I bought a house for my daughter and son in law 14 years ago. Long story, but for me it was the only thing to do at the time. I had to buy it as a second home. Because I live in another state, I really did use the home when I visited. I paid the home off. Later on I just wanted to get off the deed and met with a real estate lawyer and had the deed transferred to my daughter and son in law. The lawyer never mentioned if this move would incur taxes to be paid on either end. I’m just stupid about these things. Now they want to use the equity in the house and move to a safer neighborhood. I’m going to see a real estate lawyer again most likely, but just needed a heads up. Thanks. submitted by /u/CloBear2021 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1bsaa02/tax_question/

Hello all I was wondering what the consensus was. My s/o and I found this amazing apartment in the neighborhood we’d like to live in. Great price. Only issue we are only recently noticing is there’s a plot of land with a sign for construction of a 5 story building. The apartment will be right next to it. No timeline on construction but it seems as if it’s inevitable. Is this a deal breaker or should we just try do deal with a somewhat “temporary” situation? submitted by /u/Background-Ant-4177 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1bs9ku8/construction_near_potential_apartment_purchase/

Not sure if this is the right forum, but figure I would post it here and see what happens. My dad is in his late 70s, has been retired for about 20 years now. I have 3 sisters, 2 older, 1 younger. We’re all in ours 30s/40s. One of my sisters lives in the other side of the country. She has a job that pays fantastic. My other 2 sisters live locally, just down the road. 1 sister has a preteen child and her own business. Her business is office hours. 1 is working for the government, which is good enough money. It's shift work. I live with my dad, I work a 9-5 job, Monday to Friday. However, once I factor in commute times, I basically have a couple of hours of rest time after finishing work, then I go to bed. For about 5 years, I was living in the other side of the country too, running my own business. That closed due to Covid, so I started working a minimum wage job until I could find something better in that area. I couldn't find a better job in that area, so I moved bac...

Trying to figure this out. They have to follow guidelines placed by a lender, so we should assume (trigger for a REAL auditor or compliance specialist) that they actually have enough critical thinking skills to UNDERSTAND the guidelines. Of course, when it's written in a professional language that requires thought, an interpreter is helpful. We know they absolutely, under no circumstances, are not allowed to do ANY math calculations. I mean, if the YTD increases by the same amount bi-weekly, where is that calculation located? They can't be expected to justify the amount on a pay stub without a cited formula and long form calculation provided by the borrower, can they? What about required documents that need "clarification". What clarity can a borrower provide if you have ZERO communication with human beings outside of the cave you live in? Required documents are merely a suggestion because a borrower will have to resubmit them multiple times before an underwriter wil...

Hello guys , I just want to ask what are your thoughts about buying a house in a squatter area without titles only rights. what are the risks and is it worth it for 100k pesos? I live in phililippines btw. 22 yrs old and has enough savings to spend 100k. submitted by /u/Educational-Share630 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1bran5a/planning_to_buy_a_house_without_a_title_only/

i saw a couple of good deals on the internet where you pay 60 millions and the annual profit is about 1.7 millions, you would get your money after 30 years and then own the property, i'm really new to real estate, and i would like to know more about it submitted by /u/Material_Vanilla_953 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1bqjg58/is_there_anyone_on_the_internet_who_shares_his/

Hi guys. I’m interested in Google ads specifically getting leads for sellers. Any real estate salespeople have any luck with this? What was your ppc? Thank you! submitted by /u/Emotional-Most-1232 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1bqite7/anyone_tried_running_google_ads_to_get_real/

I would like to invest in a real estate property in Austin or near by areas, probably around $400,000 with a 30 percent down payment. Which area do you recommend that could appreciate in the future and also provide rent of $2,600 to $2,800 per month? submitted by /u/Alternative_Quit9553 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1bpr6r5/investing_in_austin_or_near_by_austin_suburbs/

My father has gifted me his fathers inheritance, he wants me to have the money for my own benefit, but also so that if his wife divorces him she wont try to go after the money. the only condition is that I use the money to buy property. No stocks. I want to use the profit to help support me through grad school while I am not working. (Right now my income is 65k a year, but I may quit soon, so I need the property to pay for itself and its repairs at the very least) Hopefully in 5-10 years whenever my dad retires, I can sell and buy a nice condo in SoCal (where I live) for my dad to live out his old days in. For the property purchase, I was considering Vegas, since its close to los angeles, but I know that its a market that can fluctuate pretty wildly and drop heavily during crashes. I'm also considering colorado since its also landlord friedly and has low property taxes. I also have friends out in denver. I could do somewhere cheaper in california like bakersfield, but I'...

