I have found a house in Ontario on my own, without a realtor and contacted buyer's realtor for the showing. I already had a house inspector looking at the house. Now I'm interested to put up an offer, wondering if the fact that I'm going without my own realtor is saving me money any way. Should I offer buyer's realtor to represent me as well (yes it is legal here) and since he is earning double the commission, I ask him for a cashback? Or do I hire my own agent if that is somehow beneficial to me? Grateful for advise. submitted by /u/Miyorio [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1kbbhmu/need_advice_buying_house_without_realtor/

Our house shares a relatively small retaining wall with the neighbor's property along our driveway. At the sidewalk where it starts, the wall is level with the ground then increases in height to about 4-5' at its tallest down our sloped driveway. The neighbor's house is roughly 6-7' away from the edge of the wall and sits higher than our house. There's a section in the middle of the wall that has been cracked for ages and juts out about 1.5". I'm concerned it might be getting worse and want to have it inspected and hopefully repaired (if possible). From what I've researched, it appears ownership of the wall should be split between both property owners. Here's my concern, let's say it rains really hard and the wall fails. Our side would likely only be left with concrete and dirt to clean up without any major damage. However, the neighbor's home could be structurally in danger. Is there a chance they could try to come after us for those da...

I've never lived in either kind of home, so I'm looking to those with more experience. I've found a neighborhood I like, where there are homes I like that I can afford. However, I'm unclear which would work better, given my lack of experience in these circumstances. It's essentially the trade-off between privacy and size. I'm seeing a semi-detached I really like, but it's small-ish. C. 1900 sq ft. 3BR/3BA (we might change to 2.5BA to have room to open-plan the kitchen and move the washing machine out of the kitchen into the ground floor bathroom). Has its own driveway, but no garage or basement. Small yard (back and side, contiguous). Good build quality. A corner row-home. Virtually the same 3BR/2.5BA layout and floor plans as the above, but tiny backyard patio that does not feel private at all. But it has a large basement and 2-vehicle underground garage with a shared driveway/ramp. 6% cheaper than the semi-detached. Slightly better location (10 vs 2...

Hi, I just want to know what recourse I have here. We were under contract with a seller, and the appraisal came back at 205k when we were listed at 229k. The sellers walked - I don’t blame them. The problem is the appraiser didn’t account for ANY improvements we made. My realtor said in the report that they said the only improvements made were interior paint. So we gathered receipts of all the improvements we made - new front door, new windows, exterior paint, new AC unit, new water heater. Totaling to 18k. The comps the appraiser pulled were 3bed, 1.5 bath ranches. Our house is a 5 bed, 2.5 bath two-story. Because of this appraisal, they walked, we lost the sale. Ended up accepting an offer for 222k (previous was at asking), and having to pay another month of a mortgage I should’ve been free of. I am upset and frustrated. Grateful we are in a new deal at all though. My realtor has been fighting the appraisal, but I didn’t know if there was anything else I could do. Edit - thank...

We are thinking of buying a 1075sft house. It's a split level like many around here and right now it is 1 full bathroom upstairs by the 3 bedrooms (one of which is more office sized). The other full bathroom is just down stairs. Was thinking of taking the office and turning it into a master bath/walk in closet for one bedroom. Then taking the downstairs bath out and widening the second living space there. how much would this help or hurt our property value? submitted by /u/PizzaTacoCat312 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1k9sxtg/remodel_3rd_bedroom_into_master_bath_and_walk_in/

Basically title, my elderly Italian neighbor passed away, or at least I am sure of it. We never see her anymore, and her home was listed for sale briefly, before we saw the "THIS HOME IS MANAGED BY XYZ COMPANY, IT HAS BEEN WINTIRIZED, ANY THING RELATED TO SALES, PLEASE VISIT HUD HOME STORE.GOV" paper Now I see some painters, her furniture now removed, and doors and windows replaced. Does the government really renovate home internally like that? I was hoping to get a good deal out of it. The 2nd concern I have, her sleezy neighbor was not the best of people. She used to complain on how he cut her camera lines because he didn't like that they were pointing on his property (I live in an extremely tight suburban area, any camera in any direction sees your neighbor) That neighbor has taken down the fence between him and my elderly Italian neighbor, it's petty, but he's been utilizing the space. If I decide to pickup the home (which I intend to do, I like the pro...

