you can only get a loan for the appraisal value??? Why would you want to pay more than it's worth??? I guess if you really love it and have the cash, go for it. But, if they take it to auction, you will probably buy it for less. To answer your question, if you can execute on the contract, the bank must also. - Fri Jul 4 2008, 21:50
Depends. If you will email or fax your contract, would be glad to review. I do know this...a seller cannot sign a contract for more than one buyer at a given time. They cannot sell their property to two buyers, right!!! Have an attorney look at your contract??? - Fri Jul 4 2008, 21:44
Doc,
Lots of good feedback. Personally, I think you should ask your colleagues. I am sure there are several in your new office who have purchased homes. Once you ask around, decide on 2 or 3 agents, do the background checks, and then interview. There are several top notch agents out there, find the one you feel most comfortable. A referral says a lot about an agent.....more than anything you could read or anything they could tell you. Best of luck with your search for an agent and your new home. - Mon May 19 2008, 19:47
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