Putting an offer on a house

0 Kudo

Started By	Comment
SmrtAss		#61	[-]
Posts: 6794 (06/30/09 9:52 PM) Lazy ass bitch, please Reply Quote More Recent Posts Message Connection Block Invite	Someone's overgeneralizing.
GlamsSlam		#62	[-]
Posts: 3678 (06/30/09 10:05 PM) Registered User Reply Quote More Recent Posts Message Connection Block Invite	Not really. I have yet to meet an agent I respect. They may exist but not in residential markets. Ex Hausfraus who are pains in the asses.
Meanpeoplesuck1		#63	[-]
Posts: 2608 (06/30/09 10:17 PM) Registered user Reply Quote More Recent Posts Message Connection Block Invite	Heh. Well I did go to college and I am no ex hausfrau either. I've been an agent since I was 25 and have never been sued, or brought up before the board or anything like that. You obviously have an axe to grind, so have fun with that. Oh and your attorneys DO hate you. They may be taking your money, but believe me....I bet they would give it all up for you to be out of their lives.
GlamsSlam		#64	[-]
Posts: 3679 (06/30/09 10:24 PM) Registered User Reply Quote More Recent Posts Message Connection Block Invite	You don't know anything about me or my business. Talk about generalizing and making sweeping moronic statements. Proving once again re agents MORONS
Meanpeoplesuck1		#65	[-]
Posts: 2609 (06/30/09 10:26 PM) Registered user Reply Quote More Recent Posts Message Connection Block Invite	So I do the same thing that you did and you call ME a moron. Perfect. I think I've proven my point here.
Mrpoopypants		#66	[-]
Posts: 2161 (06/30/09 10:33 PM) Reply Quote More Recent Posts Message Connection Block Invite	Glam , Im sorry ya feel you got a raw deal when you bought that lot to put your double wide on .. lifes unfair like that I know... Maybe the agent you had just didnt care about your 1100 dollar quarter acre purchase even though to YOU that is a Lottttttt of money ...
IFY0USEEKATE		#67	[-]
Posts: 2406 (06/30/09 11:12 PM) Lost soul Reply Quote More Recent Posts Message Connection Block Invite	NiceToAnimals wrote: 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. I'm glad to see you say that. It seemed like a huge red flag to me that the agent for the seller wanted to assess your property. Don't deal with the seller's agent anymore. Get your own agent to represent you.
GlamsSlam		#68	[-]
Posts: 3680 (06/30/09 11:22 PM) Registered User Reply Quote More Recent Posts Message Connection Block Invite	Mrpoopypants wrote: Glam , Im sorry ya feel you got a raw deal when you bought that lot to put your double wide on .. lifes unfair like that I know... Maybe the agent you had just didnt care about your 1100 dollar quarter acre purchase even though to YOU that is a Lottttttt of money ... Hey it was a manufactured house! Those sit on foundations not blocks. BIG DIFFERENCE!!! Just remember that next time you drive by and wish you could have one!!! And to NTA... you do your homework and save the money you would spend on a commission and put it on your house. This is not rocket science any attorney for a few hundred bucks can help you with the paperwork. They are screaming for work right now in that sector and deals can be had. Most will do it for a flat fee vs hourly. Last Edited By: GlamsSlam 06/30/09 11:28 PM. Edited 1 times.
Meanpeoplesuck1		#69	[-]
Posts: 2612 (07/01/09 7:08 AM) Registered user Reply Quote More Recent Posts Message Connection Block Invite	NiceToAnimals wrote: 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. Whoa. I missed this post last night. You DO need an agent even if you found the house yourself. I don't know why people think that.Finding the house is often not even the hardest part. It is especially important to have one to write the offer, help you negotiate, protect your interests and guide you through the deal. So you would rather an agent who is not working for you get the whole commission than split the commission with somebody who is working for you? IDGI!!!!! It is not going to cost you anything extra. Why not have somebody on your side????? Get an agent to help you with this purchase and to list your home as well. They will give you a deal on their listing fees if you use them for the purchase too.
Meanpeoplesuck1		#70	[-]
Posts: 2613 (07/01/09 7:52 AM) Registered user Reply Quote More Recent Posts Message Connection Block Invite	GlamsSlam wrote: And to NTA... you do your homework and save the money you would spend on a commission and put it on your house. This is not rocket science any attorney for a few hundred bucks can help you with the paperwork. They are screaming for work right now in that sector and deals can be had. Most will do it for a flat fee vs hourly. First of all, NTA will not be spending any money on a commission to begin with. The seller pays that. As for the attorney.....Yes they will do the paperwork for a few hundred bucks. But then you expect them to do all the shit that an agent should be doing for you too. And you still want to only pay the attorney a few hundred bucks. It doesn't work that way. That's why I said earlier that your attorneys hate you. Unless you're blowing them on the side or something.
youfist		#71	[-]
Posts: 3871 (07/01/09 8:29 AM) Reply Quote More Recent Posts Message Connection Block Invite	NiceToAnimals wrote: So, we've been passively looking at listings, going to some open houses, driving by houses, etc. We've been in our home for almost 14 years, bought when the market was low, so we're in a good position. We'd like to upgrade. Anyhoo, found a house. It's beautiful, on a cul-de-sac, in the upper part of our price range. The house has already dropped 50K. The sellers are motivated, but their backs are not against the wall. The realtor is the sister of the owner and she's pushing us to put in an offer. We have no realtor working for us and we've not done anything towards putting our house on the market, but we don't anticipate having a problem selling. The house we're in now is our first home, we rented before that, so we've never sold a home before. Question: What the hell do we do now? We'd like to put an offer in, but how do we figure out what that should be? Should we get a buyer's broker? Should we get a broker that will sell our home and help us buy this one? Do we make the offer without a realtor or broker? Also, their realtor wants to come to see our house to assess its value. We were going to let her do it, but a friend of mine said she just wants more info on our house so she'll know what we can afford and kind of use that info against us. Is this true? Sorry, but I know diddly about the housing market. Are there any good internet resources that will help me get edumacated? Oh, and I know, kill myself. 