We put an offer in for a house asking $525k (nc), we offered $515k and the sellers came back with $520k, we agreed asking for 0 closing costs. Our realtor at the time said this would be best for our offer to be accepted as we have lost out of 4 other homes already. She assured us we could negotiate for this later on. Now we are in the process of negotiating and found there are trusses in the attic that need to be fixed and the ac will need to be replaced. The sellers agreed to take care of the trusses. We are asking for $13k in concessions to cover the cost of the ac and some of the closing costs. The sellers are agreeable to $9600. We really want that much for repairs, + extra for closing costs. Is that reasonable? Our realtor seems to this it isn’t considering the market and the home being in such good shape for a 20 year old home. submitted by /u/JasmineDragon22 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1tmgrkj/are_we_being_reasona...

My sister and her fiance split up and he left. He paid the mortgage for the mobile home, but it was in her name only. She was a stay at home Mom. She has no income, and unsure of how to pay. She's wanting to move back home several hours away. The mortgage is $900 with a $600 lot rent. She will be contacting the lender after the weekend. The community where she lives offered to buy the house for $10k under what she's owes. She's only been there 2 years. It definitely needs work. HVAC, roof, siding, etc. Her credit is already horrible from having no income or credit cards. Should she apply for short sell, deed in lieu, or just file bankruptcy? submitted by /u/iamMRawkward [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1tm91pw/need_to_sell_house_asap_appraised_10k_under_owed/

Backstory: We’ve been casually working with a realtor, she’s been great. Understands we’re not in a huge hurry to buy, isn’t pushy, is easy to get a hold of. We toured two homes with her yesterday (Friday) and really are considering putting in an offer on one. But I’d like to take a second look to answer a couple questions we had and be more analytical before that. Houses are going quickly here, especially in this price range. However, how okay is it to contact her on Memorial Day weekend? I don’t want to be rude, and am not sure the etiquette here. submitted by /u/cordial_carbonara [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1tllrxl/etiquette_for_contacting_your_realtor_on_weekends/

The backstory: I live in a subdivision of SFHs. I recently ran some comps on the neighborhood to determine what I might get for my home if I tried to sell it. I was surprised to find that approximately 40% of the homes near me are rentals. Recently, a damaging storm came through the neighborhood causing tree/hail damage. I had noticeable damage and an adjuster just confirmed it. My question: The damage caused to my home is being covered by my insurance (minus deductible). Many of the homes around me are also damaged but because they are rentals, the tenants don't care ... and the landlords don't know (most are OOS). How do landlords handle this situation if your property is damaged yet the tenants do not care enough to notify you ... especially if you are OOS. Thanks ... submitted by /u/dudreddit [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1tliari/property_damage_question_for_landlords_of_sfhs/

Location Arizona I’m selling a house as-is for my father who has been diagnosed with dementia. The house is in some disrepair and I’m not local. I was clear with the realtor I wanted as-is, and have no interest in making repairs. We received a number of cash offers and one who needed financing. As the financing offer was significantly higher (and even over asking!) I accepted. -seller opted for a home inspection and there were some plumbing issues noted. Asked to have me repair, I told the realtor no, and the buyers decided to proceed with sale. -their lender then came out to appraise and noted some mold in one area. They are unable to secure financing without remediation. They have asked me to pay for it and then have more testing. As this involves probate court, it’s pending a hearing with a judge to even go to closing. While this is procedural and I have no reason to believe the judge will object to the sale I am unwilling to do work on the house before the hearing. I truly don’...

Hello, I bought my home in 2020 from my mother who used something called a gift back option so I didn’t have to pay a down payment. I took the house because the offer was too good to pass on. My brother is divorcing and looking to buy. I want to sell him my home and find a different one. Can I do the same thing my mom did and he won’t have a down payment? Also what will that look like for me when buying my next home? Do I need a down payment or will it be taken from the sale of my current home? I want to help my brother out but it needs to make sense for me. submitted by /u/knitwizard93 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1tkq2f6/can_i_sell_my_home_to_my_brother_with_a_gift_back/

We are selling our house. It is a 3 bed, 1 bath, 1000 square feet home with a main floor, a basement, and a pull down attic. We accepted an offer that was significantly below our asking price, but only 5k below what we actually wanted (we put the asking price at what it recently appraised at, which we knew we probably wouldn't get). This offer was accepted after the buyers spent 2 hours at our open house, 1 of those hours technically being after our open house ended. After negotiations, before they sent the final contract, they told us they must see the house again. We approved their time, and they said they would be 15-20 minutes. They ended up being their over an hour. They just had their inspection done. It took them 3 hours total. When we originally inspected our house it took 1 hour, and the house we are buying which is significantly larger, took 1.5 hours to inspect. They are now saying they want to come back in for another inspection, specifically for pests. At this point, ...

https://www.zillow.com/homedetails/4608-Windy-Brook-Dr-A-Austin-TX-78723/110539427\_zpid/?utm\_campaign=iosappmessage&utm\_medium=referral&utm\_source=txtshare Asking because I have nearly identical home in same zipcode. I’ve seen alot of inventory just sitting and I’ve been reading it’s mostly overvalued homes here. Curious on what a good offer would look like submitted by /u/Any-Painting4428 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1tkmd3x/thoughts_on_listing_price/

Does that tracker actually tell the buyer anything? I suppose it would really have to be in context of other homes in the same market? (I'm 2 hours live on my home's listing with 245 views, 25 saves. But a bunch of those views are probably people I sent it to myself, just trying to light the fire.) submitted by /u/Familiar_Eggplant_76 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1tjmwoi/zillow_viewssaves_a_meaningful_metric/