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sjglaze3Participant
My attorney fee for that sale was about $450. And it was roughly the same when I bought the house. Over there, the attorney acts as the title company/escrow company. The big difference in the UK is the disclosures, as in, there arn’t any. The emphasis is on the buyer to do their due diligence with the help of a good building inspector. Tax and HOA issues are really non-existent for most UK property. Also, most houses there are seriously old (my 1896 house was considered pretty average), so it’s almost inevitable there will be repair issues. Perhaps, people’s expectations here are much higher. They are buying their dream home and want everything to be perfect.
sjglaze3ParticipantMy attorney fee for that sale was about $450. And it was roughly the same when I bought the house. Over there, the attorney acts as the title company/escrow company. The big difference in the UK is the disclosures, as in, there arn’t any. The emphasis is on the buyer to do their due diligence with the help of a good building inspector. Tax and HOA issues are really non-existent for most UK property. Also, most houses there are seriously old (my 1896 house was considered pretty average), so it’s almost inevitable there will be repair issues. Perhaps, people’s expectations here are much higher. They are buying their dream home and want everything to be perfect.
sjglaze3ParticipantMy attorney fee for that sale was about $450. And it was roughly the same when I bought the house. Over there, the attorney acts as the title company/escrow company. The big difference in the UK is the disclosures, as in, there arn’t any. The emphasis is on the buyer to do their due diligence with the help of a good building inspector. Tax and HOA issues are really non-existent for most UK property. Also, most houses there are seriously old (my 1896 house was considered pretty average), so it’s almost inevitable there will be repair issues. Perhaps, people’s expectations here are much higher. They are buying their dream home and want everything to be perfect.
sjglaze3ParticipantMy attorney fee for that sale was about $450. And it was roughly the same when I bought the house. Over there, the attorney acts as the title company/escrow company. The big difference in the UK is the disclosures, as in, there arn’t any. The emphasis is on the buyer to do their due diligence with the help of a good building inspector. Tax and HOA issues are really non-existent for most UK property. Also, most houses there are seriously old (my 1896 house was considered pretty average), so it’s almost inevitable there will be repair issues. Perhaps, people’s expectations here are much higher. They are buying their dream home and want everything to be perfect.
sjglaze3ParticipantThis is an interesting thread. I’ve often wondered how realtors can justify their 6% fee. I sold my house in England 10 years ago and spent 1.5% on the commission. This is typical over there – I just googled it and 1-2% is still the norm. Then again, the total sales contract for the UK house ran to about 3 pages! When I bought a house over here, it took 30 pages just to make an offer. I was blown away by the difference. It seems to me that the whole process has been hijacked by lawyers and the term “buyer beware” which covers real estate transactions abroad doesn’t apply here.
sjglaze3ParticipantThis is an interesting thread. I’ve often wondered how realtors can justify their 6% fee. I sold my house in England 10 years ago and spent 1.5% on the commission. This is typical over there – I just googled it and 1-2% is still the norm. Then again, the total sales contract for the UK house ran to about 3 pages! When I bought a house over here, it took 30 pages just to make an offer. I was blown away by the difference. It seems to me that the whole process has been hijacked by lawyers and the term “buyer beware” which covers real estate transactions abroad doesn’t apply here.
sjglaze3ParticipantThis is an interesting thread. I’ve often wondered how realtors can justify their 6% fee. I sold my house in England 10 years ago and spent 1.5% on the commission. This is typical over there – I just googled it and 1-2% is still the norm. Then again, the total sales contract for the UK house ran to about 3 pages! When I bought a house over here, it took 30 pages just to make an offer. I was blown away by the difference. It seems to me that the whole process has been hijacked by lawyers and the term “buyer beware” which covers real estate transactions abroad doesn’t apply here.
sjglaze3ParticipantThis is an interesting thread. I’ve often wondered how realtors can justify their 6% fee. I sold my house in England 10 years ago and spent 1.5% on the commission. This is typical over there – I just googled it and 1-2% is still the norm. Then again, the total sales contract for the UK house ran to about 3 pages! When I bought a house over here, it took 30 pages just to make an offer. I was blown away by the difference. It seems to me that the whole process has been hijacked by lawyers and the term “buyer beware” which covers real estate transactions abroad doesn’t apply here.
sjglaze3ParticipantThis is an interesting thread. I’ve often wondered how realtors can justify their 6% fee. I sold my house in England 10 years ago and spent 1.5% on the commission. This is typical over there – I just googled it and 1-2% is still the norm. Then again, the total sales contract for the UK house ran to about 3 pages! When I bought a house over here, it took 30 pages just to make an offer. I was blown away by the difference. It seems to me that the whole process has been hijacked by lawyers and the term “buyer beware” which covers real estate transactions abroad doesn’t apply here.
sjglaze3ParticipantFYI, the British economist Roger Bootle wrote a great book entitled The Death of Inflation back in 1998, long before most people even thought about deflation.
sjglaze3ParticipantFYI, the British economist Roger Bootle wrote a great book entitled The Death of Inflation back in 1998, long before most people even thought about deflation.
sjglaze3ParticipantFYI, the British economist Roger Bootle wrote a great book entitled The Death of Inflation back in 1998, long before most people even thought about deflation.
sjglaze3ParticipantFYI, the British economist Roger Bootle wrote a great book entitled The Death of Inflation back in 1998, long before most people even thought about deflation.
sjglaze3ParticipantFYI, the British economist Roger Bootle wrote a great book entitled The Death of Inflation back in 1998, long before most people even thought about deflation.
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