Home and Auto Family can't move into house they bought - Page 7

tyecopeland · 09:52 AM

Story involves covid eviction issue and California law so might end up in dc.

https://www.foxla.com/news/couple-bu...orium-loophole

Added article in spoiler for those who don't like clicking links.

Spoiler!

tyecopeland · 03-23-2021, 09:09 AM

Quote:

Originally Posted by htismaqe

I live 1200 miles from my target market. We're having trouble getting timely communication with realtors at all, let alone housing updates. We're not a priority, there's too many people that can do this face-to-face, the realtors aren't hurting for business.

BTW, I'm not snoozing at all. You're WAY off base.

Make sure its vacant before you sign for one.

htismaqe · 03-23-2021, 09:12 AM

Quote:

Originally Posted by tyecopeland

Make sure its vacant before you sign for one.

We had originally planned on lining up a visit to look in person but we can't make travel arrangements fast enough.

At this point, we're down to putting blind offers in or just giving up.

OKchiefs · 03-23-2021, 09:37 AM

Quote:

Originally Posted by htismaqe

We had originally planned on lining up a visit to look in person but we can't make travel arrangements fast enough.

At this point, we're down to putting blind offers in or just giving up.

What kind of timeframe are you on? I was in the market to buy my first house and didn't want to even take part in the feeding frenzy that's going on right now, so I just ended up building a new home. It will obviously take a little longer but I was able to avoid having to put in offers and getting rejected countless times.

**LoneWolf** · 03-23-2021, 09:40 AM

Quote:

Originally Posted by htismaqe

No problem man. It's just a real source of frustration for me right now.

We originally wanted to move to SE Texas but that market was non-existent (nothing for sale that really fit our needs) and then my job came calling about getting me closer to the action, which is North Carolina.

We're looking at places all over SE NC and northern SC and there's houses for sale but like I said, we're in Iowa, so the realtors don't look at us as "real" business and they aren't very attentive. They don't have to be because houses are literally flying off the market so fast.

Will the company you work for help you out? I just hired a new Operations Manager and him, his wife, and four kids are moving from Indiana to Wichita. We are flying his entire family down here for a week, putting them up in a hotel, and have a realtor assigned to work with them for that entire week looking at houses.

I can't imagine trying to buy a house without being physically able to look at them and in this market you basically have to be the first or second person to look at a property and put in an offer for above asking price. Good luck, I hope you find something soon.

saphojunkie · 03-23-2021, 10:26 AM

Quote:

Originally Posted by notorious

Hire a crew that will go in and beat the ever-loving shit out of him.

Never contact a lawyer. Contact your sporting goods store for a baseball bat.

**Bugeater** · 03-23-2021, 10:26 AM

Quote:

Originally Posted by htismaqe

Hey, at least they were able to buy a house.

I've been interested in 11 properties so far and all of them have sold before I can make an offer. The longest any of them have been on the market is 4 days.

That's what happened to us when we were planning on moving to Cheyenne a couple years ago. Everything worth a damn was selling in a day. Soooo we're still in Omaha...

**Bugeater** · 03-23-2021, 10:29 AM

Quote:

Originally Posted by htismaqe

We had originally planned on lining up a visit to look in person but we can't make travel arrangements fast enough.

At this point, we're down to putting blind offers in or just giving up.

Yep, that's the lesson we learned, you pretty much have to buy sight unseen. It's easier to back out of a deal than to buy something that's no longer for sale.

**Lzen** · 03-23-2021, 10:32 AM

Quote:

Originally Posted by Graystoke

Sellers market for sure. I recently put my Mom and Dads house on the market. It was in a great historic area, great lot on a Boulevard but needed ton of work. We listed it and there was 7 offers on the table within 5 days, all significantly above asking. We took the biggest offer obviously at 15K above asking. And no we didn't undervalue this property.
It blew my mind how quick it went. There is absolutely nothing that stays on the market long around here.

Mind if I ask where was this located?