For context, my boyfriend has been cheating on me but I don’t know the name of the girl and he doesn’t know I know about it. We’re in a long distance relationship, I will confront him very soon but need more proof. One of his close friends sent me his location and he was at someone house I’m not familiar with, I’ve checked the past owners but nobody I could find information about or anyone that has a last name that’s one of his friends, I believe the house is rented and I would like to know if I can find a way to check who the renters are? submitted by /u/Good_Bumblebee5422 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1k9r9o9/find_who_rents_a_property/

I'm moving out, but gifting the home to my GF. I want to do this - don't ask. The house is worth ~100K. No taxes owed. Also anything else I need to consider real estate law wise? What if I list the sale price of $1? submitted by /u/flaming_pope [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1k908sx/if_i_gift_a_home_to_my_gf_not_married_does_she/

I wanted to share a story that’s been equal parts emotional and overwhelming. My great-uncle was one of those larger-than-life people you just never forget. He never married or had kids, but he always treated me like family in a way that really mattered. He was sharp as hell, a bit of a ladies’ man even well into his older years, and had this way of living that made everything feel like an adventure. We all loved him. We always knew he owned some land — it would come up in stories here and there — but we had no real idea of the scope until after he passed. Turns out, he left me nearly 20,000 acres spread across the western U.S. Not one big property either — dozens of parcels, all different sizes, scattered across several states. Some of it has old structures, some is just raw wilderness. Some pieces are beautiful… others, I’m told, might just be tumbleweeds and headaches. I’m incredibly grateful, but also trying to stay realistic. There’s a lot to figure out: taxes, maintenance, p...

Hey everyone, I’m helping a woman who was evicted while hospitalized find a place to stay urgently. I could also really use some extra cash to fix my car. Is it possible to earn a finder’s fee for connecting her with a landlord? Should I be upfront about wanting one, or is that not common? Any advice from people with rental or real estate experience would be hugely appreciated. Thanks in advance! submitted by /u/Special-Bother-2842 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1k8a692/how_can_i_capitalize_in_this_situation/

I'm going through a divorce and the home I share with my ex in NYC has been on the market since August. We've lowered the price to be, from what I can tell, pretty competitive for our zip code. A smaller home with the same number of bedrooms just went into contract in our neighborhood and it was listed for the same price. There is no one currently interested in it, though. No one has scheduled a second showing ever, and we've had no offers. I moved out last summer and I've run completely out of money trying to pay two housing payments. I don't know what to do beyond drop the price to something so absurd that maybe finally someone will decide to take it. Does anyone have any advice? Happy to share more details if that's helpful. submitted by /u/Temporary_Pirate_499 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1k88h5w/home_has_been_on_market_for_250_days/

I am currently a student, and i came up with a real estate development idea, but I'm not sure who i can pitch this to. Is anyone able to help me? submitted by /u/rascallllllllll [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1k871dd/student_with_a_real_estate_idea/

Hi all - we're in the process of purchasing a home. It's in an area with mostly historic homes and we thought the home was from the mid 1900s, but it turns out it was basically fully rebuilt with only original foundation left. Everything else is ~25 years old. That said, there's a laundry list of inspection items that were raised that leave us a little concerned and are hoping for those with more experience to weigh in on whether you would proceed. The house was disclaimed as having an older (but good condition) roof and an older (but good condition) water heater. It turns out the roof has had multiple leaks that have been patched, and on top of it has multiple areas where water has started to leak through and rot siding, essentially needing an immediate full replacement to be insurable. The water heater is much worse than expected, with significant corrosion and as our inspector put it "risk of imminent leakage." It will need replacement. The foundation itsel...

Hey so i currently live im a stick built home that we bought for $190,000 about 5 years ago. We still owe $175,000 but the value of the home has gone up too $330,000. My idea is to sell my home and get a modular home and out it on some family land which theyve already offered us to build a house there. How exactly would this work? Id like to take the profit from the sale and put it towards the modular. Would i need to get a new mortgage for the modular and the pay it off after selling or is there a way i can wait to pay it off till my current house sells? submitted by /u/LawfulnessWeak2159 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1k7j44i/buying_modular_home/

Is this scenario possible? Sell a rental, purchase a new property via a 1031 exchange that will also be a rental for at least two years. After the two years are up my family would possibly be moving back to the US and possibly live in the house as our primary residence. Is this breaking any 1031 rules? submitted by /u/ozzyngcsu [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1k7jbtp/1031_question/

I am going to put my house on the market. It is beautiful, large and contemporary. Additionally, I will need to buy a new home. I had a prospective agent to my house. It was a standard meeting. She walked the house, made suggestions, showed me comps, reviewed what her company would do for me, commissions, etc. She left and said she would get back to me with what she thinks I should list for. It’s been almost 2 weeks and I’m have not heard back. I’m shocked. My experience has been that agents are quick and responsive. submitted by /u/STLGALINBLACK [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1k7j4dz/ghosted/

i am purchasing a home with a $1M mortgage. I will also run my business out of this property, which will involve me investing about $500k into the property to build out my workspace. i am planning on living in this home for the rest of my life (currently 43yo) with my family. I am looking at a 6.625% 30 year fixed rate or an ARM in the 5.875 - 6% range (depending on ARM length). Curious what folks strategies would be here. The savings difference, though significant, wouldn't make or break this purchase but I still want to make the smartest long term decision balancing risk, free capital, etc. Any tips? One compounding factor: I may have trouble re-qualifying when refi time comes around if rates drop, however the lender offers a program where you can pay $2k and re-amoritize into the current rate environment at any one time during the life of the loan. The only catch is it has to be the same prodcut (10 year arm --> 10 year arm, or 30yr fixed ---> 30yr fixed). THANK YOU...

