COVID-exposed buyer in our home with no mask Real Estate |
- COVID-exposed buyer in our home with no mask
- I've become an alcoholic as a first time buyer.
- Just purchased my first home and it's a nightmare. What could I have done better?
- Offer Accepted!
- [ID] Buyers want us to remove each rock with paint around the house.
- A buyer tried to purchase home but the loan company went insolvent and seller won't return earnest money because the buyer released all contingencies
- How to compete against cash buyers
- Realtor harassing me after Google review
- Realtors: when was your now or never moment.
- Buying international
- Need for an inspection?
- Making first offer on first house. Realtor is pushing us to offer without an inspection.
- Seller keeps changing agent
- Is she going to hurt the sale of the house?
- Arbitration Disclosures
- Richmond American Problems with home after warranty
- Historic property grant and easement - worth it?
- How are hot markets not in an endless appraisal to price increase loop?
- Selling our grandpa's old house as is. Family wants to put some work into it (painting, cleaning, small/easy wall repairs) but the realtor told us don't bother because we would basically only make back the money we spent to work on it. Should we put a little TLC or leave it as is?
- Lender Issues
- Rental property outside your resident state.
- Using one mortgage to pay off another. NC
- Can you be approved for a mortgage if you have a job in your state
- Rental?
| COVID-exposed buyer in our home with no mask Posted: 24 Aug 2020 01:20 PM PDT A rant: Buyer, 21-yr-old guy, has history of overstaying home visits by over an hour. We were supposed to close today. He wanted another walkthrough before closing to show his roommates. We agreed, but insisted it was only for the allowed half-hour (we work from home). We got notice we can't close because buyer has been exposed to COVID. We delayed closing. We canceled walkthrough, but realtor insisted it's just the roommates and to keep the walkthrough appointment. We agreed. We get home 20 minutes after the end of the walkthrough to find six maskless people, including the buyer and the realtor, all still in the house. They come outside, then continue to talk for five minutes. I finally get out of our car and say, "Are you done?" Tell my realtor, he basically says nothing can be done. I am absolutely livid. I'm sure I'll get a dozen people in here telling me masks don't do anything, but that isn't the point. The point is they give less than zero craps about respecting our time or health; they are more worried about the title agents than they are about us. People can be utter garbage sometimes. [link] [comments]  |
| I've become an alcoholic as a first time buyer. Posted: 24 Aug 2020 07:51 PM PDT Listening to my father in-laws experience of buying 15 years ago sounds like a fantasy. Being able to look at multiple houses and CHOOSING which one is best. While my wife and I are literally losing bid offers on houses built in 1910.... wtf is this market... [link] [comments]  |
| Just purchased my first home and it's a nightmare. What could I have done better? Posted: 24 Aug 2020 08:02 AM PDT My husband and I purchased our first home in April and I've cried nearly every day since moving in. My neighbors are a NIGHTMARE. There's constantly trash in the streets, loud music at all hours of the day/ night and a drug dealer that hangs out on the corner. People regularly get into SCREAMING matches at 1am. I havnt been able to sleep above ground since moving in. When I call the police they just laugh and tell me there's nothing they can do. More importantly, my home is a disaster. After moving in we noticed some drywall issues and reached out to a structural engineer. Turns out, our original inspector missed apparently obvious signs of settlement, midspan beam displacement, termite damage and foundation shrinkage cracks. My basement walls permeate moisture so now my basement is covered in black mold. And after a month the high tech low-flush toilets that are in every bathroom of the house are emitting an odor that makes the entire house smell like sewage. How could I have prevented ending up in this situation? In terms of moving to a bad neighborhood I thought we did our due diligence. I asked my realtor her opinion of the area. I checked the crime reports (while crime had been an issue for this area in the past, the area has had low crime for the past 2 years). I asked the neighbors what they thought of the neighborhood (they all said it was quiet and low-crime). My husband and I drove by the house on multiple days of the week at multiple times of day to check out the neighborhood. It was always quiet, with no trash or drug dealers in sight. Then again, it was COLD during all of those visits so I had no idea what the neighborhood would be like once the weather was more inviting. I swear, as soon as we moved in all the crazies decided to come out and let their freak flags fly. I hope to move out of this hell in the next couple years and I DO NOT want to repeat whatever mistakes I made this time around. Update: We are going to try to sell our home and honestly probably won't purchase another any time soon. We know we'll take a loss on the property but regularly losing sleep is destroying my mental health. No one should have to live somewhere that makes them cry daily. [link] [comments]  |
