Trulia Community - Advice from neighbors and local experts

Find Your Community
We couldn't find that location. Please try again.
Get Expert Advice

Home Buying in East Moline : Real Estate Advice

  • All11
  • Local Info1
  • Home Buying3
  • Home Selling0
  • Market Conditions0

Activity 4
Tue Nov 10, 2009
Sean Dawes answered:
What do you mean for sale on contract?

Do you mean listed for sale with a realtor which involves contracts?




Sean Dawes
0 votes 1 answer Share Flag
Mon Sep 14, 2009
Edith Karoline Jasser answered:
Hi, Why would you want to use another agent to make a new higher offer???
It seems that your first offer was not the only one and then they went through inspection or the buyers backed out for other reasons, who knows....

But I do not see any reason for you to use another agent (this was your buyers agent, I am assuming...
an agent who is working for YOU who presented your first offer, that was rejected by the Seller throught the sellers' Realtor (the listing agent of the property), correct...

You can just contact YOUR agent and ask to present a new offer.... if now the Seller does not have another offer at hand, and the offer they accepted (may be for other reasons than the price, could have been other terms, a higher down payment, faster closing whatever!) fell through, they may just consider your original price you offered or at least negotiate it up with you and then you still have time to have an inspection done etc. etc.

In your situation I would sit down with your Agent (did you sign a buyer representation contract with your original agent?) discuss the situation and see what your agent knows, and then proceed with an offer!

Good Luck to you!

Edith Karoline - YourRealtor4Life!
Working always in the very BEST interest of her clients ...
EdithSellsHomes@gmail.com

By the way if you know of anyone thinking of buying / selling Property in the city of Chicago or any of the Northern/Northwestern suburbs or anywhere on the Northshore, refer them to me and I promise them first class real estate services... THKS!
... more
0 votes 1 answer Share Flag
Sat Apr 11, 2009
Dina Caffrey answered:
If the house has an accepted offer you can put in another offer. If the house is under contract you cannot.
In todays market the seller is not always accepting the highest offer-the terms of the sale are as important.
i.e. - Does the buyer have anything to sell? How much money do they have for downpayment? Do they have a good credit score and will be able to get a mortgage with no problem?
... more
0 votes 2 answers Share Flag
Sun Dec 7, 2008
Vicky Chrisner answered:
Why are you looking at a Rent To Own? These can be very, very good, or very, very dangerous. Make sure you are involving an attorney to represent you, most real estate agents do not even know their way around these transactions.

If you are in a declining market, and you are agreeing now to buy in 1-2 years, what happens if the price drops below the agreed upon price?

Many renters today are finding that the homes they are in are being foreclosed upon, and they are being forced to move with little notice and never getting their deposits back. What would happen to your transaction if the current owner failed to pay his loan?

Good luck
... more
0 votes 1 answer Share Flag
Search Advice
Search
Home Buying in East Moline Zip Codes

Followers

120