debracooper

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  • Real Estate Professional
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  • 9132194070
debracooper,  in Olathe
  • 6 Answers
  • 3 First Answers
  • 2 Useful Answers
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debracooper's Questions (0)
debracooper's Answers (6)

Closing on a home...

debracooper answered:
Hi Gen,
You need to know if this property is Bank Owned....if it is, then you will need 30 to 45 days to close. The Title work seems to take longer with foreclosures. All Sellers have different circumstances. I have seen homes close in as little as 2 weeks, while others can take months to close. Hope this information helps. Best of Luck! - Thu Sep 4 2008, 19:26
debracooper answered:
Hi Nicolette,
I just need to clarify my answer. First, I am not an attorney, as I think a previous post insinuated. I was only trying to explain the usual steps in procuring a property in the state of Kansas. There are too many questions outstanding with your initial post. Your best bet is to sit down (I see that you are in Utah) or conference call with your agent and your agents broker to sift through the details of your offer/contract? Like I said earlier, seek legal advice if you need to. Best of Luck! - Sat Jul 12 2008, 18:17
Wow...first things first. In the state of Kansas, you the Buyer will draw up an initial offer with an attached earnest deposit. Once the initial offer has been negotiated between Buyer & Seller and all items have been addressed, and all parties are in agreement, then all signatures are obtained (whether it be on an additional counter-offer addendum, or by intialing the original offer with changes). Next, the Earnest Deposit must be deposited in an Escrow account within 5 Business days of the acceptance (effective) date in the State of Kansas. I would make an appointment to sit down with your Real Estate agent and their Broker to sift through the details to help you better understand your situation. As always, you can seek legal advice. Best of Luck. - Sat Jul 12 2008, 15:25

how do i enroll a new student?

debracooper answered:
Hi Mysique,
Try this website. It is for the Witchita, Ks school district. I am assuming that you are looking for K-12? Please let me know if you are looking for a Private School or College, and I will see what other information that I can find. Best of Luck! - Wed Jul 9 2008, 07:42
debracooper answered:
Good Morning Telisia,

In your question, you said you were offered a deal? Is this a Family member or close Friend? Your best bet is to contact a local Real Estate agent to help you navigate through all of the obstacles. Like Jerry said in a previous post, if the Seller is asking more than what the current market is bringing in home values, you could definitely be setting yourself up with a tremendous headache.
You are more than welcome to contact me with any questions that you might have. I have included my website below. - Wed Jul 9 2008, 07:12

Looking for a realtor

debracooper answered:
Hi Jay,
I understand your concerns. First, the behind the scenes "Agent to Agent" "Broker to Broker" agreements need to be explained. Let's say you find the perfect home. You contact the Listing agent to view this home. You view the home. You decide that it is not the right home. You move to the next home of interest. Once again you contact the listing agent, and start the process over again. Now let's say somewhere along the line, you form a professional relationship with an agent. You do sign a Buyer's Agency agreement. Now you want to look at the 1st home that you originally viewed on your own with the origianl listing agent, but this time with your Buyer's Agent. This will now create a sticky situation behind the scenes with the "Agent to Agent" "Broker to Broker" agreement. When you looked at the first home, that Listing Agent can provoke "Procurring Cause," meaning, they were the reason (the first to show you the home) and earn the full commission. Now you have a Buyer's Agent, who will see to it that you purchase your dream home, but possibly could get no paycheck (procurring cause), or at least a referral from the listing agent.

Now let's back to the original question....Yes, You can use the Listing agent to view and purchase their listed home. No, you do not have a responsibility, or continuing agreement to use that Listing agent to view further homes. Yes, you should shop around (I would prefer you to interview agents in their offices, just pick up the phone and call, not in the field while you are looking at homes). Yes, you can contact the listing agent to view the home that you are afraid will get away.

In our business, we do not get paid until the transaction is complete. We are always willing to take a chance on a Buyer to purchase. Buyer's need to take a chance on an agent as well. Good Luck in your Home Search! - Mon Jul 7 2008, 07:40
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