Loving my new house, not loving the problems we’ve uncovered. Knew there would be some but we’ve found the addition to/expansion of kitchen has no foundation support underneath. It’s in need of stabilizing. We had a home inspector note some minor cracks that needed retucking, and another inspector noted nothing. Well it has taken me two months to manually move a ton of debris, broken up concrete, bricks, construction materials out from under the deck to even be able to get to a piece of wooden lattice screwed up and blocked with concrete blocks (probably to keep animals out?) to get to the portion of addition which is under the kitchen. The foundation guy says the side wall of house has foundation, but not the back wall of kitchen that leads up to deck has no stabilization. They put bricks and concrete up to look like a wall but he said you could actually push it down now it’s not doing anything. And that what is supporting it is set on just dirt, not concrete so it already has sunk ...

I'm buying a house in the Atlanta, GA area and we're supposed to close on 9/30. We're already past the due diligence period, and I've run into an issue with the backyard deck. The house has an elevated ~250 sq ft deck that was just renovated within the past month. The seller says they only replaced deteriorated foot boards and painted the deck, and that they didn't do any structural work or expand the deck so they didn't need a permit. The problem is, it looks like the joists and possibly other structural components were replaced, which from what I can find means it did. As part of the sale agreement, the seller has included cash for repairs to the deck from the inspection, which includes replacing the main posts. That raises another question: if structural repairs need to be done, shouldn't the appropriate permit be pulled as part of it and included in the bid? I have since had two carpenters examine the deck, and both said that not only would the suggest...

I’m a single female in my 30s and I wanted to see an open house because I want to know what to look for when buying my own home. I have never owned a home and I only had an apartment for a little bit. I live at home with my parents and I have no idea how any of the home buying process works. Or what to look for. I’m trying to do adult activities instead of sitting at home all day. I saw a big single family house. It had like 5 bedrooms. It was old but kind of nice. I spoke to the realtor and pretended to have a fiance and that we were looking to live somewhere between his family and my family. The realtor asks why my parents couldn’t come. Then to possibly come next time with my fiancé to see it together. Omg I felt like he knew I was lying and I was so embarrassed submitted by /u/briogeosucks [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1wkzakq/i_just_went_to_an_open_house_because_i_was_bored/

relative of mine wants to get into real estate and think it’s easy to get licensed. how does that work? submitted by /u/rosewoodlliars [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1wkslt4/is_real_estate_a_good_part_time_job_for_someone/

We have moved closing twice now because of our buyers having lender issues. First time we were told the lender was moving to slow so the manager took over. Now we were set to close on Friday packed everything up pulled kids from school only to be told that morning the buyers didn’t meet a condition to clear. The buyers need 3 months reserve and don’t have it. So they asked a family member. She sent the lender a letter stating she was sending money to our buyers and is pulling from her 401k to do so. They are telling us the money will come in next week and want us to extend to 9/30 we said they have until 9/25 and we will re evaluate. We are paying all closing costs already. And we need the profits from this house to get into our new home. Does stuff like this happen or do we just have bad luck? submitted by /u/telsonnelson [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1wkn7qo/buyers_having_trouble/

The HOA for the small townhouse community that I live in is managed by a propery management group called "Homeside Properties." I'm struggling to understand if this is even a legitimate company. They take $200/month from my account yet they are impossible to reach by phone and never respond to any emails. Even stranger, their yelp page has 1.3 stars which matches my experience with them, but their google reviews have 1500+ 5 star glowing reviews that sound mostly AI generated mixed among what seem to be legitimate 1 star reviews Has anyone worked with this company? Are they actually a legitimate company? submitted by /u/Tiaan [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1wklxea/is_this_a_legitimate_property_management_company/

When I have time, I plan to look over the proposal; I am not a lawyer, but figure I can bump through it well enough. Can anyone give me feedback on any pitfalls to look for? I'm concerned about who has to maintain the area, any possible easements, and potentially any loss of walking paths that are in the area they are proposing. I know the location is near a major intersection on the edge of the neighborhood, and the area is just desert with desert plants; it shouldn't be near any actual homes, from my understanding. Edit: Both options are literally within a stone's throw from houses, but on the complete other side of the neighborhood from me. I assume that those homes will be full NIMBY on this as it'll be an eyesore. 2nd edit: Lease terms are interesting; one is 50-year term with $1,000/month rent and 1.5% annual escalator. The other is a lump sum buyout at $175K for a 99 year easement. submitted by /u/Butt_stuff_preferred [link] [comments] ...

As the post says, I finished my basement (VERY high quality) cabinets, wet bar, recessed lights, studded, drywalled, and insulated including ceiling. Added 4th bedroom 100% to code with smoke detector, closet, and egress. Problem is I opted not to pull any permits (my fault). I have zero concerns for the basement meeting code and passing inspections but I am wondering how concerning this is for a potential buyer when they find out there was no city permit. Can I still realistically list the house inclusive of the added bedroom or is this going to be a major problem? Thoughts, concerns, recommendations? submitted by /u/CharacterPianist1673 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1wjv86e/finished_basement_and_added_bedroom_with_no_permit/

Wife and I bought our first home about 3 months ago. It was an unusual sale. We bought from her grandfather and didn’t use a realtor. We had the home appraised through the mortgage lender for 550k and he sold it to us for 450k such that we didn’t need a down payment and gained some instant equity. I won’t go into all the details, but there are reasons he gave us a discount. For example, all of his stuff is still in our unfinished basement. I would’ve never bought this house had he not given us a solid deal. I’ve always been a neurotic and anxious perfectionist type. I am unhappy because I am constantly stressing and ruminating over what this home’s value is truly worth. For example a Zestimate just released for the first time and is showing $444k and it totally killed me inside to see that. The way we came to 550k feels silly and largely made up. I feel like we may have been played by our mortgage broker. We liked the home and were excited and eager. I learned a lot through the proce...