I am not a realtor, but have several friends who are. I do work in apartment management, which also has a lot of lost time and effort to make the bulk of your money (commissions), but at least we also make hourly even when we don’t lease, and our ON TIME ends at 6. I see a LOT of posts here from people saying that realtors don’t deserve their commissions. They totally do. Until you’ve done the job yourself, please don’t criticize. I just saw this post on FB and wanted to share because it’s so important. “To the Realtor who spent months writing offers, driving buyers around to showing after showing, spent nights and weekends working and took time away from their families, only for that buyer to ghost them and call a listing agent off a sign or that they saw online (or they found a FSBO and decided they would cut everyone out): I'm so sorry. 😢 To the Lender who spent months working with a buyer, sending many payment calculations, reviewing documentation upfront, spending time ...

Where is it? California? Canada? r/originalcharacter ? I forgor submitted by /u/crxytal [link] [comments] source https://www.reddit.com/r/RealEstate/comments/16w8el9/i_still_cannot_find_the_estate/

Title: "The Shapeshifter Within Our Lives: Embracing the Inevitable Force of Change" submitted by /u/bullsharkowski [link] [comments] source https://www.reddit.com/r/RealEstate/comments/16w5ab1/title_the_shapeshifter_within_our_lives_embracing/

Talah new capital is considered one of the best compounds in the Seventh District, as it is located in the New Administrative Capital. Talah New Capital is distinguished by its location, as it has many modern designs. submitted by /u/newaqarrealestate [link] [comments] source https://www.reddit.com/r/RealEstate/comments/16w4abt/talah_new_capital/

Has anyone ever sold a property to Open Door ? How was the experience? Was it difficult ? Did you feel supported in the process ? I have a condo in Southern California that I need to sell as quickly as possible . I am considering Open Door because I’ve heard they can close on a property in 14 days . Renting the condo out is not an option . Any thoughts on selling to Open Door or other IBuyers ? submitted by /u/Cute_Parfait_2182 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/16w2z17/selling_to_open_door/

(Title) submitted by /u/Tiny_ChingChong [link] [comments] source https://www.reddit.com/r/RealEstate/comments/16w2ii5/how_do_you_think_the_growing_amount_of_single/

My husband and I just recently bought our first home in north Texas. We fought very hard for this home and it has quite a roomy lot. Our property line runs right up against our neighbors newer built home. We have lived here 2 months and our neighbors have approached us three times about buying roughly 1700 square feet of our land so they can build a shed. They said the previous owners agreed to sell the land but they moved before it was finished. Today, the third time we were approached, we were told they offered the last homeowners $1000 for the land, a fence, and cost of the survey. Something feels uneasy about the he whole situation. We just bought this land and we keep being approached about what the last home owners agreed to. We haven’t even had time to envision what we would like to do with the property in the future. How do we softly tell them we decline? submitted by /u/The-Jessi [link] [comments] source https://www.reddit.com/r/RealEstate/comments/16w10hm/first_t...

Where was the estate submitted by /u/crxytal [link] [comments] source https://www.reddit.com/r/RealEstate/comments/16v8u16/it_said_there_was_estate_there/

So my dad just retired and applied for a loan. They gave us 220k and we searched for 2 months. Today [9/29] is our closing day. Last night the loan officer contacted my dad and told him unless we sell a car our loan would be denied. Why would they wait the day before closing to suddenly change their mind? They said my parents debt to income is too high since we have been unable to sell the current house we are living in. We already put down 10k to secure the house so that we could get it. The officer said that before we sell one of the cars we have to contact them. After it sells we have to show them a title of the car being transferred, the amount we got, and then all income in our accounts. My father asked if it falls through what happens to our 10k we put down. The lender said that it wasn't their problem and we would have to talk to the seller to get the money back. They also said b/c they were with us this long that we would have to pay them for their services even though t...

I just turnt 19 and still stay with my folks in a 3 bedroom single wide trailer, and there’s 6 of us. I just recently started helping my mom with rent and now starting to notice how shit the place we stay in is for the price we pay, and so I started to looking for places around us and found a nice place for rent but it’s a bit out of our price range. I was wondering if there’s anyway I could or I could help my mom get a mortgage for a rental, if that’s even possible? And I’m in SC if that matters(Idk what tag to put on this question so I hope I get a reply) submitted by /u/X_crylix [link] [comments] source https://www.reddit.com/r/RealEstate/comments/16v7qe8/can_you_use_a_mortgage_to_rent_a_place/

Sorry if this is the wrong place to post, maybe it should be in legal advice? I was renting a mobile home to someone and they signed to buy it and then the next day texted, “are u guys going to change the contract to say if we get rejected u take it back”. Phone calls ensued and they said that they wanted out because they were afraid they wouldn’t get approved for lot rent. I said I would help them if they like and they didn’t press the issue. They moved three dogs, a cat, and four Guinea pigs in (yes, the animals have stunk the place up), tore up the flooring, painted (most of) the kitchen pink but didn’t finish the paint job, glued the window shut on one end, painted the wooden bathroom door on one side and flipped it around so it doesn’t latch now, and did a poor refloor job in a different room than the one previously mentioned. A month later (now), they are saying they got denied on their application for x reason, an easily corrected reason. When I pointed this out, it changed to...

