Im talking “values“ up 50-100% since Covid in my neighborhood. I’ve toured a few where everything is still original from when the houses were built in 1992 (like original jetted tubs and builder grade bathrooms, 8-10 year old kitchens and roofs). All are asking over $800K when they sold in 2015 for $3-400K. I just sold a house where we had remodeled every major room (kitchen, baths, floors, roof, HVAC) and felt justified in our markup. But it’s crazy now to see sellers asking for that markup for just a few basic maintenance items. Yet most of these sellers are willing to just sit and wait it out until they find a desperate buyer. Several have sat on/off market for close to a year. I’m frustrated (and jealous). I’d like to upgrade my home but I can’t justify these values. submitted by /u/Technical_Quiet_5687 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1sptgh5/everything_is_overpriced/

I'm in CA. First, I made such a stupid mistake. Trust but didn't verified. When putting the offer, I asked via text that don't put "as is". my realtor ignored it and there was no inspection contingency in the contract and now I am in the hook for it, in the seller's disclosure, they disclosed there was a leaked in the last heavy rainfall (2 months ago), and in home inspection, the report indicated the roof need to be fixed (mortars failed, tiles were loose.) I lost legal power to ask seller to fix issues. Luckily I still have loan contingency and appraisal contingency. Appraisal came back above market value which is good. but did not mentioned termite or roof leaks. I am using VA loan so the VA required termite/dry rot treatment, but the roof area is gray. Can I reach out the manage broker of the agent and complain for commission credit? chatgpt gave me a decent ideas for the next steps, which is get roof repair estimated and email the agent's team ...

I'm on job hunt since a year and unable to use additional career premium referral due to ineligibility, I'm looking for LinkedIn business premium referral at no cost to continue my job search and LinkedIn learning, i would highly appreciate. You may please dm. Thank you submitted by /u/M_Arslan9 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1sp7ymn/has_anyone_linkedin_business_referral_to_share/

So I have a contengcy that we find new housing before close. We've been trying to buy since last April, beat out of houses every single time we put an offer in. We decided to get ours listed first, try to sell and buy at the same time. Now, we got 2 showing requests immediately, and an agent calling our realtor asking if we would accept sight unseen full cash price, and RENT our house back from them, until we find a new one..no escalation clause not an on paper offer, just asking if we would consider that. I'm kind of offended, we have the contengcy for a reason, I'm not wanting to do a rent back when my mortgage is only $720 a month, I can't imagine paying more than my mortgage to rent my own home, whole I HOPE to find another one. As I was writing this, a guy actually drove up to my house (I'm sitting on the porch) and asked me questions about buying it, and the neighborhood. So feels like we at least have some interest. What's the benefits of taking cash off...

We signed a 2-year lease last july to go until august of 2027 (we were planning on getting married in August of this year) but we broke up in March. Is there any way for us to get out of this lease without being on the hook for the entire remainder of the lease term? We are in PA. submitted by /u/GaviFromThePod [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1soqvz9/my_ex_and_i_signed_a_2_year_lease_until_august_of/

I think my question is ultimately: What constitutes a seller "knowing" that there is a serious issue with a home? I recently cancelled a sale for a home I was under contract on after a nightmare inspection. We had a structural engineer come out and confirm the findings, which is that the building is not structurally sound due numerous issues and the cost to get the home safe to inhabit would be hundreds of thousands of dollars. We obviously backed out, explained our reasoning why although we didn't pay for a written report so there isn't really a paper trail. I noticed today the house is back on the market, same asking price, and of course I have no idea what they might say to the next buyer but it does have me wondering: At what point is a seller obligated to tell the next buyer what came up during a previous buyers inspection? submitted by /u/Antique-Signal-5071 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1so94ar/when_do_sell...

Looking for some advice on behalf of a client. He's got 80+ small residential properties, all single-family or very small multifamily, under 200 units total. Each property has property management, and his CPA firm handles the accounting. Should be sorted, but in reality, he's getting buried in all the insane shit that falls between the cracks; insurance claims, vendor coordination, being the liaison between the PMCs and the CPA, general admin that nobody else owns. His time is getting eaten alive, and he wants to add a layer between himself and his property management companies, someone who can own the day-to-day administrative and operational coordination so he can get back to the three other businesses he owns. The obvious answer feels like an Asset Manager, but I'm not sure that's right for a few reasons: The portfolio isn't really growing; this isn't a "find the next deal" role A good Asset Manager wants to be underwriting deals and optim...

Hello, I know there are a lot of information about this, but I think my case is a little different. If I buy a house for the first time, but by cash, without any help or loan, do I still could ask for any help as a first time buyer, for my next house with mortgage? or its better if I put this house with my moms name and not mine, I will live there btw, not she... Cause I dont want to waste this option buying a house with cash... I know if you dont own a house for 3 years, you could use it, but its not an option for me if I put the house in my name Thanks! submitted by /u/Jfgpreddit [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1so5kz7/fha_or_first_time_buyer/

Selling my house currently. I saw on social media once about having a house binder to “give to the buyer”, so prior to selling I made a binder with every useful detail I could think of. And I placed this binder on the counter during showings and open houses. I put in manuals for appliances I had bought (or downloaded and printed them from the internet), added in paint colors (including brand and finish), receipts / screenshots for various items I had for the house (light fixtures, door locks, etc.). I found my Amazon orders and printed out a screenshot of the HVAC filters I use, the stain I use for the deck, the type of grass seed I use, invoices from the trash company, types of plants I had planted, care instructions for the garden, order / part numbers for various parts I had replaced on the oven, literally EVERYTHING I could think of. By the end it was like 30 pages. Was all of it necessary? Probably not. However when I was talking to my agent, she mentioned how a few offers ment...