Is this a real estate scam? Real Estate |
- Is this a real estate scam?
- Is it possible to combine two parcels of land? (Marysville, Ohio)
- How to Counter a LowBall Offer (US, OK, TX, AR)?
- How bad is it to not disclose termites on a fresh disclosure when the history was obvious / known
- The townhouse I'm buying is apparently a condo?
- pool built on easement
- Do you usually have a sewage inspection done?
- Help on proper eviction in California
- Neighbors have people living in their driveway
- Redfin vs Realtor?
- Is it possible for a realtor to search nationwide?
- Thinking about becoming an agent but want some questions answered first. Searched for awhile and couldn't find the answer to these.
- Reputation of Greysteel?
- Statute of limitations foreclosure in Georgia
- (CO) Have you used Veterans Real Estate Benefits (VREB) Network? Would you recommend it over USAA Real Estate Rewards Network?
- Hi. First time poster here, but I need some real estate advice...Connecticut
- Renting out room in my 3BD house. Should I ask for First/Last months rent plus deposit? Renter would be month to month. Special request for some weekends to be gone. California.
- What kind of mortgage can we afford?
- Inherited Two Properties, Renting One, Reno One, help [NY]
- Are any of the agents here based in south Florida?
- Low-Income Refinancing Feasibility
- Homes that won’t sell
- Changing Rental Lease Terms
| Posted: 06 Nov 2018 04:48 PM PST I was thinking about to putting my house on the market for awhile and was in the middle of talking to my agent about it and probably did a few of those calculators online to see what I would sell it for. One day, someone calls my personal cell and asks if I was willing to sell my house. I have a house on a rare zoning area so I've been fielding calls and letters like this since I bought the house since a lot of my information is online. They sounded like they did some research on my house and knew most of the details. I gave them some high number that was above what it would appraise for just to end the call. I told them I had another offer on the table already so they needed to give me a number that would beat it. The high number was high but not unreasonable...I might get that in the future but it was more than what previous offers had been. A few days later, they called me again and sent me an offer. It was the high number but the offer is...weird.
I checked both the agent listed on the contract as well as looked up the phone number that called me and it leads to a real brokerage and real person in my state. The agent has a number of great reviews both online and on Zillow. Its super weird that someone who is THAT experienced would send a non-standard NWMLS contract with so many potential holes. I guess my question is...is this legit? If this was not legit, how would someone expect to get away with it (IE they would have to give me money to get the house at closing and pony up a large amount for earnest money)? Do I keep going forward with this and see what happens or do I let the red flags speak for themselves? Is someone spoofing the information of a real agent including their phone number? Reasons for Not a Scam: -The name of the agent who sent it has a active real estate license (that I looked up) and a myriad of 5 star reviews and transactions over 3 years. -The email and contract includes a call back phone number and address that matches publicly available info on this agent and their brokerage. My agent also made the originating call to them. So if I called him to finish this, it couldn't be spoofed. -I checked the IP address of the originating contract and it matches the address and location of the agent- not out of the country. [link] [comments]  |
| Is it possible to combine two parcels of land? (Marysville, Ohio) Posted: 06 Nov 2018 07:03 PM PST We just bought our first house (we are a week and a half from closing, so excited!). It comes with two parcels, the main one, which the house sits on and the one between us and our new neighbors. This second parcel is only six feet wide (which, tbh, puzzled the heck out of me) and runs the length of the property. I would like to know if it is possible or even beneficial to combine them. [link] [comments]  |
| How to Counter a LowBall Offer (US, OK, TX, AR)? Posted: 06 Nov 2018 08:21 PM PST My house has been on the market for a few weeks now. I had previously been renting it. I want to sell the house and my agent found a buyer at the open house this weekend. It would be their first home but she warned me this evening that they are preparing an offer of 12% less than list price and with a bunch of contractual carveouts that I will have to review. My agent is in difficult spot because now she has to facilitate both sides of the transaction. I would like to sell the house but I am not in a position of urgency and can wait. What is the best way to get a successful agreement? I'm debating to either counter with a full price offer that rejects all their special contractual requirements or politely respond that I won't review an offer until they present a realistic sale price. My next best alternative in case I don't sell would be to sell it for its lot value which would be almost their offer but would be cash offer from a builder and only a 3% commission or to go back to renting it another year. [link] [comments]  |
