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Showing posts from June, 2025

Commission terms - what is typical?

Sorry for the noob question. My seller agent has proposed a contract where seller agent gets 2.% of listing price and additional compensation to seller's broker of 2.5% of purchase price if the buyer is unrepresented. This is for property in California. Is this normal? Can this be further negotiated or this is the typical expectation for home sales in CA? submitted by /u/Actual_Cut9271 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1leaekl/commission_terms_what_is_typical/

Considering changing to another lender... risks?

We're 21d out from closing on a house. 60d ago, we locked our rate for 90d with Bank A. Another lender we were talking to, Bank B, now tells us that he can give us a marginally better rate and better closing costs (saving ~$780/yr and $1k in closing costs). We're tempted to change horses mid-stream, but want to understand the risks involved. Specifically, I am concerned about the effect of applying now with another bank and its impacts on our credit score. I envision a nightmare scenario where we start working with Bank B, but it turns out they can't close on time, so we revert back to bank A but our credit scores took a ding from the application with Bank B, such that we no longer qualify for our mortgage with Bank A. Is this a likely scenario? submitted by /u/DesignerPangolin [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1lefjvy/considering_changing_to_another_lender_risks/

how much do you factor longterm maintenance into your investment decision?

I manage a handful of single family and small multi family rentals across two states. One thing I always bring up with new landlords is budgeting for longterm maintenance roof, HVAC, foundation, drainage, etc. It’s surprising how many folks only plan for cosmetic fixes or immediate rent readiness. I’m curious how seasoned investors here handle this upfront. Do you work these projections into your offers or build out 5/10 year maintenance budgets before closing submitted by /u/QuarterOne1233 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1ledf77/how_much_do_you_factor_longterm_maintenance_into/

Own a 5 Marla Residential Plot in Al Ghani Garden Phase 7 – Awami Block

🏡 Own a 5 Marla Residential Plot in Al Ghani Garden Phase 7 – Awami Block! Your dream of affordable home ownership just got real! 📍 Location: Awami Block – Phase 7, Al Ghani Garden, Lahore 📐 Plot Size: 5 Marla 📅 Plan: 4-Year Easy Installments 💰 Monthly Installment: Just PKR 15,000 No bank involvement – just flexible, family-friendly terms! Build your future with confidence through EQHoldings.net – your trusted real estate partner. 📞 Call now: 0300-8814415 🌐 Visit: eqholdings.net #EQHoldings #AlGhaniGarden #5MarlaPlot #LahoreRealEstate #AffordablePlots #AwamiBlock #OwnYourHome #RealEstatePakistan #InstallmentPlan submitted by /u/williamjeffrey1 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1ldh3pc/own_a_5_marla_residential_plot_in_al_ghani_garden/

Do you have an insurance referral partner? How did that relationship form?

Hey everyone, I’m an insurance agency owner and would love some insight here that I can apply in my local market. Do you have someone that you point buyers to for their insurance? If you do, how was that initial relationship formed? What made you continue to use that person? For anyone who doesn’t- is there anything that would make you likely to start using someone for this? Thanks! submitted by /u/KeyParking4032 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1ldg8u7/do_you_have_an_insurance_referral_partner_how_did/

Do electric car chargers at value to the home, I’ll make them more attractive to potential buyers in eastern PA?

I drive an electric car and I would like to add an L2 EV charger to my summer home / rental. I might be selling this home in the next few years. Will the charger add any resale value or at least recoup the costs of about $1000? Is it a factor when people are looking for houses to buy? The house is an eastern PA, and a lot of people who purchased these homes are from New York. submitted by /u/14MTH30n3 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1lcp784/do_electric_car_chargers_at_value_to_the_home_ill/

Down to the wire

We are currently under contract for a home and on day 7 of our 12 day inspection contingency. The general inspection found bowing in the foundation and marked concern for the roof tiles, and recommended further inspection for both. Our realtor (who has been less than ideal in many capacities) was dissuading us from these additional inspections for the reasons below but we’ve decided we have to have them done. I got contacts from another realtor (a friend who I desperately wish I hired instead) and I’m calling today. Assuming we can’t get the final repair report done until day 10 or 11, are we totally fucked?? Foundation issue: stucco is slightly bowed at foundation level on one side of house - realtor said the inspector told her it could just be something to monitor Roof issue: cement tiles are original (38 yrs old) even though the paper underneath was replaced in 2017 - realtor thinks since the paper/waterproofing was replaced the roof should be fine. Cement tiles have a 40yr lifes...

