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Month: May 2018

  • Inheritance creates multiple choice decision

    Reader Question: ​My wife is selling a home she inherited. It has been shown multiple time with no results. The house needs updating, and it has a bowed basement wall. It was listed for $69,900 which was below the market value. We’ve had several offers, but they are flippers who have offered $20 – $25…

  • Buyer lost a dream home and seller loses equity

      Reader Comment: ​We lost a dream home when we didn’t understand the significance of what you recently wrote that there are “…no standardized rules in the industry” and that “the nature of the real estate transaction and how the sales develop is very fluid.” We had first made a written offer on the house…

  • Home seller left items behind at move-out

    Reader Question: We recently moved into our first home. The contract called for the seller being out on a specific date with all of their possessions. We also contractually agreed to allow them to harvest some outdoor plants after they come up this spring. The seller left items behind at move-out and has not picked…

  • Variable Rate Commission Must Be Disclosed in MLS

    Reader Question: We want to share our variable rate commission experience. Our agent and the listing agent both wrote offers on the property. We are friends with one of the sellers’ children, and he told us the listing agent had agreed to cut his fee if he found the buyer. We informed our agent, and…

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