Can I complain about a seller’s agent? Who to? (WA) Real Estate |
- Can I complain about a seller’s agent? Who to? (WA)
- Is anyone else discouraged they can only afford an apartment in their area? (CA)
- Seller wants us to waive appraisal clause
- Is there even such a thing as a poorly rated or non award winning school?
- Heating vents smell like garbage?
- [NC] How would I prove to the court that an occupant living in rental unit is not on the lease?
- Using tax liens to acquire land for nonprofit use
- My delivery date of an apartment I bought is one year late? what should I do?
- Has anyone created a development map?
- Has anyone had success offering a bounty for finding a buyer of a unique home?
- Offer Accepted/Inspection Tomorrow - Time for another Lender Quote?
- What would someone find different about buying and owning real estate in your country?
- Exclusive Buyer-Broker Agreement question
- HOA voted in a 5% increase in dues for “high irrigation water use” but landscaping is low maintenance and half the plants are shriveled and dead anyway
- What’s the appropriate way to go about asking about commission when making an offer before a property hits the market?
- Would you buy a house that has one hard to find "need" but is on the corner of a busy street?
- Didn't know selling house could be frustrating. Buyer cancelled contract before option period..
- collection agency for tenant who didnt pay rent and broke lease...
- Escrow 101 Please
- Moving to South Florida, Renting, Need Advice
- Looking to buy a rental property, need advice on how much to save up
- Offer before a property is live on MLS?
- Lowball offer
- Getting an estimate for fencing backyard before purchase?
| Can I complain about a seller’s agent? Who to? (WA) Posted: 20 Oct 2019 04:09 PM PDT House was listed for $395k just outside of Seattle. Maybe worth $475k as the neighborhood was great but it needed a ton of work. Still, great sweat equity or flip potential. This is a hot, sellers market so we offered $415k ($10k earnest, which was not requested, a great love letter, etc.) through our small agency agent. She said the seller's agent (local Berkshire-Hathaway) was rude and difficult to work with. He'd hang up on her during calls where she was asking questions about disclosures, made wild demands about inspections, and other poor behavior. We didn't get the house. Oh well. Until we saw it pop up online a month later as sold for $397k. And the buyer's agent is in the same office as the seller's! The Zillow on it went from $450k at selling time to $550k and climbing two months later. Zillow isn't reliable but it shows we could have made some solid money on the deal. We are pissed. What are our options? [link] [comments]  |
| Is anyone else discouraged they can only afford an apartment in their area? (CA) Posted: 20 Oct 2019 06:34 PM PDT Wife and I are 28, and have been saving for years. We've managed to save 60K. We both make 110k combined. Take home is 6k per month combined. Located in British Columbia, Canada We can afford up to 430K, which equals a 2 bedroom apartment. Townhomes start around 500K, Houses around 600K. We just never thought we'd have to settle for an apartment, and we're honestly feeling pretty discouraged this is all we can manage. We could stretch ourselves to buy a cheaper townhome, but it would mean a higher mortgage (approx. 40-50% of our take home pay, and no chance of being able to afford a child. Is anyone else in this situation? [link] [comments]  |
| Seller wants us to waive appraisal clause Posted: 20 Oct 2019 12:09 PM PDT We had put down an offer on a house and was accepted. We had mentioned in the contract that we will put down 15% down payment. After talking to a few lenders and comparing the financials, 10% down payment option looks better. Seller now wants us to waive the appraisal clause before he can sign off on the amendment (changing down payment to 10%). We would rather stick with 15% than sign the waiver. Wondering why they are asking us to waive the appraisal clause and how it is related to us putting less down payment. Any idea? Update: thank you all for your advice and perspective. Seller agent got back and told us that they will consider signing off on the lower down payment after the appraisal is complete. Seems like they want to use this to negotiate in case the appraisal comes low. We have funds to put down 15%. So, we won't allow them to use it to negotiate. [link] [comments]  |
| Is there even such a thing as a poorly rated or non award winning school? Posted: 20 Oct 2019 03:51 PM PDT So I'm in the middle of my house search and literally every single property says the schools are award winning and have a high "greatschools" rating. Does this crap even mean anything? How can every single school be award winning? When I look up most of these places the academic stats are absolutely abysmal, like national rankings >1000 level bad. [link] [comments]  |
| Heating vents smell like garbage? Posted: 20 Oct 2019 07:34 PM PDT Hey, all. We live in the Midwest, and it's about the time of year to turn the heat on. We started using it, and noticed a bad smell coming out of the vents. We hired someone to clean it all out (turns out there were dead mice in the furnace), but it still smells bad. Is that just residual smell, and it'll go away in time? Or do you think we've got a different problem? Has anyone else experienced this who can chime in? [link] [comments]  |
