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Updated over 7 years ago on . Most recent reply

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Mark Holmes
  • Investor
  • Bettendorf, IA
13
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I found a deal on CBRE website.

Mark Holmes
  • Investor
  • Bettendorf, IA
Posted
I found a deal on CBRE website, looking at the disclosure I noticed the seller only pays seller realator costs. So my question is what is my next step and can I contact their realtor not wanting to spend the money on my half? It is a large purchase so I don’t want to screw this up by asking the wrong person the wrong questions. The current mortgage in place is assumable, and no list price, do I assume current mortgage is equal to sale price? Thank you Mark

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Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
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Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
Replied

Why on earth would you assume the mtg balance is the sales price?
You can use the listing agent but if he agrees he won’t “represent you for free” and he is also obligated to the seller.

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