I am looking into ways to purchase home with low income. I am thinking of buying a multifamily unit and living in one or purchase a home and place a tiny home or two tiny homes in the backyard. I have no idea if either is possible. If I wanted a multifamily unit is my limit a duplex or triplex? If I get a tiny home or two for the backyard could I include all in one loan(2 tiny home and the main home)? What kind of zoning allows 2 tiny homes in the backyard? Would I be able to use income that I will receive from renting the tiny homes or other units to qualify for a loan? In Georgia submitted by /u/Plenty_Ad_7329 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1bpmoer/purchase_home_with_low_income/

I searched the posts, and as far as I can tell, for someone to pull it off the buyer needs the difference between what I the seller owe on the mortgage, and my asking price, I get that right? I have a rental at 3.375% to sell for $300k, but I only owe ~$70k. So for someone to take it over they need $230k down? submitted by /u/hortoristic [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1bovhdm/assumable_mtg/

My partner and I are trying to find our first home to purchase. We see and hear a lot of advice to find and buy a starter home now and "use that to upgrade to a bigger and better home in the future" but we don't understand how that works. We're hoping someone here can offer something like an ELI5. If we buy a starter home now, it'll most likely appreciate, but so would the more expensive homes to which we'd upgrade down the line. So how does the equity we would build in a starter home help us afford a more expensive home, moreso than say investing in the stock market? EDIT: Maybe I can clarify and add some assumptions we have to hopefully get them confirmed or broken? If our starter home appreciates at x%, wouldn't the more expensive homes also appreciate at x%? So, the price gap would actually grow between our starter home and our dream home so we're not sure how the equity in the starter home could actually help us land the dream home. We want...

Fix n Flip deal in Arizona 604 Adams St Winslow, AZ 86047 Single Family Built in 1956 1 bed 1 bath Livable Sq Footage : 667 sq ft Lot Sq Footage: 6,969 sq ft Complete rehab, looking more like a teardown 608 Adams St Winslow, Az 86047 Single family Complete rehab/ Teardown Lot Sq Footage: 10,705 sqft Asking Price: $61,500 2 Houses and Lots right next to each other, being sold together, includes homes and lots. 17,674 Total Sq Footage Seller was planning on tearing down both properties and building a 5-7 family unit since the area is in need of housing. Estimated monthly rent of 5-7 units is $6,000 - $8,000. Could be 2 new separate homes or 1 multi-family unit. ARV depends on what Investor does to the 2 lots/homes EMD of $500 Non-Refundable is required. All Cash Sold As-Is COE: April 10th Buyer and Seller each pay their respective Closing fees Walkthroughs and Inspections are allowed from now until April 2nd submitted by /u/Diligent-Comedian925 [link] [comments] ...

My family closed on a home in 2021 and we just now realized that one of the names on the home was completely different from what we filled out. We didn’t have any issues before when closing with our title company so this had to be an error they made after we left or sometime after closing. One of the names listed on the home is completely different and one name is not even there on the home. Went to the county judge to try to fix it they told us that we’d have to contact the title company or get a lawyer to fix it. The problem is the title company that did our closing, went out of business and I’m not exactly sure how to reach the owner. Kind of clueless on what to do now I’ve never had this kind of issue. Anyone know of anything relating to this or dealt with this kind of problem before? submitted by /u/BrilliantNo611 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1bo1c6d/title_company_put_wrong_name_on_home/

My grandparents bought a 2400sq ft house in the 1950s. The house is falling apart, but it sits in a very expensive neighborhood in Los Angeles. Both have since passed away and I am now trustee of the estate. I don't live in California, but I've spent the past year flying back and forth getting the house ready for estate sales (they collected a ton of valuables over the years that we've been working on selling and clearing out of the house). Because hundreds of people have visited the house during the estate sales, several agents have reached out to me claiming they have interested buyers. I'm suspicious of all of them and assume they just want to be my listing agent - HOWEVER... the house is in a highly desirable neighborhood. Over the past handful of years, multiple houses on that street in similar condition have sold in the 3-4 million range to investors, then torn down with some 5000+ sq ft monster built that is sold for 7-9 mil. It likely would be the same thing ...

