Lol redfin Real Estate |
- Lol redfin
- How can a teenager get into real estate?
- How to find out about future developments ?
- Property management company requesting credit card to schedule a showing - red flag?
- How do banks define a kitchen? (US - TN)
- Counter-offer questions from a first timer
- Question about multiple properties on 1 land
- Do you guys consider real estate to be a physically active career?
- 10 showings, no offers on house, what should I do?
- Investment Opportunity Do it or Not
- First time home buyer with a lot of questions
- Real Estate business put sign on our rental property.
- Invest in badly damaged home?
- Is a $1000 house worth it?
- Is There Any Benefit to Putting Six Figures as a Down Payment? (US)
- Brokerage questions
- Considering a career change to become a realtor. Any advice on pros/cons?
- How can you buy a house if you're coming to the usa?
- I am a single mom with 45k income 1 year on the job, how hard is it to get approved for a home loan?
- Sold Data - (Ontario, Canada)
- How does this sound?
- What is the incentive to dual representation?
| Posted: 28 Oct 2018 01:25 PM PDT My redfin estiamte was 750. I listed at 675 and got no buyers. House actually sold for 625. Redfin retroactively changed their graph to pretend their original estimate was 640. [link] [comments]  |
| How can a teenager get into real estate? Posted: 28 Oct 2018 11:38 PM PDT I am 15 years old, and I want to get into the real estate market. I have a good chunk of change that I can invest. Is there any good books that I can read on real estate? I want to start investing, and my parents are supporting me. [link] [comments]  |
| How to find out about future developments ? Posted: 29 Oct 2018 01:57 AM PDT If I wanted to know what future projects developers (can be commercial or residential) are approved for or trying to get approved for, is there a database to look this up? Particularly in Los Angeles but if you have any insights on other markets like NY etc then that's okay too. From what I understand developers need to apply for a permit first and get approved for that permit before building anything. [link] [comments]  |
| Property management company requesting credit card to schedule a showing - red flag? Posted: 28 Oct 2018 01:59 PM PDT Experienced renter, found a place that I'm really interested in. Went to schedule a showing on their online portal and they're asking for a picture of my ID (which is fine) AND my credit card number (complete with CVC, billing address and expiration date). Have never ever encountered this and it sent some red flags up for me- is this a normal practice or as suspicious as I think it is? [link] [comments]  |
| How do banks define a kitchen? (US - TN) Posted: 28 Oct 2018 09:42 AM PDT My mom has purchased an historic home to renovate as a retirement project. She had planned to fund the renovation with the proceeds from the sale of another property. Well that property has been on the market for 9 years now. In the meantime mom has self financed some work on her historic property including having a poorly done old addition torn off. The torn off part happened to contain the kitchen. So now that she sees she's going to have to get a loan for the renovation, and she can't get a loan on a property with no kitchen, she is curious to know how much of a kitchen would have to be installed to get a loan. Just a sink? More? Thank you in advance. [link] [comments]  |
| Counter-offer questions from a first timer Posted: 28 Oct 2018 09:23 PM PDT Hey guys, thanks for any help in advance. Who knew this buying a house stuff was so stressful? (: Tl;dr: offered list price minus $2500 if they replaced water heater and fixed chimney, received counter offer where seller buys 1yr hsa warranty on furnace, water heater, and roof leaks, credits me $1000... agent pushed me hard to sign it. Is the warranty bogus? How do I respond? Is my agent an asshole for not looking out for me here? I made an offer on a house for full list price contingent on inspection. Inspection came back and said there was possible leaking from chimney on the roof, and the water heater(gas) and furnace were both old (20 years). In my offer after inspection i said that I'd like them to replace the water heater, have a contractor come and look at the chimney, and give me $2500 credit towards furnace(i actually wanted it off list price but I think my realtor misunderstood me, or maybe is trying to maximize his profits?) They countered with the offer to purchase a HSA warranty on the appliances in question(water heater and furnace) and roof, for one year, as well as $1000. The warranty terms seem okay until you read the FAQ and realize that they'll deny coverage of any preexisting conditions or anything that fails due to lack of maintenance... so why would they ever replace a failed 20 year old water heater?? The reviews for this company seem, well, shit, as well. But I know reviews aren't always trustworthy. When I asked my agent about whether or