I posted yesterday about a rental property I saw and I am grateful for the responses. I have another question about the application/lease agreement. My husband said our application was approved but I’m not sure if that’s really true because the realtor speaks English as a second language. I don’t think it was actually approved because he gave us a response the same day we applied. Anyway I was looking at the agreeement/application and it says the following: “[Realty Company] operates as a real estate brokerage company representing both lessor and lessee.[Second Realty Company] performs the role of showing you apartments. A service fee is charged to you, if you complete an application and are accepted for tenancy. A lease need not be executed, nor must occupancy be taken. If your application is denied or the landlord cannot provide the apartment after acceptance, your fee will be refunded.” [Second Realty Company] receives a fee equal to one month’s rent (unless otherwise stated in wr...

Say a house going for $150K might jump to $190K because rates are low again. Or will it not affect anything. submitted by /u/Brandonva804 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/18v5np1/if_rates_drop_to_4_again_can_we_expect_housing/

Hi! I'm looking for some advice from people who have bought homes in Pennsylvania, and more specifically in Southwestern PA. My partner and I are looking at buying our first home (and we're really excited about it). The house we are looking at is only five minutes from the place we are currently renting since we love the area and is listed for $49.9k, which is a reasonable price for the area. The various loans that I'm looking into to getting a pre-approval letter from all allow us to put down 5% as a down payment, which works for us so that we can put the rest of the money we saved toward the closing costs. Here's where my question comes into play. I went onto Rocket Mortgage and found they had a closing cost calculator. I had read the average closing costs were somewhere between 2% and 6%. I was curious about what ours would be. I entered the house price, entered the down payment amount, entered the zip code for the house, and entered the rage of my credit score ...

We’re looking to get approved for a mortgage and my partner has a score of high 780-800 and I have a score in the 680-700 range with a few missed credit card payments on the report recently. I settled the account fully. We have a very decent income and DTI is about 30%. Will my recent late payments hurt our approval odds? submitted by /u/ProfessionalNo4064 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/18udl1c/mortgage_approval_odds/

I have inherited property in GA from my grandparents which consists of several acres of land and a small 3 bedroom home. This property is in a very rural area but recently there has been much construction and new homes being built nearby. I'm concerned that this could lead to a future dispute with a new neighbor over property lines. What do I need you do to establish legal property boundaries and prevent unauthorized construction on my property? submitted by /u/CalmBreadfruit5045 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/18ubgvg/property_boundaries/

I'm a 26 yr old vet, I got into some trouble two years back and I do have a honorable discharge....but I also have a Assault and Battery Misdemeanor also 🫣 does that effect licensing ? submitted by /u/ManufacturerSafe9404 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/18tla92/can_you_get_a_real_estate_license_with_a_ab_on/

Hi, first-time poster with question. A very good friend of the family bought a house in 2011. He does not own it free and clear yet, but he's close. He has done almost no work at all on it, but it has appreciated tremendously because of the city we live in (expensive West Coast bubble city). The crux of the issue is that he is convinced that it is worth much more than (I think) it is, because it's zoned modestly for multifamily, and he thinks a developer is going to come along and pay him hundreds of thousands above market value for the land alone. He's the kind of guy to not let go of an idea, even if the people around him have their doubts. He's reaching retirement age with no real savings or assets except for this house, and he's not even renting it out, because he's scared of ending up with a nightmare of a tenant after a bad experience during the pandemic. It has also never been in good condition to rent at full or even close to market value, so he's...

current looking for a new place because our current residence isn’t renewing our lease, at the moment it’s me and my mother together we make 12,000 a month but she has 529 credit score and i have a 650 credit score with a budget of 2250 month, we have no evictions or litigations would like some advice on how to get approved or our approval odds on a new place to get some peace of mind submitted by /u/romaine105 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/18tjke2/florida_rental_market_is_brutal/

I know what a 1031 exchange is more or less, but I’m not sure I understand how this will affect the buyer and the buyer’s offer. The seller’s remark says “buyer to cooperate with seller’s 1031 exchange at no cost to buyers.” submitted by /u/zhawnsi [link] [comments] source https://www.reddit.com/r/RealEstate/comments/18ti4r0/what_does_it_mean_if_a_property_says_the_buyer/

