Go straight to the seller and let them know what price you would like to pay and that you will no longer be dealing with the agent. The seller needs to know that the agent is a very expensive liability.
I have influenced sellers to fire their agents and sell me their property. It works so much better with only a buyer, seller, closing attorney.
Btw, comps older than 3 months should not be considered.... more
I am a Real Estate Broker & not a lender, but what your lender has told you is consistent with lenders I deal with. Your credit score should be just high enough to qualify for a VA loan, if you have your VA eligibility (if not, you can go to the VA website & apply). However, due to your self-employment, you will need to prove a minimum 2 year track record of making a profit (actually earning a living). Some self-employed people do fine, but the way they structure their tax reporting, it looks like they make no money. They do not get approved for loans. So, you will need to take a look at your taxes that you file and make sure you show a profit each year. Consult with your lender on just how much profit you need to show in order to qualify for the loan amount you are seeking.
Good luck with the planning. And remember to save, save, save. Even if you can get 100% financing...having money is always good!
Associate Broker, Keller Williams Realty
Sounds like you may be trying to represent yourselves and dealing directly with the Listing Agent. His job is to get the most money possible for that home and to protect the interests of the Seller. If that is the case, you are simply a customer, not a client. You need someone to look out for your interests.
See http://www.trulia.com/blog/ellen_doc_stephens_realtors/2010/03/why_do_i_need_a_buyer_s_agent for a complete discussion.
Contact me if you want to be introduced to a strong Buyers Agent in Plano.
Doc Stephens, REALTOR
Keller Williams Realty
San Antonio, TX 78230... more
Thank you Justin for answering absolutely nothing....and the house went into foreclosure just after the revoked short sale...it sold foreclosed on for over $50,000 less than we offered for it in the short sale.
Your answer makes no sense and is 'all over the place' too.
The process is broken. We have happily bought a foreclosed on home to the detriment of the original home buyer since the banks are NOT working in good faith with purchasers or borrowers in a short sale. I know the original home owner - trust me - this worked out to the detriment of all involved but the bank.... more