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While we've been spitballing ideas on houses, we've come across several new build communities since our target area is a rapidly growing area that doesn't really have enough established suburbs to support the population boom. What are the potential pitfalls of a new build community besides general permit bullshit, construction delays, poor materials/workmanship, etc? We're already planning on tacking on $50k to whatever the base price is for upgrades. I've been told that I should also come armed with my own realtor before setting foot in a model home. I had a really bad experience with a new build place a few years back but it was an abnormal situation so I'm willing to give it another go with a less sucky company. The idea of having some input on the house layout and not having to deal with improperly maintained stuff from previous owners is appealing to us.
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Aug 6, 2016 03:38
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Aquatic Giraffe posted:While we've been spitballing ideas on houses, we've come across several new build communities since our target area is a rapidly growing area that doesn't really have enough established suburbs to support the population boom.
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Aug 6, 2016 03:53
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Aquatic Giraffe posted:While we've been spitballing ideas on houses, we've come across several new build communities since our target area is a rapidly growing area that doesn't really have enough established suburbs to support the population boom. All of the new build communities that we looked at had garbage layouts, but we often didn't realize that until we sat down and thought about them ("wait a minute..."). They also usually came with nothing, not even appliances, so that's something to check for. On the flip side, the higher-end new build communities all seemed really great but were out of our price range.
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Aug 6, 2016 06:41
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moana posted:- use bleach to clean everything Obviously there was more going on, but this experience highlights an important fact for homeowners to know: Bleach is not an effective mold treatment product for porous or semiporous sufaces. It does not penetrate, and the active ingredient evaporates within hours. Effective mold remediation requires the use of mold treatment products like Concrobium, which is safe, inexpensive, and effective for months or often years on most surfaces. You can buy it at home depot.
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Aug 6, 2016 07:57
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QuarkJets posted:All of the new build communities that we looked at had garbage layouts, but we often didn't realize that until we sat down and thought about them ("wait a minute..."). They also usually came with nothing, not even appliances, so that's something to check for. I've noticed that with the weird layouts. What in the gently caress is this trend of putting the master bedroom closet attached to the bathroom so you have to walk through the bathroom to get to your clothes? How are you supposed to get dressed if your spouse is busy taking a poo poo? Who wants their clothes ruined by shower steam and or poop particles floating around daily? I don't get it.
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Aug 6, 2016 16:53
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What are your dumps like
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Aug 6, 2016 17:49
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Reminder: if you can smell a poop, that means particles of that poop have entered your nostrils.
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Aug 6, 2016 18:32
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HEY NONG MAN posted:What are your dumps like Normal human dumps produce poop particulates that wind up the air, unlike your robot dumps
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Aug 6, 2016 18:45
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GameCube posted:Reminder: if you can smell a poop, that means particles of that poop have entered your nostrils. Nah it's really mostly gasses more than particles. I mean, gas is made of particles so yeah, but like you were probably thinking of floating pieces of poo poo, but really the stink is from gasses which is why you can deal with them almost instantly by lighting a match. Also LOL if you and your spouse are uncomfortable seeing each other sitting on a toilet. My wife and I were past that within like two months of dating.
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Aug 6, 2016 18:48
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That's one of the few times where you can truly feel like you have some privacy and don't have to deal with people, why would you want to give that up
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Aug 6, 2016 18:51
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Pff, privacy No but that is a dumb place to put a closet, I'll give you that.
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Aug 6, 2016 18:55
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Don't most of those layouts have the toilet in a tiny closet like thing with a door?
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Aug 6, 2016 18:59
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I saw a small new-build house where the first floor was one really long hallway in a U shape connecting the front door to a tiny living room and decent-sized adjacent kitchen, with an enormous stairwell (like you could probably fit 4 people side by side on these huge stairs) right in the middle of the house. But the living room wasn't really big enough to fit a couch or anything in, it was just awkwardly narrow. That didn't stop the real estate agent from trying to make the place look livable and sticking a couch there anyway, so we were basically squeezing past this couch on the way to the kitchen I don't know why they sacrificed so much square footage to this huge stairwell
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Aug 6, 2016 19:02
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Our last house had a big-rear end staircase splitting the downstairs living area into two small useless rooms and also had the bathroom closet. Never again.
