Just a little back story. My great uncle passed away. my grandma, aunt and his son all are listed on the dude. The house is sitting there empty and no one in the family is helping her upkeep. She’s the only one paying property taxes and maintenance and is unable to sell the house because his son is listed and no one can get in contact with him. I’m working with her on getting a lawyer but wanted to get some insight. We’re in the process of getting a lawyer but has anyone else dealt with something like this? I was planning on buying it from her. My aunt and grandma said they are willing but if we aren’t able to find my cousin who is also listed, how could this play out? submitted by /u/KnowledgeMinute1035 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1rcdm4x/responsibility_falling_on_my_75_year_old_grandma/

Most people forget that the 1929 stock market crash was preceded by the massive "Florida Land Bust" in 1926. Real estate froze first because the system ran out of credit liquidity, acting as the ultimate leading indicator for the broader collapse. ​Looking at today's frozen housing market and the silent commercial real estate defaults, it’s structurally identical to the 1925-1926 liquidity drain, not the 2008 subprime crisis. ​Does anyone else see this 100-year cyclical symmetry converging around 2026, or is the market truly "resilient" this time? submitted by /u/Prestigious_Mine_321 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1rcc2j1/everyone_thinks_2008_is_the_ultimate_blueprint/

Before I completely put the idea of buying in NYC to bed, I want a sanity check. Am I missing anything major here ? Reasons buying seems irrational: Property taxes and common charges alone often exceed comparable rent, before even touching the mortgage payment. Condo amenities are usually worse than new rental buildings and still cost more to maintain. HOA boards often overspend, lack basic cost knowledge, and don’t know how to manage or negotiate with contractors, leading to inflated maintenance and repair costs. Big ticket items elevators, roofs, boilers, facades come as special assessments on top of monthly HOA, and costs keep rising with regulations. Renovations and modifications are heavily restricted and sometimes worse than renting. HOA fees grow roughly in line with or faster than rent and never go down. Liquidity is terrible. Units can sit for a year or more. Transaction costs are brutal on both buy and sell. Insurance costs are multiples of renter's insurance,...

If we move into our second home and live in it for 2 years (claim it as our primary) to reduce the capital gains, sell it, then move back to the former primary, can we then live in it for 2 years and sell it and claim the same exemption? submitted by /u/profbraddock [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1rbocbi/primary_home_sale_exemption_could_we_do_this/

Can the local government (city/county) really prohibit me from living in an rv trailer if I own the land? especially if I move the trailer off the land every weekend? Also, is it true that most loans for land require having construction plans to qualify? submitted by /u/Zigzagzegzug [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1rblfou/when_look_at_landlots_on_zillow_how_do_i_know_if/

Good morning, I just purchased a unit in a high-rise. It was built 2022. Did a walk-through of the unit checked it over and couldn’t find any issues with it. Just arrived again after taking possession and noticed that there was a black spot in the ceiling of the bedroom that is from some moisture. My question. Is it acceptable when you’re moving into a new unit that’s only three years old or a little bit less than three years old that there is a constant drip or moisture ingress into the bedroom and possibly in the kitchen as well. I’m not sure exactly how to handle this issue as it wasn’t disclosed to me and so is being difficult, just wondering if there’s any solution to this and what basically should I do? submitted by /u/JohnMcafee4coffee [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1raq1l5/in_new_high_rise_2022_is_mold_black_spot/

not gonna give the background context of this cause it’s a bit involved. it’s not important. if i’m looking to buy a $100k cheap house (fixer upper or not) my main concern would be just have an inspection or two and know exactly what issues there are, if any. why not just go directly to the listing agent? i know the listing agent’s primary responsibility is to the seller. but at that price point i honestly don’t care about any price adjustments. would be more important to know ahead of time what i’d be getting into. submitted by /u/joepb70 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1ranul2/is_it_really_necessary_to_use_a_buyers_agent_to/

