What the title says. Bought over the required 7 months ago and ready to get my rate down from 2023 rates. Currently at 6.075% submitted by /u/Psychological-Owl725 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1afem91/any_good_va_irrrl_rates_out_there/

I just have a lot of questions about it as I thought it was an interesting topic and possibly want to consider. I'm not in the process of purchasing a home for a few years, but some relatives (both the seller and buyer are related) of mine seem to be in the process of doing this between themselves. However, from my understanding, the relative selling has a conventional loan. I was reading up on assumable mortgages and it seems it's generally only possible with FHA, VA and USDA loans. Questions: - What situation(s) would one able to able assume a conventional loan? - What are the pros and cons of an assumable mortgage for both the seller and the buyer? - If an assumable mortgage is possible and goes through, is the seller ever liable for any payments in the future if the buyer defaults on their payments? - How complicated is the process to assume a mortgage? - I read that an appraisal is not required for assumable mortgages. What does this mean for both the seller / buyer...

Here it’s my story, I need an advise I stared my real estate career at Keller Williams were I met my productivity coach who later on created a real estate team and decided to join. She seem really nice and caring at first, when I joined the team o signed a contract of confidentiality with her and I remember her telling me one of the things she did not like or tolerate was gossip. So my splits were not that bad, if it was my client I found it was 25/75 and if it was a Lead she gave me it was 50/50… Which to me it make sense at first I though I was going to be getting leads. But later down the line I realized I was not getting leads, she will give me a list or really cold cold leads and expires to call. Which I would have to build the relationship over time. The first 2 deals I had with her that I close were from people I knew, and one other listing was from a list of expires that I build the relationship as well over time. And between those times I had other clients but she will want ...

Is there a better subreddit to post this in? My husband has proposed this, and mentioned that he wouldn't expect me to cosign on a mortgage other than ours, and that the only money he'd give to his family is possibly some money for the down payment. I don't work and haven't really worked due to mental health issues. I now have a baby and don't think i can work right now. anyway I absolutely despise this idea. I have waited a long time in our marriage for his family to be financially stable so they don't have to depend on my husbands income to survive. we lived with them until 3 years ago (husband was paying every expense for us and them). when we moved out My husband refuses to live even more than a minute away from them. With renting in a city, we got lucky finding decent apartments that were in same building. if we didn't i honestly don't know if we'd be married still. the landlord trusted my husband to give him two leases. so there's the t...

submitted by /u/ajd198204 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1adtc6i/eyeing_a_house_with_asking_price_of_800k_house_is/

Hey all, I've been doing some reading online and specifically on Reddit and other sites, and noticing that the general consensus on "Rent-to-Own" or "Rent-to-Buy" models are that they are bad. Bad for the tenants, bad for the owners, etc. etc. I currently live in a rent-to-own situation which is rather unique, but I can't tell if I have convinced myself it's good for the wrong reasons, or if it's actually a good way to get ahead for me. So I thought I'd post here and have some people yell at me (or not?) to figure out if I'm heading down a good or bad path. Backstory (skip to agreement if bored): In July of last year, my lease agreement for a condo I was renting with a roommate expired, my roommate was moving on with his girlfriend, and so it was time to move. I took a look around at some places with my girlfriend but we were finding that the rental prices had become really egregious over the time we had lived at the other place, I'm ...

Hello all I’m currently going into real estate as a salesperson at 21 years old, I just received my license. Are there any experienced agents on here who can give me a word of advice as a young new licensee. Since so far the market hasn’t been the greatest any of you have predictions on how it is going to change this year? submitted by /u/_jboc_ [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1acweec/advice/

Bungalow reno: Extending back of house 10 feet x 25 feet and creating new kitchen (counters, island , cabinets , appliances ) and breakfast area. Adding a 4th bedroom (previously the kitchen ) with new window facing west. New engineered wood floors entire house except washrooms New interior and exterior doors and sliding door breakfast area in back. New baseboard and door trim New in wall electric fireplace (60 inch ) living room and removal of brick fireplace. Gut old washroom and create new washroom with ventiliation, glass shower , vanity , toilet and porcelin tiles (no tub) Create new ensuite washroom in garage (marked wc on floor plan ) , heated porcelin tile floor new glass shower , vanity toilet , window no tub,ventilate. Remove popcorn ceiling. Move heating vents in floor from in wall. Paint entire house. Remove walls around stairs leading to basement and replace with 3 foot tall glass frame and beam. Permits to city for construction reno company hoping to submit next week pro...

