 What are my rights when buying a house? |
| I am buying a house i UK. I have already signed the contracts and made a deposit of 5% of the mortgage through my sollicitor. I was told I will get the keys to the house as soon as I do this.After ... |
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 We are renting to own a home and Landlord has told us that his homeowners insurance has gone up to $625.00? |
| monthly. Our monthly payment with this increase is $2150.00 per month. I am a Stay at home Mom and we can not afford this!! He told us to try to get our own coverage when we moved in 2 months ago ( ... |
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 Can the landlord keep my stuff and let other renters use it, if they never gave me a chance to go and get it? |
| My boyfriend and I were out of town for a month. We gave the rent money to a friend who was staying there to watch our cat while we were gone. She ended up not paying it so we got an eviction ... |
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 Can I sue my Landlord?!?!? |
| Okay, so here is the deal. I came home from my father in-laws house fixing an computer problem for him to come back to my place to notice and pretty big crack in my ceiling. Looking at the crack I ... |
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 Can I afford this Apartment? |
| Its really nice its 2 bed room for $1600. I make about $3000 a month as a nurse. Cell phone is $100. car payment is $260 insurance is $145. Tv and internet is $135. The website says the apartment ... |
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 Is my friend entitled to housing benefit.? |
| A friend of mine has never worked and has two grown up children living at home,her husband has just walked out on her.Will she be able to claim housing benefit.The rent is paid for the next month,but ... |
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 Which is cheaper building a buying a house? |
| Me and my husband are thinking of building a house even though we dont have land so we will have to buy a site plus build on it. So would it be cheaper to build or just buy a house in Ireland??... |
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 If apartment building is being sold do I get my deposit money back? |
| The apartment building I'm currently living in is being sold to a new owner. What do I do about my deposit money? Technically, when it's sold to a new owner, the previous owner would still ... |
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 I have no proof of income and need to rent? |
Hi All,
rather than beat around the bush like other questions i thought I could just be straight forward.
I am an escort, i work for a company. However, I make cash only, and i ... |
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 Why can't I find a cheap property in London? |
The Press are full of stories about the fall in property prices, and people defaulting on their mortgages, causing the Banks to re-posses their homes and sell the properties on.
As a want-... |
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 Should i rent a house that has no central heating? |
i am house hunting at the mo and have found a really nice, 2 bed end of terrace.
the house is fairly big an has lots of character.
the only problem is....its got no central heating!!!
... |
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 I purchased a home with countrywide in august 07.we are in default of the loan.How do I know if Its a subprime? |
| mortgage.And if we are going to get help or not.We dont want to lose our home,but are facing foreclosure.last time I talked to countrywide,they said we would recieve a foreclusure notice by dec 11th.P... |
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| Why is this house so cheap? |
The OTHER ones in that area are about $100,000 more expensive but why is this : http://www.roseburg-prop
only $49,000??
Additional Details
http://www.... |
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 Am i able to buy a house with this salary? |
| ok so i work 2 jobs and make 20$ an hour together and i get paid bi weelke my boyfriend makes about 8 an hour and also gets paid biweekly. about 2400 a month all togehter what type of house ... |
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 DO I HAVE TO PAY TO TAKE MY NAME OFF MY HOUSE DEED WITH MY BOYFRIEND? |
| ME AND MY BOYFRIEND OWN HOUSE AND I NEED TO NO IF IT COSTS TO TAKE MY NAME OFF... |
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| My landlord keeps harrassing us, What do we do as tenants? |
| He is an old friend of my husband's father.. They grew up together, so when we moved here from another area he offered his apt. without a lease. For 1 yr now, he keeps calling us at all times of ... |
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 Filed ch13, now facing foreclosure-what do i do? |
| we filed for ch 13 last year coz we were behind on our mortgage, we were unable to keep up with ch 13 payments and mortgage, coz we lost our jobs. what do we do? we have equity in the home, enough to ... |
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Bruce | What's a buyers realtor do for the buyer when the house is being sold without a realtor? |
We found a house we want to purchase. The house is listed for sale by the owners. The gf is wanting to use a realtor to help with the purchase of the house. what exactly would they do? we are financed threw a mortgage company and the seller is the home loan offer at one of the banks here in town so we shouldn't need help with paperwork. What would be the benefits of useing a realtor? |
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Landlord
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Loan officers are not real estate agents.
The main benefit to you is knowing that everything was done legally. Almost all Fabio's end up in court, one of you screwed something up.
While there may be a mess up still, the agents broker takes the heat, not you.
I buy a lot of property. I think I know enough to manage on my own...but still I would not even entertain the idea of going it without my trusted broker. |
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acermill
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The buyer agent is contracted to represent your interests in all aspects of the contract and negotiation. Who will write the contract for you ? Do you trust the loan officer to write all the details properly to cover YOUR backside (especially since the loan officer is the seller) ?
If all the price negotiations, etc. are done, you may be able to negotiate with a buyer agent for a reduced fee, just to have the satisfaction of knowing that your interests are properly represented. |
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bull_rooster_aardvark
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Mainly its just having someone on your side who has done this frequently and is looking after your best interests. I agree with your gf on this one as there are lots of tricks and traps to buying property and if the seller is a home loan officer I bet the contract they present you with will be heavily weighted in their favor. Also I don't know that it would cost you anything to have an agent, the seller pays for this - the only possible downside is that you can't get as good a deal since the seller is aware they must pay your agent a commission.
So, unless you know alot about this sort of thing I would go ahead and get an agent. If you tell them that you have the property picked out and just need help with the contract thru closing maybe they'll give you a rebate on their commissions since they have less work to do. |
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Biggie @ Arbor Mortgage
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The benefits of using a realtor include negotiating a purchase price, making sure that you are getting a great deal, looking for things in the home that you would not look for. A realtor can also help with getting a home warranty if you want one. |
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homer
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none it would only cost you more money...source...myself having already bought two homes |
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golferwhoworks
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you don't need one but get the home inspected for defects and insects before moving on with this. Make sure you get a title policy at closing to protect you from any future claims by any one. |
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Marysue
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The agent will do exactly the same thing they would do in any sale.
-Provide you data to help you come up with a fair offer price – helps ensure you don’t offer more than home will appraise for and that you don’t end up paying way more than the guy that bought the house next door two months ago.
-Provide you with the local purchase agreement contracts and any additional documents that need to be signed by law (banks don’t provide these things)
-Help you negotiate with the seller, using their experience to come up with solutions to conflicts that may arise
-Ensure the seller takes care of their legal obligations
-Advise you on important contingencies that need to be in your offer
-Walk you though the steps of what you need to do to get the deal done
Don’t assume you’d have to pay an agent’s commission. Unrepresented sellers are sometimes willing to pay the buyer’s agent’s fee. If not, you may either pay for your own representation this way or through an attorney, but it’s never advisable to do something with so many legal & financial ramifications without professional assistance.
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hyr
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Really you can do the transaction yourself and save a lot of money. YOU would have to pay the buyers agent, not the seller, because they are "By Owner." But the agent would probably negotiate for you and complete your paperwork. |
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Renie
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They will take money (commission) from you! That's exactly what they will do. A real estate lawyer is much more beneficial in your case. You need legal representation. Be sure to read and understand all the fine print of your mortgage contract because many people today are in trouble and foreclosing because they entered into mortgages beyond their comprehension. Do not forget to take into consideration the mortgage insurance, home insurance and real estate tax costs. |
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