It’s hard to be sure what the next several weeks will bring, but here’s the latest government mandate as it applies to our industry.
On March 31, Texas Governor Gregg Abbott signed an executive order, part of which deemed real estate an essential industry. Our Board of Realtors has said that Realtors can show properties across the market but should exercise great caution when doing so.
This is good news, as we have buyers with a genuine need to get into a home and sellers desperately needing to sell. One of the ways we at the Gregory Group have adjusted is by providing virtual walk-throughs for all of our listings. This ensures that only the most serious, informed buyers move forward with an in-person showing; buyers can even put forth an offer without having to step foot on the property.
As always, if you have any questions for us in these unusual times, please feel free to reach out by phone or email. We’re here to help.
If you or someone you know has lost a jobStates will still continue to pay unemployment to people who qualify.This bill adds $600 per week from the federal government on top of whatever base amount a worker receives from the state.That boosted payment will last for four months.
If you’re a small business ownerThe bill provides $10 billion for grants of up to $10,000 to provide emergency funds for small businesses who qualify for the Economic Injury Disaster Loan to cover immediate operating costs.Click herefor a downloadable checklist and guide from the U.S. Chamber of Commerce!
If you’re a freelancer OR independent contractor
Unemployment coverage may be available to freelancers and independent contractors and also provides an additional $600 per week for 4 months in addition to regular state benefits.
Typically, self-employed people, freelancers and contractors can’t apply for unemployment.
If you’re a property / homeowner
You can request a loan forbearance on their payments (without penalties, fees, or interest) for at least 180 days. Investors and multi-family borrowers may request a similar forbearance.**Please contact your lien holder to see if you qualify!