Here’s an odd one and uncomfortable one for us. We closed on our home about a week ago. The buying process was smooth and easy, no issues with the seller at the time. Once we moved in we realized they didn’t clean, left large amounts of trash, left food(opened) in the fridge, left old broken workout equipment for us to now deal with(they told us it worked), and left some other miscellaneous items for us to deal with. We called our realtor and ours called there’s. There realtor came over and apologized, and helped in cleaning up the mess. Well here we are and we see the old seller is posting on social medial slandering us to our new neighborhood. Saying lies and nasty things about us, simple because “we complained”. We have no friends, moved to a state with no family. It’s honestly heartbreaking, especially for my family. Any suggestions on what to do? Do I reach out to my realtor or just try to move on? Sorry if this is an odd case. Never thought we’d deal with this. submitte...

submitted by /u/TTVArcPhoenix [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1ieb899/how_much_money_do_i_need_to_start_investing_real/

As the title says, I’m curious about what this community thinks about sending the below letter to address cigarette odour invading my home. For six years my duplex neighbour was great, courteous wave or greeting when running into each other, she smoked outside, occasionally some karaoke a little loud and late which is all good. This past year she moved in some pos, he’s standoffish, they both now smoke inside a lot, I’ve had smokers visit me and tell me how bad my place smells, monthly 3 am fights lasting over an hour that go from inside to outside. “Dear neighbour name, I hope this message finds you well. I wanted to reach out regarding concerns that have arisen over the past year, as I believe addressing them now will help preserve both our living environment and the value of our shared duplex. As you know, we’ve shared this building harmoniously for over 6 years, and I’ve always appreciated your consideration in smoking outside during that time. However, since the smoking has mo...

We are planning to build with Scott felder homes but wanted to see if any had experiences to share (quality, timeliness, price wise) as the few reviews online are not very helpful. submitted by /u/Reasonable-Monk-438 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1idjznz/experience_building_with_scott_felder_homes/

I created this Personal Finance Dashboard to help people take charge of their money in a simple and effective way. It’s a premium tool designed to make tracking your income, expenses, savings, and investments easier while giving you clear insights into your finances. Whether you’re trying to stick to a budget, pay off debt, or work towards big financial goals, this dashboard keeps everything organized in one place. It’s perfect for anyone who wants to save time and stay on top of their finances without the hassle. Your Ultimate Personal Budget Dashboard What’s Inside? Current Balance Snapshot Imagine opening your dashboard and seeing exactly how much money you have. Whether it’s your savings, checking, or cash on hand, this section gives you a clear and consolidated view of your financial position. While it’s a quick manual update, it ensures you’re always in control and aware of where you stand financially. Budget vs. Actual Tracking This isn’t just about numbers; it’s about empow...

im 19 and i recently got the course to become a real estate agent and was wondering if it worth being a realtor when you first start i saw some posts the fees are alot and it comes with some more to start off with is it worth? submitted by /u/ContentHedgehog9915 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1icpltd/difference_between_realtors_and_real_estate_agent/

I'm looking at purchasing a 1000 sq ft condo that has popcorn ceilings. The place has an amazing city view but the interior is outdated with original 80s things but the popcorn ceilings are the worst! Building was built in 1981 and they've kept it in good condition but didnt modernize at all (think browns and oranges, brown wood trim and doors, and a wet bar next to the wood fireplace). The place has been on the market for 139 days so I'd like to use that as some bargaining power. I was thinking of putting in an offer for full listing price, but asking the seller to cover closing costs and the cost of removing the popcorn ceilings. Is that asking too much? The water heater is also from 2013 so my agent suggested we could ask to have that replaced, but i think the popcorn ceilings would cost a lot more so would rather have that covered and I do believe one of the reasons it's not selling is because the whole place looks so outdated. Is this a reasonable offer? (Looking...

Hi! I'm a first time home buyer (SoCal) and in the process of putting in my first offer. However, I wanted to offer around 1% - 2% below asking. The comps that were pulled from our realtor came to be quite sporadic, with a range of about +/-50k for previous sold listing's. My question is, in situations like this where you offer below asking, do sellers often ignore you? Or do they respond and negotiate with you? Just want to know if it's more common that it would result in an active conversation or if it's a binary accept/reject process. Thanks! submitted by /u/Discoverables [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1ibxbm8/do_sellers_often_respond_negotiate_or_ignore/

I went into contract to purchase a Single Family Home that was advertised in MLS as a 2 bed 1 bath house. The appraisal came back 10K higher than the asking price, but the appraiser noted the house as a 1 bed 1 bath house according to ANSI standards since one of the bedrooms did not have any closet. We tried negotiating with the seller, didn't work out and finally backed out of the deal since I was not sure about the resale value of the house if it gets appraised only as a 1bed 1bath house. Now, the seller refuses to return the Earnest Money Deposit saying appraised value is higher than the purchase price. Who is in the right here and what are my options? My agent is suggesting me to pursue the case in court as his attorney also thinks we should win easily and claim the attorney fees and the earnest money from the sellers. submitted by /u/vivekratnavel [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1ibvznm/does_appraisal_contingency_protect_the_...