We are moving to an area where home prices are falling and there is lots of inventory (in the South). I suspect RTO policies have something to do with this, as this was a popular place for rich Northern people to move during covid WFH days, and there were lots of new developments built over the last few years - so a lethal combination of high inventory and people being forced to leave the area for jobs has softened home prices. That being said, we are finding that many sellers don't want to budge much on price, even if their homes have been sitting on the market for a while (for months, or even a year in some cases). We have made 2 offers so far (one at 15% below current list price and the other at 25% below), and the sellers each countered by lowering their prices only slightly (3% and 5%), so we moved on. One home has been on the market 317 days, and the other 97 days. Both have taken 2 price cuts so far from original list price. We came up with our offer prices via a fairly t...

Hi, I'll be entering college soon and my parents will be able to cover it (either at Clemson or Columbia SC). My dad has been telling me I should buy a propety in college. He told me about co-signing with me and wants me to do this long term (probably not with only co-signing I'm guessing). I have aspirations to go to grad school in the future and work in my passion (not realty). Not sure if the plan is for me to be a full time realtor in the future or part time, but what do you all think about this? What should I know? He also mentioned potentially having college friends live with me but pay rent so it goes to my down payment, but I find that hard to see friends agree to that. submitted by /u/Additional-Bother827 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1k6qc9n/is_this_a_good_idea_in_college_cosigning/

Question 2: Can I do a 1031 exchange to a similar property in a foreign country? submitted by /u/Personal-Cellist1979 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1k6muh5/if_i_sell_an_investment_property_do_the_capital/

Currently looking at houses in Maryland. I've been working with a realtor here that works for a large brokerage. I found a house I want to see which has the seller's agent none other than the CEO of said brokerage. From my understanding, dual agency is illegal in our state, but two different members of the same brokerage is fine. The dilemma here obviously is the seller's agent is my (buyer) agent's boss. The BIG boss. Are there any issues I should be made aware of if I decide I want to buy this property? submitted by /u/ComplexConcepts [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1k5xjdt/dual_agency_delimma_in_md/

Just wrapped up a crazy month with 3 closings and wanted to share what's been working for me lately with staging. We all know how crucial staging is, but let's be real - it's expensive and time-consuming. I used to spend $2500-3500 per listing on traditional staging, and the hassle of coordinating movers, designers, etc... don't get me started. So I've been experimenting with different approaches that give the same "wow factor" without breaking the bank or consuming my entire week. For partially furnished homes: I'm doing what I call "hybrid staging" - using what the seller already has as a base, then adding just a few key pieces to elevate the space. Throw pillows, statement art, and plants do wonders. Most sellers are happy to invest $300-400 in accessories that they can take with them. For empty properties: This is where I've seen the biggest change in my approach. I used to panic at empty listings, but now I'm using a mix of: ...

Has anyone heard of a 5% total commission with a 20% rebate from the listing agent (effective 2.5 to 2 split between buyer and listing agent)? Are there any concerns I should have as a seller? submitted by /u/w0lfieofwallstreet [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1k5v8at/interesting_seller_commission_structure/

I started reviewing my official offer to put on a house that my realtor wrote up for me to sign. And I realized that my realtor helping me with getting this house is the wife of the man that is assisting the seller in selling thier house, that im trying to buy. Can this be a concern in any way? They do work for different companies, but it makes me feel weird for some reason. But I feel maybe it's a good thing too? Idk what are the thoughts on this? submitted by /u/Tator_tott_1111 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1k4z1u4/should_i_be_worried_that_my_realtor_is_helping_me/

Just bought a house in Fairfax County VA. The EMD is in but we haven't settled yet. I don't want to risk getting it in too late and missing settlement. Any downside to putting it in early? If something goes wrong before settlement am I still able to get it back? Is the ideal to wait until the last minute and then put it all in or doesn't it matter? submitted by /u/garbage_bag_1357 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1k51ylx/va_downside_to_early_sending_of_funds/

