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A Buttery Pastry posted:A much better idea would be to just build your own house, that way you know exactly what you get. Assuming you can get a suitable plot of land in the location you want (if it's anywhere near a nice area of a major city, chances are you can't) and won't have any potentially insurmountable planning/zoning issues to negotiate before you break ground...
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# ? Jul 13, 2014 23:19 |
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# ? Jun 2, 2024 17:19 |
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Still waiting for him to find
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# ? Jul 14, 2014 00:00 |
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LemonDrizzle posted:Assuming you can get a suitable plot of land in the location you want (if it's anywhere near a nice area of a major city, chances are you can't) and won't have any potentially insurmountable planning/zoning issues to negotiate before you break ground...
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# ? Jul 14, 2014 00:12 |
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revmoo posted:I agree with this. I used to be an loan officer/banker and the folks with buyers agents definitely had their deals move smoother from my perspective. I probably wouldn't use one but I also understand the market a little better. Most people are better off using a Realtor. realtors are less than worthless. seo apps that match houses with buyers have a better sell through rate
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# ? Jul 14, 2014 00:44 |
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comes along bort posted:realtors are less than worthless. seo apps that match houses with buyers have a better sell through rate Realtor's also have a toddler's grasp of what makes a house good.
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# ? Jul 14, 2014 00:46 |
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Nonsense posted:Realtor's also have a toddler's grasp of what makes a house good. Basically one of the most crooked dishonest jobs out there similar to a used car salesman.
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# ? Jul 14, 2014 00:51 |
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Nonsense posted:Realtor's also have a toddler's grasp of what makes a house good. Isn't being a real estate agent basically what bored chardonnay chugging housewives do to get out of the house?
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# ? Jul 14, 2014 00:52 |
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I love how people keep saying their condos fix poo poo "for free". Yeah, it's totally free... if you don't count the additional 25% you're paying on top of your mortgage for condo association fees (which you'll be paying for your entire life). You also don't own any land. It's free!
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# ? Jul 14, 2014 01:08 |
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HollisBrown posted:Isn't being a real estate agent basically what bored chardonnay chugging housewives do to get out of the house? It's pretty easy just pass the license process and also make sure to buy a C-class Mercedes.
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# ? Jul 14, 2014 01:21 |
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It's just nice to own a property without having to perform upkeep *condo association misfiles payment, condo immediately stolen and sold in a fake auction to a board member for 10% of market value*
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# ? Jul 14, 2014 01:22 |
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Hieronymous Alloy posted:I have a hard time understanding how that supposed waiver he signed could be considered valid. Can you really just waiver away liability for what looks like deliberate criminal fraud? I don't know how it'll hold up, but that's a standard clause in a home-buying contract. NEVER loving CHECK THAT BOX. I can't imagine why anyone would do that.
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# ? Jul 14, 2014 02:36 |
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I'm surprised this fellow hasn't at this point tracked down the realtor and seller and skinned them. Sell a bad house, become boots.
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# ? Jul 14, 2014 02:36 |
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Maybe the home inspector drove by the house in his car, saw it was standing, and assumed everything was cool
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# ? Jul 14, 2014 02:40 |
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I bet the home inspector looked alot like the realtor, except for his glasses and thick mustache.
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# ? Jul 14, 2014 02:47 |
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cynic posted:I used to flip houses, and you'd be surprised by the morons who will pay a premium for something that just look nicely decorated and clean. In one case new carpets, paint and cupboard doors added 50% to the price of the property. The difference here is I live in a country where the laws protect buyer and seller, and if I sold a house with as much as a tap not working when it could reasonably expected to be working, I'm liable for it and it comes out of my end. I only ever bought structurally sound houses with the worlds worst decor,because proper renovations are a pain. This guys surveyor must have been in on it to not spot serious damp and poo poo in attic issues though - these guys have moisture detecting tools, and every surveyor I've ever used checks all the walls for damp in a matter of minutes. Damp where you can't immediately see a cause (leaking downpipe etc) is a massive danger sign. What country by the way? And it boggles me that we don't have these kind of protections for home buyers and sellers here.
