We're looking at a home in VA listed as 5bd. One of those bedrooms is in the basement. The window egress is large and low to the floor thus meets building code requirements. The window well up to grade is at least 8' high with a 42" safety railing around the window well. There is no ladder out of the well and doesn't appear one ever existed. Home was built in 2000 and from what I've found the 2000 IRC code states this window well should have a ladder. Is there legal issues for the seller to be listing this property as 5bd?

Obviously if we go under contract, we run the risk of being appraised as only a 4bd. If/when we sell this in the future, we'd be on the hook to bring it up to code to list it as 5bd.

Can we negotiate with current owners during inspection to bring it up to code? Or seller credits for us to do it?

I think this was even pre-pandemic. It's just that everything about these places would have suggested to me they'd be around the same price range as middle America -- pretty unremarkable, kind of shitty weather for at least half the year -- but yet they seem to be significantly more expensive. Specifically Colorado, Utah, Nevada, Arizona, New Mexico. Definitely not bad at all, but pretty "meh" sort of places, no? Yet they're priced like they're a second-tier version of LA/NYC. Why did this happen?

I've lived in my house for the last 14 years, and when I first moved in, I met my name David. David was renting from an old lady and had a rent to own agreement in place with her.

Sometime ~10 years ago, the old lady sold the house to Jason, but Jason allowed David to continue a rent to own agreement of some kind (I think).

4 years ago, Jason converted ownership of the home to an LLC.

3 years ago, Jason's LLC sold the home to David as "Unusable" (according to our county's public property records), despite David continually occupying the house for >15 years with his family

As part of the sale, Jason (presumably) never notified the HOA that there was a closure, so David is not registered as the homeowner in the HOA (and can't do things like use amenities or PAY his assessments, and because of this, he's $3000 in arrears and his home is now in the collections process (rather, the HOA is demanding payment from Jason).

Just trying to figure out what and/or why this sale would have happened this way and how it avoided the HOA closure process?

I am under contract to buy a beautiful brick ranch. The owner is selling because her husband passed away and it’s too much house and yard for her. On the inside, EVERYTHING has been done. Renovated kitchen and bathrooms, hardwood floors refinished, new windows throughout, and a new roof. The inspector sent his report and recommended a structural engineer take a look. He said it was obvious that some work had been done to level the floors but there were cracks in the brick exterior and in one corner of the crawlspace as well. Owner said that the work was done prior to her owning. We got the news late Friday. I spent an hour or so trying to get someone to come out next week to take a look. I was not successful because everyone was closing for the day or had no availability this week. The house was under contract twice before and both times it fell through. I wonder if this is why. I love this house. It’s exactly what I was looking for but I am so nervous. Our inspection period is about to be up and if I can’t find someone to come out I might be stuck with a beautiful money trap.

I’m considering selling my home in order to pay off all my debt and wanted to see if anyone has done the same and if it ultimately led to relief.

The facts: -VHCOL - non-negotiable to move away. We moved here specifically for the quality of life that it offers -Bought in 2020 for 485K at 2.625% -Owe 420K -House is now estimated at 682K -Student loan: 66K -Credit card: 35K -Personal loan: 20K -Paying off the above 3 loans would free up 2K of cash flow a month -Remaining cash would go towards finishing emergency fund and possibly invest the rest/put towards retirement/save for a future home -Not tied to the area, always planned to eventually move to a more ideal location

I’m not looking for criticism into how I got into the debt in the first place. I bought the home during covid, and scraped together a 5% down payment between a little bit of money my dad left when he died and some savings. We decided to leave renting because it was during a time when no one had any idea what was going to happen with Covid, and we thought it would be best to find our first home to have some space and stability.

The home happened to be a new build, so everything is new. It had been on the market for several months because no one was buying, so they kept reducing the price. It was a no-brainer to buy it since other homes we saw were going for similar amounts, but were 50+ years old and needed work. We did have a couple little unexpected repairs pop up due to the house going through a full cycle of seasons. After living here, we also see some things that we think could creep up and become liabilities down the road. My fear is I’ll never get out of this debt cycle I’ve been in if I don’t strategize and get out of the hole. I would be upset if some unexpected huge repair is needed and I’m STILL in debt on top of it.

The interest rate will be hard to pass up, but we never intended on this being our forever home. I also understand the rental market is insane, but between the extra cash flow every month, the emergency fund in place, some add’l cash to invest, and the peace of mind of not having to maintain our own property, we could afford renting. I also would no longer carry the burden of juggling these debts, and could start adding more to my retirement account and start saving more.