I am planning to sell my house in the next few months, and I am really nervous about the whole process. This is the first time I have ever sold a property, and I want to make sure I do everything correctly so I do not lose money or end up stuck with a bad deal. I am trying to decide if I should pay for a full-service agent who handles everything or if I should use a cheaper online-only service and do most of the work myself to save on the high commission fees. I found a site called ParkGate Estate Agents while looking for local experts, but I don't know if their full-service approach is worth the extra cost. Has anyone here used them before, or do you have other recommendations for reliable agents? Are there free things I can do to increase my home value before the valuation? I am looking for the best option that balances a good sale price with fair fees. submitted by /u/MetalPsycho [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1raldx3/is_it_eve...

closing felt like the finish line. keys handed over. papers signed. i treated the move as logistics. the quote seemed clear enough. then pickup happened and the price stopped being a number and started being a conversation i could not exit. someone wrote this up after watching a move fall apart in real time and it matches how often these situations play out. not dramatic. just inevitable once certain steps are skipped. https://www.reddit.com/r/movingpolice/comments/1qsxz13/smiling_movers_and_discount_banners_do_not_mean/ sharing so moves get treated as an afterthought in real estate and they should not be. submitted by /u/Tiny-Musician5337 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1r9uk5q/thought_the_transaction_was_done_then_the_move/

I’ve been testing voice AI for practical business use cases, and real estate might be one of the most obvious ones. The idea was simple: missed calls = missed commissions. So I built a voice assistant that: – answers inbound calls instantly – checks viewing availability – offers alternative time slots if needed – collects client details – books directly into Google Calendar – works 24/7 No coding involved. Just configuration. What surprised me isn’t that it “talks” well. It’s that once you connect it to actual tools (like a calendar), it stops being a demo and starts being useful. Without calendar integration, it’s just a chatbot on the phone. With it, it can: – prevent double bookings – detect conflicts – automatically schedule viewings – keep everything synced A few things I learned while building and testing it: – You need strict prompt rules or it will hallucinate availability. – Conflict testing is critical (try booking the same time twice). – Latency matters ...

My wife and I have been searching for a home to buy for a few months and finally found a decent ranch we really like. Inventory has been scarce, we saw at least a dozen homes/town-homes - put in 2 offers - 1 we got out bid and 2 an offer was already accepted. We put in an offer which was over asking on a house and it was accepted, it checks off many of our boxes, is within our range, good location, etc. The one regret I am already having is that I did not read/understand the solar PPA fast enough before putting in and signing offer. It is a brand new contract - under 2 years and the length is 25 years. Annual increase 2.9% starting at around $170. No money down on installation so over the 25 years will cost a little under 40k. Problem is roof is turning 15 years old... Based on the shared electric bills seller has shared for the past 11 months, they have not payed a dime which from my understanding is the panels overproduced and did their job? My concern is that the roof will even...

After a long vetting process, settled on wonderful local realtor. (I am in a relatively small community with low inventory/high demand. She is part of a large, well-respected agency.) Hadn't signed agreement yet, and after unusual (for her) delay in responding to a question, she explained she had a very serious health diagnosis that had caused her to be offline for a week. It has been several months (as I am still trying to get house ready) and I am wondering how realtors would advise addressing with her -whether in conversation or contract? I can see that treatments (if cancer) could deplete her for weeks at a time. I know she has taken on new listings and I know that no realtor would want to admit their limitations in such a situation. She does not have an assistant. I have already communicated that her health is what is most important. But, I have to be realistic about my interests when it comes to a 1.3 mill. listing. TIA. Edit: Thank you for the comments. They reveal to m...

A family member in Alabama works for a local TV station, so they just shared a news clip with me (see post title), and we’re dying laughing. 😂 Apparently they tried to interview 20+ home owners for over a month in the Birmingham area, and not a single family would talk to them. Reasons ranged from “we’re embarrassed that our home has been sitting on the market for so long” to “we don’t want to break down crying on TV because we can’t sell our house for the price we want.” Enjoy! submitted by /u/SisuSisuEveryday [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1r8uwal/the_birmingham_housing_market_sellers_facing/

{Portland OR US} Heyy everyone I've been looking for affordable housing anywhere in the Portland area it's been really hard trying to find a place I can afford due to being low income I receive long term SSI and make barely 1000 every month. I have never rented my own apartment before but I have done rent a room style but I really would prefer my own home. I'm not sure what my credit score is I have never used a credit card before but I have unlocked my cash app borrow and pay back small loans that I take out on time/early. I just turned 21 so I'm still new to all this. I'm looking for a private landlord that would be willing to be flexible with me since I have a really tight budget. I have tried to look on multiple websites like Zillow and Facebook marketplace Craigslist and a few others for private landlords but no luck. Most are scams or something I can't afford. If anyone would have any information on how I can find a private landlord or be able to connect ...

