Real Estate: Neighborhoods without fences |
- Neighborhoods without fences
- Finding the right real estate agent, and proving you are serious?
- 15 year old house sold 4 times
- How close is too close to a freeway?
- 3.25% with excellent credit on a 30 year
- Living near LA, how do I get proof of home ownership?
- What happens if no copies of a deed can be located (even in the register of deeds office)? This is in Virginia.
- For those that have dropped PMI from their mortgage: aside from overpaying your mortgage monthly, what steps did you take to drop your PMI faster?
- Downstairs neighbours AWLAYS complaining about normal day-to-day noise.
- Is it against code/the law to allow us to move in without sanitizing/cleaning the house first?
- Questions for builder before you sign contract?
- Underwriter Advice needed!
- Dealt with a weird situation. Basically gave in to what the Seller’s agent said the homeowner wanted with our 2nd offer but now they want way more?
- How does condition on financing affect competitiveness of an offer ?
- Carrington Mortgage $5 processing fees
- Standard wording? (Lease agreement)
- Is it worth looking at certain price points?
- In contract and may have a major snafu
- Horrible landlord and property, only been moved in for 3 days
- Living in a high fire hazard zone?
- Qualifying for a Dream
- First time home buyer
- Build a new home then sell?
- New Construction- Good or Bad Idea?
- Is going temporarily "homeless" really the only way?
| Posted: 04 Jul 2020 06:31 AM PDT In the market in the US/MI for my first home, and what is striking me is the number of places where houses have no fences or separation between people's yards. I did not grow up in the US and I am trying to understand this phenomenon. Do people actually prefer this or is this just something developers have gotten away with for decades as a way to fit a greater number of houses on the land? [link] [comments] |
| Finding the right real estate agent, and proving you are serious? Posted: 04 Jul 2020 07:01 AM PDT Edit: Y'all rock, few minutes on reddit got us more help than a week of phone calls. Especially encouraging is a potential agent that has children with similar needs who will be reaching out to me. My take on why it was hard to get a response, is that I can live in any area to work, and that our time frame is very wide (buy now or in a year) Original: Is there such a thing as "a higher end" real estate agent, and if so how do I find one working in more rural areas like rural north carolina? I live 3000miles from where I want to move, I'm looking for large estate (20-80 acres) with all the trimming in rural North Carolina. I have no time limit to find something that fits, and I can most likely come in with cash. My problem is most agents don't seem to take my contact seriously, either they don't reply or propose properties that are no where near fitting my needs. I know the price point I'm willing to spend in these rural areas is very high for them, but coming from the west coast, its less than the equity of my current house. I'm not sure if its my budget making them suspicious, or if my distance or if its just me asking for high end wants. [link] [comments] |
| 15 year old house sold 4 times Posted: 04 Jul 2020 12:11 PM PDT I am interested in a certain house but after looking into it's history, found that it has been sold 4 times in its 15 year history (the number of times sold includes this current listing and does not include the initial sell). The house itself is beautiful. The roof is 6 years old, a new HVAC was added less than a year ago and a swimming pool was added around 10 years ago. It's had landscaping upgrades and custom installations done so it's consistently had upgrades done to it. The asking price for the house is around the median price for the surrounding area. Is the number of times sold in a short period a red flag and if it is, what kind of things could this be indicating? [link] [comments] |
| How close is too close to a freeway? Posted: 04 Jul 2020 06:42 AM PDT I'm looking at a small house that's in my price range but it's about 2 blocks from the freeway. I've never lived close to a freeway so don't know how far it needs to be away before it's an issue. [link] [comments] |
| 3.25% with excellent credit on a 30 year Posted: 04 Jul 2020 06:15 AM PDT I just got approved for a 3.25 with excellent credit and am a little disappointed. I was hoping to get to 3.0. Is this the average rate right now or is something fishy going on? Conventional, putting 5% down, townhouse. East coast. [link] [comments] |
| Living near LA, how do I get proof of home ownership? Posted: 04 Jul 2020 12:35 PM PDT I've recently paid off my house and have received a Lien release from the mortgage company (as well as the paperwork when I acquired the property). How do I now get "proof" that I own the home? [link] [comments] |
