Housing market is too far gone.

[intro_vert13]

thread is 🌶️🌶️🌶️

 

[Downset]

Seller agreed

Thanks for all the help getting this far especially @Downset and @kwhitelaw

That's awesome man, I'm super happy for you!

the only kind of person you should hire that a realtor recommends is probably a contractor or movers. i mean think about if you're a buying agent, would you want your buyers inspector to find something that blows up the deal so you don't get your commission or the one that overlooks a few things so you get your commission?

The guy I refer out is fucking awesome. I get no kick backs, and there is no chance in hell that he would ever "overlook" something for my benefit, nor would I expect him to.

Also, I would never even question a client if they said they wanted to use their own inspector.

Don’t worry, 90% of inspectors are garbage. Her person and anyone you thought of using will likely fall in that 90%

Dumb take.

I’m what world should you ever hire a contractor based on a realtors referral
Realtors have no clue what a good contractor is and will recommend whoever kicks them cash or does the quickest work to ensure their comission.
Contractor should have multiple referrals and solid business standing with past clients. Don’t ever ask a realtor for a contractor referral.

The diesel fumes are getting to you man. Many agents deal with a lot of investors, have our their own projects, etc. and know people in all walks of real estate, good and bad.

 

[Downset]

thread is 🌶️🌶️🌶️

 

[Bill The Butcher]

Lol at people still looking for a house

 

[saabguy]

Congrats @Bill The Butcher

I would have stayed with my original inspector just for spite

 

[saabguy]

@stevezissou TRANSITORY

 

[Bill The Butcher]

Congrats @Bill The Butcher

I would have stayed with my original inspector just for spite

Thanks and thanks for your help too

We wanted to but it was easier to do Monday. I'm flying to PA on Tuesday so it would have made it difficult. Sounds like she has postponed a trip to FL too because of this.

 

[saabguy]

How many offers did you make before the offer that was accepted?

I’m glad it worked out for you and I’m not telling anyone not to use VA financing, but they should go in to it with their eyes open. @saabguy acknowledged that agents will advise sellers against accepting VA deals, even if he doesn’t agree with me that the advice is warranted.

You’re right. Lots of misinformed agents advise against VA. Usually it’s because they had a bad experience a million years ago (like your overspray situation which could have been easily handled), or someone told them something about a file somewhere else that they think it was VA and something happened so it must be because VA is bad.

Simple fact is VA has lowest denial rate amongst all loan types. And if you advise your clients against accepting offers, or steer other agents away from bringing their VA clients, you are doing your sellers a disservice. Maybe you have to pay 7% to work with an agent who knows these facts.

 

[Mejnoon]

You’re right. Lots of misinformed agents advise against VA. Usually it’s because they had a bad experience a million years ago (like your overspray situation which could have been easily handled), or someone told them something about a file somewhere else that they think it was VA and something happened so it must be because VA is bad.

Simple fact is VA has lowest denial rate amongst all loan types. And if you advise your clients against accepting offers, or steer other agents away from bringing their VA clients, you are doing your sellers a disservice. Maybe you have to pay 7% to work with an agent who knows these facts.

View attachment 312761

You’re gaslighting again. More stringent condition requirements are a far more significant issue for a seller than marginally higher approval rates that are irrelevant if the lender has done his job right.

 

[Menger]

The chirping is my freeze/leak detector thingy in the crawl space, as I figured it was. Poked my head in there with a flashlight and it looks dry as a nun. Stupid thing might have got cold and got it’s feelings hurt or something idk

 

[Slimmy]

If you have a few years of realized short and long term capital gains, is that able to be added to income when qualifying for a loan?

Wouldn’t that just be cash sitting in your savings/checking account?

 

[Remy Bressant]

You’re gaslighting again. More stringent condition requirements are a far more significant issue for a seller than marginally higher approval rates that are irrelevant if the lender has done his job right.

Imagine considering the house being in a livable condition and repairs done in a workman like manner “stringent condition requirements”

 

[Bill The Butcher]

At the house for the inspection. I thought we'd be following dude around but he is just going over everything at the end unless he finds something urgent he needs to show us.

So far over an hour in nothing urgent.

 

[kwhitelaw]

At the house for the inspection. I thought we'd be following dude around but he is just going over everything at the end unless he finds something urgent he needs to show us.

So far over an hour in nothing urgent.

Some inspectors prefer people dont hover, some don't care. Good time for you to get any room measurements etc

 

[ZeroDeeFeX]

At the house for the inspection. I thought we'd be following dude around but he is just going over everything at the end unless he finds something urgent he needs to show us.

So far over an hour in nothing urgent.

If you have an Apple LiDAR enabled device, scan with Canvas. Then, if you buy the house, pay for the scan to CAD service. Having full CAD of your home is a huge win.

 

[Bill The Butcher]

Some inspectors prefer people dont hover, some don't care. Good time for you to get any room measurements etc

We have a major issue.

Listing said electrical was updated.

The only thing updated however was the garage, kitchen, and inlaw suite which was an addition.

We looking at possible 15k+

Inspector is still looking.

Son of bitch.

 

[Bill The Butcher]

Yeah the whole second floor is not grounded.

 

[TheEvil1]

Yeah the whole second floor is not grounded.

Lol wow

 

[Bill The Butcher]

False fucking advertising

The selling agent is new, this is their 3rd listing.

 

[Bill The Butcher]

Options are get a quote for the electric and add a few grand then ask for credit.

But then all the walls will be ripped up and will have to be fixed.

Plus we would have to wait to give our complex the two month notice later so all this shit can be fixed.

Fuck everything

 

[DizzyEdge]

This is the house. Had everything we wanted:

Older
Hardwood Floors
Not an open floor plan
Upstairs
Sunroom
Big back yard (fence bonus)
Basement that can be finished
Garage
Fireplace (brick in kitchen was sweet)
Added bonus close to Fox River

404 Kane Ave, Elgin, IL 60123 | MLS #11721470 | Zillow

This 1452 square feet Single Family home has 3 bedrooms and 2 bathrooms. It is located at 404 Kane Ave, Elgin, IL.

www.zillow.com

son of bitch, still stings

Love that spec

 

[Bill The Butcher]

Love that spec

That one had lead water pipes or we'd prob be moving in soon.

 

[DizzyEdge]

my take - unless its siberia cold ~below 15 degrees I can dress appropriately for cold and honestly be pretty comfortable. Can't adjust to heat the same way.

Yep, I go with needing a parka + ice & snow = too hot to be outside. Thin layers for more moderate cold is no bother at all. Perfect range for me is maybe 15-90f

 

[DizzyEdge]

I know, I know. Just never decided which ones to buy.

Just buy the cheapest battery powered ones asap and then take your time figuring out what you really want.
and CO detectors if you have anything gas.

 

[DizzyEdge]

Options are get a quote for the electric and add a few grand then ask for credit.

But then all the walls will be ripped up and will have to be fixed.

Plus we would have to wait to give our complex the two month notice later so all this shit can be fixed.

Fuck everything

Does your local code allow for GFCI breakers to protect entire circuits at a time?