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Ah I love the IRS, I should look up the ruling, but the IRS likes ambiguious gray lines. 1) so people can't play up to the line and come up with creative tax strategies and 2)so taxpayer don't have clear footing on refunds from other brokers

"What is the Redfin commission refund? If you buy a property through one of Redfin's own agents, we refund to you half of the commission that we receive from the seller. The convention in most markets is for the seller to pay 3% of the final price as a commission to the buyer's agent, in which...

What I hope to bring out of this post is not a "yea I bought a home" declaration. I encountered some twist and turns along the path and would like to share it with all. INTRO Like Mazzy, I recently bought a home. My fiance and I are getting married in September, and there was some...

Why is this all Chinese. I know a Syrian co-worker whose parents gave him all cash to buy a house 700+. I'm sure Syrians and Persians have money too.

Would you rather have a 10k purchase price reduction or 10k closing costs and prepaid expenses? My lender friend told me the closing costs and prepaid would be better partly due to time value of money, but a realtor thought the purchase price reduction would be a better choice.

Yes, I am not aiming for a kickback. Since I am planning to walk out otherwise, I will see if the agent and seller will agree to 1.6% less. They can make up the difference however they want or decline. I am meeting at 9 PM. I may lose the house or I may not. We'll see. Thanks for the help USC.

Is it possible to see the commission percentage for a property or is it only available to the buyer and seller agent?

"Is the title insurance and escrow company typically the seller?s choice? Do I need to choose it on my own too? " I know. I'm anticipating at least some annoyance. A 40k payday gets cut down (800k house). I can only imagine.

Is the title insurance and escrow company typically the seller's choice? Do I need to choose it on my own too?

I am meeting with dual agent tonight to express my concerns. Hopefully it will turn to my advantage. Say I get a reduction in purchase price. Is there any way else the agent can mess with me? Is there anything I should watch out for? Should I state a max interest rate for the loan...

Should I flat out ask if the agent is willing to give up part of his/her commission, or should I wait until he/she offers it? The agent said there was a backup offer in the pipeline which may or may not be true.

At this point will there be any fees or costs incurred ("less fees and costs") per the cancellation contract? I wrote an email to my dual agent saying that I wish to cancel the contract and said I was not comfortable with the dual agency. We have not made it to escrow yet. We made the offer...

No the contingency approvals have not been removed. We have not moved into escrow. Can I back out for whatever reason in 17 days? Does the reason need to be substantial? Can I just say I don't like the house?

I have the right to exit but I give up my deposit right? I understand the controversy of dual agent. Has there been any legal precedent over fiduciary responsibility of a dual agent to buyer? I know the answer is probably no but is there any grace period at all to a real estate contract if...

First, I'd like to preface I am beginner in buying real estate. I recently bought a home with an agent representing the the seller. We did sign the California Disclosure of dual agency. During our offer process, our agent did not advise that we could have the seller pay part of the...