Honestly this small town law firm has been a nightmare. Despite multiple attempts at communication, they just suck. I finally got paperwork yesterday for a closing today (Friday). And the mortgage payoff amount seemed wayyy low compared to what I owe on my mortgage. I flagged it and was told the amount was a verbal quote and may be updated and it’s fine with electronic signature if it comes back different so I got the paperwork all notarized. I checked back in 2x yesterday asking if they had an updated amount and they never got back to me. Is this normal? Anything to worry about? I tried asking my agent but she’s always like, oh it will be fine. submitted by /u/RittB8 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/16v5gly/closing_is_tomorrow_and_mortgage_payoff_amount/

BookE is a Shopify app allowing to use a Shopify store for your property rental business. The app works by adding detailed property and accommodation information to Shopify products, enabling to rent out various types of spaces (individual rooms in a house, hotel rooms or hostel spaces, etc.) and provides essential features for rental businesses (daily rates, seasonal pricing options, etc.) submitted by /u/najfajniejszy [link] [comments] source https://www.reddit.com/r/RealEstate/comments/16v4qrm/managing_a_rental_property_business_and_creating/

We have the opportunity to purchase a commercial property with loads of potential. However it has been neglected for quite a while. It doesn’t have any structural issues I know of but there are cracked windows, random water damage, etc. What are banks/appraisers going to deem not financeable, what will we absolutely have to fix before we’re able to purchase? I plan to speak to professionals but I’d like to get some preliminary info in case this isn’t possible at all. submitted by /u/barepines [link] [comments] source https://www.reddit.com/r/RealEstate/comments/16ueslk/what_makes_a_commercial_property_not_financeable/

[Reddit Post] Title: Unveiling the Enigma of Identity: Rediscovering the Essence of Solitude submitted by /u/bullsharkowski [link] [comments] source https://www.reddit.com/r/RealEstate/comments/16ueg0a/reddit_post_title_unveiling_the_enigma_of/

I bought a out of state multi family. The closing last 4 months due to the seller not performing the repairs per our initial agreement. we agreed on foundation repairs to be done by the seller. However, because the seller wanted to close quick, he got a quote from a company ($16k) I got mine from another contractor to avoid any potential collaboration between the seller and the company, they quote at $18k but the seller refuse to go with my contractor, to save $2k. I was ok with that as the funds ($16k) would be withhold in the escrow account and will be released only if I have a reinspection report that attest they did the job correctly. The work has been completed since September 8th and I wasn't notified. I called the title company and they told me my realtor agent informed them to wire the funds to the contractor which they did without informing me. I contacted my realtor agent yesterday (3 weeks later) to understand his approach and why he proceed without event informing me...

I have a duplex (also stable W2 income), when its fully rented I end up with about $500 NET cash monthly plus principal pay down. It has a vacant unit right now and the applicant pool is obviously past peak.... There are other risks to this building: my other long term tenant give me cause for concern, they're setting themselves up to cause my trouble some time in the future, although they currently pay on time and are courteous. There is deferred maintenance, maybe $10-15k worth if I was to handle all the nonurgent things. There are trees on the neighbors property that could be a problem for me. I'm wondering if I should sell it now with a vacant unit or hold and just grind until I find a new tenant for the vacant unit. If I did this, I would probably have to devote a year or two of proceeds to the deferred maintenance. Selling should net me 90-100k cash, or a little more if I 1031, but I don't know what I would 1031 into. Obviously holding is always going to be the b...

Hi all, please let me know if this is the wrong subreddit to post, I need some advice. I was a buyer in a commercial real estate transaction in North Carolina, Cabarrus County. I emailed a contract cancellation notice 6 minutes before the end of the examination period, so I could get my earnest money back. (Full earnest back during examination period no questions asked) We did it last minute because we really wanted to extend the examination period and the seller kept playing games, they sent an examination extension notice 3 minutes before the examination period was over. No realtors are involved. It is me the buyer, seller, seller's attorney, my title attorney. The seller's attorney does not want to release my earnest money and he is arguing I did not give proper notice but I did. I misspelled the attorney's email address but I emailed the seller. The seller's originally listed email from the contract was deactivated and bounced back, I immediately wrote another em...