I can’t help some of the long ago circumstances that happened that got me where I am, but I really want to finally right it and be out of this debt trap I’m in that I’m throwing money into that isn’t doing anything for us. It sucks to throw thousands of dollars at it and STILL not be in the positive. I guess I’m here because it seems like the overall consensus is to always stay and keep that locked in rate. But is it always the best decision for everybody?

We're considering putting in an offer on a coming listing, but the agent remarks for the listing (the ones only viewable by realtors and not consumers) says "Highest and best w/NO escalation clauses." Obviously as a buyer these terms are inherently off-putting, but I'm considering just disregarding them and making an offer with an escalation addendum anyway.

I understand why a seller might want to include such terms in their listing- our market is extremely competitive with everything selling for 10% higher than last year's prices, $50-100k over asking without contingencies. It's a super wealthy area and sellers know buyers are desperate and people are making unpredictable, emotional offers just to be done with it. By saying no to escalations up front buyers will be more likely to go big up front and discard all rational judgement.

My thought is this- I have a top price, but I'm not convinced this property commands it. Despite being move-in ready the home needs some fairly expensive near-term improvements (it still has all of its original 1960s single-pane windows, asbestos floor tiles in the basement, aging mechanical, original 100 amp electric service, etc.) I have no problems going all-in at the top of our budget if that's where the market's at, but I don't want to be suckered into paying $30k over the next guy just because of a high-pressure sales tactic.

My understanding is that regardless of how outside of parameters an offer is, listing agents are required to present their clients with every offer submitted in its entirety. As a seller looking for top dollar, who would say no to an additional $10k just because the buyers submitting the offer ignored said advertised high-pressure sales tactic and adhered to industry norms?

My elderly mother has 2 homes in Connecticut and just suffered a stroke and realized she needs to downsize. She's considering either selling the 2nd home or just giving it now (like early inheritence) to me. My family and I are currently renting and would consider living there.

At the moment the house is a step above tear-down and a real estate agent said it is worth about $315,000. For us to live in it we would have to spend about $200-250,000 for a total remod (siding, roof, fixtures, floor, kitchen...the works) and we would be moving in there September 2025. Side note, my driver's license is still under that address.

So, I'm curious if she were to sign the ownership over to me, would I have to pay taxes? If we decided to sell down the line would we have to pay capital gains tax? I could buy the home at a large discount (probably max $25-50,000) if that is better than just having it signed over? The value of the house after a remod would be about $700,000 (obviously who knows where the market will be 5-10 years from now). Would the money we spent for a remod be deductible? I would most likely also be putting my wife's name on it once I'm the owner.

I appreciate any guidance and yes I know I'll have to talk to a professional but this came up now and I would like some preliminary advice.

I have a completely different take than all the discussions I see out there. This DOJ action (with direct pressure from the white house)... isn't...really...about...the commissions.

Someone is pushing this. Follow the money. Commissions are just the distraction - watch the other hand. There are billions to be made by mainly 2 companies that will benefit from this in the long-term. Does anyone think the plaintiffs cared about anything other than their attorney fees and a couple bucks or a coupon for the class members? I believe the extensive industry-changing settlement terms were written by NAR (not the Plaintiffs) and 100% done in an attempt to placate DOJ just enough to not object to the settlement, like they did in Nosalek.

I've been thinking it was Zillow, but now I think CoStar. The real play here isn't about moving the deck chairs around about commission, it's not about saving sellers money, it's not even about reducing commission, and it's not being done for the good of the people.

The real play is putting the decentralized MLSs out of business to be replaced by central listing websites - Zillow, CoStar (Homes.com - who has a BILLION dollar marketing campaign to compete against Zillow and Redfin...during the biggest time of commission uncertainty...this is why they're doing that), and a player to be named later who all will then syndicate between each other and ultimately offer their own IDX feeds.

MLSs are losing their ultimate value proposition as a commission sharing marketplace. Without that, they're just a database of homes for sale and just lost their competitive advantage and main value proposition. Soon, agents will wonder why they're paying these NAR and MLS fees when they can "just find (and probably list) all the homes for sale on Zillow" for free... Then Zillow/CoStar will target sellers directly to list with them instead of through an agent on MLS. Zillow is already doing this for rentals and has severed their IDX feed for rentals from MLS, and CoStar owns Apartments com

Look what DOJ is now going after - clear cooperation policy (Realtors must list all properties they market in MLS). This will open the door for Zillow+CoStar to get agents to list with them directly instead of MLS.

