I am a home owner but I readily admit that I know very little about the actual process. Obviously, my realtor guided us through the process of buying our Home and I just went through the motions. I do have an investment in my friend's RE firm as a limited partner but that is just a passive investment. I have plans to start an LLC in future for any investments and I started reading up (mostly investopedia and other online resources). I know I will have to engage a CPA and RE agent to get all these setup, but I will be much more comfortable if I know a bit more about what I am actually doing. Obviously, there is an overload of information when you search online and one of those led me to consider finishing up the real estate agent course. I have no intention of becoming an RE agent but do you guys think finishing the course and getting the license will actually help me in the long run? Or are there any better alternatives for this (classroom courses, online classes)? Where can I st

I wan to buy a new house and sell my current one basically around the same time. I can afford and qualify to have two mortgages at once and put a 20% down-payment on the new one. I would like to sell my current home and once it sells, roll some of the profit into my new house, reducing my monthly mortgage payment. Rolling the profit into my new house won't affect the monthly mortgage amount though without a refinance. Can I just immediately refinance, I assume I would have to pay closing costs twice? Do I get a bridge loan? What is the best strategy for this? submitted by /u/Filthy_Gopher [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1b2ytoa/best_option_when_buying_and_reselling_house_at/

An offer was made directly to the sellers real estate agent and he immediately rejected the offer. I went back and asked for the “offer acknowledgment sheet” he said the seller refused to sign it. My offer was 10% under asking (cash) I feel like he didn’t present my offer. I upped my offer from my original and both were met by a no. The realtor also owns the agency so I can’t go above him to ask. The house is in a trust. Can I send a letter to the house and introduce myself and mention I made an offer or is that unethical? Thanks! submitted by /u/ChunkyMunkyyyyy [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1b2yjvb/was_my_offer_presented/

Home details: $410k in California FHA loan with 3.5% down Higher end neighborhood but the home has never been fixed up or maintained well since built in the 1990s. Similar homes in the area are going for $450k - $600k, so it's definitely a fixer upper. I asked my agent to put in an offer for full asking price & asking the seller to cover closing costs. Agent tells me they accepted. Signed the offer contract, but noticed the seller credit is at $10k. Asked about it, told not to worry, closing won't be more than that. But, so far I have paid for general inspection, rodent inspection, and appraisal. After doing research, I found out at least the appraisal could have been paid by the seller due to it being part of the closing costs. So now I am wondering what else I'm going to have to pay. I checked the purchase agreement again and a few boxes are blank, but seller is checked for most, except for escrow fees where it says buyer and seller will pay their own. Is this

I was initially thinking about going with Navy Fed because they had a no PMI option and lower interest rates on many of their loans, until I realized that they dont offer FHA loans. Does anyone know of any lenders who offer FHA loans with no PMI? submitted by /u/Financial-Leather639 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1b22q0k/fha_with_no_pmi/

Has anyone pursued a degree in Business or Finance with a focus or minor in Real Estate? It is something that I contemplating but not sure if the information is worth the price. submitted by /u/organizedcalamity [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1b21sdl/formal_education_in_real_estate/

I'm looking into purchasing my brother-in-laws' townhouse, which we originally thought was only in pre-foreclosure (I'm still not clear on how it got this far without them realizing it, but that's an entirely different conversation). I met with him today to take a look at the notices they've received and it is a Notice of Sale, which from what I understand is essentially the last step before auction. It lists the auction date as 06/01/2024, so there's plenty of time for me to close on a loan before then. To stop the foreclosure, they must pay $31k or sell. I'm very new to the investing side. I turned my original home into a rental and have been successful with that for the last 2 years. This is the first investment loan. I'm pre-approved with LoanDepot and BetterMortgage for purchase price of $210k with estimated value of $290k at 7.125% with a 25% down payment and working on a pre-approval with a credit union for 5.5% and 25% down. I'm still sho

submitted by /u/FlounderLegitimate30 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1b16mu0/jey/

submitted by /u/FlounderLegitimate30 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1b16mi7/jey/

We are looking to purchase our first home ever. We’ve never purchased any land or a home. We are looking at homes as well as manufactured homes. What are things we need to know? Benefits of buying a house? Benefits of buying a manufactured home? Benefits of buying a manufactured home and land package? Also, how can we get the most out of our money and not get screwed at the closing table with a preposterous closing cost? We just don’t want to get screwed over. submitted by /u/MoistureMagnet [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1b0fp9s/this_is_probably_over_asked/

submitted by /u/Honest-Yam-271 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1b0dijj/hey_guys_i_have_no_previous_experience_or/

