Robert Munn wrote:
> Michael,
>
> One thing I would emphasize is that in a real estate transaction the seller
> pays the realtor's fee.
The seller pays the fee. Then they give you that BS that they will only
work with you if you are exclusive with them. What a huge conflict of
interest. A
Hey Mike,
Here's the response from my boss (longer than I'd expected):
---
Dear Michael,
This was forwarded to me by Isaac Dealy in my office. I am in the
real
estate business here in Florida and am licenses as such by the state.
We
develop software for the real estate developers of co
Sent: Monday, January 17, 2005 9:25 AM
To: CF-Community
Subject: Re: First Time Home Buying
Usually, at least here in California, a title or escrow company
holds all money and documents until close of escrow. If you and
the seller go to them and explain the situation they can probably
guide you thr
Usually, at least here in California, a title or escrow company
holds all money and documents until close of escrow. If you and
the seller go to them and explain the situation they can probably
guide you thru the disclosures and paperwork required. Some things
like termite inspections and title ins
I would either go to a low end realitor (we have them for 1.5% out here), or
see a real estate attorney to make sure everything is done properly. The other
thing that I would do is hire a reputable termite inspector. He'e not just
looking for bugs. He is checking for dry rot etc... Its been a
day, January 16, 2005 5:36 PM
Subject: Re: First Time Home Buying
> That can depend somewhat on the market and your arrangement. In WI we
> have seller's agents but we also have buyer's agents. So in my case
> when buying a house I got a buyer's agent to represent us. W
That can depend somewhat on the market and your arrangement. In WI we
have seller's agents but we also have buyer's agents. So in my case
when buying a house I got a buyer's agent to represent us. When the
purchase time came the two agents split the fee 3% each.
-Kevin
On Sun, 16 Jan 2005 16:44:2
Michael,
One thing I would emphasize is that in a real estate transaction the seller
pays the realtor's fee. So in theory you are saving 6% by cutting out the
realtor, but in reality your savings will depend on the price you pay for the
property v. the price you would pay if you used a realtor
> who I am close with mentioned
To his wife, who is a lawyer...
Sorry, that is kind of important :-)
~|
Find out how CFTicket can increase your company's customer support
efficiency by 100%
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> think using the "fixed fee" approach may give you best of both worlds.
Thanks Jeff, sounds like a reasonable option. I think my fiancé and I will
be in better shape than we first thought. Cutting out the middle man, and
thus 6% tacked on the cost of the home, is a huge savings. On a 230K home,
At 03:04 PM 1/16/2005, you wrote:
>Subject: First Time Home Buying
>From: "Michael T. Tangorre" <[EMAIL PROTECTED]>
>Date: Sun, 16 Jan 2005 14:34:15 -0500
>Thread:
>http://www.houseoffusion.com/cf_lists/index.cfm/method=messages&threadid=15588&forumid=5
welcome :)
> Thanks Ike. :-)
>> -Original Message-
>> From: S. Isaac Dealey [mailto:[EMAIL PROTECTED]
>> Sent: Sunday, January 16, 2005 2:46 PM
>> To: CF-Community
>> Subject: Re: First Time Home Buying
>>
>> I've been working for www.sit
> Good luck with it!!! 6% is a big savings!
Sure is
~|
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based on a long-ago business-law class I can tell you that nothing in
Maryland law requires a realtor but you guessed it, if there isn't one
you do the paperwork. Make sure you have a good lawyer. A different
one from the seller's.
Dana
On Sun, 16 Jan 2005 14:34:15 -0500, Michael T. Tangorre
<[E
Thanks Ike. :-)
> -Original Message-
> From: S. Isaac Dealey [mailto:[EMAIL PROTECTED]
> Sent: Sunday, January 16, 2005 2:46 PM
> To: CF-Community
> Subject: Re: First Time Home Buying
>
> I've been working for www.sitemanageware.com since July, so my boss
Many people buy and sell their homes without a realtor.
In addition to whatever isaac comes up with, I would suggest contacting
a closing attorney as they would be the ones taking care of all the
paperwork between the two parties and the mortgage companies. They would
be able to answer a lot of you
I've been working for www.sitemanageware.com since July, so my boss is
in the business -- I forwarded the email along to him to see if he has
any insight.
s. isaac dealey 954.927.5117
new epoch : isn't it time for a change?
add features without fixtures with
the onTap open source framework
Has anyone ever bought their first home (or any home for that matter) from
someone they knew? My fiancé and I are looking for a condo or townhouse in
the DC Metro area and have an opportunity to take a look at an old
coworkers' condo. She would be just as happy as us to avoid the
realtor/broker fee
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