Hey, looking for some advice. I own a three bedroom house which is currently empty as I have moved abroad to teach. Rent prices for houses as such are around £1500pcm in my area. What are the pros and cons of renting my place out to tenants? I’ll be away for at least 3 years… apart from the obvious - it will create a flow of passive income, agents will chase up on things or negatives that tenants may not look after it and they may be difficult to get rid of, when I did decide to move back, what else can I expect as pros and cons of renting my place out? submitted by /u/Coldblood-dragon [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1k515p5/unsure_what_to_do_rent_my_place_out/

Hi everyone, I'm a first time home buyer, that's also engaged. We found a home, that was originally bought by an LLC to be flipped. There are some great pros to the home, but also there are great cons as well. Pros: Great kitchen In our price range Has a great backyard Plenty of space for us to grow our family Cons: Previous foundation work done, that was not comprehensive, so this could lead to further costs The home is from 1960, there are galvanized pipes in the home, that already show signs of needing replacement: low flow, leaks I see somewhere between 20k$ to 50k$ of contracting work for various issues after the big two mentioned. I can't tell whether to continue with further inspections by specialists, or to walk away. What would you advise? submitted by /u/dijonmustard4321 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1k50b1y/seeking_recommendations_on_whether_or_not_to/

If I wanted to buy a house, all cash, but have someone else actually pay for it, must their name be put on the deed? It's no issue for them to simply gift me the money first, just curious. submitted by /u/ComplexConcepts [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1k4bqmw/deed_requirements_maryland/

I've checked los angeles and buying a developed 5000 sq ft lot can be as cheap as 200k, so why not put a manufactured home on it and sell for 500k, or buy undeveloped land in the santa monica hills and make it ready for the home and then sell it for 2mil? And other major cities like Chicago or Detroit have lots for way cheaper than 200k so what would be the problem in doing this type of thing and why did nobody do it yet?? submitted by /u/amongusgusgus [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1k49ji4/why_dont_people_in_big_cities_buy_land_add_a/

I put an offer down on a house (Ohio) that's pretty great and they accepted 5k under asking price per my Real Estate agent. I'm doing a home inspection later today. I'm signing documents right now. Can someone explain this to me like I'm 5? "Mark the applicable statement: lwe wish to receive a copy of the appraisal report or valuation no less than three (3) business days prior to the closing of my/our loan. Or I/We wish to waive my/our rights to have a minimum of three (3) business days after receipt to review my/our appraisal report or valuation prior to the closing of my/our loan" submitted by /u/sadjadedheart [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1k49bg9/appraisal_questionnewb/

Im really curious as to whether or not those who are well educated on real estate in america, feel as though real estate stands a better chance to not getting wiped out like 2008. Do we have better infrastructure? Or maybe its all the same, and 2008 didnt teach us anything. submitted by /u/gardenwarriors34 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1k4657q/differences_in_market_today_vs_2008/

Looking to move from our area into a new city and start fresh. Moving from south florida to Orlando area. I can’t decide if I should sell my property or rent it out. What would you suggest and why? Home Value: ~$645k Purchase Price: $390k Outstanding mortgage: ~$300k Interest rate: 2.875% submitted by /u/rmustafa11 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1k3jdov/i_cant_decide_if_i_should_sell_my_house/

https://www.youtube.com/watch?v=Qfg83xJ-LMM submitted by /u/Capable-Slice-1143 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1k3hmcu/why_cities_are_becoming_unaffordableand_whos_to/

So my parents are in the process of buying a new house. It’s a private deal with a “friend” and it’s a bit of a clusterfuck. I don’t even want to get into how they ended up here, I just want to help them get out. They are using the same lawyer as the seller… things in the contract were not followed, such as the move out date… in the name of you can trust a “friend”… like I said, it’s a clusterfuck. Seller realized they could get more for the house than the current agreed price, and has been acting quite unfriendly as they feel “cheated”. Things got really bad approaching closing date, as they still haven’t moved out their things out of the house. Stating they were kind enough to my parents by giving them extra time in the contract to sort out the mortgage and giving them a discount, but won’t return them the kindness by giving them extra time to move out after the closing date etc… attacking my parents’ character… threatening to call the police to get back the keys they gave to my pa...

I’ve been in FM for a few years now and I really want to grow, but I’m struggling a bit. The thing is, I don’t report to anyone with an FM background! I report to the head of shared services (mostly HR), so I don’t really get exposure to the strategic or technical side of things. Lately I’ve been feeling like I need someone to follow , like someone who really gets FM, but also talks about leadership, mindset, and where the industry’s heading. Not just hacks or tools, but someone who gives you a bigger picture and makes you think differently. Anyone you’d recommend? Someone you follow online, maybe a writer, speaker, or even a community I should check out? submitted by /u/Clear-Phrase828 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1k2t741/whos_a_good_mentor_or_thought_leader_to_follow_in/

