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    Saturday, May 15, 2021

    Home Unlabelled Real Estate: FOMO purchased house, over paid, bad location and terrifed to close -massive remorse. But i can exit for 60k loss....what to do

    Real Estate: FOMO purchased house, over paid, bad location and terrifed to close -massive remorse. But i can exit for 60k loss....what to do

    May 15, 2021

    Real Estate: FOMO purchased house, over paid, bad location and terrifed to close -massive remorse. But i can exit for 60k loss....what to do

    FOMO purchased house, over paid, bad location and terrifed to close -massive remorse. But i can exit for 60k loss....what to do

    Posted: 15 May 2021 05:12 AM PDT

    Updated to note its Ontario

    Hey everyone i bought a house (In Ontario) in March gor 535k havent closed yet) , had a bad realtor and as a result way overpaid, and was not informed about the area, its a terrible neighborhood (really run down, 52% unemployment, lots of crime) in a city i didnt know but my realtor was supposed to at least recommend checking the neighborhood out. We saw the house at night

    Background, im a fthb with zero experience or knowledge in houses and overly trusted the realtors advice. Mistakes.

    So im about to close on the house end of June and i am absolutely terrified. I hate the situation and housw already as i know i paid too much (houses on the street bigger and similar conditions selling for 100k less as market started to soften). I have felt panic and fear and gone into a deep depression ever since i signed the firm offer, did a drive by and realized what i had done. I cant stop thinking about it.

    Im terrified of a market correction and being stuck in this place in a underwater mtg in 5 years. This is my speculation of course, but i just cant see this city yet a lone the bad area recover. There is nothing there to keep people, no craft breweries, no idustry for jobs. Ita an old steel town that all closed down and left , and everyone is put of work since 2008 on govt support. Houses in this area were sti 150k in 2019... so way over valued.

    So most of my terror is a result from the thought and firm belief the market will correct (i bought at peak and paid much more for it than peak price) and the house will never appreciate to the value. In addition everyone i met who knows the area told me to get security as its seedy.

    So i was just offered 500k for my house .. which is the value according to other realtors at this moment. 35 K less. I have to decide to take it and lose what will come to 60kish after fees to get out or stick it out.

    I have this insane gut feeling telling me something. Its massive buyers remorse and my flight response has kicked in. I can 'afford ' the 60k as in i had a 120dp (all my savings) so i dont know if i should cut and run becauae i just in my head believe ill never recover the full value of the house and dont want to live in that area and would at least remove the panic /fear/obsession i feel daily (checking for sold listings on zolo, looking at market to see if it crashed yet). Plus with my luck it will have a structural issue that will rear its head the year i take ownership. Its my luck. Or I can close and hope i get over the remorse? Its a 60k now for 'relief' but guaranteed loss, or potential loss if i close..and even worse bankruptcy of the market tumbles and it underwater (Canada we dont have the same foreclosure walk away scenario- full recourse).

    EVERYONE is saying id be crazy to throw away that kind of money on basically a paper transaction. I recognize i wont likely be able to buy ever again, and tbh I am okay with that. After i bought..i immediately thought "why did i buy a house I didn't really need or want to- i like the flexibility of life".

    I fear this is the most ill get for this house ever. I dont know what to do. I just want to ru n maybe theres a reason everyone is saying not to bail and to ride it out. (Mind you none know the area and have benefitted from ownership when it was cheap(er).) I just don't know what to do.

    The kicker its only a 2 bdrn and 1 bath with too short of a basement to refinish. I now understand how FOMO and bidding wars fogg judgment (yes my fault but im convinced the chemical changes happen in the brain to.alter thoughts).

    I just dont see this house getting any more than 500k offer, especially since its peak now.

    Should i take it? Has anyone had similar thoughts/fear and experience? Im sick to my stomach daily and everyone says its normal.

    submitted by /u/Scubaddicted
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    Closed on a house today!!

    Posted: 14 May 2021 02:59 PM PDT

    I know many people have been struggling to find housing in their price ranges that fit their needs, but don't give up hope. You're going to find the right place that you will love to call home!

    My wife and I closed on our new home today! After losing multiple bids on other homes and being offered the 1st backup position, going under contract only to find severe mold issues and backing out, and seeing homes that would have been great snapped up before we could even see them, we finally found, won the bid, and closed on a house that will be perfect for us and 4 kids once we finished with updates and renovations. It's a great feeling that we can now start renovations to make it ours!

