I’m in a personal dilemma! I saw a beautiful house that is listed for $485k ( recent price drop) and I have $205k to put down. However, I only bring home $5k /month. The taxes are $4k and insurance is $3500/yr. Am I stretching myself to get it, even if the seller okay $10k off? Should I put more down or just find a lower price house? submitted by /u/Confident_Boat_8933 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1nu79ru/can_i_afford_this_house/

Hi there! I am looking to buy a home in Sacramento and plan to make an offer on one tomorrow. I have already closed on the sale of my current (or “previous” now, I suppose) home, so I have down payment money ready to go, no contingencies, etc. I am technically renting back from the buyers. Per the contract, I absolutely have to be out by November 15. Over the last month, I was approved by a lender, made an offer on a different home, and had the offer accepted, but ultimately backed out due to the inspection findings. The home I’m planning to offer on tomorrow is much newer and visibly in better shape, so I don’t foresee as many issues as the home I originally made an offer on. All that said, I realized that in the heat of the moment, I failed to shop lenders; I basically went with the guy my realtor initially recommended and called it a day. Now, I’m curious if I have enough time to shop around a bit. I did some research and saw mostly good things about Mutual of Omaha and Guild Mo...

submitted by /u/Severe-Ad540 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1nt9yi8/smart_ways_to_use_home_equity_without_hurting/

The wetland on the farmland parcel ended up being 25 acres and not 5 acres. How is wetland a positive from a valuation perspective? The rest of the 150 acre farm is mostly zoned residential with also a small portion zoned commercial. How is the value of wetland calculated? This is located in IL (about 50 miles south of Chicago). The wetland is in the lower bottom of the farmland parcel (the farm is composed of two parcels): farmland (zoned commercial/residential with wetland) . Do landowners sometimes generate income by selling wetland mitigation credits to some kind of bank? submitted by /u/DragonflyUseful9634 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1nterim/question_about_wetland_valuation/

We listed our place at $475,000 and after some back-and-forth, agreed to $450,000 with $10,000 in seller credits towards closing. I already felt that it was too low, but my partner wanted to move forward. Inspection came back and of course there were issues, roof around $7,500, plumbing quoted at $2,200. We were prepared to work with that. But now the buyers are piling on with demands for every little thing: cosmetic drywall cracks, outlets, even wanting us to replace appliances they just don't like. On top of that, they're asking us to drop another $30,000. If we agree, we'd be walking away nearly $65,000 under list after credits. It's frustrating because I've been through sales before and never had buyers push this far. At the same time, I've been thinking about buying rentals after this sale and trying to learn what would actually make managing tenants and leases less of a headache. Is a tool like TurboTenant worth looking into for someone starting out, or...

I think I might be taking the test soon, I've found some very expensive guides and some not that expensive but still worth more than hundred bucks I don't know if it is really necessary to spend real money to pass the test I took the 63h course and I learned a lot, I might need to review some topics though Specially the math part, it isn't that much of math but I really feel I should take a second or even a third look to it I also remember there are certain topics like what is the measure of an acre and how to locate properties the right way etc, etc that I need to remember about submitted by /u/aroba- [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1nslucj/is_there_a_free_guide_to_take_the_sales_test/

Ifirst time homebuyer. I got a quote for $3060 (total) for homeowners insurance in Texas, it’s the lowest so far, is that reasonably similar to what others are paying? submitted by /u/SnooDoughnuts4124 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1nskclo/homeowners_insurance/

hi... hope all is well. thanks in advance for assisting. looking to sell a home purchased in 2019. how exactly to start the process . please and thanks~! i live in california in the greater Sacramento area. submitted by /u/MelloRoos [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1nrljhc/tips_to_selling_home/

First time home buyer here. Looking at buying a home that I’ve learned is owned by an LLC since the beginning of this year. From public records last year it was owned by an older gentleman. I am wondering if it’s a good idea. Tried to look up the llc the only thing I can find is an address to another residential house here in TX. The hous was built in 1940s and was remodeled nicely, but still has some issues that need to be repaired from their inspection report- but it’s has a new roof, no leaks, and pier and beam foundation with some settling, nothing urgent. Their realtor/rep says seller put so much money into the remodel that the things such as crawl space barrier-they did not want to repair, they’re saying it’s the inspector’s job to find things and every little thing doesn’t need to be fixed. They did fix some of the things. But nothing major came up on their report, other than asbestos siding and it’s been painted over. No word on if it was replaced. I will have my own inspectio...

Out of state buyer purchasing in coastal Florida, what are some good things to look out for during inspection? submitted by /u/WhatsTheDeal0 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1nqynwu/out_of_state_inspection_in_florida/

My husband and I are purchasing a small commercial building in a low-populated city in New England. We will be opening up a medical practice on the first floor and want to keep the current tenants (two) above us on the second floor. One is a therapist that practices 5 days a week and the other isn't there often, maybe 2 days a week, but that could always change. They use the office for their organization. There are 5 total parking spots for the building, each tenant is assigned 1 spot with their lease. That takes it down to 3 spaces left (however, one of the spaces cannot fit a standard car - it has tanks near it (protected) that eats into the space so usually only a motorbike OR a small car like a Leaf can fit in there. It's not always able to be used. Our practice needs to maintain spots for our patients. So having only 2 (maybe 3 leftover) puts us in a bind. It would even mean myself, my husband the physician and our office staff could not park there. We want to keep good...

