Our buyers closed two weeks ago. They had only been complaining about a smell on the basement stairs, even though the contract post-inspection only required us to clean the brand-new carpet and fix some electrical issues. Nothing about remedying a smell. The carpet cleaner they chose even said it just smelled like a typical concrete…
I’m looking at a small vacant lot in Maryland, being sold as 1 of 5 other vacant lots. They are all builder owned. The deed does not describe any restrictions regarding improvements, and the builder does not require the buyer to use him for any new construction. It’s advertised ‘No HOA.’ Is it possible for…
Set to close in 5 days in NJ. Today our real estate attorney said the seller is backing out. Apparently they didn’t like something they saw in their new-build home (cracked foundation) so they cancelled their purchase and decided not to sell their current house. 100% of our escrow will be returned, sellers verbally offered…
Today my realtor dumped me and I believe it’s a blessing in disguise. Since I started working with my realtor I’ve been sending all the houses we have viewed. He only sent us like 3 houses in the entire month I’ve worked with him. Many of the stuff he’s done has been a red flag…
We found our dream home. Great price and only 9 years old. Everything basically looks new still. Recently we found out the seller lied. He stated the house does not need flood insurance. Turns out it does. The house will be removed from needing flood insurance sometime in 2025 but there’s no solid date. The…
My husband and I both in our 30’s and both men, want to go look at a house to potentially put an offer on. Is it weird to bring my father? He’s very smart, used to do plumbing, and a great guy to point out pros and cons. Please be honest. I feel weird because…
We just closed on a home for $475K that we bought from a seller who is also a realtor and lawyer. The following day we received an email from the original owners. They said they built the house in 1996 and lived in it for 26 years before it got foreclosed in 2022 and the…
We are closing this Friday, and we just went over to the house for a walkthrough, to find that the seller removed the main chandeleur in both the entrance and great room. It looks like electricians are charging almost 1000 for high ceiling installations. Originally, and this isn’t anywhere on our purchase and sales agreement,…
If you’ve been holding off on selling your house to make a move because you felt mortgage rates were too high, their recent downward trend is exciting news for you. Mortgage rates have descended since last October when they hit 7.79%. In fact, they’ve been below 7% for over a month now (see graph below): And while they’re not…