Real Estate

We found a house we want to purchase. The house is listed for sale by the owners. The gf is wanting to use a realtor to help with the purchase of the house. what exactly would they do? we are financed threw a mortgage company and the seller is the home loan offer at one of the banks here in town so we shouldn’t need help with paperwork. What would be the benefits of useing a realtor?

Loan officers are not real estate agents.

The main benefit to you is knowing that everything was done legally. Almost all Fabio’s end up in court, one of you screwed something up.

While there may be a mess up still, the agents broker takes the heat, not you.

I buy a lot of property. I think I know enough to manage on my own…but still I would not even entertain the idea of going it without my trusted broker.

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Achieve Success in Singapore Properties and Real Estate

To achieve success in the Singapore real estate market, you need to have an expertise about the property market and help others in achieving their dreams in the Singapore properties. If you can help others in fulfilling their dreams by getting them their dream properties, your dreams will surely come true one day. To achieve success in the Singapore real estate property market, another important thing that you must have is strong determination and faith in yourself. If you are a Singapore real estate property consultant, property advisor, property agent or realtor, you can surely help others in building a better future by getting them a nice property in Singapore.

We have been able to achieve success as we never waited to help but immediately helped others with full consideration to get the right property in Singapore. To build a bright future and achieve success in the Singapore real estate properties, you need to believe in your dreams; then only success will kiss your feet. To achieve success in the Singapore properties market, you need to be very devoted, careful and make use of every second for a nice tomorrow. You may fail to achieve success for the first time but never give up. Failure is the way to success, so learn from failure.

The way to success to make your name in the Singapore real estate properties may appear to be distant, but strong determination can make you achieve it. You must always know about what you want to achieve success into the Singapore properties. Hard work and courage to pursue dreams will surely get you success soon in the real estate properties. Make the most of today to make a better future in the Singapore property market. Set a high goal into Singapore real estate property market to achieve it someday.

Buy Sell Rent Invest In Singapore

Mindy Yong 杨雯诗

Tel: (+65) 91002985
Fax: (+65) 64021826

mindy@mindyyong.com ( email me )

Singapore Property
Singapore Real Estate

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Do I, the buyer, have to pay out of pocket for the realtors commission or is it included in the selling price? Can I place a bid on a home for sale buy a realtor without using a realtor? Any other information along these line would be useful too.

You don’t have to pay a Buyer Agent. We gat paid from the seller’s Agent. Yes, you can put a bid in without an agent but then the seller’s Agent gets the whole comm. The sellers agent owes you nothing. Your Buyer Agent owes you full fiduciary duties. They will negotiate for you and advise and protect your interests for nothing out of your pocket. Email me for a longer explanation or go to REBAC.com
Good Luck

Brayson Verzella from Keller Williams Realty talks about the benefits of working with a Realtor when buying or building a new home. He also discusses some of the problems which can come into play without a Realtor.

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Just curious on how many hours and actual work is required for a new realtor to be successful.

I hear it may be 12-15 hour days and you may not sell a house for months….

Can a realtor do this as a side job part time?

Or would that take away from being a good quality realtor.

Also, what costs would a realtor incur if any when listing a house? Is there any potential loss other than time when listing a house if the seller walks away?

Thanks

You pay your MLS fees quarterly, you do not pay per listing.

You would pay for any newspaper adds, printing flyers, your sign, your lock box, etc.

It would be almost impossible to work part time. You need to be available 9-5 to deal with banks, escrow, title company, inspectors, appraisers, etc ect. You need to be available 5-7 week days, 9-7 weekends to show property, as most buyers look after work and on weekends.

You may not sell your first year, you need to count on that and have enough money to live and pay all of your fees. You may have to pay a desk fee to your broker as well.

the president of an albuquerque realty company that filed for bankruptcy is arrested. doug vaughan was taken into custody this morning for driving on a revoked license …but it appears that’s the least of his problems. austin reed is live in the newsroom with tonight’s top story. according to county jail records… doug vaughan has been released on his own recognizance. but earlier he wabeing held at m-d-c. meanwhile, the new mexico licensing and regulatory division tells us it has been investigating vaughan for a few months because he has potentially been violating state security laws. when investigators arrived to his home earlier this morning to gather information about that, they say they observed him driving his car, which they say was against the law. they knew from previous research that his license was either suspended or revoked and they are certified law enforcement, so they were obligated to arrest him court records show vaughan was charged with a d-w-i last year…that’s why his license was suspended. as we reported yesterday, the vaughan company filed for chapter eleven bankruptcy. the lawyer handling that case says the housing cris — is to blame for the bankruptcy filing — but we’re told business will continue as normal.

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I have a realtor that said they could sale my home for 5% and then another for 4%. Is there anything else that I can get a realtor to come down on, that will benefit me on my return?

