Long story short, I'm under contract to purchase a home in Illinois (moving from out of state) and I feel like I'm being taken for a ride by my own agent as well as the sellers. I posted here previously but got worried the details would be recognized by someone, so I deleted the post--sorry. Now I'm so mad and done with this house that I no longer care, and will leave this up :) Here's a list of all the things that have happened: - Agent told me we can't get a land survey until after closing (even though there is a lot size discrepancy and it could mean losing about half an acre). - Agent didn't advise me to get a separate septic, well, and pest inspection. I had to insist we got them done, and then MAJOR issues turned up... Active termite infestation (that the sellers claim zero knowledge of), eaten up joists and subfloor, septic tank that "isn't suitable for any modern home and couldn't handle a bachelor living there alone" according to my ...

Seller here. Currently in escrow for a vacant lot. 1) After going into escrow- the listing agent updated the listing to “contingent show”. What does that mean? 2) On the estimated closing costs, its lists that I have to pay a $250 transaction coordinator fee. I thought the listing agent pays for this. Should this have been mentioned on the listing agreement that I signed? Or can the agent just add this on without consulting me first? 3)On the listing agreement, it states a specific amount that will go to the buyer’s agent commission. Come to find out, the listing agent will pay less to the buyer’s agent other than the amount stated on the contract that I signed. Is that legal? submitted by /u/Dezze82 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1drvtk2/questions/

I have a full-time IT job that I love. I'm considering becoming a part-time real estate agent to help out friends and family. If necessary, I am willing to work weekends but limited hours on weekdays for the broker. Note: I am not expecting payment from friends and family. I have some friends and family who don't speak much English and no agent in our area speaks that language. Family and friends would prefer someone who can help as much as they can over a highly experienced Agent who speaks English that they don't understand. submitted by /u/Kingpin-007 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1druy4r/is_it_possible_to_become_a_real_estate_agent_just/

Texas Real Estate Broker aiming to help and spark conversation and answer questions honestly. submitted by /u/DMarq23 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1dr590v/fresh_look_into_real_estate/

We are buying and selling in NY. I got a call on Monday morning that we had the clear to close. Our rate was expiring on the wednesday. My attourney informs me that our buyers need to close by the end of the week because they're lease is up and that we will have to pay to keep our interest rate, I wasn't aware of this. I told them we can close by Friday. They have to coordinate with both the seller of the house were purchasing and our buyers. The sellers attourney doesn't get back to mine until Tuesday at 11pm saying Friday will work but they don't have there items out of the house and they'd either need 2 weeks or would need to be able to use the sheds on the property. Our buyers bank also ends up saying they need more time and want to extend for 2 weeks out. I agree depending on the fee we'll have to pay. Today (Friday) my attorney calls me and says our seller will actually need a month to get there items and would like to rent the shed for 100$ a month. We t...

Hey guys, need some advice. I leased my property with an agent, couple of months later I decided to sell it with same agent. Agent advised me to vacate the property so it can be ready for viewing and selling, I agreed. ESA expired and 30 days grace period expired too and property didn't sell. I told agent to put it back on lease. He said he will be he didn't and kept doing open houses. 5 months later agent left his firm and principal partner called me and said he is putting it back on rent. Property is onleaee for 4 months now and another estate agency approached me and I foolishly signed ESA with them without much consideration. I told my agent I have signed ESA with another agent and it would be better if you transfer lease authority to them so they can co-ordinate with tenants directly. I also told him to remove all the listings. He said he has got a buyer and offer is coming same evening. It didn't. The new estate agency is constantly trying to get authority transferre...

I had a small sum of money that I lost in the recent Yotta collapse/fiasco. This just got me wondering and is making me very nervous about the down payment I have sitting in my FDIC insured bank. What happens if the bank suddenly collapses and I can’t access my money to close on the house in time? What would I be liable for specially since it was out of my control? submitted by /u/bubu_law [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1dqd98r/what_happens_if_you_lose_your_down_payment_before/

Thinking about getting my real estate license to do part time as an agent, but I’ll be moving to another state in the next year or two; is it worth it to get now or wait until after I move? Currently in northern Virginia and likely moving to Texas, Colorado, or California. submitted by /u/bobeddy2014 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1dpncvt/get_licensed_short_term/

Long story short • me and my spouse are divorcing • We borrowed money from their grandparents to buy a fixer upper 4 years ago with the intent to pay it back after 2 years • We owe them $80k • We decided to sell even though the house isn't finished We might get enough to break even • I really want to keep the house and finish it(needs a lot of work) but no funds to do so • I have a friend that wants to own property • I had the idea that we sell it to them as is for $150k( they would have to get a loan) even though it's not worth it yet • I would pay the loan payment for them • I then take the money and pay the grandparents back and gives $5k to the ex (it's better than nothing) • Take the leftover $65k and put it into the house • The houses vaule increases and we could potentially sell for $200k if not more later on down the road Does this seem like a good idea? What kind of hurdles might we run into if we go through with this plan? If anyone has advice or needs more inf...

Hi all, I am in a situation where a purchase agreement has completed, and escrow payments completed. The listing and king county records show a lot size of 6000 sq ft, but when I received the title after escrow payment, title shows 4000 sq ft. Visual inspection via google maps and my recollection of my visit indicates the reality is closer to 4000 sq ft as the next unit is the exact same size, which shows 4000 sq ft on king county records. My appraisal is scheduled tomorrow, and I have raised this with my broker/lender partners. My purchase agreement only has the appraisal and finance contingencies. Have 2 questions here: 1/ Do appraisers validate actual lot size or trust county records? 2/ If the appraiser result comes out as a green signal for the purchase price, is there anything else that legally allows me to back out without losing escrow? First time home buyer, nervous about what I’m getting into. Any help is appreciated. submitted by /u/shila1608 [link] [comments...

We are planning to sell our house in the near future. We previously had some fire damage and the mainfloor interior was fully renovated. We added another 40-45k got extra things done like high end appliances, granite counters, lvp flooring, new carpet and paint downstairs, fireplace and built ins, under the cabinet lighting, etc. The house looks ultra modern and new and we have had no issues living here so far. We also had new roof last year due to hail damage and we are getting new landscaping along with new garage door. I would like to know what to expect and what other things that needs to be done, so the home sale proceeds smoothly and the new buyers can also have happy, peaceful life in the house without any issues related to the house. Thanks in advance for all the responses and advice. submitted by /u/SiriVrn [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1dovfld/selling_a_15_year_old_house_that_previously_had/

I am moving to Ireland from a 3rd country and own US Raleigh real estate, which was so so difficult to acquire during covid. My options are: keep the US house as a rental and pay rent in Ireland. Sell the US house and buy a house in Ireland to live in. I know a much more detailed analysis is needed, but what would be your gut reaction to the options? submitted by /u/BeginningPen [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1dotnv8/where_would_you_rather_invest_real_estate_usa_or/

Hi everyone, I am the only child of my father, who was a dual citizen of the U.S. and the Philippines. Before my father passed away, he assured me that he had taken care of my future and named me as his beneficiary. My father passed away in the Philippines, and soon after his death, my uncle was insistent about obtaining his death certificate, not giving me any informations on where he will use it. Suspicious of his intentions, I avoided giving it to him. Months later, I reported my father's death to the U.S. authorities, and they mailed the death certificate to my address. However, I discovered that my mail, including the death certificate, was stolen by my uncle without my knowledge or permission. Shockingly, I later found out that my uncle sold my father's property in the U.S. without informing me. When I confronted my uncle, he claimed to be the executor of my father's will and asserted that I was not mentioned in it. I saw the will, it was made before I was born. M...

I have questions about villas. Now and again, I'll take a nosey online at villas in the south of Spain, Portugal, France, and the like, and often these gorgeous villas are almost suspiciously cheap. I remember a few years ago in a local shopping mall there was a pop-up stand at the back for a few weeks, advertising beautiful villas in the aforementioned places, and these incredible-looking homes were anything from €65,000 to €85,000. I've often wondered why these sexy homes in beautiful surroundings were so cheap. I mean, compared to what you get for 100k here, the 80k villa looks way more appealing. The main question I have around this is - let's say there was a €65,000 villa available to buy in one of these places, and you bought it, could you literally just move there and live in it? To some, this might sound like a stupid question because you've bought the place and should theoretically be able to do as you please with it, but I can't help thinking that t...

