
Do you have a current contract price of a house be disclosed before the sale is final?
I work for a mortgage company in the Department of Evaluation. I reviewed an assessment and the assessor used sales pending and active listings to support the value of the house. It's good for me, but there was an adjustment to the negotiation (as most know, the houses often sell for an average of less than 5.3%). So I got into a dispute with one of the "leaders industry "in another state maintains that the auction houses until the price of the contract and the disclosure of what the assessor has not been set. I always thought that was illegal prevent a third party to see what the price and the seller offer a little more … Am I wrong here? I for some reason, only have access to yahoo at work can not investigate the real estate sites … if anyone can help me get this idiot off my back, I appreciate it. Even if I'm wrong, I just want to know! Thanks!
Do not think you're wrong. I do not practice real estate in recent years, but I'm almost a real estate agent is not supposed to disclose a price current purchase. The deal could go through and the seller can not get a better deal because the other know how much they had agreed earlier. The only way I can think that the evaluator found that the contract price would be if he / she called the listing agent and asked. The officer should not have said, but Sometimes people do not realize what is or is not to say, especially since an appraiser is something of a colleague. I remember houses under contract only appear in the MLS under a contract and the actual sale price does not appear until the market is closed and the list is changed to sell. I think you're right and the Head of the do not know what he / she speaks.
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