My husband got a Facebook message from a friend of a friend who heard (correctly) that we will be selling our house soon. She is a real estate agent who says she has friends who want to buy our house. Although she is a stranger to us, she knew our exact address. She wants to represent us and be our listing agent. Made a point of offering to help us price the house based on comps. Am I wrong to feel like this is obviously a conflict of interest for her? submitted by /u/DabbleAndDream [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1bn8cf5/unethical_agent_or_am_i_just_cynical/

https://www.bizjournals.com/sacramento/news/2024/03/21/residential-real-estate-first-quarter.html What's your opinion on this submitted by /u/starrealestateca [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1bn7tir/residential_real_estate_seeing_strength_in_first/

Watch, Subscribe & Like https://youtu.be/2iSwWR5U6c8 submitted by /u/Abdullah0701 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1bmehva/succeed_as_a_part_time_real_estate_agent_ultimate/

I have lived in several states with varying processes. Where I currently am, attorneys are not part of real estate transactions. Agents communicate legalese which has become complex (and uncomfortable) as their interpretation seems to vary, it seems, based on their sales strategy. My house received an offer which has several contingencies, one of which is the return of their earnest money should the sale of their own house not go through up until the agreed closing date. Past history as both a buyer and seller, has reflected the buyer forgoing earnest money in such a case, but the legal and reasonable understanding that difficulty financing, or the inability of the buyer to sell their home, would ultimately void the contract entirely. Is the return of earnest money a standard contingency should, whatever reason, whatever date up until closing, their own home sale not go through? submitted by /u/Dirk__McGirk [link] [comments] source https://www.reddit.com/r/RealEstate/com...

To give a bit of background, I'm in the fortunate position to where I currently live in my family's home paying only about $300 a month. I work in IT making just a little over 6 figures and have saved close to 300k. Work remote, so no need to head to the city. Single with no significant other. The homes in my region (IL) are all easily above 400k, new construction being 500k+. Even with what I've saved monthly payments usually amount to $3000+. (3.2% property tax) I recently found a new construction ranch about 15 minutes away from my family's place, that after adding all options ended up being 462k. Love the house, right next to the train station if I ever want to go into the city. But it's in farmland Illinois in a town that hasn't expanded for over 20 years, has higher than normal property taxes, and is further away from the city. Adding icing on the debbie-downer cake, it's base price has increased nearly 100k since 2 years ago when the neighborhood ...

As an AI solutions provider, we're exploring ways to streamline operations and increase efficiency in the real estate industry through intelligent automation and AI agents. Your input will help us understand the areas where our solutions could provide the most value. submitted by /u/manavtrapasia [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1bkrzke/real_estate_pros_what_are_the_most_timeconsuming/

Chill out. The world ain't gonna end because of that NAR situation lol. I've been in a lot of industries and there's one thing that'll always be constant and that's Change. ​ Let's here things you're grateful for in the comments. I'll go first (: ​ My first clients officially closed escrow and moved into their new home. Feelsgoodman. submitted by /u/DrScreamLive [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1bkrzdj/heres_some_positivity_to_counter_all_of_the_chaos/

First time homebuyer in CT looking at a brand new townhome that I can pick a lot of the finishes vs a sfh that will most likely need updates for the same price. Seems like solid construction so I don’t think hearing neighbors would be an issue. I’m wondering if the appeal of brand new is pushing me towards the townhome when a sfh might be a better buy. submitted by /u/Pretty_Passenger9519 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1bk20zv/brand_new_townhome_vs_sfh/

I (single 28m) bought my townhouse at peak pricing in my area with a 2-1 buydown in mid-2023. I was making more money than I'd ever made in my life and felt that would continue. Mortgage is about double what I could rent the place out for, and will continue to increase over the next two years due to the buydown. I feel that I was too trusting of coworkers who urged me to hurry up and buy anything I could get instead of continuing to rent my small apartment, and told me to get roommates since I wasn't comfortable even at that time with the monthly payment, because buying houses is the way to financial success. Shortly after buying my income drastically decreased due to me being in sales, paid by commission, and my company making bad decisions. Now I have had no problem maintaining paying roommates since literally the same week I moved in to the place, and my expenses are still lower currently than when I was renting an apartment (although that won't be the case once this ...

