Easily Replace Advanced Field to the Home Seller Form

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How to Replace Advanced Field to the Home Seller Form

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[Music] hello everyone thank you for coming to this weeks video blog here at California Realty training my name Robert Rico glad you made it today because today we have some great stuff for you again listen todays topic is I believe its a fantastic one todays topic is how to change from one brokerage to another in other words youre working for one brokerage a and you want to go work for a brokerage B you want to you want to break your ties with brokerage a how do you do it is as simple as a complicating ready this is the deal but before we get started with that let me let me give you a quote that I found that I think its fantastic this quote says this and this by a good man toy Robbins Im sure you know that Tony Robbins and he says dont be afraid of what can go wrong be excited of what can go right so where does it start well this is how it starts number one changing changing changing is it happens all the time its inevitable it happens real quick story Babe Ruth you know Babe

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What is the SPRP form?

You put your home on the market, and then when you receive an offer, you counter them with a form called SPRP. This stands for Sellers Purchase of Replacement Property. This gives you the option to cancel the transaction if you arent able to locate and close escrow on the home of your choice.

Who prepares and delivers the transfer disclosure statement?

The seller and any broker(s)/agent(s) involved are to participate in the disclosures. If more than one broker/agent is involved, the broker/agent obtaining the offer is to deliver the disclosures to the prospective buyer unless the seller instructs otherwise.

Is a required in California?

If the buyer and seller execute a California Instructions (the C.A.R. official version of a purchase and sale agreement), the seller is contractually obligated to complete a (SPQ) in addition to the TDS.

What is the seller CD?

The purpose of the Sellers Closing Disclosure is to show the purchase price and itemize expenses. The Sellers Closing Disclosure shows the purchase price and then a line item breakdown of every cost paid by the seller in two columns of whether it was paid before or at closing. Interactive Sellers Closing Disclosure.

What are the two main categories of disclosure in real estate?

Most Common Disclosures in Real Estate Natural Hazards Disclosure. First on the list is the natural hazards disclosure. Market Conditions Advisory (MCA) Market Conditions Advisory, also known as MCA, covers items more financial in nature. State Transfer Disclosure. Local Transfer Disclosure. Megans Law Disclosures.

What is the Michigan disclosure form?

A Michigan property disclosure statement is a form through which sellers must report the condition of their residential real estate to potential buyers. The items specified may include pending legal cases, unpaid fees, property defects, or damage from flooding or fires.

What does the Civil Code 2079 not require in California?

California Civil Code 2079 only establishes the selling brokers duty to inspect and disclose- the code does not apply to buyers broker.

Which disclosure form is provided to sellers first?

When you make an offer on a home, one of the first pieces of paperwork youll get is a sellers property disclosure. Also known as a property disclosure statement, home disclosure and real estate disclosure form, this document contains a list of known problems with the home.

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