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Aug 6, 2016 20:21
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We once lived in a house with the closet coming off the bathroom. Then one summer everything in the closet started molding, so we moved because we were renting.
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Aug 6, 2016 22:31
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HEY NONG MAN posted:Don't most of those layouts have the toilet in a tiny closet like thing with a door? This is such a weird trend, too. You just wiped your rear end, but you're supposed to touch a door handle? No thanks. Toilet belongs with the sink. Always.
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Aug 8, 2016 01:40
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I think it's useful for after you've taken a steaming poo poo but still want to do other stuff in your bathroom.
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Aug 8, 2016 03:07
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Rurutia posted:I think it's useful for after you've taken a steaming poo poo but still want to do other stuff in your bathroom. Buy a lid for your toilet If things are really bad then get a bottle of air freshener or one of those tablet things that goes in the toilet's upper basin
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Aug 8, 2016 03:14
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Look at moneybags here who's still got leftover cash to buy a lid for his toilet seat.
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Aug 8, 2016 03:19
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I'm not sure what a toilet seat would accomplish smell wise that flushing wouldn't. I just meant I don't see its function as for closing the door while you're inside, but rather for after you're done. So touching the door handle isn't a big deal and the sink can be placed right outside the door so it's not any further than if there wasn't a door.
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Aug 8, 2016 03:29
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Please don't turn this thread into a GBS wiping discussion. I'm begging you.
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Aug 8, 2016 05:09
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HEY NONG MAN posted:Don't most of those layouts have the toilet in a tiny closet like thing with a door? This my bathroom, it has it's own poop bathroom. You don't bath n the poo poo room, don't poo poo in my bath room. I normally get by with only using one hand to wipe but I guess you might have to use both and not have a free one to open the door and turn on the sink. Elephanthead fucked around with this message at 20:55 on Aug 8, 2016 |
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Aug 8, 2016 20:52
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Zanthia posted:This is such a weird trend, too. You just wiped your rear end, but you're supposed to touch a door handle? No thanks. What about all those poor people who still have to flush with a toilet handle? How are they supposed to get by? Is there some expectation that you will poo poo, close the lid (but now the lid is dirty), wash your hands, and flush the toilet (oh god microscopic particles of poop EVERYWHERE)?
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Aug 8, 2016 21:23
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I really like my hands free kitchen sink so I just poop in there, thus circumventing the whole gordito knot. E: plus I don't get a ticket if I use it while driving
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Aug 8, 2016 22:52
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I usually just poo poo directly into (or just next to) the storm drain on the curb of my street, seems to work pretty well and I never ever have a clogged toilet
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Aug 8, 2016 23:00
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QuarkJets posted:I usually just poo poo directly into (or just next to) the storm drain on the curb of my street, seems to work pretty well and I never ever have a clogged toilet 
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Aug 8, 2016 23:20
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Dumb people with house on market for 90 days (and no offers) refuse to take 10 grand less than listing. And took five days to reject our offer. So now we walk. Cya later!
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Aug 10, 2016 20:25
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Drunk Tomato posted:Dumb people with house on market for 90 days (and no offers) refuse to take 10 grand less than listing. And took five days to reject our offer. I don't understand why people leave their listing up for months at a time with no price reduction. One particular listing near me has been up since September '15 with no price drops. Why?
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Aug 10, 2016 20:50
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Because they would like to move but they can't afford to go any lower? Maybe they're underwater and literally can't cut any further.
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Aug 10, 2016 21:11
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Or maybe they are simply interested in moving at a certain price but not below that. No one says you have to keep a house if you have an offer you are willing to part with it at.