    For those still struggling in the market, keep up the good fight, and I know you'll find the right place!

    submitted by /u/blaze13541
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    Listen to the landlords/investors/buyers if you are a FTHB for a SFH!

    Posted: 15 May 2021 07:49 AM PDT

    I can be wrong, but I do not want a FTHB for a SFH to lose out on their dream home from the generally plethora of horrible advice I've seen to potentially save an extra $100/month.

    Do not listen to the complainers. You are taking their advice on how to acquire a home from people that do not even have a home to begin with (lol?). Furthermore, from someone with a negative mindset unlike the positive inquisitive mindset you may be having. You are taking advice from people that are hypocritical and lack critical thinking https://www.reddit.com/r/RealEstate/comments/ncqf8j/a_wapo_story_about_desperate_landlords/gy7o4d9/ or https://www.reddit.com/r/REBubble where those that could not foresee this "bubble" are now geniuses about it and can time the end.

    Most of the reasons stated by these complainers are the exact reasons why prices not go down.

    1. They are on the sidelines waiting and telling you to wait 1 year, which creates more demand at a lower price. Lets say price drops $50K. Great job, you just wasted $20K on rent and now competing against more buyers at a more "attractive" price point to save $30K over 30 years.

    2. Mortgage rates go up, prices go down. But monthly payment stays the same. If it truly is your dream home for your family and kids to grow up in, if you can afford it now, why are you trying to time the market?

    3. This will not be 2008. Lenders are loaning only to those that can afford it. There will not be massive foreclosures.

    4. This is not the stock market. In stocks prices go down more because people sell what they bought high at a loss creating a cascading effect (ie. panic selling). That is not going to happen with houses.

    5. Eviction moratorium gets lifted and more supply. Have you been to a house that has renters not paying right now? Because those houses are trashed even in great neighborhoods! House might be cheaper, but fixing it won't be. So if you cannot fix it yourself, you will be competing with investors who can get better pricing with contractors than you will be able to.

    Most Important: Location! Location! Location! You will definitely regret overpaying for a home in a bad neighborhood, poor school rating, long commute, etc. You will NOT regret overpaying for a home in great neighborhood, great school rating, short commute, etc.

    submitted by /u/ourtimenow
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    Request for Advice on how to “Request for Repairs”

    Posted: 15 May 2021 08:34 AM PDT

    Request for repairs:

    1. Roof at end of life
    2. lacks ventilation

    3. chimney not to code (below addition roofline)

    4. Radon reading at 4.2 pCi/L (above safe levels)

    5. Basement leak/evidence of previous moisture damage through basement walls

    6. Sump pump - discharging into sewer line, which is not permitted in my city

    I am looking for a good template/example of a repair request form. Does anyone happen to have an example that shows how to format the repairs, estimates, and total repair/credit amount?

    My realtor's repair request form is one page with 2 empty boxes. The first box is for my list of repair requests. The 2nd box is for the sellers response. The form just looks like bush league to me, so I'm hoping to better understand how these repair requests generally work.

    The general inspection occurred on Thursday and I got a roofing estimate ($6,700) done that evening, so I will include that roof inspection/estimate along with the specific parts of the general inspection that highlight the 4 issues I listed above.

    Is there anything I'm missing? Based on the couple of conversations with my realtor over the last 48 hours, I think they want to minimize our requests to get the deal done, rather than getting these fixes implemented or credited against the sales price.

    submitted by /u/ABCDR
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    HO3 requested but believe HO6 is the right policy

    Posted: 15 May 2021 08:06 AM PDT

    Lender is requesting an HO3 policy, but the HOA policy covers the exterior and the president says an HO6 is fine. HO3 is repetitive as HOA is responsible for exterior of units.

    Can I switch to an HO6 after the loan is approved of is the fraud?

    submitted by /u/ElectrikDonuts
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    Closed on a home as a first time home buyer today after 1.5 mths!! Some things I learned -

    Posted: 14 May 2021 04:23 PM PDT

    I'm only sharing from my experience and what worked for me and what did not, hopefully this might help some of you guys out there! I totally understand if some might not agree, or had another experience that was different.