I'm in the process of updating my home's interior and am currently focusing on selecting the perfect skirting boards. I recently came across Skirting World , a UK-based supplier offering a wide range of MDF skirting profiles. After browsing their selection, I decided to go with the 330 MDF Skirting Board in a 120mm height and primed finish. The 330 profile is a popular choice due to its balance between traditional detailing and modern simplicity. It's versatile and complements various interior styles, making it suitable for both contemporary and classic settings. The primed finish was particularly appealing as it saved me time on preparation before painting. How did you choose your skirting profiles, and what factors influenced your decision? submitted by /u/m-alacasse [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1nqwqqb/how_do_you_choose_the_right_skirting_profile_for/

I’m a commercial real estate attorney in NYC. When I bought my apartment my resi lawyer told me that mortgage consolidations to save on mortgage recording tax are not typically done in resi deals. Is that true? Or did my lawyer cost me $20k for no reason? submitted by /u/Bourbondynastie [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1nq5ift/how_common_is_a_cema_in_residential_real_estate/

So my parents have had their condo for sale for several months at this point. They thought it would be sold already, but it is what it is. I'm sure a lot of ppl are dealing with something similar. At any rate, being that I'm a web developer/marketer and I had some free time, I asked myself if there was anything I could do to help. I decided to build a website to market the property. It's basically just a landing page, with all the features/specs, gallery, virtual tour, as well as copy that highlights all of the big selling points. My thought was, ok this will be a better user experience and do a better job at converting then just a listing that drowns in a sea of other listings. However, the drawback is that you would have to put ad spend into marketing it because it's not going to get traffic the way something like Zillow does unless you put money into it. This was not something my parents agent wanted to do, which I completely understand, so now it's just kin...

Under contract for a property to close end of October. Seller is the estate of a gentleman(86y) who recently passed. He was claiming a 65year+ property tax exemption so was paying $6,000 a year. We will not be able to claim this, and will loose his rate freeze so our taxes will be closer to $18,000. Our option period ends Friday and title is being slow to respond so I'm asking here. 1) If Title pays the tax bill based on exemptions at closing, is there a scenario that the county will come back after to collect the non-exempted portion? We have no issue if it's prorared just for 2 months, but are scared they'll want a full 18,000 submitted by /u/the_8th_wonder [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1nq0s6y/loosing_sellers_65y_tax_exemption_can_the_county/

I have been trying to figure out which works best before buying my first property. Excel spreadsheets - free but time consuming QuickBooks - $30/month but too complex Stessa - free version is good enough but runs out of steam soon How much time do you spend on bookkeeping each month? What functionality is really important vs marketing mumbo-jumbo? Did your needs drastically change as you moved from 1 to 3 or more properties? Could use some real life advice from people who have navigated tax season with rental homes. Would like to have this cleared up prior to stressing next April like so many people are talking about. submitted by /u/ItsMeNotYou136 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1npasth/comparing_rental_property_tracking_systems_what/

Like the title says, sent an offer almost a week ago. The seller agent will text once a day to our agent, asking if we would do specific things that should be in a counter offer. Our agent keeps replying “potentially, put it in the counter” but hasn’t. The kicker, the agent has explained they have had zero offers and it’s been on for 90 days. Is this normal? Has anyone else dealt with this? submitted by /u/Slyytherine [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1npa9nt/seller_agent_texting_our_agent_counter_offer/

I have a 4 bd 2.5 bth SFH under contract in Lake Worth, FL locked in at $420k with an ARV of $1.2M. My exit plan is to purchase, rehab then rent and refinance. I have been approved for hard money to cover purchase price and rehab but I am in need of a PML to help with down payment. I have been wholesaling for a number of years but this is my first investment property. Can anyone help or offer advice? submitted by /u/Sure-Voice-9551 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1nox1za/needing_some_rei_advice/

Hi, Looking go community input. If you wound have an option or desire to purchase cabin in the mountains with water view. Where would it be? Looking for a hidden gems that not many people know of. Thanks! submitted by /u/Al2905 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1noffs9/cabin_in_mountains_with_waterfront/

My family is building a home, and our loan was contingent on our home sale. Unfortunately, the market slowed down, and we are still waiting on a buyer. Our closing date is 10/14, and we will need to get a bridge loan to supply the down payment. The current home's value is $375k, we need $260k for the new home's down payment. My family has really good credit, and I was just wondering if anyone has had a similar situation and perhaps a lender they would recommend? From what I have seen, fees are from .5 to 2 points, and rates are from 8%-10%. Finding multiple lenders to compare has been difficult. Every time I search 'Bridge Loan' or something similar, I get like a million articles from banks explaining what it is, but not actually offering it. TLDR: Do you have a bridge loan lender that you would recommend in Columbus for an owner-occupied residence? submitted by /u/ThatOneBrownKid_ [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1nnai...

