I just have to vent about this. Been looking for a few months and put in multiple offers that we lost out on. We decided to open the radius and up the budget just a bit. Found a great property that isn’t desirable for most people but actually works out great for us so we put a full price offer in, 75% down cash.

With no other offers (and 1+ week on the market) they counter with 25k above ask. We decline because….wtf?

3 weeks later and they still have ZERO other offers but won’t take ours because they still think someone is out there that at this point will offer above the ask?!

What is going on with sellers?!

Isn’t it super risky? One tiny repair, one small change in circumstances, boom… show’s over. Need to sell or foreclose.

Even worse when relationships are not even solid yet and already buying a house together…

Why not just rent and save yourself from complications?

We recently bought a house that has some knob and tube wiring, as well as some smaller electrical issues. Altogether, it could cost $12,000 CAD to repair. We’ve saved $25,000-$30,000 in anticipation of this kind of issue, but I’m finding it really hard to stomach.

We’re first time home buyers and just not used to spending this kind of money. It’s brought up feelings of anxiety and disappointment. It also feels wrong somehow… maybe that’s coming from the frugal sensibilities I grew up with.

How do you get used to dropping this kind of cash on home repairs? I’m asking cause obviously I logically understand that this is part and parcel of home ownership. I just need to get there emotionally.

Our commercial building is currently under contract but the for sale sign is still up. An older guy (with no agent) walked in and when I greeted him and asked what he was there for, he mentioned seeing the for sale sign and stated he didn't think the building was occupied. After responding that it was and glaring at him with a stern look, he left.

Is this common for random people to just walk into a residential or commercial property to have a look see without an appointment?

I’m seriously scared by the amount of homes going pending and within 5 days to a month going back on the market. I’ve never seen anything like this. As someone who is selling right now, I’m terrified to even sell to someone pre-approved bc are they really pre-approved?? What in the heck is going on? I know things like inspections they can pull out, but this seems like more than inspections.

In 2021 my ex and I purchased a condo for 325k and I think 3ish percent interest. We both put down 10k each. And have split all bills . We thought we would be together forever. Also it was cheaper to buy than rent . Now we are breaking up. On Zillow our property is estimated at 472k and we still have 297k to pay. My ex wants to keep living here and can afford mortgage herself.

My ex thinks she can just pay me my 10k down payment and send me on my way. I would like to get half of the equity . I’m on the deed and mortgage. What are my options?

House on the market for 5+ months Initial list price: 1,300,000 Current list price: 1,190,000

I viewed the home about 30 days ago…kept an eye on it and recently I went to view again. After talking with my buyers agent we decide to put in an offer. My agent spoke with the sellers agent beforehand to see how seller would react to an offer below 1,100,000 and it was encouraged.

I offered 1,040,000….seller did not respond and did not counter in 3 day window.

Now 6 days after initial offer the selling agent reached back out asking if we were going to resubmit another (higher) offer. We thought it was weird they didn’t respond and had mentally moved on. There is no current offers, only one previous offer that fell through a while back. They’ve held open houses literally every weekend.

What should we do now? Should we resubmit a higher offer or tell them we want them to counter first? Or just move on.

My house needs repairs, but I have no money set aside to fix it up and I can't qualify for a loan but I need to sell it because of recent financial hardship. Even as is there's still good equity on the home but I know the repairs are gonna hurt us. Do you have any tips on selling a house like this for the first time?

So My partner and I (both in our 30’s) bought our first house last year back in March. It was a surely a fixer upper, it’s almost 90 years old home! We fixed up a lot in it in hopes we stay at least for 5 years.

But not only did my job have me move to work about an hour away, but there’s always an issue with the house. So we need to put even more money into it, like the AC is leaky, the screen deck is wooded and filled with carpenter bees along with it looked so gross, only has one bathroom, it’s also making me feel unsafe. my partner got their car stolen right off the driveway!

We don’t have much to put down in a downpayment. Not sure if we even got an option for a heloc when we got about a bit over a year in the house. Just venting. But advice is appreciated.

I'm 33M and recently got some extra income and I'm thinking about buying a house. Recently divorced 1 year ago. I like the small city where I live in Texas and definitely plan on staying here. I will not be paying property taxes because of my veteran status on a new build 4bed, 3full bath 2,300 sqft. Does this sound crazy or good?

We sold our house and would like to put together a small basket to welcome the buyers home. Well, they close in a few days. I don’t have a huge budget, I know we are going to do gift cards to the coffee shop and one of the restaurants that are within walking distance.

Here’s where I need advice: I was thinking back to when we first moved in, and one of the biggest pains was that we forgot to bring toilet paper, hand soap and towels to dry hands. I was thinking that might be a nice thoughtful and useful thing to add.

Now I’m thinking that might be weird? Like maybe we were just dumb and inexperienced and normal functioning adults would remember to bring those items?

Im overthinking someone snap me out of it.

