Just purchased an existing SFH in a suburb community. I am now just finding out that the USPS has been refusing to deliver mail to my mail box because the carrier received complaints from my neighbor for damage to his lawn. This is a suburb community where the carrier drives up to each mailbox to deliver mail, and he is not able to park and walk to deliver letters. Our mailboxes sit about 5 feet away from the curb, and apparently in the past he would drive up to my mailbox, deliver mail, then drive off crossing my neighbors lawn. The neighbor complained and USPS is now refusing to deliver mail to my mailbox due to it's location, and USPS states the only options are for me to move the mailbox or to pick up my mail at their office. This is a rather expensive brick-built mailbox, so rebuilding one is costly. My main question: Was the seller of my property required to disclose this issue with the nieghbor and the fact that the USPS has not been delivering mail to the property given t

I recently purchased my primary home in the Seattle area and am now looking to buy a condo for my elderly mother so that she can live close to me. However, she doesn't qualify for a mortgage by herself. I have read up on the "Family Opportunity Mortgage" which would let me purchase for my parent while still qualifying for interest rates offered for primary homes. Has anyone here used this loan program in Seattle ? If yes, which lenders do you recommend to go with for this loan program. submitted by /u/imanifestmydestiny [link] [comments] source https://www.reddit.com/r/RealEstate/comments/10pzn1a/question_on_family_opportunity_mortgage/

My wife and I took over a small business a little over a year ago. We would like to set ourselves up to buy a significantly larger home about 2 years from now, ideally shopping in the 1-2 million range. I've heard that it can be harder to qualify for a mortgage when you are employed by your own business, so I'm wondering what brokers will be looking at, as well as rough numbers to shoot for given those goals. Located in North Carolina. Thanks! submitted by /u/Hotsaucex11 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/10py4fc/qualifying_for_a_large_mortgage_as_a_small/

We currently own a duplex in a historic district and have lived in it for ten years. We’ve grown as a family and are wanting to convert it to a single family home. It’s 110 years old, but was gutted and reconstructed in the early 90s. The exterior walls and foundation are original however and as such there are a few issues with water in the basement when it rains and some cracks in the sheet rock from settling. We’re getting an inspector out to give the property a good once over to make sure we don’t have any MAJOR issues with the foundation and whatnot before we start the process of lining up contractors. We currently have tenants in the other side of the house whose lease is up April 1st. We gave them the heads up that an inspector would be scheduled sometime next week, and they’re demanding to be told when it will be so they can be home for it. It struck my husband and I as odd. The tenant has always been high maintenance, and even at times just TELLING us they’re going to do somet

This is Michigan and the reasoning the titling company is stating that they need the documentation is that the seller/owner/executor closing probate and selling the house is self serving. All of this was signed off by the courts, wouldn’t that be vetted through the legal system? Also, is there a titling company more known for dealing with these cases that would be able to close without this and issue title insurance that I don’t know of? This is my uncle’s company. The deal may fall apart if I can’t clear to close this week. Please assist. submitted by /u/Puzzlehead-Bed-333 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/10pwa8q/probate_need_help_with_closing_broker_is/

I’m taking over the marketing position for a team in Nashville and beginning a strategy to create custom audio for TikTok that sets up the agents to showcase parts of the house, I’m really excited to roll it out, has anyone else tried this? submitted by /u/Square_Problem_552 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/10pv7tw/real_estate_sounds_for_tiktok/

House has been on market for over 40 days and I’ve had 4 showings. Last showing the buyers were interested but never actually put in an offer. I’ve asked twice to lower the price by 3-4% but he keeps kicking the can down the road. Am I off base here for wanting to lower the price? I know it’s difficult to say without knowing market but speaking in generalities. submitted by /u/ACLSismore [link] [comments] source https://www.reddit.com/r/RealEstate/comments/10p4vwr/realtor_keeps_finding_reasons_to_not_lower_price/

I am looking to purchase land and utilize sellers financing. Would I be able to take out a personal loan to cover the down payment as I don’t want to dip into my savings right now. submitted by /u/Warfighter3000 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/10p3ts6/personal_loan_for_down_payment/

submitted by /u/Buckman21 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/10p2msq/whats_the_best_bank_to_try_for_a_first_time_home/

I had a change in property name and a new assessment resulting in two added supplemental property tax payments which I paid. My question is will the total amount with the supplemental taxes my "new' tax amount going forward for the future? Thanks. submitted by /u/Ok_Hurry_4115 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/10p1f4x/question_regarding_supplemental_property_tax/

Personally as a total greenhorn I have my ranked list below, and I think I'm not gonna be too far off: I'd say it's Experience Diligence Smarts Luck Your thoughts? submitted by /u/ZacEfronsLeftNut [link] [comments] source https://www.reddit.com/r/RealEstate/comments/10oxl95/investors_with_a_portfolio_of_20_doors_or_more/