We made an offer on a house that had been on and off the market for about six months, with 2 price reductions. We only started looking for a home after the last price reduction, so I wasn’t following the home, but could see the history. We put in a full price offer (cash), and after inspection, agreed with the seller on 3% discount based on one of the primary systems failing inspection and needing replacement. The morning of signing, the sellers realtor called and said, they had a full price offer, cash, waving inspection, and that if we want the house, we’d have to match. We told them to take the other offer, as we didn’t want to come up in price and/or get into a bidding situation. And frankly, we weren’t 100% sure there was another offer, is seemed pretty random, this isn’t a “hot market.” We didn’t ask to see the other offer. Two weeks have gone by, and the home is still on the market, being shown, not listed as pending. It’s a small town with limited inventory. The small tow...

Ok so we know we need to do a price cut but last time we did one our realtor renewed/extended our contract. Is there a way to not do the extension or are they required to do that? Long story short we are not happy with our realtor and do not want to keep extending so we can use someone else if we don't sell before current contract ends. If we ask her not to extend we're afraid she'll do even less than she already does because it'll be pretty obvious why we don't want an extension. Right now we are just riding it out until the current contract ends in December but also really want a price cut. Are we just kinda screwed until it ends? submitted by /u/bambi0793 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1nnhn8k/repricing_and_contract_extension/

I want to do a joint venture to build 4 4plexes. I've been offered a 33% stake. I dont want to get taken advantage of. How do we structure the joint LLC? I dont really understand this part of it yet as ive worked for myself, never with partners. Do i hire an attorney and let them figure it out? One of the deals requires me to invest upwards of 150k out of pocket for permits and such before work even begins. Its a lot of money to put into an LLC that im a 33 percent owner of, especially as i dont even own the land myself, the other owner does. When we form the LLC, does the land get put in it, and suddenly i own 33% of the land even if im not on title? Does the land get sold to the LLC? Any advice is great. Im struggling trying to find mentorship, answers, etc. submitted by /u/DryptoDurrency [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1nnfb9p/how_to_structure_a_joint_venture_property/

As the title suggests, my parents had...interesting taste. They had New Orleans soul and an eclectic vibe while raising me in Central Pennsylvania. I recently inherited the home and I'm trying to decide whether to sell as-is or make repairs/updates first. As I wrote this, the answer seems like an obvious yes, but I don't know too much about real estate and ROI so I came here for some initial feedback/advice. The exterior style is pretty similar to the picture linked here. Please be kind, although I will take up any interesting stories or light-hearted jokes as my parents home probably sounds fake. Lmao. Details about the house: 32 years old, 5 bedrooms / 2.5 bathrooms Good school district (elementary is top 25 public in the U.S.) .6 acres in a sought-after neighborhood (lots of doctors, lawyers, accountants and white collar job holders nearby) Zillow estimate: ~$516,000 Nearby new builds with less land are going for $600–750k+ which I think is crazy! Recent updates:...

We are tired of hearing that the price of housing rises, both renting and purchasing. What catches my attention is that it is a global phenomenon right now. Each country and region has an explanation for this according to their particular situations, but beyond that, it is still a reality that it is a globalized phenomenon. Does anyone know or have found an explanation that answers this without going into the particularities of each country or region? submitted by /u/inmoindex [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1nmp3bg/why_prices_are_rising_everywhere/

Like the title says, we went to an open house to get an idea of the area and to get an idea of how much or little space we actually need. We fell in love with this house. I have contractors at my house now getting it ready to go on the market. With all of that being said, can you explain to me like I'm a 5th grader how a HELOC loan works? My current home is expected to sell at 370k. I owe 155k. The new house is going for 530k. Do I get a HELOC to cover the down payment and get another loan for the actual mortgage? Then pay off the HELOC loan when my house settles? Can I still get a 6.15% intetest rate on a 30 year mortgage or does the HELOC change that? What if I get outbid on this house, do I still have this HELOC loan sitting there collecting interest? submitted by /u/lookingforuni6789 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1nlwnrh/found_my_dream_home_before_mine_went_on_the_market/

Big house in the neighbor hood I want. Needs some work. A little remodeling. Flooring. It's got a fireplace but no HVAC so that's something olid have to install. Asking 102k but I don't feel it's worth that. Half tempted to throw out 80k and see what they say submitted by /u/Handsome-_-awkward [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1nlv6w9/should_i_lowball_or_walk_away/

submitted by /u/Leather-Homework-346 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1nlunax/your_house_isnt_worth_what_you_paid_what_you/

We’re relocating 15 hours away for my husband’s new job and using a realtor through a relocation company, but I’m starting to feel like we’re doing all the work and I’m not sure if this is normal. She set us up to get MLS listings by email, but even after giving her our criteria multiple times, we keep getting homes that don’t match. We have a house-hunting trip in 2 weeks (the only time we can make it out there we have little kids and my husband is already traveling a lot for work), and we really wanted to narrow down neighborhoods ahead of time. We asked her for a list of areas that fit our needs so we could research online, but she hasn’t sent anything and won’t confirm her availability for our trip. Right now it feels like we’re blindly trying to research a huge area on our own and hope we can figure it out when we get there. Is it reasonable to expect a relocation realtor to help narrow neighborhoods and plan out a focused list of homes for our trip? Or is this just how it goes a...