Buongiorno, ho necessità di vendere il mio immobile in Sicilia, vicino la costa Orientale fra Catania e Siracusa (non proprio sul mare)Volevo valorizzare l'immobile provando ad approcciarmi ad una controparte estera, sempre più presente in Italia e in Sicilia (complici soprattutto i benefici fiscali del rientro dei cervelli e la flat tax di 100k sui redditi esteri) oHho visto vari portali come gateaway.com o rightmove, in cui bisogna pagare una fee iniziale per accedere al servizio, che ti permette di entrare direttamente in contatto con clientela estera. qualcuno di voi ha esperienza con questi portali? altri suggerimenti? grazie // Good morning, I need to sell my property in Sicily, near the eastern coast between Catania and Syracuse (not right on the sea). I wanted to enhance the value of the property by trying to approach a foreign counterpart, increasingly present in Italy and Sicily (especially thanks to the benefits brain re-entry tax and the 100k flat tax on foreign ...

Hi, so im a first time buyer and have little to no idea on buying a home. Im working with a relator, my budget is small. I noticed that all the homes I liked are foreclosed homes/bank owned, as for sale by owner tend to be out of budget. My questions, if I decided to focus on searching foreclosed homes because thats were the deals are, am I looking in the right spots? My relator sends me listings and I also look on zillow/remax, do these type of homes have sometimes a different source or are they listing through realtors just like anything else? What will me relator say about these homes and possibly auction type homes? Does my normal conventional %20 loan work for these types of home? And advice would be great🙏 submitted by /u/theguyman5555 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1ib53ro/first_time_buyer_foreclosure_homes/

I've recently moved to SoCal and am working on my license... I am almost finished with the course, and I feel like I'm behind on looking for a brokerage. How should I go about finding a mentor? I'm heavily focused on training and making a career out of it, so I'd like to start with a good foundation. I've heard mixed reviews on Keller and am a little lost because there are so many offices. Everyone claims to have good mentoring programs, and I'm starting to have anxiety about it, lol. Thank you so much ! submitted by /u/FinancialTurnover606 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1ib21z1/real_estate_mentoring_question/

I’m thinking about doing real estate. There’s nothing stopping me, but I just want to know if it’s super challenging so I can be prepared for it. I can always search up on YouTube but I like hearing it from other people, but I don’t personally know people who do real estate so I’ve come here. I’m not sure how much they make but I know it should be ok especially for me only being 18. What do you guys think? submitted by /u/Kooky-Bodybuilder-49 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1ia9wx7/wanting_to_do_real_estate_at_18/

https://discord.gg/WEnmS4B3 If your looking to join a trading discord group or new to trading click the link, there’s no price or paid membership just come and we discuss, no harm in different perspectives! submitted by /u/SecretDay7877 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1ia95lz/join_in/

advice pls, to sell or not to sell 2 year home owner Me and my S/O purchased a manufactured home in WA state for 390k, on its own land (not in a trailer park), about 2 years ago. He just med boarded out of the army after 6 years of serving, and we are now starting a new life in NC. We are torn whether to rent it out for now and sell later, or sell now to avoid any potential future maintenance needing done. Unfortunately, we made a bad decision and already invested a wopping 20k due to all of the windows being improperly sealed and getting mold in them. He's biggest fear is finding out more things wrong with it down the road and putting ourselves deeper into debt than we already have. My fear is missing out on possibly making profit on it by waiting atheist 4 years to sell, so we can pay off the investment we made on it and maybe pocket something. I've been doing research as well and is it true that mobile/manufactured homes depreciate in value, opposite to a traditional h...

Hello everyone, does an agent in New Jersey need to be a member of a specific MLS to submit an offer on behalf of a client? submitted by /u/abp105 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1i9h6of/mls/

Been looking for a rental house in Orange County California. It has become very competitive in the last couple weeks because of displaced families from the fire. Found a house on Zillow for almost $5,000 a month and contacted the agent directly. I did not have an agent representing me. She verified all of my info through Rentspree. I decided to bid above asking and offer last month's rent upfront to secure the property. I was prepared to pay $15,000 for prorated rent, last month's rent, security deposit, and pet deposit. She finally gets around to sending the contract for signing and sends me a text saying to send a check to her realty for nearly $3,000. She didn't tell me what the commission was going to be or that I would be responsible for paying 5% until now. I also didn't sign anything saying that she would represent me or being informed about dual agency. I feel like if I say anything, I'm going to lose renting this house to someone that may just pay the tota...

