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Home Buying in 32908 : Real Estate Advice

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Activity 3
Tue May 19, 2015
Diane Christner answered:
Contact a local attorney to go over your situation with you and suggest what options you have. Most of the people answering questions on this forum are real estate agents and we cannot give legal advice for the obvious reasons. Good luck, I hope things work out for you. ... more
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Sat Jan 5, 2013
801hartsdale asked:
Agreed to pay 5% commission on sale of property. may receive lease purchase for 6 month to year. Broker wants half. What is common? What provisions should be in place for buyer backing…
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Wed Mar 5, 2008
Tman answered:
So far you've received two good responses ... It takes time.

The reason why it takes time.? ..

Lenders have never carried enough manpower (or spent the money) to cover large car auctions, boat or yacht short sales or foreclosures, let alone having the foreclosure figures double .... 1988 or 2008 it makes no difference, unless you know "somebody" nothing has really changed - same long time frame for foreclosures.

You can always get an attorney, but that never guarantee's anything except paying two people instead of one for the same results ..

I've been to 50+ closings .. and closings can get organized and can get done inside of a few hours if everything is done correctly .. if things get bottled-up you can wait an extra 5 or 15 days on a regular closing (it's almost common) so keep in mind there's other issues here ... there is no "non-compliance", the property is involved in a foreclosure.

That said ... I would nicely get in touch with the listing agent and find out what is going on, they might also connect you to the lenders agent, and I would nicely do a timeline with them and see what "could" be an approximate closing date and stay online with everyone on a daily basis ..and more than 2 calls a day doesn't hurt ~ "if" you do it nicely and you're calm.

You'll get a lot further with a small bottle of honey than 55 gallons of vinegar in a case like this ... patience is a virtue here.



:^)
... more
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