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11-05-2009, 11:49 AM
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Member
Status:
"Beware the black ice"
(set 2 days ago)
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Join Date: Sep 2009
Location: Edmond, OK
99 posts, read 30,022 times
Reputation: 47
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I'm not an attorney nor in the real estate biz (although I've been on the buyer and seller end of a few transactions.). Back to the original question, which was "confusion" about the amount of the taxes, I believe that real estate listings (where you would normally get the info on taxes) usually state all information is "provided in good faith but not guaranteed" - leaving everybody an out, of course. Guess the lesson to be learned is don't trust anything anybody tells you regarding square footage, age, taxes, lot lines, development potential of that big vacant lot behind you, etc.
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11-05-2009, 05:36 PM
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Senior Member
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Join Date: Jan 2007
230 posts, read 146,246 times
Reputation: 53
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Quote:
Originally Posted by Samantha S
Is there an attorney in the house?
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Ahhhh, that's the problem! Try finding a real estate attorney in Kansas! In Illinois, where we were selling, an attorney is required in real estate transactions. They're always pretty good, in my experience, and they only charge about $250 for the whole shebang. They look out for the buyers and sellers in a way real estate agents just won't. They don't have a dog in the fight -- no commissioni to be had. If we had had a real estate attorney for the purchase of this house, I suspect things might have turned out differently. When we did hire one to represent us in the dispute, he was very hard to find, and I'm afraid, not a great attorney. |
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11-05-2009, 10:09 PM
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Senior Member
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Join Date: Feb 2008
Location: Kansas City, MO
2,126 posts, read 1,008,680 times
Reputation: 652
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If you have a good loan officer or mortgage broker, you would not have those problems. I would havenever let my clients get into that kind of mess. My clients always knew exactly what their taxes and insurance were going to be.
I would have hated having to deal with attorneys in real estate deals. A good attorney is hard to find. Most of them think they know a lot more than they really do and a lot of them are just full of ****.
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11-06-2009, 02:31 PM
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Senior Member
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Join Date: Jan 2007
230 posts, read 146,246 times
Reputation: 53
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Quote:
Originally Posted by RjRobb2
If you have a good loan officer or mortgage broker, you would not have those problems. I would havenever let my clients get into that kind of mess. My clients always knew exactly what their taxes and insurance were going to be.
I would have hated having to deal with attorneys in real estate deals. A good attorney is hard to find. Most of them think they know a lot more than they really do and a lot of them are just full of ****.
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Well, like I said, real estate attorneys I dealt with in Illinois are real good. In fact, you'd never even suspect they're attorneys! |
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