As everybody knows this is a pretty major purchase. We are buying the house that is owned by a realtor. She buys houses , fixes them up and sells them. It's a great house and we are getting excited! The seller is rather unfriendly and doesn't answer emails, etc. She loves this house and actually offered to pay us a rather large amount to back out of the purchase!
Now that the closing is approaching I'm concerned about many details, important ones, that we have not considered (we don't have a realtor representing us!). I am not good at this type of thing...at all!!! My husband doesn't seem interested...period. He has a lot going on with his business, etc.
Does anyone have any important details that I could "take to the table"? Are there any "emergency" kinds of things that I should be done early on??
Thanks for any info. out there!!!
2007-06-13 15:18:24 · 6 answers · asked by Eve 4 in Business & Finance ➔ Renting & Real Estate
Get an inspection done by a professional, get your financing done early, have a walk through one day before closing and make sure everything works ok, make sure that all appliances and blinds and chandeliers are included in the contract and most importantly retain an attorney for the closing to make sure the title and boundary lines are taken care of, among other things. Good luck.
2007-06-13 15:34:45 · answer #1 · answered by Akbar B 6 · 3⤊ 0⤋
What you should have done early on is have somebody look at the contracts, an RE attorney, or have a Realtor representing your interests.
You should have had a series of inspections done, if it is on well and septic those should have been tested, a whole home inspection, a termite and dry rot inspection -- all to your satisfaction.
Ask for a final walk through before closing so you can be sure that all the repairs were done to your liking.
What important details you could "take to the table" are not important at that point. When you get to the closing table, everything should be finalized.
2007-06-13 17:28:32 · answer #2 · answered by godged 7 · 0⤊ 1⤋
On top of all the things other experts said, visit the house few hours before the closing, check if the yard is free of any junk. I was involved in house purchase three times, for some reason had that problem all the time. Some people don't clean up when they move out, if that happened you should request junk removal at the time of closing. Remember, once you sign the closing paper, it's (usually) pretty hard to contact the previous owner.
2007-06-14 03:24:23 · answer #3 · answered by The Catalyst 4 · 0⤊ 0⤋
I don't understand
The realtor is the owner, But not the seller?? How can this be??
If the realtor is the owner and the seller and now doesn't want to complete the deal, I suggest you see a lawyer.
If the realtor owns the place and wants to sell, Who is this other person.?
The realtor who owns it and wants to sell it , has to deliver it to you legally in the same condition you viewed it in, when you made the deal.
2007-06-13 15:32:09 · answer #4 · answered by bob shark 7 · 0⤊ 0⤋
I hope that you got a home inspection and negotiated the items that needed to be repaired and got a good appraisal from your lender. Your title company/closing attorney will give you some great advice for free about the contract and other items like the survey if your getting one too.
2007-06-13 15:46:24 · answer #5 · answered by jamesnbarnes 3 · 0⤊ 0⤋
Now you know why it's important to hire a Realtor to represent YOUR interests BEFORE you sign the dotted lines.
Without knowing anything about your contract and what you signed, it's next to impossible to help you here.
2007-06-13 15:29:48 · answer #6 · answered by acermill 7 · 1⤊ 1⤋