Austin (TX) no longer allows real estate websites to post sold prices. Any way for me to get them? Real Estate |
- Austin (TX) no longer allows real estate websites to post sold prices. Any way for me to get them?
- Why are so many houses on Zillow/MLS in the Tampa area always “back on market” after being “sold”?
- Redditors who are buying new construction: excluding the price of the lot/land, how much are you paying per sq/foot?
- Appraisal came in low
- How do I minmize real estate agents fees completely
- Builder wont add a window to bedroom
- Ring stalkers
- (CA) Citi Mortgage Relationship Pricing
- What are some ways you guys provided value to your mentor(s)?
- Is this normal?
- We lost a house today
- Am I supposed to find the properties or the realtor?
- New Build Advice and Tips?
- Question About 2 Year Proof of Income Requirement
- Seller took an offer too soon, what are our chances?
- Listing home for sale with realtor
- 2/7/22 Rate Report
- Which mortgage should I make extra repayments?
- Property Tax
- Good schools, 3 bedrooms or Bad schools, 4 bedroom
- Rent my home
- Courses for RE license in California?
- Good or bad realtor?
- Renting to friends
- 7 Day Underwriting Guarantee
| Austin (TX) no longer allows real estate websites to post sold prices. Any way for me to get them? Posted: 07 Feb 2022 08:02 AM PST The Austin Real Estate has successfully lobbied to prevent the real estate websites from listing sold prices for homes. Is there any way for me to get this other than asking someone with MLS access? [link] [comments] |
| Why are so many houses on Zillow/MLS in the Tampa area always “back on market” after being “sold”? Posted: 08 Feb 2022 06:31 AM PST Are people intentionally sending high offers they know they will not be paying for just to get the winning bid? Failed financing? HOAs denying investors? What are some of the usual reasons? Some of these are even houses that I've been outbid for! Just curiosity to understand the market. I've already sent 6 VA offers with appraisal gap contingencies and have been beat out by only someone who had cash or waived appraisals/inspections every time. [link] [comments] |
| Posted: 08 Feb 2022 03:49 AM PST |
| Posted: 07 Feb 2022 07:53 PM PST My fiancée and I are in our 3rd contract and are horrified by the things we have learned in this entire process. (Our 1st contract ended the day of closing after we tried to get out of the contract over a month before settling due to the seller and his realtor admitting they knew the house was eminent domain of a school and wanted to tear it down for more parking lot space only to threaten to sue us if we tried to get out of the contract and then not have the CO at the day of closing. The 2nd didn't go through because the seller flooded the entire downstairs by leaving the tub on 5 days before closing) Now we are in our 3rd. It was listed at $275,000 and the seller said he would only do $285,000 because he already had an offer for that amount but it was contingent upon the buyer's sale of their house. We offered the $285,000 and it was accepted. Now the appraisal has came in at $260,000. We will negotiate but the seller is already saying he has multiple other offers and does not appear to want to negotiate. Is there anything we can do if the appraisal comes back low again? I don't have the extra $25,000 to give up front. We will have to look for apartments if not. Mentally I cannot do this again. The first experience put me into labor 3 weeks early and I think we're really over staying our welcome at my parent's house. Any advice is appreciated. [link] [comments] |
| How do I minmize real estate agents fees completely Posted: 07 Feb 2022 05:34 PM PST My home is worth 1.5m and rising in a very nice suburb of Seattle, Sammamish. Houses sell in less than 5 days at 10-25 premiums over list prices. both homes next to me sold 4 days after they collected offers last summer. the real estate agents did all the staging and the new buyers repainted both houses interior, ripped out carpets and kitchens anyway. it appears to me i could sell my house by putting up a home for sale by owner on the corner. i am a salsperson myself and i can do contracts and negotiate. Basically, in this market paying agents fees of 80k is a waste of money. I understand I can list on MLS without an agent for a small fee. but the buyer will have an agent and 3 per cent on that side. there is also a steep sellers tax to the state. real estate agents underlist to get bidding wars. my instinct tells me to list high and sell by owner. and negotiate with buyer to pay all fees and roll them into their mortgage. thoughts from the group? [link] [comments] |
