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Showing posts from May, 2025

Am I being unreasonable on this final walk through issues.

https://imgur.com/a/74g7sAk See above link for video and pictures, this is just from two worst two rooms, but most of the house has something like this going on. I know it’s all superficial damage and it’s not reason to walk away completely, but the sellers are unwilling to provide any credit after the final walk through. I was asking for 2k credit for this. For context I offered 5k over their asking price and didn’t ask for anything after the inspection, this is the first time I’ve balked at anything. submitted by /u/Roto_Head [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1kzupfr/am_i_being_unreasonable_on_this_final_walk/

Rent for other units dropped immediately after I paid security deposit/application fee, haven’t signed lease yet.

I haven’t signed a lease yet only a contemplated lease contract as I wait for them to run their background check. Is this something I can negotiate or should raise alarm about? Again, the price for other units in the same apartment complex dropped significantly a day after I paid my security deposit/application fee. submitted by /u/Living_Wickihowla [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1kzse3f/rent_for_other_units_dropped_immediately_after_i/

Zillow has two listings for the same property

One listing has the property history but is in the wrong location. After claiming the property, it no longer shows the past listing photos. It shows an aerial view of the incorrect location. There seems to be no way to correct the location. The other listing for the same address has no information but is in the correct location. It shows a street view image of the correct location. Does anyone know how to correct this? submitted by /u/miscellaneousliving [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1kzqryo/zillow_has_two_listings_for_the_same_property/

Deposit when seller has conditions.

I'm asking this here because due to terrible timing my RE agent is on vacation and I haven't communicated with the agent covering for him yet. We made our first offer on a home on Wednesday and it was signed back to us yesterday with a condition for the sellers to have 5 days for a lawyer to review it. We asked to extend the finance and inspection conditions to 7 days. Signed and submitted. Apparently this is common with an estate sale? But we are still required to make a deposit within 24 hours. Why do I have to make a deposit when the sellers are the ones who can current kill this deal? Obviously I'm going to do the deposit shortly but to me it seems like I shouldn't have to make a deposit until they waive their condition. submitted by /u/reluctantbookeeper [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1kz2i8z/deposit_when_seller_has_conditions/

Wood shims above foundational columns

There’s a house that was originally built modular but converted to be a permanent, standard home. Prospective buyers would like the shims to be addressed. My inspector from when I purchased the home has a clear photo of the shim on the column and no comment about it. Is it a legitimate issue that needs to be addressed? Is my inspector liable since he clearly documented it when I purchased the home but did not flag it? As an aside, according to the neighborhood handyman, every single house in my neighborhood had a wood shim+foundational column set up as this was allowed then since they were modular homes. https://imgur.com/a/PF1cQNo https://imgur.com/a/SfAkPsS submitted by /u/w0lfieofwallstreet [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1kz1dvg/wood_shims_above_foundational_columns/

Should I sell stock to pay in full for a rental or just enough to make a down payment and mortgage? I’m planning for the future trying to make goals—and even though I’m not in a position to ask this now, I want to make sure I have a plan for when I am

A small forward to any readers: I own my personal home outright with no mortgage if this matters for determining mortgage portion of the question. Now my question is: When my brokerage account reaches 250-300k, should I sell the whole account to pay cash for a second property to use as a rental, since the house appreciates and the rent comes in too (and then invest that)? OR Should I only sell $75,000-$90,000 worth of stock and make a 30% down payment and assume a mortgage in order to keep the snowball in the brokerage account as big as possible while adding the rental (and mortgage)? What makes the most sense? What do other investors do? I would like to buy some property but don’t want to leave money on the table. submitted by /u/SnooPeripherals5234 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1kyybih/should_i_sell_stock_to_pay_in_full_for_a_rental/

Rentals in neighborhood

I am currently interested in a local listing so I checked out the property card online and then started looking at the property cards of the homes surrounding said property in the interest of avoiding homes near rentals. I'm not sure exactly what to look for (except LLC purchases) but what I am seeing is one home next door was sold for 0.00 and is in the name of the now deceased owner, one is under the name of a trust, and one was sold for $1.00 (I'm assuming it was sold to them by their parents). How can I interpret the ownership of the first two properties? submitted by /u/help7676 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1kyarwx/rentals_in_neighborhood/

First time fitting skirting boards. Tips on finishing and fixing?

I’ve been working on refitting the trim in my hallway and finally tackled the skirting boards last weekend. It’s a pretty straightforward job overall, but getting the corners to line up cleanly was more fiddly than I expected. I ordered the boards from Skirting World . Went with a simple chamfered MDF style to keep things clean and modern. The boards arrived in good shape and pre-primed, which definitely saved me a step. Cutting and joining the mitres was the most satisfying part, but also the part that tested my patience the most. Even with a good mitre saw, walls that aren’t perfectly square can throw everything off. I ended up doing a few coping cuts for internal corners, which worked out better than expected. Sanding the edges lightly before fitting made a big difference in how clean the joins looked. For those of you who’ve done a full room or more, do you usually glue and pin the boards or go all in with screws and plugs? I wanted to keep it neat without too much wall damage, ...