    For context: this is in a HCOL area and I won against 14 other bids

    ​

    1. Don't use a redfin agent: they're helpful and great but are not aggressive or knowledgeable enough to help win in this crazy market. In a normal market I think it would've sufficed to just be fairly knowledgeable, but in this market when staying on just 1 month longer would price you out of the market, we really needed one who excels at closing without paying 20% over what your agent tells you already is a competitive offer
    2. Use an agent who is aggressive enough to help you close: I had another agent who was nice, great and experienced. But she wasn't aggressive enough and while she was helpful, we could not win. With my new agent and comparing them, I attribute us winning 200% to our new agent being much more aggressive. That means calling the listing agent to understand what they're expecting, calling if there's a pre-emptive offer etc. I will not divulge too much but without a shadow of doubt I would not have won if not for an agent who is actively pursuing and engaged with the listing agent and doing everything she can do get us any sort of intel or advantage.
    3. Pay the amount you think is too much: I realize now that what I think is a fair amount of over-listing is also what every other buyer is thinking. You have to put enough distance between what the current market's competitive bid is and slap on extra $$$ above that to set a new standard in order to win. We did that and only won by a thin margin even when we paid $50K above what was considered a competitive offer. With prices rising after each transaction, I could not afford to stay on this market any longer. While it felt wrong and like I was over-paying based on today's market, I now realize that was exactly what we needed to do to win.

    ​

    This was our 5th offer in 1.5 months. I know many people expect to stay in the market longer but I just wanted to share that if you use an extremely strong agent, are able to go the extra mile and employ the right strategies to pull out every advantage you can possibly have, you CAN close fast. Above all else, use an agent who can win. That is probably the most important factor why we won.

    GOOD LUCK to all of you out there!! I know it's insanely hard. Hopefully that helps.

    Edit on #3 example: In Jan I thought $1.3m was insane In Feb, another place sold for $1.5m that was smaller and now the $1.3m looks like a good deal. Later on, I lost on another for $1.4m and the winning bid was $1.5m. In a few weeks based on the going rate again, $1.5m again looks again like a fair price.

    Edit on #3 again: It seems like people kind of misconstrue what I meant. I'm going to use the place I bought as an example. At the point of transaction, I thought I had to win by paying $50K more than what I thought it's worth. At that point, it seemed like I am "paying more than what I think it's worth" because it was higher than comps THEN. Well, 1 day after my offer was accepted, one of the places we were using as comps closed and everyone's surprise, it closed for only $60K less than mine even though it is WAY inferior. Location is worse, bathrooms and kitchens both are old, have a huge backyard to maintain (high costs). I had thought $50K more extra was over, because nobody could find out THEN how much that sold for. It was a rough ballpark. But now that that had closed, with no doubt paying JUST $60K more for a renovated bathroom, kitchen, newer house and much better location is a DEAL. My agent pegged that place to be $150-$200K lower than the place I bought. Had that information been out there earlier, the winning bid would've been much higher.

    What I'm trying to explain is: if you pay more than what you think it's worth AT THE POINT IN TIME, it will very quickly look like a great deal on hindsight. And for me, it was only 2 days. If I had just stuck to what I thought was "a reasonable price", I'd be losing and only be 1 step behind, and then wishing I can go back to pay those prices I thought were "unreasonable" then. Ie $60K extra being HELLA reasonable now on hindsight

    submitted by /u/zypet500
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    Closing in less than a week

    Posted: 15 May 2021 08:22 AM PDT

    I've been planning to move out of my house for about a year now - location kind of sucks, it isn't family friendly, school system is subpar. I've lived here for 10 years, and it was time to move on.

    Things the initial seller agent said to do last year took a little longer than anticipated due to slow contractors, but turns out those repairs ended up not helping (or hurting) with the sale of my house. My original plan was to sell last fall, but repairs went into November, and I didn't want to deal with buying and selling in the middle of winter - plus I had furnace issues that I ended up having to fix, which surely would've sucked to have happen while under contract as it took 3 weeks to resolve.

    My fiancé left me during this process, so the initial budget I had in mind was slashed by 1/3rd immediately, which lowered my buying options.

    Turns out, there's only 5 houses available in my price range.

    1. had massive water stains on the ceiling near the light fixtures, needed a new furnace, basement leaked, snap flooring all over, with one room sounding like you're walking on bubble wrap. It also needed a new furnace. It was a foreclosure so any negotiations were likely off the table.

