Advice Topic:
i am looking to see where i start and where i can go from there. i am a first time home buyer. i believe that i have done everything wrong
Just wondering how many open houses are usually done. Our realtors has only done 1 i almost 3 months.
Ok. I'm buying a home and they're talking about the escrow. Then the loan officer is talking about how I need escrow. So is it all the same? Or are these different escrows? And what does that even mean?
How are Mexcian corporations taxed on real estate in the US? What limitations, laws, or restrictions should a Mexican corporation know about owning property in the US?
Is there a minimum age to buy a house? I'm saving and want to buy a house when I'm 18. I would not have a cosigner. I want to own it entirely myself.
My daughter did a counter offer this morning less than listing price. And she decided not to sell now bc she has a baby so can she back out even there’s no contract yet ? Is it seller back out within @3 days after accepted an offer?
Buyer wants to represent themselves on a transaction, is there a form to be signed so that the Listing Agent is covered?
How do I figure out if I can afford a $500,000 house? I'm pre-approved for that, but I don't know if it's really within my monthly budget. I'll put 20% down. How do I determine a manageable budget based on my income and current expenses?
How do I figure out how much I can really spend on a house? I got pre-approved for an amount that seems like way too much money. I can put 20% towards a down payment. And I am afraid that if I spend the pre-approved amount that I won't be able to make my monthly payments. So, how do I figure out home much I can really spend on a house?
I'm looking in an area with a mix of unincorporated and incorporated properties. Literally on the same street there's a mix. I'm wondering if unincorporated has lower taxes and that's a benefit? Or is it better to pay more and be incorporated. Does it even matter? They all feed into the same school. What would the difference be between incorporated and unincorporated property.
I'm trying to get a real estate investment company canceled. They haven't done any work to try to sell the home or spent any money on listing. It alls I have is an agreement on purchase price and a 90-day agreement. I do not want to work with this company. They were not honest and what they were telling me over the phone. They pressured me in signing an agreement to list my home and found out things in the agreement were not as they claim. I have reached out to them several times to terminate with them and they will not respond. Can I terminate them after the 90 days business days are up? I am not interested in working with this company and I will not be forced to work with them and I am not selling them my home. I just don't know where to turn from here.
Hello, I am looking to sell a house that has a newer hvac system that works great but the warranty is voided due to me missing annual maintenance per warranty. Will a lender still consider my home worthy for a buyer. I’m worried and need to sell quickly. Am willing to reduce price
I'm wondering if I can buy a property apart from my spouse. I'd like to get an investment property and I would like to know if I can be the sole owner of it. We do file taxes jointly if that matters.
The home seller has been very skittish throughout the selling process. We've had to jump through a lot of hoops just to keep the process moving because we really want this house. We're days away from closing and we're wondering if the seller can back out AT the closing? Even if we're half way though signing the paperwork and they back out, is that an option?
We're selling our home, what does broom swept mean? We're conscious people and want to provide a clean environment, but I also don't want to go overboard and burden ourselves unnecessarily.
What if a home seller doesn't remove their stuff before closing? We're days away from closing and did a recent walkthrough. It looks like they haven't even begun to pack up and have given signs that they may not...What if we close on the house and all their stuff is there? Or worse, what if we close and they won't move out?
I did a deal 17 years ago and the buyer called me to say that there was asbestos and claims it was there since they bought the home. The home had a home inspector but I do not remember who it was or the lawyer.What do I do in this case? I did not know what to pick for Category.I shridded all my files after 10 years
Are there ways to get a lower interest rate on a mortgage? Or to save money somehow? I've seen posts about this, but I don't know what to do, say, or how to ask the right questions.
Not satisfied with agent and unable to contact at the time to sell the property.voice mail after voicemail and no return calls
If I live in South Carolina and bought a house in Pennsylvania or my daughter pays the mortgage do I have to claim that?
I'm worried the home will appraise for more than what I offered. The seller agreed to the offer and we both seem fine with it. But if the appraisal is more than to the offer will I need to pay more to get the house?
How do I get a home out of foreclosure? How long does it take? What are the steps? Do I need an attorney or real estate agent?
I'm from the HOA and I wanted to make sure that this sale is to a new homeowner. I'm concerned about someone renting out the property. Is there an agent who can find out this information?
I've heard that there's help for first time home buyers. Where can I find first time home buyer help? How do I know if I qualify for it? And if I do qualify, is there any drawback to pursuing this assistance for first time home buyers?
Would it be possible to use a current condominium as collateral to purchase (trade up) to a second condo with the idea of moving from the first one to the second condo? The reason I ask is because I would like to move to Springfield, IL, but may have to settle for the Champaign-Urbana area if nothing materializes in Springfield over a specific time-frame. If I bought a property in Champaign, I would look to transition to Springfield as soon as a desirable property was available. Thanks for your time.
Wondering both for myself and aging parent. I am hesitant to ask my parent about it or they'll think I'm wishing this on them. But I'm also wondering what will happen? Or is there something we should talk about to prepare? I know it's a tough topic, but it's also a reality.
We've wanted to buy a second home with the hope of renting it, but financially that is out of reach right now. So, we're considering buying land and just waiting to build until we have the finances to do so. I know it wouldn't give us an income like a rental, but it's also something we can afford and would hopefully gain value over time. Worst case, we would sell it in the future. So, is land a good investment?