| [NC] How would I prove to the court that an occupant living in rental unit is not on the lease? Posted: 20 Oct 2019 03:21 PM PDT Shortly after my tenant moved into my rental unit, I'm fairly certain (though, not 100% sure) that he moved his girlfriend in with him. If she's living there, this would be a violation of lease agreement since the lease requires that all occupants be listed on the agreement. I actually don't have a huge problem w/ this except that now the rent is 20 days late. I'm going to start 'summary ejectment' (eviction) proceedings. In the event that the tenant pushes back or attempts to prolong the eviction process, aside from late rent, I'd like further proof that the tenant is in violation of their lease. But before I actually submit this violation on the court form, I'm sure I'll need solid proof. I'm sure it's pretty common for tenants to move in family/friends without putting them on the lease. How would I even be able to prove that that a person not listed on the lease is living there? It would seem to be like a hard thing to prove to a judge. If I could prove it, what kind of documentation would the court accept? Anyone been in a situation like this before? I'd appreciate any insight. Thanks, all. [link] [comments]  |
| Using tax liens to acquire land for nonprofit use Posted: 20 Oct 2019 09:27 AM PDT I'm researching purchasing tax liens in Colorado, particularly Douglas County, and I'm curious if it makes sense for my end goal. I want to get some land to use for a nonprofit I'm starting. From what I've read online, the time-frame for acquiring the property seems to be 1-3 years, depending on if the taxes are paid back. Is this correct? Is this a viable way to purchase land if my goal isn't to flip it but to use it? Is there anything in particular I need to research because of my intentions with the nonprofit? Does it change the way I file the W9? What types of financial advisers or people on the ground in my community should I be talking to for more knowledge on tax liens and acquiring properties for use by a nonprofit? If this isn't the correct place for this question, apologies. [link] [comments]  |
| My delivery date of an apartment I bought is one year late? what should I do? Posted: 21 Oct 2019 12:59 AM PDT Hi, I bought an apartment by installments that was expected to finish this year. But now I saw that it would take one extra year to finish. I contacted the agent and he told me that in this country it is allowed legally to have a one year delay maximum (which I facted checked to be true). what should I do? my last payment instalment should have ended this year. [link] [comments]  |
| Has anyone created a development map? Posted: 20 Oct 2019 08:05 PM PDT Curious if anyone on here has created a planned community map that is colorful and graphically well done? I am a commercial broker and have a new listing that is a turn key development of around 50 homesites. I would like to create a colorful community map from the plat so I can break it up into sections based on how they would most likely be priced by a new developer. I'm experienced in photoshop etc but I feel like there must be software out there to simplify this process, or at least a place that I can get pre made graphics to work with in the design. Any help would be greatly appreciated! [link] [comments]  |
| Has anyone had success offering a bounty for finding a buyer of a unique home? Posted: 20 Oct 2019 11:24 PM PDT My mom is selling her home, and has a seller's agent that she feels pretty good about. She wants to help out with the search for a buyer, though, so she's offering a bounty for anyone who can help her find a seller. If you've tried something like this before, or have heard of it being used, I'd really appreciate hearing your insights. She's putting up $10K, to be split up like this:
The idea is that even if you don't directly know someone who would want to buy her house, you might know someone who knows someone. It's a six-degrees-of-separation sort of idea. Her house has some very specific qualities that make it a bit rare, and we think that there may be a few prospective buyers out there that really value those characteristics highly. And we think that working through people's social networks by using the chain-of-referrals approach could find the person who's looking for exactly what my mom's house is: a craftsman house in the country that's a bed-and-breakfast by a river. Her agent told us that agents aren't permitted to be involved in offering bounties or incentives for purchasing a property, so he's not involved with the bounty. (If you're curious about the property, or want to see how we're you can PM me and I'll send the link, but this post is about getting feedback on the approach.) [link] [comments]  |
| Offer Accepted/Inspection Tomorrow - Time for another Lender Quote? Posted: 20 Oct 2019 07:31 PM PDT The more and more I work with my lender the more I wish I would have shopped around. He's a nice guy - but didn't explain APR (4.033%) or points (no idea). He charged us 500 bucks to lock in a 3.75 rate which kind of pissed me off (on top of the 1500 mortgage fee). Not sure if it's too late since offer was accepted based on his referral/pre-qual. I also don't even know who I'd go to. [link] [comments]  |
| What would someone find different about buying and owning real estate in your country? Posted: 20 Oct 2019 07:24 PM PDT For example, I'm from Canada, and I imagine the Property Transfer Tax in British Columbia would be different for most folks. On a $500,000 residential property in BC (hah!) you'd be paying an extra $8,000 in this special tax, on top of what is already some of the most expensive real estate around. In the US, I've heard about HOAs almost like a neighborhood strata, but I don't understand them. [link] [comments]  |
