WELCOME TO RIVER DAVES PLACE

Another real estate thread

BHC Vic

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Sorry 70 people and the offer took my breath away :eek::D said expect 5 offers :)
 

Roaddawg

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Hopefully it all works out the way you want it to.
 

BHC Vic

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Headed home from San Diego. Last open house, all offer due today by 8pm.
 

thetub

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thats a nice set up. if Its what you want go for it. for me a large lot is my dream with plenty of room to store things and a small farm or barn.

your wife maybe not so much, but if you both are on board go for it.

If you can sell your house high and buy that house high its a wash except the property tax. (Rod will be happy)

side note to anyone in the market or realtors are things still crazy and multiple offers coming in like before?

Vic forgot to mention believe there is a one time property tax value transfer as long as the county accepts i believe

believe you will only pay the difference in the value of purchase. your home sells for 500,000 you buy for 600,000 you are only boned for the 100,000 difference and can transfer your old value from previous home. (this will make Rods head explode)

check with yore realtor
 

Cole Trickle

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Vic forgot to mention believe there is a one time property tax value transfer as long as the county accepts i believe

believe you will only pay the difference in the value of purchase. your home sells for 500,000 you buy for 600,000 you are only boned for the 100,000 difference and can transfer your old value from previous home. (this will make Rods head explode)

check with yore realtor

I think you have to be 55+ for this.
 

ductape1000

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Congrats!!


Sent from a van down by the river. [emoji111]️[emoji41]
 

Bobby V

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Vic forgot to mention believe there is a one time property tax value transfer as long as the county accepts i believe

believe you will only pay the difference in the value of purchase. your home sells for 500,000 you buy for 600,000 you are only boned for the 100,000 difference and can transfer your old value from previous home. (this will make Rods head explode)

check with yore realtor
Rod would know you have to be 55. Lol :D Congrats Vic.
 

Albert

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Congrats
 

Danger Dave

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Vic had more showings in 2.5 days then we did in over 80.

Congrats.
 

Spot

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I am not surprised the Chino house sold so fast. Chino is an amazing community.


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Albert

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Welcome to the neighborhood
Im over by the golf course
 

SKIDMARC

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Congratulations!!


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Singleton

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Congrats. Now the stress begins.
Making sure both move as needed to not cause issues, then that packing and moving stuff.

Aug is a solid month to sell a house. I will never purchase a house in August, I usually wait until October.

We are monitoring places outside Austin and the few areas we liked all hard large increases in August due to people moving before school. All those places will be price reductions come October IMO.
 

BHC Vic

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Inspection today. Heading over to norco around 10. Kind of weird I’m dropping all kinds of money but haven’t really really looked at the house. Buying an occupied home is kind of a different deal. I would like to really open everything up and go everywhere but I guess that would be rude? What do you guys think?
 

LargeOrangeFont

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Inspection today. Heading over to norco around 10. Kind of weird I’m dropping all kinds of money but haven’t really really looked at the house. Buying an occupied home is kind of a different deal. I would like to really open everything up and go everywhere but I guess that would be rude? What do you guys think?


You are buying it. Open whatever you want relevant to the house.
 

ductape1000

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Inspection today. Heading over to norco around 10. Kind of weird I’m dropping all kinds of money but haven’t really really looked at the house. Buying an occupied home is kind of a different deal. I would like to really open everything up and go everywhere but I guess that would be rude? What do you guys think?

You can look into anything that is the house. Just stay out of the dresser drawers... [emoji15]


Sent from a van down by the river. [emoji111]️[emoji41]
 

Joe mama

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When your in you will notice every Mickey Mouse thing..I'm sure nothing you can't fix or repair being a tradesmen.
 

LuauLounge

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The house I currently live in, I bought 32 years ago. Made the deal and interest rates were dropping 1/4 % every two weeks. Called the agent and worked out a deal to rent it, only stipulation was to close within 6 months. During that time I fixed everything that was wrong, on my dime, with the place and never looked back. Best deal I’ve ever made.
 

BHC Vic

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So inspection went well. A lot of stuff they are leaving for us and some stuff we can buy from them. Like neons, signs, theater seating etc. pretty excited. Who knows where I can buy a goat and some chickens and how much?
 

