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The recent settlement in the N.A.R. (National Association of Realtors) Sitzer/Burnett case has caused ripples throughout the real estate industry. Many headlines have focused on the large settlement amount as well as the notion that real estate commissions and...
Introduction The Sitzer/Burnett legal case is a landmark antitrust lawsuit against the National Association of Realtors (NAR) and some of the largest real estate franchisors. The case alleged that the defendants conspired to inflate real estate commissions by...
Owning a home can be a great opportunity to build wealth over time. Yet, the reality of property taxes can put a damper on your annual cash flow. However, there may be a way to make adjustments to your expenses: By requesting a reappraisal of the value of your home,...
When it comes to purchasing a home, traditional financing options like mortgages from banks or credit unions often come to mind. However, there's another less-known yet equally viable method of financing a real estate transaction: seller financing, also known as the...
Buying a home is a significant milestone in life, and ensuring that you make an informed decision is of utmost importance. Property disclosure documentation is a crucial aspect of the home-buying process, providing essential information about the condition of the...
When you buy a home, you want to be sure that you have clear ownership of the property. Unfortunately, that's not always the case. Title problems can arise that threaten your ownership, and title insurance is designed to protect you from those problems. In this...
The last two years caught many of us off guard — and not just because of the pandemic. They also ushered in the hottest housing market on record, with home prices rising nationally by nearly 19% in 2021, driven primarily by low mortgage rates and a major supply...
The real estate market remains influenced by the old supply-and-demand predicament: U.S. home sales continue at a rapid pace, but the number of listings remains limited. Amid historically low mortgage rates, buyers keep shopping, reducing inventory and sparking a rise...