Our appraisal gave our 1500 sq ft basement a value of 10k (full walkout, 8’ ceilings, drywall, no paint, no trim, no doors) How much would it be worth when fully finished. We only need to add carpet now which will be about 8k and I’m hoping to get a cash out refi at some point so just curious if this will change the value from 10k. House is 1500 sq ft upstairs, 1500 in the basement with a walkout. Total current value is around 430k submitted by /u/PwnCall [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1nl42ia/finished_basement_value/

Specifically, I am interested in the side setback from one residential property to another. We have recently had a builder pour footings ~10ft from the property line. Any idea what setback I should be looking for in the code? https://ibb.co/mrNKkQnT https://energyzoning.org/sites/default/files/PDF/2608109780_Bowne%20Township_Kent_20220703.pdf submitted by /u/Curl_Quest [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1nl1bsc/can_someone_interpret_these_zoning_ordinances/

I need to make this clear as i do not own any property. I live with my parent via rent. The only thing i own is my car as it is fully paid off. So i ask is this Loandepot.com LLC is a scam cuz i dont have a morgage. The way this is all worded in the letter i just got seems really off too. And the amount seems too low for a late morgage payment or whatever it is. They want $199.00. I guess ill give them a call tomorrow as its too late at the moment, but im in the right to think this is a real scam right? submitted by /u/DinoDonnieV [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1nkwtv6/so_is_loandepotcom_llc_a_scam/

I don't think there is any truly likely scenario where there is a broad 5% correction. Even if rates went down to 0 again we would maybe only get 3%. A major recession and unemployment would do it, but if there's one thing we've learned it's that the FED will turn on the money printer again before anything got to out of hand and prevent a housing crash. From all the data I can tell we may see a slow 1-2% deflation per year for 2-3 years to correct, but even that's optimistic and we're more likely to remain flat. I really want to believe the contrary, please convince me. submitted by /u/itsthewolfe [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1nk2z6r/realistically_what_factors_would_actually_lead_to/

I am looking to temporarily stay in Virginia, at an Airbnb. Does anyone know why I am seeing fewer entire home stays and mostly just rooms? I am trying to return to Virginia from California and to temporarily stay at an Airbnb. Almost everything I see is a room only, or in someone’s basement. I hardly see “entire homes.” Are there just fewer people using Airbnb now, or is it related to the economy? submitted by /u/PsychologicalBit7400 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1nk4sp2/can_anyone_explain_why_there_are_fewer_choices/

Hi everyone, we’re under contract for a home we really like and see being our forever home. I’ve only had 1 prior real estate transaction and it was for our new home we bought 8 years ago, so it was very straightforward. The home we’re now under contract with was listed over $1 million, and that’s on the high end for my region, with many of these homes having been updated. This home has not been updated and is 20 years old. My loan is a VA loan so we’re subject to the VA’s Minimum Property Requirements. The Inspection report identified the following mandatory-repair items: back patio concrete slab is sloping toward house. Secondary Back Patio Fall Hazard Install a safety railing or appropriate barrier to eliminate fall risk. Basic Electrical Repairs Plumbing Repairs Have a licensed plumber address: Damaged valves and a non-functional faucet Leaking and loose drain lines Investigate the evidence of microbial growth beneath the upstairs bathroom sink and repair the source....

I recently discovered that one can list without a realtor (e.g. HomeRise). Two questions: - if you have experience with this, please share the cons of doing this (or your general experience) - if someone wants to sell land (that they own), and the land is located about 1,500 miles from where they live, is it doable to self-list (in your opinion)? It could save about $30k in realtor commission, and there's a paved road next to the land that will allow prospective buyers to take a look at it. Thank you in advance. submitted by /u/another_lease [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1nj8g9x/listing_on_mls_without_a_realtor/

Which is easier to sell? LVP throughout 1st and 2nd floor or LVP on 1st floor and carpet on 2nd? submitted by /u/ParkingRaspberry2172 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1nj6m0b/lvp_throughout_1st_and_2nd_floor_or_lvp_on_1st/

Hi everyone, I’m curious - what tools or systems do real estate professionals use to manage property listings, appointments, and client follow-ups? Are there any features or tricks that make day-to-day work easier? Would love to hear how you handle these challenges in real life! submitted by /u/Difficult-Plate-8767 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1nif8dw/how_do_real_estate_agents_manage_listings_clients/

I have this lead who I have already shown three houses to. He initially told me his sister would be paying for the Home as he just moved from overseas. I found out yesterday. He has zero income. He moved here with his wife and son. Now he is telling me the cyst option is his second option, but he is trying to get preapproved with a lender, but won’t tell me who. He keeps wanting to see homes. I don’t know what to say or do at this point but it seems like a waste of time. Why don’t we hold off until the preapproval? He also said he would call me back yesterday and didn’t. He is trying to not be clear with me about the financial situation. He scheduled 3 showings for tomorrow, starting at 930am. What would be a good text to send him? I feel like I am wasting my time and gas right now, which and a newer agent, I don’t see the point in wasting time with someone that hasn’t shown me any proof that they’re an eligible buyer. submitted by /u/heywhatsup82347 [link] [comments] so...

