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701 posts tagged with realestate.
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Help first-time home buyers figure out the unknown unknowns.

We are thinking of moving out of the city to live in a suburb of Boston. It seems like a mysterious, scary, massive step to take. Do you have experience in real estate? Have you moved from the city to a suburb? Please help us think through the pros, cons, and logistics of buying a house for the first time, like we're 5 years old. [more inside]
posted by Salvor Hardin on Jan 20, 2015 - 33 answers

Real estate lawyers: worth it for "normal" homebuying? (Ontario, Canada)

My wife and I are actively looking to buy a house in Kingston, Ontario and have been working with a real estate agent that we're quite happy with. What would the advantage of having a real estate lawyer in the mix be? We're considering modestly priced single-family homes, possibly with an added apartment, and not sure what value we'd get by adding about $1,000 in legal fees to the proceedings. [more inside]
posted by Shepherd on Jan 14, 2015 - 11 answers

Recommend a good real estate agent in Ballard, North Seattle

Could you recommend a good real estate agent who really knows the Ballard neighborhood of Seattle? The Mr and I have rented in Ballard for 5 years and we want to stay here when we buy a home. We've run the numbers and we can afford it (now), but since there is so much subdivision and new construction, we want someone who's really got their finger on the pulse and can almost see the future. [more inside]
posted by matildaben on Jan 8, 2015 - 4 answers

How do we determine a property's value and clearance?

My friend is inheriting a house and some land in Connecticut. There was some confusion about property lines and some chatter re: possible "restrictions" on developing the land, so they got a new property survey. There is a note on it "Rights, restrictions, encumbrances, covenants, easements, etc., as per the record may appear" Question- 1. How do they know the property is clear (if that is the right word)? 2. How to determine the current market valuation? Start w/ an Appraisal and Home Inspection? 3. Is the survey deductible? Any other thoughts are welcome.
posted by ebesan on Dec 29, 2014 - 6 answers

An Irish Real Estate question...

I've been looking at real estate in County Cavan, Ireland and have a question about the wording. I notice that the word "derelict" is used - does this have a specific meaning in Irish law as it relates to property, or are they using it in the common sense of neglected? There are a lot of properties that are described as derelict but look entirely livable with a few weeks labor. [more inside]
posted by Tchad on Dec 18, 2014 - 4 answers

Tips for selling a rental property?

I have a house that I need to sell. It's currently occupied, and the tenants really love living there. I don't want to ask them to move out until I close, both because I need the rent to pay the mortgage until I sell, and because it's just mean to ask them to move out in winter (they've got two little kids). So I'm going to put it on the market while occupied. Are there any best practices here? [more inside]
posted by rabbitrabbit on Dec 2, 2014 - 13 answers

Book recommendation for a first time home buyer in Canada

Can anyone suggest a good book for a first time home buyer in Canada? My wife and I are hoping to purchase our first home in the coming months and we're a bit intimidated at the process. I've seen similar questions before, but the books seemed to be directed at people located in America and I don't know if those would be as applicable or not.
posted by Proginoskes on Nov 25, 2014 - 3 answers

Is change in executive staff a red flag for business lenders?

I would like to know what happens when a lender finds a recent change in leadership during due diligence for a loan, such as a business loan or a real estate loan to an organization. [more inside]
posted by anonymous on Nov 10, 2014 - 1 answer

Help Me Find a Real Estate Agent in Port Charlotte, Florida Area

I have a small undeveloped lot that I would like to sell. I am looking for a reputable agent to help me do this. [more inside]
posted by terrapin on Nov 9, 2014 - 3 answers

Converting single family to 3-family in Boston

I am thinking of buying a brownstone in Boston as an investment property. It contains three apartments, but the legal status is currently only one-family. Historically it was a legal three-family, but previous owners changed the occupancy to one family in1973. There are currently three totally separate apartments that are being rented despite it only being a one family. My question is what is the procedure and cost to get it back to legal three family status? [more inside]
posted by cmp4Meta on Nov 6, 2014 - 3 answers

Is it dumb to buy a first home without a real estate agent?

