We are the sellers of a home to a buyer w FHA funding. The inspection caught some minor things that we fixed. Next thing we know we are closing (pre signing)on Tuesday. They are closing on Wed at 10 am. My agent says that no one has confirmed the house is passed now for funding. The lender and the buyers agent have not said a word. Do we sign tomorrow? submitted by /u/AstronautAshleigh [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1uvhv53/should_we_sign_tomorrow/

Hey all, first time home, er, seller here. And am looking for advice if I'm overreacting about my perceived poor choices of my realtor, or if I'm on point. And if asking for a mutual parting of ways now that the house is on market (as of Friday) is a good idea or not. Feedback from any professionals if agents themselves a bonus. Basically, I've felt like I had to do most of his job for him, and I don't feel confident that he feels confident in his actions. Basically, my complaints are: -house was ready to be put on market June 24. He suggested last minute we wait until after the July 4 weekend, with a brief "coming soon" period, because the 4th of July weekend was super dead for showings and didn't want tonstaxk DOM. He got this from ChatGPT, I found out later. Sounded liie good advice initially, I question it now, especially since it put us out of the June market. -ive had to initiate almost every interaction. Home was supposed to go on as "coming...

I amthe seller. House went under contract June 16th. But we get that the closing is much later and was set to July 27th. Now we are told it will be even later than that because the buyer has to request stuff from the IRS and then they can do some more paperwork. My real estate agent says she is on leave 8/16-9/20. Basically everything is done. The house is ready. It's just so much waiting and paperwork. Our house was being fixed up with no one living there since March 14th. So now we are looking at 1/2 a year or longer till we finally sell it. Is this extremely normal? My first time selling! Then could the seller drop out if the irs papers come back to them with negative info? But they are already pre-approved? ​ submitted by /u/TrickyAd9597 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1uv96e7/average_for_house_to_close/

Recently put our house on the market. We did a lot of comps beforehand and had a pretty good idea of where we should list the house to sell quickly. Two houses on our street have been on the market for a few months, so we didn't want to mess around. The listing agent has been great. Included cleaning and photos; organized staging. House looks great, and the process has been super professional. Her contract states that she takes a 5% commission. 3% goes to the selling agent, and 2% to the buyer's agent. The exception is if she is both the buying and selling agent; in that case, she takes only 3%. Seems fair. So, the house went live this past Friday. We've had 4 showings already and at least one more scheduled for tomorrow. The feedback we've gotten so far is that the house shows well. One of the buying agents turned out to be an old neighbor of mine; he told me he thinks we were priced right and that the house shows well. We'll see if his buyers make an offer. Ok,...

Are there any market conditions you pay attention to closely? Any specific stats or websites you review? I'm under no time constraints but do have a general goal of selling in Tampa, Florida to move closer to my family in Virginia. It's not a great sellers market right now but curious to know what I should be looking for. submitted by /u/SonOfQuora [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1uuozb7/what_type_of_overall_metrics_should_i_look_for/

Hi all! For some background, I come from a very poor family in a HCOL area (Austin TX). Nobody in my family has ever owned a home, and I am the first in my family to go to college and have a professional career. That said, I am 32 years old and make $62k a year. My main life goal is to retire comfortably, and I'd really like to eliminate my monthly rent payment by the time I am 60. I have $56k saved up that was supposed to be for a house down payment, but with high interest rates and the price of single family homes in the area, there's just no way I can (safely) afford a mortgage with my monthly income. However, I did notice that some mobile homes (including the lot) are currently for sale in a nearby suburb, and some lots are cheap enough I could simply buy it outright with cash. My thought process is that even though I would be buying a 20+ year old mobile home, the bulk of the value comes from the lot, and if I have issues with the home I can just demolish it and replace ...

I am looking at listings. 30 year old manufactured houses on 1/2 acre for my max budget. I just can’t get the thought out of my head that I could buy 3-5 acres, get all utilities installed, pour a slab, put a brand new singlewide down, and be all in for over $50k less than these manufactured homes already on properties. Is there anything I’m missing, am I thinking about it wrong? Also, it’s hard to justify when you can get brick houses for cheaper, just with less yard. submitted by /u/Uceg_ [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1uudih7/manufactured_homes_why_buy_already_on_land/

Nothing productive, just need to vent. Got the house ready, been busting my ass to get it ready, and then everything just goes on hold and into waiting. Going 100 mph to 0 in a hurry. Even though I've sold houses before, the anxiety is always the same. It's only been a few days, but still hoping to get at least one tour to get some feedback, or feel like something is happening. The weed isn't helping as much as I would like to relax either, so that's not helping lol. It just kind of sucks lol submitted by /u/Dena844 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1uu15em/rant_about_selling/

Work has me relocating to a dying town, think flint Michigan and you pretty much got it. For work I need to be within 30-45 minutes from my job. Would be in the area 5 years after which I would be able to move while retaining my wage. My employment is safe for that time and for the foreseeable future. The good: more money and obviously my money goes incredibly far towards buying property. The bad: not sure if it’s even worth buying a residence in the area with the possibility of not being able to sell it. Looked at surrounding cities and not one is going to be better off in 5 years as there is no jobs available or future employment in the area for the current population. In this case what is the correct move. I have never been a fan of renting but it almost seems like that would be the best choice. Or Would it be better to get the bare minimum to live in and keep it in good condition as selling a cheap house is easier? Buy something that I could rent out in the future? Although...