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Tag: HUD-1
Agent responsibilities and help for Limited English Proficiency clients…
I’ve run into this before while running my daily business of real estate sales. A client comes to you and wants to buy a property, whether it is for investment or residential purposes. You learn during the process of interviewing each other that the client is from another country where English is not the major [...]
Posted: June 14th, 2007 under General Real Estate.
Tags: Buyer-Agency-Agreement, Buyer-Information, buyers, commercial-real-estate-investing, hud, HUD-1, investing, Investment, investments, investor
Comments: 5
Are you leaving too much on the table?
I received a phone call from one of the agents I work with who is representing a seller requesting my opinion on another lender’s closing costs. The seller had agreed to “pay up to $10,000 towards buyers closing costs.” The seller was anticipating that the closing costs would not be that high for a [...]
Posted: April 17th, 2007 under Agent Advice, General Real Estate, Mortgage and Lending, Seller Information, Title and Escrow.
Tags: escrow, HUD-1, Mortgage and Lending, seller-paid-closing-costs, settlement-statement
Comments: 58
Sell Pays - Buyer Deducts - Get out those HUD-1’s
When the Seller Pays the Buyer’s Closing Costs, the Buyer still gets to deduct those that are tax deductible. Discount points to buy down the interest rate, may be a selling point for the seller, if interest rates are holding people back from purchasing. Back in oh…about 1994 or so when the market was [...]
Posted: March 18th, 2007 under General Real Estate.
Tags: HUD-1, Seller-Paid-Points
Comments: 6
