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Loodmy Jacques

Answers by Loodmy Jacques

611 answers · 3,141 pts

Should a shed be included in a home inspection?

Asked by Vanessa Q | Lockport, IL | 01-18-2023

Loodmy Jacques
Loodmy Jacques04-30-2026 (6 months ago)

Yes, it can be included. If the shed is part of the property and staying, inspectors often note it. They’re not required to, but it’s normal. That doesn’t mean your mom has to fix it. The inspection is just information. The buyer can ask for repairs, but your mom can say no, offer a small credit, or do nothing, especially if it’s an old, minor structure. What matters is how it was presented. If the home was priced with that shed in its current condition, there’s a strong case to leave it as-is. Simple way to think about it. It can be inspected, but it’s still negotiable.

What is a quick sale in real estate?

Asked by Ari M | San Jose, CA | 01-18-2023

Loodmy Jacques
Loodmy Jacques04-30-2026 (6 months ago)

A quick sale usually means selling your house fast, often within a few weeks instead of months. It can mean different things depending on context: If you're selling to a cash buyer or investor, it's a quick close because there's no mortgage or inspection delays. You get less money but it's done fast. If you're listing on the market and it sells in a week or two because you priced it aggressively or it's a hot property, that's also a quick sale. Sometimes "quick sale" is code for "we're desperate and pricing it low to move it fast." Just depends on the situation.

Do you pay Florida sales tax when purchasing real estate?

Asked by San Gilno | Fresno, OH | 01-17-2023

Loodmy Jacques
Loodmy Jacques04-30-2026 (6 months ago)

No, Florida doesn't charge sales tax on real estate purchases. You'll pay other closing costs like doc stamps (a tax on the deed), title insurance, and recording fees, but not sales tax. Doc stamps are based on the purchase price - it's about $0.70 per $100 of the sale price, so on a $500K house that's around $3,500. That's the main tax-like fee you'll see. Whether it's a vacation home or primary residence doesn't change the taxes at closing, but it might affect your property tax rate going forward. Florida gives a homestead exemption for primary residences, which lowers annual property taxes. Vacation homes don't qualify, so you'll pay the full property tax amount every year.

Is it offensive to negotiate the commission?

Asked by Aaron B | Boise, ID | 01-11-2023

Loodmy Jacques
Loodmy Jacques04-30-2026 (6 months ago)

No, it’s not offensive. Commissions are negotiable. Most agents expect the conversation. Just approach it respectfully. Ask what’s included, how they market, and what they actually do to earn it. Then discuss the fee based on the value they’re providing. Where it goes wrong is when someone only pushes for the lowest number without understanding the service. Simple way to think about it. Good agents aren’t offended by the question. They’re confident explaining their value.

Can I make an offer on a pending house?

Asked by Juan P | San Marcos, CA | 01-06-2023

Loodmy Jacques
Loodmy Jacques04-30-2026 (6 months ago)

You can reach out, but you usually can’t jump in front of the current deal. “Pending” means the seller has accepted an offer and they’re moving toward closing. Most sellers won’t entertain new offers at that point. What you can do is ask to submit a backup offer. If the current deal falls apart, you’re next in line. Simple way to think about it. Not available right now, but still worth getting in position just in case.

Does the value of my home affect the commission that I pay?

Asked by Mark Johnson | Buffalo, NY | 12-15-2022

Loodmy Jacques
Loodmy Jacques04-30-2026 (6 months ago)

The percentage usually stays the same regardless of price, but it's negotiable. A $200K house and a $2M house might both be 5-6%, but the dollar amount is way higher on the expensive one. Some agents will negotiate a lower percentage on higher-priced homes because the payout is already big. Others won't budge. It's worth asking, especially if your home is on the higher end. Just remember, commission is always negotiable. Don't assume it's locked at whatever rate they first quote you.

What counts as a bedroom?

Asked by Mark Tucker | Pittsburgh, PA | 12-14-2022

Loodmy Jacques
Loodmy Jacques04-30-2026 (6 months ago)

Yeah, it needs a window for egress (emergency exit) and usually a closet, though the closet rule varies by area. The window has to be big enough for someone to climb out in a fire - usually at least 5.7 square feet of opening. It also needs to meet minimum size requirements, usually around 70 square feet, and have a door for privacy. Some places require it to be on a certain type of foundation or have specific ceiling height. If a room doesn't meet code, you can't legally call it a bedroom when you sell, even if you've been using it as one. It'll be listed as a den, office, or bonus room instead. Check your local building code to be sure.

