SCR News Feed

What We’re Reading: July 9-13

2018-07-13T08:30:11-05:00July 13th, 2018|NAR|

Offices, valuation, avocados, tech, housekeeping, and retail. Times are changing, and more companies are considering office amenities pioneered by Silicon Valley companies. We wouldn’t complain. The office is virtual, but the valuation is very real. Speaking of value, is $23 million high, or is this FLW home worth it? Of course avocados of this size… Continue Reading What We’re Reading: July 9-13

The Invention and Evolution of a Space and Place Called the Ghetto

2018-07-12T11:43:36-05:00July 12th, 2018|NAR|

“Ghetto.” The word evokes a long and vexing tradition of racial imagery and history in the United States. We may think we know what the word means, but where does it come from? Why does it carry such socio-cultural weight? Mitchell Duneier explores these questions in his examination of the evolution of the word in… Continue Reading The Invention and Evolution of a Space and Place Called the Ghetto

Selling Your Home Solo to Save Money? You’ll Actually Make Less Than You Think

2018-07-09T15:25:04-05:00July 9th, 2018|NAR|

Some homeowners opt to sell their residence without a real estate agent to get around paying a commission and make more of the profit. Forty-three percent of people (down from 48 percent last year) who sell without a real estate agent think that if they sell themselves, they’ll end up doing a little extra work… Continue Reading Selling Your Home Solo to Save Money? You’ll Actually Make Less Than You Think

Staged to Sell: A Country Estate in Gaithersburg, Md.

2018-07-09T02:00:49-05:00July 9th, 2018|NAR|

Home stager: Libby Paulson with Preferred Staging The home: Paulson staged this remodeled, single-family country estate in Gaithersburg, Md., which featured cathedral ceilings, a two-story stone fireplace, gourmet kitchen, formal living and dining room, two staircases, and a walkout basement with full kitchen and bath. The home is listed at $709,500. Photo credit: Libby Paulson, Preferred… Continue Reading Staged to Sell: A Country Estate in Gaithersburg, Md.

Buying a Smart Connected Home? Ensure the Seller Can’t Spy/Unlock

2018-07-06T13:38:33-05:00July 6th, 2018|Legal FAQs|

If new buyers do not reset security applications/passwords, the sellers may still have access to front door locks, garage doors, cameras/microphones inside the home/bedrooms, thermostats, other connected devices after closing. SCR contract requires sellers to provide all "codes" and "documents" which would include the passwords to change the surveillance app access and other connected devices.… Continue Reading Buying a Smart Connected Home? Ensure the Seller Can’t Spy/Unlock

Home Purchase Contracts Are Increasingly Being Settled on Time

2018-07-05T09:27:44-05:00July 5th, 2018|NAR|

More contracts are being settled on time, according to a survey of REALTORS® in the  May 2018 REALTORS® Confidence Index Survey.  The monthly survey asks REALTOR® respondents: “Think of your most recent sales contract in the past 3 months that was either closed or terminated. Please explain how the deal concluded.” Among respondents who either… Continue Reading Home Purchase Contracts Are Increasingly Being Settled on Time

Commercial Leasing, Mechanic’s Lien for BIC’s

2018-07-05T08:18:51-05:00July 5th, 2018|Legal FAQs|

The General Assembly saw that commercial leases give much value to the real estate, much like a tradesman gives value when installing kitchen equipment in a restaurant, etc. So, commercial leasing can enable you to use the mechanic's lien statute. https://www.scstatehouse.gov/code/t29c005.php SECTION 29-5-21. Services of surveyor and real estate licensee as improving real estate; real… Continue Reading Commercial Leasing, Mechanic’s Lien for BIC’s

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