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44321 : Real Estate Advice

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  • Local Info3
  • Home Buying2
  • Home Selling2
  • Market Conditions0

Activity 5
Sun Jun 30, 2013
Thomas McCombs answered:
I understand your concern. You want to net the most money when the deal is done, and you are afraid that paying a Realtor's commission will hurt too much.

Studies have shown that Realtors generate higher selling prices and less hassles than selling "FSBO".

That being said, the FSBO sites you are referring to are cheaper but provide very few services, and it is probable that you will still pay the selling Realtor her full commission.

Studies have also shown that buyers understand that FSBO sellers have no one representing them, and are likely to offer much less than the listed price.

The forms you asked about, the Buyer Synopsis Report is available thru the MLS -- which means the home has to be listed by a Realtor -- while Property Disclosure report is free and available online or from a title company.

You definitely should use a title company for the closing. There are just too many areas in which a mistake would be very costly.
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Wed Jun 27, 2012
Jeff Holloway answered:
Mon Aug 3, 2009
tom roberts answered:
Fri Jul 10, 2009
Maribeth Edminister answered:
Closing costs and prepaid expenses are basically one and the same. 3% is the standard that most banks are willing to pay. Check with your lender to get a HUD statement that will provide you an exact accounting of what the costs are exactly. ... more
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Tue May 13, 2008
David M. Childress answered:
HI Renee, that is one of my primary areas and I have sold or bought 6 condos this year. I have two clients looking for condos at the moment. Please look at my website and contact me if you like what you see. Internet marketing is key these days and my listings are on at least 8 websites such as this one, Trulia. Thank you. ... more
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