Mike and Rachel's Flat

Hi, I love Suits series! I''ve watched plenty of times (sometimes I dont watch S8 because i think it slow down a little bit the show) and this morning while I was having breakfast I think about the Mike and Rachel's Flat. I remember that its told to us that is in Manhattan I think, but my questions are: -It is said if Mike bought it without mortage? In this case how much money Mike earn in a year to buy a Flat in Manhattan in one payment? -If bought with mortage, how much do you have to earn at minimum to just sit in the bank to negociate it? The life in manhattan or ny itself its very expensive as i know. I'm from Spain and these questions seem very curious to me, because with the situation of the real estate market here it is quite difficult to get a home if you are not in the 40% percentile and you buy with your partner. Sorry for my english, thank u for the answers. submitted by /u/Alvaroyd1 [link] [comments] source https://www.reddit.com/r/RealEstat...

Resuming mortgage on deceased father's home.

I have notified the bank that the loan is through, showed up In person, and was told to email an address. I tried making house payment while I was at the bank, but they said they couldn't accept it. The lady at the bank said I had to go through mortgage company, but only gave me an email. I've emailed them twice without any response. Now the mortgage hasn't been paid this month and I fear I'll lose the house. I've lived here since he got this house because I was his caretaker. I actually lost both my parents recently. It would be nice if someone sent me something in the mail or called me to point me in the right direction. I've lost enough the past couple months and I don't think I could handle losing the home too. I just feel like I'm being avoided. Wish the bank would help me. I don't know a whole lot about this stuff. I have money saved up for mortgage payments and other bills, but not a lot extra for a lawyer. I know these people really don...

I Buy Houses

I am currently finishing up the sale on my parent’s house, who have now passed away. Hence the flair. When I got married, I had lived in my house for 17 years. There was no mortgage on my wife’s house, so obviously we moved there. I was a single man with a child, I didn’t have money to upkeep and maintain the house as well as needed. I opted the We Buy Houses route. They bought my house for $55k (which was less than I owed at the time!) and flipped it for $105,000. (I have to drive by it a lot) Now that I am coming into some money, and hate my current job, I’m wondering is this a viable route as a profession? I have a great realtor who has been a family friend for a long time. He has connections to contractors, etc. Sold my mom’s house over asking price in 4 days. Pros and Cons of entering this? I know the market is different than it was when I sold 2017. Is $120,000 enough to start with ? What type of loans are available ? Am I crazy? I’ve always wanted to work for myself. I g...

Pre-1976 manufactured home as vacation home - am I stupid?

Made an offer on a 1973 manufactured home on a permanent foundation by the beach. The trailer is cute, well-preserved and in pretty good condition, but the more I read about old trailers the more concerned I get. I still have time to back out at inspection, on my first walkthrough I noticed a few random issues that will require fixing, and I'm sure there will be others. The trailer is on a neighborhood street [NOT a trailer park] in a scruffy but established beach area with a mix of trailers and houses, some quite nice, some crappy. No lease, no HOA, I will own the 5000 sf lot straightaway. It is on my favorite block for walkability/quiet, and has beach access, and great water views. I'm only paying $30 or $40k over what I estimate to be the value of the land, and 20-30% less than a small house nearby would cost. You could one day tear it down and build a great view house. I'm not going to do this soon, but in 10 years it might be realistic. The trailer would be for pe...

Home appraisal or fair market analysis?

I’m new to this group, and new to the real estate process. My father died, and the family needs to sell his home. How do we decide on a selling price? Prefer to not use a realtor to sell, but should we get a realtor to do a fair market analysis? Or do we get an independent appraiser? What selling price will be higher/lower, a market analysis or realtor? (A family member may be interested in buying, but we are not sure what the price should be). Thanks in advance, any info is appreciated submitted by /u/Bostondoge1221 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1kwmpx5/home_appraisal_or_fair_market_analysis/

How are showings going in 28715 area? No traffic for this listing.

This listing has been out 28 days. I understand people had concerns about tariffs and increase in interest rates. I know there is been a big holiday as well but I've only had one showing since it's been listed. I didn't know if anybody had any insight for the Asheville area or on this listing as to why it may not be pulling any traffic. We even did 17,000 price cut. https://www.zillow.com/homedetails/55-Indian-Trail-Rd-Candler-NC-28715/5594785_zpid/?utm_campaign=androidappmessage&utm_medium=referral&utm_source=txtshare submitted by /u/trytoresonate [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1kwl4ks/how_are_showings_going_in_28715_area_no_traffic/

House Isn't Selling 😞

We listed our house at the beginning of May and have had minimal showings. We are moving out of state and would like to at least getore showings or get it under contract. We have already lowered the price but I am against the realtor who keeps insisting it's priced correctly. Looking at what is going under contract right now, we finally are in the same price range that closely matches reality. I have had some investors make me offers. Any advice is appreciated. We have had to start packing now and the house probably is going to show worse with no wall decor and moving boxes. https://www.remax.com/fl/tallahassee/home-details/8696-alexandrite-ct-tallahassee-fl-32309/2702912152660720641/M00000166/384974 submitted by /u/PlasticJournalist938 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1kwkfys/house_isnt_selling/

Ghosted by Agent at the End?

Just like the title reads, we’ve been ghosted by our buying agent at the very end and I’m looking for advice here. We’ve been working with an agent in the area we’re moving to since March. She convinced us to put in an offer on a home that’s been on the market nearly a year considering we had a home sale contingency. Our offer was accepted and she was wonderful in the beginning of the process. She checked in almost daily, made sure things were being done in a timely manner, etc. We ended up running into a situation in which the buyers of our current home also had a home of their own to sell. Seems to be more common now because many folks just don’t have the funds to buy a home without the proceeds from their own home sale. Our selling agent and the other agents down the chain have been wonderful with communication and ensuring the process is as smooth as possible, but our buying agent absolutely lost it over us not being able to find an offer on our home that wasn’t a home sale conti...

