Dream home is available- location and neighborhood, pool, layout. Everything we want. It was custom built in 2005. It’s a VERY specific taste. European inspired. Sitting on the market for over 3 months now. No offers. Listed at $910k, seems fair with comps. Reduced $70k one month ago. We just did a walk through and found an area of mold in the basement. It was left from the original owners so who knows how much damage it has done, potentially 6-21 years untreated. What would an offer be that would potentially include mold remediation? Or would you just walk away? submitted by /u/GlitterBombBomb [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1v1rmum/starting_reasonable_offer_to_not_offend_seller_or/

I've been doing a ton of research on homes in the greater Boston area, and have come to understand that appraisers mostly base pricing on comps (i.e. sq footage, bedrooms, bathroom count) and not on build quality. It's no secret that the vast majority of new construction homes these days are built by speculative flippers or large tract builders like D.R. Horton. What I don't understand is how a high quality, 1930s colonial built by experienced craftsmen and can objectively last for 200-300 years, is priced the exact same as a millennial gray, OSB-sheathed, quartz counter-topped new construction of the same square footage that has an expiration date of ~50 years. I've been looking at some new constructions and flips in my area, and I've noticed many of these getting relatively few views and sitting on the market. Whereas 1900s colonials with tons of character but priced roughly the same are getting 150+ saves on zillow. Is it possible that there's a shift occurr...

Okay I’m going to try and make this as short and simple as possible. I need advice really bad. I’ve been looking for a home for ~ 6 months now. It has to be VERY specific because I have 2 businesses I run from home (one dealing with horses and one dealing with dogs). So it’s been hard to find something comfortably in my budget, and also laid out right without needing a TON of adjustments to make it work. Found said house a week ago. Toured it twice. It’s been on the market 37 days, has 79 saves on Zillow. Starting price was VRM $275,000 - $295,000. They dropped the price to $265,000 on July 1st. They have had one couple that toured it twice, but never made an offer. My realtor thinks that’s it. Here are my issues. The layout is almost perfect. It’s on 6.5 acres of ~mostly cleared land. Already all fenced in. I wouldn’t have to do hardly anything to make it workable for my businesses. Some quick notes about the house and at the end I’ll give my hold up. - Built in 1962. Purchased by ...

Hi all, My (28) gf (26) and I are getting engaged very shortly and will be looking for a home. We would like to buy a home that can last us 20 years or so, if possible. We currently have a combine salary of 160,000-170,000 USD. I also have around 100,000 in savings set aside for a house and kids and my gf received a trust via family will of around 500,000 USD. Considering all of this, I want to believe we can put down enough to get a house that will last us a while, but I have not done tons of research quite yet if I’m being honest. I wanted to see what people’s thoughts were for an appropriate price range. We live in a relatively expensive US city, as well. submitted by /u/greenj57 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1v0rdgb/please_help_me_assess_what_price_range_we_should/

A bunch of folks build cabins on a lake (I presume with permission), and a new owner can just kick them out. https://www.texasmonthly.com/culture/cast-out-of-eden-lake-diversion/ Do folks think that they can just put cabins on land that they don't own, and not worry about the owner changing the policy? submitted by /u/swampwiz [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1v0jall/how_does_something_like_this_happen/

So my husband and I are selling our home through a brokerage because we did not get great equity on the house. My brokerage posted all pictures on MLS and I did edit some of the pictures that were professionally taken because we changed the wall color and lights to be more appealing. Every other detail in the photo is the same. It does make a big difference. The issue is, on Zillow only, when you click on the pictures individually, it reverts back to unedited version. My broker who loaded them on MLS does not seem to know what to do so in my research, it said to scrub the metadata which I bought a subscription to a website that does it and did this. She uploaded and it's still doing this. Does anyone have experience in what is happening here and is this something my brokerage should know/be solving? Considering dropping and paying the money for a real estate agent but unsure if they would know either. Would appreciate any help very much. submitted by /u/Denial_Ente...

I used to live in Southern California and my tiny little house about 30 miles from this location was only 890 sq ft single family residence. Property taxes for it right now are somewhere in the ballpark of $7,000/year with a property value of around $700,000. https://www.redfin.com/CA/Escondido/360-E-Washington-Ave-92025/home/3952583 The property linked is an apartment complex worth approx $6mil but the property tax is only $1,938??? If you look back at the listed price for 2019, that's the only one that seems more accurate at $70,060 for the year. How is it that the property tax for homeowners is around 1% where as based on this $1,928 for $6mil is .03%? Is there some special tax break that apartments get? submitted by /u/getonurkneesnbeg [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1v04wtx/how_is_this_possible/

Location: Colorado Hi y’all, Looking for some advice. We live next to a rental and the fence between us is falling down. There are holes in which our cat has escaped to their yard and the renters dog regularly pokes his head into our yard, which worries us as we also have a dog. The fence is on the property line. The landlord responded to the estimate from our contractor that he has been on medical leave for three months, does not know when he will return to work, unfortunately cannot afford a new fence and simply wants to fix it. We have yet to respond. While I really want to believe him and feel for him, I also looked up his record. He’s a real estate broker and houses.com tells me was a seller for a 600k home, and a buyer $1.4 million in homes this year, and two of those sales were in June. He also owns three houses in my town. We recently redid the fence on the other side which was in a better condition than this one, and the posts were all rotted and had to be replaced. I’m w...

We have a guest bedroom and are wondering if we should stage a single bed inside, two beds inside, or even a crib, to hint that it's a baby or kid's room. I see SO many listings with cribs! Thoughts? submitted by /u/SitaBird [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1uz8dhv/is_it_important_to_stage_a_kidsbaby_room/