Skip to main content

New neighborhood builder changing things from original community design and I’m livid.

Let’s start with change number one. They put in a speed hump right in front of my lot. Signage on both sides. Looks like shit. After I expressed disapproval and how it may actually conflict with where our driveway is going to be it looks like they filed it down and put in another one about 30 feet away. Wonderful.

They told us there would be a pond across the street and now it’s been decided it will simply be a dry pond. Cool, keep making changes.

Now the final nail in the coffin.
They have now added a paved walking path down the property line on the east side of the house and it connects to another that runs down the entirety of the back yards of all the lots. None of this is on the original community map and the sales rep we worked with specifically said the only path would be a few houses down to make a connection to another street where a playground will be. I mentioned how walking paths all around my house would be a dealbreaker for me and they ensured me it was going to just be that one path. I mean what the hell? I don’t think I have any legal leg to stand on besides my lot but this is just so wrong to paint this picture in your prospective buyers heads and then start chipping away at it one change at a time. Is this normal? I may walk....

submitted by /u/aso1616
[link] [comments]

source https://www.reddit.com/r/RealEstate/comments/j1nwrq/new_neighborhood_builder_changing_things_from/

Comments

Popular posts from this blog

North Carolina – “One to Buy; Two to Sell”

I realize I will likely have to contact a real estate attorney but also hoping to hear insights and experiences from others! I have a house in NC that I bought by myself in 2009, and paid off, in full, in 2022. I got married in 2023. My spouse and I have not lived in the house as our "marital residence". We have maintained separate residences even after we got married. (That a separate topic!). I am now selling this house. Realtors have told us that my husband has to sign the deed at time of transfer but I am not convinced since the house has not been our marital residence. The realtors like to use the phrase "one to buy; two to sell", which seems like a broad-stroke statement which is not applicable under all circumstances. And of course, the realtors don’t realize the details of my specific circumstances: I purchased and paid for the house in full prior to marriage Only my name is on the deed And most importantly, we have never lived in the house as a marit...

Aren't comps/CMAs useless with buyer credits at close happening now?

I'm looking into buying a new construction townhouse in my HCOL US city. I'm seeing builders offering interest rate buydowns worth $20k-$60k on $800k homes (rather than just lowering prices) in order to keep their comps high for their other units, now that buyer demand has been declining. I asked my agent about these, and he said these buydowns aren't even the full story: buyers can write all kinds of other credits into an offer, like their closing costs, prepaid sewer fees, etc. Apparently cash buyers can just write in a "buyer credit at close" for any amount in their offer. So a new townhouse that appeared to sell for $800k in the MLS might have actually been a cash offer with a $100k+ buyer credit at close, meaning the buyer only spent $700k or less in total, but to the rest of the world they can only see the $800k! So that made me realize I can't trust comps/CMAs for other new construction townhouses. The sales prices could be way lower than they appear...

Co-signing as non-primary resident - effect on size of required downpayment & first time home buyer status?

Contemplating co-signing on a house with my mom and splitting the mortgage payment. I currently have a significantly higher income and much better credit than her. I'm looking at potential home costs and related downpayments but have difficulty using some of the online estimators. From my perspective, this would be somewhat of an investment purchase (I intend to stay in my current location in a different state and contribute to the mortgage), however, for my mom, this would be a primary residence. For purposes of the downpayment size and the type of mortgage arrangement, would it be an investment property or a primary residence? Many thanks for any help. submitted by /u/piercalicious [link] [comments] source https://www.reddit.com/r/RealEstate/comments/km4hvl/cosigning_as_nonprimary_resident_effect_on_size/