taz157
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Post by taz157 on Jul 29, 2016 16:57:14 GMT -5
Should I make my next mortgage payment since I am closing on 08/17? I would as you would be considered late if you don't. Even though you close on 8/17, it could be a couple of days before they receive the payoff funds.
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Jaguar
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Post by Jaguar on Jul 29, 2016 17:11:01 GMT -5
Should I make my next mortgage payment since I am closing on 08/17? I would as you would be considered late if you don't. Even though you close on 8/17, it could be a couple of days before they receive the payoff funds. And if he didn't pay that would it follow him, cause I'm thinking it would follow him, screwing up his line of credit perhaps.
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Wisconsin Beth
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Post by Wisconsin Beth on Jul 29, 2016 17:12:04 GMT -5
Well we will be out attys fees because of this jerk. I need to find out how much.
My goals are two-fold with the complaint. First, no one should have to go through what we did. This guy abused his privilege as a licensee (we actually checked to see if there were previous disciplinary actions against him or his broker before entering into the sale with him and there weren't any). As a former licensee I'm appalled at what he did. No one should go through what we did and we were better prepared than most sellers. I wouldn't be seeking any monetary damages with the complaint. I think we are contractually obligated to go through the mediation/arbitration process.
Secondly, we all (DH, our atty and me) are convinced that this guy will find something wrong with the house as part of his remodeling project and claim we hid or covered it up. As previously described in this thread, DH found dirty hand prints around the electrical box and he also found the sewer clean-out caps loosened. It's obvious that he was having additional inspections done but not notifying us. We think it was done deliberately so he wouldn't have to notify us of any findings and so he could leave the door open for additional claims.
By filing the complaint I believe that any subsequent action by him will appear retaliatory and make him look even worse in front of the mediation/arbitration folks which will be handled through the Bureau of Real Estate. Our atty has been pushing us to find an excuse to go to mediation/arbitration because at the end of the process the buyer agrees to release us for ALL claims and cannot come back at us for any future claims.
I don't like doing business this way but sometimes you got to fight a bully by being even tougher than he is.
It's too bad you can track down who did the electrical inspection and possible the other inspections. They should be able to tell you what days the inspections where done and they might be willing to cooperate if they realized that they were on the property without permission because of this other guy. Then you would have your solid proof that not only did he enter the property without permission that he also had an unauthorized key. Good luck to you. I wonder if this could work.
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Post by Deleted on Jul 29, 2016 17:16:49 GMT -5
Should I make my next mortgage payment since I am closing on 08/17? I would as you would be considered late if you don't. Even though you close on 8/17, it could be a couple of days before they receive the payoff funds. You usually get to "skip" a mortgage payment when you first purchase or refinance. And you'll get the money you pay on the mortgage payment back when you close.
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CCL
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Post by CCL on Jul 29, 2016 17:34:34 GMT -5
Should I make my next mortgage payment since I am closing on 08/17? You mean the one due August 1st? Like everyone else has said, yes, you should pay it. When you close, they will calculate the payoff amount and it will take into consideration the payment you made for August 1st.
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taz157
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Post by taz157 on Jul 29, 2016 17:36:12 GMT -5
I would as you would be considered late if you don't. Even though you close on 8/17, it could be a couple of days before they receive the payoff funds. You usually get to "skip" a mortgage payment when you first purchase or refinance. And you'll get the money you pay on the mortgage payment back when you close. He's talking about his old house and that mortgage payment. Theoretically, that payment is due 8/1 with a late payment fee added if received after 8/15. Even though he closes 8/17, it could still be a few days before they receive the payoff funds. For me, I wouldn't wanted the late payment reported to the credit bureaus (even though I realize some care more if it's more than 30 days late). Also if closing is delayed for whatever reason, then the payoff would be delayed too. For me, I would pay the mortgage payment.
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Bonny
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Post by Bonny on Jul 29, 2016 17:51:18 GMT -5
I would as you would be considered late if you don't. Even though you close on 8/17, it could be a couple of days before they receive the payoff funds. And if he didn't pay that would it follow him, cause I'm thinking it would follow him, screwing up his line of credit perhaps. They typically don't report to the credit agencies until it's 30 days past the due date but they would probably ding him for the late charge during the pay-off.
