Articles on real estate
Errors and omissions insurance for real estate businesses. Errors and omissions insurance (E&O) helps cover the cost of a lawsuit if a client claims your work was inaccurate, late, or never delivered. It’s sometimes called professional liability insurance. What is included in errors and omissions? Errors and omissions insurance, also called E&O insurance, is a …
Your real estate agents can’t talk demographics, schools or crime, but there are ways to voice your needs and wants in ways that don’t violate fair housing laws. … The law protects against discrimination based on race, color, national origin, religion, sex, disability or family status. Can Realtors give demographic information? In addition to federal and state law, REALTORS® …
Real estate assets owned by a trust can be used as collateral as long as this is permitted by the trust documents. Can I use my trust fund to buy a house? You can usually use funds from the trust if you are the trustee, but you would have to request funds from the appointed …
Realtor.com adds new feature to home search that shows noise levels. … The new noise indicator will let home searchers check out sound data down to the property level. What is the difference between pending and contingent on realtor com? A property listed as contingent means the seller has accepted an offer, but they’ve chosen …
You’ll sign a settlement statement, which lists all costs related to the home sale. This is when you pay your down payment and closing costs. You’ll also sign the mortgage note, which states that you promise to repay the loan. Finally, you’ll sign the mortgage or deed of trust to secure the mortgage note. What …
You can take the Florida real estate exam as many times as you want to. Right now, it costs $36.75 each time you take it. So as long as you can afford it, and you are within your two year window, you can keep taking it. How many times can you retake the Florida real …
License Renewal requires 24 hours every 2 years. A minimum of 3 hours in each of the following categories is required: Real Estate Legal Issues. Commissioner’s Standards. How long can a real estate license be inactive in Arizona? An inactive status is allowed indefinitely, as long as continuing education (CE) is uploaded, however, remember, the …
A real estate marketing agreement is a strategic union between a real estate broker or a developer and a mortgage or title company. The agreement is for the developer or real estate office to promote/market the services of the mortgage or title company for a fee. What is a marketing sales agreement? A sales and …
The Federal Energy Policy Act of 2005 established tax credits of up to $2,000 for builders of new energy-efficient homes. The tax credit is available for homes built/manufactured in the United States between January 1, 2018, and December 31, 2021. What can you write off on taxes when you build a house? Tax Write-Offs When …
Is it cheaper to build up or out on a house? Building up is always the least expensive option for increasing your home’s square-footage because it requires less material and labor. … On the other hand, if you build out, you’ll have to add footers, concrete, fill rock, roof system, and more excavation cost. Is …