| Builder wont add a window to bedroom Posted: 08 Feb 2022 07:14 AM PST We are purchasing an investment property that is 3 hours away (vacation rental) that was described to us as a 3/2.5. The builder gave us floorplans plus pictures of a very similar previous build. Both had a window in the downstairs below grade bedroom. We had a local friend go by and take photos to get an idea of the build and didn't notice that the window was missing. We went under contract with the floorplans in our contract showing the window. Our relator did a detailed walk through of the whole property and we noticed the missing window. I asked the builder and they have now come back and said they will not be adding a window to that room as there is a concrete wall. I am now 99% sure this property will not appraise for the purchase price because it will be a 2/2.5 since that cannot be considered a bedroom. What options should we look at? We want the property and from a vacation rental perspective the window doesn't matter. I am more concerned with the appraisal and safety. [link] [comments] |
| Posted: 07 Feb 2022 11:57 AM PST When we purchased our house the seller said they were leaving their ring doorbells and video cameras. (There are 3 of them) When we tried to set it up, ring said they were still attached to the sellers account and they had to release them. I emailed the seller asking them to release the items and got no response. I hoped they had released them and just didn't response to my email, but alas. Last night I went onto the porch to get a package and I saw the red lights come on so they still haven't released them. I nicely said to the camera, can you release the ring devices for us please" but I didn't wait for a response. Now I'm weighing my options 1. Take them down 2. Ring the doorbell constantly 3. Visit the seller at work to ask her why she is stalking us Thoughts? Edit to add: I am a bit disappointed in the lack of sarcasm on this thread. Although there is some good info being shared so thank you!!! Also as some have pointed out the red lights don't mean someone's watching (news to me!) and I'm not even sure the cameras are connected to WiFi so they likely aren't working. Which means I was talking to no one when I asked them to release the devices hehe! [link] [comments] |
| (CA) Citi Mortgage Relationship Pricing Posted: 08 Feb 2022 07:28 AM PST Anyone have experience with the Citi Mortgage Relationship Pricing program or Citi as a lender in general? I am currently working with a few lenders on pre-approvals and came across this program. I was told that the money doesn't even need to stay in the account and I could even just take the money out of the account right after the loan closes. It looks promising as a relatively simple way to save a bit of interest (assuming their rates are competitive to begin with), but I just want to make sure I'm not missing anything. Thanks in advance! https://online.citi.com/US/JRS/portal/template.do?ID=relationship_pricing_landing [link] [comments] |
| What are some ways you guys provided value to your mentor(s)? Posted: 08 Feb 2022 07:27 AM PST I know that being there personal assistant for free/a cut of there deals is usually the value being provided. I was wondering if anyone knows any other ways you could provide value before becoming the assistant and proving to them your worth there time. Anything you say helps and thanks for taking the time to read my post. [link] [comments] |
| Posted: 08 Feb 2022 07:20 AM PST Looking to possibly put an offer in on a new build that's scheduled date of completion is 6-8 months out. We love the layout but want to make sure the living room and other spaces are a decent size. We received a floor plan from our agent that didn't have measurements anywhere. So we asked for a floor plan that had measurements if possible. We were told they don't have one. Which is odd to me, considering the builders MUST have something to go off of when building the house. Is this normal to ask for something with measurements? Is it normal to not have measurements in hand before putting an offer down? There is no model for this house to walk or see for reference. Thank you! [link] [comments] |
| Posted: 07 Feb 2022 08:44 PM PST It was a wonderful house. A perfect house. We offered 80k over asking. We never saw it through our agent's emails; after 2 other homes fell through I went on Zillow for a desperate search and found it and he got us in last minute. We moved meetings and drove like hell to get there on time. Our agents moved meetings, submitted last minute documents, all to put an offer in. Cash offer— 80k over. The buyers said "if they really liked it they would have seen it over the weekend" and went with the first offer. I'm crushed. Yes, I need to move here for my job but this was a great house. My parents aren't well off and need help and I envisioned them staying there when they're older and in need of care. It was near the mountains, near a lake. Perfect. And gone. All because we didn't see it until today. Fuck this market, man. [link] [comments] |
| Am I supposed to find the properties or the realtor? Posted: 08 Feb 2022 06:56 AM PST Hello and I apologize in advance if I'm in the wrong subreddit for this. When I was looking at homes on Zillow, a realtor from the site basically assigned themself to me. I told them my budget and what I'm looking for in a home. They sent four home options (which I had already looked at from Zillow). I wasn't interested in any of them, and I haven't really heard anything from them since. Now, any time I do find a house on Zillow that I am interested in and send a "Request to tour" thing, the same realtor sends me an email about how they "can schedule that tour for me." I've never bought a home before, let alone worked with a realtor. Is this how the process goes? Are they only there to schedule a tour that I've requested with the seller already? Do I have to work with them? [link] [comments] |
