Private Mortgage Insurance, often referred to as PMI, is a form of insurance that protects the lender in the event that the borrower stops making...
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The Consumer Financial Protection Bureau (CFPB) is an independent entity housed in the Federal Reserve with its own budget and director, having broad authority and...
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When considering a buyer’s request for repairs, REALTORS® know that repairs costing $1,000 or more must be performed by a licensed contractor while repairs under...
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In September 1988, the Arizona Community Facilities District Act was passed into law. Generally speaking, the Act allows for the formation of a community facilities...
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Article Two, Section 17 of the Arizona Constitution provides that “no private property shall be taken or damaged for public or private use without just...
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Faez v. Wells Fargo Bank, N.A., et al., 745 F.3d 1098 (11th Cir. 2014) According to a recent decision by the United States Court of...
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Updated Requirements Issued for FHA Pre-Foreclosure Sales and Deeds in Lieu of Foreclosure On July 10, 2014, the U.S. Department of Housing and Urban Development...
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Although the training and education of REALTORS® primarily focuses on state and federal laws, there exist applicable city ordinances that affect how REALTORS® conduct business. ...
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Previously, AAR eliminated the Assumption/Carryback Addendum from its library of forms. It has since been replaced by three new seller financing addenda, along with a...
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Counteroffer One. Counteroffer Two. Counteroffer Three. The fact is that multiple counteroffers can create confusion because, with each counteroffer, it becomes increasingly difficult to determine...
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