We live in a 2b 2ba ranch in a HCOL area. 860sq ft. Have a 2yo and another on the way. Building a backyard office 12x16 studio for work and some music play. Also have a huge deck with outdoor table for the summer. Great yard, good neighbors, love it here. But it's obvious that our days here are numbered. Interest rates are so high that even with our equity, our purchase power is low and we're priced out of buying in our metro area. What downsides might we face if we rent this place out and move to the burbs or elsewhere and rent a larger home? submitted by /u/ericgray813 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1b0bzp2/growing_family_rent_out_current_house_and_rent/

Next year (2025) we are "retiring" and selling our house. We are researching properties in the Cleveland, Ohio metro area (west side). We plan to put down $100k. However, we are trying to decide whether to go single family cottage or buy a double/multi family to live in (with idea of the rent covering mortgage). Obviously, we are trying to leverage our fixed income. Thoughts? Suggestions? Thank you. submitted by /u/starsplitter77 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1azp2zn/retiring_soon_is_a_multiunit_a_good_idea_in/

Hey all, thinking about renting out my primary home in Texas. It’s a 4 beds 2.5 baths with a big backyard. The house is paid off. Property management quoted me first month rent to place tenant, 10% monthly fee and $400 lease renewal fee. They said the house could go for $2300-2500 per month. After tax, insurance, maintenance fee I was quoted that I would net $12000 a year. Wondering if it’s a good idea to hire a property management company or do it myself? Any first time landlord advice would be appreciated. TIA! submitted by /u/babibae23 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1azox4q/first_time_renting_out_primary_home/

Selling a condo in California and I’m reviewing an offer. What exactly is an “informational access to property” contingency? The potential buyer (a new attorney, I believe) marked that for 7 days after acceptance, as well as the “investigation of property” contingency for 7 days after acceptance. Buyer’s aim is for a quick close of 16 days, if that helps. Buyer also asked for a $5000 credit toward closing costs. putting down $35,000, financing (LTV) at 90%. In my counter offer, I would like to include the contingencies “verification of down payment and closing costs” and “verification of loan application” within two days after acceptance, because the last two offers wasted our time. Would that be within RE norms? I would appreciate your insights. submitted by /u/Designer_Role_7012 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1azm023/is_it_usual_in_ca_to_have_both_the_investigation/

Hello! My husband and I are wanting to sell our current home. 3br, 1ba, 1100sqft. Built in 1992. We have put a lot of work into it, brand new LVP floors, new water heater, new HVAC motor, new oven, landscaping, updated paint jobs, etc. Even with all of that done, it's still an old house that's not perfect. We have dogs. Some neighbors are kinda trashy. What can we do to ensure it sells and sells relatively quickly? We put an offer in on another house with contingency that our current house sells, and the seller rejected it for fear that we won't sell our house for months because the market down here isn't crazy like other places. So we have to be under contract for our current house before we can have our offer accepted on another home. I know to put away personal things and touch up paint, landscape, and do a deep clean. We are pricing it to sell. Any other advice or help? What turned you off when looking for your first starter home? Thanks! submitted by /u/e

"Good investment property with five stand alone cottages. Four units had been recently remodeled, with positive cash flow potential. The fifth unit is in the process of being remodeled. Please call ahead, four units are occupied and require at least 24 hours notice to enter" (Zillow) What do you guys think??? I am able to use my VA loan, is this a good investment?? $455,000 10 beds 5 ba. I've been wanting to purchase a property like this. Zillow Link submitted by /u/Extension_Ad3013 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1aypczu/buying_a_5_stand_alone_cottages_for_renting_it_out/

My father in law recently expressed interest in selling us his home, if we would rent it back to him. This would let him get his equity out of the property to retire on, and we would get a decent price on real estate to use as a rental property in the future. We are buying and holding rental property already for retirement, and plan to add doors as we can. My father in law rented his home for 15 years, and then purchased it from the previous owner with owner financing and a right of first refusal for that previous owner and their heirs. He has called the previous owner to ask if they'd be interested, and they asked to see the contract. We've not written any contract, we've only briefly discussed a potential price and that he would want to continue to live in the home, etc. If we wrote him an offer and included a right of first refusal for him to purchase it back if it was sold, potentially for the original sale price plus closing costs, and included a clause that he cou

Now: 3200 P&I monthly 6.46 apr 30 year Refi: 3009 p&I monthly 5.788 Apr 30 year 5200 closing. Va IRRRL Good idea? submitted by /u/WeekendSuspicious486 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1ayof4k/refi_good_or_bad/

