I thought some of y'all would find my experience with Zillow interesting since their public failure has been in the news and many people have wondered what would happen to the buyers under contract when the company announced they were shutting down their buying program. When I started the process of deciding to move, my realtor told me they were making stupid offers well over actual values, and that I should try them out before listing with him. I had actually requested a Zillow offer 2 years ago, And the offer we received was well below market value, and we weren't really in a rush to move at that time, so we let it go. This time, however, they came in at a hard to refuse price. My agent and I had planned to list at $385,000 with the hope of starting a bidding war to get an offer in the low-mid $390s. Zillow offered me $400,000, and roughly the same closing costs that using an agent would be. So, since my agent was super gracious and it was likely the best offer we'd se...

So I made a post here not too long ago but didn't get a lot of responses. Instead of providing another long-form explanation, let me put it simply: I need a CRM that can capably replace CINC. We're using Follow Up Boss right now and I love how modern it feels, as well as the functionality it offers, but we absolutely need to be able to handle each lead's IDX/listing search and we need better transaction management. I'm continually having to modify searches in CINC since our ISAs work out of FUB and our Listing Coordinator is primarily using Google Sheets to track our current clients' transactions in tandem with Dotloop (which is required for our brokerage). CRM impressions: Boomtown doesn't have the deal tracking capabilities we need. It checks pretty much every other box, but the rep's insistence that we have to use a secondary service (while also mentioning their intent to integrate what I was talking about) really irritated me. LionDesk seemed oka...

The small 3-unit apartment that my family owns and that I'm sitting in as I write this has an open heating system. Cigarette smoking is prohibited, and the tenant here has been good about going outside to smoke cigarettes. In the last year, she obtained a medical marijuana card, and smokes skunk weed. Indoors. The smell circulates through the heating system. I probably wouldn't care if I didn't have respiratory issues and if it didn't make the whole place smell like ass. She's a good tenant so I can't complain. I did say something to her, but it still stinks. Your suggestions? Would a furnace filter with a higher MERV rating help? submitted by /u/Extreme_Qwerty [link] [comments] source https://www.reddit.com/r/RealEstate/comments/rm7a6k/mmj_use_by_tenant/

I'm buying from a flipper/wholesaler. They bought the house on September 30th and put it up for sale a month later, but the county has an excessive backlog and is still working on recording deeds from that time period. We were scheduled to close on 12/29 but because the deed is still not recorded in the seller's name, nothing can proceed. It could potentially be months until the deed is recorded, as I'm checking my county's public records and there are still some deeds from July and August only getting recorded now (the bulk are from September/October, though). I know this is a bit of an unusual situation because of the fact that it was such a quick flip and that counties are normally not operating on such an insane backlog. Now I'm just getting worried that there might be more things going wrong with the title that I'm not privy to. submitted by /u/PM_ME_TODAYS_VICTORY [link] [comments] source https://www.reddit.com/r/RealEstate/comments/rm79i6/c...

We bought a home and had to bypass inspections to get the house. Its been about 6 months and we still haven’t gotten inspections. Is it still worth getting one to know what kind of condition the house is in? submitted by /u/spicysecretsauce [link] [comments] source https://www.reddit.com/r/RealEstate/comments/rm7rv0/should_i_get_a_home_inspection_after_purchase/

Lima One mortgage servicing is the worst mortgage company I've ever dealt with. They do not send you a monthly statement unless you request one...each month. Yes, every single month you have to request to get your statement. Speaking of the statement, every other month I found a "mistake." Possibly why they don't send the statement. A couple of times they didn't pay the tax or the mortgage on time and had to get on them to pay the late fee. Also, when you do receive the statement it's more like a spreadsheet. So if you've had a mortgage for 36 months your statement will have all of the payments you've made so it's very difficult to read. We refinanced this year with another lender to get a lower rate and the hassle we got from Lima One trying to get the payoff was ridiculous. The folks you talk to there are really nice, but sharks and try to nickel and dime you the entire time. They do lend based on the asset, but what other investment non qual...

TL:DR; My In-Laws are looking for us to become property managers and ultimately take ownership of their owner-occupied rental property. What should I know beforehand? My In-laws have a 4-unit rental property in NJ where they currently reside. Due to age they are looking for my wife and I to assist with property management matters such as lease signing, collecting rent, and small fixes around the units. There is still a mortgage on the property and they essentially pay for it entirely from the rent collected from the other 3 units. We have recently moved to CA so assisting has been mostly completing repairs when we are in town. Discussions have recently moved towards my wife taking more ownership of the home, essentially what I understand as buying the house from her parents or getting it gifted or some sort of transfer. We would then collect the rent and pay the mortgage directly in my wife's name rather than my in-laws. There is no timeline set forward but they are looking to ...

Was talking with the seller of my house while I was getting keys and he said he only had the house listed for 5 days before I put my offer in. On realitor . Com it listed it being on the market for 60 days. Is that normal? Why would it list it as being on longer? Edit. I looked at my house on realtor and it showes a price drop 5 days before I bought it but it was originally listed in october. submitted by /u/mo8414 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/rm4tvv/owner_says_house_was_on_market_less_than_realtor/

Mexico is a haven for digital nomads around the world. This beautiful country offers a relaxed and peaceful environment for all visitors — whether it’s for vacation, or for remote working. https://beachsiderealestategroup.medium.com/digital-nomads-in-mexico-8bb2e6ea909f https://beachsiderealestategroup.com submitted by /u/Prahaladkumhar [link] [comments] source https://www.reddit.com/r/RealEstate/comments/rljk3y/digital_nomads_in_mexico/

Hi everyone, Are there any pitfalls to be aware of if I'm building in some construction requests as part of my offer? It's fairly minor--just installing a washer and drier, but does require some work. Thank you in advance. submitted by /u/hexnumber [link] [comments] source https://www.reddit.com/r/RealEstate/comments/rlj8pa/minor_construction_as_part_of_offer/