Buying our first home and from a friend, we are both not using realtor. How do you got about doing this, does some have a playbook I can use?

like
Posting as :
works at
You are currently posting as works at

Engage a real estate attorney to facilitate the transaction

Related Posts

In your opinion which is the best target fund to choose in IRA Roth?

5 years post-MBA and all my classmates are VPs in industry or Principals in consulting/IB (some are even Partners/MDs already). I sat in the same classes with these folks for 2 years — probably outperformed some of them academically. Yet, here I am continuing to struggle with my student debt payments, hoping that “Uncle Joe” forgives 20% of it. I’ll never have that kind of earning potential because I didn’t come from the “right background” pre-MBA.

like

Thoughts on Transfix? Anyone invested?

like

Any loan facility available in BOA

like

By investing 50k/annum in NPS I can save 15k tax per year.. Suggest me I should opt for NPS or not?

I’m making about $100k a year currently in a MCOL city. I’m single with no kids, no debt, rent is $1k/mo and I’m maxing my 401k and IRA. Would I be a fool buying a $65-70k car? I’m a car guy so I already have a pretty cool car with only 40k on the clock, but have been considering upgrading. Thoughts?

like
like

I joined in mid February in FIS Global and my PF is deducting since Feb but not crediting in PF account as it is not showing in PF portal. Only 9 days of Feb of Employer contribution in PF and EPS is showing only.

Kindly to whom or how to approach for this ??

like

Tempted to buy 1 BTC ..

like

How often do people upgrade their house? Is every 3 year too slow?

funny

No jet bridge at LAX but got a nice close-up of this GE90 in exchange

Post Photo
like

Do you think house prices in NJ will go down/up? Thinking of buying a house in 9-12 months and saving. What % is a good down payment? (First time home buyer here)

like

150K in Singapore, and $150K in Chicago. Which one would you accept?

like

Tether is a giant fraud. How do I short it?

like

Moving from the US to Singapore soon. On a 90k salary, how much should I budget for rent? Ideally I want to live in neighborhoods close to central locations such as Tanjong Pagar, but I’m not sure if it’s possible.

like

Balanced portfolio: hows’s your stock: bond ratio? Within stock , which index funds do you invest ? I have mostly invested in vtsax and vigax, and tiny percentage in vviax. Do I need to increase in vviax?

like

My firm doesn’t match my 401k — still worth opting in?

like

Personal Capital users, which pnc link do you use to pair the retail account? Doesn't seem to work

like

Can grad students get $20k forgiven if they got Pell in undergrad but outstaning loans are only for grad school?

like

More Posts

Plot twist: Ivanka is Putin's daughter

like

I feel like I've been living under a rock for ~5 yrs. I was happy and blowing off money with the thinking that I'll start saving once I start earning more.

Just realised that could've started early. I'm in mid 20s and thinking about investment. Tried watching YouTube videos. But I have pretty basic questions :
1. Where do I even start?
2. What %age of income should I invest?

I hope I'm not late.

like

How long after you quit before your company removes your access to your FSA card?

like

Top 10 books to read about consulting life ?

likefunny

Anyone transition from consulting to product and have any real practical advice? I’ve read many boards, blogs, and books but maybe something that you learned in the process that would be helpful?

likehelpful

I got lowballed an year back. I joined without realizing how the title salary would drag me back. I am stuck in my role and low salary. Any suggestions?

like

Best bars/restaurants with large outdoor space in McLean/NOVA? I’m looking for something for St. Patrick’s Day that will be spaced out

like

Where are the best tacos in Atlanta?

like
like

I recently cleared all technical rounds for Global Technical Support Engineer 2 role at PayPal, I have 3.3 YOE. Could anyone please let me know how much does PayPal on average offer for this role.

How to book seat for office at Pune location?I am a new joinee and planning to go office once in a while.Kindly help guys

like

Thoughts about Cloud Support Engineer -Security role

likefunny
like

Any advice on transitioning from a Wealth Management Role to something more analytical? Preferably private equity or investment analysis/due diligence. Have about 4 YOE, located in Boston

like

This is awesome. Thank you to whoever started this. Yes let's keep helping each other.

like

Anybody living in switzerland? Keen to escape the German political corona madness and looking for job opps/referrals in switzerland

like

Has anyone at a mega fund like KKR or Apollo experienced coinvesting and actually being able to put money into a deal?

like

Sales and Trading vs PE? What is comp, WLB and career trajectory like. Doing my MBA now and likely going into consulting, but not sure. Might plan to exit to PE but if S&T offers decent hours and similar pay, may just skip the whole consulting to PE business.

like

My interview status is showing Candidature is on hold after the Accenture final round. When can I expect the result?

