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newbie questions here regarding buying / financing a piece of land

just looked what i think is a terrific piece of land, very interested in buying, never been involved in a real estate investment / deal, i dont know if im doing this the right way or not, i contacted the sellers real estate agent, they said they will give my info to a lender, and supposed to receive a phone call from them today, so far nothing, when applying for a house loan (mortgage) do you suppose to call as many banks / lenders as you can? or is there a place, a website somewhere where you apply for the loan one time but it gets sent to a bunch of banks, like when you are buying a car from a dealer, or is it one by one type of deal phone calls that i need to make? would appreciate a step by step kind of guide of the process, from those that deal on this on a daily basis thanks in advance submitted by /u/Npos_tEx1164 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1ugoheb/newbie_questions_here_regarding_buying_financing/
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Offers

For example if a house is listed for 850, can a buyer submit an offer for $550? Would their agent let them? submitted by /u/Feeling_Delivery2323 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1uh13su/offers/

List of FHA repairs worth it?

For context we bought our 1896 Queen Anne in 2022 on an fha loan. Prior to inspection we were allowed inside to touch up paint and add handrails. Loan was approved. Now we are selling and the new buyer is FHA funded. This is what came back: This is the exact verbiage the lender sent me “The appraisal came in Subject to: Repairs needed, paint front porch steps, hand railing needed to attic, repair attic step, install railing in attic, paint door trim to attic, paint trim, repair exterior steps to basement and install hand railing, paint window trim where needed, paint rear door sill, paint house fascia and soffit where needed, repair and paint house fascia, the subject does not have adequate fire and carbon monoxide detectors on the first floor and basement.” We said the house was as is. Should we make these repairs or go back on the market? Should the buyer make these repairs? What is normal here? We think bc we did when we purchased, then they should now. Is that outrageous? ...

Three Women Wanted to Start a Family in the Bay Area. Could They Find a House to Do It In?

After spending another $250,000 to $300,000 on the foundation, plumbing and wiring upgrades, the trio moved in this month. https://www.zillow.com/homedetails/2304-Edwards-St-Berkeley-CA-94702/24835196_zpid/ https://www.nytimes.com/interactive/2026/06/25/realestate/bay-area-oakland-berkeley-real-estate-homes-prices.html https://archive.is/hQzzh submitted by /u/HarryCrushNuh [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1ug3ixb/three_women_wanted_to_start_a_family_in_the_bay/

What happens if you buy a house in an area where insurance companies are pulling out?

Hey everyone, I’m seriously thinking about moving to the coast -specifically looking at the Tampa Bay / Clearwater / St. Pete area. I keep hearing stories about insurance companies bailing on Florida left and right, and it’s honestly stressing me out. Like, am I about to drop everything on my dream home just to find out in a couple years that I can’t even get insurance? Or do I have to settle for somewhere inland that I don’t even really want? I’ve never owned a home before, but I’ve been helping my aunt sell hers in Michigan the last few months, so I’ve been diving way deeper into all this. I’ve been saving for three years straight trying to hit 20% down, and I’ve been extra aggressive with the savings because I knew insurance in Florida isn’t cheap. Now I’m starting to freak out that decent options might just disappear and I’ll be forced to either overpay like crazy or scrap the whole plan. Has anyone here actually dealt with this or is going through the same thing right now? What ...

I'd rather have an empty cage than a dead dog

When I worked as an agent full-time, I remember hearing this. I see a lot of posts here from sellers complaining about how nobody wants their house. It is highly probable that your house is listed too high. Many agents are just happy to get a listing. Maybe your agent is inexperienced. Maybe they only worked through a seller's market and don't really know how a buyer's market works. Maybe you pressured them to list the house high with the thought that they can just lower the price a little at a time if needed. The thing is, when a house first hits the market there is energy around it. The agents do a caravan to check it out (at least they used to), and it pops up on the "new" pages. Open houses can be advertised with words like "newly listed" or something similar. When people see a house on the market for a long time, they just assume that something is wrong with it. Maybe it is a psychological thing. But they wonder what everyone else knows about th...

House listed 9 hours ago

It has 26 saves and 1,428 views. Does this seem pretty high for being on such a short time? submitted by /u/Feeling_Delivery2323 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1uf8tau/house_listed_9_hours_ago/

Could it actually be bad to list a house below market value/Zestimate etc.

We are trying to offload our house this summer as we moved out of state and no longer want to deal with tenants. It’s a good starter home in a 30+ year old established neighborhood but by no means fancy. Our realtor suggested to list the house lower than most of the comparable houses listed in the neighborhood as there seems to be a lot of inventory and they are moving slow. I’m okay with that but wondering if being the lowest price in the neighborhood will be off putting to potential buyers who might think there must be something wrong with the house as it was a rental for few years What would you think as a buyer? submitted by /u/death_by_options [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1uef44p/could_it_actually_be_bad_to_list_a_house_below/

what does a good sellers agent actually look like?

Looking for first hand experience. My home has been on the market for over 200 days and I am beginning to question my agent's abilities. I have followed all of his advice, when we first priced it, he said 310, I thought it was a but high for our area but trusted him, every time he suggested a drop, I went with it and we have since dropped it to 270k, below what I purchased for and what the house is worth. It needs no major repairs and there's nothing wrong with the house, just relocated for work. TBF, it is a more unique house (built in window catio, stock tank pool etc) and I know the market is tough right now so I don't mind patience for the right person but he's pushing back on everything I am suggesting like maybe trying staging instead of relying on ai and virtual pics etc. and just giving me feedback on things I cant really change like the grade of the driveway (the house is built into the side of a mountain). I don't want to be ageist, he's 21 and I am...

Advice: should I lower my house price and by how much?

My house has been on the market for 34 days now. I've had 8 showings but no offers. Currently listed for $515k. Comp: house down the street is almost the exact same and we both purchased our houses for the exact same price 4 years ago. She sold hers last month for $525k. Hers was on market for 90 days, then taken down, and then relisted and took another 45 days to sell. Mine is closer to the main road than hers which is why we decided to list for $515k instead. I was thinking lowering the price to $499k to get under the threshold of 500 to reach more buyers. My agent is hesitant to do this because that means I will not break even and have to bring a check to closing of about $4500. My thoughts are, though, that if it doesn't sell at our current price and I end up paying an additional 2 more months of mortgage payments, I've paid significantly over that amount anyways. Any thoughts/advice are much appreciated. Thanks! submitted by /u/Im_The_One [link] ...