{"id":5997,"date":"2017-08-28T00:00:00","date_gmt":"2017-08-28T00:00:00","guid":{"rendered":"https:\/\/amazingproperty.com.ng\/blog\/realtors-promise-to-send-help-to-texas\/"},"modified":"2017-08-28T00:00:00","modified_gmt":"2017-08-28T00:00:00","slug":"realtors-promise-to-send-help-to-texas","status":"publish","type":"post","link":"https:\/\/amazingproperty.com.ng\/blog\/realtors-promise-to-send-help-to-texas\/","title":{"rendered":"REALTORS\u00ae Promise to Send Help to Texas"},"content":{"rendered":"<p>\n<\/p>\n<div readability=\"48.536273940801\">\n<!--\n\n<pre>-->  \n  <div property=\"dc:description\" readability=\"44.211259431225\"><!--paging_filter--><table align=\"left\" border=\"0\" cellpadding=\"5\" cellspacing=\"5\" style=\"width: 400px;\"><tbody readability=\"1\"><tr><td><img data-recalc-dims=\"1\" decoding=\"async\" alt=\"\" src=\"https:\/\/i0.wp.com\/realtormag.realtor.org\/sites\/realtormag.realtor.org\/files\/rmo_files\/images\/2017_may\/HurricaneHarvey4.jpg\" style=\"width: 400px; height: 266px;\"\/><\/td>\n\t\t<\/tr><tr readability=\"2\"><td><em>A Texas National Guardsman carries a Houston resident from her flooded home. (Getty Images)<\/em><\/td>\n\t\t<\/tr><\/tbody><\/table><p>As the rains slowly subside in Texas and the full scale of Hurricane Harvey\u2019s destruction comes into focus, the National Association of REALTORS\u00ae is calling on members nationwide to donate <a href=\"https:\/\/amazingproperty.com.ng\/blog\/get-quick-loan-for-real-estate-investment\/\">funds<\/a> to the REALTOR\u00ae Relief Foundation to support storm victims. The RRF, whose goal is to help families who have endured catastrophic loss, will use the money for <a href=\"https:\/\/amazingproperty.com.ng\/blog\/mortgage-preapproval-guide-for-home-buyers\/\">mortgage<\/a> and rental assistance. Since its launch in 2001, the RRF has raised more than $25 million to provide housing-related aid to victims of disasters around the country, such as wildfires, floods, tornadoes, and hurricanes.<\/p>\n\n<p>Meteorologists have warned that the magnitude of property damage from Harvey\u2019s wrath could surpass that of Hurricane Katrina in 2005,\u00a0though Harvey did not cause a similar death toll. Harvey came ashore as a Category 4 hurricane last Friday and hovered for days as a tropical storm, dumping up to 50 inches of rain in parts of Texas. Houston is one of the hardest-hit areas, submerged in more than two feet of water.<\/p>\n\n<p>\u201cThis may require our REALTOR\u00ae family\u2019s largest effort since Hurricane Katrina\u2014or even 9\/11,\u201d RRF President Martin Edwards wrote in an internal memo to NAR directors and staff. \u201cHopefully, REALTORS\u00ae across America will heed the call to donate without precedent, as the on-the-ground membership in Texas will be stretched beyond belief.\u201d<\/p>\n\n<p>NAR President William E. Brown said in a statement that the storm provides an opportunity for all 1.2 million REALTORS\u00ae to focus their <a href=\"https:\/\/amazingproperty.com.ng\/blog\/the-benefits-of-solar-roofing-for-your-home\/\">energy<\/a> on supporting each other and their colleagues in Texas, including donating to RRF. \u201cThere will be many families in the greater Houston area who need our help,\u201d Brown said. \u201cIt will take time to know the full impact of Hurricane Harvey, but we know the devastation will be widespread and that our support will be necessary.\u201d<\/p>\n\n<p>NAR also has released guidance for <a href=\"https:\/\/amazingproperty.com.ng\/blog\/property-center-nigeria\/\">real estate<\/a> professionals whose transactions were interrupted by the storm. If a natural disaster hamstrings your client\u2019s deal, here are some steps to take:<\/p>\n\n<ul><li><strong>Communicate clearly.<\/strong> Advise your clients as soon as possible about what is known and what is not known.<\/li>\n\t<li><strong>Review the purchase agreement.<\/strong> Most have provisions addressing damages that occur to the property prior to closing and whether such damage occurs \u201cin the ordinary course\u201d or due to dramatic events. Contracts also ordinarily contain provisions addressing what happens when one or both parties cannot perform their duties for reasons beyond their control. Typically the provision holds that such nonperformance is not a default.<\/li>\n\t<li><strong>Check your state\u2019s laws.<\/strong> Apart from contractual provisions regarding loss or damage to property, state law may dictate which party\u2014seller or buyer\u2014bears the risk of loss during the pendency of a transaction.