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Tag: attorneys
When to sue for an undisclosed defect
This post is not legal advice. For legal advice, consult an attorney, not a blog.
You just bought a house! Congratulations! You just discovered that foundation is cracked, although the seller said the foundation was fine… My condolences…
The next logical question: can you get some recovery from the seller [...]
Posted: August 1st, 2008 under Buyer Information, Legal Issues, Real Estate Law.
Tags: attorneys, concealment, fraud, lawsuit, legal fees
Comments: 18
The Commission-Based Fee Structure: it’s Bad for Buyers
This post is not legal advice. For legal advice, consult an attorney in person, not a blog.
[Sorry, no links or cites here, but I think the following historical perspective is undisputed:] Originally, real estate agents (and brokers, referred to collectively in this post as “agents”) represented only the seller. The “listing” agent [...]
Posted: April 22nd, 2008 under Buyer Information, General Real Estate, Legal Issues, Real Estate Law, Seller Information.
Tags: attorneys, buyers-agents, commissions, selling-agents
Comments: 291
Buying without an Agent: How to get that 3%
This post is not legal advice. For legal advice, consult an attorney in person and do not rely on a blog.
Earlier this week, I authored a post giving some historical context and practical tips for buying a house without using an agent. The Big Question, of course, is this: Will that save me [...]
Posted: April 3rd, 2008 under Buyer Information, General Real Estate, Legal Issues, Real Estate Law.
Tags: attorneys, buyers-agent
Comments: 57
Using an agent to buy a house? That is soooo 20th century…
This post is not legal advice. For legal advice, consult an attorney directly (i.e. not via a blog).
This is Part I of a multi-part post.
Part I: Visiting the Property
Several months ago, I authored a post about buying a house without utilizing the services of an agent. It generated quite the conversation (concluding with [...]
Posted: March 31st, 2008 under Buyer Information, General Real Estate, Legal Issues, Real Estate Law.
Tags: attorneys, buyers-agent, commissions
Comments: 80
A lesson in the dangers of distressed property purchases…
A friend of mine contacted me the other day about a property investment opportunity that her brother-in-law (BIL) was placing in front of her and her husband. The property in question is located in the city and state where the BIL lives - and it’s far from the Seattle area at roughly halfway across [...]
Posted: December 20th, 2007 under General Real Estate.
Tags: attorneys, buyer, distressed, fixer, foreclosure, inspection, insurance, lender, lending, listing-agent, real-estate, real-estate-agent, real-estate-commission, real-estate-photography, real-estate-war-stories, rehab
Comments: 13
Sellers — are you getting SC@EWED by the lender? Fight back!
Over the last few weeks, there have been a few posts here on RCG discussing the means by which loan originators enhance their income by “harvesting” seller paid closing costs that otherwise would have been retained by the seller. In a nutshell, the process works like this: In the purchase and sale agreement, seller agrees to pay “up [...]
Posted: May 2nd, 2007 under General Real Estate, Seller Information.
Tags: attorneys, sellers
Comments: 29
Where’s the line between “agent” and “lawyer”?
As with any blog post, this does not constitute legal advice. If you have a specific question, consult a specific attorney.
Recents posts (first by Russ, then by Reba) have examined the role to be played in real estate transactions by agents and lawyers. No doubt, everyone has a strong opinion based on their own personal experiences. But what’s the law [...]
Posted: February 13th, 2007 under General Real Estate, Real Estate Law.
Tags: agents, attorneys, Cultum, unauthorized-practice-of-law
Comments: 44