So my mother has missed four payments on her mortgage, and never voiced that she was not paying it. I am seeking to get her help out of it. There is a statement for $4300 but also a statement that states "As a result of the failure to cure the default, We have elected to accelerate the maturity date of the Note and all sums secured by the Security Instrument. You have the right to reinstate after acceleration. The total amount due does not include any amounts that become due after the date of this billing statement." with a 60k amount due. Trying to understand if they can make her owe the 60K or that we have the ability to negotiate an amount to pay the default and whatever late fees occur. Can they legally do this? and could I also apply for a loan (that equals her total loan amount) to purchase the home off of her through the lender? Any advice helps with this portion. submitted by /u/MaterialNo883 [link] [comments] source https://www.reddit.com/r/RealEstat...

What is the best real estate developer here in the Philippines that offers decent allowance and offers equal work life balance? Ayala? Dmci? Rlc? Smdc? Shang? Filinvest? Etc.. submitted by /u/No-Investigator-9430 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1i80qdh/what_real_estate_developer_should_i_go_to_as_a/

Just trying too get the word out for my friend. He is so proud of it and I just want too show some support and get some eyes on it. Please share if you know someone interested in purchasing. He is planning on renovating houses full time, And it all starts here. Thank you for you're time hope too hear from you. Have a wonderful rest of you're day. (: https://www.zillow.com/homedetails/12289-E-Wildboar-Trl-Floral-City-FL-34436/43613352_zpid/ submitted by /u/Spiritual-Penalty-31 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1i80b0x/best_friend_selling_his_first_home_in_florida/

I have owned my timeshare for 25 years. They are raiding the maintenance fees drastically. The place has not really had any improvements for the last 20 years. Selling it, even for a $1 is impossible. Does anyone have any experience with getting rid of their timeshare and how did you do it? submitted by /u/Granb45 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1i7y50k/trying_to_get_out_of_a_timeshare/

Should I sell my PMs to get money for a house downpayment? I dont have much silver or gold. Maybe like 9K between both. I do want to get this particular home with land but I need 5% down (10K) and pay some debt down. submitted by /u/No-Discount6069 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1i7a4wc/selling_silvergold/

I'm always looking for better ways to stay in touch with my tenants, especially for rent reminders and handling maintenance requests. What tools have you found helpful for managing tenant relationships? submitted by /u/Soggy-Passage2852 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1i77nsh/best_tools_for_tenant_communication/

I am wondering if anyone has recently purchased a home since the new commission law went into place. Was it agreed upon that the seller still pays the full 6% (or negotiated rate) or, in your experience, did the buyer pay any portion of it? Just wondering as we consider our options to sell/re-buy down the road. submitted by /u/Successful-Yak23 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1i6fkpb/new_agent_commission_laws/

Here’s What You Should Know! Commercial Real Estate (Non-Residential) Buying a property in Delhi can be tricky, especially with all the stories about scams and shady deals. If you're in the market, here are some tips to keep yourself safe:Double-check the documents: Always verify ownership and approvals. Don’t just take someone’s word for it—look at the actual papers. Do your homework on prices: Compare similar properties to avoid overpaying. A little research can save you from a bad deal. Work with trustworthy people: Whether it's a seller or an agent, go for someone who's transparent about pricing and the process. If they’re dodging questions, that’s a red flag. Ask for reviews or references: If someone you’re dealing with has a good track record, they won’t hesitate to share testimonials or connect you with previous clients. I’ve noticed that some property services have started focusing on things like verified listings and clear communication, which makes the whole proc...

I have been living with my mom for the past 8 years in her condominium since separating from my husband. Her mortgage is in her name (she'sa widow, and she purchased the condo on her own after my dad passed away). She wants to change it so that if something were to happen to her while I'm still alive, I could just continue making the mortgage payments and continue living here without needing to refinance the mortgage and without her having to specifically will the condo to me (I have 2 siblings, and both have their own homes). My mom is assuming that she just needs to add my name to her mortgage, but we don't know what the process is to accomplish that. Is it something we can just do at the bank on our own, or do we need to pay a lawyer to help us? I'm sure if we contact a lawyer, they'll gladly offer their services, so we just wondered if it's something we can do ourselves at the bank, or if its genuinely more complicated than that (and, if so, what is the pro...