We bought our house for $325k at a fixed rate of 3.00% in November 2021. Since buying, our monthly mortgage has changed by several hundred dollars, and as first-time homeowners we're very confused. We understand the general idea of an escrow analysis, but why on earth does everything change so often and by so much sometimes? Is this normal? We spoke with our parents about this and they said that fluctuations can happen but it's usually nowhere close to the frequency and amount of ours. Here's the general timeline of our monthly mortgage adjustments since then. These figures are rounded a bit since I don't remember the exact amounts. November 2021 - $2000 May 2022 - $1800 June 2023 - $2300 January 2024 - $2450 February 2024 - $2350 submitted by /u/devastacao [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1axvte8/is_it_normal_for_monthly_mortgages_to_fluctuate/

submitted by /u/kickschamp [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1axuyk8/anyone_interested_in_new_deals_daily_from_all/

Hi guys. I am planning to sell my single family house for close to 250k. My agent (who was also my agent when I bought the property) is asking for 6% commission which I am fine with. But on top he is also asking some $2500 extra to pay for escrow, title and brokerage fee. Isn't this fee generally part of his commission or is it separately paid on top of the commission? submitted by /u/Evening_Brother_8156 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1ax4oz9/sellers_agent_commission_and_fee/

We are looking at a newly built, single story, 1,800 sf, 2 bed 2 bath home in a prime location. Both bedrooms are King sized en-suites with walk-in closets and spacious bathrooms. However, there is no toilet near the kitchen, dining, or living room. If you need to use the bathroom, you must walk down the hall to one of the two bedrooms. The house is marketed for a 2-person family and in fact the 2nd ensuite is currently staged as a home office, which we would do as well. Couples out there: would this be a dealbreaker for you if you like to have company over? submitted by /u/SamSanchez027 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1ax43yy/house_has_no_guest_bathroom_thoughts/

Real estate valuation is a crucial aspect of the property market, as it determines the worth of a property in a constantly evolving market. While many blogs discuss the basics of real estate valuation, this article will delve deeper into the art of property valuation, exploring lesser-known factors and providing a comprehensive understanding of this complex process. The Role of Appraisers While real estate agents often provide initial property value estimates, professional appraisers play a critical role in determining the precise value of a property. Appraisers use their expertise, knowledge of the local market, and a variety of valuation methods to provide an unbiased and accurate assessment. Different Valuation Approaches There are three primary approaches to real estate valuation: the sales comparison approach, the cost approach, and the income approach. Sales Comparison Approach: This method involves comparing the target property to recently sold properties with similar char

Hey everyone, I'm in the thick of house hunting in LA and came across this platform called Gigi AI that promises 1% cashback on home purchases. While 1% might not seem like much, in this crazy LA market where houses are going for like $800,000 to $1 million, that could mean getting like $10,000 back. That's definitely not something I'd want to miss out on! Anyway, it all sounds a bit too good to be true, so I was hoping to see if anyone on here has actually used Gigi AI before. Did it work out for you? Is the cashback legit? Any advice or warnings would be greatly appreciated! submitted by /u/Kim_on_Reddit_Si [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1aw8rz9/anyone_have_experience_with_gigi_ai/

My family owns a few residential units and I am currently looking after them. Since there aren't a lot of units, so we usually manage it within ourselves for now and have leased them to mostly working professionals and students. Just saw in another group probably in r/leaselords , that from July, 2024 LLs can't charge 2-3x of rent as deposits. We've always charged just 1 month upfront. Are there some 'leech' of LLs who does this that led to such bill? Or was I living under the rocks? submitted by /u/jonandoyle [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1aw8cp7/am_i_living_in_another_world/

Hey all, we currently live in a home I purchased in 2010 for 240K and are now saving for our forever home. The idea was always to rent this house out and save for a sizable down on the next house. Although, now I worry, it’s in our best interest to sell before the 500K profit capital gains can be triggered. Things of note, we spent about 245k in remodeling the home, located in CA, to move back into it during the pandemic as it was a rental for a few years. The tenant wrecked the house so a majority portion of that was to make the house livable again. Are remodel costs factored jnto the "profit " margin of the trigger? Zillow / Redfin is estimating the houses value between 650-720k but it’s not counting some of the upgrades we have made on the house. i would estimate were near the 710 side of things.If we start renting it agin , we may lose the opportunity to sell it before it hits 740k , where the delta would hit 500. For those of you with rental properties, do you factor

submitted by /u/ElizasDad [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1avertf/has_anyone_bought_from_opendoor_using_their_buy/

by real estate i mean property valuation/built envi etc. not being a real estate agent. i’m thinking if i should study real estate as my undergrad degree (i’m interested in urban planning as well and i’m thinking if i should study real estate along with it). thanks! submitted by /u/fangedino [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1avbx4w/any_good_introductory_books_for_real_estate/

submitted by /u/OscvrSTi [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1aujikc/can_i_write_off_the_taxes_and_interest_of_my_home/

