by alex a | Sep 8, 2017 | Legal Tips
There is a myth that has permeated our real estate industry for years. Many real estate agents believe that providing clients with three vendor names magically reduces their liability. Some agents even believe that they are required by law to provide three names. I...
by alex a | Sep 1, 2017 | Legal Tips
On August 9th Inman News reported that Zillow Group and the Consumer Financial Protection Bureau were in settlement talks and that changes in the company’s agent and lender co-marketing program could be forthcoming. Yesterday WFG National Title Company reported...
by alex a | Sep 1, 2017 | Legal Tips
Clients expect agents to provide recommendations for services related to the real estate closing process. Most buyers and sellers don’t know a mortgage company, repair company or closing attorney. An agent could simply decline to provide any recommendations in...
by alex a | Aug 25, 2017 | Legal Tips
Who determines how taxes are prorated at closing? The answer is simple; the contract! As you know an owner occupant of real property may qualify for the 4% tax rate while a non-owner occupant would be taxed at 6%. This difference could cause a homeowner’s real...
by alex a | Aug 18, 2017 | Legal Tips
There is a little known tax provision in South Carolina Code §12-43-220 that pertains to the 4% owner occupant tax rate. As you are aware an owner occupant pays a 4% tax rate whereas an investor or second home owner pays at a 6% property tax rate. The difference can...
by alex a | Aug 10, 2017 | Legal Tips
Buying and selling a home is an exciting time, but there can be pitfalls for unsuspecting consumers. The American Land Title Association has created a fantastic video for you to share with your clients so that homeowners and sellers are aware that criminals are using...
