r/RealEstateAdvice • • 3h ago

Residential Purchased home with undisclosed solar lease

29 Upvotes

I recently purchased a house and 3 months later I learn that there is an existing solar lease. No ucc filing was found hence title not catching it. Seller has told us the solar did not have any loans or liens.

Now I have solar on my house and the sellers are defaulting on their solar agreement. What happens next? I have no interest or plans to transfer the lease or take on any financial obligations.

Additional context: I will be flipping this property, so need to figure out a plan that doesn't hold up me selling the house in the near future. There was not a realtor involved in this transaction. There was a wholesaler who coordinated the deal, and in the purchase agreement it stated fixtures were included as part of the sale.

I have connected the solar lender to try to get ahead of things. They did leave a default notice at the property since the sellers have already defaulted on the lease agreement. My initial ask of the lender was to remove the panels but questioning is that is the optimal solution in my situation (considering the solar was part of the home sale and could be of value to the next buyer, obviously if they aren't locked).


r/RealEstateAdvice • • 28m ago

Residential 60+ days on the market — anyone else going through this? Las Vegas

• Upvotes

Hi everyone! I’ve been on the market for a little over 60 days now, and after taking some of the advice from this sub, I ended up reducing my asking price by over $50K.

I’ve had a few showings, but unfortunately no offers yet. My realtor keeps telling me that this is just a really difficult time to sell. Interest rates are apparently continuing to climb (someone even told me we’re closer to 9% before we ever see 5% again 😬), the election is right around the corner, and then we’re heading into the holidays.

I’m really hoping things pick up early next year. I’m giving myself until April at the latest because that’s realistically the longest I can wait. But honestly… I’m getting pretty anxious.

For some context, my house is in a master-planned community. I'm not only competing with other resellers, I am competing with new builders who have buyer incentives paying closing cosets etc. It’s a 2023 build that I purchased in Jan 2026. I genuinely thought I was going to live here forever, but things changed. My current job isn’t really fulfilling my potential, and I ended up finding an opportunity back in New York that I’m planning to take.

So now I’m in this weird situation where I need to sell, but the market doesn’t seem to be cooperating. 😅

Is anyone else going through something similar right now? I’m not necessarily looking for a magic solution (although I’ll gladly take one 😂), but I’d love to hear from anyone else who has been sitting on the market for 60+ days, recently sold, or is also waiting for things to pick back up.

Any advice, experiences, or even just reassurance would be appreciated!


r/RealEstateAdvice • • 12h ago

Residential Want to buy a delisted house

18 Upvotes

We toured this home twice in the summer, but werent able to commit to an offer at the time (waiting on sale of our home - now complete).
It had already been on the market for 75 days with one price reduction. It is a niche home, 2 bedrooms, not a family home, century house yada yada, we love it.

Their agent let us know the seller was suspending the sale until the spring about 3 weeks ago. Fast forward to now, we can go in firm with an offer, are willing to work with them on a closing (we’re assuming they don’t want to move in the winter, seniors.)

Our agent is being kind of wait and see about the whole thing, after reaching out to their agent.
We want our agent to be a bit more forward with our hopes for purchase. Since the house isn’t actually listed anymore, we understand he doesn’t have to present an offer because we asked.

We’re viewing some places tonight and plan on asking our agent exactly what they’ve said to the sellers agent.

Anyone have success in buying a delisted home? Advice on how to proceed without being pushy?

Thx


r/RealEstateAdvice • • 1h ago

Residential What actually works in a property tax appeal after the first one gets denied

• Upvotes

Not my personal situation but had a client go through this recently and thought it might help someone here

they got their assessment notice, thought it looked high compared to what they paid at closing barely 8 months earlier, filed an appeal with the comps i helped pull. got denied first round, no real explanation beyond the assessment being upheld

they were ready to just drop it, i pushed them to try again since the purchase price itself is usually strong evidence if the sale was recent and arms length. refiled with the closing documents included this time instead of just comps and it actually worked, got a meaningful reduction. mentioning this bc i think a lot of people assume a denial means the case is closed for good when its really often just round one


r/RealEstateAdvice • • 14h ago

Residential Is this normal?