I have a contract for a property. Can I sell it to someone submitted by /u/Fast-Professional-82 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1auhopt/real_estate/

Hi we're about to put our 4x2 onto the market (Western Australia), and had real estate agents tell us it would be better to paint/plaster the cornices, which have shifted/cracked due to other newer houses in the area being built (from compacting). The agents have said that only the area around the cornices need to be painted - not the whole wall. Cornices are white, and the walls are cream. However, 3 out of 4 painters that we received quotes from have said the whole wall will need to be painted because the new paint won't be the same colour as the old paint (even if we get the paint analysed and colour matched). Plus different brands make paint different (we don't have the same paint for the house so will have to get the paint made). 1 painter/handyman said he wouldn't need to paint the whole wall and can feather in the new paint. Who is correct? Can we get away with not painting the walls? Thanks! submitted by /u/Round-Strawberry-451 [link] [comments]

Hello, fellow Redditors! I'm currently facing a decision that I believe many of you might provide valuable insights on. I live in Montenegro, where the government has announced changes to the tax code expected to result in a minimum 10% salary increase by the end of this year. In my case, the net salary will probably increase from 1200 euros to 1400 euros a month. In our country, real estate prices are high relative to incomes (at least 1700 euros/m2), making it difficult for at least 90% of the population to purchase a home without resorting to a housing loan. The current interest rates for these loans range between 5.5% and 6.5%. Given these circumstances, I'm contemplating whether to take a housing loan now to buy an apartment in the capital before the anticipated salary hike potentially inflates real estate prices further. However, I'm torn between acting now and waiting to see how the situation unfolds. I'm particularly interested in advice on: The financial

Long story short searching for a home. Found a realtor and a place I’d like to make an offer on. Realtor sends a buyer agency contract which states in addition to commission I have to pay a $500 broker fee. Also there is a clause that states I have to use this realtor for a period of 8 months and if any deal falls through, or I end up not buying I owe the realtor the broker fee. Is this common? First time home buyer. Thank you. submitted by /u/Euphoric_Penalty3296 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1ats0ne/buyer_agency_contract_with_fees/

A home was inherited to me that has its own address. The problem, it was built so long ago and is actually considered the back house that the city can not separate from the main home as it shares one parcel of land. But I was not given the main house and the main house has to be sold in the trust. Now what? There is a trustee trying to figure out the next steps, but what options are there? submitted by /u/Long-Temporary9169 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1atoirc/inherited_a_home_that_ended_up_being_a_back_house/

Get in touch with FirstLease Professionals today and choose from multiple options. From flexible options to premium amenities, our office spaces cater to businesses of all sizes and budgets. Take your business to new heights with our prime locations and modern infrastructure. Visit www.firstlease.in to explore office space for rent and make your mark in the dynamic corporate landscape. For further queries contact us at +91-977388055 or info@firstlease.in submitted by /u/Dear_Ad8226 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1at05gc/renting_a_commercial_property_at_the_heart_of/

https://www.tiktok.com/t/ZT8w4XAeS/ submitted by /u/Sweet-Chard6148 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1asxen3/bill_peifer_of_champaign_il/

My wife and I found a new build in the suburbs that we love, but don’t have 20% to put down. The home is $590K and our total annual household income is ~$285K. We feel comfortable affording the home from a monthly cost standpoint, but only have ~$50K in savings, primarily due to paying too much for our recent wedding. Other info that may or may not be relevant: Credit score is 800+ We own an apartment in Chicago worth ~$280K that I bought 4 years ago and we’d like to keep to rent out due to the 3% interest rate. Outside of the current mortgage, we have a $300/month car payment for 16 more months and a few thousand left in student in loans. Otherwise, no debt. House would be ready in 8-10 months and I think we realistically could save ~$40-50K in that timespan due to my wife receiving a 20K bonus in March (already factored into total household income). We are in our early 30s. From reading other posts here, it seems like PMI isn’t the end all be all that my parents think it is.