Thanks in advance.

like
like

Additional Posts in First Time Home Buyer

Please suggest popular areas for 2BHK affordable rent in Toronto. Both my husband and I work from home and have recently moved here. Have stayed in basement accommodation for over 6months. Would like to have a slightly bigger place.
Any recommendations please. Thank you!

Thinking about using my VA loan in a few years. Any advice?

like

Anyone here willing to connect/talk about buying a house in Toronto. Would really appreciate it. I am just overwhelmed thinking about it and not taking any action.

Hi all! I’m new! I started the year off planning to save for a home for myself, then rates skyrocketed. So we’re holding off. Fast forward to the final quarter of the year and we were presented with the idea of a residential assisted living facility. The problem there is we’d still need to acquire property in order to run one. The only difference is the RAL would be a business and is already registered as such. Does anyone have any experience here?

like

With interest rates between 6.5% and 7.5%, it is safe to say that buyers are slowing down in their search.

I am a real estate agent who is in the process of closing on her first home. We offered $15k under list and asked for closing costs to be paid for. Granted, this is in a very small rural town; however, just know... If you have been looking for a home for the last 2 years and have not had great luck, now is the time to take advantage of the changing market. You can refi when rates drop.

like

Is it wise to buy a home now with high interest rates in nj or would it be wise to just wait and see? Looking to buy a house in central NJ

like

Has anyone dealt with financing a non-warrantable condo? About to drop out of the deal because I can’t find a lender. My finances are fully in order, issue is the building.

like

Any recommendations for buying agents in Massachusetts?

like

What do you wish you knew before you began the home buying process for the first time? What would change if you could go back to the beginning of the process?

like

Seeking some advice for home buying. Went under contract on a new construction back in March, was originally supposed to be ready in August but has been delayed until November. I’ve began getting quotes for mortgage rates through lenders and the best I’ve seen so far is 5.75% (excellent credit, dp at 10%) at a 60 day lock. Debating if I should test my luck with the market to see if rates will drop or if I should go ahead and lock my rate in before Rates increase even more

like

When is a good time to start looking to buy a house if you are currently renting? Like 1-3 months before your lease is up? My fiancé and I don’t want to rush the home buying process, but wanted to see if anyone has experienced this and their thoughts if they would have done something differently.

like

When do you know you've toured enough houses and should pick one from the list you've got? I've seen probably 15-20 homes, and put in one offer. How many homes should you tour minimum, and how many offers did you put in before you closed? I don't want to be too hasty and choose something just because, but I also think continuing to see homes isn't really making my decision any easier. Thanks!

like

That couple who asked for cash for their mortgage downpayment at their wedding is getting a lot of shit but I feel like that's honestly really smart. Why not ask for what you really need? Especially with prices how they are and only getting worse.

like

Recently divorced. Never really done any buying of anything non-apparel without my ex-husband's "help." Now I need to find someone to help me through the process so I need to get a realtor. I'm terrified these people will rip me off or try to screw me because I'm new to this. What should I ask a realtor to really vet them well before hiring? How do I know they're legit? Should I ask for referrals/reviews?

My boyfriend and I make 200K combined and live in NJ. We have $1000 in monthly car payments combined. That’s all we owe. Our credit scores are in the 800s. We have 50K to put down on a home. We have done the math and I know we can afford much more but he doesn’t want to buy more than a 400K home. I’m almost positive we can afford 500K and be more than ok. But then he starts to talk about how much kids cost and how we will be house poor and we won’t be able to afford kids. 🤔 Am I insane??

likehelpful

Did anyone make a move from Chicago to Dallas ? Or vice versa. Just need an objective opinion. My friends in either places moved from different places to Chicago, Dallas. But not from one to another. I live in Chicago, contemplating to buy home in Chicago or move to Dallas and buy home and settle

like

How to optimize mortgage rate in current financial climate? Found a really good home and only thing holding me back is interest rates and how its poised to ho higher

like

Hi! European here who moved to New York and trying to buy a condo apt. Any tips on the mortgage process, any good providers here with good rates and no crazy costs? Condo is $450K and putting $200K down if helpful

like

How do you find lenders? Should I pick a realtor first?

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal