Looking to buy a house that on further investigation, the owner previously got an fha reverse mortgage a few years ago. Currently listed price roughly equals amount in reverse mortgage. House may sell for 5%+ over listing price. M I would need to get a conventional loan. Is this something I could still buy or should I stay away ? Thx submitted by /u/Ok-Combination-6779 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1gg90is/buying_a_home_where_house_has_lien_from_fha/

Should I shop around and get several comps for my home before accepting a realitor to list it? I didn't exactly mean to, but I've had 2 realtors now give me VERY different listing prices. One is 260k, one 310k. Should I get another? What are some red flags to look for that maybe the agent is not doing a good job at this? submitted by /u/RoadRage90 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1gg8763/comps_for_listing_price/

I have my real estate license and I take my continued education courses, but I’m now considering becoming a commercial property sales agent. Do I have only have to take the additional courses, or is there a separate DRE test in California? submitted by /u/Good_Mulberry191 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1gfivib/re_licensee_how_do_i_become_a_commercial_sales/

So here’s the deal, I bought my home in 2019 in North Los Angeles County. Purchased for $542k. Remaining balance is $487k. Fast forward to today 2024 October, I’m starting to outgrow the 3/3 two story sub 2k sq ft home. Additionally (more the reason for selling) is that 2 miles from where I live there is a landfill that’s emitting potentially unsafe chemicals into the air, creating a panic from residents, EPA is involved, etc. landfill issue may be a 10 yr deal, maybe getting cancer within those years. So reason for selling and or renting: -landfill -expecting my 5th kid Reservations are: -My mortgage with impounded taxes/insurance is $3200 a month. Mortgage alone being about $2200 It’s a 2.25% FHA loan. The home could potentially sell for $700-750k -remaining balance is 487k I have a second mortgage that I bought a truck/paid off debt with (yea im dumb) hopefully wiser now. That totals $88k. SO, My wife and I are worried about the chemical exposure to our family. But the market...

Hey guys, I'm sure this question has been asked many times but after all the research I'm still unsure how to proceed with our buyers agent search. We have lived in our area for a while and know the area that we want to buy pretty well, so we really just need an agent to help us go through the motions and get a good deal/negotiate. Because of that I'm considering hiring a "discount agent" that is a coworker who does agent on the side who gives huge rebates. But on the other hand, the appeal of a full-time agent would be more availability to show houses, and more professional in general. Also, what I should value in a buyers agent? When I sold my house my criteria was clear that I want a agent that can sell my house, but for buyers agent I feel like more sales doesn't necessarily mean they are better. Any tips? submitted by /u/Emergency-Food-123 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1gfgagd/choosing_a_buyers_agent/...

Is their an agent or lawyer I could speak with regarding. A contract for deed I have and the possibility of misrepresentation in the purchase contract portion of our contract. I have screen shots and paperwork with conflicting information. I also have not received a yearly statement from Jan 31 2024. Also how does the new amendment to title 66 section 4 for the transfer of real property apply. submitted by /u/Rare_Gap_1087 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1genq9i/tennessee_realestate_and_land_contracts/

I'm trying to decide who to go through for my real estate license. I'm narrowing it down to Aceable or Rockwell. Any pros and cons from people who've taken the courses? It would be $415.65 with Rockwell or $276 through Aceable. Is this a "you get what you pay for" kind of situation? In need of some starting advice. Thanks! submitted by /u/PolgarasWrath [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1gdwekl/aceable_vs_rockwell/

Hey guys we moved rural last year. We have this nice home with an acre of land the only issue is we’ve noticed upon moving in is a termite issue, the floorboards caving in from the termites and flooding issues. (We knew about the flooding but they said it wasn’t bad. Funny story tho I actually met the old renter who was here before us and she showed us photos where the cars were underwater and the water was almost coming through the house) this house has obviously got water damage. But back to the point we were checking the roof and I put my hand up because it looked like one part was loose and my finger with the littlest amount of force almost went through the roof. It’s got paint over it but some is fading and it looks like styrofoam. It’s in every room beside 2. Is this normal? If any heavy rain got in through the outside layer our roof of the bedrooms would be gone. Is it actually styrofoam or is there something builders use that feel like it? submitted by /u/Mikaylaisdaddyy...

submitted by /u/Round-Text2527 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1gdbl2l/streaming_today/

Reddit often likes to complain about NIMBY, who many see as responsible for many of society's problems. But what many don't understand is that NIMBY protect our housing prices. Think of your cherished investments---the custom brownstone in an up-and-coming city, or a hip suburb with craft breweries. Imagine how your property value, and thus investment income, will suffer if your city clogs your area with giant multi-family skyscrapers, which block your views, triple crime rates, and cause 24/7 traffic. No thank you. It's easy to be a bleeding heart, but for us realists, we need to recognize that renters are just different than us homeowners. They belong in their own parts of town, with their own kind. NIMBY is the only way to protect your neighborhood from turning into an overbuilt slum. submitted by /u/twopointseven_rate [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1gd80si/its_time_to_stop_complaing_about_nimby/

