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Interesting stories from our lives as Exclusive Buyer’s Agents!
Broker Weasel Clauses
This year we've seen a disturbing trend reappear. Here is what I experienced at a closing yesterday: At a closing the title company asked the buyers to sign a hold harmless agreement that stated the buyer will not ever sue the real estate brokers for anything. That is...
Michigan May Have Missed The Poison Chinese Drywall Issue
I’ve posted before about the concern with poison drywall from China. It is a big problem in Florida and a number of other states. You can find more legal information about the Chinese drywall here. And it looks like there have not been problems reported to date in...
House Officers Getting Bad Information About Mortgages?
It sounds like some incoming physicians doing their residency here have been receiving bad information about available mortgage options. The mortgage market has changed dramatically over the last two years. There are now only about a half dozen zero downpayment...
Ann Arbor Home Inspector Gets Threat From Real Estate Agent
I heard an interesting story yesterday from a home inspector that works in the Washtenaw County area. It was about one of those enlightening moments in his career and it happened ten or twelve years ago. He was at an inspection...
Two Little Words That Are Causing a Lot of Frustration for Home Buyers – Procuring Cause
The national association most of the top buyer agents belong to (naeba.org) just posted this press release: AVONDALE, Ariz., March 31, 2009, /PRNewswire-USNewswire via COMTEX/ — As fewer transactions are split up between a relatively fixed number of real estate...
What happens when a home owner removes the filters in their furnace
Homes that have been “abused” We sometimes talk about homes that have suffered from abuse from their owners. A friend of mine ran across this example in a home he bought recently. The furnace had been run for years without a filter. Here is what he saw when he opened...
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