SCR News Feed

What We’re Reading: April 2-6

2018-04-06T09:33:03-05:00April 6th, 2018|NAR|

HR, taxes, letters, agriculture, technology, secrets, theft, and credit cards. A simplified dress code that consists of just two words? Makes sense to us. Location, location, low property taxes. Can you correctly identify the “g” from these four options? If so, you’re in rare company. The City of Lights is known for art, fashion, gastronomy,… Continue Reading What We’re Reading: April 2-6

New SC Case Law

2018-04-04T15:56:09-05:00April 4th, 2018|Legal FAQs|

In this appeal arising from an action seeking ejectment and monetary damages, the court affirmed in part, reversed in part and remanded for any eviction proceedings that may be necessary. The court found that the special referee erred in determining Respondents owned an equitable interest in a property and reversed a finding of promissory estoppel… Continue Reading New SC Case Law

REALTORS® Reported Stronger Buyer Traffic in February 2018 Amid Healthy Job Growth

2018-04-02T08:14:51-05:00April 2nd, 2018|NAR|

In a monthly survey of REALTORS®, respondents are asked “Compared to the same month last year, how would you rate the past month’s traffic in neighborhood(s) or area(s) where you make most of your sales?” Respondents rate buyer traffic as “Stronger” (100), “Stable” (50), or “Weaker” (0) and the responses are compiled into a diffusion… Continue Reading REALTORS® Reported Stronger Buyer Traffic in February 2018 Amid Healthy Job Growth

Light it Up: Add a Party Vibe to Your Outdoor Staging

2018-04-02T02:00:09-05:00April 2nd, 2018|NAR|

By Melissa Dittmann Tracey, REALTOR® Magazine Outdoor lighting isn’t just for the holidays. You can illuminate your outdoor living areas anytime of year. Stringed bulbs are becoming a “hot” outdoor trend this year. These outdoor clear, vintage lights have big rounded bulbs that can really create a festive flair in a backyard. They’re reminiscent of the… Continue Reading Light it Up: Add a Party Vibe to Your Outdoor Staging

WATCH: Realtors® March Housing Minute

2018-03-30T09:54:32-05:00March 30th, 2018|NAR|

Existing-home sales and contract signings both experienced meaningful increases in February despite higher mortgage rates, rising home prices and subpar supply levels in much of the country. Visit https://www.nar.realtor/videos/housing-minute to watch a 60-second, animated video from the National Association of Realtors® summarizing how the housing market performed in February, as well as a look at… Continue Reading WATCH: Realtors® March Housing Minute

What We’re Reading: March 26-30

2018-03-30T09:03:08-05:00March 30th, 2018|NAR|

Home Buying, bath toys, FHA, privacy, ADUs, air quality, valuation, and models. Location is everything, but are you considering everything you should about a property when home buying? Rubber ducky, you’re the one…that’s causing infections. Pete G/flickr/2017 Facebook ad settings are called into question, even as we commemorate the 50th Anniversary of the Fair Housing… Continue Reading What We’re Reading: March 26-30

Listing Re-Market After Deal Fails to Close

2018-03-29T14:31:46-05:00March 29th, 2018|Legal FAQs|

Hotline answer to listing agents calling with this problem. Listing agent has an ethical duty (NAR article 13) to recommend the seller obtain legal counsel asap. Legal counsel can discuss the earnest money dispute and potentially suing the buyer for breach of contract and re-marketing the property. Once the listing agent has made this recommendation… Continue Reading Listing Re-Market After Deal Fails to Close

AS IS

2018-03-29T11:26:08-05:00March 29th, 2018|Legal FAQs|

Attach SCR391 to SCR310 for AS IS checkbox on the last page of SCR391 above signatures. SCR310 defines AS IS: see page 3 of 8 Parties agree AS IS means Buyer buys the Property for the Purchase Price while Seller maintains the Property from the Effective Date through Closing subject to normal wear and tear… Continue Reading AS IS

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