What does it mean if on a survey drawing it says this deed was prepared without benefit of title report? submitted by /u/A5itate4_63819 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/16tignh/survey_prepared_without_benefit_of_title_report/

Ok, a bit dramatic but this situation is like some B story in an 80’s movie… So our close friends have a small campground on their family land. We have known them for a while and we have been looking for land near the campground so we could possibly start a business that works with theirs. One person is selling 17 acres that they have been approached by a developer. Its the only chunk ion the river that is not owned by someone who will never sell. If this is sold it will be developed and it will destroy the entire river valley. We are trying to convince the seller to give us some time to pull it together and purchase ourselves. I am low income but I have some decent savings. Any ideas how to procure 17 acres for 400,000? Any scenarios where I could feasibly make this happen? Any and all ideas welcome. This is a hail mary but it would be our first home and forever land. submitted by /u/Ninjamowgli [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1...

Hi New homeowner here and we just bought March of 2022. We just got a notice in the mail about Property Reassessment. We live in West Orange, NJ. When moving in, we redid our kitchen, installed a new central a/c system, had an electrical service, fixed some small plumbing issues, and redid the flooring in one of the rooms. Also the last assessment was done almost 12 years ago and very undervalued compared to purchase price: Purchase price was 525k and and current assessed value is $296,900. We have some other comparable on my street that did major remodeling/new constructions that have a lower assessed value than me. They left a note on my door asking to do an interior inspection and the brochure they sent threatened that if we don't do an interior inspection they will assume the highest possible value. I have no experience with these assessments before and wanted to get everyone's thoughts. Should we let them in at all? Is it worth letting them in and seeing what they co...

Lakefront Suggestions Husband and I are hoping to buy a lakefront home (under 600k) next year. We are in our 30s with no kids yet and would like to find somewhere that’s not too isolated from restaurants, shopping, and entertainment. Leaning towards Lake of the Ozarks because we’ve heard there’s a lot to do on the lake. Opinions? Any suggestions on other lake locations that aren’t too isolated? We both work remote so we’re open to looking anywhere. submitted by /u/NellowBella [link] [comments] source https://www.reddit.com/r/RealEstate/comments/16th3lf/where_to_buy_a_lake_home/

I haven't shopped for a home in over a decade, and it's always been in Texas. The current experience in the PacNW is eye popping. First, it's hard to stomach seeing houses that sold for $350k 7 years ago double in price, climbing in $100k increments the last 3 years. But this inflation? seems common -- at least when homes are initially listed. However, I have also seen that after roughly 30 days on the market the prices on most places start dropping in increments of $10K to $25K. I realize that some sellers need to sell whereas others don't, but in the main there are consistent patterns. So I made an offer on one place (a 1999 build, on the market over two months.) for $25K less than most recently discounted asking price of $700k. Inspection revealed that the home needs a new roof and complete exterior paint. "My" realtor said he's never heard of a seller agreeing to replace a roof, much less repaint. Ultimately, I decided to bail out and get my earnest ...

Ive read somewhere that there are lists that list every foreclosure in each state - does anyone know where I can find those lists? Thanks in advance! submitted by /u/sharkymcstevenson2 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/16teokl/where_can_i_find_lists_of_active_foreclosures/

submitted by /u/swiss_stockwarrior [link] [comments] source https://www.reddit.com/r/RealEstate/comments/16tegrx/the_best_and_most_lucrative_real_estate/

Is anyone here a commercial real estate sponsor? How big are your projects? What does your ‘in house’ sponsorship team look like, (ie, partner or a jr staff/full time analyst)? submitted by /u/prpleringer [link] [comments] source https://www.reddit.com/r/RealEstate/comments/16tedil/commercial_sponsor/

This is probably the wrong place to ask this but here I am.... I'm 29, just bought my first home (finalised building inspections today)... buying it solo (no partner or kids). My lord the hurdles I have encountered for this house seem never ending. To the point it has affected my mental health to the point I can't stop thinking suicidal thoughts. Please tell me I'm not alone in feeling this way! Like is this a normal reaction? submitted by /u/tashlouise94 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/16td3zr/just_bought_my_first_home/

Hello All, I have one simple question that probably does not have a simple answer. Should I buy a home now? This would be my first house as I just graduated college in May. Maybe I’ll add a second question…how easy is it to refinance in the future when interest rates and everything settles? Thank you! submitted by /u/seanyboy_1998 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/16smpt9/first_time_home_buyer/