We are soon selling our home of 25 years and had a surveyor come out to mark our property boundaries for us. The survey revealed our neighbor’s back yard fence (they purchased at the same time we did so we’ve both been here for 25 years) is encroaching on our property by approx 2.5’. We were not aware of this until now. Will this be an issue when we sell and if so, what issues will it cause and is there a way to address in advance? TIA submitted by /u/Scared_Muffin5676 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1ni95lz/fence_encroachment/

We closed on a house 3 days ago. $250k 6.87% interest. The mortgage is $2200. I had expressed concern of wanting to back out prior but my agent and husband said the standard “think of what you can do with this house” “it’s an investment” “you can refinance later when rates get lower and buyers have to fight for houses.” I want to claw my face off for not going with my gut because I absolutely hate the house. Idk if it was not getting an offer accepted or the pressure to buy a house and not pay rent, but I signed off on it. The house is livable but super outdated and apparently the roof we had requested to be fixed was never replaced after all. Since we spend more time in the house now than we did when we viewed it, I see more and more issues with it everyday and want to get rid of it. I’ve considered selling it or going through one of those “homes for cash” guys. One said they’d pay 205k for the house as-is, which I know is way less than what we bought it for but it’s quick and I don...

I'm still wary about investing in such a company like them. Would chime in in how much they're paying you back based on how much you've invested? submitted by /u/Small-Yam3856 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1nhij5o/anyone_here_have_any_updates_with_compound_real/

We are selling our 692 sq ft home (newly updated cabin on 3 acres with an equal size walk out basement located in a DC exurb) due to relocation for my wife’s job. We originally listed at $310k at the advice of my realtor and took an offer for $300k after two weeks on the market. It appraised for $279 and my realtor thought it was low. They were willing to add $5k, but we countered to split the difference and the buyer just walked away. We have now two weeks later lowered the price to $259k and still no showings. Do we have a stain on the market with price decreases and relisting? Is it our realtor? I don’t think I was realistic about price at first and she wasn’t either but now we are on a very competitive footing with price. Should I switch realtors? Did she ruin the first deal? Any advice is appreciated. (Local market is 30 average days on market, $175 sq ft with many moving much higher, and average selling price is $348.) submitted by /u/noname2542 [link] [comments] s...

Hi everyone, I need some advice. I have a townhome that I rented out in Atlanta, Georgia. I was having a hard time with the tenant, so I hired a property management company to handle it. When I was feeling lot of stress for maintenance issue, we gave her a 60-day notice at the end of her lease. After that, she stopped paying rent. The property management company went to court, and the judge ordered the tenant to pay 2 months’ rent (50% each month for 4 months). The tenant agreed, and we have the court order in writing. Now the tenant has stopped responding again and is not paying. The property management company could at least hold one month’s deposit, but I still need to recover the remaining month’s rent. Has anyone been through a similar situation? How can I get back the rest of the rent? Any advice would be greatly appreciated. submitted by /u/Hour-Elderberry-6697 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1ngojb4/rent_collection_from_ten...

My tenants have 3 months left on their lease. They were current but have now stopped paying rent. Two of the three tenants have already left, and the remaining one gives constant excuses. They don’t maintain the lawn, which has resulted in HOA fines we’ve had to cover, and they’ve damaged the property (including removing doors from three rooms). I’m debating whether to pursue eviction through a 14-day Pay or Vacate notice for unpaid rent (which could get them out sooner but costs $1,400–$3,000 to start and might reset if they pay late rent), or to issue a 60-day Lease Termination notice (lower upfront cost but risks losing the remaining 3 months of rent, with eviction possible to start in December if they don’t leave). Given the costs, timelines, and risks, which route makes more financial sense? I am thinking going with 60 day notice. submitted by /u/Low_Hair799 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1ngmi7r/landlorduswa/

I’ve been following the Middlesex County market pretty closely (08830 / 08820 / 08817), and I’m curious what locals think. 👉 In Edison (especially North Edison 08820), homes are still moving fast and people are paying a premium for the school districts and proximity to Metropark/Metropark trains. 👉 In Metuchen (08840), prices have climbed a lot too, but the “small town vibe,” downtown, and direct train into NYC seem to keep demand strong. From what I’m seeing: • Average Edison single-family = around $700k–$850k (depending on pocket). • Average Metuchen single-family = trending $750k+ with fewer days on market. If you had $750k–$800k to spend, which town would you buy in and why? • Buyers: What’s most important to you (schools, commute, lifestyle)? • Sellers: Do you feel like now is still a good time to cash out before rates shift again? Curious to hear real experiences from anyone who recently bought or sold in Edison/Metuchen. submitted by /u/nshahzadi [link] [commen...

