Is it just me? Real Estate |
- Is it just me?
- Anyone else waiting to fix their home up?
- My mom wants me to buy my late great grandmothers house... should I?
- Why don't listings ever show parking information, for example, electric vehicle charger installed, HOA doesn't allow commercial vehicles, only one-car driveway, etc?
- LVP or Engineered Hardwood?
- Sale marked as closed, but have not received full payment from title company yet. What are my options?
- Texas real estate agent exam
- Walkthrough on new construction, what to ask/look for?
- California Prop 19 question
- Trying to buy in a co-op. The seller's mortgage lender continues to fail to produce the stock and lease. Is there a statutory limit on how long they can do this before they have to sign the lost S&L affidavit?
- Incompetent buyer's agent forgot to forward $5k credit to escrow before closing
- Real estate agent never fixes up old unit
- Looking For Advice On Buying First Rental Property
- Condo vs House?
- I want to learn more about the real estate business. Where do I start? (Canada)
- Thoughts on high ceiling apartment units?
- What's the difference between the title holding options? And how do you choose between them?
- Advice on a ghost lien
- Is this plant a risk to foundation damage?
- Should I sell my Townhouse in Seattle? Or Rent it out/Bnb?
- Open door listing agents?
- Looking to sell my home and have questions
- Why do you actually need permits?
- Elevator speech
- Thoughts about buying home next to detox rehab center?
| Posted: 05 Nov 2021 10:49 AM PDT Am I the only one who has seen an uptick in homes that were purchased between March-July of 2021 and are now on the market? I can understand if these homes are flips, but everyone I've seen has zero changes to them. If you are an investor, why would you buy a property peak season, only to sell it during the slow season? [link] [comments]  |
| Anyone else waiting to fix their home up? Posted: 05 Nov 2021 01:26 PM PDT I can't find people to do work, the one person I did find to put new siding up gave me a "go away" price of almost $15,000 to re-side a less than 900 square foot home. I've done a few small projects myself, but everything on the shelves is junk right now. Brand new storm door had silicone sealant running down the sides. American made, too. Brand new vanity, the top was glued on crooked and I had to re-do it. Brand new kitchen cabinets, had to align all the doors, one had to have the door replaced because it wasn't glued right. Everything just looks so "slap dashed" together, even on higher end stuff. I'm wondering if anyone else that was planning on doing projects waiting 2-3 years for things to hopefully calm down? [link] [comments]  |
| My mom wants me to buy my late great grandmothers house... should I? Posted: 05 Nov 2021 03:55 PM PDT My great grandmother passed away peacefully in her house last year... my grandmother and her sister haven't gotten along in a long time and the house was not left to anybody in the will. My grandma and her sister are in a place to finally sell the house. My grandmas sister doesn't care who the house goes to but my grandma would love for it to stay in the family (and so would I). Where I live it would be a very good possibility it would be bought, tore down and used for the land or another house built on top of it. It's a very old house and doesn't look the best but it means a lot to us. My great grandmother practically raised my sister and because our parents worked full time. I have so many fond childhood memories in the house and I don't know if I could emotionally handle it. However, I know it would sell for cheap and I could probably afford it and it is a great house... I'm just conflicted about what I should do. [link] [comments]  |
| Posted: 05 Nov 2021 12:19 PM PDT |
| Posted: 06 Nov 2021 12:42 AM PDT Looking to upgrade our flooring and having trouble finding good opinions either way. New floors would go in kitchen and downstairs living areas (dining room, formal living, family room, half bath) so not too much water exposure. Any thoughts or feelings on these two flooring options? Of what we like, LVP is around $4 sqft while engineered is like $10 or so. [link] [comments]  |
| Posted: 05 Nov 2021 06:03 PM PDT The sale of our house was closed 2 days ago and payment for our new house was wired, but we have not received the remainder from the title company. We tried calling the title company all day today to no avail and have scheduled our move for tomorrow. I hate to leave the house keys to the new owner (Zillow) since as far as I'm concerned the deal has not been closed, but I'm unsure of my options until I get a chance to speak to either Zillow or the title company. Any suggestions would be greatly appreciated. Thank you. [link] [comments]  |
