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Home Selling in Kensington : Real Estate Advice

  • All53
  • Local Info10
  • Home Buying19
  • Home Selling4
  • Market Conditions4

Activity 3
Wed Jun 19, 2013
Carol Cei answered:
Hi, Belle,

Have you been contacted by anyone? If you know that the home has been purchased back by Freddie Mac you should contact them as they may have a special "new homeowner" initiative. They also my list the house for sale, so that would be the time to express your interest to the listing agent.

Good Luck with all.

Carol Cei
ReMax Action Realty
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Wed Jun 19, 2013
Maura Mcdonnell answered:
6% is not allowed for Conforming loans. 6% is allowed for FHA. Many 1st time home buyers do not have the required funds for down payemtn and closing costs -- thus asking for the assist. Look at the NET # you walk with. Talk to your realtor and focus there rather than the amount of Assist.

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Wed Jun 19, 2013
Erica Ramus, MRE answered:
Trust your attorney's advice! If I were your agent, I would reply "I don't care what you are comfortable with, Mr. Buyer, but the seller is under no obligation to reimburse you for your inspection fee." They rolled the dice and chose to walk. They are out the $495, in my own opinion and I would hold fast to that.

I would indeed ask for a new release to be written. Have your agent write it up, you sign it and offer their deposit back and not a penny more.

Ask your attorney: why could this buyer put a lis pendens against your home? I have never heard of such nonsense
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