Real Estate: How much are fees for selling house? Extremely unhappy with location |
- How much are fees for selling house? Extremely unhappy with location
- Continuously outbid on homes
- Buying First House, Roof Questions
- Wanting to move- currently have a mortgage.
- If I get a renter with lease for my current house, would I be able to use that to obtain a second loan for another house?
- Moved into the property; found out the seller agent misrepresented information. What to do?
- What exactly does "residential use only" mean?
- First time homebuyer in need of some advice
- buying property
- Am I cheating on my real estate agent?
- Purchase Contract Expired... Re-list or wait for lender?
- Will the Biden Presidency have any impact on mortgage rates next week?
- Worried about a purchase wife made. My Closing Date and Final Walkthrough has been given
- An inspector that would also give quotes for repairs. Is this a thing?
- Are people flipping homes BLESSING the market? RANT
- Condo complex top floor unit roof leaking due to construction - what should I make sure gets done?
- Is there a reason to not get an appraisal??
- Backing out during due diligence period due to neighbor being a chainsmoker?
- Are there services for independent market analysis of listing?
- Question about backing out of offer
- Real estate agent has stopped caring about me since he thinks the deal is final and is making me lose out on $2,000.
- How long does it take to receive the clear to close?
- How do you know it's a bad flip?
| How much are fees for selling house? Extremely unhappy with location Posted: 07 Nov 2020 03:46 AM PST I purchased a home a month ago, new construction. The house is great, lot is fine and immediate neighborhood is fine. What I did not discover in all my visits to the property before moving in is that the house is 1 mile from a skeet shotgun range. I'm not sure if I came in the couple days they are supposed to be closed, early before they opened or was raining and no one was there but I had zero knowledge about it before moving in. Now I can hear gunshot pops every few seconds from 10-5 every wed,Fri, sat, sun. My highest priority for the house was quiet and I feel my life is ruined, that I can't open windows in nice days, that I can't sit outside in the weekend without this water drip type torture of pop, pop, pop gunshots. I need to get out, how do I do that? What kind of seller fees am I looking at? New construction, everything about the house itself is fine [link] [comments] |
| Posted: 07 Nov 2020 10:10 AM PST My husband and I have been searching for a home for about two months now. We have seen close to 75 houses and have put in four very strong offers. We are looking in Portland OR where we currently rent. The market is competitive so it is pretty normal and even expected to submit offers well over list price. The issue is, even though we are approved up to $415K and have been looking at houses that cost around $375K-$400K we keep getting outbid. And not by small amounts....we bid $415K on a home listed for $389K. The final offer the sellers chose was $450K. We are feeling like we can't compete in this market and we can't look for houses lower in price for several reasons (they would require us to move well outside the city or are such absolute dumps we would end up spending thousands to make it livable). I am feeling quite disheartened and defeated and worried that it just might not be possible to get a home now after all. My question is, is this just a bad time to be buying and should we wait? [link] [comments] |
| Buying First House, Roof Questions Posted: 07 Nov 2020 05:34 AM PST My wife and I are purchasing our first home, we made an offer that was accepted and had an inspection done which went well. The roof was the only major issue which we were told from the first showing that the house would have a brand new roof before the sale. We just found out that the seller and his roofer friend are doing it themselves so there is no warranty on the work only the materials. We asked that if any issues arise because of installation within one year from completion that it be fixed at the sellers expense. As a first time homebuyer I'm really just looking for any input on this situation, is our request reasonable? I just want to have ourselves covered in case they were to do anything incorrectly. [link] [comments] |
