A real estate lawyer I spoke to lamented that they (lawyers) do so much work but get paid less fee than agents.
Buying house bypassing agent
Buying house bypassing agent
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Jul 9 2025, 10:15 PM
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A real estate lawyer I spoke to lamented that they (lawyers) do so much work but get paid less fee than agents.
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Jul 10 2025, 09:41 AM
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Jul 10 2025, 10:21 AM
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QUOTE(mini orchard @ Jul 10 2025, 09:50 AM) There cases where buyers wants to abort the deal B4 reaching the lawyer's office for reason only known to the buyer. Of course need to pay earnest deposit to book the house mah.If owner seller don't collect deposits, he may missed out on another potential buyer waiting in line without any compensation for time wasted dealing with the buyer. |
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Jul 10 2025, 10:25 AM
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QUOTE(Boomwick @ Jul 10 2025, 09:57 AM) Wow.. say like owner are very good. Earnest deposit is either paid to buyer's lawyer (who will then write to seller's lawyer to confirm status and transfer the money to the seller's lawyer, or the real estate agency. I tell u purchaser out there, it is confirm safe to use a legal REN property agent to safe guard your own deposit, be it rent or sale U never heard of eerie story owner take multiple deposit from purchaser and disappear with all your deposit.. because u got no stakeholder (real estate agency) to protect u in case anything happen, deposit is safe. Deal with owner, owner ask u place deposit 3% for his house direct transfer to his name, if he do 5 times to diff fella, and disappear because he need cash, u jao lok gao ad. Usually such case is they sell super cheap one, and tell u pay deposit to their own name If owner asks to pay to him directly, I'll pass. Kinda scary. GravityFi3ld liked this post
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Jul 10 2025, 10:46 AM
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Jul 18 2025, 11:53 PM
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Jul 19 2025, 11:10 AM
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QUOTE(adamhzm90 @ Jul 19 2025, 10:23 AM) Separate lawyer also can.. I know we can use same lawyer. But he mentioned *must* use same lawyer. Can and must aren't the same.But for selling and buying house is the same purpose what.. Can use same lawyer to reduce cost rx330 liked this post
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