Are you selling your Indianapolis home without a REALTOR® or legal representation? Remember to protect yourself! This weekend, I received a call from a homeseller who had his home advertised as a lease option. Instead, he found a buyer, then realized he didn't know what to do next. He wanted to know if I could facilitate the contract for him.
Of course I can! We negotiated compensation and I sent him the contracts and addendums I believe he needs to protect himself, as well as those required by law. Many people who sell their homes themselves do not realize they are subject to certain laws regardless of whether they are represented by a REALTOR®.
Indiana Code (IC 32-21-5) requires all sellers to provide a ...
It is part of my normal routine to contact lenders on behalf of my clients who are in the process of trying to obtain a short sale on their home.
Today, one of the lenders I called had an intro message warning their clients about third parties who approach them offering assistance on loan modifications. I was happy to hear they are educating their clients about their ability to act in their own behalf and deal directly with the bank.
It is my personal recommendation to all my clients to stay in contact with their banks once they fall behind on their mortgage payments - even beforehand, if they know they will have problems making the payments. Banks are willing to work with their clients. It does take some perserverance and tenacity, as well as documentation, but any homeowner has the ability to work out their own loan modification.
Unfortunately, in today's economic and real...