Dual agency mess

We are selling our home in a Northeast state that allows dual agency. Our market is still pretty strong for sellers. However, we have a house that's near the top of the market in our suburban town, so we envisioned it being harder to sell than an entry level home. We listed the home 3 weeks ago with one of the most productive brokers in town. One of the reasons we picked this realtor is that she claimed to have a very strong network of buyers. On day 6, we received an offer for 13% less than list price, from a buyer our realtor represented (dual agency). On the one hand, we were grateful that the realtor had produced this buyer from her network. Our realtor claimed this buyer was not even in the market for a new home, and that they were someone in her network that she'd proactively reached out to as she thought our home would be a good fit for them. The offer is 13% lower than list price and has mortgage, appraisal, and inspection contingencies (these are often waived in our...

Selling my house, leave all fixtures and screws?

We put our house on the market earlier this month and got what our realtor referred to as a “unicorn offer”. All cash, 25k above asking, waived inspection and quick close. Obviously we accepted asap and have a closing date of 6/27/25. Now we are slowly packing up room by room and I’m wondering how much we should be doing/what to leave for buyer. Our attorney said we need to leave anything that’s attached to the wall but we have a lot of decor items that once removed will leave many walls with screws or hooks sticking out. Example- we have a picture wall on the living room wall with about 7 framed paintings plus 2 shelves, we are taking the paintings with us but I assume we leave the shelves. Do we also remove the screws and anchors holding the frames in place? Patching and painting over the holes feels a bit extra especially when the contract states the house is to be purchased “as is”. How did everyone else handle the removal of personal items? submitted by /u/bskies-297 [lin...

Best wins on Sheriff Sales.

For those that have participated in Sheriff Sales Online Auction and won big, what amount did you bid and how much of a win was the property? There's a nice property that I'm looking at and have never done one of these, but I'm still hopeful. It's got 20 days lefts and 0 bids. I'm hoping that I can bid at least 5k and win big. Does that seem too low, even if I'm the only bid?? Also I'm hear to mostly hear about others success stories. submitted by /u/MuddyBrainz [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1kvr3tt/best_wins_on_sheriff_sales/

How to prove I was not in foreclosure because of non payment???!!

If my mother in law forged a lien against my house would that ultimately end in a “foreclosure” she put a lien on my house that’s forged wrong date different degrees for address it’s to a house I inherited not the one in foreclosure. Now they’re saying my house went into foreclosure for nonpayment I didn’t miss any payments I had deferment for 6 months with PNC bank. They won’t disclose anything it’s all forged online on clerk of court and 2 new defendants are added to my house?? She did a continuous marriage affidavit?? We are both married and still alive? Did she get any money? She caused my foreclosure how do I prove it or how to press charges?? PNC already has class action suit bc of this so why was she not prosecuted?? This was 7 years ago and I’m just now finding it. They made me look like I was in foreclosure when my house was total loss and I had to pay off way more then the loan was for. What do I do? submitted by /u/Only-Ad-3428 [link] [comments] source https://w...

How to go about rent to own with family and them staying in the home?

Father recently passed and my brother is trying to tell the rest of us what we should do with dads estate and my very ALIVE mothers estate. To me, thats kinda messed up….. I have talked with mom about buying her house just to tell him to go suck it. Of course i do not have anywhere near the money needed. I do not want to take out a loan. I have talked with mom about giving her a certain amount of money per month (for x amount of years or death, whichever is first) allowing her to stay there until death, (even if i have paid for it in full) with me paying taxes and her just paying her utilities. How could we legally go about doing this so my brother cant try to screw me in the end. (he already said he was going to contest her will… hope he does cause there is a clause that said if contested, the person contesting would get the share of a dead person. meaning nothing) This brother has always been horrible to her. Tells her he will come fix something then ghosts her. Says he will visit,...

Trying to close on a house I’m purchasing but the sellers have 2 mortgages assigned within 3 weeks of each other from a while ago

So as the title says I’m purchasing a house and the title search revealed what appears to be 2 separate cash out refinance mortgages taken within a couple weeks of each other. 1 of the mortgages was satisfied a couple years ago but the other just seems to have vanished. The second mortgage was taken out with a lender that no longer exists and the seller can’t produce a satisfaction but says it’s an error. They are offering to have another title agency insure title and provide written explanation that second mortgage is null. My title company and attorney say this could work, but are leery to insure it themselves. Is this deal dead? submitted by /u/skropper [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1kuw5bj/trying_to_close_on_a_house_im_purchasing_but_the/

Property taxes

Just had our offer accepted on a house but also found out that the previous owner who was there for 10 years never once appealed their property taxes. They are considerably higher than all of the other neighbors by at least $2000 a year. The deadline to appeal has passed already for this year. We plan on appealing as soon as we can next year but anyone else been in a similar situation? submitted by /u/willli2468 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1kuabri/property_taxes/

HOA lawsuit on our condo is coming up as we’re about to close

Here’s the situation: our HOA had a hail claim denied for some roof repairs by the insurer. The insurer eventually agreed that the hail damage was covered, now there’s a lawsuit basically saying the HOA wants more than what the insurer wants to pay out. A motion to compel appraisal was granted but the appraisal hasn’t been done. We knew about this lawsuit and disclosed it properly, but it has only come up now, about a week from closing, for the buyer’s lender. I think the lender may misunderstand and think the lawsuit is about whether there will be coverage for the damage, not how much the payment will be. I’ve been on my HOA board and a special assessment has never been discussed, because all the HOA wants is for the roof damage to get covered, whatever that costs. I plan to ask the lawyer to write a letter basically saying the lawsuit isn’t about whether coverage is offered for hail damage, but how much the claim will ultimately be. Will this be enough to satisfy the lender’s conc...

