Sunshine Club

Maryann Shaddow, Mutual 14 resident and Realtor with On-Site Home Sales, will speak at the Sunshine Club’s meeting on Friday, May 17, at 10 a.m. in Clubhouse 3, Room 2.

Shaddow will touch on the recent National Association of Realtors settlement that will see changes in the way brokers, sellers and buyers negotiate their commissions. Commission will no longer be allowed to be posted on the Multiple Listing Service as it is now. The other big change that is coming mid-July is that buyers will have to sign a buyer agreement with a Realtor before touring any properties.

Leisure World also has changes in the way it provides new buyers with HOA documents. Leisure World uses Home Wise Company to give buyers the documents that the seller is responsible for providing them.

Shaddow will also explain how to protect units from going to probate. She will also go over what children or heirs need to know before residents pass so that they can have a better understanding of what will be expected of them. Mutuals maintain ownership of the buildings and they have to make sure the home is secure until the rightful heir has presented the proper legal documents to secure access to the unit.

Unfortunately, when residents die it is a very emotional time for children. Selling in Leisure World is very different than selling a home on the outside. Make sure to have all the information that is needed to provide a smooth transition.

Shaddow will also touch on the housing market and how it has been doing in Leisure World.

All residents are welcome to join this meeting. The Sunshine Club requires no membership fees, but donations are welcome. Refreshments will be served.

For more information, contact Anna Derby at 562301-5339.

Maryann Shaddow