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Archive for December, 2018

2019 GAR Contract – More Info / Clarification on Changes to Loan & Cash Exhibits

2019 Georgia Association of Realtors (GAR) Contract Form Changes – this video presents MORE information / clarification on the changes to the 2019 GAR Loan Contingency & All Cash Exhibits. Please watch the Previous Video covering ALL the changes to the 2019 GAR Financing Exhibits: https://youtu.be/GyKNtjBh9dY

This video is part of a series covering the changes to the 2019 GAR Contract Forms. Please watch previous videos:

* 2019 GAR Contract Changes – Overview: https://youtu.be/OQPdxdHHAAE

* 2019 GAR Contract – Changes to the Brokerage Agreements: https://youtu.be/MI2nfskaX90

* 2019 GAR Contract – Changes to Purchase & Sale Agreement & Counter Offer Form: https://youtu.be/OL8DKstiZ6Q

* 2019 GAR Contract – Changes to the Financing Contingency & Cash Exhibits: https://youtu.be/GyKNtjBh9dY

These forms will be available to real estate agents in Georgia 1/1/19. Register for a 3 Hr CE class on the 2019 GAR Contracts: http://www.registerforREclasses.com

2019 GAR Contract – Changes to Financing Contingency & All Cash Exhibits

2019 Georgia Association of Realtors (GAR) Contract Form Changes – this video presents the changes to the 2019 GAR Loan Contingency & All Cash Exhibits.

This video is part of a series covering the changes to the 2019 GAR Contract Forms. Please watch previous videos:

* 2019 GAR Contract Changes – Overview: https://youtu.be/OQPdxdHHAAE

* 2019 GAR Contract – Changes to the Brokerage Agreements: https://youtu.be/MI2nfskaX90

* 2019 GAR Contract – Changes to Purchase & Sale Agreement & Counter Offer Form: https://youtu.be/OL8DKstiZ6Q

These forms will be available to real estate agents in Georgia 1/1/19. Next Video: More Info / Clarification to Changes to Loan Contingency Exhibits: https://youtu.be/4CogLJJOLVc Register for a 3 Hr CE class on the 2019 GAR Contracts: http://www.registerforREclasses.com

2019 GAR Contract – Changes to the Purchase & Sale Agreement & Counter Offer

 

2019 Georgia Association of Realtors (GAR) Contract Form Changes – this video presents the changes to the 2019 GAR Purchase & Sale Agreement & Counter Offer Form. CORRECTION at 3:03 – “BUYER” shall select Closing Attorney (not “Seller.”)

This video is part of a series covering the changes to the 2019 GAR Contract Forms. Please watch previous videos:

* 2019 GAR Contract Changes – Overview: https://youtu.be/OQPdxdHHAAE

* 2019 GAR Contract – Changes to the Brokerage Agreements: https://youtu.be/MI2nfskaX90

These forms will be available to real estate agents in Georgia 1/1/19. Next Video: Changes to Loan Contingency Exhibits. Register for a 3 Hr CE class on the 2019 GAR Contracts: http://www.registerforREclasses.com

2019 GAR Contracts – Changes to Brokerage Agreements

2019 Georgia Association of Realtors (GAR) Contract Form Changes – this video presents an overview of the changes to the 2019 GAR Brokerage Agreements. This video is part of a series covering the changes to the 2019 GAR Contract Forms.

Please watch previous video: 2019 GAR Contract – Overview: https://youtu.be/OQPdxdHHAAE

These forms will be available to real estate agents in Georgia 1/1/19. Next Video: Changes to Brokerage Agreements. Register for a 3 Hr CE class on the 2019 GAR Contracts: http://www.registerforREclasses.com

2019 GAR Contract Forms – Overview

 

2019 Georgia Association of Realtors (GAR) Contract Form Changes – this video presents an overview of the changes to the 2019 GAR contract forms. This video is the first in a series covering these changes.

Please watch next video: 2019 GAR Contract – Changes to the Brokerage Agreements: https://youtu.be/MI2nfskaX90

These forms will be available to real estate agents in Georgia 1/1/19. Next Video: Changes to Brokerage Agreements. Register for a 3 Hr CE class on the 2019 GAR Contracts: http://www.registerforREclasses.com

Sale or Lease Contingency Time Frame

 

All about negotiating a time frame for this contingency. For More information, please watch:

Part 1: Sale or Lease Contingency Exhibit – Buyer’s Perspective – https://youtu.be/

Part 2: Sale or Lease Contingency Exhibit – Seller’s Perspective – https://youtu.be/YbLaGcNSMpk

Down Payment Assistance Funds (or Gift Letter) & the Contract

 

Do you have to disclose that a Buyer is getting Down Payment assistance? If a Buyer is getting Down Payment Assistance funds – how do you protect that Buyer in a Real Estate Contract – it’s NOT automatic & it’s NOT included in any Financing Contingency! So what do you do? It is not required to disclose that a Buyer is getting a down payment from a program, BUT the Buyer is NOT protected contractually if the Buyer does not receive those funds so that’s where the contract contingency for this issue becomes important!

“This Agreement is contingent upon the Buyer’s approval for the receipt of down payment from _________ program within ______ days from Binding Agreement Date. Should Buyer not be approved for the DPA program within this time frame, Buyer may terminate without penalty if Buyer notifies Seller in writing and provides the DPA denial letter.”

Amee Davis, Davis & Associates, Attorneys at Law, LLC http://www.davislawga.com 770-426-5440

Why You MUST Name an Alternate Holder to Closing Attorney as Holder of EM

What happens contractually if you don’t name one of the Real Estate Brokers as the Alternate Holder of Earnest Money on GAR F84 (A)… watch the video to find out! Also Watch: 2018 GAR Contract: Forms Required for Attorney to Hold Earnest Money – https://youtu.be/uWmfF8zVaPU

 

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