Looking to buy in WI, purchase price $400K, have an offer ready to submit. Just need a pre-approval on a holiday. submitted by /u/AValhallaWorthyDeath [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1wa2jjb/anyone_want_to_give_a_preapproval_today/

If almost every buyer is trying to avoid them and every homeowner seems to hate them. submitted by /u/Ennemkay [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1w9yvyi/why_do_so_many_hoas_exist/

Found a very nice house in a suburb of Akron Ohio. I noticed it showed on redfin that there is flooding in the side yard. It looks like a French drain was recently installed along the driveway. The basement is finished with carpet. It looks like there was quite a bit of landscaping done to keep water flowing away from the house towards the new drain. We love the house but we're not sure if we want to deal with this kind of headache. Even if the new changes mitigate some of the flooding, I feel like we won't really know until a year in when we have a torrential downpour. submitted by /u/mtbguy1981 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1w9u3jq/how_concerned_should_i_be_about_possible_flooding/

My elderly mother inherited some land 40+ years ago, and now it may be time to sell it, if it can be promoted and priced correctly. The land has been in the family for almost a century, and has always been used as farmland (circa 125 acres), but has real potential for recreational land use, as it has water frontage on a secondary navigable river, as well as formerly connected Oxbow lake, which is also used recreationally for fishing and boating which adjoins a 25,000 acre national wildlife refuge a couple of miles down. It has about 3500 ft of water frontage combined between the river and the lake. Now for the negative stuff, it is located in an extremely rural part of northeastern Louisiana, it is in Floodzone AE with most of the land 2-5 feet below BFE so would require any structures to be elevated, and any waterfront access along the river would have to involve Corp of Engineers building permission, as well there are extra requirements for septic systems. We listed the property abo...

My mother died earlier this year, and I inherited her house. I want to sell it. It's a small house (816 sq ft) on a double lot (8.2 acres) in rural Florida. The house is on one lot, and the adjoining lot is unclear woods. Although it’s registered as a single property, the lots have separate addresses. Each also has its own city water hookup, though one has never been turned on. Would the land be more valuable if I sold both lots separately, or as one? submitted by /u/haloarh [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1w9gnaa/should_i_split_up_a_double_lot_before_selling_it/

I have been renovating my kitchen, and most of the main floor for that matter, over the last few years making it look nice. I took good care in doing high quality work on the drywall, paint, trim work, flooring, etc. My counter tops are cheap laminate particle board ones you would get at any home improvement store but they arent the nicest looking, dated color, and pretty beat up ( Picture of kitchen from last year when it was clean. New flooring is done and trim around cupboards is done https://imgur.com/a/okgEnQi ) If I replaced the counters I wouldnt get anything fancy, basically a direct replacement of the same materials but different style and new to freshen it up. Its quite a small counter space, so I dont imagine it would be super expensive. I could easily install it myself as well im sure. Would it be worth replacing it for resale value or to try to improve appeal? Im not going to be refinishing and painting the cupboards at all. submitted by /u/Interr0gate [li...

We always make it a point to leave 20 or so minutes early since I strongly prefer to avoid bumping into potential buyers face to face, so I see all of this on our security cameras. It drives me nuts and without a professional there to watch their client, it makes me feel violated. Everything is always locked, but I’ve watched them try to get inside before too. I don’t think any of them have any actual insidious intentions, but obviously there’s no way I could know that for sure and it’s wild to me that anyone could think this is okay. As a buyer myself, I don’t even feel comfortable approaching a property let alone getting out of my vehicle to actually walk around the exterior without my agent present. Why are people like this?! 😭 submitted by /u/Chademr2468 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1w8ab6a/selling_our_home_right_now_and_several_times_weve/

I found a plot whose owner is willing to sell it for around $5k because of liquidity needs and the amount of time/money involved in resolving the property's current legal/land-status issues. The interesting and potentially problematic part is the forest map classification. The valuation report describes the land as forestry/forest land, with the forest map not yet fully finalized and ratified. Apparently, older aerial photography shows the land with a different, non-forest appearance, while more recent imagery/inspection shows it as forested. So there may be a possibility of challenging the classification, but it would require time, lawyers, foresters, historical aerial-photo analysis, and potentially court proceedings. My very rough, completely unqualified estimate is maybe a 50% chance of successfully changing the classification. At the moment, this makes the land extremely illiquid. But if the classification can eventually be changed, the economics could be completely diffe...

I recently purchased in the DFW area. As realtors you all are probably the most educated individual that can answer this question. We saw that massive value run up during the pandemic. How can homes just keep increasing in value? At some point don't we just reach a point where no one can afford a home? Even at 2% appreciation it would look extremely crazy in 10 years. Where is the ceiling if salaries are not keeping up? I'm worried that I won't even be able to sell when I do because if we just keep appreciating then eventually you just run out of buyers. I'm hoping no one is offended by this question. I'm just really trying to understand how this is possible submitted by /u/MrIAmMe2 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1w7ika9/realistic_how_can_homes_continue_to_increase_in/

Fellow realtors, How often do you send an email out to your sphere / past clients? What service do you use to do so? Any tips or tricks you can provide to a new(ish) realtor just starting an email campaign? submitted by /u/mikemitch38 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1w7e94g/email_drip_marketing/