 Bad idea or good idea to establish personal contact with people I sold my house to? |
| The sale was handled through real estate agents...all by the book. It was an "as is" sale and I disclosed all known structural defects and flaws. The buyers sent me a nice, biographical ... |
|
 Is now a good time to buy a house or should i wait a little more? |
| Hi, i live on San Francisco and we are trying to find a house around Oakland or Richmond, but we have a lot of people going on different direction, our realtor of course said the better than now we ... |
|
 What if you are trying to get a loan, but you don't have none of your old income tax returns? |
| because In recent years I was not planning on buying a house, but just up and decided to purchase a home, what or how can I prove that I have been working steadily for ... |
|
 Why are builders building all of these expensive houses people can't afford? |
| I live in a typical middle class town, however, for the past few years builders have been building all of these expensive, massive, monster homes that nobody can afford. Despite, the bid price tag, ... |
|
 We are thinking of buying a home? |
| We still need to get pre qualified first. My question is, would it be better to wait and get pre qualified after we are married or is it not going to make much of a difference. Because if it ... |
|
 My landlord has sent me a bill for heat we never asked him to supply in our rented home? |
| Suddenly this winter the kerosene guys delivered and filled our tank without us calling. At first we thought it was an accident becuase they left no bill. It happened a few more times and we then ... |
|
 Real estate question? |
| for example, if i was going to rent a house out to someone. where do i get the lease agreement from, and who do I consult if i want to add certain clauses.... |
|
 What is a reverse mortgage........? |
Additional Details
What if the house is paid off.............. |
|
 Do I need homeowners insurance on a home i only plan to own for 2 months? |
| Im buying the home with cash and flipping it within about 2 months. So would i need homeowners at all? Policies usually are for one year i thought.... |
|
 What's better fixed or adjustable mortgage? |
can adjustable become fixed later?
Additional Details
Thanks everyone !! :) :)... |
|
 What is the housing market going to do? What is the best time to buy a home? |
We are looking to buy a new home (primary residence), but are anxious given the state of the housing market these days.
There is a house we are particularly interested in, but it is a ... |
|
 Do I have to pay an appraisal fee to Mortagae Co. even if I didn't purchase the house? |
| I was buying this house and left a check deposit of $1,000 to my real estate agent. We opened escrow and had the house inspected for pest. The report came back and I wasn't happy with the ... |
|
 Landlord trying to keep most of my security deposit. What can I do? I didn't take any pictures, regretfully. |
| Most of the deductions were already existing in the home or normal wear and tear. How am I supposed to prove this. Is hiring a lawyer going to cost me more than the $995 refund.... |
|
 Does anyone know how to find out what mortgage I would be approved for before we go to bank? |
| My hubby and I both make about 45K before taxes. Our credit scores are about 715. Our current rent is $810. The houses we are looking at are about 95K. I am graduating from nursing school next year, ... |
|
|  |
♥ | Is there a need to hire a Realtor if we know the seller? |
My fiancee and I are buying his parents house, as they are moving out of town around the time we are getting married. Is there a need for a realtor? For paperwork, etc? |
 |
 
edde
 |
I bought my parents house and we didn't use a realtor. However we did use a lawyer and title company to make certain all the necessary documents were correct and signed. |
|
Mrs HarleyBrat
 |
Get a REALTOR ~ so you remain friends with your sellers
tell the agent you will pay 2.5-3% to do all the paperowrk for both sides - their commissions are negotiable |
|
saved_by_grace
|
Contact a local reputable title company and ask them. They should be able to handle all of the paperwork for you. |
|
AAK7
|
A real estate agent is justified if you need to have someone negotiate the price etc. Other wise going to a real estate attorney or a good escrow company and selecting a title company should cover the paper work. |
|
KATHLEEN C
|
I agree - A title company and your mortgage company will pretty much guide you through it. Don't waste your $$! |
|
nasalbaby1
|
You can use the same attorney as his parents and split the cost, we did and it worked out smoothly. |
|
hooterville
 |
go to a real estate attorney, or a title company. No realtor, all they will do is charge you commission for nothing. |
|
rebecca d
 |
Not at all... you should, however, get a real estate attorney who will make sure that all the necessary paperwork is handled properly. The closing with take place at a title company and they make sure that the title work is transfered correctly (as you will be paying $$ to them to insure this with a title policy) and to make sure the mortgage companies are satisfied. |
|
jennifer112233
|
You can easily do a For Sale By Owner... plus his parents can give you Gift of Equity. Big plus! Will you being needing a mortgage for this purchase? If so, Gift of Equity can save you some $$$$. What is Gift of Equity? If the home appraises for a higher value than the parents are selling to you, the extra value can be gifted to you by the parents as money down. If this adds up to 20% of the purchase price, that means no PMI (private mortgage insurance). PMI is an extra payment quaranteeing 20% of the home value that is required on a mortgage. When you do title for the transfer of the property the Title Company will take care of everything that is needed to be done. Plus, since you are buying through your parents-- no transfer taxes!!!! All win, win, win, for you. If you need to obtain financing and are in PA or DE I can help. I can also do a few other states and interest rates are low right now. I don't know if you can contact me or no but my Yahoo ID is jennifer112233. Hope this helps. Hope my explanation is clear and can help.
So my answer in a nutshell is you do not need a realtor. If you need a mortgage a broker can handle the FSBO for you. Thus no attorney fees on top of everything. |
|
rebap-arciel
|
YOU NEED A LAWYER FOR THE CONTRACT AND THE REALTOR FOR TRANSFERRING THE TITLE TO YOUR NAME |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
9 | 17 minutes(s) ago
| | | |
9 | 40 minutes(s) ago
| | | |
9 | 2 hour(s) ago
| | | |
9 | 4 hour(s) ago
| | | |
10 | 9 hour(s) ago
| | | |
10 | 10 hour(s) ago
| | | |
10 | 1 day(s) ago
| | | |
10 | 3 day(s) ago
| | | |
10 | 5 day(s) ago
| | | |
10 | 2 week(s) ago
| |
|
Homepage 
Financial
Forum 
Renting & Real Estate 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
