Home › Forums › Closed Forums › Buying and Selling RE › Should I use a lawyer?
- This topic has 50 replies, 7 voices, and was last updated 17 years, 7 months ago by
NotCranky.
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April 29, 2008 at 10:07 AM #196183April 29, 2008 at 10:42 AM #196096
SD Realtor
ParticipantHi Nicole –
Sick in bed today…
Actually you do have a broker. The realtor who is representing you works for a broker. This is the broker I was referring to. Don’t confuse the financing process with the real estate process. So you are financing through the credit union. Understood.
Again, your realtor works for a broker. Concerns such as yours should go directly to the broker if you are indeed not happy or anxious about what is going on. Have your broker thoroughly review the contingency removal process and why your contingencies should remain in place due to what you have posted. Make sure any addendums are properly signed to extend the contingencies. Again, if something goes wrong with the transaction, the broker is liable so it will be in his best interest to make sure you are serviced correctly. Unless he is a poor broker. Also since you are under contract with him, it really would not be proper for any other realtor or broker to interact or review docs for you. I got my hands slapped here (rightfully so) for offering that up.
Anyways go to the broker first, or ask hubby to, then measure the situation. If you still are not comfortable then call an attorney.
SD Realtor
April 29, 2008 at 10:42 AM #196127SD Realtor
ParticipantHi Nicole –
Sick in bed today…
Actually you do have a broker. The realtor who is representing you works for a broker. This is the broker I was referring to. Don’t confuse the financing process with the real estate process. So you are financing through the credit union. Understood.
Again, your realtor works for a broker. Concerns such as yours should go directly to the broker if you are indeed not happy or anxious about what is going on. Have your broker thoroughly review the contingency removal process and why your contingencies should remain in place due to what you have posted. Make sure any addendums are properly signed to extend the contingencies. Again, if something goes wrong with the transaction, the broker is liable so it will be in his best interest to make sure you are serviced correctly. Unless he is a poor broker. Also since you are under contract with him, it really would not be proper for any other realtor or broker to interact or review docs for you. I got my hands slapped here (rightfully so) for offering that up.
Anyways go to the broker first, or ask hubby to, then measure the situation. If you still are not comfortable then call an attorney.
SD Realtor
April 29, 2008 at 10:42 AM #196154SD Realtor
ParticipantHi Nicole –
Sick in bed today…
Actually you do have a broker. The realtor who is representing you works for a broker. This is the broker I was referring to. Don’t confuse the financing process with the real estate process. So you are financing through the credit union. Understood.
Again, your realtor works for a broker. Concerns such as yours should go directly to the broker if you are indeed not happy or anxious about what is going on. Have your broker thoroughly review the contingency removal process and why your contingencies should remain in place due to what you have posted. Make sure any addendums are properly signed to extend the contingencies. Again, if something goes wrong with the transaction, the broker is liable so it will be in his best interest to make sure you are serviced correctly. Unless he is a poor broker. Also since you are under contract with him, it really would not be proper for any other realtor or broker to interact or review docs for you. I got my hands slapped here (rightfully so) for offering that up.
Anyways go to the broker first, or ask hubby to, then measure the situation. If you still are not comfortable then call an attorney.
SD Realtor
April 29, 2008 at 10:42 AM #196175SD Realtor
ParticipantHi Nicole –
Sick in bed today…
Actually you do have a broker. The realtor who is representing you works for a broker. This is the broker I was referring to. Don’t confuse the financing process with the real estate process. So you are financing through the credit union. Understood.
Again, your realtor works for a broker. Concerns such as yours should go directly to the broker if you are indeed not happy or anxious about what is going on. Have your broker thoroughly review the contingency removal process and why your contingencies should remain in place due to what you have posted. Make sure any addendums are properly signed to extend the contingencies. Again, if something goes wrong with the transaction, the broker is liable so it will be in his best interest to make sure you are serviced correctly. Unless he is a poor broker. Also since you are under contract with him, it really would not be proper for any other realtor or broker to interact or review docs for you. I got my hands slapped here (rightfully so) for offering that up.
Anyways go to the broker first, or ask hubby to, then measure the situation. If you still are not comfortable then call an attorney.
SD Realtor
April 29, 2008 at 10:42 AM #196214SD Realtor
ParticipantHi Nicole –
Sick in bed today…
Actually you do have a broker. The realtor who is representing you works for a broker. This is the broker I was referring to. Don’t confuse the financing process with the real estate process. So you are financing through the credit union. Understood.
Again, your realtor works for a broker. Concerns such as yours should go directly to the broker if you are indeed not happy or anxious about what is going on. Have your broker thoroughly review the contingency removal process and why your contingencies should remain in place due to what you have posted. Make sure any addendums are properly signed to extend the contingencies. Again, if something goes wrong with the transaction, the broker is liable so it will be in his best interest to make sure you are serviced correctly. Unless he is a poor broker. Also since you are under contract with him, it really would not be proper for any other realtor or broker to interact or review docs for you. I got my hands slapped here (rightfully so) for offering that up.
