Just had an agent comment on my prior blog: AGENT BEWARE! She had attended a class where the instructor raised the same issue I had. But, his suggestions was for the agent to go to the govenmental agency and put together a package of permits for the buyer: NO. NO & NO AGAIN. Several problems
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09/25/2008
In some of my recent blogs, I discussed the idea of disclosures. Forgive me for not being clear. I have been surpised that so many agents commented that in their state the seller has to disclose. This was not my point. So, let me try again. There is a major difference between disclosure and
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09/25/2008
On one of my previous posts, I warned that agents can't ignore the issues surrounding permits. Since most of the houses in our market are 40 years old or so, many of them have been remodeled......new roofs, kitchens, baths, decks and patio covers, etc. Our California Associaiton effectively lo
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09/22/2008
I don't know how often I hear from agents that after making an offer, they got back an addendum from the REO Asset manager. NO, it is a counter offer. Anytime, the terms are changed, before the parties are in contract, we should be calling this a counter offer. The problem is that too ofte
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09/17/2008
I don't know how often I hear from agents that after making an offer, they got back an addendum from the REO Asset manager. NO, it is a counter offer. Anytime, the terms are changed, before the parties are in contract, we should be calling this a counter offer. The problem is that too ofte
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09/17/2008
I don't know how often I hear from agents that after making an offer, they got back an addendum from the REO Asset manager. NO, it is a counter offer. Anytime, the terms are changed, before the parties are in contract, we should be calling this a counter offer. The problem is that too ofte
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09/17/2008
I am writing a book on how to keep from being ripped off by bad agents. As I go through each potential problem, I would like to give them a real life example of how to avoid the problem. Some will be rather innocent like agents who buy listings by lying to the seller about the property value.
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09/17/2008
I don't know why this is so confusing but after looking at hundreds of agents filed, we tend to get this wrong a lot. The Idea of agency disclosure was not to get a form signed. The intent of the law was that agents would let buyers know and understand exactly who the agent was representing.
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09/17/2008
Included in H.R. 3221, the Housing and Economic Recovery Act of 2008, were numerous additions, and amendments to real estate tax rules. Below is a brief summary of the tax provisions that were part of H.R. 3221. Low-Income Housing Tax Credit Temporarily increases the volume cap for low-income
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09/15/2008
If you have read my blog or resume on my home page, you know that I am frequently hired by attorneys when agents are being sued. Sometimes, I am there to defend them, and too often, I am there to help sue them. I do not hold agents to a standard of perfection. Anyone can monday morni
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09/09/2008