Trying to find more information on selling a fixer upper inherited property.

My parents left the 50 year old rural family house in the trust and I am the trustee in charge of selling the property, in California. There are several problems with the property. First and foremost is the fact both my parents were hoarders. Second is the house is in need of repairs. Currently there are three residents of the house all family. There needs to be electrical, septic, and general repairs done to the house along with removing the hoard. Unfortunately I am the only one that is going to be doing the work. I have removed four twenty yard dumpsters of trash so far in the last four months, almost have gathered enough for another 20 yard and will likely need one or two more after that. I have found many family keepsakes among the trash and am trying to get them off the property to family. I'm working on this nearly everyday sometimes to the point of muscle failure where my arm or legs won't work to haul stuff anymore and I am forced to take a day or two off. Need to ge...

Lakefront: Privately owned dam?

Contingent on a house that sits on a pond with a “voluntary” HOA of 14 total homes. The dam is needing to be replaced and the seller is putting $30K in HOA escrow to cover this homes costs. They are estimated at $20K but she’s adding a buffer. What should I be asking here? I am concerned that they may ask for more money; that repairs take forever and it ruins the view or value of the home, etc. submitted by /u/Dancegirl543 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1lbwuye/lakefront_privately_owned_dam/

Advice needed : quit claim

Recently discovered my spouse drained our joint bank account, and a small joint investment account due to gambling debt. All feelings aside I am in survival mode and want to protect myself and our kids future. I put the down payment to our current home with the money from the sale of a house I owned (prior to marriage) the remaining money was put into the joint account. I want to protect the equity in our current home and although it was mutually discussed regarding the assets I brought into the marriage (aka down payment and joint account $) I’m not taking any chances at this time. Is filing a quit claim in my best interest whatsoever right now? submitted by /u/Coffee-Detective0917 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1lbvuke/advice_needed_quit_claim/

My 5 cents as a Real Estate Agent

Since becoming a real estate agent, I’ve noticed a hard truth: there are a lot of agents out there who seem more focused on making a quick buck than actually helping people. I feel incredibly lucky to be surrounded by a group of supportive, honest colleagues who genuinely care about the clients they represent. We’re a mountain-based brokerage, and maybe that’s part of the difference, but I’ve found that some city agents can be a lot more cutthroat or careless in how they handle their work. That said, I know this isn’t a blanket truth about all city agents, or all mountain agents, for that matter. There are bad apples everywhere. But the contrast I’ve experienced has been eye-opening. At the end of the day, we’re not just dealing with contracts, we’re helping real human beings, families, people going through major life transitions. This business shouldn’t be about rushing deals or bending the truth just to close something faster. We are here to educate, negotiate contracts, and act ...

Suggestions for preparing for the New York Real Estate License Exam

Hey!!! I have a question. I’m super interested in learning more about getting a real estate license in New York. Do I really need to take those official real estate courses to be eligible for the license exam? I feel like they’re so expensive and kind of useless. I don’t really want to pay for them. I got some study materials from a brokerage firm, and I’ve been studying on my own and doing practice tests on Quizlet. My plan is to just self-study and then register for the exam. Do you think that could work? Thanks in advance! submitted by /u/Neat-Ad-6002 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1lb3ozv/suggestions_for_preparing_for_the_new_york_real/

Anyone here ever done co-broking in the US?

I’m fairly new to the US market and was wondering if any of you have experience with co-broking deals — like agent-to-agent agreements where two brokers collaborate on a sale. Is it something that happens often in your area? I recently heard about an app called Co-broke that apparently lets you create agent-to-agent contracts digitally. Sounds like it could be useful, especially for deals across states or with agents you don’t know well. Has anyone tried it or used something similar? Curious to hear your thoughts or experiences — good or bad. Thanks in advance 🙏 submitted by /u/nelly-dreeamz [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1lb2cau/anyone_here_ever_done_cobroking_in_the_us/

Offer accepted, repairs are being done by a contractor referred by our agent , wondering if I should get a second inspection before closing ?

