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Additional question re: mom sold her house on no notice with no time to empty it

This weekend did not go well and we barely got anything done. Some rooms vaguely approach level of "good enough for some mover to eventually come in and throw the rest ina storage unit" but others have remained untouched. At this point my last question is - can I send a strongly worded email to the real estate people working allegedly on my mom's behalf about how extremely unhelpful they have been? They will send her emails with lawyer jargon about liens from 40 years ago and expect her to know what the fuck they're talking about. They made no effort to contact family members like me who could have been made aware of this much earlier. They didn't realize that asking a single older woman to empty her house alone is ridiculous and should have considered negotiating sellign the house "as is." Various other shortfalls on their part. I want to send this email because my mom has basically shut down. I just don't want there to be any consequences on her ...

Making Sure I picked the right Realtor Before I sign

Hey everyone. I'm listing my house on April 15 and before I sign the contract I wanted to make sure this process is largely normal. I contact a few a few months ago and had an initial review of the house and landed on one that seemed to be the most experienced. He said based on comps at the time it would be good to go to list around 449k but i should probably expect to get around 430k for it. We'd revisit in March. Outside of that, he told me a few things to fix up and I did so. We are in march now and he came over again for the updated listing with plans to take pics and sign contracts on the 30th for a mid-April launch. When he arrived he said appraisals for my specific house are only going for around 430k, so we should just list it for that to make things smoother. That's what I went in expecting, but it seems like it would be a good idea to have a little wiggle room there for concessions and stuff? He said most agents are going to go in knowing what it appraises for...

My neighbors and yard are preventing my house from selling

Our house has been listed for 22 days. We have showed it 11 times. We are letting buyers know close date will be June 1st. We have received one offer which was the very first showing and $75k under listing price so we declined. I thinks it’s the yard and my trashy neighbor. We also have cats and a dog but they are clean and I pick up the poop outside and clean boxes before we show the house. Nobody has ever told me they smell cats in my house. Our yard is on a hill, it has a nice outlook to a ravine in the back but you can’t really go out there and play sports or use the yard much except for campfires and barbecuing. We have hot tub and it’s great for adults I think. We also had some trees cut down and the debris is still in the yard and the old fence is still there and could be removed because it’s broken. Our road is narrow and windy so people zoom down it and it’s not safe for kids riding bikes. And then you have my damn neighbor who is so freaking trashy that there is an old in...

Would you rather use a realtor recommended by your lender, or a lender recommended by your realtor

It seems when I shop around for both, they always have ideas for who I should on the other end. Do you recommend it’s better to keep both separate? If it’s better they do work better together, do you recommend nailing down a good lender or realtor first? submitted by /u/stangg [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1rudwtn/would_you_rather_use_a_realtor_recommended_by/

How do you guys track real estate portfolio performance without more staff?

$4M across deals and direct multifamily properties. Finding deals isn't my problem anymore, it's tracking what I already own. GPs send quarterly reports but they're all formatted differently (some PDF only), timing is all over the place, and I end up with this folder of random documents with no clean way to see actual portfolio performance in one view. Can't tell you my total cash on cash return right now without spending an afternoon in excel, which defeats the point of passive investing. Hired a part time bookkeeper to organize it but she just files documents, doesn't do analysis. I need to see which deals are beating their proforma, where cash flow is trending, how each property stacks up against market benchmarks... stuff that would need a full time analyst to build out manually. What are you guys doing here? I keep hearing some AI tools already provide portfolio tracking software for LPs, but sounds like their dreams that what AI actually does Everything I f...

[Tenant US-CA] How would you view my applicant profile?

I'm relocating to Los Angeles and trying to get feedback from LLs/property managers on how my rental application would be viewed. $1500 to $1700 target rent Newly self-employed content creator/actor CPA letter showing current annualized income of $68,800 790 credit score $26k cash reserves $18k in signed client contracts Landlord recommendation letter My income is project based, so my bank deposits are irregular. For example, I will have deposits in March but none in April. Are the irregular deposits a deal breaker? Any way to strengthen my profile? Thanks in advance. submitted by /u/timdavid [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1rthyrr/tenant_usca_how_would_you_view_my_applicant/

renters “not looking to pay your mortgage”

fyi, this is not a landlord vs renter question or vice versa. nor is it a renting vs owning rant. I’ve been a renter in the past (for 13 years). i own a house now for a little longer than that. actually, am “renting” from the mortgage company until it’s paid off. i’ve been on both sides. both have their pros and cons. that said, i see this statement come up time and again and it always puzzles me. i think i understand it means they don’t wanna pay over and above what is acceptable. but correct me if i’m wrong. but i’m also confused if i interpret it in a literal sense. i mean, if the landlord still has a mortgage then, as a renter, you’re somewhat indirectly paying part of that mortgage. if they don’t have a mortgage then you’re paying for something in their life. aren’t we all paying someone else’s “mortgage”? i’m helping a (rather wealthy) mortgage company make money by paying them interest (rent) every month. i remember when i rented. this was an old historic house that had be...

inherited a trashed mobile home nobody wants

so my dad died a few weeks ago and left behind this mobile home in a park that is just absolutely destroyed. went there with my brother and sister to grab his stuff and we were all pretty shocked at how bad things had gotten the place is completely falling apart inside and out plus theres a massive roach problem that made us all want to run. we knew he wasnt taking great care of himself but seeing it was really hard anyway none of us want to deal with this mess and it would cost way more to fix than its ever gonna be worth. been looking through his papers and found about 6k in his bank account plus maybe 18k in retirement savings. funeral costs are gonna eat up most of the cash but there might be some left over after we figure out what debts he had my question is if we go through probate and become executors does that mean we automatically become responsible for this mobile home disaster. thinking maybe we should just try to give it away to the park owner or find someone local who ...

home building finance option?

Hi gut check needed here: I have a mortgage on primary home i own, co-own a second home with partner (no mortgage) and will build a third house with partner from scratch. Not sure whether we will sell the third home or rent for a while and take advantage of 1031 exchange down the line. I'm trying to figure out how to finance a third of its cost and were considering a HELOC or HEL based on low transaction costs and ease (my understanding is that no formal appraisal needs to happen). Any pitfalls here? thanks. submitted by /u/Boring-Trifle-6968 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1rsngci/home_building_finance_option/

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