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# ? Jul 14, 2014 02:51 |
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Big Beef City posted:I just wanna tell goons something to help save their rear end if they ever buy a home. It's never occurred to me that people don't do this. I even used one when I ended up buying new construction, though that wasn't the initial plan when I started looking. Your own realtor can get you into see things you can't see on your own, how would people look at houses without one? Wait for open houses? That seriously blows my mind that someone would purchase a home without someone on 'their side' be it your own realtor or a lawyer or something.
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# ? Jul 14, 2014 03:24 |
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A Buttery Pastry posted:Just buy a house for the plot, not the house itself, then tear it down. Then you have to follow code to build the new house anyway then, idiot, and you had to pay to tear it down and haul it off
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# ? Jul 14, 2014 03:25 |
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I give women snake related post traumatic stress disorder after they see mah dick
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# ? Jul 14, 2014 03:34 |
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HollisBrown posted:Isn't being a real estate agent basically what bored chardonnay chugging housewives do to get out of the house? I worked IT helpdesk at a real estate brokerage right out of college, and yeah, basically that's what the bad ones do. It was kind of sad watching these people, usually women in their 30s to 50s, bumble through the business of learning real estate, get licensed and whatever, ask a million really stupid questions, and then not sell a single house in six months until eventually you get told to revoke their access etc. Most of them flail around trying to get leads from friends and family until they alienate everyone in their lives and give up on sales.
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# ? Jul 14, 2014 04:07 |
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My mom was a real estate agent. Shes not a smart person.
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# ? Jul 14, 2014 04:14 |
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psyopmonkey posted:My mom was a real estate agent. Shes not a smart person. the apple doesnt fall far from the tree i guess
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# ? Jul 14, 2014 04:20 |
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"My realtor also visits the house to see the problems for himself. At the time of purchase, he and the sellers had coached me into waiving the disclosures notice (which means I bought the house “as is”). I would later learn that this is one of many tactics used by predatory remodelers" If I was making a major purchase and both my agent and the seller wanted me to sign a document, I'm pretty sure I'd get someone smarter than me who specializes in, I don't know, drafting contracts, to read it over and tell me exactly what I was signing. If you get coached into signing anything by the people who stand to benefit from your signature when there's money on the line you're a loving maroon.
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# ? Jul 14, 2014 05:28 |
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In my area of the country being a "home inspector" basically just requires you to drop a grand and attend a few classes at a community college on weekends. And a lot of them are super corrupt. Basically his realtor was probably in the pocket of the house flipping company. This is pretty common everywhere, if you're a company that sells houses and condos you get some realtors in your corner to steer people to your houses and oversell them because it makes money for both of you. Usually then what happens is the buyer asks the realtor to recommend a home inspector and they recommend whatever one the company advises them to use since he'll overlook small things in order to sell the house, if he's an effective one he'll find a couple grand worth of repairs and then the flipping company will complete them because it helps "sell" the scam to the buyer. In theory a lot of these people have regulatory boards you can complain to, but at least in my area they don't really do much because it's often expensive and hard to prove. Especially in small towns where the idea of complaining about how s super rich home seller and a super rich home remodeller are friends would be insane. olylifter posted:"My realtor also visits the house to see the problems for himself. At the time of purchase, he and the sellers had coached me into waiving the disclosures notice (which means I bought the house as is). I would later learn that this is one of many tactics used by predatory remodelers" Yeah, basically any time you buy a house its totally worth the extra couple grand to bring in a real lawyer to draft all your documentation and to negotiate anything. In addition you should also blow money on getting a general contractor from another city to inspect the house since you want someone with little to no ties to your area since they'll tell it like it is (usually). If you're making a massive purchase like this you need to have your own people in your corner fighting for you and it's worth the money to make sure you aren't getting dicked around. If you were a loving Mafia boss and you were buying a million dollars of cocaine from a cartel, you wouldn't ask the cartel who you should hire as a body guard.
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# ? Jul 14, 2014 05:55 |
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Magically going from a 98,000 to 175000 listing in just 6 months is another big red flag especially for the midwest market.
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# ? Jul 14, 2014 07:38 |
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M.C. McMic posted:I love how people keep saying their condos fix poo poo "for free". Yeah, it's totally free... if you don't count the additional 25% you're paying on top of your mortgage for condo association fees (which you'll be paying for your entire life). You also don't own any land. Condos are bullshit. I'm sorry, but if your home shares interior walls with another residence you don't "own" it. You're just trapped in a lovely rental agreement that's more difficult to get out of.
