenses for things like: Legal fees, Compensation to injured parties Reputational harm, Property damage repairs Commercial property insurance This type of appraisal insurance keeps the physical aspects of your company safe.

Appraisal 72

Appraisal Insurance Contracts Business 72

PennyMac

AUGUST 14, 2024

How to Prepare Before Buying a New Home Preparing to buy involves more than just browsing real estate listings. Ask a real estate agent for their educated opinion on how much you may be able to sell your home for. Again, this is where a real estate agent can be a great resource.

Real Estate Agent 36

Real Estate Agent HOA Finance Real Estate 36

D Fritz Appraisals

JUNE 15, 2021

To qualify for the incentive, your mortgage must be greater than 80% of the value of the property subject to a real estate loan premium. These can include: Additional legal fees- Since you will be closing on two mortgages, your fees may increase. What else should you know?

Insurance 143

Insurance Legal Fees Appraisal Buyers 143

Housing Wire

NOVEMBER 29, 2024

This is a crucial time for the real estate industry, and the title insurance industry in particular. With a clear title in hand, and insurance to cover unforeseen risks, the real estate transaction has the green light to proceed. Title companies play a critical role in the homebuying journey.

Insurance 448

Insurance Legal Fees Housing Market Real Estate 448