Our home (Michigan) is in my partner's name alone, we never got around to adding my name to it. We have a motivated buyer who is eager for a purchase agreement. We need to file a quitclaim transfer to put the home in both of our names, because it grants us some benefits through my new employer's relocation assistance program. We have the paperwork started for the deed transfer, my partner needs to sign the paperwork next week and file the document with the records office. The buyer was really hoping for a purchase agreement this weekend. Would it mess anything up if we had a purchase agreement sent over to satisfy them while we're in-process on this deed transfer? Or does the deed transfer need to be finalized and filed before we can send a valid purchase agreement? submitted by /u/relatively_newish [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1uz4t6o/purchase_agreement_while_filing_quitclaim_deed/

It runs the adjacent to the length of my house's lot (21'x150ish'). There is a power transformer maybe 3'×3'x3' at the very end of it, so I am assuming the electrical company has access rights? It just a dirt path that use to be an alley 30+ years ago. I thought the alley was owned by the city, but county records show that it is not. It is terribly overpriced (the agent seems to be pricing the sq ft as if there is a building already there). And I don't want someone trying to build on it. I spoke to the other adjacent neighbor and we like to buy it and split it. Take 10.5' each and add to our parcels, or keep them separate depending on taxes. First, how do make the owner realize that it is overpriced? I don't want to insult them, but it is overpriced for a vacant lot. Second, has anyone done this successfully? Bought and then immediately split a parcel? I am going to hire a real estate attorney but I want to hear the sucesses and the horrors. Thank...

Our company (a developer of solar and BESS projects) is looking to expand our greenfield land acquisition campaign - wondering if anyone has any positive experiences working with 3rd party land acquisition companies or land agents they can share? I came across this company onCORE Origination ( oncoreorig.com ) that looks professional and successful - but curious if anyone has worked with them in the past. submitted by /u/ResidentPart7977 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1uywws9/what_are_some_of_the_best_land_acquisition/

Hi everyone! I’m a 20-year-old architecture student hoping to buy a property in my college town within the next year or so, and I’m looking for advice on what I can do right now to put myself in the best position possible. I know some people may think this is unrealistic, and that’s okay. I’m not looking for people to tell me to give up. If it doesn’t work out next summer, I’ll still have built savings, improved my credit, and learned more about the process for when I am ready. I’m trying to be intentional and set myself up for success. A little background: I’m an architecture student with minors in sustainability and construction management. My family has years of real estate experience and multiple family members have real estate licenses, so I have people who can help me evaluate properties and avoid mistakes. I currently rent in my college town, and my lease ends next summer. My goal is to buy a single-family home, condo, or small multifamily property, live in it for at least ...

So, looking at selling my house for $450k and looking at agent fees...6% shared seems rather steep to me. I'm an easy seller and the house should sell pretty quick, it's in good shape. Basically, I've lived here less than a year and i HATE the neighborhood. When i bought the house, it had a lot of repairs that needed doing, so I've put in $30k. Bought the house for $340k. 450-340=110. 110-30= 80k. Minus closing costs estimate $15k. 80-15=65k. With realtor fees at 6% split between buyer agent and my agent would be 27k. 65-27=38k. And that's not including all the other associated fees and any potential concessions. At 5% agent split its still high at $22500. At 4%, $18k. Now I don't know about you, but if i had an easy sell house, and they closed in 45days, i would be pretty stoked with $9000 for that work. Is it unreasonable to ask for 4% split? I know ppl think it narrows the buyer pool because buyer agents don't want to show houses that are low commiss, an...

i’ll do my best to explain well. we live in a small rural town in KS, thankfully there is a nice private college here. the house we live in is an ideal college renting location (2 blocks from school) we bought it as a foreclosure for about 40% current value. we could realistically rent and profit around $2k-2500 including property tax (5 br). we love the house and location but we also own farm land about 10 mins out of town and really want to move out there. it has water and electric at corner, but no dwellings, it is wide open flat. our family is growing (2 kids, 1 on way). trying to think of ways to grow income. I know this is so dependent on area, just trying to get idea, is it realistic for us to move out there And live in modular home, ADU, manufactured home, etc that has a lower monthly mortgage than the rent/profit of this home. does that make sense? In other words, do you think we can move out to our farm, build a cheap af home (we are ay okay with it being small for now like ...

Is this a legit company? I found 3 LLCs in CA. Random miss spellings across the US. As a buyer, is it even something to be worried about? Like I feel for the misguided sellers for sure, but hell it’s a good deal. submitted by /u/Legal_Audience_4931 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1uxrpra/prime_home_buyers_usa_legit_or_scam/

I am interested in buying land or possibly an existing business. So far I am using realtor.com to scout for prospects. Are there any other sites I should be using to help find what I'm looking for? On a lot of the niche sites I've found properties listed that have been off the market for ages, making it a complete waste of time. TIA. submitted by /u/K1LLERM00SE [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1uxewal/avenues_to_buy_land_for_campground_or_possibly/

So this might get some flack here, but here's the short story: I own a home. I bought it in 2020 so I have an insanely good interest rate and don't want to lose that. I don't like where I live (it's not dangerous or anything, it's just boring). I live in south NJ. I want to move to north NJ closer to NYC. I can't afford to buy/own two homes, so my idea would be to rent either a home or apartment up there. Because it's such an expensive area, I feel like it would be a good idea to rent out my current home to help pay for up there. I know this is nonsensical to some people: renting out a home I rent just so I can rent somewhere else myself, but I'm just really unhappy with where I decided to buy and want to live somewhere that makes me happy. This seems like the most financially feasible way to do that. 1) So my first question I guess is...what is the actual order of operations for this? Obviously saving up so I can afford a few months rent up there w...