SCR News Feed

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

UPDATED: Online Home Value Estimates Are NOT Appraisals

2018-07-03T08:34:22-05:00July 3rd, 2018|NAR|

This blog was originally published on June 29, 2017.  It has since been updated to reflect new data. Consumers who are seriously in the home buying and home selling market should be mindful of a variety of competing home price estimators. Solely relying on just one price estimate is likely to skew the views of… Continue Reading UPDATED: Online Home Value Estimates Are NOT Appraisals

New Books–July 2018

2018-07-02T13:47:10-05:00July 2nd, 2018|NAR|

NAR members and Association staff can borrow up to six electronic books, digital audios and/or videos at no cost, through the Virtual Library eBooks Collection. Members can also borrow up to three books for 30 days from the Library Catalog for a nominal fee of $10. Call Information Services at 800.874.6500 for assistance. Tribe of Mentors by Tim… Continue Reading New Books–July 2018

25-34-Year-Old Population Has Been Rising, But Not Household Formation

2018-07-02T11:04:59-05:00July 2nd, 2018|NAR|

First-time homebuyers accounted for 31 percent of all home sales transactions of REALTORS® in May 2018, according to the  May 2018 REALTORS® Confidence Index Survey. The share of first-time buyers has hovered at about this level for most of the housing market’s recovery since 2012. The share of first-time buyers not increased even with the… Continue Reading 25-34-Year-Old Population Has Been Rising, But Not Household Formation

Report: The Buyers and the Design Trending in 2018

2018-07-02T02:00:20-05:00July 2nd, 2018|NAR|

Article Submitted by Fixr.com Whether you’re selling your own home or staging a home for your seller, paying attention to industry trends can go a long way toward ensuring a fast and successful sale. Each year, Fixr—a company that creates remodeling cost guides–polls industry influencers to find out what the top trends are within the… Continue Reading Report: The Buyers and the Design Trending in 2018

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