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 kutabeach |
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Posts: 2428 (06/30/09 4:32 PM) |
definitely put a contingency on your offer that you have to sell your house. You don't want to get caught with two mortgages. Sure, you think you won't
have a problem selling your place, but you never know.
Do not let the seller's agent into your house. There is no reason to do that, so don't |
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 OuijaBroad |
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Posts: 9764 (06/30/09 4:38 PM) Registered User |
Did you know that people who live on cul de sacs have a 27.8% higher chance of being murdered in their home?
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PassionatePiscesMan |
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Posts: 7899 (06/30/09 4:42 PM) Registered User |
I never accepted an offer on my house that was contingent on their selling theirs. You could get in to a big chain reaction for they could be doing the same
thing. It ties you up by taking it off the market while you are waiting.
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2manypixiestix |
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Posts: 14842 (06/30/09 4:52 PM) Registered user |
I'd take a picnic lunch and go stake out the neighborhood too. A nice place doesn't mean the people next door aren't wackos. Do you know why they
are moving?
yeah, and get ar realtor to handle it for you. good luck! |
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NiceToAnimals |
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Posts: 12033 (06/30/09 5:07 PM) Registered User |
Thanks, everyone, for the tips. You all rock.
I remembered the realtor that we worked with when we were looking 13 years ago. We didn't wind up buying one of her listings, long story, but she was good and came highly recommended by someone we trust. So I could definitely contact her regarding the selling. Now, from what I understand, we shouldn't go with her now to help us put in an offer, because we did all the legwork, she didn't help us find the house, so why should she get $. Maybe we should get a buyer's broker and just use her for the sale of our home? Or can you get the same person to represent you as a buyer's broker and then help with the sale of your home? And I'm going to call the agent and cancel the appointment for tomorrow to see our house. |
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nedloh3 |
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Posts: 4783 (06/30/09 5:16 PM) Registered user |
Not a big cul-de-sac man myself but that zillow.com is pretty cool
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FourWholeChickens |
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Posts: 10 (06/30/09 5:17 PM) |
some realtors give a break on the seller's commission if you have them help you buy a house too. you're not the one paying her commission on the
purchase either way, so it doesn't hurt to have her help. I would just go with a realtor for both, rather than a realtor for selling, and a buyer's
broker for buying. too many cooks and all that
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GlamsSlam |
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Posts: 3673 (06/30/09 6:22 PM) Registered User |
Real Estate agents are the scum of the earth. They are used car salespeople without the ethics.
You can research a great deal about current property values yourself. Zillow is one, Redfin and other sites that cater to people wanting to sell or buy without agents. I have always negotiated my own deals and used a Real Estate Attorney. I start by looking at the house itself which you can go to your County office, see what its assessed at, who the mortgage holder is, etc. Very useful info and you do a quick search while there on the neighbors homes.. good to know especially in this down market. When you know how much the seller paid, their loan and what current values are you can make an offer appropriately. Talk to your bank -not a mortgage broker as they are the next of the scum of the earth - and see what you qualify for. Know that your current property's value by having the bank who holds your mortgage due an assessment. This may be upsetting and you may be elated who knows. But that gives you an idea on how to price your home. If you do the contingency where the deal collapses if you cannot sell.. can you accept that or can you rent the home out in the current market for a year covering mortgage and taxes? Only go to a Real Estate Agent armed with your own facts. They are nasty assholes who contributed to the current crisis. They should die with their friends from the NAHB. And good luck with that house!!! |
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NiceToAnimals |
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Posts: 12036 (06/30/09 6:32 PM) Registered User |
Thanks, Glam!! <3<3
I love you guys, you know that? **smooches** |
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prairiequeen |
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Posts: 170 (06/30/09 6:45 PM) |
Ask your Bank about a bridge loan. You use it to buy the new house before you sell the old one and normally only pay interest payments until the old house is
sold and you refinance. It has worked very well for us in the past. Somewhat risky, but anything involving house buying is risky.
Particularly if you don't have your own realtor or real estate lawyer - make sure you get a title company to clear the title. |
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Meanpeoplesuck1 |
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Posts: 2596 (06/30/09 6:50 PM) Registered user |
Grrrrrrrrr. Real Estate agents are not scum thank you very much!
There is good and bad in every profession. And the licensing laws are very strict.......so bite me. NTA, please get an agent! |
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squashthebeef |
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Posts: 19779 (06/30/09 6:51 PM) super badass |
Always check the toilets for turd floaters before you show the house.
Have fun obsessing on that now. |
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Pahrump Mania |
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Posts: 4187 (06/30/09 6:54 PM) Registered user |
There are so many bargains in this market you may want to consider other homes, even if this home seems to be perfect. You said the seller's back isn't
against the wall, well, there are enough people out there whose backs are against the wall that you may do better.
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GameShowMyAss |
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Posts: 4640 (06/30/09 7:04 PM) Registered user |
Also ask if it's a murder house. I discovered that little factoid from a drunk neighbor about a year after living here. The lady selling was a complete sneaky bitch about things, and oh did I mention a murderess? Ask every stupid question. |
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SmrtAss |
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Posts: 6791 (06/30/09 7:10 PM) Lazy ass bitch, please |
Would y'all not buy a house because someone died in it? (Murder not withstanding.)
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GameShowMyAss |
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Posts: 4641 (06/30/09 7:15 PM) Registered user |
I probably still would have bought this place, it was just weird to find out that the sweet old lady I negotiated with had omitted things that would affect the price, switched out appliances right before leaving, and oh yeah shot her husband dead here. wtf? |
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Mrpoopypants |
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Posts: 2153 (06/30/09 7:17 PM) |
offer them a dollar for the house .. The agent HAS to present the offer to them LOL then tell them you will buy the house of they agree to beg you on their
knees to buy it . have fun :)
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SmrtAss |
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Posts: 6792 (06/30/09 7:19 PM) Lazy ass bitch, please |
After you've shot your husband, I'm sure the road to switching out appliances is a very short one.
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NiceToAnimals |
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Posts: 12038 (06/30/09 7:19 PM) Registered User |
Pahrump Mania wrote:Well, they aren't in financial difficulty. He got a better job in NY and he's been commuting. (I'm in MA) They thought the kids wouldn't be able to finish out the school year and planned on moving prior but the house didn't sell. Now they really want to sell because the school years over, so they really want an offer and are willing to negotiate. Bottom line is we have to love the house. It's in our range, comparable in value to others in that range, and in a city and neighborhood we like. It's tastefully decorated and in move in condition. I'd rather have a house I love than a house that is a deal, within reason. |
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GlamsSlam |
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Posts: 3676 (06/30/09 7:28 PM) Registered User |
Meanpeoplesuck1 wrote: Real Estate Agents are scum and we can thank them, their "buds" Mortgage Brokers and the fucktards at the NAHB who colluded on deluding people with regards to the housing crisis. I only wish this was discussed and exposed for the fraud that took place. Getting a license is taking a test and passing. Defrauding people and bullshitting them is an art form I will give you that. I quit using those scum sucking freaks and would use a shoe dog at Nordstrom to negotiate before ever dealing with a Real Estate Agent. I have an Attorney and the money it costs for him is by far less than the bullshit "commissions" these shitbags make on doing absolutely fucking nothing that any motivated individual can do themselves. Thankfully the "agent hausfrau" will become a thing of the past due to the internet. |
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