Question : in real estate property, to offer to buy it from the owner or listing agent, do i need to sign my signature in
i`m asking about california property, to make an offer to buy , do i need a signature on my proposal to submit to owner or agent ?Thanks.
- asked by jim c
All Answers: Answer #1 You need to sign it and you should use thestandard contract. Since you are probably notgoing to save money for not using an agent (sincethe listing agent in this case, get the fullcommission), why don't you find an agent who woulddo everything for you? - answered by spot
Answer #2 If you don't sign it, how can the seller know thatthe offer is authentic? If you buy somethingwith a credit card your signature makes itauthentic. - answered by Puzzleman
Answer #3 Definitely get an agent who specializes in thearea and type of property you are seeking. don'tgo it alone - answered by BigDaddy
Answer #4 You can have a verbal contract to sell and buyproperty, however the contract is not enforceablein court. Real estate is one area where all offersor contracts must be in writing (even if it is ona napkin) with a signature or mark (if it's amark, it needs to be witnessed by two people whosign it as well) to be enforceable in court. Ifyou're in Southern California, I can be your agentand split any earned commission with you. However,I think you're trying to do one or more of thefollowing:1. Use the money that the seller wouldhave paid to the buyer's agent to lower thepurchase price of the house. If that's the case, Ihope you are knowledgeable enough to determinereal value of the property and to determine thefuture trend in value for that area. A fewthousand dollars on a loan will not equal a greatdeal in savings on a monthly loan payment. Irather get the money upfront and let the bankfinance the rest. 2. You're hoping to get thisproperty below retail value and then sell it tosomeone who is willing to pay more. If that is thecase, you can make it an assignable purchasecontract.3. You're trying to control the propertywithout owning it. If that is the case, you can doan assignable purchase option.Also, if you don'thave a license, make your offer in person to theowners/sellers. Most real estate agents are notable to think outside the box and feel frightenedif they get approached with an offer that is not astandard form and because real estate agents havea great influence with their clients, they mightpitch your offer in a negative light.Contact me ifI can be of any assistance or if there is anotherproblem that is preventing you from signing yourname that I might have missed. Regards - answered by satarnag
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