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What is the 3 3 3 rule in real estate?

I've heard this a lot but I'm not sure what it means when it comes to deciding to buy a home. what is the 3 3 3 rule? Why is it important?

5 Answers

Should I write the seller a letter?

We want to put an offer on a home in a competitive area. I've heard mixed opinions on writing a "love letter" to the seller. Some people swear by them and say it's the reason they got the home. Others have said it could cause discrimination and we shouldn't write a letter. rnrnIf we write a letter, what details should we include and what should be leave out?

4 Answers

Home inspection with snow?

We had our home inspection, but there was so much snow on the roof, the inspector wouldn't go out on it. We understand this. However, we also want to protect ourselves if there is an issue. Can we put a clause in the offer that would cover issues that come up once the snow melts? We are most concerned about big issues like the roof or water leaking.

4 Answers

Is my offer too aggressive?

My agent wants me to put an offer at 1.92mm with 150k earnest and waive contingencies for inspection and appraisal. The home has pre inspection in July 2025. Do you think this is too aggressive?

9 Answers

i plan to buy a house in Florida in cash?

My husband wants nothing to do with it. We have separate accounts.. We do filing jointly with the IRS. Can i buy the house under my name?

2 Answers

Are realtors required to report crimes in a home?

If there was a crime in the home does a realtor or home seller need to disclose this? If not, how do I see crimes for a specific home?

8 Answers

Should we buy a house with mold and foundation issues?

We put an offer on a house and the insepction found that there's mold upstairs and serious foundation issues. We asked the seller to give a credit for the cost of fixing these issues. They agreed to $5k, but it'll be closer to $30K to fix everything. We're wondering if these are major red flags and if we should back out of our offer.rnWe're under pressure because our current house sold and we need to be out in a little over a month.

3 Answers