96

agent ref me to a loan broker his father, I live in cali &HE removed contigencies knowing we didn’t have a loan (We didnt know this). we had to put 5% down for loan, Then our loan guys calls us 10 days before close asking us for 3% more & with an outrages APR or else I’ll lose my 10k in escrow. We had to leave work and try to get another loan from Bof A which we got with out anymore money other than the 5% we may not close in time & will be fined by the seller. my agent (was a friend) knows that my son was diagnosed w/? i have been unfront with them from begining to end i told them everything my credit & financial situation and they both said no problem. Before I placed a bid we asked our agent only place it if we are confrimed with the loan becuase we have no money to put down and the little that we do we need it to make the renovations the house needs. I want to fire agent can i (no buyers agency) he told us not to worry that he promises that the money we put down we will get back
i live in L.A i never had a loan and my agent new this but we never knew this everytime I emailed agent to get status he never respnded he would however call from time to time but never with any answers we told him not to remove cont. until he was certain we had loan. we have put up 10k earnest &22k loan (sorry confusing but i dont hve much characters 2 wrk w/) his broker said we are fine since we managed to get another loan from BofA. Contract stated that we needed 20k down, when we seen this we advise our agent to pull since we did not have that money and the money that we did have was to make repairs that it desprately needs, we told him if we have to put more than the 10k earnest money we put down then we dont want to continue he said not to worry that he promise that his father (loan brker) will use a portion of the loan as the 20k , as you can see he couldnt even get us a loan. This house needs wrk my son needs surgery&cant recoop in this house we want to walk & 4get the 10k

what part of CA are you in?
Not quite sure why I got a thumbs down for this question regarding your issue.
I was only asking in hopes that you might be in an area where I could put you in contact with someone who could help you.
I have family in CA in the real estate industry and was hoping to lend a helping hand.
It turns out that you are way too far north. I am sorry that I was not able to help you. I was hoping that I could.
I would really appreciate that the thumbs down be removed. I was hoping to do better than just answering your question myself, I was hoping to connect you with someone in this field. I really hope that this all works out for you. I will pray for you and your family. I am very sorry that this has happened to you.
If I were in your shoes, (I don’t imagine that you have extra money to hire an attorney), I would call a different real estate agent (one that is very well known with at least 10-15 years of experience) and ask them their advice. If there is something that you can do, they will be more than happy to take you on as their client.
Again, good luck to you.
P.S. Call 1-800-200-Lend or Lend America.com
They might be able to help

Hey I did a little research for you,
I hope this helps
LOS ANGELES CAMPAIGN AGAINST PREDATORY LENDING

The Los Angeles City Housing Department has unveiled an aggressive public outreach campaign, "Don’t Borrow Trouble," to raise awareness of the growing problem of unscrupulous lenders who prey on unsuspecting homeowners and homebuyers. The campaign includes ads, posters, other printed materials, public service announcements in English and Spanish, a toll-free hotline, (800) 477-5977, and a Web site, http://www.lacity.org/lahd/.

The aim is to educate borrowers about danger signs of lenders offering seemingly attractive loan terms that can result in the loss of the home. The "Don’t Borrow Trouble" program also includes an affordable loan program called HELP (Homeowners Equity Loan Program), to assist low-income homeowners with high-interest loans to refinance and rehabilitate their properties. Provided by Los Angeles Neighborhood Housing Services in partnership with Wells Fargo Home Mortgage, HELP will assist borrowers who may have already fallen victim to predatory lending practices. For assistance, homeowners can phone toll-free (888) 89-LANHS. Los Angeles is one of the twelve pilot cities chosen by Freddie Mac for this campaign.

I own a business and am trying to develop the property.

What is it you are asking specifically?

It should be user-freindly and efficient. It should provide data for large area on the map for last year sales, details of the houses, taxes… The above websites are too primitive…

Thanks.

I.Z.T.

http://www.mlslistingspro.com

I lived in AZ, it’ll depend on why…If working in Phoenix, Casa Grande is about an hour south and a great city to live in…it is also about an hour north of Tuscon so same answer…If looking to retire or just live, I would recommend Wickenburg area

how does and internet user find this listing

If you are searching for something in particular, search on yahoo for the item in quotations.

i.e. "real estate" "1171662422" "12666"

Good luck!

