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Replies: 34
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All-In [46801]
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The one thing I don't take well is waiting
Mar 10, 2021, 9:38 AM
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sitting around waiting on the realtor to do his #### and schedule the termite inspection, regular inspection, and appraisal.
It's been 4 days. How long does this ###### need?
Meanwhile there's nothing I can move forward on with the other house because if they are given a reason to back out then I'll have to back out of the other agreement.
I hate waiting games.
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Oculus Spirit [78876]
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Re: The one thing I don't take well is ####***
Mar 10, 2021, 9:40 AM
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Oculus Spirit [85166]
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Re: The one thing I don't take well is ####***
Mar 10, 2021, 9:52 AM
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Oculus Spirit [78876]
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Hope you like ugly crying.***
Mar 10, 2021, 11:46 AM
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All-In [36450]
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Patience is a virtue***
Mar 10, 2021, 9:41 AM
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All-In [43608]
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Just think about the $2412 you saved
Mar 10, 2021, 9:54 AM
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by not paying a realtor 6%.
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All-In [46801]
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Re: Just think about the $2412 you saved
Mar 10, 2021, 9:56 AM
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CU Medallion [56005]
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Oculus Spirit [80999]
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Uh..you know you can do this, as well?
Mar 10, 2021, 10:06 AM
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You'll have to pay for the inspection anyway..find a good one. I've used the same one the last 2 times and they make a great report.
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Oculus Spirit [80999]
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Wait..which house is this for?
Mar 10, 2021, 10:07 AM
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selling or buying?
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All-In [46801]
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This is for the house I am selling. So they are on the hook
Mar 10, 2021, 10:10 AM
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for those inspections.
I also am not scheduling inspections on the house I am buying until the house I am selling passes inspection (I"m sure it will, but just in case) because if we can't agree on fixes, then they can back out of the contract.
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Oculus Spirit [80999]
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Not sure how it is in BFE, but if you are on a time line,
Mar 10, 2021, 10:15 AM
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I'd start scheduling all kinda stuff because everyone and everything has a longer lead time than you'd think. If it falls through then cancel.
I mean, unless you just like moving twice.
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All-In [46801]
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Already worked it out with the in-laws
Mar 10, 2021, 10:19 AM
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we can move in to the new house before the closing date for the purchase.
So we are not in a hurry in that respect.
I'm just tired of worry about what the reports are going to find and how much profit I'm going to havee to come off of.
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All-TigerNet [12763]
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Cool, so you got an offer?***
Mar 10, 2021, 10:20 AM
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All-In [46801]
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Yep. Full asking and buyer covers commission***
Mar 10, 2021, 10:20 AM
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All-TigerNet [12763]
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Congarts!
Mar 10, 2021, 10:24 AM
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you sure there ain't oil under there? If ammo wasn't so expensive I'd recommend pot shots all over the property just to make sure. :-D
Enjoy the process. And by enjoy, I mean... peace be with you.
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All-In [46801]
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Thanks. Nothing more stressful than buying/selling a house
Mar 10, 2021, 10:27 AM
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and an ol girl going through your phone.
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All-TigerNet [12763]
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you ain't wrong***
Mar 10, 2021, 10:27 AM
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Oculus Spirit [80999]
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meh..its a business deal.
Mar 10, 2021, 10:30 AM
[ in reply to Thanks. Nothing more stressful than buying/selling a house ] |
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Once you've accepted you won't make near as much as you think, or that its going to cost a lot more than you planned, buying the house is the easy part.
The stressful part is moving. When I leave this rental I've seriously though of renting a big dumpster in front of the house and put everything in it, and just starting over somewhere else.
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All-In [46801]
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I agree and I'm already aware I'm not going to make the
Mar 10, 2021, 10:33 AM
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profit I would have if we closed right now.
As long as it doesn't cost me over 10k total I'll have a nice chunk of change for the bathroom remodel.
