FriendshipProperties's Discussions

The seller pays the commission to the buyers agent.

Once the title is signed over, the lender has the right to demand the loan paid in full.  This sometimes works in pre-foreclosure situations with quick flips.  But also you have to catch them up on their payments.

eeny-meeny-miny-moe catch an agent by the toe, if he hollers let him go .. out .. goes .. Y .. O .. U!OR .. you can see what names pop up most often an ask to see their listing/sales history.  You want someone who sells more properties, faster and closer to asking price.

We recently ran into this problem.  A 2nd lien holder sold a note in the middle of a 2 year short sale negotiation.  If anything it should be illegal to demand a mortgage payment if you don't inform the homeowner a change in who to payoff and/or negotiate with.

Its not officially executed unless you both have a signed copy of the final contract.  If it was verbal, there is technically no deal.  But often the banks will accept verbal counter offers.  The best way to know if an offer is accepted is to verify the status is changed to UNDER DEPOSIT or SHOW.

I highly recommend a yard over a patio.

hot air rises, so it will always be hotter than the 1st floor.  Is there any exterior venting from the attic?  Roof ridge vent? Roof fan? ect ..

Can you verify that Zillow using neighboring towns is a fact?  I have heard other agents mention this as a reason why they believe Zestimates are 'off', but I wonder where this information stems from?  I highly doubt Zillow would be so foolish.

Be aware how much money a driveway costs.  I'm not an expert at pricing asphalt, but I wouldn't doubt a driveway that long to be be tens-of-thousands.  Also, depending on the extend of the mold, that can be very expensive and hazardous remedy. Again, have you priced out decking material lately?? VERY EXPENSIVE.I looked up the listing and the list price looks accurate for the size/location.  But does the home have hardwood through-out or just carpet?  What will all the required repairs come to?  Is the kitchen and bath up-to-date or even quality materials?  What type of land is the 6 acres?  Is it worth paying taxes on the un-developed land?  or can you clear another building lot(s) from it?  Whats the extent of the Mold?  Is 2-bedrooms going to allow you room to grow?I would stick to your gut with the offer price.  If you want a good deal, they're out there.  If you want THIS HOUSE the ball is in their court.If you want to see the comps or a list of other properties in your price range, feel free to email me any time.By the way, if you want to put my name on the contract for the buyer side commission that would be very generous.  Otherwise the banks agent just keeps the full commission.Friendship Properties (203) 457-9991

Your dealing with an agent who has no clue how to do short sales and lies.  I'm dealing with the same situation now.  WALK AWAY.