I am currently a sophomore in college studying to become an accountant. I currently do not have a job and was looking for a part time job to make money while in school. Instead of getting a regular part time job such as working in a restaurant, I want to get a job where I can gain some real world experience, which is why I looked into real estate. I’ve done a lot of research and I’ve seen most people say not to do it part time because it doesn’t bring in a lot of money, but I don’t want to do it for the money, I want to do it as a learning experience. For school I only have one face to face class so my schedule is super flexible and I only do school work for about 10-20 hours a week. Overall my goal would be to make 10-15k a year (more would better if possible) because that’s about how much I would make from a part time job. I am willing to work really hard but I just won’t be able to put all my effort in because my main focus is school. Is it a good idea to do real estate or should I...

So I've had to do a loan modification in the first year of my FHA loan as the company handling my loan has denied my application for a deferral of some payments I missed due to a death in the family. I have been given a partial claim that includes my missed payments. As much as I hate it, it's unavoidable at this point. I understand the part where I have to pay the partial claim when I sell my home, refinance, or if I finish my mortgage payments on the 40 year term. My question is, can I use equity to pay it off if I sell or refinance? Ex I have 40k in equity on a 225k loan and the partial claim is 25k, I want to refinance, would i be able to refinance the original loan amount of 225k or would I only be able to refinance the remaining 185k? Could I add the partial claim to the amount I want to refinance(210k)? Or would the 25k partial claim be due before the refinancing can occur? Another question I have is concerns selling the home. Would the the partial claim have to be ...

Why would the new owners do this? Does not look like they made any changes. Wouldn’t they have to pay massive amount of fees/ capitol taxes. Granted they are listing it for a little over 100k than what they bought it for. Address is: 9 Hawkstone Cv Hampton, VA 23669 if you want to look it up yourself. submitted by /u/Adventurous_Sun_5564 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1ac5pz5/house_re_listed_for_sale_less_than_a_month_after/

How much time does it take to photograph a whole house? And how much does it costs? (I am referring with a crew and high quality) submitted by /u/chemingames10 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1abew5f/question/

I need some help getting my head around this to see if there is any saving this deal. So early this month my buyers put in an offer on a property using a USDA loan. The offer was a fast close and we were pretty confident at the time that we could close quickly but then the following ended up happening: We learned during underwriting that the buyers would have to sell their current property before we could close on the home that they were under contract for. The buyers started the process with Opendoor right away to try and get things done quickly but due to scheduling issues the process is taking longer than expected. The buyers dropped the ball on paying for the appraisal in time. The appraisal was ordered but the buyer didn't realize they had to pay for it right away despite being told so. 🤦‍♀️ (this is their first time purchasing a resale home) Our contingencies are now coming due so we explained the situation to the listing agent and asked for our remaining continge...

So we bought a new construction home and started seeing defects. Got an inspector here and he told us to hire a lawyer. We are looking over the appraisal that the lender made us pay for and they hired their own appraiser and it’s showing everyone who reviews it that the house was over priced. The house was sold to us with the ceilings not completed with any paint and the drywall’s were not completed with paint, closets still have primer and all the windows do not have wooded sills and no paint but primer, the windows were not caulked and have big gaping cracks in them, there was an attic pull down stairs listed which we did not get and dry wall pros are saying the entire drywall needs to come down. We had a ceiling leak and plumbers went up and saw all the vent pipes in attic lose with no pipe glue the pipes just fall apart when you take them up and there are waste gases being let out up in the attic. Got the county inspection report and it’s only 5 pages and they only did inspect...

