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I really really want to run and hide now....

Thank to all for the advise. Now to put it to work for me. Will keep you posted.

*pinches self to see if I just died and went to heaven* :p

I've been waiting a looooog time to be over you. :hump:

..... and being under you two is the other half of my life's fantasy. :3way:

And now I am over and under you. :spin: .

.PF make up your mind and do something or I am gonna have to take matters into my own hands...... :cuffs:

Congrads on the house hunting - looking. I'm sure that you will find a wonderful house and turn it into a home in no time.

Get a lawyer. A real estate agent is not working for you. They are working for the seller. Get a lawyer to review the Agreement to Purchase. You will have to see a lawyer to close the deal, so might as well get them evolved right at the beginning.

Believe it or not, the lawyer thing is state by state. When I purchased my house in Texas there wasn't one needed and I didn't feel I needed one as all the forms were just that... standard forms with blanks filled in. The real estate agent was working for me as I had my own and the seller had hers. All of the paperwork was completed by the Title Company, which is where the closing was held.

I didn't have a GOOD agent, but that's another story I won't get into.

One other thing, if you end up with funds in escrow - do make sure you understand the escrow agreement. Example: The seller gave me $3,000 at closing to replace the carpeting. These funds were held in escrow rather than just handed to me in the form of a check. If I failed to have the carpeting replaced in a given time (I think it was 90 days) the funds went back to the seller. The catch was the escrow agreement wanted me to have an inspection to validate the carpet was replaced. I argued that I was able to provide original receipts of the purchase and installation and wasn't willing to pay another $300 for an inspector to walk through my house and say "yup, carpet looks new". It was just one more headache I didn't need, but was able to get my money in the end.

Quote:

Originally Posted by PantyFanatic

.....That means there is a lot of $$$ involved and that means the road is lined with every kind of parasite and opportunist that the establishment and commerce has to offer. Get as much information as you can then just use common sense.......

:rolleyes2

Quote:

Originally Posted by maddy

Believe it or not, the lawyer thing is state by state. When I purchased my house in Texas there wasn't one needed and I didn't feel I needed one as all the forms were just that... standard forms with blanks filled in. The real estate agent was working for me as I had my own and the seller had hers. All of the paperwork was completed by the Title Company, which is where the closing was held.

I didn't have a GOOD agent, but that's another story I won't get into.

One other thing, if you end up with funds in escrow - do make sure you understand the escrow agreement. Example: The seller gave me $3,000 at closing to replace the carpeting. These funds were held in escrow rather than just handed to me in the form of a check. If I failed to have the carpeting replaced in a given time (I think it was 90 days) the funds went back to the seller. The catch was the escrow agreement wanted me to have an inspection to validate the carpet was replaced. I argued that I was able to provide original receipts of the purchase and installation and wasn't willing to pay another $300 for an inspector to walk through my house and say "yup, carpet looks new". It was just one more headache I didn't need, but was able to get my money in the end.

:shrug:

Lawyers are in, inspector was there and the seller was too....all and all we are a go.

I'll have the keys shortly....in exchange for the money of course

Quote:

Originally Posted by txgrneyes

I'll have the keys shortly....in exchange for the money of course

Aah, yes....... there's always something, isn't there?? ;)

DM

Congrats, sweetie... it'll all be worth it, you'll see!

Quote:

Originally Posted by maddy

Was I confusing?

Not at all.

You were clear and simple. It wasn't presented by the lawyers yet. ;)

Quote:

Originally Posted by maddy

Was I confusing?

no. but he ^^^ is. :D

Quote:

Originally Posted by maddy

Attend your inspection and take a camera.

Excellent advice! :wtp:

My mistakes...

I let my realtor recommend an inspector...and then the realtor came to the inspection.

DON'T DO THAT!

Get an independent inspector (not associated with the realtor's office) and DO NOT let your realtor come to the inspection!

All the rest of the advice is fanfuckintastic!

Good luck and congratulations sweety!