Does Seller Have a Right to the Appraisal?

30. August 2016 Real Estate 0
By Bob Hunt, realtytimes.com One of the brighter agents in our neighborhood asks this question: “Does the buyer have an obligation to provide the seller with a copy of the appraisal?” Suppose the seller thinks, as sellers sometimes do, that the property sold “too low.” Suppose further, as sometimes happens, that the seller is right. ...

Economic update for the week ending August 20, 2016

Stocks flat for the week – The Dow Jones Industrial Average, S&P 500, and the NASDAQ reached all-time highs on Monday, before losing ground and ended the week almost unchanged. Oil strengthened which could help oil producing regions, and the dollar softened which could be good for exports if these trends continue. The Federal Reserve ...

Economic update for the week ending August 6, 2016

Employers add 255,000 new jobs in July – The Bureau of Labor Statistics reported that U.S. employers added 255,000 net new jobs in July. Expectations were in the 180,000 new jobs range. Job gains had stalled out in the beginning of the year, bottoming out in May when only 24,000 new jobs were created, the ...

Economic update for the week ending April 9, 2016

Stocks down for the week – This week several Fed members as well as Fed chairperson, Janet Yellen, made statements about interest rate policy. They stated that rates will rise much slower than previously expected due to more uncertainty in the economy. This helped to weaken the value of the dollar which is good for manufacturers ...