The National Association of Realtors adopted MLS Statement 8.0 otherwise know as the Clear Cooperation Policy. Which has since been adopted by the California Association of Realtor's and all major Multiple Listing Services including our own, MLS Listings Inc.
In addition to the previously unheard of phrase of Force Majure, Business Interruption Insurance is surely to become one of the most popular search phrases of 2020 due to the COVID-19 Pandemic.
Having had taken the brunt of the blame for the ’08-’09 real estate recession, lenders offering loans that did not meet GSE guidelines had begun to regain popularity in recent years. Then they vanished overnight. Leaving borrowers left holding the bag.
Last May, the Carmel Area Wastewater Management District joined the Cities of Monterey & Pacific Grove in requiring a sewer lateral inspection as part of the transfer of real property.
Circulated during the initial weeks of the COVID-19 outbreak. This letter touches on the reactions of the real estate market and answers the worried questions directed our way.
AJH Properties
PO BOX 7008
Carmel, CA 93921
D: +1 831-392-6411