Anyways go to the broker first, or ask hubby to, then measure the situation. If you still are not comfortable then call an attorney.
SD Realtor
April 29, 2008 at 10:59 AM #196106TemekuT
ParticipantNicole, SD Realtor is correct. I went back and read the post and you do state that you have a realtor who in turn has a broker. I failed to see that in the first quick reading. And SD Realtor is correctly informing you to go to your realtor’s broker.
My fault for the quick perusal and answer while returning phone calls this morning.
April 29, 2008 at 10:59 AM #196138TemekuT
ParticipantNicole, SD Realtor is correct. I went back and read the post and you do state that you have a realtor who in turn has a broker. I failed to see that in the first quick reading. And SD Realtor is correctly informing you to go to your realtor’s broker.
My fault for the quick perusal and answer while returning phone calls this morning.
April 29, 2008 at 10:59 AM #196164TemekuT
ParticipantNicole, SD Realtor is correct. I went back and read the post and you do state that you have a realtor who in turn has a broker. I failed to see that in the first quick reading. And SD Realtor is correctly informing you to go to your realtor’s broker.
My fault for the quick perusal and answer while returning phone calls this morning.
April 29, 2008 at 10:59 AM #196185TemekuT
ParticipantNicole, SD Realtor is correct. I went back and read the post and you do state that you have a realtor who in turn has a broker. I failed to see that in the first quick reading. And SD Realtor is correctly informing you to go to your realtor’s broker.
My fault for the quick perusal and answer while returning phone calls this morning.
April 29, 2008 at 10:59 AM #196223TemekuT
ParticipantNicole, SD Realtor is correct. I went back and read the post and you do state that you have a realtor who in turn has a broker. I failed to see that in the first quick reading. And SD Realtor is correctly informing you to go to your realtor’s broker.
My fault for the quick perusal and answer while returning phone calls this morning.
April 29, 2008 at 4:24 PM #196226Nicole
ParticipantWow, I can’t believe how little I know about all this. So, I have a broker, eh? Who knew! Thanks for helping me and not making me feel like an idiot. The information was very helpful particularly all the clarification regarding the different documents- I see what you mean by not confusing the loan docs with the real estate docs.
I called my agent again and had him go through it all again with me to clarify everything. He said that we should be getting an extension of the banks approval in writing shortly. I’m feeling much more comfortable with things and will go straight to the broker if things seem to be breaking down again. This real estate stuff can be quite a roller coaster. The home inspection is tomorrow and there are some repairs being done today from some “minor” termite damage. The termite thing freaks me out a bit. We’re on schedule to close next week.
-nicole
new house hunterPS – hope you feel better soon SDR
April 29, 2008 at 4:24 PM #196260Nicole
ParticipantWow, I can’t believe how little I know about all this. So, I have a broker, eh? Who knew! Thanks for helping me and not making me feel like an idiot. The information was very helpful particularly all the clarification regarding the different documents- I see what you mean by not confusing the loan docs with the real estate docs.
I called my agent again and had him go through it all again with me to clarify everything. He said that we should be getting an extension of the banks approval in writing shortly. I’m feeling much more comfortable with things and will go straight to the broker if things seem to be breaking down again. This real estate stuff can be quite a roller coaster. The home inspection is tomorrow and there are some repairs being done today from some “minor” termite damage. The termite thing freaks me out a bit. We’re on schedule to close next week.
-nicole
new house hunterPS – hope you feel better soon SDR
April 29, 2008 at 4:24 PM #196282Nicole
ParticipantWow, I can’t believe how little I know about all this. So, I have a broker, eh? Who knew! Thanks for helping me and not making me feel like an idiot. The information was very helpful particularly all the clarification regarding the different documents- I see what you mean by not confusing the loan docs with the real estate docs.
I called my agent again and had him go through it all again with me to clarify everything. He said that we should be getting an extension of the banks approval in writing shortly. I’m feeling much more comfortable with things and will go straight to the broker if things seem to be breaking down again. This real estate stuff can be quite a roller coaster. The home inspection is tomorrow and there are some repairs being done today from some “minor” termite damage. The termite thing freaks me out a bit. We’re on schedule to close next week.
-nicole
new house hunterPS – hope you feel better soon SDR
April 29, 2008 at 4:24 PM #196303Nicole
ParticipantWow, I can’t believe how little I know about all this. So, I have a broker, eh? Who knew! Thanks for helping me and not making me feel like an idiot. The information was very helpful particularly all the clarification regarding the different documents- I see what you mean by not confusing the loan docs with the real estate docs.
I called my agent again and had him go through it all again with me to clarify everything. He said that we should be getting an extension of the banks approval in writing shortly. I’m feeling much more comfortable with things and will go straight to the broker if things seem to be breaking down again. This real estate stuff can be quite a roller coaster. The home inspection is tomorrow and there are some repairs being done today from some “minor” termite damage. The termite thing freaks me out a bit. We’re on schedule to close next week.
-nicole
new house hunterPS – hope you feel better soon SDR
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