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19 March 2020 | 2 replies
Such eventsare often addressed by a “Force Majeure Clause” allowing a party to suspend or terminate performance when circumstanceswhich the parties could not have anticipated, or which are beyond their control make performance of the contract impossibleor impracticable.The current world-wide Coronavirus (COVID-19) pandemic has had unprecedented impacts on real estate transactions,including, but not limited to, travel restrictions, self-imposed and governmentally required isolations, and closures of bothgovernmental and private offices required to fund, close and record real estate transactions.Accordingly, in the event complying with the Close Of Escrow is not possible or practical as a result of unforeseen circumstancesrelated to the COVID-19, such as Buyer’s or Seller’s inability to travel to sign documents, closings of or delays in relatedgovernment and business services, including for example delays by or closing of lenders, title/escrow, county assessor/recorder, or otherwise (hereinafter “Unforeseen Circumstances”) the Parties Agree as follows.
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6 October 2020 | 78 replies
@Jack B.Hi Jack,Unfortunately the SBA announced yesterday that the advance grant portion of the EIDL is out of funds.
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7 April 2020 | 27 replies
Many/most of these lenders, unfortunately, will be wiped out -- especially since asset values will likely fall.
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20 September 2021 | 975 replies
I'm so sorry to hear about your circumstance.
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21 March 2020 | 3 replies
Hello, I hope everyone is navigating this unfortunate coronavirus madness!
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27 March 2020 | 23 replies
Our MLS also just released a specialized addendum adding flexible closing dates should it be required due to circumstances outside of anyones control (i.e. shutting down recording offices, etc. because of the virus).
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22 March 2020 | 12 replies
Remember that it is not the circumstances that are the problem it's the way we thing about them :)
8 April 2020 | 8 replies
Figures that would come out of our congress that says they're there to help, but only in very specific circumstances and if you allow them to track and run your business for years to come.
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16 April 2020 | 72 replies
Apparently bail outs are the new norm which is unfortunate.