Real Estate: Pay for sewer line scope? |
- Pay for sewer line scope?
- My wife and I are trying to sell our home and we're feeling like we are missing something huge.
- Zillow market analysis
- Bought a house under asking price in LA area
- Can you request a breakdown of your HOA fees?
- Can you buy a car after keys in hand?
- The price of homes in HOA communities/builder in the beginning, during, and after construction?
- If developer buys house, can I take appliances with me?
- Looking for Real Estate Side Hustle (residential or commercial)
- Real Estate Agents in Bay Area
- Escalation Clause / Offer Expired (First time Buyer)
- Is any lender accepting Airbnb income right now?
- HOA restricting fence type
- How much do appearances matter?
- Why do I need a Third Party Inspection Addendum?
- Adding a window to create a bedroom. How can I be sure listings accurately list bedroom quantity? Located in Georgia
- Citi just quoted me 4% on a conventional 30-year fixed mortgage...am I missing something?
- Question about criminal charges and the Real Estate background check
- Working at a broker and a assistant for another
- How does cutting in a new driveway work when you own a home?
- We got an agent. We are the tenants. Aren't we supposed to be asked if showing time works for us.
- Get really discouraged
- Real Estate Pros of Reddit that have Netflix: What do you really think of Selling Sunset?
- When should we move?
| Posted: 02 Aug 2020 04:43 AM PDT I am selling an older home that has shown no issues with plumbing, other than age. Our buyers had their inspection and as part of repairs they want all the plumbing lines scoped. The way I see it, nothing on their inspection pointed to a plumbing problem so I don't know why I'd pay for a survey that doesn't benefit me at best and could lead to major renovation costs or forced seller disclosure at worst. Was this not the responsibility of the buyers to perform, if they so wished, during the inspection phase? Is there any reason we should consider having this scope performed on our dime? Thanks! [link] [comments] |
| My wife and I are trying to sell our home and we're feeling like we are missing something huge. Posted: 02 Aug 2020 07:07 AM PDT We live in a subdivision on the outskirts of Augusta, GA. It is a little military town and our neighborhood is only one of two neighborhoods. We put our house on the market 10 days ago. We have tons of viewings on Realtor.com, Zillow, etc., but not one showing. No one has come by to look. This doesn't seem like a big deal normally, but there are other houses on the Markey in our neighborhood (some are the same house plan, some are not) that sold in 3 days. Our realtor told us in the beginning that we wouldn't be on the market but a few days. "We haven't had a house on the market for a week yet in this subdivision." Well, our home is the first to take this long. Compared to the other houses, we have hardwood floors (vs their carpet), tiled kitchen/bathrooms (vs their laminate flooring), privacy fence, newly pressure washed driveway/patio, offering to leave washer/dryer, etc. This house is only 5 years old, but at this point, it's feeling like we are missing a huge draw somewhere. As far as asking price, we were appraised at 230k and are asking 229k (hoping that it would bring over asking price). I was sure, in this market, the house would be snatched up by some military family rather quickly, but no such luck. Does anyone have any advice? Thanks in advance! [link] [comments] |
| Posted: 02 Aug 2020 07:46 AM PDT Non-professional here. Previously when I saved a Zillow search based on zip code, I would get a monthly market analysis report (median value, number of homes on the market, number recently sold.) I've been looking quite a bit lately and saving searches while waiting fo my home to sell. Since doing this I no longer get these monthly reports. Does anyone know if Zillow stopped providing this info when you saved a search? Should my agent be able to provide something similar? [link] [comments] |
| Bought a house under asking price in LA area Posted: 01 Aug 2020 12:33 PM PDT We've been looking at houses for 3 months. Missed out on a couple that we liked. There was one house that we liked in great shape with everything that we needed (4bd, high rated schools) except a back yard (only a small patio). It was overpriced by about $10k as well so we didnt make an offer. Fast fwd a month it was still sitting and price had dropped by 10k. We think this mainly due to lack of staging, horrible pics and using an out of town realtor. Houses in this area are usually gone in one weekend with multiple offers. Made an offer and after some counters we got it for 15k under the new lower asking price. We're planning on spending the money we saved to turn the driveway that runs along the side of the house into a yard/driveway using drivable grass pavers. TLDR: got a good deal by going for the house that didn't have any staging and bad pics. [link] [comments] |
| Can you request a breakdown of your HOA fees? Posted: 02 Aug 2020 07:29 AM PDT Is it possible to get a breakdown of HOA fees or is this restricted data for a given HOA? [link] [comments] |
| Can you buy a car after keys in hand? Posted: 02 Aug 2020 07:42 AM PDT I closed several days ago, loan funded and recorded. Keys in hand and already moved in. Car broke down and have been waiting to buy a new one is it ok to pull the trigger? [link] [comments] |
