COVID 19 Updates Know more Close x
x

NEWS

April 13, 2021

AN IMPORTANT WARNING FROM OUR MLS COMMITTEE CHAIR- SCAM ALERT

The Craigslist scams that plagued our industry after the 2008 crash never truly vanished. Recently however they appear to be bolder and more abundant than ever. The unprecedented pent-up demand for housing accompanied by the despair many people are feeling due to the lack of housing inventory is causing otherwise smart people to give in to desperation. Victims are not only giving money but unwittingly…Read more
March 22, 2021

State and Federal Tax Filing Changes Announced

By: Kim Shindle on March 22nd, 2021 in Industry News Federal and state income tax filing due dates were both extended last week but these extensions do not apply to the estimated tax payments that are due on April 15, 2021. The due date for individuals filing for the 2020 tax year will be automatically extended from April 15, 2021, to May 17, 2021 for federal income tax. The IRS will…Read more
March 9, 2021

Guidance for the Vaccinated

By: Hank Lerner, Esq. on March 9th, 2021 in Legal Issues  |  Industry News   On Monday, March 8, the Centers for Disease Control issued a new guidance document with recommendations for individuals who have been fully vaccinated (two weeks or more after getting the second dose). This provides general guidance from the federal government, but does NOT override any Pennsylvania-specific orders that are currently in place. It’s valuable to understand the broad outlines of this guidance as a preview…Read more
February 26, 2021

Terminating an Agreement of Sale

By: Jim Goldsmith, Esq. on February 26th, 2021 in Industry News There are occasions where the Agreement of Sale may be terminated for reasons other than the exercise of an option or right granted by its terms. A previously published JustListed article examined the Notice of Termination of Agreement of Sale and the situations when it should be used. Broadly speaking, it is used to exercise a right to terminate the agreement that is…Read more
February 19, 2021

Avoid Liability in ‘Sight Unseen’ Sales

by Deanne M. Rymarowicz Key Takeaways:  More buyers than ever are making offers without setting foot inside a home Disappointed purchasers most often bring claims against a real estate broker when they discover a previously unidentified defect or other undesirable feature of the home. Disclosure laws and the REALTOR® Code of Ethics still apply in virtual transactions. Buying a home “sight unseen” was not a phenomenon…Read more