Michael Crist

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So far Michael Crist has created 4243 blog entries.

Is the Real Estate Market Finally Balancing Out?

2021-08-10T13:41:27-05:00August 10th, 2021|NAR|

By Hazel Emlen The housing market was off to quite a competitive start at the beginning of 2021. For many buyers, the competition made purchasing a home quite challenging. Some buyers have given up on purchasing a home altogether. From the stress of competing with cash buyers and buyers who waive most or even all… Continue Reading Is the Real Estate Market Finally Balancing Out?

New Carry Law in Effect in August

2021-08-05T10:30:31-05:00August 5th, 2021|Legal FAQs|

https://www.scstatehouse.gov/sess124_2021-2022/bills/3094.htm Time effective SECTION 14. This act takes effect ninety days after approval by the Governor. Ratified the 13th day of May, 2021. Approved the 17th day of May, 2021. Posted by: Byron King on 8/05/21 (This information is only accurate as of 8/05/21. You must contact SCR for updates and changes to this information… Continue Reading New Carry Law in Effect in August

NAR on Online SCAMS

2021-08-03T12:08:59-05:00August 3rd, 2021|Legal FAQs|

https://www.nar.realtor/realtor-ae-magazine/gone-phishing Posted by: Byron King on 8/03/21 (This information is only accurate as of 8/03/21. You must contact SCR for updates and changes to this information after 8/03/21 as laws and regulations may change over time. SCR 803-772-5206 or email info at screaltors.org or email byron at screaltors.org)

FHFA Eviction REO Extend

2021-07-30T09:54:24-05:00July 30th, 2021|Legal FAQs|

The Federal Housing Finance Agency (FHFA) has announced that Fannie Mae and Freddie Mac (the GSEs) are extending the moratorium on single-family real estate-owned (REO) evictions until Thursday, September 30, 2021. The REO eviction moratorium applies to properties that have been acquired by a GSE through foreclosure or deed-in-lieu of foreclosure transactions. Posted by: Byron… Continue Reading FHFA Eviction REO Extend

Air Quality, Air Problems, Seller Disclosure

2021-07-29T10:03:38-05:00July 29th, 2021|Legal FAQs|

For residential property transactions, the SCR listing agreement requires the seller to disclose material defects in writing and to authorize the listing brokerage/agent to disclose this information. The SC Residential Property Condition Disclosure Statement (RPCDS) question #21 asks about ATMOSPHERE problems and the term problem is broadly defined in the RPCDS to include basically all… Continue Reading Air Quality, Air Problems, Seller Disclosure

Rental Assistance News

2021-07-29T08:33:47-05:00July 29th, 2021|Legal FAQs|

https://www.postandcourier.com/politics/housing-advocates-ask-mcmaster-to-extend-sc-eviction-moratorium-federal-ban-set-to-expire/article_e3904f26-efcf-11eb-bd11-77e275399e57.html Posted by: Byron King on 7/29/21 (This information is only accurate as of 7/29/21. You must contact SCR for updates and changes to this information after 7/29/21 as laws and regulations may change over time. SCR 803-772-5206 or email info at screaltors.org or email byron at screaltors.org)

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