Hi, This my first time dealing with home inspection. Would you please recommend a trusted inspection company in NC that I can hire to perform a FULL new construction inspection before closing? This might be a dumb question, but would you trust your real estate agent to bring an inspector to perform the new construction before closing? And what type of inspection should I request? Does FULL inspection cover everything including structural, sewer, etc … Thanks a lot for any of your comments. submitted by /u/theindepndnt [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1k2vj8x/new_construction_inspection/

Buyer is requesting a $2500 credit after inspection even though the inspector found nothing major. As seller, we originally countered with $800 and buyer accepted it. Agent then prepared a contract amendment which buyer has signed. Looking at the amendment, buyer is basically getting the $800 as free cash. Can we update the amendment so that the $800 goes to title office and buyer can only get it if they actually carry out repairs and provide receipts to title office within a year? During the negotiation process, buyer has asked for several things such as lowered sales price, home warranty, seller pay for title policy, professional cleaning, etc. We made several concessions already, with the caveat that the house would be sold as is. Now that they’ve done inspection and use the inspection report to further lowball us even though the inspector pretty much found nothing wrong with the house, it just leaves a bad taste in the mouth. We offered $800 verbally and immediately regretted it, ...

Is infrared inspection worth it? I'm about to start hime inspection process and this was offered as one of the services. submitted by /u/supernaturalfan4 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1k1wtbs/infrared_inspection/

I have noticed in the past few months, as I’m looking for a property to make an Airbnb, that many properties have issues that would not pass inspection, therefore the buyer would not be able to get a mortgage on said property. Like these issues are super clear – the roof is missing multiple shingles, there has been clear, water damage, etc. When I would ask the realtors at the open house about this, they would just shrug. Then, what do you know, the house sits on the market for two months, and there’s a new roof put on it. Is it a strategy to see if someone will come in with cash and it not have to pass an inspection? Or is the seller not willing to take feedback, and we just waste a few months? I see it all the time, in about 75% of the time I see that the seller makes their repairs, and then three months was just lost. submitted by /u/Purple_Love_797 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1k23al3/question_for_realtors/

From what I am understanding so far is that Mortgage Lenders are usually put as the "Loss Payee" on the HOA master insurance policy (and that this is part of their requirements) so that they will fund the loan. Is there a particular reason of why the HOA insurance broker would refuse to do this? submitted by /u/vibrant14 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1k1zu3s/hoa_insurance_broker_refuses_to_insert_mortgage/

We bought my parents house and added an in law in 2012. They live with us but it’s been not the best experience. Our relationship has gone severely downhill in the last 13 years to the point where we barely speak. It’s a long story I don’t need to get in to, but my husband and I are ready to move on, separately. We don’t like the town anymore, the house doesn’t suit us anymore, and we hate the very busy main street the house is on. We had the discussion last week with my parents and they agreed to find their own place. I got so excited that my future was finally looking brighter and we didn’t have to be stuck in this house with my parents anymore. Called a realtor yesterday, discussed our options. Selling won’t be a problem, but buying could be because sellers are not taking offers with contingencies. So basically our options are to sell and move in with family (not an option ) or to rent (which is $$$ and we have 2 dogs). I’m feeling so bummed because it took me so long to get the ...

Really, really liked a house, but one major constraint is that I’m not sure I’ll be able to fit in a home gym (big deal for me). The house’s floors are reinforced by concrete, but I do Olympic weightlifting and deadlifts etc, so I’d much rather do this on the ground floor. I don’t have the floor plan but I’d guess it’s 19 x 38 kind of thing. (Existing setup is a small TV room, closed kitchen, full bathroom, stairs, living room). submitted by /u/learnworkbuyrepeat [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1k184vi/750sq_ft_enough_to_fit_an_open_concept_kitchen/

Born and Raised on Oʻahu. we found a house that we loved back in February. It had everything that we were looking for.. offered 10k over asking and we didn’t get it. Now, I only want that neighborhood and no one is selling anything in our price range there. Everything else is 1mil + … I’m starting to think that we will never find anything in that neighborhood again.. I work in the hospital in town.. I have to be at work within 30mins for On call .. everything outside that neighborhood is too far even though it could be the same city. Hahaha.. What are my locals folks doing to buy a home?? submitted by /u/xokim- [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1k15deh/giving_up_hawaii/

Toured it yesterday - looking for a stranger’s opinions on an offer price. Thanks in advance. https://www.zillow.com/homedetails/1000-N-Harbor-Ct-Atlanta-GA-30328/449576801_zpid/?utm_campaign=iosappmessage&utm_medium=referral&utm_source=txtshare submitted by /u/Chrg88 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1k0hqly/how_much_would_you_offer_on_this_home/

I’m 32 and a first time home buyer in California, does anyone have any experience with purchasing property as an investment such as buying a multi-family property? I was considering looking for a duplex, living on one side of it and renting out the other! Anyone have any experience doing this or advice? TY in advance. submitted by /u/sac2kings [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1k0ggnx/is_a_duplex_a_good_idea_for_a_first_time_home/

