Home Selling in 01776 : Real Estate Advice

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Lew Corcoran, Real Estate Pro in Easton, MA
Lew Corcoran answered:
Our house is on the market for WAY less than we bought it for 6yrs ago. Is it possible to sell for less than we owe but continue to pay the rest?
The short answer is yes, it is possible to sell your home for less than the mortgage balance and pay the remaining balance over time. You will have to sign a promissory note at settleme ... more
0 votes Share Flag Wed Jun 22, 2011 Home Selling in 01776
Keith Sorem, Real Estate Pro in Glendale, CA
Keith Sorem answered:
Commission question
The only people that should advise you should be the Realtor and/or their broker.
Also, if the agreement is in writing, a copy of the buyer/broker agreement.

My suggestion to ... more
0 votes Share Flag Mon Dec 14, 2009 Home Selling in 01776
Anne Meczywor, Real Estate Pro in Lenox, MA
Anne Meczywor answered:
What if the seller has no agent, i.e. the owners are selling their house, and the buyers have a broker. Who pays the broker's fee then?
In response to your follow-up message, you are following the same line of thought that the seller is. He already is "saving" the fee in his mind, so in a sense you are both t ... more
0 votes Share Flag Tue Sep 29, 2009 Home Selling in 01776
Donna Moy-Br…, Real Estate Pro in Framingham, MA
Donna Moy-Bruno answered:
Does the buyer's broker commission come out of the seller's asking price?
Let's face it, the selling price of the home has everything to do with everything -
The listing contract with a seller specifies the fee that the listing agent will receive and from th ... more
0 votes Share Flag Sat Mar 21, 2009 Home Selling in 01776
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