    2. House was at the upper end up my budget, had leased tenants. Instantly passed.

    3. House was more inline with my budget, but had been completely gutted. Hard pass.

    4. House was in my new budget range, but had tenants that refused to pay and refused to move.

    5. FSBO property. My buying agent first said the house wasn't available. After a week of looking, no other properties popped up, my house was now on the market with an offer. Spoke to buying agent again and was able to get a viewing of the property.

    Now, I have to sell my house to be able to buy a new one, so the FSBO felt like this could be a possibility to work out well. And my house has to sell above a certain price.

    So I look at the house, owner is there to let us in. I arrived early and was able to ask some questions. All seemed well, though the only 2 drawbacks were electric heat and a tiny dining area. Fortunately there's an alternative heat source hookup, so not the end of the world. Found a solution to the dining area, and all is well.

    I tell my agent I want to make an offer. Agent suggests based on comps, I offer $15k less than asking.

    Sellers turn that down. Found out the lowest they would take, which was basically the halfway mark. I didn't think $7500 was enough to walk away, so I put my offer in there and accepted, with the stipulation my house sells. They agreed.

    Now the offer on my house was $20k less than asking. It was listed for 5 days and had 3 buyers view it. The only offer. Cash buyer.

    I accept knowing how much of a pain this house is to work on or get people to work on it. They schedule their inspection and that's when the anxiety starts.

    Foundation issues, rot, and external building structural issues were discovered, as well as a few more issues. My heart sank. This came in on a Friday afternoon, so I knew I wouldn't get an answer until at least Monday. Anxiety spiked high.

    That Sunday, a reduced offer came back, totaling $50k off list price. That still left me with $100k in equity, so I accepted. They submitted their estimated repair costs and it was just over $100k.

    Buyer originally had a mid June closing date, but agreed to move it up.

    The house I purchased, I'll be paying 20% down, 2.9% interest, and my mortgage escrow is $40 difference from what I'm currently paying. The appraisal came back at exactly what the house was listed for, so now it's just waiting for the closing.

    Here's to sleeping on a futon mattress on the floor and eating take out for the next week.

    submitted by /u/redthrowaway92
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    Free WordPress website for real estate brokers

    Posted: 15 May 2021 10:10 AM PDT

    I will setup a full WordPress website for free. Any website you need can be a personal blog, photography portfolio, company website), I will make for you.

    If you've ever wanted a running website but didn't know where to start, I'll guide you through the whole process. We'll hop on a call together and within 24-48 hours, I'll get your entire website up and running! Please like and comment if interested... I'm a student and I wish to build my portfolio of websites I've designed (2 websites so far, not much but I'm hoping to increase it😅). https://www.chrisgareth.com https://www.dragonfyreav.com

    Also, it's free of charge, I don't change you for anything. Please upvote and comment if interested. Thanks and stay safe✌️

    submitted by /u/okezie_udegbunam
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    First Time Home Buyer, Buying Solo. What Can I Afford (If anything)?

    Posted: 15 May 2021 07:50 AM PDT

    Hey guys I'm trying to buy a house and I'm trying to figure out what I could actually safely afford. I've been pre-approved for 200k and 300k from two different local places.

    I have ~68k in cash and ~29k in retirement accounts, ~2k in crypto. No debt. My "total income" from 1040 in 2019 was 44.4k (37.6 agi), and 50k (42.3 agi) in 2020 and should be slightly more this year. I'm planning to put 10% down and maybe bump it up a little if needed. The reason I want to buy a house over renting is because I want to get into buying and selling cars so I would need my own property. Thanks for any comments.

    submitted by /u/Soamasa
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    Need Help from Realtors or Loan Officers

    Posted: 15 May 2021 07:35 AM PDT

    🛑LOOKING FOR ADVICE FROM REALTORS🛑

    I am in a bit of a situation and I need some professional advice. I will try to make the explanation as short and simple as possible.

    I am a first time home buyer and I live in NJ. I got a new job in Louisiana a few months ago and started the job in April. I have been living in between both states, since my kids are still in school and my husband wants them to finish up the school year. They are very small...ages 3, 4 and 9. I have been living out of a hotel in LA. I work there for 2 weeks and then fly back home to NJ. Then the cycle repeats itself.

    Here is the story. I am going to break it down so that it's easy to follow. And I need some professional help please!

