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Mount Vernon : Real Estate Advice

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  • Local Info2
  • Home Buying2
  • Home Selling0
  • Market Conditions0

Activity 4
Joseph Scroc…, Real Estate Pro in Wildwood, NJ
Sun Jun 30, 2013
Joseph Scrocca answered:
If you feel the info on Trulia has been helpful do all of us a favor. Please write your federal representatives (congressmen & senators) and demand the repeal dodd/frank in full. This is a big reason why you are having trouble gettin a low mortgage amount. dodd/frank imposes limits on lenders on what they can charge borrowers. pre dodd/frank lenders could price loans based, in part, on loan size. dodd/frank has caused many lenders to put a floor on the loan amounts they will entertain because they could actual pay money to do a loan as low as yours.

Please,, do yourself and the country a favor and demand dodd/frank be repealed. it is garbage legislation drafted by 2 of the biggest criminals (chris dodd & barney frank) to ever hold elected office.
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Jennifer Snow, Real Estate Pro in Mount Vernon, NY
Tue Jun 25, 2013
Jennifer Snow answered:
Yes Carol, and I personally have many friends and co-workers who are African American whom live in and around Mount Vernon. In fact, my director whom I work under is African American-Italian. We also have a large Latino population as well. My husband and I foster teen girls and have had 3 bi-racial and African-American live with us with no issues at school which was Mount Vernon and Fredericktown Schools. Hope this answers your question. ... more
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Valerie Berr…, Home Buyer in Sevierville, TN
Wed Oct 31, 2012
Valerie Berridge answered:
Mount Vernon schools are pretty good, but like any other school, the child will get out what they put in. My daughter and my nephew both attended MV. One went into the Air Force and has graduated from college and the other is going to college to be a Pharmacist. ... more
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Daniel Plomb…, Real Estate Pro in Frederick, MD
Thu Aug 4, 2011
Daniel Plombon answered:
Each state and broker is different when it comes to paying commissions. Typically, a seller has an agreement with a broker to pay that broker a commission when a property is sold. That listing broker then pays a portion to the selling broker....however, this is usually done in a way that makes it appear to be paid by the seller.
In some states, a buyer agency agreement may be signed between a buyer and client. These agreements usually stipulate that a commission is due to the buyer's broker. They also normally have language that states that the commission due from the buyer will ultimately come from what is offered by the listing brokerage.
One thing you have to keep in mind is that if you sign a buyer agency agreement that says you will pay a specific amount of money to your buyer agent, and the commission which is paid through the listing agent is less, you could legally be on the hook to make up that difference!
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