<\/li>\n\t<li><strong>Advise your client to file a homeowners <a class=\"wpil_keyword_link\" href=\"https:\/\/amazingproperty.com.ng\/blog\/what-us-insurance-companies-offer-the-best-workers-compensation-insurance\"   title=\"insurance\" data-wpil-keyword-link=\"linked\">insurance<\/a> claim.<\/strong> At the very least, your client should notify the insurance carrier of the claim as soon as possible. Tell your client to document all damages in writing, photos, and video, and to keep records of everything he or she spends on repairs and replacements.<\/li>\n\t<li><strong>Talk to <a href=\"https:\/\/amazingproperty.com.ng\/blog\/construction-loans-for-commercial-and-residential-builders\/\">lenders<\/a>.<\/strong> Buyers should check with their lenders to determine how they will handle reinspections or reappraisals that may be required. Make sure your client asks lenders about additional costs or closing time frames caused by the disaster.<\/li>\n<\/ul><p><em>\u2014REALTOR\u00ae Magazine<\/em><\/p>\n<\/div>\n  \n    \n<\/pre>\n\n<\/div>\n\n\n\n\n<a hre=\"http:\/\/feedproxy.google.com\/~r\/DailyRealEstateNews\/~3\/hRt3NXS6iMg\/realtors-promise-send-help-texas\"> Realtors.org <\/a>\n<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A Texas National Guardsman carries a Houston resident from her flooded home. (Getty Images) As the &hellip; <a title=\"REALTORS\u00ae Promise to Send Help to Texas\" class=\"hm-read-more\" href=\"https:\/\/amazingproperty.com.ng\/blog\/realtors-promise-to-send-help-to-texas\/\"><span class=\"screen-reader-text\">REALTORS\u00ae Promise to Send Help to Texas<\/span>Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":5998,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"jetpack_seo_schema_type":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[4],"tags":[4751,518,1403,15239,1231,12908,543,627,344,698,408,1287,1007,41,818,84,479,693,678,15282,61],"class_list":["post-5997","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-opportunities-in-new-markets","tag-amazing","tag-america","tag-buy","tag-chase","tag-foundation","tag-home","tag-home-buying-guide","tag-homeowners","tag-housing","tag-insurance","tag-mortgage","tag-natural-disaster","tag-owners","tag-property","tag-real","tag-real-estate","tag-realtor","tag-realtors","tag-rental","tag-ross","tag-seller"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/08\/HurricaneHarvey4.jpg?fit=400%2C266&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":6038,"url":"https:\/\/amazingproperty.com.ng\/blog\/the-realtors-among-harveys-heroes\/","url_meta":{"origin":5997,"position":0},"title":"The REALTORS\u00ae Among Harvey\u2019s Heroes","author":"Amazing Property","date":"August 31, 2017","format":false,"excerpt":"Real estate professionals across the country are rushing to help victims of Hurricane Harvey pick up the pieces after devastating floods struck the Texas coastline this week, submerging Houston and other areas in more than 50 inches of water. These practitioners are making temporary housing arrangements for displaced families, offering\u2026","rel":"","context":"In &quot;Opportunities In New Markets&quot;","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"aug17_DN_hurricaneH.jpg","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/09\/aug17_DN_hurricaneH.jpg?fit=830%2C390&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/09\/aug17_DN_hurricaneH.jpg?fit=830%2C390&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/09\/aug17_DN_hurricaneH.jpg?fit=830%2C390&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/09\/aug17_DN_hurricaneH.jpg?fit=830%2C390&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":6147,"url":"https:\/\/amazingproperty.com.ng\/blog\/florida-realtors-brace-for-irmas-wrath\/","url_meta":{"origin":5997,"position":1},"title":"Florida REALTORS\u00ae Brace for Irma\u2019s Wrath","author":"Amazing Property","date":"September 8, 2017","format":false,"excerpt":"Mass evacuations have been ordered throughout the state of Florida as Hurricane Irma barrels toward Miami as a Category 4 storm. The Florida REALTORS\u00ae association is warning its members to brace for full impact from Hurricane Irma as the storm tears through the Caribbean and heads straight for the state.\u2026","rel":"","context":"In &quot;Opportunities In New Markets&quot;","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":6403,"url":"https:\/\/amazingproperty.com.ng\/blog\/worse-than-anything-youve-seen-on-tv\/","url_meta":{"origin":5997,"position":2},"title":"\u2018Worse Than Anything You\u2019ve Seen on TV\u2019","author":"Amazing Property","date":"September 26, 2017","format":false,"excerpt":"\u201cIt\u2019s literally like the whole island was bombed.