I am currently diving deeper into sustainability features and green building features. I was looking to discuss and share opinions about green certifications and sustainability features. Do you think that these aspects really affect buyers/renters in their decision processes ? I feel like the supply of green buildings mostly come from an adaptation and regulations from the real estate sector industry but is it really a pull from consumers demanding it ? submitted by /u/gulude [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1i5lonu/green_buildings_do_buyers_and_renters_actually/

Hi planning to buy a house. Should I be worried when someone list their house as is? The one I’m looking at has been updated, built in 1969. I know that I can inspect it but I want to just get educated and be prepared to look for things or know my rights if something happens in the future that wasn’t written anywhere. Thx submitted by /u/smooth-vegetable-936 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1i5lojd/re_listed_as_is/

My husband is a 3rd year medical resident in Minnesota and we might be matching into a new 3 year training program in Omaha. We’ll find out the match in March. Considering our current town pretty much revolves around the hospital and most people moving here are medical residents coming here for training for 3-6 years, we feel like there is a strong rental market (of responsible potential renters who are basically never home because they work all the time in the hospital). Because we hadn’t planned to move in 3 years (my husband decided to switch specialities- thus the additional years of training), we are strongly considering keeping this first home and buying a new home if/when we move to Omaha in the summer. Current home financials: In 2022, we bought a $260,000 single-family home at 4.38% on a 7 year adjustable rate mortgage- $50,000 down payment. Currently, we have $110,000 left on the mortgage. Actual monthly payment is $1375, but we pay $3000 to pay it pretty aggressively (bec...

I know someone who owns four houses. With so many people unable to buy just one house and with student loan debt at an all time high how is this possible? submitted by /u/One_Independent_1460 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1i5ky1i/owning_multiple_homes/

I'm wondering if anyone here could help me out here since I don't really know where to post this. I've had an interview for listing agent and they asking me when I can start. I'm really wondering how is the experience as a listing agent if anyone knows? Pros and cons? What should I avoid or do? If anyone has a experience over this or just any experience as a buyer from your perspective of how the process is on how you choose your house/apartment it would be nice to hear. I know it's pretty exhausting perhaps since it's monday- Friday 9-6 and Saturday 9-3 but we'll perhaps it can be good. Oh and I'm 23y/o submitted by /u/Hot_Cattle8579 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1i4xgvb/listing_agent_first_time_real_estate_what_are_the/

How much shall we budget for the following items? Floor refinishing and staining for ~1800 sq ft house Changing all (~10) doors and doorknobs to newer ones Recess lights in 3 rooms submitted by /u/socalfirsthome [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1i4w3t7/cost_of_renovations/

I know it’s probably stupid & extreme, but I’m curious if this is even feasible. I don’t own a home. I have good credit & low DTI & can afford the place I’m looking at easily. If I wanted to buy a fixer upper with some moderate to severe issues (some warped floors, needs a new well, outdated electric, leaky roof, needs heating system), are there any types of loans that would let me fix it up the way I want to do it? I’d prefer to do as much as possible myself/with friends or family to save money (again, dumb, but not impossible). Most renovation loans like FHA 203k’s require a contractor or licensed professionals for a lot of property issues. Some of those issues I’d definitely hire a professional, but a lot of them I could fix myself, or at least do half myself and save some labor costs. Also ideally go at my own pace. I know that’s asking a lot but is it possible? This place is a tiny 1980s hunting cabin that has electric & full bathroom & stuff, but it’s basi...

Is there anyone looking for investment opportunities in UAE or is considering it? submitted by /u/Confident-Claim9418 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1i444gy/uae_market/

My relative owns a small apartment complex and hired me to manage it several years ago. They are getting older and want to get out of real estate so they decided to sell. I live onsite and my adult child lives in another apartment. The realtors accepted an offer the day after the property was listed, sending it by email to my relative among the listing contracts and he didn't even know there was an offer until it was pointed out to him, at which point he made several counter-offers to try and get some of our baselines back. We wanted a longer escrow so I could find a home to move to, and for the realtors to help me find it in time. The buyers wanted the property delivered empty in a couple of weeks. They insisted on a thirty-day escrow, us moving into a single unit for a few months after escrow and they lowered their offer to account for the rent our unit would not earn, by more than the going rental. The realtors would give me a day or so notice to come to inspect units, have an...

