when you buy a house is your agent required by law to tell you of low income deveopments being in the works.?
488070
The fact of the matter is that you did not do your research about the area. You didn't ask your agent the right questions either. You should have asked or found out for yourself what is the area zoned for. Your agent's responsibility ends at the curb, any information about "off the property" issues such as rezoning or major works of redevelopment is not their responsibility to disclose to you unless it has an impact on  your property. And even if they did know about the project, you would have to prove in court, that you did not know and that the agent willfully withheld that information in order to steer you into the purchase and now you have real damages because of it.  Good luck...
933271
I would check with your accountant. I believe you have to prove that you have to prove you are in the real estate profession such as agent, property manager etc.
442311
I believe it depends on what is written in your contract.  I recommend asking a professional (i.e. attorney).
603665
To buy a home, the requirements depend on the mortgaging bank.  They can have points, but they can also have no point programs offering higher interest rates.  Inspections are not mandatory, but I'd have one done, especially given the high housing costs at the moment.  Attorneys are not always necessary, but I would suggest it - a notary public must sign papers from any online mortgage transaction--town clerks usually will do it without issue.\n\nAppraisals are necessary and arranged by the bank.  (My last appraisal cost $300.
754358
Wow, I'd hate to be the agent representing the sellers. Our opinions: Tell your lender the story and watch what happens. Don't ask the lender to do anything but tell them to act in their best interest.\nDid you get a seller's property condition disclosure prior to the inspection? Was the inspector provided with such a disclosure?\nIn any event you really do need to do some detailed research on what can and can not be done not just according to the feds but according to your state laws. Here are some links to get you started:\nLAWS: http://www.libraries.psu.edu/socialsciences/legal/st_stat.htm\nState’s Laws passed in 2004:   http://www.legis.state.pa.us/WU01/LI/LI/CL/ACT/20040.HTM \nState bar Association: http://www.pabar.org/  \nYou should go to our educational research page and research what the feds and other government agencies say about all that.\nhttp://www.realestateformnm.com/ResearchLink.html \nBuena Suerte
78489
it also depends on the terms of your employment.. if you are an at will employee, private contractor or what.. it doesnt say in your post anything specific enough..
1028640
First things first. Your Real Estate Agent has ZERO liability as to the condition of a house. The Seller is responsible to report on the 'Disclosure' form anything that they are aware of that is wrong in the house. They MIGHT not have been aware of the problem. \n\nYour Home Inspector that you hired can only look at what is Visible during a normal inspection.  You said that the problem showed up within a week? This means that the problem was NOT apparent during the time of the inspection. Therefore, your inspector should NOT have any liability. \n\nWhat did the AC contractors say was the problem? Ductwork is just pipes...So if there is a problem there it should be easy to diagnose, and correct.  \n\nYour home warranty will conver a problem if something BREAKS...but not if it was improperly installed when you bought the house. \n\nIs your Inspector a Member of NAHI or ASHI? If so, your inspector is highly trained, tested, and follows a strict standard of inspections as well as a Code of Ethics. \n\nRe-read your Sellers Disclosure form, as well as re-read your Inspectors report. Even though the inspector is not liable for any upgrades needed on your ductwork, your inspector should help you in any way exploring solutions to your findings on your home as well as explaining in detail his written report.  \n\nGood Luck! Purchasing a home is a BIG investment as well as an ongoing liability. This WILL be the first of many expenses over the years. Houses are expensive.
495954
That depends on what the option to purchase agreement says. As well as any agreement you may have with any agent. You had better start reading.
170727
You are allowed to buy property.  There is no requirement to show your status for any purchase.  Financing the purchase would be more challenging since you would not be able to prove your income.
285423
Technically, yes. Within the UK before buying a plot of land have a chat with your local planning officer, who is based at your local district council (or borough council if that's what you have locally). They will give you an idea as to whether permission is likely to be granted for the plot. It is then a matter of deciding what you are going to build. Books are available that contain nothing but house plans to give you ideas. There are a couple of magazines on building as well, such as Build-It (URL in sources below). Good luck.
869869
No.\n\nUS law dictates that any sale of goods or services over $500 has to be in writing.  If I remember my real estate law class from university correctly, it's called the UCC (Uniform Commercial Code). Verbal contracts are non-binding in this case.  \n\nThe written contract takes precident.  And here, most real estate sales contracts are worded so that they can back out anytime they want to.  \n\nI learned this the hard way where the same thing happened to me, where a seller backed out on a verbal contract after promising to sell a house to us.  My wife and I quit our apartment in the Bay Area and were effectively homeless unless we could find a new house.  We ended up tracking them down, begging them to reconsider.  Contacted a lawyers, but as you already know - didn't have a leg to stand on. \n\nIt all worked out in the end.  I didn't go homeless. If you believe in Karma, then what comes around goes around.  Don't get pissed, just know that bad things eventually happen to people who don't live an honest life.
891237
AFTER SOME RESEARCH I HAVE MODIFIED MY RESPONSE:\n\nCheck out this link: http://www.mass.gov/dpl/boards/re/forms/disclosure_form_agency_non_agency.pdf\n\nIf this is the form you signed, it is simply letting you know about your options as a consumer and it is not binding you to a specific realtor.
927511
Contact an organization, usually a non-profit backed by a large group of corporate volunteers, that builds houses for people. Usually you'll have to qualify as lower income.\n\nFor example being a teacher working in an expensive neighborhood.
103761
To add to the state requirements your state would impose, sales experience helps.  Also, talk to people who have purchased a house.  Find out what was good about an agent they used, and what they would have liked their agent to do, but he/she didn't.  Also, a knowledge about the market you wish to work in is invaluable.  Start paying attention to what your market is doing before you get involved so you can jump right in, and not spend the first few months trying to figure out what to do.
1127910
Depends...state specific question. Contact your local Association of Realtors.
871121
You should be fine.\nAll contracts regarding real estate are generally covered by "statute of frauds". The statute requires certain contracts to be in writing, in particular all contracts about real estate must be in writing.\n\nGoogle your states statutes, find the statute of frauds, when you go to court tell the judge that the statute of frauds applies to claim making the contract invalid.
94819
didyousearch was correct but I wouldn't advise you filling it out yourself. You need to speak to a Title Agent or real estate attorney. There are specific clauses the need to be on the deed to convey it properly for example marrital status and or a homestead clause. There are others that could possibly be needed as well.