selling price vs appraisal vs offer

**Lenderles** · 10-31-2006, 06:41 AM

BUT! The property was already found. Seller and buyer had come to the point of meeting of the minds. All that had to be done at this point, Is verify that the value is there. If this property doesnt work out for what ever reason, Like you, I also would suggest he get representation because it cost the buyer nothing. Most buyers think they have to pay the realtors fee when they really dont. At this point in the negotiations the buyer can be smart and bring a realtor in ,But, the seller can decline to paying any commission.

**Thesa** · 10-31-2006, 08:18 AM

Originally Posted by Lenderles

BUT! The property was already found. Seller and buyer had come to the point of meeting of the minds. All that had to be done at this point, Is verify that the value is there. If this property doesnt work out for what ever reason, Like you, I also would suggest he get representation because it cost the buyer nothing. Most buyers think they have to pay the realtors fee when they really dont. At this point in the negotiations the buyer can be smart and bring a realtor in ,But, the seller can decline to paying any commission.

There are instances where the buyer can actually pay for the services of a Realtor - it all comes down to the way the contract is written and the way a buyer broker agreement is written.

**QWREALESTATE** · 10-31-2006, 04:33 PM

How badly do you want it? If you want it really bad without question. You could offer at least offer the Min Listing Price. If you are going for a long term investment and don't really have an attachment to that property and don't care either way if you get it, get it as cheap as you can. It's a buyers market. check out the blog at my website qwrealestate.com.

**dwright_97** · 11-18-2006, 04:38 PM

First you may want to go with a 90 or 100 LTV (loan to value) loan. I do this on land all of the time. Wells Fargo has a great 'one time close' option that will let you make one down payment for the land and the construction and then automatically roll that into a home loan once you get the Certificate of Occupancy.

Great deal! The last one I did was 100% LTV.

Dani Babb, PhD