We're looking at a house for sale, but we want to add a substantial addition, probably in the range of 150k-200k. We want to get a rough estimate what the new taxes would be. Permits will be pulled, so no way it flies under the assessors radar. How would they calculate the new assessed value with the addition? Current land is 12k, land 35k, additions 73k. So I guess I am wondering how they calculate the additions. submitted by /u/ammo182 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/10ovh56/assessed_value_for_tax_purposes_after_a_major/

Hello! I am a real estate investor who is working on a flip property which I own. Is it illegal to post an ad on social media saying the house is coming soon? I have not signed a listing agreement yet. Thank you! submitted by /u/hexyhippie [link] [comments] source https://www.reddit.com/r/RealEstate/comments/10octgk/coming_soon_question/

Looking to potentially purchase a home soon and will move 2 years after (military). Plan to rent out and hire a prop manager after I move. Would like to know what the avg rent is in my area/how much i can rent it for so I can find a house/mortgage that works. Thanks. submitted by /u/wolfieofwallstreet [link] [comments] source https://www.reddit.com/r/RealEstate/comments/10obo3o/advice_on_how_to_figure_out_average_renthow_much/

Does anyone have experience owning entire squares of space in a city. I want a hidden garage that just looks like a normal storage unit in the middle of the city but is really a headquarters. submitted by /u/Apprehensive-Cut-711 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/10o9srb/owning_parcel_space_in_the_city/

So when I was house hunting 10 years ago, I had my own buyers agent that accompanied me on all the showings. We’ll I’m starting a search again and I see on the Redfin app it appears I can schedule a showing with a “Redfin partners agent”. Is there any etiquette surrounding this? Can I use either option for touring a house? I don’t personally care who shows me the house if they can accommodate my schedule. TIA! submitted by /u/Noosher [link] [comments] source https://www.reddit.com/r/RealEstate/comments/10o6vfa/re_agent_for_showings/

Expert agent , the estate agency crm is solid but they seem to have stopped developing anything new, 10 years ago. Sales chasing has no automation, email marketing sends out a title of ' mailer ' instead of your company name. Just many little things that don't allow you as an agent to feel competitive in this e commerce/ communication environment. Wondered what others thought. submitted by /u/Separate-Umpire3981 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/10o4odc/expert_agent_does_not_cut_it_anymore/

This is a condo in a very good area of San Diego. First time home buyer here. https://redf.in/VveU6M Price seems to be 100k+ lower than similar units in the area due to what it seems to be water damage going by the pictures. Would you even spend time on this trying to understand how bad the damage is or would it be a hard pass for you? submitted by /u/V-M-S [link] [comments] source https://www.reddit.com/r/RealEstate/comments/10o3loh/water_damage_what_are_your_thoughts_on_this_condo/

Real estate newbie here and I am trying to assess the state of how homeowners are doing today. For those who bought there property during the low Fed rate era, i.e., from say 2008 to 2021: Were the mortgages they took on variable (floating) rate or fixed? Are most homeowners during that era paying non-ARM mortgage rates that were prevailing at the time of their purchase? What proportion do you think is paying ARM-style, variable rates pegged to the significantly higher Fed rates today? I'm hearing that in Canada and Europe, they tend to be ARM-style, whereas in the US they tend to be fixed. But I'm hearing different things and want to find out the truth! Thanks! submitted by /u/ReadyTeddy84 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/10o1fja/homeowners_who_bought_during_lowrate_era_paying/

We recently bought a house in October 2022 and then our dream home came on the market at the price we can afford. We don’t really have any equity in this house yet, and used our money on the down payment for this house. How can we buy our dream house before the seller takes the offer off the table? (They offered it to us before putting it on the market because we used to rent it and they knew we lived the house). We bought our current house under my husbands name o my because I have. BK from one year ago, so I can’t qualify for an FHA loan until Jan. 2024. The only thing I can think of is proposing renting to own for 1 year. Then we rent out our current home while we buy some time renting our dream home, until I can qualify and we can put the second home in my name. What am I missing? How bad would it be to try and sell the home we just bought, I know we would probably lose money… Help! I think the rent to own is the only workable scenario…?! submitted by /u/FreeEstimate758

Recently listed my home on Zillow and got many offers. They were offers by people trying to get me to quickly sign an online pdf escrow contract for a cash offer. Are these legit? Thank you. submitted by /u/toppknox [link] [comments] source https://www.reddit.com/r/RealEstate/comments/10ng4ug/trying_to_sell_my_house/

My wife and I listed a house the week before Christmas. We accepted an offer 5 days later. The couple that is buying the house relocated here for their job sometime back and found a place to rent. Their lease was up the middle of January so they were hoping to close as soon as possible on our house due to that. They are now staying in an AirBnb. They are in underwriting and an issue has come up with their employment. From what our agent is relaying to us, the buyer has worked at the same place for a while but just recently it was bought out by another company so this is being questioned. They (the buyers) are fed up with this taking so long so now they are wanting to possibly switch lenders if this can't be resolved soon. Our contract expires 2/10 so if they do switch lenders I don't see anyway we make that date. I'm curious what other people think we should do here. Their agent is asking would we be willing to rent the house to them until we can close if they switch len

