If you buy a house from the owner directly, how much faster can u get the house and move in, rather than buying the house from a realtor?
2007-08-03 18:51:18 · 13 answers · asked by Mark1 3 in Business & Finance ➔ Renting & Real Estate
That depends on if the house is occupied or not obviously and what type of transaction it is. If you buy it from me, you can move in tomorrow!
2007-08-03 21:13:57 · answer #1 · answered by Anonymous · 0⤊ 1⤋
The process will probably be the same about of time. It takes 30 days to close escrow and the seller may request an additional 3 days to move out. If you decide to buy the house on your own however beware. If you don't have experience you might be in for trouble. A Realtor guides you through the whole process and makes sure all the necessary inspections are done. They can also show you many more homes in your price range since they have access to the MLS. Don't settle for the first home you see shop around and compare prices. Remember it's a "buyers market" so don't forget to ask the seller to help pay your closing cost.
Good luck with your home shopping...
2007-08-03 19:14:26 · answer #2 · answered by Sofi 2 · 0⤊ 0⤋
As far as I'm aware; your referring to "not using" an licensed realtor... and unfortunately it's not any faster then if you've dealt with an agency. In fact, chances are it may go even slower seeing as how neither party's sell and buy houses for a living. I've researched this question before except, I was looking to see if it saves a considerable amount of money. It just pay's to have an agent. Quick question, why wouldn't you? YOU as the buyer does not pay to have one, the seller does. There is loads of paperwork that need to be done in the right "wording" and order. Good luck.
2007-08-03 19:32:09 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Generally there is no time frame difference. It takes a given amount of time after a purchase is agreed upon to prepare documentation, obtain financing, etc, and these occur whether or not a realtor is involved.
A more important factor if you are concerned about move-in speed would be whether or not the home is vacant. Obviously vacant properties are much easier to move in to, since the owner has already left.
2007-08-03 21:26:56 · answer #4 · answered by acermill 7 · 1⤊ 0⤋
If you pay cash and don't need an inspection you could move in within the week either with or without a real estate company. My last house that I sold was closed and he moved in within 4 days. I used a real estate salesman but the buyer was ready and I had already moved out.
2007-08-03 19:02:53 · answer #5 · answered by shipwreck 7 · 0⤊ 0⤋
No, you don't get a lease low value. in the event that they do no longer seem to be doing issues that are required of them interior the lease, then you certainly can ***** to the city/city the place you reside. he will then have X style of days to restoration it and if he would not, then you certainly would be allowed to break your lease and pass. yet no, you don't get a chit. additionally, it rather is the reason you actual seem at an apartment till now you sign a lease. If each and every thing isn't up on your standards at that factor, then you certainly do no longer sign and you stay away from those style of problems. Why did you progression in till now all the subject concerns have been mounted?
2016-12-11 09:48:47 · answer #6 · answered by ? 4 · 0⤊ 0⤋
The move-in date is a date mutually agreed upon by both buyer and seller. However, some financing can take as much as 45 days... the seller can wait until you have financing locked in before allowing you to take possession of the property.
2007-08-03 18:55:07 · answer #7 · answered by tampico 6 · 0⤊ 0⤋
its gonna be pretty much the same amount of time....the reason people sell their houses without using a realtor is so they make a better profit.....otherwise they have to pay a certain percentage to their realtor. You will still have to go thru the same process of buying it though....you will still have to go to closing and still have to apply for a mortgage and all that.
2007-08-03 18:54:52 · answer #8 · answered by Just Wondering 5 · 2⤊ 0⤋
It all comes down to the date that you mutually agree too. You can only close as fast as your lender can underwrite the loan and title can be processed. So, it is not like you will close that much faster.
2007-08-03 20:15:27 · answer #9 · answered by bpl 5 · 0⤊ 0⤋
If you still went through a bank, you still have to wait for closing. If you paid cash it should be sooner. Depending if someone is currently living in the residence.
2007-08-03 18:56:21 · answer #10 · answered by Anonymous · 1⤊ 0⤋