    ⚫️We have been working with a LA realtor for the past 2 months to help us find a house in Louisiana. I did NOT sign an exclusive representation form with him. We just hit it off and became friendly so I got the process started with him. He spent a lot of time showing us houses by FaceTime since we were in NJ and not able to do in-person showings. After a while of spending his time showing us houses, he grew frustrated with us bc we didn't like any of the homes and wouldn't make a "decision" fast enough for him. Truth is we don't live there! So it was hard to judge things only through virtual tours. Regardless, we think that we finally found a house that accommodated our needs and he put in an offer on it in April. It was accepted. I started going under contract on it and moving forward with the lender. Lender tells me the house is good and I pay for the inspection and the appraisal on it. I ended up having to place the contract "on hold" for a week bc my father suffered from an aneurysm and I wasn't even sure if he was going to survive. I couldn't just leave my mom and move to LA if he had not made it. He was in a ventilator for a month and the surgery went well, so I reinstated the contract and we kept it moving. I was told that the house would close on May 21, and I got my hotel reservations extended until that date so I would have a place to live in Louisiana.

    ⚫️Yesterday, I find out from the mortgage processor who works with the loan officer that I am not going to qualify for this house. She said that because I am a nurse, they are only going by my "flat or base rate" and are NOT able to include the shift differential that I receive for the every other weekend requirement that we have. I am required to work every other weeken- every RN in a hospital is - and they pay you a higher rate for those weekend hours. However, this lender said they won't include that in my debt to income ratio. So, I am at 54% and my debt to income ratio for this house needs to be at or under 50%. They tell me this AFTER I get this contract reinstated??? So now, with us supposed to be closing in two weeks, he tells me that the house can't work and I need to start looking for something 15k cheaper. Then submit a new purchase contract and go through the inspection and appraisal for it all over again. This LA realtor FLIPPED out on me because we had canceled the contract once and with the back and forth of it, pissed him off. The realtor gets in touch with his lender friend and I start the mortgage application with this dude now.

    ⚫️In the meantime, I start looking desperately for a new realtor. Obviously, I don't want to work with this original realtor bc he was so nasty and rude to me, cursing me off for something out of my control. I am not the lender and it's not my fault he said this house isn't going to work Now! Obviously I am mad too! But I need to find a house to live in. I met a wonderful woman who was willing to help me and my family and she has been showing us houses day and night. I would really love to go through her to find a home. Long story short, the original LA realtors lender friend calls me yesterday and says he CAN get me approved for this house with a higher interest rate but the only problem is that we wouldn't be able to close on it until the middle of June. So I would need to keep finding a place to stay until that time.

    ⚫️Here's the bottom line: I feel obligated now at this point to take this original house that we initially went under contract with that rude LA realtor. Because he pushed me through with his lender friend, the house "is" essentially approved and I will be able to obtain the financing for it. That is what this new lender told me yesterday. At this point, my husband and I DONT want this house. It has been nothing but bad karma and I don't like the higher mortgage payment per month. Honestly I really don't want this house but I think I have no choice now with it since that jerk of a realtor found us a new lender (his friend)? I have not signed anything with this lender guy, he just told me that things will probably work out for this house when he called me.

    ⚫️I am still working with this other wonderful lady realtor who I have not told her of this situation bc I honestly didn't think we would be able to get that other house and I quickly panicked because I felt like we lost that house and now had nowhere to live and I did NOT want that nasty original realtor to find us another house to get. He doesn't care about our family needs at all - just wants to push the deal through- doesn't care if it is a good neighborhood for the kids, etc. HE IS SO PUSHY!!!! And this lady is kind and sweet and nothing of that sort so I trust that she will put us in a much better place for our family since we don't know anything about the area no less the state! So we really need someone who will have our best interests at heart ❤️.

    THANK YOU to anyone who has read this to the end! Are we stuck with this house and new lender?

    submitted by /u/Capable_Carrot_8541
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    VA loan in this market

    Posted: 15 May 2021 09:32 AM PDT

    Anyone else getting screwed because of the VA contingencies? Specifically the appraisal escape clause?

    submitted by /u/Ok-Marzipan3205
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    HOA costs higher in bigger buildings?

