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therobit posted:Yeah, the built in childcare and the ability to keep an eye on the in laws were most of the appeal. I thought I could handle the level of general frustration that my in laws can cause me, and it took a family crisis for them to show how amazingly hosed up they can make things. I agree that in healthier families or families that are hosed up but committed to being miserable together it can work splendidly, and some cultures multi-generational living is the norm. The thing about built-in childcare is that when you pay for child care you can say, "No, don't hit them, no, don't put cereal in their bottles, no, don't punish them for toileting mistakes." With family? They can say "I raised you, and you turned out fine," and ignore everything you say about how you want your children to be raised. I loved my parents a lot, and looking back on my childhood, I wouldn't have wanted them to raise my babies even if they'd wanted to. (They, wisely, said before we even had children that they'd raised their share and they were done.)
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# ¿ Apr 24, 2022 05:36 |
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# ¿ May 2, 2024 12:05 |
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The Third Man posted:Is there such a thing as a realtor/broker that operates at a broader scale, or are we better-off narrowing our search to a few smaller areas and trying to work with multiple agents? If we'd been dealing with a pan-Mendocino County realtor, that's 3800 sq. miles of radically different terrains and climates and history. Somebody who knew the best places to live in Ukiah (inland, relatively flat, hot) wouldn't have a clue about the best places to live in Fort Bragg (rolling hills, seacoast, lots of fog). A good realtor -- there are lots of bad ones -- can tell you what the trends are in the market. For my previous house, the realtor said things like ,"That one's not going to sell at nearly the asking price; they deliberately underpriced so it will go into a bidding war," and "Do you see all the 8s and 6s in the sales price? That means they're trying to attract Asian-culture buyers." Inside knowledge, if you can get it, is key.
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# ¿ Apr 24, 2022 18:38 |
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1st_Panzer_Div. posted:My knowledge is west coast, so I'll only give thoughts on that area: Necro-post: What's the quantitative difference between "a bit", modest, moderate, and slight?
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# ¿ Apr 24, 2022 20:01 |
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Pollyanna posted:https://www.compass.com/listing/64-potter-road-waltham-ma-02453/1029630646395688865/?origin=listing_page&origin_type=copy_url The kitchen is dated, but looks workable. There are a couple of things that are going to be annoyances. The only path into and out of the back yard goes through the kitchen. If you have children, frequently entertain, or have dogs, that means dirt being tracked into the kitchen, as well as the cook constantly being interrupted by people walking through -- maybe even through the work triangle, although I can't spot a refrigerator. The long grey-green room, whatever it is, has a big chunk of space that has to be left free for people to walk into and out of the doors leading off it. That makes the space even narrower than it looks in the picture. Because of the narrowness, it's going to be awkward finding a furniture layout that looks good and functions well. If it's the master bedroom, this may not matter as much. Is there a covered path from the garage to the kitchen, or do you need to carry the groceries out into the slush, up into the living room, through the house, repeat?
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# ¿ Apr 24, 2022 20:17 |
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Pollyanna posted:Long green room is probably the master, yeah. I wonder if they consider the finished part of the basement to be a BR. Not enough info on the site to be sure. In my state, a basement bedroom is only legal if you can exit the room through at least one of the windows. If there's only one emergency exit from a room, it isn't a bedroom. edit edit: I note that the heating is electric baseboard and oil. Verify just how much of the heating is electric baseboard, because that can wind up very spendy very fast. Arsenic Lupin fucked around with this message at 20:45 on Apr 24, 2022 |
# ¿ Apr 24, 2022 20:36 |
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QuarkJets posted:fwiw you should hire an inspector even if you don't have an inspection contingency
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# ¿ Apr 26, 2022 16:59 |
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Pollyanna posted:What happens when you buy a house at a high price, its value drops to a very low price, and you then sell for less than the remaining money on your mortgage? e: You can short sale only if the bank agrees to it. If they decide they'll make more money that way, they'll go straight to foreclosure.
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# ¿ Apr 26, 2022 19:05 |
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Pollyanna posted:I know I said I wouldn’t post here until I went through that Fannie Mae course, but anything I’m missing in this house? I can't tell for sure, but it looks like a long-ish hike from the parking area to the kitchen entrance, with a steps along the way. No fun in a snowstorm/ice storm. I wonder about the smoke stains on the fireplace. Badly designed for airflow? Unswept chimney? Other? I don't see a single place you can cram a second bathroom into. That could mean it's 3br/1 bath for keepsies, and that's going to be hard to sell in the future as well as now. Up until they put me into a retirement home, I never want to live in a single-bathroom house again. e: TacoHavoc is absolutely right about the staircase. We discovered we couldn't get any of our 6' bookcases up our staircase, nor a queen-sized "foundation" (box spring equivalent.) I don't know how you measure that, but at least walk up the stair imagining you have a 6' object in your hands and ask yourself if it could make the turn around the corner. Arsenic Lupin fucked around with this message at 17:43 on Apr 27, 2022 |
# ¿ Apr 27, 2022 17:41 |
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I wouldn't at all be surprised if that out-jutting part of the living room was a converted porch.