I’m looking to buy in a condo complex. I already own here and am curious about getting a 2nd. I asked a realtor to give me a tour of a unit to see if I’d be interested in it at all. However, after touring I didn’t feel strong enough to pursue making any offers. However this realtor kept following up with me and pushing me to make an offer or buy one of the other units that are listed. She kept calling me every other day to see what I think about the other units. That I should make an offer, she thinks it’s a good deal etc. I didn’t really want to, but ended up making a lowball offer for 2 units. One countered at a reasonably below market price but it’s not an ideal unit for me as it looks like the current owners had an ongoing leak and did a bunch of cheap repairs. Anyways, they countered today with an expiration of this afternoon. I told my realtor to extend till Monday to let me think about it. And she point blank asked “I’m not understanding what you need to think about?” As if...

A friend of mine inherited a property thru probate that multiple loan companies are trying to collect mortgage payments on in his deceased father’s name. They’re about to foreclose on the property without even giving him the opportunity or option to settle the amounts owed or take over payments. When his father died he got hundreds of foreclosure assistance and mortgage lender letters. He’s an older man who doesn’t have much understanding of any of what’s going on, and he wants to refinance the house into his name, and keep it. The auction for the foreclosure is in a few weeks, is he out of time? What can we do? This is in Washoe county in Nevada.. In regards to loan companies there are two, but one wants a large amount paid to them and it’s not feasible and they’re refusing to work with us and pushing hard for foreclosure. The other company is willing to make a deal with us for the remaining balance. probate has been completed and he was court approved to be the inheritor of his fa...

I am going to make this short. I have two kids, young children. I recently got a note on my door stating that by the 15 of November if I don’t pay taxes that the house I am staying is will be auctioned off.. I been in this house for 8 years.. paying rent faithfully.. yes you read that right. I have no money on me. Because I recently had an house fire and it put me so behind. I had to stay in a hotel for 3 months.. using all my savings trying to rebuild this home.. the owners I rent from haven’t paid taxes since 2016. And now I’m on the verge of being homeless if I don’t sign the papers on this home to put it in my name. That is over $8,000 I don’t have that to save myself or my children. I’m so stressed right now. I been calling around for any help available and there isn’t any. My kids don’t deserve this. submitted by /u/Legitimate-Bread-423 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1gcii4d/what_should_i_do_need_serious_advice/

Hi, this is holding up the contract, as it’s 8 k to re route the plumbing from the sink from the sum pump to the ejector pit. We paid a lot for our basement remodel and this isn’t up to county code. Shouldn’t the contractor fix this for free ? submitted by /u/CookiesInTheGym [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1gcfjyw/selling_my_home_basement_remodeler_didnt_connect/

We got pre approved for a $550,000 home loan and we saved up $40,000 for a down payment. My husband and I thought we were doing well. Until they told us interest rates went up to 6% from it being 3% so that brought down our home loan to $450,000😔 we want to stay in a small town in Oregon but it is insanely expensive here. With that amount we can get a house that looks like a townhouse with no yard and one parking . That really is not an option for us besides we run a small roofing business and we have dump trailer and a commercial vehicle and our family car. We go told we need to claim more in taxes but we would have to pay $40,000+ which is fine, so we can qualify for a home loan of $550,000+. Which buys us a single family home with a small yard. Which I would totally be thankful for! I can’t believe this switch so fast and our realtor didn’t warn us so for a whole month we were still looking at houses that were in the $550,000 range. Are we able to get pre approved with a different...

Negotiating a commercial lease is an important step for any business, whether you are opening a new location or renewing an existing agreement. In Canada, the process can be complex, but with proper preparation and knowledge, you can secure favorable terms that support your business's success. Here’s how to navigate the process effectively: 1. Understand Your Business Needs Before diving into lease negotiations, ensure that you have a clear idea of what your business requires. Consider key factors such as: The size of the space Its location (foot traffic, accessibility) The layout (and potential for customization) Potential for future growth or expansion By knowing exactly what you need from the space, you’ll be better prepared to evaluate lease offers and negotiate favorable terms. 2. Research the Market It's essential to have a solid understanding of the local real estate market. This will help you: Know the average rental rates for similar commercial spaces in...

This is mostly just a random thought/question I had. An expression I've heard before is "don't pay for a view you don't own"; the reason being that the view isn't under your control and can change at any time. And yet, the view is typically priced into the home's value when being sold. So, hypothetically, if something happens that causes the view to be negatively impacted (e.g. new buildings are constructed that block the view) doesn't that technically count as "damage" to the home, since the home's resale value will be impacted? In which case, shouldn't the view be something that is covered by homeowner's insurance the same as any other type of damage? submitted by /u/ComCypher [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1gazhf9/should_a_view_be_covered_by_insurance/

I (25F) have been saving up and living with my parents since I graduated from college (2022). I make roughly 100k a year and have saved up to have ~50-70k down payment depending on how much I want to liquidate my investment accounts. I have a good job, lots of hobbies, and no interest in leaving the area for at least 3 years, but probably more likely to stay indefinitely (this is my hometown). I live in a LCoL area but houses are still going for well over what they are worth, but most are fully renovated and would require little to no replacements/changes upon purchase. I have been looking for a 3 bed 2 bad in the 200-275k range with variations dependent upon neighborhood. Rent in my area for a 1 bedroom is about 1k a month for a 2 bedroom if I split it with my friend, but I just don’t like the idea of “throwing” money away by renting. Additionally I do not have any furniture and would need to buy some regardless of where I move, but if I rented I would probably buy cheap/non-cohesi...

