Just curious if such a thing exists as a financing option. Long story short, and without doxxing myself, I am waiting on a payout of my share of the equity in a home that my ex-wife got in the divorce. She has until February 1, 2027 to pay my share. Meanwhile, I am stuck unable to procure a down payment for a typical home purchase. I wasn't sure if there was such a thing as a lender allowing me to buy at a reduced down payment, with the understanding that the money will come into my hands eventually. If my ex does not pay me out by 2/1/27, the home is sold and I receive the proceeds. submitted by /u/Crafty-Strategy-7959 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1wc2dnz/is_there_such_a_thing_as_a_bridge_loan_while/

My property is fine aside from lingering mice and the neighbors house looks really unkept and just a pest paradise. I already reported the house to the city housing code but I just thought of a wild idea to try and attract cats to the house. I’m out of state from this property but I don’t want my tenant having to deal with this for longer. What if I asked her to hide catnip around the neighbors house? submitted by /u/brattysweat [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1wb75fp/pest_problems_at_rental_property_with_neighboring/

I started a loan application in May to purchase my parents home. It was appraised for 525k and the estate was giving a gift of equity of 20%. The sales price was 420k. My lender approved me and advised I had to sell my current home before being approved to purchase the new home. I sold the home, finished all the loan approvals, inspections, etc. Got to the closing table and advised that the lender counter the gift of equity twice effectively lowering the purchase price to 315k and figuring the numbers from there. Now the lender is saying that my only options are to bring another 105k to the table or increase the loan amount. I cannot afford to do either. I am Now homeless as my previous home sold already. The lender is giving me the run around and now I don’t have anywhere to live as a single mom. Any suggestions? submitted by /u/SqueegieeBeckenheim [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1wazjo6/lender_error/

Hi Everyone. It's been 25 years since i moved and even then i bought directly from the new-home builder. So please excuse my naivety. I just recently retired and we are looking to move from our current location, across (most of) the country. Before buying a place and committing in an area that is new to us, we were planning on renting a house or townhouse for a year to get to know the lay of the land better and decide (1) if we like the city and (2) where in the city we might want to permanently reside. I've been scouting properties on Zillow, Redfin, Realtor, Rentler and others. (Yes, i know they mostly are duplicative). Am i correct to assume that working with a realtor in the area is what i should do? If so, how does the realtor get paid in a rental transaction like this? Are there certain things i should consider when choosing a realtor? Any other advice? Thank you in advance - and again, sorry if this is a basic/stupid question. submitted by /u/skodaddy426 ...

So, like the title reads--please help me understand how it works. I have some vacation property that I am considering selling. It has been a rental property for years. For the last 5 years, the same tenant has rented it for the entire season, and they asked if I would consider selling it to them. I am not interested in doing a like-kind exchange, I'm interested in getting out of the landlord business. So, some basics: I inherited the property after my mother died in 2017. Appraised value at the time was $205K Current value based on recent comparables $550K Therefore, if I sold at current value, I'm looking at a capital gain of $345K My wife and I are both 68 and retired. So, an installment sale is an attractive option. Taking the full capital gain in one year would potentially cost me $60K in immediate capital gains tax, plus would drive us way over the medicare MAGI for the year, resulting in up to $500 EACH in IRMAA payments 2 years from now. ($12K total more or less ...

Looking to buy in WI, purchase price $400K, have an offer ready to submit. Just need a pre-approval on a holiday. submitted by /u/AValhallaWorthyDeath [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1wa2jjb/anyone_want_to_give_a_preapproval_today/

If almost every buyer is trying to avoid them and every homeowner seems to hate them. submitted by /u/Ennemkay [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1w9yvyi/why_do_so_many_hoas_exist/

Found a very nice house in a suburb of Akron Ohio. I noticed it showed on redfin that there is flooding in the side yard. It looks like a French drain was recently installed along the driveway. The basement is finished with carpet. It looks like there was quite a bit of landscaping done to keep water flowing away from the house towards the new drain. We love the house but we're not sure if we want to deal with this kind of headache. Even if the new changes mitigate some of the flooding, I feel like we won't really know until a year in when we have a torrential downpour. submitted by /u/mtbguy1981 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1w9u3jq/how_concerned_should_i_be_about_possible_flooding/

My elderly mother inherited some land 40+ years ago, and now it may be time to sell it, if it can be promoted and priced correctly. The land has been in the family for almost a century, and has always been used as farmland (circa 125 acres), but has real potential for recreational land use, as it has water frontage on a secondary navigable river, as well as formerly connected Oxbow lake, which is also used recreationally for fishing and boating which adjoins a 25,000 acre national wildlife refuge a couple of miles down. It has about 3500 ft of water frontage combined between the river and the lake. Now for the negative stuff, it is located in an extremely rural part of northeastern Louisiana, it is in Floodzone AE with most of the land 2-5 feet below BFE so would require any structures to be elevated, and any waterfront access along the river would have to involve Corp of Engineers building permission, as well there are extra requirements for septic systems. We listed the property abo...