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Need Advice - buying house without realtor

I have found a house in Ontario on my own, without a realtor and contacted buyer's realtor for the showing. I already had a house inspector looking at the house. Now I'm interested to put up an offer, wondering if the fact that I'm going without my own realtor is saving me money any way. Should I offer buyer's realtor to represent me as well (yes it is legal here) and since he is earning double the commission, I ask him for a cashback? Or do I hire my own agent if that is somehow beneficial to me? Grateful for advise. submitted by /u/Miyorio [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1kbbhmu/need_advice_buying_house_without_realtor/
Recent posts

Who would be held liable for damages in the event of a retaining wall failure between 2 properties in California?

Our house shares a relatively small retaining wall with the neighbor's property along our driveway. At the sidewalk where it starts, the wall is level with the ground then increases in height to about 4-5' at its tallest down our sloped driveway. The neighbor's house is roughly 6-7' away from the edge of the wall and sits higher than our house. There's a section in the middle of the wall that has been cracked for ages and juts out about 1.5". I'm concerned it might be getting worse and want to have it inspected and hopefully repaired (if possible). From what I've researched, it appears ownership of the wall should be split between both property owners. Here's my concern, let's say it rains really hard and the wall fails. Our side would likely only be left with concrete and dirt to clean up without any major damage. However, the neighbor's home could be structurally in danger. Is there a chance they could try to come after us for those da...

Size vs privacy? (smaller semi-detached vs larger row home)

I've never lived in either kind of home, so I'm looking to those with more experience. I've found a neighborhood I like, where there are homes I like that I can afford. However, I'm unclear which would work better, given my lack of experience in these circumstances. It's essentially the trade-off between privacy and size. I'm seeing a semi-detached I really like, but it's small-ish. C. 1900 sq ft. 3BR/3BA (we might change to 2.5BA to have room to open-plan the kitchen and move the washing machine out of the kitchen into the ground floor bathroom). Has its own driveway, but no garage or basement. Small yard (back and side, contiguous). Good build quality. A corner row-home. Virtually the same 3BR/2.5BA layout and floor plans as the above, but tiny backyard patio that does not feel private at all. But it has a large basement and 2-vehicle underground garage with a shared driveway/ramp. 6% cheaper than the semi-detached. Slightly better location (10 vs 2...

Selling and our first deal fell through because of a cut appraisal.

Hi, I just want to know what recourse I have here. We were under contract with a seller, and the appraisal came back at 205k when we were listed at 229k. The sellers walked - I don’t blame them. The problem is the appraiser didn’t account for ANY improvements we made. My realtor said in the report that they said the only improvements made were interior paint. So we gathered receipts of all the improvements we made - new front door, new windows, exterior paint, new AC unit, new water heater. Totaling to 18k. The comps the appraiser pulled were 3bed, 1.5 bath ranches. Our house is a 5 bed, 2.5 bath two-story. Because of this appraisal, they walked, we lost the sale. Ended up accepting an offer for 222k (previous was at asking), and having to pay another month of a mortgage I should’ve been free of. I am upset and frustrated. Grateful we are in a new deal at all though. My realtor has been fighting the appraisal, but I didn’t know if there was anything else I could do. Edit - thank...

Remodel 3rd bedroom into master bath and walk in closet?

We are thinking of buying a 1075sft house. It's a split level like many around here and right now it is 1 full bathroom upstairs by the 3 bedrooms (one of which is more office sized). The other full bathroom is just down stairs. Was thinking of taking the office and turning it into a master bath/walk in closet for one bedroom. Then taking the downstairs bath out and widening the second living space there. how much would this help or hurt our property value? submitted by /u/PizzaTacoCat312 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1k9sxtg/remodel_3rd_bedroom_into_master_bath_and_walk_in/

Elderly neighbor passed away, home went to HUD, other neighbor took down fence?

Basically title, my elderly Italian neighbor passed away, or at least I am sure of it. We never see her anymore, and her home was listed for sale briefly, before we saw the "THIS HOME IS MANAGED BY XYZ COMPANY, IT HAS BEEN WINTIRIZED, ANY THING RELATED TO SALES, PLEASE VISIT HUD HOME STORE.GOV" paper Now I see some painters, her furniture now removed, and doors and windows replaced. Does the government really renovate home internally like that? I was hoping to get a good deal out of it. The 2nd concern I have, her sleezy neighbor was not the best of people. She used to complain on how he cut her camera lines because he didn't like that they were pointing on his property (I live in an extremely tight suburban area, any camera in any direction sees your neighbor) That neighbor has taken down the fence between him and my elderly Italian neighbor, it's petty, but he's been utilizing the space. If I decide to pickup the home (which I intend to do, I like the pro...

Find who rents a property?

For context, my boyfriend has been cheating on me but I don’t know the name of the girl and he doesn’t know I know about it. We’re in a long distance relationship, I will confront him very soon but need more proof. One of his close friends sent me his location and he was at someone house I’m not familiar with, I’ve checked the past owners but nobody I could find information about or anyone that has a last name that’s one of his friends, I believe the house is rented and I would like to know if I can find a way to check who the renters are? submitted by /u/Good_Bumblebee5422 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1k9r9o9/find_who_rents_a_property/

If I gift a home to my GF (not married), does she need to pay taxes? Is there a way to avoid transfer taxes?

I'm moving out, but gifting the home to my GF. I want to do this - don't ask. The house is worth ~100K. No taxes owed. Also anything else I need to consider real estate law wise? What if I list the sale price of $1? submitted by /u/flaming_pope [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1k908sx/if_i_gift_a_home_to_my_gf_not_married_does_she/

I just inherited a beautiful shit-show.

I wanted to share a story that’s been equal parts emotional and overwhelming. My great-uncle was one of those larger-than-life people you just never forget. He never married or had kids, but he always treated me like family in a way that really mattered. He was sharp as hell, a bit of a ladies’ man even well into his older years, and had this way of living that made everything feel like an adventure. We all loved him. We always knew he owned some land — it would come up in stories here and there — but we had no real idea of the scope until after he passed. Turns out, he left me nearly 20,000 acres spread across the western U.S. Not one big property either — dozens of parcels, all different sizes, scattered across several states. Some of it has old structures, some is just raw wilderness. Some pieces are beautiful… others, I’m told, might just be tumbleweeds and headaches. I’m incredibly grateful, but also trying to stay realistic. There’s a lot to figure out: taxes, maintenance, p...

How can I capitalize in this situation?

Hey everyone, I’m helping a woman who was evicted while hospitalized find a place to stay urgently. I could also really use some extra cash to fix my car. Is it possible to earn a finder’s fee for connecting her with a landlord? Should I be upfront about wanting one, or is that not common? Any advice from people with rental or real estate experience would be hugely appreciated. Thanks in advance! submitted by /u/Special-Bother-2842 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1k8a692/how_can_i_capitalize_in_this_situation/