I have no one to blame, but myself Real Estate |
- I have no one to blame, but myself
- A buddy of mine is looking at a rental property in MA. Landlord wants to come by twice a week for "inspections" with only hours of notice, and if the place is not clean enough to his standards, will charge my buddy 200 bucks for maid service. Is this legal/normal?
- Am I overreacting?
- Why is no one looking at my home? (MA, USA)
- Can I lose my house by letting someone live rent free?
- How to do a proper title search?
- At the moment I’m doing my courses for my real estate licensing. My questions is for all the successful real estate agent what’s the 1 thing you wished you would of known to help you become successful
- Can I be my own buyer agent without a broker?
- Best estate Agency?
- Signing a buyers inspection waiver after getting Termite inspection?
- How to find out why a seller is selling?
- Buy small vacant land next to my house?
- Title Company Behavior
- Alabama - parents are buying house FSBO. A realtor friend is telling them that they don't need title insurance or have an attorney review the contract prior to signing.
- What is a good site/report for monitoring real estate trends in a specific area?
- Buying a house in NJ with a commute to NYC
- What parties are involved in joint real estate purchases?
- Advice on Tahoe Park
- How Much House Can I Afford - With a Twist
- Found out the residential house I wanted to buy was being used as a movie set. The seller did not disclose this.
- Buddy and I are looking at a rental with a RE agent
- Typical Appraiser trainee salary?
- Looking to rent invest in rental properties for extra income. Tips and tricks?
- Best online real estate school in California?
| I have no one to blame, but myself Posted: 28 May 2019 08:44 PM PDT First time home buyer here! I just closed on my first home on May 1st. The other day I received my property taxes from the state and it read "tax exemptions $150,000" 😲 so... I did my research and found out that the previous owner was an injured vet and received a large exemption. Because of this, as soon as I file as homestead with the city I will either get a FAT bill or my mortgage will immediately go up by $200+ each month. When being informed that my "taxes may increase each year" I didn't realize that they will immediately go up $200+ after I received my closing disclosure and signed 600 documents. In all honesty if I would have done more/better research I would have never purchased this home. So with that being said, ALWAYS DO YOUR RESEARCH! [link] [comments]  |
| Posted: 28 May 2019 08:47 AM PDT |
| Posted: 28 May 2019 06:23 PM PDT I was ready to put an offer on a four unit house in Stockton when a fatal shooting happened across the street! It's a real bummer because I was going to go fha and house hack it by renting the other three units. Turns out there was an assault in the same area last week. Am I being a shrimp to pass on it? Prior to the shooting there have been no other violent incidents in the past six months. [link] [comments]  |
| Why is no one looking at my home? (MA, USA) Posted: 28 May 2019 04:32 PM PDT Bought a home a year ago for $415k. The open house was packed and we were almost in a bidding war. Home sold in 1 week. Trying to sell it now with minor upgrades (paint and landscaping) at $430k and we haven't had a single person see the home after 2 weeks on the market. It's on every website. I know people will say lower the price but what changed so drastically in a year? [link] [comments]  |
| Can I lose my house by letting someone live rent free? Posted: 29 May 2019 03:43 AM PDT I have a rental property that is currently vacant. I'd like to let my girlfriends parents live in the house rent free. Are there potential legal pitfalls I should be aware of before allowing them to move in? I'm in Alabama. [link] [comments]  |
| How to do a proper title search? Posted: 28 May 2019 05:19 PM PDT So I'm trying to run a title search on a property I want to buy, but I have a few concerns about it. When I go to the county clerks office and request the information on the computer with the name or address of the house, the deeds pop up related to it. Does this show all of the deeds and liens associated to the house, or do I have to look somewhere else to find any liens on the deed? Or is it all in there? This liens are suppose to be public records at the assessors office no? Are they attached to the address? Or is it different search? [link] [comments]  |
| Posted: 28 May 2019 07:19 PM PDT |
| Can I be my own buyer agent without a broker? Posted: 29 May 2019 02:16 AM PDT I got my MA license a couple months ago but never did anything with it. I know if you're a seller agent you need to be affiliated with a broker that will hold escrow money for you (and take half your commission for doing it) But if I'm buying a primary home for myself, can I be my own agent and get the full commission without having to work for a broker? [link] [comments]  |
| Posted: 29 May 2019 02:07 AM PDT Looking to become a trainee sales negotiator in order to progress to the higher leagues such as branch manager or Sales manger. However I don't know which estate agency in London I should join as there are a lot of opportunities. [link] [comments]  |
| Signing a buyers inspection waiver after getting Termite inspection? Posted: 28 May 2019 07:17 PM PDT What is the point or ramifications of signing a buyer's inspection waiver for termite inspection if a termite inspection (report doesn't look good) has already been performed? [link] [comments]  |