Rent to own. 74 yr old retired senior needs a place to live. first time home buyer. Any part of town is good.
Can you explain what Trump's housing ideas mean? Will this affect my home value? Or will it make it cheaper to buy a new home? Who does this affect? And how? Can you explain it in basic terms? TY.
Two of the bedrooms we counted have cement floors in one room is no walls or ceiling just the boards. How do I know if those count towards square footage and therefore my payment.
We bought a house and moved into Jan 3. That night the furnace went out. It was high efficiency furnace in attic. Condensation and freezing caused to stop. Roof also needs replaced sooner than we were led to believe. Had 4 HVAC pros say to replace it. Shouldn’t our realtor made us completely aware of the problems?
My dad unexpectedly passed away. He was behind on his mortgage and all of his bills. Am I expected to come up with the money to pay all of this? I don't have the money to pay for everything he owes. What do I do?
My partner and I own a house together. However, I paid the entire downpayment. We're splitting up and my partner is insisting that we split the proceeds 50/50. But I should get a bigger percentage of the sale, since I paid the downpayment. What are my options for getting my fair share? If my partner refuses, do I need to hire a lawyer?
We're selling our house. Can we ask that the inside of our house not be photographed? We're private people and don't want photos of our house or our kids rooms floating around or put on social media. We have professional listing photos, and would prefer that any potential buyer refer to those. We could even compromise and allow personal photos after an offer is put in. However, we don't want casual buyers coming through our house and taking photos and videos of it. It makes us uncomfortable. How do we navigate this?
The state wants to buy my house, but I don't want to move. Do I have to sell it to them? I also think I could get more for my house than what the state is offering me. Do I use a real estate agent to negotiate for me? Or do I get a lawyer? It doesn't seem right that they can just take my house and lowball me.
My home insurance went up $300/month. It’s so unexpected and out of my budget. Now I can’t afford my house payments. What are my options? I really don’t want to sell, but am I forced to since I can’t afford this?
Our home appraised $10K lower than the offer. We'd like to get a second appraisal or push back. Our real estate agent says we should just accept the lower price. The appraiser isn't from this area and we feel like they didn't fairly appraise the house. What are our options? Can we contest the appraisal?
Do I need a mortgage preapproval before I find an agent? I have a general idea of budget, so can I start looking at homes while I work on preapproval? Or will an agent not want to work with me if I'm not preapproved?
I'm considering selling my house. I'm not in a rush and wondering the best way to go about it. As a seller, are there any benefits for me if I do a rent to own agreement? I understand how that's good for the renter/buyer. But as the landlord/seller, is there any benefit for me?
I sold my house and I'm renting it back for 4 months. It worked best for both the buyer and myself to have this agreement. Since I'm renting, who is responsible for paying for the maintenance of the house? The dishwasher recently stopped working correctly. I'd like to call a professional to fix it. I think it's the responsibility of the new buyer to pay for the fix, but the buyer is refusing and says it's on me.
I want to purchase a property that was recently in a kitchen fire how do I purchase and get money for rehab ?
I'm starting my house search and I'm a first time buyer. The agent I'm talking to wants me to sign a contract stating that I'll only use him until I find a home to purchase. I totally understand exclusivity, but I also don't want to be locked into this agent if after a month we don't vibe. What's normal for these buyer contracts?
House needs remodeling so I can get top dollar or I will lose hundreds of thousands sell as is for 500,000 remodeled its worth close to 1 million
Can a room be considered a "bedroom" if it's a throughway to another bedroom? (Example, bedroom "A" has 1 door and windows. However that rooms only door exits into a "secondary" bedroom/ Bedroom B. So Bedroom B has 2 doors, one to enter Bedroom A & one door to get into a mudroom, then living room and kitchen. ) Picture the floor plan as a squared U almost lol. It works, but not well at times lol. Thanks you and Happy Holidays everyone
I want to sell my house. I talked to an agent that has only helped people buy houses, but he wants to help me sell my house. I'm wondering if he lacks experience or training and if he's qualified to sell since he hasn't done it before.
Should I take my house off the market for the holidays and then relist in January? Or is it better to just leave it on. I don't want to deal with showings during the holidays and I think it will be slow anyway. If I take the house off the market and relist does that look bad? Or is it bad if I leave the house on the market and it sits for days and days? Then it seems like the listing is dead
We found a plot of land that we like. We can cover most of the cost, but have about $20K that we need to finance. Instead of going through the bank and a mortgage, we're thinking of simply putting it on a credit card that we'll try to aggressively pay off. There's options for low interest cards for the first year, and that may benefit us. Is this even possible though?
Can I bring my dog to a showing? I'm spending hours seeing houses, and can't be away from my dog for that long. It's so hard to find a home and I want to start taking my dog with me. Maybe my dog will help lead me to a good home and I'd like to start taking him with me to the houses.
Can I modify an offer contract after the inspection period? We put an offer on a house, had the inspection and negotiated a new offer contract based on the inspection. We didn't want to lose the house and so we didn't ask for the seller to do much to fix the issues. Since then we've gone back to the house and some of the issues that came up in the inspection feel bigger than we initially thought. We don't want to walk away from the house, but we're wondering if we can go back to the seller and ask them for repairs or money for these repairs.
Is a loan from a seller a bad idea? The seller is offering a loan as part of the deal. The interest rate is below what I could get from a bank, but I'm worried about a shady deal.