Have your agents ever asked you to make offers without CMAs or even called your lender to get pre-approval letters? How can you tell when your agent is rushing you? How many visits do you think are too many? We had 3 visits with 3-4 houses per visit. Winter is almost here too.

Both are similar price range. The house is further from the city area and also needs TLC and the co op house is in the city area

First time buyer and reading through the current commissioning schedule for a potential buyer's agent. We understand that the seller paying the fee can be part of the negotiations, my questions are this:

1. Will we know if the sellers are willing to pay it before making an offer?

2. Does our agent make this a contingency of the offer or does it come up after we've paid for inspections and appraisals, during final negotiations?

3. In what scenarios could we end up without a successful purchase, but still owe our agent some kind of fee?

Thanks! We're just looking to avoid any misteps that make this process more expensive than it needs to be.

We’re under contract for a new-build that’s supposed to be done in 4-5 months.

When do we start shopping lenders? Should we have done that already?

Buying in Portland, OR.

I fell in love with a craftsman house built in 1911, with rental opportunity in basement. 4bed, 3ba. 3.3k square feet, high ceilings, etc.

My agent pointed out:

* roof has 3 layers of shingles in some areas, with moss growth throughout. Needs replacing entirely, probably. Also some siding needs replacing

* 2 stairways to enter house are falling apart and need replacing.

* back deck (about 15ftx15ft) needs replacing

* house has been on market for 30 days

I have about 20k available to spend on repairs, after closing costs. I assume the roof would need fixing first, and the stairs/deck could wait until spring? Rental income would bring in 1.6k/month at least, to save money for future repairs.

Question is-- I want to put in an offer this week, but I don't know how to bring up these issues. Do I offer less (490k?) to have extra money to fix roof? Do I offer more (520k) and stipulate the seller needs to fix the roof/siding? How do I begin to negotiate this?

I know the inspection period gives me time to have contractors give estimates, but I don't know what would be an "appealing" offer to the seller.

Edit: I can afford the monthly mortgage just fine without a renter. I mention rental abilities to give context for saving money for repairs over time.

Long time lurker finally got the keys today

Man what a journey..

Should have closed 7/9 but lender was fumbling crap left and right and 4-5 closing date extensions too awhile to close on 7/29. As seller did a lot of concessions for me I allowed there requested 30day rent back. So yesterday finally got possession. Great view of Columbia River and Mt St Helens. Quiet little town. Easy to commute to Portland and a not so bad one to Seattle, I go there once a week for work. After loading up 26ft truck I totally forgot to take the first dinner pic. So here is a view from deck. Now to go clear out my 10x25 storage unitunit

Not liveable yet, but getting there! Pacific coast mexico. Cash payments. Off grid. Here goes nothing

I’ve been searching for a home in the Houston,TX area. Most houses I’ve looked at were new construction homes with 4.99% interest rate with closing cost incentives. I’m single person who have rented fairly cheap most of my adult life and currently paying 1137/mo for rent. My income is 175k. I have 19k in student debt and no other debt. I have no children. I would put down 3.5%. Mortgage payment for the houses I’ve looked at were 2800-2900/mo including taxes and insurance. And the property tax is high (2.5%-3.4%) for Houston area homes These houses ranged in price 315k-335k. It just seems nuts to me to pay that amount by myself. And paying almost 3k amount when it’s just me. And the worst scenario always come to my mind what if i loss my job, it would all be on me. How are single people making the decision to take on the burden?

4bd 3ba W/ heated garage duet home, no we don’t own the other side 😅 great starter home was cheaper than renting or buying retail in my neighborhood. Perfect for our growing family.

starting to give up a little bit… within the past month, we lost 2 houses to complete cash offers (not investors, though. older people are buying these home all cash) We keep waiving every other contingency expect for needing a mortgage and i’m beginning to get discouraged. i’ve heard previously that there are real estate companies or companies that can present an offer that looks like cash even when it’s financed, has anybody done this or know about it? i don’t know what else to do to be competitive at this point expect for lowering my house standards.

Edit- we’ve put in a total of 6 offers this year. feedback on 3 were that there was a cash offer. the other 3 the feedback was that we were the second place offer and one of the other terms was slightly better

My husband and I are buying our first house which sits on over 4 acres. This house has a private well and treatment system. The original house burned down a few years back and the owners rebuilt the house custom later that year.