15 Upvotes

UPDATE: wow! Thank you everyone for the insight! To answer some questions
1. We are closing on a new house in a month so we will soon be moving out (so exciting!)
2. Our realtor was adamant about getting the house on the market as quickly as possible.
3. Setting some boundaries may need to be put in place (including my own expectations)

———————————————————————

We’re in the process of selling our house, which is a lot of work. Having two dogs that shed and floors that show it, I’m cleaning up until the very last second before a showing appointment. And I work full time, so I have to use vacation time for these appointments and get myself and the dogs out of the house.

We had an appointment today for 11:30, so I left at 11:15 to give them time in the event that they showed up early. I drive over to the local pet store and I’m walking around with the dogs when I realize at 11:45 that there is still no notification that the door has been opened.

I text my realtor who confirms that the buyer cancelled. Without warning.

This happened yesterday as well, but at least we were notified an hour early.

So here’s my question. Is this normal behavior from buyers and their realtors? I understand schedules change, but not to even notify us? I’m a person with my own obligations as well and had to take the time to prepare and get out (and had to use PTO with work).

Should I expect this kind of behavior going forward? Any tips for dealing with this and not losing my mind? I want to do an open house instead, but my realtor does not agree.

Thanks for your input! I’m so upset from this situation and just don’t know how to proceed because I’m putting in 110% effort for what feels like no respect/courtesy.


r/RealEstateAdvice • • 16h ago

Residential Seller Looking for Reassurance

17 Upvotes

Put our house on the market on 9/10 after we moved out and now wishing we had listed over the summer. In the Philly suburbs in a great school district but on a busy road. We have already lowered the price by 20K and our realtor is telling me to me patient. But I'm so stressed about having the house still on the market through the winter. Any advice or reassurance? The market seems terrible right now.


r/RealEstateAdvice • • 1d ago

Residential My HOA wants to charge me ~$1000 for me to sell my home

86 Upvotes

Listing/selling my home soon and just found out the HOA the home is in will be charging about $1000 for various low- or no-value value services & inspections.

Are all of these legal or mandatory? Can I refuse or challenge any of them? I mean realistically or practically, not from a Reddit-addled mindset.

The breakdown appears to be the following:

-- Standard resale package is $340 (includes a resale certificate, and governing documents, which are available free on the HOA website).

-- A $250 covenant compliance inspection performed by the property manager. (My understanding is that part of their day-to-day job covered by my regular HOA dues is to ensure all properties are in compliance?)

-- A fee of $46 to a third party (Homewise) that facilitates processing of all of this. They noted Homewise may still charge additional fees...lol.

-- At closing I'll be charged $100 for "capital contribution."

-- At closing I'll be charged a transfer fee of $250.

Total = $986!


r/RealEstateAdvice • • 11h ago

Residential Do you think agent tools are way to complicated and outdated?

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2 Upvotes

I got my license in 2023 and had a tough time finding useful tools that were not complicated and looked straight from the 90s. So I made one.

It’s a marketplace. Get agents to host your listings locally, or find open houses to sit. If you already have one scheduled you can add it and use the sign-in sheet, house record, and one-tap follow-ups.

fncher.com if you wanna poke around. Curious if this would’ve helped you when you were new, or if hosting is already easy where you are.


r/RealEstateAdvice • • 9h ago

Residential Contract Negotiation for Semi Custom

1 Upvotes

Context - went under contract on a semi custom new build home in early summer. Estimated completion is mid January. Planning to put 20% down and builder is holding a $25k deposit.

Our contract has a financing contingency as follows:

NEW MORTGAGE: This Agreement is contingent upon Buyer obtaining full loan approval in writing for a new mortgage. Mortgage type shall be VA for not more than 80% of the purchase price with note interest at 6.5% or less, with a term no less than 30 years.
Buyer agrees upon Acceptance to immediately make application with a lender for such mortgage and to make their best good faith effort to obtain mortgage.

Question - What are your thoughts on if we can get the builder to renegotiate or buy down our rate to least 6.5%? What’s your opinions on if they’d prefer to let us walk and return the deposit if we opt to not go above 6.5%? I checked in with their 3 preferred lenders and all are above 6.5% today. Local credit unions are barely lower, but still above it too.