We've been working on buying a house for the last few months. No delays on our end, very prompt and professional. We were on track to close on time but the seller didn't realize he had to do probate paperwork here as well as their resident state, causing delays. The seller has got more difficult after getting the appraisal back showing the place is worth $20k more than listed, doing things like refusing to negotiate repairs required for the appraisal and delaying septic/well tests again. We came to an agreement for early occupancy, then the seller up'd the deposit. Honestly feeling like the seller is jerking us around trying to get us to back out. Was hoping to move into the house, get everything set and whatnot, but don't see them rushing to get this probate done anytime soon -especially if we're paying rent and utilities that doesn't go towards house price. Am I being paranoid? submitted by /u/slippperofpunishment [link] [comments] source https://...

submitted by /u/provisionings [link] [comments] source https://www.reddit.com/r/RealEstate/comments/18sq7wy/im_going_to_sell_my_home_this_summer_is_anything/

I’m a young 18 year old that’s soon to be out of high school and I was thinking of getting into real estate, I want to know everything about it from the good all the way to the bad. submitted by /u/Salt_Ad5071 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/18sohny/young_18_year_old_trying_to_get_into_real_estate/

Really interested in going under contract on a property but there are power lines are slightly hanging over the pool. Not sure if the pool was built out of code or vice versa. If I am purchasing the home with the pool as is would I be penalized if I asked the electric company to move the lines? Or will my electric company be able to bury the line? I’m in Texas if anyone knows any regulations or has some prior experience with this! submitted by /u/beavers2862 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/18rzyhm/power_lines_over_a_pool/

Hi, I recently realized that it's seemingly impossible to view an open home that is just listed or not even listed on the agency website. I live in Australia (still new here) and feel quite suspicious. Do people pay money to get opportunities to offer on properties that are not yet on the list? If so, what's the reason agencies put properties on the list that are already sold out? Very frustrated. submitted by /u/HeadDream359 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/18ryofv/why_i_cant_purchase_a_property_that_is_not_even/

I have $100k in the bank and I’m thinking about buying an investment property. I currently live rent free at my parent’s house and don’t need to move out. I would put 20% down on a 2bed/1bath townhouse for $325k. It wouldn’t cash flow but it’s in a good location and would appreciate well. I’m not sure if this would be a good investment or should I put my money elsewhere? What would you do if you were in my situation? submitted by /u/AdministrativeAnt681 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/18rwawf/good_investment/

I use ParcelQuest to get copies of property deeds but, ParcelQuest has some technical errors and I can't get access to property transactions, (deeds). Does anyone know of any alternative to ParcelQuest in California? submitted by /u/5be4three [link] [comments] source https://www.reddit.com/r/RealEstate/comments/18ruqbt/parcelquest_alternatives/

I’ve been looking at houses in MN, AZ and TX. I’ve noticed that houses in TX, specifically the suburbs of Austin and San Antonio have significant price drops, including new construcions. Does anyone have opinions on why this is happening? I’m not noticing the same trends in MN or AZ but will they follow suit? Or are people moving out of TX? submitted by /u/Mindless-Mixture-1 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/18r9x5f/texas_housing_market/

Hello, My partner and I have 2 adjoining pieces of property. One is approx 40 acres with our home and completely paid off. Second is approx 35 acres with a note of 150k and 20 years left. Worth around $600k. $1100 a month. 3% rate. One problem is we've acquired some other debt. Medical bills, tractor, vehicles, small business loan, etc. Some of which extend out 8-9 years. Collectively, we make around 12k a month and we're just getting by. No extra money for savings, vacation. We also have a barn that's about to fall down and some issues with the house that need to be repaired. Also, I'm 43 and my partner is 69. I feel like he should be living stress free and be able to do the travel he wants to. Also, if something were to happen to him ( or me for that matter), the other wouldn't be able to make the payments. So...my suggestion is; taking out a new mortgage on the property that already has a note. Around 350k total. That would be 200k cash back . $2100 month...

I apologize if this isn’t the appropriate subreddit for this post please delete if it is. I was wondering if when banks sold mortgages or any other promissory note if they sold the note for less than amount of the note or how exactly that works? submitted by /u/Electrifrieddd [link] [comments] source https://www.reddit.com/r/RealEstate/comments/18r40l2/banks_selling_mortgages_notes/

I rent land in a mobile home park. Someone cut the sewer line under my home, and the home is listed for sale (and was when this happened). I am not sure who, but it happened when I was not home and after a park paid plumber fixed the park main sewer line after I filed a state complaint for raw sewage leaking in a cesspool from the main line (owned by park). A state inspector ordered the park to fix their leaking line. I got sick from asthma attack (sewer gas burned my nose) and was at the urgent care (later ER) when the park sent their plumber under my home. He buried the park leaking sewer line, which had been above ground, and someone cut the sewer pipe to my home. Possibly to drain the sewage, since the park lacked an access point to drain, someone cut my pipe. As I got home, the park maintenance guy and receptionist were taking photos under my home. I showered twice in 3 inches of sewage, when the main sewer line put 2 inches of raw sewage into the bathroom before I realized what ...

