Sounds fishy. You need to check your listing agreement very carefully. There are clauses there about how long the home will be on the market and what will happen should you break the contract.
From your question, it is hard to detmerine whether you broke the contract or not. I have heard many things in my days, but to insist you apologize to buyers is ludicrous. I recommend sending his nasty emails telling you to do that to his broker. If necessary call his broker. That is your next step.... more
All 7 of the previous comments are good advice. Please contact an attorney to give you some assistance. I've been in real estate for over 40 years, and giving possession at closing on an occupied house is always very tricky. If it's written in the purchase agreement that the seller has to pay the buyer a per diem rent for X number of days AFTER closing as long as they can stay in the house for those number of days, at least it will prevent the inconveniences you are suffering. Hopefully things will work themselves out in the next few days to a week. It is not that unusual this time of the year for lenders to get bogged down with documentation. Best wishes and good luck.... more
It is always best to list with a broker, because eventhough you will have to pay their commission whcihc is usually 6%, you will be able to sell your listing at a higher price, since you will get a global exposure. And most of all. they will filter the good and solid buyer from the not so solid buyers.
Good Luck!
fern Hamberger
fhamberger@citi-habitats.com
646-660-0060... more
Everyone situation is different depending on year purchased, any gains on the property, short sale or foreclosure. You should contact a tax professional to find out what is best for your scenario. Good luck and please let me know if I can be of further assistance.
Eddie Holmes, Broker
520-661-5340... more
Stacey, what a great time to list your home! Contact me so we can get a true value on your property to get it listed and sold so we can find the prefect new home for you and your family. I would be happy to show you our marketing plan to help you keep more money in your pocket.
Thanks
The Davis Team@
Southern Classic REALTORS
770-833-5965... more
Kathryn,
I would do a comparative market analysis for similar homes (like 3 bedrooms, 2 baths, lot size, convenience of location, amenities etc.) in your neighborhood, showing the average selling price for those homes in the last few months or within the current market conditions. This would place your price within a ready sellable range.... more
Hi Mxg286!
So it sounds like this may be a part of an estate and you not only were related but also lived next door and are now a beneficiary to some of the proceeds of the sale. Since your neighborhood is close knit perhaps attending settlement and providing them with a warm neighborly welcome and sharing some great memories that were had in the buyers new home would nice. And letting them know that you are looking forward to having them as your neighbors.
Best of luck! Dawn... more
You have a lot of answers already & I am sure that you now know nothing is normal. What is fair depends on so many circumstances, that an answer to that questions is next to inpossibe without a lot more information.
Good luck, Jirius Isaac... more
Very subjective question. Do you like red or white wine? Similar question. I prefer to show a home vacant but to answer your question I dont think it matters. If it is cluttered and filled with stuff, different story.... more
I have seen buyers who dont like stucco? Go figure. If you were my seller client I would council you to do no work, price it right and let the buyer decide how to change appearance of home!... more
Yes, the only charges would be prorated taxes for the seller at this time, fees for title insurance, fees for escrow, tax certificates, HOA certicates (if any), homeowners insurance cost to buyer and recording fees, plus the cost of preparation of a warranty deed. I think that should be about it... but Maryland may have additional costs.... contact a title company to get an estimate
Lenders have additional costs such as points, origination fees, tax and insurance escrow, loan documentation preparation and other junk fees.... more
Commissions are always negotiable between you and your agent, there are no set standards; therefore interview a few agents from different realty companies, then choose the one you like best and who has the most to offer; choose your agent with care and not by commission alone.... more
Ayla,
Here is my 2 cents worth, having worked with investors and home flippers it really isn't worth it. Here is why, lets assume your numbers are remotely correct, you would only be making an additional 50k if you did this and that is a BIG IF the market continues the way it is going, which no-one can predict. People who do this have a team already in place or are contractors themselves, so that it takes them 1-6 months get the home back on the market. The quicker they can get back on the market the better for them your 2 year predict is to far out to give you any reliable data to work with as far as what the market will be like. Here is the biggest reason, and you would be wise to put this in stone unless you have done 2 or 3 projects like this, IT WILL ALWAYS COST MORE AND TAKE LONGER THAN YOU PREDICT. So your additional 50k could easily be eaten up and most likely cost you even MORE.
Now if you were building this home for yourself as a place to live thats a different story entirely.
I hope that helps feel free to contact me with any questions.
At your service,
Allyson
408-705-6578
allyson@homesbyallyson.com
Certified Distressed Property Expert... more
Price, location, visibility, appeal are among the top factors in selling property. Obviously, you can't change the location but the other factors should be important considerations and things you should consider improving.
Making the excuse of having three dogs and three children is just that...an excuse, that will get in the way of your home" ability to sell and the price you could possibly receive for it. There are always ways of making adjustments to deal with difficult situations...but you need to be willing to extent the effort.
Good luck,
Bill... more
George,
Backing out of a transaction up to the point of closing is always an option....whether or not it a good one without consequences will depend on the terms of your agreement. Speaking with your real estate professional may clarify this option for you.
Good luck,
Bill... more
If you have kids, you need to know that most of the public schools in FL are not good, so plan on private school. Check crime stats in the area you are looking. Drive around A LOT to make sure you aren't missing anything (like a bad residential area, a coal burning plant, water treatment facility), etc. Ask about flood insurance, wind insurance, property taxes- all much higher than GA. Water/Sewage costs in FL are 5-10 times what they are in GA and in many cases, costs more per month than electricity.
But the weather is great for 8 months of the year!... more
Hi, Pools can be looked upon as a plus and also a negative with buyers. If there are no community pools in an area and most people have them it tends to be more of a plus. Another factor to consider, does the pool take away much of the usable yard... Once the local agents let you know what the trends are in Springfield you can dtermine what's best.
Christopher Pagli
Licensed Associate Broker
Accredited Buyer Representative
William Raveis Legends Realty Group
914.406.9023... more