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Legal blog posts on real estate, closings, business, estate planning, and more. Blair | Cato is here to help and inform. If you believe you need our services, contact us.
Agents Beware of This Buyer.
Have you ever received a contract that was non-contingent on the Sale or Sale and Close of the buyer's house and wondered if the buyer was being truthful about their financial ability to purchase the house without selling their home? Have you ever complained about...
DOL Proposes New Rule Increasing Minimum Pay for Exempt Employees
The United States Department of Labor (“DOL”) has published a new rule it proposes to increase the minimum salary threshold for exempt employees from $23,660 annually ($455 per week) to $35,308 annually ($679 per week) in order for an employee to qualify for the Fair...
OUR FUNNIEST EPISODE EVER. ONLY TWO CHANCES LEFT TO WATCH 3 DUDES WATCH THE BACHELOR.
So much stupid stuff happened on the Bachelor this week (Colton finally jumped the fence) that our show could not help but be hilarious. Each week over 1,000 people watch our tragically stupid internet show about the greatest or worst show on TV. Join us on Facebook...
Can a Real Estate Team Member Act as a Designated Agent?
I am often asked if a buyer agent on a real estate team can represent a buyer in purchasing one of the team’s own listings. The answer is yes, but only as a disclosed dual agent. South Carolina Code §40-57-360(B) says, “The team may act as disclosed dual agents...
IT’S ALMOST OVER! (Thank Goodness!) ONLY THREE SHOWS LEFT OF 3 DUDES WATCH THE BACHELOR!
Each week over 1,000 people watch our tragically stupid internet show about the greatest or worst show on TV. Join us on Facebook and YouTube and watch a real estate attorney, mortgage lender and real estate commissioner's show called 3 Dudes Watch the Bachelor. Flynn...
Down to the Final Four! Don’t Miss the Latest Episode of 3 Dudes Watch the Bachelor.
We are down to the final three or four or ten episodes of the Bachelor. Whatever . . . Will Colton find love? Are the girls there for the right reasons? DOES ANYONE CARE!?!?!?!?! Why are you still watching our dumb show? Each week over 1,000 people watch our...
What Time Should Your Sellers Come to Closing?
As the old adage goes, time is money. As such, many sellers these days don't want to sit in a closing and wait while the buyers sign a large stack of closing documents. Therefore, some sellers have begun coming to closing 30 minutes or so after the scheduled closing...
Blair Cato Video Series: When Will I Get the Deed?
Blair Cato continues our series of informational videos that either protect the client or better explains a real estate situation or issue. The videos range from wire fraud to preliminary settlement statements to power of attorneys. Each short video explains a...
For Some Reason You All Keep Watching. Another Episode of “3 Dudes Watch the Bachelor” is Out.
Each week over 1,000 people watch our tragically stupid internet show about the greatest or worst show on TV. Join us on Facebook and YouTube and watch a real estate attorney, mortgage lender and real estate commissioner's show called 3 Dudes Watch the Bachelor. Flynn...
Is That Tax Deductible?
Like you, we often get questions asking if certain closing costs are tax deductible. Since we do not practice tax law, we usually refer the person to a tax adviser for those answers. You should do the same. However, here is a very short and good article by...
Blair Cato Video Series: The Preliminary Closing Statement.
Blair Cato continues our series of informational videos that either protect the client or better explains a real estate situation or issue. The videos range from wire fraud to preliminary settlement statements to power of attorneys. Each short video explains a common...
Is Your Real Estate License Expiring June 30, 2019?
If your Real Estate License expires on June 30, 2019, you must complete your Mandatory Continuing Education (MCE) and Continuing Education (CE) hours prior to the renewal date. In order to satisfy your education requirement you must complete 10 hours of MCE/CE. Of...