car: Code of Ethics changes for REALTORS®: is this the solution?... - 06/30/18 10:48 PM
Many Real Estate Practitioners, REALTORS®, and Buyers have been frustrated over the years that they were never sure if the offers were ever presented to the seller. I personally have experienced this on numerous occasions…
 
Well the latest legal update is as follows: 
Presentation of Offers: Change to Code of Ethics, Standard of Practice 1-7

The C.A.R. (California Association of REALTORS®), Legal Hotline often receives calls from members, especially in busy markets, expressing frustration that they are not sure that their buyers’ offers were ever presented to the seller.  For some time, the RPA (Residential Purchase Agreement) has had a section … (147 comments)

car: Did you know, that Undisclosed Payment in a Short Sale Transaction May be Illegal? - 03/18/10 12:15 PM
  Did you know that undisclosed payments in a Short Sale Transaction may be illegal? According to The California Association of Realtors undisclosed, specifically those payments that are paid outside of Escrow may violate the Law. In particular it could be a violation of RESPA, or it could be considered Lender Fraud and a violation of licensing laws just to name a few.
An example they site is, when a Short sale Seller's Senior Lender authorizes a payment to eliminate a junior lien. This would seem OK, but then the junior lender demands that the buyer pays an additional Dollar Amount outside … (7 comments)

 
Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002 (Berkshire Hathaway HomeServices California Properties)

Endre Barath, Jr.

Realtor - Los Angeles Home Sales 310.486.1002

Beverly Hills, CA

More about me…

Berkshire Hathaway HomeServices California Properties

Address: Attn: Endre Barath,Jr., 9696 Wilshire Blvd., Beverly Hills, CA, 90210

Office: (310) 248-6473

Mobile: (310) 486-1002



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