Plenty of showings, no offers. Should we hold or drop price?

Located about 15 minutes from Philadelphia (south NJ) We listed 11 days ago, and have had about 25 showings so far, and have an open house tomorrow. We actually bought about 6 months ago, and am needing to sell and move out of state, I put a lot of work into the house in this short time, all new appliances, new sink, new flooring in the enclosed patio/laundry, new vinyl fence. In 2024 a new roof, new electrical. House appraised for 365k when purchased (for whatever that's worth), and per the realtors suggestion based on comps, we listed for 355k (5k more than purchased.) Zillow and Redfin claim the house is "hot", has 4k+ views and plenty of saves, which made me feel hopeful, but all the showings with no offers have me worried. Not sure if that number of showings is good or not for the area, but according to my realtor it means the price is fine since there is interest, and dropping the price wouldn't make a difference. However, I am needing to move to the new s...

Selling in a hot market (Long Island- Nassau County)

I just bought the house next door to me in PA. I have a house in Nassau County, South Shore, that my mom is living in. It's a 1500 sq ft 3 bed/2.5 bath split with an apartment that my mom lives in (bedroom with a small kitchen and full bath). I redid the roof around 20 years ago, siding, floors in the kitchen, new sink, stove, pulled up the green carpet that was there, painted. The house needs work. When Sandy happened, I ripped out the drywall but didn't refinish the basement again since I had just done this before Sandy happened. I had thought about selling before. The realtor wanted me to put in 150k and redo everything, new kitchen and bath, paint, pull up the carpet. I don't want to put this kind of money in. Then, the realtor said she had an investor and offered me a really low ball offer, like half of what the house was worth. I felt taken advantage of and it wasn't a good experience. The "Zestimate" is 750k. Would you spend the money renovating a h...

Maybe a silly question..

I'm not currently trying to sell a home but I recently watched an episode of King of the Hill where Peggy stages a play during an open house(se 12 ep 17) and honestly, it does seem like a genius idea.. maybe not at all practical but... I was just wondering if anyone has actually tried this or heard of people trying. Did Mike Judge just completely fabricate this? or is it something realtors have tried in the past? submitted by /u/SeeSquaredGaming [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1ktdoa1/maybe_a_silly_question/

Beginner

What would the cheapest way I can get into real estate. I’m want to buy and flip or rent out houses. Really want to know what houses I should be looking for and how much money I really need to be able to get started. I live in Alabama so house prices aren’t bad out here. I’m 19 so I don’t know if that would mess with any documents. submitted by /u/Fuzzy-Zone3069 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1ktdhbm/beginner/

Offer expires before the next viewing, what is best to do?

We have been trying to sell our house in a small town for the past 3 weeks. We had around 7 viewings and two offers. One was too low and they didn't want to negotiate and the other one is 5% below asking price. But the offer expires 2h before another booked viewing. The price they offered is the lowest we would feel OK accepting (not the happiest for sure), but because there is someone else interest in seeing the house, it makes me wonder if we would get a better offer. The house is small with a large yard, we did major renovations in the last few years, but the basement is unfinished. There are no other houses in a similar price range as ours, and it's probably a starter home. I know we are the only ones being able to decide what is best to do. But it's our first time selling a house and still not so sure what is the best course of action to take. Because we have only received 2 offers in 3 weeks, is it better to just accept this offer, try to give a counteroffer or t...

Texas. Knowing I'm going to sell and buy in a year. Going to get real estate license and MLS access for about $1300.

I was going to do a flat fee listing but decided I'm just going to knock this out, spend the $1,300 and get the license. Going to sell a property for about $350K and then at a minimum spend $150K on a lot or land. I did the math. It's a no brainer. Someone tell me I can't do it. submitted by /u/nriegg [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1ksluyz/texas_knowing_im_going_to_sell_and_buy_in_a_year/

Should I combine my two lots?

I'm not sure if this is the right sub for my question, if there's a better sub let me know! We purchased our home (Lot A) in 2018. We have a great interest rate, 3% and an affordable monthly payment. Last year, the vacant lot next door came up for sale (lot b). Lot B is almost the same size as our lot, minus the house. It has city water, a new septic tank and electric. We took out a HELOC to purchase Lot B, with the eventual plan to build on it. But we can't decide if we should: 1.combine the lots into one parcel and build an ADU (fewer building requirements, we can keep more of our yard, cheaper) Or 2.keep the lots separate and put a manufactured home in Lot B (more expensive, more building requirements, could rent it out for more). If we combine the lots, how does that affect the mortgage on Lot A? I'm assuming we'd have to refinance, and I'd hate to lose our great interest rate. Whatever we build will be rented out until some of our elderly relatives n...

Mortgage broker or bank for loan?