First time poster here: Quick question for anyone that might know commercial development. There is a retail condo development I’m really interested in and numbers looked okay - not amazing, but in a good area I want to be in where retail condos are not typically available and where even a small building in the area would easily be millions. They are currently in pre-sale, and the developer is asking for 30% of the purchase price as earnest money upon signing the contract to lock in. This amount would be credited towards sale and downpayment. Looking at the end of next year to for delivery… This is located in the suburb of a major city in Texas. Somewhat well-known developer with large local presence so I’m not worried about my money entirely missing (or that is not the issue yet), just trying to see if anyone has come across this before… submitted by /u/Healthy-Entrance-391 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1bk08jm/developer_is_asking_fo...

In the competitive world of real estate, standing out and staying ahead of the competition is crucial. Whether you’re a seasoned realtor or a property owner looking to sell, unlocking the full potential of your premium property listings is the key to success. With the digital revolution, there has been an emergence of online property listings along with existing traditional methods. Premium property listing platforms revolutionise property exposure and lead generation. In this blog Maximizing Exposure, Generating Leads: Premium Property Listings Unleashed Table of Contents: Introduction The power of premium property listings Visual appeal and enhanced presentation Property management solutions: Streamlining operations Data-driven decision-making End-to-end solutions for trust and credibility Conclusion Introduction In the competitive world of real estate, standing out and staying ahead of the competition is crucial. Whether you’re a seasoned realtor or a property owner look...

Responding to criticism aimed at his eight-year-old daughter, Ruby McLellan, the father of Australia's youngest property investor, suggests much of the criticism stems from envy, as Ruby demonstrated a willingness to make sacrifices that some lack. Read the full story: https://www.ibtimes.co.uk/8-year-old-aussie-who-refused-buy-sweets-toys-bought-538k-house-instead-1723989 submitted by /u/vinaylovestotravel [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1bj9pnm/8yearold_aussie_who_refused_to_buy_sweets_or_toys/

We’re thinking of buying a lot from Seanderg Residences in Balabac, South of Palawan. Anyone here who acquired a property/ies from them? Thanks in advance! submitted by /u/Next_Foundation_2494 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1bj7pj5/seanderg_residences/

A couple of months ago, I obtained a permit to upgrade my electrical panel and carried out some light remodeling tasks, such as painting, changing floors, and landscaping with new grass. However, when I requested a final inspection for my electrical panel, the city unexpectedly issued a change order for my permit, requiring an inspection of the interior of my home. A few months earlier, the city had informed me about remodeling and construction activities being conducted without permits. The changes I made were not structural in nature and did not necessitate a permit. Consequently, the inspector closed this citation, recognizing that no major remodeling had taken place in my house. This notification initially arose due to a complaint filed by my neighbor. I find the prospect of an interior inspection of my home, as part of the electrical panel inspection, to be an invasion of privacy. Despite being considerate of my neighbor's concerns regarding noise during the work, all renov...

I received a Loan Pre-approval Letter for the CA Dream For All program, and I was looking for the information regarding when the rotary result will come out. Does anybody know when you will know if you've selected or not? Thanks! submitted by /u/snow_on_mountain [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1bidrfs/ca_dream_for_all_question/

Buying a home in the Florida panhandle and have a small handful I’ve kept my eye on in the area I’m looking to move. Two are new construction (‘23, ‘24) and two are resells (‘92, ‘98). All are approximately the same square footage (almost the same floor plan). What variables should I be considering when looking at purchasing new construction versus a resell from the 90s? I want to make sure I’ve covered all my bases before I put an offer in and I appreciate your thoughts so much! submitted by /u/Appropriate-Fly-6243 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1bhne0e/new_construction_or_resale/

So I am looking for a new home but I am confused should I rent or lease. Please give some suggestions to me. submitted by /u/Specialist_Ad92 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1bhlzdc/renting_or_leasing_which_is_best_option_in/

Looking for an Industrial & Medical Real Estate Agency in Melbourne? Look no further than CPN. Our team is here to help you find property. Click on CPN submitted by /u/Pitiful-Concern5822 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1bhjifg/industrial_medical_real_estate_agency_in/