Where do I find the water shut off for outside?

Asked by Jahon D | Gorham, NH | 12-12-2022

Loodmy Jacques
Loodmy Jacques04-30-2026 (6 months ago)

You’re looking for the interior shutoff for your hose bibs. Most of the time it’s inside the house, not outside. Check the basement or crawl space first. Look along the wall where the outdoor faucet is. You’ll usually see a small valve on that pipe line. If you don’t see one there, check near your main water line where it comes into the house. Some homes have a dedicated shutoff manifold. If you still can’t find it, you may have frost-free hose bibs, which don’t need a separate shutoff, though many people still shut them off as extra protection. Simple way to think about it. Follow the pipe from the outdoor faucet back inside, that’s where the shutoff usually is.

Does a finished basement count in house square footage?

Asked by Blayne Moriarty | 11-29-2022

Loodmy Jacques
Loodmy Jacques04-30-2026 (6 months ago)

It depends on the appraiser and local standards, but usually no. Most appraisers don't count basement square footage in the main total, even if it's finished. It gets listed separately as "finished basement" or "below-grade square footage." Above-grade living space is what counts for the official square footage. The basement adds value, but it's calculated differently. When you're listing, your agent can highlight the finished basement as a selling point, but don't expect it to be included in the main square footage number. Just be honest about what's upstairs versus downstairs.

What does it cost to list property ?

Asked by Randy | Crane, MO | 10-10-2022

Loodmy Jacques
Loodmy Jacques04-30-2026 (6 months ago)

There’s usually no upfront cost just to list your home. Most agents cover photos, marketing, and MLS as part of their service and only get paid at closing. Your main cost is the commission, which you agree on with your agent and is paid when the home sells. You might have small optional costs if you choose, like cleaning, staging, or minor repairs. Simple way to think about it. You typically don’t pay to list. You pay when it sells.

How often should we do a price drop?

Asked by Ashley | Kennewick, WA | 10-02-2022

Loodmy Jacques
Loodmy Jacques04-30-2026 (6 months ago)

Yes, that’s too often and it’s hurting you. Multiple small drops over months make buyers think something is wrong. It also makes the listing feel stale. At this point, the issue isn’t how often you drop. It’s that you haven’t hit the right price yet. You need one meaningful adjustment based on current comps, not another small cut. Something that gets attention again. Simple way to think about it. Small drops chase the market. One strong move resets it.

Why do so many listings to live on Thursday?

Asked by Lisa | Jesup, GA | 08-26-2022

Loodmy Jacques
Loodmy Jacques04-30-2026 (6 months ago)

Thursday listings catch the weekend crowd. People start browsing online Thursday and Friday, schedule showings for the weekend, and agents want fresh listings at the top of search results when buyer activity peaks Saturday and Sunday. It's just strategy. List Thursday, get maximum online views before the weekend, pack in showings, and ideally have offers by Monday. It's become the standard because it works.

Loodmy Jacques
Loodmy Jacques04-30-2026 (6 months ago)

Short answer, not always. Some 1% agents are great. Most are cutting something to make that work. At that fee, they may spend less on marketing, handle more clients at once, or be less hands-on with showings and negotiation. The risk isn’t the 1%. It’s what you’re giving up without realizing it. Ask them directly what’s included. Photos, marketing, negotiation, availability. Compare that to a full-service agent. Simple way to think about it. Saving on commission can cost you more if the execution isn’t strong.

Loodmy Jacques
Loodmy Jacques04-30-2026 (6 months ago)

Short answer, not always. Some 1% agents are great. Most are cutting something to make that work. At that fee, they may spend less on marketing, handle more clients at once, or be less hands-on with showings and negotiation. The risk isn’t the 1%. It’s what you’re giving up without realizing it. Ask them directly what’s included. Photos, marketing, negotiation, availability. Compare that to a full-service agent. Simple way to think about it. Saving on commission can cost you more if the execution isn’t strong.

Mobile home for sale?

Asked by Barbara | Fort Collins, CO | 04-29-2022

Loodmy Jacques
Loodmy Jacques04-30-2026 (6 months ago)

You can sell it, even in rough shape. Happens all the time. First thing, make sure you actually have the right to sell it. If it’s still in your sister’s name, you may need to go through probate or transfer the title before you can close. Then decide how you want to sell it. You can sell it as-is to a cash buyer or investor, which is usually the fastest. Or list it and try for a higher price, but that can take longer, especially in rough condition. If it’s in a park, check their rules. Some parks have approval requirements for buyers. Simple way to think about it. Clean up the title first, then decide between fast sale or higher price.