Hi everyone, We are currently trying to put an offer on a new construction home in California. We are in a HCOL area that has been impacted by wildfires in the past. We recently saw a home that we really liked and could see ourselves living here for the next 10 or so years. The only negative to the house is that there are large power lines located just outside the property line on a public easement. I have included pictures for your review. We are not allowed to add a fence to the back of the property as it has to be a deer type open fence. We can however plant trees or bushes to try and cover the power pole as long as it meets the HoA requirements. The house has been on the market for about 3 months and has been slowly coming down in price. It is currently listed at 1.46M (started at 1.7M). Similar neighbouring houses with a similar lot size and sq/ft have recently sold for about 1.7M and most houses in the neighbourhood area 1.6-2M. We are planning on offering 1.4M. Would the lar

We have lived in a home for 5 plus years, and the home has now appreciated 140K, and now I'm planning to upgrade to a different single home, which is around a 600K value. my annual family income is around 250K. Current home will fetch me 2k rent will get me $500 cash flow. What are the tax advantages I will have if I rent it or should I sell it to get 1031 benefit? submitted by /u/krishone [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1arb49o/rent_out_or_sell_it/

Looking at GenZ and younger Millennials who operate via collective action, I don’t think GenX/Boomer sellers are ready. This is really a thought topic about buying/selling single family/Townhomes/Condos in the next 10 years. I think this house of cards and current state of buying/selling is in a precocious spot. It could easily be disrupted by mass sentiment. A smart App developer could come along and make Zillow, with comments, likes etc making it a more social experience. There are so many times when I wish Zillow had comments, the content would be magnificent. Or there will be a collective push via TikTok to low ball the living shit out of sellers to influence the market forcing a correction. Home prices are actually ridiculous right now and they don’t seem to show signs of cooling in the next 5 years. But something will break. Interested if others have thought about this. submitted by /u/Eyetalianwhiteboy [link] [comments] source https://www.reddit.com/r/RealEstate/c

We are Top-Notch Construction, a group of architects and engineers specializing in the design and construction of high-quality residential and commercial buildings. For your design and construction needs, we offer the best package in town. We build at lower cost, better quality, and superior service. Our solid experience of more than 15 years in the construction business provides us with deep insight and knowledge of the industry, allowing us to mitigate critical pitfalls and maximize the level of project realization. We also provide a referral fee for every successful project referred to us. 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/1arahi3/looking_for_real_estaterealtorbrokers/

I'm 20 grossing 38k a year at my current job. Looking to invest in real estate. I want to/in the process in getting my real estate license. Just wanted to get some advice on how to play the next couple years so I can get my first property. Ideally on a FHA loan. I have about 7k in the stock market (3.7k Roth IRA 3.3k regular) and 2k saved cash. submitted by /u/ConstructionOk6948 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1arafht/how_much_do_you_need_to_save_for_rental_property/

For example, i saw a guy on youtube trade items starting with a paperclip for a rock and a rock for a machine and so forth- until he was able to get a home. You can also inherit a home, purchase land with a home on it, buy a house boat, etc. Im curious what you did to purchase your home outside of the conventional loan, etc strategy. submitted by /u/TradesforChurros [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1aqjl0u/has_anyone_got_a_home_in_an_unconventional_way/

My old neighbor (Jack) took care of an elderly man and lived in his house. The older man passed 18 months ago. Since his “estate” was left to Jack all bills are his responsibility. The man he took care of (Steve) had no assets, just debts. So Jack inherited a whole ton of bills and no way to pay them. He is mentally disabled (refuses meds for his mental health) and hasn’t had a job or income for 20+ years! The plot thickens because he’s a hoarder. Yes, just like the TV show. Because he couldn’t afford his water bills and now you can’t access the bathroom (filled with garbage) he relieves himself in various receptacles. He doesn’t take out his trash because he’s sure people are going to go through it. You get the idea! Of course the mortgage company gave him some leniency and time to sell the house and settle the estate. However, it’s been 18 months since he made a payment. The courts have him 5 more months. (This is like the 4th extension). The house won’t sell because it can even b

I have two homes I'm trying to sell a house that need foundation repairs($7k) estimated to fix. I have fixed all other major repairs are done. I can't keep investing into it. House value fixed is 260-280k should I sell it at a discount 220k make some of my money back because I can't fix it and I got two mortgages Please help any suggestions helps submitted by /u/AngelDust420_710 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1aqhma0/help_deciding/

Invest for your Lot Investment and Wait it to Grow ☺️ submitted by /u/Real-TySales [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1apogkn/subic_town/

If you are looking for residential township in Yamuna Expressway you can consider Solitarian City located in sector 25 Yamuna Expressway offers apartments and Villas inside the township. Apartments and villas of the solitarian city came at affordable prices so that they can meet client requirement to give comfortable lifestyle. submitted by /u/animikasharma [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1apo9pn/residential_township_in_yamuna_expressway/

