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Thanks all, I feel better now because I just booked my non refundable flight, 1st class btw, splurging on myself
Also my agent was recommending I don't have the buyer's wire me their funds to my bank because it might get hacked?? Instead she recommended I get a live check but I told her I'll already be out of town. Is this the norm that agents are recommending to their clients? I'd be nervous carrying around a check that big to deposit!
the closing agent (escrow company/attorney) does all the wiring. Not the buyer.
If you're out of town, it is indeed best for you to CALL the closing agent and give them your account info (ABA # and acct #) VERBALLY, and have them repeat it back to you.
the closing agent (escrow company/attorney) does all the wiring. Not the buyer.
If you're out of town, it is indeed best for you to CALL the closing agent and give them your account info (ABA # and acct #) VERBALLY, and have them repeat it back to you.
Wires are fine and safe, just follow Bo's advice and call the attorney.
We may find ourselves in that position next week. On the road before the buyer's final walkthrough. My thinking at this point is that if for whatever reason they're not happy, that's okay. They got a fair price in an incredibly hot market, and the house is worth more today than it was 6 weeks ago.
Thanks all, I feel better now because I just booked my non refundable flight, 1st class btw, splurging on myself
Also my agent was recommending I don't have the buyer's wire me their funds to my bank because it might get hacked?? Instead she recommended I get a live check but I told her I'll already be out of town. Is this the norm that agents are recommending to their clients? I'd be nervous carrying around a check that big to deposit!
Wiring funds directly to your account is best.
Makes me question your Agents wisdom and experience. They also should have known how to handle you being out of town for a simple walk through.
So my agent wants to repair what she states is water damage at the bottom of the front door frame and along the side of the home (she wants the home in perfect condition for the buyer). The termite and moisture inspection we got didn't mention anything about these areas, the buyers waived having a home inspection and the appraisal inspection didn't mention anything about it.
I told my agent not to fix it if no one is saying anything but she is afraid during the final walk-thru that the buyers might call it out. I told her if they do we can either credit them back or I'll have my handyman replace that portion of the frame.
I told me agent at this point I don't want to spend any more money on repairs that aren't needed. The profit margin on the sale of this home is already pretty small after the brokers take their cut.
Yes. The purpose of the pre-closing walk through is to assure the house is in substantially the same condition as it was when the buyers wrote the contract. It’s not time to revisit inspection items. I’d tell your agent if she’s so worried about it, she can pay for it out of her commission.
Status:
"I didn't do it, nobody saw me"
(set 1 day ago)
Location: Ocala, FL
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I have to agree with Okey, the buyer waived a home inspection and an agreed upon price was made when the contract was signed by both parties. Short of missing elements (appliances for example) now is not the time for the buyer to try to negotiate price further. The OP's suggestion to their agent to offer an allowance seems very reasonable if the buyer makes a big deal about it.
(she wants the home in perfect condition for the buyer).
this is not standard.
the house needs to be in the condition that has been agreed to in the contract, which generally speaking means in the same condition it was when it was listed plus any work done as negotiated during the contingency period.
The seller is under no obligation to improve the house to a better condition than it was in when the buyer decided to buy it, which seems to be what the agent is suggesting
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