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September 13, 2009 at 4:42 PM in reply to: First time homebuyer tax credit, joint ownership, joint tax return etc. #456736September 13, 2009 at 4:42 PM in reply to: First time homebuyer tax credit, joint ownership, joint tax return etc. #456926infoseekerParticipant
Thanks.. got it. Will also talk to an tax consultant
September 13, 2009 at 10:01 AM in reply to: First time homebuyer tax credit, joint ownership, joint tax return etc. #456015infoseekerParticipantThanks a lot for the response ugsfugs. Could you please elaborate the $4K consequence. Pardon my ignorance, I am not aware of it and the reason.
September 13, 2009 at 10:01 AM in reply to: First time homebuyer tax credit, joint ownership, joint tax return etc. #456207infoseekerParticipantThanks a lot for the response ugsfugs. Could you please elaborate the $4K consequence. Pardon my ignorance, I am not aware of it and the reason.
September 13, 2009 at 10:01 AM in reply to: First time homebuyer tax credit, joint ownership, joint tax return etc. #456544infoseekerParticipantThanks a lot for the response ugsfugs. Could you please elaborate the $4K consequence. Pardon my ignorance, I am not aware of it and the reason.
September 13, 2009 at 10:01 AM in reply to: First time homebuyer tax credit, joint ownership, joint tax return etc. #456617infoseekerParticipantThanks a lot for the response ugsfugs. Could you please elaborate the $4K consequence. Pardon my ignorance, I am not aware of it and the reason.
September 13, 2009 at 10:01 AM in reply to: First time homebuyer tax credit, joint ownership, joint tax return etc. #456808infoseekerParticipantThanks a lot for the response ugsfugs. Could you please elaborate the $4K consequence. Pardon my ignorance, I am not aware of it and the reason.
infoseekerParticipantActually, I dont know how much work I expect the agent to do. I might need to see a dozen houses but am pretty certain that I wont fall out of escrow a couple of times π But given the other post mentioning about we compensating in case coop commission doesnt come up to my fixed amount; I will most likely settle for the percentage rebate structure the agent has proposed.
infoseekerParticipantActually, I dont know how much work I expect the agent to do. I might need to see a dozen houses but am pretty certain that I wont fall out of escrow a couple of times π But given the other post mentioning about we compensating in case coop commission doesnt come up to my fixed amount; I will most likely settle for the percentage rebate structure the agent has proposed.
infoseekerParticipantActually, I dont know how much work I expect the agent to do. I might need to see a dozen houses but am pretty certain that I wont fall out of escrow a couple of times π But given the other post mentioning about we compensating in case coop commission doesnt come up to my fixed amount; I will most likely settle for the percentage rebate structure the agent has proposed.
infoseekerParticipantActually, I dont know how much work I expect the agent to do. I might need to see a dozen houses but am pretty certain that I wont fall out of escrow a couple of times π But given the other post mentioning about we compensating in case coop commission doesnt come up to my fixed amount; I will most likely settle for the percentage rebate structure the agent has proposed.
infoseekerParticipantActually, I dont know how much work I expect the agent to do. I might need to see a dozen houses but am pretty certain that I wont fall out of escrow a couple of times π But given the other post mentioning about we compensating in case coop commission doesnt come up to my fixed amount; I will most likely settle for the percentage rebate structure the agent has proposed.
infoseekerParticipantThanks a lot for the nomeclature clarification. One of our shortlisted buyer agents is offering what I belive is a reasonable commission rebate percentage in addition to having good recos from recent homebuyers. I am planning to see if he is open for a fixed dollar amount commission and give remaining buyer (coop) commission as rebate to us. The fixed commission I plan to negotiate will be based on our home price range and his quoted effective commission percentage. I believe fixed dollar amount commision will be the least conflict of interest scenario. Are there any downsides with this approach?
infoseekerParticipantThanks a lot for the nomeclature clarification. One of our shortlisted buyer agents is offering what I belive is a reasonable commission rebate percentage in addition to having good recos from recent homebuyers. I am planning to see if he is open for a fixed dollar amount commission and give remaining buyer (coop) commission as rebate to us. The fixed commission I plan to negotiate will be based on our home price range and his quoted effective commission percentage. I believe fixed dollar amount commision will be the least conflict of interest scenario. Are there any downsides with this approach?
infoseekerParticipantThanks a lot for the nomeclature clarification. One of our shortlisted buyer agents is offering what I belive is a reasonable commission rebate percentage in addition to having good recos from recent homebuyers. I am planning to see if he is open for a fixed dollar amount commission and give remaining buyer (coop) commission as rebate to us. The fixed commission I plan to negotiate will be based on our home price range and his quoted effective commission percentage. I believe fixed dollar amount commision will be the least conflict of interest scenario. Are there any downsides with this approach?
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