Hi all, feeling like I may have made a mistake in this crazy circumstance of buying a house. I just put an offer in on a house in upstate NY that has a 20 year old roof, disclosed on a mandatory dislosure form required by NY law. The roof looked ok to me, I know the life of a roof is usually 20-25 years. This was a perfect house for us otherwise, so I'm doing the math in my head thinking, 'ok we get an inspection, if it comes back needing immediate attention we ask for concessions or walk, and if it comes back saying another ~2 years probably, we go forward and plan to replace in the next 2 years'. I'm ok with that. What I can't do is dip tens of thousands into a down payment, then immediately within 30 days or whatever find another 20K for a roof. After putting in the offer last night, I was spiraling out of control and reading about how apparently insurance companies may not cover a roof based on that age, even if the inspection comes back fine. Or they could ...

Hey all, been a plain old landlord for a few traditional stick build multi-families in the northeast for a while & am now exploring NEW builds with pre-fab/modular units. Looking specifically at how to make the numbers work in tighter markets like the northeast where housing inventory is scarce and construction costs keep climbing. After interviewing 15 modular builders across the Northeast (container homes, 3D printing, you name it), we’re modeling average build costs around $155 per square foot, which seems to sit in the middle of most mid quotes. If you’ve ever played in this pre-fab/modular/non-traditional home builds space, I’d love to know… What was the hardest part of the process that you didn’t anticipate? How did local inspectors or planning boards treat your project? Were there cost surprises (site prep, cranes, foundation work, utilities)? How’s the build quality, insulation, and energy performance held up? If you were to do it again, what would you do different...

as soon as you open door there’s a strong smell of old cooking ( fish meat etc ) i’ve mopped the kitchen floor and surfaces , taken bin out and cleaned the air fryer it’s a small house. i usually open windows when cooking …. do the walls need painting ? is it the cabinets ? we had a viewing the other day and the viewers commented on the smell submitted by /u/Large-Estimate-1788 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1nwtm1i/strange_smell_in_house/

So for the last week my partner and I have felt like we won the lottery. We found the house we loved in a neighborhood we never thought we could afford, made the best offer we could and were chosen even with better offers on the table. The house is from the 1930’s and has plenty of issues that we’ll need to address, but the appraiser went in this week and while we were happy it appraised higher than what we offered, she left conditions. Theres a bathroom in the basement that has been there at least since the 70’s (as per tax assessor documents) that she is saying we need to pull a permit on. Theres a good chance the permit was either part of the houses original design, or not digitized and in a physical folder, but we’re very nervous. The sellers realtor called our lender EXTREMELY mad about the situation and there are other backup offers they can go with. We were scheduled to close on the 10th, and if push came to shove we’d absolutely pay to just have the bathroom ripped out, but we...

Fiancée and I have been searching for homes for ~1.5yrs, we finally got an offer accepted on one. We offered $267K ($12K under) on a gorgeous house built in 1882. Real Estate Agent is a family friend and has been absolutely phenomenal through the whole thing. We had our DD window, and the inspector found a few minor things but nothing worth cancelling the deal over. Seller agreed to cover a small portion of closing costs because a lot of the outlets were ungrounded. I'm somewhat handy, and have some very handy family members, so I figured we could do it ourselves. They also hired an HVAC company to inspect and certify the furnace and AC, as they were pretty old. We had our final walkthrough on Monday (and pushed closing to Friday because some trash was not taken out of the garage as agreed to). It has now been taken care of, I'm told. Here's the problem: during our final walkthrough, we noticed some active knob and tube wiring that the inspector missed somehow, despite it...

I lost my husband last year & it has been hard to deal with. I'm a ( now single) Mom of 4 & we really want to move out of state( closer to hometown). The only thing holding me back is this house. Can anyone please tell me the quickest , most hassle free way I could potentially sell my 4 bedroom home? submitted by /u/Lamariposavolo78 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1nws02s/ideas_needed/

Context: I lost a deal last month because the contract template didn't include a required disclosure. By the time I corrected it, the seller had moved on. Question: Do you have a personal checklist or workflow to make sure all the state-required clauses, dates, and notices are included before sending a contract to a buyer or seller? Any best practices to share? submitted by /u/ProfessionalRow6208 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1nvxgyj/tips_for_preventing_compliance_delays_missing/

https://photos.zillowstatic.com/fp/af27a4aacac4051a41f3d817d4e58974-p_c.jpg submitted by /u/Immediate-You-3954 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1nvvzs5/can_someone_please_id_this_style_of_home_whats_it/

For the ones interested in the growing self storage market of Germany, Switzerland and Austria - feel free to have a read of my data analysis. The self storage industry in the German-speaking part of Europe (the so-called DACH region: D = Germany, A = Austria, CH = Switzerland) has grown massively over the past decade. But despite cultural and economic similarities, the markets look very different when you compare size, pricing, and structure. Germany - the giant Germany is by far the biggest market with ~375 providers and nearly 1,200 facilities. Berlin: ~83 facilities, average price €221 per unit (about €29/m²). Munich: the most expensive city, €353 per month for 11 m² (~€32/m²). Hamburg: ~28 facilities, average rent €232 per unit. Beyond the big cities, suburban garage-style storage is still very common. There’s also a growing “pick-up & delivery” trend, where providers collect your items and store them offsite. Switzerland - the premium market Much smaller in scale ...

Is MLS down in Michigan? I'm not seeing any new listings since almost 10 hours ago. I thought there would a bump this morning since it's the 1st of the month, but crickets. submitted by /u/EstateGate [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1nv3jdv/mls_michigan/

I am a single widower. I have a teen girl. Im afraid of not putting money into equity vs. spending on rent each month. A chance has presented itself to buy a new build home by KB using my own lender. The home is 670k a bit past Watsonville CA. My take home pay is 2400 a week as a construction worker. My liabilities each month total $2800 including car insurance, phone, food. Not including wifi. My estimated mortgage is hardline at 5k. That the most I can manage and be house poor. I am using a DPA for my down. Again, a big goal of mine is to put some money into a equity for my kid since the area will increase in value based on location. And people will leave the bay area soon enough. Priced out. It would be 2300 more than I am paying for my rental now. Dont have much friends or family to discuss this with really, so I was shooting for some virtual feedback. If I play it smart each month with my $ and get some OT, can I do it? Is it the time to get in early? Thank you submitte...