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It seems like there are no good deals?

I'm a buy and hold investor, looking to purchase my next primary residence and turn my current into a rental. The problem is, nothing seems like a deal. During and pre-covid, prices and interest rates were both lower, while rents were not that different from today. It was possible to find a property in a decent area that would cashflow immediately, or you expect to cashflow relatively soon. Now, everything that I look at in places that I actually want to live would mean carrying a mortgage significantly more expensive than renting. It would only break even if prices went up significantly more than they are now, or interest rates dropped enough for a large refi. I think both of those outcomes are unlikely. It seems like the market is softening a little bit , but the gulf between what sellers are willing to sell for and what I am willing to pay is still too large. Not posting this as a rant. I want to get honest feedback on if it makes sense to sit on the sidelines for a few mor...
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What is a house or land feature that wasn't put in the listing, but if it was, it could have increased the asking price or triggered a bidding war?

I ask this because I lucked out on a house I recently purchased in San Francisco. The housing market in the city is cutthroat and street parking is a musical chairs of memorizing all the neighborhood street cleaning no parking schedules. The listing didn't say the house was on a private street. It wasn't until our offer was accepted that we got the property lot lines showing we would be also getting an easement for the street. So now we "own" the 24 foot portion of the street and sidewalk, allowing an extra parking spot that is exclusive to us. I believe if this was in the listing, we might have been outbid past our budget because parking is a premium in the city. One of the neighbors even rents their spot out to a person that lives a few blocks away. The house already has a 2 car tandem garage, so now we can free up a room in the house by putting the gym equipment in the back of the garage and I can keep my pickup on the street, allowing my spouse to park in the g...

Disclose next door neighbors loudly barking dog

This is of course a purely hypothetical question. What is a seller's legal obligation to disclose a next-door neighbor's extremely obnoxious dogs that bark loudly throughout the day? (Yes, these hypothetical dogs are violating city noise ordinance, no they have not been the subject of citations or lawsuits). They rarely if ever bark at night but bark loud enough to be heard in the adjoining houses most of the day. I know the ethical answer but I'm curious if anyone has encountered this issue in their real estate selling or legal practice. Edit: state is Pennsylvania submitted by /u/Usually_Sunny [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1xekzm9/disclose_next_door_neighbors_loudly_barking_dog/

Any sites to list a neglected house for sale without going through a realtor?

House will not pass appraisal and isn’t in the best shape. Also trying to maximize the sales price so I don’t want to hire a realtor. Where can I find a site or app that will put me directly in touch with cash buyers/investors and keep us as the only 2 parties? submitted by /u/RemarkableExample542 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1xek6rk/any_sites_to_list_a_neglected_house_for_sale/

Looking at homes before our house is even on the market.

Hello. My husband and I purchased our very first home a few years ago. It’s a small home less than 900 sqft. We thought we could handle this after the arrival of our baby this past summer, but with the lack of storage, no garage, no basement, etc. we realize it’s time to upsize. We are looking at a house tomorrow that is literally everything we want and more in the exact location we want. The problem is, would this be a huge issue for the seller’s if our house is not even on the market yet? We plan on putting it up this week. We are so new to this as we have never sold a home before. Any advice? submitted by /u/anonymoususer249 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1xdq8zj/looking_at_homes_before_our_house_is_even_on_the/

'Ugh… they are Black': Realtor's alleged text sparks Queens discrimination lawsuit

“A woman has filed a racial discrimination lawsuit in Queens after she says a realtor accidentally sent her a text message stating, "Ugh…they are Black," as she and her fiancé arrived to view a rental property in Flushing. CBS News New York's Carolyn Gusoff reports.” Source: https://www.cbsnews.com/newyork/video/ugh-they-are-black-realtors-alleged-text-sparks-queens-discrimination-lawsuit/ submitted by /u/Strict_Snow1996 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1xdg3uy/ugh_they_are_black_realtors_alleged_text_sparks/

Offering 15% under ask on a farmette that’s been sitting for 2+ years. Would you take this if you were the seller?

Mods, since you removed my last post. Here is one I hand-typed myself. Let me know if this is okay. I could also type it up on a type writer or hand write it with a pen and paper and re-post that. Looking for a sanity check from anyone who’s bought or sold rural-ish property, especially in the Midwest. My wife and I are trying to buy a 5 acre place in the far west Chicago burbs. 1999 cape cod, about 2500 sq ft of actual living space, though it’s been marketed at 3500 because they count a detached building that was permitted as a “game room” back in 2003 and later got a kitchen stuck in it. Barn, chickens, a hoop greenhouse that’s basically a skeleton now. Interior is all original 1999. Pet damage, original water heater, upstairs AC is dead. Roof and main furnace/AC are new though (2024/2025). It first listed in Aug 2024 at $830k. It’s been listed 5 separate times since then and is now FSBO at $774,900. Two contracts fell apart. The seller says both were financing but I’d bet money i...

How to navigate house hunting when you have different taste?

My Husband (32M) and I (31F) are in the very early stages of house hunting for the second time in our relationship. We live in Perth Western Australia. Our first property was inherited so we didn't have much say, but this one will be something we choose for ourselves. Our issue is that we disagree on a lot of the details. My Criteria Mid Century Modern A Frame with a modest garden (husband likes a mid century home, hates gardening. Feels nervous about an older house needing lots of updates/repairs and fears our cats will destroy any beautiful hardwood floors they come across) Colonial Cottage in a historic suburb (non-starter, husband does not like the realities of living in a house older than our grandparents, and isn't a fan of the suburbs I have in mind) Modern open plan townhouse in an inner city suburb (it could work for both of us except for the small kitchen as we both cook and have already outgrown our current kitchen) Owner build open plan home incorporating elem...

House selling success story

Home Selling Success Story: Under Contract in 3 Days I figured I'd share a home-selling success story, especially with all the doom and gloom surrounding the housing market lately. I think my wife and I might have had one of the easiest home sales I've ever heard of. My wife and I needed to relocate from Texas to Pennsylvania for family reasons. Around this time last year, we decided we'd put our house on the market during the summer of 2026 and see what happened. We hired a realtor, went over the numbers, looked at comparable homes, and ultimately settled on a listing price of $300,000. We originally purchased the house for $220,000 about eight years earlier. For some context, when we bought our house, most homes in our neighborhood were selling for somewhere between $200k and $300k. At the height of the pandemic housing craziness, those same homes were being valued at $400k to $500k. We knew those prices weren't realistic anymore, and we weren't interested in ...

Retirement town opportunism and collusion when a retiree days

I am not a doctor, nor do I play one on TV. I Live on the lower Oregon coast. Half locals, half retirees, half tourists and half golfers. Just from walking around and observing, it seems to me that when a retiree dies, the adult children are usually 500 miles away and suddenly having to deal with cleaning out and selling a 500k house. Kids think they are going to get 500k free money out of the house! Dream time. But then a Realtor or two comes in, as does an appraiser. Or two. Suddenly kids are informed of work that should be done, but probably only requiring 50 or 100k. Or so. Kids think, ok, we will still get 400k free money, so they approve it. 400k! Then the construction guys come in, and they find some leaks, roof work, flooring that should be replaced as well. Only 50k more. Probably. Probably, but we don't know until we start pulling stuff up. You can see where this is going. Suddenly all that free money starts dissipating, and starts feeding local industry instead. ...