Real Estate: Manhattan apartment sales tumble 46%, leaving 10,000 unsold units |
- Manhattan apartment sales tumble 46%, leaving 10,000 unsold units
- Requesting positive vibes - just put in offer number 5
- Getting priced out of a neighborhood in a matter of months... painful
- Renting a House but owners want to come use It? [MD]
- Question about an enclosed porch in a house we are buying
- What color should my roof be?
- If a 2nd prop that you don't know has taxes owed and it's the only way you can get in and out of your property,
- Guide to seller concessions
- Req Suggestion - buying our First Home(Single Family) in a mixed neighborhood (single-family + townhomes ) in the same compound in the USA
- Agents who used real estate express - please help!
- Req Suggestion - buying our First Home(Single Family) in a mixed neighborhood (single-family + townhomes ) in the same compound in the USA
- Bay windows shade and selling house
- Utah - Purchasing a home and included all Refrigerators in the contract, sellers are arguing that a freezer isn’t a fridge and aren’t including it in sale. What now?
- Possible ways to get on list of homes sold without listing online
- Recommendations for video surveillance for rentals
- Options for seller that wants to cancel newly signed contract?
- Was hoping to have a happy ending to a VA loan offer. Sadly, that is not the case.
- Looking for a multi in southern ME.. what to do when prices are high?
- Finally someone accepted our offer!
- How do you estimate total rebuild value when deciding on an appropriate homeowner's insurance policy?
- In general, how successful are aerobic septic systems for lots that have failed a perc test?
- California Renter - Property Being Sold
- Ballpark cost to install shipping container homes?
| Manhattan apartment sales tumble 46%, leaving 10,000 unsold units Posted: 02 Oct 2020 06:14 PM PDT |
| Requesting positive vibes - just put in offer number 5 Posted: 03 Oct 2020 08:48 AM PDT I never thought I'd be a position that, after 4 offers, all over asking, I'd still be searching with no end in sight. It's been a really emotionally draining process. Please send up positive vibes! [link] [comments] |
| Getting priced out of a neighborhood in a matter of months... painful Posted: 02 Oct 2020 10:24 PM PDT The past 3 houses I've put offers on have gone 100k, 150k, 200k over asking.. List price was in line with the comps.. I've been priced out of the neighborhood in LA in a matter of months and it's soo disappointing. Seriously feeling depressed about it, if I had only decided to buy a few months earlier. It's like a perfect storm of COVID, WFH low interest, low inventory has wiped out my goal house/neighborhood :( Really sucks. [link] [comments] |
| Renting a House but owners want to come use It? [MD] Posted: 03 Oct 2020 06:12 AM PDT I'm supposed to be finalizing renting a large house that I normally couldn't afford pre-covid this weekend. It's a 5br/5ba house that would normally rent for maybe $2.5k - $3k a month in this area. The agreement is to rent it for $1,100, which normally gets you a basic apartment here. The reason it's so cheap is they want to leave some stuff and furniture in the house. The deal was they would clear out one of the rooms, I would bring my own stuff and furniture, but they basically would leave some stored stuff. Still would be able to use the living areas and kitchen. The owners have a second house in the country. The wife is freaked out by covid so she doesn't want to live in the city. Originally I was told they don't need access to the house at all. Last week they changed their minds and said they might need to come back and use it for work or personal reasons. It's a big house, 2,500 sq ft. They said they could discount or have me not pay rent those months... Ok I thought. 🤔 The specific terms or amounts and dates are TBA though. They want to keep it lax since they are unsure of what will happen. I'm kind of rethinking at this point. My feeling is it's very hard to rent out houses like this currently. I think that already tried but why would you want other stuff at full price. They just want some money to cover property tax and house costs. There is already a guy that rents a separate apartment unit there. The way it's been framed to me now is room renting. That would make more sense ihmo and would be $600 - $800 a month in this area. They are "trying to have they're cake and eat it too." So I feel like I need to redo the terms. Right? I haven't signed anything but they want to do a generic contract though Cozy. Location is Maryland. Any advice, thoughts, or feelings? What do you think I should do here? If you want more details let me know. Would appreciate some helpful advice. UPDATE - House is 2,500 sq ft and the apartment unit is 800 sq ft. That means the house itself would rent for $2.5 - $3k. [link] [comments] |
