by kramoltz@hotmail.com | Feb 28, 2015 | Selling Your Home, The Attorney-Broker Advantage
In Part 1 of this series, I revealed that dual agency results in a real estate broker getting paid double for being disloyal. Dual agency occurs when “the agent acts for both of the principals at the same time in the same transaction.” In other words, it occurs when...
by kramoltz@hotmail.com | Feb 28, 2015 | Home Buying, Selling Your Home, The Attorney-Broker Advantage
How would you like it if you were in a lawsuit, and your attorney at trial, after arguing on your behalf, got up and moved over to the other side’s table, and then started arguing the case against you? You wouldn’t. Would you choose that over representation of you...
by kramoltz@hotmail.com | Feb 28, 2015 | Mortgages + Lending
Freddie Mac reported that mortgage rates set new record lows the first week of September. Rates on 30-year fixed-rate mortgages averaged 4.12%; the lowest since 1971. That’s down from 4.22% the week before, and from a 2011 high of 5.05% in February of this year....
by kramoltz@hotmail.com | Feb 28, 2015 | Real Estate Facts & Figures
The latest market analysis (for May 2011) was released by our local Multiple Listing Service. The good news is that sales are up over last year, with about 9,000 homes sold for three months in a row. This is due to the record affordability of housing in the...
by kramoltz@hotmail.com | Feb 28, 2015 | Canada and Canadians, Global Buyers + Foreign Investment
The numbers are in, and non-U.S. citizens continue to pour money into real property purchases. According to the National Association of Realtors®, international purchases of residential property are up by $16 billion over the equivalent period in 2009-2010. This is...