| How to find out why a seller is selling? Posted: 28 May 2019 05:31 PM PDT Background: my wife and I are interested in purchasing a townhome. The townhome is close to a fire department and has a fire hydrant on the property. Also there are some power lines close to the property as well. There is one additional red flag that I haven't been able to understand. The townhomes were built in 2017, but, a decent percent of the neighborhood is for sale (20%) at the same time. I've been trying hard to find out any information I can related to reasons. All I can get is your typical (marriage, divorce, job relo, family getting bigger). These homes are not selling for any significant profit either. Some even selling at cost to build. Anyone have tips to find out why these people are selling so quickly and all at once? I've even spoken with a resident and didn't get any valuable info. [link] [comments]  |
| Buy small vacant land next to my house? Posted: 28 May 2019 09:14 PM PDT My parents were offered to buy a super small vacant land next to our house. The vacant land essentially sits in between my house and my neighbors house. It's like 8ft wide and 100ft long ~ .01 acres. They want $4,000 for it. I guess the zoning from the county messed up and therefore there is small piece of land that is neither owned by my family or the neighbor, but instead by another person who wants to sell it to either my family or my neighbor now. My parents have a mortgage on the house, they plan to live in the house for the foreseeable future/potentially retire in the house. No taxes/liens on the vacant land. We are located in a major city. Everything checks out. But it's such a small piece of land, it doesn't really matter for us, except that we now own a little more land. Why would anyone buy it? If we do buy, we can pay it all in cash since it's super cheap. Is it worth buying? [link] [comments]  |
| Posted: 28 May 2019 04:59 PM PDT Hello! I am selling my townhouse in Austin, TX and was scheduled to close today. About an hour before the scheduled closing, after repeated requests, the title company finally provided me with the final settlement statement. Isn't this required to be provided to me 24 hours prior to closing? Nevertheless, this settlement statement did not reflect the executed contract. Specifically, the buyer had sent us an amendment last week that stated our agent credit the buyer 1.5% of her commission towards the buyer's closing costs. Of course, this was a ridiculous request and we did not sign such amendment. Nevertheless, the title company went ahead and honored the amendment and credited the buyer 1.5% of my agent's commission. In addition, the amount that had been agreed upon to be financed by the buyer was different than that agreed upon in our contract. Yet, the title company approved the closing with the changed financing terms. I informed the title company I would not close given they had prepared closing docs with changes I never agreed to. The title company, however, informed me the buyer had already executed their paperwork and I was legally obligated to close. Since the very beginning, the title company has been acting in ways that haven't sat right with me. I didn't think anything of it, but closing on a contract with changes that I never agreed to was the final straw. I did not feel comfortable and informed the buyer and title company that I was terminating the contract under my right to terminate since they failed to close according to the terms we agreed on. Around 5 PM, I received an email from the buyer's attorney that I will be sued if I do not agree to close. One of my best friends is an attorney and she has told me that I should stand my ground and even go so far as suing the title company for these blatant inappropriate actions. I am inclined to agree with her and I am willing to stand for what is right, unless I am missing something. Am I really legally required to close on something I haven't agreed to? Isn't the title company at fault? Thanks for your guidance! [link] [comments]  |
| Posted: 29 May 2019 12:19 AM PDT Hi all - and thank you in advance for your advice. I'm from the NW, where I bought FSBO, got title insurance, and had a lawyer review the sale document prior to purchase. But, I bought with money from bank. They are paying cash. This scares the daylights out of me. Please provide sound logical/ legal/ financial reasoning for why they should have title insurance and a lawyer, so I can show them this thread. Or tell me why I'm wrong. The realtor's point of view evidently was that the seller is supposed to provide title insurance. And since it's a simple sale for cash, it should not be a complicated document. Though, the seller will have their lawyer draw up the sales document. This realtor will also be selling their house after they purchase the new house. But I'm not from Alabama, so maybe this is the way it's done? [link] [comments]  |
| What is a good site/report for monitoring real estate trends in a specific area? Posted: 28 May 2019 06:10 PM PDT My wife and I have finally saved enough money and have a plan of buying our first home in an area about 50 miles from where we live now. Because of work we are looking to purchase in about 18-24 months. We are seeing home prices trend upwards in the surrounding area (on Zillow), but thankfully not where we are looking to buy and would like a reliable and comprehensive way to keep track of real estate trends in that area in case we need to act faster. Any recommendations for good sites or reports that list this info would be greatly appreciated. [link] [comments]  |
| Buying a house in NJ with a commute to NYC Posted: 28 May 2019 07:52 AM PDT Hi everyone, I am looking to buy a house. I work in Manhattan, and NJ seems to be a good option for buying a house. For those who live and have a property there, which city do you live in and why? What do you recommend? I'd like a green area, easy commute to NYC with up to 1h-1h20m to Manhattan, price is up to 650K, good schools. I have been looking at Montclair and Westfield, but taxes are killing me. Appreciate your input. Thanks! [link] [comments]  |
