Skip to main content

Posts

How to initiate interest on a home that pops up on pre-foreclosure listing site?

TLDR: Saw a home on a foreclosure/auction site that I’m interested in, but there’s little information on the address. How might I initiate interest or get additional information on this home? — Looking for a bigger house and have been keeping an eye on a few foreclosure/short sale sites. Our prior agent showed us a short sale home when first buying and it turned out to be a great deal, but we were looking for something different at the time. Recently, a home has popped up on an auction/foreclosure site that is everything we’re looking for. But there’s no auction date, filing date, really any additional info. Google says there have been mentions of recent filings on this address likely relating to tax or foreclosure proceedings and this property is likely going to be for sale by owner (FSBO). How might I initiate interest or get additional information on this home? Would a real estate agent be able to learn more about the specific address and connect with the right people? Would ...
Post a Comment
Read more
Recent posts

I am one of the lucky ones, sold in 3 mos for 1m in rough market

I am blessed/lucky, whatever you call it. but i am stressed free..... Listed 1.2, sold for 1m. I purchased 650k in 2022 and 100k in upgrades. I needed for my sanity this house to move and it has been the only 1m+ house to sell in the entire market area with 26 1m + houses for sale. I am thankfull. it was such a stressor in my life and just like that, poof, I am free. I would have even taken 800k just to move it. never again. submitted by /u/Significant_Unit_312 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1pgfozi/i_am_one_of_the_lucky_ones_sold_in_3_mos_for_1m/
Post a Comment
Read more

Do you think listing in the new year will make a considerable difference?

My home was put on the market in october and its been very slow. Nothing in the area seems to be selling (it's not just me... just general economic uncertainty and a bad time of year I guess). I'm thinking of re-listing in the new year (end of Jan) after holidays. Do we think there will be an uptick of buyers in the new year? Are interest rates coming down? just trying to get a sense of general trends. Thanks! submitted by /u/Calm-Ad-3809 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1pgct6g/do_you_think_listing_in_the_new_year_will_make_a/
Post a Comment
Read more

Short sale, condo

I am in California, the North Bay Area. My home has been listed with no equity in a short sale, since September 15 or so. The mortgage company had me sign a short sale agreement. I got a realtor to list the condo before Rocket Mortgage said the short sale was okay, and she listed it at $275,000 based on her analysis. Then, more than a month later, Rocket said it had to be listed at full price, $295,000. We changed it for a month to that price and there are no buyers. My realtor couldn’t get anyone knowledgeable to speak with her at Rocket, and she lowered it to $255,000, since she says the condo is blacklisted by Fannie and Freddie and we need a cash buyer, due to the condo HOA’s noncompliance with balcony rules. I called to ask about other loss mitigation options yesterday. The rep at Rocket said that the short sale was denied in October. I have been calling them to let them know the status of the short sale since we started it, and no one said the “short sale was not approv...
Post a Comment
Read more

Seller would not extend one day

About two weeks before the closing on a home my lender advised me that they needed 3-4 extra days to process the funds deposited into my account from the sale of our home. We contacted our agent and explained it to them, the listing agent then stated that the sellers were refusing to extend the closing date, after numerous phone calls and emails we were told that one business day would suffice, and again they advised no extension. Both agents agreed to lower their commissions to make the deal work and again no extension. The title company reached out to the sellers to extend and again nothing.. Now I’m out 5k and living with my wife and kids at a relatives house until we either rent a home or find a new one to purchase. This is the second time now this home has been under contract made it to the last few days and not sold is there anything I can do? submitted by /u/Visual-Glass-5893 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1pfqem8/seller_wo...
Post a Comment
Read more

Distribution Line Behind Backyard

Neighbor behind a house I intend to buy has powerlines in their house. View is from the primary bedroom and backyard How does it impact resale value? https://imgur.com/a/oPCKOR7 submitted by /u/Prudent_Donut_2712 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1pfm176/distribution_line_behind_backyard/
Post a Comment
Read more

Am I overacting as a buyers agent??

I just submitted an offer for a home and I’m waiting to hear back from the listing agent. I’m a newer agent so maybe I’m overreacting but the listing agent contacted my clients lender to discuss if she can afford to increase her offer or not!!!! I have a right to be upset right? I would assume she has no business contacting a lender without either mine or my clients knowledge or consent. Especially to discuss her approval and potential increase. That’s nothing she should be involved in as a selling agent. I don’t not if I should address this or let it go? Also should I speak with the lender and ask why she relayed info pertaining my clients approval without her consent? Please give input! submitted by /u/Existing-One9021 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1pemmut/am_i_overacting_as_a_buyers_agent/
Post a Comment
Read more

Need legal help

Hey all, I very recently purchased a house and found out after closing there was a major issue and caught the seller in a big lie on the sellers disclosure (with physical evidence). Does anybody here know of a decent real estate lawyer in the Delaware/Chester county area of Pennsylvania who might work on contingency? submitted by /u/Meth_Cat [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1pdy8sw/need_legal_help/
Post a Comment
Read more

Looking a for ways to get lower monthly mortgage payment

We’re still in the process of looking for homes, but have found that if we go up $20-30,000 more they don’t need as much updating. I googled to see if anything popped up, and found an article that said you can by making a large payment to the principal. Would a lender take a smaller down payment on a conventional loan (let’s say $10,000), then let us pay $40,000 to the principal alone? Would that make much of a dent on a $275,000 house? Any other suggestions appreciated! submitted by /u/DriftingMoth [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1pdx02w/looking_a_for_ways_to_get_lower_monthly_mortgage/
Post a Comment
Read more

Is real estate still worth buying, or is it becoming the biggest money trap of this generation?

Some people swear real estate made them rich. Others say it ruined their finances for a decade. What’s the truth in 2025? Is buying property still worth it, or better to invest elsewhere? submitted by /u/Much-Marketing5973 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1pdvi9w/is_real_estate_still_worth_buying_or_is_it/
Post a Comment
Read more