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All Locations : Nationwide Real Estate Advice

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  • Home Buying267K
  • Home Selling46K
  • Market Conditions26K

Activity 511,109
A few minutes ago
Elliot.clark asked:
I'm looking for a fathers day gift. I don't want to be stingy as I remember walking past a $40 home brew kit and he stated if he were to buy one for himself he would buy something…
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A few minutes ago
Mikiljon answered:
I think 1% is unrealistic, but having said that I think fees are too high for the work that is being done. I sold real estate in the 1980's and much more work was being done by the agents. When you worked out of a MLS book the size of an old time phone book, with two inch black and white pictures, you had to physically go to and see the properties in your area to know where to take your clients. Now clients look properties up on the internet and tell the agent what they want to see. When I bought my last home a few years ago, the agents I engaged took me to properties they had never seen. On such property was even next door to an actual junk yard. What a waste of my time and theirs. When I finally found an agent who would show me properties she had previewed, even then the house I bought was one I had found on the internet and asked my agent to arrange a showing. The fact is that now most people are more knowledgeable about the whole process and do a lot of the work themselves. They also pay for a lot of work the old time agents use to do. Most houses are now sold with an inspection contingency. Thus relieving the agent from the responsibility of finding all the flaws, which by the way the buyer pays for the inspection out of their own pocket. After the contract all the legalize is handled by the Title Company, which by the way the seller pays the Title company. Then of course to handle all this paperwork and legalize the buyer and seller are paying closing costs. I feel that since the buyer and seller are doing more of the work and paying fees for what the agents claim they are handling, that the fees are too high. And a flat rate structure would be more in line, paying the agent a fair amount for services rendered. Real estate is a commodity like any other item and the times are changing how everything is being sold and marketed. And like every other sales person out there you just have to sell more to make more money. And I believe real estate agents are freed up to have more time to sell more houses. They even tell you that they don't do open houses anymore because people buy from the internet not at open houses. Anyway that is my personal observation. ... more
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A few minutes ago
Sandra Ronald answered:
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A few minutes ago
Jack_banister asked:
A few minutes ago
Dr.pavone answered:
No Money Down? What a question. However I believe it is possible. In fact I know some mortgage brokers can get you the needed loan if you are qualified, have good credited score and good paid job, no bad credits or prior default any loan decline would be an obstacle that you cannot overcome it, furthermore you must have all other expense to close the deal such as loan points, inspection fee and one most important point that property you are buying with no money down must apprised for more than the asking price.
Good luck.
Dr. Luigi Pavone
www.FSBAREALTY.com
... more
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A few hours ago
Thornfaye answered:
i have done sign a contract that i thought was a proposal, but i find out it is not, they marked i will pay all closing cost and any other fees, is this right,
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A few hours ago
Aaron Lovett answered:
I'm late seeing this - sorry. 580 is a minimum credit score for some of the mortgage brokers that I work with. If you would like more information, feel free to contact me directly.
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A few hours ago
Jenny Nicholson asked:
Have seen all old units getting carpets pulled out and replaced w laminate, as the complex is doing "upgrades". Worried they still might pull a fast one and try to charge me anyway!
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A few hours ago
Ronguerrera66 answered:
Make sure the revenues (Rent) exceeds the (Costs) expenses. Don't count on appreciation of property value. Do your diligence and research within the local market to find out to determine if it's worth it. ... more
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A few hours ago
Rich Reed answered:
Here is a link you might find helpful, but I would recommend you consult with your own attorney for current relevant information.

https://www.salvolaw.com/blog/2014/07/california-credit-card-debt-after-death.shtml ... more
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A few hours ago
Rich Reed answered:
Hopefully you are working with a Realtor as you exclusive buyer representative. You should consult with your agent, your broker, and your attorney.
Generally, you could be at risk of the Seller canceling your purchase agreement, following the specific steps in your agreement. Unless otherwise specified in the agreement (usually not) after the Seller cancels, the Seller would be able to subsequently sell to someone else without regard to the new price.
Hope this is helpful!
... more
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A few hours ago
Allison Mather asked:
I want to buy a house this summer that's decent in size, and in a good school district. The houses I'm seeing in my price range are not in a good school district. Then, I come…
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A few hours ago
staceysfiles asked:
That does not make for a very accurate picture of current market trends, does it?
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