Hello Reddit! After 8 years of renting and apartment living, my husband and I are under contract for our first home. Unfortunately, the initial inspection results haven't been great. We're looking at about $15K in estimated repairs, likely due to a rushed investor flip. Major issues include plumbing, roofing, and electrical work. Although the house looks great on the surface, I'm concerned there could be more urgent hidden issues that will come back to bite us in the near future. My question is, as a nervous person with no experience with this process: Even if the seller agrees to handle all repairs before closing, how do we know when it's time to count our blessings and walk away? Appreciate any advice. Thank you! submitted by /u/colorbaux [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1gawm07/first_time_homebuyers_inspection_when_to_know_to/

Hi, I'm not well versed in Real Estate, so please don't put me on blast! I'm selling my midtown east condo after 10 years. Two bed, two bath, 1,200 square feet. 10th floor. When I bought it, the price seemed to double every 10 years. I know property isn't a compounding investment, but with the price history I'm surprised. Sold 1993: 235,000 Sold 2003: 600,000 Sold 2014: 1,120,000 Current price: 1,330,000 What's the deal here? Was I unrealistic to think I'd get more? submitted by /u/bathtime85 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1ga8udx/nyc_condo_question/

My home is recorded by the city as a "bargain sale" however my paperwork has a signed form from seller stating a "fee simple" or "warranty deed" (I think it was the former and it was explained to me when I asked that it's still clean ownership but bc her husband passed). She built the house with her husband and was on the orgiginal deed with him. He did pass a few years prior to the sale, but my confusion comes from the fact when I Google bargain sale it states that it's a deed that protects the seller from liability against liens or defects bc the seller doesn't typically have the knowledge about the house and used in tax sales and foreclosures typically. Should I be concerned and have this looked into? There were a few issues with her honesty and integrity and there were some connections to city officials and unscrupulous behavior on seller's part so I want to make sure if I need to have anything fixed, I get it fixed while I can. Par...

I’m a real estate agent looking to make developers my target clients, but I’m curious—do most developers find land through agents, or do they prefer to do it themselves? I’m considering becoming a land agent specifically for developers, thinking it might be a good niche. Also, for anyone with experience, any advice for someone interested in becoming a real estate developer? I’d love to hear about how developers typically get started and what strategies work best! submitted by /u/ReviewAnything [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1ga57wm/how_do_developers_find_land_for_their_projects/

Hello everyone, i'll be grateful if y'all can share some real estate investor telegram links with me. Many thanks & stay blessed submitted by /u/EtherealWicca [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1ga49ef/telegram_links/

First time posting, hopefully im in the correct section, apoligies if not. UK Based. My Partners Grandad has recently passed away. The Will specifies that the house and assets are to be split into three and given to his kids (one of which is my partners mother (my MIL)). The MIL wants to keep the house (£285k). My partner and I are able to pay the other 2 children off so that they still get their 'equal cut'of the value of the Will and enable my partners mother to keep the house. Caveat to this.. no one trusts my partners mother with money, and their agreement to allowing the house to be passed over is to have the house in my partners name. MIL is happy with this as she fully trusts my Partner. There are obviously benefits to this in terms of paying no additional inheritance tax when my partners mother passes. Due to inheriting, not paying stamp duty on the property. House security in the case that partners mother falls ill and requires care. I just want to know if this i...

Do I find anyone interested in Realestate in Malawi? there is a 4600 squared meter land located in Lilongwe, Malawi fore more info please dm submitted by /u/lbxom08 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1g9ectb/4600_squared_meter_land_located_in_lilongwe_malawi/

I'm a first time home buyer trying to figure out if my agent is right about my offer being a low-ball or if she's just looking to get the sale done. Background: The house has been on the market for 80 days. Listed at 325k, then 315k, and now 309k. The sellers are completely moved out. It's a 1915 home with beautiful woodwork and newly finished wood floors but it hasn't really had many updates done in the last 20 years. Specificity there are cheap out of code windows in the attic primary bedroom, some of which have broken thermal seals, rotting trim, and snapped opening levers. My other concern is the kitchen which has outdated flooring, cabinets, and appliances (one of which is a gas stove with non functioning lighters). There are of course a bunch of other issues but those are all mostly because it's a century old home. I've compared it to similar houses in the area and they're mostly a spread from 280k-315k but even homes around 300k are updated with ce...

