No withholding is necessary if the buyer signs the affidavit described earlier;If the buyer cannot sign the affidavit there is a 15% withholding on the gross sale price for purchases under $300,000;If the purchase price is between $300,000 and $999,999 the withholding rate is 10% of the gross price if the buyer signs the same affidavit as the one described above.

Andrea there are a few ways of looking at this... some will tell you the other is a glorified lead source that you are paying 50% profits to.. i view it more as if you dont have other deals going on that make you more then the 50% you are going to make working leads provided then you are in a great spot. if you have a job working for someone else you already trade your time for money... so why not do it when it is something more lucrative.      

Hope this helps give another view of the possibilities.

I will be flying out this week to view the house.

However, note that if both the failure-to-file penalty and the failure-to-pay penalty described above apply in any month or part of a month, the maximum amount charged for these two penalties for that month or part of a month is 5%.Example 3.  

A full background check before just viewing the property, no, we don't. 

1) Yes, a good lender researches your job history, and it needs to be stated on the loan application2) There is nothing wrong with putting in an offer sight unseen, as long as you make it contingent on viewing during the inspection period. 

Hopefully your Realtor can help you get a better idea of the actual value after you get a chance to view it. 

All depends on your point of view.

It is always best to view it from a few different angles.