by Gary Pickren | Nov 10, 2017 | Legal Tips
In our last post we examined what RESPA Section 8(a) considers to be “a thing of value”. Today we discuss what the Consumer Financial Protection Bureau considers to be an “agreement” or “understanding” to pay for referrals or...
by Gary Pickren | Nov 10, 2017 | Legal Tips
Blair Cato Pickren Casterline would like to say “THANK YOU TO ALL THAT HAVE SERVED!” We honor and appreciate those men and women in uniform who have sacrificed so much to keep our country free. We also thank and honor the military families who also...
by Gary Pickren | Nov 3, 2017 | Legal Tips
We have been examining RESPA over the past few posts. As we discussed, Section 8(a) states that a person or entity may not give, accept, or transfer a fee, kickback, payment, commission, gift, tangible item, special privilege, or any other thing of value to any other...
by Gary Pickren | Oct 27, 2017 | Legal Tips
RESPA(8)(a) states a simple concept: a person or entity may not give, accept, or transfer a fee, kickback, payment, commission, gift, tangible item, special privilege, or any other thing of value to any other person in exchange for a referral of business in a real...
by Gary Pickren | Oct 26, 2017 | Legal Tips
Richland County just issued the county real estate tax bills today. If your client is closing between now and the end of the month, please be aware that final closing numbers have changed. Instead of the buyer getting a tax proration credit from the seller, the tax...
by Gary Pickren | Oct 25, 2017 | Legal Tips
Several counties have issued real estate tax bills. Please remind your Sellers that once the tax bill is issued by the county, the tax becomes a lien against the property which must be paid at or before closing. Even if your Seller escrowed for taxes and their lender...