I need a small loan for Next home for just a few months as a bridge until I put my house on market and sell it - my area has been selling in 1-2 days going over asking price…. Opinions appreciated on mortgage brokers versus using a bank for this short loan? I have excellent credit and no debt; current home is paid off. Currently have a mortgage broker and have had some issues… submitted by /u/Miserable_Proof5509 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1kruqv1/mortgage_broker_or_bank_for_loan/

Normal realtor/lender behavior?

I think I know the answer to my question - but is it normal behavior for a mortgage broker to draw up a contract for a house I bid on without discussing terms with me? Basically deciding on the years of mortgage and put a point in the contract when I discussed and it is well known I am paying off the entire mortgage in a few months when my house sells? No discussion, no quick call, just here’s your contract - sign sign sign. An amendment to the contract I requested was generated and literally 6 emails and a call were sent by lender over the afternoon to get me to sign sign sign. I realize they will get little money when mortgage is paid off almost immediately but it seems unethical to sneak a point into the contract without discussing. Normal or should I find another lender - which would not be a problem… Also I do not have a signed contract with my realtor to act as my buyer. Is this customary to do so? It was never brought up. submitted by /u/Miserable_Proof5509 [link] ...

Need Insight: Multiple Offers, No Deals: Is My House Cursed or Just Bad Luck?

Realtors , I could use your input. I’m selling my house in the Southwest US, listed at $385,000—which is exactly what it recently appraised for. It’s priced right, clean, and ready to go. I had multiple offers in less than 28 days, but here’s how it went down. 4 bailed after we countered: slightly. 2 with full price offers and then asked for $10K+ in closing cost assistance. FHA buyers. Another agent nixed the deal because they NEEDED the 3% commission to help their buyer with the downpayment. One buyer looked strong on paper... couldn't secure financing in the end. 7 DAYS BEFORE CLOSING! Conventional buyer who's decided not to look at other loan options and still hasn't produced the loan denial paperwork. So I'm pretty sure they flaked and I'm getting ready to dig my heals in to keep the $10000 deposit. My agent has been in the game for almost 25 years and hasn't seen buyer/ market behavior like this. I'm pissed! I'm in full “move out mode.” for...

[Buyer] Is my realtor failing to represent my interests?

I live in a VHCOL. A condo has been sitting for 90 days, originally listed at 1.2, before slowly being dropped to 1.16, then 1.08, now finally 995k. We offered at 950k the day after they dropped to 995k and were told: "$950,000 is not a price point that my sellers are willing to consider. If we not be able to sell at or above this new listing price in the next 2 weeks, then we will rent the property for the next 12 months and review things again in 2026. " Another week passed, still no sale. We want to send a second offer a 980k. Our realtor is refusing to send the offer. They're very strongly pushing back because: 1) They very strongly believe anything below asking won't be accepted. 2) The sellers of the condo also own the downstairs unit and my agent worries pressuring them to sell, even if they accept, will result in animosity that harms the long term health of the condo association. I feel that their communication of this risk is appreciated, but they'...

Looking into getting licensed in Ohio

Hello, I am looking to get licensed in Ohio and am not really sure where to start. I currently work an hour away from home (leave at 6am, home at 6pm). I guess I am posting due to not knowing where to start. Where am I able to take the courses online. Is there a time frame the tests need to be completed? With my busy work schedule and having 2 kids under 5 I am thinking I would only be able to allocate 2 hours a night + maybe 5-10 hours on the weekends. I am open to any and all recommendations or opinions and I have been in and out of wanting to start this journey over the past few years and now find that I am some flexibility in my schedule to get this done. submitted by /u/No-Basil2371 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1kr49k4/looking_into_getting_licensed_in_ohio/

Advice on loan from parents

I am planning on buying a new apartment, with handoff this year end. Its a 2BHK, slightly outside the main city area, but close to public metro and highways. The house costs 85,00,000 INR. Rental income pn average will start at around 25,000 to 30,000 per month. My parents want to help me finance this house. They gave me 2 options - 1. Register it in their name. They keep total ownership, rental income and also pay the tax and maintenance. Once I can repay them the original value of 85,00,000 INR, the house is mine. Register it in my name. I pay for the maintenance and collect rent. They will set an interest rate of 7% per year, and I have to do monthly payments to them, for a period of 10 years, based on my income currently. Which option would you recommend? Both seem to have their own benefits. submitted by /u/Common_Panda1913 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1kr2um9/advice_on_loan_from_parents/

Pricing Your Home Right: A Strategy for Maximum Offers

The Critical Role of Your Listing Price Setting the right price for your home is arguably the most important decision in the selling process. Price too high, and you risk languishing on the market, deterring potential buyers and eventually leading to price cuts that can make your property look stale. Price too low, and you could leave significant money on the table. A strategic approach is essential. Effective pricing isn't just about picking a number; it's about understanding market dynamics, buyer psychology, and your home's unique position within the current landscape. Understand Market Value vs. Your 'Wish' Price It's natural to have an emotional attachment to your home and a desired sale price in mind. However, the market dictates value. Market value is what a willing and able buyer will pay for your property in current conditions. Detach emotionally and focus on objective data. A Comparative Market Analysis (CMA) from a real estate professional is ...

Where to buy?

