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In case anyone was wondering, Opendoor is definitely a scam

Listen I realize my title is a bit melodramatic because at the end of the day this is just one person’s experience, but if you read other accounts in this sub you will certainly find a pattern. And I want to be clear that I don’t believe the “scam” involves the service fee, because that’s very clear upon initial offer. Predatory and targeted toward desperate folks? Perhaps. But not a scam. Here is how they get you after acceptance of the initial offer… Repair addendum This is the most well-documented aspect in this sub. Language in the due diligence inspection report will be taken out of context, exaggerated, or otherwise used to diminish the offer without transparency. It does not matter if you disclosed and photographed the issues when you created your home’s profile on the app (which should be accounted for in the initial offer). They will not provide an itemized list of repairs deemed necessary or how much they estimate the cost to be. It’s just a number. Through great effort (se...
Recent posts

Floor plans, please.

Can we start a petition for all listings on Zillow, Realtor, etc to include a floor plan? My husband and I are the early-ish stages of house hunting for our next home for our of family of 5. Layout is one of the most important factors in if a home will work for us or not- even more than square footage. I don’t want to waste anyone’s time by looking at houses that aren’t functional for us. Why isn’t this the norm? submitted by /u/Frosty-Cricket5911 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1umdr78/floor_plans_please/

Looking for production builder floor plans similar to Perry 4994W or Britton 656A in Collin County

Hi everyone, I am trying to find production builder floor plans similar to the Perry Homes 4994W and Britton Homes 656A. We are mainly looking in Collin County or very close nearby areas. Prosper, McKinney, Celina, Allen, Frisco, Melissa, and nearby communities would all be relevant. The main things I am looking for are a large open layout, strong kitchen design, large family room, good bedroom placement, and a floor plan that has a similar overall feel to those 2 plans. Does anyone know of other builders with comparable plans in or near Collin County? Also, for those familiar with production builders, do builders usually bring certain plans into future communities, or are plans typically locked to specific communities and lot sizes? I am mainly trying to understand whether I should keep waiting for these specific plans to appear in the right area, or whether there are similar options from other builders that I may be missing. Thank you so much for your help in advance! s...

More of a rant

Our house is currently on the market and has had many showing requests which have been great! However; I work from home, have two kids, and 3 large dogs. Getting everyone out of the house and staying gone is no easy task. I would say 8/10 of the last showings have been late or 2 with no shows completely. And by late, I’m talking 15-30+ minutes late. If not for my ring camera, I would have gone home and been sitting unprepared when they finally show up thinking they have already came and went! I have had to reach out my agent for him to reach out to them to confirm they are still coming. Not one of them have reached out first to communicate running late or cancelled showing. This can’t be normal? Buyers agents need to be more considerate of seller’s time. Thank you for coming to my rant and staying the entire time. Editing to say that they are scheduling a time block for 15-30 min. When I say they are late, I mean late past the time block. Just now, showing was scheduled at 12-12:30...

Paying OFF at lot of debt before close?

I know you are NEVER supposed to take out a lot of debt before starting loan process and closing. What effect would paying OFF a ton of debt have? I bought new land with a short term note $85k to start build process. We are in underwriting for our construction to home single close loan right now. Oir old house is on market and just recieved offer that will cover old homes mortgage AND the new land short term note. Will closing those accounts tank my credit rating and screw up my new construction to close mortgage? Or since it's all real estate, no big deal? EDIT: We already have cash reserves for move, etc. Only other debt is car note at 4.75%. Have zero balance credit card too. The offer is CASH on old house so quick close. submitted by /u/Margali2 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1ulr1qf/paying_off_at_lot_of_debt_before_close/

Backed out of a lease, place was rerented immediately, landlord wants to keep security deposit

My circumstances changed and so I backed out of a lease. I told him before my move in date, and he was able to rerent the place starting a few days later. I have offered to pay those days, but he is insisting on keeping my full security deposit. I talked to a real estate attorney, who said legally he can’t “double dip”, which he is doing. He just moved out so he can’t really say he could have rented it earlier. My option at this point is small claims. Is it worth it? I believe I have all the evidence in my favor and it is not a small amount of money, close to $3k. There is nothing in the lease that he can keep the security deposit as an inconvenience fee, I feel bad for backing out, but he was able to rerent it almost immediately so I don’t feel he should keep my money. Any thoughts? submitted by /u/PerfectConstant1120 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1uk31d2/backed_out_of_a_lease_place_was_rerented/

Why no price listed on real estate sale signs and flyers??

Is this a new thing? Kind of a vent here. I realize everything is usually available online but if I’m out and see a for sale sign with info about a property via flyers or a permanent info poster, there’s hardly ever a price listed. I gotta dig for it online. Anyone know why? It’s super annoying to have no idea about even the range. Maybe it’s just my area…but I think it’s a mistake if you are a broker is choosing this route. I would think it’ll slow the process if someone is seriously interested. submitted by /u/mydoghank [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1ukld33/why_no_price_listed_on_real_estate_sale_signs_and/

Can anyone help me. My mother needs to track down a death cert for her mom to clear title.

Emailed funeral home for a copy but no luck. My mom doesn't have a credit or debit card but has valid ID. Live close to Philadelphia. Any suggestions or help appreciated! submitted by /u/poopmasterrrrrrr [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1uk3pt3/can_anyone_help_me_my_mother_needs_to_track_down/

Feeling a bit underpowered in the market.

Me and partner live in TN. Both make together 60k a year. Living in rural area. I feel like I want to be a home owner, but with how the market is, I’m not sure is possible. I’ve considered manufactured homes but my parents say that’s a terrible investment, it’s like a car and will just depreciate over time. Any tips would be useful Edit: in-laws have extra land willing to gift us 1 acre, but it’s about 25 minutes from town. But unsure if living on same property as the parents is a good idea. submitted by /u/slotmachinebox [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1ujzgtr/feeling_a_bit_underpowered_in_the_market/

Question about Staging?

Hello! I’m looking to get some feedback on a situation that is a bit unusual, so please bear with me. I currently own a condo and just over one year ago, our building was struck by a tornado and suffered pretty severe damage as a result. The roof was destroyed, and extensive flooding occurred, requiring a full restoration all the way down to the studs. This restoration took just over a year, and thankfully it turned out beautiful. Due to the storm, I lost ALL of my furniture (bed, couch, desk, etc) when I moved out. During the year I was gone, I also made the decision to sell my home once the repairs were completed. Ultimately, I was able to move back about a week ago. As I have never sold a home before, I mistakenly thought that not having furniture would be an asset to the sales process. When I purchased it myself, the previous owner had already moved out, and it was completely empty (I was wrong). However, I’m now working with my real estate agent, and she’s stressed the import...