| How bad is it to not disclose termites on a fresh disclosure when the history was obvious / known Posted: 06 Nov 2018 06:19 AM PST Just curious, Let's say you ask for a seller's disclosure prior to placing an offer, they agree, answer no to the question about past termite infestation, then you make an offer, get an inspection, and it immediately becomes obvious there is termite damage, and you also obtain documentation the seller's had signed a waiver to their termite company (waiver for admitting the infestation isnt fully treatable) and OBVIOUSLY, and even verbally admit they knew about the termite damage? What is the degree of shenanigans here? [link] [comments]  |
| The townhouse I'm buying is apparently a condo? Posted: 06 Nov 2018 11:31 AM PST I'm supposed to be closing on a townhouse I'm buying and just got a call from my lender saying "This property actually isn't a townhouse it's a condo, which will raise your interest rate and delay closing by at least a week because of all the additional paperwork required." In googling I see the main difference is whether one owns the footprint of the land or not, is that right? Why would that create a higher interest rate and delay closing? She said it's because it's "riskier" but I don't see how it is any riskier than before when we all thought it was a townhouse. [link] [comments]  |
| Posted: 06 Nov 2018 11:58 PM PST So, I'm in escrow on a house now and have noticed per the title report there is a 10 foot easement along both back yard fence lines for private drainage (underground stormwater drain pipes). The problem is, the inground pool comes up to about 5 feet from the fence. Meaning someone built the pool in an easement. The house was built in 2007 and the pool added sometime shortly after that. It's a really nice pebble-tech one, so it would suck to lose it. The pool wasn't added by the current owners, they have no idea about the easement. I'm going to go talk to the city in the next couple days. See if someone granted them a waiver or something, but my guess is no one ever really checked and most pools have to be set back 5 feet from the lot line, so they figured that was enough. The seller is rather eager to sell, so I could probably explain the situation and ask for a fair dollar amount reduction. My view is that it's unlikely this easement would need to be dug up, since it's a burred storm pipe (and it almost never rains here). I'd guess the pool is worth about 60k. I have no idea what it would cost to rip out half the pool and then make it smaller if they ever did need access though. Other than that, house is nice. What do you guys think? [link] [comments]  |
| Do you usually have a sewage inspection done? Posted: 06 Nov 2018 07:34 PM PST We're purchasing a home from the 1980s on community sewage. I'm unsure of whether or not we should order a video inspection of the sewage lines. Thoughts/suggestions are appreciated! [link] [comments]  |
| Help on proper eviction in California Posted: 06 Nov 2018 07:19 PM PST Hi i am a landlord of a house in San Diego, Ca. I'm going to start by saying english is not my fist language and i am very new to reddit. - Recently i have started an eviction process of my tenants who have been renting from my house on a month-month basis. There is a tenant who is behind on rent for several months, and is a disturbance to other tenants and myself. I have asked many times to not consume alcohol inside the house or bring guests over. These are just some of the violations to our month-month lease. This tenant lives with me by renting a room in my house. I am asking for help on what steps i need to take to properly evict my tenants I have asked a Realestate agent to assist me in evicting my tenants, we have filed and given the tenants a 30 day notice of termination of tenancy. I am afraid that even after the 30 days are over, the troublesome tenant will refuse to leave. What are my next steps i should take and what legal right do I have to ensure that this tenant will be properly evicted? [link] [comments]  |