    Posted: 15 May 2021 09:26 AM PDT

    This is a pattern I noticed in the chicagoland area - it seems the bigger the building the more expensive the HOA. High rises are all at least $400/mo. The smaller to mid rises are between $200-$400. That seems counterintuitive since youd think more people in less space would be more cost efficient. Any ideas?

    submitted by /u/TixSwo
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    Heloc after just one year buying house

    Posted: 15 May 2021 05:07 AM PDT

    Hello Seniors, I bought my 1st home almost an year ago. Due to hot real estate market the equity went up good amount. Someone told me to get HELOC now so if the rates correct after an year or two I will still have this credit line available. Do the banks decrease the credit line if the market cools down?

    submitted by /u/jamesbondc
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    A WaPo story about desperate landlords

    Posted: 14 May 2021 09:07 PM PDT

    I thought y'all might enjoy this story about an immigrant landlord forced to desperate circumstances due to the eviction moratorium.

    submitted by /u/countofmoldycrisco
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    Misrepresented square footage

    Posted: 15 May 2021 08:33 AM PDT

    We recently had an offer accepted. We just completed the inspection which came back pretty favorably but with some small issues. However, we noticed that the public record listed the house at about 150 square feet lower than what is listed on MLS and Zillow, which notably puts it just under a benchmark size (I.e., over under the next thousand SF). We took a laser tape measurer to the inspection and confirmed that it is the lower amount. We still like the house but would have bought it for less based on square footage which was the benchmark we had been using to help us evaluate house value in this crazy market- basically, we want them to sell it to us now for a lower price. While we hope and plan to live here for ten years, if the unexpected happens and we needed to sell, we would of course list it with the correct square footage and don't want to risk being underwater. We will be raising this issue to the seller, but wonder what to do in the event the seller refuses to lower the price and goes to the next offer (there were multiple offers) without addressing the discrepancy. This must be unethical and a rules violation of some kind- other than walking away, do we have any recourse? Older cached listings, that include an addition, are listed at the correct SF so it seems intentional.

    submitted by /u/wallydangle
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    Does anyone think inventory will increase late spring into summer?

    Posted: 14 May 2021 06:58 PM PDT

    Usually this is the time of year where we see an increase of listings. Given the current circumstances and low inventory, do you think anything will change in the coming weeks or stay relatively the same? I've seen more activity (traffic, outdoor AND indoor dining, the reopening of music venues, etc). It looks like people are motivated to resume a normal life again... do you think that will have any impact on real estate?

    submitted by /u/WhoAmI0001
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    [OH] buyer agent contract?

    Posted: 15 May 2021 08:20 AM PDT

    Do most Ohio buyer agents have clients sign a contract about representing them? I've just realized I really rarely see these. Shouldn't a client want one? It affirms the buyer agent is their fiduciary?

    submitted by /u/cristiano-potato
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    Wanting to make a simple home purchase

    Posted: 15 May 2021 01:10 AM PDT

    I read and read on here and I just get more upset and confused but do I have this right . We are just wanting a modest home don't really care about area too much carpet is okay old appliances fine just can't have too many cracks in foundation, with room for 2 adults and several indoor pets. Which is why we can't keep renting.

    I don't need to be in a hot area and the home doesn't need all the latest bells and whistles. I have found some appropriate homes on Zillow and have been sending them messages through the site but is this the best way to do it or do I need to hire a realtor? Aren't picky need 2/2 (MUST HAVE my housemate needs his own bath). And does someone just call you back on Zillow to view the home you sent a message about? Then when I get there I can say okay I would like to extend an offer then I can talk to my bank? Or how does it work?

    submitted by /u/New2reddit68
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    Passive Sellers Agent Rant

    Posted: 15 May 2021 10:15 AM PDT

    This is just me letting off some steam. We have an awesome property going on the market in less than a week in a super hot market (East Nashville - should be a sellers agent's dream) and our agent had said she was going to manage everything for repairs and staging and prep and but guess who has had to coordinate everything and make all the decisions? Me!

    I have asked for specific lists and schedules of what needs to be done when and I have gotten nothing. Just notes like "paint the door a darker color" okay, what color? "Oh I don't know, you decide" and "do some landscaping" okay, what are you thinking for that? "Just something to make it look nicer". I have communicated that I am frustrated with the fact that I have had to manage all the work and make all the creative decisions even though she is the expert in her field so now she only calls and texts my fiancé instead of me. He's out of town doing some very intensive training and we can't play whisper down the lane because she's afraid I'll tell her she's not pulling her weight.