| Posted: 05 Nov 2021 11:54 PM PDT Texas Real Estate Sales Agent Exam Part 2 https://youtu.be/enslNdaJlL0 [link] [comments]  |
| Walkthrough on new construction, what to ask/look for? Posted: 05 Nov 2021 02:02 PM PDT Hello. First time buying a house, and we are closing on a new construction that the buyer built that we had no input on, which is fine, because everything looks fine visually and we're ok with the style. Are there important things to ask on the final walkthrough with the builder before closing? Not like, this trim is off, but builder questions like does the foundation have a vapor barrier, where does X vent, stuff like that. [link] [comments]  |
| Posted: 05 Nov 2021 11:41 PM PDT Hi, I am 54 years old, we are thinking of selling our home and move to another in california, to be able to take advantage of Prop 19 tax basis benefits, the rule says you have to be 55 and that you have up to two years after selling your old home to buy the new house, my question is , can I take advantage of Prop 19 if I sell my prim residence now at 54 yrs old, rent for a year then buy when I am 55 ? Thank you! [link] [comments]  |
| Posted: 05 Nov 2021 07:08 AM PDT Basically the title. Seller got her mortgage from a traditional bank but the mortgage was sold at some point to one of the new online-only mortgage companies. She's been trying to get the S&L for like two months. They haven't provided the documents, and they aren't giving meaningful updates. I either want the documents or would gladly begin the process of the lost S&L affidavit. I don't care. I just want to move forward. I am accepting a direct answer to my question or creative solutions lol. [link] [comments]  |
| Incompetent buyer's agent forgot to forward $5k credit to escrow before closing Posted: 05 Nov 2021 04:18 PM PDT We've been dealing with a terrible agent for the buyer who never responds to emails, was very late in having the buyer sign off on their contingencies and even forgot to forward a $5k repair credit to the escrow before closing. House sold yesterday and now the buyer's agent's office assistant is contacting us stating that our agent didn't forward escrow the $5k credit doc. Our agent replied stating they have had access to escrow and it was their responsibility to forward it to escrow as the buyer's agent. Also, both parties have already reviewed the closing statement and signed off on it before escrow closed yesterday. What happens now? [link] [comments]  |
| Real estate agent never fixes up old unit Posted: 05 Nov 2021 11:03 PM PDT Hi, I'm moving out next year from a unit which has had no renovations or upkeep for a VERY long time. For instance, a crack in the window from before I moved in, 2nd story flyscreen falling off, and window seals broken and letting in moisture. I have made numerous requests but have been ignored over a year. I am only staying here due to financial troubles supporting my wife and son and am subleasing the place from my father. Is there anything I can do. I have a feeling this agent will try to hide evidence and corrupt everything in her favour. [link] [comments]  |
| Looking For Advice On Buying First Rental Property Posted: 05 Nov 2021 10:53 PM PDT Hello, New to the gain of real estate but excited to get into it, I'm from Canada and was just looking for some small tips and things to look out for when purchasing my first property. MY biggest question is I just finished reading rich dad poor dad and binged watched hours of his videos on YT and he always talks about "going into debt" and using other people's money. SO currently I have around 50k cash and can get a mortgage of 560k (with my brother) from the bank. Im wondering if going through an outside lender would be a better option? But my question is does the outside lender give you the full amount for the house I'm looking to buy 500-700k at a rate of 8-10%? and how would I pay them back if they only agreed to a short team deal and not learn? Re-fiancing the house after doing some repairs is the only thing I can think of but then id need another morgatage so that wouldn't work? IM no sure. Im trying to figure out what he means bu this and other youtubeers that have mentioned this before. [link] [comments]  |
