Brick Bungalow on oversized corner lot. Octagon front with side entrance. 1st floor features living room, formal dining room, eat-in kitchen w/walk-in pantry, full bath and 3 bedrooms. 2nd floor is unfinished with lots of potential for expansion. Full basement w/exterior access features laundry room and rec room. Newer roof, flood control and more!!! BEING SOLD AS-IS BUYER TO ASSUME VILLAGE REPAIRS.
List price $189,000... more
No, there is no conflict of interest, so long as the agents are doing their jobs properly. The commission is the same regardless of whether the two agents work for the same broker. The commission IS tied to the purchase price, so in ANY transaction your statement is true: the higher the purchase price, the higher the commission (unless the commission is a flat fee determined in the sales agreement). The Seller's agent represents the interests of the seller and the Buyer's agent represents the buyer. Just because they work in the same office, they should not be sharing any information with each other that might damage their client's negotiating position. Even if they are married, as long as they are doing their job properly there's no conflict of interest. In Florida, where Transaction Brokers work both sides of the deal, even the SAME INDIVIDUAL, knowing the secrets of both parties, can act as a limited representative to both sides and conduct a sale/purchase with no conflict of interest, AS LONG AS S/HE IS DOING THEIR JOB RIGHT. It all comes down to ethical conduct.... more
Maybe, but it's not as great as YOUR interest in the property.
Look at it this way - this is a place you're considering spending the next several years of your life in, there may be a thousand or two incentive for agents involved; then, again, there might not.
A better question might be, "Do I think my agent would zitz me over on a deal for $1000?" We don't know the answer to that, but if you thought they would, maybe they shouldn't be your agent in the first place.
Almost any home inspection can do a termite inspection. They cost around 75.00. Do you need this to close on a home? You can also call terminex, I don't know how much they might charge. It's not expensive at all.
Home this helps. Look up home inspections in the internet. Not difficult to find.... more
This townhome is on the market for $137,500. This is a "short sale", which means that the Bank need to approve it. The taxes are $3,160 a year and monthly assesment is $175 a month. If you have any more questions you can e'mail me at email@example.com... more
If they have already been foreclosed on, then the banks who own the units would have to be paying monthly fees towards the upkeep, maintenance, insurance etc of the condo association. You will have to assess if it is self managed or if they had hired a management company, you would have to have an attorney or someone review teh condo docs to make sure if no one is managing it, to vote a president and manage the association paying common building insurance and taxes while having money to pay short term maintenance such as mowing, snow removal etc and a long term maintenance reserve for roof, painting etc... You have a long hard job if everything is up in the air.... more
It sounds like somebody did not do their homework. If you are 1 week from the closing on an 'as is' purchase, as all REO's are, and your attorney has not keep on option for you to back out of the deal, then I think you are stuck with whatever problems there might be.
I find it hard to believe with an inspection on 3/6 you are still jerking around trying to figure out what problems you might have. You should have told your attorney that there were possible 'issues' with the inspection that needed resolution so he could protect your options. Your agent does not sound like the sharpest tack in the box either from what information you give, but there is probably more to it than that.
You need to talk with your attorney to find out your legal options, if any asap.... more