Legal Hotline Attorney Vern Jarboe answers frequently asked questions from Kansas REALTORS® about legal issues in real estate transactions. REBR Legal Hotline will keep you and your entire firm in touch all year long with REBR Legal Hotline Attorney … [Read more...]
Buyer’s Rep Not Liable for Erroneous Measurements
June 9, 2014 by
Read the court's opinion on this case. A Texas appellate court has evaluated whether a buyer’s representative was liable to his clients for inaccurate square footage information. Bowen Zhu and Jian Yu (collectively, “Buyers”) purchased a home. The … [Read more...]
Fears for the Future| RealTrends
June 5, 2014 by
Game Changers? Some of the challenges we didn’t cover in the book. Written by Steve Murray, REAL Trends publisher In the newly released book, “Game Changers—The Unfounded Fears and Future Prosperity of the Residential Real Estate Industry,” … [Read more...]
Lender Services for Clients after Closing | Capitol Federal®
June 4, 2014 by
Do you want to know that your home buyers remain satisfied with their mortgage loan long after they sign their closing papers? Then it’s essential to understand how a prospective lender services its portfolio. Will the lender sell the servicing … [Read more...]
Court Finds No Duty to Disclose Competing Offer
June 3, 2014 by
Read the full decision: Woodson v. DLI Properties, LLC, et. al. In Woodson v. DLI Properties, LLC, the Supreme Court of South Carolina affirmed summary judgment in favor of a listing broker (“Broker”) who had been sued by Larius and Maurissa Woodson … [Read more...]
Photos too large for upload? Take these simple steps to resize them.
June 2, 2014 by
Many REALTORS® upload photos to their MLS and other real estate web sites. Photos that are taken at a high resolution (High Quality) save as large files; sometimes, too large for upload to those web sites. We receive a lot of calls asking for … [Read more...]
Does the repeal of the mortgage tax only apply to residential sales?
May 29, 2014 by
The mortgage registration tax previously applied to mortgage documents filed on all types of real property. As a result, the phase-out of the mortgage registration tax over a five-year period beginning on January 1, 2015 will apply equally to all … [Read more...]
Review of the 2014 Legislative Session
May 23, 2014 by
Following one of the shortest legislative sessions in nearly 40 years, the Kansas Legislature adjourned at 2:05 AM on Saturday, May 3rd. In 2014, the Kansas Association of REALTORS® (KAR) took a major step forward to stimulate the Kansas real estate … [Read more...]
Kansas Real Estate Housing Statistics | April 2014
May 22, 2014 by
Kansas home sales fell by 0.4 percent in April 2014 compared to the same period last year, according to new figures released by the Kansas Association of REALTORS®. Sales totaled 2,956 units in April, down from 2,967 units in 2013. In comparison, … [Read more...]