| Posted: 04 Jul 2020 12:29 PM PDT There is a 25 acre parcel in rural Virginia that is in my great grandmother's name. She has been dead for decades, and we want to have it placed in my father's name. In researching the issue, I found that the original deed is missing from the register of deeds office, and we have no other copies. The tax map gis they offer shows it in an incorrect size and location, and there is no other documentation on it that I can find. What happens if the deed is gone for good? It is still listed as being owned by my ggma, and is in "care of" my father as he pays taxes on it currently. So there is definitely some legitimate connection to us, but no actual deed. What could we do to resolve this from a deed perspective? [link] [comments] |
| Posted: 04 Jul 2020 09:01 AM PDT I just refinance into a lower rate for a 30 year loan (bought one year ago) and have continued to pay my mortgage for the same amount I was paying before my payment was lowered. There are lots of DIY blogs and HGTV articles with suggested renovations to increase your homes value to appraise out of PMI faster, but I'm curious about personal experiences in this sub - if it worked, or if it backfired. My home has appreciated every single month I've owned it - except this month. The estimate of my home value slipped 2k. I don't know if this will be a continuing trend with the market/COVID, but obviously losing appreciation/potential for equity is not going to work in my favor of trying to get out of PMI faster. An option I'm considering is borrowing against my 457(b) to make a lump sum payment toward the principle of my loan. That way, I get closer to getting out of PMI, and the "penalty" interest I would have to pay on the borrowed money would just be paid back to the balance of my 457(b). Any thoughts or insight would be appreciated. TIA [link] [comments] |
| Downstairs neighbours AWLAYS complaining about normal day-to-day noise. Posted: 03 Jul 2020 03:04 PM PDT I live in Canada, Ontario. Firstly, We are a family of 5. The downstairs neighbours are a family of three with only one son (age 1). Before moving in, I, the eldest son, gave them my number so that they can message me anytime regarding noise or anything else like turning the AC on/off, heat on/off etc. Anyways, at the beginning they were reasonable. They would message me once every couple weeks I believe. Totally reasonable. They would message me regarding the chairs being dragged along the floor loudly. I said okay and I purchased Hommii Chair Leg Feet Wood Floor Protectors on Amazon to eliminate that noise. Done. A couple weeks later they told us to "keep it down" after 10 pm. Done. We are all in our rooms after 10pm. Fast-forward a couple months later, I started getting a couple messages every week. Mind you, our noise-level remained the same, if anything, we are even quieter than before. They are complaining about us walking during normal hours, talking during normal hours, and even laughing..WTF? At this point I am getting a bit annoyed but I still tolerated it. It got even worse during quarantine as they would tell us to keep it down during the afternoon as he is "in a meeting". All we were doing was normal day-to-day activities like chilling in the living room and talking! So I put them on mute, or "do not disturb" on iPhone. But I still read their messages and tried my best to keep quiet. We also know that they have a child. We get it. We try our best to keep quiet but the thing is we rarely if ever hear the baby cry. So I think we're doing a descent job in being quiet, right? The ONLY noise that can possibly be made during the day on the weekdays is my younger brothers going to the kitchen to drink water or get food. Other than that they hibernate in their rooms playing video games, listening to music on their headphones etc. I am outside most of the day and I rarely make noise. I chill in my room after work. Today I received a text message from my landlord saying that the downstairs neighbours have complained about "loud noise". This was around 6am...I asked my family members and the only one who was up was my mom who was going to work. I asked were you walking loudly or doing something loud? All she did was go downstairs, wash a couple dishes, then go to work. Behind my back they complained to the landlord which is bizarre because they could have just messaged me and I always respond! We haven't complained once to the landlord about them. They have also done stuff that really annoyed us like dumping the garbage out onto the street for us to clean up but we didn't complain to the landlord because we are nice people. My question is, how should I deal with this? Are we in the wrong? I have temporally put them on mute because they are complaining about every little noise now. I am an inch away from blocking them. Any advice would be appreciated. [link] [comments] |
| Is it against code/the law to allow us to move in without sanitizing/cleaning the house first? Posted: 04 Jul 2020 08:32 AM PDT The house we just moved into is FILTHY. I messaged our property manager, and she claims it had been cleaned (it absolutely has NOT been cleaned) - but would send a cleaning lady. She never sent the cleaning lady. Is this something I should legally push for her to take care of? Or am I SOL? [link] [comments] |