Done-it-again

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So inspection went well. A lot of stuff they are leaving for us and some stuff we can buy from them. Like neons, signs, theater seating etc. pretty excited. Who knows where I can buy a goat and some chickens and how much?

You can buy those anaimals all day long in chino.
 

Singleton

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So inspection went well. A lot of stuff they are leaving for us and some stuff we can buy from them. Like neons, signs, theater seating etc. pretty excited. Who knows where I can buy a goat and some chickens and how much?
Got family friends that own a petting zoo. I will have the wife ping them.
 

boatpi

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As Of today you cannot do a property tax transfer unless you're 55 years old and the new property cannot be valued more than 5% more than the home that you sold if he sold it less than one year prior to the new purchase.

There's a ballot measure that will change this the aid remains the same but you can purchase a property at any price and under the new bill if it's approved in November you retain your base for example 600,000 and if you purchase a new house for 900,000 you pay the current market difference of 2% in value on 300,000+ whatever your base old tax number was.

I believe the voters will likely approve this the idea is to get more property on the market from senior citizens and more transfers and sales going.
 
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BHC Vic

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Just an update. I’m stressed beyond belief. Some people absolutely boggle my mind :oops: yesterday I didn’t know if I wanted to punch someone or cry. I think I was pretty close to having a breakdown and of course it was right before I had to speak in front of 100 guys. Feeling better today but shit man I’m done with selling houses
 

BHC Vic

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I have a little time so I’ll vent... the inspector went through and did his thing. He said that I removed a structural beam from my garage. At first I thought he was talking about the false beam that comes out the front of the garage for looks. It’s not missing that. What I am missing which has never been the since I’ve owned the house is collar ties or joist tension ties. They had a construction expert come out and he also said I’m missing beams. Supposedly they went to the neighbors and took pictures of there’s. They are asking for 10k credit. I’m waiting for the pictures but I can almost guarantee it’s going to be pictures of joists. The expert said the roof is sagging just a bit and it’s not a huge issue now but should be fixed eventually. That pretty much to me confirms it’s the joists he’s talking about. Reality is that’s a couple 2x4’s and a few hours of my time. I jack the ridge up and add hit e joists. I can’t believe something like this is holding up my sale and I can’t beliebe someone thinks that’s a 10k dollar job. I honestly want to tell these buyers I’m over it and move to one of my back up offers but that’s not the way it works I guess. Pregnant wife, working 60 hours a week and getting ready to go out of town for work and my older boys birthday in two weeks I’m just spread way to thin. I think being so tired it’s effecting my mood. I don’t think anyone likes being around me right now.
 

COCA COLA COWBOY

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I have a little time so I’ll vent... the inspector went through and did his thing. He said that I removed a structural beam from my garage. At first I thought he was talking about the false beam that comes out the front of the garage for looks. It’s not missing that. What I am missing which has never been the since I’ve owned the house is collar ties or joist tension ties. They had a construction expert come out and he also said I’m missing beams. Supposedly they went to the neighbors and took pictures of there’s. They are asking for 10k credit. I’m waiting for the pictures but I can almost guarantee it’s going to be pictures of joists. The expert said the roof is sagging just a bit and it’s not a huge issue now but should be fixed eventually. That pretty much to me confirms it’s the joists he’s talking about. Reality is that’s a couple 2x4’s and a few hours of my time. I jack the ridge up and add hit e joists. I can’t believe something like this is holding up my sale and I can’t beliebe someone thinks that’s a 10k dollar job. I honestly want to tell these buyers I’m over it and move to one of my back up offers but that’s not the way it works I guess. Pregnant wife, working 60 hours a week and getting ready to go out of town for work and my older boys birthday in two weeks I’m just spread way to thin. I think being so tired it’s effecting my mood. I don’t think anyone likes being around me right now.


Reality is...the home inspection is just another opportunity to renegotiate the deal. Most of the time, it works amazing! I've negotiated up to $40k during this period. In your case, I'd just repair the issue as you probably know people in the industry that can do it quickly and much cheaper than the buyers contractors.
 

BHC Vic

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Reality is...the home inspection is just another opportunity to renegotiate the deal. Most of the time, it works amazing! I've negotiated up to $40k during this period. In your case, I'd just repair the issue as you probably know people in the industry that can do it quickly and much cheaper than the buyers contractors.

