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11 questions found
Is fractional ownership a scam for first-time buyers?
I keep seeing ads for companies like Pacaso or others that let you buy 1/8th of a luxury home. Is this a legitimate way to build equity, or is it just a glorified timeshare that’s going to be impossible to sell later? I’m looking for a way to get into a high-priced market.
Should I buy a converted garage or basement if it's not permitted?
Found a house with an awesome mother-in-law suite, but the agent admitted the plumbing and electric weren't permitted by the city. If I buy this, can the city force me to tear it out? Will my homeowners insurance even cover a fire if it starts in an unpermitted room?
The house I’m looking at has a finished basement that was done without a permit?
The house I’m looking at has a finished basement that was done without a permit. If there’s a flood later, will my insurance actually cover it? Or what other issues might I run into with this unpermitted work? Will I have an issue selling in the future?
Should I waive the home inspection to make my offer stronger?
In a competitive market, I’ve heard buyers sometimes waive inspections. Is that a good idea, or is it too risky?
Brick or siding for my home exterior?
Getting ready to sell and we want to redo the outside of our house. The brick looks awful so i want to just put siding up but wondering if it will sell better if i keep the brick. What is better for selling, brick or siding?
Should I buy a house today and refinance later?
I wanted to buy a house, but I don't know if I should with the mortgage rates being so high. But is it better to buy a house now and then try to refinance later when the rates go down?
Asked by Matt | Des Moines, IA | 02-09-2023 | 2,003 Views | Home Loans | Updated 4 months ago
Need to disclose issues with the home from 15 years ago?
We had an issue with our basement flooding 15 years ago. We've fixed the issues and also installed a second sump pump. Haven't had a problem since then. Since the issue is fixed and it's been 15 years of a dry basement, do we need to disclose this? And in general, is there a timeframe for the seller disclosure? For example, does the seller only disclosure issues that have occurred within the past 10 years?
Should I work with a part-time agent?
Does an agent need to disclose if they are working part-time as a real estate agent? If the agent is working part-time, is that a red flag? Thanks.
Asked by Terry | Des Moines, IA | 03-15-2023 | 1,239 Views | Working With an Agent | Updated 3 years ago
What does a sellers market mean?
What does a sellers market mean? Is it better for the seller?
Asked by Mark | Cedar Rapids, IA | 03-08-2023 | 1,496 Views | Tips & Advice | Updated 3 years ago
Is the seller responsible for issues that they hid?
We bought a house and within a day the inside of our kitchen drawers were covered in mouse droppings. We had an exterminator out and there's a serious mouse issue. We believe the seller was hiding this because the pullout garbage can was nailed shut. We thought this was weird, but didn't think anything of it until now. Can we make the seller pay for the extermination costs? It's so upsetting that our kitchen is unusable until this issue is cleared.
Contributing Real Estate Professionals
Amanda Courtney
REP Realty Group
Barrett Henry
RE/MAX Collective
Jason Craig
Coldwell Banker
Chris Yochum
Dickson Realty
Julianne Clark
Charter One Realty
Lisa And Greg Harris
eXp Realty, LLC
Marty & Abby Champagne
RE/MAX Market Place
Josephine & Raj Sharma
Legacy Homes Realty
Aaron Sims
Berkshire Hathaway Home Services
Phong Tran
Real Broker
Steven Hunt
Real Broker NY LLC
Glenda X Bozett
Michael Alexander Properties