It’s a designated monument and a contributor to a historic district with a very stringent design review board. Every repair would have to be approved by the city and the district board. Adu law is strong in my state, but the board can make me build in historical style, not visible from the street, and 750 square feet max. It’s also in a hillside zone, which triggers really expensive foundations compared to flat land. It is filled in to look flat though, and has been that way for a century. There’s small 1910 barn that has a permit on file, but the house itself is too old to have an original permit on file. It needs: 750k in “conforming” work done to it in order to max out its value at 900k. Even getting it habitable would be a tall order. It has a 6 foot tall brick foundation with almost no mortar left in the joints. One of the corbeled chimney tops is about to roll off the tall and very steep roof. A specialized historic mason will have to do all of that. Much of the 30 windows and...

I finally got my house under contract after 9 grueling months due to my agent overpricing it, being on a busy road, and having a narrow driveway that backs into traffic. I was so excited, even though it seemed I might have to move into a short term rental since, as luck would have it, nothing was available that I wanted. Every house I hoped for went under contract while my house was on the market. Oh well, at least I was finally selling mine. Then, I found out on inspection that I had 26K worth of foundation work + 8400 in other items, totaling about 35K in repairs to my house. It has to be done, sucks big time,but I accepted it. I found a great house at the final hour, and got it under contract, contingent on the sale of my home. All was moving forward, till I found out that the foundation contractor, doing work on my house, had a set back and wouldn’t be finished with necessary work for two weeks after my closing date. My agent seemed upset, and indicated this put me in a position...

My parents want to sell me and my husband my childhood home. We would move to MI from Denver. They are wanting to gift us equity as much as a 20% down payment so that we wouldn’t deal with PMI. The only problem is our current lease in Denver is not up until end of March and my parents new place is ready by end of Sept so they want us to purchase in October, as they basically want the sell of their old house to go towards the new house. I know I need to ask our landlord about options of breaking our lease early but I’m worried we will be told we cannot break the lease and will be essentially paying for two places for 5 months. I know my parents are doing a solid by doing this sell so that we are not using any realtors and gifting a down payment/equity but I feel like my husband and I are potentially going to be broke for a year if this is all how it works out. I need to breach closing costs, doing inspections of the house, but really want to avoid double rent and I don’t know how we ...

Listen I realize my title is a bit melodramatic because at the end of the day this is just one person’s experience, but if you read other accounts in this sub you will certainly find a pattern. And I want to be clear that I don’t believe the “scam” involves the service fee, because that’s very clear upon initial offer. Predatory and targeted toward desperate folks? Perhaps. But not a scam. Here is how they get you after acceptance of the initial offer… Repair addendum This is the most well-documented aspect in this sub. Language in the due diligence inspection report will be taken out of context, exaggerated, or otherwise used to diminish the offer without transparency. It does not matter if you disclosed and photographed the issues when you created your home’s profile on the app (which should be accounted for in the initial offer). They will not provide an itemized list of repairs deemed necessary or how much they estimate the cost to be. It’s just a number. Through great effort (se...

Can we start a petition for all listings on Zillow, Realtor, etc to include a floor plan? My husband and I are the early-ish stages of house hunting for our next home for our of family of 5. Layout is one of the most important factors in if a home will work for us or not- even more than square footage. I don’t want to waste anyone’s time by looking at houses that aren’t functional for us. Why isn’t this the norm? submitted by /u/Frosty-Cricket5911 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1umdr78/floor_plans_please/

Hi everyone, I am trying to find production builder floor plans similar to the Perry Homes 4994W and Britton Homes 656A. We are mainly looking in Collin County or very close nearby areas. Prosper, McKinney, Celina, Allen, Frisco, Melissa, and nearby communities would all be relevant. The main things I am looking for are a large open layout, strong kitchen design, large family room, good bedroom placement, and a floor plan that has a similar overall feel to those 2 plans. Does anyone know of other builders with comparable plans in or near Collin County? Also, for those familiar with production builders, do builders usually bring certain plans into future communities, or are plans typically locked to specific communities and lot sizes? I am mainly trying to understand whether I should keep waiting for these specific plans to appear in the right area, or whether there are similar options from other builders that I may be missing. Thank you so much for your help in advance! s...

Our house is currently on the market and has had many showing requests which have been great! However; I work from home, have two kids, and 3 large dogs. Getting everyone out of the house and staying gone is no easy task. I would say 8/10 of the last showings have been late or 2 with no shows completely. And by late, I’m talking 15-30+ minutes late. If not for my ring camera, I would have gone home and been sitting unprepared when they finally show up thinking they have already came and went! I have had to reach out my agent for him to reach out to them to confirm they are still coming. Not one of them have reached out first to communicate running late or cancelled showing. This can’t be normal? Buyers agents need to be more considerate of seller’s time. Thank you for coming to my rant and staying the entire time. Editing to say that they are scheduling a time block for 15-30 min. When I say they are late, I mean late past the time block. Just now, showing was scheduled at 12-12:30...

I know you are NEVER supposed to take out a lot of debt before starting loan process and closing. What effect would paying OFF a ton of debt have? I bought new land with a short term note $85k to start build process. We are in underwriting for our construction to home single close loan right now. Oir old house is on market and just recieved offer that will cover old homes mortgage AND the new land short term note. Will closing those accounts tank my credit rating and screw up my new construction to close mortgage? Or since it's all real estate, no big deal? EDIT: We already have cash reserves for move, etc. Only other debt is car note at 4.75%. Have zero balance credit card too. The offer is CASH on old house so quick close. submitted by /u/Margali2 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1ulr1qf/paying_off_at_lot_of_debt_before_close/

My circumstances changed and so I backed out of a lease. I told him before my move in date, and he was able to rerent the place starting a few days later. I have offered to pay those days, but he is insisting on keeping my full security deposit. I talked to a real estate attorney, who said legally he can’t “double dip”, which he is doing. He just moved out so he can’t really say he could have rented it earlier. My option at this point is small claims. Is it worth it? I believe I have all the evidence in my favor and it is not a small amount of money, close to $3k. There is nothing in the lease that he can keep the security deposit as an inconvenience fee, I feel bad for backing out, but he was able to rerent it almost immediately so I don’t feel he should keep my money. Any thoughts? submitted by /u/PerfectConstant1120 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1uk31d2/backed_out_of_a_lease_place_was_rerented/