TheHaitian, the bank will refund any excess.
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Post by Deleted on Jul 29, 2016 18:40:01 GMT -5
You usually get to "skip" a mortgage payment when you first purchase or refinance. And you'll get the money you pay on the mortgage payment back when you close. He's talking about his old house and that mortgage payment. Theoretically, that payment is due 8/1 with a late payment fee added if received after 8/15. Even though he closes 8/17, it could still be a few days before they receive the payoff funds. For me, I wouldn't wanted the late payment reported to the credit bureaus (even though I realize some care more if it's more than 30 days late). Also if closing is delayed for whatever reason, then the payoff would be delayed too. For me, I would pay the mortgage payment. Yes, I knew all that. I was trying to "comfort" him in that even though he has to make a mortgage payment on his old house on 8/1, he would get to skip the payment on 9/1 at his new house. I'm thinking that moving is creating a cash flow problem.
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Bonny
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Post by Bonny on Jul 30, 2016 10:26:16 GMT -5
It's too bad you can track down who did the electrical inspection and possible the other inspections. They should be able to tell you what days the inspections where done and they might be willing to cooperate if they realized that they were on the property without permission because of this other guy. Then you would have your solid proof that not only did he enter the property without permission that he also had an unauthorized key. Good luck to you. I wonder if this could work. Probably not.
I think these so-called 'inspectors" have worked with the buyer over the years. He has their loyalty. They would have had to have known that they were trespassing for that threat to have any teeth. The buyer represented that he had the authority to conduct these inspections. And he would have had he complied with giving us notice and having our agent present.
The creepiness of what he did and the secrecy is what has me so concerned about him coming back at us in the future.
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seriousthistime
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Post by seriousthistime on Aug 3, 2016 20:57:44 GMT -5
Ugh.
My house is officially on the market as of this evening.
There is a showing tomorrow. There's an open house this weekend.
My garage is a wreck, with boxes and packing materials and so on and so forth. A hauler took away a load of stuff away today, so that cleared up some of the mess. But the rest needs to be cleaned and organized.
On the other hand, the house looks amazing and the photographs/virtual tour make it look REALLY nice!
I'm on the real estate roller coaster.
Ugh.
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seriousthistime
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Post by seriousthistime on Aug 4, 2016 21:02:04 GMT -5
After Day One, I have had three showings. The sign is planted in the yard, as is the Open House sign and even a very large Open House feather flag just in case anyone missed the other two signs. I worked a bit in the garage this morning, watered all the outdoor plants (which should last them to Saturday in this heat), and swept off the porches from the flower petals.
I bet the neighbors are unhappy about the feather flag. It will be gone by Sunday.
I haven't gotten any feedback on any of today's showings.
For me, a naturally more relaxed person when it comes to neatness, this level of cleanliness is killing me. I feel I should move into a hotel to keep things pristine.
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seriousthistime
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Post by seriousthistime on Aug 7, 2016 6:45:36 GMT -5
My house is under contract, with contingencies for loan approval and inspection.
The open house is cancelled.
The buyers seem to be well qualified, and the appraisal shouldn't be a problem.
Hoping the inspection won't be a problem. Everyone expects a 30 year old house to be brand new in all respects. I blame HGTV.
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alabamagal
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Post by alabamagal on Aug 7, 2016 6:49:48 GMT -5
My house is under contract, with contingencies for loan approval and inspection. The open house is cancelled. The buyers seem to be well qualified, and the appraisal shouldn't be a problem. Hoping the inspection won't be a problem. Everyone expects a 30 year old house to be brand new in all respects. I blame HGTV. Good news!
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TheOtherMe
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Post by TheOtherMe on Aug 7, 2016 17:29:35 GMT -5
My house is under contract, with contingencies for loan approval and inspection. The open house is cancelled. The buyers seem to be well qualified, and the appraisal shouldn't be a problem. Hoping the inspection won't be a problem. Everyone expects a 30 year old house to be brand new in all respects. I blame HGTV. Great news and I also blame HGTV. My parents had issues with a house built in 1920 until they got a buyer who didn't request an inspection.
