MRP,CDPE, SFR, ASSOC.BROKER, SRS (10 years experience)

Specialties:
Buyer's Agent,
Listing Agent,
Relocation,
Short-Sale

Advice

  • (4 Contributions,
  • 0 Best Answers,
  • 0 Helpful)

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Answer

Hit F11

  (0)
What do recent sales mean?

Answer

The simple answer recent sales should be sales that relevant to a sale or purchase .. the buyer drives the market and establishes a pattern of value  based on what the consumer is willing to pay for a product, and this falls within a window of 3 to 6 months, if there are no sales in that time period ,yet there is product available for sale. that information is relevant in itself.In my opinion :)Gene Shull, housedog

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Tell me if this makes you hot.

Response

If you are the buyer and you had a cap in mind for repairs and you explianed to your agent , the offer should have been included the language: Buyer will treat and or repair termite and moisture damage up to or not to exceed $1000.00. Or contract contingent on buyer obtaining satisfactory termite report.    Also depends on the State you live in, Never agree to an unknown unless you put in verbage " up to or not to exceed" And always ask  if the seller has any reports available,this is the best way to protect yourself from "Dirty pool"  In my opinion :) Gene Shull, Housedog

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