My husband and I spoke with a realtor and a mortgage broker about selling our current townhome and buying a house. We have 3 kids (8 years and under). Hard pull was done on our credit and we were "Approved Eligible" in which we were told by the mortgage broker we have to sell our home for no less than X money and buy for no more than X money. Well my house receives an offer fairly quickly (4 days after going on the market) and we docusign papers on a Wednesday night at 8. Friday morning at 11 the mortgage broker tells me that we are only approved for X amount which is $50,000 under what we were told and we're expecting. Which gets us NOTHING. So he tells us our choices are buying for that amount or rent something out until credit is fixed. My credit is over a 700. I make more money than my husband. My husband's credit is 526. The broker tells me all these hypotheticals, if you pay this debt off, if you pay this collections off, etc. it'll bring his credit score u...

My partner and I are planning on moving, and potentially buying a house (our first home!) Due to some unexpected events in our lives, we’re hoping to move out of our current apartment (in California, USA) sooner rather than later. We have a bit under 6 months left on our lease, but we would like to break it because it would allow us to move a lot faster and in turn, handle those previously mentioned events a lot better as they require immediate adjustments to our daily lives. Here’s where I think I could potentially break my lease without penalty - our building has A LOT of issues: They don’t handle packages very well (we even had a whole “heist” of sorts from our package room a few months ago) We have a massive issue in the building with fire alarms. The fire alarms in the hallways/breezeways will go off for seemingly no reason at all. It’s gotten to the point where we cannot tell if we should even bother leaving our apartment to get to safety, because it’s always a false ala...

We remodeled our 1382 sq ft CA house and have tiled the entire floor with 12" tan (kind of mottled) ceramic tiles. I saw this in many homes in Mexico and really liked it. But now I'm thinking it may not be as appreciated by CA home buyers. Do you think this feature will make it easier or harder to sell our house? How do most people feel about having tiled floors throughout the whole house? submitted by /u/ladyinwaiting123 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1bgqctb/ceramic_tile_floors/

Hi, We, 44m/43f, are going to make an offer on a 800k house, but I’m second guessing if we should or if we can afford it. What do you think, is this stupid? Married, wife doesn’t work, 3 kids - 6/9/11 - homeschooled. Salary: 155k plus 35k bonus, healthcare and vehicle covered Past: Sold business to private equity company, took a reduced salary. That’s where the money below comes from. Savings: 525k Future lump sum: 1.25M minus taxes in a couple months, so like 800k. Current house: Worth about 525k, owe 300k Plan: We are going to buy before selling our current house. Our current house is way too packed, too busy, too crazy to list and sell. We are homeschoolers… 800k offer 300k down 500k mortgage Use the 175 equity from our current house and apply to the mortgage, leaving a 325k mortgage. What I’m afraid of is having a high interest rate on a 325k mortgage and after the dust settles, we will only have 1M to fall back on with a small 150k salary. Realistically I should onl...

Can I stop her? submitted by /u/FkingMagical [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1bg16dj/exwife_forced_me_to_put_the_house_up_for_sale_in/

Are homes owned by celebrities sold for a higher or lower price? I don't think the price doesn't change. I imagine it's either sold for a lower price due to privacy issues or for a higher price due to popularity. Which one is it? submitted by /u/AmigoDoHarvey [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1bfz6tc/homes_previously_owned_by_celebrities/

https://imgur.com/a/2pVgjzm submitted by /u/ResponsibleNobody595 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1bf95fg/just_purchased_a_rural_property_and_found_this/

We made an offer on a property in Bellingham Washington. The seller checked ‘no’ on the seller disclosure statement regarding issues with drainage, or if there was anything that would otherwise materially impact construction. We hired a company to do a feasibility study anyway. Our agent was very persuasive about doing this, smart lady. Welp, the city said soil conditions were limiting, (the seller later said the soil condition was in winter a 1’ water table), the lot only has a 1,799 sq ft impervious allotment, and there is no remediation possible to the stormwater problem to get a variance — according to the city. As the bad news rolled in we asked questions to the seller and turns out he knew this before — and provided additional detail. We declined to buy and asked the seller to pay for the feasibility since he didn’t disclose. No way we would have moved forward if we knew. He’s balking saying he did — maybe with a blank city template about stormwater issues and a 5000 allotme...

