Hi! we own our home in BK and we are hoping to buy something Upstate - not in a rush but would like it to be sooner rather than later. My husband thinks the list prices are misleading as the houses will close for (far) more, but I feel like I’m seeing things hanging around longer and longer in this market . Does anyone have any recent first hand buying or selling experience here? Or clues about second housing market forecasts? I learn so much on this thread -good luck everyone submitted by /u/Business_Yard_6859 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/ovadw5/upstate_ny/

Long story short. I've been doing the open door home reserve program. It's been one thing after another. Now it's time to close and wrap it up and I have a big problem. Opendoor advertises 1% of the sales price at closing if you buy with them. 1% of my 620k sales price is $6200 . That's a lot of money! Anyway before we bought and several times after we asked about the 1% and were assured we were eligible. I even have screenshots of the opendoor rep telling me not to worry.. Now that it's time to close. Surprise! Since we did the home swap we are NOT eligible and sorry the opendoor rep was wrong and you should have read the contract. That's $6k I've been counting on. I could go on and on about all the snags we hit along the way but this one is big and I'm not sure how to handle it. Anyone have any good advice. submitted by /u/KyleScore [link] [comments] source https://www.reddit.com/r/RealEstate/comments/ovau0x/need_help_with_an_opendoor_purc

We own a home near downtown Denver. It’s close to the zoo, there is new retail development within a few blocks, and a new greenway. We don’t want to live here anymore, for reasons that it just doesn’t work for our family. However, we are torn on whether to sell or rent it out. It needs some work (new roof, for example), and we’ve never been landlords before. I tend to think we should sell, and if we want to buy back into the neighborhood in a few years we can. However, we have a LOT of equity, based off of when we bought it, and we start questioning it keeping it is the better investment. We’ve gotten approval for either route with our lender, but we’re not finding houses for either scenario that are a slam dunk. Which would you do? We go back and forth. submitted by /u/The_Natural_Lens [link] [comments] source https://www.reddit.com/r/RealEstate/comments/ovagrz/to_sell_or_not/

Hello, I want to teach myself Argus enterprise to improve my employability, but I’m broke. Does anyone have the case study manual, a subscription or anything else I can use to learn the software? Beggars can’t be choosers, and lord knows I’m a beggar. submitted by /u/Mecha_Jesus_03 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/ovaazk/argus_enterprise/

Hey Friends - I just took a look at some pieces of land to build my next primary residence on. I previously bought a new home direct from a builder that also owned the land - but this structure is going to be different. The land is owned by a real estate investor & there is a building partner that will build the home. This requires a build to perm loan? Wanted to see if the community could help me know what to look out for when I call my mortgage broker? Thanks! submitted by /u/Targi3 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/ova74s/build_to_perm_loans/

Thank you in advance. submitted by /u/jvLin [link] [comments] source https://www.reddit.com/r/RealEstate/comments/ov9u2f/ca_what_is_a_departing_appraisal_fee_its_in/

I am military and will be moving in the winter, it will be my first time buying a house and the timing with not being able to look at it beforehand makes things tricky. Is it bad practice to buy a house based on pictures/FaceTime alone without physically being there to see it, or would it make more sense to rent for a year and then start trying to buy a house when I am in the area. The only downside to renting temporarily I can think of is not living in the house for as long and missing out on some of the essentially free money the military gives you. Thank you submitted by /u/J-Zinsk [link] [comments] source https://www.reddit.com/r/RealEstate/comments/ov9ngd/should_i_buy_a_house_without_physically_looking/

If the home is nowhere near ready, how does financing work? Do you put a deposit and put a mortgage on hold? submitted by /u/Startingout2 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/ov9nfg/how_does_buying_a_new_construction_work/

Backstory/Context. My grandparents lived in a beautiful home which they purchased in the 60s in the Magnolia area of Seattle, WA. My grandfather passed in the late 90s, but the home was owned by this point, and my grandmother continued living there until she needed to move into an assisted living facility in about 2015, and her son (my dad) and daughter (my aunt) decided to hire a property management company to rent out the house to help pay for the assisted living facility expenses. After my grandmother passed, they decided to sell the house, which came as a bit of a shock to me and my siblings given the sentimental value that place held for us. Value. Beyond sentimental value, the neighborhood in question is very desirable one in the Seattle area, where home values have been going up steadily over the last 15 years. The house was sold for a little more than $1M in 2019. This money was split between by dad and his sister. Before the sale, we asked why they wouldn't keep the ho

Hi! I found a realtor that offers a commission rebate of upto 50% so you get part of the commission of the sale back. Is this a legitimate thing? Is this something I can negotiate with another realtor? submitted by /u/cheese_eats [link] [comments] source https://www.reddit.com/r/RealEstate/comments/ov97ss/commission_rebate/

