Facts: A real estate broker entered into an exclusive listing agreement with a seller of land. The listing agreement stated any buyer’s broker would be entitled to a fee, upon close of escrow, as a third party beneficiary under the listing, if the buyer’s broker submitted an offer at the listed price “…or on other…
The supply of homes for sale is still unusually tight as the spring buying season opens, turning up the heat on already-rising prices. The number of homes listed for sale on real estate website Zillow was down almost 17% in late February vs. a year earlier. In some California markets, it was down more than…
Being up front with vital information has conquered the used car market, and was done solely for marketing reasons. Yet, real estate owned (REO) sales, trustee’s sales, short sales, and the agents that work those deals, have made a run in the opposite direction in spite of anti-fraud legislation. The problem These properties are sold…
By Dona DeZube If your application for a mortgage refinance was rejected by a lender, you don’t have to take no for an answer. Find out why your application was turned down, then fix the trouble spots so you’ll have a better chance to qualify. The five things that most often stop a refinance from…
Old news worth repeating. The Mortgage Cancellation Relief was extended to Jan. 1, 2014. The tax break allows homeowners considering short sales, principal reduction programs or facing foreclosure to avoid paying taxes on any debt owed to the bank. Are you struggling with your mortgage payments? Any of the above apply to you? Take action…