| Posted: 25 Aug 2020 03:15 AM PDT Holy Crap! We did it! We have been looking for about 2 months now and in our price range houses are rare. We looked at probably 20 houses pictures and 4 in person. We offered on 2. First one went over asking by about 12% and my realtor and I are both still shocked at the amount over it went as it was listed pretty close to top (both me and my realtor feel this way). House #2 came up right around the corner from house #1 we bid on. It was pending but the buyer couldn't perform. We saw the house, was bigger and a little more land, right next to all the stuff my wife can walk to. (She doesn't drive). Its practically the top of our price range BUT we offered listing price as again we all felt it was fair and we got it! They gave the old buyer until the end of the day yesterday to preform but they could not! I know nothing is final until we have the documents signed and keys in hand but I am overjoyed to get out of our super small run-down house... which I gotta figure out how I'm selling. We have been in this tiny house for about 8 years now and 4 since our son was born. We are so ready to have space! So excited, had to share :-) [link] [comments]  |
| [ID] Buyers want us to remove each rock with paint around the house. Posted: 24 Aug 2020 05:43 PM PDT Pretty much what title says. We just painted the house, and there's over spray. There's a few areas around the house that has gravel. Some of the rocks got hit, and buyers want us to remove those rocks. We offered to rake it up and basically get them away from the house, but they say it won't pass FHA appraisal. It is going to be a lot of work to deal with this, especially since we have a lot of other work to finish around the house. Is this true? Is this because of lead based paint chip concerns? A few points:
Any recommendations here? What's the reason they would care/think FHA would care other than lead based paint? These buyers seem to be very picky and might call out any blue they see in the gravel/soil even if it's at least 2 ft away from the house. [link] [comments]  |
| Posted: 24 Aug 2020 05:34 PM PDT A buyer tried to purchase home but the loan company went insolvent and seller won't return earnest money because the buyer released all contingencies. Can there be any way to get the earnest money back? [link] [comments]  |
| How to compete against cash buyers Posted: 24 Aug 2020 01:40 PM PDT I have been trying for the last 6 months to buy a rental investment. Is there any advantage at all for a seller to accept a non cash purchase? [link] [comments]  |
| Realtor harassing me after Google review Posted: 24 Aug 2020 01:07 PM PDT Hello. I am fairly new to reddit so please forgive if this is the wrong place to post this. I'm just not sure what to do. I had an unprofessional interaction with a local realtor who was selling a house that we were interested in. The short of it is that they were incredibly rude about an offer that we made which was not in any way offensively low. After talking about it more with my husband, he posted a rating of this realtor on Google. She responded to the review claiming to have no idea who we could possibly be and that we were online just to misrepresent her business. But she has also not stopped calling my phone number which was on the email where my agent sent the application! She is harassing us to remove the review. When I look now I see that Google is no longer calculating our one star rating into her overall score. I'm guessing she flagged it. I feel helpless in the situation and feel like my review and experience should matter. Is there anything we can do? [link] [comments]  |
| Realtors: when was your now or never moment. Posted: 24 Aug 2020 08:05 PM PDT When was your I need to go full time in real estate and do this or I never will moment? [link] [comments]  |
| Posted: 25 Aug 2020 12:29 AM PDT So, if to buy overseas outright. Do I need to look out for certain tax policies by my own country of owning a property overseas? (Australia) [link] [comments]  |