| Neighbors have people living in their driveway Posted: 06 Nov 2018 05:26 PM PST Bonney Lake, WA Our next door neighbor has a trailer and RV in their driveway and road side of their house both with people living in it. It's trashy but I wouldn't care except for the fact that these people were the ones who broke into and drove out the previous family who lived in the driveway. I don't want to live next to thieves that will be sitting right next to my car and know exactly when no one will be home. Is there anything I can do? Is this reportable and if it is how do I know these people won't retaliate? I will note that I do already have security cameras and an alarm system so I've done basically all I can preventative wise. :( [link] [comments]  |
| Posted: 06 Nov 2018 08:27 PM PST Hey r/RealEstate, I am in a situation where I suspect my realtor might be steering me away from a Redfin represented home. The trouble is, I am not sure if I am being paranoid or not because I don't really understand how Redfin works. Do buyers agents get their commission cut/capped, or is that just the sellers agent? Thanks for your help. [link] [comments]  |
| Is it possible for a realtor to search nationwide? Posted: 06 Nov 2018 04:40 PM PST My family and I are exploring the possibility of moving to/starting a small family farm. We're open to really anywhere in the US as long as it's within 30-40 minutes of the company my husband works at so that he can transfer. (there are a couple locations in most states) We also of course have some other ideas and preferences, restrictions etc. Where is the best place to find a realtor that is capable of performing such a large search? Most realtors I see advertising in my local area seem to only be local realtors. Is there such thing as a nationwide realtor? [link] [comments]  |
| Posted: 06 Nov 2018 03:37 PM PST
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| Posted: 06 Nov 2018 07:21 PM PST I have an interview with them for a commercial real estate sales position specializing in multifamily at there Los Angeles office. It is 100% commision based. Anyone have any experience with this company? [link] [comments]  |
| Statute of limitations foreclosure in Georgia Posted: 06 Nov 2018 04:47 PM PST I had an 80/20 loan. In july of 2012 I stopped making payments, I believe the house foreclosed in May of 2013. Does the 6 year statute of limitations run up from the date of the last payment or the foreclosure ? [link] [comments]  |
| Posted: 06 Nov 2018 05:38 AM PST I'm looking to buy my first house and signed up for USAA's Real Estate Rewards Network. I've never had major issues with USAA but I can agree that more often than not I'm getting better service with them at the cost of paying more or not getting as good of a benefit. This seems to be the case here. I just found out about Veterans Real Estate Benefits (VREB) Network which seems to be offering $1,875 in closing cost kick-backs for my price range vs. USAA's $1,250. The cost to me would be switching Realtors from the woman I've spoken to once but seemed very pleasant with 7 years of experience to switch to this program and get a new realtor. Does anyone have any advice? [link] [comments]  |
| Hi. First time poster here, but I need some real estate advice...Connecticut Posted: 06 Nov 2018 12:58 PM PST We are purchasing a condo from my father in CT. We are trying to write up a purchase agreement as both parties have already agreed on cost, closing date, inclusions, etc. However, it is asking who the Broker is. As my dad is not using an agent, and nor am I, does this default to the lawyer? I'm not sure what to put down. Thank you so much in advance. [link] [comments]  |
| Posted: 06 Nov 2018 11:56 AM PST I am currently renting one bedroom in my house to someone who lives there M-F only. They are free to use the kitchen and washer/dryer. I asked for first and last months rent only when they moved in. Its been great so far and worked out. I am currently in the process of renting out another room for $100 more a month. I need the house free when I have my daughter because her mom is uncomfortable with the idea of a stranger in the house too. Because of this special request I have to look for someone flexible. I have found someone who can leave the weekends I have my daughter but would stay the weekends I dont. Hence the higher rent. I met him and he seems pretty chill and accommodating. However, I have asked for first months and last months rent up front and he said he cannot pay that. He has offered to pay a full months rent if he starts next Monday(12) and just pay rent accordingly the first of every month. It would be nice to get the extra income since I am not at the house M-F, but I also want to do things right. [link] [comments]  |
| What kind of mortgage can we afford? Posted: 06 Nov 2018 11:14 AM PST Looking in North Texas. Fort worth and surrounding areas specifically. About $150k a year income and rising. Problem is; I came up with nothing. Very meager beginnings. A fairly "whiskey tango" childhood. If you know what that means you probably did too. So when it comes to things I can afford I'm always pretty reserved and my wife is looking at houses that seem unrealistic to me. $250-$300k asking prices. Not sure if that's enough info but am I right in being cautious here or do I need to relax? Edit: we're using a VA loan. Don't know if that makes a difference [link] [comments]  |