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taz157
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Post by taz157 on Aug 7, 2016 21:57:33 GMT -5
Our house went on the market on Friday and my DH is already frustrated with our realtor. The house pictures, virtual tour, and drone pictures have been fantastic! Other things haven't been the best though. I had to call about the sign on the house and the quality of the items left for people visiting the house. The answer I got about the sign was she wasn't sure we wanted one (even though it was discussed when they were leaving the house after we signed the contract) so it's getting ordered tomorrow. They had a black & white sheet of paper with the items that any realtor can get discussing the house. The dimensions on that sheet of paper are incorrect at that (which I hadn't noticed until after I spoke with her today). I had discussed having a booklet of the info about the house along with the various pictures taken, which she's going to do this week too. After I spoke to her, DH's other complaints were: some notes left up to state the close the doors, turn off lights, etc. aren't cut neatly and look half-assed. He didn't like her answer about open houses (i.e., you mostly get your neighbors or other busy bodies, but no serious lookers - DH interpreted it as it's a waste of time and I don't want to do it). We'll see what happens. Hopefully we get a contract soon and we'll be done with them soon. FWIW, we had 1 showing so far, but we were their 1st house to look at, they are in early in their search, and they're currently leasing, which ends in March.
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Jaguar
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Post by Jaguar on Aug 7, 2016 22:25:51 GMT -5
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seriousthistime
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Post by seriousthistime on Aug 8, 2016 6:30:59 GMT -5
Mine is under contract in less than two days. I hope taz157 and her DH work out the problems with their realtor and get a good, quick sale.
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Post by Deleted on Aug 8, 2016 7:27:10 GMT -5
DH's other complaints were: some notes left up to state the close the doors, turn off lights, etc. aren't cut neatly and look half-assed. He didn't like her answer about open houses (i.e., you mostly get your neighbors or other busy bodies, but no serious lookers - DH interpreted it as it's a waste of time and I don't want to do it).
I have actually read many times that Open Houses are a waste of time for you, the sellers. Lookers may not be serious and/or they may not be prequalified. Open Houses supposedly benefit the agent most because they get contact information on unrepresented buyers. I went to see both neighbors' houses when they were for sale.
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taz157
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Post by taz157 on Aug 8, 2016 7:33:04 GMT -5
It was kinda crappy weather over the weekend (afternoon thunderstorms) so that may not have helped things. With our last house, we had a contract within 2 days. House selling is just very stressful!
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taz157
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Post by taz157 on Aug 8, 2016 7:34:44 GMT -5
DH's other complaints were: some notes left up to state the close the doors, turn off lights, etc. aren't cut neatly and look half-assed. He didn't like her answer about open houses (i.e., you mostly get your neighbors or other busy bodies, but no serious lookers - DH interpreted it as it's a waste of time and I don't want to do it).
I have actually read many times that Open Houses are a waste of time for you, the sellers. Lookers may not be serious and/or they may not be prequalified. Open Houses supposedly benefit the agent most because they get contact information on unrepresented buyers. I went to see both neighbors' houses when they were for sale. We've heard the same thing. IIRC, we did get a buyer when we sold a house 2 houses ago, but it was also a very crappy time to sell a house (early 2008) so we were going to try anything.
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zibazinski
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Post by zibazinski on Aug 8, 2016 7:36:06 GMT -5
As a former agent I can tell you that's exactly what they are. That's how agents make contact with potential buyers.
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seriousthistime
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Post by seriousthistime on Aug 8, 2016 7:59:20 GMT -5
But oddly, I have bought two houses from open houses. With one, I had no intention of buying that house, or any other house because I was happy with the house I had. With the second, we might or might not have not gone to see it on our own. But it was open, so we went in and fell in love with it.
I always go into the neighbors' open houses. I like to assess the competition.
I asked the agent before I listed if he would be having open houses. He said it was up to me. I said I wanted one, ASAP. He planted the "Open Sunday" sign as soon as he planted the "for sale" sign. It was an eye catcher. At least part of the idea was to create some buzz and urgency with the showings. It worked. He said he could still do the open house on Sunday, but didn't seem all that eager. I asked if he wanted to prospect for some buyers from the open house, and he was noncommittal and said it would probably mean 20 groups of people would be going through my house in a two-hour span. Since neither of us was eager, it was cancelled.
Fingers crossed that it worked, anyway. A "sale pending" is not a sale.