| The price of homes in HOA communities/builder in the beginning, during, and after construction? Posted: 02 Aug 2020 08:55 AM PDT Ive lived in new construction communities for 8 years now (2 communities). I am semi unhappy with my new community and plan on leaving for somewhere cheaper and lower HOA fees down the road. I had an interesting discussion with a broker who mentioned builders building keep the price of ("used/new") homes up. This person is very wise, however I did not get their logic. If I had a community with 100 homes. 50 owned and 50 brand new, I dont understand why anyone would pay higher than builder price for one of the 50 owned homes unless it is a lot premium or something fantastic was added to the property. Once the builder finishes, pretty much all the homes are off market, and then home owners can set the price of their home to how they please. So, when a community is being built, what is the trend of the value of the homes, excluding extraneous factors such as economic crashes or new developments near by? [link] [comments] |
| If developer buys house, can I take appliances with me? Posted: 02 Aug 2020 08:50 AM PDT If I'm selling my house to a developer who's just going to tear it down to replace with multiple units, can we take stuff like our new appliances and even larger items like new heat pump system with us to wherever we move next? Or would that factor into their offer price at all? I'm assuming they would not bother to reuse anything in their builds or it would be a hassle for them to make money off of resale on those items. [link] [comments] |
| Looking for Real Estate Side Hustle (residential or commercial) Posted: 02 Aug 2020 08:16 AM PDT Hello all, I have five years experience completing Phase I Environmental Site Assessments, Property Condition Assessments, and ASHRAE Level I and II Green Energy Assessments under Fannie Mae, Freddie Mac, and ASTM guidelines. My current company completes primarily commercial inspections - about 80% multi-family, and the remaining 20% a mixed bag (hotels, strip malls, industrial, warehouse, retail, vacant land, etc). This fall, I began a side job as a field inspector for MBFS. The job primarily consists of driving past houses that are occupied, taking a few photos showing the condition of the house and proving occupancy, and filling out a brief questionnaire. I like doing this on the side as it brings in an additional $400-$500/month. However, I am looking for something a bit more lucrative. Does anyone have ideas for a side hustle (self-starting) or part-time / contractual work? I understand building systems, environmental risks / concerns, can inspect and identify asbestos, lead-based paint, mold, short-term radon testing, and am able to complete basic energy assessments. [link] [comments] |
| Real Estate Agents in Bay Area Posted: 02 Aug 2020 07:51 AM PDT What the hell is going on in the market right now? Homes under 1 mill are flying off the shelves way over asking at times. Is it simply the low inventory? [link] [comments] |
| Escalation Clause / Offer Expired (First time Buyer) Posted: 02 Aug 2020 07:44 AM PDT Hi! First time home buyer here. We submitted an offer two days ago on a house in an area that is a hot seller's market that included an escalation clause with a max cap on it and put in a 24 hour expiration. Our realtor gets a response from the listing agent this morning that they are asking for highest and best offer from all the offers that they received. Does this usually mean all of our bids were similar so that the escalation clause didn't kick in? Or could it mean that they let the offers expire so that they did not have to execute the escalation clause and could ask for the highest and best offers? Basically, for our counteroffer, our realtor thinks we should bid the max that we put our cap at. However, a part of me thinks the other bids could've come in lower and that they are hoping to get our max. For anyone who has dealt with this situation, what was your experience like? Do you recommend just going with our max cap as the counteroffer? [link] [comments] |
| Is any lender accepting Airbnb income right now? Posted: 02 Aug 2020 06:36 AM PDT I know quicken used to, but I called them and they said during the pandemic they've stopped allowing Airbnb as qualifying income. Any ideas? [link] [comments] |
| Posted: 02 Aug 2020 09:40 AM PDT My HOA restricts the type of fence I can install. I have no privacy in my backyard and the HOA doesn't allow anything other than a pasture fence. Why is there such a restriction? [link] [comments] |
| How much do appearances matter? Posted: 02 Aug 2020 09:22 AM PDT I'm preparing to canvass local realtors for a position, and wondering the importance appearances play in real estate. I think I'd want someone I'm entrusting with the biggest purchase of my life to be dressed pretty well. Yet I live in a rural area, population 12K with 100K visitors per weekend, and many realtors here are lax on fashion. Also, I'm a 47m with well-kept hair past my shoulders, and every time I've crossed the Canadian border with long hair everything got searched. With a shaved head, nothing ever got searched. So how much does appearance really factor into buyers' assessment of agents/brokers? Should I wear my Perry Ellis and Michael Kors, or will a flannel do (literally seen in a top local agent's headshot)? Hair - long or short? My mentor, a former real estate exec, suggests just to keep it long and well-kept, and she's pretty conservative. But I'd like to hear other opinions. We do get a lot of sophisticated buyers from Los Angeles. Thanks. 🙏 [link] [comments] |
| Why do I need a Third Party Inspection Addendum? Posted: 02 Aug 2020 05:26 AM PDT I'm buying a new home and the builder is requiring me to fill out a Third Party Inspection Addendum with extensive information about my home inspector. This is a final walk through, the home is finished, and it is no longer an active construction zone. I'm interested in the point of requiring this information. If I was purchasing a previously occupied home, I would not need to supply this information. Just curious in the thoughts behind this document. [link] [comments] |
