aapostrophe's Discussions

karen- you are accusing the buyers of being dishonest for backing out after the roof inspection, yet here you state that you knew the roof needed work and didn't disclose this upfront- just waited to see if this turned up in an inspection? that seems to make you the dishonest one.

i just saw you wrote this on another thread"My former buyers are worse than yours--they defaulted on the contract because a roofer they sent said my roof was irreparable. we have now contracted for a new roof to salvage the deal and they still are no longer willing to go forward. My agent told me before we listed not to put on a new roof and wait and see what happens in inspection. "you knew you had a roof problem, didn't disclose it beforehand in order to wait and see if it came up in inspection, and the buyer is the dishonest one???

karen- you know what CAN be sued over, and that is not practicing full disclosure of known issues with the house.

the flip side of the bribing coin will be when an agent won't show your house without that extra bribe... oh wait- that already happens with FSBO.

doggirl- your reading comprehension is stellar. good job!

hello, everyone... i have a pre-approval for the BofA "no-fee" mortgage and wanted feedback as to whether this would be my best/easiest option. i've also gotten a few quotes from here that seem pretty good, have lower rates than BofA, but do have MI and lender fees. I've looked at this stuff so much that the numbers just blur and I can't tell which way to go anymore! my quote id for zillow is ZR-FMGCNQZ from BofA: 172,000 purchase price, 5% down (8600), at time of quote, rate was 6.5 with .185 point and 6.2 with almost 1 point. I think the rates went up a bit today though to 6.375 with 1.104 point. Sellers are paying 5,000 towards pre-paids, points, whatever. No-fee mortgage plus has no MI and they pay for all closing costs other than any rate buy-downs, but this comes w/ slightly higher rate. With 5,000 from seller, I can buy that rate back down and with any left, cover some of taxes, hazard insurance, etc.thanks in advance for anyone looking at this stuff for me...(this is in Va, 23225 zip, mid credit score 710)

oops, sorry... i left out that this is for a 30 year fixed loan..

thanks, Martin!  your answer is the conclusion that i was coming to, but i was definitely at the point of needing the martini(s) and aspirin.   also, i think my mid score will probably be around 720 after my credit cards report as having lower balances after the 7th of the month or so, so that's good.  one question-  is it still appropriate to "rate" the quotes i was given here, even if i end up going with my bank's offer?

joe-  thanks for the tip.  i don't think richmond is a declining market right now, but i'll have the 10% at the ready, if needed.  the lady i am buying the house from has not found her next house yet, so this could drag out longer than i anticipated.

he forgets to mention interest paid for the loan when subtracting out everything else from the "profit"..