Monthly Archives: March 2020
Florida’s First-Time Home Buyer Down Payment Assistance Program
Purchasing a home is not the easiest process to go through and in many cases, most homeowners need some level of assistance to help them get through the financial hump. Fortunately, for first-time home buyers in the State of Florida, there are recent programs implemented to help them do just that. Even amid the corona virus pandemic, Florida State has listed multiple down payment assistance programs that fit for both FHA and conventional borrowers.
When is a Single Agency Relationship Right for Your Real Estate Transaction?
As previously noted, a single agency relationship provides certain duties to a buyer or seller. In a nutshell, the real estate sales associate and their employing Broker become your fiduciaries. They are officially the “agents” and you are officially the “client”. They owe you, as the client, a set of duties that are only present in this agreement whether you are the home seller or the home buyer.
Real Estate Agency Relationship
A real estate agency relationship or agreement dictates the responsibilities owed to you by your representing agent or Broker. Depending on the state, these rules are modified in small ways but overall, the end results will tend to the be the same. We will go into agency relationships below, but first, let’s start with the 3 types of realtor agency relationships.
