Florida Realtors Legal Hotline gets many questions about the rules governing escrow deposits – and many come from listing agents upset because they haven’t received proof, or at least notification, that the buyers made deposits by the dates stated in the contract. Here is an overview of the most common issues. Proof of depositThe call … Continue reading Agents must send copies of escrow checks – right?
Code of Ethics vs. Morality: It Can Be Confusing
ORLANDO, Fla. – Dear Anne: As an avid reader of your articles, it never ceases to amaze me that when a member’s conduct is obviously unethical, you say it’s not. I want to know how can you can condone misconduct? I’ve been in the real estate business for 20 years, and the behavior I’m encountering these days … Continue reading Code of Ethics vs. Morality: It Can Be Confusing
What If Someone Fails to Completely Fill Out a Contract?
Some contract “blanks” have a default, such as “3 days if left blank.” But others – sometimes important ones – do not. A quick hint: If there’s an asterisk near the line number, a blank should be reviewed. And remember that key dates and timeframes are important. If your customer is satisfied with a contract’s … Continue reading What If Someone Fails to Completely Fill Out a Contract?
It’s Here: Mortgage Rule Opens Door to Thousands of Condos
WASHINGTON – First-time homebuyers often opt for a condo, but rules for Federal Housing Administration (FHA) loans banned many units and complexes in Florida from participating. However, that changes on Tuesday, Oct. 15, when updated FHA rules go into effect. The new FHA condominium approval regulation – and a new Condominium Project Approval section of … Continue reading It’s Here: Mortgage Rule Opens Door to Thousands of Condos
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Welcome to our information hub! We will be posting relevant topics applicable to the real estate industry on a regular basis to keep our readers informed and educated. Check back regularly for out latest posts! "Life is like riding a bicycle. To keep your balance, you must keep moving."— Albert Einstein.