Newsflash: First Time Home Buyer – Attend the Home Inspection?

Hello Real Estate!So we’ve scheduled a home inspection for this house we’re interested in in North Mississippi. Just curious on some opinions.Should we be at the inspection the entire time? Or should we stay out of the guys way, let him concentrate, and show up when he is finished?The inspector said we are welcome to be there, but he is also happy to walk us back through and go over everything and answer questions at the end of what he said could be a three to four hour ordeal.Apologies if this has been discussed, I’ve done some digging and haven’t really found anything consistent. Also sorry if this isn’t the place and maybe I could get pointed in the right direction.Thanks in advance!!

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Newsflash: I’m looking for an advice: I’m looking for rent in North NJ and I found a house with it’s own private water WELL, is that a good thing?

House does not get water from the township, only from a private well. what are the advantages and disadvantages?

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New Story Just Out: From Medical Maggots To Stench Soup, ‘Grunt’ Explores The Science Of Warfare

Yet another interesting headline in the world of health and well-being. From Medical Maggots To Stench Soup, ‘Grunt’ Explores The Science Of Warfare
When it comes to curiosity, science writer Mary Roach describes herself as someone who is “very out there.” Her new book, Grunt, looks at some scientific developments that help keep soldiers safe.

Read the full story here

Newsflash: Buying a house at auction

Hello all. I’ve been looking to purchase a home and recently came across a house going up for auction online. It’s a great house in a wonderful location. Here is my dilemma. I do not have $ to purchase a home w/o a mortgage. Is there any way for me to purchase a home at auction with financing from a bank mortgage?

Read more at https://www.reddit.com/r/RealEstate/comments/4lvy7e/buying_a_house_at_auction/?utm_source=ifttt

New Story Just Out: Can Planting More Milkweed Save Monarch Butterflies? It’s Complicated

Yet another interesting headline in the world of health and well-being. Can Planting More Milkweed Save Monarch Butterflies? It’s Complicated
Conservationists have long blamed farmers’ use of pesticides for decimating the milkweed that monarch caterpillars like to eat. But scientists say simply planting more milkweed isn’t the answer.

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Newsflash: Questions concerning initial offer

House is listed for $199K. I had originally thought to make an offer around 190K, based on comparables (although not many) and work that I would need/want done with the place right away. The barn needs a new roof, the electrical box uses fuses, and the master has only subfloor, which I would want to carpet. Some of the windows are wooden, and although not an immediate change, it probably should factor into the price.My main question is on personal items. I have spoken with the sellers on three occasions, and while they have been long and friendly, the age of the people, and their health, make it difficult to communicate effectively. The husband has Alzheimer’s and basically forgets everything we talk about, obviously. He says they’re moving to California, while the wife says they are staying near the town but need to downsize substantially. The property is large, as is the driveway, and the owners have a nice snowblower and lawnmower. I would really like to negotiate these items into the sale of the house, along with other tools, furniture, and lumber they will not be needing (according to them).Any suggestions on the best strategy for getting these items and the home for a fair price?

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Newsflash: Foreign Buyer Question

Hey Everyone,Central Florida Realtor Here: I’m working a deal and I’m on the Sell side.Buyers are Brazilian and say they can only wire out of the country $50k annually. “All in the purchase including closing costs needs to be under $50K.” I’ve seen their POF and the money is there but..We’re listed at $55k don’t really want to take less then $50k for it.Is this a negotiation tactic on their end or is there really a limit for money going out of Brazil?

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Newsflash: Investing in old properties?

I live in a college town that has a very successful and growing university. Our “downtown” is quite old, and has been abandoned for many years, but there has been a recent uproar about bringing it back (which would make sense, with the university next door.) There is a building for sale for around $25k that is one of the more well-kept of them all, and from first look, just seems to need a roof. I want to buy before the other buildings begin their renovations because prices will begin to rise as soon as owners realize that the renovation is happening. But on the other hand, if I buy now, and the revitalization does not happen, I have a nice building, but in a dead area of town. First-time investor here, just looking for opinions. Thanks!

Read more at https://www.reddit.com/r/RealEstate/comments/4lvcxd/investing_in_old_properties/?utm_source=ifttt