| Posted: 08 Feb 2022 03:05 AM PST Thanks so much for all of the advice on my last post about what to look for as red flags in a showing! The tips were super helpful. As I anticipated the house went under contract before we got to see it but we think it's for the best after driving through the neighborhood. Given that Due Diligence is bananas here and finding what we need will be costly (like most cities) we've opted to look at building new further out of the city. After a few weeks of waiting we found out that we have the pick of two beautiful lots of land and will need to make a choice this week. Lot A: over an acre, flat and wide lot, east facing Lot B: just under an acre, longer lot with a drop off to a creek in the back, west facing We're heavily leaning towards A. Is there anything helpful to know or ask when going under contract with a builder? I know it'll take a while to build and our sell/move timeline is flexible to accommodate this. I'm just super nervous to move forward as I've never dealt with a new build so it seems overwhelming. Thanks in advance for any tips you can share! [link] [comments] |
| Question About 2 Year Proof of Income Requirement Posted: 08 Feb 2022 06:45 AM PST I currently work as a machine operator at a printing factory and have a little over a year in, but I am planning to change jobs soon. I've heard that the 2 year income requirement means your jobs for the last 2 years have to be in the same industry - so if I am going to get a loan should I focus on getting another printing industry job? What if I want to get another machine operator job but instead of printing its something like metal working? [link] [comments] |
| Seller took an offer too soon, what are our chances? Posted: 08 Feb 2022 06:36 AM PST Hi there! We've been looking for a home for over a year, we both wanted very different things in a home and understood it may take some time but we were willing to wait since we're both buying the home and agreed neither of us should settle to make the other happy. Well it finally happened. We found our DREAM home in our dream location. Checked every single one of our individual boxes and every single one of our joint boxes, and boxes we didn't even know we had. It was perfect. As we were writing up our cash offer, we got a call from the sellers agent that the sellers had accepted an offer. It was on the market for less then 24 hours and we're thinking it's a divorce situation. They allowed us to put in a backup. We put our backup offer in for 20k over asking, cash, 15 day close. I'm absolutely devastated we may have lost the home. HOWEVER! The sellers agent has been super on our butt to have everything ready to go. Contracts are signed and good to go, anytime there's an update we get a new contract. They want us to be ready. Our realtor asked them why they're making us do so much and asked them if they're wasting our time. The sellers agent said "I can't say anything but just be prepared with proof of funds" We looked at a few other homes yesterday but I've just been so emotional over this home. I see our life there, having our first babies, growing our businesses, I see it decorated. It's our home. I think I'm just looking for a glimmer of hope. We know they like our offer, we know they jumped the gun with the first cash offer. What do you think our chances are here? We're in NC, so no love letters are allowed anymore. I'm so broken up over this. [link] [comments] |
| Listing home for sale with realtor Posted: 08 Feb 2022 06:29 AM PST We are building a new home next year and I have been going back and forth between renting my house for sale or trying to sell it. It's a decent home but it's located next to a busy road which I think will hamper a quick sale. However, I think I would like to make the attempt to sell it instead of renting as I could really use the equity money towards the build. My question is what fees do I have to pay just for listing my house with a realtor? I understand I have closing costs to pay if it sells, but what upfront costs are there just with going to a realtor and asking them to list it. I am worried about spending too much money on listing if it doesn't even sell. Also is it appropriate to tell the realtor that if you don't sell in say like 3-4 months you will have to pull listing and rent? Because at that time I would need the income either coming in from rental or from sale in order to make the build more comfortable. Thanks for your help! [link] [comments] |