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# ? Jul 14, 2014 08:37 |
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Frankenstyle posted:Condos are bullshit. I'm sorry, but if your home shares interior walls with another residence you don't "own" it. You're just trapped in a lovely rental agreement that's more difficult to get out of. This is the correct answer. If you're sharing walls with someone life is bad. It's better than roommates AND sharing walls though. Course ultimately anything with an association of any sort that can dictate asinine rules about your home to you trumps everything else. Then again the only people who willingly do this are "MY INVESTMENT " and someone better than I already explained how stupid that mindset is.
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# ? Jul 14, 2014 08:46 |
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How has he not burnt it down yet, he's even got the perfect excuse since the wiring is so faulty and so badly installed he could reasonably plug in a bunch of kettles to an electrical outlet and have a wire short out and burn everything down anyway.
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# ? Jul 14, 2014 08:58 |
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Drone_Fragger posted:How has he not burnt it down yet, he's even got the perfect excuse since the wiring is so faulty and so badly installed he could reasonably plug in a bunch of kettles to an electrical outlet and have a wire short out and burn everything down anyway. Didn't he get the place rewired quite early on? Also, insurance fraud is bad.
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# ? Jul 14, 2014 09:00 |
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My realtor actually recommended an architect to come out and and do the inspection for my house. Dude was up in the attic long enough to get drenched in sweat at 10am ( Florida), checked the hurricane ties on the roof, did a pest inspection, checked the install dates on all the appliances (it wasn't a surprise when the fridge/freezer died and I was prepared for that), noted the loose wiring hanging in a kitchen cupboard that should probably house a dishwasher, specifically noted that the unpainted outside wall that my crazy old lady neighbor bitched about later was "finished" with sealant and up to code, and was just an awesome guy all around.Drone_Fragger posted:How has he not burnt it down yet, he's even got the perfect excuse since the wiring is so faulty and so badly installed he could reasonably plug in a bunch of kettles to an electrical outlet and have a wire short out and burn everything down anyway. This was his biggest mistake. He's done so much work on this shithole house that now anything that happens in it can be reasonably pinned on him and his repairs instead of the flippers. He should've just gotten the estimates from three contractors to fix it and gone to court immediately.
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# ? Jul 14, 2014 09:14 |
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gently caress the ROW posted:Then you have to follow code to build the new house anyway then, idiot, and you had to pay to tear it down and haul it off
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# ? Jul 14, 2014 09:22 |
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Murcor posted:I'm surprised this fellow hasn't at this point tracked down the realtor and seller and skinned them. Sell a bad house, become boots. He doesn't know who the sellers are. I thought that poo poo must be on the contracts or the deed or something, but he doesn't know. The realtors won't tell him.
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# ? Jul 14, 2014 20:09 |
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Angela Christine posted:He doesn't know who the sellers are. I thought that poo poo must be on the contracts or the deed or something, but he doesn't know. The realtors won't tell him. He said they filed certain forms with the IRS to hide that info and likely used fake names and offshore accounts regardless.
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# ? Jul 14, 2014 20:12 |
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drat, they owned this guy good
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# ? Jul 14, 2014 20:18 |
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etalian posted:Magically going from a 98,000 to 175000 listing in just 6 months is another big red flag especially for the midwest market. lmao at this guy who doesnt understand property values only go up Up UP. its not magic, its FREE MARKET, friend
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# ? Jul 14, 2014 20:47 |
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Big Beef City posted:I just wanna tell goons something to help save their rear end if they ever buy a home. Wait, it's not normal to have someone helping you buy a house that's completely separate from the guy that's trying to sell the house? That's how I did it when I bought mine and I just thought that's how it works by default.
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# ? Jul 14, 2014 21:39 |
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# ? Jun 2, 2024 17:19 |
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raditts posted:Wait, it's not normal to have someone helping you buy a house that's completely separate from the guy that's trying to sell the house? That's how I did it when I bought mine and I just thought that's how it works by default. I didn't have an agent, you have to sign a document saying that you know what you are doing is potentially stupid. I knew the market really well and had an attorney and an exec from a title company (i.e. My aunt) look over all the paperwork. I thought it would give me more leverage over the seller since their agent didn't have to split the commission and frankly I would have paid ask if it came down to it, it was an ideal situation and I didn't want to lose the property.
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# ? Jul 14, 2014 21:45 |