All Forum Posts by: Lydia S.

@Mark Cios

Homepath offers have some significant paperwork that is different than the standard State Purchase Agreement forms and unless your Realtor has done one or is willing to study what’s involved to do it properly, you might wish to find someone else who has experience or the gumption to learn.

@Ben Morand

Whatever Brokerage you decide to hang your license under should be one that provides you with the direction and support you desire.  Ours has a mentorship program in place and I have mentored about 8 newer Realtors after having been mentored by our Broker myself.  Absolutely a vital tool if you ask me!

Plus, attend lots and lots of post licensing courses on contracts, negotiations, wells/septic, and the million other opportunities that your Association and Brokerage provide.

Best of luck to you!

@Lizbeth Vaquero

You don’t even have to change your offer if your calculations say to stick with the original.  You’ll either win or lose this one, so it’s up to you.

@Erik Olsen

I read your question as wondering if a realtor still has to be involved in the deal if you buy it before it goes on the market.

If they have already signed a listing agreement with a realtor, then indeed the commission will be paid at closing.

@Scott Weston

It’s going to be outlined in the contract that exists regarding options around inspection negotiations.  Typically the parties have to come to an agreement or the deal dies.  If neither the seller nor the buyer can find a resolution to the repair request, no one can force it to move forward.  Usually though, a compromise is reached.

@Juan Correia

What proposals are you making? Are they on a contract or just verbal?

@Benjamin Nitz

Has she found solutions yet? Her broker and local MLS should be able to guide her and each MLS is different.

Ours has the ability to separate REO's or short sales plus has the ability to use search words such as ‘fixer, investor, as-is...'etc etc, so that if the listing agent used such words in their description then the property will show up in that search.

Hope that helps!

@Da Zhang

If you were to do this and went under contract in that two week period before you had to leave town, remember that you will have to put someone in charge of allowing access for inspections and an Appraiser while you are away.  If you were to use a realtor, they would be able to look after that.

@Shawn Callan

This may be State specific, but in New Mexico the seller chooses whether he wants the Realtor to reveal terms of the offer when signing a listing agreement.  They can  have the Realtor say nothing, or reveal if there are other offers, or reveal terms if asked.  As you can imagine, there are pros and cons to each, so the seller needs to be made aware of the strategy and decide what they prefer.

@Joshua Herald 

Your plan is for another live-in flip?  What about rehab loans as an option?