I can do it myself in a couple hours. I guess that’s why I’m upset. Big dealing little things. A duct in my attic has a dent in it [emoji849]


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COCA COLA COWBOY

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I can do it myself in a couple hours. I guess that’s why I’m upset. Big dealing little things. A duct in my attic has a dent in it [emoji849]


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Be sure to wait for the request for repairs to come in. Usually, a buyer's agent will request that the work be done by a licensed contractor and to receive the receipt for the work.
 

LargeOrangeFont

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As Of today you cannot do a property tax transfer unless you're 55 years old and the new property cannot be valued more than 5% more than the home that you sold if he sold it less than one year prior to the new purchase.

There's a ballot measure that will change this the aid remains the same but you can purchase a property at any price and under the new bill if it's approved in November you retain your base for example 600,000 and if you purchase a new house for 900,000 you pay the current market difference of 2% in value on 300,000+ whatever your base old tax number was.

I believe the voters will likely approve this the idea is to get more property on the market from senior citizens and more transfers and sales going.

Everyone but RodNJen approves. :)
 

lbhsbz

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I'd tell 'em to fuck right off. When I bought my new house about 2 months ago, if I'd have even thought about asking for anything to be fixed...the sellers would have moved on to the next offer. I was the strongest offer, but not the highest...and it was made very clear to me that I was lucky they chose mine.

If you have multiple offers in close proximity, I'd consider it.
 

LargeOrangeFont

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I can do it myself in a couple hours. I guess that’s why I’m upset. Big dealing little things. A duct in my attic has a dent in it [emoji849]


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It is always funny to me how none of this crap comes up when YOU had the house inspected and YOU bought the house. You touched nothing, and NOW it is a prolem.

Just tell them to pound sand, take the couple hours to fix it and move on. Or just pay someone $500 to come fix it. If it comes up in this inspection, it is going to come up in the next one.
 

LargeOrangeFont

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I'd tell 'em to fuck right off. When I bought my new house about 2 months ago, if I'd have even thought about asking for anything to be fixed...the sellers would have moved on to the next offer. I was the strongest offer, but not the highest...and it was made very clear to me that I was lucky they chose mine.

If you have multiple offers in close proximity, I'd consider it.

No, they were lucky that you gave them the offer you did. I hate that BS.
 

Joker

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That 10k probably includes fees for a structural engineer and city plan check


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jeepdog

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If it is meant to be it will happen...the real question is the goat...really a goat, you're gonna have to change your screen name to "goat fucker" lol best of luck
 
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OldSchoolBoats

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Didn't you do some altering / work to your garage in order to get the Suburban to fit???

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Done-it-again

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Our house sale was held up for a fridge. Didn’t know they wanted it and we took it. Fought with their agent back and forth. My agent offered them $500 cash. It goes back and forth little more till we pulled out of the sale to move on. Received a call hours later from the buyers wife crying and why we are not selling to them now. Come to find out it was their agent all along and they had no idea.

Guess what I’m saying is move on. And list the house as non contingent on home inspection. (If you can, I know you were able to say non contingent based on home appraisal)
 
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hallett21

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10k is not gonna make them walk imo


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Deja_Vu

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I feel your pain. Went through this 2 years ago, such a PIA.
Don't let it stress you... sounds like you're still in the drivers seat with multiples, so take them for a spin.
 

rickym20

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Was probably part of their plan the whole time. Put in a high bid to get the house and then get a inspector to find b.s to knock down the price. I would give them the “take it or leave it” speech like everyone else is saying.
Hang in there , you’ll be back to normal down the road and enjoying the new place.
 

HALLETT BOY

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I’m selling a house right now also , you just can’t take it personally...we all want a deal , or the perception of one .
 

shintoooo

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They asked for a 5k dollar credit I told them nope and we are opening escrow w a back up offer now. I don’t like playing games and they learned that today.

Just make sure the backup offer knows this issue and they agree to it before you open escrow with them.

When I sold my house, they wanted a $10,000 credit for roof repairs. I told them to pound sand. They came down to $5,000. I told them I'll give them a $1,000 credit and I'll leave the security cameras that were installed on the house and they agreed.

I hate to tell you this but your stress level is going to increase every day until the house closes. Keep that in the back of your mind when dealing with your agent, the buyers, the sellers of the other house, your wife and kids, your work colleagues etc..... I hope it all works out for you.
 
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