Refer to my previous post history if you really want to. Basically, long story short, moved into a house that I found out after 5 months of fixing it up, is infested with squirrels. Grey squirrels, red squirrels and also chipmunks. I’ve already spent close to 50k repairing the house in other ways. Basically, it wasn’t livable. I knew it would be a project, but now I’m at a loss. Heard them in my walls. They chewed through my roof and siding. Had to get a new roof and cut down trees. This was 30k. Then found out red squirrels were getting in underneath siding. Closed up all entry points with copper mesh and spray foam. They are not getting in that way anymore. I also set up traps outside, and put poison outside. Everything was quiet for a few days. I was so relived and thought they were gone. I found out yesterday they are still there. I have discovered they have most likely dug underneath my enclosed porch and this is how they are continuing to get inside my living room/kitchen w

Recently toured a home we were interested in. Out of courtesy, i spoke to the home owner to let them know why i was in their driveway. The seller was welcoming and asked my wife and i inside. Everything was very cordial and respectable. And we spoke for a while waiting for our agent to arrive. The conversation was along the lines of where we were from/grew up etc, nothing really about the house. Later on, our agent somewhat chided us for speaking to the homeowner. So i have to ask is speaking directly to the seller/buyer taboo in the real estate realm? submitted by /u/huntthewind1971 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1aou3r6/is_talking_to_the_actual_sellerbuyer_taboo/

hey guys please watch this video at least for once time. https://www.youtube.com/live/g70NbxfQuqU?si=Em7PhLRK9baGSY1C submitted by /u/SquareChard1143 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1ao50zt/real_estate_father/

Yeah, like the jerks on facebook marketplace. I want to offer houses that have been on my market 60+ days or more a 30% offer under their asking price. This would probably piss off agents, right? submitted by /u/astas_demon [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1ao3z4r/is_it_going_to_piss_off_a_realtor_if_i_just_want/

I have a question for which I’m hoping to get others’ opinions. Please be kind — I have been going crazy with this and with everything else on my mind, and I have no one. For context (very important): I am a single (divorced) female in my 50s. Live in the Midwest. I have a terminal medical diagnosis for which I am not allowed/able to work. No one is quite sure how long I will survive this condition — could be 1 day, could be 5 years. But short of a miracle cure, it will definitely be terminal. I receive Social Security Disability as my only source of income (about 35k/year). I purchased a house 3 years ago (when I was rich — ha ha) in a low cost of living small city in the Midwest. I paid $175k for it. Conventional 30-year loan at 4.3%. Payment is $1220/month. It’s definitely tight budget-wise. I still owe about $135k on the loan. Current Zestimate on house value is $207k (seems about right for the area). I know they often aren’t accurate though. Now for my dilemma. I qualify for a

Currently, there is a property for sale on the Goldcoast via an online anonymous bidding platform with the agency. All you need to do is scan the QR code at the open home to enter. From here the Agent explained that you can only see the highest current bid price if you’re the highest bidder. If this is not you it states bidder ‘x’ is leading but does not display a price. Below you can see a log of who and how many times bidder ‘x’ or ‘y’ has bid but no price is displayed. Furthermore, when the timer ends even if you’re the top bidder you aren’t guaranteed the property (unlike a normal auction). The seller can still choose an alternative bid depending on the conditions (finance, settlement & building and pest etc.). The biggest concern here is how are these ‘bidders’ distinguished as being authentic. If the highest bidder at the end is not then legally obliged to take ownership and pay deposit for the property what stops the seller’s friends, family or even the agency placing fa

So basically, i am about to win a fair bit of money in a victim claim, 500k to 1 million (rough number but have been guaranteed a min of 500k). I will be using this money to move out of Perth to Bridgetown. I am currently on disability which will expire in 2 years, where I will work part time to support any other bills i may need with my mortage paid off. So what i am asking is i have a partner of 5 years, I am going to marry this man, who has supported me through everything and has never asked for a penny. He is currently unemployed, to start studies and eventually a part-time job when we move (could take over a year to find one due to low job opportunities, although both happy with retail, supermarket any little job). When we move the understanding is we will split all bills and council rates, as charging him 'rent' isnt something i find necessary as the mortage is paid off and i wouldn't charge him anything as this has been OUR blessing (however we both agree the house

