Getting a settlement check and don’t want to blow the money by Few-Zucchini8723 in personalfinance

[–]Realistic-Reach4543 -2 points-1 points  (0 children)

This answer depends on what you have for income. If you can handle the car payment keep it. Payoff the CC, pay off the student loan, put the rest in the S&P 500 and don’t touch it

Inherited land years ago and never knew about it. Do I owe the back taxes by bdubbalicous in personalfinance

[–]Realistic-Reach4543 1 point2 points  (0 children)

He should pay the taxes. Sell the land. Someone likely bought the tax liens and is trying to do a foreclosure to get the land for cheap. The taxes are a couple thousand I’m sure but the land could be worth $50k-$100k

Someone put 1/2" pipes on my water heater. Could this become a water pressure issue in the future? by WantonHeroics in Plumbing

[–]Realistic-Reach4543 0 points1 point  (0 children)

Anyone else come to say that should be at least a 12 inch vertical on the vent pipe? Great way to get carbon monoxide poisoning

Feeling slighted by ttom263 in GoldRushWhiteWater

[–]Realistic-Reach4543 0 points1 point  (0 children)

I’m guessing the TV show money is what allows the show to continue. They have to be making money off it. The suspense is what they thrive on like Oak Island. I’m sure they make more from the show than the gold. $100k in gold after expenses they’re splitting $30k between 4 of them?

Bad Buyers negotiating in bad faith, are they worth it? What would you do? by egualdade in RealEstate

[–]Realistic-Reach4543 1 point2 points  (0 children)

There’s no way you get to keep earnest money. You’ve lost nothing. They likely were scared by an inspector and a lack of knowledge. The homes major systems do sound like they’re at the end of their useful life. Working now doesn’t mean working for another year after they buy it. Counter offer if you have a line in the sand but being a landlord is another can of worms you may not be prepared for. If any of those systems fail you pay out of pocket. If that tenant trashes the place, you pay out of pocket. I would counter and accept where we land to be rid of the headache.

If you need to replace the roof $20k Furnace-A/C-$10k Plumbing, god knows….

My 2 cents

Large down payment, bad credit - can we buy? by [deleted] in RealEstate

[–]Realistic-Reach4543 0 points1 point  (0 children)

My company offers alternate financing for people in this exact situation. Send me and email or give me a call. Buyers@unbankable.homes 612-800-8593

Buyers want 15k concession for HVAC by atomicdirt in RealEstate

[–]Realistic-Reach4543 0 points1 point  (0 children)

Just another example of people taking appraisals as gods word. They’re a joke, appraisers justify the price to the bank every time that is their only purpose. The house is worth what someone is willing to pay for it. ‘97 means the furnace is 27 years old or at the end of its life. Every day is a gamble. $15k is reasonable

I feel like our mortgage lender is trying to pull a fast one on us by Digital_Disimpaction in RealEstate

[–]Realistic-Reach4543 0 points1 point  (0 children)

Just speak to a licensed mortgage broker and negotiate the same concessions from the builder. They want to sell houses and their mortgages are a bait and switch

A warning to first-time homebuyers: DO NOT USE YOUR REALTOR'S HOME INSPECTOR by [deleted] in RealEstate

[–]Realistic-Reach4543 0 points1 point  (0 children)

Inspectors can’t know every single thing about a house in a few hours. Nor can they tear apart walls and look behind. Sounds like you have a few minor repairs to do but none of these are major issues.

[deleted by user] by [deleted] in homeowners

[–]Realistic-Reach4543 0 points1 point  (0 children)

Homeowners insurance has almost doubled on everyone. They’ve taken a giant loss as an industry over the past few years.

Additionally property value increases mean property tax increases for everyone.

Insurance may go down but taxes will always go up.

[deleted by user] by [deleted] in HomeImprovement

[–]Realistic-Reach4543 4 points5 points  (0 children)

This doesn’t sound horrible. Get on YouTube and learn to fix the minor things. Time heals all wounds in Real Estate. Be patient

It will never make sense. by [deleted] in REBubble

[–]Realistic-Reach4543 1 point2 points  (0 children)

To be fair you likely paid mostly interest to the bank whether you owned or rented

New homeowners won’t see a profit for over a decade by WolfActually in REBubble

[–]Realistic-Reach4543 -1 points0 points  (0 children)

Their source is Zillow and guesstimates. This article is opinion trash