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Aug 10, 2016 21:42
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The Shep posted:I don't understand why people leave their listing up for months at a time with no price reduction. One particular listing near me has been up since September '15 with no price drops. Why? I suppose in a hot market where prices keep increasing the feeling might be that the market will get there eventually. That said, in a market where everything decent is selling within the first ten days (often for over asking), potential buyers may not even pay attention to older houses. We were looking at only houses that had just listed after our first couple weeks of looking. The house we just bought went pending once and went back on the market before we looked at it. We offered $25k under and they countered with $15k. Having now been on both sides of the deal you definitely feel the pressure as a seller to not want to have it sit or go back on the market once or twice. Nail Rat posted:Because they would like to move but they can't afford to go any lower? Maybe they're underwater and literally can't cut any further. Past sales price can tell you a lot about what you want to offer. Someone who bought a house 15 years ago for $100k and are asking $210k may be just fine selling for $200k. Someone who bought in 2007 for $225k is probably just hoping to walk away without having to pay their realtors fees out of pocket.
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Aug 10, 2016 21:47
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Nail Rat posted:Because they would like to move but they can't afford to go any lower? Maybe they're underwater and literally can't cut any further. Yeah, this. Sometimes you don't have a choice. We've had a house on the market for like 7 months now and have dropped it a lot over that period, but we are now at the point where any further drops will cause us to pay money at close to sell it.
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Aug 10, 2016 22:28
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This specific house has already dropped $10k in price after each 30 day period on the market. The next logical progression was a price drop today, which is the same amount we offered for. No dice. These people bought decades ago when the house was worth less than a third of what it's going for now, so I seriously doubt they are underwater. Also, they did have an offer months ago where the buyers bailed after inspection. So again.... we're very confused about what's going on with them. We do know their listing agent is super annoyed.
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Aug 10, 2016 22:46
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BeastOfExmoor posted:That said, in a market where everything decent is selling within the first ten days (often for over asking), potential buyers may not even pay attention to older houses. We were looking at only houses that had just listed after our first couple weeks of looking. Yeah, I'm a little surprised they let the listing sit for 90 days, rather than relisting periodically to stay in those searches.
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Aug 10, 2016 22:56
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Drunk Tomato posted:This specific house has already dropped $10k in price after each 30 day period on the market. The next logical progression was a price drop today, which is the same amount we offered for. No dice. They could have kept borrowing as the house rose in value They could also be like my old landlord who wanted to sell his house but didn't mind waiting for about 4 years for the market to catch up to his asking price
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Aug 10, 2016 23:53
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My wife and I have decided to buy our first house, and we found one we like but we're getting some conflicting advice from a mortgage broker and our agent, and I'm hoping to get some collective goon wisdom. We're in Portland, OR and the top of our price range is $350k. The market here is white hot, though it's not as bad as it was over the spring and early summer. Most listings in our price range are going in less than a week. We found a house we'd like to put in an offer on that's listed at $319, it's been on the market for 18 days, and over the weekend the price was dropped (was $329k). The house is a 2 bed, 1 bath house with ~800 square feet. The garage has been converted to living space, basically a third bedroom and a second full bath, if it counted as finished square footage, the house would be ~1,100 sq ft. These changes were made before the current owner bought it, and it turns out that the work wasn't permitted when it was done. Parts of the work are obviously stupid - the electrical panel was on the garage wall and it's now in the second bathroom, a no-no; the furnace and heater have been "hidden" by stapling little plywood walls around them - also stupid. But the garage was already plumbed and wired for electrical, so the odds that there are huge problems with those are low. The rest of the house is fantastic. We originally wanted to put in an offer, then when we discovered it wasn't permitted, we decided not to. Our agent basically said "well tons of houses have unpermitted work, it's not a big deal, we get the sellers to fix the obvious safety problems and blah blah." We went back and forth on it for a couple days, and today we decided to go ahead and move forward. Now our mortgage broker says that it's pretty risky, because we could get a few thousand into things with inspections and poo poo, and then the appraiser blows it up by noting the unpermitted work and the lender will pull the plug. Our agent has now reversed course and is agreeing with him - not to put in an offer. She said "well if it were your dream home I'd say..." We are not wide-eyed Bambis here - we are aware that with a 5% down conventional mortgage and looking in Portland in the low 300s, we won't be in sniffing distance of "dream house". But this house ticks all the boxes: huge back yard and deck, very little work to be done, nice neighborhood, a place for me to use as a dedicated office (the former garage - I work from home), good price, favorable negotiation position, etc. Are we dumb for putting in an offer? Is there some way to put in an offer that will better protect us? Do lenders really care a lot about unpermitted ADUs?