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# ¿ Apr 27, 2022 18:30 |
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I bought a house at double-digit interest rates (I think 13%?) in the mid-to-late 1980s. The housing market in Massachusetts was red-hot at the time, and if you didn't buy, even at 13%, you were never going to get to buy. The minicomputer industry tanked (rip DEC, Pr1me, Data General, ...), there was a defense industry cut-back that I don't remember the causes of, and housing prices tanked. Most recently-bought houses were suddenly very underwater. Even though there was a lot of pent-up demand, there wasn't enough to maintain housing prices at their previous level. It can absolutely happen again.
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# ¿ Apr 28, 2022 17:00 |
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raggedphoto posted:I started filtering Redfin to show homes that had been on the market for more than 30 days and while most were total crap/overpriced there were some hidden gems including the house we are closing on. Tell us about your hidden gem and why it was hidden!
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# ¿ Apr 28, 2022 22:34 |
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That sounds wonderful.
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# ¿ Apr 28, 2022 23:34 |
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DaveSauce posted:Looks like an attempt at sealing some air leaks. Yeah, that was my guess, too.
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# ¿ Apr 29, 2022 19:11 |
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Somebody needs to set up an AuctionSniper for real estate. (My son's suggestion, at supper.)
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# ¿ Apr 30, 2022 03:23 |
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Motronic posted:Your real estate agent should be the person you go to for local advice on very local market things like this. If they don't have a good answer with supporting examples fire them and get a better one. They need to do something to earn their outsized commission. Because we let them do the driving, we both made out like bandits. However, we'd lived in the house for 20 years without doing any updates, so the house needed painting, floor refinishing, the works. In this market, if the house is in clean condition, that may be all you need. Ask the realtor.
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# ¿ May 2, 2022 18:40 |
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Chunjee posted:I'm trying to figure out if a manufactured/mobile home would be a good option for me. Family size needs something bigger than our condo. I don't see a way to get more sq ft without taking out an even bigger 30yr loan which I want out of. I can pay 90-100% of the cost (lets say 150k) with the proceeds of selling the condo. I have no doubt prices will continue to rise short-term but I don't like the risk plus the demand to further stretch my finances to qualify for the 380k+ it would take.
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# ¿ May 2, 2022 23:16 |
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Chunjee posted:I would probably be fine with either of them but the rest of the family wasn't feeling it and or the neighborhood. We saw a grandma staring at us wide-eyed and slack-jawed; later a "'NO SOLICITING WE ARE TOO BROKE TO BUY ANYTHING" sign which sorta summed up the vibe there. A mobile home in a mobile home park is a speedily-depreciating asset. Don't buy it.
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# ¿ May 3, 2022 19:37 |
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If I didn't have a realtor, I'd have to negotiate directly with the buyers or sellers, and I suck at negotiation. The realtor keeps me at arms' length from the other party, and my realtor in particular told me how to restyle the house to make maximum money.
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# ¿ May 4, 2022 02:59 |
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Upgrade posted:There are other professions who can be paid flat fees (stagers, real estate lawyers) to fill these needs without adding 5-6% to transactions. True.
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# ¿ May 4, 2022 03:38 |
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Inner Light posted:No shade on the beach house option, but I’ve often wondered, how is your ownership going to compare to airbnbing instead? Think you’ll save over the long haul?
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# ¿ May 6, 2022 16:09 |
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Alarbus posted:Also, that's harder to get into now since the pandemic drove people to work from "home" at the beach instead of a studio in NYC, house prices are up double or triple.
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# ¿ May 6, 2022 18:15 |
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BonoMan posted:First offer officially submitted. Feeling like I'm going to barf. Hang in there. This is a big emotional roller coaster.
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# ¿ May 7, 2022 05:00 |
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Once you add your wife's commute to her hours at work, how much time will you be spending together in your new house?
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# ¿ May 8, 2022 16:54 |
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The State of California realty association has banned people from writing love letters about houses, because they said that it gives too many opportunities for the seller to discriminate against buyers for illegal reasons. I can't see that they're wrong. The federal Fair Housing Act absolutely applies to private home sales.
