Getting the license makes a lot of sense now.I will tell you that there has been a number of occasions where disclosures were not given to me, especially the Agency Disclosures.In fact, one Broker was representing both the Seller and myself just recently and I never received the Dual Agency Disclosure.Another problem I see is in the case of a building that I bought over 6 years ago which is past the Statue of Limitation for Real Estate lawsuits, the legal use of the property was mis-represented by ALL parties, including the Agent, the Broker, the Appraiser and the Attorneys.

Just curious.Another potential scenario, what happens with the same situation, except I am in a dual agency with a Buyer as a client?

If its a long term hold, you will refi with agency debt.

.- If you do not have a perfect credit score, but have unblemished credit, the credit reporting agencies still MUST give 3 reasons why you do not have a perfect credit score. 815 v 795 is normal month to month variance.

Hi Melissa, The Auction i was in was Ending 24Hrs from My post Date, And there were Simply Too Many Houses & I Did not Have Them Narrowed Down Enough as the Auction of 6,800 Houses Closed .Although I Learned A lot throughout the  (Online Tax-Foreclosure ) Auction process, This Part/the " Legal Land Description + Matching it to a " plat Map" Really shook me and ate up Most all of my time Trying to figure this out ,As people/the County were "selling an Address" only to find out it was a Vacant piece of Land next to the home that they hadn't paid the taxes on.This was Frightening that i would purchase Something a Home only to find out it was Not a Home at All.ANYHOW , I WANTED TO GET BACK AND THANK YOU (though this seems alot of work for 1 home when looking at 100s-1000s to Analyse) Wish there were a More Accessable way for the public to match up these "Legal Land Descriptions" Rather then Feeling as if your "Bugging" an Agency for their info..Esp if for Several different properties.I will be Entering another Auction in a Week or so & (Although i will really need to narrow down my interests to use this method) I AGAIN AM GREATFUL FOR THE INFO & WANT TO THANK YOU SO MUCH, I LITERALLY COULD NOT FIND ANY, UP TO DATE,  LEGITIMATE RESOURCES,HOPEFULLY THIS WILL HELP NEXT TIME :)

I know there's some cons and restrictions to it, especially with working under an agency, but overall do you think it would help or just be a waste of time/money?

If it’s a long term rental you won’t need the commercial policy so you can likely use your current insurance agency to meet your needs.

However, we might suggest speaking with someone from one of the local real estate agencies for another perspective.

It's come time for me to sort out my insurance and I thought I could set it up on monthly payments and this might be a good way to help me start building a credit rating, but it seems that in general, insurance companies won't report to credit agencies unless it's negative. 

However, if you don't have agency agreement with the realtor, then you don't get the same service.You basically want someone to help you get all this info but you are not wiling to compensate them for it..