Hello everyone, I really need advice. I bought a townhome in 2022 during the hype, overbid, and paid \$670k. Since then I’ve been trying to sell, and it’s been a nightmare with agents. -Agent #1 (2023): A flipper. Instead of looking at comps, he asked(me) what I wanted to list at. Another unit in the community listed for \$710k (bigger/more bedrooms), got showings but no offers. My price kept getting reduced until the listing expired after \6 months. -Agent #2: This guy literally went to jail for a DUI in front of my place while handling my paperwork. Listing was held up on MLS, I eventually got a cancellation. -Agent #3: Dual agent, shady, wasn’t doing his job. I had to report him to the DRE. I signed for 3 months, but he kept the listing for 6. Had to get an attorney involved to get released (Oct 2024). Fast forward to 2025: -Mortgage has increased from \$5k → \$5,349, over the years plus HOA (now \$214 when once was $200). -Tried again in April 2025 with Agent #4. She listed fo...

We're looking at a home that's partially finished. It's framed, doors & windows are in, plumbing, electrical, & hvac are in. No interior finishes & still needs siding on the front. Main question is when would the mortgage payments start & how would the financing work? I've already sent this to our realtor but I can't sleep so thought I'd throw it out there to see if anyone has any experience with this type of thing submitted by /u/Velldoe [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1nfqyf4/buying_a_home_thats_particularly_finished/

submitted by /u/mizzbbee [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1nf0iy8/hello_im_currently_in_the_process_of_buying_a_new/

Zillow shows homes avail that are pending or off the market vs Realtor.com. I'm wondering why so I can decide to limit my search to 1 site. Is it Zillow? Realtors having to change the status on every search website would be a pita. If I were a realtor, only updating a collective preferred site is what I would do too. submitted by /u/Rrreally [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1nez53k/zillow_slow_to_update_to_pending_vs_realtorcom_do/

I'm selling my house and closing is on Sep 25th. The apartment I'm moving to is not gonna be ready until Oct 1st. I can crash at a friend's house for a week, no problem. But what do I do with my stuff? I could put them in storage, but that means hiring movers twice. Once to move from old place => storage, and then a week later from storage => new place. That could get very expensive. What do people do in such a scenario? submitted by /u/Bourne2Play [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1newfc8/how_to_move_when_you_have_to_leave_the_old_place/

https://www.nytimes.com/2025/05/04/business/economy/housing-crisis-multifamily-adu.html Millions of single-family homes are underused, on spacious lots. Refitting them for “roommate houses” or backyard cottages could make a difference. submitted by /u/External_Koala971 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1ne44ww/would_the_housing_crisis_ease_if_boomers_rented/

Australia’s housing market is now worth $11.6 TRILLION… bigger than America’s per capita 🤯 The ABS just revealed Aussie property is valued at $11.6 trillion. At first glance that might not mean much, but here’s where it gets crazy. The US housing market is worth around $60 trillion with a population of 330 million. Australia has only 27 million people and yet our market is already one fifth the size of America’s. When you break it down per person, Aussies are carrying one of the most expensive housing markets on the planet. Wages are flat, home ownership rates are falling, and first home buyer schemes seem to just push prices higher instead of fixing affordability. https://www.smartpropertyinvestment.com.au/first-property-buyer/26916-how-to-furnish-your-investment-property-for-maximum-returns submitted by /u/Equivalent_Salad_569 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1ne2js5/australias_housing_market_is_now_worth_116/

Why do investors keep over styling their properties like they're selling Kim kardashians holiday house. Tenants don't care about your aesthetic, they care about comfort, durability, and whether the furniture will survive a year without falling apart. Honestly feels like half the money people blow on furnishing is wasted. A solid bed, a decent sofa, and a table that doesn't wobble are all anyone really wants. The rest just makes landlords feel fancy while tenants are the ones dealing with flimsy junk. So what's the play here? & Go cheap and replace as needed? Or spend big upfront hoping it lasts? And does furnishing actually move the needle on rent, or is it just another investor delusion? Keen to hear some experiences because everyone I've spoken to swears their way is the only way. https://www.smartpropertyinvestment.com.au/first-property-buyer/26916-how-to-furnish-your-investment-property-for-maximum-returns submitted by /u/Equivalent_Salad_569 [link]...