I’ve read a million times that just so you apply within the same 14 day window, it would only cause you 1 pull and not impact your credit beyond that Our realtor made an offhand comment of “not applying to more than 3 that have a hard credit pull”. Stated if we do, to call and have them use a credit report that is already pulled. Said your report will only have one pull, but if apply for a mortgage and don’t use that lender it “essentially acts like a decline which can indirectly hurt”. I was planning to aggressively rate shop, but now my partner is convinced we shouldn’t. I can’t verify what realtor said anywhere else, other than one random Reddit comment from a year ago… is there ANY truth to it at all? submitted by /u/AreYouBoredAtWorkToo [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1abd5k7/does_applying_for_a_bunch_of_mortgages_within_a/

Was under contract on a home until yesterday due to a horrible inspection where we decided to back out. Our contract had an inspection contingency. Our agent sent the listing agent an agreement to cancel the contract and return us our earnest money that they still haven’t signed and returned to us. The agent never even answered our agent to confirm receipt. However, we saw earlier this evening when looking at Zillow and homes.com that not only is the house no longer listed as pending but they scheduled an open house this Saturday. I guess my question is, is this allowed when we don’t even have the signed agreement back from the seller? I can’t help but be super worried especially that the agent didn’t even respond. Our agent said that they’re allowed to do this since we have already given them our signed release, but he is also a newer agent and I’m not even sure he’s positive about that. Don’t know if I’m blowing all of this up in my head though. submitted by /u/sparrow3794 [...

Looking to Own Real estate on Ambergris Caye, Belize, and aiming for budget-friendly options, here are my top 5 picks for properties under $150,000 Ready to explore your options? Visit Here: https://www.youtube.com/watch?v=GklqMS1sTLo submitted by /u/lunarealtybelize [link] [comments] source https://www.reddit.com/r/RealEstate/comments/19f4rsw/top_5_property_picks_under_150000_on_ambergris/

I want to get my feet wet with real estate and buy land + fab but don’t know where to start. submitted by /u/cry0s1n [link] [comments] source https://www.reddit.com/r/RealEstate/comments/19f4ck9/where_do_i_start/

No sé si me puedan dar consejos o no sé pero la verdad tengo miedo a perder a todas las personas que tengo en mi vida ya que soy el más chico de todos y sé que seré el que verá como todos ya no estén submitted by /u/Jumpy-Contact-877 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/19ebmsh/qué_que_puedo_hacer_tengo_miedo_a_perder_a_mis/

I'm looking at a property that has restrictions but the seller doesn't know the details nor does their agent. My agent has no idea how to find them and neither do I... In the past I usually see them at closing but I want to know before I offer. Anyone know where to find them in Texas (Denton County if it matters). I found the clerks website to be very difficult to search and find anything on... submitted by /u/dfwskyguy [link] [comments] source https://www.reddit.com/r/RealEstate/comments/19di281/how_to_find_deed_restrictionscovenants/

I’m 20 years old and received a house from my mums inheritance when she passed- I’m so greatful but I’ve just been doing all the numbers and OMG Fees and tax are crazy. Been renting it out for 525 a week. I get about $63 of that. Rent is about $27,000 annually And $21,000 is expenses like Strata/council. Is it normal to only make 2-4K a year on a rental property?? I feel so bad for people my age now days. I can’t imagine paying all this PLUS the mortgage. Anyway just wanted to tell anyone who’s looking to buy. Recommend buying a business instead 😂 submitted by /u/Hot_Army_7003 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/19cr5yl/reality_of_owning_a_house/

Anything you’d suggest I do? I hate to be too picky, but they take you into the “design” space and give you the worst options and tell you those are the only options? I hated all of the backsplash options. Even the ones for up charge. They said you can not choose “nothing” and install your own. Yea, how dare me ask you to save your money and my time and just leave the house I’m paying you $350k for without a back splash. So instead they prefer I’m unhappy? submitted by /u/Powerful-Garden-4191 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/19col0d/annoyed_with_new_build/

I will be closing on a property soon. The property has tenants, should I write a letter of attornment or a letter of estoppel for the tenants to sign? Hopefully, this is not a stupid question. All help will be appreciated! submitted by /u/FormalSetting6772 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/19bxoog/closing_on_property_soon_some_questions/

