you should have had your own representation.
why that seems like a huge negative to some I'll never know...its for your benefit. sellers agent is looking out for the seller, who"s looking out for you?
With that said, you could be waiting for a while, doesn't seem like they have approval yet, just conditions,
A negotiator is probably assigned but hold on here.....they change from time to time, you may be working with one person for a few months only to find that there was a change on their end.
It's all good but you need you "agent" to follow up and at the very least give you updates.
If the property is worth it, hang in there as short sales take a while but worth the wait.
Also make sure that once you have sellers lender approval, be on time with all of your stuff.
Good Luck:)... more
Generally speaking, management fees can vary based on a number of factors. If you will be responsibile for leasing and qualifying tenants, then the fees could be less. If, on the otherhand, you would like the management company to do this for you, in addition to responding to maintenance requests, paying property related invoices, etc., the fees could be greater.
Typically, fees can range from 4-10% of the gross monthly collected rent.
If you would like to speak in detail regarding your properties, feel free to contact me directly via email at firstname.lastname@example.org or via phone at (323) 718-1611.
It is definitely possible to lease a house and work with an agent if your not yet able to purchase. I am a local real estate agent with Rodeo Realty and I can help you find a property to lease in the area you are interested in.
Please feel free to contact me anytime at (310) 717-1321 or JamieTian@RodeoRE.com and I can compile a list of properties that fit your needs and requirements.
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Mold is a health and safety issue. I would also suggest you start with speaking with your Landlord; however, I would do so AFTER reviewing the following document produced by the CA Dept. of Consumer Affairs.
The potential income will allow you to offset your Debt to income ratio. It can potentially increase your prospective loan amount. Call me if you need some help. We have a team of associates specializing in such loans.
Everything is negotiable, however typically seller will pay city and county transfer fees and taxes.
Each city have their own transfer fee for example city of Los Angeles charges: $4.50 per $1,000.00
Los Angeles county transfer Tax is $1.10 per $1,0000
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Lease with option is very rare if at all. It's a sellers market and there a a shortage of inventory in most LA areas. The only time this option may be considered by a seller is if there's an abundance of inventory and properties are sitting on the market for a long time.
I recommend looking into a plan to save and be prepared to buy your own, don't have the down payment but have the credit...there are options in assistance programs for first time buyers.
But, if you're inquiring because your credit is an issue and your hoping to find a seller who'll take a chance and lease to you in hopes that you may be able to buy?
Research your proposed option thoroughly, there are risks for you and the homeowner.
If all parties did not sign the extension and the closing date has passed, there is no longer a contract. Your Realtor should have made sure the extension was signed prior to the scheduled close of escrow. I would have your Realtor contact the listing agent or escrow company to get the cancellation of escrow paperwork so you can get your earnest money deposit back - if the bank is not going to extend your close of escrow. Since you do not have a contract any longer, if you still want the house, you can submit a new offer.
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