Newsflash: How big of a deal is it that the papers when I bought my house had incorrect information?

I purchased my first home in 2006 without an inspection (I now know this may have been a mistake). This week in the attic I not wires that haven’t been used since he early seventies. The paperwork for the home has it being built in 1985. Is this gonna end up biting me in the ass when I sell?

Read more at https://www.reddit.com/r/RealEstate/comments/68iljr/how_big_of_a_deal_is_it_that_the_papers_when_i/?utm_source=ifttt

Newsflash: Blueprints / Floorplans

Is there a way to get blueprints or floorplans for houses?My wife and I have started the process of buying our first house. We understand that we’re going to have to personally look at many houses before we find one that’s right but it’s really annoying when you get there and find that it’s nothing like what the listing suggested.I understand that the listing agents want to market their properties but they all use wide-angle lenses and many of them exagerate qualities about the house (I’m not talking about outright lying).We’ve looked at places with absurd floor layouts like bedrooms that are only accessible through other bedrooms and it’s just a waste of time.

Read more at https://www.reddit.com/r/RealEstate/comments/68icx1/blueprints_floorplans/?utm_source=ifttt

Newsflash: FHA in a competitive market?

My husband and I have lost two bids so far in the MD suburbs. Both times we’ve had bids above asking price, both times we said we were using FHA lending. This most recent one, we were the top bid but lost. We can get a .75% lower interest rate and a lender’s credit with the FHA, but in a hot market, should we just go with conventional? Advice?

Read more at https://www.reddit.com/r/RealEstate/comments/68htc6/fha_in_a_competitive_market/?utm_source=ifttt

Newsflash: Is there a way to figure out how many homes were listed by month across the country?

I’m looking for a resource that will tell me (when I select which city) the statistics by month of how many homes were listed, sold, etc.For example, if I wanted to know how many homes were listed in December in Tuscan, AZ, it would give me that info.Thanks!

Read more at https://www.reddit.com/r/RealEstate/comments/68hir6/is_there_a_way_to_figure_out_how_many_homes_were/?utm_source=ifttt

Newsflash: Potentially purchasing a property in the country and not sure about what to do about inspection(s)

I’m considering purchasing a property that’s a bit out there from the city I currently live in. It is a small farm (<10 acres) that's on well/septic and has a large propane tank for heating the house. I've purchased real estate before, but only ever within city limits and I'm curious if there are other types of "inspection" I should be getting or if a standard home inspector would also cover these types of things. Thanks for any replies.

Read more at https://www.reddit.com/r/RealEstate/comments/68gu1r/potentially_purchasing_a_property_in_the_country/?utm_source=ifttt

Newsflash: Use selling broker or find my own broker?

When buying my first commercial 4-plex, should I call and use the selling agent on the listing or should I find my own broker?My reason for going straight to the selling agent is I could possibly get him to lower his commission to 5% and I could build a good relationship with him for future properties. My thoughts on getting my own broker is so that the selling agent doesn’t screw me. Thoughts?4-plex is 100k

Read more at https://www.reddit.com/r/RealEstate/comments/68gugz/use_selling_broker_or_find_my_own_broker/?utm_source=ifttt

Newsflash: What is the difference between a Broker and an “Affiliate” Broker license?

What is the difference between a Broker and an “Affiliate” Broker license? I ask because I am planning on getting a license so that I can view the MLS system… I am not trying to become a Realtor, I am just doing some investing. I know that the difference probably won’t matter for what I am going to do with the license(view MLS), but I am interested in the difference just for the sake of knowing the difference.

Read more at https://www.reddit.com/r/RealEstate/comments/68h4l5/what_is_the_difference_between_a_broker_and_an/?utm_source=ifttt

Newsflash: Is a “Notice to Quit” Going to be public record, if the “notice to quit” was issued in error and was corrected?

Basically my current landlord issued a notice to quit on my apartment erroneously. She assumed I had a pet in my apartment when I had not, and instead of calling me or checking on my apartment, she issued a notice to quit. We have resolved the issue now and she has rescinded on her stance.My question is, does this go on some sort of public record? I’m trying to move to Seattle in a month and apartment hunting has been hard enough. I can’t imagine anyone will rent to an out of state student with a bad mark on their record.Also if this is on my public record, is there some way to get it off? Or is there some form of repercussion I can take against my landlord for issuing this erroneously?

Read more at https://www.reddit.com/r/RealEstate/comments/68hb6b/is_a_notice_to_quit_going_to_be_public_record_if/?utm_source=ifttt

Newsflash: First time buyer investigating quality of an Agent.

As a first time buyer, I have a friend recommending his mother as an Agent. I have no relationship with her, and so am not worried about any of the pitfalls of ‘using a friend’ that I’ve heard about. However, I also have no way of knowing if she is actually good at the job.So my question is: How does one go about inspecting/reviewing a potential agent when you have their name? Is there a Real Estate Agent ratings site? ‘Yelp for Agents’, perhaps!?Any help is appreciated, thanks!

Read more at https://www.reddit.com/r/RealEstate/comments/68hbsk/first_time_buyer_investigating_quality_of_an_agent/?utm_source=ifttt