Free Soil : Questions & Answers

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Dan Tabit, Real Estate Pro in Sammamish, WA
Dan Tabit answered:
How much lower can a buyer typically offer the seller on the price of a short sale property? Is there a good rule of thumb?
Sean,
Step one is to find out if the house is currently priced right. For many experienced short sale agents, when they first put a home on the market, they might price it competitiv ... more
0 votes Share Flag Sat Aug 25, 2012 Home Buying in Free Soil
Michael Emery, Real Estate Pro in Minneapolis, MN
Michael Emery answered:
What does "subject to third party approval of short sale mean"?
The bank has to approve the sale as they're the one losing money on the deal. It's considered a contingency in most contracts, much like an inspection contingency. All short sales will ... more
0 votes Share Flag Mon Jul 2, 2012 Home Buying in Free Soil
Martin Popp, Real Estate Pro in Farmington Hills, MI
Martin Popp answered:
Is seller required to repair failing septic after 14 months of sale?
Hi Cablegirl163

When purchasing a home you should have had an inspection clause in the PA for the home and the septic field. It is best to always have the home inspections done no m ... more
0 votes Share Flag Fri Jun 22, 2012 Home Buying in Free Soil
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