| Question about an enclosed porch in a house we are buying Posted: 03 Oct 2020 07:19 AM PDT My partner and I have bid on a house in a small California suburb that needs some work (roof replacement being the big one) but otherwise fits our needs. Two owners back, someone enclosed an existing porch to make it a lovely sunroom with skylights etc. This seems to not be permitted and was never added to the total square footage of the house, and so we are buying a house that on paper has 300 square feet less than it actually does. Our realtor says it is typical in this area (near Sacramento) to have enclosed porches without permits, and is acting like it's not a big deal. I have 3 questions: 1. It seems like there are ways to get it permitted now (there are services that help with that). If we get it permitted, is there a chance we'll be on the hook for back taxes from prior owners? 2. Should I tell my home owners insurance about this un-permitted enclosed porch? 3. Could having an un-permitted enclosed porch impact our ability to get permits to do other work on the house? We want to move an internal wall and we'll need to replace the roof. Any suggestions and thoughts appreciated! This isn't a situation I've bumped into before. My instinct is to do what we can to get things permitted and be very up front about the situation to everyone, but I want to check in on whether that's the right thing to do here. [link] [comments] |
| Posted: 03 Oct 2020 06:48 AM PDT Is there a color or colors that make a roof better for resale? Are there certain colors to avoid? I live in the Northeast [link] [comments] |
| Posted: 03 Oct 2020 09:59 AM PDT If a 2nd parcel that you don't own has taxes owed and it's the only way you can get in and out of your property, then the person who buys it has to continue to allow you to use it, but does that mean that you never have to pay taxes on it? I guess so? [link] [comments] |
| Posted: 03 Oct 2020 08:55 AM PDT How common is it for a seller to agree to seller concessions? The reason I ask is that I listed my home for $121,500 and got an offer on the third day for full price with $6000 in seller concessions. My realtor didn't suggest coming back with a counter offer. The deal went through without a hitch, so the overall outcome is pretty good. There's no guarantee I would have received a much better offer, but I just wonder if I could have or should have pushed back a little on that concession. [link] [comments] |
| Posted: 03 Oct 2020 08:27 AM PDT Hello All, I am a first time home buyer, have come across a tobe built single-family home in a neighborhood which has both single-family(~ 50 homes) and townhomes (~ 75 homes) planned in the same compound. My concerns are
Sinfle family homes starting from ~ $380k (2500 - 3100 sqft), Townhomes starting ~ $280k (1700 - 2100 sqft) Any thoughts would be greatly appreciated. It's my first House so I don't know what I don't know. [link] [comments] |
| Agents who used real estate express - please help! Posted: 03 Oct 2020 08:23 AM PDT I am currently studying to get my license and I am taking the course online through Real Estate Express. I am struggling to stay organized and actually retain the information just because there is so much. If anyone else used this site, how did you do it? [link] [comments] |
| Posted: 03 Oct 2020 08:22 AM PDT Hello All, I am a first time home buyer, have come across a tobe built single-family home in a neighborhood which has both single-family(~ 50 homes) and townhomes (~ 75 homes) planned in the same compound. My concerns are
Sinfle family homes starting from ~ $380k (2500 - 3100 sqft), Townhomes starting ~ $280k (1700 - 2100 sqft) Attaching the map here [link] [comments] |
| Bay windows shade and selling house Posted: 03 Oct 2020 08:15 AM PDT Our bay window in front of house . . . Current we have one large and 2 smaller blinds. Faux wood. So the idiot dog chewed the heck out of two of the three I'm being told to replace it's 750 So can i just take down the blinds and patch? Does a front bay need blinds. Disclose the damage and note offered as is I'm not sure i can get blinds replaced by the time I list [link] [comments] |
| Posted: 03 Oct 2020 07:59 AM PDT The home we are purchasing includes a standard fridge in the kitchen which was left in the house, and an upright freezer in the laundry room. We included all refrigerators thinking that would include both. The sellers have moved out and took the freezer with them saying that it's not a refrigerator and doesn't count. The closing is in a week and they aren't willing to negotiate. Do I have any recourse? Am I just wrong about the fridge/freezer difference? [link] [comments] |
| Possible ways to get on list of homes sold without listing online Posted: 03 Oct 2020 07:58 AM PDT I have been looking for house to buy for few months now. I have noticed in some cases where houses are not listed online (like on Zillow / Trulia) but dealt privately by agent. Once houses goes into pending, they are listed online. Many of those are so beautiful homes, it interests me into making an offer but then its too late since it already went under contract. This happened thrice in last 2 weeks alone. Is there a way to know when such listings are made ? Or are there possible options that people here can suggest to lookout for ? [link] [comments] |
| Recommendations for video surveillance for rentals Posted: 02 Oct 2020 07:33 PM PDT I have a rental that has been targeted by riffraff and roudy neighbors. I need to get a video system there, but I have a rental company, who i want to manage that, but I also want access. I have ring products in use elsewhere, but I need constant power as I know the tenants won't want to keep re-charging. Any success with companies or products? [link] [comments] |