There’s quite abit of work being done. From installing new sidings , addressing how the raccoon got into the crawl space and chewed out everything including vents, and some attic work . Should I consider a 2nd inspection ? submitted by /u/MajentaPinkPanther [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1la7oxw/offer_accepted_repairs_are_being_done_by_a/

Irvine - Am I going to be house poor?

$350K HHI between husband and wife $250K-$300K down payment $150K saved in 401k $75K emergency fund can I afford a $1.2M home with $8k mortgage (PITI) without feeling completely house poor? It honestly seems like it’s so much, but considering HCOL, do I do it? I have 2 kids and currently renting. Would like to settle in a long term home. Prices seem to be dropping. Buy now, refi later? What would you do? submitted by /u/kwin1225 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1la9p4d/irvine_am_i_going_to_be_house_poor/

Selling my house , still no visits

Hello, i started selling my house on may 23rd and to this day we didnt get a single visit , we drop the price last monday but still nothing... should i be worried? im trying not get insane about it but its start to get to me. submitted by /u/noo37 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1l9igh6/selling_my_house_still_no_visits/

how to find people to sell my product

cold calling?? how to find number for cold calling door to door ( kinda nervous) i just started my real estate journey 2-3 months ago n idk what to or how I'm gonna get clients to sell submitted by /u/Effective_Floor5170 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1l9fybo/how_to_find_people_to_sell_my_product/

Home-buying dreams dashed because my employment is W2 contract-based even with stellar credit and low debt. Do I really not have any options?

I was working with a mortgage consultant who didn’t want to do a pre-approval, he wanted me to go straight to underwriting to see what they would say about my situation. I just recently changed careers from social work to software development making a lot more initially with that number expected to rise. My credit score is in the excellent range and I only have federal student loan debt a little over the national average. Their first problem: My offer letter lists my pay as hourly and they said they need to see a guarantee of full-time. My solution: I got a letter from HR outlining that I would be 40-hours full-time. Their second problem: When they called HR they didn’t like that they gave them a contract end date. Now they’re saying my income is not stable. My issue: How is being on a contract an issue when no employment is guaranteed plus the contract is likely to get renewed and if not, they just place me elsewhere. I called another mortgage place for a second opinion and he s...

The Line in Saudi Arabia is actually selling apartments now - $1M+ to live in a 170km long mirror building. Would you buy?

So I just went down a rabbit hole researching The Line (that crazy NEOM project in Saudi) and found out theyre actually selling units now. We're talking $1-5 million for apartments in what will basically be a 500m tall, 170km long building in the desert. Some wild facts: 140,000 workers currently building it Using 20% of the worlds available steel supply First section opens 2030 (only 2.4km instead of promised 170km) Foreigners can buy but need residency permits No cars, everything within 5 min walk Mirrored exterior walls (RIP birds) The whole thing sounds like something from a sci-fi movie but they're actually building it. Construction videos show massive excavation happening right now. What gets me is the density - theyre planning for 260,000 people per square km. That's 6x denser than Manila. In a single building. In the desert. Anyone here actually considering buying? Or know someone who has? I'm genuinely curious if people are dropping millions on apa...

Buying a duplex (first timer) in the suburbs of Philly. Chester, Montgomery, Bucks. Is it a good market? Are they hard to find?

I'm a complete noob to this entire thing. Me and my wife are pretty sold on the idea of buying a duplex as our first home/investment. We are open to a few different markets that we've lived at over the years and we have been circling the drain on the suburbs of Philly as a possible landing spot. Is this a good market? I asked one real estate agent and he sent us a few options that weren't super great and nothing really shows up on Zillow or anything. We definitely DONT want to live in Philadelphia proper and are really trying to stay out of the rough areas. What do you guys think about areas like Phoenixville, Conshohocken, King of Prussia...? We have 250k to put down, excellent credit. Our other options are Charlotte and Austin (Austin seems really affordable right now). We have lived in all of these areas and there's many various pros and cons for each. submitted by /u/domotime2 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1l8lr...

Inheritance: sell as-is or...?

