Asked by Kris, Tracy, CA • Wed Mar 21, 2012
I am working with a realtor looking for home. She just happenned to a listing of her own friend's own home last week and I really like that home. This is a short sale. Now, the plan is my realtor is going to represent both seller and buyer. She is a nice person but on the flip side I want to make sure she didn't end up favoring her friends on the whole transaction itself. What are things I should watch out for? Here are some question I have
1) On short sale scenario, Should I ask the seller to be vacate the house right after the offer is accepted? Or Is it okay for seller to vacate just few days before closing?
2) On my purchase contract, what other terms/contingency I should put in?
3) What are the other things I shoud generally watch for in the short sale transaction?
I am confident she will give me good advice but want to make sure I hear from this great forum as well.
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