 How much does he owe me? |
| I bought a phone for $200. My friend was going to sell it for $400, but got robbed. Does my friend owe me $200, or $400?... |
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 How to comfort a real estate broker (my wife) who lost a deal which she works so hard for so long? |
| My wife (a real estate broker) has worked on a deal very hard and she lost it today. She is in very dipressed mood. I don't know if words like "...you can make other deals next time..."... |
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 2 guys rent apt. one quit job,owes for elec.and hasn't pd this mth rent. How can I get out of lease 3mth bal. |
| 6mth lease, both name on lease, #1 has not pd his 1/2 this mth. Owes for deposit and electric $450. How can the guy who has paid all along (kept recpts) get out of the lease or save his credit. #2 D... |
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 Don't all of those greedy real estate flippers deserve to lose their homes and all of their money? |
| These people are the very ones that kept raising their prices, pushing houses higher and higher, becoming greedier and greedier, refusing to sell until some greater fool came along and payed an even ... |
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 Mother passed. Stepfather living in house.? |
| Addendum: My mother had the house built long before he came along. He has been living there since they married in 2003. The house has 3 more years of payments, I don't know if he is making ... |
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 Do I have the right to refuse to let the landlord spray pest control in my unit? |
| I came home to find a list detailing that I would need to pull all the items that are in cabinets, drawers or closets out and into the center of the room so that they could douse my place with ... |
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 Can i make my ex girlfriend move out of my house? |
my house and all utillities are in my name i own it can i force her out we have 2 children together
Additional Details
well i guess i will need to clarify she lost custody of her 6 yr ... |
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 Who pays the buyers agent fee when the residential property is being sold by the owner? |
| I am interested in buying a property that is being sold by the owner (who does not have a sellers agent). The property information states that buyers agents are welcome. Do owners who sell without ... |
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 Property laws: IVE DONE WORK ON A RENTAL PROPERTY, AND THE OWNER WILL NOT PAY FOR WORK DONE. WHAT SHOULD I DO? |
| IVE DONE WORK IN A RENTAL PROPERTY,THE OWNER IS OBVIOUSLY A SLUM LORD. HOW CAN I PUT A LEIN ON THE PROPERTY TO GET MONEY OWED TO ME, AND HAVE THE PROPERTY DEEMED AS UNFIT FOR LIVING DUE TO MOLD, ET... |
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 How can I find out which mortgage company has the lien on a property? |
| There is a house/property that we are interested in buying, it's in foreclosure. We'd like to find out who has the mortgage, but don't know where to start. We already know it's ... |
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 Should I buy house now or later? |
| I am located in VA. I heard that market here is going down. Should I wait for some more time for the property market value to go down more or what?... |
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 Can I sue my neighbor for moving expenses? |
| I live in an apt building and have a idiot above me for a neighbor. Loud noises all times of night, heavy stomping etc, running through the apt and such after midnite, etc...My question is, I am ... |
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 Realators please help me tell my husband he's wrong...? |
| We want to put our house up for sale. It is a great house but there are a lot of superficial things we haven't fixed since we bought the house 5 years ago. Things like none of the doors match ... |
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 What is the FASTEST a mortgage broker can close on a homeowners loan?? Am I screwed?? |
| I made the mistake of using a friend that was new in the biz as my mortgage broker on my new home. He is with a small operation. Well, I am suppost to close on June 5th and he said they can't ... |
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 Question for a realtor? |
| Why is it that most advertised properties don't have an address? I am currently looking for a home and I tend to ignore the ones without an address or price. I think those are two basic things ... |
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 When buying a house at an auction how do you come up with the $$ within the 24 hours they allow? |
Houses for sale at a forclosure auction, they ask for down payment immediately, the remaining with 24 hours. Where do youget the funds for that immediately?
Additional Details
The ... |
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 IF you have a home, Why would you not refinance to a lower rate? |
| I am a loan officer for National City Mortgage. One of the largest banks in the US. Our rates are awesome, with no junk fees, or extra costs. SO my question is this, as I speak with home owners, ... |
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Goldie Girl | How do I buy a house from a friend without using a realtor? |
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rhsaunders
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Not difficult. Draw up a contract, outlining the terms; it is good to crib from a standard realty sales contract form which is available at stationery stores. (There are a lot of what-ifs, and they all need to be dealt with.) If you are financing the deal, you will need an escrow or closing agent to handle the paperwork, but if there is no outside lender involved, you can do that yourself. At closing, the seller will deliver a deed, with wording similar to this:
"Grant Deed
For a good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, John Doe conveys all the real estate commonly known as [insert street address], and more particularly described as [copy legal description from previous deed], to Richard Roe and Mary Roe, husband and wife [or such other tenancy arrangement as you want]."
This must be notarized. Buyer takes this to the county recorder of deeds to be recorded. Buyer also hands to seller the agreed consideration.
Although you don't need a realtor to do any of this, having an escrow company or other closing agent involved is a good idea. They will get the paperwork done, and arrange for title insurance -- which is a very good idea indeed. And, as I mentioned earlier, if there is an outside lender, they will require the use of such an agent in order to insure that the mortgage is properly done and recorded. |
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Old Goat
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get a lawyer! |
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Etoile deCartier
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Use a lawyer and understand that your friendship is not long for this world. |
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Daniel
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You don't need a realtor but they know all the paperwork and have the connections to make everything go smoother. Honestly, don't buy a house from a friend without a middleman. There are so many things that can go wrong and you dont want to lose a friend over money or possessions. A realtor can help, if by no other way than by being a scapegoat when something goes wrong. Good luck. |
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Jennifer
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Use a lawyer. :) |
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Gregorio
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You don't want to be friends for very much longer do you? |
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Mark C
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Agree on a price, do an internet search for real estate contract for your state (they're pretty standard by state), fill it out and have both parties sign, take it to the bank and they'lll handle everything from there... |
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Landlady R
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Contact a Title company, they can help you draw up a contract and handle the entire closing.
They also have R/E atty's onboard. |
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samantha
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You can just go you an Escrow office who can help you do the right paperwork. Or you can go to a "help you sell" or something like it that won't require all the commission...but will help you do the paperwork. We bought a house from our parents one time and a realtor just helped do it for us....you can make a deal with one, just to handle it for you. But you can also just go together to the Escrow, and they will handle it for you. |
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heyteach
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You will want either a realtor or a lawyer. There are quite a few legal hoops to jump through and you can rest assured there WILL be problems with the house, so if you want to maintain a friendship, you better make the purchase right--and that should include a home inspection. This is likely to be the biggest purchase of your life and a friendship is on the line. |
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