| Questions for builder before you sign contract? Posted: 04 Jul 2020 08:54 AM PDT Hi, My family is looking to purchase home in Pheonix Metro area within next couple weeks. Before I sign the contract I was hoping to have a list of questions for the builder. I plan on hiring a home inspector for dry-wall stage walkthrough, prior to closing, and 10 months into first year warranty but I still want to ask questions prior to signing the contract. Are there other questions that I should always ask? For example there is a post by SmokedCoho that has some helpful questions. https://www.reddit.com/r/RealEstate/comments/5yb0rk/does_anyone_have_any_positive_experiences_with/deoyo4s?utm_source=share&utm_medium=web2x Ask questions about the level of quality you should expect from the home before you sign and be specific. Examples:
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| Posted: 04 Jul 2020 02:45 PM PDT Doing a new build, got pre-qualified, then pre-approved, and now conditionally approved. The basics of the conditions are job verification and salary, standard stuff since it is 4 months to close. They said we have to do another credit pull because it will expire, of course, I understand. Another condition was score remains the same or better. My question to you underwriters or anybody that can provide advice is, what if it dips like 10 points but it still meets or exceeds the minimum? My score goes up and down so much that I'd hate to get the official credit pull and then it be on the lower end. Will they not approve the loan because of this? Thanks! [link] [comments] |
| Posted: 04 Jul 2020 02:41 PM PDT After 5 weeks of looking seriously for a home, we found one that my wife and I really loved. The home's price was listed at $310k against their realtor's advice (per our realtor); so we figured we try to just throw out an offer closer to its value. They didn't respond. Our realtor then talked to theirs and asked what they wanted. The realtor explained that they are getting a divorce. One spouse still lives at the home. Their realtor shared that they want back 285 so we agreed to offer 295. We asked they cover closing costs (7200) and minor necessary repair so basically they pocketed close to 288. Almost 3000 over then they wanted. The seller's agent countered today with them asking 305, they don't pay closing costs, refused allowance for the repair, and these items were nonnegotiable. This would put our cost over the original asking price. Is this weird or could something be off? This is the first time we've tried buying a home. Is this a common technique by their agent? Or is this a stubborn seller? Is there anything we can try to get this home we love (beyond meeting their demands)? We were curious of other people's experiences. Edit: The seller's agent does not share identities of bidders, theoretically they are not aware we bid twice. [link] [comments] |
| How does condition on financing affect competitiveness of an offer ? Posted: 04 Jul 2020 02:33 PM PDT Ontario Putting an offer tomorrow, quite a premium on ask, with a hefty amount deposit, but with condition on financing, how bad does that look compared to other offers in the eye of the seller? [link] [comments] |
| Carrington Mortgage $5 processing fees Posted: 04 Jul 2020 02:28 PM PDT Anyone with this shady company? Chase sold my mortgage randomly a few months ago, and I just noticed they are charging me $5 every time I pay them. I usually make several principal payments throughout the month and just saw they tack on $5 fee for every single one. If you look at payment history the $5 fee does not show up anywhere. The only place you see it is on the very bottom when you setup the online payment. They are trying to hide the fee and they are hiding it when you look at past payment history. There is a pending lawsuit against them for this, any idea how to get in on this class action lawsuit or me being a customer if the outcome finds them guilty my fees will be reimbursed? [link] [comments] |
| Standard wording? (Lease agreement) Posted: 04 Jul 2020 10:41 AM PDT We found a house to rent. Everything is great but I'm reading over the lease before signing and found this: "17. ACCESS BY LANDLORD: Landlord or anyone authorized by Landlord may enter the Property by reasonable means at reasonable times without notice to: (1) inspect the Property for condition; (2) make repairs; (3) show the Property to prospective Tenants, purchasers, governmental inspectors, fire marshalls, lenders, appraisers, or insurance agents; (4) exercise a contractual or statutory lien; (5) leave written notices; or (6) seize nonexempt property after an event of default. Landlord may prominently display a For Lease or similarly worded sign on the Property during the term of this Lease or any renewal period." I've always seen 24 hours notice. Is this standard? Should I be concerned about anything? I don't mind the landlord dropping by with notice, I'm not hiding anything, but I have serious anxiety about anyone showing up without planning ahead, even my mom or best friend. It's almost enough to make me say no and walk away from a house I could absolutely see being our last rental before buying. (Houston, TX) [link] [comments] |
| Is it worth looking at certain price points? Posted: 04 Jul 2020 02:25 PM PDT Playing around with a home buying calculator. Pretty much saying I can only afford 200k. In socal.is it even worth talking to a realtor or should I wait until I can muster up a 100k down payment? [link] [comments] |