\u201d \u2014Puerto Rico Association of REALTORS\u00ae Executive Director Marcos Vilar on the widespread devastation left behind by Hurricane Maria. (Photo credit: Kris Grogan\/U.S. Customs and Border Protection\/Wikimedia) The real estate community in Puerto Rico is working frantically to help deliver emergency supplies to\u2026","rel":"","context":"In &quot;Opportunities In New Markets&quot;","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"HurricaneMaria2.jpg","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/09\/HurricaneMaria2.jpg?fit=400%2C266&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":7032,"url":"https:\/\/amazingproperty.com.ng\/blog\/remembering-2009-nar-president-charles-mcmillan-1951-2017\/","url_meta":{"origin":5997,"position":3},"title":"Remembering 2009 NAR President Charles McMillan, 1951-2017","author":"Amazing Property","date":"November 9, 2017","format":false,"excerpt":"Charles McMillan in 2008. Charles McMillan, CIPS, the 2009 president of the National Association of REALTORS\u00ae, whose consensus-building spirit and get-it-done style helped steer NAR\u00a0through the depths of the worst economic downturn since the Great Depression, died Wednesday in Ft. Worth, Texas, after complications from congestive heart failure. He was\u2026","rel":"","context":"In &quot;Opportunities In New Markets&quot;","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"C Mcmillan.jpg","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/11\/C_McMillan.jpg?fit=600%2C419&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/11\/C_McMillan.jpg?fit=600%2C419&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/11\/C_McMillan.jpg?fit=600%2C419&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":8063,"url":"https:\/\/amazingproperty.com.ng\/blog\/renters-are-getting-frustrated\/","url_meta":{"origin":5997,"position":4},"title":"Renters Are Getting Frustrated","author":"Amazing Property","date":"February 7, 2018","format":false,"excerpt":"The majority of renters say they want to own a home in the future and believe that homeownership is a critical piece of the American dream. But making the leap into homeownership is facing bigger hurdles as the market sees higher home prices and a shortage of homes for sale,\u2026","rel":"","context":"In &quot;Opportunities In New Markets&quot;","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"Nar2018aspiringhomebuyers.png","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2018\/02\/NAR2018AspiringHomeBuyers.png?fit=447%2C1200&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":690,"url":"https:\/\/amazingproperty.com.ng\/blog\/lawmakers-need-realtors-on-tax-reform\/","url_meta":{"origin":5997,"position":5},"title":"Lawmakers Need REALTORS\u00ae on Tax Reform","author":"Amazing Property","date":"February 9, 2017","format":false,"excerpt":"[ad_1] The chairman of the tax-writing House Ways & Means\u00a0Committee\u00a0joined\u00a0REALTORS\u00ae\u00a0at NAR\u2019s 2017 Federal\u00a0Policy Conference\u00a0in Washington\u00a0yesterday and\u00a0urged\u00a0them\u00a0to stay engaged\u00a0over the next year\u00a0while lawmakers in Congress look at a full-scale reform of the country\u2019s tax code. NAR President William Brown greets Rep. Kevin Brady (R-Texas), chair of the tax-writing House Ways &\u2026","rel":"","context":"In &quot;Opportunities In New Markets&quot;","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/02\/2_9_brown_brady.png?fit=1200%2C805&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/02\/2_9_brown_brady.png?fit=1200%2C805&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/02\/2_9_brown_brady.png?fit=1200%2C805&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/02\/2_9_brown_brady.png?fit=1200%2C805&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/02\/2_9_brown_brady.png?fit=1200%2C805&ssl=1&resize=1050%2C600 3x"},"classes":[]}],"_links":{"self":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/posts\/5997","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/comments?post=5997"}],"version-history":[{"count":1,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/posts\/5997\/revisions"}],"predecessor-version":[{"id":89958,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/posts\/5997\/revisions\/89958"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/media\/5998"}],"wp:attachment":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/media?parent=5997"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/categories?post=5997"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/tags?post=5997"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}