New Housing Law Protects Against Discrimination

A new law was put in place this past Friday (June 17th) at the U.S. House of Representatives. The Equality Act passed by a vote of 236-173; this act includes protections for LGBTQ people against discrimination in housing.

This law has been added on to current state anti-discrimination laws on a national level by providing an extra layer of support against discrimination throughout the U.S. Earlier this month, the Fair and Equal Housing Act of 2019 has also been trying to add gender identity and sexual orientation to the classes that are defended against discrimination.

Maine Senator, Angus King, explains: “No one should be denied access to affordable housing because of who they are. Safe and affordable housing is the basic building block for all Americans seeking to achieve economic, educational, and personal success.”

The U.S. Court of Appeals for the Seventh Circuit also recently ruled that landlords could be held liable for any acts of discrimination if they did not respond to harassment tenants might be facing.

Marketing Tips for Your Open House

Unless most of your customers are as honest as Sydney Fife in the movie, I Love You Man, it can be hard to know exactly how to market to your audience.

You have the perfect house to show – the location and aesthetics are picturesque and deserve an open house. How can you ensure your event will reach a fair amount of people in order to create a successful showing?

Pick the Right Day & Time

Obviously, the weekends see the highest attendance in open houses. Know your audience – do you want to attract younger couples, singles, or recent empty nesters? Then Saturdays are probably your better day.

This doesn’t mean that weekdays are off limits – just select the best time. Shoot for a schedule that attracts an after-work attendance. They might just decide to stop at your open house to avoid the daily commuter traffic going home. Having an open house in the evening also allows the buyer to see the house in a new light – literally.

Social Media

An effortless and creative way to advertise your open house will be through various social media outlets – especially Facebook and Instagram. Upload your post on Realtor Association pages and to your own personal account.

Include the day, time, and contact information. Don’t forget those pretty pictures of the house!

Signs

Place your open house signs as the busiest intersections – think about placing 15-20 directional signs pointing drivers and walkers to the property.

Make sure you place any signs, flyers, or postings about the event early in the week. This way people can plan accordingly and possibly even help spread the word to family or friends!

Be Bold

Remember, sometimes you’re going to need to go that extra mile to help sell. Think about going door-to-door around the neighborhood personally inviting them – or anyone they know looking at buying a home – to your open house.

Think about creating a “Thank You” video after the open house and posting it to your social media accounts. This keeps the momentum of your house going.

Understanding Property Tax Prorations for Washington

Through the process of a closing, your escrow officer will prorate property taxes to the date of the closing. The seller is responsible for the property taxes from January 1st to the closing date. The buyer is responsible for the taxes from the closing date through December 31st. If the buyer is including taxes in their mortgage payment, the lender may collect reserves to pay the taxes on the buyer’s behalf when they come due.

In the State of Washington, the property tax year is January 1st through December 31st. Property tax installments become due on April 30th and October 31st each year.

Here is an example of how taxes would be prorated for a closing date of March 15th:

Annual tax bill is $1,200 (January 1st through December 31st)

$1,200 divided by 365 days = $3.2877 per day

January 1st through March 15th = 74 days

74 x $3.2877 = $243.29, which is charged to the seller

As can be seen from the above example, the seller pays the property taxes for each day they own the home during the tax year. The buyer will then pay the property taxes for each day they own the home for the remainder of the tax year. Your escrow officer will make sure these tax prorations are properly calculated.

Upcoming Continuing Education Course – February 9th in Meridian, Idaho

An Overview of the Title and Escrow Process continuing education class, IREC course E0341, will be held February 9, 2017 from 9:00 am to 11:00 am at:

Alliance Title & Escrow Corp.
2965 E Tarpon Dr., Ste. 180
Meridian, ID 83642
208-846-8558

The course is free and 2 CE elective credit hours will be offered. Seating is limited. To register, click here or contact your local Alliance Title branch.

Upcoming Continuing Education Course – February 7th in Coeur d’Alene, Idaho

Title Explained: The Benefits of Understanding Title Insurance continuing education class, IREC course E0442, will be held February 7, 2017 from 9:00 am to 1:00 pm at:

Alliance Title & Escrow Corp.
2157 N Main St.
Coeur d’Alene, ID 83814
208-667-3402

The course fee is $20 and 4 CE elective credit hours will be offered. Lunch is included, but seating is limited. To register, click here or contact your local Alliance Title branch.

Upcoming Continuing Education Course – January 19th in Twin Falls, Idaho

An Overview of the Title and Escrow Process continuing education class, IREC course E0341, will be held January 19, 2017 from 8:30 am to 10:30 am at:

Alliance Title & Escrow Corp.
1411 Falls Ave. E, Ste. 1315
Twin Falls, ID 83301
208-733-8014

The course fee is $5 and 2 CE elective credit hours will be offered. Seating is limited. To register, click here or contact your local Alliance Title branch.

Upcoming Continuing Education Course – December 13th in Coeur d’Alene, Idaho

An Overview of the Title and Escrow Process continuing education class, IREC course E0341, will be held December 13, 2016 from 9:00 am to 11:00 am at:

Alliance Title & Escrow Corp.
2157 N Main St.
Coeur d’Alene, ID 83814
208-667-3402

The course fee is $10 and 2 CE elective credit hours will be offered. Seating is limited. To register, click here or contact your local Alliance Title branch.

Upcoming Continuing Education Course – December 8th in Meridian, Idaho

An Overview of the Title and Escrow Process continuing education class, IREC course E0341, will be held December 8, 2016 from 8:30 am to 10:30 am at:

Alliance Title & Escrow Corp.
2965 E Tarpon Dr., Ste. 180
Meridian, ID 83642
208-846-8558

The course is free and 2 CE elective credit hours will be offered. Seating is limited. To register, click here or contact your local Alliance Title branch.

Upcoming Continuing Education Course – November 17th in Meridian, Idaho

Title Explained: The Benefits of Understanding Title Insurance continuing education class, IREC course E0442, will be held November 17, 2016 from 8:30 am to 12:30 pm at:

Alliance Title & Escrow Corp.
2965 E Tarpon Dr., Ste. 180
Meridian, ID 83642
208-846-8558

The course is free and 4 CE elective credit hours will be offered. Seating is limited. To register, click here or contact your local Alliance Title branch.

Upcoming Continuing Education Course – November 16th in Meridian, Idaho

Understanding Conveyances, Ownership, Legal Descriptions & Recordings continuing education class, IREC course E0995, will be held November 16, 2016 from 8:30 am to 12:30 pm at:

Alliance Title & Escrow Corp.
2965 E Tarpon Dr., Ste. 180
Meridian, ID 83642
208-846-8558

The course is free and 4 CE elective credit hours will be offered. Seating is limited. To register, click here or contact your local Alliance Title branch.