Get Expert Real Estate Advice

Find answers to your home buying, selling, and real estate questions from trusted professionals.

Ask An Agent

Get answers from licensed real estate agents on buying, selling, loans, appraisals, contracts, and market trends.

Post a Question

Recent Questions

13 questions found

Advice Topics:

State:

Sort By:

Is there any way to borrow against my rental's equity with bad credit?

I ran up credit card debt after a bad investment, and my credit is now too damaged to refinance or get a HELOC. My rental is worth about $290k, I owe $105k, and it rents for twice the payment. Is there any loan that would let me tap that equity to clear the debt, or is selling my only real option?

4 Answers

Do buyers go to the home inspection?

I want to go to the home inspection to see what it's all about. And it'll give me a chance to take measurements in the house and just get a feel for it. I'm getting push back from the agent and the seller tho. Why? Am I not supposed to go? It seems like I should be able to look into the house myself since I'm the one buying it.

22 Answers

How do we figure out a fair buyout price for my fiancee's brother's share of the house?

My fiancee owns 50% of her family's house, her brother owns 49%, and their aunt has the remaining 1%. Theres still about 420k left on the mortgage at a really good rate under 4%, and the house is worth somewhere between 550k and 650k. Her brother's been living there rent free for a while and doesnt want to sell because hes convinced prices are going up, but we want to buy him out so we can actually move in and stop paying our own rent on top of covering half his mortgage. Our mortgage broker mentioned using a higher hypothetical value to compensate him for giving up future appreciation instead of just going off todays number, and now Im stuck trying to figure out if thats actually fair or if were about to way overpay a guy who doesnt even want to sell in the first place. Theres also the aunts 1% to deal with and honestly nobody in the family agrees on anything so I dont even know where to start untangling all of this.

5 Answers

how should I think about a fixer upper that has been on the market for over 100 days?

Found a home that I like. It is very close to the neighborhood that I really want and it checks some of my boxes. I didn't look at it at first becuase it is old and looks like it needs some work. It has been listed 121 days and looks like it hasn't been updated. If i go look at it, what should I think? like what questions should I ask and what things should I look for? I'm okay with some projects and stuff but nothing HUGE. thanks

12 Answers

Can I negotiate for a later closing date or a rent-back agreement with the buyer?

My family is currently in the process of building a new house, but the completion date has been pushed back by several weeks due to construction delays. We have a solid offer on our current home, but we need to ensure we have a place to stay until the new build is ready for move-in. I am wondering how common it is to ask a buyer to stay in the home for a month after the official closing date. What is the best way to bring this up during the initial negotiations so it doesn't complicate the sale?

5 Answers

Can I negotiate with the seller to cover my closing costs if I am offering the full asking price?

As first-time homebuyers, we have saved up enough for a down payment, but the additional closing costs are making our total out-of-pocket expenses higher than expected. The home we are looking at is priced fairly, and we are willing to meet that price, but we need some help with the upfront fees to make the numbers work. How common is it for sellers to agree to a seller concession in the current market, and what is the best way to frame this request in our initial offer? We want to make sure our proposal remains competitive.

8 Answers

What should I look for when comparing mortgage lenders?

I'm planning to buy my first home in the next six months and have started researching different mortgage lenders. There are so many options, and I'm not sure what factors are most important to consider. Should I prioritize interest rates, customer service, or the types of loans offered? Any advice on how to effectively compare these lenders would be helpful.

9 Answers

What does broom swept mean?

We're selling our home, what does broom swept mean? We're conscious people and want to provide a clean environment, but I also don't want to go overboard and burden ourselves unnecessarily.

10 Answers

What is the minimum down payment and closing cost?

What is the minimum down payment and closing cost? Will my real estate agent tell me how much money I need for the house?

9 Answers

Housing market 2024 What do you think will happen?

Hi. What do you think will happen in the 2024 housing market? I know there's no crystal ball, but based on your best prediction, can you give some idea on what will happen in the housing market?

9 Answers