| Inherited Two Properties, Renting One, Reno One, help [NY] Posted: 06 Nov 2018 11:02 AM PST Hey all hope you can help me I'm super new to this whole world and trying to learn a bit, I'll give a little background first: I have inherited two homes, one I plan to renovate and move into the other is currently a rental property I'm looking to sell. Both homes have no mortgage. Ideally I would like the sale of the rental property to help me finance the renovations of the other one but if that doesn't move quickly enough I'm open to taking a loan against either property to get the renovations that are necessary done. The properties were left to me in trust and I am the sole trustee with full control over it. What should my next steps be? Should I contact a lawyer that specializes in real estate to make my next moves? Should I enlist the help of an agent or realtor? Should I not borrow against the house I'm selling so that doesn't complicate the sale? I know I need to inform the tenant as soon as possible to give them as most time as I can. Any advice I could get on the way this usually plays out would be greatly appreciated. I feel so uneducated about this whole process lol thanks. [link] [comments]  |
| Are any of the agents here based in south Florida? Posted: 06 Nov 2018 10:13 AM PST |
| Low-Income Refinancing Feasibility Posted: 06 Nov 2018 10:07 AM PST Good afternoon all, My mother owns a home in Eastern Pennsylvania. She currently owes 140k on the house; I would estimate the house is worth 200k. It could be more but it needs roof work and cleaning. When my father left, he took the majority of family earnings with him. A bank agreed to provide her with a mortgage, but it was an ARM (pre-crisis, 2008ish). She received a letter that starting in January, her interest rate will rise dramatically, putting her payment at 2k a month. She can only manage that for a few months before payments will become unfeasible. While she is low-income ($30-35k), her monthly expenses are essentially ONLY the house and she has a 700 credit score. She does NOT have an FHA or USDA loan, nor is the mortgage owned by Fannie Mae or Freddie Mac. This rules out all of the government-backed refinancing opportunities that i've found. I have experience with mortgages, but refinancing seems like a totally different beast. Does she have a shot at getting refinancing, or do I need to brace her for losing/selling the house? Thanks so much for any help you can provide. I love following this community. [link] [comments]  |
| Posted: 06 Nov 2018 09:51 AM PST My friend has listed his home a few times in the past years, most recently two months ago, but never found a buyer. It's obvious that the reason his home won't sell is what kind of home it is and it's price. The home was/is priced at almost double everything in the neighborhood. This is because the land next to it was bought and the home was extended. Also the home is like a compound. It has a guest house, sauna, gym, etc. It's fairly different from the surrounding homes. Is this house doomed? [link] [comments]  |
| Posted: 06 Nov 2018 08:31 AM PST I am a landlord of a single family house that I used to own. I have a tenant living there, who has been renting from me for a few years now. I want to change the terms of our lease once it ends to have a definitive end date which is different than the current terms we've been renewing these past few years. Reason being is that I wish to sell this home next year as I'm honestly sick of being a landlord and losing money year after year. At this point in my life my family and I can't afford the stress and hassle of keeping up with this responsibility. I of course have not told the the tenant of my plans yet as lease end date is still a little ways off. I have written into the contract that I can sell the property at any time during the lease, but I'm trying to be considerate and give them plenty of time to look for new housing. Is it legal for me to tell tenant that our next lease I no longer wish to extend past a certain date when they've been residing for a few years? Say we've been on yearly lease terms for the past 4 years...At the end of this lease could I tell them I only want to make a new lease for 2 months? If tenant squats, what are my options? [link] [comments]  |
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There is always a raft of solutions which will be tailor made to suit each and each person's own unique needs because everyone facing an eviction has their own reasons why they're therein predicament.
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