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How to know if a real estate school is accredited

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Florida Real Estate School offers pre-licensing real estate agent courses, pre-licensing courses for brokers, exam prep, and continuing education classes and is certified by the Florida Real Estate Commission.

Is RealEstateU accredited in Virginia?

Is RealEstateU accredited in Virginia? Yes, the RealEstateU online 60-hour Virginia real estate salespersons course (pre-license course) is fully approved by the Virginia Real Estate Board. The course is taught by a qualified Board-certified real estate pre-license education instructor.

Is the CE shop accredited in Georgia?

The CE Shop is a GREC-approved real estate education school and offers the salesperson Pre-Licensing course on an advanced, web-based platform designed exclusively for real estate professionals.

Is the CE shop accredited in MA?

The CE Shop is an approved education provider in the state of Massachusetts. Learn more about your package options here.

How do you check if a school is accredited in Florida?

Requests for information about the accreditation of a specific school should be directed to the school staff or its designated accrediting agency. The acceptance of diplomas from private schools will be subject to the requirements of the receiving educational institution or employer.

How long can property taxes go unpaid in Pennsylvania?

Two years The second Monday of September every year, the Bureau will conduct an Upset Sale: this is the first sale that a property must go through. At this sale, properties that are two years delinquent in taxes will be auctioned.

How long can property taxes go unpaid in Ohio?

Within 60 days If you don't pay your property taxes within 60 days of the date they are certified delinquent, your case could be sent to the county prosecutor to start the foreclosure process.

What happens if you don’t pay real estate taxes in PA?

On the 1st of July, of the 2nd year after the original tax bill was issued by the local tax collector, if still not paid, the property will become eligible for Upset Sale. The owner will receive notice, and the property will be advertised, posted and offered at public auction for sale.

How long do you have to rent for?

How long do you want the tenancy for? The landlord must allow you to stay in the property for a minimum of 6 months. Most landlords offer tenancies for a fixed term of 6 or 12 months. However, it is possible to negotiate a longer tenancy, or you could agree to a tenancy which rolls over on a weekly or monthly basis.

Can you get a 6 month lease in NYC?

NYC allows for 6-month leases.

What are the disadvantages of putting your house in a trust?

The key disadvantages of placing a house in a trust include the following: Extra paperwork: Moving property in a trust requires the house owner to transfer the asset's legal title. This involves preparing and signing an additional deed, and some people may consider this cumbersome.

Why do rich people put their homes in a trust?

Trusts are regularly used by wealthy families to minimize taxes and transfer assets to heirs. Trusts are also used to insulate wealth from frivolous and unfounded lawsuits and sometimes from divorcing spouses.

Is transferring assets to a trust a taxable event?

Transfer Taxes The good news regarding trusts and taxation is that gifts and inheritances are not considered income for income tax purposes. This means that gifts to trusts and distributions of principal from trusts to beneficiaries are not subject to income tax.

What is the negative side of a trust?

One of the most significant disadvantages of a trust is its complexity. Generally, trusts use very specific language, which can be difficult to understand for those who are not often involved in estate law. Because trusts were once written in Latin, there are many legal terms that still carry over.

What day of the week do most people list their house?

Thursday The best day of the week to list your house. Thursday is the sweet spot for listing your home for sale. This is mainly because house-hunters tend to plan their in-person home tours for the weekend, when they're not at work, and pre-weekend listings are fresh in their minds.

What month do most people list their house for sale?

Late spring and up to July are considered the home-selling months. You can sell faster and earn higher sale proceeds during this time of the year. As per 2022 data, the median sale price of houses sold in April 2022, was $839,000.

What are the busiest days for real estate agents?

Thursdays and Fridays Are Big Real estate broker Kimberly Jay confirmed my experience, sharing that new listings often go on the market just before the weekend, when many buyers aren't working and have more free time to scope them out in person. “Many listings hit the market on Thursday and Friday,” she says.

What month is best to look for a house?

Late summer, specifically August, tends to be a better time to buy than early summer as there's more likely to be a healthier balance between inventory and prices. In June and July, many housing markets still have strong demand and inventory levels carrying over from spring, giving sellers more advantages.

What months have the most listings?

Spring and summer are the best seasons to sell Typically, sellers list their homes in the spring and summer because the weather is good, especially for people in colder climates.

What happens when someone lies on a seller’s disclosure?

When they lie, you have grounds for a lawsuit against the seller. Any kind of misrepresentation or even failure to disclose defects in the home can lead to financial compensation. Had the seller disclosed some defects, you might not have bought the home.

What can happen to a seller who inaccurately or deliberately withholds information on the seller’s disclosure form about a property’s physical condition?

Yes, you can sue the seller for not disclosing defects if your attorney can prove that the seller knew about the defect and intentionally failed to disclose it. Unfortunately, many sellers know about defects. Often, they will do things to mask the defect, like repainting or putting in new carpet.

How do I prove seller lied on disclosure in Georgia?