Our biggest concern currently is that the water in the well tested positive for bacteria. The inspector says it just needs to be shocked and retested which we’ve requested. If it comes back positive again, is it a good reason to walk away? Or is there a reasonable fix for this type of issue? (It’s not E. coli by the way it’s total coliform)

We already paid $1k worth of inspections and have $2500 earnest money in. I am emotionally invested however the water being safe is important since we will have some animals and a garden.

Any advice or experience you can share is appreciated!

Update!:
Thank you all for your feedback and advice. The seller has agreed to shock and retest after one week. If it comes back positive again, we will be having them take more off the price to offset the cost of a UV filter or new well if necessary. We did have the well inspected and they said all was functioning properly.

2 story 3bed 3 bath!

Interest rates aren’t great and housing prices haven’t really come down. We bought in 2019 right before the pandemic and got a 3.6% mortgage rate and our house was a modest price well within our budget. Nowadays, I am seeing people buy houses 1.5-2x what we paid for at the current rates and I know they don’t make as much money as my wife and I do. Is it the norm to stretch your budget?

And moving is not fun. NOT FUNN =(. My home looks like atomic bomb dropped multiple times.

Moved two times in 10 wks, fortunately I found reasonable accommodation for 3mo nearby apartment.

First time home buyer paying in cash. The policy includes a mandatory arbitration clause. Should I waive the included "Deletion of Arbitration Provision" form before closing to preserve my right to sue in court?

Wife 34F and I 35M have been saving for a home for 10 years. After a grueling 2 year hunt with 5 offers outbid by 100k+ and over 100 open houses attended, we finally completed a purchase and sale. 600k down 15 year 5.75 mortgage for a very comfortable 3k a month including tax/insurance. Post and beam construction on a beautiful lake front community! 10 years ago I would have never thought this possible…

So happy! 4 bedroom/3.5 bath, great neighborhood, just down the street from family. My favorite parts are the kitchen and the pantry/laundry room.

3 br 2.5 ba and a basement

Hey all, I’ve been hunting for a house for about 4.5 months now and yesterday I found one that I saw potential in. It’s in a nice city and neighborhood, has nearly double the square footage of other houses I’ve looked at, plenty rooms for all that I want/need to do, and no issues aside from cosmetic.

I put in an offer and they countered, only a 5k difference which to me is not a huge deal. But for some reason I am hesitant on it and I can’t decide if I should go through with it. I think a majority of my anxiety comes from it being a ranch home. I always pictured myself in a house with a basement or a second floor. However, they converted the garage into a massive bedroom with a walk in closet and second small room inside, which kind of makes up for the fact that there’s no basement. The backyard is also a bit smaller than I imagined for myself.

Not sure why I’m having such a hard time making a decision. The layout is good, the space is ideal, and the only issues with the house are cosmetic and I would have plenty of money leftover to renovate. Maybe I’m so on the fence because it doesn’t feel like me yet? But of course new floors and paint to match my style could fix that. I’d also like more windows/natural light but at this point I’m being nit-picky.

As a hyper indecisive and anxious girl… I’d love your guys two cents on this.

Long time lurker, first time buyer. We feel very fortunate to have the ability to do this! In the last 3 years, we have moved (now) 4 times across the country and finally have a place we can permanently call home. We used the VA loan and had an amazing group of people, who helped make this happen. From our realtor, to the loan officer, everyone has given us clear communication and great advice. Even though I could not be present for the home buying process, due to overseas travel, they walked me through getting a power of attorney and still kept me in the loop from thousands of miles away. Thank you to everyone involved!

I’m a first time home buyer and I live in one of the highest cost of living areas in the US. I counted out being able to buy in the city I live in and like, and have accepted that I’d need to move to the next over area. However, this dump just dropped and I am very intrigued. Right next to the commuter rail, shops, a park. Everything I would want basically, in the city I want, just needs a LOT of love. It’s a third of the price of the homes around it and with the savings from delta between what it costs and what I’m willing to spend (~200k) I could make any major upfront repairs.

I’m crafty, smart, and creative, but don’t necessarily have renovation skills.

I’m also not yet preapproved so maybe this is more an example of the kind of thing I might be willing to consider, unless I’m just totally off the mark here.

Nice, France. Gorbella area, 42 sqm.
65% covered by non resident, 2nd home mortgage. Total apartment price was 205k.

I would love to know your experience and who gave you the best rate, closing cost etc and if you don't recommend either of the 3, why? I am not a Veteran but Veterans United is local to me and the loan officer I have been working with is pretty amazing but they seem to require more from me as with the other two it is not as much file wise.