Lauren Bunting Broker MD & DE

No in-person meetings due to virus hard for real estate

Thursday, April 02, 2020, Lauren Bunting

With updates and announcements daily, as well as much of our country under stay-at-home orders to help slow the spread of the virus, the real estate industry is challenged to stay engaged with clients and meet critical deadlines without in-person meetings.

Here are some updates that occurred this past week that affect real estate and homeowners:

  • This week, Gov. Larry Hogan, issued an executive order authorizing remote notarizations. Twenty-three states have remote online notarization policies, which permit a notary and signer in different physical locations to execute electronic documents.
  • Fannie Mae and Freddie Mac unveiled a new “payment deferral” option that will allow borrowers facing a hardship to defer two months of their mortgage payments until the end of their mortgage.
  • The program was set to be announced later this year, but with the coronavirus wreaking havoc on the country, the program was rolled out early to give mortgage servicers another way to help borrowers now. To be eligible for the payment deferral program, borrowers must have faced a short-term hardship that caused them to miss one to two months of mortgage payments.

  • A new COVID-19 Delay Addendum was released by the Maryland Realtors Association. The addendum provides an acknowledgment that COVID-19 is impacting real estate transactions and provides for an advance agreement to extension of timeframes and right to terminate related to the following: the declaration of a local, state, or national emergency; buyer’s or seller’s inability to travel to sign documents; buyer or seller being subject to any voluntary or mandatory quarantine; closings of or delays in related government and business services such as mortgage lenders, title companies, land records, or other entities involved in the transaction.
  • Lauren Bunting is a Broker with Keller Williams Realty of Delmarva in Ocean City, Maryland.

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    Thank you so much for all of your hard work. We are so excited to move into the perfect house for us, and couldn't have done it without your guidance.

    Megan and Brandon Cater

    My friend was right, you are the hardest working realtor, bar none. I honestly don't think that I would have gotten through this house selling process without you.

    Brenda Burbage

    Lauren made first time homebuying extremely approachable, and took the time to educate me on everything involved in the process.

    Amanda Hanke and Keri Swigert

    Thank you for all of your hard work and dedication that made this purchase possible. You advocate for your clients and I highly regard you for it. You made it possible for me and my family to achieve our goal of homeownership.

    Tom Harutyunyan

    Thank you so much for the very wonderful, professional job you did with selling our property. You will always be special to me.

    Penny Carley

    We want to say a sincere "Thank You" for all you've done for us! We know at times the road seemed never ending. Thank you for always staying positive even through our ups and downs of this process. We appreciate all you do!

    Mike and Patty Locke

    Lauren's extensive knowledge of the local real estate market proved to be invaluable during the purchase of our first home.

    Allison Shockley and Patrick Molloy

    Lauren is very easy to work with. She has helped me sell and buy homes in the area and has always been hard working and professional.

    Jennifer K. Leggour

    Lauren went through tremendous lengths to look out for us every step of the way all the way to the very end. If you are in need of a real estate agent who will treat your transaction as if it were their own and provide you with nothing less than A+ service you will be in good hands with Lauren.

    Shireen and Mark Ambush

    We were referred to Lauren by a good friend, and we couldn’t have been placed in better hands. Lauren went above and beyond in every way, throughout the entire process.

    Liz Young

    Lauren Bunting was our realtor when we recently sold two homes- one in Maryland and the other one in Delaware. To say we were very satisfied with all she did for us is an understatement!

    Janet and Bruce Lathbury

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