 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 ... |
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 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 ... |
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 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.... |
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 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, ... |
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 What all do they check for in a rental application? |
| Just credit or do they do background criminal checks also?... |
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 I this property a good investment or at least not STUPID?? |
| There is a lake resort about an hour from my house, where you can buy rv lots and cabins. The price for the 1 bedroom cabin I want is just under 50k. there is also a $75 monthly "resort fee"... |
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 What can we do?!! Help!? |
| My boyfriend and I found an apartment that we really liked and were planning on moving into in 4 days. When we viewed the apartment, there were certain features that we really liked and made the sale ... |
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 I need help with my Real Estate Agent? |
| I'm trying to sell my house and have it listed with a local real estate agent. The problem is that she isn't working very hard (or at all) to sell the house. My question is, how do you ... |
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 Buying a home (unique situation)? |
| My mother passed away in August of 2007. I am administrator of her estate. I am also sole heir. I want the home, however there are two mortgages on the home. I want to pay off the 2nd ($20,000) and ... |
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 Mortgage issue!? |
| I bought my house for £46,000 last year, I now want to get a bigger morgage and take it to £75,000, a joint mortgage with my fiance, we went to the bank and they asked us to call some solicitors ... |
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 I need help! Pre-approved for home...but don't know if its the right time to buy!? |
| I've been approved for a loan of $75k (not very much I know) but was convinced by Agent that I'd be able to find a really nice foreclosure home for that amount...still haven't. I'... |
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 What is the difference between let and rent? |
| I am looking to move and am currently renting but have no clue what lettting is all ... |
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 Realtor / Listing agent submitted a wrong offer!? |
| After placing several offers on a bank owned property we finally received word that our highest and best offer was accepted. The banks listing agent sent us the banks purchase agreement and it had ... |
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 Assuming a home loan? |
| My ex husband and I bought a house together while married, and now that we're divorced and both remarried, I want my name off of the house. He said what he has researched is that the only way ... |
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 I am in my new job for 2 months? am i eligible for home loan? Will bank give me a home loan ? my net is 12k... |
| I am wrking in a public ltd co., net sal is 12 k but i am wrking for only 2 months.. Is there any time period in the present job to get a home loan?? Am i eligible for getting home loan?... |
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 Are there any places in the U.S. where a person could buy a house for less then $50,000 that isn't isolated- |
| what I mean is that it isn't in a suburb, but has a sense of neighborhood where you can walk out your door and not have to get into a vehicle to get places.... |
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hoose | When selling a house is it ok to use a agent who wants to represents both buyer and seller? ? |
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 |
 
EB
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It's ok but you have to be more careful what you say. There are benefits to both sides if they use the same agent. For the seller, the agent may give a discount from the normal commission if they don't have to split it with another agent. In my city, the usual commission is 5% - 2.5% for each agent, but you can negotiate 4% if one agent gets the full commission. For the buyer, sometimes you can get a lower price because of the commission discount. Also, the agent may be more motivated and convincing for the seller to accept your offer. But you have to watch what you say to the agent. If you offer $90,000, don't tell the agent that it's only your first offer and your top price is $100,000 - They are obligated to pass info like that along to the seller. |
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teran_realtor
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How can one Realtor get the best deal possible for both of those clients?
My answer is NO. |
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9 daughters
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It's better to have your own agent but this happens all the time. The realtor is required to disclose he's representing both parties, however, because it is a conflict of interest.
Personally, I don't do this. I've bought and sold a lot of homes and I want an agent whose loyalty isn't divided. That doesn't mean it can't work and, in fact, an agent representing both parties isn't all that uncommon. I just feel more comfortable having my own agent. After all, it doesn't cost any more or less that way. |
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Shortstuff13
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If that was to happen, then the realtor would not have your best interests in mind. I have never heard of that happening & to me it is neither ethical nor is it professional. |
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chatsplas
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SURE, let them have split loyalties. Why demand an agent loyal only to you? They are interested in bottom line, getting sale through, as that's when they get paid, and they don't care how much seller has to come down. . . .or buyer up. . . . . |
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nathan f
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Dual representation is illegal in some states. It is not advisable in any case.
You will be giving confidential information to the agent and how do you know that the agent is not sharing that info with the potential buyer? And if their not, are they serving the best interest of that client?
The agent is more interested in receiving the full commission than the best interests of his clients. |
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HIGH SHAMAN
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It is ok as long as you retain a real estate attorney to review and protect YOUR rights etc .... |
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mjohnsonre1
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Depending on your state laws if this acceptable. I have been a dual agent as long as everyone accepts this. If this makes you feel unconfortable you can request that the broker keep their eye on this transaction very close or request that the broker take over the file. It all depends if you are authorizing a dual agency in your sale of your home. |
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Worldly25
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Sure why not as long as the seller get their asking price. |
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