I've got all the basics from the Tax assessor's (Seller, Owner date of sale all that) And I could probably find it on my own (if I spent a few hours scraping Searx, ddg etc) or possibly public records (which are a Serious Butt Hurt to "find the back door"). The property HAS to be insured (I think there's a state law, looking into that), or so the owner "claims"... I don't know enough (yet) where or how the that information is stored. Is there a direct, expedient way to LOOK UP said insurance company & the nature of the policy. I realize this might be "pay to access" data - I can blow a little change if I get the NEEDED INFO . I can't afford 0-Reward for $-Risk Any input or feedback, leads would help vastly Thanks in Advance VW submitted by /u/virginwidow [link] [comments] source https://www.reddit.com/r/RealEstate/comments/ov93ap/research_what_insurance_co_type_of_policy_by/

I’ve been in a rental for over two years where the landlord has refused to fix a lot of things. There is a pool of water under the leaky fridge everyday, the AC doesn’t work and the HOA won’t allow window units, leaky faucets etc. This landlord has a month and a half security deposit that we paid and knowing him I’m afraid he will make up repairs to retaliate against us even though we’ll be leaving the place in much better shape then it was when we came. What are our options? Can I just tell him the last month I’ll use the security deposit for the monthly rent? Note, we never renewed a lease after the initial one in the first year expired so we are on a month to month if that matters. submitted by /u/AlteregoIam [link] [comments] source https://www.reddit.com/r/RealEstate/comments/ov91ls/what_are_my_options_for_getting_back_my_security/

I am considering buying my first house this fall. My realtor recommended a local lender and I asked him what his lender fee is and he said for a conventional loan the fee is $1080. Is this normal? My realtor has been working for 7 years and said the lending company has a strong reputation, but I have no reference about what this fee should be. Thanks! submitted by /u/Insidioussmiles [link] [comments] source https://www.reddit.com/r/RealEstate/comments/ov8yzn/1080_origination_fee/

We are in planning stage to move out of state. We’ve been looking at sites like Zillow and Realtor.com to see what similar houses are being listed at, but ours is a non-disclosure state and we can’t find out what our house could sell for (realistically) without signing with a realtor first to pull comps and present them to us. We’ve never done this before, is this typical? No comps or realistic amount our house could sell for without signing with a realtor? Thanks, we’re just new to the process. submitted by /u/BooBoosWife [link] [comments] source https://www.reddit.com/r/RealEstate/comments/ov8gin/how_do_we_find_out_what_our_house_is_worth/

My wife and I are selling our home without a realtor, we are under contract with a buyer that is doing an FHA loan, the appraisal happened on Thursday, how long until the numbers come in? Who notifies me about the appraisal value? The buyer's real estate agent isn't helpful at all. submitted by /u/Proof_Evidence3406 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/ov7fga/fha_loan/

My husband and I have bought and sold three houses since 2013. Not really strategically, we just moved a lot but we have learned a lot of lessons along the way from dealing with a horror story of a different variety in each home. One thing we did finally learn is to be a cautious buyer, to ignore the aesthetic and focus on the meat and bones of a home, the roof, the crawl space, the attic.. Our market area right now has people plunking down huge amounts of due diligence money in order to ‘win’ against the massive competition. We really, really don’t like this. In our other three sales we never did more than a thousand dollars due diligence. The idea of blasting 10k into the universe in the hopes that the inspection won’t reveal some massive issues just doesn’t sit right with us. We just will not do it. Speaking of inspection, lots of folks are waiving those! I mean, what? How can we compete with people who are putting up 10k due diligence and waiving inspections? And do we even want

I am looking to list my house within a couple of weeks. We moved out months ago. We just had new flooring put in throughout, I put a new garbage disposal in and light fixtures to replace some that were dated. We also had the driveway sealed and the yard mulched. There are a couple of things that, I, as a buyer, would not like. I am picky though but would like some tips/advice to get the best bang for my buck. Fresh paint. We are going to have a painter paint the entire upstairs. This is a split-level, 1750 sq ft, 3 bed, 2 bath home with a family room on the lower level (basement). We have wood paneling in the basement. It's brown. Should we have it painted or leave it? One of the bathroom vanities was painted brown before we moved in. It's ugly. Should/could I have it painted white? Deck: We have a 2-tiered deck, it's weathered. The top part has about 10 decaying boards that need to be replaced. There are a total of 32 14' deck boards on the top. Should I just h

