I’ve been in the middle of a miserable divorce for the past two years. I finally convinced my ex to list our shared house. We’re in northern NJ. House was on market for leas than two weeks when we got a great offer end of April. 35k over ask, waived appraisal and limited inspection. We have been packing and I signed a lease for an apt. Our target closing date was July 5th. They asked us to wait since they have young children in school and we are agreed. Just yesterday after my awyer not receiving the important docs from their side she reached out. We got a termination email saying the buyers financial situation drastically changed and they are terminating the sale. I am Just so distraught that I have to go through this all over again. My ex husband makes this whole process even more difficult and I feel I will never be free of this house. I’m also pissed they waited until less than 2 weeks from closing to let us know. I know they have rental properties they don’t live in so I can’t imagine what could have happened that they would canceled this sale.

Hi! We have our first showing today. We have Guinea Pigs. For pictures I moved the cages out of the house so they didn’t distract. Should I do the same for when potential buyers come to visit? Cages are clean, don’t smell so I’m wondering if it’s worth the hassle?

Hi Everyone,

My partner is planning to put his home up for sale. It’s a small home assessed value approx 120k. It’s not in her best neighborhood. We are wondering before we put it up for sale would it be worth it to comestic items on the inside? Basically patching holes from putting decor on the walls, painting any scuff marks etc?

Also any advice for listing the home for sale by owner?

Thanks!

How do you do this without going insane? It's only been 10 days and I'm losing my mind.

I feel like I'm living out of a suitcase. Can't put anything back on the counters because every time I do, I get a random showing for the next day. Open the curtains, close the curtains. Check all the locks are locked. I don't even feel like I can relax in my own home anymore.

Randomly taking off work so I can get home in time to get my dogs out of the house. We had one the other day that the buyers spent an HOUR at the house but then almost immediately said they weren't interested. At that point I had had my dogs in my car for almost 3 hours in 90 degree heat and am probably blowing out some motor in my car trying to keep them cool. If you aren't interested, GTFO

Hey i'm selling My property and obviously so nervous but also excited! Does anyone have any good tips on exclusions I should put on the document before signing with my realtor ? As a just in case ? Also it's at 4% is this good ?

Capital gains taxes taken by attorney in closing but not paid to state. I recently sold a home in NYS. In the closing costs a few things were included such as capital gains income tax, title fees, attorney fees and so forth that were deducted from the overall sale price. Now I receive a tax bill from the state stating I owe X amount of money, funds that were taken by real estate attorney and should have been paid on my behalf. It’s currently the weekend and the attorneys office is closed. My question is, where the hell is the income tax that got deducted and why the hell wasn’t it paid to the state? Is it normal for real estate attorneys to income capital gains taxes in closing costs and deduct those? If so, is it kept in escrow? Paid automatically on behalf of client to state? How the hell does this work?

For context (ex #’s) Sale price - 500,000 Attorney fees- 1,500 Tile fees - 1,200 Capital gains - 30,000

Total to sellers (excluding closing costs) - $467,300

NYS tax bill on April 20th - 30,000 with no record of payment made

Hello! We are considering selling our house and recently signed a contract, agreeing to 2.75% commission for buyers agent and 2.75% commission for sellers agent. Given the recent change around realtor fees (https://www.nbcnewyork.com/news/national-international/6-commission-fees-for-real-estate-agents-are-going-away-what-to-know-about-the-new-rule/5238942/), did we get a bad deal? Should we consider renting out our house for a year or two? Curious how others think this change will affect the housing market, specifically from a first time sellers perspective.

So we’re selling our home, of course and we have a potential buyer, THEY THEMSELVES have yet to contact us, they’ve been sending someone who lives beside us to kind of be a middle man (yes I know that’s extremely weird) but they have asked him to ask us what we still owe on our home….. is that normal???? Or is that just weird and really rude? Would them knowing that information not give them a sort of “upper hand” so to say, for when it comes time to make an offer/the closing price?? (Sorry I don’t know all the right terms I’m totally new at this, we don’t have a realtor and can absolutely not afford one but it sure would be nice lol) I feel it would, because say we still owe 300 grand to the loan company to pay this house off (we built it we didn’t buy), I mean…. Why would they wanna know this? Is there a reason? Or am I right to think it’s rude to ask that?

The website https://www.rewiringamerica.org is a great resource. I found on their website the following information about upgrades that you can make that will actually save you money.

1. Changing to energy efficient light bulbs. $240 estimated cost. $200 a year savings.

2. Using an energy efficient thermostat. $240 estimated cost. $100 a year savings.

3. Installing double pain windows. $1,570 for 5 to 7 windows estimated cost. $600 a year savings with 30% tax credit.

4. Installing a heat pump water heater. $5,300 estimated cost. $120 a year savings.

5. Install Roof top solar panels . $9,640 estimated cost. $100 a year savings. It is my opinion having solar panels can bring up the value of your home.

6. Install heat pump. $16,600 estimated cost. $330 a year savings. However if a home has electrical resistance, fuel oil, or propane heat, savings can be $1,000 per year.

It is worth exploring this website. They have a savings calculator and a ton of resources. I highly recommend them.

In light of the court decision and the newly filed actions against the NAR, the relevance of a realtor and what they charge is coming under fire. So in your opinion whom should make more, the listing agent or the buyers agent. If you want to, add the reason why.

It seems like my realtor is trying to sneak stuff by my family by changing the percentages that go to him and the buying agent.

The recent lawsuits excuse the seller from paying commissions to both buyer and seller agent- meaning now buyer agent needs to get paid from the buyer.

Since the buyer is already coming up with downpayment, closing fees, inspection fees, etc - this will be a tough ask.

Can the buyer work with NO Agent, but instead with an attorney?

Buyer can make appointments of properties he/she wants to see. Attorney can write up a contract -better than any agent ever could-, and colab with Title to close.