When it comes to buying a home, it's the unexpected things that create problems. That’s why title insurance is so important. It isn't very well-known among most homebuyers, but it’s key to ensuring a quick and easy process.
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Considering the changes to business caused by the Coronavirus, the multiple listing service (MLS) has decided to implement new status definitions ahead of schedule, effective 4/1/2020.
Ironically known as the "Clear Cooperative Policy," this is now implemented to comply with National Association of REALTORS standards. Home sellers now have the choices of marketing their home under Active, Coming Soon, Withheld, Hold, Withdrawn, or Cancelled statuses. These listings must be available in the local multiple listing service (MLS) within five (5) business days of the seller signing a listing contract with a real estate broker.
Within one (1) business day of marketing a property to the public, the listing broker must submit the listing to the MLS for cooperation with other MLS participants. Public marketing includes, but is not limited to, flyers displayed in windows, yard signs, digital marketing on public facing websites, brokerage website displays (including IDX and VOW), digital communications marketing (email blasts), multi-brokerage listing sharing networks, and applications available to the general public.
Like you, we have spent the last several weeks & months learning about the coronavirus (
COVID-19) and how it is impacting our world. We are closely following the
Centers for Disease Control's (CDC)
guidelines and recommendations on the steps we can take to help prevent the spread of the virus.
Here is a complete list of everything should do if you decide to do an In-Person Home Tour. As you are probably aware of most of these recommendations - its always good to remind ourselves of the basic CDC guidance:
Many of us are wondering with the current state of the country, how our homeownership dreams will be achieved. Agents across the country are canceling open houses, and no one knows what the market will look like when the pandemic ends. The fact is that most of us are staying at home for an indeterminate amount of time.
With the current state of the country, the fact is that most of us are staying at home for an indeterminate amount of time.
Social distancing has become vitally important to stopping the spread of COVID-19 (Coronavirus), and if you are in the market to buy a home you’re probably wondering whether you should tour homes. You should definitely abide by all local resolutions, such as shelter in place orders. And for that matter, as always, if you simply don't feel comfortable or safe, you shouldn't tour properties.
With recent events HomeTraq very quickly put into place Live Video Tours so that people can now have the option do have a video call with an agent to tour the home. But which one suits you?
A place to call your own. A fresh start. A place to put down roots.
Buying a home for the first time can be—at any one time—challenging, complicated, confusing, and immensely rewarding. And when you’re in the military, those emotions can be intensified. Luckily, you don’t have to do it on your own. We’re here to help, with answers to all your first-time homebuying questions for 2019.
