government owned homes: Can A Seller REALLY Enforce That The Buyer Not Resell For A Specific Period Of Time? - 05/03/12 05:20 AM
Can A Seller REALLY Enforce That The Buyer Not Resell For A Specific Period Of Time?
A lot of the bank and government owned listings specify owner occupied only for the first couple weeks or for the first month. They require the buyer to sign a document that the house will be their primary residence and that they can't sell for the first 60 days up to a year after closing.
What law is the buyer breaking if they lie? I never realized it was against the law for buyers and sellers to lie to each other. They do it all … (3 comments)

government owned homes: Have Banks Gotten Into Real Estate By Way Of Foreclosure Listings? - 02/07/12 08:50 AM
Have Banks Gotten Into Real Estate By Way Of Foreclosure Listings?
If you have been in real estate for any length of time you know the banks have been trying to cut into our slice of the pie. The National Association of Realtors has fought for years to keep this from happening, but have the banks sneaked in through the back door? And have we as Realtors facilitated this?
I showed a bank owned home yesterday. I called the listing office to set the appointment and was told to schedule online, and if I wanted to submit an offer I needed … (4 comments)