03-20-2009, 05:40 PM | #21 |
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03-20-2009, 05:46 PM | #22 | |
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03-20-2009, 05:58 PM | #23 |
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so many inappropriate comments, so little time...
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03-22-2009, 10:32 AM | #24 | |
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Quote:
What I said was why is the seller dictating terms? One of the mistakes I see people make when they buy a house is they let the seller or the seller's realtor dictate all the terms and conditions...and they later feel like they were bulldozed when it came to closing. What do you consider closing costs? There is more to closing on a house than interest, points, doc stamps and taxes. If pushing the closing off for months is what you want then you should do that. But there are other events that will happen and watch their realtor closely, they will try to push as much on you as they can. Regardless of how they talk to you or what they say, they work for the seller, their fudiciary responsibility is to the seller. This means their job is to get the highest price and pay the fewest costs on the deal. Most realtors count on the fact you are too busy to be involved and you will "trust me, I am the professional." They don't work for you. Their inspectors, surveyors, title people work for them, not you...but you usually end up paying for those services. You are going to part with your money and you are going to have to live in this house, you have as much or more say about the events than the seller. Now, if you get emotional and believe you just have to have this house, then you will have to put up with more BS. Right now there are too many houses available on the market. The point of my comment was that you need to have a mindset that you have the money. There is no deal without your money and you will not be dictated terms
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03-22-2009, 10:39 AM | #25 |
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well I'm sorry if I miss understood... but the way your post read... it sounded like you were saying everything should be done the buyers way... not the sellers.
and I dissagree... if the seller is willing to agree... (like Tommy) why make things harder on the seller... ie just being a dick. I've never really understood that to be honest in anything... if your willing to pay a price... why fight to get it lower... just to be greedy |
03-22-2009, 11:45 AM | #26 | ||
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Quote:
If the timetable works for all involved, great. Tommy should not have to go out of his way to accommodate the seller. Quote:
HOWEVER, this is a house we are talking about. Hundreds of thousands of dollars will be changing hands. It is a buyer's market and they can and should fight for every penny available for a multitude of reasons. |
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03-22-2009, 12:46 PM | #27 | |
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What if you agree or contract a price and then find out you have wood boring organism damage? What if the house has shifted and the roof trusses are twisting, or the pipes, drains are pinching? What if the "professional" who wired the house has reversed polarity in areas? Surveyors are pretty reliable because your title company will protect you...after the fact. I have seen title claims because of encroachments where the surveyor just came out, located the pins from previous surveys, pounded stakes with ribbons in the ground and drove away. Hire your own inspectors. Do not go cheap with an inspection service. Hire a roofer to check the roof, foundation specialist to make sure drainage issues aren't washing your home away, plumber, electrician, AC/heat, etc. separately, and either you be there, or someone you hire to represent you to be there to watch and ask questions (demand accountability from all) One of my riding buddies recently bought a house. The listing agent said she would take care of the inspection. I stopped by about 10:30 am with the buyer. The inspector was loading his truck and announced the inspection was done. He said there were no issues to be fixed. He completely inspected a 3500 square foot house in less than 90 minutes. He submitted a 450 dollar bill. I convinced my buddy to let another friend of ours, a builder, to come and look at the house. He found a punch list of several thousand dollars, including code violations, in 2 hours, and hadn't been under the house yet. Who pays? you have a contract price both sides agreed to. The Seller's inspector found nothing, but your "unofficial" inspection found issues. What do you do? I don't know about you, but if I am going to spend tens if not hundreds of thousands of my money and future money...I am going to get as much accurate information about the property as I can and then negotiate from there...and if trying to make the best, honest, and fair deal I can makes me a dick, so be it
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Alcohol, Tobacco and Firearms should be a convenience store and not a government agency If You Don't Know What Your Rights are...You Won't Have Any |
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03-22-2009, 12:46 PM | #28 |
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why is it different? if your willing to pay that amount... then why push? I understand that houses are overpriced... even in this market... but that shouldn't change what you feel is a good price.
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03-22-2009, 12:52 PM | #29 | |
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Location: Denver CO
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Quote:
again... not saying that's what you were talking about... as your post above it looks like we are talking about two different things... just a general question though... |
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03-22-2009, 01:12 PM | #30 | |
Community Curmudgeon
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I understand your confusion. looking back, I made a quick reply post to a complicated issue and offered little explanation. I guess I posted quickly because I have seen, and experienced the "professionals" in the real estate "game." That aside, most people who purchase property have little to no experience and many times get overwhelmed in the process...and taken advantage of. My basic philosphy is still, "It is my money, and if you want some of it, you aren't going to call the shots." Buying anything from a TV to a house, just because someone puts a price on it doesn't mean that is what it's worth. Have you ever tried to buy or sell a motorcycle? Every buyer tells you your bike is trash and they are doing you a favor buying it from you...until they are selling that cherry, never raced, never dropped fine collector's quality piece of machinery
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Alcohol, Tobacco and Firearms should be a convenience store and not a government agency If You Don't Know What Your Rights are...You Won't Have Any |
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