| Exclusive Buyer-Broker Agreement question Posted: 20 Oct 2019 09:47 PM PDT So I put an offer in on a home but decided to back out before the offer was accepted. Before the offer was sent, the realtor that I had only met that day wanted me to sign a Exclusive Buyer-Broker agreement. I signed it without really reading into it much. Long story short, another house has popped up I want to see but I really don't care to work with this agent. The length of the term is till the end of the month. Question I have is if I decide to reach out to the listing agent of this new property, and even get to a point I want to put in my own drafted offer and close outside of the agreement window, would there be any legal action taken towards me? Full verbiage below SECTION 1. The buyer hereby retains the (company), including (buyer agent name) as the authorized agent for the company, ending at 5 PM on Nov 1st or the closing of the acquisition of a property, whichever occurs first to act as the exclusive buyers agent in locating and/or negotiating of the acquisition of a property. The buyer agrees to not enter into another buyer-broker agreement with another real estate agent or brokerage during this period. SECTION 2. If during the initial term, or any extension of it, the buyer, or any other person acting in the buyer's behalf, acquires an interest in any real property as referenced in section 1 above, the buyer agrees to pay to the company a brokerage fee in the amount of 3% of the acquisition price plus a administration fee. SECTION 3. If within 0 months after the termination or expiration of this exclusive buyer-broker agreement, buyer or any person acting on the buyer's behalf, enters into an agreement to purchase, exchange, or lease any property, as referenced in section 1, located for buyer by buyer's agent or the company, or on which buyer's agent negotiates in buyer's behalf during the initial term, buyer agrees to pay to the company the brokerage fee referenced in section 2 [link] [comments]  |
| Posted: 20 Oct 2019 11:00 AM PDT I've had serious ongoing issues with the company that my HOA contracts for landscaping. They leave a mess, they've piled garden hose on my porch blocking my front door, etc. The landscaping design of the properties are intended as low maintenance and not requiring a lot of watering, but even so, many of the plants are wilting and drying out - because landscaping company sucks. Now I get a letter in the mail specifying that as of Dec 1, there will be a special assessment of 5% for "your daily operating expenses, including high irrigation water use." This baffles me because 1) the plants don't require a lot of water 2) they are half dead anyway and 3) the landscapers use the faucet on my damn property, which gets billed to ME through the water department. If the HOA is referring to in-ground irrigation systems, how does that reflect on MY daily operating expenses? I have no control of the timers or watering pattern set on their own irrigation systems. Can I fight this? And how? Edit: I don't think I'm personally being singled out by the HOA. That's not the point I'm trying to make. The point I'm trying to make is the ineffectiveness and inefficiency of the landscaping company is being shifted to the home owners. [link] [comments]  |
| Posted: 20 Oct 2019 08:12 PM PDT Buyers want to buy a flip in their neighborhood. House is just about finished (will be done within the next week or so) but the house hasn't been listed yet - buyers are prepared to make an offer this week - since it's not on the MLS yet how do I go about ensuring the commission I get? [link] [comments]  |
| Would you buy a house that has one hard to find "need" but is on the corner of a busy street? Posted: 20 Oct 2019 07:57 PM PDT My fiance and I have been searching for our first home because our current landlord is putting the house we rent on the market in January. We have been having a difficult time finding a place because my fiance's business requires a lot large enough for him to add a detached workshop. We live in a small beach town in Florida where large lots are hard to find and/or out of our price range. We are currently under contract for a house that I think is just okay. It's in our price range, has great curb appeal, and is totally livable as is. It has a new roof and AC, and had no major issues after the inspection. But in order for it to be what we want, we'd have to renovate the kitchen, floors, ceiling, and knock down walls which I'm estimating will be $35k. The bedrooms and closets are smaller than I'd like, the master bath is tiny with no way to make it bigger, but my major concern is that it is on the corner of a semi-busy street. The front of the house is on a small cul de sac, but the side is on a busy residential road with speed limit of 35mph. It is one lane in each direction but the middle school is also nearby which causes heavy traffic at certain times of day, and steady traffic the rest of the day. In the evenings after 6pm I'd say it only gets 5 cars/minute. Twice per year we have "Bike Week" where thousands of motorcycles parade down this road at all times of day and night. The cars are audible inside the house because the windows are original from 1969, and it is definitely audible in the backyard. I sat out there during our inspection and my first thought was "no way will this work". My fiance says "I didn't even notice it". The selling point for us was that this house already has a large workshop added on to the back of the garage, which will save him $15k because he won't have to add a workshop. The price we agreed to is already top dollar for the size of the house because the condition of the house is great. I am VERY bad at making decisions and not second-guessing myself, and am having trouble deciding if this feeling of panic is just anxiety or if we should back out because my concerns are legit. I