I am considering buying my first home, and the potential seller has floated the idea of a private sale to the mutual friend who told me about the house. Is this a totally terrible idea? [more inside]
posted by looli on Oct 26, 2014 - 21 answers

Making an offer on a fixer-upper co-op apartment (NYC filter)

My husband and I are considering bidding on a fixer-upper co-op apartment in New York City, and are uncertain about how much to bid. More inside! [more inside]
posted by merejane on Oct 21, 2014 - 5 answers

Another Real Estate Question: Buy & Rent a Condo From Afar?

If I wanted to buy a house or condo in a distant state as an investment, and I had an opportunity to buy a place outright, with tenants and leases already in place, should I? How about outright but sans tenants? More info within. [more inside]
posted by toomuchkatherine on Oct 17, 2014 - 15 answers

Foundation replacement or repair: do it or sell & move on?

This is a 'tap the judgment power of the hivemind' question. About a year ago I bought an old house (1920s) in a 'gentrifying' neighborhood in Saskatoon. On July 1st I discovered that the basement rug and drywall were soaked: I had the basement finish ripped out down to the studs and discovered several large cracks in the foundation. I need to repair this if I want to stay, but I can't decide if it's worth it, or if I should just move. Based on what's within, what do you think? [more inside]
posted by jrochest on Oct 16, 2014 - 14 answers

Are these Philly apartments too good to be true?

Philadelphians: Are AIMCO-owned apartment complexes like The Sterling, Park Towne Place, and the Riverloft reliable places to live? Their location's hard to beat and they offer excellent amenities. They're poorly-reviewed on sites like Yelp and Google, but the things the reviewers complain about often strike me as trivial. How can I figure out if these places offer what I'm looking for? (Bonus points: have any of you lived in any of these locations yourselves?) [more inside]
posted by rorgy on Oct 14, 2014 - 8 answers

I sold my house. Yay! Now what?

Yay! I finally sold my house and have the check from the title company in hand. I made money on the sale of the house, but I have a few questions about how to maintain my investment. For tax purposes, does this qualify as "income"? Will I be assessed a Capital Gains Tax? Is a money market the best place to keep the cash from the sale? Please help a money noob... [more inside]
posted by chatelaine on Oct 14, 2014 - 15 answers

Eco-conscious home buyers?

When selling a house with lots of eco features that are rare in the area (large solar array, efficient dual-fuel HVAC, new insulation/sealing, etc.), how could the sellers network / advertise to reach potential buyers who care about these features? (Location is a Philadelphia suburb and price is typical for the suburb, around 300K.)
posted by kalapierson on Oct 11, 2014 - 9 answers

Tell me what to look for when buying a home with an attic or basement...

We are starting to look at purchasing a home. I'm loving the idea of having a basement or converted attic or attic that could be converted. What should I be looking for to evaluate whether the basement or attic space is good? [more inside]
posted by amanda on Oct 11, 2014 - 12 answers

How can I sell my 50% stake in a 10 acre property in Bucks County, Penns

A friend (no, really!) will officially be divorced next Monday, and will then own 50% of a residential property in Bucks County, Pennsylvania. The property has one house (that's basically a teardown), currently occupied by their ex (with no intention of selling), and one barn. The rest is undeveloped property. The property is in a great school district (Central Bucks). Is there ANY way they can sell my 50% stake in the property. They're wiling to sell at a discount and talk to developers, banks, private investors, whatever.
posted by NYC-BB on Sep 29, 2014 - 14 answers

How can I collect real estate payments due from my ex-wife?

My ex-wife has not paid her monthly fees on the land I sold her in 9 months now. Confounding details within... [more inside]
posted by anonymous on Sep 27, 2014 - 11 answers

Slap me twice: real estate sale

People answered my earlier question nicely and the tenant who was in the condo has left. I am going to sell the place, and I have a pretty bad history of understanding real estate transactions; please help (US market) [more inside]
posted by jet_silver on Sep 26, 2014 - 17 answers

Down payment assistance

I am saving up for the down payment on a co-op apartment here in NYC. I'll estimate the sum of said payment to be in the $30-$50K range, based on current co-op prices and a down payment requirement of 20%. [more inside]
posted by the hot hot side of randy on Sep 15, 2014 - 17 answers

Should I cash out my golden ticket?

My home is worth at least 2x my mortgage. Should I sell or hold on? [more inside]
posted by momochan on Sep 13, 2014 - 20 answers

How much does a good school matter?