I have been a Realtor for several years. It is very hard work and I’m still not at the point where I’m making lots of money. You have to pay for your own marketing, find your own business, and be motivated enough to stick with it. It is very difficult the first couple of years; however, if you stick with it and work hard to establish yourself, you have the potential to make lots of money. My last bit of advice would be to find a good company. I worked for two other companies before going with a company that has a national brand. When you are with a nationally branded company, there are more opportunities available to you.

My agent ref me to a loan broker who was his father, I live in cali & he removed contigencies knowing we didn’t have a loan. we had to put 5% down for loan, Then our loan guys calls us 10 days before close asking us for 3% more & with an outrages APR or else I will lose my 10,000 in escrow. We had to leave work and try to get another loan from Bof A which we got with out anymore money other than the 5% we may not close in time & will be fined by the seller. my agent (was a friend) knows that my son has been recently diagnosed with a cyst inbetween his eye&brain and could possibly be cancer, I have been unfront with them from begining to end i told them everything my credit & financial situation and they both said no problem. Before I placed a bid we asked our agent only place it if we are confrimed with the loan becuase we have no money to put down and the little that we do we need it to make the renovations to the house since the house needs some fixing. I want to fire my agent can I

http://answers.yahoo.com/question/index;_ylt=AjwRMC_QZip2mzEx6PJyIovsy6IX;_ylv=3?qid=20080217225845AAluiDZ

Things must be definetly done different in texas
An agent is "responsible" to their clients. They have a duty, called a "fiduciary duty." This means the agent is responsible to act in the best interests of their client. A car salesman does not have to act in your best interests — they just have to sell the car. It isn’t that simple for real estate agents.The Buyer Agent owes fiduciary duties to the Buyer under this relationship and agreement, including fidelity, honesty, dedication to purpose, acting in the Buyer’s best interests, etc. when is it in the clients best interest to have the contigencies removed when a loan is not in place. He removed contigencies knowing you did not have a loan call an real estate attorney. I am sure that was not even the tip of the iceberg of the things he did wrong

I have been buying realestates and have held the property under an S-corp or LLC. I am planning to sell and then do a 1031 exchange. Can LLC/S-corp do this? I have done it in the past as an individual person, but not sure if the IRS allows a corporation/LLC investment firm to keep on deferring the gains.

Yes, as long as ownership stays the same. ABC corp sells, ABC corp needs to purchase. Dissolving entities or changing ownership before selling or after purchasing should be looked at by a tax adviser. A single member llc is considered a "disregarded entity" by the IRS and is the exception. John Smith single member llc can sell and John Smith the individual can purchase.

www.1031alternatives.net

I have signed a realestate contract with a agent to sell my house i have a 3rd party that wants to buy my house can i take his offer or am i committed to the agent and let my house get auctioned off?

If you are in foreclosure, and if you have a real estate contract with an "agent" (listing broker?), and if you are negotiating directly with a potential buyer — you have major legal issues that cannot be answered on Yahoo Answers. We do not have the documents, do not have all the details and (even if we did) could not give you legal advice.

Therefore, you MUST contact a competent attorney immediately. Have a consultation on Monday morning — and bring _ALL_ your contracts, foreclosure notices and other documents.

You need LOTS of help.

Good Luck!

What are some negative signs and potential red-flags to watch out for when looking for a space to rent or buy? This is for personal. I’m not a realestate agent.

I’m looking for a QUIET neighborhood, no kids, not alot of animals. No loud cars and music. Nice and roomy space, no bugs and criters or a home thats coming apart. Good heating in the winter and very moisturerized. I cannot have a dry home that screws with my allergies. A superintentant who takes care of repairs when asked to etc.

Make certain the condo complex is at least 51% occupied by owners. If there are too many renters, the value and marketability may decrease over time, whereas owners have a vested interest in keeping their unit and neighborhood nice.

Get with a realtor and with a lender. The realtor can give you tips on the area’s improvement or decline over the last few years, and help you find the right place. The lender will make sure you are asking the right questions so you can get a loan for the property.