non-refundable EMD? WTF?

[Captain Bill]

Originally Posted by azjack

I definitely have seen the re-list after "non-sale" thing a few times in 2008. It pales in comparison to the sort of DOM manipuation that I used to see starting in early 2006 when houses first began sitting unsold for months. Back then, I would estimate that a quarter of the listings I read had some sort of manipulation. I only read MLS listings for my own knowledge, so I generally limit myself to North Peoria and Surprise.

I do not recall the address of the most recent one, but if you feel that you would be more successful in reporting than me simply clicking on the report link, I would be glad to DM the next suspect listing that I see. Keep in mind, I peruse only a handful per week, so it may take some time.

Jack, I don't know if I would be any more successful than you, however, I would be happy to report any if you send me the mls number. I can do it with a click of the mouse and a brief description.

Barry, they have added a field for Special Listing Conditions that includes Lender owned, Auction, Relo/Corp Approval, among others. They recently added Short Sale Apprvl Required. Hopefully all agents will begin filling out that field properly.

Regarding not listing HOA fees, I think most of that is laziness on the part of the listing agent. Some may think it's too high and not fill out that field. Many never add the transfer fees, and I understand that they are now getting to enforce that more.

I know a lot of agents and brokers who report every violation they see, and I'm one of them.

[barryhussein]

And let's not forget pending litigation.

[Captain Bill]

Originally Posted by barryhussein

And let's not forget pending litigation.

Barry, below is a link to the ARS 33-1806 which states the information that is required to be disclosed by the HOA upon resale of a property.

Format Document

There is no field on the mls listing sheet for pending litigation. That is something that the HOA is required to disclose in their Disclosure report when they receive notice of the property being transferred.

Of 12 fields in that HOA section, the are only 4 required fields:

Is there an HOA
PAD fee
Land Lease Fee
Capital Improvement Fee