It’s interesting that social media particularly YouTube are being loaded with videos of failed businesses, corporations, and communities. I am assuming the online retail and moneymaking opportunities seem to make business owners and corporation treating brick and mortar businesses as liability than assets they don’t give a damn anymore. A channel called stringer media likely a journalism major student has a big collection of these buy outs on video showing some even very nice homes bought out likely millions over market however if there are tenants renting they were screwed. Those who hold out may have the places built around them or just be living beside a ghost town. The channel also shows many corporations that failed likely due to the change. But should we be concerned? submitted by /u/Jcs609 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1i3clmn/should_we_be_worried_about_the_epidemic_of_ai/

Hello, I live in a condo on the first floor and got complaints from the neighbours who live on the ground floor right below me. The complaint was about noises made when opening/closing one drawer under the bed and walking around midnight because they have a baby and need to wake up at 3am to go to work. (Not that I have to explain why I am still awake at midnight, but for context I come back home late due to sports activities that finish at 11pm. I need to open the bed drawer to get my clothes to shower… and ofc i need to walk to get there). I assume that I also have a neighbour living above me on the 2nd floor, but I never got the issues similar to the ones on the ground floor. The condo seems pretty soundproof and I’ve been living here for nearly one year now. I feel very sorry for them but they can’t expect me to change my lifestyle right? I don’t want to bother them and their baby but I don’t know what I can do to avoid this noise problem. I would appreciate any helpful advic...

I am retired military and have never used my VA Loan benefits. I own a home currently (not BA financed) and am moving for a new job. I want to use the VA Loan for the house I’m buying in the new city. However, My loan officer told me I could not use my VA Loan if I am selling a house. I need the proceeds from the sale of my current home to assist with the down payment on the new home. So if what she is saying is true, I’m in quite a bind. I’d have to find a way to come up with the DP, close on the new house. THEN sell the current one. It makes no sense to me. I’ve had multiple friends tell me I’m getting bad information. Does anyone know if she is misinformed? Can I list my current house while also pursing a VA loan on a new home? submitted by /u/Greedy-Confusion-501 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1i2myg0/va_loan/

Do you know anyone with 5,000+ followers on Instagram (or maybe it’s you)? Preferably someone residing in the UK, US, Australia, or nearby regions? Whether their house is new or not, we’d love to send them a free sketch portrait of their home! If interested, send me a DM, and I’ll reach out to you on Instagram. 🥰 submitted by /u/Engineer_Pein [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1i2lift/free_sketch_portrait_of_your_home/

We’re planning to move to a expensive housing town with top-tier public schools and low taxes. I’m trying to figure out how much home we can afford—not just in terms of making the payments, but considering the opportunity cost of tying up cash in real estate. Calculators don’t seem to account for our specific situation, so I’d appreciate advice. Financial Details: Cash: $2M Investments (Stocks, 401k, IRAs): $1.5M Current Home Value: $1M (owe $320K at 2.5% interest) Current Annual Income: $200K (expect dual income of $300-350K in 2-3 years when my wife returns to work) No Other Debt: Very low monthly expenses, living simply. Two young toddlers. Rental Potential of Current Home: Could net ~$2,500/month after taxes, property management, and insurance if we chose to rent this home instead of sell it. Key Factors: We’re drawn to this area primarily for its excellent public schools and low taxes. The homes command about a 30% premium to surrounding areas. I’m confident w...

Hello, I have an opportunity to purchase a 30m2 studio in rural Helsinki area 15-20 min from the airport. Supermarkets/schools nearby. I've been making a good money in TradFi, but want to learn and try my way around real estate. Property is in the new (late 2023) building. 8k out of pocket, the rest (95k) is financed during construction and comes attached as a monthly repayment of 400€ for approx 18 years. Mortgage rate is about 4% and is recalculated annually, it's estimated to go down from here so financing contribution might go down. Syndic fee is 130€. The apartment is rented with long term contract, tenant is paying 485€ with average rent for similar units in the area being 500-520€ So right now I spend 8k+fees and am in the negative 45€ until rent is raised in a year or two. Even disregarding Finland specifics, would you go for an opportunity like this or it's a waste of time and money? Thanks for any advice to a newbie. submitted by /u/wintermute-89 ...

Real Estate in question is a 4acre piece of wetlands, land locked on 3 sides with a creek flowing through the upper half, which is accessible by a private road. Spot is ideal for camping and fishing. If it matters, this is in Washington State The story: Seller is selling a 4 acre wetlands plot to a neighbor adjacent to their property, as is. The seller price to the neighbor was 30k. The neighbor has a major interest in the sale due to a housing structure, built without permits and ontop of the property line, over hanging sellers land by approximately 12 inches on the structural corner of the building by the buyers previous land owner. Building has no power, water, septic, or gas. Nothing in it is built to code. But the buyer wants to keep it. During negotiations buyer sent a quote to seller for removal of construction debris, claiming it to be on sellers land, insisting seller must pay for removal or charges would be filed against seller for leaving construction waste on wetlands r...

