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Is my realtor unprofessional or worse? CA

My dad owns a house that was my mother's parents house. He is too old to deal with it. The last renters moved out and we decided to sell it. My sister and I are helping my dad. My sister retained a realtor that she knows, and my dad signed a contract with her. The first thing the realtor did was get inspections and write up disclosures. We had not even gone over ourselves to clean up and look at the property (it is in another town). Similar houses in the area are priced in the $630,000s. It is a 55 and older community in a HCOL area. We planned to put it on the market at $595,000, as it needs a roof and gutters. She told us she had an offer for $525,000. We laughed and said, "no." We were there with a contractor seeing what we wanted to fix or update (it has not been listed yet), and she called with a new plea of how low we can go. We said $575,000. She said $550,000. So we said $562,000 split the difference. She said her guy was firm at $550,000. Both my sister and I ...
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Looking for advice, buy or rent for another year?

Hoping to keep this short but I want to add some details for targeted advice. Currently renting after divorce forced a short sale 2 years ago. I spent the last year paying off almost all my debt, and have $30k saved for a downpayment on a home. My ex wife managed to get an FHA loan through some loopholes and the loan officer is trying to get me through for an FHA loan based on the same loopholes. If not I do still have SOME form of VA eligibility left although its a lot worse due to the short sale (max $285k and must put 5% down, plus funding fee is higher due to having bought 4 previous homes through VA). I have 2 kids (9 and 7), and am looking at homes below $350k but really want to be around $330k. Here is a breakdown of my financials: Income: 122k Debt: $250 child support and $250 student loans Current rent: $1750 Current savings per month: $1500 So I'm saving $1500 a month, and I also have side work that pays me UP TO $2000 a month, but I don't want to rely on it becaus...

Is asking 10% under asking price bad - new build

I found a home I love, by chance. New home build on the "quick move-in" list. Price was roughly $400k, sqft is a bit smaller than others in the build community, around 1800 single level (others are around 2200-2500, selling $450-$500k). Hasn't sold in 3 months. They've lowered to $360k. Comps are roughly shy of $340k and they're practically begging for an offer. I want to ask 10% under current asking, which would be ~$325k. The lot size is a bit smaller than the others, 35 rather than 40. For a single person or new family it's perfect and would appreciate well. Would I be silly to offer this? I mean, worst they say is no and counter, right? submitted by /u/knottycams [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1wlxokb/is_asking_10_under_asking_price_bad_new_build/

No foundation, no permits

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 ...

Found out recent deck renovation on a home purchase was unpermitted shortly before closing — what are my options?

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 just went to an open house because I was bored

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/

Buyers having trouble

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/

Is this a legitimate property management company (Homeside Properties)?

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/