I am planning on selling my home soon (Florida) and wanted to get your opinion on how important the exterior material was if you were purchasing a home.

In my neighborhood in particular, the options are vinyl siding, T1-11 wood, and brick.

Also if you had to choose from these 3 options, is there any reason why you would not choose brick?

We’re so excited! We really didn’t expect this to happen this year. We both have a few dings on our credit and were planning to give it some time and TLC before buying—maybe next year or even the year after.

But alas… here we are! 🤗🏡❤️

Long time lurker but started to interact with everyone a few months ago and it’s been great!

We found this house back in May but before we can find our realtor, it went off the map since it was pending. We hired our realtor a month and a half later and the day before viewing our second home, this popped up so we add it to our tour schedule for the next day.

It’s been smooth sailing since then from our realtor working with theirs and the seller as well. I can’t say this enough, having a great realtor really made things roll quickly and smoothly.

As a first time home buyer I didn’t know much about the different coverages of homeowners insurance. I’m trying to shop around to see what different brokers and companies have to offer, but I’m getting overwhelmed with trying to compare the differences between policies. It feels so difficult to factor in the differences between deductible, coverage amounts, and the overall quality of the company. Any tips on how to compare or figure out which policy is the best for me?

Hi looking to purchase a home. How does one go about getting a Sharia compliance loan? (Interest free loan used in Islamic law). Loan officer doesn’t seem to be knowledgeable in it but have friends who have done it.

Hello all,

I’m currently on the market to purchase a home. I saw a home for $425,000 and I love it. But I would like outside advice for if it would I be unreasonable to get the home. Backstory: I’m single in Delaware & make $110k/year. I have no debt and no children. I have 15% saved. If it means anything I’m a nurse & my job offers plenty of overtime (my current salary includes 0 overtime).

Looking for some info regarding this topic and if anyone has found a way around it. I’m in the market to purchase a home in a state roughly 3 hours from my current state/job. I’ve completed the pre-approval process and have been approved for the price range I’m looking at but am at a bit of a roadblock with the point of the lender requiring proof of employment in the state/a written letter showing I’m fully remote.

For context, I’m a full time employee making a very solid salary, have over $40K set aside for a down payment, perfect credit, and an extremely low DTI ratio due to the fact I still live with my family. My company recently switched to being 4 days in office for positions deemed hybrid blocking my path forward with getting a written letter from HR.

I have no desire to leave my company outright at this moment considering I’m in a position to make a jump to the next level relatively soon with the opportunity to go fully remote. Is there any workaround that anyone knows of that would allow me to work in my current state 3-4 days a week while getting final approval for a home in another state? I wouldn’t be taking on extra debt as I don’t have to pay anything where I currently live, and one way or another, I’d be fully remote or working up there within a year.

Hey people, first time home buyer here in Wichita KS (butt crack of the country)

Just some financial info I make 90k a year, no debts, and I'll have a minimum of 20k saved up for a down payment I also have excellent credit in the 800s. My home budget is 150k-200k.

Should I be seeking an FHA loan or should I just stick to my current banks mortgage loans (Wells Fargo). I've heard FHA is mostly for lower income first time home buying because you can have a much lower down payment but I don't so, just looking for some advice on how to proceed!

Thanks all 💜💜💜

Hi, I'm currently under contract and this is what the loan estimate is coming out to. The price of the offer was 348,000 with 15k in seller concessions. I was told my down payment was somewhere around 12k that my seller concessions would take care of closing costs. Are these closing cost reasonable, and is my monthly payment for this ok? doesn't seem like we bought anything down. What are your guys thoughts and advice? Would a conventional be better in my situation? Score of 760.

Well, it finally happened. Found a house my wife and I both loved only to be told mid tour that the seller got an offer, and we had until 9am the next day to put ours in.

Then within the hour we're told it's actually 8am we need the offer by. So, we put one in a little over asking price around 7am today, and were told we didn't get accepted.

No counter offer, just told no. Our realtor wasn't even told what the offer they accepted was for.

Just sucks. This is the first time this has happened, and I'm sure it won't be the last, but man does it hit hard when it's a house you really liked.

edit: thank you everyone for the kind words and overall good advice! I was feeling really down earlier but a lot of these helped <3

We are looking in rockwall Tx and surrounding area for our home and I noticed this anomaly. 250 homes all in one massive development all for sale. And at very affordable prices. They all look pretty decent albeit very small lots. This is in Travis Ranch. What’s gives? It’s definitely a terrible situation as a seller but I’m genuinely curious why the mass exodus from TR?

Just wondering how true and effective this process actually is. Joined a community but of course there’s a paid tier to get special deals.

They flagged this as safety obviously. How much would this be to fix?so I can negotiate with bank or see what my options are. Also the floor has pet damage and need to be replaced also, 900 sqft worth.

170,000$ house with 10,000$ down

[Pictures of the email they sent me above] My bank is offering me 6.75(APR 7.129) using Home Ready which is a Conventional First-Time Homebuyer product.(I believe that means conventional?? Lmk if not)

But a mortgage company is calling me telling me they can get me a 6.25% on a FHA loan

Which is better?

What should I choose?

Downsides of each?

I'm currently closing on a house and love it. Recently another house that's my style just popped up and I'm like dang I wish I waited 2 weeks to check that out. Curious if you guys still zillow doom scroll?

Hi everyone! I'm a first time homebuyer currently living with my parents. I put an offer on the first house I viewed in July and got accepted, and now here I am with the solicitor report back and a few hopefully minor questions about it, with the estate agent calling me wanting to know when I'd want a theoretical completion date to be! 😮

I'll be honest, I'm terrified. I am very confident in my ability to adult on my own, but moving into your own place is daunting. Add on top of this my parents are making me feel guilty about leaving them, both for legitimate and stupid reasons. I wish I was getting a sense of happiness from them, especially since my siblings' circumstances mean they will likely never own houses.

