FANNIE MAE ADOPTS APPRAISAL STANDARD FOR SQUARE FOOTAGEAppraisers will be required to use a new Measuring Standard for measuring, calculating, and reporting gross living area (GLA) and non-GLA areas of subject properties for appraisals requiring interior and exterior inspections with effective dates of April 1, 2022 or later on loans sold to Fannie Mae. Historically,… Continue Reading NAR Appraisal News
Want to do 18% more real estate business? Study shows 5 actionable steps for driving more transactions. Download Now
https://magazine.realtor/daily-news/2022/04/07/nar-urges-supreme-court-review-on-protection-for-use-of-floor-plans?AdobeAnalytics=ed_rid%3D56072%26om_mid%3D6540%7CRealtorMagNews_2022_04_07%26om_ntype%3DREALTOR%20MAG%20NEWS Posted by: Byron King on 04/07/22 (This information is only accurate as of 04/07/22. You must contact SCR for updates and changes to this information after 04/07/22 as laws and regulations may change over time. SCR 803-772-5206 or email info at screaltors.org or email byron at screaltors.org) This information is not legal advice. This… Continue Reading Supreme Court and Floorplans
Generally, the residential resale seller decides on issues such as timely and properly rejecting offers (SCR314), accepting an offer, counter offering an offer, communicating and utilizing highest and best terms offer procedures, not utilizing highest and best terms offer procedures, communicating information, complying with fair housing laws. In general and for fair housing reasons, a… Continue Reading An Offer and Multiple Offers and Possibly Highest and Best Terms Offer Procedures
NCREC Disciplines Listing Agent for Not Pulling Septic Permit on BR Count NCREC disciplines a NC listing agent for listing an incorrect bedroom count of 5 when the septic permit was for a 3 bedroom system home. NC trial lawyers for the harmed NC buyers might use this NCREC required duty on a listing agent… Continue Reading NCREC Disciplines Listing Agent for Not Pulling Septic Permit on BR Count
https://www.nar.realtor/national-leadership/presidents-challenge As NAR continues to strengthen its commitment to fair housing in the real estate industry, 2022 President Leslie Rouda Smith is asking that our appointed and elected leaders in the association lead by example by completing the Fair Housing Challenge and the REALTORS® Commitment to Excellence program. Posted by: Byron King on 04/05/22 (This… Continue Reading NAR President’s Professionalism and Fair Housing Challenge!
March 7, 2022 SC Housing is pleased to announce the launch of the SC Homeowner Rescue Program (SC HRP), which will begin accepting applications on March 21, 2022. The purpose of SC HRP is to prevent mortgage delinquencies and defaults, foreclosures, loss of utilities or home energy services, and displacement of homeowners who have experienced… Continue Reading SC Housing’s SC Homeowner Rescue Plan
Your Home Prep Checklist for the Spring Selling Season Follow this cheat sheet to get your listing show-ready. By: Patti Stern Working With Sellers, Staging Powered by WPeMatico
https://www.youtube.com/watch?v=Yeo8aJBRJsU Posted by: Byron King on 04/04/22 (This information is only accurate as of 04/04/22. You must contact SCR for updates and changes to this information after 04/04/22 as laws and regulations may change over time. SCR 803-772-5206 or email info at screaltors.org or email byron at screaltors.org) This information is not legal advice. This… Continue Reading NAR Legal Video – Criminal Background Screening – Risk Management – Fair Housing
https://www.youtube.com/watch?v=Cqf_WDd-F3Q Posted by: Byron King on 04/04/22 (This information is only accurate as of 04/04/22. You must contact SCR for updates and changes to this information after 04/04/22 as laws and regulations may change over time. SCR 803-772-5206 or email info at screaltors.org or email byron at screaltors.org) This information is not legal advice. This… Continue Reading Advertising and Fair Housing, NAR Legal Video