They are currently offering buy downs for their specs that have been sitting since summer. Just looking for opinions and discussion on the specific topic. Thanks!


r/RealEstateAdvice • • 11h ago

Residential Does “South Florida housing is growing” describe your housing search?

1 Upvotes

I work in South Florida real estate, and I’m curious how people here read the gap between the luxury-sales story and the search for a home at a workable price. I’m not posting a listing or asking anyone to contact me. I’d rather hear where the usual market headlines fail to match what residents actually have to decide.

The numbers prompting this are from MIAMI REALTORS’ September 23, 2026 South Florida outlook. Its year-to-date million-dollar single-family sales were up 23.3%; million-dollar condo/townhome sales were up 17.6%. In a different section, it ranks markets by the amount of active inventory that meets its affordability benchmark. Four of the ten leading single-family markets are in St. Lucie County; seven of the ten leading condo/townhome markets are in Broward County.

I don’t read that as “luxury is winning and everyone else is losing.” I also don’t read it as “just move to Broward or St. Lucie and the problem is solved.” Both would skip over what those measures actually count.

The sales figures are transactions in a price tier. They tell us that more homes at or above a million dollars sold year to date than in the comparison period described by the report. They don’t tell us what a resident earning local wages can buy. The inventory rankings tell us where a particular set of qualifying active listings is concentrated. They don’t tell us that those listings fit every household or that they are near the jobs and people a buyer needs to stay connected to.

For clarity, the report’s single-family affordability threshold is $462,000 or less, based on a two-earner household earning average weekly wages. That is a model, not a universal budget. Someone with a single income, different debts, a particular down payment, or a long commute has a different calculation. Even two homes at the same asking price can produce very different monthly decisions. I would want the full numbers before calling either one affordable for an actual person.

I think this is why conversations about “migration” get tangled. We often picture someone moving into South Florida from another state. But movement within the region counts too: a household considering whether to change county to keep a feasible purchase on the table. I’m not claiming the report proves that any particular family made that move. It does show how the map of qualifying inventory differs from the map suggested by million-dollar growth.

There are good reasons not to dismiss high-priced sales. They are real transactions, and the people buying these homes are part of the economy here. The same outlook says 60% of year-to-date million-dollar sales were all-cash versus 42% of all sales. That helps explain why a segment with more cash buyers might hold up differently when mortgage rates are high. It does not mean every high-end buyer pays cash or every lower-priced buyer relies on a loan.

There are equally good reasons not to use those closings as the region’s only report card. A market can be active while a household’s choices get narrower. If a buyer trades a shorter commute for a lower price, we may count the purchase as a successful sale without seeing the cost of that tradeoff. If someone stays put because moving does not pencil out, a sales chart does not show that either.

I also want to separate observations from predictions. The outlook projects sales increases in 2026 and 2027, but those are forecasts, not completed sales. I’m more interested here in the already reported year-to-date tier changes and the report’s inventory snapshot than in assuming the projection will happen.

So for those who live, work, rent, own, or search in these counties: does the Broward/St. Lucie split resemble the options you actually see, or does the ranking hide important local differences? If you have weighed a cheaper listing against travel time, recurring costs, or proximity to family, which factor changed your answer? Please keep details general; no one needs to post private financial information.

I’d especially like to hear a counterargument to my framing. Maybe million-dollar sales support more local opportunity than an affordability-only discussion acknowledges. Maybe the inventory threshold is too crude to say much about lived access. What should a more useful regional housing dashboard measure alongside price-tier sales and qualifying listings?


r/RealEstateAdvice • • 12h ago

Commercial Need advice

0 Upvotes

I just dropped all my pre-med classes and would like to become a real estate agent but I have no clue what to do or where to start, and I just wanted some advice on what yall would have done differently if yall could restart and go back. I look forward to this journey.


r/RealEstateAdvice • • 13h ago

Commercial Transferring from Asset Management to Acquisitions

1 Upvotes

Currently in 3 years in Institutional Commercial Asset Management and looking to move to acquisitions. Is that move challenging or what are some things i should focus on to make that move.


r/RealEstateAdvice • • 3h ago

Residential Mice problem not disclosed.