DOJ, as we can see in their objection to the Nosalek settlement, wants to literally prohibit sellers from paying buyer commissions. If this happens, buyers won't be able to pay significant commissions out of pocket, and VA loan buyers are even prohibited from doing so, even if they want to. This would have the effect of many (most?) buyers going unrepresented (with all those repercussions), disrupting the industry, taking a lot of agents out of the business, and therefore weakening or potentially putting many (most?) big brokers out of business since their business model revolves around having enough agents paying them fees, which would further help Zillow+CoStar's goals of taking over the entire real estate transaction, end-to-end.

It could be Zillow pushing this, but while this is also good for Zillow, Zillow incurs more of a short-term financial hit in its referral business, which CoStar has less of. CoStar will likely fall into the #2 market share spot in this new world, and the lawsuit/DOJ action will also weaken Zillow's main revenue stream, and CoStar has other revenue streams (commercial real estate) to keep itself going while they invest in this major, long-term, market-disrupting play, and maybe even compete with Zillow for the eventual #1 spot.

If you have a billion dollars, like CoStar is currently doing, to invest in a marketing campaign to try to make a new market, you sure as hell have enough to contribute to get the ears of people that can make these things (white house pressure for DOJ action) happen.

Many will call this a conspiracy theory, but we'll see how this prediction ages in about 10 years.

ETA: I think some are missing the trillion dollar market to be made and shared between only 2-3 companies (years down the line - maybe even 10+ years): Once MLSs are gone and Zillow+CoStar are the central place to list homes: Sellers will have to directly go there to list, paying them (and not an independent agent) probably a % of the home price. They will operate a marketplace, probably eventually without any agents at all - meaning they make all the $$$$ - imagine what 2/3/4% of the entire overall real estate sales volume is. One single company will probably own 60% of this entire end-to-end market, which will be much larger than the entire Realtor commission business because it will also include lending, title services, inspections, and literally every other aspect of a real estate transaction.

Also to clarify - my point has nothing to do with whether this is good or not, nor whether it saves anyone money. Just whose money is behind making this happen. Maybe it lowers costs, maybe not - but that's completely besides the point.

For those saying this increases competition, I think you have the opposite. You'll have an oligopoly of 3 companies controlling the entire market, eventually controlling 100% of the end-to-end transaction. This includes lending and all peripheral services too. This is their intention - don't believe me? Go look at Zillow's investor presentations - it's all right in there. They will ultimately be able to charge whatever they want, because you'll literally have no other place to go.

I am purchasing a four-plex in Texas that has all 4 units leased out through July. Three of the units are extending their lease and are renewing for a year, all of which I have been given copies of. However, one unit is not extending and it was pre-leased to a new tenant, so it would be completely leased out through July 2025.

Sounds great...right?? However I am buying this so that I can live here and I am using a VA loan. How can I cancel or not honor the pre-lease so that I can live in the 4th unit as required by the VA? I am aware that Texas law states that all leases are honored, but this one is tricky since they are not living there yet. I can't find anything on the Google about a pre-lease having to be honored. The "pre-lease" is written up as a lease I'm just calling it a pre-lease for lack of a better term. Thanks!

like everyone else who is anxious about being able to put down roots, i've been browsing the real estate listing sites, and occasionally come across vacant plots of land that seem affordable for an individual and too small for big developers. the ones i go out and look at feel slightly off the beaten path of residential areas, and are either flat, or on a slight incline. some had buildings on them, but they have since been razed. lot sizes are usualy 1-2000sq ft+

i've also been looking at constructions in the high desert: https://www.trulia.com/home/68180-rainer-rd-twentynine-palms-ca-92277-333258151?mid=0#lil-mediaTab

there is a tiny homes ordinance where i live, but unfortunately the max size for them is 400sq ft. i know that building in the desert is much less expensive for a reason, but it got me thinking. if all i want is a ~600 sq ft one bedroom....how doable is this in oh, say, Los Angeles, and what could i expect to spend?🫨

3 homes in question: 2 investment properties + 1 main residential home. I’m only on the title for 1 of them, remaining 2 I share payment for mortgage /bills etc.

How would this be divided? Would a regular divorce attorney be able to go through this or would it be best to consult a real estate lawyer?

I have my own agent, but my loan officer advised me to go with the seller's agent if I want my offers to have a better chance. Has anyone else heard this? I'm in the Southern California market. Lost 5 houses already.