Before I tell the story, let me propose two loans and see which is better to see if this is actually a great deal (rates are sky high because property is not eligible for standard loan)..... Loan 1: 8.5% 30 year fixed $2076.07 P&I Loan 2: 7.625% 30 Year 7/1 ARM (rate can fluctuate 2.625-12.625% after 7 years) $1911.04 P&I Difference in monthly cost: $165.03 Cost to close is $4,246.52 more for loan 2 Is one of these inherently vastly superior to the other? ------- As for the story... I'm buying a property which is not eligible for a standard loan (it's a non-warrantable condo in a big city. I looked at a lot of places and pretty much none of the condos I would want would be eligible for a standard loan). I was all set to go with loan 1 but I was a little annoyed at the high APR because prior to looking at condos I thought I could get a standard loan and rate but after tons of research, that's just not true for anything I want. Not a big deal in the end, it i

Are you planning to design and build Medical Office Space in Orlando ? Don't worry Invision Development is here to provide the best service at the best price. submitted by /u/Invisiondevelopment [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1amjvbh/design_medical_office_space_in_orlando_invision/

House info: Hot market Northern California bay area/ nice & safe neighborhood / great school district 8,9,9/ 70 years old single house. 1) Hall bath: floor makes noise at various areas and are loose. 2) Master bath: floor has cracks, and separations. Tiled shower enclosure walls have separations at various areas. Shower drain is rusted 3) Toilet was not flushing properly and occasionally backing up-inspection found the sewer line was impacted by roots and needed replacement =>Entire sewer line from house to street was replaced in 2017 due to tree root intrusions. No sewer issue since the replacement. 4) Water pipes were replaced with copper in 2015 as recommendation although there was no issue But contractor did not repair access holes in backs of cabinets/walls in two bathrooms under sink, behind master bathroom toilet and kitchen under sink 5) rodents in crawlspace/attic/kitchen areas noted, contracted with pest control on an as needed basis. Rat Patrol-we have one year

https://news.google.com/articles/CBMiJGh0dHBzOi8vd3d3LmNlbGVic3dlZWsuY29tL25pci1tZWlyL9IBAA?hl=en-US&gl=US&ceid=US%3Aen submitted by /u/adhdjr [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1alr3se/who_is_nir_meir_developer_of_hfz_capital_group/

I bought a cheap 5plex 6 months ago (August 23) out of state for about 150k I made make ready repairs to make it livable. the initial quote was 30k, but I limit myself to do very basic ones, so I spent about 8K on that. Once fully occupied, I expect $500 per unit or $2500K per month. However, since September where the repairs were completed, the property management company is not having tenant. I posted it on marketplace in December and we filled 2 rooms, added to 1 existing tenant. But still have 2 rooms vacant. I believe it is not as much as attractive to lead due cosmetic but I am not willing to put more money on it I had a commercial loan on it since more than 4 units so the interest is pretty high + the insurance too (very old building of 1930s): monthly payment PITI is $1300 After 6 months of having this asset, I barely received $2000 from the property management. So I have to pull on my own account to pay the PITI. With repairs bills that are coming here and there (which I

Trying to move my head around if there any good products/ software out there that help me track my real estate portfolio in a better way! Can you suggest a few tools? submitted by /u/PsychologicalPipe368 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1akxo2n/how_to_track_20_properties/

Got offer accepted, now what? I got 5 pre approvals, I had them all quote the property etc to get a rough idea before we went under contract . My question is can I send the signed contract and get the final offer with any incentives they offer or does sending the contract over mean I have to go with them. I just want to get the best offer with it all in writing. submitted by /u/Miltenberger656 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1ak69vp/got_offer_accepted_now_what/

I am considering moving to Hollywood, FL and there is a house I like for $1.1 million. It sold for $231,000 thirteen years ago. Trying to figure out if it's an overpay to pay that much for a house that sold for so much less only thirteen years ago or if it will continue to go up. submitted by /u/ridersofthesky [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1ak5hgv/thinking_about_buying_a_house_for_11_million_that/

As in title, my partner and I have 5 cats. We're selling our home, but we can't get loan approved until we sell - best the bank will offer is same day settlement. I'm unsure how to navigate selling, with showings etc, with 5 cats. Getting them into carriers into our hatchback at short notice seems unmanageable. We don't have anyone in a position to take on 5 cats even for a short period (pretty big ask). My partner is going to be appalled if I suggest a cattery short term. Any suggestions? submitted by /u/Liss_19 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1ajaamk/advice_on_selling_5_cats/

Everyone talks about how much equity they have in their property. I feel so sad our condo has not returned to 2005 bubble price. In one of the top 15 major metropolitan areas. submitted by /u/wayne888777 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1aj8276/our_condo_price_has_not_gone_back_to_2005_level/