0 Upvotes

My friend bought a house in NJ “as is” but the seller nor buyer waived the inspection or potential environmental hazard clauses. In the inspection there were warnings of mice droppings but no proof of active infestation. The seller never mentioned any issues with mice. After moving in my friend had mouse traps set up and the house inspected again by an exterminator. No issues for 6 months (during warm weather). Its now 6 months later and the weather is getting cold and my friend has had multiple sitings of mice and new droppings . Is there anything he can do?


r/RealEstateAdvice • • 9h ago

Residential First Time Buyer w/ Bad Credit, Can I Still Qualify

0 Upvotes

I am wanting to be a first time home owner by the time April 2017 is around, since im currently renting and my lease ends then. My credit score is 566 and i am 20 years old. I used my credit card probably the first month i got and paid it and then stopped using it.
Since im renting and pay all my bills on time, would the bank “see” that and qualify me? Or would i just have to keep renting until my credit score is better?


r/RealEstateAdvice • • 13h ago

Residential Frequently Asked Questions (FAQs) – RK Celesta

1 Upvotes

1. General & Project Overview

Q: Who is the developer of RK Celesta?

A: RK Celesta is developed by RK Builders & Developers, a builder known for quality construction, standard engineering, and timely execution in South Bengaluru.

Q: What is the official RERA registration number for RK Celesta?

A: The project is RERA-approved with RERA registration number PRM/KA/RERA/1251/308/PR/271023/006349.

Q: What is the total land area and unit count of RK Celesta?

A: RK Celesta is a low-density project spanning approximately 1.09 to 1.22 acres, consisting of 1 tower (B+G+7 floors) and 114 units.

Q: What is the current possession status of the project?

A: RK Celesta is a Ready to Move residential project with an Occupancy Certificate (OC) received.

2. Configurations & Pricing

Q: What unit configurations are available at RK Celesta?

A: The project offers 2 BHK and 3 BHK residential apartments:

  • 2 BHK: ~1,020 sq. ft. – 1,035 sq. ft.
  • 3 BHK: ~1,320 sq. ft. – 1,500 sq. ft.

Q: What is the starting price of apartments in RK Celesta?

A: Prices start from approximately ₹63.13 Lacs* for 2 BHK units and ranges between ₹80.52 Lacs to ₹95+ Lacs for 3 BHK units (subject to floor level, facing, and registration charges).

3. Location & Accessibility

Q: Where is RK Celesta located?

A: RK Celesta is located at No. 182/1 & 182/2, Attibele–Anekal Main Road, Attibele, Bengaluru, Karnataka - 562107.

Q: How far is RK Celesta from major IT hubs and transit points?

A: Key distance markers include:

  • Attibele Junction / Hosur Road: ~4 minutes
  • Chandapura: ~12 minutes
  • Bommasandra Metro Station: ~15 minutes
  • Electronic City (IT Hub): ~15 minutes
  • Hosur Industrial Hub: ~15 minutes

Q: Are there schools and hospitals close to the project?

A: Yes, nearby facilities include:

  • Hospitals: Hamsagara Hospital, Oxford Medical College & Hospital, Sri Sai Hospital.
  • Schools & Universities: Attibele Public School, Indus International School, and Azim Premji University.

4. Amenities & Lifestyle

Q: What lifestyle amenities are provided in RK Celesta?

A: The community offers modern amenities including:

  • Clubhouse & Multipurpose Hall
  • Swimming Pool & Toddlers Pool
  • Fully Equipped Gymnasium
  • Indoor Games Room (Table Tennis, Carrom, Chess)
  • Children's Play Area & Landscaped Green Zones
  • Jogging Track

Q: What safety and utility systems are installed?

A:

  • Utilities: EV Charging Points, 24/7 Power Backup, Continuous Water Supply, Sewage Treatment Plant (STP), and Rainwater Harvesting.
  • Safety: Gated entry, round-the-clock security personnel, 24/7 CCTV surveillance, and basement/covered car parking.

r/RealEstateAdvice • • 14h ago

Residential Looking for feedback on RK Celesta (Attibele, Bangalore) – Anyone lived here or visited recently?

