This is a question that you need to ask your real estate agent. If you do not have an agent, contact your attorney. It would depend on the agreement made in the contract and if you are liable for anything if you pull out. After 2 months, it is very possible that the contract is expired. Also ask your lender when your loan expires before having to update everything again.
Pulling out of a contract just because it is taking too long may not always be the right choice. Find out first if your agent can call the title company and estimate how quickly the issues can be resolved. After 2 months, most likely there have been a lot of cost involved in getting the home to close. In real estate while most homes close in a reasonable time, it still is very common for issues to happen that extend a closing beyond the intended closing date. So basically you could go through this again even with another house.
Good Luck!... more
If you are interested in purchasing additional investment property I have storage units for sale on Highway 603. Drive by traffic is huge at that location and could be a great source of visibility for you. It also has a double billboard on the property that a sign company leases and maintanes the board, electricity, and handles all zoning. You would have this income, plus income of the 37 units that stay at 90% capacity. Call if you are interested or email me at email@example.com and cell phone number is 228-806-5633.... more
I have a lot for sale on the Jordan River right now for $40,000. It is at the end of Devon Street and has water on all three sides. Owner is ready to sell so call me or email me if you would like me to send you a link with all the dimensions and details of the property. firstname.lastname@example.org or 228-806-5633. Jode' Braxton Hignight
Cameron Bell Properties... more
Everything in life is negotiable but you will find you pay for what you receive. It has been my experience that agents with minimal experience or lack of work will decrease their fees in order to obtain business. Up front this sounds good until you are knee deep in the poo with them and realize they have no clue what they are doing. These same agents also tend to more easily negotiate away your asking price (if they can't protect their money, how will they protect yours) which alone is a mistake that easily can cost you that 1% percent you assumed you negotiated and I would estimate it could cost you an additional 3-5% on top in poor negotiating skills.
Finally, it's important to remember the assumed commission to a buyer's agent is 3% so if you cut the entire commission, you will be offering less which may harm your listings potential of being exposed by the agents that actually have the clients. Why would they "waste" their buyer on your 2.5% when they can get 3% from the majority of homes on the market. Your home will have to sell itself because a buyers agent won't be cheering for their buyer to pick that one. The commission is sliced into a 4 part pie. 3% to the selling company, 3% to the buying company, and each company shares that with their agent on their own split.
If you want to insure you get the best price for your house and save the most money, pick the agent that fights the hardest and holds you to the 6% commission because that same agent will fight for you to get fair market value for your property. Test them at the listing appointment when you interview your three agents and you will quickly find which one will make or save you the most money and it will have nothing to do with commission fees.... more
Would need more info to give you an accurate price range; acreage in the Kiln is selling for around $12000 an acre depending on the location. Would need to know the age and condition and interior of the mobile home.... more