We just got the final approval from our lender. Our contract says closing will be 8/16. I know the CTC has to be issued 3 days prior. My question is- can the CTC be issued before then? submitted by /u/Stars2dust [link] [comments] source https://www.reddit.com/r/RealEstate/comments/ov473g/clear_to_close/

For long i been mostly on crypto investment , but as a young man I know diversification of income is the best. I have set aside $500k as my real estate capital. I stay in the US and am looking for advice on how to start up a real estate company or any form of investment involving real estate. submitted by /u/donaldcom5 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/ov3whq/what_are_the_pros_and_cons_when_getting_into_real/

So there's this gated neighborhood that we really like, but out of maybe 100 houses, only 1 house is for sale (one that's right next to a busy street) Would it be considered "strange" to write to almost every house offering to potentially buy it as long as long as the inspections, etc. come back normal? Would I offer a price/sqft in the letter? Do people do this? I'm assuming someone would be motivated to sell because they could skip the 6% and use a real estate lawyer. Thanks so much for the help submitted by /u/Jojojojo5555 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/ov3onw/us_nonrealtor_would_it_be_strange_to_write_to/

Over a decade ago I had this foolish notion that I could offer an online service that would provide home sellers and buyers complete transparency on their transaction. I was laughed out of the sales presentation in some cases even worse. I know it was too ahead of its time. I am not naming the service this is not a plug! Times have changed and Covid certainly had some to do with that. The service essentially created a dashboard account with dedicated email and phone number that was assigned to each property and every single point of communication was centralized with no ability to erase or hide anything. Like a linked sequential transaction history. Clients could essentially oversee everything but they still had the experience and protection an expert brought to the table. Because realistically clients want an agent involved. Lots of "agentless" startups found out the hard way. Even big tech after spending billions pivoted to become regular brokers at this point. Granted the

Hello, my mom passed when I was 16 and left me around 50k, so I have a couple questions! I live in Canada, Ontario (the very south of Ontario to be more specific) Do any of you think it's advisable to use this money to get into real estate instead of paying for college? (pretty sure I know the answer to this but might as well ask) Is it even enough to get started? submitted by /u/LotsOfTears [link] [comments] source https://www.reddit.com/r/RealEstate/comments/ov2p56/teenager_that_inherited_money_looking_for_advice/

2 buyers agents, 3 lenders, and 4 offers later I finally managed to nab a house in San Diego! And I only had to waive the appraisal and go 50k over asking 😭😬😄. Thankfully appraisal still came back (I think the house was listed a low to begin with). Super excited, it’s a nice cozy house in a cul de sac in north county. submitted by /u/ShadowOfAncalagon [link] [comments] source https://www.reddit.com/r/RealEstate/comments/ov27fo/finally_done_with_a_purchase_in_socal/

This one (as of this moment the video is still up, watch it while you can if you haven't, as new owners often take it down): https://www.redfin.com/CO/Colorado-Springs/4525-Churchill-Ct-80906/home/34515765 - when that was originally posted, we watched it go viral live in the thread, someone "3 hours ago" posted "omg it has 100k views just on redfin already!" - and I was looking at 200k views "3 hours" later. This is the one where the original tenant's distant relation (of some sort) took over the rental house, didn't pay rent, got evicted, and destroyed the house when they were let back in to "collect their belongings," with year old meat in the unplugged freezer to boot (that's my memory from 1.5 months ago, I didn't re-watch video). Thought you guys might like some context on what backs these types of business purpose (read: few/no consumer protections) acquisitions. Here's a title report that shows some details abo

Hi doing a fsbo. Wondering if we should express our desire to possibly do rent back in our listing or wait for potential offers and go from there? Military transfer so we need time to find a home too. Thanks. submitted by /u/blahfudgepickle [link] [comments] source https://www.reddit.com/r/RealEstate/comments/ouogh9/fsbo_rent_back_question/

I'm set to close on my new house on Tuesday, 8/3. We need a lot of new furniture as this house is much larger than the one we're currently in. A lot of websites do not offer scheduled deliveries, so I've had to go off of "receive by date" on items. I ordered a set of 6-dining chairs that said, "receive as early as 8/5" this week on 7/27. To my horror, it is scheduled to be delivered to my new house TOMORROW when it isn't my house yet!! Luckily, FedEx offered to hold it at a local pickup site when I called, so I really am NOT one of those buyers. It also happened with the ceiling fans I ordered this week, also being shipped by FedEx, so I have learned my lesson now. They are both set to be held locally until I close now. Everything else will be ordered next week after I close! On another note, I have a question about thanking my realtor. She is a personal friend. Yes, I know she has made thousands off of us. We sold through her, we had an offer $12k

