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08-18-2008, 05:29 PM
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Where's the chocolate?
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Join Date: Dec 2007
995 posts, read 740,224 times
Reputation: 308
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Good for you. Did he accept it?
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08-19-2008, 07:38 AM
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Senior Member
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Join Date: Jul 2008
Location: Cranford
216 posts, read 125,755 times
Reputation: 40
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Quote:
Originally Posted by tandcookies
Good for you. Did he accept it?
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Not yet, addendum to the contract went out yesterday at noon. So we will see... |
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08-19-2008, 07:48 AM
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Senior Member
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Join Date: Oct 2007
Location: Ocean County
1,907 posts, read 1,397,838 times
Reputation: 611
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I didn't read anything structurally in there. He could say as is. So beware. My guess is he will meet you half way. So your attorney will earn his 1,000 bucks and so will his.
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08-19-2008, 08:35 AM
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Senior Member
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Join Date: Jul 2008
Location: Cranford
216 posts, read 125,755 times
Reputation: 40
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Yeah, we figured as much.
Because it's a "Flip" I believe much of it he will do simply because they are small items. The bigger items which I think he will take exception with are the Windows and installing cable/phone jacks. Most of the other stuff are things that he said that he still needs to finish or install.
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08-19-2008, 08:39 AM
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Senior Member
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Join Date: Jul 2008
Location: Cranford
216 posts, read 125,755 times
Reputation: 40
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Attorney has stated that home will not be "inspected" until seller finishes items on the flip.
There are also some things that need to be brought up to code like - No exterior light by the side steps, no railing for side and front steps. But we talked with the flipper in-person on Saturday and he said that it was stuff that he was going to do.
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08-19-2008, 11:51 AM
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Senior Member
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Join Date: May 2008
531 posts, read 306,603 times
Reputation: 54
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Quote:
Originally Posted by azwildcats70
If you Trulia search... Union, NJ - 4br/2.5ba... I think we did OK.
Why is it in NJ they rarely list the sqft??? that's the only true way you can compare... price per sqft.
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Because there is no agreed upon way of measuring, and people have a nasty habit of filing law suits over 10 sqft. Who wants to put their head on the chopping block for that. I never list Sqft. on any listing of mine. It just is not worth it. Let the home buyers look at the home and the room sizes, that is the only real way to compare.
Be ware, not everything is in Trulia or Zillow, and some of the stuff in those sites is not accurate.
James Boyer REALTOR |
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08-19-2008, 11:57 AM
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Senior Member
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Join Date: Jul 2008
Location: Cranford
216 posts, read 125,755 times
Reputation: 40
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Quote:
Originally Posted by JamesBoyer
Because there is no agreed upon way of measuring, and people have a nasty habit of filing law suits over 10 sqft. Who wants to put their head on the chopping block for that. I never list Sqft. on any listing of mine. It just is not worth it. Let the home buyers look at the home and the room sizes, that is the only real way to compare.
Be ware, not everything is in Trulia or Zillow, and some of the stuff in those sites is not accurate.
James Boyer REALTOR
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I guess I just thought it was odd. Coming from Arizona and California, square footage is always listed on the mls listing. |
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08-19-2008, 12:21 PM
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Member
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Join Date: Aug 2008
51 posts, read 53,993 times
Reputation: 13
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Closing costs are 4% of sale price? Seems awfully high...
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08-19-2008, 12:29 PM
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Senior Member
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Join Date: Jul 2008
Location: Cranford
216 posts, read 125,755 times
Reputation: 40
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Quote:
Originally Posted by jubileefd
Closing costs are 4% of sale price? Seems awfully high...
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It's just a number to cover our backsides. Closing costs, from what I understand, can range between 3%-6%. |
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