| Posted: 24 Aug 2020 11:51 PM PDT In the country I live, when selling a house, inspections by a independent third party are not common. In fact I am struggling to even find someone who can do it. I recently found a very good deal on a property which has sat empty for a number of years and is run down. Complex owners have sent a team to do full repairs, replace all wooden decking, repair the pool etc. this is at their expense and I am on site to check all that is done properly. However, I am concerned about potentially bad foundations. On the left of the house the land has subsided about 3 cm, you can see this from the missing paint on the exterior wall and the water pump pipes coming out their brackets. A couple of ornamental walls have also pulled away from the main structure and one has cracked and a piece broken off the bottom due to the soil being missing underneath (these are not load bearing, they are just cover walls around drains etc. Is this sort of settling a big deal which could result in serious structural problems, the seller assures me his team will fill and re-enforce where the soil has subsided, but I am concerned it will just cover up a more serious problem. I cannot find a third party to do an inspection without contracting a structural engineer and quotes are ridiculous. There are no cracks or leaks inside the house or on the exterior, and it would be very obvious given it has been empty so long. Am I just being paranoid or should I drop big money on an inspection to be sure. [link] [comments]  |
| Making first offer on first house. Realtor is pushing us to offer without an inspection. Posted: 24 Aug 2020 05:44 PM PDT I'm new at this but she is basically telling us that because the house is so popular and the market a little crazy that we should probably offer with inspection waived else we'll be thrown out as wasting everyone's time. Obviously not experienced with this but that seems a little crazy to me that anyone would do that for a $450k+ purchase?!! She also wants us if we do insist on it to schedule it before we've even put the offer in or been accepted as this will show that things can move quickly and our offer will look better.. again is this common practice? She's suggesting as the market is a bit crazy and this house is likely to get lots of offers that we'll be thrown out and we're "wasting everyone's time" Everyone we have talked to - friends, family, etc that have bought houses have never heard of this. We're very new to this and saw the house online out of the blue so we moved quickly on getting a realtor so we could see it... maybe we just got a bad egg? Or are we misunderstanding the process and this is legitimately what people do? [link] [comments]  |
| Posted: 24 Aug 2020 11:03 PM PDT Hi all, Under contract on a home. My broker spent a week negotiating with a family member/broker of the buyer. Super emotional and aggressive. They then ask us to send purchase price credit/repairs request via lawyer but send their own credit offer first. We go back to family broker who suggests an amenable alternative. Then at 9pm we get a second letter from sellers lawyer reissuing original offer as a final offer. Credit offer is aggressively in favor of seller. Can we keep negotiating? This is heart wrenching and stressful. Any advice on how to proceed? We've been under contract for almost a month. [link] [comments]  |
| Is she going to hurt the sale of the house? Posted: 25 Aug 2020 02:22 AM PDT My wife let an old friend of hers move into our house just as we're getting ready to sell our house. Her friend used to be an attractive girl but in the last 15 years she has put on around 200 pounds, did so many drugs she seems mentally challenged, is in a wheelchair and doesn't care about her looks and hygiene, she smells bad. Is this going to hurt the sale of the house? [link] [comments]  |
| Posted: 24 Aug 2020 06:45 PM PDT Are arbitration Disclosures a typical part of a purchase agreement or am I in for a world of heart ache? [link] [comments]  |
| Richmond American Problems with home after warranty Posted: 24 Aug 2020 10:21 PM PDT Purchased a home about 4 years ago, there is a crack in the foundation that the builder didn't fix and have constant electrical tripping that the builder tried to repair and it is still happening. Also the grading around the home has issues with water pooling. What are my ways of recourse? Contacting the builder they are Richmond American and saying that it's past the first year. [link] [comments]  |
