Hello, I have an issue. I’m selling my home for 200k which I and my realtor believe is more than fair for the home. We had an inspection and everything came back perfect. The survey came back perfect as well. The problem came with the appraiser. It came back $174. I have cameras around the house, so I was able to receive recordings and timestamps of his visit. He was scheduled to perform his appraisal from 12pm to 1pm. He arrived 30 minutes late and spent 5 minutes outside and less than 5 minutes in the house. He only walked into one room and neglected the two bedrooms and bathroom. We was in and out in less than 5 minutes. In total he was at my house for just less than 10 minutes. My realtor was shocked to hear this. Was I treated unfairly, or is this par for the course? submitted by /u/JosephCraftHD [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1u1cdnt/appraisal_can_back_lower_than_selling_price/

So I’m currently looking at a house for me as a primary residence not as an investment. I’ve seen alot of things I really like but when I look at the numbers I’m just like what is this person thinking I looked at 4 places in two communities and it’s almost like people don’t look at comps In one subdivisions one place is listed at 440k, the other at 460k ( that one been on the market over a year) the last identical unit sold for 400k In the other subdivision their asking 475k ( dropped from 500k) most recent one that layout in sane area sold for 445k and of last year Are people today just making up numbers, or is it a my area problem. Like the one listed for 475k ( which o actually like and will make an offer on) has called my realtor a few times asking if her client is still interested so the market seems to be agreeing with me submitted by /u/Thick_Cookie_7838 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1u1a9gq/do_people_nowadays_j...

Our house has 2 floors and a basement and was built in the 90s. Has no issues but we had to repaint some rooms because the colors were a bit too exotic (orange and red). Our realtor sold another former home of ours in a different town in like 3 days, and we've had almost 10 showings but only one with feedback and the person thought it was too expensive (700k range). We've maintained our lawn, tidyed up the house before every showing, and tailored the interior better to the average buyer's interests, took better photos (although the photographer for some reason took photos of the attic with a bunch of junk in it and we got those removed after 2 days and 2 requests to the realtor to have them taken down on zillow), and still nothing. A friend of my mom's theory is that theres a bit of a real estate "mafia" in our town and that they all know each other and sell their homes easily, while our realtor is from a different town and not part of the "club". Ou...

As title states, was supposed to close the 15th. We didn’t hear any updates from our lawyer so we reached out last week for her to get us an update. The seller is now having trouble finding housing as they want to stay in the same school district and also going through a divorce. Now it’s a real possibility this can go past the legal 30 days. We’re in NY state. Our lawyer had the audacity to tell us we have no say in the matter and to “just stay with family and friends” if this goes past the 30 days. WTF?! I’m so mad I want to fire her. Is this not the totally inappropriate thing to say to your clients? Our lease is up July 1st. We gave our notice, we have nowhere to go and she says this?? submitted by /u/Effective-Tax-9183 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1u083r9/seller_is_dragging_out_the_closing/

hello! my partner had a trust fund from her parents divorce and bought the house we currently reside in with that money. her mom was an executor of the trust so she had to be there with my partner to do the sale. my partner and her mom are the only two listed on the deed to the house because of this. we do not owe on the house and do not currently have a mortgage. we’ve been talking about the future, wills, and things of that nature. that prompted the conversation of the house as i would not legally have any right to the house if something should happen to my partner. my partner says the only way to get my name on the house is to get a mortgage in both of our names. i do not want to have a mortgage on our house at all but i don’t know a better way to go about any of this. do i really have to have something leveraged on the house in order to get some ownership? thank you in advance 🙂 submitted by /u/Open-Estate3233 [link] [comments] source https://www.reddit....

FTHB here. We are interested in purchasing a house, currently listed at $490k (originally $520k). House is a new build, sitting on the market for over 130 days. After seeing it with our realtor, we loved the house, but could also see why it was sitting for so long (steep hills make 2/3 of property unusable, road noise, far from the city, actual house size). Our realtor advised that the builder would probably take $475k, but we are having a difficult time seeing that price in this home (the fact that it has been on the market for this long shows others would agree). We are considering offering $440k. Whether how that is structured is up for negotiation ($460k + $20k concession, $450k + $10k concessions, etc.). Where I’m conflicted is this… if it was simply me and the builder negotiating, I would have no problem asking this price. But after asking the realtor’s opinion, and considering that she is the one that has to stick her neck out there for us, I am having a moral dilemma asking thi...

submitted by /u/jkrm1920 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1tyqgpy/is_it_a_good_time_to_consider_purchasing_house_in/

How to buy a Real Estate at Auction..? this is not an advertisement. It is just a conversation on how you may buy a home or piece of land if you see the property advertised that option. Maybe I can help you out with some insight. I’ve been seeing a massive surge of the buyers interest in real estate auctions lately (especially with people trying to find deals in this market). But there is a terrifying blind spot happening right now: Many traditional real estate agents have absolutely no idea how auctions legally work. I can help clarify… you do not have to fire your Real estate Agent, just ask them to get informed… If you are looking to buy a property at auction, even though I can’t give you legal advice maybe I can give you some guidance…? Anyone , butler..? submitted by /u/AmericasAuctioneer [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1tyjews/questions_about_real_estate_auctions_unconfused/

First-time home buyer here having signed a contract on a property for $188K in WA with a pass/fail inspection (period runs through Monday). Inspection this week uncovered that the hot water heater broke and the space it's in and the subfloor are damaged with some mold. A quote to repair the space + install new hot water heater is ~$3K. My agent first suggested the seller would cover 1K, and I would cover 2K. Now she's suggesting an even split, and the selling price increases to $189,500. It seems like she's really not acting in my best financial interest. For one, she is the listing agent's mother. Furthermore, at the mention that I was thinking about getting an inspector outside her recommendation, she asked if she had offended me, and then claimed in a raised tone that "I am very ethical", which was pretty embarrassing, extremely unprofessional, and a manipulative pressure tactic even at its most generous. I did end up going with her inspector because h...