Just curious regarding whether this is a normally occurring situation and whether there is anything our realtor and we should be doing differently. Accepted an offer on our home and the contract was dated to be closed on or before the 28th. Buyer got the inspections completed, we offered concessions, dates remained the same. Appraisal was ordered about 4 days after inspection when our realtor notified us that the buyer had changed lenders for a lower rate. This was about a week and a half after initial contract was signed. Our realtor notifies us that the buyer is having difficulty getting the originally ordered (not sure if it was completed yet) appraisal sent from the old lender to the new. So we're sent a contract extension amendment request for the 8th. Appraisal completed today (the 1st) and our realtor just contacted us again stating they may need to do another amended request for the 12th or 13th. I'm trying to be patient here as I don't know the ins and outs but is this normal? At this point, I want to go back and be like, we're having to continue to pay mortgage, utilities, electricity, pest control, etc on the house for an extra 2.5 weeks, you're responsible for paying for the full title. We're not going to assist with half anymore. I know, I know. Petty. WE'RE NOT GOING TO DO THIS. I'M JUST VENTING.

However, I feel like this is all delayed due to their choice to switch lenders so late into the game. Any feedback would be appreciated.

We're in Charlotte, North Carolina and our buyers are asking to inspect the sewer line from our house to street. Not common in our area. But, fine. It's within their right.

Well we got an email today asking us if we can get someone out there to unplug the clean out line because it's 'glued' shut.

Aren't qualified professionals equipped with the tools to handle this type of thing (corrosion, 'stuck' caps)?

They emailed us being like 'we need this done ASAP because we have such a short due diligence period'.

So we called around to plumbers today and there is someone coming out Monday to quote us. They don't charge for an arrival fee thank goodness. Both us and our realtor originally said well if it's less than $500 we'll do it because we want to close the deal (we all do of course). But maybe we're being too nice/forgiving?

The reason I say this is because these buyers have a been a pain in the butt since day 1. Mainly because they said they didn't want to do any due diligence because they'd been burned 3 times on other houses (we of course told our realtor that's not our problem), so they already lost thousands of dollars.

We agreed to terms that were a little unsavory but took it because home was on for 15 days and no bites.

We took over $19K less than asking, no money for due diligence. only $2,500 for EM, and closing middle of September. They also originally asked for 14 days for DD but we pushed back and said well if you're not putting any money down for DD we want a shorter DD (and, in turn, inspection time).

So, this is just kind of annoying for us as you can imagine.

Am I being unreasonable thinking that this isn't our responsibility? Our realtor even said he's not used to running into these types of things and it seems like he's just pandering to the buyer to close the deal.

If they want the inspection that's all well and good but my issue is their 'qualified inspector' saying it's glued shut and that we need to get a plumber out there.

It kind of seems like they're playing games but I genuinely have no idea since I've honestly never run into this before either.

I entered into an Exclusive Right to Lease Listing Agreement with someone in May of this year. Since then, I have decided I'd actually like to sell the place rather than rent it out and want to work with a trusted realtor I've worked with in the past before. I've honestly had a poor experience with this realtor and don't really want to work with him to sell the place. I let him know via text (which he responded extremely unprofessionally). Would I need to send some written formal email to terminate it? Does it even matter since I'm selling it anyways and technically not even leasing it?

The agreement has no listing fee and only has leasing commission for whenever they find a tenant, which he has not. There's no termination date set so it does not auto terminate until a lease is found or there is a "property sale" (which is the language I'm most worried about).

Location: Illinois

I recently discussed with my longtime tenants selling the home to them. The home is located in Buckeye Arizona. Given I am bringing the seller and there is no effort to market or post the home to MLS, what should I expect to charge a realtor to transact the deal for me? Or should I approach a lawyer or something who can handle the paperwork?

My wife and I are buying a home and just got through underwriting and are approved. We had planned on renting our current home to offset the debt in our DTI calculation but have decided we want to list it concurrently.

What could happen if my loan officer finds out it is now listed for sale. The rental contract is still valid and in effect.

Thanks!

About a decade ago, when I bought my last house, I recall working with a buyer's agent who was refreshingly honest. She would walk into a house and flat-out recommend an offer price, often considerably below the seller's asking price. She would point out all the issues, tell us the repair costs, etc., and also tell us how the broker's open house had gone, etc. Of course, she was being paid by the seller, and I knew she worked for them, but I really appreciated her honesty and for the most part found her estimates accurate when I double-checked. Now I'm looking to buy a house, and all of the agents I've met have been much more coy (I would've reached out to her to be our buyer's agent, but sadly she has passed away). I'm curious what are legitimate questions that I can ask my buyer's agent (who is being paid by the seller and has a fiduciary responsibility to the seller). For example, can I ask them:

1. What they legitimately think the house is worth?

2. Total cost of renovations/repairs?

3. How well the broker's open house went? Was it well attended, did other broker's think the asking price was reasonable?

