Tuesday 22 March 2011

Home Buying For Dummies

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home buying for dummies
How do I cancel my real estate account without cancel my Yahoo account?

I just read from "home buying for dummies" that the condition of using Yahoo real estate account is rediculous. From my understanding, you essentially just have to buy from Prudential. Obviously I did not read the term of service carefully when I signed up. But from what I read in that book, it's like Prudential buys Ad space from Yahoo, and people who use the site to look up in their Ad will have to buy from them. I am not sure their terms (wishlist) is legal. Anyway, please help cancel my account with Yahoo real estate.

Dan Cai


I can only give you a partial answer as I am not that familiar with Yahoo "real estate" account. I HOPE you did not pay for anything upfront. If you did, that is HIGHLY suspect. I'm guessing you did not.

Now, trying to read between the lines, I'm guessing that you feel you are being forced to buy real estate through prudential. While I'm not a realtor, I would always recommend having a realtor represent me when purchasing or selling a home. In MOST TYPICAL situations the person SELLING the home pays both realtors (the one who is listing/selling and the one who brought the buyer). My GUESS is that, based on the agreement btwn Yahoo and Prudential, Prudential will be representing you the buyer. Keep in mind that you do not pay them. Now, you may say to yourself, if the person selling has to pay them, they'll just charge you more. While that may happen occasionally, that is the exception rather than the rule.

If you are serious about buying a home, go and interview several realtors to see who can help you. My recommendation would be to find someone local who has been a realtor for more than 2 weeks and someone who listens to you but also educates you on the process.

Best of luck,

Joe...


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