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Saw a home with a different random realtor, now we are interested in purchasing said home. Did we f up?

tldr; Saw a house we actually liked with a different agent than our regular one by tagging along on someone else’s tour. Did we mess up if we ultimately put an offer in on the house? We have been looking at homes for a few weeks now with little luck. Pretty much every single one has a major issue that takes it entirely out of consideration. During this time period, we have worked with one specific realtor who has done a great job and we want to stick with. On our own we have also been going to a few open houses here and there. Here is what created the problem. We went to what we thought was an open house. Turns out the website we saw it on pulled the wrong info, and it was a week later. Through pure happenstance, a different real estate agent with clients came at the same time for a scheduled showing. At this point, either the clients or agent (can’t really remember which) offered if we would still like to see the house, they wouldn’t mind us tagging along. Reason being, they weren’...
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Emptying and selling in-law’s home

My husband and I have the enormous task of emptying and selling his mother’s home. Luckily she wasn’t a hoarder or anything and we’ve had some time to prepare, so a lot of the junk is already gone. Does anyone have any tips or resources for how to go about this? We will be living in the home while we clear it out, so that kind of complicates things. submitted by /u/Expensive_Goal_4200 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1vk078u/emptying_and_selling_inlaws_home/

Hiring a team to negotiate for me.

I want to negotiate on Ben Mallah's house and other properties, but to say the market is over-priced is an understatement. I'm aware how dealers and brokers transact with each other to run up the price, but then they all end up with inflated inventory that just sits. Dealers/Brokers use the price points on Zillow, Bring a Trailer, Cars and bids to signal value to retail buyers and get bigger loans with cash-out refinancing. Where is the buyer who wants a tuscan house in Florida? They dont know about planes? Realistically, the buyers for this got vaporized. The mechanics that allowed people like this to get rich sitting off their asses is ova. This is the perfect opportunity to low-ball the shit out of the house. It's ok because Ben would advise it. If dealers are going to inflate the costs and fck the middle class with PPP loans and ZIRP era shenanigans, the least they can do is provide content for social media. submitted by /u/Heidi_PB [link] [co...

Another rent or sell situation.

I own half a townhouse. Strange area for housing prices. I snagged it 12 years ago for 42k. My financial situation made me take out a 30 year loan which seems silly but it is what it is. I still owe $30k. Assessment is $120k, so we have some good equity. 3 bed, 1 bath, 2 car garage, good sized yard. We just purchased a large 2600 sq/ft 6 bed, 2.5 bath, 2 car garage house. It was a foreclosure, and all the copper had been stolen out of it so it needs plumbing and heating redone. We got it for $45k. Contractor says $70k to get it to living condition. I figure I could rent my current home out for $1600 a month. But then I have $120k in debt on the new one to pay back. Or do I sell it, and pay down all or most of the debt on the new one. Looking at all my options and would love some opinions. submitted by /u/SkittleCar1 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1vjo6ve/another_rent_or_sell_situation/

Would you buy a dream house if the land behind the backyard is zoned for a 5 storey 55+ condo?

The home and property check allllll the boxes. Beautiful well-kept, treed and fenced backyard on a pie-shaped lot. Large kitchen. Gas fireplace in the living room. 5 bedrooms, 4 baths. Mudroom. New hardwood and ceramic tile floors. Within budget. The only problem is the potential for a future 55+ condo overlooking the backyard. I believe the condo would be 40 feet from the property line. I estimate we would see 1, maybe 2 storeys above the trees. I believe this has decreased the price significantly. We would not be able to afford a home like this otherwise. Additional info: - We live in a cold climate where it’s only balcony weather 5 months of the year. - the condo would be to the north and not block any sun. - we currently live in a duplex. The neighbours keep 6 mini poodles on the other side of the shared wall, and there’s a loud concrete factory across the street. We are used to a lot of noise, so I think we could handle construction noise. submitted by /u/s-aman...

Seller completely shut us down, no counter. Anyone have this happen to them?

Saw a house twice. We waited a week to offer on it as my husband had surgery and I wanted to wait until he wasn’t loopy to make an offer. Listing says motivated sellers…the seller is an older woman and her mother. I think it was intended as their forever home but her mom could not get up stairs anymore. They’ve already moved from the home so it’s vacant/empty. Been on the market 3 months…again, they made a huge deal about how “‘motivated” they are and the seller is literally begging people on fb to share it and that she needs help to sell. Offered right at 10% below asking which my realtor thought seemed decently reasonable. He even told me they seemed highly negotiable before we put it in. They rejected with no counter. We verbally offered up to 5% below and they still rejected with no counter. It’s obvious they do not even want to attempt to negotiate or speak with us, they are very short and have said both times “good luck” I am left baffled. Obviously there’s not anything we ca...

Florida, California, and Texas remain the most popular states for foreign buyers, with 47% of these international transactions nationwide being all-cash deals.

And the other buyers are private equity groups like Blackrock. Top 5 States for Foreign Homebuyers—Where Nearly 50% Are Paying Cash for Homes submitted by /u/Minute-Intern-682 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1viqfec/florida_california_and_texas_remain_the_most/

Is the realtor supposed to be at showings?

I reside in a three-story house with a basement and an attic apartment that have been remodeled. The main floor, however, remains in disrepair and it’s not in the pictures of the house that’s up for sale. Two weeks ago, my landlord cousin informed my uncle that the property was up for sale unexpectedly. It was strange that she didn’t even mention it to me since I’m the one paying the rent. I’ve been complaining about numerous maintenance issues in the past six months. It appears that the landlord is reluctant to address these problems, as it took him an eternity to fix the hole in the wall caused by burst pipes in December. My landlord cousin, who is also a handyman, finally fixed it. She mentioned that the property has plumbing issues and that the pipes keep breaking during the winter, the owner, her cousin is too cheap. Now, all of a sudden, the property is up for sale. A few days after the property listing went live, the realtor had contacted me because the landlord cousin gave out...

Experiences with Point (HEI)?

Hello. I’ve been having issues selling my home as it is owner occupied, and I was looking into options to tap into my equity in order to move into a new home, leaving the one for sale vacant (+ making minor repairs). I’ve been looking into a HEI through Point. “ Point's Home Equity Investment (HEI) provides homeowners a lump sum of cash (typically $30,000 to $600,000) in exchange for a share of future home appreciation. It features zero monthly payments for up to 30 years, no income requirements, and accepts credit scores as low as 500” According to their calcs, if I were to borrow $40,000 of equity, as long as I sell my home within the year, at around the price of my current home value, my total repayment would be $47,590. This repayment remains $47,590 even if I sell it for a bit more. However, if the home did not sell and it were to take say, 3 years, I would owe north of $70k. Is there more to this? Does anyone have experience working with Point… Worth the risk if I am looki...