HouseTalk: March 8 - Rochester Spring Inspections, FinCEN Cash Buyer Rules, and Sump Pump Season

In this episode of House Talk Radio, Jeff Scofield (RE/MAX Plus) and Mike Reed (All County Home Inspections) dive into the high-stakes Rochester spring market. Special guest Paul V. LaRue, Esq. and John Marchioni (Marchioni & Associates) join the studio to break down the massive new FinCEN anti-money laundering rules that are changing how cash buyers and LLCs must report transactions.

Key Topics Covered:

• Spring Market Strategy: Why Rochester offers are moving to "pass-fail" inspections with same-day turnarounds.
• FinCEN LLC Rules: The $100,000 penalty facing attorneys for unreported cash deals.
• The PCD Risk: Why misstating a roof age on a Property Condition Disclosure can lead to major legal settlements.
• Sump Pump Systems: Battery vs. Water-powered backups and the launch of All County’s new $27 inspection service.
• Local Manufacturing Spotlight: A look at Bergen-based Liberty Pumps.