I have a new rental and received a tenant application, whereby the tenant puts workers comp settlement to qualify for the income requirement.

If I were in your shoes I would request a preliminary settlement statement showing all actual lender fees. 

HI Jeet, Thank you for providing a simple and clear explanation on this whole NAR settlement.

The recent $418 million settlement involving the National Association of Realtors has introduced another layer of complexity underscoring the urgency for proactive recruitment approaches in a market characterized by uncertainties.Sales managers are often stretched thin managing responsibilities like coaching and finalizing contracts leaving room for sourcing high caliber agents..

The recipient of the property – the buyer, transferee, purchasers’ agents, and settlement officers are tasked with holding back 15% of the purchase price, rather than paying it directly to the foreigner investor.

The ones who think something big has changed, clearly havnt read the actual settlement or Department of Justice Statement of Interest in the MLS PIN case.

However, this can be seen as overkill by most and you will likely fudge the handling of each paperwork/banks/entity essentially bricking your entities - that said it will help in settlement if sued.

Or perhaps they are found to be 50% responsible, then their carrier will contribute 50% towards plaintiff's award/settlement.

Some locations landlords typically pay, some locations the tenants pay.I don't expect that a settlement to stop advertising commissions in the MLS will have an impact on leases, or sales for that matter.

Account Closed Given the seller is willing to finance 70% of the purchase price of $1.8M ($1.26M) that means you need to come up with $540,000 + settlement costs, reserves and a budgetary number for repairs unless the property does not require any improvements or upgrades.