literally go back and forth between wanting to go through with it every hour or so. I feel like I should be excited and there's just nothing to be excited about for me that makes up for the sacrifice of road noise. But I'm also terrified we won't find anything else by January that meets our "needs". Before this house we had found a few that would work but we either got outbid or the sellers wouldn't come down in price. My question is twofold: would you buy a house on the corner of a busy residential street? Would you buy a house because it meets one of your "needs" that has been hard to find (the workshop), but almost none of your "wants" without adding an additional $35k in renovations which would put the cost way over market value. TLDR: Under contract for a house that meets one of our hard to find "needs" (a large workshop), but none of our "wants" without putting in $35k in renovations. It is on the corner of a busy residential road. Would you buy a house on the corner of a busy street? Would you buy a house you don't love because it meets one of your hard to find needs? [link] [comments]  |
| Didn't know selling house could be frustrating. Buyer cancelled contract before option period.. Posted: 20 Oct 2019 06:50 PM PDT This is my first home and first time selling a house. So we had this buyer who literally put a offer on the first day my house was on the market. Then they requested a 14 day option period (they said they had a vacation planned during that time). My realtor didn't get a good vibe from them initially (buyer was a lawyer acting as his own agent). Anyways I thought things were in line but I guess selling a house isn't that easy? Sorry just had to vent.. [link] [comments]  |
| collection agency for tenant who didnt pay rent and broke lease... Posted: 20 Oct 2019 06:40 PM PDT I have a tenant (now ex-tenant) who didnt pay rent and broke his lease. My lawyers suggest i contact a collection agency. does anyone have a collection agency they can recommend? my main goal is to have it show up on his credit as i know we probably wont get much in collections.... or does anyone have recommendations of how i can report the credit agencies about his non-payment and breaking the lease.. thanks [link] [comments]  |
| Posted: 20 Oct 2019 06:07 PM PDT Can someone explain to me what the point of an escrow account is? I get it's used to pay for taxes and insurance but what do I need one for? If my taxes or insurance change can't I just pay the new rate every month? [link] [comments]  |
| Moving to South Florida, Renting, Need Advice Posted: 20 Oct 2019 05:53 PM PDT My two friends and I are moving down to South Florida. Specifically the Boca Raton area. The goal is to find a place here soon so we can move down by the 1st of the year. We are planning on renting a house down there for a year. After looking on Zillow/Facebook Market Place, we have found some options that look great within our price range. Is it normal for a realtor to be negotiating the rental price? If the realtor asks for what our criteria is, do we have to pay them for their help? I've only lived in apartments up until now so maybe this is a dumb question (: My other question would be working around the proof of income. I'll have a job when I get down there, but not 3 pay stubs worth of proof. Does my situation require a co-signer? Any information regarding this or moving down to South Florida in general would be greatly appreciated. Thanks! [link] [comments]  |
| Looking to buy a rental property, need advice on how much to save up Posted: 20 Oct 2019 05:22 PM PDT I am looking to buy my first rental property in the coming year or so, but I need some advice on determining the final amount of money I should aim to save up. I am looking at buying houses that range from $450k to $500k. Because this is a rental property, I am assuming I need at least 20% down, but how much should I budget in for closing costs? [link] [comments]  |
| Offer before a property is live on MLS? Posted: 20 Oct 2019 05:16 PM PDT Can you make an offer before a property is live on mls? There's a property we'd like that has a sign for coming soon that is not on the MLS yet. [link] [comments]  |
| Posted: 20 Oct 2019 04:35 PM PDT Interested in a house that I think is overpriced and curious what the best approach is to lowball. It's a neighborhood developed in 2000s, this particular house initially sold for 25% less than most others on the block. Now it's being listed about 25% more than others for some reason despite no renovations It has been on the market for 200 days (average being around 20 days in the area). Price cut 10% from initial listing, then another 10%, now has sat for 4 months since the last price cut. We're approaching winter, and now three new houses on the block just were listed, so it seems like a good time to try. How low can I go without completely turning off the sellers? [link] [comments]  |
| Getting an estimate for fencing backyard before purchase? Posted: 20 Oct 2019 04:08 PM PDT My offer on the house I want has been accepted and I should be heading to my lender this coming week. Closing looks like it will be late next month if all goes well. One of the things I'll need done ASAP once we close is the backyard fenced for my dogs. Would I be allowed to have a fencing contractor come out and give me an estimate prior to closing? I know the realtor has had painters out to do an estimate because part of my offer is having a painting allowance to have the interior completely repainted. But the fence would be on my dime. I was going to ask my realtor, but figured I'd ask here first to see if it's even worth asking her. [link] [comments]  |
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