Rural East Texas. We've been renting a small house from my MIL for 10 years and she is gifting us the property as we are moving into her larger house to assist her in her last few years (she's 89 and in poor health) and we will inherit her larger house as well. Both houses are paid for. The small house house is a c.1987 1000sf brick, 2 BR, 1 Bath, on 1/4 acre lot in town. $89k value property tax appraisal. Decent neighborhood with newly constructed rental houses surrounding the property. It's in poor shape and I'm trying to decide what to do with it once we move out: Sell as-is, refurbish and sell, or refurbish and rent out. If refurbished, it will need to be completely gutted and we will need to secure a loan. Low estimates based on a combination of materials, DIY, and contractors: about $32k Roof $9k Flooring $8k Shower surround $1k AC compressor $3k AC ducting $1k Kitchen cabinets $3k Bathroom cabinets $1k Light plumbing $1000 Sod $750 Landscaping $1000...

Find who recently purchased a house?

I rent an ADU/Guest house behind the main house, and the owners (who moved out of state months ago) recently sold it. Along with the sale came giving us our 30 day notice, when I asked if the new buyers were interested in continuing to rent out the guest house, while he said ' oh yeah I think some they have elderly parents they'll be moving in ' - it came off like he was making this up on the spot and it hadn't crossed his mind to actually ask the new buyer. I've been viewing places for rent for the last 2 weeks so if the new buyers indeed don't want to rent out the guest house, no problem, I'll be gone before they're moving in. I can also imagine something where the buyer mentioned an elderly parent eventually moving in here, but that being a plan for years down the road. But I don't like any of my options better than where I am now, so I'd really like to make sure the new owners were asked. So - how can I find out who bought the place? Too...

10% cap rate still possible??

With today’s prices, is the 10% cap rate target still a realistic goal or a thing of the past? What target values do use to screen rental property for proper financial return? submitted by /u/gg562ggud485 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1l727he/10_cap_rate_still_possible/

Planning to buy a beach house.

I'm looking to buy a beach house in the US as a summer home for my family and rent it out the rest of the year. I've never been to the US. However, I'm coming for a short visit to Florida at the end of this year. What are the best locations for a strong price appreciation plus family friendly beaches ? I prefer a safe area with good airport access. Our budget is upto $730K. submitted by /u/No-Pepper5092 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1l6d93n/planning_to_buy_a_beach_house/

How much will a house realistically appreciate?

In a midwest college town, right next to a military base, I bought a 3 bedroom, 2 bathroom, 1400 sqft ranch style house that was built in 1988, on .72 acres, with a fenced-in yard. I paid $249,000 using a 30 year mortgage at 4.3% in 2022. According to Zillow (and the oh so reliable Zestimate) my property has appreciated to $264,000. Now I just can't help but wonder what is realistically the upper limit of appreciation for this home? I know my interest rate is low by today's standards, but I can't help but get the feeling that at a certain point, the appreciation of my property will fall below the compounding interest of my home loan, and I'll take a loss on it, because even after making renovations to the home, I'm still not sure I'd pay $260,000 for it, let alone $270,000+ in the next 5 - 10 years. TLDR: How can you be sure that homes will actually appreciate, and avoid a loss? Edit: I should add, I've moved away from the area, and am currently renting ...

Need Help Please: 2 Predatory Loans secured against my home. Any help, advice, guidance, to remove or significantly reduce them please 🙏

I have 2 existing liens against my primary residence for predatory loans by a pair of brothers I unfortunately dealt with at the most vulnerable point in my life. I was trying to save my business back in 2017 and I had to hire a chap 11 attorney. I was facing a foreclosure on my business property and I was out of time and the foreclosure sale was scheduled for the following day. So as a last resort I had to hire the attorney on the spot after the consult. He basically reassured me that my case was a “slam dunk” for a successful chap 11 and said I didn’t need to pay him cash as he would be able to loan me the $17,000 retainer fee by putting a lien against my personal home. I agreed and signed the retainer and the loan paperwork on the spot. After a disastrous 2 months he had done nothing but make my situation worse. As I was struggling to deal with the chap 11 process with no guidance from the attorney and I was still struggling to keep my business afloat the attorney offered me a “lif...

I need to leave an abusive partner but I’m on the lease. (LONG READ)

Backstory me (f) and my boyfriend (both 25) of about four years just moved to Michigan from Illinois becuase my boyfriend got a job out here for being a paramedic and I currently am out of a job. (In school for veterinary technician and currently looking for one). My mother is paying about $1k in a $1.4(ish) apartment because she wanted to support me. (Im not sure if his parent know or not) I should note that we’ve been out here for about a month but recently he’s put his hands on me to scare me. He hasn’t left marks or bruises but he has charged at me and gave me looks that I know I should avoid; so all and all he hasn’t left any “evidence” for my landlord to see. I should have known before coming here that nothing was going to change (my fault). As a first time renter by myself (my name is on the lease signed) and having my family pay for majority of it but also his family being more “financially set” than mine (my mom is a single mother from actual south side Chicago and his parent...