Hi there, Was not in the home market, but was in the warehouse renting market as I need space to conduct business. My home rent is $850 and potential warehouse rent is $1500-2000. I found a house that can solve both of those needs for $305k and $2550/month, which is great considering I was about to have $2300-$2800 move to a landlord per month. The home was built in the 50s, is 1275 ish sqft and features almost 1800 sqft of garage storage space which would allow me to stop driving 10 minutes to a warehouse a day and work out of my garage. Is this the ideal set up for me? Is it possible to find a 800-1000sqft home (at around 50k) needing complete remodel that I can also build a 2000sqft garage on for less than 305k total? submitted by /u/Tayzski [link] [comments] source https://www.reddit.com/r/RealEstate/comments/16slxgv/property_with_garage_workwarehouse_space_vs/

Hello. I recently bought my first home and was super excited. I’m 26 and single. Thats until I realized the development behind me was going to be a 200+ unit apartment complex on an already busier street. Home was 355K with homes around it going for 400K plus brand new. To make matters more interesting this will be strictly affordable housing. While I’m not against it bc I know homes are expensive in my area anytime I mention it everyone acts like it’s the boogyman and I should sell immediately. Is that the case and I should sell? Tbh I feel stupid for not doing my research before buying but that’s on me. submitted by /u/No-Arm2062 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/16slr80/does_high_density_cause_home_price_to_depreciate/

I just wanted to know who can do this course. Like do we need a technical background ? If not then what criteria do we have to follow? submitted by /u/momo_yourfavourite [link] [comments] source https://www.reddit.com/r/RealEstate/comments/16shm7b/who_can_do_the_property_valuation_course/

A lot of people think a crash is coming, on par or worse than 2008/2009. Serious question, where will the supply come from for that? A lot of people dead in a war or pandemic? Builders building enough new homes? (I love remote jobs but only so many jobs do that and only so many houses can be near the jobs.) Massive economic crash? Where? Airbnb bust? Considering how many airbnbs are rooms or tiny houses in backyards, I don't think there's nearly enough Airbnb homes to make an impact. Plus, we can't all live in Gatlinburg or blue ridge. And how many airbnbs will simply be turned into long term rentals homes if the Airbnb market busts? submitted by /u/Western-Kale3063 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/16rwjz5/where_would_supply_come_from_for_a_crash/

submitted by /u/servicestays [link] [comments] source https://www.reddit.com/r/RealEstate/comments/16rv861/is_buying_property_near_a_us_military_base_a_good/

Does anyone have any recommendations for a book or other resource for a first-time home buyer? I feel totally overwhelmed with figuring out how much to buy, how much reserves to have left after buying (for unexpected repairs), how to pick a lender, how much to put down (more than 20% with these interest rates?), what to look out for in a house, what to avoid, etc. And I know that there’s tons I don’t even know I don’t know! I tend to get overwhelmed by reading a ton of websites, so would love one overview source to at least understand the basics and figure out what research I need to do. Any ideas? submitted by /u/thetell-taleraven [link] [comments] source https://www.reddit.com/r/RealEstate/comments/16rt37q/guide_for_firsttime_homebuyers/

Remove property lien Hello, I’m currently trying to sell a property in Cumberland County, NC which had a title search done on the property. It came back there was a lien on the property from a moving company I never heard of. I call the Clerk of Courts and the lady told me that even though it wasn’t me they just attached the lien to a name. Which happen to be my name cause the other person who the lien is for has the same name as me. This occurred in 2018. How can I remove a lien I know is not mine because I haven’t live in the area for more than 20 years. Any advice is appreciated. submitted by /u/reggiedoom [link] [comments] source https://www.reddit.com/r/RealEstate/comments/16ronnk/nc_property_lien/

I’m looking for advice on what I should do next, if anything. I’m thinking of letting this issue go but I had some good advice on my last post so I thought I’d ask this question here. I didn’t realize what she did was so unethical, but I do now. My husband (H) and I were in the process of buying a condo for our son to rent back to us. We were using a friend who had started as a realtor about a year ago. We were her first home purchase last year when we bought our SFH and also helped us buy a condo 6 months ago. My husband became friends with (D*) about a year and a half ago and I have since become friends with her as well. I found out H was cheating on me with someone else. Basically a sugar daddy type situation. While I’m digging into this, I found out H has been sending D a LOT of doordashes behind my back. They involve about 30 deliveries of food, groceries and flowers to the tune of about $1700 all while she my agent. H came clean about it but D never would. She denied and lied ...