Hi, I'm in GA and was looking to buy a condo. My Due Diligence End Date is 01/17/2025, and I just got my 52-page inspection report back. From what I'm looking at, there are many issues involving electricity, HVAC, plumbing, and possible mold. Estimated all that repair work is around over 10k, could be even more. Should I bail? submitted by /u/Boner_Loner_ [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1i1tk6b/should_i_back_out/

We are scheduled to close 1/16/25. Yesterday, 1/13/25, our underwriter sent another email requesting more documents (we still don't have the clear to close). He requested a statement for my new credit card. I got it right after we applied for the mortgage, and then I read online not to do that. I have not opened anything else since. The credit card is a secure credit card with a $200 deposit. I just activated it yesterday just to show them the details on it. It has no purchases, and a $0 balance. What is the likelihood this will make us denied for the mortgage? submitted by /u/BandicootRoutine5156 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1i12qzz/did_i_just_screw_up/

Imagine being the original or amongst the early owners have having your neighbors buying homes and dumping 10x land value in a house. Y submitted by /u/Federal-Mistake5208 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1i11xcn/being_between_neighbors_of_fully_improved_homes/

Does anyone have any experience on buying homes and renovating strictly for profit? What are the pros and cons of doing this? Any big struggles working with renovation companies or money problems? Is there a way to tell how much actual value the renovation would add to the home and if it would actually sell or not? Please let me know any information on this as it's something i would be interesting in doing in the future. (I would personally do this in Texas or Floridia in the future if that matters) submitted by /u/Appropriate_Cup_5931 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1i101kt/renovating_for_profit/

This will be my first home purchase. I'm starting to feel this has been a very rushed process and I may have been a little trigger-happy on purchasing a home. I am buying the home "as is" and worried it needs too much work after longer thought. I'm basically at the beginning of my 15 day inspection right since the contract was signed on the 10th. My realtor was terrible at explaining anything and I have no confidence in them whatsoever. Can I still cancel the contract and walk away with my earnest money even though the contract states "as is" ? submitted by /u/Sensitive-Strain6200 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1i0aenj/can_i_walk_away_from_a_purchase_agreement_before/

I live in coastal Southern California well south of the fires. I’ve been thinking of selling my house but my husband is against it, and I understand why. We have a 3.25% interest rate. Our home is desirable because it’s historic and has low taxes. It’s a duplex and the rent would cover the mortgage but unless we Airbnb (not allowed where I live but some do it anyway) we wouldn’t make money on it. I want to use the money from selling to purchase an income generating property and live outside of the US. We don’t have kids and I don’t plan to come back and live in the US. I know this sounds crazy to most people but I’m not most people. We can’t afford to move if we don’t have the equity from the house. I’m worried about the future and can’t shake the feeling that I need to sell and leave. Worried about the timing and market given the fires. Also, afraid to make a bad decision and would love advice. submitted by /u/peachymoonoso [link] [comments] source https://www.reddit.com/...

Have your landlords paid the entire commission for their representation and the buyers agent too? What’s trending since the settlement? submitted by /u/Stock_Discussion7200 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1hzngrw/landlord_paying_since_settlement/

Hi everyone, I’m in a stressful situation and could really use some advice. I’m closing on a house on January 21st and planning to sign the documents on January 17th. However, the Washington Employment Security Department (ESD) has placed a lien on my property due to an overpayment determination from unemployment benefits that I received years ago. (I just found out about this Friday evening from the lender) Here’s the backstory: I was discharged from the military and began receiving unemployment benefits in good faith. The ESD later denied my claim because I didn’t verify my identity in time. Unfortunately, I was temporarily out of the country and didn’t receive the request. This never showed up on my credit report and I never received correspondence from them about a court case. Now they’ve determined I owe $7,500 (over $14,000 after interest), and they’ve placed a lien on my property. I’ve already filed an appeal, but the process takes time, and I need to resolve this ASAP ...