I1. Dad passed away last decade I was supposed to receive life insurance benefits from my father, which I didn’t know about. Found out via some digging. Contacted the life insurance company to confirm that there was 100% a check in my name meant for me as an adult. I found out not too long ago that my mother took this money and put it in a living Trust, where she is the Trustee and I am the beneficiary. I was never told about this Trust, either. I found out, again, via digging. The Trust is a revocable Trust. The Schedule of Property includes… a bank account that is HERS and not mine, HER physical items (like jewelry), along with an LLC of which she owns 100% of shares. I also found out that she has bought and sold at least one property under the name of this Trust. My question is: what the **** was the point of apparently making me the “beneficiary” in this case? submitted by /u/ThrowRABalsamicV [link] [comments] source https://www.reddit.com/r/RealEstat...

So I was under contract for a primary residence in Asheville prior to Helen. The house seems to be okay and the neighborhood does as well. We still need to get a new inspection and such but I’m afraid the market will crash as people start to move out of town or off load their vacation homes. I know we are so lucky given everything, but I don’t want to make a dumb mistake. Should I back out and lose my due diligence and call it a day and wait until we see what happens or go ahead with what I think is a perfect house? Should we try to get a lower price even though we are 15k under asking right now? It’s a new build with a year long builder warranty. A lot of Asheville is actually okay. No clean running water almost anywhere in the city yet, but it seems like the city will bounce back in a year or two. Surrounding areas not as much submitted by /u/CollectionQuirky1783 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1g8m3b8/do_i_buy_a_house_in_asheville_...

submitted by /u/meredith_xlsrealty [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1g8lbr6/craigslist_does_anyone_do_this_anymore/

and it's by far the most ideal home and location I could have imagined. I'm so happy the other bids before this home weren't accepted! very small mountain town in California in a very family friendly area. half acre with a charming totally remodeled 1960s home with a huge deck and very usable land. close to a bigger city and prestine lake. ten minutes from both. the house is 30 second to the local fire station. under 400k. couldn't be happier. we went back and forth with counter offers for a couple of days and now it's official. My kids are going to be so happy when they see it. I'm on cloud nine. that is all. submitted by /u/itsbusinesstiim [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1g8klnt/after_a_few_failed_bids_on_other_houses_i_finally/

I'm so sick of realtors. The fact that so many are still trying to keep up the traditional 6% commission after housing prices have tripled is disgusting. I don't care that they do a lot of work they don't get paid for. Why should a buyer/seller have to this outrageous cost just because they end up failing with other clients!? Then, they engage in hidden conversations with another realtor who works for the other side, while both have the exact same financial incentive and goal - to sell the home for a much as possible. Finally, they collectively create a monopoly of information through the MLS, sue realtor sites that include sales data, and spend millions in lobby money to pass legislation to make sales data less transparent. And people think lawyers are bad... submitted by /u/ConsiderationBorn231 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1g8jje3/realtors_are_crooks/

We’re looking at listings as FTHB with a low budget that are fixer uppers and I keep seeing a lot of interior walls marked with large Xs on them. Any idea of why that is? The listings are not noted as being unsafe or inhabitable. submitted by /u/notmynaturalcolor [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1g7x844/xs_on_walls/

Hello po. Planning to pasalo current bahay namin sa cavite. Currently loaned sa pagibig na nag start ng 2016. Nakuhang bare-type pero fully furnished na sya at madami na modifications. Close din sya sa mga establishment like SM, School, hospital. Pa-recommend naman po kung paano mag price at anong process? Better po ba kung may involve na license real state broker? Thank you submitted by /u/theadultingme [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1g7w77o/how_to_sell_pasaloassume_balance/

My husband and I have been casually looking for a new home for almost a year now. We either dont love the home or get significantly out bid with terms we can't compete with. We finally found a home that is in our preferred neighborhood and didn't get bid up. It actually feels like we were getting in under market value which obviously never happens in this market. It does need some major repairs (windows, siding, doesn't have any overhead lighting), but we can find most of this with proceeds from our current home. I started looking at new daycares for my son and just never felt the same love and excitement that I have for our current daycare. I freaked out about moving my son (for more context he just got a little sister a couple months ago so this feels like another big change to not be confident about) and backed out of our deal in the last couple hours of inspection period. I woke up the next day and regretted it. It feels like I'll never find this good of a house/de...