| In contract and may have a major snafu Posted: 04 Jul 2020 10:36 AM PDT I am an agent in California and working with a buyer. We are currently in contract and it has been difficult. The seller has been extremely accommodating and my buyer has been not so much. I have been trying to keep the deal together and have now received a notice of buyer to perform. Here is where my main issue is. I have been working with the father to buy a property for his daughter. I have only spoken with him and never talked to the daughter. However her name is on all of the contracts and all docusigns and esigns have been going to his email. At the beginning of this transaction I said I would need her email and contact info to send her all of the contracts, he said that she only has a work email and to use his because she has access to it and will sign anything that comes over. I thought it was strange and should have seen it as a huge red flag. I brought this up to my mentors and they said that we need to take it to our legal person in the office. He said he would need to reach out to C.A.R. but is not able to do so until Monday. My buyer has been saying they want to cancel and I have sent the cancellation to them but not received it back. We have until Monday to address the NBP. Anyone ever experienced something like this? [link] [comments] |
| Horrible landlord and property, only been moved in for 3 days Posted: 04 Jul 2020 01:55 PM PDT Hi! This might be a bit of a long post but any advice would be greatly appreciated. We are all very stressed right now. About two months ago me and two of my friends decided to start looking for a place to live together. We found what we thought would be the perfect place, a three bedroom house in the neighborhood we wanted. The ad on facebook said that the place had a washer and dryer and central air. About two weeks later we went to walk around the place and realized there was no washer and dryer, this was the first red flag. The place was also very gross. Looked like it had been vacant for a decent amount of time. We were promised it would be cleaned and repaired by the time we got there. Things we noticed needed to be repaired were a very obvious hole in the wall, a broken pipe being held together with a plastic bag and tape, and a very loose banister. The guy showing us the house seemed like he had never seen the place before, he couldn't get into the garage to show us. In hindsight there were many red flags and we shouldn't have followed up, but us being young and eager to move out we decided to anyway. When our move in date came we went to the house and saw that nothing had been cleaned or repaired. It was exactly the same as it was during our showing. We contacted the landlord and voiced our concerns, they told us they could have a cleaning crew come out the next day along with someone to make the repairs. We decided we could handle the cleaning and told them not to worry about it, and asked for the repairs to be made ASAP. The same day they sent out a repairman who only fixed the hole in the wall, but nothing else. We also got into the garage and saw that there were boxes, a stroller, a lawnmower, and five trash cans full of the previous tenants junk. We contacted the landlord about this and she replied that we could either put it all out on trash day, or she could call a truck to come haul it off and we would have to load the truck. At this point we were upset but it wasn't the end of the world. We assume the repairs will be made (they still aren't), the garage would be cleaned out (it still isn't) and continue to move our things in. At the end of a long day moving we wanted to kick on the AC and relax, and that's when we realized there wasn't any AC! They lied in the listing, and they lied in the showing claiming the house had central air. I contacted the landlord again and she said she could resolve this by providing us with window units. FINE. At this point we were very upset and kind of over the whole place. It was a mess, repairs weren't made, no air conditioning, the garage was still full of the previous tenants junk, but we still decided we would try to make it work. We went to bed, all of us barely getting any sleep. The next morning I wake up, sit on the couch with a cup of coffee and a bed bug falls into my lap. About five minutes later, another one crawls onto my leg. This was the final straw. I contacted the landlord letting her know this was not okay. She had an exterminator sent out that day who sprayed chemicals all over the house and left. When I asked what we should do with all of our belongings he told me not to worry and everything would be fine. At this point me, and my roommates are done. We are ridden with anxiety that all of our furniture and belongings will become infested with bed bugs. We are thinking about our options and none of them seem too good. We could stay and hope the exterminator fixes the problem, but it's not looking hopeful as we have seen about eight live bugs since he came. We assume the infestation is pretty deep and are guessing it is possibly the reason the last tenants moved out. The option we are leaning towards currently is getting out and breaking our lease, but we don't really know how to move forward with doing that. Any advice you guys and gals have would help us a lot. TLDR : Moved into a rental house with 2 roommates, wasn't cleaned or repaired as stated it would be on the lease. The listing promised the house had central air, it doesn't. Garage filled with old tenants' junk, and bedbugs present in the living room. Basically a renter's worst nightmare. Looking to most likely break the lease. [link] [comments] |