I have little faith in our buyers, unfortunately, so I’m trying to stay on top of everything so that I’m not surprised when things go south. Right now the inspection has been completed and that’s it. We originally had a closing date of end of August of but they extended it to the first week of September. We have no word that the appraisal has even been ordered yet, is this normal? I don’t have faith in them because I don’t think they’ll be able to pay the appraisal gap like they agreed to, and we just need to make other arrangements for living if they drop out so the sooner we get the appraisal done the better. submitted by /u/yeliahg [link] [comments] source https://www.reddit.com/r/RealEstate/comments/ouo6uu/at_what_point_should_the_appraisal_be_ordered/

I joined a team with the understanding I would be getting passed tons of leads and the split reflects that Now I’m licensed and ready to work and that’s not really happening Anyone dealt with this? submitted by /u/Nearby-Chipmunk6750 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/ounyb3/agents_team_not_passing_leads/

House sale fell through because of unknown tax lien, realtor angry and asking for us to send her $250 before sending us the termination of title form. We're the sellers, we live in Texas. What should I do? submitted by /u/Snoo92098 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/oum5hg/realtor_wont_send_form_before_compensation_is_made/

I'm curious about what credit scores do lenders look at when deciding to give you financing? Because what I see in my credit report (Experian fico score 8) does not match what they're telling me they're seeing for one of my scores. Thanks in advance. submitted by /u/the_mental_rush [link] [comments] source https://www.reddit.com/r/RealEstate/comments/oun5y7/credit_score_for_home_purchase/

Hi folks! I am in a bad dilemma. I put an offer on a house me and my wife really liked and the seller accepted it. It's a 1996 house in a very central spot in Orlando, FL. We have access to a multitude of amenities in a 10 minute radius, it's crazy. When we toured the house, we were informed it had a septic tank, which was strange considering it's right smack in the middle of the city basically. We did some research, and as part of the inspection period we had a septic inspection done. We discovered the pump was dead and hadn't been working; which the seller said would be fixed this weekend (our inspection period finishes this Monday). The septic company also gave us an explanation on how that specific system works. It's not a septic system where the tank is hidden from view, it's a mound septic system because of a high water table. What this means is that there's a small hill-like "structure" about 3 feet high, that takes up about 3/4ths of the e

Reached out to Zillow and got an decent offer after fees, and 1% service charge more than what the realtor would list it for. Then got an updated offer a few days later with 15k price increase but then the service charge, now tripled to 3%. So now if even though the market value increase the deal got worse, having to pay more in fees. What gives? Can the zillow service charge or fees be negotiated? submitted by /u/N1ghtVib3z [link] [comments] source https://www.reddit.com/r/RealEstate/comments/oulcqm/zillow_offers_playing_games/

Whenever I finance a property, they ask about the source of funds, and for example they don't want you to take out a HELOC for your down payment. If I take money out of my HELOC and park it somewhere, for example a savings account or the stock market, at what point does it simply become a "savings" and not the money from the HELOC? submitted by /u/spe-swa [link] [comments] source https://www.reddit.com/r/RealEstate/comments/oulr7g/source_of_funds_and_heloc/

For context, I purchased a home for $367,500. Initially, I had offered $355k, but my escalation clause kicked it to my max offer. My lender incorrectly put $355k as the contract price on the appraisal form, and the appraiser valued the home at $360k, $7500 less than the actual purchase price. The lender admitted fault, and that the underwriting team should have caught this prior, but now I am in a predicament where the home is valued less, and the lender still hasn’t gotten back to regarding next steps. Also worth noting that there were 4 comps on the appraisal report, 3 of which were sold for $400k. The 4th home sold for $360k. All were same style & size homes, within 1.5 miles, same school district, area, etc. With a median comp price of $390k, shouldn’t my home be worth slightly higher? Do you think the incorrect contract price of $355k played a factor in the appraisers value (360k) provided? submitted by /u/KSP420 [link] [comments] source https://www.reddit.com

I plan on building a house from the ground up. I admended my taxes but it can take a while for that to process so I will probably have to use my 2020 and 2021 taxes to get a mortgage. Should I wait to apply until I file 2021 taxes or should I apply now? submitted by /u/Sweet_Ad_8503 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/oukfne/is_it_too_soon_for_me_to_apply_for_a_mortgage/

Just a bit of backstory in case anyone is wondering. I purchased a house that was in a different state through a friend who was a realtor. The entire process was pretty stressful. From being told that I was costing her money for asking for video walkthroughs of homes, to being told I made her look like a liar for having second thoughts on a home, to flat out telling me how negative I am for finding faults with homes. Oh and deleting her facebook realtor page after I posted a review. This was in Texas in case anyone is wondering. Here's a screenshot of the original reddit post (I deleted it a while ago) : https://imgur.com/a/OiQC0s4 and if you're really bored, here's the original post with all the comment replies (it's a very long screenshot): https://imgur.com/a/OiQC0s4 ​ - Purchased the home around October 2020 - October 2020 Realtor stops responding to me and removes me from all social media once I start showing her clear issues with the house that were not a

