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Home Buying in 12589 : Real Estate Advice

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  • Home Buying4
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Activity 4
Tue Feb 4, 2014
Brandon Leibowitz answered:
Has anyone tried Prospect Mortgage since all the bad rap on BOA keeps appearing. I tried Prospect last year and was pleased at the ease of the process. I thought it would be a loooong drawn out process but it was completed within a few weeks; not months! ... more
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Fri Aug 3, 2012
Marc White answered:
Short Sales are very difficult to "figure out". With all the problems in the banker industry, these have taken the brunt of the blows. There is no rhyme or reason to the time it takes to close one...I had one close in less than 30 days, another that took almost a year. (Maybe the government can bail them out again). ... more
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Fri Aug 3, 2012
Mack McCoy answered:
Oh, right. Thanks, Debbie.

Actually, I don't really care that "consumers" "hate" "cheerleading." Rah Rah Rah!

Real estate speculators have always made their money buying low and selling high; the trick is, knowing when low is low enough. And you only know that for certain after the fact.

But homeowners should have another set of concerns, mainly - how do they want to live? And there's no single right answer for everybody, not even a general set of guidelines.

If homeownership is your desire and your situation allows, most of the time, that's when you'll buy. Sometimes, you won't. Life goes on either way.

One secret to success in real estate sales is to focus on the people who actively want to buy and sell, and leave the rest for another day.
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Wed Feb 10, 2010
Voices Member answered:
If you were sick would you go see a doctor for professional advice? If you needed legal advice would you seek an attorney? If you are buying or selling a home why wouldn't you seek out a professional experienced in that field?

As a buyer you would want to seek out a buyer's agent who is versed in representing buyers.Having your best interests as a client, that agent will not be representing a seller and will negotiate on your behalf, just as an attorney would do.

Yes a buyer's agent may ask you to pay a fee to locate your home if the circumstances were that no compensation was being offered from a cooperating broker or a seller. No one can work for free unless they are independently wealthy.

In the event the cooperating broker was offering a compensation to the buyer's agent chances are the agent would accept the fee and not change you. That's a question you'll need to ask your buyer's agent because everything in life is negotiable except death.
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