Would you sell your home given these details... Disclaimer; priviliged post. My husband and I own a home in a HCOL area and we have just signed an agreement with a realtor to sell our home. I'm afraid we might regret it if we sell it? Here are the details: - home purchased for $1,050,000 - my parents were going to build an ADU on the property (2 acres) so they put down $400k cash and my husband and I took on the mortgage payment on a $650k mortgage - this $400k was NOT a gift to us. - my parents backed out and so we owe them $410k (they made improvements to the land prior to backing out). - we have paid them back $276k cash so far so we have a balance of $134k remaining owed to them - our mortgage rate is 2.87% We have made significant improvements to both the land and house and are going to list the house at $2M IF the house sells for $2M and after our % that the realtor(s) receive, minus the $134k and paying off the remainder of our mortgage we have the potential to come ou...

Is this including apartments? Also, can you interpret this definition into Laymans terms? (c) Retraction reinstates a repudiating party's rights under a lease contract with due excuse and allowance to the aggrieved party for any delay occasioned by the repudiation. (3976) https://www.easylawlookup.com/California-Law/Commercial-Code/par-3963/_easylookup.blp?GO=Prepare&site=easy&print=&data=commercial&p_start=131&p_end=132&p_para=3963&p_epara=3994&par=3963&displayer=YES submitted by /u/DivineLove777777 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1befdpa/help_me_interpret_commercial_code_10403_section_c/

We are in contract on a house. We have caught the sellers lying multiple times and being generally shady acting in bad faith. Well we looked up the listing agent’s license and apparently it was suspended when we opened escrow. It has since been reinstated. Does this make our contract void? We may be getting in to a lawsuit on this for other reasons just looking to learn what this means for our contract. submitted by /u/whalehunter619 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1bees8u/listing_agent_license_suspended/

My father works in real estate, and I had an interest in it. I asked my father if he could teach me the basics of real estate and how it works. He told me that I'm too dumb for it and that I should do something easier. Is real estate really that hard? Also, he told me it's risky too. I wanted to know your opinion submitted by /u/ani177013 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1bdlay8/is_real_estate_really_that_hard/

This may be long so forgive me but I’m in a heartbreaking situation and feel like I might be being taken advantage of. ANY sound advice will be greatly appreciated… About 2+ years ago, my husband of 13 years had an affair and literally never came home from work one day and left me with only my small monthly disability income, a house payment, and my 75 yr old ill father to care for all alone. My income wasn’t even enough to pay my monthly rent let alone anything else. But the courts helped me out and order him to help me financially for 1 year thank God. Some time after all of that, I met my current boyfriend and after we had been dating a few short months (3 months), my father passed away leaving me with a decent inheritance. Fast forward a few more months later, my bf and I decide to live together so he moves into my house with me. A few more months later, we decide to buy a house together. We talk about a cohab agreement and he even draws one up himself but we never sign it or bri...

I’m 21 this april. I have about 27k in cash. This can’t buy me anything in California where I live. But I saw that some states have very low house costs, like 50k for a decent house. I can definitely afford that, and can get started on renting out to people. But the only thing is, I think my parents would not be supportive. Especially since I recently quit my full time desk job because it was bad for my mental health, and decided to work part time jobs. They will probably say that I’m being impulsive or not seeing things right. Any advice on how to be more sure of myself and not feel discouraged by their reactions/lack of support? submitted by /u/IdeaAdventurous497 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1bcrmg3/want_to_move_out_of_california_but_afraid_of/

We’re looking to build in Northern Virginia, about 45 minutes from DC. We’re pre-approved for more, but hoping to qualify for a downpayer’s assistance program, which will cap our new build at $448K. The land we’re looking at is $140K, but it’s been on the market for awhile, so we’re hoping to talk it down some. Can you realistically clear 1 acre of land and build a 3 bedroom plus study/4th bedroom modular home for $310K-$320K in this area? submitted by /u/Peachy_keen25 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1bcqmir/can_you_build_a_34_bedroom_modular_home_for/

I’m in my 30s grew up in SoCal. As we all know housing prices here are crazy now. Even with my 150k salary a year, it has not been enough for me to qualify for anything in OC/LA, and my credit score is barely 700. I’ve been paying off medical, student loans, and CX debt these past years and could not jump on buying a house during Covid. My Moms brother has a stable blue collar job, and is very good with his money. he and his wife have well over 100k+ saved up, 800+ credit score, and vehicles paid off cash, the only problem is that they are undocumented. I don’t think he will be able to become a citizen until his oldest child is 18, but his wife will be receiving her green card soon. I say this because, they would like to purchase a home/duplex with me, so that we stop throwing our money away in rent, and build equity. I don’t have enough money saved up for a down payment on my own, he hasn’t purchased a home because of his legal status. I believe it would hurt my young cousins c...