In order to successfully prove this claim, the buyer would need to show the following:
  1. The concealment of the defect was an act of fraud or deceit.
  2. The buyer could not have discovered the defect through their own due diligence.
  3. The seller knew of the defect, and they said nothing.

What happens if a seller lies on a disclosure in Texas?

If a seller fails to disclose those defects, they may be held liable for the cost of repair. In some cases, a court may even rescind the sale of the property.

What is wrongful disclosure?

Wrongful disclosure: Is disclosure without consent, whether accidental or deliberate, which is not covered by section 10.

What does it mean to rescind an offer in real estate?

Rescission as a Remedy to Parties Where a Business or Real Estate Contract has Been Entered Into Based on Duress, Fraud or Mistake. Generally speaking, rescission is a statutory and equitable remedy which restores the parties to the condition they were in prior to execution of the agreement.

How long does a buyer have to rescind the offer?

Until both parties have come to an agreement on all the contract terms and actually signed the purchase agreement, neither of you are legally bound to anything, and you can withdraw your offer without any problem.

What does it mean to rescind an offer?

Rescinding an offer is the process of withdrawing an employment offer. Companies may rescind offers due to evolving internal resources or the failure of a candidate to demonstrate their competency for the role. In any case, rescinding a job offer may have legal implications or affect the employer's reputation.

Can a seller accept an offer and then back out?

A seller can back out of a purchase contract, but not always without penalty. Sellers can withdraw their offer if it's for a reason covered by a contingency. For example, a seller might not be able to find a home in time to move out, or might change their mind during an attorney review period.

Why do people rescind offers?

Sometimes, a job offer can be rescinded due to something on the candidate's end. The most common is if the candidate was found to have been misleading on their resume or application.

What is better finance or real estate?

Buying a property requires more initial capital than investing in stocks, mutual funds, or even REITs. However, when purchasing property, investors have more leverage over their money, enabling them to buy a more valuable investment vehicle.

Is real estate the easiest way to get rich?

If done correctly, real estate can be an excellent vehicle for wealth accumulation if you take the time to educate yourself about the process and the best strategies for maximizing profits. If you have cash (a 20% down payment), getting started in real estate investing is substantially easier.

Is it hard making money in real estate?

You don't need a lot of starting capital to make money in the real estate industry. But you do need the knowledge and the know-how. Most people think that it's easier to make money online than it is to make serious coin in real estate. But both are difficult if you don't know what you're doing.

What is the easiest type of real estate?

The most popular type of property for real estate investors is single-family homes and condos. They're easy to manage because the tenant assumes most of the responsibility. They take on many of the day-to-day maintenance tasks as if they were the actual homeowner, often from landscaping to changing the HVAC filters.

What is the downside of real estate?

Real estate investments tend to have high transactional costs, especially in legal and brokerage fees. The process of acquiring a new property is also very long and tedious with lots of legal formalities. Another disadvantage of property investments is that they are not easy to liquidate.

What does market value mean in appraisal?

A home's market value is what buyers are willing to pay for a home — not what the seller lists the home for. To determine market value, comparable listings (comps) are one of the most important factors. Market value is much more volatile than an appraisal and is adjusted for things like market conditions.

Is market value usually higher than appraised value?

If buyers are few and far between when you list your home, there's a chance the market value will be lower than the appraised value. On the other hand, if you're seeing a ton of interest in your home from multiple buyers, you may find that the market value is higher than the appraisal value.

What’s the difference between appraised value and market value?

In essence, the appraised value of a home is the worth determined by an impartial appraiser, while the market value is the amount it can command on the open housing market. While the figures are often close in number, they're determined using two different methods.

What’s the difference between home value and market value?

In short, assessed value is the home's value come tax time while fair market value is the cost to buy a home in that area.

Are appraisals usually lower than market value?

According to Fannie Mae, appraisals come in lower than expected in less than 8% of home sale transactions.

How do you introduce yourself as a new real estate agent?

Don't draw attention to the fact that you're new to this. Introduce yourself as the neighborhood real estate professional. No need to mention that you're brand new. Include a current, professional headshot.

What is the point of being on a real estate team?

Working in a team allows you to be closer to other agents, some of which will be more experienced than you are. You get to see how they handle their leads and clients and learn things from them, thus helping you to become a better realtor. Additionally, the leads given out by the team leader are pooled together.

How do you start a conversation in real estate?

Approaching new real estate leads
  1. Introduce yourself briefly.
  2. Explain how you got their information.
  3. Ask if now is a good time to chat.
  4. Ask what triggered their home buying or selling.
  5. Touch on current market conditions, and ask if they have any initial questions.

What advice would you give to a new real estate agent?

Build rapport with your clients Successful real estate agents understand the importance of building strong relationships with potential clients. Part of your job is to make the client feel comfortable, cared for and understood. Ask your clients plenty of questions and practice active listening to build trust.

How do you announce joining a new broker?

Try something like: “Hi, XX, This time, I'm the one making the move! I'm proud to announce I've joined the XYZ Real Estate team, and I hope you'll join me next time you need to buy or sell a home.

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