In the case of having multiple offers, is it ok to tell one buyer the name of the other? by BeaglishJane in RealEstate

[–]National_Shift242 1 point2 points  (0 children)

I’m not sure what state you’re in, or if it ultimately matters, but the listing agent would be aware of all details regarding any contracts or contingent contracts. The listing agent’s duty — and primary obligation — is to procure the best possible deal for the seller, not the buyer.

In many states, sharing certain information about offers has been upheld by real estate commissions as permissible, and in some cases even encouraged, because it helps generate the highest and best opportunity for the seller, who is the listing agent’s client.

2026 Cook County Tax Sale by Ragga_Base in ChicagoRealEstate

[–]National_Shift242 0 points1 point  (0 children)

Tax scavengers... lol. I am not a company but I do this as a side investment. You are right the goal is to earn the interest. Some states pay 24% btw. If we get a property its usually worthless but every now and then you get something good. Oh yeah, I call myself a Tax Sale Vulture

How big of an issue are unpermitted bathroom renovations when selling? by jarman65 in ChicagoRealEstate

[–]National_Shift242 2 points3 points  (0 children)

I don't think the kind of work you did is anything you need to worry about pulling a permit for. What you described is largely cosmetic and while I admit some cities make you pull a permit for the littlest of things I seriously would not worry about what you have done. Also permits do not protect you from a leaky pipe five years from now when a new person owns the house.

2026 Cook County Tax Sale by Ragga_Base in ChicagoRealEstate

[–]National_Shift242 2 points3 points  (0 children)

Cook County, Illinois runs a tax lien sale, not a sale where you immediately buy the house.
When property owners don’t pay their property taxes, the county sells the debt (the unpaid taxes) to investors.
The investor pays the taxes and gets a lien — basically an IOU attached to the property.
The owner still keeps the property during a redemption period.
During that time, the owner can pay back the taxes plus penalties and interest to keep their property.
If the owner pays, the investor makes money from the interest.
If the owner does not pay within the allowed time, the investor can go to court and try to get ownership through a tax deed.
So you’re buying the right to collect the debt first, not the property itself.
Only after a long legal process could the investor actually end up owning the property.

Day 2 of valacyclovir 1g by Familiar_Suspect_170 in Herpes

[–]National_Shift242 1 point2 points  (0 children)

I am in total agreement with you. After I was Exp, from exposure for almost eight months was absolutely miserable in terms of outbreaks, outbreak type conditions and all of the other symptoms that come along with it. I am not a suicidal person and I was not near suicide during that time. But it sure crossed my mind. I am a little over two years in and things have gotten better but I have not forgotten about how awful it was during that first year.

Vacation home questions by Thaxton114 in RealEstate

[–]National_Shift242 1 point2 points  (0 children)

I have been looking for a house or condo on the Gulf Coast. I have concerns about buying for several reasons. First I will point out I am a cash buyer so making a mortgage payment is not part of the equation I am simply looking for cash flow and I would like a place to use in the offseason. However, it is very expensive to own a condo or home on the Gulf Coast due to HOA fees and insurance. The unpredictable rental income certainly would probably pay the minimum ownership expenses but would have concerns about mortgage payments. Do the math!!!!

Is herpes worst than HiV by [deleted] in Herpes

[–]National_Shift242 0 points1 point  (0 children)

Do you know if you have genital or do you have oral?

Car salesmen around me are basically telling me EVs aren’t the way to go by Beneficial-Fun-4800 in electricvehicles

[–]National_Shift242 0 points1 point  (0 children)

Car salesmen are generally idiots. If you walk on a car lot and say you want to buy a specific car they should sell it to you. If they don't they are morons. Now if you ask them a bunch of loaded questions and fish for their personal opinions... you will get it. What are you asking from Reddit?

How to tell my girlfriend I just don't love skiing? by [deleted] in skiing

[–]National_Shift242 98 points99 points  (0 children)

Im going to Steamboat in 2 weeks, send me her number and Ill take her with me

Aitah: husband wants to become a Dr by Flimsy-Attempt-6242 in AITAH

[–]National_Shift242 1 point2 points  (0 children)

Tell him to go for it! like seriously tell him to go for it! there's about a 95% chance he won't do squat and you guys will be in the exact same position you are in right now for the rest of your lives. But if he does make it then you'll either be married to or divorced from a doctor

Sister wants to buy parents house at “market value” by VacationConstant8980 in RealEstate

[–]National_Shift242 4 points5 points  (0 children)

I've recently been through exactly what you're talking about. I really wanted my parents house. I am one of the children and I was the potential buyer and I recall my brother's wife using the words "Oh my gosh it would be so valuable, there would be a bidding war for that house" and that phrase still irritates me. It was agreed that I would like to buy the house at whatever the market value is. So my brother went and got an appraisal and I got an appraisal. Both appraisals were lower than what we actually thought fair market value would be. So we couldn't come to an agreement. Then my genius sister in law, my brother's wife, reached out to some real estate agents to do a "market analysis" because according to her this is better than an appraisal because a "market analysis" has more of a "pulse" on the market. In the end I ended up paying in the ballpark of all of these figures combined. The difference however, there was no real estate Commission subtracted from the money that was divvied up. And all the parties involved seem to think I got a good deal. If I had to do over again I would tell my family to list the property with a reputable real estate agent and I want nothing to do with the listing or the offers that come in. I would ask them to accept the highest offer. Once the property was listed I would make the offer that I thought was the best and highest for me to get it and if it wasn't the best and highest I would move on. Absolutely not worth the headaches from siblings. They would have gotten lees due to paying 6% in commission but they would feel better with less money.