How do I figure out what my home is worth?

Asked by Jack | Port Saint Lucie, FL | 02-05-2022

Loodmy Jacques
Loodmy Jacques04-30-2026 (6 months ago)

Start with what buyers are actually paying, not what people are asking. Look up recent sold homes in your area that are similar in size, age, and condition. Stay within the last few months. That gives you a real range. Then adjust based on your home. Upgrades, condition, lot, and exact location all move the number. Online estimates can give a rough idea, but they’re often off. The fastest and most accurate way is to ask a local agent for a CMA. It’s usually free and based on current data. Simple way to think about it. Your value is what similar homes nearby actually sold for, adjusted for your home.

Can you sell a home with furniture in it?

Asked by Thomas | Port Saint Lucie, FL | 01-02-2022

Loodmy Jacques
Loodmy Jacques04-30-2026 (6 months ago)

Yes, you can. Just handle it the right way. Furniture is separate from the house, so you need to spell it out in the contract if you want it included. A couple ways to do it: Include it in the sale. Price the home with the furniture and list what stays. Offer it separately. Sell the house normally and give buyers the option to purchase the furniture. Be realistic though. Furniture rarely adds full dollar value. Some buyers love it, others don’t want any of it. Simple way to think about it. You can include it, just make it clear upfront so there’s no confusion.

What fees does FastExpert charge?

Asked by Teresa | Flint, MI | 12-22-2021

Loodmy Jacques
Loodmy Jacques04-30-2026 (6 months ago)

FastExpert itself doesn’t charge you anything. It’s just a platform that connects you with agents. You’re not paying them directly. What you will pay is your listing agent’s commission, and that’s something you agree on with the agent you choose. If you’re selling in Mott Park, I’d talk to a couple agents and ask straight up what they charge and what they actually do for it. That’s where the real difference is.

How much does an Appraisal usually cost?

Asked by Paul | Hurricane, WV | 10-23-2021

Loodmy Jacques
Loodmy Jacques04-30-2026 (6 months ago)

Most appraisals run about $400 to $700 for a typical home. If it’s a larger property, rural area, or something unique, it can go higher. Buyers usually pay for it as part of the loan process. Simple way to think about it. It’s a few hundred dollars to confirm the home’s value for the lender.

How can I sell my house fast?

Asked by Virgie | Jonesville, VA | 09-22-2021

Loodmy Jacques
Loodmy Jacques04-30-2026 (6 months ago)

Price it right and it'll sell fast. If you overprice, it'll sit forever no matter what you do to it. For work, do the bare minimum that gives you a return: deep clean, declutter, fix obvious stuff like broken fixtures or peeling paint, and make sure the yard looks decent. Fresh paint in neutral colors helps if walls are beat up. Skip anything expensive like kitchen remodels unless it's truly unlivable. If you want it gone ASAP and don't care about maximizing price, list it as-is and price it below market. You'll get investor offers or buyers looking for a deal, and you can close fast. Talk to your agent about what's worth doing in your specific market. They'll know what buyers expect and what you can skip.

Does a room have to have a closet to be considered a bedroom?

Asked by Edward | Augusta, ME | 09-12-2021

Loodmy Jacques
Loodmy Jacques04-30-2026 (6 months ago)

No, a closet isn’t what makes a room a bedroom. There’s no universal rule requiring a closet. What matters more is that the room meets basic safety and usability standards. Most appraisers and agents look for things like proper egress, meaning a window or door you can exit through, enough space for a bed, and access to the rest of the home. In older or antique homes, it’s very common to see bedrooms without closets, and they’re still counted as bedrooms. Some buyers may prefer closets, but it doesn’t disqualify the room. Simple way to think about it. Safety and function matter more than a closet.

Loodmy Jacques
Loodmy Jacques04-30-2026 (6 months ago)

Not always. A closet is not automatically required for a room to be called a bedroom in many states, especially in older or antique homes. What matters more is whether the room meets basic safety and livability standards. Things like a proper window for emergency exit, enough size, ceiling height, and legal access. That said, buyers, appraisers, and local codes don’t always see it the same way. Some markets still expect a closet, even if older homes were built differently. Simple way to think about it. In older homes, no closet doesn’t automatically mean it’s not a bedroom. It depends on local code and how the market sees it.

How can I do a market comparison?

