How to save a deal that’s hanging by a thread

There’s an old adage in the real estate business that no two deals ever go wrong the same way twice. Another truism is that money solves almost every problem that you will encounter. The issue is negotiating who will have to pay out of pocket to make that happen. In the following, I’ll chronicle how to save a deal by sharing some of my experiences both professionally and personally …

How agents can protect their assets from lawsuits and litigation

Lawsuits are a real part of the job that agents must be aware of to protect themselves and their businesses. According to a prominent law firm, there has been a recent increase in lawsuits against real estate agents and brokers that spans the entire co…

New mortgage disclosures take effect

On Oct. 3, new mortgage disclosure forms were rolled out. In the future, borrowers will receive two new disclosures: the Loan Estimate, which outlines the terms and projected closing costs, and the Closing Disclosure, which will be received at least th…

Title abstract provider expands network, tightens turnaround

Real estate information services provider American Tax & Property Reporting Inc. (ATPR) has expanded its national abstractor network for SmartProp, a property search reporting product, which will give customers a faster turnaround time and more competitive pricing structures …