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Bankruptcy court has authorized the seller to sell from me. Waiting on the title company to provide an all clear. How long should I expect?

Not a first time homebuyer but wondering how long title should take in my case? So I am buying a house where the seller was going through bankruptcy. The judge finally signed off on the sale and waived the 14 day waiting period a week ago. About an hour after that his attorneys sent everything to my title company. I’ve been waiting now for a week and my realtor, the bank that I’m using for funding and myself haven’t heard a peep. I’ve bought multiple houses before and it typically only took a day or two for a clear title. Does it typically take longer when buying a house where the seller was in bankruptcy and if so how long? submitted by /u/8WmuzzlebrakeIndoors [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1x01jt9/bankruptcy_court_has_authorized_the_seller_to/
Recent posts

Just closed a big deal after 3 brutal years of grinding. Why do I feel completely lost and passionless instead of happy?

Hey everyone, I’ve been a real estate agent for three years now, and honestly, they have been the harshest, most painful years of my life. I worked my absolute tail off last year—exhausting myself studying sales, marketing, and advertising, trying to implement everything perfectly. After endless dry spells of getting absolutely nothing, everything finally paid off: I closed a house and walked away with my full commission. It felt amazing for a brief second. But now, the reality is hitting me. I feel like I am finally starting to "get there" and prove that my hard work pays off, but at the exact same time, I feel completely lost, empty, and like I’ve completely lost my passion for the business. Is this normal after breaking a massive dry spell? Am I just deeply burnt out from the 3-year grind, or is this a sign that I don't actually want to do this anymore? How did you navigate the emotional crash after finally winning? submitted by /u/Bret_Abderahmen [...

Prime Lending?

I’m looking into buying in a new development in Washington state. One of the builder’s preferred lenders is Prime Lending. I spoke with a loan officer from Prime Lending and everything seems really good. I’d never heard of them before and want to make sure I am making the right choice. Anyone have first hand experience with Prime Lending and care to share your thoughts? I’ve searched the sub and most of the posts related to them are several years old. Thanks! submitted by /u/catsandplantsandcats [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1wzvir8/prime_lending/

Showings vs offers in current market?

We are on the market as sellers for the first time outside of Covid craze and I'm trying to get a better idea of where we stand with our house. We are in a MCOL area, we listed this past sunday for $300k (been on the market about 2.5 days right now). We've had 4 showings already, and a 5th scheduled tomorrow. We also recieved an offer from the 2nd showing, though it isn't exactly what we wanted. They originally said no wiggle room, we declined, they offered again and found $7k of wiggle room. We are now only off of what we want by about $5k and are making a counteroffer to try and get that to around $2k. From the other 3 showings, 1 provided no feedback, the other two said it showed well and is priced right but not interested for various reasons (walkout is in the basement instead of main floor, room size is slightly smaller than wanted, etc.). My biggest question is given all that information how do we stand in the current market conditions? I was nervous heading in wi...

Agent gossiping about a buyer to a different buyer

I referred a friend to a buyers agent i know in a different state where I’m not licensed. He looked at a few houses and was really interested in one that the agent had listed. He saw it a few times and ended up not making a move. Just randomly today friend and I were chatting and i asked if the place had sold/what happened. He tells me what it sold for and then launches into this whole story about the woman who bought it including graphic details of the abusive relationship she was leaving, where she was from and when she was moving/why etc etc. I was taken aback and said “oh did she just have a lot of stuff on social media or something?” And he said no— that the realtor I referred him to told him ALL about this buyer. He was happy that the house went to someone nice who was starting over etc etc. I was shocked at how unprofessional sharing this is. It’s also frankly unsafe as the woman is living alone in a city with a high crime rate in a one story home. My friend is not a threat b...

What do i need to know about those "cash for home" offers, wanting you'll buy my home as is?

It's listed with an agent, going on 3 months now, and it's costing us bc it's vacant. It was a rental property. We want to get rid of the property as we don't live close to it, we're a few hundred miles away. Is it a bad idea to go with those places offering to buy homes? Can I cancel my agreement with my realtor if I decide to? Is the realtor going to ask for a fee? submitted by /u/GigiBrit [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1wz2lpb/what_do_i_need_to_know_about_those_cash_for_home/

What's Up With This Agent?

I listed my house for sale in June. Listing contract ran from 060126 through 093026. Personally, I thought my realtor was terrible. The amount she said to list the home at was too high $345k, when new construction homes are going for $340k. My house is only 10 years old, well maintained and looks new. Neutral interior. Prior to sell I replaced roof with class IV architectural shingles, replaced the AC unit and had exterior of house repainted. She did not list any of these items in the listing. My home insurance dropped 50% because of the new roof. We had minimal showings. She used AI enhanced photos (fake fire in the fireplace, exterior shot at night). The photos looked grainy and were not flaterring. In August she called and we discussed status. I told her I know the market is not great. We will leave price (as is) and let listing expire. I will either relist in the spring OR rent the house out. A few weeks later she sends me a docusign document to terminate the listing in august??...

Would you turn this into a bedroom ?

I have a relatively large half-duplex with about 1,450 square feet of living space. The main issue is that it only has two bedrooms on the second floor, which leaves me with a very large [living room]( https://imgur.com/a/Kwmr47d ) and kitchen. There is also an [additional room/den]( https://imgur.com/a/gzJpr2R ) directly off the living room that has its own exit to the back patio. I’m considering enclosing that area and turning it into a legal third bedroom. It meets all of the requirements for a bedroom; I’m just not sure whether it makes sense given that the room also provides access to the back patio. The alternative would be to keep it as a two-bedroom and advertise the additional room as an office/study or bonus room. My thought is that a true three-bedroom would obviously command higher rent and potentially appeal to a larger pool of tenants. What do you think makes more sense? I’m open to other ideas as well. submitted by /u/no-look-passing [link] [com...

Offer accepted on terms of still being able to market the property

Well, as it says- we had an offer accepted & the agent wants to still list the home as active & show it. We already had this happen once & they had a better offer in before we could even sign the counter offer. Looking for some insight or others who have possibly been in a similar situation with a home sale contingency. Did it work out? Did it not? I feel like it’s hard to be excited about it knowing that someone could take the property on a better offer all the way til close date. We’re aware that it has to be disclosed to perspective buyers but it’s a pretty sought out market. The home buying process is a big game that I don’t want to play. I just want a nice house for my family 😭 submitted by /u/CheddarMoose [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1wyliq6/offer_accepted_on_terms_of_still_being_able_to/