Contact the Office Manager or Broker in Charge where your realtor works and explain that you don’t want to sell and need to terminate your listing contract. Your listing contract is with the brokerage - not the individual realtor. The person in charge at the brokerage needs to sign off to cancel your contract. You will also need to call your agent too.... more
You can and should pay your regular bills. What your lender means is the same week as closing, lenders will contact your employer to verify you’re still employed at the same company and they will pull your credit again to verify you didn’t go on a shopping spree or buy a new car. Lenders may ask for bank statements again to verify the cash is still there.
I know it’s stressful but as a former realtor, I told my buyers that as soon as you get the keys, you can buy what you need - not before.... more
I would think so - we were mysteriously dumped by this uppity woman at this local company and never understood why - did she talk to another realtor who said don't deal with them because they don't make my job easy (aka take $200,000 for a $500,000 home? we not gonna do it) - i hate backstage gossip - you can never defend yourself against it... more
A seller concession helps a potential buyer qualify to purchase. It is especially popular with those VA veterans loans. The seller will concede to give money back to the buyer at the closing to cover these costs. In most cases, the seller is mainly concerned with what they are netting. The price lowers your actual selling price, meaning how much money you are actually walking away with.... more
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Depending upon how old the pre-fab home is, it may be worthless. We frequently walk through a nice 55+park, which has mostly single wide pre-fabs. (The park was built and most of the homes were moved here in the mid-60s) so very few originals are still
here as most had gotten so old, that they were dozed over, and new single, or double wides brought in. The old ones were not only worthless, but the owners had to pay approx. $10,000 to have them torn down, and hauled away. Now lets compare those costs to site built homes...... Most neighborhoods built in the 60s with site-built homes, are today worth 10 times what they cost new. This is factual, check it out. Which would you rather have?
My wife and I bought a home built in 1950 (before they were building pre-fabs). Today that home which we paid $15,500 for in 1964 is valued at over $700.000. (Granted, it is located in a higher real estate market. (Seattle). Hope this helps.... more