When is too soon?

We just bought a piece of property that will be used in the future to build a home, probably not sooner than 10 to 25 years from now. Seven acres, currently a hay field, sloped land. The question is, assuming a decision is made as to siting the home, is it too soon to drill a well and install a septic system? The idea being it is prep and an investment/prep for the home. I am sure that I have not given enough information, so ask away. submitted by /u/Arguablybest [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1l5inv0/when_is_too_soon/

Would you be creeped out if you received a letter asking to buy your home?

Hear me out… My wife and I are looking for a house in my home town with little luck. Years ago my parents sold my childhood home, which I absolutely loved. Zillow and a few other sites say it is probably in the $750-775 range. If you received a letter talking about how it was your childhood home and you would love to purchase it from them if you would be willing to consider that, would you? I’m honestly considering throwing out like $800K and seeing if they would be interested. submitted by /u/Safe_Reading4483 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1l5k1xx/would_you_be_creeped_out_if_you_received_a_letter/

Should The Price Be Lowered Further?

(I'm a minor so I don't know a lot about any of this stuff. I know I'm probably an idiot. My parents don't know how to use reddit so I'm doing it for them.) This is my parents' first time trying to sell a house. The agent recommended one price, which they thought was a little high compared to other houses in the neighborhood that have sold. They settled on a lower price. The house has now been on the market for about four months and there hasn't been any interest in it. Not even one person. No one showed up to the open house either. The price was lowered once after the first month, again after the second, and again at the start of this month. It is now far below other houses in the area, and still nothing. I've been reading the posts here about houses not selling, and the consensus is that it's always the price, but considering how low we've gone with nothing, my parents are concerned something else is wrong with how we're doing this. The...

Would be grateful for reassurance that I made the right choice in accepting a low offer…

My husband has been extremely unwell with multiple hospitalizations. It’s been very stressful. Before all this health stuff started, we put a contract on a house that he absolutely loved in a city 35 miles away in a college town. We got a bridge loan on our existing home to buy the new house. The market where we bought is extremely competitive. The market where we're selling is very lethargic. Our old house sat for two weeks without a single showing. Then we had six showings in two days. No offers. Then a few days later an offer came in, $30,000 (8%) below asking. No contingencies. No inspections. Cash. Immediate closing. The realtor suggested that we counter but I told him that for the $10,000 extra that he said that we might get with a counter offer, I'd rather just get it sold. I told my husband, I am tapped out. Please let's just sign. He was in agreement. The monthly expenses on the old house (which is now empty)are $3,000 a month (bridge loan plus utilities), ...

Buying Alone or Investing with My Brother? (First House)

Hi everyone, I'm 30 years old, living in Italy, and planning to buy my first home. Current Situation Savings: €40,000 Salary: €1,200/month Affordable mortgage: Under €400/month (loan of less than €120,000) Market prices: New homes: €3,000/m² Auction properties: €1,500/m² up to €2,000/m² At auction prices, I could buy up to 80 m², though 50 m² would be sufficient. A 50 m² home would mean a mortgage of around €250/month. Renovation costs range between €30,000 and €50,000 I’m eligible for a 100% mortgage (no down payment) until the age of 36. My brother recently moved 100 km away. He earns twice my salary, but his cost of living is also significantly higher. Realistically, unless you're earning €3,000 net per month, it's very difficult to afford a home in Italy. Possible Scenario My goal is to keep my mortgage low, both in cost and stress. One option is to buy the cheapest apartment available, move in now, and later, when my income increases or my plans...

