By Don Dunning | June 10, 2010
I am back in Sacramento for the mid-year meeting of the California Association of Realtors. Yesterday was “Leg (short for Legislative) Day. ” That afternoon, over 1000 Realtors went to call on their local legislators. The “Hot Issues” were the need for legislation to: 1) Address the many problems relating to appraisals and the “Home […]
Read MoreBy Don Dunning | June 6, 2010
Would you read every word in the new, tightly printed, eight-page California Association of Realtor’s (C.A.R) residential contract? Probably not.
This contract, used by most real estate agents, has recently undergone its most extensive revision in the past eight years. Changes to this standard real estate purchase agreement can have a significant impact on the quality of your representation in a home sale transaction.
Some licensees have familiarized themselves with the additions and deletions; others may be clueless. To avoid potentially serious mistakes, make sure your real estate representative is in the know about these modifications.
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