 I am buying a house.....? |
| does anyone know....can a house only be sold for as much or less than waht it appraises for...or cant the owner determine if he wants to keep the price higher than the appraisal ... |
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 Are we able to get a mortgage? |
Mid score 700ish, stable part time employment for 1 year..and full time seniors in school.
Additional Details
We have about 30% down. We'd like to use only 10% down.... |
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 Dispute with Real estate agent? |
This is part of my contract which related with my Question.
2. Period of agreement: This agreement shall be effective from 07/07/07 and shall expire at midnight on 11/06/07.
O... |
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 What's the best way to get rid of the smoking smell in my house? |
Tenants smoked in my house, and I need to get rid of the smell.
I have carpets and tile floors.
Other than steaming the carpets, any other suggestions?
Thanks all! :)... |
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 How can i get a real job from home thats not goin to cost me alot of money? |
| hi my name is amanda and i just turned 18 and i have a dad who just lost his foot the other day and a few yrs ago lost most of his other leg, and i am wanting to work from home do i can be here to ... |
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 Moving Out At Sixteen With Boyfriend? |
| My Parents Are Strict, I Sometimes Think That I'm Glad They Are Cuz I Wouldn't Wanna Be Like Some Of My Friends Are Drinking All The Time And Stuff. I'm 16. I Know You All Think I'... |
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 How Long does it take to repair your credit score? |
| I'm going to apply as a first-time owner and upon speaking to a mortgager I was told that I had to increase my credit score in order for them to work with me. or have 15% down payment of the ... |
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 Does anyone know what exactly they look for when doing a home inspection for a VA guaranteed loan? |
| Are they just checking major things like plumbing, electrical, etc., or is it also cosmetic things like carpeting and paint?... |
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 How to add another name on title deeds of the property, when i also have got mortgage on property? |
| i dont want there name to be added on mortgage, because they have not got geed credit history.... |
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 Can someone please give me advice on buying a home? |
| I want to buy a house but it seems like EVERY paycheck goes straight to bills and rent, and the money that we do start to save goes to stupid stuff that always seems to come up just when we THINK we&#... |
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 Got a mortgage refinance quote: Too good to be true? |
| A mortgage broker quoted me a refi of $235K with adjustable rate loan at 1.2%, and the monthly payment can increase by only $77 per year. Does this sound too good to be true?... |
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 Can a landord accept a video tape for an inspection instead of coming to the house? |
| i feel that it is an invasion of privacy to inspect your place of living, has anyone ever done it with a tape?... |
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 Any advice selling my house without a realtor? |
We really don't want to get a realtor involved. What steps do we need to take to sell a house and/or where can I get this info?
Any advice would help. Thanks!... |
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 How will his bankruptcy affect my great credit when we get married, especially for home-buying? |
| My fiance declared bankruptcy with his ex-wife about 4 years ago. I have great credit. What will happen when we get married? Also, we would like to eventually buy a house. Should I try to do it alone ... |
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| What would rent be where you live for this apartment? |
one small bed
one bath
one living room with fireplace working
one gross basement
one large and nice kitchen
all new dishwash, stove, fridge, wash, dryer
big backyard
... |
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 Question about all these homeowners going into foreclosure? |
| Aren't the financial institutions hurt when the people default on their loans? They now have a home and no money coming in. Why are these companies not working with these people and trying to ... |
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nlehman79 | Who pays the buyers agent fee when the residential property is being sold by the owner? |
I am interested in buying a property that is being sold by the owner (who does not have a sellers agent). The property information states that buyers agents are welcome. Do owners who sell without an agent typically cover my buyers agents commission? |
 |
 
fttbhsx
|
Lets see, you are going to hire someone to do something for you. But you think he should be paid by someone else. Who the heck do you think he will really be working for?
Its all silly anyway. The seller will finally agree to turn over his house for a !net! amount that he will walk away with. That !net! amount and all the fees the "third" parties collect can only come from the buyer!!!
There will be lots of numbers put down, some on the left, some on the right, but however it is finagled it does not change reality.
All costs that come on the sellers side must already be included in the selling price in order to give the seller the net amount he will sell for.
Both the buyer and seller might be interested in moving the numbers around (better for getting a mortgage or paying taxes, they think), but it still comes down to how much the seller must net and total the buyer is willing to pay. |
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robert S
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Don't be fooled by whether it is buyer or seller who pays the commission. The fine point is that you will only pay for what you think the house is worth when everything is added up and the seller will accept only what he is willing to accept when everything expense is netted out. In the end, It all comes out of the transaction and deducted out of the mortgage proceeds.
One things you want to remember, it is easier to include the commission in the purchase price because the mortage will then covers it. Therefore have the seller pay of it even if you have to increase the price by the same amount. If not it may end up coming out of your pocket because the bank will only lend on the purchase price. |
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Homer J. Simpson
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Who pays as well as what is paid is negotiable. Just make sure that it is spelled out in writing so that there are no misunderstandings. |
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Paul M
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The buyers do not have to pay that fee. If they are welcoming brokers, in all likelihood they are offering compensation to those brokers...however, if you have a buyer's broker (and make sure they really are working for YOU--not working a seller's agent or sub-agent) make sure it is written into the offer to purchase. Of course depending on where you are the legal language may vary, but something along the lines of "Offer contingent on Seller paying Broker (RE/MAX, C21, etc) a fee of x% of the sale price" should do the trick.
If you'd like more free real estate advice, you can check out http://www.boston-real-estate-info.com |
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nature4me
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the owner is trying to save all commissions ,however buyers agents welcome simply means ( yes that he is willing to cooperate ), Pay that fee which would still leave the owner saving half the normal fees. |
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The Man
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Typically the seller pays, however the contract can be written either way, so make sure it says the seller pays. |
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Common Sense
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I suppose it would be up to the seller...
As it says "buyers agents welcome" it may indicate that he will... |
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dt
 |
huh, it's called the 'buyers agent fee'... |
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sexytrojan
 |
The buyers pay that fee. However, you can request assistance from the seller, which means they will drop the cost of teh house. This will reduce your closing fee. |
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habitatrei
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No, the buyer agent represents you, so you have to pay his/her commission.
Good Luck.
http://www.GoodNeighborBuysHouses.com |
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