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Would you buy a dream house if the land behind the backyard is zoned for a 5 storey 55+ condo?

The home and property check allllll the boxes. Beautiful well-kept, treed and fenced backyard on a pie-shaped lot. Large kitchen. Gas fireplace in the living room. 5 bedrooms, 4 baths. Mudroom. New hardwood and ceramic tile floors. Within budget. The only problem is the potential for a future 55+ condo overlooking the backyard. I believe the condo would be 40 feet from the property line. I estimate we would see 1, maybe 2 storeys above the trees. I believe this has decreased the price significantly. We would not be able to afford a home like this otherwise. Additional info: - We live in a cold climate where it’s only balcony weather 5 months of the year. - the condo would be to the north and not block any sun. - we currently live in a duplex. The neighbours keep 6 mini poodles on the other side of the shared wall, and there’s a loud concrete factory across the street. We are used to a lot of noise, so I think we could handle construction noise. submitted by /u/s-aman...
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Seller completely shut us down, no counter. Anyone have this happen to them?

Saw a house twice. We waited a week to offer on it as my husband had surgery and I wanted to wait until he wasn’t loopy to make an offer. Listing says motivated sellers…the seller is an older woman and her mother. I think it was intended as their forever home but her mom could not get up stairs anymore. They’ve already moved from the home so it’s vacant/empty. Been on the market 3 months…again, they made a huge deal about how “‘motivated” they are and the seller is literally begging people on fb to share it and that she needs help to sell. Offered right at 10% below asking which my realtor thought seemed decently reasonable. He even told me they seemed highly negotiable before we put it in. They rejected with no counter. We verbally offered up to 5% below and they still rejected with no counter. It’s obvious they do not even want to attempt to negotiate or speak with us, they are very short and have said both times “good luck” I am left baffled. Obviously there’s not anything we ca...

Florida, California, and Texas remain the most popular states for foreign buyers, with 47% of these international transactions nationwide being all-cash deals.

And the other buyers are private equity groups like Blackrock. Top 5 States for Foreign Homebuyers—Where Nearly 50% Are Paying Cash for Homes submitted by /u/Minute-Intern-682 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1viqfec/florida_california_and_texas_remain_the_most/

Is the realtor supposed to be at showings?

I reside in a three-story house with a basement and an attic apartment that have been remodeled. The main floor, however, remains in disrepair and it’s not in the pictures of the house that’s up for sale. Two weeks ago, my landlord cousin informed my uncle that the property was up for sale unexpectedly. It was strange that she didn’t even mention it to me since I’m the one paying the rent. I’ve been complaining about numerous maintenance issues in the past six months. It appears that the landlord is reluctant to address these problems, as it took him an eternity to fix the hole in the wall caused by burst pipes in December. My landlord cousin, who is also a handyman, finally fixed it. She mentioned that the property has plumbing issues and that the pipes keep breaking during the winter, the owner, her cousin is too cheap. Now, all of a sudden, the property is up for sale. A few days after the property listing went live, the realtor had contacted me because the landlord cousin gave out...

Experiences with Point (HEI)?

Hello. I’ve been having issues selling my home as it is owner occupied, and I was looking into options to tap into my equity in order to move into a new home, leaving the one for sale vacant (+ making minor repairs). I’ve been looking into a HEI through Point. “ Point's Home Equity Investment (HEI) provides homeowners a lump sum of cash (typically $30,000 to $600,000) in exchange for a share of future home appreciation. It features zero monthly payments for up to 30 years, no income requirements, and accepts credit scores as low as 500” According to their calcs, if I were to borrow $40,000 of equity, as long as I sell my home within the year, at around the price of my current home value, my total repayment would be $47,590. This repayment remains $47,590 even if I sell it for a bit more. However, if the home did not sell and it were to take say, 3 years, I would owe north of $70k. Is there more to this? Does anyone have experience working with Point… Worth the risk if I am looki...

Reasons for a house to go pending/contingent multiple times without selling?

There’s a house we’re interested in that has gone pending/contingent multiple times within the past year. It has never actually sold and each time it’s listed it’s about $50k less each time. Judging by the pics it doesn’t look bad and based on area it should be selling for more than what it’s listed for. Before we go and start anything with the house what are some reason people have run into houses not going through with the sale? submitted by /u/Admirable-Bee-4708 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1vi65bg/reasons_for_a_house_to_go_pendingcontingent/

when should we list our condo?

We live in Eastern Massachusetts (coastal town) and just bought a new home that we're moving into towards the end of August. Our agent is suggesting that we wait to list our condo (2b,2b) until after Sept 1, with an open house on Labor Day weekend. She says that the last weekend of the summer is always a bad time for open houses, while people who are looking will come to an open house on Labor Day weekend. We trust her expertise in the local market, but it just makes us a little nervous, because we thought holiday weekends were generally considered a bad time to list. What do you all think? submitted by /u/dagaetch [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1vi481h/when_should_we_list_our_condo/

Spec Homes

For those of you who go with a spec home, vs a custom, what are the reasons? Also same thing for those who go custom. Thanks. submitted by /u/Witty-Atmosphere-211 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1vhdz4w/spec_homes/

Septic Tank Issues 3 Years After Purchase - Inspection was Incorrect

We are in Oregon and bought our house in 2023. it’s an older house (~90 years), on an acre within city limits, and has a well and septic. We love it and want to make this our forever home. When buying, there were a lot of issues identified on inspection. New roof was need, foundation needed shoring up, etc. It’s an old house that could have been maintained better for sure. We got bids for all the proposed work and used those to receive credit at purchase. The DEQ septic inspection was done by a local company that still provides septic services in our area. It said our collection tank was 500 gallons, made of concrete, cracks were forming, and it should be monitored for replacement. The inspection did not include the distribution box or drain field. This was acceptable to us and we did not seek credit or a price reduction for the septic system. Fast forward to this week and we had out septic pumped for the first time for preventative maintenance. The technican opened the lid, which w...