**Lzen** · 03-23-2021, 10:33 AM

Quote:

Originally Posted by OKchiefs

What kind of timeframe are you on? I was in the market to buy my first house and didn't want to even take part in the feeding frenzy that's going on right now, so I just ended up building a new home. It will obviously take a little longer but I was able to avoid having to put in offers and getting rejected countless times.

Isn't the price on lumber still unusually high right now? Seems like not a good time to build.

TLO · 03-23-2021, 10:34 AM

They should take tips from this thread

https://www.chiefsplanet.com/BB/show...5124079&nojs=1

Deberg_1990 · 03-23-2021, 10:37 AM

Quote:

Originally Posted by htismaqe

No problem man. It's just a real source of frustration for me right now.

We originally wanted to move to SE Texas but that market was non-existent (nothing for sale that really fit our needs) and then my job came calling about getting me closer to the action, which is North Carolina.

We're looking at places all over SE NC and northern SC and there's houses for sale but like I said, we're in Iowa, so the realtors don't look at us as "real" business and they aren't very attentive. They don't have to be because houses are literally flying off the market so fast.

Same thing down here in Texas right now. My wife is a realtor. Homes if priced correctly, get offers within a day or two at most. Even new build inventory is having problems keeping up with demand.

displacedinMN · 03-23-2021, 11:30 AM

Quote:

Originally Posted by Lzen

Isn't the price on lumber still unusually high right now? Seems like not a good time to build.

Lumber prices way up

https://www.kare11.com/article/news/...1-e78fb9c29997

Home builders are used to putting things up, but these days they wouldn’t mind at least one thing coming down.

Since last April, lumber costs have spiked 180%, according to the National Association of Home Builders, increasing the cost of building an average home by $24,386.

“It’s stressful,” Mark Scherer, owner of Scherer Brothers Lumber Company says. “It’s stressful across the board, for the builders, the consumers and for the suppliers, because you’re just scrambling to keep up.”

Scherer points to one of the most common items used in new homes and remodels: oriented strand board, or OSB, used in floors, walls, and roofs.

“This cost about $15 last year in March,” Scherer says pointing at a stack of OSB. “Now it’s about $45, $47 a sheet.”

Even the price of basic 2x4 studs has spiked.

“They used to be $3 a stud and now they're $6 or $8, depending on what grade they are,” Scherer Lumber’s Terry Olynyk says.

Supplies tightened last spring when COVID-19 forced mill shutdowns, then tightened again when stay-at-home and low-interest rates caused a boom in construction.

RELATED: Edina launches pilot program to save affordable homes from teardown

“Labor’s up, concrete’s up, you can't get fuse box panels right now,” Scherer says.
Contractor Ryan Seifert has been riding the price hikes like everyone else in the building industry.

“This is 20th year for me, I haven't seen this,” the owner of Cyclone Construction says.

Still, Seifert says lumber prices don't seem be scaring off customers.
“The phone hasn't stopped ringing during this thing, even though the costs are up,” Seifert says.

Scherer doesn’t see an easing in demand or prices for at least for the next six to nine months.

“Look at interest rates, they’re ridiculously low,” Scherer said. “Money’s cheap, people are going to keep building.”

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htismaqe · 03-23-2021, 11:32 AM

Quote:

Originally Posted by LoneWolf

Will the company you work for help you out? I just hired a new Operations Manager and him, his wife, and four kids are moving from Indiana to Wichita. We are flying his entire family down here for a week, putting them up in a hotel, and have a realtor assigned to work with them for that entire week looking at houses.

I can't imagine trying to buy a house without being physically able to look at them and in this market you basically have to be the first or second person to look at a property and put in an offer for above asking price. Good luck, I hope you find something soon.

Nah, my company doesn't provide relocation assistance unfortunately. And they're not requiring me to move, at least not yet. It's just a suggestion. And I'm desperate to get the **** out of the midwest.

