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22003 : Real Estate Advice

  • All17
  • Local Info2
  • Home Buying7
  • Home Selling1
  • Market Conditions0

Activity 10
Sat Dec 3, 2016
Alysse Musgrave answered:
The seller's agent is being paid based on the sales price; it's in their best interest to get the seller the highest price. You don't have access to or knowledge of the relationship between the seller and their agent so you really can't make these assumptions. Bottom line...the listing agent and seller owe you nothing. Make your best offer first.

Buying a Home? Don't Let Them Make a Monkey Out of You! Follow the link below.

Alysse Musgrave
Consumer Advocate/
Exclusive Buyer Broker

Best selling author of Buying a Home: Don't Let Them Make a Monkey Out of You!
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Sat May 28, 2016
Abol asked:
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Mon Feb 9, 2015
Scott Polly answered:
Any funds put into an escrow account would also accompany an addendum that reflects what the money is to be used for, and how much the amount is for your repairs; signed by the buyers and the sellers. For example; if you have an agreement for an escrow amount of $5,000 you can use the entire amount, as long as it specifies $5,000 being a credit to you in the addendum from the sellers for these repairs. So, your entitled to use the entire amount, as well as select whoever you want to do the repairs.

Scott Polly
Keller Williams Realty
Vienna, VA 22182
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Wed Jul 17, 2013
Colleen Smith answered:
I would definitely consult an attorney. You might also be able to find the owner by viewing the real tax records for the county you live in and that might tell you who the current owner of the property is. ... more
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Tue Oct 16, 2012
Stewart Gardner answered:

I just completed a rental in this community for $1350 per month and the unit had an updated kitchen with fresh paint and carpet. If you have interest in a detailed report of what is available here, let me know and we can drill into individual units and compare their features. ... more
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Fri Apr 29, 2011
Phil Bolin answered:
The answer for most of these questions is: it depends. Whenever you have direct communication with the decision-maker, the answer should come within 3 days. If you don't have direct communication (short sale, estate sale, bankruptcy, etc.) the time frames vary widely. ... more
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Sun Jul 18, 2010
Duane Murphy answered:

Three things to remember with any bank involved sale PATIENCE - PATIENCE - PATIENCE! Stay the course and consult with your REALTOR. If they sent you a counter-offer then at least they want to do business with you.

Best Regards!
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Thu Jul 1, 2010
Sandy Leaf answered:
CNTG/NO KO - you could put an offer on it if the seller is accepting back-up offers. Your offer would be considered only if the original buyer/contract falls through
CNTG/KO - you can place an offer on it at any time. If the seller likes your offer better, they can give the original buyer notice requiring them to remove the “kick out” contingency. If the buyer does not comply with the terms of the notice and doesn’t remove the “kick out” contingency in time, the original contract could become void and the seller could accept your offer
CONTRACT - at this stage of the game, the chance of the deal falling apart is extremely small. If you’re really interested in the property, have your Buyer’s Agent contact the Listing Agent and ask them to keep you in the loop should the contract fall apart. Your Buyer’s Agent and you can also place the property on your “watch list” which will alert you of any change to the status (aka from CONTRACT to ACTIVE/back on the market
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