All Posts Tagged With: "negotiate"
Who Pays Foreclosure Property Taxes?
When you purchase a foreclosed property, are you responsible for back taxes? The general answer largely depends on when you buy the property. “If the property was foreclosed and possessed by the bank, the bank will have to pay the back taxes to sell the property with clear title,” says RealtyTrac spokesman Daren Blomquist. “However, [...]
8Nov2011 | Peter G. Miller | 0 comments | Continued
What’s A “Deed In Lieu” Of Foreclosure?
There were more than 3.5 million foreclosure notices sent out last year, a total which does not include homes lost with something called a deed in lieu of foreclosure. What is a “deed in lieu” of foreclosure and is it good or bad? Good & Bad In basic terms, a deed in lieu of foreclosure [...]
6Jan2010 | Peter G. Miller | 0 comments | Continued
How could our full-price offer be rejected?
We saw a home we liked and put in a full-price offer with only one small stipulation asking the seller to re-paint a bedroom. The seller now wants us to up our bid. Isn’t the seller required to accept our full-price offer? Answer: You may have made a full-price bid, but you did not accept [...]
28Aug2008 | Peter G. Miller | 2 comments | Continued
Can I Get A Real Estate Sale Agreement Online Or From A Hardware Store?
The opinion here is that standardized (national) buy/sell forms should not be used. Okay, the use of such forms is a bad idea. The reason is that sale agreement forms often require local content; without such content they may be void or voidable OR they might not reflect your interests. For instance, in one community [...]
28Aug2008 | Peter G. Miller | 0 comments | Continued
What is the VA COW Committee?
It is possible to assume older VA loans, those originated before March 1, 1988, without approval or review by a lender. If it happens that someone assumes such a loan, and the loan goes into default, the original VA borrower is responsible for paying any shortage if the loan is foreclosed. But, in some cases [...]
24Aug2008 | Peter G. Miller | 0 comments | Continued
Will Real Estate Brokerage Fees Fall To Zero?
Since the Internet first became commercially viable in the 1990s it’s been driven largely by a single principle, the idea of pushing prices to zero. If you can make money by not charging then you’ve likely got a winner. The reigning champ at this time is obviously Google — it makes a ton of money [...]
20Aug2008 | Peter G. Miller | 0 comments | Continued
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