Jewish Rabbi · 03-23-2021, 11:40 AM

Quote:

Originally Posted by htismaqe

Hey, at least they were able to buy a house.

I've been interested in 11 properties so far and all of them have sold before I can make an offer. The longest any of them have been on the market is 4 days.

Des Moines is brutal right now. I ended up just doing new construction.

htismaqe · 03-23-2021, 11:42 AM

Quote:

Originally Posted by Jewish Rabbi

Des Moines is brutal right now. I ended up just doing new construction.

I honestly can't believe why people would want to live here.

I ****ing hate it here.

03-21-2021, 08:31 AM
tyecopeland Veteran Join Date: May 2019 Casino cash: $-929590	Family can't move into house they bought Story involves covid eviction issue and California law so might end up in dc. https://www.foxla.com/news/couple-bu...orium-loophole Added article in spoiler for those who don't like clicking links. Spoiler! RIVERSIDE, Calif. - When Tracie and Myles Albert purchased a beautiful four bedroom house in Riverside, California they never realized that at the end of escrow the seller would suddenly refuse to give up the keys and leave. "It’s just draining, emotionally and financially," says Tracie. On January 31, 2020, the couple purchased the home. More than a year later, they still haven’t been able get inside their property. Chris Taylor is the Real Estate Agent who sold the house to the Alberts from a man who wanted to sell immediately. "He needed $560,000 from the sale of his house in two weeks and he called me on a Sunday, so in traditional real estate there's no way of doing that unless the buyer’s a cash buyer," says Taylor. Since the house was free and clear and worth more than $560,000 the Alberts felt it was a great deal. "It took us scrambling to get everything we had, our life savings put together and a hard money loan on top of it to make that happen," Myles stated. During escrow they discovered there was a $30,000 tax lien on the house which slowed things down, but in the end, all parties signed on the dotted line and the sale was completed. "We own the house, outright. That's our house and it's all in a contract, written, legal, done. He's been paid the money in his account. How could we have no rights to go into our home," asked Myles. FOX 11 News tried to speak with the seller but when reporter Gina Silva knocked and announced herself, no one came to the door. Taylor says, "It’s genuinely unfathomable to me that we live in a state where something like this is even possible. They closed escrow on this home January 31, 2020." The Alberts and Taylor have contacted authorities and tried to get the seller evicted but because of the pandemic, they’ve gotten nowhere. "They have this case under a COVID tenant situation, of no evictions when it doesn't fall under that at all. This transaction went through in January 2020 before any of that, it isn't a renter who was getting thrown out. It's the guy who collected all of this money," stated Myles. Eviction Attorney Dennis Block says, "This year alone, we’ve handled at least 7 maybe 8 cases of this exact type of situation." He says people purchasing homes need to be extremely cautious, especially if they notice any red flags during the process. Block says what’s happening to the Alberts could happen to anyone. "This person is not a tenant, it’s a previous owner who is enjoying the benefits of the money that was transferred to his account but of course doesn’t want to move out of the premises that he no longer owns," Block stated. The Alberts filed an unlawful detainer but because of the California eviction moratorium, the case has been stalled. Time is simply passing by and the immaculate house they fell in love with is now becoming an eyesore. Tracie says, "I tried watering the lawn one time and he came out and ripped my sprinkler lines, ripped all the wires. The Palm trees are dying, everything was beautiful and everything is dying." Her frustrated husband says when he contacted law enforcement, they told him, "If you were in Arizona, if you were in Nevada, this wouldn't be a problem, you would just go take your house back. But in California, like our hands are tied, even though we're on your side, there's nothing we can do." Last edited by tyecopeland; 03-21-2021 at 09:52 AM..
Posts: 4,783

03-23-2021, 10:34 AM	#100
TLO Life is changing.. Join Date: Jul 2012 Location: NW Missouri Casino cash: $-2570000	They should take tips from this thread https://www.chiefsplanet.com/BB/show...5124079&nojs=1
Posts: 43,113

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