| Living in a high fire hazard zone? Posted: 04 Jul 2020 07:57 AM PDT Hi everyone! My husband and I are first time home buyers. We decided to go with a new construction and reserved a premium lot that we loved because it was larger than usual with lots of privacy. That's because it's right up against the foothills (located in SoCal). I went home and spent like 4 hours reading through all the disclosures and now I'm not so sure. There's a LOT of warnings about how purchasing a home in a high fire hazard zone may make it hard for us to get insurance. I started googling and found a ton of articles about insurance companies dropping people in high fire hazard zones just last year. I'm wondering if anyone who lives in a high fire hazard zone could give me some advice? Do you regret it? Are you having a hard time getting insurance? Any words of wisdom? Thank you! [link] [comments] |
| Posted: 04 Jul 2020 01:54 PM PDT Married couple trying to learn more about possibly of securing a mortgage with a less than desirable situation. One of us has poor credit, a 580 score with 80k in debt (mostly student loans), but an income of 60k+. The other, has an outstanding credit score of 785, but no income. When inquiring about lending, the lenders haven't been interested in the credit of the person with no income. Is this a lost cause? Trying to find a way to get out of renting faster, in order to get out of debt by not throwing away $2k per month in rent. Thanks for any input! [link] [comments] |
| Posted: 04 Jul 2020 01:16 PM PDT Hello all, I'm from southern CA, but moved to Texas for work. However I want to buy a house in CA for my parents to live in. Would i be able to purchase the house as a primary resident for tax deduction benefits? I am only renting in Texas. How will they know I'm not primary resident or if i don't actually live there day to day? Thanks in advance [link] [comments] |
| Posted: 04 Jul 2020 01:06 PM PDT Here is my situation. We want to build a new home and sell our current one. Basically buy then sell. We live in a very hot market and are surely to sell quickly. We want to close the house next April 2021. So we basically give the builder 30k to start construction from HELOC. In late February 2021 we plan on Listing/selling our current home and closing it to move into the new build. The builder is on board with the Spring closing. We are sending a purchase agreement to the bank in a few days. Will the bank allow this scenario to unfold or am I missing something more? Any insight would be great. We live in Canada btw. [link] [comments] |
| New Construction- Good or Bad Idea? Posted: 04 Jul 2020 12:59 PM PDT I'm looking at my first home - condo, stand alone, townhome, whatever - and the area I'm in has a lot of supply in my range of $175k - $275k. It's in the Midwest where there are both plenty of existing homes closer to the central city, but also new developments as there is absolutely no constrain on the land - just endless cornfields on all sides. It seems the new construction are a bit more expensive which makes sense as you get all new appliances, materials, etc. with warranties. But they also seem really cheap, though I'm sure it will depend on the builder. Question: are new construction homes not generally recommended? Is the price premium worth it? How do you do due diligence on the builder? Thanks. [link] [comments] |
| Is going temporarily "homeless" really the only way? Posted: 03 Jul 2020 08:11 PM PDT FTHS: The significant other and I are looking to sell, aiming for August. Our place is currently ready to sell (living light with most of our stuff packed, place is fixed up and painted and should be ready to go). His mom has been in real estate for a long time but her primary focus for the last 20 years has been property management and investment properties, not exactly residential agent specific. When we talk about the process she has laid it out that basically we have to put our house up for sale and then cross our fingers and hope we find something in the time it takes to close. Or we move out, sell and then move in with parents or become nomads until we find something. One sounds like a ticking time clock into a disaster story of "we were running out of time so took this place and regret it" and the other essentially sounds like being homeless. So why am I told to keep an eye on the listings daily if I have no shot at them since we don't have a contract yet...??? How do people find their dream house then if they cannot browse before hand? Are there alternatives to the methods she listed above? [link] [comments] |
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