Getting mails from my lender once I closed my first home. “This letter is to notify you that your recent mortgage entitles you to participate in a low-cost Mortgage Payment Protection Program with no physical exam”. Not a native English speaker. The word entitles is causing me confusion. Can I decline this protection or is it a requirement from my lender? submitted by /u/bvenkat86 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/e2flfp/mortgage_payment_protection/

I really need a house or I will be homeless but I only have SSI which is only $771 a month. How can someone get a house with only SSI? I'm from Texas so, if there are any programs that can help that would be awesome. submitted by /u/pleasehelp1tw [link] [comments] source https://www.reddit.com/r/RealEstate/comments/e2bokf/all_i_want_is_a_house_but_how_can_you_get_with/

I am planning to buy an apartment in NYC and I wanted to get a clear picture as to what makes these two property types differ? submitted by /u/jyldyz_ [link] [comments] source https://www.reddit.com/r/RealEstate/comments/e2b8r4/what_is_better_to_buy_a_cooperative_or_condominium/

Hi everyone, This is an odd question. An apartment complex owner that I know needs cash, so he can either sell his apartment complex entirely (and I can't afford it) or he can sell a portion of it to me (less than 50%). I realize we would probably need a real estate lawyer to make everything official, but I haven't even been able to find any articles or guides about how this can work. Is buying a stake in a real estate property a thing? If both of our names go on the deed, are percentages specified? Does it just make more sense to make a contract that says I get X % of the sale price when the apartments get sold eventually? Thanks! submitted by /u/misanthpope [link] [comments] source https://www.reddit.com/r/RealEstate/comments/e2d42k/oregon_whats_the_legal_process_for_becoming_a/

Quora real estate story submitted by /u/limache [link] [comments] source https://www.reddit.com/r/RealEstate/comments/e2d1lf/i_saw_this_really_touch_story_about_a_guy_who/

I’m needing advice from a realtor or someone seasoned in buying houses.. Currently under contract with my realtor, we listed our house contingent that we find something. She is awesome, she’s done a great job and my house has only been listed about 2 weeks. She is a go getter, wants to do a lot of open houses and broker open houses.There really isn’t anything on the market we’re interested in and haven’t gotten any offers. I don’t think we will anytime soon, it seems to be a really slow time of year. I’m 22 weeks pregnant, I have a tumor that’s being monitored. Well when they were monitoring it they found my kidneys are retaining urine and I have kidney stones. I definitely wasn’t expecting to be moved into a really high risk pregnancy because my last pregnancy went pretty well. I’m considering pulling my house off the market until after the baby comes, I’m completely stressed now. I really can’t spend a ton of time away from home with my one year old and large dog while taking car...

He doesn’t live in the area we are looking at purchasing in. Would there be any issues with him doing our appraisal as well as being our realtor? Or would it be better to find someone who is more familiar with this area? submitted by /u/geenuhahhh [link] [comments] source https://www.reddit.com/r/RealEstate/comments/e2bja6/my_husband_and_i_are_looking_at_buying_our_first/

Have been given offers from 420 to 440. How much more should I add on to my counter offer? submitted by /u/DeputyDong69 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/e2b95l/selling_home_offer_advice/

California, young and clueless first time buyers. We put in an offer this morning, and just heard back from the seller. As a counter, he would like us to remove the appraisal contingency. This is a tough choice for us, because we’re pretty sure our offer is 10-20k over the expected appraisal anyway. That much we can cover. But if the appraisal comes in 30-40k under, we’re in deeper doo doo. One strategy would be to agree and remove the contingency, then expedite the appraisal so that it’s done before the end of inspections. If the appraisal comes in too low, we can back out citing inspection reasons. Is this a common strategy? Would we be protected from a legal standpoint? I don’t want to end up in court because the seller thinks that it was the appraisal that made us back out and not the inspections. And I want to make sure I’ll get my earnest money deposit back. Any advice? Is this stupid? submitted by /u/YesVeryMuchThankYou [link] [comments] source https://www.reddi...

15 people work in our business. We have previously provided external software support to manage properties. But most of them were not what we wanted. We produced our own software and released it for free. If you want to use it. https://emlakpro.net submitted by /u/rmznpydn [link] [comments] source https://www.reddit.com/r/RealEstate/comments/e2atdr/we_published_the_software_that_we_use_for_our_own/