Please help me think about whether it is worth moving to a better school district. [more inside]
posted by anonymous on Sep 4, 2014 - 27 answers

New Jersey explain yourself

Help me understand the world of commuters to NYC living in New Jersey. Which towns would be best for me 'N' my fam? How do people do it? [more inside]
posted by Potomac Avenue on Sep 3, 2014 - 20 answers

investment property novice seeks… uh… what should I seek?

This question is for the Askmefi'ers who own or have owned rental properties in the USA, especially if you've used a property manager to manage it for you. Please tell me everything. [more inside]
posted by fingersandtoes on Sep 2, 2014 - 10 answers

Which of these two offers on our house should we pursue?

Complicated situation with two competing offers on our house (Missouri, USA). What should we do? [more inside]
posted by slenderloris on Aug 27, 2014 - 20 answers

Screaming kids are my neighbors, and I am at a loss

I'm debating letting my neighbors know that we can really hear their kids screaming, but I'm not sure if I should. Talk me into or out of it. [more inside]
posted by juniperesque on Aug 26, 2014 - 38 answers

Save me from suburbia!

So, our neighborhood has never been the awesomest in terms of violent crime and drug stuff (in Toronto, btw), and some sudden recent changes are about to make it even less awesome. We have little kids. We bought this house ten years ago as a "starter home we'll sell in two years" and just... never left. Now we'd like to leave. But where do we go? [more inside]
posted by lizifer on Aug 23, 2014 - 16 answers

What areas within 5 hrs of New Jersey have cheaper real estate?

My fiance and I live in NJ and work at a major pharmaceutical company as scientists making decent money. What cities/towns within a 5 hr drive of north Jersey have cheap real estate where it's realistic to buy a house for < $250k yet still have major pharma/chemical/related employers? [more inside]
posted by never.was.and.never.will.be. on Aug 22, 2014 - 6 answers

New York noob needs apartment quickly

My daughter was fortunate enough to get a job in Manhattan right after graduation. Now she's looking for an apartment for 9/15 or 10/1 and is feeling overwhelmed because she's not familiar at all with the area. Help! [more inside]
posted by stupidsexyFlanders on Aug 22, 2014 - 49 answers

NYC plumbing cost. Recommendation for queens/north brooklyn plumbers?

We're doing a pre-war renovation in Jackson Heights, Queens, NYC where our co-op requires we have a plumber replace the branch piping, new valves and shower pan for both the bathroom and the branch piping/valves in the kitchen. Questions: i) Is the below cost estimate reasonable. ii) Any recommendations of pre-war savvy licensed/insured plumbers in Queens or North Brooklyn? [more inside]
posted by lalochezia on Aug 22, 2014 - 0 answers

Where to live in the Capital Region (upstate NY)?

We may be moving to upstate NY, and would like advice about where to live. We're looking for an apartment right now, but would hopefully be looking for a house at some point. [more inside]
posted by Kriesa on Aug 21, 2014 - 6 answers

What should I know before buying a house in Seattle?

What should I know before buying a house in Seattle? We have a pretty good sense for the neighborhoods (leaning toward Queen Anne or Magnolia) but... How does one find a good real estate agent? (How important is that?) Are there some months that are much better/worse? (We can rent a while before we buy.) Other stuff?
posted by CruiseSavvy on Aug 20, 2014 - 8 answers

How much does it cost to build a house?

We just moved to northern Bergen County, NJ, and notice that a lot of the older homes in our neighborhood are being sold, torn down, and brand new houses are being built on the property. How much does that sort of thing cost? [more inside]
posted by ThePinkSuperhero on Aug 10, 2014 - 11 answers

Walking away from a Canadian mortgage

I want to walk away from my home and mortgage because I purchased a tainted property. The fellow next door is a (locally) notorious ex-convict and sex offender. [more inside]
posted by anonymous on Aug 6, 2014 - 12 answers

Loan for renovation of NYC Co-Op Apartment ? (no HELOCs/mortgages)

Loan for renovation of NYC Co-Op Apartment? (no HELOCs/mortgages). [more inside]
posted by lalochezia on Aug 5, 2014 - 4 answers

When is a home inspection report useful?