I just closed on my first home yesterday and wanted to share my experience in this crazy market. I recently got a new job that would require me to move to the Atlanta area. Went up from FL with a week to find a house and get an offer accepted. I used a VA loan with 0 down. After a few failed offers I got one accepted within about 5 days of my home search. Offer was accepted on 06/29 for 5% under ask. Inspection done on 07/01. Negotiated 7k sellers credits from inspection items. Appraisal done 07/16ish, came in another 7% or 22k under the agreed price. Seller agreed to drop the price to appraised price. Got the clear to close from the lender on 07/23 Closed on 07/29. I feel that I got super lucky given the market and limited timeframe I had. The quick 30 day closing on VA loan surprised me. A big thing that helped was that the sellers were under contract on another home and had to sell this one to buy their new one. Just wanted to share my FTHB experience in this crazy and stressfu

So I live in NYC and looking to rent an apartment for 2800. The listing said it had a garage available and when I inquired about it he said it was available for an extra 250. My girlfriend and I loved it so we decided to pull the trigger on it. He then said it would be first months, security deposit, and a broker fee all totaling to 3,050 each. Is the broker entitled to getting an extra 250 just because I want a garage spot or is he just squeezing me for an extra bit of money? Also should the garage spot even count as the security deposit? submitted by /u/ThePriapusGod [link] [comments] source https://www.reddit.com/r/RealEstate/comments/oujsm9/can_a_broker_add_a_garage_spot_to_his_fee/

I bought a 2-family earlier this year. Me and my fiancé plan on buying another within the next year. Should I put the property I currently own into an LLC? Should I open a real estate holding company and a property management company? I’d appreciate any thoughts or ideas. submitted by /u/MLGcheer [link] [comments] source https://www.reddit.com/r/RealEstate/comments/ouiv7s/opening_an_llc/

Last year we decided to rent out our home (rather than sell it, when we bought a new house). The tenants have decided they want to buy it, and we agreed on a price. They showed us their mortgage pre-approval letter, and we were all excited to get the house sold. As sellers, we contacted the title agency (we are in Michigan) and got the purchase agreement and all the paperwork and information we needed. We provided it to the buyers for their signature, and when they didn’t return it, we learned they are waiting on a contract from their lawyer. It’s been two weeks; does it normally take this long for a real estate lawyer to write up a contract? Is this essentially the same thing as a purchase agreement? What can we as sellers do to keep the process moving? Does the mortgage lender need the purchase agreement/contract to keep that part of the process moving, or do they potentially have that going already, does anyone know? We are just feeling like we lost control of the process, sin

Are any buyers familiar with Homes for heros ? Is it legit? Almost sounds to good to be true. submitted by /u/AgileSeaworthiness20 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/ouhwkk/homes_for_heros/

I guess I ought to explain this better: Agent #1 sold me my current home and sold my last one. She isn't local to the land and recommended someone in that area. (fair enough. Referred me to agent #2) Agent #2 declined and referred me to an agent that specializes in land sales. Agent #3 hasn't called me back. It's been a week. It's a nice lot. A couple of acres very close to a tract of $800-900k custom homes on 1 acre lots. Near schools. Has city water line running across the front of the property. There isn't anything scary about it. I want to sell it but am finding this frustrating. submitted by /u/HNP4PH [link] [comments] source https://www.reddit.com/r/RealEstate/comments/ougd69/3_agents_have_declined_to_list_my_vacant_land_wth/

So I've spoken to a few lenders, and gotten pre-approved a few times over the years. Each time I've shopped around, but they all pretty much offer the same exact rates, etc.. My current understanding is that a responsive lender is a good lender, because they could be the reason that a sale falls through. That being said though, are there any things you can use to compare lenders in some way? They all seem the same. Do some offer lower fees, interest rates, closing costs, etc.. Additionally, the last time I got pre-approved, I didn't want them to do a hard credit pull until I was closer to buying, just my credit wouldn't be damaged if I didn't buy. The Lender I'm talking to now is telling me he absolutely must run a hard pull on my credit, AND my pre-approval will expire in 5 months. Is this really the case? Is he just trying to get me locked in and pressured to buy? submitted by /u/luckybroman5 [link] [comments] source https://www.reddit.com/r/R