This is as ambiguous of a question as they come. Situation: looking at moving from Melbourne, Australia to the US. Unsure where to buy (or rent) Must haves: house in a walkable neighbourhood. Can rely on car for groceries but need to be able to go to a few places for dinner/drinks/coffee by waking (up to 20 minutes walk ok) Independent businesses (like not Starbucks for coffee or a chain for dinner) Houses for 800k or less (or townhouse if houses don’t exist at that price in these areas) Nice neighbourhood feel Probably looking mountain or pacific time zone. Preferably not rainy and dreary half the year. Family is in Illinois so will start there and then move. If I’m dreaming, tell me I’m dreaming! submitted by /u/milkyjoewithawig [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1kr0syw/where_to_buy/

Thinking of buying a house with a steep almost 30 degree driveway...

We really love the house, but the driveway is long and incredibly steep, one of the steepest I have ever seen, honestly I dont know how they even got a permit for it. Its an almost 30 degrees steep / 58% incline at the worst part and there is also a tight left hand turn at the top. I managed to drive a 2wd honda hybrid up it , but it struggled and that was in the dry! It was a bit scary too and im fairly comfortable with my cars usually (do a bit of offroading and racing in my past) We do also have a FJ Cruiser which would probably be fine and be actually quite fun, but I do also have a motorbike, which I wouldnt dare to. It doesnt snow here so thats not an issue, but does get wet quite often. We are stupid for even considering it right? The temptation is huge, because it is a great house and will get discounted because of the fact. Should we buy it? Or are extremely steep driveways every bit as bad as they seem...? submitted by /u/freeknz [link] [comments] source h...

Negotiation

Hello. Just finished the inspection and found major things and minor. I agreed with my realtor that the minor things we can cover but the major items would need to be addressed, so we only brought up to the seller roof, insulation, and crawlspace. Seller is fixing the crawlspace support beams, fixing the soft spots in roof, and getting the insulation tested. Am I unreasonable for not being satisfied they are willing to pay temporary fixes and not the entirety? Did we make the mistake of not providing the entire list of items that need repair? My realtor has stated it’s not bad considering they’re paying the closing costs as well. But we would eventually have to front that money AND fix the other items over time. A few of the finds aren’t completely cheap either but we preferred the major items be fixed and we’d cover the minor items to assist the process. Seller offered to repair the soft spots instead of replacing the entire roof, even though the roof is gonna be due within the nex...

Can I get a home loan with no income?

I found a mobile home that I really like and was wondering if it’s possible to get a loan with zero income. The price is 50k I would have about 10 to 15k for down payment. submitted by /u/nb9611 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1kq5oo5/can_i_get_a_home_loan_with_no_income/

What is happening with average rent on the Zillow Rental Market?

All the sudden, there's a huge drop in average rental costs on Zillow for May compared to April as well as compared to May last year - $700 in SF and something similar in other cities. What is happening? submitted by /u/the_odovacer [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1kpc2kr/what_is_happening_with_average_rent_on_the_zillow/

Advice Needed: Best Way to Tap Equity from Paid-Off Home to Buy Another in Cash?

Hi all, Looking for some financial advice. I own my current home outright (worth around $500K, purchased around $435k cash 2 years ago in Orlando) and am considering buying another home in cash for ~$350K. Rather than selling my current home, I’d like to tap into its equity to fund the purchase. What would be the smartest way to access around $350K? From my research, I’m seeing a few options: • Cash-out refinance • HELOC • Home equity loan • Bridge loan • (Or maybe I’m missing a better option?) I’d prefer to keep monthly payments manageable and ideally fixed, but I’m open to hearing pros/cons for each route—especially from people who’ve done something similar. Not planning to sell my current home anytime soon, and the new property would be a primary residence or possibly a long-term investment. Any insights or personal experiences would be really appreciated! Thanks in advance. submitted by /u/Savorymoney [link] [comments] source https://www.reddit.com/r/RealEstate/co...

Should I sell or rent?

Hey all, I'm having a hard time deciding whether to sell or rent out my townhouse. I purchased it 7 years ago for about $750,000 with $400,000 down and a 30 year 3.25% loan. Since then it has barely appreciated and is currently worth about $800,000. Problem is that this was always meant to be a starter home, and with a recent divorce I do not want to stay any longer. Location is a VHCOL area. Between the mortgage, HOA and property taxes, I would break even and earn nothing if I were to rent it out. I'm leaning towards selling but hoping to get more opinions here. submitted by /u/alexsofluffy_ [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1kpe6w6/should_i_sell_or_rent/

Accepted offer.. how do I shop rates?

Sadly this is my third home purchase..hopefully the last. We are under contract on a new place with our current house also under contract, contingent on closing on the new one. Closing date for the new place is about 6wks away. I have always worked with a local bank lender he is really great and I honestly have no complaints. With prices getting so high and rates doubling since my last purchase I feel as if I need to rate shop a little bit just to keep him honest and my due diligenc. We got pre approved obviously(no credit pulled, he knows me and our income so). Probably going to pull credit this week and potentially lock in a rate. Since rates change daily my question is when should I go to another lender and ask for a quote? I assume a new lender will want all the details and need to pull my credit again? So do I do it the same day? Can I lock one in and then back out if I find something better? If I found something better I would prefer to give my current lender a chance to mat...