My dad just passed earlier this week. In his older age he'd really not taken care of the house. My mom (his ex) and I went to his house today to check things out and it's just a mess... Not quite a hoarder house, but not far off. For example, his entire downstairs and two car garage are completely filled with furniture and other "junk". There are probably some valuable things, but it would take 10 lifetimes to go through it all and try to sell things one by one.

I'm overwhelmed. In addition to the grief, and dealing with tens of different things to do/people to contact, I also have no idea how to go about his house. It's probably worth ~700k on paper (waterfront, pool, fireplace, 2 car garage, inside hot tub area near pool, large, spacious yard, good neighborhood), but like I said it's a disaster and needs a lot of work. He has 185k on the mortgage at 3.5%. Fortunately I'm a joint owner on his bank accounts and there's enough money there to pay his bills for a little while, but I also have a family and mortgage of my own, so I can't be paying his mortgage for an extended period of time.

I'd like to get SOMETHING for the house and not just give it to the bank, but there's no way I can handle entirely renovating it.

Any advice is greatly appreciated.

As a first-time home buyer, I am seeking guidance on navigating the current real estate market in Georgia. I am 26 years old and will be getting married in October. My annual income is $45,000, and I have a credit score of 760. Unfortunately, I do not have any savings at the moment due to outstanding bills totaling $4,000. Once these bills are settled, I plan to start saving diligently. I have had two previous apartment leases, but I currently reside with my family. Given the current state of the housing market in Georgia, I am uncertain about the best course of action and would appreciate expert advice on how to proceed.

Hi there!

I’m 90% sure I’m on the blacklist for renting as well as my partner. We’ve been on it for around 12 months and we left the property 18 months ago (break lease situation due to financial hardship and blacklisted due to not being able to pay outstanding amount on time). It was our first rental through a real estate.

We’ve been privately renting off his parents for the last 18 months but desperately need to get a place for ourselves as we’ve had a baby and she needs her own space to thrive properly.

We’ve considered applying for rentals but are worried about knock backs due to the blacklisting. Our financial situation has improved since leaving our first rental but I still worry about knock backs

Does anyone have any advice on how we could better our chance of being able to land a rental? We are able to stay here for a bit longer we just don’t know how much longer for….

Queensland, Australia

My wife and I are moving from FL to TN next year. We bought our current home (first home) in 2020 - owe $155k and it's worth about $255k. 1971 3bd/2bath home in an established neighborhood. Our plan was always to hang onto this home when we moved, and it would be our first of many rentals, so we thought. A lot has happened in the last 4 years with the housing market, FL home insurance, etc so we find ourselves reconsidering all options.

Option 1 - rent the home in FL. We estimate it can rent for about $1750 and currently our mtg payment is $1212.

We would use the difference to: A. Save some for repairs, vacancy, etc B. Put the rest towards new mtg payment in TN

Option 2 - sell the home and use profit to put towards down payment of new home in TN to lower monthly payment

Very torn with this decision as I weigh everything out at this point. I would appreciate any and all feedback.

A few of things for the record:

-We love our current home and have ties to the area. Plan on coming back in the future -Have put a lot into the home as well. New roof, new privacy fence, new master bathroom Remo etc -Budget in TN is up to $500k

Bought a home on a lot and signed a contract a week ago, haven’t given deposit yet. Saw another lot which I like more and it hasn’t been sold yet. I want that lot but the sales agent told me he can’t change my lot because he doesn’t want to talk with the builder as they already started getting permits for the lot I bought. But no work has started yet on the my lot. Could I cancel my contract?

I also asked the sales people to ask the builder to give me 90 days to list my current home for sale instead of 60, but if my home sells to quick, the buyer might not want to wait 3 or more months for my new home to be built to move. The sales agent says he’s leaning towards the builder not accepting 90 day for home listing.

My husband and I are looking at selling our house and building a home. The problem is they require a construction loan. Is there such thing as a construction loan for 5-7 months with a non qm mortgage? My husband quit his job of five years two months ago and bought a Pepperidge farms independent distributorship with a long and well documented sales history. He is making 90-100k a year so it sucks to not be able to count his income because it would help us get a bit bigger and more long term home. We’d be hoping to get the loan in the next 2-3 months. Is this even possible? Anyone have any recommendations for non qm lenders to reach out to about this or who has the best rate?