Haven’t they recovered post the cyber attack? Any idea when they are expected to be back? submitted by /u/Kaali786 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/18qj4su/first_american_site_down/

Question: I found a property that I would like to make an offer on. Can I write up an offer myself? This is in Texas (outside Fort Worth). submitted by /u/EddieCutlass [link] [comments] source https://www.reddit.com/r/RealEstate/comments/18qebg8/making_an_offer/

Theoretically, would it be possible for me to start my own town? Let’s say I wanted to incorporate 10 square miles in Wyoming of land into a village under my own administration— how much would it cost to buy the land and establish it? What other difficulties would I face? submitted by /u/leytonm89 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/18ps0c0/i_want_to_start_my_own_city/

If I am an agent that works with commercial and/or investment properties, do i have to drive customers to the properties and use up my vehicle as a residential real estate agent? submitted by /u/1redassag [link] [comments] source https://www.reddit.com/r/RealEstate/comments/18pqd4y/another_follow_up_post_to_the_previous_ond/

I am currently a college student about to be graduating in the later half of Spring and I wanted to see what people’s opinions are on how selling commercial vs investment properties are like? (I am talking about things like huge office buildings, huge land, shopping centers, large apartments for Commercial). (For Investment, i am talking about deals like fixer upper SFRs up to 4 units). Do let’s say Private Equity firms have up front cash to buy all these buildings if i were to represent buyers in finding them expensive commercial properties? Or are those deals more common if you are helping investors to buy small 100-200k fixer uppers! Note: I want to match investors who already have cash with properties to buy if I were to be an agent. What’s y’alls thoughts about potential career paths for me? submitted by /u/1redassag [link] [comments] source https://www.reddit.com/r/RealEstate/comments/18pqbxp/choosing_to_be_an_acquisition_vs_commercial_agent/

Howdy partners, TL;DR at the end. In February 2022 my wife and I purchased a home in Maryland--from a house flipper/LLC-- that has a septic tank and water from an old-fashioned hand dug well that sits in the very middle of the back patio. We had a home inspection done, which revealed nothing special about the water supply. The well water irritates my wife's skin and causes it to get red/inflamed and irritated after a few days of showering. (Note: she has been living overseas for work since before we bought this house and has only come here for short visits. But she will be moving here with me permanently next year.) We talked to a few plumbers and had some water quality tests done which showed we either need serious filtration or we need to abandon the shallow hand dug well and drill a deep well. Seeing as the well is in the middle of our back patio, it's something of a safety concern. We got 3 different quotes for abandonment of the old well and to get a new well drilled an...

Call me crazy.. What’s your take on a LENDER that is also a REAL ESTATE AGENT.. I’m not liking it at all.. they make a TON on the lending side, and now in CA the lender can also be the realtor and collect a commission on both sides of the deal..(they are double dipping) and you say real estate agents make TOO much money. Not to mention they probably collect from title and escrow. submitted by /u/IE_REALEST8 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/18p0or5/lenders_as_real_estate_agents/

https://youtu.be/tnwySVBb2D8 submitted by /u/rronidkt [link] [comments] source https://www.reddit.com/r/RealEstate/comments/18p0l8p/h/

Hello we are a social media marketing agency .We are hear to worth with real estate agent or owner as marketing manager. If you are serious with your busines and get more leads ,fell free to contact "Ads Glider" team. submitted by /u/adsglider [link] [comments] source https://www.reddit.com/r/RealEstate/comments/18od6ok/real_estate_agent_help/

What’s the deal in America with bathtubs disappearing in renovations and flips? I’ve been looking at properties, and I notice that the bathtub is going extinct, which is a travesty because it has a huge utility: for baths, elderly people, pets, kids, etc etc. This one place I saw, the lady tried convincing me that bathtubs aren’t “in fashion” anymore, and that showers are part of modern design. Both her and ANOTHER seller claimed that showers cost the same if “not more” than tubs to install, so it isn’t about the flippers cutting costs. Oh, and that showers also “take longer” to install. And then, they tried telling me how I can tear out the brand new shower to rearrange the bathroom and ADD BACK IN a tub! For some reason, I really don’t believe that this trend of removing an important household utility is not about cutting costs. submitted by /u/TTOTA3 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/18oa2na/bathtubs_are_outdated_showers_are_the_n...

