Have you ever had a client from another state who knows the law better than you? I just had a situation where a Real Estate Attorney from another state was purchasing a home in NC. This attorney is a very bright person and meant no harm. The buyer(attorney) could not come to closing so the husband attended and sign the documents. The spouse was email the Deed Of Trust and was suppose to sign and express mail back. Everything was great except for the fact that this buyer changed the Deed Of Trust with scrath out. The buyer was going by their state law and not NC law. This created a huge problem with the closing. The deed Of Trust could not be recorded and we had to explain that not all states are the same. This cause a 3 day delay in recording and alot od headaches. In the future if you have a client moving into your area and they are an attorney be proactive and explain that all states are not the same. You will be glad that you did and so will everyone else!!
This truly is a great site to get experience on problems without having the frustration of actually having them happen to you. You can take the knowledge you obtain from blogs and implement them in your daily practice so that you are not the one going WHAT NEXT!! All Real Estate Brokers-In-Charge should really stress to their agents to join Active Rain so that we can improve the publics perception on what we do and how we can be an asset to them. Most clients think that we are all money hungry and are trying to hurry up with them to get to the next deal.I am a 2nd generation Broker and I learned from the best, my mother. She always said to treat everyone to way you would would want to be treated with no exceptions. That is true in Real Estate and life!! PRACTICE WHAT WE PREACH!!!!!!!
I am dealing with a very hard seller of Commercial property in Cabarrus County NC. The sellers are from Brooklyn, NY and do not understand the local market. They are under the impression that all commercial property no matter where it is located has the same value. the market here has taken a beating with several companies closing their doors and moving jobs elsewhere. Which makes for an abundant supply of empty buildings available. In the last threeyears we have lost over 8,000 jobs in this county and the trend is continuing. My question is how do you make a seller who is out of touch realize the severity of the situation here. I have sent them all the data about the area and they seem do dismiss it as me trying to get them to sell their property dirt cheap. How do you convince them when all others things have failed. If anyone can give me advice on how to approach this it would be greatly appreciated.
Absolutely not!! I have dealt with numerous so called home inspectors over the years and have found that not all are great inspectors. When choosing a home inspector make sure you ask for references and qualifications. You should choose a home inspector that is a Licensed Contractorwith at least 5 years experience. Also make sure that the individual is insured, just in case he hurt himself on your property. Last make sure that the inspector will allow you to be at the inspection. If the inspector says no then find someone else who is not hiding something. A qualified inspector can save you thousands of dollars or cost you the same.
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