Hello. I live in Michigan and purchasing a new construction house in Macomb County. The closing date of my new home is on Mar28th and i received 3 different loan estimates so far and each stating different numbers for my property taxes in prepaid. It shows 3months.. 5months.. and 6months.. How many months of property and County taxes will I be paying during my closing. Will I be paying only upto the Fiscal year (which is July 1st) or will I be paying the full year? Could anyone help me out please! submitted by /u/Big_Car3249 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1bbxqov/property_tax_prepaid_during_closing/

submitted by /u/Someboxguy [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1bbwyju/usa_4_unit_by_the_beach_managed_by_a_property/

Okay, soooo. We have about 70k coming in any day lump sum, and then my work, but net on taxes is super low, I write off so much every year because I am self employed. I don't get a refund per se, since most of my work is service related. Husband gets 22k w ssdi, (refuses to go through the process w va for disability so ugh), and he is not taxed on ssdi. Now, we are selling our house, and looking to buy another w a loan, but the lender is hating I am self employed. I've been self employed for YEARS. And am rebuilding after that covi shutdown which heavily impacted my business so my income went down by about 35%. But, how do you qualify if they are sketchy bc of self employment? It's kind of feeling like discrimination, I make okay money, it's inching back up, in a year or two, should be back to the 130k mark, hopefully will also go higher, but bc I'm self employed and write off expenses it's like SE, is a dirty word for loans? Why? Ove worked for myself for ...

I'm moving to Orlando with my girlfriend, and we project to be making 80k collectively after taxes. We want to save up for a down payment on a single family home ASAP, and we're brainstorming ideas to facilitate this. With that said, I think financing a mobile home will benefit us. I know of a specific mobile home park that is resident-owned; you pay an HOA instead of a land-lease. This would make financing easier to accomplish. Most notably, the HOA is $256, which is rare. As for the numbers: Mobile homes that fulfill our square footage needs run about 70-90k. With the HOA, our monthly bill could be from $750-950 for our housing. To get a similar square footage at an apartment complex that doesn't have roaches would run about $1450 monthly. We're talking a minimum of $500 monthly savings, probably offset by some amount of housing repairs that would need to be made (I'd assume $200-ish monthly). Additionally, there would be some equity that we could recoup, altho...

Anyone successfully aquired real estate brokers license using Education in leu of the 2 years sales experience? Considering returning to school with a concentration in real estate for this exact purpose. submitted by /u/No_Area3619 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1babh9h/california_broker_exam/

Is anyone here looking for a graphic designer for their listings? Let's connect! Check out samples here: https://drive.google.com/drive/folders/1zDDf9R6wROotNLsyKTRaUWNauoRJdPHA?usp=drive\_link submitted by /u/gigimrd [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1b9k6di/listing_graphic_designer/

Hey everybody. I'm toying around with the idea of building a small house for myself. (Renting currently.) I have been sketching ideas on graph paper---using the square boxes as a way to get a realistic idea of scale---but it occurred to me that maybe there is an online tool for doing this kind of thing? Seeing what rooms go where; where to put a door; what a porch might look like; all that stuff. I'm not an architect, obviously, so I'm not looking for something sophisticated in the sense of structural integrity or load-bearing walls or anything like that. I just want something that I can use to spec out different house designs that will look better than my hand-drawn scrawl. Is there such a thing? submitted by /u/thegeorgianwelshman [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1b9jkq9/nm_what_is_the_best_online_site_for_playing/

Too keep the story to a minimum for now, I am curious what a typical offer would be on a foreclosed home that has been on the market for nearly a year? It needs some floors put in, drywall, and just a general remodel work thats going to need to be done. I'm not too sure what has kept it on the market for so long. The bubble has showing it going from a average 110k in 2019 and the new asking of 159k. Is 110k in a reasonable offer? Obviously my goal is to get as low as possible so I can turn and put any spare into the remodeling. If it's marked at 159 how would you come in offer wise? submitted by /u/banssssdance [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1b9iff2/how_to_place_an_decent_offer/