| Posted: 07 Feb 2022 12:17 PM PST Mortgage rates are moving sideways today. The MBS market worsened by -85 bps last week. This was enough to increase mortgage rates or fees. The market experienced high volatility last week. Three Things: These are the three areas that have the greatest ability to impact rates this week, according to RateAlert.com 1) Inflation, 2) The Fed and 3) Treasury Sales. 1) Inflation: We get a big report on Thursday with the Consumer Price Index. After Friday's big jobs beat, a hot CPI report will put extra pressure on rates. The consensus estimates call for the headline YOY CPI to rise from 7.0% to 7.2% and Core CPI YOY to rise from 5.5% to 5.9%. None of those readings would be good for rates. 2) The Fed: As the market continues to hedge for either a 1/4 or a 1/2 point rate hike next month, we will be very focused on any Fed-Speak as it pertains to rates and the timing of their QT. 3) Treasury Sales: Here is this week's schedule: 02/08 3 year note 02/09 10 year note 02/10 30 year bond. - The reaction to the employment on Friday was the biggest move for the 10 yr. note in at least two years; the employment report, the biggest miss on estimates we have seen in years. The data compared with estimates were not even close. Looking at the 2 yr. note since early Jan its yield has increased from 0.8% to 1.30% this morning, fully discounting the 50 bp FF rate increase at the March 16th FOMC 69% of Home Owners Say Now is Good Time to Sell. A monthly survey from Fannie Mae showed home purchase sentiment dipped in January but on the seller's side, it increased. The Fannie Mae Home Purchase Sentiment Index® (HPSI) decreased 2.4 points to 71.8 in January, its lowest level since May 2020, as affordability constraints continue to weigh on the housing market. [link] [comments] |
| Which mortgage should I make extra repayments? Posted: 07 Feb 2022 11:34 PM PST Hi all, I have heard in the past that I should try to pay as much as I can any debt with higher interest rate. So, lets say one has there two mortgages (small numbers for simplification): 1 - 10,000 at 2.2% interest rate. 2 - 5,000 at 3.3% interest rate. The first one costs more as the debt is higher, but has a lower interest. Should I stil focus on paying down the second one (5,000) with extra repayments even with the first one costing more due to being a higher debt value? Thanks [link] [comments] |
| Posted: 07 Feb 2022 05:54 PM PST Hi there, I apologize if this is the wrong forum for this question. I bought a condo last October in Toronto and still have not received my property tax bill. My lawyer mentioned back in 2021 that everything is in order and I should receive a statement in January 2022. I have tried multiple times to email the city but have gotten no response. I tried calling a few times but it is very difficult to reach anyone. Any recommendations? [link] [comments] |
| Good schools, 3 bedrooms or Bad schools, 4 bedroom Posted: 07 Feb 2022 10:44 PM PST Deciding between a 3 bedroom in an area 15 minutes away from a medical city and amazing area $341,750 or a 4 bedroom in a growing area with bad schools for $318,000. Is it worth the 20 grand? For those familiar with Florida.. the two areas are either 15 minutes away from lake nona or in haines city. [link] [comments] |
| Posted: 07 Feb 2022 07:51 PM PST I keep hearing everyone say, "If you have to move, rent your home out instead of selling it." [link] [comments] |
| Courses for RE license in California? Posted: 08 Feb 2022 01:27 AM PST Which online course would you recommend? I'm trying to find one that's cheap, but will also prepare me for the exam [link] [comments] |
| Posted: 07 Feb 2022 04:29 PM PST We are first time home buyers, so this is obviously our first time dealing with a realtor. My bf started using an old friend who is now a realtor, I'm not sure if he's taking it as seriously as he would a stranger. For reference where we live at the moment houses are going fast, I mean like a few days on the market & they'll already have an offer on them, so he told us we need to move fast. So this week we sent him some houses we wanted to view 2 days ago & he's replying so slowly we still haven't set up a time & now one of them is already gone off the websites.. is this normal? Should we look into getting a new realtor or just be more patient? [link] [comments] |
| Posted: 08 Feb 2022 01:09 AM PST So me and a couple friends there about 6 of us in total are going to move in together in about 2 years.I have been thinking is there any way I can benefit from this and make passive income from the rent when I live there with them just to save more money.I was thinking about a buy to let but I'm pretty sure it would be pointless plus I wouldn't be able to get the mortgage on a 6 bed house any advice on how to achieve this? [link] [comments] |
| Posted: 08 Feb 2022 12:57 AM PST We're looking to buy a home and our realtor has suggested a mortgage company that has a 7 day underwriting guarantee which he says looks really good on an offer. He also says the broker can call up the seller to "talk us up". After talking with them, we think the rate is a bit high. Does this really matter? I feel like I'm being steered toward a broker with a higher rate for nothing. [link] [comments] |
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