My grama recently passed and she left me one of her apartments. She bought it really cheap and was paying very low property tax. With the new laws coming into affect I’m left with a property not making enough money to make me any profit after property tax since the value went up and my grama didn’t set an llc and even if it is in a trust the law still comes into affect. Any alternative you guys recommend besides me selling ? Would be of great help :). submitted by /u/lilyrobbinsem_ [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1aiksbr/property_tax/

I'm not sure I'm allowed to post this here, but I'm new to navigating Reddit. So the story is I have until the end of February to vacate my current roommates apartment because they want to go no roommates after using me to pay most of the bills (got curious and found the paperwork on bill totals). Me and roommate A work the same job, but he has his wife for additional income and my dad I take care of is disabled and unable to work and the state fights him on disability because he is "of working age". Problem is they've bled me dry on bills so they could save their own money and stuck to the end of February (the lease will be up) on me needing to be out and I have no rental history and bad credit and only make 650/week which isn't bad but not great by any means Starting from scratch to find a spot. In need of advice. Tldr; roommates bled me dry using me to pay most of the bills and now I need to find a way to find a rental in a very low price range with n

@Everyone, I have a question regarding south-facing homes and I'm hoping to get some insights from the community. As a Chinese individual, I've noticed that many Indians seem to have a preference against south-facing homes. One of my Indian friends mentioned a reason for this, but I would like to gather more opinions on the matter. So, my question is: Are there any myths or beliefs surrounding south-facing homes? And what are the perceived pros and cons of living in a south-facing home? I'm genuinely curious to learn about the cultural perspectives and personal experiences related to this topic. Your input would be greatly appreciated! Thank you in advance for your time and responses. submitted by /u/OrganizationLeft3799 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1aihjkn/are_there_any_myths_about_southfacing_homes_pros/

Not sure if this is standard or not. I started the pre-approval process with 2 local lenders. I have a pre-approval with one, so this all might be a moot point, but I'm trying to weigh whether or not I should proceed with the other. I'm a contract employee, so I've worked at 5 companies (all in the same industry) over the past 2 years. When I submitted all of my documents to both lenders on Jan 25th, I also included a letter listing all of my employers over the past 5 years, and I explained how my work operates and that I’ve solely worked in this field since 2017. One lender pre-approved me. The other wants to conduct VOEs all of my employers over the past 2 years. They told me this 1 week after I submitted my pre-approval application and documents. I provided company email addresses for all still-active companies, and company phone numbers for all but 1 company. One company is remote — so there is no company phone number to give them, but I provided my boss’ email addr

I know Proposition 8 allows for a temporary reduction in property tax if there's a decline-in-value assessment. But I've never seen this much of a reduction over such a long time span... https://www.redfin.com/CA/Los-Angeles/156-S-Martel-Ave-90036/home/7094191 submitted by /u/Call4Compassion [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1ahqe3b/any_idea_how_this_los_angeles_propertys_taxes_are/

I am in the process of planning a new home build. I live in a paid off home. The bank says that I says that I need to put roughly 20% down to start the build process. They suggest that I take out a home equity loan to do it. At the same time pay interest on the construction loan while the home is built. When you run the numbers on $600k build...paying interest on both can get to be exorbitant. Is there another way? submitted by /u/aculpnkc [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1ahq9p4/how_can_i_stay_in_my_paid_off_home_while_i_build/

When a real estate agent at a large company says “we’ll market this apartment” - what exacty are we talking about and how many people would they be able to reach? If it was emails - how big are their email lists? Talking about the larger ones with multi city presence + some global This is a large submitted by /u/Normal-Yesterday-786 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1ah0k54/how_far_wide_do_re_agents_market_homes/

submitted by /u/Lanky-Particular-364 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1agyqiw/maben_nidhi_ltd/

Hello all! I posted a similar post on the legal sub, but didn’t get any input, and wanted to try here to see what people may think about this situation. I had previously posted about a house we were under contract on, we wound up closing on it yesterday. The sellers agreed to radon mitigation, sewer maintenance and rescoping which showed a sewer in very good health, as well as furnace servicing. We also walked away with a fully paid for home warranty. This issue has to do with our final walkthrough. The sellers were present for our final walkthrough, as they were present for our entire inspection, as well as our initial viewing. Our agent told us this was wildly out of the norm, and that sellers are typically not present for these things, especially not without their agent present. Toward the end of the final walkthrough we noticed the sellers had set up a cell phone on a counter to audio record us while we were doing the walkthrough. We are now suspicious that the reason they wer