Aurora, ON , CANADA Need advice please. Bfs mom (80) just went to retirement living. She’s selling her 17 yo End Unit TH in Aurora. A friend of a friend spent considerable time alone with her and convinced her to list property for 860k. The 3 most similar recent sales in the neighborhood went for 1.1 million. The friend tells her that it’s 5% commission 2.5 for her and 2.5 for the listing agent, which happens to be her son. Mom is adamant she trusts this lady and her real estate advice to list so low. I’m questioning her mental health and convinced that the friend and her son are scamming her. What advice can you offer on any of this circus we are watching unfold. Can we stop this and get a 3 party neutral agent involved if the “coming soon” sign went up on the lawn today? submitted by /u/MISS__MARY__JANE [link] [comments] source https://www.reddit.com/r/RealEstate/comments/10nds0t/is_this_a_scammer_in_action/

What profession do real estate agents likely transition to ? When people decide to walk away from sales all together.. what is the best career move afterwards where skills can be transferred, and companies still feel you have enough experience to hire you? submitted by /u/tskb341 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/10nbi2r/what_profession_do_real_estate_agents_likely/

My husband and I are looking to start the process of building in a family-friendly community (we love the idea of Briar Chapel but didn’t get in early enough). Open to most locations around R/D/CH. We’ve historically owned flipped older homes so ready to build our own. How do we get “in the know” about upcoming neighborhoods without living in the state? Any tips?? Here’s some other info: -We are fine with a 1-2 year lead time, no rush as we both work remotely. -We are looking for something no higher than $1.3m. -Custom or semi-custom is ideal -Looking for a community that has trees, nature/walking paths in or nearby the community, would love to be walkable to restaurants/coffee (realize this may be a tough ask in surburbia) great schools, pool etc. TIA! submitted by /u/nikkicalzone [link] [comments] source https://www.reddit.com/r/RealEstate/comments/10nbf6a/upcoming_new_build_communities/

submitted by /u/itsjulius12 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/10nbdz3/who_here_his_familiar_with_a_unison_home_equity/

I need to take out equity on my home. I want to borrow it for a very short term, as I will be able to cash out on some my business ventures and pay my loan back. Unfortunately, a HELOC will not be an option at this time. I have to consider other options. My friend has told me about a home loan where a company will offer to lend money up to 100% of the home value, at no interest. However, the company will share ownership of the home. Has anyone done this before? submitted by /u/itsjulius12 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/10nb5h1/what_are_some_loan_products_that_offer_up_to_100/

Hello, I finally got my NV license, what should be my next move in attracting leads? Should I just randomly start cold calling? also do I need to take classes asap to be apart of the realtors association ? submitted by /u/Caligrwn702 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/10n90is/just_got_nv_real_estate_license_whats_the_next/

I am looking at buying a home built 1990+. Are there any telltale signs of cheap or poor construction before you do an inspection? Things to look out for in the photos online? I have heard many in this area say there are certain builders that are know to do everything as cheaply as possible. Things that have made me wonder: drop ceilings in some rooms, office-style giant rectangular LED lighting, and textured ceiling that looks like a mobile home. Are these signs of something being built as cheaply as possible? Thanks for any help on this. edit: added examples submitted by /u/jkdumbdumb [link] [comments] source https://www.reddit.com/r/RealEstate/comments/10molr8/how_to_spot_a_cheaplypoorly_built_relatively_new/

I have a contract with a realtor to list my house. I am waiting on a couple of repairs that should take about 2 weeks but in the meantime I have made some nice ads with photos of the property that I have been posting on town pages and what not in social media advertising that the property is coming soon to market. A whole lot of people had reached out after seeing the ads and I had directed all of them to the listing agent that I am under listing agreement with. Apparently a day later somebody called MLS and complained about a coming soon property being advertised and realtor asked me to take the ads down for now. What violation did we actually do here? Both my realtor and his broker initially said this was fine to do. submitted by /u/KangarooOverall1247 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/10moh5u/are_you_not_allowed_to_advertise_a_property_that/

Every market is different, but anecdotally I’m seeing buyers coming in and inventory staying low. Supply and demand at its most basic I expect growth on a month over month basis to start showing up. YoY will still be down until later this year. If you’ve got a different take, or see something in your market, please share submitted by /u/SDSU4Lyfe [link] [comments] source https://www.reddit.com/r/RealEstate/comments/10ml8wj/market_has_bottomed_in_socal/

What advice would you give to someone entering the real estate business? submitted by /u/Zestyclose_Breath520 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/10mfmat/real_estate/

Currently a electrician/hvac tech I have been in construction field for 15 years. I’m getting burned out working with my tools all the time. I have been interested in getting a real estate license for a while. I am curious of the pros and cons from people that are way more knowledgeable than myself. submitted by /u/No_Ad_8752 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/10lvuba/should_i_get_into_real_estate/

