In many real estate markets short sales seem end up being an overwhelming percentage for the home prospect lists. The opinions apparently vary on short sales from side on the other.
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Most states require that real estate brokerages now pay interest on earnest monies over a specialized amount, here it's $5,000. You might want to fill out a W-9 though to get interest. Brokers can't co-mingle earnest monies funds using business, it requires to go into an escrow account.
Independent of price level there will almost allways be buying and selling of homes doing. But the way people quest for and find homes elevates the middle for a dramatic vary. The Internet is the great equalizer but also the great differentiator.
Every top agent will usually have an and up to date database that all personally. All the time they increase the people with their 'list' and maintain relevant ongoing constant look.
___ The decision. It might be best to think about at six or more homes before writing an agreement. Does this home have what you ought to? How does it compare to others you could have seen? What is the appraised value, or perhaps the value indicated through tax assessor. Why the is seller selling? Have there been other offers, and occurred with them (ask the agent)?
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