Forum Replies Created
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jeeman
Participant“I do know from inside sources that some builders put sold signs on houses in their developments to give the appearance that the product is moving.”
We went to a few developers yesterday and saw alot of sold signs. That surprised me, but then I thought, it could be a tactic. Show a bunch of sold signs and that would motivate me to act quickly!
The lady at the other development (started with a “C”, can’t remember the name right now) pointed out a couple lots “left”, but then also said that there were a couple people who might have financing problems and those lots may be available. Yeah, sure, if we show interest in those lots, they would be available real quick, I bet.
Also, at Maybeck, we have to be prequalified by *THEIR* lender, even though we don’t have to use them. I think they need to know whether or not if the cancellations are really due to financing problems or not.
Jeeman
ParticipantLike you’re probably going to do, it wouldn’t hurt to get that attorney to send over a notice saying that major damage was hidden, and has a $10k repair bill. It might scare the sellers into coughing up some money. It was definitely stupid of them to water the house!
Good luck.
Jeeman
ParticipantLike you’re probably going to do, it wouldn’t hurt to get that attorney to send over a notice saying that major damage was hidden, and has a $10k repair bill. It might scare the sellers into coughing up some money. It was definitely stupid of them to water the house!
Good luck.
Jeeman
ParticipantI don’t know any RE Attorneys. But I think it will be difficult to prove that they knowingly withheld this information on the disclosure. What is easy for them to find is also (theoretically) easy for the inspector to find. I think you would have to prove that the sellers knew about the damage and failed to disclose it.
We sold our house, and I would hate to have someone come back to me after the transaction is done and ask for thousands of dollars more for something I don’t own anymore. Not trying to bash you, but I’m not sure what you can do if your due diligence failed to produce this damage in the first place.
Jeeman
ParticipantI don’t know any RE Attorneys. But I think it will be difficult to prove that they knowingly withheld this information on the disclosure. What is easy for them to find is also (theoretically) easy for the inspector to find. I think you would have to prove that the sellers knew about the damage and failed to disclose it.
We sold our house, and I would hate to have someone come back to me after the transaction is done and ask for thousands of dollars more for something I don’t own anymore. Not trying to bash you, but I’m not sure what you can do if your due diligence failed to produce this damage in the first place.
Jeeman
Participant“This offer includes the 3% agent fee which I am taking for myself in this transaction and is a portion off the price reflected”
You can do this without having a agent or brokers license?
Jeeman
Participant“This offer includes the 3% agent fee which I am taking for myself in this transaction and is a portion off the price reflected”
You can do this without having a agent or brokers license?
Jeeman
ParticipantSD R,
I would have thought it was the other way around. Those with a large margin of profit would be more willing to drop their price in order to move, as opposed to those who are underwater, who want to avoid writing a big check to the bank.
Jeeman
ParticipantSD R,
I would have thought it was the other way around. Those with a large margin of profit would be more willing to drop their price in order to move, as opposed to those who are underwater, who want to avoid writing a big check to the bank.
Jeeman
June 19, 2007 at 1:27 PM in reply to: San Diego RE inventory has stabilized and begun to shrink = have we arrived at the bottom???? #60485ParticipantNot agreed to yet, but look at 6941 Santa Fe Canyon in 92129. That’s looking to be a $250k loss….ouch!
Jeeman
June 19, 2007 at 1:27 PM in reply to: San Diego RE inventory has stabilized and begun to shrink = have we arrived at the bottom???? #60518ParticipantNot agreed to yet, but look at 6941 Santa Fe Canyon in 92129. That’s looking to be a $250k loss….ouch!
Jeeman
ParticipantI am not a realtor and despise the inefficiencies in the real estate commissions. However, builders do pay a co-op if a realtor brings in a buyer. If you, as a buyer, think you can get this coop on your own, go for it. Otherwise, a realtor can spend one hour to come in, get the coop and give most of it back to you (provided you negotiate this beforehand).
Jee
ParticipantI am not a realtor and despise the inefficiencies in the real estate commissions. However, builders do pay a co-op if a realtor brings in a buyer. If you, as a buyer, think you can get this coop on your own, go for it. Otherwise, a realtor can spend one hour to come in, get the coop and give most of it back to you (provided you negotiate this beforehand).
Jee
ParticipantStan,
I owe you an apology. I hastily read your post and realized you cut+pasted a snippet from a Realtor’s newsletter. So my comments are really directed to that ignoramus, lol.
Jeeman
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