Hi all, thanks for taking the time to read. My wife and I just came across a home that we're absolutely head over heels with. The issue is that the owners have it priced at $497k, which is nearly $75k over the next closest comp and allegedly have already turned down an offer of $450k. When I say closest comp there are three homes literally across the street with similar specs that have sold for $425k, $425k, and $430k. The home that sold for $430k is literally brand new and has tons of beautiful custom finishes. The other two are very similar designs, nearly identical square footage and condition. The seller is the daughter of the original owner and our understanding is this is an estate sale. Any advice for helping to message that we love the house, but we're not working to pay more than market value for it? submitted by /u/Zutes [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1riqobw/any_advice_on_convincing_a_seller_that_their/

I’m coming across basement photos with portable dehumidifiers clearly visible. Is this a red flag? Full disclosure? Or simply careless photography? submitted by /u/Ann_Margrock [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1riov26/dehumidifiers_in_listing_photos/

Planning for a future sale in California and want to ensure my title is clear. • The Facts : I bought my house as a "Single Man" years before marriage. I was then married for only one month. • The Divorce : Finalized via Default Judgment (FL-180). I checked the box "No community assets or debts to be divided," but the house wasn't specifically listed. • The Issue : I do not have a Quitclaim Deed from my ex, and I haven't seen her since the divorce. Since the marriage was only a month long and the house was always in my name, will a CA title company typically let me sell normally or will they demand a signature from my ex? Trying to avoid a "Quiet Title" action for a 30-day marriage. Thanks! submitted by /u/DifferentSwordfish64 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1rinl1w/ca_can_i_sell_my_house_after_finalizing_a_divorce/

My spouse co-owns a house through an LLC with their sibling. This was set up before we were married, mainly for estate planning purposes since their parents lived in the home. The house is fully paid off, but my spouse and their sibling have recently taken on primary financial responsibility for it. The issue is that my spouse can’t afford their share of the ongoing expenses (property taxes, insurance, utilities, maintenance, etc.) without my help. To make it work, I would need to contribute a significant amount toward their half of these costs. I’m uneasy about this because my name is not on the LLC, and I have no ownership interest in the property. Adding me to the LLC may trigger a reassessment and uncap property taxes, which could make the property much more expensive to hold. We’ve discussed that if something were to happen (e.g., death), they would leave their share to me. But that doesn’t really protect me in other scenarios, like divorce or changes to the operating agreemen...

I closed on a house in Texas last week and I feel as both the flipper and the agent have acted in bad faith in several instances. Now I may to have to pay several thousand dollars to fix an issue they agreed to fix in the repair amendment. First, the online listing stated the home had a tankless water heater. When I toured the home, I discovered that the home had a standard unit. I thought that it must have just been an oversight on the listing, but also thought it was weird that the brochure on the table said the home had a tankless water heater. I let it go. During inspection, we also discovered (among several other needed repairs such as a plumbing leak and a GFCI issue) that the electrical outlets were two-prong and the home and outlets were not grounded. We added the repairs, including grounding the outlets and home, as well as repairing the GCFI to function as intended, to the repair amendment. The sellers signed agreeing to complete these repairs before closing. Then the app...

Husband and I want to move some time in the next year. Not necessarily upgrade, but we want to move down to Florida to be closer to family as we will be trying to have kids soon. Our mortgage is completely paid off. The area we live in has gotten extremely popular over the past few years, our house's estimated value has almost doubled since we bought. We are divided about whether or not to sell. If we did, we could put a significant amount into the new place and if we didn't, we'd have to take out another mortgage and start all over, obviously. It just seems silly to let go of this house now when we could rent it out and probably sell for a lot more five or ten years down the line. But of course, no one can fully predict the future. On the other hand, even if we used a property management company, which we definitely would, the idea of being in a whole other state and being landlords makes me nervous. We have absolutely no experience with that sort of thing. I also don...

submitted by /u/Less_Huckleberry261 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1rhrcbh/will_there_be_a_fall_in_real_estate_prices/

Why isn't it easy in this advanced computer age to make simple filters like only showing homes at least X distance from a highway or major road? Is there such a method? submitted by /u/wolftune [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1rh2pko/better_search_filtering_like_avoid_nexttohighway/

Hey all, I am looking at selling my home soon. Market estimate is $1.125 so we'll probably list at $1.15. My garage is a 16x8 Wayne Dalton colonial style with the insulated panels, however, we live in a relatively windy area and the garage is west facing. The builder didn't add more than basic strut supports, unfortunately. Because of these two issues, I have some vertical creases that have formed between panels from the wind pressure, and since it's westward, I can't paint it black to potentially hide the creases (the temperature variance could lead to delamination of the insulation). So, my question is whether it's worthwhile at this price point to install a new door with the support struts, and if so, should I get a typical white colonial door or should I get a carriage door? My house is white with black accents, would a from-factory black door provide better returns? Functionally the door is fine. The creases aren't huge, but I don't know the impact ...