I am 18 years old and I have a passion in making impacts in people’s lives. I also love having my own schedule and being my own boss in a sense. There’s a lot of jobs out there but a few of them have all the things I am looking for in a job and real estate sounds like the dream job. Now, I am willing to work as hard as I can to become a successful realtor, that means learning from somebody, joining teams, etc. I am currently unemployed but searching for a job to get started anywhere. With all this information, I have a question. How do I get started - Pros & Cons - Stories - Money - …….. Any feedback or any reply would be great, thank you so much submitted by /u/iclipeverything [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1hzj6a4/18yr_male_looking_into_getting_into_real_estate/

So my wife and I want to move to another state. We found a single family fixer-upper home that's a foreclosure for $50,000 that we really like, and are in the beginning stages of getting pre-approved. The issue is, we don't have jobs set up in that state yet. We don't want to rent there for 6 months because a $50,000 mortgage would be 3x cheaper than renting, there's hardly any homes for rent, and the chances of a home this cheap in our dream area coming into the market again at that time isn't guaranteed. It also doesn't make sense that we would have to take out a loan for a vacation home because if we were somehow able to get this home, our plan would be that I go down there and live in it right away, so it would be my primary residence. My wife would stay and work at her full time job so that we have a stable income. Once I get a job there, then she would job seek until she finds a job there, then she'd quit her job and move in with me. Logically, I fee...

We are under contract for a home in a HCOL area, $1.6m and home appraisal came in at 1.575k, both buyer and seller realtors are surprised. What are your thoughts on this and how have you see this best handled? submitted by /u/julyket [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1hyv6s3/appraisal_gap_in_hcol_market/

My husband and I are in Vermont, looking for an older home with no major system issues that we can gradually improve, mostly DIY. We thought we'd found the perfect place. It's early 20th century and has been well maintained. It's adorable, it has some land, original wood floors, mostly restored with a couple still under ugly linoleum. It's been on the market for a bit, so after a bit of back-and-forth we landed just under the asking price. So, we quickly got our inspection going. Results were almost entirely positive - the original slate roof doesn't leak, and is just in need of standard maintenance, the foundation and structure are sound, electrical is 100A, but external wiring is sized for 200, newer propane heat and hot water. There's quite a bit of cosmetic/upgrade work to do, but it was all pretty much what we were expecting. Then we got to the septic. It has a newer plastic tank, but the leach system is an ancient dry well. It hadn't failed, but was...

There is nothing that can be offered to compensate eleven years lost but that’s what I’m left with. I’ve been promised and asked to trust this process that they will make things right. It’s been a year and I’ve been contacted not one time. I’ve spent countless hrs trying to find forums or any information that would give me an idea of what to expect. Anyone have personal experience being relocated? submitted by /u/versavisa [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1hyrxvd/eminent_domain_tenant/

Contractors and realtors seem to universally push for home renovations for selling. People on Reddit say to fix what’s broken but do no home renovations. Should I not trust contractors / realtors because they’re in a position of conflict of interest? Contractors want to get paid more and realtors benefit from a more expensive home and they usually have friends who are contractors. Also, wouldn’t a polished place attract more buyers simply because some families don’t want to deal with the hassle of trying to remodel? submitted by /u/Fun_Tea8162 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1hyrl27/who_to_trust_for_roi_on_home_renovations_before/

Hi everyone, I’m considering getting involved in selling UK property and would love some advice. My spouse works as an operational director for a property company that collaborates closely with a UK developer. They’ve recently secured a master agent contract for a second development in Manchester after successfully selling out 110 units from the first development in around 13 months. The second development is estimated to include around 200 units, with 1-bed apartments likely priced between £170k-£200k (price list still to be confirmed). I work in sales, but I have zero experience selling property or marketing to investors. I’m interested in stepping into this space, but I’m unsure where to start, especially with lead acquisition and targeting the right audience of investors. I’ve been considering two potential strategies: 1 - Partner with experienced property agents: I’d focus on distributing the development to experienced UK property agents who know the market and have a strong...

We need advice. We are entering into mediation over hand money. Long story short is the sellers did not agree to our asks after the home inspection. There were several things not up to code. We have small children and ask them to either fix or take money off and they refused. We decided to terminate during the contingency. Period they refuse to give our him money back so we are entering mediation. I have absolutely no experience with this and no idea what to expect or what I need to prepare for and our agent that represented us is not being very responsive. She has all of the details times stamps dates, etc. what transpired between her and the sellers agent. What do I need to prepare for or have for mediation? Should she be attending as well because she has all of this information? submitted by /u/Less-Chocolate2810 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1hxdcrc/handmoney_mediation/

Hello all - my wife and I continue to work on finding a house in Michigan. We have found a home that we love the look of (layout, new, seems quality to a novice). The home is a spec home from a custom builder in the area ... and despite loving the look of the home, I do have some reservations. The home was built in ~7 months - is this typical for a quality new home? Unfortunately for the seller, the first thing the realtor at the open house started telling us that this is someone's kind of first solo-build/prove-it project for her builder family. The home has well water, and a septic tank in the front yard. The garage is unfinished. It has been on the market for a few months, has had two open houses in the last two weeks, etc. It is $825k - and appears overpriced to me. My wife wants it 😁 Any takes on spec homes in general, what to watch for, and/or this one specifically? Thanks yall! submitted by /u/mkestreetsweeper [link] [comments] source h...