I own a duplex that’s worth $167K. At the end of December, I went into a contract for repairs. I have the contractor $7,500 of front and barely any repairs have been completed. The contract ends January 24. I am also under contract for my first time home to close on February 14. I need $20k to close on that house. What should I do? To refinance, they want all the broken things fixed. I don’t have money for all of that. I have the contractor a lot of money, and he really hasn’t done much. submitted by /u/Educational-Spot2591 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/19ba0el/heloc_investment_property/

I(21m) have been living in a rent to own house in Pennsylvania for over a year and am curious if there is anything I should be concerned with before getting to the option to buy the house submitted by /u/No_Chemistry_3756 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/19b97av/anything_to_worry_about_with_my_rent_to_own/

I’ve been with my current employer for 1.5 years and around 2/3 of my income is from quarterly stock vests. Most lenders seem to only look at RSUs after 2 years with the same employer. Does anyone know of lenders who will count the vesting as income without the 2 year minimum, even if discounted? submitted by /u/dauphic [link] [comments] source https://www.reddit.com/r/RealEstate/comments/19b73cc/lenders_allowing_rsus_to_be_used_as_income/

I come across a property in redfin that we are interested in buying (yet to visit in person). The property description says that the roof has been replaced 2yrs ago. This is surprising because the home is just 10yrs old(or less than that). They also replaced HVAC. Is this indicative of a poor construction quality by builder? Do you buy such house? Or pass it on? submitted by /u/Gold-Whole1009 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/19admv8/new_roof_too_soon/

While looking into mortgage companies etc I was paired up with a realtor for the last couple of months. I am not sure if it was because it was the end of the month or what but this realtor seemed to be a little pushy. A different realtor has reached out to my husband who had been showing a house he had looked at. We like this guy much better. How can I get the news to first realtor that we no longer need his services? submitted by /u/Heyyther [link] [comments] source https://www.reddit.com/r/RealEstate/comments/199qt5i/how_to_let_your_realtor_know_you_are_no_longer/

I'm new to US and I'm planning to purchase a home near Cambrian, San Jose, CA. I saw the monthly payment breakdown in redfin for couple of single family homes in the area. The typical of payments per month breakdown for a 1.7M homes look like ~9k$ mortgage, ~1.5k$ tax and ~500$ home owner's insurance.I'm really surprised that a home owner's insurance cost is as high as 5,500$ PER YEAR! Is it normal to the area? Or is this high across the Cambrian / San Jose / Bay area or is it specific to this house? How much people are paying here? What are the factors that determines the insurance premium? Is there any room for negotiation here? submitted by /u/vpshastry [link] [comments] source https://www.reddit.com/r/RealEstate/comments/199mcia/questions_for_understanding_the_home_owners/

There’s no mechanism here that standardizes prices in an area. There’s no public sales records. There’s no mechanism to officially put a property on the market. Neighboring plots can have insanely different sales prices that seem crazy. Is there a similar market you’re familiar with? I’m just hoping there is because I’d like to learn how pricing works in such markets. I’d appreciate it if you could explain so I can have a better idea about when and how to sell my land. Also if you know about this topic, I’d really appreciate your feedback on my ideas below related to selling my land. Context: This is agricultural land. Located in the 2nd largest city of the country. Far from city center. Close to country’s 5th largest industrial zone so it might 3x-40x in value (in today’s dollars) in 2-4 decades. It’s good for solar. Close to a major stream in a 163K km² of region which has semi-arid continental climate. In a country where land is scarce (Country is highly mountainous. Most people...

So, my parents are a little bit illiterate and did not consider to double check this clause. They lend money to a homeowner thinking that the home that was put for collateral will be ours if the contract was breached. The debt should have been paid within 5 years after the arrangement has established, however, it hasn't been for over 8 years now. The homeowner keep dodging us, and wouldn't pay for almost years but now she wants to. We've realized that the market is expensive now and we're trying to find a way to have the title transfered. There's a clause that says that "the homeowner shall remain as the absolute owner of the property", even if she hasn't paid her debt after 8 years, will this still be the case? Or is this under the Lien Law? Nothing about lien, or "free from any lien" was stated in the contract. submitted by /u/Zentelligence [link] [comments] source https://www.reddit.com/r/RealEstate/comments/198uohg/is_it_stil...