Hi! We are already quite close to buying this house, however I would like some outside opinions. Down is the link to it: https://www.nepremicnine.net/oglasi-prodaja/polje-pri-vodicah-hisa_7050349/ submitted by /u/Dramatic-Camp-5126 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1ne102u/thoughts_on_this_house/

Has anyone here recently used an iBuyer, such as Opendoor, to get a cash offer on a home worth $1.5-2 million? Do these types of buyers only offer on cheaper homes? How far below FMV do they normally offer? Thanks for any intel you have! submitted by /u/Subject_Dragonfly_54 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1ndajy2/cash_offer_ibuyers/

Been in my Austin spot for a few years now, and with all the wild weather - hail one day, floods the next - I'm starting to think about stuff that protects the house without a full reno. Gutters seem key since bad ones lead to foundation cracks, which kill resale around here. Mine were rusting out from the 90s install, letting water run down the walls and pool up. Asked on Nextdoor and got pointed to a couple companies, tried Austin Gutter King for their warranty thing - 15 years on install, which is longer than most. They did copper on the front for that durable look against the sun, plus guards so I don't climb up every fall for leaves. Install was half a day, no hassle, and it actually made the exterior pop a bit more. But curious what y'all prioritize: roofs, HVAC, or something else? Does this kinda upgrade show up in comps, or is it just peace of mind? submitted by /u/Karate_Andii [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1nd9e7...

I was shown a home by the buyer’s agent who may also act as my agent although I will probably find my own. (I’ve posted about that here recently but took it down due to confidentiality concerns). During the showing, the agent pointed out a highly visible, long crack in the floor which is definitely wider than hairline, saying it’s been there for for years without much change, maybe has gotten a bit wider. That it was there before the current owner. He said it’s due to a crack in the foundation. He also showed me a whole house reverse osmosis water filtration system and another filtration system to remove silt from the well water. The seller’s disclosure basically says “no” to all questions and provides no information. It says the seller is not aware of any crack in the foundation and that there is no water treatment system in the house, including no reverse osmosis nor other filtration system. I’ve emailed the agent pointing out these glaring inconsistencies in the disclosure. Hav...

I was chatting with a couple of agents recently, and they all agreed on something surprising — most deals don’t fall apart because of price or negotiation. The real killers are usually: Leads that slip through the cracks because of slow follow-up Showings that never happen because of scheduling chaos Or clients who just ghost after a few conversations One agent even joked, “If I could clone myself just to text people back instantly, I’d close twice as many deals.” It got me thinking — in your experience, what’s the #1 “silent killer” that makes deals disappear before they even get a chance? submitted by /u/Pale-Rate-7349 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1ncdpkm/whats_the_silent_deal_killer_in_real_estate/

We signed a home contract with Toll Brothers 7 months ago. Closing is coming up in October. Last month they reduced our floor plan’s base price by 50k. When we requested sales team to adjust our pricing or increase our incentives to match for 50k base price reduction, they are not budging. I have paid 70k deposit so far. There’s another competitive builder in the same community who is offering high dollars incentive on similar homes. We are going to talk with the manager. Will Toll Brothers help us for the 50k price reduction or should we forfeit 70k deposit and buy from the other builder? submitted by /u/Medical-Session-6629 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1ncavzs/toll_brothers_negotiation_or_lose_70k_deposit/

So I've had 2 diff realtors now. Both have me put looking at houses, and we've had 10+ deals fall thru. The market is hell here, every house has a minimum of 10 doff offers, and there aren't that many houses available to even look at. Without having ours listed, we have a contengecy, but my realtor doesn't tell anyone that, she's hoping to get my house listed a week after I win an offer, and get it sold. BUT, in every instance, we have to offer OVER asking on every single house, with possibly cash on top of that, if appraisal comes in under. Then my realtor keeps saying my backup of the house doesn't sell is a program where the bank buys it for me, and I buy it from the bank, and pay a fee. I don't want to do any of these crazy deals. I just want to know, why can't I list my house to sell, with a contengecy to buy? Is that so bad? Then I would at least know how much money we are getting for our house, what we afford to get into, I don't understand w...

10 year yield has decisively moved towards 4%. If it breaks below 4%, we should see 30 year fixed mortgage rates for prime borrowers approach 6% and 6% is the magic rate to attract many new buyers into the market. Augurs well for the residential real estate market in metro areas where job losses are not significant. submitted by /u/ThemeBig6731 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1nbo499/10_year_treasury_yield_in_free_fallmortgage_rates/

We live in a great neighborhood, considered one of the best in our city. I’m confident we can sell fairly quickly if I price it aggressively. This all takes time obviously so how can I secure the other home we found before it sells? submitted by /u/frosty_Krippy [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1nbl4u4/we_finally_found_a_house_we_like_enough_to_sell/

Hi everyone, I’m from Europe and I’m considering buying a property in Egypt (like an apartment or resort unit). I have no prior experience with property purchases there, and I’d really appreciate any advice. Specifically, I’m looking for tips on: • What to watch out for when buying property as a foreigner • How to make sure the contract is legit (Green Contract, ownership, etc.) • Safe ways to pay (bank transfer, installments, cash, etc.) • Any other important legal or practical things to consider If anyone has gone through this or knows someone who has, your guidance would be super helpful! Thanks a lot! submitted by /u/RosieSwiftie [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1nar56i/advice_needed_buying_property_in_egypt_as_a/

