 How do you know how much house you can afford? |
| I'm not looking for a really specific answer, just a way to get a broad estimate. For example, I've heard things like no more than 25% of you gross income. That type of thing. Thanks!... |
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 Where is the best place to get a home loan...with bad credit?? |
| my husband and i have poor credit...he's low 500's, i'm mid 500's. when we sell one of our fairly new vehicles and drop that payment, that will help our score. also, his ... |
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 I am renting furniture and I've made a total of $1,360 in payments. Are the lamps and tables mine? |
| I am renting furniture and paying biweekly. I've made a total of $1,360 worth of payments. That exceeds the cash price the rental co. is charging for two lamps, and 3 end tables. I have not paid ... |
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 Is it legal for an apt/townhome/duplex complex to chg a monthly rental fee for dog/cat in addition to deposit? |
| I have paid the required pet deposit of $450.00 and half is non refundable. In addition to that I was required to pay an additional fee 0f $25.00 monthly as "pet rental" for the duplex. I ... |
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 Is it possible to get a loan for a manu. home after bankruptcy with land and a down payment.? |
| i had to file bankrupcy about a year ago due to medical bills. is it still possible to get a loan for a manufactured home now if i have some land and a down payment to put towards the loan.... |
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 What rights has my landlord got in regards to entering my room without permission? |
Additional Details
Ok, he entered my room without me in the room and took money which he assumed was rent. He never gave me any notice at all. Is that legal?... |
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 Can a person with an income of about 25,000 afford to buy a 200,000 dollar house? |
| I am having an argument with an individual and I am arguing that a person with an income of 25,000 and has five children cannot afford to purchase a 200,000 dollar house. He says that that person can.... |
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 What do you do if you owe more than your house is worth? |
| We bought our house 3 years ago for 849,000. Yes we did the zero down with two loans. Now with all the foreclosures and the market our house is worth about 620,000 and the house across the street ... |
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 Landlord trying to get over on us.? |
| about a month or so back, my landlord decided she wanted to name her ex-husband (who apparently "owns" the property) to be landlord, so she took our lease & whited out her name & ... |
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 My roommate forged my name on the leasing agreement at our apt, w/o my permission. Can I get out of the lease? |
| I began by subletting, w/o the apt management's knowledge in Sept. 07. In Dec. 07, it was time for lease renewal. I filled out the application, and signed the work history documents that were ... |
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 Im the sole name on the mortgage, if I add someone to the title, can I remove them without his/her permission? |
| My boyfriend of 3 years and I are purchasing our first house together, but due to his bad credit, just my name is going to be on the mortgage to get a better interest rate. I was told that I can add ... |
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 I just pass my real estate exam. How much commission % should I get for helping a seller or buyer? |
| How do I know which broker to sign up with, in order for me to practice my real estate? I want a broker which will pay me my fair share when I help a client buy or sell a property. What is the ... |
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 What to do when you buy a house in San Francisco and the renter does not move?I have that problem.? |
| My daughter bought a house in San Francisco with a renter living in it at the time, now she is facing a horrible dilema in trying to evict her out of the house, in the mean time she has to pay the ... |
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 We want to buy a duplex, live in one side, but both units are presently occupied...? |
| My husband and I want to buy a duplex and live in one side, rent the other. The one we are interested in has both units rented out right now. I am not sure when the leases expire and what the terms ... |
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 I gave my landlord 30days notice and paid the rent for the 30 days but do I need occupy it or can i move out? |
she got her money for the last 30 days does the law say i have to be there or can I move to my new place.
Additional Details
she makes it sound like i can't move out till she rents ... |
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LaLa 78 | Do you have to pay a real estate agent for showing you houses if you buy one directly from a builder instead? |
There was no contracts signed. Is is unethical to not give him anything? And if you do pay him, how much? |
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TeQuiLaSuNriSe
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I see you are getting a lot of "not true" answers.
If that agent showed you a house and then you bought a house directly trough a builder you owe the agent nothing.
If that agent showed you the house that you bought through the builder, you still owe them nothing.
The agent is a sellers agent, they are showing you the house but work for the seller. They have both buyer and sellers best interest in mind, I hope. But do work for the seller, unless they are a buyers agent, but still they are paid by the seller.
You should be signing an agency disclosure before you are showed any properties by an agent. Therefore you will know who they are working for.
Hope that helps.
Good Luck ! |
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Just another 2D character online
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Real estate agents are paid by the sellers of a house. You don't need to pay anything since they get a percentage of whatever price the house is sold at. Don't worry about paying him, just get him to earn his sale by showing you all the houses you are interested in. |
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B R
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Seller pays the agent....not the other way around. Even the buyers agent is paid by the seller. Sellers agent and buyers agent split the money. |
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curmudgeon
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If the agent had nothing to do with you buying this house from the builder, you owe him nothing. |
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Karen R
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If you didn't have a contract then no, you aren't legally obligated. However, why do you think the agent hasn't earned anything? They spent time to research, schedule and show you those properties. Time is money and morally you should feel an obligation to compensate them for their time. If you don't, that brings into question morals and ethics.
Regarding the response from TeQuiLaSuNriSe. The agent who showed you homes did not necessarily work for the seller. Most states have agency laws and practice designated agency. Sub agency and dual agency is not practiced anymore in most areas. So it will depend on your area as to the status of involved agents. |
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Penney S
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YEA IF THE BUILDER LISTED HIS PROPERTY WITH LETS SAY CENTUTY 21 |
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girlonline64
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No, the builder should pay the commision on the sale, or if you sold your old house before buying the new house, that realtor would get the commision. |
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mikey
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If you did not have a Buyer's Representation Agreement, you do not have to pay the agent . Although, you should if he tried his best to find you a home. Usually and most of the time, the builder will pay the agent's commission, without any cost to you. It takes a lot of work finding the home.....for someone....if he spent some weekends showing you some, I believe he deserve something his commission....3% of the home, which is the average builder's payout. |
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rab2344
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No contract - his loss. However, most builders give them $$$ for bringing you to him. Most realtors will ask you to sign a contract saying they represent you to prevent something like that. |
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phaig93
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No. If that house was not one of the ones shown, then there is no contract between you. |
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doris_38133
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Did that person show you this house that you want to buy from the builder? Then yes, if not, no, you only pay a commission on a sale if the person showed you or gave you the connection to that house or property |
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