I am buying a house and wondering whether a written home inspection report is much more valuable than an informal verbal report. [more inside]
posted by no1hatchling on Aug 2, 2014 - 14 answers

Seeking a little patch of land under big skies

tl;dr: If you were looking for a place in the U.S. where you could own some land, in beautiful, lonesome country (utilities entirely optional) -- ideally in the mountains or the high desert -- on which to live intermittently throughout the year, where would you look? [more inside]
posted by deathmarch to epistemic closure on Jul 29, 2014 - 28 answers

Reinvesting tax break

My father owns several acres of land that was given to him by his father when he was 16 or so. He is finally trying to sell it. He is under the impression that after the age of 55 (he is in his 60's and retired), you are entitled a one time tax free reinvestment. Is this true? [more inside]
posted by MayNicholas on Jul 25, 2014 - 13 answers

Moving to the Bay Area -- where to live?

My spouse is about to be offered a new job that splits time between Emeryville (most of the time) and Redwood City. Where should we look for a house? Bonus earthquake question. [more inside]
posted by anonymous on Jul 12, 2014 - 23 answers

Mortgage dilemma: seems like there is no optimal solution?

This was me a few months ago: Rent or sell my condo at a loss? Well, now I've decided to sell it. But have a question about what to do about my mortgage. [more inside]
posted by myorangesocks on Jun 26, 2014 - 1 answer

Real estate agent recommendations in Manhattan/NYC?

We're thinking seriously about buying a place in Manhattan (and possibly Brooklyn). We have a fairly unique split search (one strand of which is focused on looking for a place that will lower our costs, and the other strand of which is focused on finding a place that might increase our costs a little bit). We need recommendations for honest, intelligent, and very capable real estate agents to help. [more inside]
posted by yellowcandy on Jun 16, 2014 - 6 answers

Regret and home renovations: is it worth it?

I am considering two properties for purchase. One of them is straightforward and the other is complicated (multiple parcels, over 20 acres of land, has tenants living in the cottage, needs to be significantly renovated). I am looking for those with experience to offer advice on whether purchasing a property with major issues like this is worth it. [more inside]
posted by treehorn+bunny on Jun 12, 2014 - 40 answers

NJ Real Estate - Split Listing Question

Hello, I am new in the Real Estate business, and I don't have too many people to ask questions to. I am going to list my parents house for sale as an agent, this woman offered to help guide me through the process if I split the listing with her. She originally wanted 50% of the commission, I told her that was not going to happen, I offered 25%. The way she explained it, is that when my parents sign the listing agreement, both her name and my name have to be on the listing. I am nervous about this proposition, I am wondering if I could somehow get her into a subagency contract for 25%, rather then having her directly on the listing? ------ Thanks, Leon
posted by MrLLG on Jun 11, 2014 - 5 answers

Can my parents make me a mortgage loan?

Trying to buy a house. Have money for a down payment, but I'm self-employed and was turned down for a traditional loan. My parents are willing to lend me the money I'd need for the balance, and have me pay them back with interest, á la a mortgage loan. Is this doable? [more inside]
posted by toomuchkatherine on Jun 5, 2014 - 12 answers

Tell me about owning a vacation rental property in Florida

We are considering buying a second house as an investment property in the Orlando area. We'd rent it out on a weekly basis through a management company. Help us decide whether or not this is a good idea. [more inside]
posted by bassomatic on May 30, 2014 - 4 answers

Where to do (online) real estate training?

I'm going to get my real estate broker license and want to take the required class hours online (90 for WA state). There are a number of sites that offer the classes, however none have impressed me in the least. Is there something out there I just haven't found? [more inside]
posted by shawnmk on May 25, 2014 - 2 answers

Ethical 30-year fixed co-op mortgage in NYC?

NYC MortgageFilter. We want an affordable 30 yr fixed 80% LTV co-op loan that underwrites quickly - but! With either ethical considerations or portfolio from a local lender. Need reccs. for lenders and especially loan officers please; or really savvy NYC mortgage brokers. [more inside]
posted by lalochezia on May 20, 2014 - 6 answers

How big a deal is it to live near a fire station?

Based on your experience, do you think we are going to regret buying a home near a fire station? [more inside]
posted by handful of rain on May 12, 2014 - 40 answers

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