This is the most difficult market the real estate industry has seen in almost the last 20 years. Families who made an investment in their homes are now finding that for verying reasons not only are they unable to pay their mortgage, but they aren't even able to sell their homes for what they owe
...
10/16/2008
I was in shock when I read this most recent addition to a contract with a bank addendum because it essentially gave the bank carte-blanche over the P&S. Article 15. The Seller reserves the right to terminate the Contract for any reason in its sole discretion. Should the Seller terminate this co
...
10/16/2008
With the current economy the way it is right now and foreclosures rolling into the market in waves, I'm sure many of my fellow agents have seen this clause already, but buyers may not have. The importance being, make sure you disclose the following clause to your buyers and the lender they are w
...
10/16/2008