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

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

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

What percent of homeowners own a property worth over 3 million? submitted by /u/Interesting_Cat_010 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1kq57tw/how_many_homes_are_over_3_million/

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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