Realtor not following our instructions and lying

We have an offer on our home and have hoped to get another one asap. The second buyers are taking their time about submitting it so we told our realtor to tell him we have an offer in hand. He said he did then told us last night he did not...just that one was coming in. We are very upset that he lied to us. He is not doing as we ask, has not advised us well on our listing price, etc. He is treating this like a game....it's our life! We told him that if we don't have the second offer in hand by a certain time today he is to submit our counter offer to the offer we do have. Need immediate help and advice.....he is not listening to us and we fear we are going to lose this deal. submitted by /u/Puzzleheaded_Judge97 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1l4mo4s/realtor_not_following_our_instructions_and_lying/

Buyers needs

I have been struggling with 3 buyers NW OKC Area. 250k max 3/2 1500+sqft preferably without updates. 10+ acres unrestricted and as close to Edmond as possible. Mixed use commercial space (hopefully with room for offices and a restaurant) in the Yukon, Mustang or far west OKC area. submitted by /u/Threex50 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1l3yoym/buyers_needs/

Buying Adjacent Land

So to make a long story short, when I bought my current house, part of the land around me was sold separately. It is now being divided into 2 parcels, with one of those parcel being directly in front of me. We are in a rural setting with a long private lane set in the woods. The price they want is outrageous but obtainable. My fear is not buying it and getting a home built directly in front of me. However, it’s hard to stomach this purchase. Any advice would be appreciated, thanks! submitted by /u/Agreeable-Maybe-7748 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1l3x460/buying_adjacent_land/

Removing house from mls or just stick to my price?

My house has been listed since October 2024, and I'm under a one year contract. My price is currently 40 K lower than my original listing price. My realtor was convinced I could aim high with my price but in reality, my house is more updated than my neighborhood but I have a smaller square footage than my neighborhood comps. My realtor, his broker and I think our current price is spot on, based on recent sale comps. I am currently listed at a price that is lower than what I paid for the house. After fees and closing costs of course, I'll be losing about 70k on the house. If I don't go any lower, I can afford to buy my next house. In that time I've gotten two offers, both accepted under the current listing price. Both offers went to inspection, which showed no red flag issues with the home. Both times, the buyers countered their original offer during the inspection period. The first buyer wanted $11,000 in closing cost assistance, and $6000 back at closing for a large...

Realtor being overly positive FL

In 2023, we relocated to Florida (tampa bay) due to my husband's job. We had a house in Texas that sold on its first day on the market for over $ 50,000 above asking price. Upon moving to Florida, we selected a neighborhood known for its excellent school, making it an ideal location for us. We purchased our home for $485, which seemed reasonable at the time, but we understood we wouldn't profit from it, given its size. Now, we feel it's time to sell and upgrade to a larger home due to our growing family. We listed our house at the price recommended by our realtor. In the initial weeks, we held an open house and had several showings, including interest from one family, but they opted for a similar house without a backyard. We had listed our house at $514, yet my husband and I believe it's too high considering the home's size (3 beds, 2 baths, 1,765 SQFT). It's now been over three weeks since the open house, and we haven't received any showings. My husband re...

HPD Violations - NYC

The RE agent stated no violations on the property. After contract was sign, we found out there are some HPD violations on the property dated from 2013. Notified the RE agent which they agree to clear but now it’s been over a month they have not had their application processed and keeps on giving excuse why the application wasn’t filed/accepted/processed. We’re heading to closing in soon and worried if that’s not taken care of by then who will be responsible for all the expenses that occurred through the process (attorney fees, title company fees, etc). Is it worth buy a house with HPD violations? Thanks in advance for help/advice. submitted by /u/12homeboy [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1l2xjmu/hpd_violations_nyc/

Seller refuses to negotiate after structural issues came up during inspection and were not declared.

The home inspector pointed out the main wood beam in the basement has a sagging and foundation inspector pointed out a sagging of the main floor UPDATE: we proposed to lower the selling price or have them fix it before we move in and share the cost. After a week they said no to either option and did not propose anything else in return. Is that just bad faith? Who tries to sell something in the upper 6 figures and not expect or is willing to negotiate? Are they bluffing cuz we are FHO or is this a common thing? House has been on the market for a couple of months now and they didnt say they got any other offers. What’s their game? Update: FHB and ESL here pls be gentle submitted by /u/FridayBoi [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1l35ezk/seller_refuses_to_negotiate_after_structural/

Should I buy a house with 3 easements

Hi everyone , We found a good house and have an accepted offer . It seems like a good house giving us most of the checklist that we wanted. The only thing we don’t like is the backyard is not a square but there seems to be enough place . This house is 3-4 min from commuter train station and 4 min from highway . My wife will be using train to boston ( an hour long) and I will be driving almost an hour to work . However we now notice that there are water easement running along the lot line and also there is electric easement in the area joining cul-de-sac and front yard of the house . And also there is Verizon underground system ( location is unknown at this time ) I also notice that there are certain restriction and covenants which was initially signed for 10 lots in 2002. I went through then none of them really bothered me . I am really torn whether to go for this house which has most of my checklists but so many easements and restrictions or to search for another house in Hopkint...