We are looking to buy a SF house as a First Time home buyer. I was using the opendoor app pre-approval feature they offered. Found out that they are partnered with lower.com. I thought I could get a pre-approval by doing a soft hit in my credit and ended up getting a call to their agent. The call was smooth and gave me a good guide. After the call, I am hesitant because the agent was following up with some papers to proceed with pre-approval and feel like I am missing some details with regards to home buying. Anyone ever have experience with lower? submitted by /u/_ConfusedAlgorithm [link] [comments] source https://www.reddit.com/r/RealEstate/comments/198txao/lowercom_review/

So we are currently looking at another house. 3200 sq ft colonial- 5+ acres- great area- great schools- in the county. It’s cash only- so my Dad calls the agent. She tells him the owners haven’t lived there since March and there are busted pipes and a rat infestation. Said it’s most likely a complete rehab. He said no thanks just based on rats. Came to tell me about it. I was a bit more interested. Did some more digging. Saw the house was sold about 6-8 yrs ago and the pics inside were stunning. Makes me more intrigued. Do more digging and find the house was the site of huge animal cruelty case with animal Hoarding about 2 yrs ago. So now I dig up the police report and it says that there was “Sheetrock and insulation everywhere”. So with almost 100 animals in the house, there must be damage. I start thinking something is amiss. Dad says give the agent another call and have her answer my questions. So now I call the agent with my questions. She gives me basically the same story she to...

Western Chicago suburbs. Anyone recently have a good experience with a local credit union that you would recommend starting with? submitted by /u/BaseballSea7662 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1981dlz/recommended_cu_for_il_purchase/

If you’re new to real estate in the DFW area please stay away from this company. They’re looking for new agents to lock them into their “scholarship program” and you’re in debt to your own brokerage. submitted by /u/1mH3R [link] [comments] source https://www.reddit.com/r/RealEstate/comments/197zwcu/stay_away_from_century_21_judge_fite_company/

Hello fellow Redditors, I hope this post finds you well. I've come across an intriguing real estate investment opportunity, and I'd love to get your valuable opinions and insights on the matter. To provide a bit of context, I'm 33 years old, married with two boys aged 5, and my wife and I are expecting another child. We currently reside in Morocco, Africa. Our family income, derived from our regular jobs, amounts to $3,500 per month. Additionally, I run two small businesses, although they are not yet generating profits. Now, back to the investment opportunity – I've been offered the chance to purchase an 85m² apartment for $60,000, which is approximately $8,000 below the current market value. The property is currently leased to a tenant, generating a monthly rent of $200. The proposed transaction involves paying an upfront deposit, and the percentage of rental income I receive is directly linked to the percentage of the total amount I advance. For example, if I adv...

Hello! I'd like to hear about your experience in managing your budget for construction materials. You can either answer this survey or simply reply your advice below Btw, I'm a student working on my thesis abt developing a cost estimation tool (hence the survey) submitted by /u/kyeeem [link] [comments] source https://www.reddit.com/r/RealEstate/comments/197xq4k/survey_for_construction_material_cost_estimation/

I would like some advice (this is my first realestate transaction) on a offer to purchase clause that has been changed by the previous, or current until I sign this, homeowner that he will not be providing a real property report with the lane title. I do not have a lawyer honestly the place is $13,000 over my budget and I found a way to come up with that but I simply cannot afford a lawyer (I know it’ll pay off in the long run but I have no funds to pay for a lawyer). Should I be worried that he is trying to hide something by not disclosing this report? Is there anyone out there that can look at this contract & tell me if I should proceed? I’m nervous that I’m making a huge mistake but there is nothing else in my area, in my price range & I need quick possession for feb1st so I need to act quick. Anyone willing to give free advice? submitted by /u/LongPresent5708 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1974sjl/no_real_property_report_o...

