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    Sunday, March 1, 2020

    Real Estate: Seller is offering to let us keep items in the house, what do we do?

    Real Estate: Seller is offering to let us keep items in the house, what do we do?


    Seller is offering to let us keep items in the house, what do we do?

    Posted: 01 Mar 2020 07:18 AM PST

    My husband and I are first timers, so totally unfamiliar with any of this. We met our inspector and agent at the property yesterday to go over his findings. He's showing us minor things, all very easy fixes we can do ourselves, everything else is good to go. We are in the kitchen, handing over payment and getting ready to leave, and in walks the sellers.

    Now, I've been told they are "elderly", but didn't know what that meant. The husband has als, and putting it as nicely as I can...he's not much longer for this world. His wife was pretty old too, but can at least still drive and help her husband around( I'd say in their 70s). They were both very sweet and polite, but the wife became confused as she thought OUR agent was HER agent. Our agent laughed, tried explaining she was not who she thought she was, while trying to politely get us out the door ASAP. (I say all of this as this come into my question)

    When we made it to the porch, the woman shuffled after us and said "we're gunna leave some stuff, this is all just too much, so if you see anything you want, let us know and we'll leave it". Our agent immediately raised her voice an octave and said "OH YES SURE WE'LL LET YOU KNOW BYE BYE NOW", while pushing us down the driveway. She rolled her eyes, gave a 'bless her heart' (TX) and said she'd call us once our inspection report was emailed over.

    On our way home, I told my husband I don't want to deal with getting rid of all of that stuff. He shrugged and said they're old and not going to care, we're just gunna have to deal with it. I joked that maybe they'd forget to clear the shed and we could avoid buying our own lawn mower, and then asked what else would we even want. Husband LIT UP and said "But did you see their kitchen table?! I really love it, I hope they forget that". This intrigued me, as we're gunna need a table and my husband doesn't ever say he loves something besides me and only one of our cats. I actually really liked their patio furniture too, but never thought of asking for it until now.

    Is this a normal thing, for sellers to offer things? Or for buyers to ask/pay for furniture? The problem is it's a really nice table, round dark wood with a glass lazy Susan in the middle and it breaks my heart thinking of just 'asking' for things. It looks new and expensive, and I feel like that's taking advantage of them. But, if we offer them $, I'm worried that may be a sign to them of "oh they're young they'll need this too" and then we end up with a house full of someone else's stuff we have to haul away.

    Should we offer to buy the furniture we like? Should I just let my feelings for these people go, and just ask them to leave it? Is there even a normal/usual way people go about doing this? We're talking to our agent later today and I'll ask her, but I was wondering what others have done.

    submitted by /u/SiNeThApDo
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    How could buying a home and then selling it in less than a year affect my credit?

    Posted: 01 Mar 2020 07:30 AM PST

    There's some stuff going on in my family that I don't want to get into on here so I'm going to keep the background vague. I'm going to be taking out a mortgage to essentially buy a home from a family member. The mortgage will be >$100k, 30 year fixed. This will be my first mortgage. I have a really good credit. The house may have to be sold in less than a year. How could this affect my credit? I know that in the long term, mortgages help credit. Can selling early have a negative impact?

    submitted by /u/lizanyah
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    Bought home with abandoned car

    Posted: 01 Mar 2020 08:10 AM PST

    I recently bought a home and the seller ignores request to pick up his 1980s car it's been a few weeks since we closed escrow. What steps should I take? Parking enforcement won't get involved because it's in private property. And towing companies want the vehicle owner present. I'm in Los Angeles. Thanks in advance.

    submitted by /u/Madluck11
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    Is 3.149% 30yr realistic?

    Posted: 01 Mar 2020 08:02 AM PST

    I'm purchasing a newly constructed condo and one lender offers 3.625% with all 9k of closing cost paid. I only need to bring 20% down payment.

    Another local lender offers me 3.149% with unclear incentives. Let's assume without incentive.

    Is 3.149% realistic?

    Which lender should I pick?

    Do I tell the lender to lock right away after I picked? Sorry I'm new to mortgage loan process.

    submitted by /u/omegachopstick
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    20 yrs old, need advice!

    Posted: 01 Mar 2020 09:56 AM PST

    This is my first post so I'm not quite sure what I'm doing, but ultimately I'm here looking for advice on buying my first rental property. I'm a full time student and I live in a large city. I'm 20 yrs old and have no current debts. My credit score is roughly 730. I've done a fair amount of research on owning rental properties and I'd love to get into it. My problem: There's a large rental company that seems to own a major portion of the student housing options in my area. As one person, how can I compete with a large and very successful rental company? I have to assume they have the best resources and market knowledge to jump on every good deal in the area.

    Any advice on the situation/life would be much appreciated, thank you!

    submitted by /u/craftychicken23
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    What’s the current mortgage rates?

    Posted: 01 Mar 2020 05:42 AM PST

    For a conventional 30 year fixed — I've heard they've been at all time lows the past couple weeks, I locked in at 3.5% with no lender credit which isn't too bad - but I'm at a stage where I'm waiting for the appraisal. (Answer tomorrow!) If that doesn't work out, I might shop rates again :)

    submitted by /u/lizzygator
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    Multiple offers

    Posted: 01 Mar 2020 08:53 AM PST

    I know it is a good issue to have, but I am having trouble deciding between four offers on my house. Would love some feedback. Multiple offers on first day of showing. I am worried that our house will not appraise for the top dollar offer. Is it best to go with best offer here, even though they are only putting 5% down?

