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  1. #9576
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    Adding on non permitted rooms is one thing, but building on a setback is a totally higher level of stoopid. Congrats.
    Quote Originally Posted by leroy jenkins View Post
    I think you'd have an easier time understanding people if you remembered that 80% of them are fucking morons.
    That is why I like dogs, more than most people.

  2. #9577
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    I'm not complaining about anything, I'm just asking questions and giving you the perspective of someone who deals with this stuff for a living. And L2S is right, the unpermitted work isn't a big deal, but building a setback, particularly living space and not just a patio/deck, is dumb.

    You had a great opportunity to retroactively permit and apply for a variance for the addition in the setback if you had gone to the city and gotten permit to do the bathroom.

    There's a sucker born every day though, so you'll sell the place even with the encumbrances.

  3. #9578
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    It's all great until a neighbor complains to the city about the building in the setback. No way would I buy that without the variance.
    Quote Originally Posted by leroy jenkins View Post
    I think you'd have an easier time understanding people if you remembered that 80% of them are fucking morons.
    That is why I like dogs, more than most people.

  4. #9579
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    Quote Originally Posted by liv2ski View Post
    Adding on non permitted rooms is one thing, but building on a setback is a totally higher level of stoopid. Congrats.
    Did you not read that it was existing space (bathroom) that I redid AS IF it were new construction for my own piece of mind. I couldn’t have permitted the space in the first place without considerable risk. What college gave you a degree?

  5. #9580
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    Real Estate Crash thread

    Quote Originally Posted by glademaster View Post
    I'm not complaining about anything, I'm just asking questions and giving you the perspective of someone who deals with this stuff for a living. And L2S is right, the unpermitted work isn't a big deal, but building a setback, particularly living space and not just a patio/deck, is dumb.

    You had a great opportunity to retroactively permit and apply for a variance for the addition in the setback if you had gone to the city and gotten permit to do the bathroom.

    There's a sucker born every day though, so you'll sell the place even with the encumbrances.
    It also could have caused a review of the living space, a re-survey, and comments from neighbor which might have resulted in a tear down. Every licensed contractor, electrical or plumbing, said let sleeping dogs lie.

    Doing the work was a financial mistake. So what.. I could have just left it hillbilly style but I chose to do the work. Even at a fully valued permitted price I still lose $150k in money spent on improvements. To sell it as a 3/1 1k sf is only $50k lower. So in essence, the buyer is paying $50k for $250k I’m improvements. Remember, this house has brand new guaranteed 50 year roof and solar.

    Was I stupid to do the extra work? Say what you want.. my sell price is in a $100k dollar range regardless.

  6. #9581
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    Real Estate Crash thread

    Quote Originally Posted by liv2ski View Post
    It's all great until a neighbor complains to the city about the building in the setback. No way would I buy that without the variance.
    Previous 3 owners bought the house with it already there. Addition Built in 1960. Damn you guys have slow comprehension.
    Last edited by 4matic; 07-11-2020 at 11:47 AM.

  7. #9582
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    Real Estate Crash thread

    The latest serious prospective buyer is older Indian couple. One career military, the other a cancer researcher. We told him about the livable space first thing. They are coming tonight for a light show under the pyramid. Every switch on the property has a dimmer. The guy was over the moon with the electrical.

    This buyer reached out directly to my agent. He’s already implied the price. $800k. I’m good. They save $20k in realtor commission.

  8. #9583
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    Quote Originally Posted by 4matic View Post
    Previous 3 owners bought the house with it already there. Addition Built in 1960. Damn you guys have slow comprehension.
    The part I missed is that when it was done in the 60's and then later expanded by you it was legal to do and not in a setback. Our home was built in 1949 with a zero setback on the east side. With the new setback laws passed 40 years ago, an extension/addition off the garage would have to be 5 feet from the property line without a variance. We are assuming the same in your situation.
    Quote Originally Posted by leroy jenkins View Post
    I think you'd have an easier time understanding people if you remembered that 80% of them are fucking morons.
    That is why I like dogs, more than most people.