Can and heir be held liable for a title breach on their mother’s warranty deed in Kentucky if she is now deceased? The heir did not sign anything on the deed. submitted by /u/Red1910 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/16rl92b/warranty_deed_question/

Someone recently posted a legal description that read Township 54 north, range 77 west, etc etc. Section 5: lot 1 & 2 The reference to "lot" means Government Lots. When the township was originally surveyed 100+ years ago these lots were created along lakes and rivers. Also they were often created along the north and west sides of the township to help account for the fact that a perfect township is square but the world is roundish. Scanned copies of the original township surveys are online. Do a search on: BLM GLO. Click on the first hit. Scroll down a bit on that page and click "Survey plats and field notes". ​ submitted by /u/Jelfff [link] [comments] source https://www.reddit.com/r/RealEstate/comments/16qwo4i/tip_to_help_find_location_of_government_lots/

https://forms.gle/yiaKuErG8ybgUB8GA submitted by /u/Top_Signature_8999 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/16qvis8/pls_help_me_in_my_survey/

https://pepe-web3.network submitted by /u/NumerousSomewhere772 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/16qtrkc/pepe_makes_a_comeback_generously_rewarding_again/

We’re looking at a house and one of the bedroom ceilings has two large oval patches in the paint. It’s a textured ceiling and there’s texture missing in these areas. Owner says it was a bad paint job. What are the chances it’s actually just a bad paint job? Roof looks decent from the outside and house was inspected. submitted by /u/finfreelife [link] [comments] source https://www.reddit.com/r/RealEstate/comments/16qrwj5/bad_paint_job_or_water_damage/

By all means, waiting for a lower interest rates does not necessarily mean more affordability & that’s even IF and when they drop. If we’re talking about what’s more affordable on a $300,000 loan at 3% vs 7% interest, the answer is very clear and self explanatory. Let’s assume a case study at 1234 fake street; home’s fair market value is currently $300,000 year-to-date & interest rate is 6-7.5% By waiting another 2-3 years for interest to drop, is not going to guarantee the subject property(1234 fake street) is still going to be worth $300,000. Depending on the location and a few other factors, chances are the property’s fair market value will appreciate anywhere between 6-15% possibly even more. Which a 15% increase in value two years from now is $345,000. As I’ve mentioned above, it can appreciate more than 15% in two years & totally depends on your market. LOAN AMOUNT, type of loan, credit score, interest rate & PMI (if less then 20% down payment) is what ultim...

What platforms are millennials edged out of the housing market using to find rentals? Zillow, street easy, craigs list? Or is better to connect with a. real estate agent that know your market and financial situation? Also if I have some crypto and want to use it for rental payment, etc are there platform that can help me do that? Don't know where to look. submitted by /u/Lucatoni88 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/16q0mg9/millenials_looking_for_housing/

This is our first time buying a home. What would an average cost be for an inspection for a new build 4 bedroom house in CO. submitted by /u/Bslm34 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/16pyxfo/cost_of_an_inspection_for_a_new_build/

If I were to install a waste water treatment system on my property in NZ without resource consent but built to engineered specs can I get in trouble from the council? Currently there is no treatment system at all. I have the money to fix the issue but not enough to pay Auckland Council for the pleasure. Feel a bit stuck between a rock and a hard place submitted by /u/Greedy_Assistance675 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/16pyicj/council_consent/

Bathrooms are leaking as have been for som time - mould issues flagged on building inspection- would you run from this? submitted by /u/dudewatnow [link] [comments] source https://www.reddit.com/r/RealEstate/comments/16px5nx/would_you_buy_a_house_with_possible_black_mould/

My situation: ​ Currently renting my former primary residence and I'm liking the cashflow, but I'd like to sell. I'd have have $500k in cap gains (bought for $500k, will sell for $1.2m, improvements of $200k) so seller financing sounds good to me, as I retired early and I would like to spread out my cap gains ($0 US income at this time) ​ I'd be willing to sell for something like 15-20% down and 5% (fixed, or I guess I'd even be ok with an ARM at current) interest rates for 30 years. My ideal is to have a holding mortgage contract, with both property taxes and insurance added to the payment. The buyer would benefit (immensely) from my $750 per month property taxes, not $1500 with the new home valuation. I could even see doing 10% down with PMI. ​ Given that I have rented for 6 years, I'm obviously comfortable with the risk of someone damaging my house or being a deadbeat, as I usually collect one month of security deposit, not $200k (down payment). ​ So...

Hey Guys, I’ve just recently passed all my exams to get onboarded with my brokerage and I can’t wait to start hustling. But with that being said, I feel really stupid when it comes to real estate. I want to represent any clients I’ll have to the best of my ability and be as knowledgeable as possible. If any agents have felt this way, how has your brokerage helped you? Im curious what a good mentor looks like and what personalities I should avoid. I’ve already networked (love using that word) with some great people but I’ve also heard some not so great stories from potential clients. As a Boy Scout I want to I want to do the best job possible and be Trustworthy with anyone I meet. submitted by /u/Cucumuber [link] [comments] source https://www.reddit.com/r/RealEstate/comments/16p9pjm/anxiety_of_a_new_a_agent/

https://fortune.com/2023/09/20/housing-market-stressed-lennar-offers-4-percent-mortgage-rate-buydowns-in-colorado/ submitted by /u/Koldcutter [link] [comments] source https://www.reddit.com/r/RealEstate/comments/16p8355/thoughts_on_lennar_mtg_offering_425_fixed_in_some/

