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Home Buying in Washington : Real Estate Advice

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  • Home Buying145
  • Home Selling28
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Activity 2,308
A few hours ago
Imdougsbabe asked:
Sat Sep 16, 2017
Jim answered:
Yes without equivocation. You must use the proper legal language so that when you accept any one offer, all other offers are automatically withdrawn and no longer a bonafide offer. You would need to make sure that all sellers understand that even if they sign an acceptance of your offer, it is not effective until you have received their acceptance "IN HAND" and subject to being null and void at the very moment you accept another offer.

Another possible approach would be to "ASK" if the seller would be "willing to SELL" at $XXX amount. This is NOT a LEGAL OFFER to purchase.

In each instance, I would inform each seller that you are making multiple offers. I did this very thing several years back when attempting to replace income properties under a 1031 exchange.

Use exculpatory clauses whenever and wherever you can. The more, the better if you want to have the ability to withdraw and receive ALL of your earnest money deposit. If you use a promissory note as an earnest money deposit, make sure it has appropriated exculpatory clauses so you do not lose your deposit money.
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0 votes 54 answers Share Flag
Wed Sep 13, 2017
connoranne answered:
i personally feel as if it is impossible i tried two different places to get a home, i am the reason why my husband and i cant get a home loan do to a couple of things on my credit. my friend had told me about this company called select us i had eneded up calling them and going with them. they had mt collection accounts removed and i was in my dream home in less then 6 months. it was so worth it i couldnt be happier! ... more
1 vote 8 answers Share Flag
Tue Sep 12, 2017
Robert Greenblatt answered:
HI Jason,
Thank you for your service!
I work with a large national VA lender which can probably assist:

Mark Dischert
Veterans United Home Loans
800-814-1103 x3355

Good luck!

- Robert Greenblatt
Keller Williams Realty
Military Relocation Professional
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0 votes 1 answer Share Flag
Thu Sep 7, 2017
Arek answered:
hallo.We have new construction home ,but not finished.We like to sell this.We live in north port fl.my question is:howcan we sell this? thanks
0 votes 20 answers Share Flag
Sun Sep 3, 2017
Ussenif answered:
I pre approuve for of 300.000and I want to buy a house for 250.000, and use the rest for my business is that going to work, is the bank will allow me?
0 votes 78 answers Share Flag
Thu Aug 31, 2017
smileqing answered:
The contingent loan approval states that we have to get academic degree before closing, but very likely the degree will come a few days behind that. It means that we cannot close on time and the seller charges $250 per day. I want to keep the financing contingency, but they say that since the loan has been conditionally approved, we have to remove the financing contingency, is that true? ... more
0 votes 1 answer Share Flag
Tue Aug 29, 2017
PattyB asked:
Loan was denied due to CAIVRS. Once investigated, a CAIVRS suppression approval was submited to a HUD HOC. How long does it take them to clear CAIVRS?
0 votes 0 Answers Share Flag
Sat Aug 26, 2017
Hpcounselor asked:
Renton and My other half will most likely find a job in the Seattle area potentially farther out like Tacoma. We are coming from a much cheaper area where a 2500 sq ft house with a pool…
0 votes 0 Answers Share Flag
Thu Aug 24, 2017
D.A. asked:
Ideally: within 1-1.5 hours to Seattle (via roads or ferry), private beach with lots of our own shellfish, near good salmon fishing/crabbing waters, some privacy (i.e., neighbors not on…
0 votes 0 Answers Share Flag
Sun Aug 13, 2017
MrHouse answered:
We're mostly concerned about resale value 5 or 10 years from now. Since it's the builder's mistake, they won't charge us extra. The house is in the framing stage, and we just noticed the frame for the new wall today. I like the loft, wife likes the extra bedroom, but we're both pretty ambivalent.

It's an empty open spot at the top of the stairs designed to be converted into a bedroom on-demand.
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0 votes 1 answer Share Flag
Wed Aug 2, 2017
answered:
consider using the surplus credit that's left after using it for the closing costs / loan fees / prepaids ( ins taxes and interest ) to buy down the rate
0 votes 2 answers Share Flag
Wed Aug 2, 2017
answered:
use a simple PSA addendum and spell out the details regarding the realtors credit to you
0 votes 1 answer Share Flag
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