by Gary Pickren | Jun 1, 2018 | Legal Tips
As I finished my last closing today, I started pondering what legal tip to post. This week was the busiest week we have seen in real estate since pre-recession. Not since the days of the real estate craze has the volume been like this. Part of the crush was due to...
by Gary Pickren | May 25, 2018 | Legal Tips
As the market continues to heat-up, acceptance of offers is beginning to be a problem. Oftentimes, sellers want to wait until the last minute to respond to an offer in hopes that a more attractive offer will be presented. Recently a broker emailed me about an offer...
by Gary Pickren | May 18, 2018 | Legal Tips
Often when a real estate agent works with a buyer, the buyer will mention what they intend to do with the property if they were to buy it. The buyer may say something like they want to install a swimming pool, store a recreational vehicle or raise horses on the...
by Gary Pickren | May 11, 2018 | Legal Tips
A real estate agent recently asked me about the meaning of the survival clause in the contract. The agent thought that the survival clause meant that if a party to the contract died, her family still had to purchase the house. The survival clause is Paragraph 28 in...
by Gary Pickren | May 4, 2018 | Legal Tips
If a property is under contract to close and the buyer notifies the seller that they will be unable to close, can the seller re-list the property and accept another contract? It is a difficult question to answer without some caveat. When this situation arises it is...
