Ask the Broker

I owe more than I can sell for!

by admin 19 November 2013

In this real estate climate, especially over the past few years, it is not uncommon for people to owe a little, or even a lot more than their home is worth. I recently had the opportunity to discuss this with a potential seller a few days ago who had questions about their options and had […]

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Legality of placing Multiple Offers

by admin 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 […]

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Buyer’s agent and Seller’s agent

by admin 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 […]

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Option, Lease Option and Lease Purchase

by admin 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 […]

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