 Would you buy your dream house if....? |
| ... you would have a little over an hour commute one way to work? (that's one hour of straight highway driving, not bumper to bumper traffic) Let's keep in mind said house is on 8 acres ... |
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 How long does it take to be homed once on the council house list? |
| I have just sent off the forms with all proff of ID. Does anyone know how long ( on average ) the wait could take?... |
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 Our realtor is showing our home today and I left 2 dishes in the sink and a bar of soap in the bathroom sink.? |
| Do you think this will make or break a person's decison on buying the home? It was a last minute showing and I'm at work and can't go home to pick it up!... |
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 What actions can I take against a apartment complex for unsafe living conditions? |
| I'm a college student and I live in a basement of an apartment complex with 4 other guys. There is only 1 bathroom, and no air conditioning (there are only fans.) The problem is: The apartment ... |
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 How risky would it be to purchase a home in "as-is" condition? |
| This is a banked owned property, built in 1975. I'm a little concerned because the bank sent off several pages of seller's release of liability forms. The bank is basically saying that ... |
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 Someone broke into our house? |
| About a month ago someone broke into our house took all of our money didnt touch anything but our money. Come to find out it was someone we knew. A week later he broke in again and took the money ... |
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 Can you be reimbursed from the landlord if you erect a garage on their property? |
| The person was paying half of the morgage,but his name was not on the morgage. He build a garage on the block plus other bits & pieces, but when he died she said he was renting from her. There ... |
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 How can you buy a house without using a Realtor? |
| I've dealt with about 4 Realtors already in about 2 years trying to find my first home (in California) which has been so far a bad experience and unsuccessful. In my experiences thus far I'... |
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 I live in the country and a person who owns property next to mine, is planning on building a house, but..? |
| People who know both of us, have told me that where he is planning on building, is like 75 feet over into my property. I own several acres, and I don't think he knows where the boundry is. SO... ... |
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 What to ask the estate agent? |
i am viewing a house today for the first time. What are the crucial questions to ask?
Is there anything important I should take into account when on a house viewing and dealing with an estate ... |
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| I brought my home 1yr ago, I want to refinance, my mortgage was setup with a 1st and 2nd mortgage? |
| Total I brought the house for 87000 and I owe about 85000 total between the two mortgages. First mortgage has an itnerest rate of 9.5% and the 2nd is about 12%. Is this a good time to refinance. In ... |
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 Christmas caroling door-to-door? |
| Would it be Ok for door-to-door christmas caroling in apartment buildings? Should we get approval from landlord/building managers?... |
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 Can a manager of a trailer park evict me ? |
| he says he wont renew my lease & when asked why he siad i just told you why. he did not give any reason. he says he has power of attorney to do so, but wont show any proof that he actually does.... |
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 My landlord won't let me out of my lease but the neighbors are toonoisy. Complaining doesn't help. Now what? |
| I have complained and complained and complained to no avail. Are there any laws or anybody got an suggestions?... |
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 If I share my walkway with my neighbour, do I own half the walkway? |
| The walkway is between my house and the neighbours, I want to move my wall accross, so I can have my own walkway. This is because I do not know who comes to their house and it would add value on my ... |
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Diane L | Selling my home what if I am interested in a home that is for sale by owner. Do I need to involve my realtor? |
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ZinaRae
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A realtor will always tell you "yes", as they make money. The home will be a better price if you do a FSBO (For Sale By Owner). The realtor will charge them 6% of the sale price (usually). It give you a very good negotiating point. Just make sure that the home isn't over-priced to start with. FSBO homes can be homes that didn't sell with a realtor, as it was over priced and rotted on the market forever. Or, they owe more than the home is worth. Be careful, and you can make a very good deal if you do your homework. |
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hollywoodmelody
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No you do not have to involve your realtor. Just make sure you understand the process of how it all works. It is not the same as being on the selling side, its quite different. If you put in an offer, make sure you read all the details in the contract that the seller is writing. Check for contingencies that state anything that would cause a delay such as "Contingent upon ------------Could be several things so be aware. Also make sure you have a home inspection done so there are no surprises. This is an upfront cost but well worth it in the end. |
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Jenn N Kentucky
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If the owner gets contacted by a realtor on your behalf, they usually decline immediately, they are selling their home for themselves so they do not have to pay any commission to a realtor. You should contact the owner yourself about the price, history of the maintenance and upkeep, set up an appointment to discuss what his terms are. Like will he help with closing costs since he is selling it himself. Also you will need to contact, whomever you intend on getting your loan through, they will help and let you know what you will need, they have dealt with many FSBO before. Good Luck!! |
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Davd B
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Gerald doesn't know what he's talking about. That much I am sure of. |
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statusquo333
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You do not need to invoovle a realtor however you should defitnitely consult a real estate attorney and CPA. If you would like a free quote on your mortgage or want to speak to a mortgage consultant try www.restructureyourmortgage.com Best of luck. |
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n2cheyenne
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YES, definately involve your Realtor, even though you feel you may not need to. You are not protected if you don't. Check out FSBOgonewrong.com. If anything goes wrong in your transaction with a for sale by owner, then you are on your own, and I've seen a lot of deals experience even small problems that are no big deal for Realtors to fix. Your Realtor will ask the seller to pay for her commissions. Let your Realtor know you are interested in the house and they will set up the showing for you and take it from there. Trust me on this, ALWAYS ALWAYS use a Realtor. You most likely wouldn't go to court to represent yourself in a law suit, would you? No, you would use an attorney. Think of it like that. |
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Gerald
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Absolutely not---your buying the home from the owner.. He has to pay the realtor the commission and he will not pay the fee...You need the mortage lender to cut the checks at closing... |
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Blue October
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Yes Definently get a licensed real estate agent and a real estate attorney involved.