| Posted: 02 Aug 2020 08:44 AM PDT I've got a 70's ranch in GA that's a 2 bed/2 bath. There is another bedroom with a closet, but the only window is too high off the going to be considered egress. I'm going to add an updated window lower to the ground and want to be sure it's listed correctly. Up to my agent or anything I can do to get it changed? [link] [comments] |
| Citi just quoted me 4% on a conventional 30-year fixed mortgage...am I missing something? Posted: 02 Aug 2020 08:41 AM PDT
was expecting ~3.25% at the highest...any idea why they might have hit me with 4%? [link] [comments] |
| Question about criminal charges and the Real Estate background check Posted: 02 Aug 2020 06:50 AM PDT I really want to work in real estate so I had the idea to get my license. I was reading about it and saw that there is a background check, as with everything. I looked it up and apparently a board of commissioners has to look over my application and decide whether or not to give me a license. I have done some things in the past from being a stupid teenager that landed me a few charges, that aren't so pretty, but are all non-violent. It is something I completely regret and isn't a correct representation of who I am today. Is there any advice I could collect from here on how it would help the chances of me getting a licence? [link] [comments] |
| Working at a broker and a assistant for another Posted: 02 Aug 2020 06:46 AM PDT I recently got my Florida state license and have signed with a broker but I was approached by an agent to be an assistant under her. I actually did think about becoming an assistant first but being an assistant vs becoming an agent are vastly different roles so I decided to just jump in as a realtor since the payoff and potential earnings were greater, but now this opportunity of becoming an assistant has presented itself. Is legal to be doing this or is there a conflict of interest? The other agent knows I'm working for another broker. And to my other question how much does an assistant usually make? [link] [comments] |
| How does cutting in a new driveway work when you own a home? Posted: 02 Aug 2020 12:26 AM PDT Aside from the actual construction aspect of course, how does one get approvals for such things? Essentially we are looking at getting a corner lot house so we could bring our RV home for maintenance and storage and so far none of the properties we've seen have a second driveway into the property. I'd rather not bounce the RV up a curb and across grass, so how does one get a driveway paved the right (legal) way? I'd expect to pay for materials and labor for something like this and I'd imagine there's a permit or two involved but I can't imagine it's as simple as calling the City and requesting to put in a driveway from a public street into the back of a corner property? Any suggestions? Thank you for your advice. [link] [comments] |
| We got an agent. We are the tenants. Aren't we supposed to be asked if showing time works for us. Posted: 01 Aug 2020 07:58 PM PDT Thankfully my agent texted me about the showing on our unit. The landlord left no note, no call or anything this time. I'm a 3rd shifter. Husband is a 2nd shifter but natural night owl. Maybe this is a misconception but aren't agents supposed to confirm with you as well to make sure the showing works out? Or is that only the seller of the property? We have been doing out best to accomidate these showings by leaving. However I do not think we will be able to tomorrow. As soon as we woke up I had the text. Too late for us to modify our sleep schedules. I'll probably still be up when the showing happens. It's smack dab in the middle of husband's sleep schedule. On days he works he sleeps from 830 to 130. 5 hours. Unit showing is at 1030. We had about 12 hour notice. We have told this agent what times work best. Granted I know other agents can make appointments too. So is it weird if I leave a note on the door saying please come in and look around. Due to my husband's work schedule he is currently asleep. I however have left? I know it is customary to leave. This will be the only one on 3 months we haven't been able to completely accomidate. We have been lucky enough that nothing has really been a huge inconvenience until this one. Even though most of them haven't been in our preferred hours. We want to be accomidating as much as possible. In your opinion as long as I leave is leaving the note mentioned above ok? [link] [comments] |
| Posted: 01 Aug 2020 04:20 PM PDT Not sure if this is the right place, but i guess I just wanted to get some perspective. My wife and I have been looking for homes in the city of Cerritos (about 30 minutes south of LA) mainly for the great school district. We've placed offers on several houses and more often than not getting beaten by someone that has an all cash offer. This is really starting to wear on me. She says we'll find the right one and I believe her but a lot of the homes we've put offers on I thought we're the right ones. Most of the offers we've put down are close to asking with a 10 day inspection and 20% down. Not sure what else we can do to look more attractive to the sellers. Just sigh. Thanks for reading. [link] [comments] |
| Real Estate Pros of Reddit that have Netflix: What do you really think of Selling Sunset? Posted: 01 Aug 2020 07:03 PM PDT |
| Posted: 02 Aug 2020 03:53 AM PDT I'm going to try and be concise.
When is it "safe" to move? After the inspection? Do we need to wait until closing? Let me know your thoughts! [link] [comments] |
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