Went to take a llook at a almost ready home from Lennar that had LVP installed. The agent works for Lennar and he got so upset saying that I don't know anything about flooring and that this is a premium flooring option already installed that I would e getting for free if I bought the house! submitted by /u/ikarumba123 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1g72skj/lennar_agent_got_really_upset_with_me_when_i_told/

The address is 84 Full Moon, Irvine, CA 92618 I checked the OC property record the amount is accurate, I never saw a property tax up and down every year. You know the property tax in PS and great park are always 1.6% include the MR…… Anyone can explain why this is so low? Year,Property Tax,Change,Assessment 2023,$3,444,+2.2%,$107,639 2022,$3,370,+0.3%,$107,639 2021,$3,361,+0.3%,$105,529 2020,$3,351,-8.3%,$103,460 2019,$3,655,-1.9%,$102,400 2018,$3,728,+1.8%,$100,393 2017,$3,663,+0.9%,$96,496 2016,$3,630,+1.9%,$96,496 2015,$3,562,+0.5%,$94,604 2014,$3,543,-0.1%,$91,358 2013,$3,548,-2.2%,$91,358 2012,$3,629,+0.9%,$90,946 2011,$3,598,—,$89,163 2010,$3,596,-27.7%,$87,415 2009,$4,973,+1.7%,$86,762 2008,$4,890,—,$86,969 submitted by /u/TonyZhouzzz [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1g6c2lv/can_someone_help_me_explain_this_property_tax_how/

Note* I understand this isn't official legal advise ... I have a friend looking to get into real estate. I'd like to invest capital to get him started in Idaho and Washington. Is there a legal way to do this. There are statues that say he can't share commissions, but can he share profits? Or is there a way people typically structure such things? Idaho legislature: https://legislature.idaho.gov/statutesrules/idstat/title54/t54ch20/sect54-2054/ submitted by /u/kalcsu1 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1g5pupq/real_estate_law/

My wife and I travel quite a bit and have accumulated a bit of various foreign currency. At first I just saved a few notes as a memento of our travels, but as we travel more and more, sometimes returning to prior destinations, I'm trying to think of a good way to keep the moneys separate and organized for future trips. Right now in my wallet I have US dollars (I'm American), Ukrainian Hryvnias, Polish Slotys, and Icelandic Kronas. I have several other notes in a file cabinet at home (Belize, Costa Rica, French Polynesia, Mexican Pesos,....) What I'm thinking is maybe I could find some kind of expandible file or file unit that has multiple clear plastic holders for various international currencies, so the next time we travel to a particular country we just go pull out that currency. Any ideas on a product I could buy for this? Quick searches on Amazon and Ebay didn't immediately turn up an ideal product. I think it will make me feel like an international man of myste...

Hello real estate community! I'm researching how real estate professionals use web scraping and data collection. Could you share your insights? For what specific purposes do you use web scraping in real estate? What kinds of websites do you typically target for real estate data? How do you currently manage and process the data you collect? What methods or tools have you used for real estate data collection? What challenges have you faced in collecting and managing real estate data? If you could design the ideal real estate data tool, what features would it have? Your experiences and thoughts will be invaluable in understanding the current needs in the real estate industry. Please share in the comments or DM me if you prefer. Thank you! submitted by /u/Nounoursita [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1g5olea/real_estate_professionals_what_are_your_data/

I know the tax liens some are held online. Anyone know legit sites to buy direct real estate and land that is legit both in the US and other countries I know its risky buying online but what sites have any of you used. No spam bots please just looking for real places to buy land and real estate thats legit submitted by /u/sunshineandlove1 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1g5nfo9/trustworthy_sites_to_buy_real_estate_online_in/

I'm working on an AI property manager that can handle calls and interact with tenants just like a real person. We're starting off by integrating it with AppFolio. I'd love to chat with some of you to get your thoughts and see if this could be helpful in your day-to-day. submitted by /u/ta_nush [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1g4u7pn/any_appfolio_users_here/

I put an offer on a home that was listed a week ago. The agent told us there were 8 offers and we were in the top 3. Our offer was over asking with no contingency and 30 day close. Our agent asked the selling agent to see if our offer was competitive enough or if we should go up in order to be included in the counter. The selling agent said no and that she would keep us posted after she connected with the sellers. We received an update that we have 72hrs to give our best and final offer. We are willing to go up again in price but also unsure how much more we should be offering? They didn’t give us a counter amount and only requested best and final. Wondering if this means we are still in the running? Curious what others think of this situation. submitted by /u/lkt783 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1g4t4dn/any_advice_on_what_this_could_mean/

Curious to learn more from real investors from here. In a dilemma on my first property. Should I buy a duplex that has one current tenant way below market value on rent (lease ends Dec) and I could move into other side now. Mortgage payments are just at my top limit in scraping by on budget if I kept their current tenant rental amount. I could see renting out the other unit for easily $500 more than current rent. Also I could see the growth on his duplex sky rocket faster than any other single family I could get. I could absolutely live in the duplex for a long time. This duplex is also in the middle of a downtown area with up and coming businesses, restaurants, parks, etc. Or buy a way cheaper single family home with a much lower mortgage, not have a duplex, but a single family home that I can rent out if I ever move for more than my mortgage payment? This option also doesn’t tie me down to an area. I’m able to save more monthly in the short term. My question is, if I save m...