good luck |
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arizonaprincess2
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i would talk to him, so you have someone who knows the ins and outs, in todays society, you cant be to careful!!!! good luck |
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Eva Daniel Rn
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a Realtor is there to protect your interest as a buyer or as an seller too. Because people don;t do this kind of transaction every day it is allways best to involve a realtor. especially if you are buying. You dont have to pay anything for it. If you are in florida, i will be more than happy to help u.
ok .
if you are a seller: there is a very small percent of people who would buy . It is about 4 %. we have the the buyers and the technology to advertise your property, besides that, how many open house would you host? before you call it quits? but try it , becase u will appreciate realtor after that.
GOOD LUCK GO AHEAD GIVE A TRY.
if you are a buyer in FSBO beware. U have No idea what else is involved. Therer could be easements on the propery or any other claims. Maybe not even one person owns it. how will you find out? amagine 2 years from now someone shows up and claims your home to theirs. What if they actually have the right for the house? are you going to go to street and live there? or you going to live with that person? think about it.You do not know what you are buying. |
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landersonjr1958
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NO you do not have to involve the agent selling your home. He is there to sell your home. Of course he would LOVE to get the commission off a fisbo home, your Realtor is not the one that will save 5-6% on the price you pay. Get the attourney to draw up the paperwork, or you can download a simple purchase and sale off the net. I saved $25,000 by negotiating the sale price of our fisbo home, better in my pocket than theres. |
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godged
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No you don't HAVE to, but some FSBO do cooperate with Realtors and pay the Realtors commission to represent your interests.
There are some really whacked out answers on this post. Especially the guy that spells negotiating "negoshating" talking about 5-6 percent to the buyers agent. Typically it is 3 percent but that is subject to discussion.
The downside of FSBO is that they receive about 16% less than a Realtor, and the first thing buyers ask for is over 6% off the asking price for not using a Realtor. |
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G
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Full disclosure: I have a real estate license.
No, you don't HAVE to involve your Realtor; however, if you have an exclusive buyer agency agreement, you may still be entitled to pay the Realtor a commission. Read the contract carefully.
Even though you may choose not to use your Realtor, I would recommend using him/her. If your Realtor's worth her weight in salt, she should be able to guide you smoothly through any potential problems that may occur. The average American buys a home every 5-7 years. Realtors are in the business of selling houses on a DAILY basis. Think about it. You can represent yourself in a court of law if you're convicted of murder. If you lose, you get the death penalty. Would you rely on your own skills and represent yourself because you know how, or would you get the best attorney you could to save your skin?
Think of buying a home in the same light. For most people, buying a home is their biggest investment, so you need adequate representation. The seller may NOT choose to pay the Realtor a commission. If not, YOU can pay the Realtor for his expertise. This commission can be factored into the mortgage if the home is sold with any equity. In today's buyer's market, this situation is highly likely.
The money you pay can be worth it when you think of the possible headaches you'll avoid. Good luck! |
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glitterdiva
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If you're buying it's ok to involve your realtor since his commission will not come from your pocket, but it will come from the seller's realtor's commission - they split the commission off of the sale. So it will only benefit you to involve your realtor in your purchase so you have an agent on your side. |
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Neither Republican nor Democrat
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you would be wise to. There are so many things that can go wrong, and an experienced Realtor can guide you through that. But, the owner would have to agree to a "single party compensation" agreement to pay the Realtor's commission otherwise he/she could not represent you. |
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