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David Goldenberg

Zillow Local Expert in:

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Premier AgentTeam

71 Recent Sales (last 12 months)

Real Estate Professional - Broker (27 years experience)

Specialties:
Buyer's Agent,
Listing Agent,
Relocation,
Commercial R.E.

Advice

  • (8 Contributions,
  • 0 Best Answers,
  • 1 Helpful)

Contributions are sorted newest to oldest.

seller want to stay at the house after closing ! ? !

Response

Hopefully you purchased the home with a professional real estate agent.  They can go to the contract and the terms should have been in the contract asking for say $100 per day as damages.  The title company should hold the check to the sellers until the situation is rectified.If you bought directly as a FSBO then you must go by the terms of the agreement that you signed.This ultimately is a legal question and should be answered by a legal professional.

  (0)
list of closing cost on a 100.000 home

Answer

Closing costs vary from state to state and from type of loan along with the terms of the purchase agreement.  You will need to check with your Real Estate Agent or lending institution to get the amount.

  (0)
Home Appraisal Question

Answer

The lender has no control over what the appraisal comes in at.  The appraisal normally comes in at what the purchase agreement amount or maybe a few thousand above, but usually not more than that in that the appraiser knows what the home was listed for and possibly even the selling price.  The sales price being a fair and honest price in an arms length transaction is what the bank is looking for and that should be the purchase amount.  If it comes in less, the bank will still loan, butt you will have to pay the difference.  If it comes in more, the bank bases the loan on the lowest of the purchase price or appraisal.

  (0)
House appraised for $14K under contract price.

Answer

Was this home appraised by your lender?  If so, the lender will not pay over the appraised price when figuring out your loan.   Any amounts over the appraised would be your responsibility at 100%..   You can ask the lender to have another appraisal or talk with the loan officer to see if they have any suggestions.  The SELLER will not be able to find a buyer for the home to pay over any appraised values so your REALTOR should be able to negotiate this situation for you.

  (0)