 Should an apartment rental application require your mother's maiden name? |
| I am filling out an apartment rental application and is is asking me for my mother's maiden name. I don't see why they would need to know that. It seems like it could lead to identity theft.... |
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 Landlord wants me to take over house payments, what happens next? |
| We have leased a property from a real estate company for the last year, we were interested in renewing our lease but when we asked, the landlord said they have too many projects and want to be rid of ... |
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 Is it stupid to buy a home now? |
| I am in college and have no money to put down. But I'm tired of throwing away money on rent. I'm thinking I can buy a small modest home, but I would need to rent a room to afford it. Is ... |
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 Can you move furniture in the basement of a house your buying a week before closing? |
| My wife and I bought a home under foreclosure and was wondering if you think a bank who owns it would let us move some furniture in the basement a week before it closes? Any ideas?... |
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 House price slump? |
Have you been affected by this?
I'm trying to sell one of my houses now, but I'm only expecting 10K less than it was valued last year.
I'm fuming!
A... |
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 How much money does it take to demolish a house? |
| a house in the third ward of houston. a small old abandoned house.... |
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 How much does it cost to run a house? |
| I'm looking to buy a house and just want some info from people about how much it costs to run a house. I know it varies depending on the size of the house. The house i plan to buy will be ... |
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 What is the best way or best places to look for cheap property to renovate? |
I'm looking to get mortgage and instead of buying ready-to-move-in property I'd like to buy one in bad state and renovate it myself as I am a builder and have the right tools. Brighton.
<... |
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 We have found a house that we absolutely love.? |
| The house has been on the market for atleast a year. We had planned on waiting a few more months to buy but the house has been reduced again and I'm afraid someone else will buy it. The real ... |
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 Buying a home with bad credit possible? |
| I've never owned a home, nor has my husband ...we would be first time buyers, yet have bad credit, is there any way possible, any programs available for us?... |
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 If someone sells me? |
their cardboard box under a bridge, do I have tenancy security?
Additional Details
and if so for how long?... |
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 My boyfriend wants me to work? |
I moved to a new apartment that is $30/mo. in NYC. Previously we paid, $1200 per month.
The rent is based on my income. So the more I make the more rent I pay.
I am an ... |
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 Should the government bail out people who's variable rate mortgages are foreclosing? |
| I keep hearing about how the government needs to help people who signed variable rate morgages. They knew what they were getting into when they signed. Now their rates are rising and the mortgages ... |
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 Closing on my home end of July - can I take my expensive luxury shower head or do I have to leave it? |
| This is the first time I am selling a home. I just happend to be telling my mom this morning that I'm planning on taking my $100 shower head with me when I move and replacing it with this $20 ... |
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 What's there to stop me withholding my last months rent to make sure I get my deposit back? |
| Given that I am having to take my previous landlord to court in order to get back my illegally withheld deposit, I was wondering what is there to stop me in future withholding the last months rent (... |
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*JiGsAw* | I need help from a realtor or anyone who knows about houses!!!!!!!!!!!!? |
Two weeks ago, i put an offer to a house, but sadly i lost it; someone else had bought it and gave more money than i did. My realtor had told me how much more money the other people had put into the house. This week, i put an offer to a house that i really liked, but my realtor told me that the other people had put more money than i did, but she didn't tell me how much more. I was wondering if there was a way for me to find out how much more money the other people put than me; you know so i can add more money and hopefully, get the house.
The thing i don't understand is why did my realtor know how much more money the other people put than me on the house that i lost and why she doesn't tell me the more money the other people put than me inthis house that i just put an offer to. |
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reality
 |
#1 I don't like how your Realtor works, she should work for you and if she new how much money another offer, she should offer more and try to worked out for you, I understand she lost one offer, but two ....????? Today we don't have so many Bayer's, so to me this is looks fishy, try to work with another Realtor, who is more nalegible and more aggressive, so next time your offer will have priority. Good Luck! |
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Fred S
 |
Something is up. Bidding wars are rare these days even in the best of markets. |
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acermill
 |
Your realtor is already in violation of ethics. The ONLY thing she is allowed to divulge is that there are other offers. END of story. She isn't even allowed to tell you that others offered more than you did. THAT is confidential information. |
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coleblondehead
|
This is sometimes a dirty gimmick or trickthat some
realtors use to get you to pay more, since their commission
is a certain % from what you pay, the more you pay, the
more theyll get, I learned thatthe hard way.