| Wanting to move- currently have a mortgage. Posted: 07 Nov 2020 08:11 AM PST We have outgrown our home and need something a bit bigger. If we sell our home, we would profit 50k+. I don't currently have enough extra money for a down payment on the next home. Is there a way to structure a deal to essentially offer contingent on me selling my house and using the profit for a down payment? If I were to sell my house first, I would just be without somewhere to live for a while and would like to avoid that. Any input would be helpful. Thanks! [link] [comments] |
| Posted: 07 Nov 2020 12:01 AM PST What are my options to rent out my current house which is financed, and use my VA loan to purchase a new house? What's the path to getting approved on a second property? [link] [comments] |
| Moved into the property; found out the seller agent misrepresented information. What to do? Posted: 07 Nov 2020 02:39 AM PST Hi everyone. We are first-time homeowners and aren't sure what to do. Any help would be greatly appreciated. We purchased and moved into a house in October. This house has a complex garden in the front with large boulders and a built-in fountain and irrigation system and we recently learned from the same gardener the sellers used that the system was damaged several years ago when they installed a new fence and has not worked since. However, when we asked the seller agent about the state of the fountain during one of the open house, she told us that the sellers shut it off on purpose to keep their daughter safe and that it's still fully functional and can be turned on at any time. We did a home inspection but the inspector did not test the fountain system since it was outside his expertise. We're not sure what the extent of the damage is or how much it would cost to fix it. The sellers never left any manuals for operating the fountain so we haven't had any success in troubleshooting the issue ourselves. Since the damage is underground, we suspect it would be pretty costly to just determine the issue, let alone fix it. To make matters worse, our house's standby energy use is abnormally high and the GCFI socket in the garden is constantly shorted so I suspect these two might be linked. We've thought about writing to the sellers or their agent a letter explaining the situation and seeing what they can do but we're not sure how to approach this. Specifically,
Do we have a case at all? We don't have the agent's statement in writing as it was strictly verbal but our realtor was present and can back us up. [link] [comments] |
| What exactly does "residential use only" mean? Posted: 07 Nov 2020 04:24 AM PST A property I am looking at says in the deed restrictions it is for "residential use only." What exactly does that mean? Does it mean that I can't open a Walmart, or does it mean I can't have a hobby farm that makes money on the side? How can I find out? It was written 50 years ago, so there's a good chance the people that wrote the deed restrictions up aren't even alive. [link] [comments] |
| First time homebuyer in need of some advice Posted: 06 Nov 2020 07:51 PM PST I put in an offer on a house today, I put it in 35k under asking because it needs a lot of work immediately (new roof, new floor, appliances and it has to be painted immediately bc a smoker lived in it). After seeing it the real estate agent called mine to tell him they are willing to move on the price because they are trying to sell it as soon as possible. Its been on the market 30 + days and is split between 3 parties because of a will. After I put in an offer today the sellers agent told my realtor that another offer is coming in tomorrow and another person saw it for the 3rd time today. My realtor suggested an escalator clause and the seller's agent told him not to do that and that we should just offer the best offer that I can do. On top of that the sellers agent also said two of the executors would not take an offer that low and said that verbally tonight. Should I put in a higher offer? I really like the plot of land but I don't know if they're just trying to get me to go higher. This is in Oregon also. [link] [comments] |
| Posted: 07 Nov 2020 10:07 AM PST hello. I have roughly $10,000 or so to spend. I wanna buy a house/apartment/condo to rent out to make some passive income. I would be a first home buyer. I don't have a job now but I have a 6 figure savings balance.
