I went into contract a month ago without a loan contingency. The seller has a tax deadline of this Thursday. If he misses it, he has to pay $153K on his gains of sale. His HOA was unable to complete parts of a questionnaire. They flat out refused to fill out out and because of this Wells Fargo couldn't get us the loan until today - the bank needed to get an exception which caused delays. The seller says we are a day late and he now has to pay the taxes since we can't close by Thursday. So he wants my escrow money and more. Can he get my escrow money? submitted by /u/Urbanlove2020 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1gkuved/what_can_i_do/

Hi everyone, I'm facing a bit of a dilemma and could use some advice. I'm taking a job overseas for at least 3 years and need to decide what to do with my current home. Here's the breakdown: House: Single-family home built in 1994, owned for 8 years Mortgage: $375k at 2.25% (VA loan) Market Value: ~$700k Rental Income Potential: ~$3200/month for much smaller nearby townhouses Renovation Costs: ~$100k to prepare for sale/rental Options: Rent Out: Potential income but ongoing maintenance and property management costs Risk of vacancies and tenant issues Long-term appreciation potential Sell and Invest: Lump sum of cash to invest in low-cost index funds (Fidelity ZERO International Index, Fidelity ZERO Total Market Index) Potential for higher returns than real estate, but market volatility Loss of potential long-term appreciation from the house Questions: Is it worth the investment to renovate my house for rental or sale? What are the potenti

Hello! Ive currently got about ~$55,000 between investments and savings. I make minimum ~$90k a year + overtime, bonus, and tips (~20k a year). I still live with my parents and dont have a lot of expenses so assuming everything goes smoothly ill have about $138k saved up by the end of 2026. What would be the best way for me to build wealth through real estate? Ive got a lot of family in contracting/construction and have been apart of house flips so I have some experience in that Im just not too sure what the best route would be for me/ how much money id be able to spend or afford for a flip or multifamily. submitted by /u/Ornery_Argument2441 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1gksup6/how_do_i_get_into_real_estate_with_138000/

My spouse and I have been trying to buy a house since August, and man I am starting to give up hope. Not only have rates increased but prices seem so out of of touch even with a significant down payment. It’s so difficult to want to buy when you know the person living next to you most likely pays way less than I would for the same thing. What do people predict is going to happen? I seriously don’t see how this can continue, we are just simply people wanting an average sized home in the city I was raised in, it doesn’t feel like it should be this hard. For reference I am located in Montana. submitted by /u/ConcentrateBudget985 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1gksdkq/what_to_do_next/

Any suggestion kung saan maganda kumuha ng house and lot or condo unit within Metro Manila? Sinong magandang real estate developer? submitted by /u/Introvert_ISFP [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1gk1fei/best_developer_so_far/

I was tasked to find buyers for my parents’ property. She asked for the lot plan because we couldnt find the right schedule (i have work) I created a copy w a watermark but I accidentally and carelessly sent the picture without a watermark. Is that lot plan in danger? :( can people fake documents with a lot plan??? submitted by /u/anon-like-frfr [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1gj9r2k/i_sent_the_lot_plan_to_a_buyer_help/

I am hoping that someone can assist me in determining whether a slab home with several cracks in the rear driveway has foundation issues. There are trees behind the house and an area for the water to drain into. Any help would be appreciated. MODS can I please add a photo. It is greyed out. Thank you! submitted by /u/Routine-Summer-2028 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1gj8ay7/should_i_be_concerned_with_cracks/

Looking for alternative ways to generate revenue with my Matterport camera (other than residential real estate). Business is hit and miss with real estate agents in my area. submitted by /u/Realistic_Proposal90 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1giiryo/making_money_with_matterport_camera_other_than/

