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Can seller lower price after accepted offer?

I live in Iowa, I made an offer on a home and the seller accepted. I understand they can accept a back up offer considering mine was contingent on the sale of my home. We were well past the 48 hour right of refusal and the seller lowered the price of the home and accepted another offer. Is that allowed? submitted by /u/Joesbaldass [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1rjo2e7/can_seller_lower_price_after_accepted_offer/
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Homeowner in VA moving into fiancé’s house in MD—not becoming a landlord, but unclear where this puts me?

Couldn’t find the right flair. TIA ! TL;DR I own in one state, will live in his house in another soon. If I change my address to his, where does that put my house? Or do I not change my legal address? Still going to it multiple times a month, family living it in full-time (I am paying the mortgage, not landlord). I bought in VA in Oct 2024. I’ll do travel nursing in his area at least through Oct 2026 to be “in” my property for 2 years due to capital gains. Afterwards, I planned on finding a full-time position in MD. Both states have income taxes. That being said, he is a homeowner and I am a homeowner. Family will be living in my home until the end of 2027 for reasons. I didn’t plan on changing my address initially, but I probably should have my address where I am working to avoid income taxes double dipping? But if it’s not my primary… is it a vacation? I don’t know how this works at 30, I feel clueless and Google has not helped. I don’t trust AI. submitted by /u/cannotadul...

Confused About Choosing the Right Location for My Home – Heart Says One Thing, Budget Says Another

I’m planning to buy a house, but I’m honestly very confused about choosing the right location. Everywhere I visit feels good in some way. Some places are close to the city, some are peaceful, some have good future growth… but the locations I really love are way above my budget. Now I’m stuck between what I want and what I can realistically afford. Should I stretch my budget for a prime location? Or should I choose a slightly developing area that fits my budget and maybe grows in value later? I don’t want to regret this decision after 5–10 years. At the same time, I don’t want to put too much financial pressure on myself. Please give me some advise so i can buy a Home submitted by /u/Clear-Syrup-9861 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1risa7b/confused_about_choosing_the_right_location_for_my/

Any advice on convincing a seller that their expectations for their sale price aren't realistic?

Hi all, thanks for taking the time to read. My wife and I just came across a home that we're absolutely head over heels with. The issue is that the owners have it priced at $497k, which is nearly $75k over the next closest comp and allegedly have already turned down an offer of $450k. When I say closest comp there are three homes literally across the street with similar specs that have sold for $425k, $425k, and $430k. The home that sold for $430k is literally brand new and has tons of beautiful custom finishes. The other two are very similar designs, nearly identical square footage and condition. The seller is the daughter of the original owner and our understanding is this is an estate sale. Any advice for helping to message that we love the house, but we're not working to pay more than market value for it? submitted by /u/Zutes [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1riqobw/any_advice_on_convincing_a_seller_that_their/

Dehumidifiers in listing photos

I’m coming across basement photos with portable dehumidifiers clearly visible. Is this a red flag? Full disclosure? Or simply careless photography? submitted by /u/Ann_Margrock [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1riov26/dehumidifiers_in_listing_photos/

[CA] Can I sell my house after finalizing a divorce of a 1-month marriage without a Quitclaim?

Planning for a future sale in California and want to ensure my title is clear. • The Facts : I bought my house as a "Single Man" years before marriage. I was then married for only one month. • The Divorce : Finalized via Default Judgment (FL-180). I checked the box "No community assets or debts to be divided," but the house wasn't specifically listed. • The Issue : I do not have a Quitclaim Deed from my ex, and I haven't seen her since the divorce. Since the marriage was only a month long and the house was always in my name, will a CA title company typically let me sell normally or will they demand a signature from my ex? Trying to avoid a "Quiet Title" action for a 30-day marriage. Thanks! submitted by /u/DifferentSwordfish64 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1rinl1w/ca_can_i_sell_my_house_after_finalizing_a_divorce/

Spouse owns property through LLC (pre-marriage). I’m helping pay expenses but have no ownership. How can I protect myself?

My spouse co-owns a house through an LLC with their sibling. This was set up before we were married, mainly for estate planning purposes since their parents lived in the home. The house is fully paid off, but my spouse and their sibling have recently taken on primary financial responsibility for it. The issue is that my spouse can’t afford their share of the ongoing expenses (property taxes, insurance, utilities, maintenance, etc.) without my help. To make it work, I would need to contribute a significant amount toward their half of these costs. I’m uneasy about this because my name is not on the LLC, and I have no ownership interest in the property. Adding me to the LLC may trigger a reassessment and uncap property taxes, which could make the property much more expensive to hold. We’ve discussed that if something were to happen (e.g., death), they would leave their share to me. But that doesn’t really protect me in other scenarios, like divorce or changes to the operating agreemen...

Texas flipper and their agent lied about tankless water heater, square footage, and signed repair agreement. Now says selling at appraised price was their “concession.” Looking for advice.

I closed on a house in Texas last week and I feel as both the flipper and the agent have acted in bad faith in several instances. Now I may to have to pay several thousand dollars to fix an issue they agreed to fix in the repair amendment. First, the online listing stated the home had a tankless water heater. When I toured the home, I discovered that the home had a standard unit. I thought that it must have just been an oversight on the listing, but also thought it was weird that the brochure on the table said the home had a tankless water heater. I let it go. During inspection, we also discovered (among several other needed repairs such as a plumbing leak and a GFCI issue) that the electrical outlets were two-prong and the home and outlets were not grounded. We added the repairs, including grounding the outlets and home, as well as repairing the GCFI to function as intended, to the repair amendment. The sellers signed agreeing to complete these repairs before closing. Then the app...

Sell our house or rent it out?

Husband and I want to move some time in the next year. Not necessarily upgrade, but we want to move down to Florida to be closer to family as we will be trying to have kids soon. Our mortgage is completely paid off. The area we live in has gotten extremely popular over the past few years, our house's estimated value has almost doubled since we bought. We are divided about whether or not to sell. If we did, we could put a significant amount into the new place and if we didn't, we'd have to take out another mortgage and start all over, obviously. It just seems silly to let go of this house now when we could rent it out and probably sell for a lot more five or ten years down the line. But of course, no one can fully predict the future. On the other hand, even if we used a property management company, which we definitely would, the idea of being in a whole other state and being landlords makes me nervous. We have absolutely no experience with that sort of thing. I also don...