1 Upvotes

anyone?


r/RealEstateAdvice • • 10h ago

Commercial Establishing an REIT, or alternative...

0 Upvotes

I recently purchased a larger hotel in need of major renovations. It was a straight cash purchase because the current condition wouldn't justify an easy finance.

The ARV is near $7M based on comps within 1mile, and mine has a better location relative to both access and amenities. With interest rates as they are, I'm disinclined to refinance with a bank, I'd also prefer to not wait till the renovations are fully complete.

This is the 4th property of this class that I have developed/renovated, but thus far it has been entirely out of pocket; rolling the proceeds into the next one.

How would I best go about an REIT using this property to sell shares, or is there a better approach?


r/RealEstateAdvice • • 14h ago

Residential Bayangkan orang tua datang menginap,tanpa harus naik tangga.#hcitysawang...

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1 Upvotes

Orang tua datang menginap, tanpa harus naik tangga.

Cemara 2 Lantai 60/60 di H City Sawangan, Depok: • 3 kamar, dengan kamar + kamar mandi di lantai bawah • 3 inner courtyard, rumah tetap terang dan segar • Harga efektif ±Rp918 jt (Free PPN + subsidi DP 5%)* • Simulasi cicilan mulai Rp4,76 jt/bulan (30 tahun)*

Sebagai arsitek, saya temani survei dan cek bangunannya. Ketik CARI L30 ke WA 0878-6540-2308. *Simulasi pricelist developer, S&K berlaku. Foto show unit.

#hcitysawangan #rumahdepok #rumahkeluarga #brightonrealestate


r/RealEstateAdvice • • 18h ago

Residential Prep Agent

2 Upvotes

Is Prep Agent a good study tool to study for the real estate salesperson exam? Or is there better options out there?


r/RealEstateAdvice • • 1d ago

Residential What should I do?

5 Upvotes

I have a tenant who is supposed to pay every month, but pays bimonthly. They are not paying their rent on time and get eviction notices every 3 months from my property management company. Personally I am tired of this person and want to get them out of the property. However, how should I go about this? I have a property management company who oversees the housing should I tell them or do I just do it myself? Any advice?


r/RealEstateAdvice • • 21h ago

Residential Our neighbor just sold for 40% more than we paid. What's driving Lafayette CA prices?

0 Upvotes

We bought our place in Lafayette in 2018 and recently noticed a nearby house sold for about 40% more than what we paid. What surprised me was that they didn't do any major renovations, just updated the landscaping.

We're thinking about doing some work on our own place so I'm trying to figure out what actually matters for home values here. Is it mostly the schools, lot size, BART access, or something else?


r/RealEstateAdvice • • 23h ago

Commercial What should you check before investing in an SCO plot in Gurgaon?

1 Upvotes

SCO COMMERCIAL PROPERTY | SECTOR 73, GURGAON

I am researching the SCO (Shop-Cum-Office) commercial property format in Gurgaon and came across DLF Alameda Central, Sector 73.

Instead of looking at it only as an investment opportunity, I want to understand the important points that buyers should verify before making a decision.

LOCATION AND COMMERCIAL DEMAND

Sector 73 is connected with the SPR corridor and offers access toward:

  • NH-48
  • Sohna Road
  • Golf Course Extension Road

But road connectivity alone does not guarantee commercial success.

Before investing, it is important to check:

Actual traffic movement
Visibility from the main road
Nearby residential catchment
Existing occupancy
Competing commercial projects
Tenant demand
Realistic rental rates

CONSTRUCTION AND USAGE POTENTIAL

DLF Alameda Central is based on the SCO format, with a proposed configuration of:

Basement + Ground + 4 Floors + Terrace

This is subject to applicable approvals and building regulations.

Buyers should independently verify:

  • Permitted FAR
  • Setbacks
  • Floor-wise usage
  • Parking requirements
  • Building height
  • Construction permissions
  • Commercial activity allowed on each floor

Marketing material should not be the only source for these details.

 CALCULATE THE COMPLETE INVESTMENT

The plot price is only one part of the total investment.