We had a realtor do that to us and we noticed that she didnt
want to tell us how much the other people were offering but
she knew how much, she would hint like well if you really
like the house maybe offer 3-5kmore, so you dont have to
stick with people like that, just change realtors, theyll all have
the same listings, just tell the new realtor the house that you
want and they get the listing. I just finished taking a real
estate course, just havent taken the test yet, its too expensive
but thats the only way to find out what youre getting into as a
first time homeowner. Good luck!!! |
|
I Buy And Sell Houses
 |
Some good and some bad information below.
You can't always be sure how much a property has sold for until it goes to closing. That's when the information becomes public. (Actually, when the deed is recorded.)
However, it's entirely permissible and ethical for your agent to call the listing agent and ask what the agreed-upon price was. If the sellers allow that information to be shared, the listing agent will tell your agent. Otherwise, depending on the listing agent, they may say nothing, or they may give a vague description like "pretty close to the listing price."
Despite the comments below, there are some bidding wars out there. Most of them can be found in short sales and REOs, but sometimes people will price their properties low just to get multiple bids.
Ask your Realtor about putting an escalation clause in your offer. That way, you're initially offering a certain price (say $200,000), but agree to go up in increments (say $1,000) up to a predetermined level (say $210,000). That will give you a better shot at getting a property.
However, to address another point in your question, if a house is on the market and another contract is submitted, and is ratified (agreed to by the sellers), then you can't come in and try to top their offer. There's already a contract. However, what you can do is submit a backup contract, so that if the first one falls through (maybe they can't get financing, or they're not happy with the home inspection), you're next in line.
Talk to your Realtor about those possibilities.
Good luck. |
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src50
 |
She may not know. The listing agent doesn't usually tell buyers' agents. |
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godged
 |
In my market, bidding wars are happening, and mine isn't a shiny market. With REO's, the lenders have been kicking back offers and telling the bidders to bring their best offers. Then they might pick one, or do it again.
Not a dirty trick, it happens. Especially with REOs.
After the offers are in and a deal is done, the Realtor can tell you how far off you were. Now that you are in a negotiation again, they cannot tell you without risking their license.
This is sort of like watching poker on TV, it is really easy when you can see everyone else's cards, not so easy playing a live table and you cannot see the cards. You have to do the best you can with the information you have, that is why the Realtor cannot tell you how much to raise your offer.
What I tell people that think I'm doing this to increase my commission, the difference of a few bucks (and it really amounts to just that much difference) isn't worth losing referrals from you down the road, I work to get you the house you want at the best possible price I can. Period. |
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blksvr
|
Once the house closes the sale is public record. You will be able to find out then. |
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J.H.
|
She might not know what the buyer for the second house offered. I never tell other agents what the sales price is, until my listing closes. Because if the sale does not go through, the other buyer will already know my seller's bottom line.
I am in an area where it is rare (lately) for a home to have multiple offers, when it does happen the first buyers are notified so they can get in on the action, and up their bid.
I hate to say it without knowing your housing market, but it sound like you might need a more aggressive agent. |
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Stu
 |
Your question requires additional information. If your realtor is a buyer's agent, he/she is representing you and is required to provide the buyer, you, whatever relevant information she can ethically obtain to properly inform you. Some states have subagents, meaning that both realtors, the listing agent and the selling agent, work for the seller. In this case, you as the buyer will only be given whatever information the seller allows the agent to divulge, since both agents represent the seller. Most states require that the realtor disclose his/her agency status, so find out whether or not you are being represented. |
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HIGH SHAMAN
 |
Your realtor probably did not know until you made your offer ... she then presented it to the seller's realtor who then told her about the offer for more money that had already been accepted .... |
|
You asked... I answered
|
if you enter into a written agreement meaning you made an offer in writing and the sellers have accepted that offer in writing, then they should not be able to back out and take a higher offer. That isn't how it works. We just sold our house, and our agent made it clear that while we did have an offer on our house, we could keep it open to showings and stuff, but could not accept another offer should we receive one that was higher. We decided to continue showing the house in case our buyers loan or whatever did not go through, but understood that we could not even look at another offer if one had been made. Some people would never get a house if that's how it was done. I would suggest a new realtor, personally. |
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mrsdebra1966
|
Buy a house directly from a person & not through a realtor next time. |
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waterdog
|
Summary:
1. WF owns home after owner defaulted on loan.
2. Seems as though WF was high bidder at auction (yet that is a little vague).
3. Wife has contacted WF representative and made offer.
4. WF rep. emailed to say another offer preceded 'ours'.
5. Realtor is certain no offers made/pending, house is active
QUESTION: Can there be this 'other' offer pending with WF that the realtor would not know about? |
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