Monthly Archives: August 2016

Existing FHA Condo Rules Extended

On August 24, 2016 HUD extended their existing temporary guidance on condos, without the changes brought about in HR 3700. HUD continues to work on the regulatory guidance to implement the new law, but their existing guidance was set to … Continue reading

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Connecticut Home Sales Drop in July

Connecticut REALTORS® reports that single-family residential home sales in Connecticut decreased 8.2 percent comparing July 2016 to July 2015. The median sales price of $265,000 reflects a 2.9 percent decrease from this period last year. Median indicates that half the homes … Continue reading

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Broker’s Lien Enforced by Buyer’s Rep

This happened in March, 2016.  Good to know that Buyer Representation means something to both buyers, and buyer representatives! A Connecticut appellate court has considered whether a buyer’s representative could collect a commission from a client when the client violated the … Continue reading

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Preparedness Planning for Your Business

Businesses can do much to prepare for the impact of the many hazards they face in today’s world including natural hazards like floods, hurricanes, tornadoes, earthquakes and widespread serious illness such as the H1N1 flu virus pandemic. Human-caused hazards include … Continue reading

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6 Top Ethics Issues Today

Times change but ethical challenges don’t. JULY 2016 | BY BRUCE AYDT Technology is raising a host of ethics issues, such as what’s okay and what’s not to say on social media. But the biggest ethics issues continue to be … Continue reading

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Lenders Told It’s Customary to Share Closing Disclosure With Agents

Real estate professionals experiencing trouble receiving copies of the closing disclosure under federal closing rules that took effect last year for residential real estate transactions should see relief under proposed changes and clarifications to the rules the federal government released … Continue reading

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