If the listing agent does not supply a fully signed purchase contract with the counter, then selling agent makes a request for page 8 of the RPA to be initialed at three different spaces to accompany the counter to present to buyer because the timing of when this page 8 of RPA to be initialed is crucial according to a CAR attorney.... more
The listing agreement is between the seller and the listing agent. The buyer nor their agent is a party to that contract so there is really nothing to amend. The cooperating broker commission is the amount stated in the MLS by the listing agent. If an offer was written, the cooperating broker will get the amount stated in the MLS at the time the offer was written. Hope that helps.
Good luck,... more
Hello Greenwoodins, that information could be furnished to you by an agent that would do research on listing your home. Are you looking to sell and buy again?
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You are asking multiple questions that seem to show you need to be asking your agent or lawyer what you have really gotten into...most of the questions are not a 'one-size-fits-all' type question and only someone that knows all of your facts can answer fully. Good luck... more
Well if you can borrow money at 4% which after taxes only costs you 2% then if you would have invested the money at 1% you will save $4750 a year.
But... if you would invest that money in a stock fund that grew at 7% a year, then paying cash for the mortgage would cost you $23,000 a year.
On the other hand if your income is low enough that you have very little taxes to pay it would save you $9500 a year.
So it depends on a number of factors. If you did not know there are something called an Indexed annuity that never goes down in value, it is tied to the stock market and passes to your heirs with no estate tax. It is liquid, safe and tax deferred. It is
What I am saying how much you save, will be different than anyone else based on your situation, Give me a call and we can review your situation. No charge , no obligation. 714-968-2500
By the way I am a mortgage broker, I do not sell annuities.... more
Typically sellers prefer cash buyers as there's no worry about the buyers not being able to obtain a loan. However, accepting an offer from a buyer goes beyond cash buyer or not cash buyer. Your would need to understand the term of the contracts etc. I would suggest that you discuss this with your realtor.
If your agent does not know how to post a listing as part of their marketing plan, they should ask their broker for training. They can easily sign up for a free account and post your listing to their account. As well there are many more sites it should be posted as well as using an Active Rain blog for marketing your home.... more