About to list our house. We have been here 15 years. It is a 100 year old house in a nice-ish city neighborhood. Comps are 300 - 400. Target market is probably young families. Should I? 1. Add a garbage disposal - newly renovated kitchen wired for one but never installed. 2. Put in brand new electric stove or induction stove? As in, which type? We like induction but I know it isn't that popular. Current stove is coming with us. 3. Paint trim? 4. Replace carpet? Existing is at least fifteen years old 5. Add backsplash in bathroom? Wall is pretty beat up around sink 6. Replace vanity? Existing vanity is chipped to hell and looks bad. 7. I have an extensive rain barrel system -- take it out? 7. What else? Since we've owned, we've built a shed, updated electrical, put down a nice floor in basement, added insulation, fixed drainage problems, redone the kitchen, replaced a water heater, replaced some windows, added some landscaping. Any need to highlight any of this or does th...

My MIL has a large real estate portfolio and is moving her properties to the state we live in. She wants to 1031 exchange a house into a newly built home in our area and “give” it to us. However, the houses reside in an irrevocable living trust and can’t be given to us traditionally. (according to her) My thing is, we don’t want to move into this place and she gets mad one day and tries to kick us out. What can we do to prevent such a scenario? We currently own our own house and have never taken any hand out from her. We don’t need the house but it is a major upgrade and my wife’s “dream” home. Thanks everyone submitted by /u/it_busyness [link] [comments] source https://www.reddit.com/r/RealEstate/comments/18o23s5/mil_wanting_to_buy_us_a_house/

submitted by /u/moonlightfazed [link] [comments] source https://www.reddit.com/r/RealEstate/comments/18o2xxx/i_am_thinking_to_pull_a_heloc_to_use_as_a/

I know this is a stupid question ... but I was wondering what are the options I can do here? https://imgur.com/a/xqXFEog Can I put blinds over the doors and the window above the door? Would the doors need to be replaced ... or could the glass be clouded? The agent looked at me like I was insane for this being a concern. submitted by /u/MyAccount2024 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/18o2tbf/wa_want_to_make_a_bid_on_a_house_that_isnt/

(this is my first reddit post so excuse me for formatting errors etc, also sorry if this is the wrong place to post this) Story: I 25f have been renting my absolute dream appartment for a year now, I live in Egypt and my dad and his wife + her kids live together in the Netherlands. three months ago the owner of my appartment decided he wants to sell the place and I spoke with my dad about my concern— dad then offered to help me with applying for a mortgage under my name so I could make an offer to buy it. Soon we found out I cant apply for a dutch mortgage under my name because I need to own one property in the Netherlands before I can get a mortgage for a property abroad. My dad offered to apply for it and through verbal agreement I would pay off the mortgage with his help (faster= less bank costs), and it would be mine/registered on my name after i paid off the mortgage completely, including the part he paid. I was so grateful and couldnt believe he offered to do this. My dad ap...

Plots in Lucknow: Discover the Perfect Investment Opportunity Introduction: Are you considering investing in real estate? Looking for a lucrative investment opportunity? Look no further than the booming real estate market in Mohanlalganj, Lucknow. With its strategic location, excellent connectivity, and promising development projects, Mohanlalganj Lucknow is quickly becoming the hotspot for property buyers and investors. In this article, we will explore the potential of plots in Lucknow, specifically in the Mohanlalganj area, and why investing here can be a smart move for both first-time buyers and seasoned investors. Why Choose Mohanlalganj, Lucknow? 1. Prime Location and Connectivity: Mohanlalganj, situated in the outskirts of Lucknow, offers the perfect blend of serenity and accessibility. With its proximity to major roads and highways, such as the Outer ring road, Bani-Banthra Highway, Lucknow-Sultanpur Highway and Raebareli Road, Mohanlalganj provides easy connectivity to the ci...

Just looking for another perspective on my real estate portfolio. I'm fairly risk averse and think I'm in a pretty good situation but I've used up a good portion of cash reserves to buy my last property. Here are the details on each property: 1. Primary home. $570k value. $285k mortgage @1600 a month. Also has outstanding HELOC just used to buy rental at $145k (10% interest rate). Rental. $320k value. $160k mortgage @ 900 a month. $1500 rental income. Rental by the room. $580k value. $410k mortgage and payments of $2100 a month (+$1k in utilities). $5300 rental income. Identical room rental with a partner. $580k value. Mortgage of $2500 a month. $725/mo payments to partner. $1k utilities. $5300 rental income. Rental with partner. $275k value. No mortgage but would owe partner $205k upon all. Pay partner $870 a month. Rents for $1500 a month. Rental. $390k value. Owe $205k (6.25% interest). Payments of $1650 a month. $2050 in income. New purchase (with he...

