REALTOR® Foundation: Rhode Island has announced the recipients of the Foundation’s third-quarter grants. Five thousand dollars was disbursed, split evenly between Sojourner House, an organization committed to ending domestic and sexual abuse, and Amos House which provides social services to more than 15,000 people each year and manages Rhode
The Department of Business Regulation plans to amend its licensing regulations. Here is a summary of the amendments: Section 2.9 License Renewal Team: Staggers the license renewal process for new licensees. Anyone who is issued a new license on or after January 1, 2020 would renew two years later on the anniversary date of the issuance of his/her
The U.S. Department of Housing and Urban Development has released updated guidance on FHA-insured condominium financing. The new rules should benefit your real estate clients and customers by allowing more buyers to obtain low down-payment mortgages on affordable housing options. Specifically, the new rules will: • Extend FHA certifications on condo
• Do you have a fully signed binding contract executed? • Is the seller allowing the property to be shown during this time? • Is the seller accepting back up offers? Active Under Contract status should be used when a binding contract has been signed, subject to meeting certain contingency conditions while the property remains active with one