Hello Everyone, Nearly three years ago, My wife and I closed on our first home. Later we found some latent defects that we have proof that the Seller knew about, but did not disclose. We obtained an attorney through my Wife's union, but one day we called him to get an update on the next steps to submit the lawsuit, and he acted like her never knew us. "How did you get this number?" He just kept suggesting he send a letter to the seller with no real action plan behind it. Anyways... The out of pocket expense ended up being just about 10k out of pocket. The issue was a faulty sump pump that led to water entering the lower split foyer damaging the drywall, carpet dry rotted amongst other additional repairs. We found out that the Seller did not disclose that she had a major foundation repair due to a failed sump pump installation by a company which she later had to sue. She Won... The sump pump issue was never fixed, but the foundation repair was. We kept wondering why t...

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/

Hello, Real Estate job seekers! I am here to help you. Send me a message, and let’s connect!! submitted by /u/buildmeup_butternut [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1rjltmm/hello_real_estate_job_seekers/

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...

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/

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/

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/

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/

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...