Hi guys, I'm currently in the middle of buying a house thru a wholesaler, the seller couldnt find a new home so they keep extending the closing date. And to the point 2 weeks ago they told title they dont wanna close anymore, but today the wholesaler convinced them to extend closing date to Jan 2024. The wholesaler sent over and amendment, both me and the seller signed it to extend closing date, and wholesaler havent signed her part. Will it still be effective and valid to extend? I don't want to be tricked by wholesaler didnt sign on purpose, then show up on the "old" closing date on previous contract, then claim to keep the EMD. Now wholesaler went silent, couldnt call or text and not replying to any emails, texts. Thanks in advance guys, definitely best case is i got the house, worst is i lost it but definitely wants my EMD protected. Even tho assignment contract EMD is non-refundable between me and wholesaler but i believe if seller dont wanna sell anymore i c...

I’m trying to settle on a location to buy my first condo — anyone have any opinions on if Boston or Denver is the better investment? Both have similar property tax rates (for Suffolk County in Boston) so it comes down to which city people think will see more growth. I imagine Denver may have the possibility to grow more, but Boston is probably the safer city, as there’s a lot more education, industry and history. Furthermore, while Denver may be cheaper than Boston, the rent prices are probably like half what they are in Boston, so once I move out of my first time home purchase and start renting it out, I’ll be renting it out for significantly less in Denver than I would Boston. However, because my mortgage would be like 500 a month cheaper in Denver, I’d be able to save/invest more over the course of the next several years while I live in my first home. Is it better to spend less now and invest more? Or spend more on a place in Boston, but reap higher rent from renting it out in 5-10...

I live next to a university that has an old apartment complex with like 2000 units. They are all kinda pieces of shit that have not been updated or only like 5 percent of rent for years. I was thinking whoever owns this thing must be filthy rich. I kinda laugh thinking whoever owns this. Has owned it outright since 1958 and makes $1200 a month rent on 2000 units. So, I’m guessing bought the land and units for like 250,000 in 1958. It’s worth 18 million now and generates free cash flow of 2 million a year. It just boggles my mind to think how much money that place makes submitted by /u/Chasingfreedom1224 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/18l7dqr/what_is_the_most_cash_cow_real_estate_asset_you/

I know it's long, but I am desperate and can't find a similar situation anywhere, TIA seriously. Long story short I own a house with my ex boyfriend, his father gifted us $26k for down-payment, and had us sign a Promissory Note with an attorney. The note explains, under my written request, my ex is to pay me half the equity on the constructive equity of the home (taxable value - purchase price, divided by 2), the example ofc shows positve equity. Secondly, I agree to assist in removing my name from all titles and waiving all ownership rights. The house has negative equity of about 40k, but the note doesn't say I would pay half of that back at all. Do I have to? What power do I have in being able to relieve myself of the mortgage? He's been paying all the bills for 9 months, and randomly asks me for 7-900 dollars for bills, when I explain to him I can't shell out that cash on a whim. He berates me for leaving him and eventually takes the fact I don't have mone...

My husband and I have been house hunting for over a year year and finally found a great home. Unfortunately my husband was sent away for work for the holidays, the closing and all the goof stuff. While he was away I found out he was having a little too much fun let’s just say, and I will not tolerate that kind of behavior. What can I do?! We are set to close on Friday but I want to file for a divorce! I have already pushed the closing date! submitted by /u/Awkward_Cook_3373 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/18l4ew1/closing_on_a_house_next_week_want_to_divorce_my/

We are first time buyers and currently for the location we wanted our options are Alpine homes and dessert west homes. So far for alpine homes we saw some good reviews the number is few though but for dessert west homes it was only half of the reviewers were satisfied. Both houses were great except for some minor aesthetic details. We are about to put offer on either houses but I'm curious what everyone else's experience in terms of communicating some of the errors we've seen in the houses? How de we ensure that we wont get ripped off in the deal? Any input will be greatly appreciated. submitted by /u/melovesCookie [link] [comments] source https://www.reddit.com/r/RealEstate/comments/18kds2f/any_reviews_between_alpine_homes_and_dessert_west/

If the builder pays 15k and buys down interest rate to 5.5%, do I get the tax write off at the end of the year or no? It's my understanding that anything you pay towards points is a tax write-off so I was wondering if that carries over even though you're not directly paying for it in this scenario? submitted by /u/Qualitive [link] [comments] source https://www.reddit.com/r/RealEstate/comments/18kc9z6/new_home_build_point_buydown_tax_rules/

