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Christine Pruger's Advice

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  • 19 Contributions
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Christine Pruger wrote:

Auctions on two homes here in Queens Harbour Estate

Answer
Neither of those is listed in the MLS as being active or on auction.  Is there a sign on the property?
March 22 2013
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We have been cleared to close, and have a set closing date can we celebrate?

Answer
Wait till you sign and if necessary it has been recorded with county clerk.  Then celebrate!
March 22 2013
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Should realtor be entitled to a 6% commission for introducing you to a builder

Response
"Call the sisters" brought up a good point, but I'd like to expand on what they said.  South Carolina Agency Law states that a Realtor is Required to provide you documentation of Agency Law and a meaningful explanation of it. That this should be done within upon first substantive contact. In this process the documentation would explain Dual Agency as well as the agent.  Second if the agent did in fact enter into a dual agency relationship with the builder and you, then you should have signed a dual agency agreement addendum upon signing of the contract.This is a serious issue, if the agency law has been violated the Broker MUST be notified as their license is at risk as well.  As a Realtor I know we sometimes get rushed but this is important, just as Fair Housing Guidelines are important.  Realtors often lose the trust of the public because they fail to explain laws and details.As for what the commission rate should be, Sherman Anti Trust laws prevent the setting of commission rates.  What you need to find out is if your rights have been violated, and why the agent is receiving the commission they are receiving.  Unless that Realtor is a specific agent to the Builder and therefore performing other responsibilities as a listing agent. 
March 07 2013
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Does the county appraisal value matter if selling or leasing a home?

Answer
I can't tell you how many times I've had sellers tell me their home value is higher or lower than what I recommend as a list price.  FACT: In most counties across the United States you have the opportunity to challenge the "tax value" of your property, RARELY does a county assessor ever voluntarily drop the tax assessed value. FACT: As previously stated by others your home is only "worth" what a buyer is willing to pay for it.  If buyers are not willing to pay 38K above what you paid for the home, then the home is NOT worth that price.  
February 15 2013
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I am paying cash. Is there a checklist of things I need to do?

Answer
In reviewing some of the answers I've seen a couple of items missing, depending on where you are buying.  Here at the beach we have started recommending a Mold Inspection now.  In addition, be aware of what title company is underwriting your policy. BE SURE that it is a REPUTABLE one that has been in business for some time, i.e. Chicago title.  Some attorneys set up their own title companies that go defunct later.
February 15 2013
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Why are the prices not in phase with the realitors i talk to

Answer
I appreciate your frustration...in addition to wetdawgs response I would also like to add, properties are moving quickly in our area this month.  I've been in the trenches showing property all month and I can tell you many times there have been multiple offers or the offer comes in before I have a chance to show the property.If you want up to the minute listings you should have your Realtor set up an alert to notify you the moment they come online.  Good Luck!
February 15 2013
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We are about to close escrow on a short sale purchase. The loan doc is ready for us to sign. But t

Answer
Depends on what the contract indicates, and your states laws about taking possession of the property. Your settlement attorney should be well versed on this type of issue, or at least aware of laws regarding eviction/taking possession.  I would get on the phone with them tonight, or contact their office in the am and discuss.  If you back out of the contract now my guess is that you will be held liable for "failing to perform" in accordance with the contract.  Some states have laws indicating that once the property transfer is recorded it's yours and anything in the dwelling becomes yours, and anyone still living in the dwelling can be removed.  But all of this is supposition, you need to speak with your attorney first thing in the morning.
September 13 2012
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Bypass the Buyers Agent and Win!!!

Response
I do want to add though whether you use a buyers agent or not, you should ALWAYS educate yourself on buying a home or on making any large investment. 
September 13 2012
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How come all my listings dont show up when I log in? Some of them are, but not all of them!

Answer
Check to see if your listings are showing up at all.  If they are then see if you can claim them.  Good Luck.
September 13 2012
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How can I "unlist" my house for sale from Zillow.

Answer
Contact your Realtor, they can log onto Zillow and remove the listing. If you don't wish to deal with the Realtor go to the Broker.
September 13 2012
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