Over the last 2 months our lives have completely changed. My step father was my mothers caregiver and he passed away. Now we are in a situation where I live about an hour and a half away and living between both places half/half. My mother has limited mobility on her right side and unable to live alone. I have 2 step children that we cannot move out of the county we are in. My mother owns her house outright, and we are currently in a rental. Neither house would be able to fit a family of 5. We are wanting to buy a new house that will fit all of our needs. We need to buy first and then sell after as I want to make it as stress free as possible for her and the possible buyer. Is it best to do a bridge loan? Home Equity loan? HELOC? or maybe someone has a better suggestion? submitted by /u/Nij2006 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/10ltg94/best_option/

I’ve heard really terrible things and really great things. I know it depends on who’s building it and where. Just curious if anyone in Utah has experience with them. Thanks! submitted by /u/macdud [link] [comments] source https://www.reddit.com/r/RealEstate/comments/10lta5s/anyone_have_experience_building_a_lennar_home_in/

First time home seller. Outside of online reviews, how do you vet the 3 or so agents/companies who you'll be screening? Is it realistic to ask for a listing price while you're interviewing agents, prior to signing a contract? Thanks. submitted by /u/luckyshot33 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/10lryhi/screening_real_estate_agentscompanies/

Hi everyone , I purchased two homes cash last year, and the homes need full rehabs. I do not have the funds to complete the rehabs , and all the lenders I’ve researched will not fund the rehab money. They are only willing to fund the entire deal purchase price + rehab. I didn’t realize that purchasing the homes with my own money would create such a hassle for me. Can anyone recommend a lender that is willing to fund rehab money only ? Or is that not a thing . My credit score is over 800, but I would rather not use my personal credit if possible . Any recommendations submitted by /u/bawsekickz [link] [comments] source https://www.reddit.com/r/RealEstate/comments/10lq9ew/looking_for_advice/

So I am in the process of buying a home and one of the stipulations from the listing agent in the contract is to provide the desktop underwriting. I felt uneasy about this but was reassured by my agent that this was becoming common practice. Due to my finite knowledge of real estate, I agreed but made sure to have my agent include a stipulation that it would be for the listing agents eyes only and that it must be shredded right after reading. I was BCC’d on this email. I thought“ I’ll double check what Reddit has to say about listing agents asking for the DU later.” Well later came and previous Reddit posts advised against it. Since I can’t unsend the doc, I am curious what the worst case scenario is for what they could do with my info. I double checked and my social isn’t included but still, it’s a deep dive of my financials sent to basically a stranger. Please go easy on me, my anxiety has already sent me down several rabbit holes of horrible scenarios of what could happen. subm

What are the implications: This is a cash transaction. Purchase price is net. Buyer pays all closing costs. I'm guessing when it's recorded, transfer tax is based on the PP, but not the PP+Closing costs? What else could be gleaned? submitted by /u/TheUltimateSalesman [link] [comments] source https://www.reddit.com/r/RealEstate/comments/10l1wg7/what_are_the_implications_this_is_a_cash/

Used to get really good results and recommendations, but lately it feels like something has changed. Settings I’ve turned off (pending, contingent) will still display. Locations I’ve never searched for, even out of state, will show up. It just feels broken. Has anyone else noticed this? submitted by /u/SuburbanArcade [link] [comments] source https://www.reddit.com/r/RealEstate/comments/10l03u4/did_something_change_on_the_redfin_feed_feature/

Hey, guys. Since May I've been helping my parents try to buy a house. My brother says that's not my responsibility, but since I speak better English than both of my parents and they like how I more or less work as a middleman, that's what I've been doing since then. The problem is that my dad wants something very specific and our realtor says that the current/foreseeable market makes it so that we have to act fast and not be so picky/difficult. We've made offers on 3 or 4 houses and were just about to sign contracts, but at that point my parents would back away. With one house, it was because my dad didn't like the upstairs bedrooms. With the second house, he straight up just said it looked like a coffin, so he didn't want it. With the third house, he didn't want to do house hunting errands during the holidays, so by the time he was in the mood, the house slipped through our fingers. We didn't close on the recent house because they were told that

My husband and I are first time home buyers and are in the middle of buying a house. We are very well qualified so we're putting down only 3% and our PMI on a 340k home loan is less than $100/mo with a conventional loan. We rate shopped and ended up using a 5.75% rate from Better Mortgage to get Waterstone to decrease their rate from 6.5 to 5.99. We know we're going to get way better service from Waterstone vs having to chase an online company every step of the way, so we were happy with the higher rate for better service. But then I went to sign the disclosures paperwork and noticed that rate is locked only for 30 days, putting us at Feb 9th for expiration. That was never going to work because closing is scheduled for Feb 17th. General inspection has revealed that the sellers are going to need to fix a big area of mold and water damage in the laundry room before we can close, so it may even get pushed out further. I raised my concerns last week with the LO via email and did