Hello redditors. i need a bit of advice. i want to invest in real estate in the las Vegas region. would half a million be ideal ? submitted by /u/theevisionary01 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1dnzk8u/budget/

So we are about a week out from closing on our home. We have been out in the house a few days this week and the ac is not cooling the house properly. I would like to have it looked at before closing. Am I in my rights to do so? submitted by /u/smokeybones12 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1dmzeoz/potential_ac_issue_week_before_closing/

submitted by /u/HonnyBrown [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1dn7p8f/how_much_do_you_put_up_for_earnest_money_i_know/

Sorry if this is a redundant/silly question - I’m young and not sure where to start. My dad is deceased and both my brother and I live on our own, so my mom was the only one living in my childhood home w extremely low property tax. She recently passed away so my older brother was hoping to buy her house and inherit the low property tax. He would live in this house as his primary residence. However, he told me today that he wouldn’t be able to inherit the low property tax anymore bc of prop 19. Does this sound correct? My brother was devastated because now he can’t afford our childhood home so I just want to confirm. Thanks all. We live in CA. submitted by /u/ribbitribbitredditor [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1dmgt0i/california_prop_1319/

I want to buy >10 acres anywhere in the lower half of midwest & south USA to build a tiny home & start a vegetable garden, maybe homesteading. Ideally, within a 30 minute commute to area hospitals-I am RN, & starting life on my own & MY WAY :0) for the very first time. I am open to moving to any town, any state- especially if it's a hidden gem. I'm female-a girlie-girl-, low key, love fishing, hiking, cooking outdoors, so I would especially love property that butts up to a lake, creek, babbling brook, farms or state/national parks. Anyone have any leads or links? Thanks! submitted by /u/UnsettledWanderer89 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1dmf3t8/townscities_near_hospitals_across_us_to_buy_10/

Just a fun little story from when we sold our house. We had a realtor no show for a showing, which was quite annoying since we had to vacate the house with a toddler, dog, and cat. Apparently the agent thought the house was vacant and she could just go whenever?? So five hours later she asks if she can come, we don’t need to leave as the buyers aren’t with her. Sure, whatever. Apparently the buyers had seen the house from the outside (???) and she was doing a video tour to show them the inside. I’m in FL and they’re in Cape Cod. We did have a couple show up and knock on our door so I asked the agent if it was them…. She didn’t even know!! I was shocked. But anyways, she does the video. She loved our little house. Great. I was stunned at how unprofessional she was. Reeked of cigarette smoke and just her entire presentation, but I guess she wasn’t meeting with her clients that might be why. Buyers put in an offer at list price. We’re thrilled. Inspection happens, a few things come up...

Hi, looking for some perspectives on reasonable course of action in this situation. Have an offer in on a home in Southeastern PA. Like most areas, houses do not stay on the market long here these days. This house was on the market for 2-3 months in the winter, no bites. According to seller agent, feedback was that “crazy interior paint” was a turn off….they repainted, put it back on market in early summer. It sat for 3 weeks until we looked at it. Our agent felt it was a bit overpriced…cute house but was priced on par with newly renovated homes in the area (this had an addition put on 20 years ago so that part of house is nicer, but not brand new- and otherwise very old bathrooms, dingy carpet, and no garage whereas comps have 1-2 car garages. We are fine with all of this and will put a little work in. Listed at 725k, we landed at 700k w/ 12k seller credit. We said we will not nickel and dime for inspection items- just reserving the clause for anything major. Home inspection has a bu...

I just purchased a home new construction home in Southern California. Went through the walkthrough a week ago and power was working. Closed on the home today and when I got the keys, I went into the home for the first time since the walkthrough and the power is not working. The construction manager mentioned he had talked to someone from the electric company and that it should be on within 1-2 hrs. I gave them 3 hrs and still nothing. I called the construction manager and texted trying to get updates and finally he said it probably won't get fixed until Monday. I had scheduled internet to be installed and an electrician to come out and install a car charger and security equipment the next day. I work from home and wanted internet installed by the following work week. Out of the entire community it's literally just my home that is having this issue. I had also made several arrangements with friends and family also to come help me move and now all those plans are pretty much in...

I am planning to buy a 4500 square foot (500 square yards/gaj) plot of land and build a house on it. I have never purchased land and built anything before. I need guidance on what to think about before doing all of this, what to watch out for, what to avoid, etc. submitted by /u/No-Day1704 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1dkz27u/house_building_guide/

I am currently buying my first house. I love most things about it (I loved it all until inspections). Great condo single-story, contemporary, and in an amazing location. List price was 699, after touring home, we placed an offer for 671 with contingencies for inspections. They came back at 685 and we got inspections done. In the home inspection, one thing they noted was that the HVAC was original with the house built about 37 years ago and mentioned that it is way overdue for a new one. There were other issues but nothing too major. It got worse when the other inspector came for pests/rodents/bugs and noted that there are subterranean termites all over the back deck fencing. They claimed that it would take a long time for the termites to enter the house walls and it wouldn't be that bad to treat. They also stated they do not know how long they have been there and to be sure of them not entering the walls, they would need to tear our the fencing to inspect the wood members connecti...