Price cuts (and raises) and the impression they give buyers

Price changes are a great way to get new attention to your property, but they can also backfire. I'm watching a few different areas where I'd consider buying, and all of them are currently either stagnant or slowly declining markets. Which puts me in a decent position, even if many owners are still high on 2022 prices and haven't yet fully realize they missed the boat. So I watch price cuts closely every day to see if any of the houses I'd consider have been reduced (and how much) plus keep an eye on the overall local market. I also watch what goes pending and recently sold prices. These are my impressions of various types of price cuts. Of course this is my personal subjective opinion but I think my mindset matches that of a lot of buyers. First, it's not always the amount of the cut, it's WHEN you cut. Timing is everything. Let's say you're selling an $800k house: If it's been on the market for two weeks and you cut $10k, that tells me you ar...

Spacious 2 & 3 Bedroom Apartments for Sale in Ajman Creek Tower

Looking for a new home or investment opportunity in Ajman? We are offering 2 & 3 bedroom apartments in Ajman Creek Tower , one of the most promising residential projects in the area . Property Details: Location: Ajman Creek Tower, Ajman Available Units: 2BHK & 3BHK View: Creek and city views Spacious Layouts with modern design High-speed elevators, 24/7 security Covered parking included Family-friendly environment Interested or have questions? DM me directly here or WhatsApp: [00971552484793] submitted by /u/Timely_Motor_6343 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1l28fd6/spacious_2_3_bedroom_apartments_for_sale_in_ajman/

Renting would've been financially better in hindsight

We bought right before COVID, at around 500K, 20% down, 2.8% interest. Basically we got lucky with very good timing. Now it's time to sell, probably a little below 700K or so. A decent 40% increase. However, if I include made costs for maintenance, taxes, some minor improvements, interest, and realtor fees our profit on the 100K down payment is not great. Basically it would've been the same or better had we put the 100K in an SP500 index fund and rented an equivalent house. Probably much less maintenance work and better cashflow as well. I'm somewhat surprised given the good timing we had, I guess it's even more difficult nowadays. submitted by /u/AmazingSibylle [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1l25ufq/renting_wouldve_been_financially_better_in/

WHOLESALER‼️Use me as your funding resource💰

WHOLESALERS WANT MORE DEALS?‼️💰 Use me as a resource for your business deal come and go fast so should your funds💰I would be able to help wholesale with no money put down bigger emds and funds to close on double closes EMD: Amount: $5,000 - $100,000 Timeline: 30 days, 60 days maximum with an extension DOUBLE CLOSE: Amount: Up to $100M Timeline: Same day closing submitted by /u/Nervous-Cat-9796 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1l265gv/wholesaleruse_me_as_your_funding_resource/

Helping my dad avoid a “cash for keys” scam

My dad owns a small home that definitely has some issues, and would be considered a fixer-upper. He’s looking to sell his house so he can move across the country to be closer to his wife’s family. They will likely be renting for a while. My dad is retired (his wife works) but they do not have a lot of income and will be dependent on the proceeds of this sale to use for rent and living expenses. The problem is that he has been in close contact with a “cash for keys” buyer who reached out to him and he plans to sell to this guy. His logic is that he wants a quick sale, not pay fees, and not worry about the condition of the house when he leaves (on top of the condition of the house, he has accumulated a lot of junk over the years). I’m concerned for obvious reasons, I think this buyer is low balling him and there’s is a high chance that once they go to closing there will be “surprises”. Already, the guy told him the cash offer is now lower because of the market. I have convinced him t...

Do you ever see price per square foot increase as the homes get larger in a specific area?

