agreement of sale house?

Question

please help me with this as soon as you can ,on my agreement of sale paper ,it says check box and its cked if the property is subject to a special assessment lien imposed by a public body payable in instalments continue after settlement ,if so say who shall pay after settlement seller or buyer there is an X where buyer is who is me, this is pertaining to raydon ? please please help me with this . what does all this mean .thank you so much for helping

Answer 1

wow! does this IRRITATE me! i hope and pray that YOUR buyer broker did NOT put that check mark there!!! that wouldn't be representing YOUR interests! who put it there? when was it put there? if it was put in the box after you signed the offer (hope the creep gave you a photocopy of what you signed!), then, it is a counteroffer. a counteroffer nullifies and makes void the original offer.

and so, if that mark was put into the box by the seller or seller's agent AFTER you signed to buy, and it is not initialed by both the seller and by you, your offer is null and void and you do not have to buy the place.

no, it has nothing whatsoever to do with the gas radon.

if the property is assessed by special assessment imposed by the government, then it was assessed prior to your offering to buy the place. it is reasonably a SELLER'S cost, not your cost!

dammit! i HATE when things like this happen to an innocent, probably first time buyer!

if you went into this alone, have your real estate attorney check this out IMMEDIATELY. if your buyer broker did it, tell him to get it changed. be certain to call the buyer broker's managing broker too, and shout about it! call your real estate lawyer about it anyways!

don't go it alone ever again. i do not know how many times i stress this to buyers. get a good, reputable, and knowledgeable buyer's broker to represent YOU. it doesn't cost you anything, but you should be loyal to that buyer broker if he is doing his job, and you should call him first when you sell, too, as well as refer your friends to him. we have to make a living, BUT:

this is YOUR life, this is YOUR money, and this is YOUR future.

for most people, the singlemost largest layout of money is to purchase a home. this is IMPORTANT. the buyer's broker is obligated to represent YOUR best interests in all ways, way over and above his interest, which is only the derned commission.

if some person who got a license to sell, whom i call a "licensee," but i do not give the praise of being a REALTOR to, will never find out how to properly represent his client, he shouldn't be working at all in real estate. real estate is only this kind of business: service, service, service for people, people, people who want location, location, location. so they had better be able to show you how being your buyer's broker protects YOU. and then they are worthy of getting their derned cut of the pie, at the closing.

if anyone in my office pulled this, i'd tell them to give me the keys, get a box, and get out.

call your real estate attorney!!! now!!!