- Recently bought a new development home for 425k and was told that the neighborhood was sold out. Today we found that they listed 5 new move in ready homes, 1 of which is the exact same model and design as ours but listed for 375k. Any ideas on why this is? And any recommendation on what we should do
- I live in central California. If my neighbors want to begin an HOA, do I have to join even though it didn't exist when I bought my home?
- I need advice as a renter...
- Aftermass of eviction moratorium? Landlords have to sell, big pockets buy, little guy lose?
- Suspicious reply from real estate agent, should I be worried?
- Hire a locksmith or re-key ourselves?
- I saw a home today that overall looked great. When I looked at the listing history, however, I got concerned. The home was listed 6 days ago for $750k, and had just sold 12 days before that for $720k after being pending for just 2 weeks. Are there any red flags here or am I overthinking?
- Realtors and Zillow
- Cob house
- I am working on obtaining homeowners insurance and StateFarm is selling me Mortgage life insurance with my homeowners. Representative advised it’s suggested and most people purchase both together. Is this true?
- Does anyone regret selling at a low point in the market?
- When do you allow yourself to celebrate?
- Putting a home on family property?
- Tenant replacement
- Is there a way to lower my monthly mortgage payment without refinancing?
- Buyer is requesting Seller's settlement statement after closing. Says we're legally obligated to provide it to him.
- Interest rate
- Why are houses on Zillow more expensive?
- Is buying land at 19 years old a dumb idea?
- Advice on co-signing with girlfriend while I was unemployed for a year
- any investors here with properties whose taxes are over 10k ?
- New Realtor. I really want to learn all I can and want to get into commercial real estate. I understand I’ll get hands on knowledge, but is there a book anyone can suggest or books just so I can feel like Im learning something more?
- Inspection Question
| Posted: 04 Aug 2021 04:46 PM PDT |
| Posted: 04 Aug 2021 11:43 AM PDT |
| Posted: 04 Aug 2021 09:15 AM PDT I'm renting a small house in Texas and have been for 6 months. My landlord didn't pay the water bill for this month.... The water department came to our house this morning and said that they'll be shutting it off if it doesn't get paid. He could just be late or something but the water by our contract is paid by the landlord. He goes through a third party company for any interactions so I texted the lady who talks to him and now I'm waiting to see what happens. My question is this what advice could you give me if this becomes a bigger problem. We don't want to move we really like the place that we're at. ****UPDATE***** There are so many comments I'm having trouble getting to all of you. The issue has been resolved! The third party company texted me back telling me the landlord is taking care of it. (The cynic in me is still a tiny bit worried.) The town I live in is small and our local water department has marked work trucks that would be hard to reproduce. The man that came to our door this morning was in a marked work truck so I don't believe it to be a scam. All the advice is very appreciated and I want to thank everyone that took the time to help me out. This is a great group!!!! 👏👏👏 [link] [comments]  |
| Aftermass of eviction moratorium? Landlords have to sell, big pockets buy, little guy lose? Posted: 04 Aug 2021 06:49 PM PDT So if the eviction moratorium keeps renewing, I can't imagine how landlords can keep up with the cost associated with the property and would think they would eventually sell. They would probably sell at a high price tag that a middle class person could not reasonably afford. Most likely bank, gov, or big pocket would buy these properties. Nothing will be left for the middle/lower. I have no biases as I have no rental properties or do not rent myself but I'm just fearful of what the future will be. People not paying rent maybe great in the short term but will make a huge impact in the long term. Is this logical deduction of what could happen? If tenants don't have to pay could we stop taxing landlords that make below a dollar threshold and bigger realstate players still gotta pay because they can afford to. Just a thought. [link] [comments]  |
| Suspicious reply from real estate agent, should I be worried? Posted: 05 Aug 2021 12:44 AM PDT I recently had an offered accepted on a home purchase, and am now shopping around for mortgage lenders that can give me the cheapest interest rate/apr %. I got pre-qualified through my agents preferred lender and honestly I thought I was going to be picking their loan but the interest rate on their offer was a bit high, so I am now looking at other lenders that can give me better offers. One of the lenders had asked me to send them a bunch of documents (W2's, paystubs, bank statements, etc.), including the purchase agreement. I don't recall receiving a purchase agreement document so I texted my real estate agent explaining the situation and that another lender is requiring that I send them the purchase agreement. My agents reply to me was "Hey I'm on the plane now, why are you looking at different lenders?" Is that a reply I need to be worried about? or am I just freaking out a bit? I'm a first time home buyer so this home shopping experience has been nothing but an anxiety roller coaster, I'm mostly afraid of being taken advantage of in some way so I'm hoping I can get some clarity on this. thanks! [link] [comments]  |