Wife and I are currently under contract for our first home in FL. The sellers are a group based in another state but their realtor is in FL. We went through all of the steps up to the inspection which found that the home had a 21 year old roof that was deemed no life left and the home had poly butylene piping which needed to be replaced. So both of these items need to be fixed in order for the property to be insured and sell. But the sellers never gave us a concrete answer when we sent them the addendum asking them to replace both prior to closing. Our realtor is great and has been on them about it daily, but they are taking forever to get back to us on this. It's been almost a month since the initial addendum was sent and we're now on the 4th inspection contingency date extension from the seller. Best we've gotten out of them is "were still working on getting quotes together but one of the items is approved" but they won't tell us which one (probably the les...

Hi, My husband and I just bought a new home at the end of December. My sister (who lives with us) was checking the water levels in the cistern yesterday when our neighbor and his kids walked by. The kids decided to stop by and say hi while their dad continued his walk down the road, sounded like the kids wanted to pet my sisters dog and had also brought up how their family believes that the previous home owners had built the fence and part of our cistern on their property. The kids seem too young to understand what property lines mean, which means its probably something their parent(s) often complains about. Should I look into getting a survey done or have the neighbor do so? He has never spoken to us in the month and a half we have lived here and if it is true that the cistern is built partially on their land what can I do about it as it would be extremely pricey to move? submitted by /u/LiteratureNearby1418 [link] [comments] source https://www.reddit.com/r/RealEstate/com...

I know you're going to tell me to get an attorney and I'm working on that. I don't even know what to tell the attorney once I find one. I have let my buyer do most of the work and now it's my time to step up. My situation: A cash buyer has paid $4,000 for intestate probate and escrow for my house. The last thing that occurred was I talked to a judge over the phone. I believe these were the letters of appointment but I'm not sure. I spoke with the judge very briefly and he stated as follows: "status hearing cleared", grants (unintelligible) March 12th. Get order/prepare order appointment. He also mentioned something called a minute order, legal description of property, explaining that it was the technical jargon for my particular property. I'm in a difficult situation since I'm homebound and disabled. The buyer and I have drawn up a contract but I have yet to sign I have expressed to him that I will not sign until this next move is taken care o...

I currently handle four plus other additional tasks that are unrelated, and my boss wants to hire more TCs to help me because 3 agents will be joining the team. I'm nervous because I don't know if she thinks I can't handle the job and that's why she's looking for more people. submitted by /u/boredasheck123 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1r75hx3/how_many_transactions_should_a_tc_coordinate_at/

How I can become a mortgage broker? Or working in the finance (loan processor or underwriter) area for mortgage companies? I have a bachelor in BA with concentration in International Business and I don’t know if this BA will help to work in this industry or if I will need to do maybe a certification or a master in finance? submitted by /u/AppointmentHefty3347 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1r6x0nh/mortgage_jobs/

We bought in 2022. Upgraded from our first home (condo). Home checked a few major boxes so we were happy. Fast forward to today and we’re miserable. The home and the neighborhood just aren’t doing it for us. We finally decided we’re selling. Meeting with our realtor tomorrow. Losing our 3.5% mortgage. Property did gain around $100k in value but factoring in the expense of selling/buying, upgrades, etc we’re not making any money on the house. Definitely thought we’d be here a lot longer than 4 years. Feel like a bit of an idiot if I have to be honest but on the bright side we’re very much more certain on what we want from our next purchase. submitted by /u/ohheythatswill [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1r64xm5/shortest_time_between_buying_a_home_then_selling/