Hi all! I bought my house about a year ago and have put a fair amount of work into it. This includes a brand new roof and owned solar. I went through my lender to try to remove PMI. They did a BPO - while it did show an increase in value, it was not enough to get me below the 80% loan to value threshold. My question is - the BPO mentions my home has solar, but compares it to 6 other homes that do not have solar. It does not list anywhere in the BPO an adjustment for the solar. Therefore, it seems to me that the solar was not truly considered in the valuation. Is this a valid reason to submit for a reconsideration of value with a possible change? I understand real estate is local, but it seems national studies do show a small (but significant) increased sale price for homes with owned solar. Of note, when I search on zillow, I don't see a lot of recent (last 3 months) homes that sold with solar, but there have been many over the past 1-2 years. Thanks for your wisdom! submitte

Hey folks, I am looking to be a first-time home buyer this year; however, the single family home inventory has been terrible. Do you think a new home build is possible for $400k or under? Anything important to consider (I'm a noob)? Looking around Ellicott City, Columbia, Severna Park, Elkridge, and Laurel. submitted by /u/BumblebeeFearless487 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/10kytk0/build_a_house_for_400k_possible_in_maryland/

My partner and I are planning to sell his home and purchase a new home. Long story short - we are thinking about working with an acquaintance of mine as our agent for the sale . Cons: she’s relatively inexperienced and has only been doing real estate part time for about a year. Pros: I trust her, she knows the area, and she has demonstrated that she’s hard-working and willing to ask questions of others when she’s unsure about something (ex: finding comps, for my partner house is difficult for a variety of reasons). Question: how much should it matter that she’s inexperienced if she’s willing to work hard? The other part of this question is that I’m not sure we should work with her for the purchase of a new house. I don’t think she knows the area we’re looking in very well but my partner thinks it’s more important that we use the same agent for the sale and purchase since we need to time it just right. Honestly, this whole process has me very nervous and I’m very afraid of making th

I have a townhouse that I’ve owned for 8 years (since 2014). I am looking to move closer to where my kids are, so although the market is tricky right now, I am a motivated seller/buyer. My price range is around 400-500K. I am hoping to get a SFH , but I don’t really have enough money to get any new build SFHs or 2700+ SqFt SFHs (575K+ in my area). My strategy is to try to get a SFH home that’s older and less SqFt. I am thinking something closer to 2000 SqFt and built before 2000. I am hoping for 4 BRs or 3BR with the ability to add or repurpose for another BR. Typically these older SFHs have bigger yards too (I have a few dogs). I have seen houses in this range in good shape go for around 450-475K, and that’s what I’m hoping to capitalize on. I am hoping the spring market brings more inventory that fits this mold because inventory is low and what I’m looking for is very specific. My “Plan B” would be to get a townhouse in a slightly lower range. I am adamant about being patient for

Would you do a 15/15 arm at 4.875 possibly (4.375) or a 30 year at 5.375? The arm sounds tempting. I don't plan to sell as I am a buy and hold investor. submitted by /u/sleepallday19 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/10k8hwa/1515_or_30yr/

Is gift of equity actual equity in your home that you buy? Say I wanted to sell my house under market value to a family member and gift them equity. Would they have actual equity in their home? I’m getting several different answers from lenders and I want to know if anyone actually knows what they’re talking about?! submitted by /u/McJessie91 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/10k7be6/gift_of_equity/

percent of homes with price cuts fell again this week to 34.7%. Less demand than the frenzy, but improved from Q4. See http://altosresearch.com I’d post the graph but not allowed submitted by /u/mabohsali [link] [comments] source https://www.reddit.com/r/RealEstate/comments/10k5m6q/of_homes_with_price_cuts_fell_again_this_week_to/

should i buy this? decent investment in this area? what shit do I not step in doing this deal? submitted by /u/drsamreiss [link] [comments] source https://www.reddit.com/r/RealEstate/comments/10k563h/condo_at_58th_and_3rd_nyc/

I apologize if this is stupid. We’ve lived in our house since 2008. It was my great grandparents and passed down. It was deeded to me and my husband in February 2021. So in February 2023 it will be 2 years living here with it in our name for 2 years. So we get up to 250,000$ exemption I believe for capital gains taxes. No mortgage. We are in the process of painting, had all new windows installed (none used to open), replaced all interior doors (none of them used to close 😂), etc. It was built in 1947 and look’s actually really nice. Proud of ourselves. Who do you contact first and how soon in advance? Real estate agent or mortgage/bank? Or does it matter. Does a higher down payment lead to lower interest rate on new house? Most funds from sale will go as down payment on new house. So we are looking at anywhere between 30% down to maybe 44% down. My house is worth 150,000$ or more and looking at up to 300,000$ for new house. So I’m just estimating 110000$ down. I’m near a univers

I just recently turned of legal age and I'm still on my mom's two bedroom section 8 apartment voucher. This is my first time moving with her as an adult but I've had plenty of experience moving as a child/teenager and I never recall moving into a dirty apartment/house. We did a walk-through of the apartment we're supposed to be moving into a few days ago and it wasn't cleaned yet. Sawdust on the floor, ashes in the bathroom sinks and toilets, floors not cleaned, refrigerator not cleaned, things still in sinks, etc. Our landlord said she would have a cleaning crew there Monday. She then called monday asking to meet at noon because the section 8 inspector would be there and we needed to sign the contracts, and the apartment still wasn't cleaned yet. I told my mom I wasn't comfortable with that considering how the house looked beforehand and she said it was normal to move into an apartment in that condition. Said she's done so in the past and cleaned it he

submitted by /u/erikajim192 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/10k05n6/looking_for_motivated_sellers_that_are_selling/