not they'd be able to deny for being old/not maintained he said that he had "read the fine print" and that even though it seemed to good to be true, it wasnt. Later, after sending me the documents to sign, I had mentioned that I had found the warranty companies website and looked through their FAQ and he basically said he had tried to send it to me, but couldn't get it to work... this whole last interaction with him has made me very skeptical of him even though the rest of the process he's been good. Am I stupid for asking so much from the sellers? I don't want the warranty, I think that's a scam(unless others can tell me it's not), so I'd like to counter with "fix the chimney leak if it's leaking, replace the water heater, give me $1000 off list price." But I'm wondering I should just push for the water heater and money and forget about the roof. Is my agent scamming me with the warranty? Also, bonus question: this is my first house I've physically looked at and my brother tells me I'm a dipshit for offering full price on it right off the bat and for not looking more. I've been looking online for the past 6mo-1year, and this is the only house that has come up in our area that has a garage, yard, decent basement, not right on top of train tracks or other loud shit, and is slightly under budget. I feel like I struck gold, but he made me feel pretty small. Am I totally stupid for doing that? Thanks again! [link] [comments]  |
| Question about multiple properties on 1 land Posted: 29 Oct 2018 01:05 AM PDT I bought two properties (duplexes) and its on 1 plot of land. Not a big land or anything just so happens to be they are both on the same land next to each other. If i wanted to sell just one of them would it be difficult? In Georgia if that helps [link] [comments]  |
| Do you guys consider real estate to be a physically active career? Posted: 28 Oct 2018 10:53 PM PDT Hello everyone! I am interested in pursuing a career in real estate and I am wondering if it contains at least moderate activity. I always thought open houses were somewhat active but what do you guys think? I am asking this because even though I currently don't have any health issues, I want to make sure I become more physically active so I can increase my life expectancy and think more clearly. [link] [comments]  |
| 10 showings, no offers on house, what should I do? Posted: 28 Oct 2018 10:14 PM PDT I have had just around 10 showings. House has been on Zillow for 18 days and has 600 views. I just dropped the price a few days ago. Am I being too impatient? First time selling a house. The house is listed in the same price range as other houses that have been sold around me [link] [comments]  |
| Investment Opportunity Do it or Not Posted: 28 Oct 2018 09:22 AM PDT USA Midwest College Town. I have an opportunity to purchase a condo for about $70k. The condo fee is $120/month. Property tax is about $110/month. It is currently rented for $750/month. Option 1. I pay cash 100% for the property. Option 2. I borrow 80% and carry a mortgage of about $56k. I keep the rest of the cash for whatever. Option 3. Not buy this property and invest in stocks with $70k instead. The stock market is adjusting and it might be a good time to buy if it gets lower. Under option 1, is it s good investment? [link] [comments]  |
| First time home buyer with a lot of questions Posted: 28 Oct 2018 03:42 PM PDT I've been preapproved up to $300,000 VA Home Loan. I'm looking at a home that was listed at $325K and Recently dropped to $310K. I really like the home and am wanting to put an offer for $300K down. There is a section that includes "Compensation to be Paid by Buyer" in my offer. It states *in the event of a sale or lease, the Compensation to be paid by Buyer to Broker shall be: 2.5%* I called my realtor and asked if this was the amount I would be paying, she told me it was not. Is this accurate? Also I was told closing costs (approximately $10K) would be part of the $300K payment. Is this typical for a loan? Any input is much appreciated and links that could get me in the right direction. [link] [comments]  |
| Real Estate business put sign on our rental property. Posted: 28 Oct 2018 05:04 PM PDT Real Estate business put sign on our rental property. Not sure what it means. It looks like it's just advertising the company, as there is no indication that our specific rental is open to renters. We haven't violated our lease at all to the best of my knowledge, and they haven't notified us with any issues concerning our status. We're students, and they know we're planning on renewing for next year. They didn't notify us that the sign was going up. They did, however, recently change names, could this be why they'd feel the need to advertise? Is this a common practice, or should I be expecting an eviction notice? [link] [comments]  |