I have a tenant that has lived in my house for 6+ years and I know he has animals he’s not suppose to and smokes in the house. What do I do? Should I try and do a checkup on the property or just let it go and remodel the whole place when he’s out lol. submitted by /u/Intrepid-Plan8391 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/ouf83d/landlord/

Me and my dad have been flipping houses for 20+ years now and have about 7 active rentals. We want more homes to buy and flip but cannot find any. Pretty sure it’s a combination of the moratoriums and all of these “We buy ugly homes” companies. We are going to try and do the same thing with flyers and go door to door to run down homes and offer cash. Any other ideas on how to find more homes to buy before these out of state “ugly” home buyers get them? Not a huge city either. ~90k people. Thanks! submitted by /u/Intrepid-Plan8391 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/ouf74a/want_more_properties/

Hi everyone, I just started looking to buy my first house. I contacted a real estate agent couple of weeks ago to help me with this, and it took me more than a week to get the pre-approval letter, which i sent to him. It's been almost a week and he hasn't called me or email me about any properties, so I started looking online to see if I could find anything, and so I did. I found this place with a great price and location, so I called up the listing agent to see if I could take a look at the property. After seeing the property, the listing agent told me if I had an agent or not, and I said I did, but he hasn't done anything yet. So he said he would dismiss the buy agent cut by reducing the price by almost 20k ( about 3%) if I go to the table with no agent. Now I'm considering doing this. I know he could try to sell the property for more than its worth, but I have some contractor/flipper friends with years of experience who will be my side the whole time. Am I being

I’ll be buying a house with the intention to list it on air bnb but I need a Mortgage loan or a business loan. Should I do that through my bank or a different way? I know I could just google it but I want to know from peoples work of mouth as well. What are the best options in people’s experience? submitted by /u/IcyTransportation209 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/ou14im/new_business_ventures/

As a first time home buyer I thought it'd be great to cut my cost to buy, by using redfin and their refund was a nice 6-9k incentive. I called redfin looking to place an offer on a home I found that had a offer review deadline within 48 hours. Explained to the realtor the short deadline and need to expedite everything. I went and got a 10% down preapproval from Bank of America, Another 5% down conventional from better The Realtor never returned my calls once I had all my preapprovals in order, with a short deadline I clicked the help button on redfin and i was transfered to the Realtors "supervisor", she explained that the Realtor was out of town and I mentioned my displeasure since she knew we had a short deadline. The realtors boss offered to help me submit my offer it was a fixer upper listed in the low 500's. We received a counter for "best and final" and notified of something like 10 other offers. I bumped the offer by not much maybe 20k, the redfi

I am relocating to Florida the first week of September and have been apartment searching. I found a 3 bedroom unit I really like and got in contact with a leasing agent, but it will not be available until the end of September. They asked me to call them next week about availability for the 2 bedroom. However, I am more interested in the 3 bedroom. Are there any options I can pursue in order to still get the 3 bedroom? Such as living in a 2 bedroom for the first month and then switching to the 3. Any option would involve me moving down there the first week of September and staying somewhere until it becomes available. I have tried looking at options such as getting an Air BNB for one month or even a hotel, but the costs for those are a little outside of my budget. submitted by /u/Pantriar [link] [comments] source https://www.reddit.com/r/RealEstate/comments/ou12pf/options_when_unit_isnt_available_until_a_later/

I'll spare all the fine details, but, the overview info: Selling agent royally screwed the pooch with the listing, failing to get all appropriate docs over upon acceptance (bank is involved in the sale). Now 75+ days into the transaction and set to contractually close in ~10 days. Buyer is very sick. Completed their homesale and moved here. Displaced and living in tent for over a month at this point. They are unable to get the treatment they need without a permanent address and are growing desperate. Buyer has been advised to sue for specific performance if purchase isn't closed on date, but they don't really have the money for a lawyer, either. Every lawyer (and the Realtor legal hotline, themself) said it is "open and shut in the buyers favor for specific performance." Now, the buyer keeps telling me they are going to go over to the selling brokerage to calmly ask what is going on and how we can close this thing. I have been having to tell them to absolut

Assume the agent is maintaining the code of utmost care and integrity with their principal. The more I study for licensure the more I learn that this business is firmly rooted in integrity as options for fraud (both constructive and actual) are many. submitted by /u/poetapex [link] [comments] source https://www.reddit.com/r/RealEstate/comments/ou0sn8/what_is_an_example_of_a_complicated_ethics_hurtle/