    Offer #1 - $7000 over ask, $ 20% down, Conv, Appraisal Rider

    Offer #2 - $12000 over ask, 5% down, Conv, Appraisal Rider

    Offer #3 - $5000 over ask, 30% down, Conv, Appraisal Rider

    Offer #4 - $12,000 over ask, 0% down, $6000 in closing cost, VA Loan, $650 Home warranty

    submitted by /u/Huntbeam07
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    New construction questions

    Posted: 01 Mar 2020 07:32 AM PST

    Do you need an agent of you are thinking of buying a new construction? What are the closing costs on a new construction? (Is it ~10k?). The agent on site said it take about 7-9 months to move in if they start now. Is that the right timeline? (We may have to extent our lease)

    submitted by /u/loremaster_zen
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    Buying in Boise, ID is now a bad time?

    Posted: 01 Mar 2020 07:25 AM PST

    I'm a Boise native currently owing a home that we're going to rent out after we close on our new house. I know our prices are ridiculous currently but we've found an house and made on offer that was approved. I feel like I'm still 10k over the market on the house but with the upgrades it's somewhat lines up. Anyways my question is with the stock market tanking and current fears if the virus plus an election year. Should we wait and see if a market correction in my area will happen? Or is Boise strong and I should jump on my opportunity now before prices increase.

    submitted by /u/elguapojefe
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    Question about mortgage re buying land to build a second home

    Posted: 01 Mar 2020 06:20 AM PST

    I currently pay rent on a condo and also help out a family member with their mortgage on a house that they'll be selling in about a year and a half, at which point I'll get some money back. I'm looking to build a second home. I currently have enough saved to put 20% down on the land, but not enough to put 20% on the total cost of the land and the building of a house.

    My question is - is there a huge disadvantage/is it unwise to have 2 mortgages on one property? I'll have a mortgage on the land, then have to get another mortgage to get the house built in ~ 2 years.

    Thank you for any and all help!

    submitted by /u/jones55r
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    Why is it some realtors don’t show listing price when they post homes on social media?

    Posted: 29 Feb 2020 10:20 PM PST

    Any Pennsylvania real estate agents?

    Posted: 01 Mar 2020 04:04 AM PST

    Real estate agent

    I have always been interested but I didn't believe in myself. Now that I am a single mom of three at the age of 28, I want to follow my dreams more and become the independent kick ass mamma I know I can be. I have taken time to think about careers and honestly I keep coming back to this. I have been doing my research but I still have so many questions. My parents told me to maybe call around to some and se if anyone would be willing to answer my questions but I don't think it works like that. I am going to be going to career link and see what information they have.

    Does anyone in here have a Pennsylvania real estate license ?

    I have found many online courses, it before spending 500.00 on them I wanna make sure I am going about it the rite way. Also I would rather do the courses not online but is this the only way?

    I am really hoping someone on here can answer my questions.

    Thanks 🙏

    submitted by /u/mmys292
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    Vacation Condos

    Posted: 29 Feb 2020 11:19 PM PST

    I have been thinking about buying a vacation condo along the coast of Washington. Several of the condos mention they are rented nightly to tourists and that if I wanted to use my own condo I would have to pay a "small" nightly fee.

    First off, can I turn the condo into a private (IE no rentals) use condo? Second, what is the "small" nightly fee? And why do I have to pay a fee to use my own unit?

    submitted by /u/Iamnumber6666
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    Currently renting and thinking of offering to buy an unused part of the property off the landlord to build a tiny house on. What would the steps be to accomplish this? How could I find out whether the new plot would be buildable?

    Posted: 29 Feb 2020 10:42 PM PST

    There's an extra concrete driveway adjacent to my current rental that the landlord says we aren't allowed to use. He was thinking of putting a tiny home on it himself, but he's super disorganized and I doubt he'll ever get around to it. It got me thinking, though, that I should offer to buy that area off him and just build something on it myself.

    I'm totally new to this, but owning a tiny/affordable home in an urban area has always been something of a dream of mine, so I'm curious to see if there's an opportunity here.

    Thank you everyone in advance!

    EDIT: To clarify, this would require splitting the property into two APNs as the driveway is currently part of the property that contains house I am renting. The driveway is roughly 20'x40'.

    submitted by /u/fuzzyoatmealboy
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    Is there a way to capitalize on the virus?

    Posted: 01 Mar 2020 07:13 AM PST

    My interest rate is 4.5% for 30 year loan. Is there anything I can do to gain any benefits of the lower rates going on as a result of the downward market trends?

    submitted by /u/jku2017
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    Other options for people with a real estate license

    Posted: 29 Feb 2020 10:17 PM PST

    Looking into getting a real estates license in California, but I don't have an interest in being a realtor. My question is what other careers can a license in real estate be beneficial? I'm taking a semester off from my bachelors because I'm not interested in my major anymore and just educating myself on real estate in general.

    submitted by /u/Overdressed1994
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    1 comment:

    1. Your story is incredibly thoughtful and genuinely relatable for anyone navigating the emotional and practical sides of buying a home for the first time. I really appreciate how honestly you describe your feelings about respecting the sellers while also wondering about what to do with their belongings — it's a perspective that goes beyond just contracts and checklists. The way you balance empathy and practicality makes this a valuable read for others in similar situations. It reminds me how much subtle choices can shape the way we see a space and its contents, much like how details can be enhanced through thoughtful photo editing service that brings out the story in every image.

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