All Blogs

Blog Category Filter:
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 ...

Read More

Comments (0)

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 ...

Read More

Comments (0)

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 ...

Read More

Comments (0)

Local issues

Falls Township Halts Residential U&O Inspections

Posted Tuesday, January 19, 2021 By Pete Kennedy

How about a bit of good news to start 2021? Falls Township, Bucks County, will no longer conduct residential resale inspections. Township supervisors approved an updated use & occupancy inspection ordinance at their Jan. 18 meeting. The ...

Read More

Comments (0)