Selling My First Home & Really Struggling

I have owned my home for 6 years now. I’m 29 years old. My partner and I (together for 10 years now) bought this home for the beginning of our lives together after we got married; however the biggest reason was to provide a bigger space and our own home for our soul dog, a GSD named Maverick James. He was 2.5 years old when we got this home (we have had him since he was 8 weeks old). He has gone through many moves and hard times with us but this home was his HOME and we made it our home. We recently lost him 3 months ago very unexpectedly 💔 We have a great opportunity to purchase a larger home on a larger piece of land, and we are already committed to the idea. I’m just really struggling to let go of my first home where my soul dog lived most of his life… the home we bought FOR HIM. Can someone please give me advice and let me know that it’s okay to move on from your first home? 😭😭 I never thought I could own a home at my age so the idea of letting go of my first home that was for ...

Real Estate Attorney (Or Possibly Other Attorney) Need To Get A Lien That The County Filed On My Property Removed.

Real Estate Attorney (Or Possibly Other Attorney) Need To Get A Lien That The County Filed On My Property Removed. The short story is, I sold a piece of property two years ago with owner financing. The buyers never made any mortgage payment payments and I foreclosed on them. It was then discovered they were still living on the property legally. I filed an eviction notice which took approximately a year to complete. I then relisted the property for sale upon sale. I found that the county had put a lien for code violations. It’s important to know that these coded violations were put in when the property owner had an active eviction on the property and was the one calling the county to try and get the legal trespasser squatters off of the property. And that those illegal trespassers were the ones damaging the property and causing the violations. I’ve called the county and explained this, but they say there’s nothing they can do and I can either pay the amount, which equals pretty much t...

USDA Guaranteed Loan

How long after underwriting approval, are we seeing it take to get the final USDA loan approval? submitted by /u/rowdownthestream [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1knzg4y/usda_guaranteed_loan/

Is 35 too late to start a new career that pays well

I want my fiancée to either start working or begin studying something she enjoys but that also has good earning potential. I currently pay all the bills, which is fine, and I’m happy to pay for a course or qualification for her if needed. She’s 35 years old, and I wonder: is it too late to start a new career at this stage? To be clear, I understand it will take time and effort to build a career and reach a good income level, and I know it won’t be easy. I just don’t want her to start something with a low ceiling, where even after years of effort the financial return is still limited. So my question is: What are some realistic career paths or industries in the UK that she could start now and eventually earn £100k+ per year? Any advice, personal experiences or suggestions would be greatly appreciated! submitted by /u/lucasribeir [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1knxxqr/is_35_too_late_to_start_a_new_career_that_pays/

Finally found a decent apartment in Houston without getting scammed (AI tool helped me)

Bruhhh I’ve been trying to move for weeks and kept running into sketchy listings, ghost landlords, or places that didn’t even match what they advertised. It felt impossible to find a decent spot under $1,500 that wasn’t falling apart. Then I found this random AI tool someone mentioned that basically answers Houston housing stuff — rights, rent questions, where to look, etc. I asked it about evictions, Section 8, and where to search without getting finessed. It actually helped me narrow down neighborhoods, warned me about scam tactics, and even helped me tweak my messages to landlords. Ended up getting a lease signed last week for a place I feel good about. Not trying to promo anything, but if you’re dealing with housing stress in Houston, it’s worth playing with: https://chatgpt.com/g/g-6826f311f4cc8191b1dc10ca66241ad4-houstonconnect-ai (Just copy and paste in Google) Hope it helps someone else. submitted by /u/Typical_Bike9524 [link] [comments] source https://www.re...

Neighbor built too close to my land — now they need my consent. Should I use this as leverage to buy the house cheaper?

Hey all, I’m in a bit of a pickle and trying to figure out the smartest move. A couple of years ago, a neighboring landowner asked for my written consent to build his house near the edge of my land — the agreement was for 5 meters from the border. The land strips are narrow, and I wasn’t planning to build anything there, so I agreed. Fast forward: the house is now built, but it turns out they placed it just ~1.3 meters from my border — much closer than agreed. Now they’re coming back asking me to sign off on this post-construction so they can legalize the building (get it “put into use” / “commissioned” / obtain an occupancy certificate). From what I understand, they probably can’t sell it or get it registered without my signature, since it doesn’t comply with distance rules. It’s already up for sale, but I assume banks won’t issue loans for it in this state. Here’s the twist: I actually wouldn’t mind owning the house, I was planning to build in the area anyway, and this would sav...

Real Estate issues

If your in real estate business, you are facing at least one of this problems: 1- Are your agents still chasing dead-end leads manually? 2- Your leads are worth more than a one-time follow-up ? 3- Real Estate is a 24/7 game, is your follow-up? 4- How much time is your team losing every week to admin work? 5- How is your team managing your appointments scheduling? I got the solution for you, I hell agencies like yours get better leads, faster deals, and more hours back. it’s the AI time, use it and let it unlock your business’s full potential. My AI systems will work for you 24/7 on all the repetitive tasks and save you more time to focus on closing big deals and growing your business. If yoy are interested, Don’t hesitate to email me on : oussama.elmoumen@ai4estate.com submitted by /u/oussama_EL0 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1kn3yl2/real_estate_issues/

How will a new waste water treatment plant affect our home's value

We have been informed that a developer is putting a large neighborhood across the street from us. (We currently all have our own septic systems.) This neighborhood will have a waste water treatment plant to treat the sewage of the neighborhood and 3 large schools and other retail outlets. Does anyone know of any research regarding how this WWTP will influence our property value? submitted by /u/marhmar [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1kmf8wr/how_will_a_new_waste_water_treatment_plant_affect/

