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Help me please, FTHB.

Okay I’m going to try and make this as short and simple as possible. I need advice really bad. I’ve been looking for a home for ~ 6 months now. It has to be VERY specific because I have 2 businesses I run from home (one dealing with horses and one dealing with dogs). So it’s been hard to find something comfortably in my budget, and also laid out right without needing a TON of adjustments to make it work. Found said house a week ago. Toured it twice. It’s been on the market 37 days, has 79 saves on Zillow. Starting price was VRM $275,000 - $295,000. They dropped the price to $265,000 on July 1st. They have had one couple that toured it twice, but never made an offer. My realtor thinks that’s it. Here are my issues. The layout is almost perfect. It’s on 6.5 acres of ~mostly cleared land. Already all fenced in. I wouldn’t have to do hardly anything to make it workable for my businesses. Some quick notes about the house and at the end I’ll give my hold up. - Built in 1962. Purchased by ...
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Please help me assess what price range we should be looking at for our first house

Hi all, My (28) gf (26) and I are getting engaged very shortly and will be looking for a home. We would like to buy a home that can last us 20 years or so, if possible. We currently have a combine salary of 160,000-170,000 USD. I also have around 100,000 in savings set aside for a house and kids and my gf received a trust via family will of around 500,000 USD. Considering all of this, I want to believe we can put down enough to get a house that will last us a while, but I have not done tons of research quite yet if I’m being honest. I wanted to see what people’s thoughts were for an appropriate price range. We live in a relatively expensive US city, as well. submitted by /u/greenj57 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1v0rdgb/please_help_me_assess_what_price_range_we_should/

How does something like this happen

A bunch of folks build cabins on a lake (I presume with permission), and a new owner can just kick them out. https://www.texasmonthly.com/culture/cast-out-of-eden-lake-diversion/ Do folks think that they can just put cabins on land that they don't own, and not worry about the owner changing the policy? submitted by /u/swampwiz [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1v0jall/how_does_something_like_this_happen/

Is this a brokerage dropping the ball? Help!

So my husband and I are selling our home through a brokerage because we did not get great equity on the house. My brokerage posted all pictures on MLS and I did edit some of the pictures that were professionally taken because we changed the wall color and lights to be more appealing. Every other detail in the photo is the same. It does make a big difference. The issue is, on Zillow only, when you click on the pictures individually, it reverts back to unedited version. My broker who loaded them on MLS does not seem to know what to do so in my research, it said to scrub the metadata which I bought a subscription to a website that does it and did this. She uploaded and it's still doing this. Does anyone have experience in what is happening here and is this something my brokerage should know/be solving? Considering dropping and paying the money for a real estate agent but unsure if they would know either. Would appreciate any help very much. submitted by /u/Denial_Ente...

How is this possible?

I used to live in Southern California and my tiny little house about 30 miles from this location was only 890 sq ft single family residence. Property taxes for it right now are somewhere in the ballpark of $7,000/year with a property value of around $700,000. https://www.redfin.com/CA/Escondido/360-E-Washington-Ave-92025/home/3952583 The property linked is an apartment complex worth approx $6mil but the property tax is only $1,938??? If you look back at the listed price for 2019, that's the only one that seems more accurate at $70,060 for the year. How is it that the property tax for homeowners is around 1% where as based on this $1,928 for $6mil is .03%? Is there some special tax break that apartments get? submitted by /u/getonurkneesnbeg [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1v04wtx/how_is_this_possible/

Fence debacle

Location: Colorado Hi y’all, Looking for some advice. We live next to a rental and the fence between us is falling down. There are holes in which our cat has escaped to their yard and the renters dog regularly pokes his head into our yard, which worries us as we also have a dog. The fence is on the property line. The landlord responded to the estimate from our contractor that he has been on medical leave for three months, does not know when he will return to work, unfortunately cannot afford a new fence and simply wants to fix it. We have yet to respond. While I really want to believe him and feel for him, I also looked up his record. He’s a real estate broker and houses.com tells me was a seller for a 600k home, and a buyer $1.4 million in homes this year, and two of those sales were in June. He also owns three houses in my town. We recently redid the fence on the other side which was in a better condition than this one, and the posts were all rotted and had to be replaced. I’m w...

Is it important to stage a kids/baby room?

We have a guest bedroom and are wondering if we should stage a single bed inside, two beds inside, or even a crib, to hint that it's a baby or kid's room. I see SO many listings with cribs! Thoughts? submitted by /u/SitaBird [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1uz8dhv/is_it_important_to_stage_a_kidsbaby_room/

Purchase agreement while filing quitclaim deed transfer

Our home (Michigan) is in my partner's name alone, we never got around to adding my name to it. We have a motivated buyer who is eager for a purchase agreement. We need to file a quitclaim transfer to put the home in both of our names, because it grants us some benefits through my new employer's relocation assistance program. We have the paperwork started for the deed transfer, my partner needs to sign the paperwork next week and file the document with the records office. The buyer was really hoping for a purchase agreement this weekend. Would it mess anything up if we had a purchase agreement sent over to satisfy them while we're in-process on this deed transfer? Or does the deed transfer need to be finalized and filed before we can send a valid purchase agreement? submitted by /u/relatively_newish [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1uz4t6o/purchase_agreement_while_filing_quitclaim_deed/

21' decommissioned alley for sale

It runs the adjacent to the length of my house's lot (21'x150ish'). There is a power transformer maybe 3'×3'x3' at the very end of it, so I am assuming the electrical company has access rights? It just a dirt path that use to be an alley 30+ years ago. I thought the alley was owned by the city, but county records show that it is not. It is terribly overpriced (the agent seems to be pricing the sq ft as if there is a building already there). And I don't want someone trying to build on it. I spoke to the other adjacent neighbor and we like to buy it and split it. Take 10.5' each and add to our parcels, or keep them separate depending on taxes. First, how do make the owner realize that it is overpriced? I don't want to insult them, but it is overpriced for a vacant lot. Second, has anyone done this successfully? Bought and then immediately split a parcel? I am going to hire a real estate attorney but I want to hear the sucesses and the horrors. Thank...

What are some of the best land acquisition companies in the renewable energy industry?

Our company (a developer of solar and BESS projects) is looking to expand our greenfield land acquisition campaign - wondering if anyone has any positive experiences working with 3rd party land acquisition companies or land agents they can share? I came across this company onCORE Origination ( oncoreorig.com ) that looks professional and successful - but curious if anyone has worked with them in the past. submitted by /u/ResidentPart7977 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1uywws9/what_are_some_of_the_best_land_acquisition/