Legal Blog - Listings

  • Aug 1, 2016

    Mortgage Fraud, Agent Protocols

    A listing languishes on the market. The original list price is $400,000, but it is gradually reduced to $350,000. A buyer makes an offer for $400,000 with a $40,000 down payment. However, the offer has a condition based on the acceptance of an addendum that requires the seller to give the purchaser $40,000 in cash after closing. This little detail is "withheld" from the lender. Is this legitimate?
  • Jul 29, 2016

    Do Rental Transactions Mirror The Practices in Sales?

    If the differences between prospects are insignificant then following the practice of first come, first served makes more sense.