Hi All, I wanted to hear your take on the FL real estate. Currently live about 23 mins from Sarasota with no damage due to the recent storm. I know now is not a time to sell, but I’m hearing typically summer time is slow, election years make it even slower and with the recent hurricane homes are just sitting. If you don’t mind sharing would love to hear from you all the cycles and better understanding of what an election year has to do with home selling/buying. submitted by /u/sporty6blonde [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1g46gw2/fl_realestate/

Our condo has been listed since April 2024. Priced it similar to other condos in the area. We’ve basically completely renovated it (kitchen, bathrooms, new floors). We had several open houses and showings in the beginning. No offers. Took it down and relisted about 50 days ago, did an open house and nothing. Price has been dropped ~50K since we initially posted it and other units have sold for similar price and higher than our initial price. The last unit that sold is slightly larger, zero reno and sold for 30% higher than ours. Same view, 1 additional parking space. Is my agent not moving enough to get this sold? submitted by /u/StalkingAnto [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1g44jr1/fire_agent/

As title states, the house i closed on about 2 mo the ago doesn't show up on county website as in my name. My business name to be exact. I contacted realtor today but haven't heard a response. What are my recourses? Should I give it more time? submitted by /u/Puchilu [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1g42cz7/2_months_post_closing_house_still_not_in_my_name/

What do you see the investment in egypt look like?? Are it profitable or not? Are it safe? I have apartment in TMG (talat mostafa group) Are it will become profitable or not in medium rang or short submitted by /u/Physical-Worth8840 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1g3bkpq/egypt_and_investing/

Without going into too much specifics, I’m looking to sell my mom’s home that is quite old and in need of repairs. Comps in her area are between $1.1-$1.3M. We’re looking for just the highest bidder and don’t want to put any rehab on the house to sell it, so a developer/flipper would be the best type of buyer. I’m looking for advice on what a fair fixed fee would be for a seller agent in Los Angeles. She has multiple long time friends and a cousin that are real estate agents so one of them would be the agent we use to sell the home so Redfin would not be an option. submitted by /u/e90t [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1g3a7ya/fair_fixed_seller_agent_fee_los_angeles/

I listed my house for sale over 30 days ago. Not the original owner, built about 8 years ago with just over 2,000sqft, 3 bedroom, 3.5 br, finished basement that can act as a living space or 4 bedroom. My agent said it would sell quick yet here we are. Originally listed for $400,000. Then we dropped to $385,000. Still no offers. Anyone else experiencing this? My realtor now is telling me buyers are holding out until after the election. Any truth to that? Thank you in advance. submitted by /u/doesnotmatter13 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1g39szi/house_is_not_selling/

I would like everyone’s opinion. I am looking to move to the Orlando area from south Florida. I bought my house at $390k in 2020 with a 2.8% rate. It’s valued at ~$620k and I owe ~$320k on my house currently. Should I rent my house or sell? Should I rent in Orlando for a year or 2 then purchase? If I purchase it would only be new build. I know interest rates may come down next year but then housing prices will go up I would assume. submitted by /u/rmustafa11 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1g2mmfn/what_should_i_do_with_my_house/

I've been casually looking at homes under $350K in about 8-10 various LCOL states. I always filter my results by "home type" - "HOUSE" (as opposed to "MOBILE" or "MANUFACTURED", which is a filter option on Redfin, Zillow, etc). However, I still see hundreds of homes that are clearly manufactured, whether affixed to the foundation or not, despite the filter. It's obvious from pictures 90%+ of the time, but I also scroll to property details/public facts to confirm "Style: Mobile/Manufactured Home". I can't filter by that "style" option though, only by "home type" which *should* only show me non-manufactured SFHs based on that filter choice. I use "map view" and click on the small price circle, which opens a new page where I then see property pictures and these details. More than half the time, it ends up being a mobile home, and since I look at hundreds a day, it's a huge waste of time. It...

We have foolishly signed 2 addendum, the first when our agent said we would be in breach if we didn’t sign. We received it on a Sunday morning and the buyer 5 day option expired at 5:00 that night. That addendum lowered the price in lieu of repairs. Two days later, without warning, another addendum was presented giving buyers 21 days to secure funding. Our realtor did not explain that to us. She simply said it was standard 3rd party required documentation. Now at 9:00 pm on 10/11 we receive a forwarded email saying ANOTHER signed document is required. Buyer 21 day addendum ends Monday. I contacted an attorney who told us do not sign another document and terminate this sale. We are overwhelmed. Can we refuse to sign yet another addendum and this legally termites the sale. Buyers will use Hurricane Milton as reason for delay, although appraiser met the deadline. Buyer agent is aggressive. She’s the mother and inspector was a friend. In the meantime we are now facing a possible cance...

I’m thinking of getting my real estate license in Colorado to buy and sell homes for me and my family. There will be at least 5 transactions over the next 2 years between me and my immediate family. Makes sense just to keep a part of the commission in house (pun intended). Since I need to join a brokerage to get a license, would any brokerage firm accept me if I wouldn’t look to actively be an agent? submitted by /u/COSnow42069 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1g2k5u4/real_estate_license_used_just_for_my_family/

Has anyone ever had an extremely low ball offer accepted? For context, we found a house that suits all our needs (home itself). It has slightly less land than we would like and it sits up on a hill and there are some steep drop offs (kids could fall down and get hurt, nothing that would kill ya though). Anyways, house is listed at $600k. Started at $800k but dropped $100k and than $50k 2x. The house needs all new windows (about 30 windows), new kitchen & utility room flooring (tile is broken in lots of parts, roof and HVAC are original (18 years old), new exterior doors (4 french, 1 front), and then we would want new cabinets, a fence installed, and some wall paper removal/paint. Our agent ran some report and showed that comps with similar size (3600sqft) it should be between $435k-$520k. We were thinking of offering $450k but, we also met the seller and he is an extremely wonderful person. So much that we are afraid to offend him. He wants the house sold so bad because he lives...