Looking at a townhouse and have made an offer. Inspection is tomorrow. Only damage we found during walk thru (pre-offer) was this window in the basement that leaked. I’ll have the inspection person do a moisture test, but I’m not sure who to contact beyond that. If we go through with the offer, we will naturally want this to be discounted. Do we call a window company? Basement leak company? General contractor? It’s a townhouse with an HOA so potentially it might be an HOA issue too. This is in a Chicago suburb. https://imgur.com/a/jfBnoDw Edit 1: We have 5 days from today to do our inspection, it’s scheduled for tomorrow. Earnest money is due by Wednesday and we will hand it to the seller’s agent at the inspection. My guess is that this window casement broke due to settling, townhouse is 12 years old. If so, perhaps just a new window is enough. submitted by /u/throwawaysioux [link] [comments] source https://www.reddit.com/r/RealEstate/comments/10jdqp2/townhouse_wi

I have had an ongoing discussion/argument with my wife about the possibility of closing off our entry way foyer to make an upstairs office and i would like a professional opinion about what is more valuable as it relates to resale value. ​ We own a home in a development in a southern Snohomish County city that is within the commuting area of Redmond, Everett and Seattle. The home itself is 4 bd 2.5 bath and just shy of 2,200 SQ ft (2,198). The foyer is 11'x10' and is a full two story with 18ft ceilings. If we close off the foyer the entry way will have 9' ceilings. ​ My question is, on the resale market, what is more valuable having a 2-story foyer or having more living space? submitted by /u/frostyf3at [link] [comments] source https://www.reddit.com/r/RealEstate/comments/10jbq3f/question_regarding_a_potential_remodel/

From the termite inspection, they found a live swarm just outside the home, near an exterior wall, as well as damage in the basement in an exterior wood joist, and some floor-level basement wall wood framing. The termite inspector says he sees this kind of damage in about 30% of homes in the area and that it would not keep him from purchasing the home (though he was recommended by our realtor, so IDK how much I trust that). He did say the home was previously treated in the 70s or 80s from his estimation. Termite damage was found in the basement (old or new who knows). We can easily see about 1/3 of the basement (unfinished), but are flying blind on the other 2/3 of the basement which is finished and was newly painted before listing. Our due diligence ends this afternoon, if there were no termites we would be good to go, but we are worried about the current market and if home prices drop and we end up finding more damage we would not be in a good place since we are already planning

We’d like to buy a house in the very near future and want to be ready when the right house comes along as inventory is still quite limited in our area. Should we refinance our house now (taking $300-$500k cash out to hold) to have ready for down payment or should we do it when we find the right house? We don’t want to hold on to the cash for too long, but also don’t want to miss out on a house if this process might hold us up when we do find the right one (not sure how long refi typically takes)? We will not be selling our current home, going to lease it out. submitted by /u/TimeInterview8042 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/10ja17a/refi_cash_out_timing_to_hold_for_down_payment/

I bought a property in Colorado many years ago but never lived in it and am trying to sell it. I am trying to fill out the seller's property disclosure form but it asks for very specific questions like structure problems and roof leak. And other information, but since I never live in it, I do not know. should I hire a house inspector to inspect the house first so I can fill all those issues in to the disclosure or fill out only what I know? I just went to the house and try to see what issues I can visually see but not being an engineer I can't be 100% sure of anything except just what I can visually inspect. I read online that I can be liable or sued if I fill this form out wrong. Thanks for any advice anyone can provide submitted by /u/caseyrobinson2 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/10j8ls1/trying_to_sell_property_and_filling_out_sellers/

When I search a property in SF on Zillow, it populates estimated property taxes at the rate of .67%. Example: https://www.zillow.com/homedetails/770-Funston-Ave-San-Francisco-CA-94118/15099027_zpid/ But when I search online I find the SF property tax rate showing 1.17973782% https://sftreasurer.org/property/secured-property-taxes#:~:text=Secured%20property%20taxes%20are%20calculated,2022%2D23%20is%201.17973782%25 . submitted by /u/PizzaMan11554 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/10j6jve/question_about_property_taxes_on_zillow_properties/

so, over the years I have been buying crypto through Coinbase and cash app, with documentation on every purchase (through my main checking account). I have been sending to other exchanges / dapp platforms and have made money through those as well. Fast forward to now, and I am in full contract of a condo and have used some crypto proceeds for the down payment. I did not wait for the funds to season, but have been cashing out crypto for a while now through Coinbase and my bank account and it has never been an issue, as I have paid taxes on all of these cash outs. Should I have to worry about the underwriting process if I am able to source where all my funds originated from? It was only a couple thousand dollars from crypto, but I am worried it might be an issue. Any insight would be very appreciated! Thanks! submitted by /u/AnyCandidate3674 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/10ilwzq/buying_a_condo_in_ny_sold_crypto_for_usd_for/

