Roofing Fiasco Real Estate |
- Roofing Fiasco
- Anyone work for Redfin? Curious to know how they work from firsthand experiences.
- Real Estate agents, what is your go to for information?
- US - California: How to go about selling Fourplex in economic opportunity zone?
- I probably ended up being a victim of an online scam while I was looking for a flat to buy. Luckily I got it on time but now I want to avoid that someone else could be frauded. What shall I do?
- [LANDLORD - NC] Does anyone have a "late rent notice" or 10-day notice to quit" email template?
- Lost condo docs, what now?
- Homeowners Insurance for Early Occupancy - NEW Construction?
- How to get a tour of a historical home for research purposes [IL]
- Well I just an offer in on my first home. How long does it usually take to hear back?
- Construction to Perm Loan Options
- Marketers of real estate developers, do you have a Facebook page for each project?
- Is some exterior wood rot and some attic mold common on houses in the Pacific Northwest?
- Buying my first home.. it’s FSBO and need guidance
- How much startup capital is needed to make 50k/yr off rentals?
- Oil tank inspection?
- What steps can you take to have a better chance when buying a home in an extremely competitive market?
- Investor Friendly Real Estate Agents in Denver.
- Trying to rent a house for me and some friends in a college town (College Park, MD) and need advice
- Moved into a flea infested condo. What are my rights?
- One selling agent and one buying agent
- bad credit
- Real Estate 1031 Exchange Options
| Posted: 03 Apr 2019 01:39 PM PDT Flair is problems after closing but I am worried it is turning to legal: I apologize, this got winded... My SO and I are moving into a house we just closed on last week. For some back story, the home inspection revealed a slight leak in the roof. In order to close on time, we simply got a quote for the repair and got a credit from the seller. After closing we scheduled the roof repair for today. Now on to the fiasco. We are not moved in yet, and the contractor said they would arrive between 8-9. My SO arrives 20 minutes early to see 5 men on the roof, whom have already ripped off half the shingles on the front end of the roof. They said they thought this house was a full roof replacement, apologized, and said that they would replace all the shingles on the front of the house so it does not mismatch with the rest of the roof. After some time they come back and say the plywood is in bad shape and needs to be replaced. Red flags galore. I called my home inspector to ensure that there were no issues with the plywood and they reassured me that they felt it was in great shape other than the leak these guys were hired for. I call contractor back and say replace the shingles on the front end of the roof, and repair what you were hired to repair. My SO at this point is watching them like a hawk because we are now worried about how they are going to put this back together. She sees that some of the boards have been damaged due them ripping up the shingles, calls them out on it, and they finally agree to replace those boards. She watches some more and sees that they were not patching the holes they made in the black paper that gets put underneath the shingles. So I call the contractor again and tell him what is going on at the site and they got get more paper to reapply. I get a picture from my SO and see that they are not replacing all the shingles on the front of the house, they are only replacing where they ripped it up. This is leaving a diagonal line across my roof that looks horrible. They also told me they would be fixing this part and have not. I call the contractor AGAIN (who by the way is not at the site) and he starts getting aggravated that I keep calling. He said they would not be able to fix it today because it is getting too late. Last I heard from him he said he would replace they entire front half of the roof but wants to charge me for materials, despite this being their mistake. He also stated that he wants me to sign something saying I agree they didn't damage my plywood, and it is in the condition they found it which I am having a hard time believing at this point. Does anyone have any advice on how to proceed here? I have never dealt with such a thing in my life. TL;DR: Had a roofer come out to fix a small leak in my roof. His workers showed up earlier than they said they would be there and started ripping up my roof thinking my house was a full roof replacement. They claim the boards underneath are in bad shape and are refusing to replace all the shingles on the front of the house to make it match, and are instead leaving it with a giant diagonal line that is very visible from the front of the house. How should I proceed? Edit: They finally finished the job they were hired to fix, and fixed the part of the roof they removed. He swears they replaced it with the exact same brand, color, and style shingle so it should match in a couple months. We will see but after very much back and forth tonight, we finally agreed that to just make the whole job moot and go our separate ways. I will have someone else come look at the roof and be sure to do a lot of research before hand. Thanks to everyone again! Great help! [link] [comments]  |