Hello everyone, I’m seeking some clarity on the tax implications related to a rental property that is currently managed under NoBroker. The monthly rent is ₹60,000, and the security deposit collected is ₹1,80,000. In this setup, the tenant pays the rent and deposit directly. NoBroker deducts a 6% fee from the monthly rent, and the remaining amount is transferred to my account. Here are a few questions I had: For tax filing purposes, should the income declared be the gross rent paid by the tenant (₹60,000/month), or just the net amount received after NoBroker’s 6% deduction? Is NoBroker’s 6% management fee considered an allowable deduction under 'Income from House Property'? Regarding the security deposit – while it’s refundable, it may not always be returned in full. Deductions can be made for end-of-tenancy painting charges, property damages, or if the tenant vacates early without notice. In such cases, are these deductions from the deposit taxable, or do they fall und...

Bought a new build townhouse a week ago. I was happy that my agent got $5k off the listing price because negotiating anything with a new build seemed rare. However, I just saw that the townhouse literally right next door that was priced higher got $17k off the listing price! It was listed at $1M and sold for $983k, while my home listed at $990k and sold for $985k. I know there's nothing that can be done now, but I'm astounded that my neighbor+agent was able to get such a discount. My agent said that it was very difficult to get $5k and that was the most the builder could have offered. Seeing other homes in the neighborhood's listing and sold price, the most I saw was also $5k. Did my agent do a bad job then? I took his word that it was the most that could be done and didn't really ask for another round of negotiation. Maybe I seemed too eager to the builder. submitted by /u/limpmint [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1j...

Anyone who has purchased a builder floor in Delhi on private land and not DDA? I have got a few questions to ask submitted by /u/Carpet-Efficient [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1jzms3j/property_related_question/

We’ve been outbid 3 times while asking over 30k each time, outbid by cash offers, etc. we’re looking in a sought out area but no new homes have come up. Will may and June still likely be “popular” months for this market? submitted by /u/AlternativeGreen6400 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1jzlnb4/are_may_and_june_popular_months/

We closed on October 31. My first property tax statement was the winter statement due in February. Should I leave tax related questions to 2024 blank? Or fill in using information from the winter 2025 tax statement? For example, "Value of Home", which asks for taxable value from the property tax statement. Which I do have for my first 2025 bill, but technically don't have any 2024 bill. Should I fill in with the available taxable value information that I do have (i.e. it is a stable value that won't change until my house is reassessed?)? Or should I leave it blank? submitted by /u/MaybeAThrowAway69696 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1jyw1cy/bought_house_late_in_2024_first_property_tax/

Found a piece of land in a major city that used to have a row home on it but the structure burned down and was removed in 2011. The land is up for sale and I noticed that it still had a two car garage on the property and nothing else. Was curious if I could just refab the garage and never build a house on the land and use the garage as storage? submitted by /u/TheTrueJonah [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1jytdv6/buying_a_plot_of_land_with_a_garage_on_it/

I am majoring in management & technology (BS), currently with a vague idea of pursuing business analysis upon graduation. I'm intending on using this as a means to the ends of getting into real estate later. Does the BA -> Real Estate progression make sense? And is this profession concerned about my GPA? I'm doing BA first because I'm broke rn, and real estate is financially demanding. submitted by /u/RockmanIcePegasus [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1jyslnb/does_going_from_ba_to_real_estate_make_sense/

In coastal cities, for my case specifically Newport and Laguna Beach, would a property sitting front row on the bluff or a property where you literally walk out to sand be more valuable per square foot? How does hillside (Newport Coast) with panoramic ocean views compare? submitted by /u/Comprehensive_Ad7251 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1jy3ys0/whats_more_valuable_beachfront_or_blufffront/

I own and sell 2 big industrial properties in Croatia (Europe) and want to network with Agents & Businessmen! Hello, I am selling two big industrial properties: 1) Building plot of 26.000 m2 with all infrastructure, strong electricity, strong gas etc...road and railway on the building plot + it is possible to pollute - building plot is located near capital of Croatia, Zagreb in industrial town of Sisak. It takes 35min from the airport / from Zagreb by highway to Sisak and 200km to big port of Rijeka. Price: 1.2mil€. https://www.youtube.com/watch?v=lnlyt_8BEMc 2) Building in Roh-Bau phase, 2500m2 it can serve for administration / hostel for workers / lab, at the same location as the building plot, Sisak, Croatia. 1mil€ Both real estates are not linked one to another, so they can be sold and used individually. Croatia is well known as touristic destination and for its sports achievements, although small by population of only 3.7mil, the countryside has good and growing industr...