How many leads are you guys dealing it with a month? Are you guys able to find time to manage all of them and what platform do you normally handle it on? WhatsApp or just SMS? submitted by /u/Diligent_Response_30 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1dky1rb/how_many_leads_you_getting_a_month/

So my late grandmas estate is in foreclosure process. I'm still on the fence about trying to save it or just let it go to sale. House itself is in bad condition. Needs fully gutted and new everything basically. The mortgage s behind roughly $55k. Anyone know good places to find people interested in investing? I've tried talking to a bank for myself but my credit is bad and I don't make much more than minimum wage. submitted by /u/coldxvenom [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1dk7fm5/best_places_to_seek_investors/

I need a rental home or 2 n office space so we can house models n be professional yet have different venues to conduct work submitted by /u/NeighborhoodOld441 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1dk58cb/need_rent_home_n_a_officestudio/

All houses in this neighborhood have boundary walls that look exactly the same. The walls go around the sides and back (to separate the alley) of the properties. What is the name of this type of wall? I’m trying to find out who to contact (maybe HOA?) regarding these uniform walls, to ask about policies on changing or removing a boundary wall. submitted by /u/Shoddy_Moose_1867 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1dk51v2/name_of_type_of_wall_that_neighborhood_all_use/

We just had the sellers kill the deal during attorney review because they got nervous that they wouldn't find a new place in time (older couple, don't know if they want to buy or rent or what). We signed a contract that would allow an august closing and then a 60 day post close posession, giving them until October to find something. Apparently their attorney got in their ear about the post close posession and that it could create headaches for them if we try to kick them out, and they killed the deal. We tried to offer delaying the closing date, but they didn't like that either because more risk. They said they wanted to find a place first and would then re-list it. Obviously this is disappointing in this market as we were being extremely flexible and were offering them any terms they want. We were thinking of writing a separate contract that would allow them to have a longer post-close posession if they need to and leave it off of the main contract. We will do whatever th...

Hi everyone, I have an inactive real estate license and have been working in South Florida as a property appraiser. While I have extensive experience in appraisal, I have never worked in sales. I'm now considering activating my license and joining a brokerage. I'm looking for a brokerage that provides leads, as I believe this is crucial for me starting out. I'm open to sharing a larger portion of the commission in exchange for these leads and the support to get started. However, I prefer not to join a brokerage that charges for everything upfront. I am willing to pay for my MLS and share commission, but I don’t want to have other monthly expenses. Do you have any recommendations for brokerages in South Florida that might be a good fit? Any advice or insights from your experiences would be greatly appreciated! submitted by /u/Puzzleheaded-Work-67 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1dje20k/se_fl_brokerage_recommendations/

Hello! My grandmother (naturalized US citizen that lives abroad and has most of her money abroad) doesn't have any property here because she doesn't have enough to buy something outright, and wouldn't be eligible for a loan, offered to joint purchase an apartment with me (i don't mind living with her) with a total budget of 650k cash. Is this a bad idea? Additionally, my grandma is also on a list for 55+ housing that she would take once available at which point she would want to rent out the room, which I am also okay with. Is it a good time to buy in full cash like this, if rate cuts do happen is it likely that the price of homes would increase with the added buying power people will have? What would be some issues I would run into? What happens to closing costs etc. Thank you so much for your time and help! submitted by /u/suugami [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1djday6/grandmother_from_out_of_the_country_offering...

I was wondering if anyone knows about the Fannie mae unavailable list. I am selling my condo and the only info that I can get is that we(the building - 500+ units) are in violation of exposed rebar in the garage and that the fire doors aren’t class B compliant with self closing and frames/fire tags are missing. The garage repairs are almost complete and the fire doors are in process of being completed. I’m not even sure if this is what we are in violation of. Does this really make the property rated C5/6 since these are issues at hundreds of buildings across my city. Does anyone have any info on what we can do? Thanks! submitted by /u/Comfortable-Low211 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1dij8d7/fannie_mae_unavailable/

So I've struggled to manage my leads when canvassing so I wanted to have a software built that manages leads with a drag and drop function to "schedule valuation" where it automatically puts it in your calendar with reminders or "call me in 3 months" where it does the same cause we all know we forget and sales aren't made after the first communication. Is this something you'd find useful? or any other pain points you might have? submitted by /u/SavingsSet2591 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1dhtfax/real_estate_agents_i_need_a_hand_or_an_ear/