I just bought my first house for 355K a couple months ago and I KNOW I shouldn’t be worried, but I’m also genuinely curious. On Zillow, my house went up 5K since but on Redfin, it went DOWN around 25K!!! This seems like a major discrepancy and just wondering if this is normal or if I should be worried? submitted by /u/Crazy_Count6067 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1naopvx/discrepancy_with_zillow_and_redfin/

We are selling our second home all cash,no contingencies. We own the home and the title is free and clear. We are closing in 3 days. Suddenly, my neighbor filed lis pendens and injunction stating he is entitled to the proceeds because we are in a lawsuit and a judgement could be entered in his favor on Nov 10. Our lawsuit does not involve our property at all and there is no judgement entered yet. I thought a lis pendens had to involve ownership issues in real property. Our suit has no relation to our property. The buyer is aware and the title company said we can get GAP insurance as we are about to close this week. The judge granted the injunction before our hearing on Monday and the injunction states I need to put the entire proceeds of the sale in a court appointed account which I believe is illegal and if it’s tied up, I still need to pay state and federal taxes on the sale so how is this possible? I’m considering ignoring the injunction because I have every right to sell my house,...

This house is a good like 40k out of my price range, however it’s been on the market for almost 2 years and they have already gone down 96k since they originally posted it. It’s in a rural area and it’s clearly been completely redone. In 2017 it was bought for 50k 😂. Anyways anyone shoot 40k under asking and get it?? submitted by /u/Far_Network9971 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1n9z88k/anyone_have_experience_in_lowball_offers_getting/

So this isn't my proudest moment but I need help. I have 1300 in credit card debt and ive been hiding it from my husband. He wants to buy a house this upcoming year and I'm afraid that he will find out when we start talking to a lender. Do they discuss all debts with us? Is there no way of getting out of this? Do I have to tell my husband? submitted by /u/Realistic-Bunch3527 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1n9qfrb/please_dont_judge_need_advice_and_info/

I’m under contract on a house and had an inspection contingency that expired on September 4 at 6:00 p.m. The inspector didn’t deliver the full report until 10 p.m. that same night, so by the time I saw it, the contingency had technically already lapsed. I figured my realtor was tracking the timelines, but she didn’t say anything, so I’ve lost my leverage. In my contract we had already signed away the right to negotiate repairs, but we did still keep the right to cancel if something major came up. The inspection showed health and safety issues — topical mold in the basement that could be treated with a HEPA vacuum, a deck that’s still usable but missing railings, some electrical hazards like loose wiring and missing GFCIs, and HVAC ductwork problems. Nothing is a total deal breaker, but I had hoped to at least ask for around $4K in credits to help cover the urgent items. With the timing missed, my realtor says the house is now “as-is” and the sellers don’t have to do anything. I’m st...

Hey community! 👋 I'm a full-stack developer building my first micro SaaS and could really use some brutally honest feedback. The Problem I'm Solving: Real estate agents get tons of Instagram DMs about listings, but most are terrible at follow-up. They're losing qualified buyers because: - Response times are too slow (people expect replies within 15 minutes) - Can't tell tire-kickers from serious buyers - DM conversations never make it into their CRM - Zero tracking of which Instagram posts actually generate sales My Solution: LeadScore.ai - Instantly captures Instagram DMs via webhook - AI qualifies leads through natural conversation (budget, timeline, property type) - Auto-creates leads in HubSpot/Zoho with full conversation context - Tracks attribution from Instagram post → DM → closed deal Technical Stack (keeping costs low): - Supabase for backend (free tier initially) - Gemma 3 for most conversations (cheap) - Gemini 2.5 Flash only when needed (expensive ...

I own a SFH property in Southern California that I’ve been renting out for the past two years. I have one more year left to decide whether to sell it in order to take advantage of the $500K capital gains tax exclusion. My piti is $3,700 including property management fees and I currently rent it out for $5,000, so it generates positive cash flow of around $1000- $1200 per month. I owe $520k purchased for 800k with interest rate of 2.5% and it can sell for 1.4M. I also own a primary residence duet in the Bay Area, which is financially manageable with 50% equity. Planning to buy a sfh home as a primary home in couple of years in Bay Area around 2.5M. I don’t have down payment for that. I won’t be moving back to SoCal. My question is: should I sell the Southern California property to maximize the capital gains exclusion, or continue renting it as an investment property? submitted by /u/RecommendationHot131 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/...

I have gathered substantial evidence pointing to a suspected collusion scheme between the condo developer Claridge Homes and various players in the Ontario Condo Industry. This collusion specifically concerns the Claridge Moon Condo in Ottawa, ON. It could be even larger than that and include many members of the Canadian Condominium Institute. Please sign the change . org petition so that more awareness is raised on this issue. https://www.reddit.com/r/OttawaRealEstate/comments/1mwxyas/changeorg_petition_expose_claridge_homes/ submitted by /u/Physical-Alfalfa9989 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1n83xh3/change_org_petition_expose_claridge_homes/