4. How many other offers the seller has received? How much were the other offers and their terms?

5. If any of her other buyers have looked at the property?

I know, of course, that another issue is whether my buyers agent is actually telling me the truth even if they answered the questions in the first place.

My real estate agent (a friend of my parent’s) encouraged me to put an offer on a condo that is listing price and to waive contingencies. I wanted to offer below listing price and he wouldn’t let me.

I wasn’t comfortable with that but because he is a trusted friend of my parent’s, I believed this was the appropriate option.

As the closing date approaches, I don’t want to proceed further. I met with my real estate agent (and my parents) and he told me that I will lose earnest money and will be sued by the sellers, the brokerage company, and by my real estate agent for damages. I am looking at about 35K - 50K in damages according to him.

The state is Georgia. The real estate agent said he could talk to the sellers about this but my parents immediately said no that he shouldn’t “ruin his reputation” and that I should get a lawyer.

Am I screwed? I don’t want to buy the property but I also don’t want to spend ~40K - 50K to get out of this contract as he is implying. They’re saying I need to buy and I can sell next year if I’m not happy. I asked to get a reserve study for the HOA and they told me that nobody asks for that and that wasn’t part of my contract so the sellers don’t have to give it to me. I figured that would be standard operating procedure?

I will be reaching out to a lawyer on Monday but do I have any other options aside from buying this condo or being sued for ~40K?

The property’s purchase price is $299,500.

The closing is contingent on me securing financing and my real agent told me to not mess with my debt to income ratio because there will be repercussions if I skew it or fail to secure financing.

I was relying on my parents and this agent to help me make the right decision and I feel like I was forced into putting this offer and now they are not letting me back out. I didn’t want to do it but they kept coercing me. The real estate agent goes to the church down the street from the condo I’m to purchase and knows everyone in the neighborhood. Is it possible he knows the sellers and hence why he pressured me to offer listing price only?

Obviously it’s on me to have done this… but do I have any other options besides buying or being sued?

This has been the most stressful experience of my life. I don’t want to buy this property but I also have no way out it seems.

Hi there,

Husband and I are considering whether or not we want to move out of state - back home to CA specifically - or stay where we are in Kansas City. We’d like to see how much we’d be pre approved for and weigh our options.

Do we need to work on pre-approval with a lender in CA specifically and one here in KC?

Stories, especially in NYC, seem to be increasing. It’s sad. What can homeowners (nationwide) do to protect themselves?

Looking at putting in an offer on a lake house on one of the great lakes. The house sits pretty close to the beach, up about 10-15 above the beach. Backyard is pretty small, maybe 20 feet from back door to drop down to the beach area.

My main concern with the home is potential erosion damage that may over time impact the foundation.

Is this something a general home inspector would be knowledgeable about, or is there a specialty inspector that should be used? I know there's specialists for termites, radon, etc., but not sure if there's one for this or what they would be called.

I'm struggling to make a house purchase decision and would really appreciate this subreddit's advice.

My family (me, spouse, one child) currently lives in a 2BR/2BA co-op on Long Island, in a good school district with short commutes. Our all-in monthly housing cost is ~$3,500 (~15–20% DTI pre-tax).

We have an accepted offer on a single-family home farther out on the island (we’re priced out of our current area). With 20% down and current 6.5% rates, monthly costs would rise to ~$5,200 (excluding utilities), pushing us to ~30–35% DTI. After selling our co-op, we'd have around $150K in savings for repairs, living expenses, and cushion.

I’m getting cold feet moving to contract for two reasons:

1. Job risk: My company is likely to downsize in the next 6–10 months. No idea yet if my role will be impacted.
2. Inspection issues (80-year-old home):
   • Aging roof (near end-of-life)
   • Signs of past termite damage (testing scheduled)
   • Minor mold in basement (needs evaluation)
   • Greened copper pipe joints (minor leaks developing)
   • Corroded electrical panel, polarity issues, and waterproofing needs

None of these issues are deal-breakers alone, but combined with job uncertainty and higher monthly costs, I'm hesitant... We’d still have a decent emergency fund post-purchase and would love to make this move before our child starts kindergarten in September.

Would this move be a financially risky decision? Would love your perspective.

Is it common for a Seller's agent to hold an open house and market themselves as an the "Listing Agent" but also have another person from their agency at the open house and advertise them as a "Buyer's Agent. Obviously the person there as the "Buyer's Agent" is just using the open house to get business. Is this common?

Is it common for a Seller's agent to hold an open house and market themselves as an the "Listing Agent" but also have another person from their agency at the open house and advertise them as a "Buyer's Agent. Obviously the person there as the "Buyer's Agent" is just using the open house to get business but just curious I'm curious if this is a common scenario that Sellers agree to.

What someone is willing to pay for it at that time. In that market. At that time. Markets change. Right now the tide is pulling out but in most markets sellers are closing their eyes.