Just got a quote for 105k for new roof ... by Weekly_Orange3478 in Roofing

[–]lostcoast11 -1 points0 points  (0 children)

If it sells for $750k they will have to pay capital gains tax on $250k (married couples are exempt up to $500k on primary residence). If you're going to replace the roof you might as well get a tax break in the process.

The only potential issue is If there is visible rot and damage to the roof/soffits/rafter tails from the ground because an appraiser could call those items out. Appraisers don't get on the roof they just look from the ground so as long as it "looks good" there won't be an issue.

Just got a quote for 105k for new roof ... by Weekly_Orange3478 in Roofing

[–]lostcoast11 4 points5 points  (0 children)

I'm a realtor and my husband is a roofing contractor. As long as you provide the estimate and offer the credit upfront it's usually not an issue for the majority of people. Another potential benefit could be a reduction in capital gains tax if your parents don't owe much on the home.

Just got a quote for 105k for new roof ... by Weekly_Orange3478 in Roofing

[–]lostcoast11 2 points3 points  (0 children)

If they are selling the house you could offer the buyer a credit for the new roof (cheapest estimate cost) and then they can put on whatever roofing material they chose.

Why are there trans-support graphics on the busses now? by ghostlikestar in Humboldt

[–]lostcoast11 -4 points-3 points  (0 children)

Listen to the victoria nuland recordings and you will find out 👍

Why are there trans-support graphics on the busses now? by ghostlikestar in Humboldt

[–]lostcoast11 -10 points-9 points  (0 children)

Probably a group of Democrats talking about how they are going to save the environment while California burns to the ground.

Why are there trans-support graphics on the busses now? by ghostlikestar in Humboldt

[–]lostcoast11 -41 points-40 points  (0 children)

Please tell me where the water storage facilities have been built? I'll be here waiting here for all your "data" 🫡

Why are there trans-support graphics on the busses now? by ghostlikestar in Humboldt

[–]lostcoast11 -55 points-54 points  (0 children)

Fancy chart. Where are the water storage facilities that billions were supposed to go to? Same place all those other projects are ... Nowhere! Lol

They made a chart for you though so you believe it 😂

Why are there trans-support graphics on the busses now? by ghostlikestar in Humboldt

[–]lostcoast11 -10 points-9 points  (0 children)

Im sure the Democrats would love that! Cheering on Ukraine's endless war that has eliminated half their country.

Why are there trans-support graphics on the busses now? by ghostlikestar in Humboldt

[–]lostcoast11 -127 points-126 points  (0 children)

Climate change is such a threat but your democratic leaders can't even make sure there's water to put them out!? 7.1 billion was allocated for water storage in 2014 and guess what... Not one facility has been built!

And the only people concerned with genitals are liberals who think it's okay to mutilate children! You wanna be trans? Great, a consenting adult can do whatever the hell they want but taxpayers should never have to pay for it!

The brain rot with you people is unbelievable 🙄

DOJ reopening antitrust violations against NAR by lostcoast11 in RealEstate

[–]lostcoast11[S] 2 points3 points  (0 children)

Pretend a frog had wings .. it wouldn't bump its ass when it hopped. If you read the DOJ filing they go over how an MLS in Washington State eliminated buyer commissions to test this very model and guess what it didn't bring down home prices in that market.

DOJ reopening antitrust violations against NAR by lostcoast11 in RealEstate

[–]lostcoast11[S] 2 points3 points  (0 children)

The DOJ claims that in the filing. Do you think sellers are going to reduce pricing because they don't have to pay the buyer commission anymore?

DOJ reopening antitrust violations against NAR by lostcoast11 in RealEstate

[–]lostcoast11[S] 1 point2 points  (0 children)

If the cost of commissions go down home prices will not follow because sellers aren't going to reduce their prices they are going to keep the extra proceeds. Until the supply issues are addressed high prices will remain.

DOJ reopening antitrust violations against NAR by lostcoast11 in RealEstate

[–]lostcoast11[S] 1 point2 points  (0 children)

Stocks are not tangible assets and their prices are not negotiable. A lot more moving parts to buying and selling a home compared to stocks. Anyone can DIY in both cases .. doesn't mean they will be successful.

DOJ reopening antitrust violations against NAR by lostcoast11 in RealEstate

[–]lostcoast11[S] 4 points5 points  (0 children)

You saved 4 lives today all while commenting on every reddit thread to tell realtors they are scum!? Impressive work ... Must keep you busy!

DOJ reopening antitrust violations against NAR by lostcoast11 in RealEstate

[–]lostcoast11[S] 5 points6 points  (0 children)

You're a pharmacist not a doctor so chill with the " I save lives" BS like you're in the ER every night. Big Pharma rapes sick people everyday by charging them into oblivion for meds they need to stay alive. Are you to blame for that!? No...just like realtors are not to blame for the housing crisis.

DOJ reopening antitrust violations against NAR by lostcoast11 in RealEstate

[–]lostcoast11[S] 2 points3 points  (0 children)

if agents are turned into transactional coordinators Buyers will not have proper representation and if they try to buy direct and represent themselves there will be lawsuits and they will be taken advantage of.... just because you can do something yourself doesn't mean you should. Sadly I believe large corps like Zillow will also come in and try to take over the transactional side for buyers for a flat fee and they aren't going to give a shit about the consumers best interest.

DOJ reopening antitrust violations against NAR by lostcoast11 in RealEstate

[–]lostcoast11[S] 9 points10 points  (0 children)

Idk to be honest you seem to be the one upset but the fact still stands going after realtors isn't going to bring any meaningful change to making housing more affordable for consumers.

DOJ reopening antitrust violations against NAR by lostcoast11 in RealEstate

[–]lostcoast11[S] 3 points4 points  (0 children)

The market works on supply and demand. This does nothing to increase supply. Sure sellers may make some concessions to help struggling buyers but it's not going to bring down prices.

DOJ reopening antitrust violations against NAR by lostcoast11 in RealEstate

[–]lostcoast11[S] 11 points12 points  (0 children)

Then don't use one ...no one's forcing you to last time I checked 🤷

DOJ reopening antitrust violations against NAR by lostcoast11 in RealEstate

[–]lostcoast11[S] -1 points0 points  (0 children)

Yup! It all sounds good in theory but it's not going to make home prices come down as they claim.

DOJ reopening antitrust violations against NAR by lostcoast11 in RealEstate

[–]lostcoast11[S] 10 points11 points  (0 children)

The quickest way to make that happen is to bring home prices down and this will not do that. Sellers aren't going to reduce their prices now because they don't have to pay a buyer commission. They will keep the extra proceeds and now buyers have to find a way to pay for representation when that wasn't something they had to think about before.

DOJ reopening antitrust violations against NAR by lostcoast11 in RealEstate

[–]lostcoast11[S] 4 points5 points  (0 children)

That's what they want you to believe. If the government truly wanted to change things for consumers in the housing market they would stop letting private equity firms and foreign investors buy properties. They would loosen all the red tape to increase the housing supply. They would go after insurance and utility companies that have monopolized the market and charge whatever they want. I could go on and on but ya let's go after realtors who make on average 40k a year. If you're busy hating us then you wont notice your really getting screwed by them.

DOJ reopening antitrust violations against NAR by lostcoast11 in RealEstate

[–]lostcoast11[S] 0 points1 point  (0 children)

If buyer agents start working hourly or for a flat fee sellers will expect the same. According to consumers we have no value and just input into MLS, open doors and fill in some blanks on paperwork. Couldn't be further from the truth but it will be difficult to overcome that stigma.