Hello! I do realize that I sound like a douchebag, but I want to back out of my contract. It hasn't been that much time passed since I went under contract so the seller might be able to contact another bidder. It's not saying anything about me being legally punished in the contract if I refuse to deposit earnest money. I do have inspections scheduled this Monday so I might be able to back out after that as well. submitted by /u/GalaxyFarAway2 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/18kbnh8/what_are_the_chances_of_the_buyer_suing_me_for/

We live in a desirable HCOL area (CA) and have a very affordable payment on our current home. However, we found an amazing place that better suits our family's needs and went for it. We've decided to buy, that's not in question. Here’s the dilemma - what to do with our current home. - Current home: worth $2m, $800k equity, all in payments $5k/mo (at 3.5%), estimated rent ~$7k/mo - New home: $2.5m with ~$15k/mo payment (which we clearly afford but still gives us heartburn) We’re buying without contingencies and have other ways to come up with down payment. Almost all of our NW is currently in stock, so it's probably a good idea to diversify even if we didn't buy this house. The two options I'm considering: - Sell and pay down the high interest mortgage (recast) in our new house by another ~$800k - Keep and rent it, cash flowing up to $2k/mo and enjoy potential future appreciation The idea of lowering our $15/mo mortgage would help me sleep better at night....

Hello I am looking to buy a home with my husband and things have been a little confusing since neither of us really know what we are doing. We are working with Veterans United to purchase a home however from my understanding they keep messing up the loan estimate which makes the closing costs high I my opinion ($33,000). We already have a home in mind and signed the offer for $365,000 with a $3,000 deposit so we don’t back out is my understanding. I am just trying to understand all our options since everything is a little confusing and this is a big purchase that we could potentially be paying for the next 30 years. Our real estate agent hasn’t really been any help with anything and we just had the home inspection in which for the most part damages are cosmetic. A couple of issues were found in the inspection but nothing major I think. I brought up a couple of concerns with our agent and said we want the sellers to fix some issues. I an unsure on how much I should push for the seller...

Have been looking at houses in the $400,000 range. We started looking and ne construction but we're appalled by the tax rates and HOA dues not to mention no matter what builder it went to, I feel like every floor plan is the same thing. We started finding a bunch of older houses with unique floor plans and layouts some upgraded some not but still nice. There in good areas with decent tax rates so we thought this was the way until we started getting insurance quotes. First off, if the roof is older than 15 years don't even think about it 3 out of 5 will flat out not even cover you. I have not got quoted insurance cheaper than 6000. So I have found in the same price point new versus old. It's almost a wash between new construction with high tax and low insurance and older homes with lower tax and higher insurance. submitted by /u/Nfire86 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/18jmf6u/insurance_on_older_homes_in_houston/

I know I need to write an eviction notice, blah blah but I have know idea what to say. His rent is month to month so I’m not worried about the legal ramifications, I just don’t know what to tell him. I have known this person for many years then last year just after moving into our still unfinished house. He asked to be our land mate living in his tiny home. We really needed the help financially. So far it has not really been much of a help because in many ways he is burden as much as he helps. On top of this, our relationship in general has become strained as our energy’s do not mesh well. Anyhoo. My sister is now in need of a space to live and will help alleviate the financial hardships while also being willing to help with other family matters. So it’s time to say goodbye. I have been looking at templates on the internet in regards to what to say and none seem to fit the criteria for asking him to leave nor the time we would like to allow him to find a new space. (We were going t...

https://youtu.be/83iIlDtKxLc?si=yhKGKfOri_wNrKid submitted by /u/SeparateConcert9041 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/18ix6uz/500_a_month/

Are sellers backing out of deals in contracts in light of interest rate decrease to attempt to get a higher sell price? If a seller does this, is there any recourse for the buyer that has acted in good faith and cleared to close? submitted by /u/encapsulated1 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/18iw0xs/are_sellers_backing_out_of_contracts_in_light_of/

Is it mandatory for a real estate to provide a fee free payment option? All of my payment options (4) have high fees. submitted by /u/BigPalpitation318 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/18iw0pd/qld_rental_laws/

