About 10 years ago now, when i was 18 i rent a property with a friend and i ended up moving out and took my name off the lease and a few days later my ex flatmate destroyed the unit.. I just wanted to know if i can find out if my name was black listed?
There is no "blacklist" Check your credit report, if your name was not removed they may have filed a judgement against you for damages etc….
I live in Phila Pa where there are tons of home cheap and I would like to start getting some property is this no money low money buy real estate on the level
Manuelmorlote’s suggestion is illegal and unethical, if the payback is undisclosed.
If disclosed, then the most a seller can provide, towards closing costs and escrows, is 6% of the sales price.
The other answers are better.
Rick
http://www.fairwaymortgagelending.com
Trying to buy a home from a trustworthy agent. Please help
john seal at purkey real estate
I am doing a business card for a client. Do I put the equal housing opportunity logo? My client says she needs the Fair Housing logo… Isn’t that the same thing. She say the equal housing opportunity logo is for equal opportunity for people. I say that equal opportunity not equal housing opportunity….. I need to send these cards off. Please any realestate agent or anyone who knows reply… Thanks
You are right. Go to National Association of Realtors website and look at the logos. The picture of a little house with the writing on them. Make sure you don’t use the one for mortgages.
You must be a broker to run a business.
right on the edge
We are looking at a house that is currently involved in a short sale. Our agent already told us the bank wouldn’t pay our costs and wouldn’t budge on the price. The house is for sale for $139,900 and we were thinking of offering $130,000. Is that to dramatic? That’s all we can afford. Or should we look for a house being sold by an agent and talk them down and ask for costs paid. The short sale house may take up to 3 months. And it’s as is, so we couldn’t get a home inspection. Mind you, the house was built in 1998. WHAT SHOULD I DO??
Why would you be offering lower than asking, if you’ve been told the "bank won’t budge" on price? PLUS, most foreclosures are sold "AS IS"…meaning you can have it inspected all you like, but they aren’t gonna fix anything…if you have no disposable income to spend on home repairs at this time, I would NOT be looking at foreclosures.
My husband and I bought one in 2002..and the market value has increased on it by over $100,000 since…however, we are at the beach, on a golf course, and the house was in pretty good shape for a foreclosure. We have spent the last 5 years though, making improvements as we can afford to.
Talk to your lender…consult with a GOOD real estate agent..and be sure you UNDERSTAND anything you’re signing…The lender, realtors, ALL have to disclose to you all the material facts….
PLEASE…be careful…by LESS than what you think you can afford (NEVER go to your top-end unless you are comfortable with higher mortgage payments)…and TAKE YOUR TIME deciding…DO NOT let anyone rush you into making a decision.
My real estate agent gave me a mls listing. She did not go with me to see this house or even contact the owner. I luv the house and Im thinking of buying it. The guy selling the house said, forget about the realestate agent and I could get the house reduced by the amount it would cost to pay my agent. My agent has shown me about 10 different house and has been looking for house that meet my criteria. So I feel guilty if I do this. BUt then again its alot of money i could save. Could the agent go after me or the owner in a lawsuit.
Typically, the seller pays commissions & not the buyer, unless you are in some sort of Buyer Brokerage Agreement where you agreed to pay an agent. If this home is listed in the MLS, why is it allowed to be a FSBO? An "exclusion" may render certain known parties to be able to purchase this home from the seller without the seller paying a commission to the listing office.
Unless you are a seasoned home buyer & have been through this process many, many times, I’d highly advise you take the assistance of a licensed professional.
It is true you may save some by buying the house at a lower price, but you also will have no representation or assistance in the process. To whom will you make out your earnest money check? The seller? What if he cashes it & spends it & you have no means of him refunding it to you should you decide the house is in too bad of condition after it is inspected because there is a bunch of dry rot in the foundation beams?
What if he decides a week later that someone else is willing to offer more than you did & he now tells you he is voiding your contract? Do you know your legal rights? Chances are if he’s willing to cut agent’s out of it today, he’d cut you out as well, if the right motivation came his way.
Who will handle your escrow? Order inspections and in what order do you have them done? Appraisal first or home inspection?
What if your structural inspection yields problems with the house, but you find yourself frustrated in getting the seller to agree to make any repairs or corrections?
What if moving day comes & you open the door to your new home, only to find the seller has removed all the lighting & plumbing fixtures? Or the seller never made any of the repairs he agreed to? Left the house with a bunch of garbage inside?
There are many horror stories. Also as many good, but it’s a risk going through this process on your own without representation from a professional.
I was browsing yahoo’s realestate website and noticed many homes that are in foreclosures. I was unable to find any contact information, other than sponsored links. I would like more information on these homes and the purchase process.
Perhaps I can refer you to a new website, www.BuySellListings.com. It provides Pre Foreclosure listings posted by homeowners. There’s no cost to view the listings, plus you can contact the seller directly.
Unlike other site, Information is always up-to-date because it requires the seller to log into their account and manually renew their ad once it expires. Only serious sellers post there.
As for the purchase process, you can ask a realtor or a foreclosure lawyer for advice. Good luck.
i have a potential buyer- the seller hasn’t signed a "listing agreement" with me, but has informed me that he will go w/who ever gets him a higher and best offer. He is an older stubburn guy!!
in any case, my buyer’s offer came in less than what he is asking by 25K.
How can I convience him to sell? and list with me?
NOT SHOR SALE/NOT BANK OWNED
Property is paid off/they are older and want to move on to a smaller place.
THanks.
You will not convince him to just ignore 25k, that is too much money.
Wish him well.