Force majeure is a contractual clause relieving one or both parties of obligations because of circumstances beyond their control. Force majeure (“strong force” in French) is a contractual clause relieving one or both parties of obligations because of circumstances beyond their control. It’s lately become a hot topic in real estate. The doctrine may be …
Tag: Anthony DiDonato
Dec 08
Hold On, That’s My Client!
Procuring cause issues can be confusing. Here’s how to avoid disputes. Key Takeaways: It sounds simple enough: To earn a commission, a broker or agent must be the procuring cause of the sale. But misunderstandings can arise about how that term applies in some transactions. Knowing the factors that establish procuring cause can help you …
Dec 07
Avoid Liability in ‘Sight Unseen’ Sales
Problems can arise if a home doesn’t meet a buyer’s expectations in real life. Key Takeaways: Buying a home “sight unseen” was not a phenomenon invented during the COVID-19 pandemic. It’s long been common for investors and military buyers who are relocating, among others, who sometimes must make purchases without visiting a property. With the …
Dec 07
Jersey Shore Vacation Home – 7308 Landis Ave, Sea Isle City, NJ. 08243
7308 Landis Ave, Sea Isle City, NJ. 08243 Listing courtesy of Francis Smith – FREDA REAL ESTATE $1,749,000 Est. Mortgage $10,598/mo*5 Beds5 Baths Description about this home for sale at 7308 Landis Ave, Sea Isle City, NJ. 08243 “Life Is Short Buy the Beach House Now, And Your Family Will Love You Forever!” Unique Townsends …
Dec 06
Delaware County / Delco home – 18 Colet Cir. Broomall, PA. 19008
18 Colet Cir. Broomall, PA. 19008 Listing courtesy of Meghan Chorin Compass RE, $1,199,900 Original price: $750,000 Est. Mortgage $8,183/mo*4 beds5 baths5424 Sq. Ft. Description about this home for sale at 18 Colet Cir. Broomall, PA. 19008 Introducing 18 Colet Circle – a timeless colonial home that seamlessly blends classic elegance with modern amenities. This …
Dec 06
Behind Monumental Changes
The Code of Ethics’ ban on discriminatory hate speech and conduct reinforces the association’s commitment to fair housing. At its November 13, 2020, meeting, the National Association of REALTORS® Board of Directors approved recommendations from the Professional Standards Committee that address discriminatory and other harmful speech and conduct. Most notably, a new Standard of Practice …
Dec 05
Welcome Clarity on RESPA
Tips for complying with rules on marketing service agreements. Key Takeaways: In a welcome move for the real estate industry, the Consumer Financial Protection Bureau has issued guidance for how settlement service providers may properly engage in marketing service agreements, rescinding its previous bulletin warning of the substantial legal and regulatory risks presented by MSAs, …
Dec 05
Delco / Broomall PA Home – 203 Lovell Ave, Broomall, PA. 19008
203 Lovell Ave, Broomall, PA. 19008 Listing courtesy of Megan Kerezsi – Keller Williams Real Estate – Media $499,900 Est. Mortgage $3,455/mo*3 Beds2 Baths1564 Sq. Ft. Description about this home for sale at 203 Lovell Ave, Broomall, PA. 19008 Professional photos will be added on Thursday and showings start on Friday! Wonderfully maintained and absolute …
Dec 04
Thinking of investing in other properties?
Thinking of investing in other properties? The DSCR loan may be an option to easily qualify without all the paperwork hassle. Reach out to Century 21 All-Elite and lender Ken Jordan, NMLS 183317 of Princeton Mortgage to see if you fit that window! #DSCRloan
Dec 04
Having a hard time saving up for a downpayment on a home?
Having a hard time saving up for a downpayment on a home? The PHFA K-flex program can help give you the downpayment assistance you need to obtain a home. Century 21 All-Elite and lender Ken Jordan, NMLS 183317 of Princeton Mortgage can help you along the way with what makes the most sense for you. …
Dec 01
How much can a 2-1 buydown save you?
How much can a 2-1 buydown save you? These examples will help build a picture of how it works. Talk to your agent today on how to structure your offer. Ask Century 21 All-Elite and lender Ken Jordan, NMLS 183317 of Princeton Mortgage who have your best interests at heart! #2-1buydown
Dec 01
Looking at a loan option with 100% financing?
Looking at a loan option with 100% financing? Talk to your agent today to see if a property you love meets the criteria. Ask Century 21 All-Elite and lender Ken Jordan, NMLS 183317 of Princeton Mortgage who have your best interests at heart! #USDA