    I have an insanely time-intensive job and am behind at work because I have to spend my time coordinating schedules and making decisions on light fixtures. Doing this would normally be fine, but we specifically hired her because she said she would handle all the prep. That being said, she is still better than many other realtors we've had in the past because the bar is so so so low. Just super irritated that we are going to spend all this money on commissions and she has not fulfilled what she had said she was going to.

    submitted by /u/NicklePhilip
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    Listing house- replace dishwasher or offer credit

    Posted: 15 May 2021 10:01 AM PDT

    Getting ready to list. The dishwasher needs to be replaced and I'm not sure if I should:

    a.) replace now b.) offer credit now $500 c.) wait until inspection

    Dishwasher still runs and cleans. The spinner thing at the top fell off (but still shoots out water) and the control panel cover popped off but I can rig it back on. Also, the drain tube under the sink was clear originally but now looks nasty and dirty.

    I have a very specific matching set of kitchen appliances and the model is no longer made. The dishwasher that would look best would be a $1,300 bosch, but obviously I'm not going to do that as I'm selling. The current dishwasher looks fine at first glance and won't detract from the listing photos, but the drain tube looks nasty.

    I could get a cheap $400-600 dishwasher and have it installed. It might not look the best (handles wouldn't really match or coordinate with other nearby appliances), but the drain tube would be replaced and look fine. Or I could offer a credit. Or just wait and see what happens during inspection.

    I know people say, you could leave a pile of crap on the floor and buyers would still line up. But, I'm trying to eek out every last dollar possible and I will be competing with other listings that may have newer appliances.

    submitted by /u/Wild-Heron
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    Wackiest seller DIY you've seen?

    Posted: 14 May 2021 03:23 PM PDT

    I am interested to hear about the funniest DIY or makeshift repairs you've seen over the course of your home hunting journeys.

    Mine was in an attached rowhouse I viewed about a month ago: a middle room with no windows was being used as a bedroom and had a window AC unit stuck through interior wall between the room and the hallway. Needless to say that had not been pictured on the listing.

    submitted by /u/melosaur
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    (WA) Property Line Confusion

    Posted: 15 May 2021 08:03 AM PDT

    We are first time homebuyers and found a property we love. We are confused about property lines because we are concerned about the situation with this property but no one else seems to be. Are we overthinking this?

    A little background:

    • This house sits partially off its property line. Evidently the road was supposed to be built closer to the house than it ultimately was. This is not uncommon in this county - upon review there's at least 6 other houses within a mile like this.
    • The neighbors technically own a weird shape of property in front of the house.
    • The front yard and the driveway of the house we want technically sit on both county/unclaimed property and the neighbor's property.
    • This building is 100 years old with a lot of work done to renovate. We have images through the years and it has always had the same yard/driveway situation.

    Is this common? Are we right to be concerned? Any advice on how to proceed?

    Image of property lines. Dark purple is the official property. Light purple is additional land the property is on. Blue is the neighbor. Green and white areas are county/unclaimed

    submitted by /u/thesonofdarwin
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    Red flags, bad realtor or seller is hiding something?

    Posted: 14 May 2021 05:38 PM PDT

    Hi, sorry if this is the wrong place for this question but I don't know where to ask. We are the buyer and have an accepted offer for the house we love. We waved the inspection and we understand issues may come up, but my husband is a contractor and feels confident in what he was able to see while we were there.

    We have asked our realtor if we can see the house again and she first pushed it off saying she is out of town for a few weeks and maybe at the end of the month. Then, two days later, (the day our appraisal passed) my husband asked again and she said we could set something up for this weekend, but remember we waved inspection and we can't dig around. This afternoon she canceled our showing this weekend and said the seller is refusing to let us see it until the closing walk through. She said they are jumpy because their first offer fell through (we knew this and know they feel through immediately and did not have an inspection or appraisal). She said "I'm representing the seller so I have to do what they want." She also asked us to move up closing for the third time.

    Side note: our realtor is the seller's sister, but NOT the listing agent.

    Should we be concerned they're hiding something or is this normal? We just wanted measure some things and look at it again, it's a $325k purchase... We didn't have any intention of backing out. But with her wishy-washiness on showing it and continuously moving up the closing date, our alarm bells are ringing.

    Is this normal or should we be concerned?

    Thank you!

    submitted by /u/whattheponytail
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    HGTV is starting to get real

    Posted: 14 May 2021 12:21 PM PDT

    The new season of Flip or Flop especially (3 episodes in now) is already showing some of the INSANE returns they are making. House Hunters also is mentioning how "hot" the market is. Grab your popcorn and your blankets, the best channel on TV just got even more interesting!

    submitted by /u/AuthenticSkeptic2
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