We found a great deal for a condo with an assignable VA loan at 2.23% which is unheard of. We have been under contract with it for over 3 months and have done everything we needed to. We are at underwriting now and should close within a week or two. The problem is the contract stipulates the deal has to close by June 20th. Assuming a VA loan takes forever so we needed the time. We did everting as fast as possible as far as providing documentation etc to the loan officer. So as of yesterday our realtor informed us the seller just now realized by us assuming his VA loan would mean he loses his benefits. He claims he did not know that and we are taking advantage of him not knowing and we are going to cost him tons of money if we don’t back out. He also refuses to sign an extension which is a big problem because I have a feeling we will need another few days past the 20th to close. It’s been over 3 full months and we need an extra 5 days and now he changed his mind and the deal might fal...

I have 16.1 acres of land zoned for agriculture only. It’s been in CRP for over 40 years, so untouched and considered organic. Should I consider working only with a “ land “ agent vs a typical “ house” agent? With the NRA ruling ..is it in July do I get to negotiate on the commission %? I absolutely will not do 6%. submitted by /u/Midwesterner- [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1dhrijd/farmland/

I’m in the process of selling my first home (in CA) that was converted to a rental and was trying to sell it before I hit the 5 year mark (which prob won’t happen now). Because we were rushing to put it onto market, we didn’t get a chance to fix the dry rot in the back. We got an inspection done which estimated the fix to be roughly 10k. That has been provided with seller disclosures. The inside of the house is renovated, as we fixed everything up when we lived there. It’s drawn a lot of attention, but seems when buyers, especially first time home buyers read about the dry rot, they deter away. This last week, we offered a credit to buyers who were in love with the inside and the neighborhood. Still waiting to hear back. My partner thinks it might be worth while, now that we won’t meet the 5 year mark to sell, for us to pull it off market, fix the dry rot, then relist in august, as opposed to just lowering the price til someone decides to buy. Our realtor provided their opinion a...

If u want come in Tanzania just check me l will provide a good house for rent luxurious rooms my number+255654405649 Instagram Genevatz real estate submitted by /u/Afraid-Economy253 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1dh293j/tanzania_real_estate/

Hey all, I received an offer on a house I built with a construction loan through seller-financing. The reason for this is the buyer is a foreign national and can't purchase property in my region until they get permanent residency. So the buyers offer that they will pay a 20% non-refundable deposit and interest only on the the remaining 80% and if they get their Permanent residency within 2 years they will pay the full 80% in cash. If not, they forfeit their deposit and I can put thr house back on the market. What do you guys think about this offer, it seems fair to me but I'm a bit wary. submitted by /u/ubcperson [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1dh25e9/sellerfinancing_to_a_foreignnational/

I am considering buying a 6th floor walk up in Manhattan. It's a great area, and the unit is totally redone. The only "downside" I'm grappling with is the 6th floor walk up (12 flights). If I want to rent/sell in the future, and I going to have a tough time, or is the market for people who don't mind walk ups healthy (given that, and popular neighborhood in Manhattan). submitted by /u/LFL0 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1dghir3/are_5th6th_floor_walk_ups_much_harder_to_sellrent/

I have a property in Turkey that I would like to sell and being quite an amateur at anything real estate I'm wondering if anyone knows how real estate agencies that sell properties in Turkey in GDP work? There are Turkish real estate companies that sell homes as well and I'm curious as to whether the reason for these companies is related to citizenship/property laws. There's a drop in house sales currently due to the economic/political situation and as summer's around the corner. Does anyone have any foresight on house sales in Turkey, the trends, what to look out for etc? The house is in a tourist summer location so it is one to be appealing to tourists/non-locals. Any advice/who to ask even if its not directly related would be greatly appreciated! Thank you! submitted by /u/Glum_Fix3742 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1dgf636/selling_property_in_turkey_information_on/

We went with an experienced agent for selling a home, and have a few offers so far. Up to this point we've been satisfied with her service. We were close to deciding to on an offer when we got an unexpected offer: it was from our agent and her daughter, and they were represented by another family member. Not having much experience in real estate, I'm not sure if this is common enough to be acceptable, but it has made me very worried about the whole thing. It's one thing for an agent to represent both buyer and seller, but it's another thing entirely for your own agent, the buyer, and the buyer's agent to be from the same family. Part of the service that an agent provides for the laity is a sense of protection in a high-stakes market, and we're now feeling like no one's on our side. This has us questioning the whole process. Our agent originally encouraged us to set a low price to attract buyers who would then bid up. Now their offer is better than others,...

