Oh, we realize the dangers. At this point, I would be more than happy for them to just return the deposit and pay the expenses incurred thus far. In my way of thinking, they have already proven to be dishonest, but I won't be the one in default.... more
Most insurance agents can write policies there, but beware that all insurance agents are not created equally - especially if you live or are buying in an area that requires flood insurance.
I have recommended Kim Frulla with Boyles Moak to many of my clients and every one of them has had great things to say about her - and she almost always saves them money.
I doubt she would have a problem with me posting her info here, but just in case, I will not. Just contact me via email (either through Trulia or use my website contact form (click link in web reference below) and I will reply with her contact info.
Your agent should be able to answer this question for you as long as you have your own agent and are not working directly with the agent of the seller (you need to be represented in agency capacity, not in a custoemr or dual agency scenario).
If you are financing the property and the appraisal came in below the contract price, our standard Realtor sales contracts have contingencies for appraisal. If the box was checked that it is subject to appraisal, and the appraisal came in below the contract price, then you are not obligated to complete the purchase but the seller is not obligated to reduce price either.
If you were expecting a higher appraisal for equity purposes but the appraisal still came in high enough to support the purchase agreement, then you are still obligated to complete the purchase or forfeit your earnest money.
All that being said, if you are happy with the property and the price, and the appraisal was high enough to support financing - why wouldn't you consummate the transaction? It is, after all, the same property and price. As long as there were no material changes or defects. If something else is bothering you, talk it over with your agent.... more
Hi. I'm Misty Mink with Century 21 Guice and Associates. We have a home for rent in Ocean Springs for $1000 monthly. It's a 3 bedroom 2 bath home. 1,300 sqft If you are interested and would like to set an appointment to go and view or if you have any questions you can reach me at firstname.lastname@example.org. You can also reach me by cell at 228-235-3399 or at the office 22-875-1131... more