Can A Real Estate Agent's LLC Sign An Independent Contractor Agreement With A Broker? You may not know, but in Arizona, professional limited liability companies (LLC) or corporations (PC) are permitted to hold real estate licenses with the Arizona Department of Real Estate (ADRE). Therefore, a real estate agent can form a professional limited liability company or corporation and obtain a real ...
5 Next Steps When The Appraisal Comes In Too Low We recently came upon a very informative article about what steps a buyer can take when an appraisal comes in too low. In short, those steps are: 1. Appeal errors or bad comps to the appraiser. 2. Ask for a second opinion. 3. Rengotiate the terms of the purchase contract. 4. Pay the difference or split the difference. 5. Change lenders. For a more ...
Schern Richardson Finter Decker announces the formation and approval from the Arizona Department of Real Estate of the Finter Decker School of Real Estate. Stay tuned for announcements regarding upcoming schedules and courses.
High down payment requirements being proposed by federal regulatory agencies as part of the upcoming rulemaking under the Dodd-Frank Wall Street Reform and Consumer Protection Act will unnecessarily burden homebuyers and significantly impede the economic and housing recovery, according to the National Association of Realtors®. Six agencies, including the Department of Housing and Urban ...
Sales of previously owned homes dropped 9.6% in February and prices fell to their lowest level since 2002, reflecting a continued slump in the U.S. real estate market. The National Assn. of Realtors on Monday said home resales dropped to an annual rate of 4.88 million from an upwardly revised 5.4 million in January. The data is seasonally adjusted. Economists surveyed by MarketWatch expected sales ...
The goal in interpreting a statute is to find and give effect to the intent of the legislature. Mail Boxes, Etc., U.S.A. v. Indus. Comm'n, 181 Ariz. 119, 121, 888 P.2d 777, 779 (1995). In determining the legislative intent, the court must first look to the language of the statute. Canon Sch. Dist. No. 50 v. W.E.S. Constr. Co., 177 Ariz. 526, 529, 869 P.2d 500, 503 (1994). If the statutory language ...
Adam Decker and Aaron Finter will be presenting current legal trends in the real estate law at Great American Title Agency, Inc. on April 1, 2011, at 11:00am for a luncheon. Please coordinate with Schern Richardson Finter Decker, if you plan on attending. We would love to see you there. Email Adam at adam@finterdecker.com or Aaron at aaron@finterdecker.com if you plan on attending.
The Federal Trade Commission recently imposed a new rule on those companies providing mortgage relief to homeowners through short sales, loan modifications, and other mortgage relief options. The FTC issued the Mortgage Assistance Relief Services (MARS), Rule 16 C.F.R. 322, to prevent consumer abuses by sham companies claiming that, for a fee, they will negotiate with the homeowners' lender to ...
Can A Real Estate Agent's LLC Sign An Independent Contractor Agreement With A Broker? You may not know, but in Arizona, professional limited liability companies (LLC) or corporations (PC) are permitted to hold real estate licenses with the Arizona Department of Real Estate (ADRE). Therefore, a real estate agent can form a professional limited liability company or corporation and obtain a real ...