Message from discussion
Process for buying a house - Texas
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From: t...@toddh.net (Todd H.)
Newsgroups: misc.consumers.house
Subject: Re: Process for buying a house - Texas
Date: 07 Nov 2006 00:11:50 -0600
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m...@webtv.net writes:
> I'm thinking of buying a house in Houston, Texas. Questions are
> popping up:
>
> 1) One of the staff at the realtor who's selling this
> particular house volunteered to represent me "vs"
> the selling Realtor. Is this normally done?
Interesting.
Buyers agents aren't uncommon. But using someone from the same office
is suspicious.
Have you actually been shown the house? If so, whomever showed it to
you may end up being your realtor for that house.
> 2) Is it the usual thing to get a lawyer to represent
> me in the home-buying process, or just a Realtor? If so,
> where's the best place to go for a recommendation on a
> lawyer (since I don't know anyone who can recommend one)?
Usual varies by locale. In Austin, I didn't use a lawyer for our
transaction and it didn't seem all that out of the ordinary. But, in
general, I've always felt better with a lawyer at the closing table
with me because they're paid a flat rate, and I know he's going to
represent my interests and is not paid only if the sale completes.
This is in stark contrast to any realtors sitting at the table with
you. Never forget this when dealing with a buyer's agent. They may
be "your" agent in name, but never ever foget they dont' get paid
unless you buy something (sooner the better).
> 3) Is there a place on the Net to go for a good primer on this
> process (particularly in Texas)?
I got a lot out of a copy of the Homebuyer's Survival Guide in my
first house. It's national in scope though. perhaps there are state
specific ones that are pretty decent. However, if you find a real
estate attorney you like, they should paint the picture for you
nicely.
--
Todd H.
http://www.toddh.net/
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