| What parties are involved in joint real estate purchases? Posted: 28 May 2019 06:00 PM PDT Hi everyone, I'm wondering what parties are involved (required or optional) in joint real estate parties. Lawyers? Realtors? Accountants? Mortgage broker? And does the real estate agent provide these resources? I've been heavily thinking about buying an investment property with my dad but not sure who i should get involved Thanks! Edit: thinking about buying a home as an investment property [link] [comments]  |
| Posted: 28 May 2019 11:57 PM PDT Can anyone give advice on living in this neighborhood in particular? I understand it's not grade A and there is some crime, but it is that bad? Looks like being on the corner of 14th adds more activity then preferred. Do you know what rent is in this area? Is the close proximity to Sac State and East Sac ideal? All advice would be appreciated. The end goal will be to move out of one side and rent both. I'm estimating ~1200/mo conservatively for each side (each currently renting for 925). Initially will live in one side and rent the other to family. [link] [comments]  |
| How Much House Can I Afford - With a Twist Posted: 28 May 2019 11:08 PM PDT (Tried to post this using an alt, but looks like it got marked as spam? Trying with my real account) I'm looking to buy a home, but I have somewhat of an unordinary situation. I know the general rule is to not buy a house that is more than 3x your salary, but this doesn't seem to take into consideration if you have a large amount in savings. I have $0 in debt and about 1.6M in cash, mutual funds, individual stock, 401K, and IRA. About $1M of that is liquid (cash and brokerage). Very relevant is that my current salary is around $250K, but I don't expect it to stay at that range if I'm fired or get a job elsewhere; it would likely drop to about $80-120K for the foreseeable future. No wife or kids, and that is unlikely to change. In my early 30's, and I spend around $3K a month, not including rent. So: How much house can I afford? I'm in a more expensive area of California, so homes are not cheap. Is $1M out of the question? $1.5M? Thanks! [link] [comments]  |
| Posted: 28 May 2019 01:49 PM PDT So, a week after the house appraisal, I drove by and noticed a out eight or nine trucks from a movie set. It turns out, they were filming in the house we just had appraised and were fixing to close on. There were dozens of workers with all kinds of heavy equipment, gas tanks, food etc. surrounding every square foot of the outside property. The crew was kind enough to let me inside. They were filming a scene in the eighties, for which they had staged old furniture and the house reeked of cigarettes and there were ashtrays filled with cigarette butts. Was the seller supposed to disclose the commercial use of the residential house or ask for permission since I had invested earnest money and was fixing to close within the next couple weeks? [link] [comments]  |
| Buddy and I are looking at a rental with a RE agent Posted: 28 May 2019 10:05 PM PDT If this isn't the right place, I apologize. My friend is in the Air Force and his contract is almost up. He and I want to move in together. We found a rental we both agree on. On my Realtor's recommendation, I plan on talking about this to the property owner. I realize there's no way to determine where this could go while asking reddit, but am I nervous for no reason? Do I have a decent plan for this? thank you in advance! [link] [comments]  |
| Typical Appraiser trainee salary? Posted: 28 May 2019 03:52 PM PDT I've been thinking about becoming a Real Estate Appraiser and in looking for the requirements I've stumbled across many different numbers for the salary I can expect to earn. I'm in Alabama and I've read 20k-30k, I've read 40k-50k, and on here I just read 10k (which is the reason I'm here asking this question lol. Yes, you read that right. Ten thousand). What can I expect as a general range for salary just coming into the field as a trainee? Thank you in advance! [link] [comments]  |
| Looking to rent invest in rental properties for extra income. Tips and tricks? Posted: 28 May 2019 08:01 PM PDT Located in Maryland. I live very close to DC so I think this area is a good area to be in and to invest in. There's a lot of growth here as well. I have a job I like paying 60k/year, 38 hours/ week. I have a lot of free time, and I'd like to make some extra money without getting another job. Have about $28k to play with, been saving about $800/ month so it will go up as I wait. I like the idea of rental properties and flipping houses. I've been watching some YouTube videos and planning to read some books to gain some knowledge in the industry. I have some basic handyman knowledge(painting experience, drywall, done flooring, basic electrical etc.) as well as a father who has 30 years experience in home repair and renovation and is a contractor. He's built homes and knows how to do work pretty much inside out and has a good staff of guys. My question is how do I get started? I want to do it right the first time and get to know the ins and outs of everything. What're some strategies you all have followed and believe are successful? Where do I go to learn the things I need to be successful and do things the right (legal) way. [link] [comments]  |
| Best online real estate school in California? Posted: 28 May 2019 04:05 PM PDT I'm looking for something that'll prepare me for the exam and ideally have videos and support. Anybody have any recommendations? [link] [comments]  |
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