Hello everybody! I live in Greece and just recently I inherited around 160k euros. Also, I am very lucky to have some land which I can build on an small island, at the Ionian Sea which has become very popular among tourists during the last decade. The island is also very popular in the sailing community. A lot of locals have already built plenty of houses, villas and apartments, which they rent out to tourists, on short term, for the months of May-October, and I was wondering if I doing the same would be a smart move or I would be better of buying an apartment or store and renting it out. I have already spoken with an architect and construction companies, and with my budget and the assistance of a European Union investment program I can build a 2 bedroom house, with a pool and sea view on one of the most popular areas of the island. When it comes to buying apartments and renting, I really have no idea what to look for, (I looked around at these stats, but cant get to understand a th...

submitted by /u/Slight_Ad_9609 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1dfmpit/amir_jahan_sydneys_agent_is_in_a_diff_level/

I've never seen this style of listing before, can anyone tell me what "circles of" means? I am not allowed to provide links or upload photos but there is a property in East Maitland, NSW that has that as the title. Is it another way of saying offers over? submitted by /u/Present-Chest-9682 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1devop6/circles_of_1000000/

I listed my property 2 months ago by taking a plan. I paid almost 7000 for a plan. I have received a single response for my property. They don't have enough measures to get responses. I received only 2-3 responses which were fake. They refused to confirm their name as well. It's very embarrassing for the reputation that 99acres has. Also, the customer service manager told me "We can't do anything it's your fault. You should have taken a more expensive plan.' submitted by /u/Dependent_Fix7717 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1det1n5/poor_99acres_service/

I am considering taking over my parents mortgage and since it’s my first time buying a house, I would like to know if I still have the options for government grants. submitted by /u/jossenka15 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1de2z9n/do_i_still_have_option_to_government_grants_for/

Just now, I found an old rental contract in New york. It's from June 2017 to April 2018. It says "tenant will receive 14 days credit for August 2017 rent bill" What does it mean? I, as the tenant, paid the rent month by month, and didn't get any so-called discount in August 2017? submitted by /u/lovebitcoin [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1de157f/what_does_it_mean_tenant_will_receive_14_days/

How much or what percentage should you offer over asking price to be competitive? I know every market is different but for example on a 350k home what would be a good starting point to come in with an offer? submitted by /u/Prestigious-Front-45 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1ddw0qf/offer_number/

Was in a form of a question pertaining to the fact that I can have guaranteed residual for x amount of years. 28 y/o degenerate who fortunately inherited over $200k. Need to capitalize and not put it all up my nose. Downside of said trailer park is that it was neglected for 40+ years so infrastructure is outdated. Still trailer parks will always be affordable, especially w/ times to come. submitted by /u/Da-Kine1time [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1de0llo/leaning_towards_becoming_a_16th_owner_of_a_38/

Offer A: 350k Offer B: 355k with a 5k credit Will I, the buyer, be paying about the same for each offer (6.8% interest rate) submitted by /u/hroaks [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1dd72ws/are_these_home_offers_the_same/

I bought my first house back in April. Being naive and just wanting to have something of my own, I overlooked a lot about the location. The house is on a busy main road with non stop traffic. I’d never lived anywhere noisy or busy before so I didn’t know the noise would have such an effect on me. It’s driven me absolutely insane. On top of adjusting to a new home, my dad who was my best friend died 3 weeks ago. It was extremely traumatic for me the way that he died. I found myself unable to function. I started a new job last week as well, which seems to be a good place to work and serves as a good distraction for me. But my main issue is going home to my house. I get extreme anxiety thinking about having to go back because there’s no peace and quiet in a time I need to grieve. I know it’s my fault for buying it. I called my old apartment complex and asked if I could rent with them again and the landlord was extremely sympathetic towards my situation and thinks I was a perfect tenant...

In my area the average house is 450k but I found quadplexes for 800k all over. Or investment property that I can build on for multiple people. I hear many people my age with jokes like “monogamy ? In this economy?” Or “we will be lifelong renters at this pace” I have immediate friends who would be willing. Are there real estate companies and developers that focus on multiple buyer clients so we can actually afford a mortgage? submitted by /u/JohnMayerCd [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1dcfi7s/real_estate_companies_focusing_multiple_buyers/

Title says it all. I'm having some serious regrets about who I chose to be my agent to sell my home. Here are some of the concerns I have: Pressured me into removing .5% of the buyers agent fee and giving it to them instead. I'm concerned about how the lower buyers agent commission fee could be impacting the sale of my home. Only paying the photographer to take 10 photos of my home for the listing. I heard my agent & the photographer talking and apparently the photographer was going to charge more to take more photos, which my agent was unwilling to do. Not really giving any real insight into the pricing of my home. We have been on the market since June 1st, with the home marked "coming soon" for about a week prior. I own a 1600 sq ft home, 3 bedrooms, 2.5 bathrooms, attached garage, under 250k. There haven't been any showings and only 1 person came to an open house we had recently. I'm on a time crunch to move as I'm moving out of the area t...

