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Linda Rozales's Advice

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  • 232 Contributions
  • 5 Best Answers
  • 34 Helpful

Linda Rozales wrote:

The purchase agreement addendum is lower than the verbal negotiation agreed

Answer
A signed written document overrides the verbal agreement. Get your agent to change the price on the Addendum.
4 days ago
(0)

I was told that there ARE Agents willing to work @ 1%....?

Answer
Yes, you are right. Please note that a discounted fee will reflect a discounted type of service and a discounted sale price. Don't be surprised if you don't sell your home for the best price. In addition, the 1% fee only represent the listing agent. There is an additional fee for the selling agent and that will be a minimum of 2%. Be careful in hiring a discounted agent.
5 days ago
(0)

Isn't it Fraud

Answer
This is definitely a scam and a lot of people have already been a victim. Don't be a victim and let your friends and family know as well.
5 days ago
(0)

Selling jointly owned inherited propperty

Answer
Since you jointly own the properties, when you take out a loan or sell the property it will require all three signatures. You have mentioned that you are now selling the properties. All three of you will have to consent to the sale otherwise, there will be no sale. The same goes when taking out a loan unless your signature is forged and notarized. If you decide not to sell the properties, you have the option to buy out your brothers.
June 28
(0)

Can I request a different Escrow officer?

Answer
It looks like that you are working with the wrong real estate agent.  Your agent should be calling you on a regular basis providing you with an update.  If you call your agent, he/she has a duty to call you back since you are already in escrow and he/she has a fiduciary duty to provide you assistance and information per the signed Agency Disclosure. I can understand agents not returning calls outside of escrow which is still not a good practice,  but not when you are in escrow.  At this point, you need to escalate your problem by talking to the real estate broker and the escrow manager.  
June 10
(0)

if loan is not approved , can i get back deposit?

Answer
You are entitled to a refund of your full deposit within the contingency period provided you have not released the loan contingency yet. After the contingency period, you could be charged for costs incurred by the Seller.
April 28
(0)

how likely is it for seller to pay closing costs?

Answer
In my area, sellers will not give any closing cost credit. It all depends on the neighborhood. If you are in an area where there is a lot of inventory and the house has been on the market more than 30 days, there is a possibility. Good luck!
April 19
(0)

Is it possible to rent a home for one night?

Answer
Usually, the owner will require a minimum # of days but not one night.
March 05
(1)

capital gain on primary residence

Answer
Your best bet is to talk to your tax professional. He/she will be able to give you the best answer and only tax professionals are authorize to give a tax advice.
January 26
(0)

Hello, is there any loans these days with 10% down with no mortgage insurance?

Answer
Yes. Call Citibank, they do have a 5% down with no MI. I know that Guild Mortgage also have it as well as a few other banks. Bear in mind that this is a lender paid MI and are included in your interest rate. It is a great program when your buying a condo.
September 02 2013
(0)