| Anyone work for Redfin? Curious to know how they work from firsthand experiences. Posted: 03 Apr 2019 05:36 PM PDT I've heard the agents get a flat rate salary, gas stipend, and can make upwards of 150k/ year. Any truth? Would you recommend the company? [link] [comments]  |
| Real Estate agents, what is your go to for information? Posted: 03 Apr 2019 01:05 PM PDT I am studying to get my real estate license in California. My goal is to take the exam in June. I want to make sure that I hit the ground running so I am curious, what are some online periodicals or even paper ones you all subscribe to? I want to learn, stay informed about market trends as well as marketing ideas. Any information would be greatly appreciated. [link] [comments]  |
| US - California: How to go about selling Fourplex in economic opportunity zone? Posted: 03 Apr 2019 10:22 PM PDT I own a single fourplex in Santa Cruz California. Its in an area that is one of the very few economic opportunity zones in the entire bay area. There are four fourplexes with a shared driveway with a total property size of about .9 acres. It is .25 miles from the beach in a very popular surfing area called pleasure point. I know that the property could be sold for more because of this OZ factor and the other 3 owners would sell as well as a package if the price is right. My question is what kind of firm should I be reaching out to for this? I'm going to be taking my proceeds and investing them into an opportunity fund so I can defer or eliminate my taxes on my gains. [link] [comments]  |
| Posted: 04 Apr 2019 02:09 AM PDT [It is my conclusion after having matched several elements, so I will avoid writing down names for now] A few days ago I found the adv of a flat on sale in Barcelona. The price was great so I got in touch with the owner. She got me back explaining a bit who she was - a doctor who had to move in the UK for work - and she told me she hadn't enough time to handle the selling process so she would have passed it to an international real estate agency allegedly based in the UK. I wrote an email to the contact she gave me and the agent wrote me the following email:
So she was asking 4275€ of deposit to arrange a visit. I went on their website and the page looked terrible. an international real estate with such a horrible page does not sound right to me. Therefore I inspect the page and in the header i found the indexing tags muted:
on top of that the website was using an http insecure connection. I couldn't even find any information about them googling their name, and the address provided in Street View didn't take me to a building I can say it looks an office. I even did few other tests to get more evidences. They got my data because I react naively without reading through the email (at first glance I thought they were just talking about their fees after the selling) . Quite frankly I don't care that much about myself, I'm sure I'll get by, but the entire process was very well thought that someone else could being caught. It is a suspect of course, but still... Question is, what shall I do know to avoid that? Thanks A. [link] [comments]  |
| [LANDLORD - NC] Does anyone have a "late rent notice" or 10-day notice to quit" email template? Posted: 03 Apr 2019 06:12 PM PDT I'm sending my tenant a 10-day notice to pay or quit by certified mail. However, I'd also like to send a less formal "late rent" email to the tenant. The purpose of the email is more of a late payment alert rather than "I'm threatening to evict" (since the certified mail 10-day notice takes care of that). Does anyone use such similar email for late-paying tenants? And would you mind sharing your sample/template? This is my first time sending one of these. Thanks in advance! [link] [comments]  |
| Posted: 04 Apr 2019 12:00 AM PDT Hello, The only thing I can get from the HOA are the CC&Rs. They don't have the articles of incorporation or the Condominium Plan. Does the city keep a copy of some of the governing docs of the HOAs that I could request? Thank you [link] [comments]  |
| Homeowners Insurance for Early Occupancy - NEW Construction? Posted: 04 Apr 2019 03:20 AM PDT We will be moving into a new construction about 2 months before our closing in June. This is a brand-new house, and I am looking for some insight on how to handle insurance in this situation. I assume we would get some sort of renter's insurance, but does this mean the builder would have to have their own structural policy in place? If it was an existing home, I understand the current owners would maintain their policy but I do not know how this would work with a brand new home. [link] [comments]  |
| How to get a tour of a historical home for research purposes [IL] Posted: 03 Apr 2019 07:10 AM PDT Not exactly a typical question for this sub, but I figured I could get an answer here. I research historical architecture in my spare time and contribute findings to various preservation societies. There is a $10 million Gilded Age mansion near me that is vacant and for sale. Although I have been to the property outside many times, I desperately want to take a look inside. I have contacted historical societies and the listing agent about the possibility of being allowed to step inside the home but to no avail (and I don't blame them, the historical society has no claim over the house and the agent is a multi-million dollar agent who has more important things to do). Since I can't get through to the listing agent, is it possible to contact another agent I know so he can show me the house as his "client?" I would make my intentions clear and just pay that agent some money for their time since I'm not really looking for a house and I obviously can't afford this one. [link] [comments]  |