| Options for seller that wants to cancel newly signed contract? Posted: 02 Oct 2020 06:40 PM PDT Hey folks. Hoping for some advice on behalf of my mother. In Kentucky. Long story short, my mother built her dream house with the love of her lifetime about a decade ago. Two years ago, he died unexpectedly. She decided about a year ago that she wanted to sell. Last month, it did. She got an offer, accepted, signed the contract, and immediately decided she wanted to keep the house. I've told her that it's very unlikely that she can cancel this contract. I've tried to remind her of all the various reasons she initially wanted to sell, but it's a no go. Does she have any options here? I've done some research online and haven't found many options that she would have. Thank you all. [link] [comments] |
| Was hoping to have a happy ending to a VA loan offer. Sadly, that is not the case. Posted: 02 Oct 2020 05:13 PM PDT Got an offer on our rental property. Was an underwater mortgage and we had to move out of state. So, after 7 years of renting unintentionally, we are finally ready to sell. Took that long to get it to the break even point. List and get an offer about a week later but it's VA. I have heard nothing but bad things. But it's our only offer, and it's full price, so we take it and cross our fingers. Inspection happens within days, goes great, nothing major, buyer asks for a home warranty and a minor repair. Appraisal happens quickly too and miracle of miracles, it passes with zero repairs needed. And home is 27 years old. So I anticipated something but nope all is well! I'm thinking wtf this is going swimmingly! Why do people hate VA loans?! Everything was going perfectly and we anticipated closing early. Then 5 days before closing the underwriter suddenly realize they didn't have the official form for buyers years of service. Uh oh. Realtor assured us it's a technicality and that buyer definitely qualifies. Wait 2 weeks for paperwork and surprise! Buyer does not in fact qualify. She was reserves and only had 3 years. Back to the drawing board. Was anticipating posting here and sharing our nothing burger of a story to help someone else feel at ease with accepting a VA offer. Unfortunately that was not meant to be. Listed it this afternoon and have 2 showings tomorrow. Fingers crossed for an easy sale this go round. [link] [comments] |
| Looking for a multi in southern ME.. what to do when prices are high? Posted: 03 Oct 2020 01:29 AM PDT The prices are high. I'm in an area outside of Boston, where demand is rising because its "rural". I'm looking at Westbrook, but wanted to hear your thoughts first before spending more time.. [link] [comments] |
| Finally someone accepted our offer! Posted: 02 Oct 2020 07:02 PM PDT Been house hunting for the past month in Colorado and after 30+ virtual showings and 8 offers on different homes someone finally accepted us! Started to get a little stressed out due to our timeline and we were consistently offering $20,000 over asking but we were always outbid in some way. Put an offer in this morning on a home and our realtor suggested writing a "love letter" (this was our first time doing so) and it seemed to work. [link] [comments] |
| Posted: 02 Oct 2020 06:52 PM PDT Does the realtor's competitive market analysis play a role? Do the public tax records (specifically the assessment) play a role? Is it part of the home inspection? Is it part of the appraisal? Does the homeowner's insurance agent perform a valuation? We're having a very difficult time finding an affordable homeowner's insurance policy and are wondering if our rebuild value is too high. Thanks in advance! [link] [comments] |
| In general, how successful are aerobic septic systems for lots that have failed a perc test? Posted: 03 Oct 2020 12:32 AM PDT Ignoring the increased price of an aerobic / alternative septic system, how well do these systems generally work for a lot that failed a perc test? I realize it will vary depending on the specifics of the lot, but am interested to hear people's success (or failure) experience with them. If you're willing to pay enough (say, up to $100k), can an aerobic system or alternative septic system generally be designed to work for the majority of lots that failed a standard perc test? Or are they more of an alternative solution that is effective for certain types of lots that failed perc tests but not the majority? Thanks for any insights! [link] [comments] |
| California Renter - Property Being Sold Posted: 02 Oct 2020 08:37 PM PDT I live in a complex with 12 Units (Rent Controlled) in Los Angeles. The property is currently in escrow and being sold. My lease is up in February but they want me out by January. I was planning to go month to month after my lease ended. What are my rights? Also, they offered me some money to leave but contingent on Prop 21 not passing. I'm trying to figure out why that's the case but don't understand why. [link] [comments] |
| Ballpark cost to install shipping container homes? Posted: 02 Oct 2020 07:11 PM PDT Hi, folks. I serve on a board for an organization that finds housing and employment for people with intellectual and developmental disabilities. We wish to establish a "subdivision" of affordable housing for them. We have a grant to purchase land but not the housing just yet. Are shipping container homes less expensive to build than tiny houses? Does anyone here work with shipping container homes? The people we serve just want reliable, safe homes and don't need frills like 2nd floors, decks, etc. Would anyone here know even just ballpark costs to ship and install a livable, no-frills shipping container home for these folks? Thanks in advance. [link] [comments] |
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