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Day: March 26, 2024

Mar 26
Impending Changes in Real Estate

If you are not in the know, The National Association of Realtors (NAR) was hit with a major antitrust lawsuit that accused the organization of anti-competitive practices, including steering consumers towards agents who offer higher commission rates. This dubious behavior and now lawsuit, began in Missouri in lower income rural areas showed seller Realtor’s inflating their […]

Mar 26
Real Estate News – NYS Property Condition Disclosure Changes

Effective March 20th 2024 Sellers will no longer be able to offer $500 to the Purchaser to waive the Property Condition Disclosure. New York law now requires most property sellers to disclose known home defects to buyers, covering structural, environmental, and other physical and legal issues. SELLERS: Every seller with a residential 1 to 4 […]

Mar 26
Equity in your home & HELOC’s

One of the benefits of owning a home is the chance to build equity. Equity is the difference between what you owe on your mortgage and what your home is worth. If your home is worth $300,000 and you owe $100,000 on your mortgage, you have $200,000 of equity. With a Home Equity Line of […]