We are interested in purchasing a home and have found out the asking price has dropped almost 175K! How can we research if the 2 year old home has been appraised and for how much? We do work with a real estate agent but want to do some research ourselves to see if our considerably lower asking price is too low.

We are under contract on a home, and now have been told by the seller’s agent that a company is taking over for the sellers (they moved away months ago). so now we have to sign all these NEW documents, and an addendum, plus a NEW disclosure from the sellers (the couple that moved) that is DIFFERENT from the one we saw/signed when we entered into the contract…. My gut is telling me there is something wrong here. Our agent is telling us we have to sign all the documents for the sale to proceed…. We’ve already had our inspections, and appraisal (which we are waiting on). We don’t want to get screwed over! Our real estate agent doesnt’ seem to think anything is wrong….Please help! FYI This is not a foreclosure.

Wonder Y asked:




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i wanna get into real-estate?

mz.luvself asked:


i was thinking of taking a class in real estate transaction and work for a mortgage broker or maybe even as an appraisal, im not sure though i don’t know which one would be more money and beneficial!

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real estate questions?

alchol360 asked:




http://sportchix.net

Real Estate Legal Advice: Square footage grossly misrepresented by Realtor?

We purchased a 2 story home, in OK, that was listed as having 2890 sq ft. The home was built in 1973 and needed some major updating. We thought we were getting the home for $51 a sq ft. After living in the home for one month we finally got a copy of our appraisal and to our SHOCK the home only has 2187 sq feet! Did I mention the realtor was the seller’s mother? This was a GROSS misrepresentation. Anyone know OK law that can give us some advice? The county assessor’s records were WRONG. We found out the home had only sold one other time and it was listed at APPROX 2400 sq ft then. It turns out the same appraiser did the appraisal for the previous buyers and he said, “The house didn’t grow.” What do we do now? We just lost about $40,000 and this is a nationwide realtor. Our previous home (our first) was only 1200 sq ft so this one seemed WAY big to us.
I also forgot to mention that is 703 sq ft short of what they advertised. AUGH!

By: zdvbowman@sbcglobal.net

About the Author:



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what is a good real estate school to attend in Chicago?

Pooks asked:




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I am lookoing for a school in riverside named Anthonys school of real estate?

school is for appraisals and brokers.

By: lovevonlary

About the Author:



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According to real estate agents I’ve questioned, after prequalification for a mortgage they order the survey. If satisfactory the appraisal is then ordered. My appraisal is satisfactory but the mortgage was denied after all this because of insufficient trade lines and the property is not FHA approved. Shouldn’t they have known this after the survey and thus do I have the right to have my appraisal cost refunded? What advocate agency can I go to for help with this?

Real estate property disclosure doctored?

belladito asked:


Property disclosure was done by an appraisal company hired by the seller. The house is an estate sale and I have already made an offer on the house. I just found out that a repair estimate of $40K was on the original disclosure form and does NOT appear on the version I received. Do I have any recourse at this time? I live in OH.

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Should I sue the real estate agent or the owner of the property?

yp_joe_arlington_887 asked:

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