Asked by Jailene | San Juan, PR | 07-18-2021

Loodmy Jacques
Loodmy Jacques04-30-2026 (6 months ago)

You’re thinking the right way. You don’t need an appraisal yet, you need a quick read of the market. Start by looking at recent sales, not listings. Same area, similar size, beds, baths, and condition. Try to stay within the last 3 to 6 months. Then adjust. If your home is nicer, add value If it needs work, subtract Location differences matter more than people think Ignore active listings for pricing. Those are just what people hope to get, not what buyers actually paid. If you want it dialed in fast, ask a local agent for a CMA. It’s basically this process, just more precise and usually free. Simple way to think about it. Look at what sold, not what’s for sale.

How do I find out who built my house?

Asked by Mike | Whitehall, WI | 07-04-2021

Loodmy Jacques
Loodmy Jacques04-30-2026 (6 months ago)

Yes, there are a few easy places to check. Start with your county property records. Sometimes the original builder or developer is listed there. If that doesn’t show it, look up the building permits for your home. Those often name the builder or contractor. You can also check the title report or deed history. The first owner is often tied to the builder. If it’s in a subdivision, neighbors or the HOA may know the builder as well. Simple way to think about it. Check records first, then ask locally if needed.

Loodmy Jacques
Loodmy Jacques04-30-2026 (6 months ago)

A realtor usually won’t repair your credit directly, but a good one can absolutely help point you in the right direction. They often connect buyers with trusted lenders or credit specialists who can tell you exactly what’s hurting your score and what to fix first. Sometimes it’s as simple as paying down balances, fixing reporting errors, or not opening new accounts before applying. Simple way to think about it. A realtor opens the door. The lender usually helps with the credit game plan.

Loodmy Jacques
Loodmy Jacques04-20-2026 (6 months ago)

What matters is title, not the loan. If he signed a quitclaim deed and his name is no longer on the title, then he’s typically not entitled to the sale proceeds. The person on title owns the equity. Being on the loan just means he’s still responsible for the debt with the lender. It doesn’t give him ownership rights to the property. In most cases, he wouldn’t need to sign anything to sell if he’s truly off title. The closing attorney or title company will confirm that. One thing to be careful with is any side agreements you may have had when he signed the quitclaim. If there was an understanding about equity, that could come into play. It’s a good idea to have a real estate attorney or title company quickly review the title before you list, just to be sure everything is clean.

Should I do a final walk-through?

Asked by Mike | 05-31-2021

Loodmy Jacques
Loodmy Jacques04-20-2026 (6 months ago)

Yes, always do it. The final walk-through is your last chance to make sure the house is in the same condition and any agreed repairs were actually done. Check that nothing changed, nothing was damaged during move-out, and everything that was supposed to stay is still there. It’s quick, but it protects you from surprises right before closing.

Should I do a home inspection?

Asked by Mike | 05-31-2021

Loodmy Jacques
Loodmy Jacques04-20-2026 (6 months ago)

Yes, you should. It’s what tells you what you’re actually buying. Without it, you’re guessing on big things like roof, HVAC, plumbing, electrical. It’s not about finding a perfect house. It’s about knowing what’s coming so you can negotiate, plan, or walk away if needed. Skipping it might make your offer look stronger, but it can cost you a lot more later.

Loodmy Jacques
Loodmy Jacques04-20-2026 (6 months ago)

It depends on your finances and risk tolerance. If you sell first, it’s safer. You know exactly how much money you have, and you’re not carrying two homes. The tradeoff is timing. You may need temporary housing. If you buy first, it’s more convenient, but riskier. You’ll need to qualify for both mortgages or use something like a bridge loan, and there’s pressure to sell quickly after. Simple way to decide. If your finances are tight or you don’t want stress, sell first. If you have strong income, savings, and flexibility, buying first can work. Most people choose based on how much risk they’re comfortable with.

Loodmy Jacques
Loodmy Jacques04-20-2026 (6 months ago)

Talk to a lender first. Before you look at homes, you want to know what you can actually afford. A lender will check your income, credit, and debts and give you a pre-approval. That number becomes your guardrail. It keeps you from wasting time and makes your offers stronger when you find the right house. Everything else comes after that.

What is an agent’s commission fee?

Asked by Mike | 05-31-2021

Loodmy Jacques
Loodmy Jacques04-20-2026 (6 months ago)

It’s the fee paid to the agents for helping buy or sell the home. Traditionally, it’s a percentage of the sale price, often around 5% to 6% total, split between the listing agent and the buyer’s agent. But it’s not fixed. It’s negotiable. On a sale, the seller usually pays it out of the proceeds at closing. Then it gets split between the brokerages and agents involved. Also, it’s not just for “listing.” It covers pricing strategy, marketing, showings, negotiation, and getting the deal to closing. Simple way to think about it. You’re paying for the work that gets you to the finish line, not just putting the home online.