Hi all, I’m nervous as I have done a viewing at a property with my buyer. Post the viewing, the seller visited the property and found tiles laying all over the floor. They have accused me of the tiles being all over the floor, myself and my buyer did not notice the tiles falling off and it was in perfect condition during the viewing. What should I do? Should I get a solicitor? Thanks all for yourself, not sure if this is the right place to post this. But I need help. Thanks. submitted by /u/kelvinlac [link] [comments] source https://www.reddit.com/r/RealEstate/comments/16p4kuh/being_accused_by_a_seller_of_breaking_their/

I found out about the existence of assumable loans recently, but there are seemingly no houses in my desired areas that have that possibility. Are there any other ways to get lower interest rates on mortgages these days? The current 7.6% is just too much. submitted by /u/liiliidustp [link] [comments] source https://www.reddit.com/r/RealEstate/comments/16p35rt/are_there_any_ways_to_get_lower_interest_rates_on/

I'm in the Wisconsin area. I don't care about a fancy home, but I do care about location. And I don't know anything about building homes. Is there a way to contract someone to build a small enough home that it comes out to ~$100k or less, but have it be in an actually good area? I'm thinking (maybe this is unrealistic now): 2 bedroom, 1 bath. 500 to 800 sqft? $150k is about the most I can pay. IF IT IS EVEN POSSIBLE, I like the concept because it would be: cheap, in a location I like, and it would be brand-new. submitted by /u/Both_Bandicoot_1765 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/16p2lga/is_it_possible_to_have_a_home_built_thats_small/

I think Millennials will be the last generation to eek by on the notion of buying a house. We’re the last generation that were able to still buy homes. By the time Gen Z becomes the largest home buying demographic, the idea of home buying may be too far fetched - prices too high, rates too high, higher demand, low supply. But I think I have a good solution to this problem. It’s work from home. If the US can successfully shift to it over the next decade, many Gen Z’s will become happy homeowners. The reason home buying is hard is because of low supply in high demand areas. One of the key reasons that those areas have high demand is because they have a high concentration of jobs, and the closer the house, the easier the commute. The further you build out, the less demand, because the commutes start becoming unrealistic. Other nations combat this by building high density and commuter rail, but that’s doesn’t really fit into the American ethos. And I’m saying we don’t need to, to try to...

15 years mortgage with like 13 years left at 2.5% I’m just curious to see what you guys think submitted by /u/Feeling_Produce7991 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/16o9xsp/we_have_50k_in_cash_and_owe_130k_on_our_home/

When considering the purchase of a resale or a newly developed single-family home, and given the choice of multiple realtors, will there be a significant difference in the closing costs or any other aspect of the home buying process based on the realtor chosen? For new developments, do some realtors have a distinct advantage in negotiating a substantially lower price with the developer compared to others? Furthermore, do veteran realtors command a premium over those who might be newer or less experienced in the real estate industry? submitted by /u/Ernst_Granfenberg [link] [comments] source https://www.reddit.com/r/RealEstate/comments/16o7hd1/can_realtors_cost_more_than_another/

I'm looking at buying a house that sits on about 24 acres, 20 of which are federally protected wetlands. I know that I can't build on this land, but what can I do with it? Can I hunt on it? Let my dogs run around on it? Can my kids ride their dirt bikes? Also, What's a reasonable price per acre for federally protected land? submitted by /u/Subrosa34 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/16niucp/need_info_on_buying_federally_protected_wetlands/

So I moved to New Mexico 2 years ago. 20 miles south of Albuquerque. I did not want to die in Abq over some road rage. I wanted to buy here 3 years ago when houses were way cheaper. Now, people are crazy trying to sell homedepot renovations and cheap as windows for 2x what they paid??? My question is, I just got my offer accepted for 14 acres of land in the same area. I want to parcel it out and build a small kind and respectful community and neighborhood. Does anyone know any builders in Los Lunas area that would be willing to help me? submitted by /u/HotelSlight7566 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/16nhfl5/new_mexico/

I'm a Realtor in Phoenix, AZ. I'm representing seller clients, a husband (75) and wife (70) that live in a two story condo. The husband has incurable cancer, and the wife has Parkinson's disease--she is about to get eye surgery. She fell down the stairs the other day because she couldn't walk properly. They both only speak [foreign language] and don't understand any English whatsoever. Several months ago, they were summoned by their HOA for a discussion. There was a leak in their balcony and that leak created damages to the condo unit below. The total bill to repair the leak was for around $12K-$15K. The husband's cancer recurred and he had to go to the emergency hospital when the meeting with the HOA was to occur. Obviously, he missed the meeting. Six months passed, and now the lawyer that represents the HOA sued the elderly husband and wife for not paying the bills. Because I speak the language the couples speak, I went to the HOA to explain that the husban...