| Well I just an offer in on my first home. How long does it usually take to hear back? Posted: 04 Apr 2019 02:41 AM PDT It got submitted at about 9:45 pm, should I expect to hear something tomorrow? This week? Also, if things go smoothly and they accept the offer about how long does it take after being inspected to officially sign everything over? [link] [comments]  |
| Construction to Perm Loan Options Posted: 03 Apr 2019 08:33 PM PDT I wanna build a house and I need money to do it. Been looking at construction loans and there's a majority of the construction I wish to do myself; dry wall, electrical, plumbing, flooring, etc. I am not a contractor though. So essentially, I would like half done by a contractor. Any ideas what financing for something like this would look like? [link] [comments]  |
| Marketers of real estate developers, do you have a Facebook page for each project? Posted: 04 Apr 2019 01:49 AM PDT Im working for a development company and we are thinking about shutting down all of our Facebook pages dedicated to different projects and only run a main Facebook page where we would post about all of the projects together. Have any of you done the same thing? How did it work out for you? Also, if there is a website with more information on this topic I would appreciate the link. Thank you [link] [comments]  |
| Is some exterior wood rot and some attic mold common on houses in the Pacific Northwest? Posted: 03 Apr 2019 10:28 PM PDT Looking at a late 1990s build home in the greater Portland, OR area. I was told that minor exterior siding wood rot and attic mold is a common thing in the PNW. Is this true? Edit: And Moss. I see moss on lots of roofs around here. [link] [comments]  |
| Buying my first home.. it’s FSBO and need guidance Posted: 03 Apr 2019 10:05 PM PDT Hello, So I have been pre-approved and have my pre qualifying letter for a home that needs some work but can grow as my SO and I grow our lives and our family. Our qualification is for 154k. It's a 1960s well built home with some cosmetic flaws however it needs updates in a BAD way. The house was appraised for 175 but the family listed it at 155. We offered 145 with the conditions that it be inspected and small repairs attended to and we asked for 2,000 dollars toward closing costs (our mortgage broker recommended we ask) as we are a young couple and this will be our first home/ first major investment and we would like to have money left over for minor cosmetic repairs. The sellers now are asking exactly what we would put the 2k towards with closing costs as they have to pay them as well. I did some light research (ie googling) and found that there are appraisal fees, inspection fees, closing escrow fees, tax mortgage fees, and so on and so forth. Now here's my concern. The sister of the family that is selling the home is a banker and I don't want to be bamboozled because we're young and she's a pro with this. What does the seller usually pay and the buyer usually pay? What could I state the 2k is towards in closing costs? We're literally just asking anything to make this process cheaper Also any advice for first time home buyers and navigating FSBO, Ill take it. Thanks!! [link] [comments]  |
| How much startup capital is needed to make 50k/yr off rentals? Posted: 03 Apr 2019 05:36 AM PDT I'll be having around 500k or so in the next few years and i'd like to get some passive income going my way. Everywhere I see 8-12% is where your ROI should be for rental properties you buy. Is the 500k mark doable, or is there more needed, etc etc? I'm fairly new to real estate so any advice at all would be of great help. 50k per year profit is my goal. [link] [comments]  |
| Posted: 03 Apr 2019 08:48 PM PDT I had my house and septic inspections done this past weekend and my attorney is asking of we had an oil tank scan done on the property. This house was built in 1998 and has always been natural gas and no other houses in the area are oil heating. Is this necessary to do given the history? Thanks. [link] [comments]  |
| Posted: 03 Apr 2019 08:54 AM PDT Fiance and I are looking to buy our first home- we are meeting with a realtor on Friday to get started. I'd like to be as prepared as possible. The market in our city (central WI) is very competitive right now- houses are often listed and almost immediately have 4-5 offers within a day. We currently live in an apartment with a month-to-month lease, and the landlord is just terrible (not taking care of a bat infestation, roof leaks, won't replace broken mailbox, took 9 months to replace leaking shower, ignoring bad water pressure... The list goes on). So we are motivated to get out as soon as possible, while not totally comprising and buying a house we don't love- or at least like very strongly. I know the month-to-month lease plays in our favor, and we have a pre-approval letter from our bank. What else, if anything, can we do to give ourselves a leg-up in this process and potentially beat-out other buyers? [link] [comments]  |