What will the lender verify if you tell them you lost your job? Do they inquire as to the reason you lost it (i.e. layoff vs termination vs quitting)? Does it impact getting back the earnest money deposit at all (assuming financial contingency was not waived)? submitted by /u/zorutoraaku [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1jx8sn9/losing_job_during_financing/

Hello. We have discussed with our realtor but I always like hearing additional thoughts 🙂 How does Easter weekend typically affect showings/offers/etc or how do you think it will? We are silly (read: dumb) and didn't realize we booked our out of state trip to go house hunting over Easter weekend. We're choosing to list Thursday with showings starting Friday so that us, the toddler, and the dogs can be out for showings. Sounds and looks like there seems to be a shortage of housing unless you want to build a smaller house for more money in our area. Anyway, was just curious what your thoughts and experiences are with Easter weekend or if it really even affects it at all. submitted by /u/bambi0793 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1jxbujt/listing_easter_weekend/

If you're selling a house and get through inspection and one of the asked for kitchen appliances breaks down one week later (because it was old), before closing. What is the best way to handle the situation? Do you recommend disclosure and some sort of monetary compensation? If so, How much? Been advised to "replace" but it is a very old appliance that was a miracle it lasted as long as it did? It was worth $0. I want to be a good/honest seller but replacing an old appliance (which was observable when touring property and buyers did not have inspected) seems unrealistic. This was not intentional. I just think honestly is the best policy here. I'm confused by the realtor "something has to be there that's comparable". So we are trying to vacate but now have to buy an appliance? An appliance worth way more than what was there? As a buyer I would be agreeable to a discussion with understanding as the appliance is definitely not the reason I want the house. ...

We are in the process of buying a home. Our attorney just shared report from the municipal search, which includes the town card. The appraised value on the town card (not assessed value for taxes) is $180,000 lower than the Zillow value. Our offer is close to Zillow value. Our question is that: what does this huge gap mean? Our lender waived appraisal. We are in a hot market (small town but very little inventory) and expect to pay a bit higher than appraisal but $180K seems crazy. We will appreciate any insight into this. Thanks! submitted by /u/ngdaredare [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1jwpsfr/appraised_value_on_town_card/

I am currently in attorney review in NJ. I am a first time homebuyer, so all this contract stuff is confusing and frustrating. I thought it best to hire an attorney for attorney review so I did. There was this added language to my contract: As-Is Sale & Buyer Responsibility for Certifications: Buyer acknowledges that the property is being sold in its present as-is condition, with no warranties or guarantees from the Seller. Any inspections, certifications, or requirements necessary for settlement, including but not limited to municipal, state, or lender-required certifications, shall be the sole responsibility of the Buyer. Buyer shall obtain and pay for all necessary permits, approvals, or inspections as required, with no obligation on the Seller to make repairs or provide compliance documentation. Seller will obtain the Certificate of Occupancy. and this is the standard contract language regarding as-is / inspections: (D) Buyer's Right to Inspections. Buyer acknowle...

Trying to learn the real estate sales mechanism. What does a listing agent do for a homeowner beside posting it on MLS, having professional photos taken, and installing a for sale sign and a lockbox. submitted by /u/Independent-Fi [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1jwil6g/whats_the_value_proposition_of_listing_agents/

What is the suggestion of amount of dwelling coverage that I should have on my new home? Purchase price is $425 and one insurance carrier had $329 for dwelling (and reiterated the rest was just land) but seemed low to me. submitted by /u/AlGuMa27 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1jvwn6i/home_insurance_dwelling_coverage/

We made an offer on a house in North Carolina. The disclosure form indicated "NR" on foundation work. Question A9. But we just saw a social media post from the seller in 2020 talking about foundation work they had done on the house. Were they able to check "nr" on the initial disclosure form from fall 2024 even though we now see a review of foundation work they had done in 2020? They did address other work they had done (like crawlspace space encapsulation) so it seems odd they ignored the foundation work. submitted by /u/GigiAlabaster [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1jvv5lj/north_carolina_question/

Born in ’89 – Seen Success, but 2020–2025 Has Been a Wild Ride Born in 1989, I’ve seen and felt success. But damn… 2020 to 2025 has been an absolute disaster—and I know I’m not the only Millennial who feels this way. Everything I’ve worked for or believed in seems to have hit a wall. Meanwhile, the polar opposite seems true for others. Gen Z is blowing up through social media, Gen Y folks happened to land in the right place at the right time, and Older generations cashing in on investments made back when the economy wasn’t forcing us to turn quarters into $5. It feels like the world flipped upside down. I know a lot of Millennials feel the same way—like we were promised something that never quite showed up. Call me crazy, but I see the POTUS tariffs as a massive wake-up call—especially for people in government jobs, teachers, or even “successful” entrepreneurial types who’ve climbed their way up (and some who scammed their way there). We’re about to see a commercial real estate e...