| Posted: 28 Oct 2018 07:47 PM PDT Around 4 months ago a storm came through my neighborhood and a tree fell on a house in my neighborhood. This home was a rental house and the tenants had to relocate due to the damage. Since that event, the homeowner has simply placed a large tarp over the broken roof and has all but abandoned the property. I am assuming he has no insurance coverage or the insurance company wont pay out. At this point now there is almost guaranteed water damage in the home and I have not seen anyone in or out in months. Im curious if this is a situation where an investor could come in and offer to buy the property off the current owner who is doing nothing with it. What pitfalls am I looking at? Could the city condem a home like this and then raze it in the future? how would this process go? I am considering tracking down the owner with an offer but want to know what im getting myself into. On the repair side I have several well qualified construction partners, just need advice on the buying side? Thanks! [link] [comments]  |
| Posted: 28 Oct 2018 07:38 PM PDT Lately someone been looking at buying a lot that is valuable to our family, but the neighborhood in Detroit it's in has declined so dramatically that more than half the houses are foreclosed or abandoned. However it's in perfectly 0.25 miles distance in the middle from a high school and a police station. It's also a corner lot, and the house (now demolished) looked good in 2009. It was a much better neighborhood just 15-20 years ago and the family member is interested in buying the lot because he believes the neighborhood is bound to recover eventually. It's less than 5 miles outside downtown. Could it be worth it or are places like these beyond repair? [link] [comments]  |
| Is There Any Benefit to Putting Six Figures as a Down Payment? (US) Posted: 28 Oct 2018 07:21 PM PDT Hi everyone.... So, while I don't have Six Figures at the moment, I will when it's time to buy my first house. So, is there any benefit to me to do so? I know I'll have a smaller Mortgage as a result of course, but I mean in terms of bargaining power? For example, if I tell the Seller that I'm gonna put down like 200k cash, would they be more inclined to lower the asking price on the house? I don't know how house-buying works so I'm sorry for asking such a presumably simply question. Thanks! [link] [comments]  |
| Posted: 28 Oct 2018 01:11 PM PDT I've recently been seeing some people make remarks that KW is a MLM? I just wanted to see this subs opinions on brokerages. Are there some that you should try to avoid as a new agent? I wanted to join KW ever since the beginning and still intend to (unless something really horrible is revealed). If KW is not a MLM, what makes people have those opinions? Thank you to everyone in advance! [link] [comments]  |
| Considering a career change to become a realtor. Any advice on pros/cons? Posted: 28 Oct 2018 07:01 PM PDT |
| How can you buy a house if you're coming to the usa? Posted: 28 Oct 2018 03:13 PM PDT Ok my one my cousin are coming with his kids to the United States from Pakistan in a few months. he has save enough money to buy a house in NYC he own a store that how he saved so much money so how can he start the process of buying a house in NYC know. [link] [comments]  |
| I am a single mom with 45k income 1 year on the job, how hard is it to get approved for a home loan? Posted: 28 Oct 2018 06:45 PM PDT |
| Posted: 28 Oct 2018 10:56 AM PDT Hello everyone. Recently, the Supreme Court of Canada has granted sold data access to the public and I am looking to access this newly public data. How do I access the sold data for Windsor, Ontario? Thanks. [link] [comments]  |
| Posted: 28 Oct 2018 12:28 PM PDT Ok, I am into Real Estate investing on the side. I am working to make this my full time career. In the past few years I have sold a flip and made a profit and I now live in a condo that I am currently renovating. I have been pondering over a particular way to leverage money from the bank and it goes like this:
If this a good idea? When will they stop giving me money? [link] [comments]  |
| What is the incentive to dual representation? Posted: 28 Oct 2018 03:06 PM PDT Hi RE Squad, Going through my first home buying experience. Was shown several houses by our agents (2partners) who did a great job with a slim inventory. Nothing really stuck until my wife asked if they knew of anything being remodeled completely. This triggered them showing us a house they are the listing agents of. We are feeling really interested but fear we might get screwed on price because of dual representation. House was bought by seller this year and construction/remodel will be completed in a few months. They represented the seller when he was the buyer originally. What's the incentive for the realtors as dual reps? Our realtor mentioned he will rep the seller and his partner will rep us so there is separation. Any thoughts on that? Would mentioning we may find another realtor due to conflict of interest be enough to get them to negotiate more aggressively on our behalf? [link] [comments]  |
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