Newsflash: CA Land Entitement

Has anyone successfully rezoned and entitled land in CA? I was hoping for some basic insight into the process. Not for personal use, I’m not a land developer.

Read more at https://www.reddit.com/r/RealEstate/comments/a1xath/ca_land_entitement/?utm_source=ifttt

Advertisements

Newsflash: Why do listings randomly pop up..

So I’m pretty thorough at scouring the various sites for homes in my area so i know which homes are for sale on on the site . Well sometimes i will be looking and a “new” house will pop up that ive never seen before on the site. Expecting the home to be a new listing, i look at number of days on market and am surprised to learn that it is 100 or whatever number of days. Anyone know why this is? Can people hide their listings?

Read more at https://www.reddit.com/r/RealEstate/comments/a1xmeu/why_do_listings_randomly_pop_up/?utm_source=ifttt

New Story Just Out: Trump Administration Says Companies Can ‘Incidentally Harass’ Marine Mammals

Yet another interesting headline in the world of health and well-being. Trump Administration Says Companies Can ‘Incidentally Harass’ Marine Mammals
It’s a decision opposed by environmental groups, who say the blasts could harm marine animals, and some coastal communities, who fear it could be a precursor to offshore drilling.

Read the full story here

Newsflash: Buy or Rent?? 😩

My wife and I are both active duty military and stationed in our desired state but not the city. We hope to be at this base for quiet some time and considered buying rather than renting to have that kind of investment. However, we are going through some pros and cons about buying a property here, in Tucson AZ versus renting a place here and saving up a hefty down payment on our dream, “forever” home in the East Valley of AZ.I understand that real estate, the economy and stocks and whatever else are very unpredictable in the future and don’t want to lose an opportunity to have an investment In case we want to sell in the future. OR, possibly keep it because the housing in East Valley dramatically increased in the next 5-10 years and we may have that possibility of not being able to afford property there.Any thoughts or suggestions? Anything we need to take into consideration? TIA.

Read more at https://www.reddit.com/r/RealEstate/comments/a1vtbo/buy_or_rent/?utm_source=ifttt

New Story Just Out: Dead Sea Lions With Gunshot Wounds Wash Up On Washington State Shores

Yet another interesting headline in the world of health and well-being. Dead Sea Lions With Gunshot Wounds Wash Up On Washington State Shores
At least eight dead sea lions with bullet holes have been found since September. It’s illegal to shoot marine mammals, but that hasn’t stopped some fishermen from going after them.

Read the full story here

Newsflash: (CA) Buying duplex and living in garage

Hi!I’m looking into buying my first property within the next year or so. I am still in school and can’t afford a mortgage of more than about $400 per month with my current income. However, I could afford a $150k duplex by renting both units and living in a cheaply converted garage. I have in hand the 5% or 10% down payment but not the 20% asked for pure investment property.I could basically live for free and passively build equity in the duplex. I plan to live there for at least 3 years while in university.How should I go about doing this? Could this compromise my mortgage contract somehow? What are the regulations on this kind of living situation?

Read more at https://www.reddit.com/r/RealEstate/comments/a1vne9/ca_buying_duplex_and_living_in_garage/?utm_source=ifttt

Newsflash: purchase blowing up

It’s a whole story, but basically the loan will not be approved due to an issue with the house that the sellers agent downplayed to the lender. Despite me mentioning it to the lender and specifically asking if it would affect underwriting, the lender said it was fine (likely due to his communication with sellers agent) and that I was Ok to release contingencies which I did.Today is closing day and it’s not going to happen. Did final walk through yesterday (lender decision was down to the wire) and the expensive built in fridge is non functional. Seller agreed to repair, but will not happen for a week or two. I signed final walkthrough agreement, but listed fridge non functional as an exception to everything being in significantly simlar condition.​Since today is closing day, can I walk and get my deposit back citing the fridge non functioning as the house not being in the same condition? Do I have to give them the opportunity to repair?

Read more at https://www.reddit.com/r/RealEstate/comments/a1v8hr/purchase_blowing_up/?utm_source=ifttt