anything else i should know? [link] [comments] |
| Am I cheating on my real estate agent? Posted: 07 Nov 2020 08:51 AM PST Husband and I are first time homebuyers. We, of course, are fairly clueless about the process. Our lender suggested we find someone with 10+ years experience. I found an agent through an online referral system who has 7. We've been working together for a few weeks now and husband and I don't really feel like they're a good fit. They've done a lot of work for us already (lots of showings and a couple offers). We went to an open house yesterday and as I was asking the agent there all my questions (not the house's listing agent it turned out) she was asking me questions and giving me information I didn't even know we needed. Both husband and I liked her a lot but she's REALLY new. To make matters worse we met an agent before we were pre-approved who has been contacting us occasionally who is with the same agency as the one from last night. We never told them we ended up with someone else. I feel like we're cheating on our current agent. We haven't signed any contracts so there's nothing legally stopping us from switching. It just feels dirty. I'd appreciate any advice. [link] [comments] |
| Purchase Contract Expired... Re-list or wait for lender? Posted: 07 Nov 2020 08:46 AM PST You all gave great advice last time. I was hoping you could provide feedback on my situation now. My husband and I have been really unhappy with our realtor (unreliable and argumentative). We decided to switch realtors but then we got an offer and decided to go forward and see what happens. It has been over one month and the bank has not processed the buyer's loan yet. I personally called and asked the lender why and they said they are waiting on association documents for over one week now (it is a condo with an HOA). Purchase contract has expired and no addendum has been signed to extend the contract. Our crappy realtor sent us an email asking for compassion for the buyer. Zillow and redfin says our property is still Pending. Should I re-list with a new realtor, or wait for this current buyer and her lender? [link] [comments] |
| Will the Biden Presidency have any impact on mortgage rates next week? Posted: 07 Nov 2020 08:40 AM PST |
| Worried about a purchase wife made. My Closing Date and Final Walkthrough has been given Posted: 07 Nov 2020 08:33 AM PST So I should close on the 20th with a walk thru on the 13th. I am very excited, this has been a hell of a ride I read all the time to not make big purchase, or add anything on your credit. I've been great about that. Yesterday my wife was our with my mother and they got excited on a sofa sale and made the purchase with our joint bank account. She paid debit. Should I be worried at all? Will this affect me? [link] [comments] |
| An inspector that would also give quotes for repairs. Is this a thing? Posted: 07 Nov 2020 08:19 AM PST Hi there! We are likely putting our home on the market in a few months due to a military move. I have been painting, fixing the small items, etc, and we pretty much only have minor things we know we will need to do. For a fast sale, we are considering buying an inspection so that buyers can see the inspection report and we will hopefully get more/better offers. So my question is, is it possible that an inspector would tell the things that "need" to be fixed (I know they always find stuff, but I'm talking about the most important stuff) and then give a quote to fix those things? Are house inspectors also contractors or work for contractors? Sorry, i don't really know how it works. Also, if we got the inspection report and then got contractors to fix the big things, would we need to get another inspection, or could we show buyers the receipts or proof that they have been fixed? [link] [comments] |
| Are people flipping homes BLESSING the market? RANT Posted: 07 Nov 2020 08:11 AM PST I saw a local flip where the guy can't be making $50k after all his costs for a 2 year flip. I'd gladly pay $50k than go through all that work. They buy the house with cash. Big risk, and losing opportunity costs ROI. They eat the carrying costs for a year (taxes, utilities, etc). Everyone ignores this "hidden" cost. They add in renovations with cash. They make profit for all this work and risk. They deserve it, and offers a huge convenience to the buyer. For many buyers, the savings to DIY the renovations is totally not worth the massive hassle. Yea, but who is going to pay $50k extra JUST for a paint job? You can get that done in a week for $2k or whatever. No one is that stupid. I am talking a true renov. flip with serious value added to the house. For those, the markup is actually a bargain, considering the massive hassle of a 1-2 year project. [link] [comments] |
| Condo complex top floor unit roof leaking due to construction - what should I make sure gets done? Posted: 07 Nov 2020 08:05 AM PST I live in a condo complex on the top floor and they have been doing roof construction for a while. Today it rained and it started leaking into my unit (and outside my unit in the common enclosed hallway). I want to make sure they handle this properly because I dont want to be dealing with mold/water damage/ property value loss - so what should I make sure the roofing company inspects and takes care of? [link] [comments] |