Hello, I am interested on getting a head start on my home journey. My ultimate goal is to buy an acre and build a custom 4000sq ft house. I have found a road with wooded lots that are going for 60k-90k and acre. I plan to start as soon as I graduate and write letters to owners with offers. Right now i have 30k in saving and limited credit. I had a credit card under my dads name for a year and have had my own credit card for a couple of months now. Is this a good plan? Do you have any advice or tips? :) submitted by /u/jognbvfdd456667 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/16ndtph/advice_for_an_18_year_old/

When selling your home without a realtor it is best to use a local title company or if in NY an attorney to help you with the paperwork. However if you are selling your home, and would like to see the state required forms, email me at Greg@OwnersRE.com . Include the State and type of property. I will send you the forms, no cost. submitted by /u/OWNERSREBOSS [link] [comments] source https://www.reddit.com/r/RealEstate/comments/16mqt29/paperwork_for_selling_your_home/

In need to sell my house I'm 34m and I need help. I have a loan from a friend $155k and I got no job now and due for the payment is around the corner. I'm looking forward in selling my house for $350k with negotiable. But I haven't seen or got someone to help me get a buyer. I have tried Facebook market place but it sucks. I also want to relocate after selling my home currently single. Probably will start something good with the rest of the money. I will appreciate any help. I live in Houston Texas. I need help. submitted by /u/nazgulo [link] [comments] source https://www.reddit.com/r/RealEstate/comments/16mqhxk/i_want_to_sell_my_house/

submitted by /u/hari203 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/16mpkgp/is_it_good_to_buy_flat_90lakhs_with_loan_of/

He inspected the wrong HVAC condenser (and it turns out there are issues that he would’ve been able to see had he inspected the correct one) and was wrong on the age of the indoor heating and cooling system, which is 11 years older than he reported. Filed a claim with the inspection company’s insurance and they say they are not liable for anything — that I signed this away in my contract. The cost to replace the entire system is over $15k. Am I shit out of luck with trying to get some money from the inspector? Washington, DC. submitted by /u/tatert0tfreak1126 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/16mmhws/home_inspector_seriously_messed_up/

I um... it's just awkward. submitted by /u/Both_Bandicoot_1765 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/16mkw6s/i_called_the_number_on_a_realtorcom_listing_and/

I plan on selling my place to a close family member. Let’s say I still owe $150k on a $250k place. She wants to transfer me $150k to pay off the house. I will then own the house outright and be able to more easily transfer the house to her (with lawyers) and mainly help her avoid high closing costs. She will also pay me the $100k difference. Is this feasible? Are there tax ramifications I need to be aware of or anything else I need to be aware of? submitted by /u/jermzkill [link] [comments] source https://www.reddit.com/r/RealEstate/comments/16mk7xy/selling_house_to_family_question/

Hey everyone. I live in a big city in USA. I'm preparing to sell my condo loft. Units in my building have done pretty well recently, selling for at-or-above comparable condo pricing. However another unit very near me in the building, with a near-identical layout, has made a listing that is terribly decorated, terribly marketed, and most of all, terribly priced (low). Not only is it listed about 20% below market - but it's not even selling at that price because it's been brought to market so incompetently. My strategy is to try to wait this unit out. I'll give it another month, and hopefully be able to list mine when the other is off the market. But it may well be listed in perpetuity. In the meantime I've done a good deal of work on my own unit, to be sure the differentiation is clear, in the event the units compete. Any advice for how to handle this? Is there anything I can do, or will I just be hostage to this garbage listing? Please help!! submitted by ...

Don't I get all the money at once either way? submitted by /u/BadAtDrinking [link] [comments] source https://www.reddit.com/r/RealEstate/comments/16lv4d2/california_as_a_seller_why_would_i_care_if_a/

submitted by /u/JONES112B [link] [comments] source https://www.reddit.com/r/RealEstate/comments/16lv0th/should_i_pay_my_rental_property_off_in_45_yrs_or/

Hitna prodaja stanova u Podgorici. Estitor nudi hitne ponude stanova po povoljnim cenama. Pogledajte našu ponudu i pronađite svoj idealni stan danas. submitted by /u/estitor [link] [comments] source https://www.reddit.com/r/RealEstate/comments/16lsjmh/hitna_prodaja_stanova_podgorica_estitor/