| Hire a locksmith or re-key ourselves? Posted: 04 Aug 2021 06:29 PM PDT Well the IRS only delayed our closing by 2 weeks arguing over my married name vs maiden name. When it comes to getting the house re-keyed, is it worth calling the locksmith? Ideally I have 4 external doors I'd like on the same key plus a couple smart key-pad locks. We are definitely capable of changing a lock but is it easier and worth it to just pay somebody else? [link] [comments]  |
| Posted: 04 Aug 2021 09:45 PM PDT I understand that some people renovate and flip, but 12 days is not long enough to do any substantial renovations and the slight increase in listing price compared to the last closing price is barely enough to cover agent commissions, much less make a profit. I can't figure out why the owners would try to resell the property so quickly after purchasing. I called the listing agent and she said that the owners are foreign and had a family medical emergency in their home country which they have to go attend to, but I'm suspicious because I did some research on the owners and found that they own another house in a nearby town since 2006. Overall the house looks good. It could use a touch up in a few places but there were no obvious serious defects. Obviously I'd do an inspection but the whole situation still seems strange to me. Could it simply be a case of buyers remorse? Or could it be that someone is hiding something about the house? And if so, what? [link] [comments]  |
| Posted: 04 Aug 2021 02:10 PM PDT I'm selling my home FSBO and I had a showing scheduled today with a realtor with buyers. Or so I thought. The realtor showed up without buyers, I still showed him the house. He gave me his card and a packet of information on what all is involved with FSBO, asked when I think I might be interested in listing with a realtor. He also mentioned sharing my Zillow listing with his "potential buyers" but that he needed written permission or at least a text message saying I would agree with him doing so. My questions are: Is the written permission to share Zillow listings true? And what would you have done differently than I have done or have yet to do? [link] [comments]  |
| Posted: 05 Aug 2021 03:09 AM PDT |
| Posted: 04 Aug 2021 07:37 PM PDT I did some research and it's making me feel like I don't need mortgage life insurance. It seems very limiting. I do not have health complications and am young and healthy. I think I am better off with life insurance instead. What would you do? [link] [comments]  |
| Does anyone regret selling at a low point in the market? Posted: 04 Aug 2021 06:28 PM PDT Seeing how much the house I sold has appreciated since I sold in 2015 makes me want to vomit. How to get over this? I am renting because I got a divorce [link] [comments]  |
| When do you allow yourself to celebrate? Posted: 04 Aug 2021 04:50 PM PDT I just dropped off my earnest money. Inspection is Friday. I was able to view an inspection of this property from 2.5 years ago and it was pretty good. When do I let this feel real and celebrate? The closing period will be quite lengthy, due to it being an owner occupy duplex and the tenants of one unit needing to be removed before closing. Currently it is set for early November. Thanks everyone! [link] [comments]  |
| Putting a home on family property? Posted: 05 Aug 2021 01:29 AM PDT Forgive me if this isn't exactly the right place for this question but I'm not exactly sure where to ask. We live in the low-country of SC where my mother-in-law recently purchased a 6.25 acre lot and put a manufactured home on it. Her mortgage is considered a "package" deal so the land and home is being paid together. Originally, the plan was for her to let my wife and I put a home on the property as long as we maintain the land and pay for any tree clearing, etc. However we seem to have run into an issue with being able to simply put a house on the property. Talking to a couple of the manufactured home retailers around us it seems like our only option would be to have her sign a form saying she allows us to live on the property and put a home on it. Seems simple enough, however, they also say doing that we are required to pay for the utilities (electrical hookup, well, septic, road access, house pad, etc) on our own and not be able to put it in the loan. This would end up being a huge upfront cost and we would have to get a personal loan with a high interest rate to cover it. We both have good credit but would like to avoid this if possible. The only other option (that we have been told at least) is to divide the property up and her sell us the part that we would live on. The problem with this is we have also been told she cannot divide her property with the land/home "package" since it has not been paid off and there can't be 2 mortgages on one piece of property or something like that. Something about this doesn't seem right to me. I feel like there should be an easier way going about this that we have not been told yet. Google hasn't been very helpful for finding this type of situation. I was hoping someone else may have encountered this situation before or is able to direct me to the right person I should be talking to in order to go about the right way of doing this. Thank you all! [link] [comments]  |
