Hi, I’m a 23M who is making roughly 150k a year after taxes I bring around $9500 a month I save $1500 a month and can pick up over time really easy and I’m looking to purchase my first home. Location: Twin Cities No debt/Car payment I have 35k Saved atm I have a dual Source of Income My main coming from my job paying 120k a year and 25k from a VA Disability Rate. I want to utilize my VA Home loan. Edit: Looking for a home in the 350k-500k Range submitted by /u/Shmeat-L [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1tqazud/first_time_trying_to_buy_a_home_i_make_150k_on/

Looking to b͏uy in the NoVA area and I'm confused about how buyer agent commissions work now. Went to talk to a couple agents and they both told me 2.5% is standard and handed me an agreement to si͏gn before I could even see a house. Talked to a friend who bought recently and he said he negotiated his down but wouldn't tell me to what. Helpful. Lol. I've been googling around and there seem to be some rebate brokerages outthere like Red͏fin, Pr͏evu, Gl͏ass Ho͏use Re͏al Est͏ate, Id͏eal Ag͏ent etc... but I really don't get the difference between getting a good deal and getting a worse agent. Like does paying less actually mean less service or is 2.5% just what the big guys charge because they can? Seems to be that way. Like you're paying more because they have higher costs being part of a bigger brand? Has anyone here used a rebate brokerage or negotiated their rate down? How'd it go? Trying to figure out if I should just sign the 2.5% agreement or push back. ...

For context, it’s a 1950’s home in a competitive Northeast market. Renovations include: *Converting an outdoor porch into formal dining room (modification of non-load bearing walls only) *Add-on Bathroom *Full kitchen renovation *New washer/dryer mudroom All renovations were completed to code and done by licensed contractors but no permits were pulled. Personally, I’m not concerned with the quality of work but I worry that the lack of permits could create issues down the road should I choose to finish the basement or do add-on renovations. I also worry about the impact on re-sale value. My realtor says that unpermitted work generally goes unseen after a decade, I don’t know if this is true or not. The renovations were completed in recent years. Would love any insight as this is my first home purchase. Thank you! submitted by /u/Silent-Ask617 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1tpiy8q/sellers_notified_me_of_unpermitted_r...

History: Back in Oct, we found a house that we liked in LA and went through inspections and disclosures to realize the seller had not pulled any permits for an extensive remodel and sqft addition. We went through multiple rounds of Request for Repairs all contingent on the fact that they get a CofO. Previous post: https://www.reddit.com/r/RealEstate/comments/1of7jv8/deciding_to_pull_out_of_escrow_to_purchase/ Progress: Given that we were entering a period of home purchase dormancy and the economy was shaky, we decided to grant them an extension to go pursue permits. They filed with LADBS for a grading permit in Dec 2025 and then started the long zoning plan check process in Feb 2026. The Plan Check was approved on 5/22. Context: The seller wasn't very forthcoming about not having a CofO. We found out about it during general inspection where the inspector found open electrical junction boxes in the attic and ungrounded GFCI outlets - which would've been found during an LAD...

First Time Home Buyer Here I have an accepted offer in on a house right now. Our offer was very slightly above the asking price. It was advertised as a 3 bedroom. However, the 3rd bedroom is actually a finished attic with no heat, so legally this would not be considered a 3rd bedroom. The seller's agent advised the current owners got an estimate to run heat to the attic but did not have it done. Would it be appropriate to ask for a copy of the estimate they received and request a seller credit for this amount? submitted by /u/RobLocke [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1tpdot0/seller_credit_question_house_advertised_as_3_br/

Hey all! Please feel free to refer me to a different sub if this isn't the correct one, but I'm curious about a somewhat unique situation that I'm not even sure how to approach doing research on. I currently own a ~1,000 sq/ft home in Portland, OR, where our Residential Infill Project has essentially ended single family zoning. Most of my neighborhood is made up of small homes on 6,000+ sq/ft lots, but the way the homes are positioned centrally with limited access to back yards does not allow for reasonably building a second home on the lot. My parents are looking to move into the city, and I would love to have them close by. I'd love to start looking into a number of scenarios that would allow us to build two ~2,000 sq/ft homes on one of these 6,000sq/ft lots. The trick is, I'm struggling to figure out how to even do preliminary research on this. I'd like to know what the financing would look like if we keep the lot as one vs actually split the lot, and also ...

I'm posting this here because I saw a previous post from a somewhat similar situation in this sub where people actually knew their sh**. Meanwhile in the more relevant groups I just hear "get an attrorney." Not very helpful. So we bought a new house in November. Didn't "move in" until December. We had money set aside to pay the mortgage on the old house as we cleaned it up and sold it. Expected it to be on the market for a few months, but not too long. But we DID take our sweet time in moving and a very large portion of items were still in the old house when... On January 20th, the old house caught fire and burned down. No people were hurt. We were on track to clean up the house and sell it for about $475k. Part of the property covered a portion of the lake out back, so we KNEW it would sell fast, being a waterfront property. Well, insurance (State Farm) found out we had a second house (we didn't say we didn, but we didn't say we didn't, eithe...

We’re looking to buy a house as is. Aside from the home inspection and looking up flood maps and permits, is there anything else you could think of to get checked on the house? Thank you! submitted by /u/Alternative_Party277 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1toa7tl/buying_as_is/

Not asking what to do. Asking what you did that turned out to be a waste. There's plenty of advice about what to fix before selling but almost nothing about what to skip. We're about six weeks out from listing in a competitive Bay Area suburb and I'm getting pressure from multiple directions to keep spending on prep. At some point it has to stop. submitted by /u/Poke333Z [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1to7qb8/lafayette_ca_sellers_what_did_you_waste_money_on/