The buyer of (our buyer) house is already at the inspection stage so after that is done, they can begin the process of buying our buyer’s house. Has anyone experienced this? How successful are these? Our closing date is November 5th. submitted by /u/panpandesu [link] [comments] source https://www.reddit.com/r/RealEstate/comments/16lr9sq/got_an_offer_last_week_but_2_contingencies_are/

Hello, I am a black F21, I live with my grandma and I’m ready to move out. Currently I have expenses adding up to $823.99. I work at a job that averaged $1,200 paycheck, paid bi-weekly. I currently have around $3,700 in my savings account but trying to save up to $10,000 by next year. I need advice on being able to secretly buy a mobile home and can pop out without drama. I live in a toxic home if that helps. Also I am in the south if that matters of the mobile home situation. submitted by /u/BadBlackReaper [link] [comments] source https://www.reddit.com/r/RealEstate/comments/16lqk97/wanting_to_buy_a_mobile_home_in_secret_but_dont/

https://layery.network submitted by /u/zeraden [link] [comments] source https://www.reddit.com/r/RealEstate/comments/16lqfxi/pioneering_progress_3000_honored_by_layerzero/

We were approved for a $950k mortgage, and last month, we purchased a $678k condo with a 20% down payment. We took various factors into account, including my wife's maternity leave, our children's needs, and future financial responsibilities. Our aim was to avoid becoming "house poor" and ensure we have the financial freedom to travel, spend, and buy the things we desire. We've also excluded any ancestral money from our budgeting as its going to take few years before we actually have it. Now, about our condo: Our 2008 condo meets our needs well. It's conveniently located near transit, in a picturesque waterfront area, and the building, while not brand new, is in decent condition. The neighborhood is vibrant with numerous cafes, dining options, and parks, although it can get a bit noisy due to its proximity to transit and downtown. Some quirks include limited visitor parking and a gym reservation system. The view from our condo is okay and not very attractiv...

We are looking for a brand new homes in Lexington MA. The inventory on the market starts from 2.5M for brand new homes. Cons are Homes are huge 6-7 beds but the plot side is smaller. (6000 sq ft home on average 0.25-0.35 acre land) We are real estate investors so I understand the math only works if the builder builds giant homes to make any profit after expensive acquisition and higher interest rates. These homes closer to 2.5M are not on the ideal location. Usually on a very busy street. Our timeline is flexible even if it takes longer than 1 year or even more. We have never done a project to build a home ground up so while I really want to give it a try, what are some of the things you have learnt from your experience? Run down home with 0.5-0.75 acre land is 1.2-1.3M Builder gave estimate of 1.2M (+ 20% buffer) for a home he built that we really liked. By doing this we pretty much spend the same (atleast that’s what I am thinking) but get a bigger plot and hopefully on a quieter ...

First time posting so hello everyone. After months of searching old, new, this city that city, etc you know the deal, I’ve found a new build that I love. I’m trying to figure out the best way to utilize (or not use) concessions through their preferred lender (Option Two.) Some info I’m using: Price actual — 448,990 Concessions up to — 20,000 I’ve been told this can be used to assist with closing costs, prepay HOA (300/month) for 1 year, or rate buy down, so I’m assuming I maximize this benefit. 30 year fixed approx 6.6% APR with current approved lender OR estimated 7% with Option Two. VA home loan so no requirement to put money down, but I would probably take that 20k I save and put it towards a down payment. My friend who is a current homeowner says take the lower rate 100%. I’m a math guy so I’ve been running tons of scenarios, but does it not make sense to use the 20k to say cover closing costs (let’s say it’s 13k), prepay 12 months (3600), and take what’s left to buy down how...

When I got the mortgage the bank asked if it will be my primary residence, it is so far but I’m thinking of renting the house and I’ll move to a one bedroom closer to work (I live alone in the house). Is that gonna be an issue with the bank? submitted by /u/idontgetitLB [link] [comments] source https://www.reddit.com/r/RealEstate/comments/16kv0zt/i_bought_a_house_two_years_ago_i_got_a_mortgage/

The lead based paint disclosure that’s legally mandated encourages buyers to do a lead inspection before purchasing. And it’s legally required to disclose knowledge of lead paint. Yet every time I try to focus on lead safety, I feel bullied and discouraged. Example 1-I wanted to do a lead inspection when buying a house. My realtor totally tried to talk me out of it, suggested no one really does them, said that kids don’t really eat paint chips, etc. I felt totally unsupported. Example 2-When selling my house, I decided to disclose that our home lead kits revealed lead paint. But my realtor (a different one) encouraged me to mark “unknown” instead of “yes” because it might scare people away. I still marked yes, sold my house, and felt good about being honest and promoting the buyer’s safety. Example 3-I’m looking to buy a house, once again want to do a lead inspection, and the sellers are very hesitant to even negotiate with us (even though we’re making a very fair offer and they’re...