| Posted: 05 Aug 2021 01:18 AM PDT Hi everyone, how should I do to on the lease for one tenant replacement? Should I send out the other lease agreement for all old and new tenant to sign it or just have the new tenant sign an individual lease?.But I guess is the one choice cause it's a joint lease 🤔. Thanks in advance for any suggestions. [link] [comments]  |
| Is there a way to lower my monthly mortgage payment without refinancing? Posted: 04 Aug 2021 09:22 AM PDT Just wondering if there's any way of lowering my monthly mortgage payment by paying a lump sum of principle to the bank. [link] [comments]  |
| Posted: 04 Aug 2021 08:47 AM PDT As the title states. The buyer of the house is stating that we're legally obligated to provide him with our sellers' statement in order for him to "close the deal" (he's his own agent). In all of my RE transactions, I've never heard of such and I don't - at all - think he's entitled to see my line-by-line net from the sale. Am I missing something here? [link] [comments]  |
| Posted: 04 Aug 2021 08:04 PM PDT |
| Why are houses on Zillow more expensive? Posted: 04 Aug 2021 11:47 PM PDT I just visited some random local real estate site that listed houses in the area i want to live in a few years from now 200,000 dollars less than the average of what i find on zillow. what gives? [link] [comments]  |
| Is buying land at 19 years old a dumb idea? Posted: 04 Aug 2021 05:14 PM PDT Hello! I'm Studying agriculture and I have a job currently. One of my plans is to buy land and to start an almond or pistachio orchard (California) after I graduate. I found land that is for sale around in my area (~30 acres) and I barely have 10% of its price. My plan is to buy it and make a well to have everything ready by when I graduate. What are your opinions? Should I wait longer down the road or buy it? [link] [comments]  |
| Advice on co-signing with girlfriend while I was unemployed for a year Posted: 04 Aug 2021 07:19 PM PDT I've been in a bind lately trying to figure out how to approach this. I lost my job last year in August due to Covid and I only held that position for about a year. Well its August again and I have a job finally but not in the field I want, only temporary. In the year I was out of work I did a boot camp/ training for a new career change in IT (Manual QA) and I am on the last stages of applying all over to secure a well paying job. I don't know how long that will take so the job I have now I plan on keeping until I get the job I want in IT. I guess my concern is if I were to cosign with my girlfriend on a home loan in the next couple months, would me being unemployed for a year affect it drastically? My girlfriend has had a stable job for a couple years now and makes around 30k. Atm I am making around the same and I've only had this job for a couple weeks, but the job I'm applying for and want is around 70k. We both live at home with our parents, we don't pay rent, I dont have debt, my girlfriend only has a car loan she's paying off for 10k. Both of our credit scores are amazing as well. As a last resort my dad agreed to cosign with both of us in case we aren't approved for much but regardless I would like to know if anyone has had experience with this type of problem? [link] [comments]  |
| any investors here with properties whose taxes are over 10k ? Posted: 04 Aug 2021 05:36 PM PDT Hello, i am looking at a 3 family house that has taxes over 14.5k taxes but has each floor 3 beds with the 3rd being 2 beds and a finished basement with 2 beds living room and kitchen. i am concern because it the tax cap is 10k so i do not benefit off the remaining 4.5k wondering what others have done or is doing currently [link] [comments]  |
| Posted: 04 Aug 2021 09:14 PM PDT |
| Posted: 04 Aug 2021 09:01 PM PDT Ok, sorry, this is probably a stupid question. So we are selling our home and the inspection is scheduled. Our realtor said that it's common for the buyer and buyer's agent to be present for the inspection. What should we do at that time? We have 2 nervous cats, so I'm hesitant to leave them alone with a houseful of strangers. Do we just make small talk for a few hours? Let the buyer wander the house while we stay out of their way-but how long can they do that before getting bored? Just curious how anyone else has handled this. [link] [comments]  |
| You are subscribed to email updates from HomeOwners & Investors. To stop receiving these emails, you may unsubscribe now. | Email delivery powered by Google |
| Google, 1600 Amphitheatre Parkway, Mountain View, CA 94043, United States | |
No comments:
Post a Comment