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Aug 11, 2016 00:06
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There's a house a block from me that was listed around 4 months ago for easily $80k more than it's worth and is now on its 3rd real estate agency and $70k down from original list. I wonder how you have had to gently caress up to be the poor bastard to get that listing.
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Aug 11, 2016 00:10
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The Shep posted:I don't understand why people leave their listing up for months at a time with no price reduction. One particular listing near me has been up since September '15 with no price drops. Why? Because that is their price. It's their property and they can set their own terms.
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Aug 11, 2016 01:02
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I apologize for the poop derail. The house I rent now was on the market for 6 months and it didn't sell so they put it up for rent out of desperation. I asked the neighbors why it didn't sell because it seems like a pretty good house and they said they listed it above market value because they over-valued their sorta lovely DIY upgrades and the owners refused to drop the price and rejected all the offers below list price. The owners live out of state now so you'd think they'd want to get rid of it but whatever. Worked out for me.
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Aug 11, 2016 02:41
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Sub Par posted:Portland is a hot market, etc... In Portland, homes on the market for more than a week in that price range do not have offers for good reasons. The house is either overpriced and not comparable to other homes nearby, or there is something wrong with it. The latter bit is something you may be able to work with, depending on what's wrong. Unpermitted additions are popular in areas with capped annual tax assessment increases. Portland's taxable assessment can only increase by 3% annually regardless of the real assess value of the property. I believe permitted additions require a reassessment of taxable value, meaning your home might currently be taxed at a value of $100,000, but you turned your garage into a bedroom and now it's taxable at $300,000. Without the permitting process, your tax would increase by up to 3% per year from 100,000. With the permitting process, you'd be starting fresh at a freshly assessed $300k with potential tax increases of 3% annually. So, you now have significant leverage, but the home might also be less attractive. To correct the issue, the current owner would probably need to retroactively permit the addition. If it is code compliant, the new assessed value would be far higher than what it probably is now and you'll be paying 2-3X taxes, plus you or the prior owner would probably be liable for back taxes from the time the addition was installed. If the new addition is not up to current code, I'm not really sure what the process is, but you could be in a great position to negotiate for a large price discount. Instead of looking at a 2 bed, 1 bath house, you're looking at a 1/1 and you probably won't find comps nearby. $320k is a lot for in Portland for a 1/1 outside of a premium neighborhood, and if it was in such a neighborhood it probably would have an offer by now. Don't forget the impact of tax in your purchase decision. There was a house for sale in the NE Dekum area at about $350k that I considered simply because the assessed taxable value was around $65k, which resulted in roughly a $2k per year property tax benefit compared to comparable homes in the area. If you jump on a house near your mortgage cap and the taxes double or triple, that could be a real problem. Also, the taxes will not go away after you've paid off your mortgage. Also, sellers and buyers agents interest lies solely in making the sale. The seller doesn't really want to maximize the sale value and the buyers agent doesn't really want to minimize the cost to the buyer. The sale is how both are paid and minor sale price variations do not matter to either. The lender would err on the side of being slightly conservative, but they still want to get the loan approval through. Use your own judgement with these things in mind. Magicaljesus fucked around with this message at 03:51 on Aug 11, 2016 |
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Aug 11, 2016 03:46
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