Wow....it's funny how no one has actually answered this questions correctly. If you are advertising on the MLS(there are flat fee brokers that will put your property on the MLS for a flat fee up front and you do all the work) that you are paying a buyers agent and a realtor is buying the home then yes they are entitled to receive a comission. In Florida a realtor buying your home is required to disclose that they are a realtor. If you advertise it somewhere other than the MLS and have no contractual agreements to pay a commission to a buyers agent then you don't have to pay anyone. I have shown properties next to for sale by owners.....have knocked on their door and asked them to sign something saying that they will pay me a commission if my buyers buy the home. If they sign it then I show it.....if they don't then I won't show it as there is nothing securing my pay for the work rendered. So if you don't have it on the MLS and you don't have anything in writing then you owe nothing to anyone.
Eric Chavarria P.A.
Future Home Realty Inc
Brookberry Farm is an exceptional neighborhood with great amenities. So exceptional that my wife and I chose to build our dream home here in 2011. Please do not hesitate to contact me for assistance in buying, selling or building in Brookberry Farm.... more
If there is a question about commission, it should be put in writing with a confirmation of agency and commission form. If you appreciate an answer, please give thumbs up. For the most helpful answer, please say thanks with a best answer click.... more
Out of 30 randomly picked incidents in the last month, 7-23-13 to 8-23-13, there were 3 reports of larceny (shoplifting ) with one being a stolen laptop from a restaurant. 4 or so assaults in the apartment/condo areas. The rest were less serious as in traffic accidents, alarms, license checks. What crimes you are concerned with and what "a lot" is defined as is uncertain.
Businesses tend to provide opportunity for larceny, that's typical. Vagrants are like bears, they acclimate and wander into residental areas eventually. In that neighbourhood, that is not common. Sometimes that to the fact that it is actually the much higher traffic and population that the citizens are always visual and moving so do well to police their own areas.
As for homes, at about a 2% (per 100,000) annual burglary rate in all of Winston-Salem of 300,000 people, I personally think taking sensible and somewhat passive measures regarding your own home: lights, cameras, pets, alarms, low shrubbery, strategic thorny landscaping, frustrating entry systems - storm doors, screened windows, bolt locks and the like -- and the odd hornets' nest and bear traps placed here and there (just kidding!) -- is just common sense in any neighbourhood, along with knowing your neighbours and showing general vigilance is all you need to enjoy living anywhere here.... more
You need to speak with a bankruptcy attorney. Your legal right and ability to file for Chapter 7 Bankruptcy is not related to your ability. or not, to short sell your home. The house will become part of the bankruptcy estate and will be dealt with following the bankruptcy laws in your State.
Get yourself professional advice. You will be able to sleeo at night.
Much will depend on just how poor, however there are other factors that determine mortgage qualification, such as income, debt, etc.; therefore for a personalized answer visit with any licensed loan officer; if you don't yet qualify, he/she may offer great suggestions as to what needs to be done. See links below for helpful information...
With the caveat that I am not a lawyer, my understanding is that you cannot do this because the deed you provide to the 1st mortgage holder would still be encumbered by the 2nd mortgage, which they would not want unless both the 1st & 2nd are held by the same lender. There might be inter-departmental problems with this, but you could approach them.
I'm not sure about the rest of your ? Call me at (336) 782-1237 to explain more of what you are asking & I'll see if I can help.
Each multiple listing service has a public website and www.realtor.com is the national clearing house for multiple listings. These update regularly and should have an indication when properties go from active to something else.... more
I concur with Mr. Story's answer. As a relocation specialist, I know that the mounds of paperwork and policies of each third party relocation vendor can be overwhelming, intimidating and exhausting. It does sound like perhaps the seller (relocatee) was making the call in this instance.... more
What one would call "good" depends. If you want a short commute to work, then good would constitute staying within the city limits of Winston-Salem. There are many good neighborhoods to choose from up to $250k, depending on how many rooms you need and how much land you desire. Many of the older neighborhoods closer to city central have sidewalks and tree lined streets. These are also closer to shopping, banks, and conveniences. Clemmons and Lewisville are very popular bedroom communities only 10-15 minutes from downtown Winston-Salem. Kernersville offers the most flexibility to really experience the Triad.... more
While everything below is for the most part accurate, it is all also inaccurate. Since this status means you are considering back ups, there is nothing in the contract that states you have to stop considering back up offers. As a seller, you have the right to continue to show the home until YOU alone are confident that the buyer you are contracted with will be able to complete the transaction. That COULD be before the end of the "Due Diligence" period, or it may be the day of closing. Any agent who has been around for any length of time can tell you, all contracts do NOT close.
In a buyer's market as we are in now, Buyers may or may not be willing to "pay" for the Due Diligence period. If you are lucky, you will have competing offers that will place you in a stronger position to negotiate such fees. But I would not count on that happening. When the market turns around, I anticipate most offers will be accompanied by a Due Diligence fee.
As a member of the NC Forms Committee that created this form, I was involved in countless hours of debate and discussion over this with top agents from all over NC. My opinion also reflects their popular concensus as well.... more
Where can we see your listing?? The home being on the market for 2.5 months is nothing for our area...I think the average is waaaay over a year. Yes the numbers may less than that but it does not take in to consideranion being listed with another agent or agents and maybe even for sale by owner before that!! The home sounds very nice but the value appraisers are giving for the lower level no longer is even 50% of the main level. Consider a price reduction be below your market competition, not with it! Your square footage on a main and a lower level is not competition with one that is on two stores or one level. You may need a new market analysis to stay current with the most recent sales which are probably lower than when you first listed your home. If the basement bedrooms do have closets and do have windows they can be counted as bedrooms, otherwise they can not. the basement square footages are being counted now at about $20-$25 a square foot....... more
Merri, yes our market too is down from the peak in 2006 and part of 2007. I have been actively on top of it all going to real estate related meetings to see what the "experts" feel is going on. This is how I can prepare expectations for any seller or buyer. EVERY neighborhood is different, of course, and that is how we must create our market analysis in preparing a price for any particular home in the WS area. According to a local reknowned appraiser of land, home and business properties, the values overall are at 2003 or 2004 prices. Of course your neighborhood could be different and we could determine that by creating your personal analysis on the most recent sales in your area and what your competition looks like. This month, I am having two properties sell and another one in January. You may want to think about getting your home on the market sooner rather than later, because in the spring the flowers are not the only thing popping out of the ground...so are the real estate for sale signs!!... more
My average response time from relocation companies has been 4.5 business days. Often times I find that part of the delay can be the listing agent not submitting the necessary paperwork to the relocation company and not following up to make sure they have everything they need and not building up a sense of urgency to the relocation company. As long as your agent is checking in with the listing agent enough but not too much your are doing all you can. Good Luck!... more