| Historic property grant and easement - worth it? Posted: 24 Aug 2020 10:18 PM PDT Just got a home in PG county (Maryland). The county has a historic register, and eligible owners can apply for grants of up to $50k (every other year) for any work done to the home, so long as it the historical appearance is maintained. To be eligible for grant money, property owners have to give an easement to the county for annual inspections to confirm that the historical character is maintained (once recorded, easement is perpetual). Anyone experienced with this? Any downside? I believe it will add value to future buyers except for those that don't like the home (it is a beautiful Victorian/schoolhouse with tremendous curb appeal). On the other hand, investors may want to steer clear of any thing with recorded easement (and limitations on exterior remodeling). FYI We would like to use the grant money to upgrade the windows, seal/insulate the attic, and restore the original wood siding, among other projects. [link] [comments]  |
| How are hot markets not in an endless appraisal to price increase loop? Posted: 24 Aug 2020 09:32 AM PDT Help me understand appraisals in red hot markets here:
Am I missing something here? Getting pretty discouraged with the market in our area, and just wondering if the above theory is roughly how appraisals work before deciding to pull the plug on our search until we have more cash available. [link] [comments]  |
| Posted: 24 Aug 2020 10:22 AM PDT My family wants to repaint the living room and dining room areas as well as the bathroom. At first I said sounds good, but now I'm saying what's the point because whoever buys the house is just going to undo whatever we do and paint over whatever we paint. They said they think it'll make the house more presentable and cleaner because there are some spots where paint has chipped, but we are selling as is so... They also want to do yard work and paint the trim of the house which I'm all for. But when it comes to painting inside and doing some small wall repairs I'm not really sure how much it would help with raising the value. I said if we are going to paint, might as well paint everything white so the next person can essentially just paint it whatever color they want and it still looks clean and presentable. Thoughts? [link] [comments]  |
| Posted: 24 Aug 2020 01:14 PM PDT Selling my home. It's been a long process. First buyers backed out due to marital issues. Got another buyer quickly, but their lender seems difficult! Said closing would be done on the 20th. No word leading up to the day. My realtor had to call, email, leave messages to find out if we were closing. Lender says they need more time. Told they would be ready on the 25th. Here it is the 24th and Lender emailed my agent and told her they need more time. WTF? They have the CTC. They just need to get the docs to the title company. My agent, their agent, and the title company have been trying to get a hold of the lender and she will not return their calls or emails. I'm feeling so jerked around and I can't imagine how the buyers feel. Plus I'd really like to close and move into my new home!! [link] [comments]  |
| Rental property outside your resident state. Posted: 24 Aug 2020 08:45 PM PDT So I am thinking of buying my first rental property. Of course there is a whole lot of information I still have to gather. I live in Southern California, which does not give a great rental yield. So I am looking at other cities such as Dublin-OH, Dallas, Atlanta etc. I wanted to check what do you guys think of owning a rental property outside your resident state. Is it too difficult to manage? What are the pros and cons? Thanks !! [link] [comments]  |
| Using one mortgage to pay off another. NC Posted: 24 Aug 2020 04:54 PM PDT I currently live in a 2BR 1.5BA house in NC. I'm wanting to buy my parents house which should appraise for between 230-250k. I currently have a smallish (70k)mortgage on my home and my parents are going to sell me thier home for 100k which is currently paid off. Is it possible to take out a 200k mortgage and payoff my parents, my small mortgage and use the final 30k do renovations on the new house? I plan on using my current house as a rental as it should fetch somewhere in the 800-900 range. What kind of issues might I run into with financing that I'm not foreseeing. I shouldn't have an issue based on income/credit score alone. [link] [comments]  |
| Can you be approved for a mortgage if you have a job in your state Posted: 24 Aug 2020 04:43 PM PDT |
| Posted: 24 Aug 2020 08:05 PM PDT Hey! So I am thinking of purchasing my first home. However, I haven't decided if I will be staying here longer than a year or two. If I wanted to move, I would plan on retaining the house as a rental property. Is this a bad idea? I'd likely be renting again if I were to move. My monthly payments including property tax would be about $1200, and the house I am interested in is currently being rented for $1600. [link] [comments]  |
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