4% is probably the cheapest you can get with traditional listing broker arrangement. I think it’s pretty good. Basically, 3% goes to the broker who brings in the buyer and the remaining stays with the listing broker. If you want, you can find a help-u-sell or some other self sell real estate service in your area who provides with flat fee, multiple listing service access and signs. You will need to do your open house and showings. If the market is good in your area, with or without the listing broker, your house can be sold.

Blog.FranklyRealty.com. Watch as a Realtor describes the process for buying a REO / Bank Owned house. She bought it for herself, the house is in Arlington Virginia.

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I’m negotiating the sale price on a house I’d like to buy. All the listings and info sheets provided by the listing agency for the house quoted the annual taxes. My own investigation confirmed that the amount quoted is after several discounts or credits (retirement, veteran, star, and the like).

I would likely pay 40 – 45% more than listed amount.

What responsibility does a realtor have to be upfront about this difference?

Thanks!

Check with your county tax appraisal office. They will give you the factual numbers BEFORE exemptions, and can give you numbers with the exemptions. They are the bottom-line authority on the actual tax rates and accessments.

I’m including a link below that you may look at. It is for the county I live in.
The left side column’s first choice is "Property Records" click on it.
Then you see two columns:
Real Property and Business Personal Property
Under "Real Property" choose (see my example at the end of this answer) "Address"

You will come up different Real Propertys (homes, mostly)
The left column has "account number’ which you can click on.
Now, you will see the Owner’s Name, mailing address & property address.
Toggle on down and it will state these taxing entities:
Plano City and it’s 2007 tax rate
Collin County and it’s 2007 tax rate
Collin County Com College and it’s tax rate
Plano City’s Independent School District’s tax rate
Those are the percentages that are applied against the Appraised Value.

Now, you will notice that you are given 2 (TWO) values of the home…
The Total Market Value (at the top)
and
Appraised (at the bottom), along with the TYPE of exemptions that the owner uses.

You need to take those 4 taxing entities rates, add them up and multiple against the Appraised Value. Taxes are applied on the APPRAISED dollars.

Now, if the home already has an exemption clause to it, then the number will be adjusted to INCLUDE the exemption, so you’d have to try and find out how much the exemption % or dollar amount is so that you don’t include it in your tax rate (unless you’re going to use the same exemption/s).

I kind of "officially" learned by answering this for you WHICH amount that the taxing entities applied the tax rate to. Now I know because a database I use for tracking homes states the taxes on properties for sale. So, I found one that was a foreclosure, therefore, no exemptions and was able to verify the taxes I was given were dollars BEFORE exemptions.

So, do check and see if the amount of tax you are being quoted is NOT pulling in exemptions that the current owner had applied to that property during the tax year you are accessing.

I hope my answer was clear enough for you to understand!

101008 11:23

PS, I’ll go ahead and give you the address of the foreclosed home for your reference, since this was public property for sale and you are using a link to a government public database.

Address: 2808 CHARTER OAK DRIVE, Plano, TX 75074

Key in just "2808" and "Charter" and it will pull up ok. You should come up with the Total taxing entities rate is 2.073884, and the taxes on this property is $2578 (with rounding, of course).

Formula: Appraised value of home is $124,326 for 2007.
$124326 x 2.073884 (City, College, school, county) = $2578.377

I’ve dealt with about 4 Realtors already in about 2 years trying to find my first home (in California) which has been so far a bad experience and unsuccessful. In my experiences thus far I’m come to the conculsion that all Realtors are just greedy used house salesman who really don’t have my best interest in mind. How do I go about representing myself in looking at houses or if I want to make a offer on a home. I would like to eliminate a Realtor altogether as a middle man. I would appreciate any advise given!

After taking Real Estate classes I’ve learned it is far better to use a realtor because they do all the paperwork for you and that can be a major headache. But if you want to do it yourself you will have to hire an attorney who specializes in Real Estate to write up the contracts and make sure the transaction is completed legally. You say you have dealt with Realtors before, were they just showing you the houses or were they your "buyers agent"? A buyers agent is a real estate salesperson who reprsents a buyer. They will find houses and also show them to you, you are their client and they are on your side, it becomes their legal duty to protect you. They must do what is in your best interest and cannot share any private information with the seller or anyone else. If what you had before was a buyers agent and they did not do what was in your best interest write a letter to your states Real Estate Commission. Buyers Agents have no attachment to the seller, unless they are a dual agent, but I do NOT recommend this at all as it means they represent both the seller and the buyer and therefore cannot be loyal to both parties. They must tell you this upfront and if they are, I’d find someone else. Good brokers do not allow Dual Agencies, but they are legal in some states. For them to become your "Buyer’s agent" you will sign a contract, they do not get paid unless they find a house for you and the deal gets closed. They can either be paid by you, by the seller, or you can make a lower offer for the house to cover the fees, also the listing broker may split her commission with your buyers agent, it all depends on that specific situation, but most of the time you as the buyer will not pay the fees, it generally comes off the selling price or the listing brokers splits. I hope this helps and if you need anything else you may contact me by email. Good Luck!