My mom's townhouse got water in from the foundation area between hers and her next door neighbors' units. This happened at the end of the summer due to ground being saturated after a month of almost non stop rain and then during hurricane Milton. In both cases the water didn't reach the top of the doors threshold. Her townhouse was built in 2006. She, and the neighbors, will have to remove the baseboard, the flooring (laminate), and 1 or 2 feet of drywall so the whole thing can dry and be redone. The problem is that this repair will not prevent future reoccurrence. I'm thinking they need to get together and hire a lawyer and an engineer to find the legal way and cause/solution to the problem. They obviously can't wait on the legal side to make repairs because of mold and more possible damages. Can anybody tell me their experiences with bad construction issues? Chances of being reimbursed for individual repairs or having foundation fixed? Again, Florida 2006 bu...

Title pretty much explains it but here are a few more details. I bought an investment property with a double lot. I split it, remodeled the house, sold the house in one lot, and kept vacant lot next to it (that was my profit). I sold the house a year ago and moved overseas in March. I've got an email yesterday from the buyer (property is now a 5/3 Airbnb) saying he needs to talk to me about what happened and one tree is leaning badly. I'll take care of the leaning tree but I'm not sure if I'm liable for the repairs. House is in Clearwater so it was hit badly by the hurricane. Should his insurance take care of it because it is hurricane damage regardless if it was from the tree next door or a flying car that landed on his roof? Maybe he'll ask me to cover his hurricane deductible, which is usually 2% of property value (house sold for 650k) and may be higher than repair costs ... I'm not sure about the extent of the damages yet. Any help is appreciated. ...

Initially, my agent (I'm the Seller) seemed great but that quickly changed when I needed some time to consider an offer due to a personal emergency. My agent hounded my constantly to the point where I finally broke down & confided in them as to what was going on in my life. I got the offer on a Friday and I just asked for the weekend to consider it. My agent starts berating me, talking down to me, but finally agrees to buy me time. Or so I thought... On the following Monday, I let my agent know I'm accepting the offer & signed only to be told that the buyers had now put in an offer on another home because they were concerned that I would break the agreement & take the house back after I signed. First of all, I didn't even know that was possible. Secondly, that's why I wanted to take the weekend to make my decision as it's not something I take lightly. But most importantly, the buyers had this doubt because my agent shared the personal details I confid...

Hi. I recently decided to put a commercial property for sale and signed a contract with a real estate agent back in September. The only communication I’ve had with him since then is me texting him a question related to giving notices to tenants. I don’t see anything listed so far for mine. Are listings for commercial properties not as easy to access? And is it normal not to hear anything back this long? Thanks! submitted by /u/Safe_Piece_3631 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1g14iws/real_estate_agent_hasnt_posted_listing_after_two/

So, this past June I entered into a Lease- Purchase Agreement. I have until next June to secure traditional financing, and the pressure is on. Around the same time I entered into the lease purchase, I switched jobs. The money is nice, but my boss is becoming unbearable already. Lucky for me, my field is in high demand right now, and I can easily find a different job. I’ve been interviewing around, and have turned down a few offers already. My question is, if I get an offer that I like, will I ruin any chances I have of getting traditional financing, even if there’s no gap in employment in between the 2 jobs, and everything else (credit score, income, etc.) works out? In theory, I can tough it out until next June, but if I can do so without ruining my chances at buying this house, it’s tempting to leave my job. submitted by /u/a_little_bit_little [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1g13l1s/am_i_going_to_screw_myself_if_i_change_jobs/

Hi all! I’m hoping to see if anyone has any guidance on this We are under contract for a property, no easements were disclosed by the seller or seller agent. As we were engaging a surveyor to survey the land, he mentioned that the play recorded on 1968 shows quite. A big At&T easement running through the property. Couple things here The surveyor said he didn’t know if the easement was active or abandoned, how can I find out? If it’s active, how bad of a situation is this? Or how could it affect us ( I know we can’t build in it, but what about resale value?) if it’s abandoned or not in use, how can we get it waived?) The house preliminary seems like a part of it is sitting on the easement at least a little and our driveway as well. The house was built on 1969, so a year after that plat. What happens here then? Surely they won’t make us tear up a 55 year old home?? Thank you all, this is our first house and it’s so stressful that nobody mentioned this before putting an offer ...

