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Asian real estate group, other advocates claim Florida law violates Fair Housing Act

Housing Wire

The law at the center of the suit came into effect on July 1, 2023, and it “generally restricts the issuance of government contracts or economic development incentives to, or real property ownership by, foreign principals, which are certain individuals and entities associated with foreign countries of concern,” according to the Florida Senate.

Law 314
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What Is a Land Contract In Ohio? Full Guide [2021 Update]

The Robert Weiler Company

In real estate, buyers and sellers must be knowledgeable to make informed decisions. Essentially, a land contract is an alternative financing option if you’re investing in: Farmland or raw land. Learn how you, the real estate investor, can avoid the bank and make an agreement directly with the seller.

Contracts 143
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Remote online notarization is the proper path forward for digital closings

Housing Wire

During the first six months of 2020, the Federal Housing Finance Agency reported that the volume of e-mortgages purchased by Fannie Mae and Freddie Mac spiked significantly. Earlier this year, Fannie Mae and Freddie Mac modified their Seller Guides and provided guidance on several policy areas to support mortgage originations.

Law 433
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Purchasing & Developing Land - Part 5 - Reselling It - Raw or Developed

Eppraisal

Owning raw land has real potential along with its share of pitfalls. Whether you decide to hold it and sell when real property values climb or -- alternatively -- develop the lot to convey at a higher price, you are subject to forces of market, timing and competition.

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Make Your First Investment Property an Attractive and Profitable Option

Cleveland Appraisal Blog

When you’re about to buy your first real property outside of your primary residence, you should know whether you’re going into it with the intention of renting or if you want to flip and make an immediate profit. This means on a $250,000 property, you’ll have to have a minimum of $37,500 in cash for the banks to even consider a loan.

Investing 332
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Real Estate Risk Management: Putting Clients’ Interests First

McKissock

In its Standard of Practice 1-2, “client” means persons or entities with which the Realtor® has an “agency or legally recognized non-agency relationship.” Article 2 requires honest communications regarding a seller’s property. This includes “opinions of real property value or price.”

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Commercial Real Estate Appraisal Review: Essential Handbook to a Necessary and Influential 2nd Opinion

The Robert Weiler Company

It isn’t clear who owns the appraised property. City or federally owned property is being evaluated. The physical, legal, or economic descriptions of the property are in question. Further, a property appraisal reviewer should have experience with the type of property that the professional is reviewing.