We purchased our home back in 12/10/23 but we’re looking to sell relatively soon (3-4 months). We bought it for 317,500 and even then it actually appraised for 405K not sure why and we tried to get a HELOC and the home appraised for 400K 3 months ago. Looking at homes around as well seems to really solidify these appraisal, how bad would capital gains be if we sold the home 16 months after buying and the home went up 82,500 in value. We live in NJ if that makes any difference submitted by /u/cuba3000 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1hxdps6/capital_gains_tax_on_selling_real_estate/

Hello! A little over two years ago I bought my first apartment in a big European capital aged 27 as a single mother. I did not have much savings but I could benefit from a very advantageous mortgage scheme offered by the city for young / low income citizens (I have a 30 years fixed mortgage - now almost 27 years remaining at 1.5% fixed interest - average interest rate at the time was 3.8/4%). I also spent 25k in renovations including heating, new electric, added a room and finishing. Now I’m in the situation where I decided to move countries and I’m facing the decision weather to sell or rent it out. A few things I’m considering: •I think this apartment in this city will increase in value •I pay 800 euro mortgage and I could easily rent it out for 1.200. However, I also pay 1.200 a year property tax per year so the profits on rent for now would not be so advantageous - this might change in a few years when princes go up. • rental income is not taxed here highly but it might be wher...

I put a fair offer in on a home, if it matters at all, the previous home owner had lived in the home since 1983, has recently deceased and we're dealing with the daughter (POA). Just had an inspection yesterday and along with a slew of other concerns, 75% of the wooden windows don't open and I'm not sure if it's unreasonable to ask that all of the windows get replaced or ideally upgraded to vinyl so we don't get stuck footing the bill since the price we offered was fair market value for a house in that neighborhood in much better condition than this one. submitted by /u/tametrees [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1hwl9k7/is_it_unreasonable_to_negotiate_for_all_19_wooden/

Its been 2 days. My previous mortgage broker applied for pre approval at Scotia. I didn’t like her service as she wasn’t responding well and rates were high. I shopped and got lower rates at Scotia directly. Underwriter refused to proceed until previous mortgage broker canceled her application. I reached out to her, she told me she did send all paperwork to cancel but not able to send any proof and said it has been flagged as “Branch conflict” as 2 applications went in and Scotia will review internally as it is suspicious. My new broker said she is mudding the water. I sent an email to my new broker at Scotia with a written consent to cancel the application by my previous broker. 2 days and no response yet. Its just frustrating. Has someone faced a similar situation? If Yes, What is the way around? I don’t want to lose a good rate just because of my previous mortgage broker. Should I be stressing out or it is a normal process? Closing is in 30 days submitted by /u/Away_Ca...

Hello, I'm so new with buying a property right now. I have some question about it. This is will be my first time buying a house. I have bad credit score. I'm trying to build my score now by getting into a FDR program and get rid all of my credit card and unsecured loan. It's been a struggle for me since I made a lot of bad decision since my divorce financially. I was able to increase my credit score from 16 point in 1 month, because I started paying off my credit card that has low amount. As right now I'm making about 75k/year. I'm not sure how much credit score to I need to get to buy a house. Me and boyfriends are planning to move in together and I'm working on paying my debt before we are buying a house together. I probably should take to some expert about it. And I'm not sure where do I start? I need a lot of help with this. I think financially I will be much more better this year because I have get rid some of the responsibility that draining my ...

I’m 22, about to graduate, and moving to Miami for a job after school. I know I’ll be here for at least the next 5 years, so I’m considering buying a condo. This wouldn’t be for renting or Airbnb—just a place to live and hopefully build some equity. Here’s what I’ve noticed: while rent and single-family home prices are still high, condo prices have dropped following the laws passed after the Surfside collapse. I’m aware of the risks—assessment fees, HOA issues, and other condo-specific concerns—but renting for 5+ years seems like I’d have nothing to show for it in the end. I’d rather put my money toward something I own. I’ll have a high income after graduation, though my current budget is somewhat limited due to a lack of money set aside for a down payment. I’m looking for advice on where to search for a simple studio or 1-bedroom that has the potential to retain its value. Any suggestions or tips on what to look for would be greatly appreciated! submitted by /u/Single-Newspap...