Repair Addendum All Locations : Advice

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Ron Thomas, Real Estate Pro in Fresno, CA
Ron Thomas answered:
Are so-called health and safety requirements immune from the inspection period deadlines?
Possibly, you should invest in a Water Analysis:
For more reasons than one, it might be a good idea.
0 votes Share Flag Wed Dec 19, 2012 Home Selling in 97446
Laura Coffey, Real Estate Pro in 91355
Laura Coffey answered:
Is buying a foreclosed home the same as buying a home for sale?
If you buy it through listing agents. You can also buy foreclosed homes through auction.
0 votes Share Flag Mon Dec 17, 2012 Home Insurance in Delano
Lance R King, Real Estate Pro in San Francisco, CA
Lance R King answered:
Can I cancel a purchase agreement because of errors?
If you think your agent messed up you should speak to the managing broker at his/her firm. If you don't like the answer you get you may want to seek an atty's advice, but it's impossibl ... more
0 votes Share Flag Mon Dec 17, 2012 Home Selling in Novato
Alissa Spears, Real Estate Pro in 78382
Alissa Spears answered:
Adding my wife to purchase agreement contract
Easy, have your REALTOR add her through an amendment and have all parties sign and then execute. Super Easy! Happens all the time.
www.HomesInRockport.com
0 votes Share Flag Thu Dec 13, 2012 Home Buying in Los Angeles
Joseph Roraff, Real Estate Pro in Onalaska, WI
Joseph Roraff answered:
Are foreclosed homes safe to buy?
Yes. Foreclosed homes are just homes that someone couldn't afford to continue living in or they missed some payments and the bank took the home back and is now trying to sell it to make ... more
0 votes Share Flag Thu Dec 13, 2012 Home Buying in 17851
Mitchell Pea…, Real Estate Pro in San Jose, CA
Mitchell Pearce answered:
Should I remove loan contingency?
galabing:

In this lending climate, it is never good to remove the loan contingency till the deal closes. Don't take a lock for less than the time necessary to close the deal. You c ... more
0 votes Share Flag Sat Dec 15, 2012 Home Buying in San Jose
Sinead McAll…, Real Estate Pro in Oceanside, CA
Sinead McAllister answered:
Is it advisable to waive termite inspection contingency in a short sale?
Hi Kalusimbu,
I would still have a termite inspection done so you know what you are getting yourself into.

Thanks!
Sinead McAllister
Broker
McAllister Homes Real Estate
858-205 ... more
0 votes Share Flag Mon May 20, 2013 Home Buying in 92122
Chris Harris…, Real Estate Pro in 89135
Chris Harrison answered:
I need to do inspection on the short sale I am buying, the seller has a tenant there and the process is stalling. What are my rights?
Yes, it is ok.

Unfortunately, this is starting to become a common theme. With Short Sales taking so long to close, and Sellers hurting for money. The owners technically still own th ... more
0 votes Share Flag Sat Nov 17, 2012 Home Buying in Las Vegas
Ron Takeuchi, Real Estate Pro in Glendora, CA
Ron Takeuchi answered:
Fannie Mae House, old roof and electric system?
Hi UK88,
Yes, foreclosures are stated to be sold, "as is". However, a skilled, trusted agent should help you strategize the question whether/how, to ask for repairs on this home. Dep ... more
0 votes Share Flag Thu Nov 15, 2012 Home Buying in Duarte
Suzanne MacD…, Real Estate Pro in 07856
Suzanne MacDowell answered:
I'm currently looking to purchase a home. Are there any advantages to going with a "foreclosure expert" vs a "normal"?
In my opinion, yes. Nothing is more likely to derail a short sale or foreclosure purchase than having anyone on the 'team' that does mot understand the process. These purchases can ta ... more
0 votes Share Flag Wed Nov 14, 2012 Home Buying in North Royalton
Jon Griffith, Real Estate Pro in Scottsdale, AZ
Jon Griffith answered:
Can you make an offer when the agent says home is under contract already??
Nothing, really. If the house is under contract, it's under contract. You can make an offer, but the seller will counter and write backup terms into the contract, or the seller will s ... more
0 votes Share Flag Tue Jun 3, 2014 Home Buying in 75042
Don Tepper, Real Estate Pro in Fairfax, VA
Don Tepper answered:
Can we contact selling agent?
You can but shouldn't.

Your agent represents you.

I'd suggest, instead, that you contact your agent's broker. Explain the situation, your frustration, and your concerns.

Hope t ... more
0 votes Share Flag Mon Oct 29, 2012 Home Buying in Kentucky
Morcos Azer, Real Estate Pro in 90650
Morcos Azer answered:
Is it better to go directly to the listing agent to buy a house?
NO, is not better. It is the same. Listing agent is an agent as any other agent and if the listing agent feels any confelect, he/she will advise buyer to get their own agent.
0 votes Share Flag Sat Oct 25, 2014 Home Buying in 90240
Ron Thomas, Real Estate Pro in Fresno, CA
Ron Thomas answered:
appraiser told us that the exterioir of the home we are purchasing needed to be chipped and reprinted in order for us to obtain loan.
As your Realtor probably told you;
You give them a NOTICE TO PERFORM.
0 votes Share Flag Fri Sep 14, 2012 Home Buying in 15065
Ron Thomas, Real Estate Pro in Fresno, CA
Ron Thomas answered:
I signed a contract to buy a condo. Inspector says there are areas within the condo that needs to be repaired.
That would depend upon who is doing the repairs:
If the SELLER is doing the repairs; they should be finished before the Close of Escrow, unless you have given permission to the contrar ... more
0 votes Share Flag Wed Sep 12, 2012 Home Buying in Portland
Kathy Hutchi…, Real Estate Pro in 20639
Kathy Hutchins answered:
how to avoid continuing negotiation after ratified contract?
Put in the contract an "as is" addendum meaning you are not going to do any repairs or address any cosmetic concerns to the property. This needs to be part of the ratified contract. If ... more
0 votes Share Flag Thu Sep 6, 2012 Home Selling in 20854
Tonya D Grav…, Real Estate Pro in Columbia, SC
Tonya D Graves answered:
Is a seller responsible for agreed upon contractual repairs after closing?
Check your sales contract for a "survival" clause.
0 votes Share Flag Sun Mar 31, 2013 Home Buying in 29201
James Gordon…, Real Estate Pro in Cincinnati, OH
James Gordon ABR PBD SFR SRS answered:
We are interested in buying a home that is a short sale.
On a short sale the sellers lender will never see the addendum to the contract. They are not a party to the contract You need to ask why is your Realtor® pushing this. I list short s ... more
0 votes Share Flag Fri Mar 8, 2013 Home Buying in Wylie
Lynn911.com…, Real Estate Pro in Dallas, TX
Lynn911.com Dallas Realtor answered:
Can I get my initial deposit back due to loan contigency?
On professional can render an opinion we are not part of the executed sales agreement which governs how all parties what can or can't done

Lynn911 Dallas Realtor & Consultant, Credit ... more
0 votes Share Flag Tue Aug 28, 2012 Home Buying in Denton
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