Yes, each party should be represented by their own Realtor. If you're a sophisticated buyer or seller, there are some possible benefits to using the same Realtor to represent both sides such as streamlining. For everyone else, I recommend having your own exclusive representation. Read the referenced article:
IVE FINALLY SEEN THIS GEM IN A GREAT NEIGHBORHOOD.....THEE OWNERS ARE SO NICE , AND GREAT PEOPLE TO DEAL WITH.......STONECREST DRIVE IS A LOVELY STREET OFF SILVERADO TRAIL 5 MINUTES FROM DOWNTOWN NAPA.......A REAL TREASURE, WITH LOTS OF POTENTIAL...CALL AND MAKE AN APPOINTMENT TO SEE THIS LOVELY ....THANKYOU JIM BEAM... more
All things are negotiable, if the agent is willing to do that for free, they are big enough to know what they are doing. As long you are upfront, it is only wrong if you use the agents time and services and secretly plan on using and paying another agent. Yes you can pay them for their time as well.
Do your homework on what the rules of the autcions are, when can you inspect the home, when can you back out if you find something going on that is not acceptable.... more
I am probably a little late to comment on this, but the cost of FHA is pretty high right now. So with that credit score you would do best to go conforming, but if the loan amount is over $417,000 your down payment goes up to %10. So to keep it down to a 5% down and get the best deal, you need a max purchase price of $438,900 or so.... more