I've been poking around Zillow in my city, just out of curiosity, looking at what houses go for, their size, location, etc. In general, the larger homes are more or less grouped together in the nicer neighborhoods, with both location and size driving up costs of these houses. Many of the larger homes here offer a worse price per square foot, with homes 2,000+ sq ft often going for around $250-$300/sq ft, while smaller ones, around 1,000-1,400 sq ft, go for around $200 or less per suare foot. I know some of this is location-based, as I've said, but I do see some outliers where there are bigger houses that aren't in the more expensive neighborhoods going for a higher amount per sq ft. So, my question is, do homes' prices per square foot ever increase with size, with all else kept constant? I've seen some posts say that it's usually the opposite, so I'm wondering if it can go either way depending on market conditions or if this increased price per square foo...

House build in 3 months?

Curious if anyone can confirm if this is a possibility. Person I know of buying land and having a house built on it. Basement, plus two levels, 5 bedrooms. Contractor/ building company (they build this model of house a lot) says it will take 2-3 months. This sounds totally unhinged to me. How is it possible to have that quick of a turnaround time? It’s a flat plot of land in a development but I just don’t understand how this is possible. Is this possible? It’s a standard price too, not like paying a premium to have it done quicker. submitted by /u/milkyjoewithawig [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1l1dr1v/house_build_in_3_months/

Redfin Agent Tour Insights

Our second day on the market a redfin Agent toured our home and left a bad review. He has left this same one line review on at least four properties and I've never seen him leave a positive review. I think it's keeping people from even considering my home and I'm really upset. Anyway to have this feedback removed? submitted by /u/kmm_pdx [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1l1aw0t/redfin_agent_tour_insights/

Would you use an AI tool that writes & schedules niche LinkedIn posts for you daily?

Hey folks! I’m validating an idea for a lightweight tool that helps people consistently build their brand on LinkedIn without overthinking what to post. Here’s the core idea: 🔹 Daily AI-generated LinkedIn posts tailored to your niche (coaches, solopreneurs, ecom founders, etc.) 🔹 Auto-scheduling so you don’t have to log in and post manually 🔹 Content based on trends, past top-performers, and your goals (authority, leads, visibility) 🔹 Optional: comment/DM responders to help you start real conversations I want to know: Would this save you time? What would you want it to do? Would you pay for it? (Or use a free version with limits?) Appreciate any brutal honesty. If you’re interested in trying a beta version, drop a comment too 🙌 submitted by /u/ExpertBother7327 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1l0n9ph/would_you_use_an_ai_tool_that_writes_schedules/

My agent wants us to bid 10k higher

Hi everyone, we are onto buying our first house. our agent is not very famous or done a lot of deals but we chose him as he speaks the same language as us. fast forward, dude is just asking us to bid 10k higher in every house. we searching for houses in Capitol of California and dude is kind of go off on us for being too cheap to offer asking price or 1 or 2k over even if the house is the shiitest in the entire area. Idk, for searching he just send us regular zillow listings spamming 90 to 100 houses a day just overwhelming no afford at all. we do have a brokerage contract with him and thinking of breaking up, thoughts? submitted by /u/Negative_Name_7730 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1l0h97h/my_agent_wants_us_to_bid_10k_higher/

Fraudulent or incorrect UCC fixture lien filing on home I'm selling

I am in the process of selling a home in location: AZ. The closing date is in less than 2 weeks. The title company has discovered a UCC fixture lien attached to the property for a bathtub and shower system that was filed about a year ago. This property has been in my possession since 2017. The bathrooms have not had new fixtures installed, and it's pretty obvious. I was unaware of the lien because I never entered into any sort of agreement or loan, so why would there be one? The debtor listed on the filing is a name I have never heard of before in my life. But because it is a fixture lien it is still tied to my address, and the title company said it would complicate or delay the closing potentially. I'm not sure where to go from here. I've contacted the company that it's owed the money, but because I'm not the debtor they will give me no information about what the agreement supposedly was or how much is owed. Is there any way I can get this handled before the sc...

Farm/Residential/Commercial Lot

Naghahanap ako ng taong may kakilala or gustong bumili ng 3hectares farm/residential/commercial lot sa Santa Maria Laguna at 200 sqm residential/commercial lot sa San Francisco Del Monte Quezon City (Cash Basis). Ang makakapag refer ng sure buyer, may 200k agad once paid na ni buyer. Pm nyo ko agad 📩 submitted by /u/PapiFiona [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1l0l4md/farmresidentialcommercial_lot/