Tony Vega

If she showed you the property and you want to buy it, then she can make a case for both sides of the commission. A listing agent told me once by showing it, she "caused" the sale to happen. I don't know if it is true but I can see the point.

Redfin tried to charge me to go look at property....so why bother? - Wed Nov 19 2008, 09:30

have fun showing yourself??? - Wed Nov 19 2008, 01:06

I am not a real estate pro but I bought a house in June and am in escrow as the seller on the same property today. I should clear 40-60K post tax so I am doing ok.

Thanks for asking. - Thu Sep 25 2008, 15:45

Hi Marcus

I just bought a 4 bedroom home in Lake Forest that I would be happy to lease to you for $2,400 a month. If you would be interested in paying my mortgage for me, let me know. I would greatly appreciate it. Thanks - Wed Jun 4 2008, 14:48

I would be careful of going in at 95% of asking price not knowing what the situation is. I just bought a home that was a foreclosure but it was still on the market 90+ days before I made my offer. I offered well below 5% less and got my offer accepted. If it had been on the market just 1 or 2 days and already had offers, I would in no way have gotten it if I offered even 1 penny below asking price. I already had missed out on 3 houses by offering below or even the full asking price.
Beware of anyone who tells you to go in at a set discounted rate. You are either not going to get the house you want or you are going to pay too much. No matter how much posturing and negotiation might be needed, the highest and best offer is going to be the one the bank takes. - Tue Sep 2 2008, 14:46

Sorry for the confusion. I didn't realize that I did not get FHA. I just know that rate is what I got..and like I said the purchase price was very close to yours. I guess 3% down versus 10% makes a difference.

As an owner/investor though, if you are putting 3% down, your cash on cash return over the next 10 years is going to be phenomenal...so congratulations! - Mon Jul 14 2008, 10:08

With all due respect Porchlight Scott- Just beacuse you can't offer a rate doesn't mean that it does not exist. I put down 7% and the seller contributed 3%. My rate is 5.875 fixed for 30 years.

Your arrogance is appalling. Especially when I would think as a loan professional you would want to use this forum to showcase your knowledge, not your ignorance.

Keep trying to protect your inflated commssion dude. Not all loan brokers are greedy like you. My broker is a family member so yes I got a better deal than most.... but there is a big difference between 5.875% and 6.875%. If you can't handle the truth, go check out bankrate.com. 6.875% would be the HIGHEST rate of anyone on there right now. The only reason I can imagine that you would argue how great a 6.875% rate is to save face in front of the clients you have obviously been charging the same too.

You don't know me, but I don't appreciate being called a liar. What's even more sickening, is how you try to look like a hero by calling me a liar then try to get this guy to send you his docs so you can see if you can beat the rate. Then low and behold, you can like eveyone else can. sickening dude....sickening.

You are exactly why no one trusts real estate agents and mortgage people anymore. - Sun Jul 13 2008, 23:27

I locked a very similar amount at 5.875% today with no points and just over $2,000 in closing costs. on a house in Fullerton. If you are not buying down the rate, a good chunk of that 10K is your mortage brokers commssion.

Let me know if you want my mortgage guy's phone number. - Fri Jul 11 2008, 22:51