I'm currently a 2nd year in university studying Finance. I hope to one day get an MBA. I've been interested in the financial field for a while, such as stocks and options trading. But within the past year however, I've found myself getting attracted to the real estate industry more and more. I'm starting to think about using my finance degree for real estate development. If anyone could help, I was wondering how I should go about this? What should I teach myself, study, etc.? Should I start looking at internships now or wait for some time? Thank you to anyone that responds! submitted by /u/overtheridge11 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/18iv85h/looking_to_work_in_real_estate_development_where/

https://www.housingwire.com/articles/no-wall-street-investors-havent-bought-44-of-homes-this-year/ submitted by /u/EruAnnatar [link] [comments] source https://www.reddit.com/r/RealEstate/comments/18houlp/it_seems_that_wall_st_takeover_of_single_family/

BS Real Estate Management student here. Do you have any interesting ideas for thesis topics? submitted by /u/Powerful_Bar_5729 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/18i3lul/real_estate_thesis_ideas/

Looking to buy a 3 bedroom home in Ivanhoe,CA or goshen, CA please lmk if you know of any available! or where I can look submitted by /u/inanotherwrld [link] [comments] source https://www.reddit.com/r/RealEstate/comments/18hcu3l/looking_to_buy_urgently/

Hello - We're considering buying a house on a street where we expect 6 new houses to be built over the next 2-3 years. Each of the house will be at least 200 ft from the house that we're considering. The construction will be one property at a time, and not all at once. Is it a bad idea to purchase given the noise and the dust from the new construction? How big a deal do you think it would be? I've never lived next to construction site to gage how bad it is going to be. For additional context, I am located in Pacific Northwest but the area does not have a lot of tall trees to insulate from the sound. Also, is there a way for me to check what the hours of construction would be? Not sure if each city has certain hours for construction activity (E.g. 8 AM to 5 PM, and only on weekdays). submitted by /u/Hack-Nerd-85 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/18hbev7/buying_a_house_in_a_street_with_construction/

Good morning, I recently went to talk to a lender whom did a hard pull on my credit. Then I received this email from credit karma stating that someone did a hard pull on my credit. But at the very bottom of the email it said this. “ 14 days from the date of your first hard inquiry to shop around and get quotes for other mortgage rates without affecting your credit. “ But then I googled it and this is what Google said: “ The good news is, multiple inquiries from different lenders are typically counted as only a single inquiry — as long as they’re made within the same 14 to 45 days.” But right after that, I shopped around for different lender and I asked him about this and he said 90 days. ..so my question is, which one is it? 14? 45? Or 90? submitted by /u/king-xslayer [link] [comments] source https://www.reddit.com/r/RealEstate/comments/18gl9lw/hard_inquiry_wo_affecting_your_credit_oh_usa/

Hey everyone, I was wondering what email client you mainly use and why. Trying to find out what the best way is to manage and organize emails. So in general I am curious which client you are using and what you like/dislike about it! submitted by /u/Live-Orange-8414 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/18ghjpf/email_client_for_realtors/

First time homebuyer here. Where’s the best place to get a mortgage these days? I have excellent credit score and no issues with putting 20% down. What are some of the variables you need to look at when considering a lender? Thanks! submitted by /u/AccurateReference7 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/18fsrsj/choosing_mortgage_lender/

I keep seeing these videos saying all you have to do is find someone who is desperate to get rid of their house, make a contract for the house lets say 60k, then find a investor and sell the contract for 70k. is it really this easy? or is there extra steps submitted by /u/not_jbo [link] [comments] source https://www.reddit.com/r/RealEstate/comments/18fogot/how_easy_is_wholesaling_to_get_into/

Dad died 10 days after prop 19 went into effect. Willed house to his children. 1 child lived there, but we did not submit a homeowners exemption form or a exclusion from reassessment. Did not do anything when reassessment notices came, my sibling accepted the new assessed value and paid $20k property tax bill. It use to be $4K. I found out, went ballistic, and had all the paperwork completed and submitted last week. Not sure what to do about bill due on Dec 10... the new rate won't kick in until it's approved, so do I need to pay $10K bill until they approve the exclusion of reassessment ? I feel like if I pay, the over payment amount will never going to be seen again. submitted by /u/dela540 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/18eybs4/prop_19_ca/

In escrow on a 1.25 M house, potentially a little under 7k mortgage. 150 a month solar, 300 a month cell phone (pay for whole family) 2k in student loan payments per month, 400 month car payment, no CC debt, household income 18k a month after taxes. Will have 40-60k cash liquid after 10% down payment Am I making a wise decision buying a home? submitted by /u/moojy [link] [comments] source https://www.reddit.com/r/RealEstate/comments/18eznxh/am_i_making_the_right_decision/