Is it still possible to go cash flow positive with current market? I am trying to brainstorm, may be putting down bigger down payment. Can you guys share your ideas. Thanks in advance. submitted by /u/ocean-airseashell10 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/10ikaa0/cash_flow_positive_with_current_rates/

Do any of you send a pre-listing presentation over to your sellers? And if you do what do you include and what format is it in (ie pdf, website, issuu)? I’ve noticed some sellers in here, if you’re picking a listing agent what would you want to see in a pre-listing presentation? submitted by /u/seadanyatr [link] [comments] source https://www.reddit.com/r/RealEstate/comments/10ij89y/prelisting_presentation/

Hoping someone can help with this. My wife and I made an offer on a house a couple of weeks ago, they countered and we accepted. We signed a purchase agreement... Last week, we had the house inspected. There are some electrical repairs required to be brought up to code, the roof has a leak and it's about at the end of its life. The sellers are excited for us to have the house and are willing to work with us and possibly have the roof replaced themselves. That was our biggest concern.. Then we forwarded the inspection report to our loan officer. They sent back tons of things as "required" repairs.. Some of which are ridiculous. • The height of the chimney is too short if we ever intend to burn wood in the fireplace (we don't-it has a fully functional gas fireplace which is what we would use.) • The railing around the patio spaces, the decks, etc., are spaced too far apart or are too short. (Only a true hazard for small children-don't know any, never plan to have o

I would love to see some examples of what you amazing agents are doing for presentations to new seller leads when sending them their CMA...I'm thinking of sending a modified version of my pre-listing presentation, but would love a little inspo! So far, I have only come across this one: https://resources.highnote.io/projects/jay-cottrell-exp-realty-listing-presentation Let me know your thoughts. submitted by /u/opsq86ppzl [link] [comments] source https://www.reddit.com/r/RealEstate/comments/10iglik/any_ideas_of_great_presentation_templates/

I'm not talking about ~5% less. I'm talking about ~15% and up :) Either an offer you've made or maybe someone you know has. I live in San Diego and don't want my mortgage to be 3K for a 2 bedroom condo (first time home buyer), so I want my agent to offer 20% less than asking price on multiple properties that have been around for 30+ days. The prices range from 350 to 450K, so we could be talking about a 90K discount, but I feel like I have nothing to lose, either that or I'm not buying. submitted by /u/V-M-S [link] [comments] source https://www.reddit.com/r/RealEstate/comments/10igbv2/do_you_know_successful_stories_about_offering/

So, my parents have been married over 40 yrs, both of them this is the second marriage. My mother and step father had 2 children on each side before marriage and no kids on their own. Father (step, but basically a dad to me) just got diagnosed with terminal disease. They just sold their house for a million (usd) and closes escrow in 3 weeks. The goal now is to make sure mother is protected financially. I’m totally green when it comes to trusts, but a friend of mine recommended parents put the home sale money into a trust. What’s the difference between just putting into a bank account over a trust? I do have a hunch the step sons of my dad could pull some shenanigans and in his death see that my mom doesn’t get any money. Any help would be great or questions I could ask my parents? submitted by /u/DryFunction2022 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/10iekiv/proceeds_from_home_saletrust/

I’ve been thinking about it but to be completely honest I’m not sure about it. Currently living in the Chicago suburbs. My rent is 2000/month including utilities in a really nice apartment. I’m looking at a house that would cost me 450k. Definitely nicer and quality of life would go up but monthly costs per Zillow roughly 3600. And then I would have maintenance costs and furniture. Currently it’s just me and my girlfriend. She’s in school working part time so I’d be paying pretty much all of it. I make good money so I’m not worried about that but wondering the practicality and increase in work burden for me. Furthermore she might move for school in a year and I don’t plan on being here more than 3 more years. Should I keep renting or purchase? submitted by /u/Apolitical933 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/10hpbvb/should_i_buy_a_house/

My partner and I own a 4 bedroom home in a nice suburb. I happen to love this home despite that fact that it could use some updates. A few months ago I my job contract ended and I took a job offer in another state. Despite me not wanting to move the money was great and it’s a great opportunity. So I accepted the position with a start date of next month. We came up with a plan together. First, I would move to the new location and rent an apartment for 6 months to get a feel for the area and not delay my start while our home was on the market. Sometime in April/May we’d put the house up and hope it sells by June/July. That way our son would have time to finish school here, too. Then since my lease would be ending we would look for a new house, having had a few months to get acquainted with the new area. I liked this plan and felt it was pretty solid. We invited our realtor, who is also a family “friend”, over to discuss our plans. She ended up convincing us to privately list the house

