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Please add 8 and 1 and type the answer here:
Mortgage Rates
30 Yr FRM 4.83% -0.08%
15 Yr FRM 4.32% -0.04%
1 Yr ARM 4.35% -0.11%
5/1 Yr ARM 4.25% -0.04%
30 YR Tres 4.30% 0.01%
Fed Prime 3.25% 0.00%
Q: My husband and I are having second thoughts about selling our house. Can we back out and if so is our realtor entitled to any funds?
  • If your property is currently just a listing for sale on the market, you certainly can take your home off the market. Just read your AGENCY AGREEMENT you signed at the time of your listing. Carefully look for any provisions that state that you would owe thebroker for items that you agreed to pay for up on a termination of listing agreement. Some agreements may contain items like; a flat cancellation fee, marketing fee, advertising fee's and so on. Again, just read carefully then call and chat with your sellers agent about your thoughts.

    If your property is currently under contract with a full agreed up on Purchase Agreement, please seek legal advice.


    Answer Submitted on Fri, Jan 9 2009

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    Answer Contributed by: Ken Jones
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