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# ¿ May 9, 2022 02:24 |
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What I said, quite specifically, is that the California governing board of Realtors has told its members not to send or consider love letters, on the grounds that this can easily lead to prohibited discrimination. Like, for instance, picking the couple with White-sounding names.
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# ¿ May 12, 2022 04:08 |
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My understanding is that knob and tube is just fine if you don't disturb it. Basically, don't wake the dragon up, ever. Do not connect new wiring to it, do not blow in insulation, leave it the hell alone. My house has some knob and tube and the insurer didn't care.
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# ¿ May 15, 2022 02:57 |
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CongoJack posted:My friends recently bought a very old house that was a rental. It appears to have all the problems you might expect including ... a shower drain that just drains beneath the house. Holy poo poo, that must be fifty shades of illegal.
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# ¿ May 16, 2022 18:19 |
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https://twitter.com/TheRealWBTC/status/1526572377756213248
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# ¿ May 18, 2022 00:03 |
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Involuntary Sparkle posted:If anyone else wants to save it on Redfin to see what it sells for: https://www.redfin.com/CA/San-Francisco/200-Judson-Ave-94112/home/1976022
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# ¿ May 18, 2022 15:26 |
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I'd add that in this contracting environment you are not going to be able to get major repairs scheduled, far less done, before closing.
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# ¿ May 19, 2022 00:45 |
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Douchebag posted:Half hour later I learned a whole lot about how things are going. Lots of management changes, lack of pressure or follow ups with the actual developer, lack of pressure on the town to approve the site etc. She was basically telling me without telling me, to get out. If we stick with it we probably won’t sniff closing until late this year or early 2023. If we bail we get a full refund (over $18K). If you got in at a great price point on a shitshow, it's still a shitshow. You need somebody somewhat competent supervising the build. (I dream, I dream.) If the town hasn't even approved the site, you're probably longer than 2 years out, because that plus running water and sewer out takes time. I thought of a better way of putting it. If the town hasn't approved the site, nobody has any idea, at all, how long it is until move-in. A whole bunch of stuff can't even start until the site is approved. Arsenic Lupin fucked around with this message at 04:19 on May 19, 2022 |
# ¿ May 19, 2022 04:15 |
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net work error posted:Hey all, I'm working on being a first time buyer and was going to start reaching out to buying agents for help with a purchase. Going through the thread and some other sites I have a general idea on what questions I should ask when interviewing the ones I've found but I wanted to know if there was any information that I may not necessarily need to provide or keep to myself as part of the search? As a first time buyer I'm trying to double check everything because I certainly don't know much!
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# ¿ May 19, 2022 21:16 |
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BaseballPCHiker posted:In peoples experience here how long did wired funds take to hit your account?
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# ¿ May 24, 2022 15:59 |
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Pollyanna posted:Yeah, I’m thinking of just skipping out until another year. I’ve clearly got a lot of learning to do, and I’m not in dire need of a house or anything, so I’m willing to wait until the right one comes along. You are paying to share a wall in a new-built home with a stranger. I would not be confident that any money had been spent on sound insulation.
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# ¿ May 25, 2022 03:30 |
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nwin posted:Walk thru was fine. It was swept and relatively empty but not clean by my standards. One bottle of listerine left behind, a shower curtain, and the fridge needs cleaned.
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# ¿ May 26, 2022 20:58 |
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cats posted:My POs left one of those tiny bottles of vodka with a sticker that said something like "in case of emergency, mix with coffee." Gave me a chuckle.
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# ¿ May 27, 2022 03:26 |
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Dik Hz posted:Man, would have been nice if they at least trimmed the bushes.
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# ¿ May 27, 2022 16:42 |
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Elephanthead posted:I find the most important thing in finding a house is talking to the adjacent neighbors before making an offer to see how insane they are. In my last house, I solved this problem by never talking to the neighbors. In my current house, the neighbor calls me to warn me about storms and brings over fresh-baked banana bread.
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# ¿ May 31, 2022 19:54 |
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1st_Panzer_Div, I looked at a map on FRED, and holy cow is the Midwest hollowed-out. https://fred.stlouisfed.org/series/ATNHPIUS06045A
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# ¿ Jun 1, 2022 22:41 |
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# ¿ May 2, 2024 12:05 |
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My home warranty (paid by realtor) is sending me emails telling me to renew. Given that they explicitly didn't cover the two things I was having problems with -- the gas fireplace that heats the house because they don't do fireplaces, and the well pump because they don't do wells -- not remotely tempted, even if I didn't know what a scam home warranties were.
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# ¿ Jun 9, 2022 17:47 |