The American Dream: Buying a home and bitching about it ITT

Re: The American Dream: Buying a home and bitching about it

Postby TenuredVulture » Mon Feb 11, 2019 1:37 pm

I don't really know, but it seems the willingness of the listing agent to take a discount depends on the likely selling price of the house and how tough it will be to sell. I would think 3% of a 1,000,000 home is better for the agent than 6% of a 250k home. In addition, if your home is unique, like say it has a tennis court or sex room, it might not appeal to all buyers, or only some buyers would be willing to pay extra for such features, and thus it would take longer to find the right buyer who's willing to pay what the home is worth.

In some places, listings are hard to come buy, and there agents will probably also take a discount.

Another thing--when we sold our house, an offer came in a bit below our asking price, and the agent, eager to make a sale (she was also our buyer's agent, so really she was making two sales) cut her commission so that we ended up making as much as if the buyer was offering our asking price.
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Re: The American Dream: Buying a home and bitching about it

Postby Uncle Milty » Wed Feb 13, 2019 6:05 pm

Had not heard of UpNest before. Might be worth a look
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Re: The American Dream: Buying a home and bitching about it

Postby lethal » Wed Feb 13, 2019 6:39 pm

From the agents we interviewed, the standard pricing, at least in my area, is 4.5% now, 2 for the seller agent and 2.5 for the buyer agent.
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Re: The American Dream: Buying a home and bitching about it

Postby azrider » Thu Feb 14, 2019 3:20 pm

anyone know anything about buying a house online?

i have a friend who's trying to get some land about 15 minutes outside of flagstaff. he's trying to get a little creative with the financing so i don't know how it will turn out, but he's going to let me throw something on it. really need a place up there for snowboarding and to get out of the summer heat. real estate is really pricey up there.

i'm thinking either tiny home or shipping container. those tiny homes are actually kinda pricey with the ones i like in the 70k+ range. however, found something on ebay that is local and amazon. won't do the mobile home because of the bad jokes. he's got his eye on letting another friend park an older airstream up there too. property only has an outbuilding on it. good for some utv's and a boat. mind you this is still going to be some total white trash prepper stuff even though he's not white.

don't know how big the pics are so...

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Re: The American Dream: Buying a home and bitching about it

Postby Uncle Milty » Thu Feb 14, 2019 3:38 pm

Will there be utilities on his land?

Tiny houses are crazy expensive. Either of the 2 you listed I'd want to see in person before committing. Not really a ton of info or pics with either one.
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Re: The American Dream: Buying a home and bitching about it

Postby Grotewold » Thu Feb 14, 2019 3:42 pm

Update on my refinancing saga: We went with the lowest offer on Bankrate, everything went smoothly, and they immediately sold the loan to Wells Fargo.

My main takeaway was shopping around for title insurance, with saved me $1300. The lender was annoyed he couldn't just work with his recommend person but it all went smoothly.
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Re: The American Dream: Buying a home and bitching about it

Postby azrider » Thu Feb 14, 2019 3:54 pm

Uncle Milty wrote:Will there be utilities on his land?

Tiny houses are crazy expensive. Either of the 2 you listed I'd want to see in person before committing. Not really a ton of info or pics with either one.


got phone/electricity to the property line. access to a shared well, whatever the hell that means, and would need septic.

we would like to go off grid as much as possible, but the cost for solar might make us wait. as far as water, thinking cisterns with harvesting and trucked in if the cost to hook up to this shared well is too much. we kinda want to almost have utilities set up something like an rv park to be able to have a few.

how much you think these extras would be?
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Re: The American Dream: Buying a home and bitching about it

Postby Bucky » Thu Feb 14, 2019 4:01 pm

septic $20k minimum
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Re: The American Dream: Buying a home and bitching about it

Postby Grotewold » Thu Feb 14, 2019 4:02 pm

Bucky wrote:septic $20k minimum


but the amazon one is free shipping
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Re: The American Dream: Buying a home and bitching about it

Postby Bucky » Thu Feb 14, 2019 4:03 pm

Grotewold wrote:
Bucky wrote:septic $20k minimum


but the amazon one is free shipping


yeah, but absolutely no returns!
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Re: The American Dream: Buying a home and bitching about it

Postby Uncle Milty » Thu Feb 14, 2019 4:10 pm

Honestly I have no idea of cost in your area. I'd guess a septic system starts around 5k. For everything else a lot depends on the distance to the well, electricity,etc. Unless it's an extreme distance you're probably better off connecting to the well (if it's good water). Not sure I'd ever be comfortable with a cistern for drinking water.
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Re: The American Dream: Buying a home and bitching about it

Postby Bucky » Thu Feb 14, 2019 4:22 pm

it must be hugely different in different markets yet. around here you couldn't get the engineering and permits for $5k.
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Re: The American Dream: Buying a home and bitching about it

Postby Uncle Milty » Thu Feb 14, 2019 4:33 pm

Bucky wrote:it must be hugely different in different markets yet. around here you couldn't get the engineering and permits for $5k.

I didn't explain it well. If it was here or PA something closer to your number is the minimum.

Also wondered if as a part-time/weekend retreat without a "permanent" structure they may get away with something much smaller and cheaper.
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Re: The American Dream: Buying a home and bitching about it

Postby TenuredVulture » Thu Feb 14, 2019 5:41 pm

Uncle Milty wrote:
Bucky wrote:it must be hugely different in different markets yet. around here you couldn't get the engineering and permits for $5k.

I didn't explain it well. If it was here or PA something closer to your number is the minimum.

Also wondered if as a part-time/weekend retreat without a "permanent" structure they may get away with something much smaller and cheaper.

Chemical toilet?

Outhouse?
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Re: The American Dream: Buying a home and bitching about it

Postby Bucky » Thu Feb 14, 2019 5:47 pm

that's pretty much a porta-potty, and then you pay to get it emptied every so often. But that doesn't account for the shower, sinks, etc.

I imagine you could get an underground holding tank and have the honeydipper visit often. Not sure how the long-term finances work out of that vs. a septic system though.

They are designed on a "gallons per day" basis, so you don't get any other points for only being there weekends or such. Usually it's the number of bedrooms/occupants that go into the calculation. Then the tank is sized based on that, and the field on that number and the percolation rate of the specific soilbed.
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Re: The American Dream: Buying a home and bitching about it

Postby Uncle Milty » Thu Feb 14, 2019 5:51 pm

I was originally going so mention a composting toilet but then you still need some way to handle graywater.
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