Author Archives: Buyer Broker

iBuyers – the good, bad, and ugly of their disruption of residential real estate markets

Listen to my podcast on the subject of iBuyers The growing number and types of threats to limit the inventory and sales by residential real estate agents include, but are not limited to, (a) iBuyers (ie, “instant” cash buyers / … Continue reading

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Real Estate Wire Fraud

Listen to my podcast on the subject Basically – in 25 words or less…. if homebuyers send closing funds to the wrong bank account, you get screwed! Don’t believe everything in writing. Pick up the phone and call. Real estate … Continue reading

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Do 10 Year US Treasury Note yields have an Influence on Mortgage Interest Rates?

Listen to my Podcast on this subject. Yes, they have been an influence in recent years. But first a little economics discussion, history and then some current events…. When people/institutional investors invest money to make more money, they want not … Continue reading

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Is the traditional residential real estate industry collapsing?

My podcast of this topic If you search for residential real estate mergers and acquisitions in your favorite internet search portal, you’ll see many mergers are occurring. We are seeing a drop on volume of “available” residential properties that agents … Continue reading

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Does FHA insure mortgages for nursing homes?

Yes…but, is this within the scope and purpose of the US federal government to insure mortgages for the construction or operation of nursing homes? How many FHA mortgages have been used to fund nursing homes and have there been any … Continue reading

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Can You Answer These Top Five E&O Policy Coverage Questions?

Errors and omissions policy forms vary from carrier to carrier and all have their own list of exclusions. Claims related to criminal, fraudulent, or dishonest act are normally excluded. Claims related to any type of liability which was assumed by … Continue reading

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What is an ALTA/NSPS Land Title Survey and why is it important in Real Estate Transactions?

In 25 words or less….or more: Lenders won’t make loans for home purchases (hey – this is important even if you buy a property for cash) unless title is clean and title insurance policy can be issued on the property. … Continue reading

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Spray Foam Bad for Termite Control

Why does spray foam insulation interfere with termite control? Spray foam insulation unfortunately provides termites with a dense, spongy place to build their colonies, and it is very easy for them to tunnel through. It does not attract termites, but … Continue reading

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Real Estate Open Houses – Good or Bad idea?

Only 3% of buyers visited open houses according to the 2018 Home Buyers and Seller Generational Trends Report published by the National Association of Realtor. About 45% of female REALTORS® and 25% of male REALTORS® have experienced a situation in … Continue reading

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Failure to Double-Check Your Work Could End in a Lawsuit

A lending institution engaged a real estate broker to list and sell residential property that went through the foreclosure process after its owners defaulted on the mortgage. Situation: A lending institution engaged a real estate broker to list and sell … Continue reading

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