Looking to buy my first house. Tried to wait out 2020 price hikes but things got worse. I plan on relocating to Florida in four years for better weather and fun but think it's time to be a homeowner as of four years ago. If I am a first time home buyer today, and sell in 2028ish, are the odds fair I'd at least breakeven? Kinda want to own a house because all of my friends do and my wife doesn't like being the only one still renting while everyone else has been getting on with life. I'm okay with making money, having it be neutral, or even losing a bit - just don't want to lose a lot. Curious on your thoughts of the probability of losing a lot. submitted by /u/ridersofthesky [link] [comments] source https://www.reddit.com/r/RealEstate/comments/19749u4/would_it_be_dumb_to_buy_first_house_now_and_sell/

On an estimate for a painter, should there be a line that says estimate includes paint price? Also, should the estimate also specify what brand of paint will be used and how many coats? (in New Jersey). The estimate I got was just one number (no mention if that was just for labor or labor and paint). Also did not include how many coats of paint and which brand. submitted by /u/rockyroad2a [link] [comments] source https://www.reddit.com/r/RealEstate/comments/196gg7n/should_a_paint_estimate_state_that_it_includes/

Hello, We are planning to buy a 500,000 home. We have 100,000 in stocks we could sell for the down payment. We’d have to pay capital gains if we do and lose any future market growth. However, our bank is allowing us to use the stocks as collateral and avoid PMI. They would still be invested but I can’t sell them until the balance is paid down. So we’d put nothing down, with a full 500,000 loan. From what I understand this would mean a higher monthly payment, but keeping myself invested in the market while avoiding taxes. Good idea? Or am I gonna lose out on interest because the loan amount is higher Edit: pledged asset loan submitted by /u/trashpandarevolution [link] [comments] source https://www.reddit.com/r/RealEstate/comments/196ec2i/using_stocks_as_collateral_for_a_down_payment/

I currently live in a brick and tile home and I am thinking of moving to another home with similar value, the problem is the new home is made up of this material called fibre cement, And what I have heard from family and friends is that it leaks very easily and is high maintenance. What are you thoughts on this. Primary reason I am moving is because of institutional zoning. And also some advice to sell would be great to (I am private selling) submitted by /u/Harjapn2376 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/196c67d/need_some_advice_on_purchasing_a_house/

First time home buyer and am trying to educate myself before 1st appointment with agent. What documentation is generally required to get approval? I’m a fairly new business owner(2 years) and am curious as to income requirements for FHA approval on a new build $500k-600k. Home will be located in a subdivision with lot included. submitted by /u/NoAbbreviations245 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/196bs4z/fha_approval_process/

Can I cancel an offer that has inspection contingencies for something minor on inspection? We made an offer on a house quickly to try to beat competition because we are desperate and have a baby on the way. Now that we are looking over the layout of the house again, I genuinely hate the use of space in the house. There isn’t a single room out of 3 that would fit our bed and walking space on both sides. The idea of having a bassinet next to my bed is a pipe dream. The two upstairs bedrooms have angled ceilings and my husband and I are tall so if we try to squeeze into one of them we will be smacking our heads every day. We put in inspection contingencies and the house was built over 100 years ago. I feel pretty confident something will come up in inspection next week, but my question is if it’s extremely minor, can I still back out of this offer? I’m not worried that I’m overpaying at this point and don’t care to nickel and dime them down, I’m worried that the house isn’t functionally...

Context: - 3300 sq foot house built in 1990. - on market for two months and no competing offers. - Asking price was 620k and my offer of 595k was accepted. We had our inspection which revealed many minor issues (not worried about minor stuff) as well as some larger issues that I want to negotiate a seller credit for. My realtor immediately started going on about how we can maybe ask for around $3k but after going through the inspection report I want to ask for $10k. My realtor is balking at $10k and making it seem as if I’m asking for an outrageous amount. The issues and my rough estimates of costs are as follows: —————- Miscellaneous electrical issues throughout: $500-750 - exposed and improper wiring in basement - couple ungrounded outlets in kitchen - improper panel wiring issues Plumbing: $1000 - 2 out of 3 sump pumps are not operating and need to be replaced - unused leftover plumbing coming out of garage wall where a former mini bar used to be needs to be removed to hang m...