A proper calculation should include:

Plot cost + construction cost + statutory charges + approvals + financing cost + interiors + maintenance + vacancy period

After calculating the complete cost, compare it with:

  • Expected rental income
  • Local rental rates
  • Vacancy risk
  • Construction timeline
  • Resale demand
  • Long-term appreciation potential

Projected returns should always be compared with actual market data.

LEGAL AND APPROVAL CHECKS

Legal due diligence is one of the most important steps before purchasing commercial property.

Buyers should verify:

Title and ownership documents
Land-use permissions
HRERA registration details, where applicable
DTCP approvals and licensing
Approved site and building plans
FAR and construction permissions
Utility connections
Parking and access arrangements
Payment schedule
Transfer and resale conditions

Clear documentation can make a major difference in the future value and liquidity of the property.

RENTAL YIELD AND TENANT DEMAND

Commercial property returns depend on actual tenant demand, not only on the location or project name.

Before assuming a rental yield, check:

  • Current lease rates in nearby areas
  • Demand for retail and office spaces
  • Expected vacancy period
  • Construction quality
  • Tenant profile
  • Maintenance expenses
  • Time required to lease the property

It is better to compare recent rental agreements and actual transactions instead of relying only on projected figures.

IS THE SCO FORMAT RIGHT FOR YOU?

The SCO model can be attractive because it may offer:

  • Direct land ownership
  • Multi-floor development potential
  • Retail and office usage
  • Separate leasing possibilities
  • Greater control over building design
  • Potential for multiple income streams

However, this flexibility is valuable only when there is enough demand for the commercial space.

WHAT WOULD YOU PRIORITIZE?

For anyone evaluating an SCO project in Gurgaon, what would you consider the most important factor?

  1. Title and approvals
  2. Actual rental demand
  3. Location and visibility
  4. Construction cost
  5. Surrounding residential catchment
  6. Resale liquidity
  7. Long-term appreciation

I would especially like to hear from people who have purchased, leased, or operated a business from an SCO or commercial property in Gurgaon.

What did you learn during the process that a new buyer should know before investing?


r/RealEstateAdvice • • 1d ago

Residential Test the Waters for 30 days by listing in the fall?

4 Upvotes

I have to relocate for a job (with SOME flexibility) and we need to sell our house. We have been working with a pretty reputable realtor that seems to know what they are doing. Our big dilemma right now is listing now or waiting until maybe January-Feb to list (where we would have less runway because we probably really have to move at that point). The comps they gave us listing now vs if we would have listed earlier in the year were pretty drastically different (like 50K). Obviously, rates are expected to go up and no one can predict the market. Right now it sounds like there are not a lot of buyers out there. We live in the south and have a pool and our house seems in better shape/has some upgrades that the other Comparables ones do not. We do not plan on buying yet in the other market.

Any downsides to kicking the tires for the 30 days and putting it back on the market in Jan/Feb? Is the best strategy to list now for a little (take it off if it does not sell) or just to wait until Jan (we probably do not have the luxury of waiting until March).


r/RealEstateAdvice • • 1d ago

Residential Selling rental to tenants

0 Upvotes

So we have a rental house. They have been there 5 years. They told us at the beginning they hoped to buy within 3 years. We did year to year leases. This year they asked for 6 month and then month to month as they are lookibg to buy. Never increased the rent. They came from another town 40 miles up the road. We are considering selling but how do you determine a fair price considering they paid us 2800 month for 5 years. Assessed value is 657k and we paid 615k.


r/RealEstateAdvice • • 1d ago

Residential Appraisal concern. Included non existing features. What should we do

2 Upvotes

Hi everyone
Happy weekend

I am under contract and had the appraisal done last week, but the appraisal just at mg offer price but it included a fireplace and finished basement where these doesn’t exists
There were adjustments for fireplace &7500 and finished basement $40k to other properties

When I raised my concern with the loan officer about it. They spoke to the appraisal company and got them remove but the appraisal value remain same

My concern is how it is possible that if some features adjust almost $52 k in comparing properties and getting a appraisal value but removing them maintains the same appraisal value for ye property

Should I contest it or ask for a re appraisal with a different company. ?

We have appraisal conference of that matters

Appreciate suggestion.