All Forum Posts by: Kevin Zimmer

As Jonathan Towell says, the realtor will get a cut in the deal.  But most lenders want a realtor involved so the property is listed on the mls to get the most exposure/highest possible offer.  

I am a realtor in NJ, and while the state is not that large, I am a member of 2 MLS's just to work in 4 counties.I know of at least 4 other MLS in the state.So the first thing you should find out is if your Aunt's MLS covers your area.If so, she would know whether or not she could legally share her credentials (probably not).Some MLS systems allow an assistant, and for a nominal fee you may be able to be your aunts assistant and get your own access.Her broker may have to agree to allowing you to do that.

The reason you spent the money for the inspection was to obtain peace of mind or to have a legitimate reason to kill the deal.Basic maintenance, repairs, or end of life issues are not grounds to terminate, but anything structural would.Are you using an attorney for your side?If so they will normally write your letter requesting repairs or credits.If not, nothing stops you from writing a request on your own. You never know what the seller is willing to do until you ask.Don’t get sucked into the deal just because you have spent money on the report…but don’t make excuses to get out either.At some point you need to have good handy men or contractors on your team.If you use them enough they will give an honest opinion of what repairs are necessary and if you should go through with the deal.