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Old 09-13-2008, 09:17 PM   #6 (permalink)
faith
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Cool Re: IRS Tax Laws on Short Sales

Quote:
Originally Posted by RefusetobeStressed View Post
Faith,

She faxed me the contract this afternoon so my husband could sign and as I stated earlier will meet with her on Monday to give the contact back to her. I think I did something stupid. I gave her a check for the $3795.00 but when I gave it to her she told me to get a money order for that amount but do not fill it out. She is going to give me the check back. I asked her why and she stated her office determines how the money is distributed. I thought that was odd. I have the listing agreement open now and it seems she is a broker working for a real estate company and I don't think I should list the name of that office. Should I cancel the check?

Refuse
Since your husband has not sign the contract, call her and just tell her that your husband does not want to sign the contract, and you want the check back, that you have put a stop payment on the check. You practice what to say to her, say a prayer first that God will help you what to say. And if she refused, then tell her that you will file a report at NAR(National Association of Realtors), see what her response, agents doesn't want to have complaints about them, because NAR could take their license back.

That is odd, after you gave her a check, then she wants you to buy her a money order for the same amount, but wait don't put anything in it because the broker will determine how much each will get? I see ripped off when I hear one.

If you are sitting in your computer can you do me a favor and go to your browser and type bbb search, once you type the bbb search click on that and it will give you a page where you can type the name of the company and their address, zip code and then will give you a report for that company. Even the name of that broker or agent, maybe you can find something about this company.

Don't worry about the check, you can always put a stop on it. Let's just hope she will return it, If not repeat to her about complaining to NAR.

And by the way when you sign a contract with a real estate agent, you don't give your SSN first, tell them that you will give your SSN once the escrow closed. Because you really don't know this people, you have to protect what you have. If they argue with you, that's a red flag, then say I don't feel comfortable giving my SSN, I rather give it to the title company when the escrow closed. That's what I told my agent and he said, I don't need it anyway, my title company needs it when escrow closed. That's when I knew that I was safe with him. And don't sign an exclusive listing because if you do you are giving them the right to sue you.



My thoughts and prayers are with you and husband.
God's hand is upon you and husband and family.

Peace be with you.


Faith
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Regards,

Faith
"Pay it forward"

Last edited by faith; 09-13-2008 at 09:22 PM..
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