В центъра на София напълно ремонтиран и обзаведен с ремонтиран покрив, вътрешна и външна изолация, висок таван и двор…. Пишете ми за подробности submitted by /u/Foreign_Ice_468 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1jv0l08/малък_мезонет/

I can’t separate myself enough from the situation to make a clear decision. Here is my situation in bullet points. Annoying as it may be, I think it’s more efficient. •Bought a TH end of 2021 to be near elderly mother who I’ve just moved into AL and am cleaning out her house for sale. •Used agents unfamiliar with the area, did not know of neighborhood’s bad rep. HOA is also terrible. •New HOA BOD is planning to force a roof replacement project this year , even though our roofs are <20 years old. Mine will likely cost $20K. •Many people will not be able to afford it. HOA will start filing liens and foreclosures. Property values will plummet. •Like my place - large for a TH, nearly 2,200 sq ft - but hate my neighborhood and area. However, mortgage + HOA fees are still less than rent in many places. •If I leave and rent it out, still end up having to pay for new roof, which I can’t afford. Also, HOA now requires a $4k deposit to them on top of 1st, last & security to owner....

submitted by /u/itstommygun [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1jubmuc/im_paying_cash_in_full_for_land_but_im_also/

So here’s our terrible situation. My husband bought a townhome in 2022. I want to start with: This is a financial decision I never would have made and had he and I been more serious at the time I would have begged him to not buy this place. But we weren’t and now here we are. To start he paid 20-30k more than anyone in our neighborhood did EVEN IN 2022. He just let his realtor take him for a ride and didn’t do any research or negotiation himself. So now in 2025 we are trying to sell. He’s in the Navy and we have to move March of 2026 to somewhere else in the US. We have a new baby and with the amount he paid for this place on top of HOA fees, and a property manager fee (I don’t know why we pay this but it’s required by HOA apparently.) we cannot afford to rent this place out. We owe $256k on our loan. Our house is currently priced for sale at $275k. Someone in our neighborhood just listed our exact unit with similar upgrades at $240k. I’m thinking we probably won’t get a sale unles...

I found a duplex (rare here) right in the center of the city where that’s very high demand, I imagine reselling years later. Only thinking about staying for 4 years. However, the bedroom is a renovated attic with low slanted ceiling, this takes up like 35% of the room. The duplex Itself is a bit small 435 sq ft. It’s livable, just a bit cramped. The location is amazing but the property is a bit tight. Do you think this will be a major issue if I ever wanted to rent it to tenants down the line or when I resell it years later? I’m always hearing location location location. submitted by /u/dianatransf [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1ju9i7y/is_location_more_important_than_the_property/

Hihi :) Im not all too sure how to word this but ill give it a shot, so me and my wife have been on the house hunt for a few months now, and we have found a few that check most of the boxes that we had for what we are looking for. My question is, is there are a few houses that have been sitting for 4-6 months, and while we have seen the house disclourses, we just cant get over what the houses are being listed for. Would i be out of pocket if I was to offer say 50k less than the listing price? Say 150k for a house listed at 200k? The worst they can say is no Im open to opinions and cant wait to hear what everyone has to say submitted by /u/Autistic_Parasite [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1jtgi55/house_sitting_for_6_months/

Hey everyone, we’re looking at buying a house that definitely needs a bit of a cosmetic refresh inside. One thing we’re unsure about is the exterior rendering — it doesn’t look great, but we’re wondering if it’s just superficial and could be sorted with a good wash and paint. That said, we’re a bit concerned it might be a sign of something more serious, like damp or mold in the walls, which could lead to bigger problems down the line. We’re pretty new to all this, so any advice or things to watch out for would be really appreciated! submitted by /u/Flat-Sandwich5599 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1jththh/black_marks_and_cracks_on_rendering/

submitted by /u/Warm-Advice5426 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1jtheen/as_a_tc_how_do_you_find_highperforming_agents_i/

I currently live in a new construction house, where the actual house I love, but there is an alley and no view and tiny yard. And now having 2 kids I really regret. I hate seeing my neighbors house right up against mine every day and everyone’s garages and driveways through my living room window. There is a new house going up for sale that is the corner lot. It is a cheaper model than ours, one step down. And some of the things they chose inside the house I would maybe redo down the line. But their basement is finished (unlike ours) and they have a much nicer side yard that looked out into the neighborhood lake as well. And no matter what I do, I’ll never be able to do more than the current non existent yard we have. We’ve only been in our house for 2 years so it feels stupid to move. But we really like our neighborhood, I hate our lot, and am really considering this switch. Their house is listed 200k more than we bought for our home. Would it be dumb to buy a smaller home for the y...