| Is there a reason to not get an appraisal?? Posted: 07 Nov 2020 07:47 AM PST We are closing on our first home and my broker just told us we were given an appraisal waiver so we don't need to do one. I'm confused why we wouldn't get the house appraised? [link] [comments] |
| Backing out during due diligence period due to neighbor being a chainsmoker? Posted: 06 Nov 2020 03:36 PM PST I'm currently in the due diligence period of my contract on a townhouse in a community that has a row of these attached homes with a first level private outdoor space. This outdoor space is separated by a wooden fence. The two most recent times I went to the house for a walkthrough and the inspection, both times there was a strong smell of cigarette smoke in the outdoor area from the next door neighbor. The first time I didn't think much of it, but it can't be a coincidence twice in a row at different times of the day... He's an old dude that I'm pretty sure just sits out there for most of the day and smokes cigs. This is honestly my biggest concern about the property. It would be a real shame to move in and be in a situation where we cant use the outdoor area because of the cigarette smoke, or even worse, have it eventually creep in through windows or doors. He's smoking outside on his own property so it's well within his right to do so, but Idk if I want to live next to that. Is it reasonable to back out of the deal because of this? [link] [comments] |
| Are there services for independent market analysis of listing? Posted: 07 Nov 2020 07:24 AM PST I'm in a situation where I have an agreement with an agent to purchase with them, however, I am not confident in their ability to do a proper assessment of the purchase price/market analysis (don't do business with family, folks). I'm looking for someone to pay to do a market analysis, like pull comps from the MLS and offer an opinion of a fair offer value. Who can I reach out to for this? [link] [comments] |
| Question about backing out of offer Posted: 07 Nov 2020 07:09 AM PST We saw a house in a hot real estate market in CA and had to submit an offer two days later. We did, the seller countered with a counter offer with a one hour time limit due to their being another active offer. All contingencies were waived. We signed. I immediately regretted it as the whole time pressure and pressure from realtor, pressure from spouse, made it feel wrong. It is now the following morning (we accepted at 5 p.m. yesterday) - is there any way we could back out without having to sacrifice the earnest money deposit (not paid yet, but it is about 50k). [link] [comments] |
| Posted: 06 Nov 2020 02:26 PM PST The last day to close selling my house is Tuesday. When I get my money I am paying for a lot that I've put a $2,000 deposit on. The deposit is good through Thursday or I lose my deposit. My agent just told me to expect to close selling my house on Friday, so I won't have my money on time and will lose my deposit on my land. I told him we need to close Tuesday which is when the contract says we're going to close by. He said, sorry about your luck, we close on Friday. What actions can I take? I really want to say, okay, cancel the sale of my home since they didn't follow contract deadline and fire him. I've have nothing but problems with this guy. Edit: It's his fault we are late. He forgot to tie up a loose end. [link] [comments] |
| How long does it take to receive the clear to close? Posted: 06 Nov 2020 10:48 PM PST I am the seller, and the buyer has completed the appraisal/inspection (this was the last piece the lender was waiting on), the report was received on 11/6. Our contract expires 11/10/20. How long does it take to get the CTC, and do I have to wait x days after receiving the CTC before closing? [link] [comments] |
| How do you know it's a bad flip? Posted: 06 Nov 2020 02:15 PM PST Someone posted, "Are people flipping homes ruining the market? RANT" (I don't know how to link in a post...) And there are a lot of strong and conflicting feelings on the subject. I'm pretty broke and will probably never be able to afford a home; however, if I can somehow change my fate, I really wouldn't know what a bad flip looks like. Theoretically, whatever the flippers did, they would do it in a way that looked legitimate. However, how can an untrained eye spot cover-up jobs? A lot of the posters mentioned painted-over mold. Unless it's a bumpy mess, how would someone looking to buy a home know that the mold was there? If the electrical updates technically pass inspection, what more could someone do? I don't know what cheap wood floors or over-valued countertop upgrades look like. I don't think a lot of home buyers do. Thank you! [link] [comments] |
| You are subscribed to email updates from HomeOwners & Investors. To stop receiving these emails, you may unsubscribe now. | Email delivery powered by Google |
| Google, 1600 Amphitheatre Parkway, Mountain View, CA 94043, United States | |
No comments:
Post a Comment