First post so please dont kill me 😅 My wife and I (daughter on the way), are looking to get a home. We bring in 7k a month after taxes. The dream home costs $360k ($3100/month with all fees). The safe plays (haven't found a house yet) run between $240k-300k (between $2300-2700). The dream house is offering 5.99% interest for the loan and 15k towards closing costs (all we would have to pay is the Down-payment). I can pay the down payment for the dream home by pulling a 6k mortgage loan from my IRA (will have replenished with interest in under 2 years). We have DPA (with $7500 grant towards closing costs). However, i cant use DPA without raising the interest to 7.25%. Which brings the monthly payment from $3100 to $3400. With that information, I have 3 questions. Should I pull from my 401k to cover the Down-payment and keep the 5.99% interest on the dream house? $3100 payment Should we use the DPA on the dream home with the $7500 grant to only have to pay a couple thousand out o...

Hi all, Not sure if this is the right sub for this question (apologies if not). I’m in the process of buying a 5 acre piece of land within the Great Rift Valley in East Africa with views of one of the lakes and mountain ranges all round (I live in an East African city at the moment). Plan is to build a weekend/holiday home for us as a family and maybe put up a second, smaller unit to rent out as an AirBnB somewhere on the plot. Most of the plot would be landscaped/left undeveloped (mainly for the local wildlife to roam freely - includes zebras, antelopes, buffalo, warthogs etc). Does anyone think the shape of the plot (triangular) would be of concern (not in terms of Feng Shui but practicality for my intended use case)? Thanks! submitted by /u/Royal-Swim-524 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1dbpk0e/5acre_triangular_rural_plot/

My home mortgage is about 2k per month but I can rent it out for $1800 while I live at my parents for free. They are still paying 90% of my mortgage for me. Is this a bad idea? submitted by /u/hroaks [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1dboaod/rent_out_my_home_at_a_loss/

So I’m a rising senior in college studying finance and real estate. I’ve been looking at jobs in real estate and they all seem to be 100% commission based which is scary for me because I am going to have to start paying rent and other bills for myself. I was wondering what jobs in real estate pay salary or are salary and commission hybrid. Any advice? submitted by /u/sk_imbob [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1dbnwob/what_are_salary_based_jobs_in_real_estate/

Hello everyone, I'm an international student renting a place in the U.S. for the first time, and I need some advice. Here’s my situation: The apartment complex originally starts new leases on the August 17th. However, due to my schedule, I asked if there are any units available for move-in starting on the 1st. They offered me one of those units, so I signed a lease for it. Both the 17th move-in tenants and the 1st move-in tenants pay the same monthly rent without any proration. The original move-out date for this apartment is July 31st. Since they offered me a unit available for move-in on the 1st, I assumed that the previous tenant was planning to move out early or that the early move-in fee I agreed to pay would cover the cost of urgent cleaning. However, now, two weeks after signing the lease, I've been asked to sign a new "Early Move-In Agreement." The agreement states: “As consideration for the landlord permitting us to take early occupancy of the premises,...

We bought our house almost two years ago. This included two parcels: one acre with the house on it and then 0.91 acres of land. The land is covered with a bunch of trees currently, but it is in city limits and could be used for housing development. Our loan for the mortgage covers both parcels of land. If we want to sell the 0.91 acres of land, but keep our house, how would this work? Would we be able to have the total balance reduced by what we paid? Would we have to refinance? How does this process work? submitted by /u/pngpng32 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1dax2tu/question_about_selling_land/

I live with my parents rent-free in Oregon* Then I purchased a home in California* as primary residence (3 options were primary, secondary, and investment property) All 3 have different interest rates, tax rates, etc. If I decide to move back with my parents, does Cali home become my secondary home? Who do I tell about this change so I stay legal? *fake states for privacy * submitted by /u/hroaks [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1dawmrk/moving/