I went under contract on a house a few weeks ago, after appraisal it was confirmed that the house was more than 2000sqft less than claimed on MLS. I asked to cancel the contract and seller is refusing to sign. This was all under an LLC and I did some digging and found that seller went to prison for mortgage fraud, has a lot of lawsuits . So it doesn’t appear to me that he’s the kind of seller that would pay if there was a court order from small claims . I’m still within financing contingency but I’m afraid it’s a state that requires both to sign . To make matters worse the listing agent has relisted the home for sale while my EMD has not been released. So I’m trying to figure out what my options are here. Both agents said they will contact title. submitted by /u/offmychestties [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1giiain/seller_lied_about_sqft_and_wouldnt_release_ed/

I am in the process of creating a living trust and transferring my house located in California into the trust. The house was purchased 10 years ago. I was reading the fine print of the legal description in my grant deed and title insurance policy for the first time (I know, should have done it 10 years ago) and noticed it has an error when I compared it to the map attached to the documents. The error is on the "book number" (as in "Book 210 of maps at page 20"). Everything else (lot number, tract number, county name, document number, apn number) and the parcel description are correct. How serious is this discrepancy? Do I need to contact the county recorder, an attorney, and everyone and their mother to fix it? Thank you. submitted by /u/Able-Bowler-2429 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1gii6oc/deed_with_incorrect_legal_description/

Hello everyone, I live in Florida and work as a Construction Estimator. I have a solid understanding of renovation costs and construction. Right now, my partner and I are renting, but we plan to buy a house in the next 3-5 years. I'm interested in buying a foreclosure home with cash. My instinct is to hire a real estate agent specializing in foreclosures to learn the process and make sure it’s done correctly. However, I also have time to do my own research, and I’m even considering investing in a real estate license. (My family plans to buy a house eventually too, so we could save on fees.) Has anyone here successfully bought a foreclosure home? submitted by /u/PossessionSmooth2453 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1ghuryi/advice_to_buy_from_auction/

submitted by /u/Stockortunist [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1ghu291/rocket_mortgage_pmi_i_have_over_250k_worth_of/

I have USA real estate leads which are 100% legit if you want to attest them you may. I want to sell them but I don't know where and how to get them sold??! Can someone help me 🙏 please 🙏 submitted by /u/saif_nadeem537 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1ghs937/need_to_sell_real_estate_leads/

So back in 2022 we moved and bought a house listed at 240k with a 30k down payment on a 30 year mortgage. 7% interest rate. Current payment is about $2,100 monthly. I was making extra payments to principle so it went down from a 210k loan to about 190k. So do i technically have about 50k in equity? Another question is if i sell at about the same price while the interest rates are lower like 3%. Does that mean that i will be losing money? If so about how much would that likely be? Fortunately we came into some land the family has so we are projecting a move next year. But i want to know if i will lose all my equity or if i will still come out with some money to pay off a nice mobile home and be mortgage free. At a 50k difference this could be the difference between being set up for success or needing to make some tough choices. submitted by /u/Status-Development-4 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1ghq102/need_some_insight/

Hey! I’m currently waiting on my results for my state exam but I’m wondering if there’s anyone out there who is under a brokerage and a leasing agent at the same time in nyc? And how it is working out for you? submitted by /u/Kyaaa_barb [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1gh0ixk/ny_real_estate_agent_leasing_agent/

Before I start, I am not saying the job is easy, or that I am going to smash it. I am definitely not saying it’s easier than recruitment. But I am currently studying real estate / property management (Joint course, might as well get both) and want to become a real estate sales representative. I live in Western Australia. I currently work in recruitment for blue- and white-collar, so I understand some of the aspects that will exist in a real estate career - being good with people, timing being important, PACERS, sales techniques, business development etc I also totally understand why real estate is long hours. So just saying ‘long hours’ isn’t the winning answer here, even though of course it’s a contributing factor. Lots of paperwork for live sales, travelling to and from, having to do things in other people’s non-office hours, researching/scoping properties and then collating findings. It’s all very lengthy and can be slow, I get that. BUT, I genuinely want someone in the job, to

https://www.youtube.com/shorts/CmyFLD8EnFo?feature=share submitted by /u/Plastic_Jicama_2701 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1ggzvz1/take_the_quiz_evaluate_your_visuals_and_get_a/