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Home Selling in Palm Desert : Real Estate Advice

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  • Local Info19
  • Home Buying59
  • Home Selling6
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Activity 15
Tue Oct 4, 2016
Michele Miller asked:
Your site reads "1 Bathroom" but in actuality, THERE ARE 2 BATHROOMS. This will make a huge difference in the interest and ultimate sale of this condo. IT MUST BE CHANGED ASAP.
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Thu Aug 25, 2016
Msmith asked:
Sun Jan 18, 2015
The John Jay Group answered:
Fri Nov 21, 2014
Rachell Sheehan answered:
Termite reports are provided to the buyer from the seller unless agreed otherwise in the contract. Closing costs are paid by the buyer unless asked in the offer of the house. I advise me clients to at least ask for the seller to pay 1/2 ... more
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Fri Sep 19, 2014
Annette Lawrence answered:
I understand.
This can be confusing.
Never lose focus on the concept you are negotiating.
The one who blinks first loses.

I've bounced 'last offers' as many as six times before closing.
This is were your agents understanding of negotiation and game theory is essential or realizing there is much more to a purchase offer than the price.

If the home has been on the market 4,111 days, 'One and only' may not be real OR you now know why it has been on the market for so long.

Consider, if while you were visiting the home, were other buyers lined up to enter as soon as you left?
'One and only" can mean there are competing offers in the air.

There is no way for you to know with certainty.
Now is the time for you to offer what the home is worth to you and shorten the dance.

Best of success,
Annette Lawrence, Broker/Associate
Palm Harbor, FL
... more
0 votes 6 answers Share Flag
Tue Sep 16, 2014
Jennifer Fivelsdal answered:
Fri Aug 15, 2014
Maryanne Jackson answered:
The secondary liens on the property will need to be paid off or negotiated by the first lien.
Your negotiator assigned to you by the bank should be aware of this.
In many cases the second lien will settle for pennies on the dollar. This is pretty common with short sales.
It may cause delays in the sale but, the second liens are normally pleased to settle and get paid something.
Good news is property values are improving-the bank may order a second appraisal that comes in higher than the first, and counter the FIRM offer you currently have and end up getting more cash from your buyer to accommodate the SECONDARY liens that need to be NEGOTIATED.
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Fri Aug 24, 2012
Garrigus Real Estate answered:
I don't think so, William. As Ron already said, Trulia listings are posted by real estate agents and brokers on their MLS, which is then fed into the Trulia website.
0 votes 2 answers Share Flag
Tue Feb 22, 2011
Susan Miulli answered:
Hi Anna,

Is your condo a seasonal rental or are you looking for someone to rent it on an annual basis. If it is a seasonal, then I would recommend using a reputable rental agency. There is no need to use the office that is on site when any good agency can handle it. If you are looking for a tenant for an annual lease, then any Realtor can list it for you. Some don't take rental listings, but many of us do. Please let me know if I can be of assistance.

Best regards - Susan
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Mon Sep 28, 2009
Tiffany Fairfield -Ecklund answered:
Thank you. I will forward my Bio and web site to you. I have over 25 years local real estate experience with proven results. I have also been a local palm desert resident since 1976.
0 votes 2 answers Share Flag
Wed Sep 2, 2009
Tammy Davis answered:
It depends on the lender. I recently spoke with a loan officer with Wells Fargo/Wachovia and they are doing loan modifications on investment property.
But spoke with a representative with IndyMac and they will not.
So everyone seems to be different ~~
... more
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Wed Sep 2, 2009
Penny Raygor answered:
Yes I know a GREAT One!! Email me if interested in contact information.
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Thu May 1, 2008
Keith Sorem answered:
I am not an attorney. You should consult with one that practices Real estate law in your area.
Sean is probably right, although local laws and customs may vary.
To have a binding contract you need three things:
1. An agreement of Agency, in California called an Agency Disclosure Agreement. It authorizes the agent to represent you. No agreement, no representation, no contract.
2. If you have no listing agreement that you have not given the agent any authority to represent you in the sale.
3. It sounds as though you signed a purchase receipt (an offer). IMHO without the agency I agree with Sean, you probably do not have a contract.

There are also a couple of other issues that might be relevant:
1. Is the agent licensed? I don't know where Rogers is, but you should be able to look up online and see if the agent has a license. They may be in violation of the laws that govern their license (that means report they situation to the regulatory agency).
2. Is the agent a broker? Most agents work FOR a broker, who is legally liable for what happens. The agent is an agent for the broker, and once the agency agreemement is signed, they are an agent for you. If the agent is not a broker and has a "boss" , I would definitely talk with them if the agent is not cooperative.
3. If the agents is a Realtor, it sounds to me that there may be a Code of Ethics violation. I would call the local association of Realtors and ask for a complaint form. The complaint, with copies of any paperwork, is submitted to the Greivance committee, which will review the complaint. If they feel that it is valid, then it is submitted to the Professional Standards Committee which will arrange a hearing. If the Realtor is in violate of Code of Ethics, they can be fined, suspended, or other punishments.
... more
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