I am in the process of investing a vacant lot and found the easement on title back to ~1970 when old seller (not current seller) reserved the easement for him to pass through. Formatted as the following. An easement for a right of way and incidental purposes, recorded 1970 as Instrument No. XXXX of Official Records. In favor of: XXX (old seller's name back to 1970 grant deed) I have a quite naive question - Does the easement go away when the specified person passed away or will it get inherited? This easement cuts the lot in half and impacts the development a lot. (and apologize if this question sounds very naive) submitted by /u/aleph9999 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1da3dnp/old_easement_on_the_lot/

We completed inspection on a house we really like and found the neighbor is encroaching. Their building has been encroaching for over a decade so they have a solid case for adverse possession. After the inspection we submitted the BINSR requesting some repairs, that an easement be written for the encroachment and that the lot price for the area be deducted from the purchase price. The seller responded that they wouldn’t agree to any repairs given how costly it was for them to deal with the encroachment and asked our agent if we could cancel the contract because the encroaching neighbor doesn’t want to sign the easement without performing their own inspection first and this would push back our closing date potentially causing us to have to pay for a rate lock extension fee. If we do cancel are we giving up our earnest money? We really like the house and were willing to compromise on repairs as long as the encroachment was legally resolved. The only thing we wanted fixed was the HVAC...

Tips on getting out of state investor, For rentals? submitted by /u/Gio01116 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1d9g2ph/best_way_to_get_out_of_state_investor/

Hello everyone, I am new to the real estate business here in Melbourne. Just got my first apartment for AUD $900,000 (with the help of my parents) in the city and I am planning on renting it out. As for my background I am a 19 year old student here, I study business management and work as a dishwasher in my spare time. I would love some advice on how to manage the property, find tenets, proper returns I should be looking for, what to do and most importantly what not to do. Thank you in Advance submitted by /u/One-Calendar-420 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1d9etqg/new_to_real_estate/

SO and I want to buy a plot to build, because the second hand market here is as expensive as buying new. However, the price of everything is rising dramatically: in 10 years, everything has doubled or tripled in price, both plots and houses. We're compromising on both location and size, and we're worried of missing a better chance in the future due to boggling ourselves down with debt now. On the other hand, the best time to buy a house has been "last year" since I was in highschool, and we might be trapped with even worse chances if we wait. In addition, we have to either pay the down payment (full year's worth of salary), which we lose if the valuation is bad and the banks don't give us a mortgage, or pay for the valuation (1k) and risk losing it if anyone pays first because we didn't reserve it in advance. We have already had the second thing happen once, which could mean doing that is too risky, but at the same time if we do lose the down payment ...

I see a listing for a home I might want to purchase. But before I even go see it, the details give me pause: The text says "title in estate" and the special conditions are "Estate,Probate Listing". Does this mean this one of those situations where there wasn't a will and it could take a very long time to close? submitted by /u/mck17524 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1d8mt5x/listing_question/

Hi to all, I am currently selling my apartment and i have deal with agent to sell my house, although she is selling, i want to try to find buyers by myself also while i have time, i posted on biggest national advertisment site, where else should i try? More agencies is not an option. Thank you submitted by /u/Skyshater [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1d8mcuv/i_need_directions/

I do not see a place for the Seller (myself) to sign this document. The buyer sent it to me signed, title company with the escrow says I need to sign it. I've read a single article that the seller does not need to sign it because the buyer does not need the sellers permission. About to dispute the escrow earnest money, any advice on that? submitted by /u/ChaosGS [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1d8ja0x/where_to_sign_the_trec_387_as_a_seller/

Hi, I currently “own” a house with my father in NJ. We bought the house 10 years ago, but his credit score was really low, so he asked me for a favor to have the mortgage under my name for 1 year and then we’d refinance and transfer to him. I didn’t see this as a problem since we lived together, so I agreed. He was going to make all of the payments anyway since I was an unemployed college student. Fast forward 10 years, and we never removed my name from the mortgage, and I don’t live with him any more. This wouldn’t be an issue, but he’s really financially irresponsible, and struggles to make payments on time, which then requires me to cover for him otherwise my credit score gets affected, not his. In addition to this mess, he didn’t pay taxes last year, and asked me for a 25k loan to help pay this off. I again stupidly agreed. He’s still struggling to make payments, and I’ve come to the realization that I can’t trust my father anymore, and need to sell this house. His and my nam...

https://www.yahoo.com/finance/news/pesky-natural-mineral-shaking-foundations-180015116.html This real estate thread never mentions this issue. Are home buyers totally unaware or it is not as widespread as it sounds in MA/CT? Is it also issue in other NE states? submitted by /u/Busy-Ad-2563 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1d71447/is_pyrrhotitecrumbling_foundations_a_well_kept/