Ok so currently im renting a 1br 700sqft apartment on the 6th floor in Manhattan(not in the rich part) for $1308 monthly. Elevator building. Prewar , non renovated but in good condition. Unit is rent stabalized and the rent can only be raised %1-3% yearly(no higher). Only downsides is that street parking is pretty much nonexistent to the point where i have to plan my day around it. But other than that im generally happy here. I was looking around on zillow and a co-op 1br 700sqft ground flr apartment caught my eye for $175k in a more car friendly neighborhood. Maintenance is 600 a month. %20 downpayment. I can afford this place on paper. I have the necessary savings and income. I also don't want to treat this as an investment. I Have no interest in doubling my money or subletting. I just want a place that i can fully pay off in 5 years time and enjoy a low monthly housing expense for the next 20 years. Are there any possible pitfalls of co-ops that will make me regret my deci

I recently closed on a condo in Gainesville, Virginia. On moving in, I noticed the HVAC was not working. I called the seller agent and she says she knew nothing about it, and that the HVAC was working when she listed the property (the owner had left it on 87°F to prevent a huge electric bill - according to seller agent) I go to check the mailbox and I find that the seller agent had mail in my mailbox - I think she lived there. So I look up her phone number, and truly, the address is tied to the property.. The owner of the property according to the agents, moved to Florida and hence why he was selling it. During the viewing, Are seller agents required to disclose any relationship to owner. At this point, I know I'm screwed, because I already closed on the condo, and have a 10K HVAC problem...(thats what you get for making an offer not contingent on inspection or appraisal) but can I sue the agent for nondisclosure? I feel she knows and is hiding something. Please advise. PS: The

First off I understand every KW office is run differently so maybe some are better than others. I don't know the differences, they can probably all close a sale (eventually) but after getting a huge run around and wasting 2 months of my life with a KW realtor I'm upset and want to share my experience in case anybody else is in the same boat and feels like they aren't getting anything done. I got this realtor through a recommendation of a friend who in hindsight is not always the best at judging character. My initial take on the person was they are too friendly and acted like a used car salesman, but who cares I just wanted somebody who could get me a house. He was always busy and never able to go to showings with me because he was too busy "closing deals". This was a huge problem because the realtors he'd send with me had no skin in the game and wouldn't reveal many opinions due to some agreement with him, and because he hadn't seen the house in per

So, TLDR is I've agreed to repair a few items for the buyer. One of those items is replacing an exterior door. Contract was signed by all parties last night. All other repairs are nearly complete and I have everything scheduled to be done over the weekend. Dummy me, thought it was your typical 36'' by 80'' exterior door. Turns out its a custom sized door measuring at 35'' by 82''. I've been contacting a few companies only to be told that the lead time is 10-12 weeks out. Do I have any options at this point? I can probably have a contractor "fit" a 36 x 80 door, but I'd rather just do it right. Can I get quotes/estimates and then pay for the service after closing? submitted by /u/ilikemypizza [link] [comments] source https://www.reddit.com/r/RealEstate/comments/ou0cbd/what_happens_if_i_cant_get_a_repair_done_by/

It has come the time to buy a house and become a more adultier adult. I'm sick of renting and I'm just throwing away money. I absolutely love a house I looked at the other day. I've been approved for a fantastic amount at a low rate and payments. For reference I'm in Manitoba. This house is beautiful and completely redone inside. Open concept kitchen and living room with an island. Finished basement with 4 bedrooms, 2 bath total. Technically about 900 square feet but main and finished basement add to the space. An above ground pool stays and I've got a fenced yard! But... when I asked about hydro budget I was told $310 (YIKES). Upon further investigation from me and my realtor we learned the husband is a hunter trapper and has 5 large deep freezers, 3 full sized fridges, and 4 air conditioners, none of which are newer. The sellers estimate without all this, hydro would be $150-$175. They have electric baseboard heat and new insulation/doors, and the house does s

A colleague of mine bought a property in a northern place before she retired. After the retirement, she lives in Texas half the time, mostly in winter, and lives in the northern place the other half time, mostly in summer. I think this is a great idea. So I am exploring the idea of buying a property in another place. Probably a small property, maybe a condo. I am interested in Chicago, IL, where I went to school in the past. The areas I enjoy are downtown, or near University of Chicago. I will need a loan to buy, and also need to rent out to pay the mortgage. I am close to 40 yo. I am aware that managing a rental 1000 miles away is a challenge. My plan is to purchase a home warranty, and hire a local property manager. The target property is 2bed 2bath or above. Now I am able to use 50k as down payment. In another 2 years, I might be able to save 100k as down payment. I know Chicago is a super tenant-friendly place. Is there any trend there to further expand tenant right? What are th

It's a burning curiosity for me. My house was built in 1918 and has lovely stained glass windows and stunning woodwork throughout. I'd love to know who first bought this home. And if there is some way to access photos throughout the years. Is this something I could find at the library or through the county somehow? submitted by /u/Sleepobeywatchtv [link] [comments] source https://www.reddit.com/r/RealEstate/comments/oty5hi/how_do_i_go_about_finding_out_original_owners_of/