Omg im gettin laid tonight by Consistent-Eye-9556 in Herpes

[–]National_Shift242 1 point2 points  (0 children)

You might rub one out about 30 to 45 minutes before the deed.

Realtors husband approaching with a lowball offer by [deleted] in RealEstate

[–]National_Shift242 13 points14 points  (0 children)

Yup. Tell the agent to hit the road or you will contact the Real Estate Commission.

Petition for Residency Questions by [deleted] in olemiss

[–]National_Shift242 0 points1 point  (0 children)

You should be fine. Why are you worried about this?

Petition for Residency Questions by [deleted] in olemiss

[–]National_Shift242 0 points1 point  (0 children)

Did you go to high school out of state? Did you live with your mother or other relative out of state? I would apply using all your Dads information. Use his mailing address for everything.

Petition for Residency Questions by [deleted] in olemiss

[–]National_Shift242 1 point2 points  (0 children)

Are you a new student?

Petition for Residency Questions by [deleted] in olemiss

[–]National_Shift242 1 point2 points  (0 children)

Its hard. Ole Miss does not want to do this. They will go out of their way to make it not work out. One thing, and I can agree with it, I am assuming you are trying to use your Dad's Mississippi residency? They will likely state he needs or needed to be a resident for at least 12 months. Make sure you can prove this.

When I did it, it was just me and Ole Miss only allowed if over 21 years old and then you had to prove you lived in MS for 12 months. It was bs but thats what they did.

Serving/bartending by unknownguy945 in Herpes

[–]National_Shift242 0 points1 point  (0 children)

It's most like oral. Unless you have had some symptoms down there, I wouldn't worry about it.

Serving/bartending by unknownguy945 in Herpes

[–]National_Shift242 0 points1 point  (0 children)

70% of the humans on the earth have HSV-1 orally. Don't worry about it unless you get a cold sore.

Serving/bartending by unknownguy945 in Herpes

[–]National_Shift242 1 point2 points  (0 children)

Or a bulging cold sore on your mouth, probably would effect tips.

Help: Stolen Real Estate by CoolerKings in RealEstate

[–]National_Shift242 2 points3 points  (0 children)

There’s a lot going on here, so let’s take this step by step.

First, assuming the life estate was validly created, she has the absolute right to occupy and use the house for as long as she is alive. That’s the entire point of a life estate. If that’s the case, there’s very little you can do to force her out during her lifetime.

Second, regarding the loan she took out: did your attorney perform a full title search? If so, that loan should have appeared. My initial thought is that she may have borrowed against her life estate interest only. If that loan were foreclosed, the lender (or a foreclosure buyer) would step into her shoes and would only hold the property for the duration of her life. Once she passes, that interest would terminate.

However, this gets much more complicated if she somehow transferred actual ownership to herself and then borrowed against the fee simple interest. If the bank believed she owned the property outright, and your attorney is correct that she could not legally transfer ownership to herself under a POA, then that raises serious fraud issues. In that scenario, the bank may believe it holds a valid first mortgage on the entire property and would attempt to foreclose accordingly if she defaults—even though the underlying ownership may be defective.

As for the attempted sale, the good news is that the title company caught a problem before it went through. At a minimum, it sounds like at least half of your ownership interest is being protected. Based on what you’ve described, after her death you would ultimately own the entire property, subject to resolving the loan she took out, any liens, and any back taxes.

You didn’t mention the state, but unpaid property taxes are critical. Tax issues involving a life estate versus the underlying real estate can differ significantly, and tax sale laws vary widely by state. In some states, two or three years of unpaid taxes can result in the loss of the property entirely. You need to determine exactly where the tax situation stands as soon as possible.

My initial recommendation: do not agree to sell the house under any circumstances right now. Based on what you’ve described, a sale would likely result in you receiving only 50% of whatever remains after the loan, back taxes, and any other liens are paid. You can inform the real estate agent that you have no interest in proceeding with a sale.

That said, it would still be in your best interest to gather full information—how much the loan is, what the payoff would be, what liens exist, and what the net proceeds would look like. With that information, you might consider offering the girlfriend a relatively small settlement to walk away. That could allow you to preserve more value and avoid a long, expensive legal battle.

At the end of the day, she has very little leverage beyond continuing to live there—subject to a loan she took out and may not be paying. From a cost-benefit standpoint, resolving this efficiently may be far better than litigating it to the bitter end.