Transitions Made Easier New York Times, United States - The Erickson chain was among the first developers in the country to establish a program for buyers who need to sell, according to Erickson?s executive vice ...
Lower Rates Help Sell Houses, but Market Faces Broader Ills Wall Street Journal - Dec 4, 2008 By MICHAEL CORKERY and NICK TIMIRAOS A possible move by the Treasury Department to push down mortgage rates has raised the hopes of home buyers, real-estate ...
Do your homework before home auctions Arizona Republic, AZ - Home auctions represent the fastest-growing segment of the Valley housing market, promising deep discounts to buyers and rapid-fire sales to lenders, ...
Weigh pros, cons of selling home yourself Clarksville Leaf Chronicle, TN - Sellers must research the market, advertise and show the home, negotiate with buyers and learn the legal and financial details behind real estate ...
Virtual Home Tours Get Fancier In Declining Market Hartford Courant, United States - Online information about a home helps prospective buyers be better prepared should they decide to make an offer. On Realtor.com, the most popular real ...
Short Sales Not Easy For Bay Area Home Buyers CBS 5, CA - Dec 5, 2008 Experts said that buyers who are interested in a short sale property should choose an agent familiar with the process. They should also be prepared to wait ...
CONDO CALAMITY San Diego Union Tribune, CA - 12 minutes ago All the original buyers in Cityscape were speculators, not residents. That was uncommon for a complex of its size, real estate experts said. ...
Source: Google News
Recent News and Articles on the Keywords: buyers + dual + home Related to the article below (Last Update: 8/4/2008)
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Source: Google News
Dual device user interface design: PDAs and interactive television - S Robertson, C Wharton, C Ashworth, M Franzke - Proceedings of the SIGCHI conference on Human factors in …, 1996 - portal.acm.org ... could learn a considerable amount about a home and a ... The buyer could come to the
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An assessment of home buyer and real estate broker attitudes toward service quality MW Little, TA Myers - Journal of Professional Services Marketing, 1987 - haworthpress.com ... of brokerlagents did not agree that most homebuyers are aware ... do not always inform
the buyer that they ... to address the consumer issue of dual agency disclosure ... -
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ARB: a software environment for sequence data T Stoeck, MVJ Schwarz, J Boenigk, M Schweikert, S … - Nucleic Acids Research, 2004 - Oxford Univ Press ... Run-time measurements were performed on a dual-processor (Intel ? Xeon TM , 2.6
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Source: Google Scholar
Home buyers disadvantaged by dual agent
By Bob Bruss
July 11, 2006
DEAR BOB: We are in the process of trying to buy our first home. Actually, it is a condominium. When we visited a Sunday open house, my wife and I had instant rapport with the listing agent. We got along great. That afternoon we made a written purchase offer, which the seller accepted that evening. However, when we got back to our apartment and read over the paperwork we signed, we realized the listing agent was acting as a "dual agent" for both buyer and seller. We then realized we probably offered too much for the condo because we didn't have our own agent advising us. How can we get out of this deal? --Ruben R.
DEAR RUBEN: If there were no misrepresentations and all the required paperwork including the agency disclosure form was presented to you and you signed each paper, you probably have a binding sales contract.
Just because one agent represents both the home seller and the buyer, as a disclosed dual agent, doesn't mean there was anything illegal or improper.
You knew the open house host was the listing agent. But you proceeded to make a purchase offer through that agent, and the seller accepted your offer. At the same time, you were presented with an agency disclosure form, which showed the listing agent was also acting as a "dual agent" representing you.
Perhaps you could have done better if you had your own buyer's agent representing your best interests. But because everything was properly disclosed to you, there is no valid reason to back out of your condo purchase. For more details, please consult a local real estate attorney.
RENTAL HOUSE BECAME A NEIGHBORHOOD NUISANCE
DEAR BOB: A few months ago, a neighbor sold her house to a buyer who said he was going to live in the residence. Instead, he rented the house. The people he rented to moved in about 20 extra people. The place is a mess. Is there anything we neighbors can do? --Mildred W.
DEAR MILDRED: Yes. You have either a private nuisance affecting only a few adjoining neighbors or a public nuisance affecting a large number of nearby residents.
Your first step should be to contact the landlord, politely explain the situation, and ask him to abate the nuisance, which is disturbing the neighborhood. Maybe he is not aware of the situation.
If that doesn't work, then legal action may be required. You can bring a private nuisance abatement action against the owner to remove the nuisance. However, before you do that, check with local officials to learn if any city or county occupancy ordinances are being violated.
If you discover there is a maximum occupancy limit, then ask the city or county attorney to step in to abate a public nuisance that violates a local ordinance.
NO EASY WAY TO GET RID OF A LIFE TENANT
DEAR BOB: My father passed away about five years ago. His will left his house to me, his only child, subject to a life estate for his second wife (my stepmother). She is letting the house run down. But she pays the small mortgage payment and the property taxes. As she is only 46, I am afraid by the time she passes on, there will be nothing left to inherit (if I am still alive). Is there anything I can do to get her to either maintain the house or give up her life estate? --Steve R
DEAR STEVE: Sorry, unless you can prove your stepmother life tenant is allowing the house to deteriorate by "waste," there is nothing you can do. As the remainderman, you have no legal right to get rid of your life tenant unless she commits serious waste of the property. For full details, please consult a local real estate attorney.
The new Robert Bruss special report, "Probate Property Profit Secrets Revealed," is now available for $5 from Robert Bruss, 251 Park Road, Burlingame, CA 94010 or by credit card at 1-800-736-1736 or instant Internet delivery at www.BobBruss.com. Questions for this column are welcome at either address.