Firstt time buyer. The photos and floorplans on condos/co-ops just aren't enough for me to confirm a place will work. Going on my first viewing of a place that seems nice so far, but I was planning to take a pad, pen, and laser measurerer to fully layout the place for myself if it really feels like something I would put an offer on. Renting so long, and being a collector, I have more than a normal amount of shelving. Every spot now is used, so I just need to see if I can Tetris myself into a different place. Anyway, is that normal to do? I'd hate to think I'm needlessly wasting my agent's time. submitted by /u/WishItWas1984 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1g0hat7/common_to_measure_on_an_apartment_viewing/

I am buying my first home and in the offer letter towards the seller it was agreed that he would issue $12,000 credit towards my closing costs. Today I received my Closing Disclosure and It says I owe $10,000 in closing costs. So I was thinking that is great since the seller will be providing 12K that means I have 2K excess. When i talked to my Loan Broker she informed me this was not the case. She has stated that the 12K was depleted by all the fees that the seller is currently paying. This made no sense to me because I was under the impression the 12K was to go towards my closing costs not his. After looking at the closing disclosure document more I noticed there is a section that says "seller credits" and the value is zero! I don't understand why it would be zero if the seller is to provide 12K credit. I have looked at this document multiple times and there is absolutely no reference or mention of the 12K credit anywhere! Also this is NOT a situation where the seller ...

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If I wanted to sell privately to avoid the misery that is selling with a realtor (slashing the price, wanting to basically give away the house) what resources are there out there? I could do local FB buy and sell pages and also self pay for zillow but I know that where I live the majority of sales are done privately and very few are through realtors. I just don't know how these sales are being done as the word of mouth doesn't seem to apply to me. Just wondered how others do it - submitted by /u/millcreekspecial [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1fzo4ru/resources_for_selling_privately/

Hi everyone, I'm a computer science student in my country and I’m looking into options for moving to Europe in the future. I know that living there long-term requires a European passport or residency. I’m considering buying a property in a European country to see if it could help me obtain residency or even citizenship down the line. I’m looking for advice on which countries might be good to invest in, especially in terms of real estate costs and residency or citizenship conditions. Does owning a house actually help with getting residency in any specific country? Are there countries with easier pathways to citizenship through property investment? Any insights or experiences would be greatly appreciated! Thanks in advance. submitted by /u/Ok-Solution625 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1fzmart/advice_needed_buying_property_in_europe_for/

How much can we expect to pay out of pocket with a VA loan? We are looking to purchase a home in CA in the $400k- $600k range. submitted by /u/Negative_Beach8977 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1fzld4k/va_loan_out_of_pocket_costs/

I’m about to close on a house and found out one of the bathrooms are not permitted. I can’t pull out now without losing my deposit im assuming. Is this allowed from the seller? submitted by /u/valleygirl2023 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1fytrt4/about_to_close_found_out_bathroom_is_not_permitted/

Hi All, I am thinking to do home loan through bank of Maharashtra (SBI not in option) Is there any one who might share own feedback about home loan through bank of Maharashtra. How is the prepayment/partpayment procedure? How is the loan closure process? Thanks in advance submitted by /u/Not-a-thinker [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1fythl2/need_feedback_on_home_loan_from_bank_of/

I recently found out that my landlord will be selling my house. Shortly after, he told me that he would be coming over to take photos of it for the real estate agent. When he got here, he brought the real estate agent and a potential buyer. I was not aware he was bringing other people, but I shook that off. The real estate agent asked for my number before she left. She texted me this morning while I was at work asking to do a showing and I said no, because I was at work. She then called me two times, texted me again to ask when I can, and then told me she wants to do open houses on both Saturday and Sunday. I am NOT comfortable with that. No one asked me if I would be. I have a cat and she will get stressed out having strangers over all the time. Not to mention, I will get stressed out too lol! Is it normal for this to just be expected of me? Am I allowed to say no, and that I don't want to do showings or open houses? submitted by /u/k1tt3ngutz [link] [comments] source...

As a graphic designer with experience across various industries, I’ve recently been thinking about how I can help real estate agents and sellers elevate their branding and marketing efforts. From what I’ve seen, many designs in real estate don’t always reflect the professionalism and reputation of those behind the business. My goal is to genuinely support this community by offering designs that better represent your brand. So, I’d love to hear directly from you—what challenges are you facing when it comes to branding and design? What would make your marketing materials more impactful? Let’s collaborate and help each other succeed submitted by /u/Frequent_Benefit_913 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1fy29mw/real_estate_pros_what_design_challenges_are/

I’m planning to buy my first property and I’m considering a multifamily home, specifically a duplex. I’m new to this and could really use some help. Here’s what I’m trying to figure out: 1. Best Financing Options: What’s the best way to finance a duplex as a first-time buyer? Is an FHA loan a good option or are there better ones? 2. Cap Rate: What kind of cap rate should I be looking for to make sure it’s a good investment? 3. General Advice: Any tips or things to watch out for when buying a duplex? I want to be prepared and avoid mistakes. Thanks for any advice! submitted by /u/Psychological-Age833 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1fy1md2/firsttime_buyer_looking_for_advice_on_purchasing/