RULES, there are so many rules...each state has their own...some are reciprocal...to FL that is There are so many different lending rules, listing rules for RE agents, loan types and so much confusion for John Q Public to read through and try to understand in this every changing market. They, for
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08/30/2009
HUD-1 statements...do you use them in your state and is it your law? What is a HUD-1 It is the reconciliary statement that is used at closing that explaines the costs to you the buyer and to the seller as to who owes what to each other. The HUD-1 Settlement Statement is the closing statement req
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08/30/2009
Don't send me a listing unless it's a steal! WOW now...who am I to decide what's a steal? What is a steal? And are real estate agents the ones who should determine this? As an active REALTOR(r), when I get a customer requesting a "steal" I hesitate. I will send you the lowest priced properties
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08/30/2009
What a fabulous place to visit, just south of billionaires row in the Hillsboro Mile. There is snorkling, fishing and site seeing trips availabout out this inlet. See the small black dot by the ocean, that is the light house the lights the way for the fishermen to get home. This is one of the m
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08/30/2009
Earnest money deposits...they aren't required to facilitate a deal in Florida! Earnest money deposits are not required, in other words, there is no law in Florida that requires earnest money deposits to make an offer on a property here in Florida. A promise to buy and a promise to sell are enough
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08/20/2009
It's time for a Bonanza! Buy now, thank me later! Yes, you can thank me later! The buyers now will eventually be the MILLIONAIRES OF THE FUTURE! With Real Estate prices at an all time low, if you have a doubt about where to put that cash on hand, it's Real Estate! There are some FANTASTIC buys o
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08/20/2009
What are the principals of RESPA? RESPA is defined as The Real Estate Settlement Procedures Act. RESPA was developed in 1974 to protect buyers at closing. It is an Act that requires the disclosure of the types of charges that a buyer will incur when purchasing a property. It also requires an ex
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08/20/2009
Florida is developing a combination FAR/BAR and FAR contract, are you aware? Florida lawyers are in the process of developing a single buyers contract which combines the FAR/BAR and the FAR contract! There is actually a draft in place at this time. One of the changes agents should be looking at
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08/20/2009
Florida will soon require home inspectors to be licensed. Florida currently does not require or regulated home inspectors. As of JULY 1, 2010, home inspectors, mold assessors, and mold remediators will have to have a Florida license. This new law requires those who wish to continue practicing as
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08/20/2009
Copyright©, If you have copyrighted, do you need to use the © after the word? Lawyers or any professionals, Do you know what the rule is on copyright law? I am just curious. Do you need to use the trademark "©" after the work copyright? I'm under the impression that if it is copyrighted, you nee
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08/13/2009