Hi everyone , Located in the northeast - had a quick question . Going back and forth with builder on new construction plan — one of the items is regarding ceiling height . Presently the plan for first floor ceiling has height of 8’3’’ . We ideally want to get 9 ft ceilings instead Builder quoted us 12k for 9ft’ ceiling change . First floor is approx 1500 sqft in size Is that reasonable cost? Is it worth it to do this ? Pros/cons ? submitted by /u/Hot-Avocado-6300 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/otyqu7/ceiling_cost_new_construction_build/

I keep trying to google the answer to this but can't find the answer anywhere. Does anyone here know if it is possible to back out of selling your home to Zillow Offers after a contract has been signed? If so do you know the process for that? -Texas Thanks! submitted by /u/Curtens [link] [comments] source https://www.reddit.com/r/RealEstate/comments/otylm0/cancel_zillow_offers/

Ok, so we are selling our house. We got a great offer (10k over asking) our second day on the market, which we accepted. They came for the home inspection, and I drove by the house to see if they were gone yet. They weren't, and there were a lot more cars there than seemed necessary. I also saw two little girls playing on the front lawn. This seemed really weird- the buyers don't have children (they wrote us this nice letter begging us to accept their offer, so we know this for sure). When we got home, we saw that my kids' toys had obviously been played with and left all over the place. I have a very high risk child with an immune disease, and I was furious that unvaccinated unknown kids had been in the house touching his things- Maybe even playing in his bed? We also saw that the inspector had left a mess in the basement. He pulled out insulation to check behind it, and threw it on the floor, and they pried open a sealed (not closed, but sealed) crawlspace, breaking the

I'm under contract on a home and was on track to close early when the title company found a defect, in the form of a tax title. The land that the home was built had a lien placed on it due to unpaid property taxes. The land was foreclosed and sold to the sellers I'm buying from in 2020. They built a new home on the land this year. However, the title can't be cleared because in my state, the original owner has up to one year petition the foreclosure, and that one year has not yet passed. The title company will not insure the title until the year has elapsed...and that won't be until December. My original closing date was next month. We've gone back and forth with the sellers about options for moving forward: Prepossession: My lease ends on August 31. The earliest new closing date would be December 4. I need a place to live between those two dates, so one option was to move into the new home before closing. The sellers initially agreed without restriction, and th

Pocono homes for sale in Pennsylvania, USA. Get in touch with the real estate community in PA at - 570-226-1800. submitted by /u/Pocono-RealEstate [link] [comments] source https://www.reddit.com/r/RealEstate/comments/otvx0l/real_estate_community_in_pa_community_realtor_pa/

My house was listed for sale today and I received a text from my agent saying we had our first offer. The house is older, approx built in 1980. Wood siding, new central air. It’s older and weirdly shaped, only 2 bedrooms (2 baths as well, total of 6 rooms) it’s the only house on a dead end street of mobile homes (first house on the block). In my city where subdivisions reign supreme, it’s unrestricted. Has .35 acres which includes an additional lot. And it’s rural development eligible. It’s not a fancy house by any means - the location, chain link fencing surrounds the property but it’s quiet and spacious. And is all modern inside. Average home price is $200-$220k. What people consider “nicer” are homes that are around $250k Anything less will likely be 40+ years old and outdated and still in a subdivision with your neighbor right on top of you. Houses $150k or less are normally mobile homes. I listed my house for $138,000. It seemed to be price right. I signed a doc prior to l

hey! sorry for any formatting, I’m on mobile but i have a question about renting. the city that i live in has a roach and bed bug problem. I live in Canada, i didn’t even know we had roaches until i saw one in my apartment. the second building i lived in i asked, “have you ever had roaches?”, they said no and turns out they had been fighting a roach problem months before i moved in. I am moving again and called a place and asked if they ever had roaches or bed bugs, they said no, i brought my sister with me to view it and turns out that’s where she lived for ~ less than one day before they found bed bugs in the unit. anyways, my question is can i ask my landlord to write in a lease “no we have never had any roaches or bed bugs in this building?” i’m so tired of getting scammed by companies and i’m so tired of dealing with pests. Backing off of that question, is that a good idea? could it potentially screw me if they actually did have bugs. could they blame it on me? sorry if this isn’

Hi guys. The title pretty much sums up my massive worries. We’ve had roaches come out of our sinks while washing our hands and had massive colonies of termites and carpenter ants appear out of damn near nowhere. submitted by /u/LogReasonable4563 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/ottohb/i_recently_purchased_a_home_for_my_family_with/