This is a program that helps people flip properties. No Cash or credit needed. Go to http://investormoneysolutions.com and watch video to see how.
The seller is the offeree. In all real estate cases, the seller will list or "put up for sale" their home or property. A buyer will then submit an offer to purchase that property making them, the offeror.
A net listing is an agreement between the seller of a home and the broker entrusted by the seller to find a buyer. In most listing agreements, the broker is entitled to a percentage of the selling price as his commission.
You are not able to purchase a home prior to auction unless the auctioneer and/or auction company has provisions with the seller to permit such a sale.
What is your motivation to sell the owner's home? What is your relationship to the seller? Are you a family member or a licensed real estate agent?
When the status on a property is listed as "Contingent w/no kick-out" (CNKO) it means that an offer has been presented to the seller with contingencies, and if those contingencies are not satisfied, then the seller may take another offer. A "kick-out" clause is sometimes used if a seller wants to reserve the option to accept a better offer, once the property is under contract. A "no kick-out" clause means that the seller relinquishes this option once his/her home is under contract. So, in your example "Contingent w/no kick-out" means that the seller has accepted an offer with contingencies, but cannot accept another offer unless those contingencies are not satisfied.
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That is a question for your tax attorney or accountant. In general, costs associated with selling an estate are tax deductable.
Yes, if it is your home and you are contracting a seller, it is up to you which seller you choose to hire.
Seller-paid concessions, when used properly, can mean the difference between closing a home sale and losing one. A concession is anything of value added to the transaction by the seller, builder, developer, salesperson or any interested party. A concession may also include any closing costs that would normally be paid by the buyer or cash given to the buyer to lower non-housing debts. Funds received from a relative to assist with a home purchase, or cash contributed from an employer as part of a corporate transfer are not considered seller concessions.
Any government program or other program that makes it easier for a person to buy a home increase the likelyhood of a seller being able to sell their home. Stimulating the marketplace will help sellers get more buyers who will be qualified to purchase in the door.
Is seller responsible for doing a research on a home that they want to sell
It does not cost the buyer because the seller pays the commission. An agent can sell any home in their MLS. By establishing a relationship with one agent, they can better determine your likes, wants and needs in order to help you find your perfect home.
The seller is the offeree. In all real estate cases, the seller will list or "put up for sale" their home or property. A buyer will then submit an offer to purchase that property making them, the offeror.
The choice of what home inspector to use for your home purchase is entirely up to you, the buyer. It is unusual for the seller to have knowledge of who the selected home inspector is, so I'm not sure who may have disclosed your selection of home inspector to the seller. Questions I would ask as buyer might include asking the seller if they possibly have had dealings with this home inspector in the past. Do they personally know him, and feel his recommendations may be biased? I would also recommend having a talk with your real estate professional and ask if they happened to disclose this information to the seller or seller's agent during conversations with them. Word to the wise - do your own research and select a home inspector that is independent from your agent.
The best way to organize home finances is to first set up a budget for each category, such as groceries, gas and mortgage. One can use a program such as Quicken to assist in organizing.
The seller of a home does not receive a commission. If you are referring to the real estate listing agent who assists the seller in selling the home, it can vary depending on what is negotiated. In the US 3% is fairly typical in most areas, but it is not unheard of for less of a commission to be paid.
It depends on state law.