Should I order a home inspection?

Asked by Mike | 05-31-2021

Loodmy Jacques
Loodmy Jacques04-20-2026 (6 months ago)

You can skip it, but it’s a risk. The inspection is what tells you what you’re really buying. Without it, you’re guessing on things like roof, plumbing, electrical, HVAC. That’s where the expensive surprises are. It’s not about finding a perfect house. It’s about knowing what’s coming so you can decide, renegotiate, or walk away. Most buyers who skip it only realize why it matters after something breaks. If you’re trying to stay competitive, you can still do one and keep your contingency short. But skipping it entirely is not something I’d recommend.

Loodmy Jacques
Loodmy Jacques04-30-2026 (6 months ago)

You can skip it, but it’s one of the riskier shortcuts. An inspection is your chance to catch big issues before you’re locked in. Roof, foundation, electrical, plumbing. Those are expensive surprises. Most deals don’t fall apart because of inspections. They fall apart because problems show up later that weren’t checked. If you’re trying to stay competitive, you don’t have to skip it entirely. You can shorten the inspection period or do a quick pre-inspection instead. Simple way to think about it. Skipping saves time now, but can cost you a lot later.

Loodmy Jacques
Loodmy Jacques04-20-2026 (6 months ago)

Focus on what buyers notice in the first 5 minutes. Start with a deep clean. Then declutter hard. You want space to feel open, not full. Walk through your house like a buyer. Anything that feels worn, dated, or “I’d need to fix that” should be handled. Paint and flooring usually make the biggest difference. Fix the obvious stuff. Leaks, broken handles, loose doors. Small things add up in a buyer’s mind. Then think about how it shows. Good lighting, neutral feel, simple staging if needed. You don’t need to make it perfect. You just need to make it feel easy for someone to move in and say yes.

Loodmy Jacques
Loodmy Jacques04-30-2026 (6 months ago)

Don’t try to do everything. Focus on what buyers notice first. Start with clean and clear. Declutter, deep clean, and remove anything that makes the space feel crowded. Fix the obvious stuff. Loose handles, scuffed paint, broken fixtures. Small things signal how the home was cared for. Neutralize where it matters. Simple paint and lighting can change how the whole house feels. Curb appeal matters. First impression sets the tone before they even walk in. Good photos are huge. Most buyers decide online first, so presentation matters. Simple way to think about it. Make it feel easy to move into, not perfect.

Can I get more than one realtor?

Asked by Mickey | 01-12-2017

Loodmy Jacques
Loodmy Jacques04-20-2026 (6 months ago)

You can talk to a few, that’s actually a good move. Interview 2 to 4 agents, see how they think, how they price, how they communicate. That’s how you find the right fit. Just don’t try to use multiple agents at the same time once you start. It creates confusion and can hurt your results. Pick one you trust, then go all in with them.

How can I get the most money from selling my house?

Asked by Ronda | Carson City, NV | 12-01-2016

Loodmy Jacques
Loodmy Jacques04-20-2026 (6 months ago)

It’s not about doing everything. It’s about doing the right things. Price it right from day one. That’s the biggest one. The homes that get the most money are the ones that create competition early, not the ones that sit and get reduced. Make it show well. Clean, decluttered, and anything that feels worn or dated handled upfront. Buyers pay more for homes that feel easy. Photos matter. Most buyers decide online first. If it doesn’t look good there, you lose interest before anyone walks in. Timing and strategy matter too. Launch strong, don’t “test the market.” You want attention in the first week. And then negotiation. The highest offer isn’t always the best one. Terms, strength of the buyer, and how the deal is structured all affect your net. Simple version. Create demand, make it easy to say yes, and handle the details right. That’s where the extra money comes from.

Loodmy Jacques
Loodmy Jacques04-29-2026 (6 months ago)

It’s not about doing everything. It’s about doing the right things. Price it right from day one. Homes that get the most money create demand early, not after price cuts. Make it show well. Clean, decluttered, and anything that feels worn handled upfront. Photos matter. Buyers decide online first. If it doesn’t look good there, you lose interest. Launch strong. You want attention in the first week, not a slow rollout. Negotiate smart. The best offer is not always just the highest price. Terms and strength matter. Simple way to think about it. Create demand and make it easy for buyers to say yes.