  9. #9584
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    Real Estate Crash thread

    Young Viet American sisters were just here for a tour with their mom; in Spring clothes. I might have to extend my listing a few more days.

    They took a big bag of peaches from the tree with them.
    Last edited by 4matic; 07-11-2020 at 01:48 PM.

  10. #9585
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    May 2007
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    Quote Originally Posted by 4matic View Post
    Previous 3 owners bought the house with it already there. Addition Built in 1960. Damn you guys have slow comprehension.
    I don't doubt someone will buy it at all, I just suspect it won't be a simple road. Smaller pool of buyers willing to "risk" it. I mean you bought it right? They ain't making any more land.

    Most improvements you do for you never pay off in $$$, but in the experience while you're there. Investment improvements are a different story, I'm sure you know this obviously.

    Good luck with sale.

    Sent from my Pixel 2 using TGR Forums mobile app

  11. #9586
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    Real Estate Crash thread

    Quote Originally Posted by Skidog View Post
    I don't doubt someone will buy it at all,

    Sent from my Pixel 2 using TGR Forums mobile app
    At least three different owners have lived in the neighbor property with this structure existing. It’s not likely to be a property line issue. It could be but not likely.

    Thanks

  12. #9587
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    Redfin does direct to agent marketing now. It’s only in very limited release but it’s coming


    https://www.redfin.com/direct

  13. #9588
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    Real Estate Crash thread

    I have a good offer but they decided to test me. They approached my realtor to make the offer and save money. Realtor implicated the price and I chatted with the buyer. Agreed. Today I get the offer and it's $6k less. Not that big of deal but still.

    My tax record and parcel information are strange. It says 1k sf, 3 bed 5 bath and 7 rooms. Obviously an error but what is that 7th room? The original house is 1k sf 3/1 with 6 rooms. We are going to the assessor office tomorrow to pull my card and see if it shows the extra room(s). If it does I have a couple options. I can try and get the square footage added or use the card to show the appraiser that the extra room is in the county record to be considered in the appraisal.
    Last edited by 4matic; 07-12-2020 at 07:49 PM.

  14. #9589
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    Mar 2009
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    Quote Originally Posted by El Chupacabra View Post
    Let me know if you have any questions on neighborhoods around Reno.
    We've been looking at Reno as well. Mostly Northwest and South.

    Any insight into the difference in the public schools of those two areas (NW > McQueen, South > Galena), diversity/neighborhood demographics, etc. We have a 13 and 3.5 year old.

    Also for MTB how are the neighborhood trails in that area (Galena, Thomas, Whites creeks)? Never ridden Peavine, which seems more extensive but curious how the local trails are.

    Thanks in advance for any help.





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  15. #9590
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    Quote Originally Posted by CaliKid View Post
    We've been looking at Reno as well. Mostly Northwest and South.

    Any insight into the difference in the public schools of those two areas (NW > McQueen, South > Galena), diversity/neighborhood demographics, etc. We have a 13 and 3.5 year old.

    Also for MTB how are the neighborhood trails in that area (Galena, Thomas, Whites creeks)? Never ridden Peavine, which seems more extensive but curious how the local trails are.

    Thanks in advance for any help.





    Sent from my iPhone using TGR Forums
    Quote Originally Posted by CaliKid View Post
    We've been looking at Reno as well. Mostly Northwest and South.

    Any insight into the difference in the public schools of those two areas (NW > McQueen, South > Galena), diversity/neighborhood demographics, etc. We have a 13 and 3.5 year old.

    Also for MTB how are the neighborhood trails in that area (Galena, Thomas, Whites creeks)? Never ridden Peavine, which seems more extensive but curious how the local trails are.

    Thanks in advance for any help.