| Investor Friendly Real Estate Agents in Denver. Posted: 03 Apr 2019 09:21 AM PDT |
| Trying to rent a house for me and some friends in a college town (College Park, MD) and need advice Posted: 03 Apr 2019 07:03 PM PDT Hey everybody! So me and 3 other guys are interested in renting a house in the area of College Park, MD. We all attend UMD and are looking to begin our lease in the fall around August. An issue we are running into is that there are houses that are posted on real-estate websites such as Zillow or Trulia, but when we contact them and state that we intend to lease for the August, we aren't receiving any replies. This could be because the landlords are looking to find a tenant ASAP, and would rather not wait until August seeing as that is several months away. Just wondering if that is likely the reason why we are not receiving any replies and if anyone has had any experience similar to this in the past. Would more houses be listed on those real-estate websites around the summer? That would certainly make more sense but I am all but clueless on this front so that's why I'm here! Thanks! [link] [comments]  |
| Moved into a flea infested condo. What are my rights? Posted: 03 Apr 2019 01:03 PM PDT Can I get reimbursement for a new vacuum, diatomaceous earth and natural bug sprays? I already have 3 vacuums and purchased a new one strictly for the fleas (since the movers were too late and I didn't want to live in a flea infested place) they offered to hire exterminators but I refused because of the toxic chemicals they used. Also the place was supposed to be clean when we moved in (they hired a cleaning company). When I called the company today they said they only carpet clean (no vacuum). When I used my carpet cleaner I got out so much dog hair it clogged the machine every 5 minutes. And the water was (and still is black) despite the fact that I've cleaned it multiple times. The company is supposed to come again next week but they obviously suck if they didn't even get out the dog hairs that my cheap carpet cleaner could. So I don't even know what to do. I will have to purchase a commercial grade carpet cleaner just to get the water to stop running black.... [link] [comments]  |
| One selling agent and one buying agent Posted: 03 Apr 2019 12:52 PM PDT My wife and I are currently in the process of selling our home. We have signed a seller agreement, have it listed and are in the counter/offer stage. Our experience with our agent has been less than ideal. Lack of communication, doesn't seem motivated, unsure of himself and a bit condescending (we are in early 30's and this is our first sell). We also have come to believe that he might not have the reputation that we believed to have. That part is a fault of our own, as we didn't do our research and interview multiple Realtors. We have found our dream home to purchase and we don't feel we should feel obligated to use him for the purchase. He was hired and signed to sell the house, which he is struggling with and we verbally agreed that if things worked out, we would buy through him. Things have picked up and we don't think he can manage both the sell and buy at the same time and therefore have another realtor working on the purchase. We have not told our selling agent yet, because he still has a job to do and still believe he can get it together. Are we in the wrong here for hiring another agent for purchase? What can we expect his reaction to be and how should we tell him so he can continue to be a professional and follow through with our contract? Is it normal to use 2 different agents? We live in a rather complex and high demand part of the United States. Any guidance or feedback is appreciated. [link] [comments]  |
| Posted: 03 Apr 2019 06:35 PM PDT can you put a down payment on a house and get put on a mortgage if you have bad credit? [link] [comments]  |
| Real Estate 1031 Exchange Options Posted: 03 Apr 2019 05:02 PM PDT I have a $3M+ commercial property for which I would like to do a 1031 exchange, potentially taking on debt financing to procure a ~$6M property. I'm currently deciding between NNN properties, a mixed-use single owner property (not pure NNN, although could include a triple NNN tenant, amongst others), or a Delaware Statutory Trust. Can anyone tell me the differences between the three - I've read some online but having difficulty getting clarity on a lot of the details. How do the returns on these three types of investments compare? NNN vs non-NNN vs DST? Why would anyone do a NNN rather than a DST? My sense is non-NNN property investment is the highest risk, highest management-time investment, but highest return, while DST is the most passive, but least risky (w. a diversified portfolio of properties) - is that accurate? Do the returns generally reflect this (i.e., non-NNN highest risk highest return, NNN mid/low-risk mid/low return, DST low-risk low return)? Lastly, does anyone have any suggestions on a good book that addresses these types of questions? [link] [comments]  |
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