ETA: When I was looking to buy, I went to open houses most Sundays. I was definitely in the market, and it was easier for me to see places on the weekend. I think the realtor arranged relatively few private showings for me, but I probably saw 40 houses altogether. Just because I went to open houses didn't mean I wasn't a potential buyer.
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shanendoah
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Post by shanendoah on Aug 8, 2016 10:16:41 GMT -5
Whether or not an open house will sell your house depends on the market. Here in the Seattle area, open houses are selling houses. Houses are going on the market Wed-Fri, having open houses Sat and/or Sun, and they are looking at offers on Monday, with sales pending by Tuesday, unless there's a bidding war. Here, if you seriously want to buy a house, you need to be going to open houses on the weekends, because houses just aren't staying on the market long enough for your agent to get you in to view them. Now, this isn't true for all Seattle area neighborhoods, but it is for the more desirable neighborhoods. And if your house isn't priced right, it doesn't matter at all. But I follow the Seattle market pretty quickly, and well priced houses in good neighborhoods are generally pending in less than a week.
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Post by Deleted on Aug 8, 2016 10:21:30 GMT -5
This is what my sister's buy in Seattle was like. They seriously closed like two weeks after It was listed.
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emma1420
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Post by emma1420 on Aug 8, 2016 11:18:15 GMT -5
Whether or not an open house will sell your house depends on the market. Here in the Seattle area, open houses are selling houses. Houses are going on the market Wed-Fri, having open houses Sat and/or Sun, and they are looking at offers on Monday, with sales pending by Tuesday, unless there's a bidding war. Here, if you seriously want to buy a house, you need to be going to open houses on the weekends, because houses just aren't staying on the market long enough for your agent to get you in to view them. Now, this isn't true for all Seattle area neighborhoods, but it is for the more desirable neighborhoods. And if your house isn't priced right, it doesn't matter at all. But I follow the Seattle market pretty quickly, and well priced houses in good neighborhoods are generally pending in less than a week. It is the market, and the house in question. When I was looking there were several houses that were priced well and had a bunch of upgrades that all went on the market on Wednesday/Thursday and then had an open house on Saturday and/or Sunday and was under contract by Sunday night. The house I bought got three offers based on their open house (I got to see the house about an hour before the open house). So I do think that they work in some markets and with some houses. However, when I was selling my house I had two open houses and they were completely useless. I think while the market is good (although not like Seattle's), for my particular house given it's unfixable negatives an open house was unlikely to sell my house.
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kittensaver
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Post by kittensaver on Aug 8, 2016 13:57:34 GMT -5
Whether or not an open house will sell your house depends on the market. Here in the Seattle area, open houses are selling houses. Houses are going on the market Wed-Fri, having open houses Sat and/or Sun, and they are looking at offers on Monday, with sales pending by Tuesday, unless there's a bidding war. Here, if you seriously want to buy a house, you need to be going to open houses on the weekends, because houses just aren't staying on the market long enough for your agent to get you in to view them. Now, this isn't true for all Seattle area neighborhoods, but it is for the more desirable neighborhoods. And if your house isn't priced right, it doesn't matter at all. But I follow the Seattle market pretty quickly, and well priced houses in good neighborhoods are generally pending in less than a week. The beach cities of La La Land are like this too . . . only sometimes, the bidding war starts on Broker's Caravan (Tuesdays) and houses are already under contract by Friday . . .
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zibazinski
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Post by zibazinski on Aug 8, 2016 18:01:43 GMT -5
My old neighborhood the houses never hit multi list. Your agent heard on the grapevine that one was for sale and it was gone in a snap. When I listed mine, it was gone in two hours. My neighbor signed the listing agreement on Friday. House was sold on Sunday. It would have gone on multi list that Monday.
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taz157
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Post by taz157 on Aug 8, 2016 18:54:27 GMT -5
I am feeling like we made a horrible choice in a realtor.
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Jaguar
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Post by Jaguar on Aug 8, 2016 19:19:22 GMT -5
I am feeling like we made a horrible choice in a realtor. Oh shit, what happened?
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TheHaitian
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Post by TheHaitian on Aug 9, 2016 19:33:43 GMT -5
I am feeling like we made a horrible choice in a realtor. What happened?
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