Buyers financing didn't go through

Just more of a rant post. Last night we got word that the buyers for our house had to back out because of financing issues with their current lender (Rocket Mortgage). The end of their due diligence period was actually today. We were supposed to close on 06/04 and then close on our new house 06/06. Now we're not sure where to begin. Our realtor said he referred our buyers to a new lender but doesn't know time frames for anything new to potentially getting approved. We of course do not want 2 mortgages so the whole situation sucks. Anyone else deal with something similar and did it work out? What would you do in our situation? submitted by /u/Potential-Rice9724 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1kmc1k5/buyers_financing_didnt_go_through/

Offered over asking with an escalation max of 30k over asking and sellers want even more

Short story is I found a home that I really like that was calling for highest and best about a week and a half ago ( 4 days after it went live). I offered slightly over asking price with an escalation max to 30k over asking. The sellers agent came back and said the sellers want 50k over asking minimum and they were asking all people who submitted offers to come up higher. I didn’t really budge other than sweetening the terms slightly by offering to double deposit, flexible closing and increased escalation max by 5k. I think the home is slightly overvalued at asking so I’m only willing to go so far above. They removed the highest and best from the listing description and the house is still in the market. They haven’t declined my offer, but they haven’t accepted any either. The home was also listed back in 2021 for about 150k more than this listing and they came down about 100k over the course of 10 months then delisted it. Are these guys just playing games? Should I just forget this h...

Distressed Property Question

In October 2023 bought a home built in 1993 on three acres southeast of Springfield, MO purchase price was $240k and put 5% down. Two months later insurance cancelled due to age of roof they said they sent inspector out and it didn’t pass. Took out loan on paid off car to pay for roof as after moving and buying home was cash poor. 2023 Tax bill came and withholding at my new job was wrong so got behind on mortgage was federal employee so taxes had to be paid first. Work out deferral and all is good. Then as federal employee with little tenure was encouraged to find other employment did so and took pay cut. In the meantime car repair for $3,000 and AC broke on house. There are many issues that weren’t on original disclosure I will be more honest than lat person. I owe $228k due to deferral. Here is my question I am listing home if I can’t pay rent in new place and payment which frankly is not likely what are odds of short sale acceptance if I am responsive and proactive. Also, if goe...

Got approved from builder’s lender yesterday, husband laid off today. Closing won’t be until late Dec/early Jan 2026. What do we do?

We have just signed a purchase agreement and been approved for loan for a new construction home by the builder’s lender (a requirement to move forward with the new build). We’ve put about $30k down as earnest money and a deposit for our new home’s materials. Unfortunately, my husband got laid off and now we are unsure of what to do. Our closing date won’t be until the home is fully built which is currently looking like late December or early January (builder is waiting on permits to begin construction). We only qualified for this loan because of my husband’s income. A few questions… Has anyone been in this situation before? What steps did you take? If we aren’t closing for several months should we still inform the builder’s lender? We aren’t set on using them for our home loan but were required to get approved by them to move forward with construction. We have the option to choose our own lender later on. Since closing is so far out, will this lender revoke our approval because o...

I overbid and need advice

I need urgent help! I’m in a really hot market in NY and my agent called me about an off market listing. They were going to list it at $999k but said the sellers were hoping for a bidding war and wanted $1.2M (not sure if that’s true but that’s what he said). I really didn’t want to go past $1.05M, which I thought was fair given the comps that I ran myself. It’s by far the nicest house in the block. Somehow I went up to $1.1M as best and final……. But it still didn’t even end there. I was convinced in the heat of the moment to go up to $1.125M. The house really is perfect and has everything we were looking for and I know deep down we won’t find that again but it’s just slightly over budget. I barely slept that night and felt so sick. And then we were there for inspection the very next day (yes everything happened so fast) and the sellers decided to tell me that their taxes are low because they have a disability exemption which we obviously won’t get because we are clearly not disabl...

Homeowner died intestate and may need mortgage forbearance

Hi- hoping for some advice on if this is possible. Trying to condense as best I can. Homeowner (my sibling) died without a will and has two minor children and was divorced. He paid for all the housing and bills, this is a two family house that also houses our parent in the separate apartment. As a result, my family including his ex wanted me to be administrator as historically spouse and I are financially stable and more well versed to deal with lawyers and estate complexities. Unfortunately we’ve had a TERRIBLE lawyer, this case has dragged on for YEARS, and my younger nephew turned 18 last month. I was appointed guardian of property last year, but court still appointed guardian ad litem by the court, 2 months before his birthday. The main issue is the mortgage company will not give any info to us, so we have spent years just trying to guess the payments based on bills, and with some in person begging for info, educated guesses, etc. Social security survivor benefits have ended f...

If you're an agent taking your own listing photos, listen up about LIGHT.

As someone who's been doing real estate photography forever, it's clear that some basic things about light are just... missed. And honestly, light is the most important thing in a photo. Period. You don't need all the fancy equipment I use, but you DO need to understand light. Natural Light - Use It Properly Let's start with the obvious: natural light is your best friend. Use it. But use it right. Exteriors? Sunrise or sunset. Golden hour. That's it. Makes the house look inviting. Any other time and you get harsh shadows or it just looks flat. Don't photograph the front of a house with the sun behind it, that's just basic. Interiors are best mid-morning or mid-afternoon. Get that nice, even light without sunbeams making weird shapes or blowing everything out. Cloudy days are actually wonderful for inside shots, makes the light soft and beautiful. And for goodness sake, open ALL the blinds and curtains. Let the light in! If the sun's too strong thro...