We just moved in and we've had literally dozens of solar people come to our door promising us "do not pay" electric bills. One time we've had 4 in a day. This last one was a real hoot, he showed up with like 6 people who he said he was training called himself "The Solar Whisperer". He said that it would add "equity to the house" and that we were looking at at least a 4-6% increase in "book value" if we signed with him today. We said we would think about it but this is crazy right 6 just from a solar electrical system and wth is book value? submitted by /u/Farafel62 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/18eznvp/wth_is_with_all_the_d2d_solar_salespeople/

I had a rental property and lived with my parents for a bit (not a fantastic idea as we don’t like eachother), had to sell it to buy a property I now live in, but now I don’t have the rental anymore. I’m an RN so I only make 80k a year. How would I go about getting qualified to have two properties on one income? The fact that I no longer have a rental has sent me into a spiraling depression so I’m trying to figure out how I can at least get back to where I was in life. I’m 30 and wanting to own a rental within 5 years max. submitted by /u/Bumblebee_0424 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/18eyw5a/how_to_be_a_landlord_again_as_a_single_person/

I bought a studio condo with a view of the Mercedes Benz stadium in midtown Atlanta around 1.5 years ago as a temporary home. Now I am looking to move to a suburb of Atlanta and buy or rent a single family home. Here is my dilemma. How do I even profit or break even? I paid $28,000 down payment on a $367,000 property and have paid around $45,000 in interest and principal. I don’t know who would pay for a studio in the 380-400k range. I can’t rent it out because I don’t have a leasing permit and my building management has been buying leasing permits from residents for double the price, around 20k each so if I were to buy a leasing permit it would have to be way above 20k and if I were able to obtain it I would have to list the condo for rent for around $2800 a month to break even, at that price though who would pay for a studio? Am seeking advice, other than to hold the property because that’s what it looks like I’ll be doing at this point. submitted by /u/AlanDank [link] [co...

Finding a house is not working and I’m wondering what else I can buy that could benefit me? submitted by /u/illjustbemyself [link] [comments] source https://www.reddit.com/r/RealEstate/comments/18ebaxc/can_i_just_buy_into_a_property_management_company/

Hi real estate, My husband died one year ago and his name is still on my mortgage. I called the mortgage company last spring to ask how to have his name removed but they never followed through with mailing me the documents. I live in the Midwest and don’t want to refinance right now. I plan to move in the next 1-2 years, will having his name on the mortgage be a problem? I have all of his documents such as death certificate, birth certificate, social security card, etc. Is presenting proof of death good enough when the time comes to sell my house? submitted by /u/Burningshithole [link] [comments] source https://www.reddit.com/r/RealEstate/comments/18eapr5/dead_husband_on_mortgage/

New to this kind of thing. We are planning to migrate to US. We have family in New York and New Jersey, I would prefer if we are in New York, but what would be the best course of action into migrating there, how much budget should I have for a starting house, what kind of house as well, I have heard of these Modular Houses, they look very appealing, please share your experiences if you have some with the type of houses that you have, we need something just enough to live comfortably because we are planning to buy/build something bigger in the future. Should I buy a starting house or build a small one. Of course we are planning to get jobs so something close to work or a short drive would be nice. Can someone suggest locations as well? Planning to buy because even if we do get a bigger house, I do plan on making money off of this one, like a rental or something. A DM would be nice cause I think it is not allowed to advertise here. Thank you so much for your insights. God bless. sub...

When it comes to your requirements for design and construction, we stand ready to provide you with premium services and exceptional quality, all at an incredibly competitive rate. We're eagerly looking forward to your contact! You can locate us in Quezon City, Metro Manila, and you can reach us through the following channels: Landline: (02) 79163920 Globe: 0956 372 8635 Sun: 0923 921 4557 submitted by /u/sherrytopnotch17 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/18dhnsm/architecs_engineers_and_general_contractor/

This new Reddit design is amazing submitted by /u/Any-Instruction4335 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/18crepr/oh_my_god/

Hi, I have been in US for about 9 years. 4 years undergrad, 3 years work exp, 2 years grad school and started working full time 8 months ago. I am trying to buy a house with my wife who is a US citizen. We will be putting in 20% as downpayment. We are legally married and we have our wedding ceremony in June and then we are planning to get my permanent residency. But we want to buy a house for our ceremony and all. Is it possible to get approved for mortgage in our case? I can put my wife as Primary and me as secondary or whatever works. But her alone can't afford good enough mortgage for us. Credit score for both of us: Over 800 Income for wife: $100k My income: $150k Current immigration status: f1 OPT in June 2023, STEM OPT eligible Appreciate any feedbacks Thank you submitted by /u/Dull-Enthusiasm1357 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/18cpo57/mortgage_on_f1_with_us_citizen_wife/