What are real estate agents held liable for???? The simple answer to that question is EVERYTHING! I received an email from a buyer’s agent yesterday about a condo I have listed for sale. She wanted to know if the condo complex allows pets, specifically a dog, that weighs over 25 lbs. My response was “I…Read More→
In the short sale world, the expression is “There is nothing Short about a Short Sale“. They are notoriously known to take months to get approval from the lenders. The process is long, sometimes painful and usually ridiculously redundant. This short sale started in the same manner as all the others I have done. I…Read More→
Well, yesterday was the typical end to a successful short sale…….the closing! That is when the seller finally gets to shed the 1,000 lb monkey off of their back. This homeowner had 2 mortgages on her property, which made it feel more like a 2,000 lb monkey! We get to the closing table with all…Read More→
The Federal Housing Administration will be increasing monthly PMI premiums on April 17, 2011.
Coldwell Banker has been found in violation of Massachusetts law regarding the holding of escrow funds. They were retaining a portion of the escrow deposit as a “fee for services rendered”.