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This is the first video in a series on the 2020 Georgia Association of Realtors (GAR) Contract Forms. This video covers the changes in the F601 – Sale or Lease of Buyer’s Property Contingency Exhibit. Stay tuned for more videos on other changes to the 2020 GAR Contract Forms. 2020 GAR Contract Changes: F201 – Purchase & Sale Agreement: 2020 GAR Contract Changes – F201 – Purchase & Sale Agreement: https://youtu.be/EgUo3vtEdyc 2020 GAR Contract Changes: Listing Brokerage Agreements: https://youtu.be/lkxveiBuGOs Check out the online calendar to attend classroom classes on those changes in December & January & February hosted by Maximum One Realty Franchises & offered through the Georgia Real Estate Academy (GREC School #6915.) http://www.registerforREclasses.com – select your geographic area – select a month & a class. January & February calendars are still being finalized.

 

Continuing the series on the 2020 Georgia Association of Realtors (GAR) Contract Forms. This video covers the changes in the F201 – Purchase & Sale Agreement. Stay tuned for more videos on other changes to the 2020 GAR Contract Forms. 2020 GAR Contract Changes – F601 – Sale or Lease Contingency Exhibit: https://youtu.be/ZmR1F68-pfwn (released 11/23/19) 2020 GAR Contract Changes: Listing Brokerage Agreements: https://youtu.be/lkxveiBuGOs (released 12/3/19) (released 12/3/19) Check out the online calendar to attend classroom classes on those changes in December & January & February hosted by Maximum One Realty Franchises & offered through the Georgia Real Estate Academy (GREC School #6915.) http://www.registerforREclasses.com – select your geographic area – select a month & a class. January & February calendars are still being finalized.

GAR Changed the VA Loan Exhibit (F410) in their Midyear Changes they made in June 2019. Watch the video to learn of this huge change to paragraph #14! Click to See Actual Verbiage: https://maximumonerealty.files.wordpr…

When a Buyer & Seller have a Binding contract & the Buyer doesn’t close and defaults on the contract, what recourse does the Seller have? May the Seller keep the Earnest Money? Sue for damages? Sue for expenses incurred? What if the Seller had spent thousands of dollars on repairs & the Buyer just bails – what may the Seller recover financially? Watch the video to find out!

If a Buyer & Seller negotiate for a Seller to make repairs on a house & the Seller doesn’t do them prior to closing, may the Buyer terminate the contract & get their Earnest Money back? What do the Georgia Courts say? How do you event anything like this from happening? Watch the video to find out! Video: Seller Doesn’t Do Repairs – May Buyer Terminate & Get Money Back? https://youtu.be/epBMwWEy65o Article from GA Realtor Magazine Fall 2019: https://www.qgdigitalpublishing.com/p…}

Can a Seller terminate on Day of Closing if Buyer doesn’t close? Can a Seller terminate if Seller receives an email from the Lender that the Lender won’t give Buyer the loan? What are the time frames in a contract & how can the parties remember them? Watch the video to find out!

 

When a Buyer & Seller go binding on a Counteroffer form, does the Seller also sign the original offer? What if there is only a Binding Agreement Date written on the Counteroffer form? Watch the video to find out!

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