Dear Edith: We're first time homebuyers looking into buying a foreclosed house. We've been working with a Realtor who has been sending us listings, taking us on tours, etc. We've never talked about fees. Who pays him and when (especially if we do buy the bank-owned home)? — G.O.

Answer: Real estate brokers are traditionally paid at the closing, on the day you become the new owners. They're usually paid by the seller (yes, even if it's a bank). If you signed a written contract spe ...

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