Posted by W_B on October 20, 2016 at 07:17:37 from (155.188.123.24):
In Reply to: OT: house buying posted by Mike M on October 19, 2016 at 08:50:57:
About 25 yrs. ago we sold our first house ourselves with the help or a lawyer friend who was a realty specialist. He worked for one of the largest firms in Columbus that represented one of the largest builders in Ohio. So basically there was nothing in real estate that he hadn't handled at one time or another. He made some slick deals for my MIL that enabled her to put together a good size parcel of land from many small ones.
We hired an appraiser to give us a sale price, our attorney gave me a MS Word copy of a sale document that I was able to edit and print. We had to show the house, of course, and field all the phone calls. Since it was under $100K we had a lot of investors calling that wanted to low ball us. The attorney set everything up with the title company. Really had no issues, other than the young couple that made an acceptable offer had too many debts (cars, credit cards and student loans) and couldn't get a mortgage, so we had to start the process over.
I think with all the advertising, appraisal, attorney and other fees we had expenses of about 1.5 %. Well worth the effort since we needed all money we could out of it to build the new house.
Selling that second house we used a realtor, paid her 6% commission and I don't think it was worth it. Didn't appear she was doing much to help us or get the place sold. She wanted a dual agency agreement signed once she had a buyer on the hook, and we did, and I don't recommend you sign one as a seller. If I'm paying the commission I want then to represent me and me alone. The buyer financing took forever (it was VA) and we almost lost the farm we have now since the mortgage holder wanted to foreclose on it (we didn't know that at the time or would have held out for a better deal). They held off since there was a contract on the place.
We sell tractor parts! We have the parts you need to repair your tractor - the right parts. Our low prices and years of research make us your best choice when you need parts. Shop Online Today. [ About Us ]
Today's Featured Article - Field Modifications (Sins of the Farmer) - by Staff. Picture a new Chevrolet driving down the street without it's grill, right fender and trunk lid. Imagine a crude hole made in the hood to accommodate a new taller air cleaner, the fender wells cut away to make way for larger tires, and half of a sliding glass door used to replace the windshield. Top that off with an old set of '36 Ford headlight shells bolted to the hood. Pretty unlikely for a car... but for a tractor, this is pretty normal. It seems that more often than not they a
... [Read Article]
Latest Ad:
Sell 1958 Hi-Altitude Massey Fergerson tractor, original condition. three point hitch pto engine, Runs well, photos available upon request
[More Ads]
All Rights Reserved. Reproduction of any part of this website, including design and content, without written permission is strictly prohibited. Trade Marks and Trade Names contained and used in this Website are those of others, and are used in this Website in a descriptive sense to refer to the products of others. Use of this Web site constitutes acceptance of our User Agreement and Privacy Policy
TRADEMARK DISCLAIMER: Tradenames and Trademarks referred to within Yesterday's Tractor Co. products and within the Yesterday's Tractor Co. websites are the property of their respective trademark holders. None of these trademark holders are affiliated with Yesterday's Tractor Co., our products, or our website nor are we sponsored by them. John Deere and its logos are the registered trademarks of the John Deere Corporation. Agco, Agco Allis, White, Massey Ferguson and their logos are the registered trademarks of AGCO Corporation. Case, Case-IH, Farmall, International Harvester, New Holland and their logos are registered trademarks of CNH Global N.V.
