{"id":22866,"date":"2023-10-30T15:01:29","date_gmt":"2023-10-30T15:01:29","guid":{"rendered":"https:\/\/www.anthonydidonato.net\/wordpress\/?p=22866"},"modified":"2023-10-30T15:01:29","modified_gmt":"2023-10-30T15:01:29","slug":"3-things-to-remember-about","status":"publish","type":"post","link":"https:\/\/www.anthonydidonato.net\/wordpress\/3-things-to-remember-about\/","title":{"rendered":"3 Things to Remember About&#8230;"},"content":{"rendered":"\n<p>Things to know about sale-leasebacks, using recording devices, and conducting criminal background checks.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Sale-leasebacks<\/h2>\n\n\n\n<p>When home sellers need to retain possession of the home for a few days\u2014 or longer\u2014after the closing:<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>Put it in writing.<\/strong> Buyers shouldn\u2019t let sellers retain possession of a home for any amount of time without an agreement in place that lays out all the conditions.<\/li>\n\n\n\n<li><strong>Check insurance coverage.<\/strong> Generally, as the new homeowner, buyers are responsible for any damage after closing, but sellers aren\u2019t off the hook and should convert their homeowners policy into a rental policy for the duration of their post-closing possession.<\/li>\n\n\n\n<li><strong>Get the lender\u2019s approval.<\/strong> Many lenders won\u2019t accept leaseback agreements that are longer than 60 days, at which point the home could be classified as an investment property.<\/li>\n<\/ol>\n\n\n\n<p><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Use of Recording Devices<\/h2>\n\n\n\n<p>If your sellers use audio or video recording in the course of a home sale:<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>Know your state\u2019s law.<\/strong> Most allow video surveillance without consent, but hidden cameras may require notice; some states require the consent of all parties for audio recording.<\/li>\n\n\n\n<li><strong>Address it in the listing agreement.<\/strong> Require sellers to disclose any devices, warn them of the legal risks of using surveillance devices, and require indemnification for any unlawful surveillance.<\/li>\n\n\n\n<li><strong>Disclose it in the listing.<\/strong> Note in the MLS any known property surveillance<\/li>\n<\/ol>\n\n\n\n<p><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Use of Criminal Background Checks<\/h2>\n\n\n\n<p>If you do criminal background checks on prospective tenants:<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>Know your liability risk.<\/strong> Housing providers risk liability if their policies predictably would result in negative impact on groups protected under federal fair housing law.<\/li>\n\n\n\n<li><strong>Have a written criminal history policy.<\/strong> Apply it consistently, don\u2019t ask about or consider arrests without convictions, and avoid blanket bans on applicants with a criminal conviction.<\/li>\n\n\n\n<li><strong>Document housing decisions.<\/strong> If you reject an applicant and your decision is called into question, you should have a record showing why the decision is consistent with your policy.<\/li>\n<\/ol>\n\n\n\n<p><\/p>\n\n\n\n<p>\u00a9National Association of REALTORS\u00ae<br \/>Reprinted with permission<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Things to know about sale-leasebacks, using recording devices, and conducting criminal background checks. Sale-leasebacks When home sellers need to retain possession of the home for a few days\u2014 or longer\u2014after the closing: Use of Recording Devices If your sellers use audio or video recording in the course of a home sale: Use of Criminal Background &hellip; <\/p>\n<p><a class=\"more-link btn\" href=\"https:\/\/www.anthonydidonato.net\/wordpress\/3-things-to-remember-about\/\">Continue reading<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16,8],"tags":[5,32,4,9],"class_list":["post-22866","post","type-post","status-publish","format-standard","hentry","category-news","category-real-estate-tips","tag-anthony-didonato","tag-news","tag-real-estate","tag-tips","item-wrap"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>3 Things to Remember About... - Real Estate Agent and Sales in PA - Anthony DiDonato Broomall, Media, Delaware County and surrounding areas in Pennsylvania<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.anthonydidonato.net\/wordpress\/3-things-to-remember-about\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/3-things-to-remember-about\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/3-things-to-remember-about\\\/\"},\"author\":{\"name\":\"admin\",\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#\\\/schema\\\/person\\\/964792b6994e8cc4cbddc36ad4824908\"},\"headline\":\"3 Things to Remember About&#8230;\",\"datePublished\":\"2023-10-30T15:01:29+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/3-things-to-remember-about\\\/\"},\"wordCount\":328,\"publisher\":{\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#\\\/schema\\\/person\\\/964792b6994e8cc4cbddc36ad4824908\"},\"keywords\":[\"Anthony DiDonato\",\"News\",\"Real Estate\",\"tips\"],\"articleSection\":[\"News\",\"Real Estate Tips\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/3-things-to-remember-about\\\/\",\"url\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/3-things-to-remember-about\\\/\",\"name\":\"3 Things to Remember About... - 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Skilled, smart and enthusiastic about his work and his life, Anthony DiDonato has the appealing combination of business sense and people skills gives him an edge in an industry that demands both. Educated at Drexel University with a dual major in accounting and finance and minors in management and psychology Anthony DiDonato offers over 25 years of experience in the real estate industry. He has been a real estate investor since 1985 and a member of H.A.P.C.O. (Landlord Association). He became a licensed Realtor in 1992 and a member of the Local, Pennsylvania and National Associations of Realtors. Anthony DiDonato is also a member of the Computerized Multiple Listings, (MLS) and Internet Marketing Programs. In 1997 Anthony DiDonato became Century 21 All-Elite, Inc. Corporate Secretary. Anthony DiDonato believes in taking his profession to the highest level of quality service. He is known for finding that \u201cperfect\u201d property in Philadelphia, Delaware County, Chester County, Montgomery County and surrounding areas in Pennsylvania for his buyers and helping his sellers prepare their properties so they sell quickly and efficiently. When it comes time to negotiate the terms of a contract, Anthony DiDonato has the knowledge, experience, and professionalism applied to meeting \u2013 or exceeding \u2013 his clients\u2019 expectations. His service to his clients is second to none. His honesty and integrity have been his claim to fame. 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