Comments on: What can a real estate agent and broker require you to sign in a real estate deal? http://www.passiveincomecreation.com/what-can-a-real-estate-agent-and-broker-require-you-to-sign-in-a-real-estate-deal/ Stop Worrying About Job Security and Enjoy Financial Freedom With the Right Business Opportunities! Wed, 08 Feb 2012 12:10:13 +0000 hourly 1 By: Drew http://www.passiveincomecreation.com/what-can-a-real-estate-agent-and-broker-require-you-to-sign-in-a-real-estate-deal/comment-page-1/#comment-87 Drew Sat, 13 Feb 2010 15:13:17 +0000 http://www.passiveincomecreation.com/what-can-a-real-estate-agent-and-broker-require-you-to-sign-in-a-real-estate-deal/#comment-87 Force you, you can walk away from the deal, you must ask what els have they lied about? Force you, you can walk away from the deal, you must ask what els have they lied about?

]]> By: Miss V http://www.passiveincomecreation.com/what-can-a-real-estate-agent-and-broker-require-you-to-sign-in-a-real-estate-deal/comment-page-1/#comment-86 Miss V Sat, 13 Feb 2010 14:19:54 +0000 http://www.passiveincomecreation.com/what-can-a-real-estate-agent-and-broker-require-you-to-sign-in-a-real-estate-deal/#comment-86 I don't believe they can force you to sign them. Discuss with your closing attorney with regards to any liability you may suffer in the future because of these problems. Had you known in advance, you might have offered a lower price, since fixing them in the future will be your cost and not one that you can toss over to the Seller. In fact, if the Seller has not offered you a one year Home Warranty, this will be the time, in lieu of the other documents. Make sure it covers as many items as possible, from appliances, to heating system to plumbing. I don’t believe they can force you to sign them. Discuss with your closing attorney with regards to any liability you may suffer in the future because of these problems. Had you known in advance, you might have offered a lower price, since fixing them in the future will be your cost and not one that you can toss over to the Seller. In fact, if the Seller has not offered you a one year Home Warranty, this will be the time, in lieu of the other documents. Make sure it covers as many items as possible, from appliances, to heating system to plumbing.

]]> By: sylviavnpttn http://www.passiveincomecreation.com/what-can-a-real-estate-agent-and-broker-require-you-to-sign-in-a-real-estate-deal/comment-page-1/#comment-85 sylviavnpttn Sat, 13 Feb 2010 13:45:59 +0000 http://www.passiveincomecreation.com/what-can-a-real-estate-agent-and-broker-require-you-to-sign-in-a-real-estate-deal/#comment-85 You have a LEGAL AND BINDING CONTRACT. all disclosures within the contract should be what the seller knows about the property. Now the other agent cannot FORCE you to sign anything. Basically what the agent is trying to do is cover his clients ass- if the selling side has a problem with it you can always take it before arbitration (see how they like that). Either way the selling agent is not within his rights to present other docs. for disclosures, nor do you let them off the hook. You will have no recourse if you do. Hope this helps. You have a LEGAL AND BINDING CONTRACT. all disclosures within the contract should be what the seller knows about the property. Now the other agent cannot FORCE you to sign anything. Basically what the agent is trying to do is cover his clients ass- if the selling side has a problem with it you can always take it before arbitration (see how they like that). Either way the selling agent is not within his rights to present other docs. for disclosures, nor do you let them off the hook. You will have no recourse if you do. Hope this helps.

]]> By: Faye H http://www.passiveincomecreation.com/what-can-a-real-estate-agent-and-broker-require-you-to-sign-in-a-real-estate-deal/comment-page-1/#comment-84 Faye H Sat, 13 Feb 2010 13:44:57 +0000 http://www.passiveincomecreation.com/what-can-a-real-estate-agent-and-broker-require-you-to-sign-in-a-real-estate-deal/#comment-84 Let her off what hook? If you're still willing to purchase the property, even after knowing all the things that are wrong with it, where's the hook? Unless you're planning on suing one of them after the deal is closed. If you don't want to sign them, then don't sign them but you're likely to end the sale and possibly lose your earnest money in the process since you've already released all your contingencies. I'm not sure what you are trying to accomplish by not signing them. Let her off what hook? If you’re still willing to purchase the property, even after knowing all the things that are wrong with it, where’s the hook? Unless you’re planning on suing one of them after the deal is closed.

If you don’t want to sign them, then don’t sign them but you’re likely to end the sale and possibly lose your earnest money in the process since you’ve already released all your contingencies.

I’m not sure what you are trying to accomplish by not signing them.

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