Also, moving isn't that big of a deal to me. Got a lot of help and both sides of the family is lush in trailers that we stole from an ol boy in the upstate.
Although depending on how much profit I may hire 2 men and a truck and be done with it.
Message was edited by: FBCoachSC®
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Oculus Spirit [80999]
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If you are >25 years old, the time of getting friends and
Mar 10, 2021, 10:36 AM
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family to loan you their truck and a trailer and help in exchange for cold pizza and lukewarm cheap beer has long since past.
Pony up and pay some movers.
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Oculus Spirit [79401]
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No ####, who ##### has time to help a grown ### man and
Mar 10, 2021, 10:50 AM
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his family move? Who would wreck one of their weekends for that?
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Lot o points [163010]
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I hate real estate stuff.
Mar 10, 2021, 10:26 AM
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But, yes it takes a while to get this stuff done.
Just stay in contact with them to be sure they are getting things done.
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All-In [46801]
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I was going to call today, but figured I'd give him until
Mar 10, 2021, 10:29 AM
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Friday then call just to keep in touch. The buyer's attorney did email me a seller information sheet yesterday though.
Figured that wouldn't be a priority form just yet. But I do need to go ahead and find an attorney on my side.
Will probably end up using in-law's attorney for both sides of the transaction. Make it more streamline.
Hopefully wont' have to worry about conflict of interest in a lawsuit among family.
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Lot o points [163010]
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Only need one attorney for a house closing and the buyer
Mar 10, 2021, 10:32 AM
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picks and pays.
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Oculus Spirit [80999]
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This last contract I did had the buyer paying some as well
Mar 10, 2021, 10:34 AM
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I'm not sure how all that worked.
Seems like every time I go though this something is different.
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Lot o points [163010]
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Well, no doubt you can agree to anything
Mar 10, 2021, 10:37 AM
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as far as who pays for what.
It is the unseen stuff they always argue about. Our subdivision requires a $500 fee to the HOA on every sale - our neighbor did not know it, the buyer did not know it and buyers attorney just allocated to the seller on the closing. Well agents then got to decide who pays and they ended up splitting between them since neither knew about it.
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Oculus Spirit [80999]
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HOA's are pretty amazing. They get a "welcome to the hood"
Mar 10, 2021, 10:41 AM
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fee, then get a fee to get the hell outta there and away from their ridiculous rules.
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All-In [46801]
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Lot o points [163010]
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There is one transfer from you to them. That is what their
Mar 10, 2021, 10:38 AM
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attorney is doing. You are only worried about getting paid and the attorney has to get your mortgage paid off and balance to you or he/she cannot do the transfer of the deed.
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All-In [46801]
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In answer to you and IU,
Mar 10, 2021, 10:49 AM
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sounds like it is going to be easier to just use their attorney.
Plus from the prices I got their attorney is about $50 cheaper
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All-In [48963]
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Not only is it easier...
Mar 10, 2021, 10:53 AM
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if you got your own attorney for their closing it would be maybe the first time it's ever happened outside of huge commercial transactions.
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All-In [46801]
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Honestly I was going to use the lawyer for the house
Mar 10, 2021, 10:54 AM
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purchase for the house selling. Maybe he will cut me a deal since he would be doing my side of selling the current house and both sides of purchasing the other house.
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Oculus Spirit [80999]
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He probably does dozens of these a week.
Mar 10, 2021, 10:59 AM
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The lawyer I've used 5 or 6 times I've seen him close on the same house, to 3 different people, twice in one day.
I would be very surprised if he gives you a "deal" for anything.
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Oculus Spirit [80999]
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Your lawyer will provide all the contract numbers, deed
Mar 10, 2021, 10:39 AM
[ in reply to Thought I needed a lawyer for the transfer paperwork and ] |
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stamp costs, county and state costs etc. They compile all the documents you'll both have to sign regarding deed registration, proof that its actually you signing the documents, how teh finances are transferred, title insurance etc
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