I am in escrow on some property in which the seller and his real estate agent were not very forthcoming in their disclosure statements. Through a third party I found out some things about the property that are detriments (such as occassional flooding) but I am willing to overlook them and still purchase the property. I have released all my contingencies and we have a close date set.

My real estate agent happened to tell the seller’s real estate agent that we found out some of these things on the property – most importantly about the flooding – and now the selling real estate agent wants me to sign a bunch of documents listing out what I found out as if she had told me about them. I don’t want to do it – it took considerable effort for me to uncover these issues and I have already signed off on contingencies. I don’t think I need to also let her off the hook as if she had disclosed these things to me – she did not. Can the realtor force me to sign these?
I am asking if a real estate agent can legally force me to sign informal and misleading documents in order to progress with the purchase? The seller and I have already signed all legal documents as outlined in our legal contract.

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Just because the real estate market isn’t doing so well, that doesn’t mean people aren’t selling and buying real estate.  it is possible to sell your home, even when the forecasters tell you it is a bad time.  People still need and want to from their home and there are plenty of people who want a good deal on a first time buy.  If you are trying to sell your home and haven’t had many prospective buyers, here are a few things you can do to sell your home during a recession.

First, get a few free evaluations as to your home’s value.  Real Estate agents are usually glad to do this if they think it may result in some business for them.  Get more than one evaluation because sometimes agents will inflate the value of your home to get you to sign with them.

Be realistic about your property’s worth.  If you over-estimate, it will be very difficult to generate interest in your property.  But, don’t drastically under-price it, either or people will wonder what’s wrong with it. 

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Why make life difficult in this depressed housing market, when there are new online methods to lead you through the real estate procedure, expedite communication between buyer and seller, and ultimately sell your property or buy the perfect home.

A revolutionary idea gaining recent headway is the concept of house swapping provided by Internet start-up company, onlinehousetrading.com. It’s really simple: ‘Since, I would like to buy your property and you would like to buy mine, let’s trade!’

Though onlinehousetrading.com charges each customer a $20 registration fee, it offers house selling tips, house trading myths, and provides an overview guiding guiding clients through house trading processes and procedures.

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