Hello! I made video telling about how can you customise and use Zoho apps for different needs of Real Estate business. Hope it will be helpful: https://youtu.be/ZHuC3hq1_tc?si=Bxrf0WH16ac-11C1nnn submitted by /u/danachill [link] [comments] source https://www.reddit.com/r/RealEstate/comments/194q6so/real_estate_software/

Is it a bad thing when you as the buyer, (my girlfriend not me) passes you off to the seller’s agent (to get inspections done, etc. while they are on vacation? Instead of passing you off to someone who works in their agency? submitted by /u/Tyler017 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/19433aa/agent/

We live in LA and we are wondering what step we should take next. Should we build an ADU in our backyard or should we look into buying a multifamily unit? We currently do have a small ADU already built but we are looking to expand and have it fully permitted. And real estate investors who have gone through this situation? What would be the best financial investment move ? submitted by /u/Successful-Share-239 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1942q5v/adu_or_multifamily/

I have a client I’m working with that wants to get a fixer upper house but it’ll be their first home purchase. Of course the house is distressed so an FHA loan would not qualify. He wants to get a hard money loan and then refinance into FHA. Is this possible? submitted by /u/Dr_Options [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1942pln/can_you_refinance_hard_money_into_an_fha_loan/

Hi! Join me on Stake and get AED 200 for FREE, to invest in rental generating investment properties! https://getstake.com/rewards?c=ALI742&n=Ali submitted by /u/AdBeautiful9695 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1941725/stake/

submitted by /u/Motive8Podcast [link] [comments] source https://www.reddit.com/r/RealEstate/comments/19363h8/3_tops_for_success/

I’m 21 and in college for the next 5 years (aiming for masters degree) and all my classes are remote. I do uber as a job so my hours are extremely flexible. Real estate is a full time job and I believe i can make it work since my primary job is very flexible, is there something I’m missing? I plan on getting my license in the next few weeks and would like any opinions, thank you. submitted by /u/Palansaeg [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1934c69/is_becoming_a_real_estate_agent_a_good_idea_for_a/

I am currently in the process of purchasing a duplex. The property was on the market for approximately two months, and it appears to be overpriced given the necessary repairs and work it requires. The duplex includes two basement units. One side of the duplex needs a full renovation and is in a very dirty and bad condition due to dirty tenants. We submitted a lower offer, $29k below the asking price, and proceeded with the inspection. The inspection has some major repairs. Here is the inspection report summary: Electrical panel: - NEUTRAL "DOUBLE TAPPING" The major issue with a double tapped is the natural expansion and contraction of the copper wire as it heats and cools. When current flows through a wire, it heats and expands. When current flow stops the wire cools and contracts. Double tapped neutrals can expand and contract enough to the point where the connection becomes loose. The loose connection could overheat and cause a fire. - LARGE GUAGE WIRES CUT DOWN At ...

LONG POST! Sorry about the length, I just want to make the most financially sound decision here. We are purchasing a new townhome with closing set for mid month. At the moment, the builder is giving us 30k in credits to be used with the lender for rate buydowns (permanent and temp) and closing costs. Additionally, we are also getting a separate 1% back from the broker. I just really need some advice on how to best utilize all of this. My RE agent does state that any of the 1% that is not used will go to him after taxes, and he is willing to give the remainder back to us as cash as well (Aside: I don't know if this is standard practice or not, but it feels really generous and I'm feeling lucky to be represented by him... we didn't ask for any of it!). Here are some details about the numbers with a conventional 30-yr fixed rate loan: Purchase price: $711,000 Down (10%): $71,100 Loan amount: $639,900 Seller credit: $30,000 Broker credit: $7110 Fixed rate: 5.25%...

