Ask The Broker

These questions have been asked by others in regards to their real estate needs and posted here for your convenience. If you wish to ask a question, please go here and fill out the form.

Legality of placing Multiple Offers

by Damion 2 August 2011

Since there are numerous foreclosures and short sales on the market, would it be feasible/legal to place offers on multiple properties at one time? If you plan to go through with the purchase of every property you put an offer in on, then this is a perfectly accepted practice. However, if you only intend to [...]

Read the full article →

Buyer’s agent and Seller’s agent

by Damion 2 August 2011

What is the difference between a buyer’s agent and a seller’s agent? Also, why should I use a buyer’s agent? The simplest version of your first question is that a buyer’s agent represents you as the buyer. A seller’s agent represents the seller. If you call off a sign in the yard, you are calling [...]

Read the full article →

Option, Lease Option and Lease Purchase

by Damion 4 July 2011

As I deal with a lot of investors, I often run into deals with Options, Lease Options, and Lease Purchase agreements. The problem is that these terms are often used interchangeably because many investors have received bad information on what they actually are. “Lease Options” are often pitched to investors in a “sexy” manner but [...]

Read the full article →