ANSWERS: 1
  • I totally understand why you want to do what you want to do: You want to "save the commission". Without going into particulars, there may be a problem with you giving clear title to the buy of your property. In all honesty, if you have to ask that Q, you really should seek professional help. Although it would be the best option, I'm not suggesting to get a full-service real estate office or agent to list, market and sell your property. There are other options: You could hire a REAL ESTATE attorney to review documents, make suggestions and attend settlement/closing/escrow with you. He or she would be paid on an hourly or flat-fee basis. If you have a friend or relative in the business, perhaps you could consult him or her and pay a small fee. Another option is to hire a flat-fee office to list and sell the property. THE LAST thing you want to do is get into an agreement or contract with a totally unqualified buyer! Unqualified buyers cause more heartache and aggravation than anything else. They eat-up your time, your money and your patience. They cause undue stress and tension. If you decide to ignore my suggestions, the very best suggestion I can offer: for you: #1: SELL YOUR PROPERTY FIRST #1B: AND WAIT FOR THE BUYER'S MORTGAGE COMMITMENT TO BE ISSUED. #2: THEN LOOK FOR THAT NEW PROPERTY! In other words, give yourself plenty of time! Thanks for asking your Q! I enjoyed answering it! VTY, Ron Berue Yes, that is my real last name! Sources: My wonderful family! In the real estate business over 34 years in Pennsylvania. THE ABSOLUTE BEST, MOST WONDERFUL real estate investment group in the world, which I was very proud to be a member of! "THE University of Hard Knocks" also known as ("a/k/a") "life's valuable lessons"

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