5 Simple DIY Projects for a Fresh Home Update
5 Simple DIY Projects for a Fresh Home Update Makeover a space without breaking the bank. By: Melissa Dittmann Tracey Remodeling, Design Trends Powered by WPeMatico
Instant Reaction: Jobs, September 2, 2022
Instant Reaction: Jobs, September 2, 2022 The latest monthly gain of 315,000 net new jobs is slower than the average of 503,000 average monthly gain in the prior 12 months. By: Lawrence Yun Powered by WPeMatico
Instant Reaction: Mortgage Rates, September 01, 2022
Instant Reaction: Mortgage Rates, September 01, 2022 On September 1, 2022, mortgage rates continued to rise, with the 30-year fixed mortgage rate inching up to 5.66% from 5.55% the previous week. By: Nadia Evangelou Mortgage Financing Powered by WPeMatico
Insurance, Review
SCR has received reports from members suggesting that everyone needs to review their insurance periodically with their insurance providers, especially homeowners insurance regarding inflationary pressures that may have increased the real world cost to replace a home in the event that catastrophic damage occurs to the home. Other insurance to review, earthquake, flood, health, life,… Continue Reading Insurance, Review
Photographs, Be Wary of Using Unless You Took or You Have Authorization
Photographs on the internet/MLS are easy to cut/copy and paste. But cutting/copying and pasting photos you find on the internet/MLS can get you into trouble. Photographs are intellectual property (content) generally owned by the creator who can transfer or license ownership to others. Think about copyright law and lawsuits. If you did not take the… Continue Reading Photographs, Be Wary of Using Unless You Took or You Have Authorization
Research Spotlight: 2022 Remodeling Impact Report
Research Spotlight: 2022 Remodeling Impact Report NAR's Remodeling Impact Report examines reasons for remodeling, the outcome of projects, and the increase in happiness at project completion. By: Meredith Dunn Remodeling Powered by WPeMatico
NAR on Condo Questionnaire Issues from the Feds
After the Surfside condo collapse, the feds created some risk management using Fannie and Freddie lending which may impact your condo deals (e.g., risk management questionnaire). Please contact SCR if you have reports of condo purchase issues related to these risk management rules (e.g., the HOA is hesitant to complete the risk management questionnaire, multistory… Continue Reading NAR on Condo Questionnaire Issues from the Feds
Current SCR Forms Policy
South Carolina Association of REALTORS® (SCR) Forms Policy Permitted users of SCR’s standard forms SCR standard forms should only be used by REALTOR® members of the South Carolina Association of Realtors®. Revisions to format/pre-printed language of a standard form by user Revisions to the format or pre-printed content of any standard forms are prohibited. Permitted… Continue Reading Current SCR Forms Policy
Why Home Staging Inspires the Best Prices in Any Housing Market
Why Home Staging Inspires the Best Prices in Any Market The Real Estate Staging Association shares why home staging is worth the investment for the home buyer, seller and real estate agent. By: Joanna Fraley Staging Powered by WPeMatico
Buyers Forego Inspections at Their Own Peril!
SCR310 is an AS IS contract with a due diligence section and an inspection/reinspection section to allow a buyer the option to inspect the property and properly negotiate repairs or negotiate seller concessions or terminate. Also, SCR310 allows final inspections. https://screaltors.org/wp-content/uploads/Forms/310.pdf Some buyer agents recommend obtaining all inspections and the buyers decide which inspections to… Continue Reading Buyers Forego Inspections at Their Own Peril!