A house up the street caught fire from me, but from what I can tell most of the damage was to the interior and then some cosmetic damage on the outside. It’s clearly not inhabitable as the people that lived there haven’t been back since it caught on fire, but it got me thinking about what happens to houses like that. Is it worth it to completely gut the inside and put in a new interior, or would it be better to sell as-is to a developer that’ll just knock it down and put up a new house? submitted by /u/FloatyFish [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1sz75d8/what_do_you_do_with_homes_that_caught_on_fire_but/

I spoke with a realtor and they recommended professional staging, saying the ROI is well worth it, but I'm not convinced. They say it would run about $3k-$4k, I would have to essentially move out, but could have an ROI of $15k-$25k. I AM convinced about staging in general vs an empty home, but I am not convinced my own furniture isn't just good enough. I already am working on downsizing and decluttering and I have fairly modern furniture, the rooms would basically just have a bed/bedframe, and a desk. Couch/TV, etc. Lots of basic things as I get rid of more and more things. I'm struggling to decide here, because if I am going to have my place professionally staged, I would rather just move out, but there's a lot that comes with that as I'm moving across the country into an apartment (so I need to get rid of a lot of large and small items) and I would want to list before Memorial Day weekend. However, if I just stage with my own items and leave for the open house/...

I am an apprentice union construction worker and i am early in the program and i own a small successful lawncare business. Me and my wife have been renting the past two years and don’t have the greatest credit (it’s not horrendous or anything but definitely not the best) and we would love to be able to settle in to a home that we can call ours and build on in 6 months when our lease is up. A few more years into my apprenticeship program i will be making killer money + my side business + her job so genuinely i think a rent to own type of situation would fit us perfectly as our income over the next few years projects to increase pretty drastically. I have read good things and bad things about these kind of agreements and i don’t even see any listings for them in my area so i would probably have to do some searching. My aunt is a real estate agent and uncle works with home loans so i have some people i could talk to. Just here to ask if seeking this kind of arrangement out sounds like it...

I own a 2 bed 1 bath single family home with a fenced yard in a downtown area in maryland worth about 300k. I owe ~175k on the mortgage, and my interest rate is 2.75%. My mortgage, including everything, is 1380/month, and it is currently rented for 2800/month, but I’m unsure if i’ll be able to get that much again. The job market sucks and people are feeling the pain right now. The lease ends in june and the current tenant is moving out. I’m wondering if I should sell it and invest the money or put it towards my primary mortgage (6.5%) or keep it and deal with the work. I’m new to this (I started renting last year) and am a bit overwhelmed with having to do this process again. submitted by /u/Unlucky-Ad-5744 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1sy955n/keep_or_sell/

Hi all, My husband inherited a 1.5 acre lot from his parents and we don't have the time or interest in fixing it up. We contacted an agent and we signed all the documents, including Texas Realtors form 'Residential Real Estate Listing Agreement Exclusive Right to Sell'. The week we did this, we told the agent to give us 2 days to get to the property so we could mow it and leave her the keys so she could bring a key box and get the photographer out. We had this done on April 12th. Since then, our agent hasn't even stepped foot or seen the property in person, has not brought a lock box or a for sale sign, and there has also been no pictures taken. We are frustrated because we just want to get the show on the road and she doesn't seem motivated or tells us she will try to make it out and doesn't. The contract we signed with her stated the listing date began on April 11th and ends October 31st, but as of this moment, there have been no pictures, no drafting of t...

So I want to do a fast sale of my single family house. It’s in bad shape and needs Many repairs; I am unable and unwilling to do anything about them. I have spoken with two agents who also do flips and one knows of a person looking for a tear down to build in this area (highly desirable area). I have two parcels of land so someone could build quite a large house on the property. I’m looking for advice on how to choose a realtor. I have never sold before and need to get the most money out of this as I can. I bought in 2017 for 100k and have a mortgage at 4 1/4%. I have around 80-85 left plus a heloc of 9500 plus some debts I need to pay off. Any advice or suggestions would be most helpful. submitted by /u/Original_Flounder_18 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1sxzsav/wanting_to_sell_as_is_in_wi/

So, we (me and my 2 siblings) have inherited a 6.5% interest in a commercial property. As executor, I gave everyone the option to purchase this interest at a 15% CAP rate. This make sure that whoever buys it, will at minimum get their cash out over the course of the lease (5 years left), and also made it clear that if tenant renews, then it is a great deal, but that is a big IF. You could be left with an empty building worth about 30% of its original cost. Basically, they bought a 15 year lease and are making 7% on the cash invested. So now you know the backstory. Neither of the siblings want the property, so I have bought them out. My question is, how to I document the transfer of interest to me from the estate? I only have a 6.5% interest, so I assume I have no need to get a quit claim signed. I was thinking a memo of understanding between the parties stating that they have been paid and have no interest in the property, and the interest will go to me. Have this signed and notarize...

Long backstory.. Our current agent has sold a home of ours and also bought our current home. We are looking to buy and sell again so we signed a buyers agreement with them. We have been looking since September 2025. We admittedly do have a steep requirements list that I think our agent doesn't really like because it makes it harder to find a suitable property. We missed out on a property that was bought sight unseen. I expressed my concerns that I didn't think it would make it to market when I saw the "coming soon" listing but my concerns were dismissed. I brought it up multiple times and we were considering maybe doing the same to have a chance. I was told essentially I was being silly and that our requirements are not the typical ones of most buyers so there shouldn't be an issue. Well after an hour long call about the property, I get a phone call right back from our agent saying it's under contract. I was pissed. After that moment our agent told us th...

Hi everyone, I’m personally a first time buyer. My husband and I have been renting (a one bedroom apartment) for about 5 or so years now. We have another kiddo on the way to make us a family of four so we definitely need to upgrade. With that being said, grandmother is helping my family put a down payment on a condo. She is strict about the condo and not a home as maintaining a home would be more costly - I do agree with her on that. Condos that have peaked my interest are townhouse styles condos which I noticed also come with an HOA fee. The original complex we were looking at which had two condos for sale, we missed grabbing them. One went into contract before we were able to place an offer, that has since closed. The other, which needed heavy maintenance, went way over its asking price and is now pending. The HOA fee for this one was under $400 which I personally didn’t mind. The units were about (1.2k - 1.4k square feet) Now, this new unit that I noticed that went on market tha...