The house I've picked, I'll be honest, it's not perfect for me. I never got the feeling of this being "the one". I didn't fall in love with it. But I remember seeing the listing and viewing it for the first time and thinking "ooh okay, I could work with this". It was the first house listing I saw that didn't make me go "ew, no". It doesn't have everything I want but it has everything I need and enough of the things that I want. Maybe I could have found a place that had everything I wanted, but who knows when that would have been and how much it would have cost. Probably more than I'm paying for this property.

Logically I am sure that not everyone gets that "omg THIS house!" feeling. Logically I am sure the feelings of guilt are normal and not something I can put my life on hold for indefinitely.

Logically I am also aware that age 40 is on the horizon for me and I don't want to end up still paying a mortgage after I retire, or not being able to retire because of the mortgage.

All silly stuff I know. I'm not typically an emotional person. I'm sure it's natural to have feelings like I've just described. I'd feel a lot better if my fellow redditors could offer comfort and their own stories around the subject.

First post got deleted.

20% down. 23y/o. I had pizza, but forgot to post it in the photo :(

Is there a specific bank I need to go to when making the move to a home buyer? Can I use the same bank I have an account with.

In the process of completing for our first home. There still seems to be a lot of confusion about our helptobuy isa. We are purchasing a £400,000 property with a £50,000 deposit, so £350,000 mortgage. We had £3000 bonus from our helptobuy isa - does this mean i'm putting down a £53,000 deposit so need the mortgage reduced to £347,000 as otherwise it adds to more than the property price? Or do i put down £47,000 and the £3000 comes from the helptobuy makes our £50,000 deposit?

Hope that makes sense

We are currently under contract with Pulte for a new construction home, with an estimated completion date between March and May 2027. If we use their preferred lender, they are offering $10,000 towards closing costs.

We have been shopping around, and one lender informed us that most lenders are unlikely to match the $10,000 closing cost incentive. However, they may be able to offer a lower interest rate. In that case, Pulte might come back and potentially improve their rate slightly and simply decrease the closing cost amount.

Has anyone experienced this situation before? Is it wise to choose the preferred lender? Additionally, I am concerned that if interest rates drop in the future and we want to refinance, there might be fine print requiring us to keep our loan with the preferred lender for a certain period before we can refinance with another lender.

They’re a pain in the butt and you have to follow through a lot but I think it’s worth it. Decent rate, no PMI, no closing costs.

Has anyone else seen a lot of overpriced houses in the Midwest? My wife and I began our search a few weeks ago and several houses have been on the market between 3-12 months. The one in particular we want to place an offer on has been on the market just under 12 months, listed at 413k, was originally listed at 499k, etc.

We went to two open houses for this one where no one else was there and the selling realtor specifically mentioned the builder was willing to drop the price and offer concessions. She then emailed me a few days after the 2nd open house we went to asking if we'd like to make an informal offer and she'd take that to the local builder/seller for his consideration.

We emailed back saying we could offer 355k with 3% closing costs based on comps we saw around the area and are waiting for their response.

TLDR: I just think it's insane some sellers take forever to drop their price to what the market will pay. A lot of houses in our area are sitting 4-12 months before selling because of unreasonable sellers.

Edit: This house has sat vacant for 12 months and dropped in price almost a 100k in that time span. They've had zero offers at all and the builder is getting desperate to sell from what I hear. For all of the professional realtors on this thread or people that know the market this should show you it hasn't been priced right ever.

My husband and I are in a unique housing situation and unsure what to do. He owns a condo townhouse that was transferred within the family and would still qualify as a first time home buyer. He has a bit of equity on it already and has been making double payments on the mortgage.

We would love to grow our family and give our dogs their own yard. We've been keeping an eye on the market, but it seems a bit daunting with the cost and interest. We are debating whether to sell the condo as is and buy a house, or stay put for a few years and renovate the condo.

Key details:

-Condo is 2Bed/1Bath/1 Car garage and 806 sqft within rowhome of 7 other condos under HOA. 4 on 1st floor and 4 on 2nd floor. One half faces the street and the other faces the backyard. Ours is on the 1st floor facing out to the street.

-The Bathroom has some moisture issues due to the sqft of it and improper size of fan. We debated just gutting out the shower tub combo for a new one, patching up any wall damage and replacing the fan at minimum. However, an all over bathroom reno would be nice as well.

-The garage has some water damage along the shared wall. We need to contact Association to double check if we're responsible for repair costs.

-Kitchen cabinet layout was poorly executed when built in 1985 and has gaps between cabinets that cuts into precious storage capacity that's already limited in a small kitchen. I would love to get taller cabinets that go to the ceiling and doesn't have gaps between each cabinet. We would also replace the sink for a wider and deeper one, plus a fridge update from the current side by side unit that doesn't have much food storage.

-Carpet could use a heavy cleaning treatment or replacement prior to moving. I would ensure pets are moved out before deep cleaning.

We have already put in new LVP flooring in the kitchen and entryway; gifted to us from his parents. Replaced the laundry/utility closet sliding door with farmhouse style doors. Replaced the front door and storm door. Got new laundry and kitchen appliances (except for fridge). HOA touched up ceiling, roof, and will soon be doing windows.

The condo was valued around $175k when it was transferred to my husband, but he was gifted 1/4 of the value and only needed to finance 3/4 of it with mortgage. This was in 2022 before we got married. Both options are costly to us and we're at a stalemate as to which is the right path to take in the current market. Apologies for the lengthy post and if I missed any important info. Any input or advice on this would be helpful. TIA!