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The mistruth printed nearly every day in the newspaper

Posted Tuesday, February 22, 2022 By Pete Kennedy

Each week, Suburban Realtors Alliance staff reviews local and regional newspapers for public notices about proposed ordinances that would affect the sale of real estate — new inspection requirements, sign regulations, tax changes, etc. And ...

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SRA

How do U&O inspections work in an 'as-is' sale?

Posted Wednesday, February 9, 2022 By Pete Kennedy

When a property is being sold in a municipality that requires a use and occupancy (U&O) inspection, it’s typically up to the seller to go through the process of ensuring the property is up to code and obtain the resale ...

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Local issues

What is an accurate property assessment?

Posted Wednesday, July 21, 2021 By Pete Kennedy

Ideally, homes are assessed at 100% of their market values. That’s what happens immediately after a countywide reassessment. But assessment values become inaccurate over time as the real estate market changes. To keep new assessments in line ...

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State Issues

Webinar: What Realtors should know about Act 133

Posted Thursday, July 1, 2021 By Pete Kennedy

Update: Watch a recording of the webinar below: Jump to a section:0:00 Introduction3:18 What is Act 133? 5:18 Why did the old law (MCOCA) need to be amended in 2016? 6:58 Did the revisions in Act 133 'do the trick'? Are there still issues with ...

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Local issues

U&Os are no substitute for private inspections

Posted Tuesday, June 15, 2021 By Pete Kennedy

We recently heard from a member who had helped her clients close on a home, only to discover a significant electrical issue after settlement. They were surprised by the electrical problem, because the township had performed a use and occupancy ...

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