| Posted: 05 Nov 2021 03:03 PM PDT I've debated between a condo and a house. I was set on a condo because it's convenient, you don't have to commute as long to work, less maintenance, yard work. Additionally, there's less space to maintain/clean and lower heating, insurance, and property taxes. However, recently I've considered a house because oftentimes condos cost just as much depending on the area. You may find some cheaper 100k-150k condos in some cities that aren't crazy expensive though. One of the biggest reasons I've considered a house is the neighbors, HOA, and the worries about noise. I still am not into the idea of commuting or maintaining a yard though. Should I just suck it up with the maintenance and is the commute not as bad as I'm making it out to? I guess my biggest dilemma is to decide which one is worse: having neighbors next door in a condo, or having to do maintenance and commute longer to work? Which would you choose and why? And which has positives that more outweigh the negatives? And which one is better financially in the long run? Because HOAs tend to go up, and you never know when you will get a special assessment. But, at the same time the HOA pays for a lot of stuff that would be constant expenses and maintenance that you would have to do in a house? [link] [comments]  |
| I want to learn more about the real estate business. Where do I start? (Canada) Posted: 05 Nov 2021 06:45 PM PDT Im exploring new career opportunities, and I wanted to just get book/textbook/video recommendations for learning about the basics of real estate business and the things that affect it. Not set on being an agent, actually more interested in the mortgage business. But I lack formal training and really just want to learn more. Thanks! [link] [comments]  |
| Thoughts on high ceiling apartment units? Posted: 05 Nov 2021 10:31 PM PDT What are your thoughts on apartments that feature unusually high ceilings (eg. four metres or more from floor to ceiling)? This is assuming there is no permit to build mezzanine floors, and a higher cost (about 15 - 20% more on a price psf basis, compared to other units in the same project). Do you feel this is an attractive feature most future buyers might like, or is it just a pricey indulgence? [link] [comments]  |
| What's the difference between the title holding options? And how do you choose between them? Posted: 05 Nov 2021 04:25 PM PDT Hello, first time homebuyer here. My wife and I are in the closing period for a new construction home in CA. My in-laws helped with a portion of the down payment and we'll keep them on the title, at least until we pay them off. My wife and I will occupy it after closing, and my in-laws are foreigners and reside overseas, but occasionally visit. The lender asked us for a manner of title, which we're both unsure of what to choose. After doing some research, looks like Joint Tenancy and Tenancy In Common could be some options for us? But there are at least 5+ other options. Suppose my in-laws transfer their ownership portion to just the both of us (wife and I) in the future, will it easy to change the manner of title and adjust names on the title? I heard about probate and all, what is that? Is that like a penalty, fee, or tax if we change the manner of title, or parties involved in the title? What would be the best title-holding option in our situation? Just trying to carefully understand each option before making a decision. [link] [comments]  |
| Posted: 05 Nov 2021 09:27 AM PDT My brother and I inherited our father's house. My brother wants to buy my half. He is working with a real estate attorney and has been through 2 different lenders. The problem the lenders are having is that there is an old lien showing for the house from 1997. My father had a HELOC from bank 1. Some time later, bank 2 bought bank 1. The loan was satisfied in 1997. Then some years after that, bank 3 bought bank 2. The lien shows as satisfied on the records for bank 2 but not for bank 1. Bank 3 is not providing any help in getting this resolved. Both lenders have followed bank 3's procedure to resolve this but have been unsuccessful. I would think the real estate attorney could handle this but they are advising to get a third party to "try" to resolve the issue. Any advice to get this resolved? [link] [comments]  |
| Is this plant a risk to foundation damage? Posted: 05 Nov 2021 09:37 PM PDT link: https://imgur.com/a/rofIKXr (plant at the right edge of the picture) Location is Northern California (Bay Area). Sorry that I somehow forgot to take a much closer picture, but the plant is pretty much inches away from the house (the house was built in 1976). Does anyone know what type of plant this is, how destructive is its root? So if i want to:
