Hey everyone, looking to see if anyone has dealt with the same issue or has any advice or any higher up contact with KB homes in Houston that they can provide me with to reach out to. . We entered a purchase agreement with them in February, the terms were: - 5.75% fixed interest rate for 30-year FHA loan (IF we used their lender) - $5000 towards design center or closing costs (we chose toward closing costs) if we used their lender -$500 towards closing if documents were submitted within 3 days to their lender, which they were So, the final terms were 5.75% fixed rate + $5500 for closing. Well, it wasn't long after the construction process started that they told us the subdivision had no power. We got multiple delays that pushed us way out of our original closing window and so we were unable to lock that original 5.75% rate (the agreement states we needed to lock within 30 days) Now we are 2 weeks before closing and the lender decides to tell us they have no information regar...

Currently house hunting in the Boulder, CO area. Market is pretty stale here. I have noticed several houses I've been watching for months some how manipulate their listing data so that they appear "new" on Zillow. I want to know how they can do that? Per my realtor for my old house, the listing data is MLS record. You cant just make the history of having the house listed disappear because you pull the listing off MLS. In one example, this house was flipped. Sold in May and listed i believe in August for 200k more. Just today its showing as a new listing, despite being on my radar for a while now. When I look at the price history, the previous August listing is missing and it shows ​listed date as 10/17. How is this possible? I've looked at the listing for this house many times in the last few weeks. It met my search criteria, has a street name thats memorable and meaningful to me and the flip makes it stand out from other listings in the area. submitted by ...

We are working towards selling our house soon to move out of state. We have a very nice induction range that we are somewhat attached to (for both health and safety reasons), and are planning to take with us since it’s not financially feasible to replace it right now. Would it be better to offer a seller credit to the buyer to go towards a new stove, or to just buy another inexpensive one and put it in before listing? On the one hand, it’s not a great look to show a house with a giant hole where the stove should be, or telling a buyer that “oh, that nice stove doesn’t come with the house”; but on the other hand, the house is set up for both gas and electric, and a credit would allow a buyer to choose what they would prefer. submitted by /u/Inquisitive-Carrot [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1x9xnmo/credit_for_buyer_or_new_stove/

My girlfriend and I are considering buying a studio apartment and I'm hoping for some input on whether or not this is a good financial decision. PROS - small space = less time spent cleaning and less money spent maintaining, great location for less money, quicker path to home ownership, same cost as renting for the first 5 years (see below) CONS - harder to resell or issues with renting in an HOA building I'm not worried about the size being an issue since for the last year we have been doing the vanlife thing just fine with 50 sq ft. I'm more worried there is something here that I haven't considered. For the pros, less time spent cleaning or maintaining the space is a pretty big one since we are both planning on going back to school (nursing for me, comp sci for her). We will have to be working pretty much full time while in school as well so the less we have to do around the house means better overall balance between school/working/relaxing. We are currently renti...

Trying to sell my parents house. It needs some work. Both bathrooms and kitchen need to be remodeled. And it uses window ac and electric heaters. submitted by /u/oog_ooog [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1x9fob9/how_much_more_could_i_get_selling_house_myself_vs/

My wife and I are looking at a property that is quite literally next door to the town middle school, directly behind that is the elementary school. I am curious how this will affect value as we feel it's priced a little high to comparable properties. I don't know whether this will deter buyers due to lack of privacy and the presence of wandering teenagers. (Meaning we could probably offer less) Or whether it will demand a premium from some family with kids in either of the schools and they'll get their high price. We don't have kids but plan to within a year. So once our kids get old enough to attend school it would extremely convenient. It's a pretty small, quiet town (population 4k people) so these aren't huge schools. I've scoped it out during pickup/drop off hours and it seem to be unaffected by school traffic since the next road over is the one that leads directly to the school entrance. And even at peak hours there isn't a standing line. The ho...

Over the last ten years, my middle class neighborhood somehow thought it'd be a good idea to allow section 8 in. We have 3 of them and they have homes so dilapidated and disgusting that it really drags down the appearance of the place. Everyone else has well manicured laws, no trash, etc. These homes have weeds growing everywhere, broken blinds, their dogs run loose at all hours of the day, trees with broken branches, porches falling apart... I am about to list my home, but my neighbor has a broken down car in her driveway that's been there for THREE years after it was destroyed in a tornado. She has garbage bins everywhere. Her home looks abandoned. What can I do about this? Can I do anything? Surely she can afford a tow truck seeing as she drives a brand new vehicle. If i was a homebuyer and i saw her as a neighbor, I'd turn right back around. I have no hoa so that's not an option. submitted by /u/Far-Potential-4899 [link] [comments] source ht...

Is it common for a realtor to charge the buyer 1% and the seller pay 2%? Closing costs are a bit high and the 1% on top of that adds quite a bit… submitted by /u/Inevitable_Rise_8669 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1x7vpqq/buying_house_agent_fee/

My grandmother passed in January of this year and I wanted to buy off my brother and father. I inherited 25% of the home, my brother 25%, and my father 50%. It’s a townhouse in an HOA that costs $152 per month with a 2% increase per year and I share walls on both sides of the house. It’s a nice neighborhood in a nice suburban area. The Zillow estimate for this home is about $260,000. There are two townhouses for sale in the neighborhood, one for $260,000 (unfinished basement) and one for $270,000 (this one had a finished basement). They are both completely renovated with updated kitchens, bathroom, carpet/flooring, decks, front doors, and garages whereas my grandmother’s house is the same as when it was built in the late 1980s with cheap counters, flooring, plumbing, bathrooms, carpet, no deck, an old front door (sorry but I’ve noticed every house in the neighborhood has nice front doors and this house has an old, beat up one lol), and an unfinished basement. Not to mention, the plumb...