Hi I moved to US a little over a year ago and it sickens me that I can't find a single state where there is no property tax submitted by /u/Clana4ever [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1wr2w7f/why_do_people_in_the_us_accept_not_ever_owning/

Hi and thanks in advance for any advice. I'm looking into potentially selling our current home in GA, bought in 21 for 240k. Our current zestimate is around 350k, leaving a total equity of 140k on the absolute high end (we owe 210k on loan). We've lived in current house for 5 years, but have noticed that it isn't what we really need. We would like to downsize and potentially get some land. We have a few options in a comfortable price range, but to get there, we would like to sell the house as is. My question is; would it be advisable to proceed with this? The equity would be used to clear debts, allow wife to be a SAHM, furnish new home, and give us a hefty safety net. We've calculated on the extreme ends, even if we only get 320k from sale, we can make it work. submitted by /u/BTSykes [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1wr20w8/house_sell_advice/

My Realtor so far, Offer was excepted on a Sunday night 9/13. Said she would give me info that night on where to send earnest cash. Emails me Thursday 9/17 with info, Deadline is 9/18. Luckily it was a local place and I ran the check over that day. I've gotten 3 lender quotes each one took her 2-3 days to send documents to them. I scheduled inspection 9/18, told her it would be 9/24 9am. I texted her on 9/23 about sending documents for the second time to another lender. She then replies "is the inspection still tmrw"? I give her the inspectors info again. No response after that. Im at work the next morning and call inspector at 7am. No he has not heard from her. I called and got sent to voicemail and texted with no response. I had to track down listing agents number and call them to let the inspector in. She did not show up for inspection. I got back from inspection at noon and called her no answer. Then she texted me and said I'll call you shortly, finally called me ...

There's a rowhome near me that has been on the market for about 2 and a half years. They made some *opinionated* renovation choices and they haven't gone down in price much. They've gone through a few agents too. Anyway, they have an open house pretty much every other weekend. It must be well over 80 open houses by now. Those poor agents... submitted by /u/jnwatson [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1wqtffo/most_open_houses_on_a_single_property_youve_seen/

Curious about a home and the assessed value and taxes associated with it. It was seeing normal prop 13 increases prior to a 600k sale in 2018, the following year it shows the reassessed value reflecting the 600k sale but then the following year it drops by almost 50% and then continues with prop 13 small increases. What could have caused the 50% drop in assessment and taxes in 2020? 2026 -- $335,103 +2.0% 2025 $3,562 + 2.2% $328,533 + 2.0% 2024 $3,486 +0.0% $322,092 +2.0% 2023 $3,486 +7.5% $315,777 +2.0% 2022 $3,243 -0.5% $309,586 +2.0% 2021 $3,259 +0.9% $303,516 +1.0% 2020 $3,230 -49.0% $300,406 -49.9% 2019 $6,337 +290.9% $600,000 +296.2% 2018 $1,621 +1.9% $151,429 +2.0% 2017 $1,592 +1.8% $148,461 +2.0% submitted by /u/SubseaSasquatch [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1wq95rw/what_would_cause_a_nearly_50_reduction_in/

Take into account all the stress and struggles on both sides. Weigh into the equation being a buyer with all the unknowns and first time large purchase with account being drained and also a seller (for the sake of argument making a good profit from living in the house for years) leaving the stress of the old home behind and looking forward to an upgrade. submitted by /u/Ubiparipovich [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1wq8djn/what_is_more_exciting_being_a_first_time_home/

I'm from Italy where we have no property tax on primary residencies. I'm looking for the same deal here and so far it seems impossible to find. Is this not something Americans are fighting for? How horrible it must be to lose your home from not paying taxes! submitted by /u/Clana4ever [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1wq1a57/hello_im_looking_for_a_state_with_no_property_tax/

There is an absolute flood of posts all over this platform and others that seem to basically say "my hypothesis is/was that because rates are high and all kinds of other headwinds, houses must start selling for less" and then go on to bemoan that this hypothesis has been proven wrong month, after month, after month. I would love to save everyone (hopefully) some time, effort and emotional distress by just saying flat out, markets are irrational. They can trade in irrational directions for much longer than you'd think. Even if you're right that higher interest rates "must" depress real estate values at some point, that "some point" can still be very, very far away. There are helpful things to know about real estate when trying to purchase a home. One of them is that, in general, people who buy a home, and either improve it or maintain it properly and hold it for around 7 years usually make a meaningful economic return that beats renting by quite a...

We sold our townhouse in peak times in 2023. Sold from one day of open house. No cameras anywhere. Now in the process of buying again and mostly every house has a ring door bell (that I get), but a lot of listings have cameras in every single room. It makes me feel weird as a potential buyer. And agents are weird about them too, saying not to say anything about the house while inside. Is this the norm now? Is this for security or just the ability to be nosey and gather real time feedback? submitted by /u/GlitterBombBomb [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1wpc54o/are_cameras_necessary/

We own a home in Orange County, CA, where the average price of a home is $1.6m. We got our home for $1.2m. I just checked my Monarch (a financial management tool) and our Zestimate dropped from $1.2m to $850K in a month. What is going on? Is there some kind of serious crash that just happened? Or is it some algorithmic error? submitted by /u/Interesting-Proof244 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1wp8p83/zillow_zestimate_dropped_by_350000_in_one_month/