Does anyone here know the answers to above? And would a foundation inspector know? [link] [comments]  |
| Should I sell my Townhouse in Seattle? Or Rent it out/Bnb? Posted: 05 Nov 2021 03:21 PM PDT Context: - I am owning a townhouse in Seattle (98122). The location is close to everything BNB and Rental value are great. The house is very pretty with great city view, no HOA!! My monthly is around $2500. But appreciation/growth is really slow IMO. I purchase it in early 2019 and the price only raised up around 6-8%. (I compared this property to my investment SFH in Renton where has 16% growth in the last 12 month). - My bf and I are considering to move to another state and buy a home together. Now comes to the question: how should I deal with this townhome? Here are three options:
My Conclusion: So far selling seems like a great option. But I want to hear other opinions. Another hesitation is that emotion wise I love this TH. So pretty with city view. Spacious and chic. It's my first house so it's special. But from running all these number, it doesn't really make sense to keep it. ugh.. help!!!!!! Smart people on Reddit. Please share your thoughts. [link] [comments]  |
| Posted: 05 Nov 2021 05:28 PM PDT Has anyone done this job before? I got a job interview with them and I am seriously considering it… it's a desk job but it's great money a year.. I am a bit nervous because of what's going on with Zillow though. Has anyone worked for this company and absolutely hate/love it?! [link] [comments]  |
| Looking to sell my home and have questions Posted: 05 Nov 2021 09:08 PM PDT I own a small ranch home that I bought 4 years ago. I'd love to place it on the market and sell it because my family has outgrown it. The house is in perfect living condition but it definitely needs alot of updates. I owe $43k on the mortgage, the estimated price on Zillow is $120k. I have a hard time believing it would fetch that price but am sure it could bring in $80-90k. My question is should I refinance and get a loan to update the most important parts of the house? (needs new windows, gutters, full bath and kitchen remodel, interior doors replaced, and full flooring overhaul) would that make my overall profit more? Or should I sell it in current condition and take what I can get? I don't feel right selling it in an outdated condition but people have told me in this market I could probably still make a huge profit. I'm also not in a giant hurry to sell, probably within a year [link] [comments]  |
| Why do you actually need permits? Posted: 05 Nov 2021 08:57 PM PDT So I'm completely ignorant on permits. I live in NYS (not the city) and permits have never come up after months and months of home searching/offers. Everyone I know locally has done work on their home without permits, and sells those homes without issue every single time. My SO's dad put in a huge deck in last summer and when I asked him about it he said "it'll have no problem selling no one asks for permits and they don't really matter" he then went on to explain that he bought/sold many homes with unpermitted work. What are the consequences for doing this? Is it possible there just aren't many permit requirements in upstate NY? [link] [comments]  |
| Posted: 05 Nov 2021 02:57 PM PDT Hey everyone what's your best elevator speech of why someone should choose you as a realtor or why are realtors necessary? [link] [comments]  |
| Thoughts about buying home next to detox rehab center? Posted: 05 Nov 2021 02:53 PM PDT Friends are considering making an offer on a house in a pretty safe, quiet neighborhood (Los Angeles county). Upon looking at Google Maps, they saw the house sitting directly behind the backyard fence is a residential alcohol and drug rehab center. It looks like a regular house, with 4 bedrooms and a pool that is right against the shared fence of the house friends are interested in buying. Curious if having a rehab center as a neighbor would be a red flag? They are aware there will be new people potentially coming through that house every few weeks. They would like to spend a lot of time in the yard as well, and plan on having kids/pets later on. Just something to note: they currently smoke weed recreationally, almost always indoors, and are wondering if the smell will cause issues with the patients at the detox center should it ever waft over. Obviously they don't want to be inconsiderate. [link] [comments]  |
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