1. when you make an offer you usually give a 'good faith' check of $1000 that is held in escrow that is put towards the down payment or returned if the loan falls through 2. get a mortgage pre-approval from a great loan officer that works for a company is ranked #1 on the Lending Tree netwrok that frequents 'off topic' and goes by the name youfist 3. start looking for attorneys...NOT the attorney that is working with the seller. Also, if the realtor sells the house that she is 'repping' and you don't have a different realtor that just worked with you (buyers agent) SHE gets the full 5%...and doesn't have to split it with another realtor...do the math. HUGE commission (which she splits with her 'house' or office. PM me with any sensitve questions and I will give you an honest answer. good luck
NiceToAnimals		#72	[-]
Posts: 12041 (07/01/09 8:43 AM) Registered User Reply Quote More Recent Posts Message Connection Block Invite	As far as a lawyer goes, my husband's employer provides a legal package, so that is already covered with no cost to us. We've decided to get a realtor.
Meanpeoplesuck1		#73	[-]
Posts: 2614 (07/01/09 9:44 AM) Registered user Reply Quote More Recent Posts Message Connection Block Invite	Good for you. Don't forget to ask if they will cut their listing comission since they will be helping you with your purchase too.
youfist		#74	[-]
Posts: 3874 (07/01/09 10:13 AM) Reply Quote More Recent Posts Message Connection Block Invite	NiceToAnimals wrote: As far as a lawyer goes, my husband's employer provides a legal package, so that is already covered with no cost to us. We've decided to get a realtor. AWESOME!!! A survey alone could be $500 bucks or more...then the attorney $750... Title Insurance, Recording fees to your county will probably NOT be covered. 3 year ARMS starting rate of 3.75% today. 30 year fixed about 5%
GlamsSlam		#75	[-]
Posts: 3683 (07/01/09 10:18 AM) Registered User Reply Quote More Recent Posts Message Connection Block Invite	youfist wrote: NiceToAnimals wrote: 1. when you make an offer you usually give a 'good faith' check of $1000 that is held in escrow that is put towards the down payment or returned if the loan falls through 2. get a mortgage pre-approval from a great loan officer that works for a company is ranked #1 on the Lending Tree netwrok that frequents 'off topic' and goes by the name youfist 3. start looking for attorneys...NOT the attorney that is working with the seller. Also, if the realtor sells the house that she is 'repping' and you don't have a different realtor that just worked with you (buyers agent) SHE gets the full 5%...and doesn't have to split it with another realtor...do the math. HUGE commission (which she splits with her 'house' or office. PM me with any sensitve questions and I will give you an honest answer. good luck This is outstanding information. And again Real Estate agents are about the commissions. That is all they care about. Legalities and your finances not so much. A good attorney doesn't care how much a client spends to do the work needed to make a deal be it 100 or 5 thousand. They want business and in this downturn the attorneys that work in real estate are hurting too. They want to prevent litigation and anytime they can screw an agent out of commission I am there blowing them for it. I have always valued my attorney's opinons over some fucknut with a two bit license who would be selling shoes at Nordstrom otherwise.
Eurytol		#76	[-]
Posts: 7981 (07/01/09 10:19 AM) Badass motherfucker-er Reply Quote More Recent Posts Message Connection Block Invite	Get a pair of good running shoes
ohboy		#77	[-]
Posts: 4916 (07/01/09 10:37 AM) Registered user Reply Quote More Recent Posts Message Connection Block Invite	it's the biggest purchase you'll ever make, so it makes sense to hire professionals to help you. i think if you have lots of experience, like glams, you don't need a buyer's agent. but for the rest of us who do this only every decade or less, some help is a good thing. but i don't want an agent trying to sell me on this house or that one....just to help me through the legal and technical processes. my first house, i had a buyer's agent. my second house, the one i'm in now, i didn't, and it worked out fine. i was only 5 years from the first one, so i used the same inspector and lawyer.
youfist		#78	[-]
Posts: 3875 (07/01/09 11:17 AM) Reply Quote More Recent Posts Message Connection Block Invite	remember, a Realtor will tell you to 'drop the price $10,000' to drive floor traffic.. to them, that is only $500 (more like $250 after the split with the office)... but to YOU it is $9500... and they are looking out for your best interests???
NiceToAnimals		#79	[-]
Posts: 12142 (08/02/09 11:30 AM) Registered User Reply Quote More Recent Posts Message Connection Block Invite	While we were on vacation, the sellers decided to take the house off the market and rent it. When our realtor spoke with them when we got back, they said they'd entertain an offer until Aug. 1. We put in an offer for 55k less than the asking price. They rejected it outright with no counter. This house has been on the market since March. I don't know what the hell they're thinking.
factoryhurl		#80	[-]
Posts: 11731 (08/02/09 11:34 AM) Registered user Reply Quote More Recent Posts Message Connection Block Invite	it's a good thing for you though-you can move on now. if it was meant for you, you'd have gotten it. whatever that means. ::shrugs shoulders

<< Previous Topic Next Topic >>

Yuku free message boards

Putting an offer on a house

Quick Reply