Let me know if you can! I am on social security and I am wanting to learn sales. Jeremy Miner is really easy for me to learn from being autistic but I cannot afford 3k. I at least wanted to look at the course before committing that much too. Thank you! submitted by /u/CatAvalon [link] [comments] source https://www.reddit.com/r/RealEstate/comments/10hq4sl/does_anyone_have_the_nepq_20_course_and_can_share/

Are we talking minutes or hours? submitted by /u/therealkenkaniff [link] [comments] source https://www.reddit.com/r/RealEstate/comments/10hp8ez/agents_how_long_does_it_take_to_write_a_property/

It is coming up on our 1-year warranty for a new construction SFH. We had a home inspection done prior to closing but weren't sure if we need another one right before we submit our warranty. If so, would you recommend using the same home inspector or an inspection company that specializes in warranty claims (not sure if there is a difference)? submitted by /u/msgidol [link] [comments] source https://www.reddit.com/r/RealEstate/comments/10hnye4/do_i_need_a_home_inspection_for_my_1year_warranty/

Clearly there are a lot of doomsday harbingers heralding the pending 08 style explosive housing market crash. From the investor perspective, that's a major investment opportunity isn't it? There has to be a way in which you can "borrow" properties, use them to generate cash, and then give whomever did the lending their properties back? Or better yet, is there a way to loan hard cash but return properties? If you wanna play safe it makes sense to have a little hedging as insurance policy? submitted by /u/ZacEfronsLeftNut [link] [comments] source https://www.reddit.com/r/RealEstate/comments/10hm1sp/is_it_possible_to_shortsell_properties/

He also says I must do all the repairs needed on the property from my own pocket. That when I leave the property must be clean and in perfect condition. I pay him the rent by advance and also gave a warranty. I came to this renter because I had to move ASAP, didnt have a choice nor time to look for another and now that he raised my rent by 100$ I am thinking in moving and looking elsewhere. Want to know if this is normal between renters or he is abusing me. Wish to know what are the duties of the Landlords, if they only receive money for their property and thats it, like my current renter, or if they have to put something in exchange or have responsabilities. submitted by /u/HardTruthssss [link] [comments] source https://www.reddit.com/r/RealEstate/comments/10hku6g/i_am_a_good_tenant_want_to_know_if_i_have_a_bad/

submitted by /u/Capital-Ant-1303 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/10h0e83/how_can_i_finance_building_a_small_industrial/

submitted by /u/Rckt-man [link] [comments] source https://www.reddit.com/r/RealEstate/comments/10gywmw/can_i_lend_money_to_another_of_my_businesses_to/

My wife and i will be building late next summer amd probably listing our current home around the same time we were appraised in 2021 for a refi so i have that number. Since then we’ve renovated the kitchen dinning room bathroom and bedrooms. As well as putting all new windows with a transferable lifetime warranty. We have had some local interest on our home and they have asked what we will want for it. My only answer has been ill have to get it appraised. If someone saves me the trouble of listing it and going through the market bs while we are building i dont mind giving them a fair deal but dont want to shoot myself in the foot either. submitted by /u/finiganz [link] [comments] source https://www.reddit.com/r/RealEstate/comments/10gwsh1/should_i_do_an_appraisal_before_listing/

I'll be moving soon but will likely return. My options one are to leave my place vacant, rent it, or sell it. Due to the unique and attractive qualities of my house, I''m exploring a fourth option: selling my place with a buyback provision. I think in terms of the stock market and this is like selling stock and buying a call option. Anyway, how difficult would it make selling? Scare people away because it is uncommon, or possibly be attractive for to the y terms? And because of how uncommon it is, what kind of terms could I expect? Here's an example. Let's say my home is worth $500k. I want to sell it now with a buyback provision such that I can buy it back in 5 years. It could be a discount or a premium structure, like bonds. A. I'll sell it to you for $350k today if I can buy it back at the same price (or perhaps something higher) in 5 years. If I don't want it in 5 years, then you keep it at this awesome price. If I want it, you'll have had 5 ye

Lake City Roof Gardens is the most delinquent project from a high-profile, company committed to providing a high level of living standards to the citizens of Lahore. Taking the real estate development landscape to a whole new level, the apartment complex redefines vertical living in the city through innovative architecture and transcendent design. submitted by /u/PropertyBuyRent [link] [comments] source https://www.reddit.com/r/RealEstate/comments/10grbfx/lake_city_roof_gardens_tower_2_location_features/

Dear Mr. and Mrs. Please be advised that this law firm represents and with respect to the above- referenced property. As you are aware, the Property lies adjacent to your own and is accessed by its road frontage on Southe • Road over the private road known as ›Lane. Although your property has significant road frontage along. Road, I am advised that you have asserted some claim of right to use Lane for access purposes. I write to correct that misapprehension. You do not have a legal right to use Lane for any purpose. • Lane is a private road and is part of my clients' property. Nevertheless, you have repeatedly driven over my clients' property to access your own. Please see the two enclosed photographs taken on January 14th and 16th which show you and your vehicle at a point outside your property which could have only been reached by trespassing upon my clients' property. My clients have also informed me that you have advised them that you intend to direct a moving company