Legal Tips

Weekly legal tips by Gary Pickren from Blair Cato Pickren Casterline

The Problem with Earnest Money.

As you may have noticed, many real estate agencies have moved away from holding earnest money. Most of these agencies request the closing attorney hold the earnest money for the transaction. I have spoken to several closing attorneys and most are experiencing similar but consistent issues with holding earnest money. Here are the top three [...]

By |2019-04-04T10:58:47-04:00April 4th, 2019|Legal Tips|Comments Off on The Problem with Earnest Money.

Who is Holding Earnest Money?

As you may have noticed, many real estate agencies have moved away from holding earnest money. Most of these agencies request the closing attorney hold the earnest money for the transaction. I have spoken to several closing attorneys and most are experiencing similar but consistent issues with holding earnest money. Here are the top three [...]

By |2019-03-29T16:54:45-04:00March 29th, 2019|Legal Tips|Comments Off on Who is Holding Earnest Money?

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 buyers making non-contingent contract offers and when their home does [...]

By |2019-03-18T15:42:11-04:00March 18th, 2019|Legal Tips|Comments Off on Agents Beware of This Buyer.

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 and YouTube and watch a real estate attorney, [...]

By |2019-03-08T17:33:05-04:00March 8th, 2019|Legal Tips|Comments Off on OUR FUNNIEST EPISODE EVER. ONLY TWO CHANCES LEFT TO WATCH 3 DUDES WATCH THE BACHELOR.

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 only and with the prior informed and [...]

By |2019-03-01T17:11:07-04:00March 1st, 2019|Legal Tips|Comments Off on Can a Real Estate Team Member Act as a Designated Agent?

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 Bowie (Movement Mortgage), John Stackhouse (Real Estate Commissioner) and myself [...]

By |2019-03-01T13:48:38-04:00March 1st, 2019|Legal Tips|Comments Off on IT’S ALMOST OVER! (Thank Goodness!) ONLY THREE SHOWS LEFT OF 3 DUDES WATCH THE BACHELOR!

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 tragically stupid internet show about the [...]

By |2019-02-22T16:52:03-04:00February 22nd, 2019|Legal Tips|Comments Off on Down to the Final Four! Don’t Miss the Latest Episode of 3 Dudes Watch the Bachelor.

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 time. By doing so the sellers [...]

By |2019-02-22T15:32:50-04:00February 22nd, 2019|Legal Tips|Comments Off on What Time Should Your Sellers Come to Closing?

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 Bowie (Movement Mortgage), John Stackhouse (Real Estate Commissioner) and myself [...]

By |2019-02-14T10:03:20-04:00February 14th, 2019|Legal Tips|Comments Off on For Some Reason You All Keep Watching. Another Episode of “3 Dudes Watch the Bachelor” is Out.

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 houselogic.com that answers what most clients need. [...]

By |2019-02-13T17:53:32-04:00February 13th, 2019|Legal Tips|Comments Off on Is That Tax Deductible?