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All Locations : Nationwide Real Estate Advice

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A moment ago
Stephanie Pankau asked:
I am a landlord who posted a property for rent via Zillow. Zillow sent it to other sites. I expired my posting Monday or Tuesday. It is now Thursday afternoon and Trulia still has the…
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A few minutes ago
chadoi46 asked:
Previously, I could open all information from Trulia. Please help as I am looking for a home and the past few notices would not open.
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A few minutes ago
800creditscoreman answered:
740, 750, sometimes 760. You are considered excellent at that point. You will get the best/same rates if you have those scores as a person with a 825, for example.
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A few minutes ago
Lena Becker asked:
I have a listing that is not associated with my profile on trulia. I posted a home for rent on Zillow and the number that is appearing on Trulia is wrong. I have an account but the two are…
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A few minutes ago
Sid.hudgens asked:
Hi, I am a buyer on a short sale. The seller has agreed to concessions to cover closing costs; however, the bank has rejected the sellers concessions. I simply cannot afford the additional…
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A few minutes ago
Don answered:
Do a market analysis and if you don't know how to do one, then hire an appraiser. You also should understand that the net proceeds can be different depending upon the type of offer - e.g. cash, conventional, or FHA/VA. Also the proceeds can vary depending upon what the buyer and seller agree to pay in closing costs. Personally, I doubt seriously that you or the buyer benefit by trying to complete a sale without a PROFESSIONAL real estate agent to guide you through everything from contract to closing.

How do you know your buyers have the cash or have the financing to complete the transaction? If the deal falls through, will you be able to keep the earnest money? How much earnest money should be enough to bind the buyer to complete the purchase? Just a few considerations. There are many more.
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A few hours ago
Don answered:
O.P. Let's start with the obvious - you signed a contract and by signing the contract you are accepting the terms of the contract. Most contracts I have seen specify the listing and selling commission. That may not be the case in California. I think the listing agent should have been very clear about the commission structure. Common sense would suggest that the selling commission be competitive with other properties because no one makes anything until the house sells.

It is hard for us to tell you what your legal remedies are without seeing the contract. I would reread the contract and if the listing agent/broker has clearly done something that is not covered or agreed upon in the terms of the contract, then they broke the contract, rendering it invalid. You should send a notice of termination before pursuing other options.

However, before doing any of this, I advise you to contact an attorney because if you are wrong then when the house sells by anyone to anyone, you may be liable to pay a commission to the listing broker.

Don't rule out the option to discuss all of this with the listing broker to seek clarification and to renegotiate the listing agreement if mutually agreeable. If you are unhappy with the listing agent ask the broker to consider assigning a new agent. Technically, the contract is between you and the listing broker and the commission is paid to the listing broker who then pays out to the listing agent and the selling broker (which could be one in the same.)
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A few hours ago
calvin.gibson27 answered:
Have a relative or someone you trust direct deposit the money in their account and write a check to you as a Gift. The bank will accept that.
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A few hours ago
Freftodd1942 answered:
Mcintosh county do 75 yrs old have to pay school tax
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A few hours ago
Vp830 answered:
You should make an offer or bid immediately to secure the property;then get the home inspection once your offer is excepted. Of course, if the inspection turns up something that causes you not to then want to buy the home, you can withdraw your offer or request that the seller make repairs. You state that the sale is contingent on the outcome of the inspection. ... more
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A few hours ago
Rich Reed answered:
Hi, Rick. Agents typically work for a broker and your purchase agreement, and other agreements, are actually with the broker not the agent. When you are represented by an agent/broker a legal "Agency" is created. Some possible reasons to seek termination of Agency could be due to the broker's/agent's professional abilities or conduct. Examples could include misrepresentations or failure to disclose, lack of knowledge with an area or type of property, being non-responsive to the client by failing to be timely or return calls, disclosures of conflicts of interest, self-dealing or negotiating skills. Before you hire a new agent, you should be certain that any Agency you have with your old broker is properly terminated and you should advise your new agent of the previous purchase agreement.
Talk with your agent and your broker.
I am a real estate broker qualified to advise you on California real estate matters, not the law. If you desire legal advice, consult with an attorney.
Best of luck to you!
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A few hours ago
Rick Martin asked:
A few hours ago
Speedygon_17 answered:
sofi.com/share/219153

Check with my loan provider at sofi, they are great and helpful with whatever need that you had.
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A few hours ago
Greentekfirst answered:
An online preliminary title search would be the best way to perform a title search on real estate for liens and encumbrances in an expedited time frame. Especially if there are deadlines for the online auction site purchases today. Free foreclosure activity reports are provided by U.S. Title Records which was recommended to us by Auction.com and U.S. Tax Lien association https://www.ustitlerecords.com ... more
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