Skip to main content

Needing general advice!!

Hopefully the right subreddit! My fiancé, father in law and myself are desperately looking to get out of our current living situations all for different but not urgent reasons. I should note, we live in Canada, I have to switch jobs due to me not driving and fiancé and I have never had our own house/apartment before so this is very new to us. We went to a showing for a place a town over and we love it but there's a few things that caught us off guard.

  1. It said utilities included in all the ads we saw for this place but the gentleman who showed us the property said its not included. Maybe lost in translation?
  2. They actually said they thought $2000 was TOO much so they asked us to put in an offer and we said $1500, but we definitely can increase that.
  3. This was all about 2 weeks ago and hes reached out to me to ask about the breed of my FILs dog and minor questions.
  4. I reached out yesterday to ask about the status and he says he's been struggling to get them to improve their price? And were at $1800 now... what does this mean?

I'm only rushing/panicking to know our status because if we get approved I have to give my work decent notice and apply for our other location. (They are hiring for my exact position now). Is this a fairly normal stretch of time to have when renting out a place? TYIA!!

submitted by /u/buckethead7777
[link] [comments]

source https://www.reddit.com/r/RealEstate/comments/zqm28j/needing_general_advice/
Labels:

Comments

Post a Comment

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...
Post a Comment
Read more

Question With Tricon "Pending ID".....

My wife and i, along with 2 other peopl applied to rent a house, and our application says "Approved, Pending ID". Anyone else know what that means? Do we pretty much have the place or are we missing something? submitted by /u/Itskrueger [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1orixqj/question_with_tricon_pending_id/
Post a Comment
Read more

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...
1 comment
Read more