So I just had a general septic inspection done on a property. However after the inspection it turned out the seller had the grey water drain pipes detached. They said it was so it didn't fill the septic. However my septic inspection did not include a load test of the drain field as I was under the impression their was currently a demand on the system that would show any issues. Along with the seller saying grey water would fill septic, which I'm not a septic guy but I was under the impression septic separated solid from liquid and seeped the liquids back to the ground. So if the grey water would fill the tank, that would mean the drain field isn't operating correctly. Just looking for some advice, should I bite the bullet and do the load test?

Hi all!

***using an alt account as my friends and family know of my main account***

I am looking for advice on whether I should move forward with my plans of getting a real estate license.
I (M35) currently have no debt and make about $140,000 after taxes, living comfortably off $70,000 a year. The remainder is used to max out my Roth 401k, backdoor Roth IRA, and additional investments (index funds and money market accounts). My ex-wife and I divorced last year (no kids) and I am currently living in an apartment while I decide where I want to move to. We previously owned a home together and I have about $300,000 after getting my half of the house and adding it to previous investments. This money is currently sitting in a money market account, and I am saving it to buy a new home in the next 1-2 years in OH (where I currently live). It is not lost on me that I fortunate to be in a good position here, but I also have put a lot of time and effort into saving money for my future while living frugally.

I currently work normal hours (9-5) 4 days a week (Mon-Thurs) and have been using my spare time to exercise, read, see friends, and do a bunch of hobbies I wasn’t able to do during my residency. Even with this, I have a bunch of extra free time.

I live in OH and saw that I could get a real estate license after completing 120 hours of courses and taking the test. With my free time, I could probably get the courses done in about 4 months and take the exam after that. It seems relatively straight forward on my end. I became interested in this for a few reasons:

1. I would want to save the 3% commission on my home (looking for around $400-$500K)

2. I am looking into putting some of the money I save (after retirement contributions) into rental properties after I buy a home. I want to save any money I can on this and feel that I can do that with a real estate license.

3. I know a lot of doctors and nurses in my and surrounding hospitals that have had some interest in buying homes in the next few years. The aim would be to give them the option of using me with a lower commission to not only save them money, but also get some extra cash for me on the side that I can continue to use on rental properties.

Honestly, I am looking for any advice for anyone who has done this before. How hard was it to get into the real estate business? Do you regret doing this? Would it be hard to get connections in the real estate world if I can only work Fri-Sun?

Please poke all the possible holes in my plan! Honestly, I want to hear your thoughts on this. Thank you all in advance!

My in-laws are planning to move nearby, in an area where many of the homes were built in the 60s. We have a small child, and since we'd visit often, I generally assumed it would be sensible to test for lead, and be prepared to pay $20-50k to do an abatement, on the basis that you'd be getting peace of mind now, you might add somewhat to the home's value (this is an area in greater Boston with lots of families), and there isn't really a better time than before you move in. Our realtor initially suggested house age wasn't the biggest thing to worry about (saying it would be about $20,000 if we wanted to do the abatement), but now seems to suggest that getting the home added to a registry of lead-positive homes (and the resultant requirement to hire more expensive, lead-safe certified contractors) is a bit of a liability.

Has anyone done a lead abatement in MA that can comment on their experience? Is there a general sense of how a home with a positive test + abatement is valued relative to a home with unknown lead status?

Hi folks! We are entering a contract with waived appraisal and mortgage contingencies. This is New York State.

We understand that a mortgage contingency means that in the event we are NOT approved for a loan, we are able to pull our money out and pay in cash. The difference between that and a cash offer is that we still want to apply and finance the transaction, and the seller effectively is ok with that.

The seller's lawyer drew up the contract which stated that this is a cash offer. We understand that this is normal so far. Our lawyer sent changes with the following. (changes are in bold)

1. PURCHASER HAS WAIVED ANY AND ALL MORTGAGE CONTINGENCIES AND ACKNOWLEDGES THAT THIS

IS AN ALL CASH, AS IS TRANSACTION, HOWEVER PURCHASER HAS THE RIGHT TO APPLY FOR FINANCING AND SELLER SHALL COOPERATE WITH PURCHASER'S LENDER IN ALLOWING AN APPRAISER INTO THE PREMISES AND EXECUTING ALL DOCUMENTS AT CLOSING REASONABLY REQUIRED BY THE RESIDENTIAL LENDER.

Then, the seller's lawyer responded with the following:

"Your modification of Rider paragraph 1 is not acceptable. Your clients do not need my client’s permission to seek a mortgage and my clients will not hinder that endeavor. Moreover, they will give reasonable access to a bank appraiser to examine the property, however, they will not agree to execute any documents for a lender other than a deed and the required deed recording docs. We do not know what representations your proposed lender will request from Sellers. I will not have my client’s contractually obligated to execute such documents."