What are so key spots for real estate submitted by /u/RacerBoss [link] [comments] source https://www.reddit.com/r/RealEstate/comments/191kfe5/best_spot_in_california_to_buy_a_home_in_2024/

I am using DocuSign for my daily work but it costs way too high for me personally. Anny recommendations of reasonable alternatives? I am researching and seeing some options like PandaDoc, AdobeSign, LuminSign, Sign Now but I would appreciate a lot if you can share your own experiences. submitted by /u/No_Pea_5591 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/191gdi3/appreciate_any_recommendations_on_the_esignature/

Looking at this property in northern Colorado. FEMA data indicates that property is in high risk flood zone 7/10 severe flood factor. What can I do to mitigate the risks? submitted by /u/Prestigious_Sea689 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/191g5v5/risky_or_ok/

Hey Reddit Community, I hope this post finds you well. I’m reaching out to gather some insights from the community, especially from those with knowledge or experience in the real estate and online property portal sector. I’m in the early stages of conceptualizing a new online property portal, and I’m particularly interested in understanding the business models and processes that have made platforms like Zoopla and Rightmove successful. Here are a few questions I’d love your thoughts on: 1. How do websites like Zoopla and Rightmove make money? 2. What keeps people using these sites? Any cool features or tricks? 3. What kind of technology do they use for their websites? 4. Did these sites face any big problems when they started? 5. Is there anything new happening in the online property world that I should know about? If anyone has hands-on experience in this industry or has studied these platforms closely, your expertise would be highly valuable. I’m eager to learn from your colle...

I have a home, he has a home. We are getting married and plan to live in his home and put my name on the deed and I will rent my home out. The income from my home will go to both of us. The issue is he wants to go on the deed to my home. I don’t think he should since we will be living in his home. I am willing to take full responsibility of my home repairs, taxes, etc. I have no children and have never been married. I do have a niece whom I am very close to. . He has a grown son and ex wife. I’m afraid that if I add him to my feed, and something happens to me , his son and ex wife will benefit and my niece will be left out. Neither home is paid for. We plan on buying a joint home in 2-3 years depending on the economy and then we will sale my home and his. Advice?? submitted by /u/Ok_Bee2820 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/190p90l/adding_new_husband_to_my_deed/

Hey guys, just looking for any advice about my situation. Me and my boyfriend are moving in together soon, and while he has a great credit score and good rental history, I have a lower credit score (not horrible but not great either), and bad rental history due to a roommate. Almost two years ago, I had a roommate move in my last apartment and stupidly did not put her on the lease. Her dog chewed a huge hole in the carpet and broke part of the windowsill, and we were frequently a couple days late on rent because she never had her half. She moved out and I cleaned up as much as I could, but I still ended up getting charged a lot of money, and some of that went to a collection agency. I’m trying to figure out how to deal with the collection. I moved in Dec 2022 and the place I rent with now has been great, I’ve never been late making a payment. Me and my boyfriend make well over 3x the rent, but I’m worried that my history will bring us both down. Should I just include a note explaining...

Looking for opinions here. Me and My wife just got pre qualified with a broker and were talking about possible agents they could recommend. We gave them the information to a new build we have been eyeing for a long while, we visited the new build and I filled out a guest form that asked for my name, city, state, zip, email and phone number. I put my wife down as guest but no identifying information other than her name. Well...when I talked to my broker I told him about the new builds and how we wanted to revisit it just in case to make sure we really liked it. He said that its fine but TO NOT SIGN ANYTHING. Well after thinking about what he said I remembered the guest form I signed some odd weeks back and told him. He stated that we may have screwed ourselves but that he would call the builder and see what could be done. I am now wondering since their is a possibility of me screwing up royally would their be any legality issues if say my wife went with an Agent and signed in and star...

Halfway through closing, our agent shared she included a home warranty that the sellers were going to pay for ($730). She did this without informing us nor getting our consent. We closed on 1/2/24. I don’t know if our agent gets an additional commission/kickback from including the home warranty but she’s listed on the receipt. I called to use it for the re-key service and there is an $85 service fee per service! This feels like a huge scam. Thoughts? submitted by /u/Far_Whereas_7661 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/18zyb2l/home_warranty_scam/