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Can a person who is selling his house personaly give a HUD statement to the buyer?
Wiki User
∙ 11y ago
No. HUD statement should come from an HUD personnel only. They are the ones who are only authorized to give such. If one person insists, never sign ahead unless you have contacted an authorized HUD agent to confirm documents.
Wiki User
∙ 11y ago
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Can buyer and co-buyer be the same person?
No.
What is a first time buyer?
A first time buyer is normally refering to a person who is to buy a house for the first time rather than live by rent or lease
How would a person find out if they qualify for the First Time Home Buyer Tax Credit?
In a span of three years mainly, from 2008 to 2010, a person may qualify for the First Time Home Buyer Credit if they had bought primary residence from that year.
Who pays the title opinion in real estate?
The title opinion is a written statement confirming the ownership rights of the property. Both the buyer and the buyers lender need to know that the seller is in a position to convey the property. Since the attorney prepares the title opinion on the buyers behalf it's the buyer who pays for it. (This would be considered a closing cost on the buyer's side).
What are the dangers of selling house on contract?
If a seller and a buyer have already signed a contract, then you have to sell according to the contract. If you want to sell to someone else not on the contract, then you have to get out of the first contract.
What is traditional selling?
traditional selling is where the sales person take maintain control of the conversation from start to finish and persuad the buyer to buy even where the buyer is not in need.
Where could you get the most money from selling a used playstation?
Selling to a Private buyer
Coal what is a Mandate?
A mandate is a person who buys coal. This person is either a trader or a final burner. The mandate is the person who has the power of buying or selling coal. There are two types: buyer's mandate or seller's mandate.
What do business brokers do?
Business brokers job is to help both the buyer and seller in the selling process. They can just be one person or a firm in most cases.
Can buyer and co-buyer be the same person?
No.
Who pays the sales tax when selling a used car?
buyer
What is the opposite of the word shopkeeper?
There is NO direct opposite for the word shopkeeper. But if you think of a shopkeeper as a seller or business person selling wares, then the opposites would be a buyer or customer.
Must a seller tell a buyer that a car has a faulty motor?
In the UK, the Sale of Goods Act (s. 14) requires that all goods that a dealer sells must be of satisfactory quality; but this rule does not apply to private sales. A private seller has NO obligation to make any statement about the goods he is selling, nor to answer a buyer's questions. But if the seller DOES makes a false statement about the car (a "misrepresentation") the buyer can normally cancel the deal; and there may be breach of contract too. It is sufficient for the seller merely to IMPLY an untrue fact for it to be a misrepresentation. As a matter of conscience and good practice, if any person knowingly sells faulty goods, he should tell the buyer. This would allow a suitable price can be agreed; and would avoid the problems of a backlash from an angry buyer who feels aggrieved.
Is a car dealer required to inspect a car before selling it?
Yes, a car dealer needs to have the cars inspected before selling them. However, a person who is just selling their car, does not have to get it inspected. The buyer should always have someone else look over the car to be sure.
What is End Buyer?
An end buyer is a person that is the last person to purchase a finished product.
Is selling a car with the engine light on illegal?
No, as long as you tell the buyer it is on.
Which statement about contracts is correct?
The correct statement about contract is that a contract is an agreement between a buyer and a seller. A contract can be a written or oral agreement.