This is where my lawyer grew concerned and we're gonna talk Monday. He explained that at closing, there are documents that sellers need to sign. Smoke detector affidavit and I believe he said 1099. He's worried that the sellers might say we don't wanna sign anything and they won't and then we don't get approved.

My questions are:

1. is this normal language to put into a contract? It's a conventional 30 year loan, I can't imagine what the bank will ask them.
2. What COULD the bank ask for other than 1099 and smoke detector stuff.
3. Are 1099 and smoke detector constitutes "...deed and the required deed recording docs"

I ran this by our agent, he says it's not normal, but he doesn't think it will create an issue. He's going to speak with his colleagues as well.

I know both lawyers are acting in the best interests of their clients, just curious if anyone else finds this concerning.

Thank you!

TL;DR: Debating whether to add the Heat and Glo Allusion Platinum 50" electric fireplace upgrade to my new home build now or later. Seeking cost estimates for independent installation and advice on timing.

My new townhouse pre construction build offers the option to include a Heat and Glo Allusion Platinum 50" electric fireplace (model SF-ALLP50-BK), with a viewing area of approximately 48" x 15", positioned 22" from the floor. The upgrade also includes a linear wall design. Builder is charging- $4600(inc tax) for everything

Should I consider opting for this upgrade now, or would it be more practical to install it independently later on?

Additionally, can anyone provide an estimate for the cost of installing the wall with the fireplace separately?

And is it advisable to make this decision during the construction phase of the home?

Location - Toronto, Canada 2 storey townhouse

TL;DR: Considering upgrading to Modern Square Oak Treads for the main floor stairwell in my new Toronto townhouse. Costs $4200. Wondering if it's worth it for utility and resale value. Thoughts?

Hey there!

I'm in the process of deciding upgrades for my new two-story middle unit townhouse in Toronto, Canada. One of the options presented is upgrading to Modern Square Oak Treads instead of the standard profile treads for the main floor stairwell. This upgrade also covers any additional steps in the foyer, mudroom, or laundry room if applicable.

The builder is asking for $4200 for this upgrade. I'm wondering if it's worth it in terms of utility and potential impact on resale value. Any insights or advice would be greatly appreciated!

Thanks in advance!

I'm thinking of buying a home that is split in two. It has one area where you can either put 2-3 tenants in or a small family and then another area that I plan to live in and then Airbnb when I move out. I'm estimating that I'll have to dump about $60k in the home but it is in an area close to downtown Salt Lake City and it is in a relatively quiet neighborhood. It seems like it won't start cashflowing until about year 6 but I'm hoping that the appreciation of the home will make up for that. What should I know about renting vs. Airbnb and how can I charge rents that seem fair? where do I go to do that research? The home price is above median price by like $50k. I'm stressing about whether the home is worth it or not. Any help is great! Willing to clarify if I haven't been clear.

300 sqm for 30 years contract. Is this okay? They said that we should provide 10k monthly for the caretaker of the tower. 5,040,000.00 Less 1M for SOP. 1,000,000.00 4,040,000.00 Less 10%. 404,000.00

Lump sum for 30 years contract to land owner - 3,636,000.00

*Plus 10,000 monthly to assigned care taker-

• 10,000x360 months /30 years. 3,600,000.00

Total Contract amount to Land owner for 30 years 7,236,000.00

I want to look at duplexes but where the heck do you find them??? are they hard to come by is there just none for sale in my area or is there some special website since i understand they’re sold as investments vs people looking for home

Hi-

I’m hoping someone can explain this to me. Are selling fees going down in July? I’d like to sell my house. If I sell before July but close after 7-1 would I owe 2-3% less in fees for the buyers side?

I'm definitely going to get title insurance.

When/how do I go about it? Can I get the title in hand first? Is there a window afterwards? The deal isn't a sure thing yet, but I want to be protected. The old lady selling is really nice, but i know it's better safe than screwed.

Google is giving me lots of info that talks about banks and how the lender/agents can help, but this is a person to person transaction in cash (well, cashier's check)

Hi, just wondering what your interest rate is if you just recently bought? I just bought a home (looking to finally close on Monday) in socal in which the owner who I have been renting for the past 10 years let me buy it at a discount of 600k vs 700k+ in which homes have been selling for in the area for. My interest rate is at 6.675% I believe, only wish I could have gotten something lower but this was the lowest I could get going through a couple different lenders.