This may be the wrong place to ask but seemed like a good start. I'm living in south Georgia and curious about taking my real-estate license test. I've found several places offering the classes and test but I want to avoid potential scams or "bad" classes. Any help is appreciated submitted by /u/Slow-Ambition1574 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1b8tmuo/realestate_license_question/

I have been bingeing these shows. They are fascinating to me. The people, the hustle, the glamour, the huge money potential. I had no ideal realty was like this in certain regions. What do you think of them? How do they reflect the realtor industry? Positive or negative light? Does it hold a mirror to the industry and reveal certain things? They focus on high end listings on these shows. What do the shows not reveal about high end sellers and buyers, and how they select a realtor? submitted by /u/Efficient_Effect2401 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1b8t7l3/selling_sunset_oc_tampa_and_other_realtor_tv_shows/

My friend is a notary in a ‘attorney state’ and notarized a closing document for property in PA without an attorney. He mistakenly thought you could notarize real estate documents as long as the property isn’t in an ‘attorney state.’ I told him that this is criminal, could go to jail and be held liable. It was executed at the end of January so it’s probably too late to go back and tear it up. Should he turn himself in to face charges? submitted by /u/princess_peach90 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1b8r7o1/unauthorized_practice_of_law/

so long story short bought a triplex 2019 to find out the thing had a lot of violations, fixed all of them except the last one witch is covert in to office and the reason is because i ran out of money and now the city of los angeles is collecting the rents so i can’t pay the mortgage and i’m 2 months behind and soon going to foreclosure because i don’t know what to do? is there a way out of this ? submitted by /u/Pretty_Nature_4473 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1b8q3mj/help_my_triplex_is_under_reef_and_dont_know_what/

Docyou regret going FHA over conventional? submitted by /u/Striking-Math9896 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1b7x9kq/who_has_an_fha_loan/

I’m planning to sell my land when there is global monetary expansion again. I plan to list a year after Fed starts QE. This country lags behind US usually about a year in terms of central bank policies so I plan to sell when demand and sales prices start decreasing in the US. I didn’t sell last year at top because I wanted to wait for more development in my areas. This is really important to me so I’d appreciate your input submitted by /u/Spare_Economy3889 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1b7uyys/are_there_any_immovable_property_owners_here_who/

I recently recieved an offer from a friend that is 3 months behind on her morgage payments to transfer the home over to me since she can no longer keep up with her monthly balance. The value of the house that she bought it at is around $320,000 and located in a nice area with no HOA. The current market value of the house according to zillow is $380,000-$460,000. The current balance that she owes for the morgage is $275,000 but she is also asking for a $40,000. I have went to go look at the house and it is pretty well taken care of, the paint has just been redone, the only thing needing work is replacing most of the carpet and an AC unit is down so the projected rennovation cost should be no more than $15,000. Not sure how the process works since this will be my first home purchase (not sure if it's even possible) but an appointment is set to speak to her lender to see if that balance can transfer over to me so I can take ownership of the house. I have $20,000 cash and my parents a...

By "get a house/ land" I mean permanently own; not rent long-term. Renting has been a huge burden for me these last few years with ever-increasing rent and no cap on how much or when landlords and property owners are allowed to raise the rent. I'm trying to get away from this by finding a way to own my own home and/ or land. What are some creative ways to get a house, a piece of land that can be developed for living, or maybe even both for cheap or even free? Is simply looking for foreclosures really as much of a viable option as people make it out to be? To be clear, I'm talking about a permanent residence that I could live in. Although if there's some kind of loophole where I could get a business license/ loan and get a property that I also live in I guess that could work too, though my priority is finding my own place to live. If you have suggestions for something outside the US, it would have to something that someone could reasonably use as an option for ...

I grew up in low income housing and it sucked. For every hardworking person like my parents there were 10 criminals or assholes. Reddit seems to think that everyone who would be in new low income housing would be the nicest person on earth. It honestly seems like some naive utopian thinking. Why are people like this? You can't really believe it. Look at almost every example of urban low income housing. submitted by /u/Fast_Arm6781 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1b67ruk/why_do_people_have_such_rose_colored_glasses/