Thinking of making a move in the Dallas area? 📲 Call / Text me: 214-957-2001 💻 Email: michael@bearcoastdallas.com 🤝 Set an appointment with me here: bit.ly/40HvRrQ 🎥 Subscribe here: bit.ly/3JPOiUB
@KentonNewby11 ай бұрын
Michael, I’m an LO for a big mortgage broker and this video was spot on! Great work! Wish I was licensed in TX…lol! Oh, and I’m totally stealing that “yellow dots, little piece of Texas” intro too…but for GA. 🍑 And 100% agree about Box A. That $500’s of penny pinching can delay closing or cost the buyer their earnest money. Sooooo not worth it.
@dallasneighborhoods11 ай бұрын
Thank you for the kind words!
@user-bk7pg1ny5l7 күн бұрын
As of a few days now, the buyer has to pay the agent or work out some kind of deal with the seller.
@dallasneighborhoods7 күн бұрын
Commissions have always been negotiable. Sellers could always have offered $1 as buyer agent compensation if they wanted… but nobody does it because it dramatically decreases your buyer pool. I’ve not come across a single seller that wasn’t offering to pay the buyer agent commission yet. But yes worst case if they’re not offering it, you can still work it into the deal exactly as before. Historically it’s already been pre-negotiated into the list price before it even hits the market. Now you might have to add it to the purchase price as part of the offer.
@shawons0171 Жыл бұрын
That was awesome video
@dallasneighborhoods Жыл бұрын
Thank you for watching!
@alexvilla388611 ай бұрын
When buying down the interest rate, does that money go towards the principal of the loan? Or is it just added to closing cost?
@dallasneighborhoods11 ай бұрын
You can do it either way. Cash at closing or increasing the loan amount.
@legorretachristian219 ай бұрын
Oh okay. 😢
@dallasneighborhoods9 ай бұрын
I don't get it lol
@MrThe1234guy9 ай бұрын
Attorney fee of $150 😂
@dallasneighborhoods9 ай бұрын
Lol it’s really more of a doc prep fee… there is no legal advice involved. It’s just that they have to pay an attorney to prepare the docs.