    Sent from my iPhone using TGR Forums
    Northwest near McCarran loop or inside: more diverse neighborhood. NW in Somersett: less so, probably more like Galena area (white people). I lived in Galena about 8 years (near Galena high school), then moved to Galena Forest. Do you have specific neighborhoods you're looking at? For example, in South Reno: near Galena HS, or Damonte Ranch, or Arrowcreek/ Saddlehorn,...?

    McQueen and Galena HS both have good reputations. I think Galena is considered slightly better - it may simply be because of more expensive neighborhoods feeding Galena, so richer (and perhaps more helicopter/ controlling) parents. A new middle school is under construction in South Reno, supposedly opening this fall, near Hunsberger elementary. If you're looking at the neighborhoods east of 580 (Damonte, Double Diamond), you'll be in the Damonte HS area, and there's a middle school next door too.

    MTB: Peavine has a much larger trail network than what's immediately close to Galena. Peavine is all open, few trees, rocky, very hot in summer. Rideable pretty much year round, so long as it isn't right after a rain storm (clay). There's also a newish bike park near McQueen HS, which isnt completed yet, but is open to ride. (Kind of small, mix of easy trails and harder jumps.) Galena County Park has only a handful of trails, but trees and higher elevation mean rideable in summer, mostly all intermediate trails, with harder stuff higher uphill (some unofficial). Can ride from Galena all the way to Tahoe if you really want to, but it's a long way to ride.

    If you live in NW, you're closer to North Tahoe trails and ski areas. If you live in South Reno, Mt Rose is close, and you have a longer drive if you want to go to Kirkwood or north Tahoe resorts. If in South Reno, the Carson City trails aren't far, and are rideable most of the time too.

    If you are going to be commuting, try to avoid having to go through the 80/580 interchange during commute times, as it backs up.
    Quote Originally Posted by powder11 View Post
    if you have to resort to taking advice from the nitwits on this forum, then you're doomed.

  16. #9591
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    Sep 2006
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    8,245
    Went to a tour a few homes this weekend as part of the COBA 2020 Tour of Homes. Every house we looked at was over a mil, and they were already sold. Builders are living larger right now. Very, very large. Of course, same goes for all the sub-contractors. Lots of nice lifted trucks, with custom wheels pulling construction trailers around these parts. Get it while the getting is good...
    "We don't beat the reaper by living longer, we beat the reaper by living well and living fully." - Randy Pausch

  17. #9592
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    Nov 2007
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    5,707
    Well, my place went for $785/sq ft. OK by me...

  18. #9593
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    Quote Originally Posted by 54-46 View Post
    Well, my place went for $785/sq ft. OK by me...
    I'm in escrow this morning for $797/sq ft with 500 feet of bonus space.

  19. #9594
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    Jan 2005
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    Denver, CO
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    Quote Originally Posted by 4matic View Post
    I'm in escrow this morning for $797/sq ft with 500 feet of bonus space.
    ?? That is some math. My house could be considered $500,000/ft with 2899 feet of bonus space.

  20. #9595
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    The 550 of extra space is considered a patio. So my house will likely appraise as a 3/1+. We’re hoping the assessor drawing shows extra rooms

  21. #9596
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    Quote Originally Posted by 4matic View Post
    I'm in escrow this morning for $797/sq ft with 500 feet of bonus space.
    Good for you. Here is hoping you have a speedy and pain free deal.
    Quote Originally Posted by leroy jenkins View Post
    I think you'd have an easier time understanding people if you remembered that 80% of them are fucking morons.
    That is why I like dogs, more than most people.

  22. #9597
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    Thanks.

    Reality is $520 Sg Ft with the bonus space.

    It's not over because appraisal likely won't make price. Buyers know I'm firm on price and said they'd make it up. I'll walk and relist it if I have to. VA maximum in Ca. is $780k so they know some cash is needed. The old lady buyer loves this house.

  23. #9598
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    Quote Originally Posted by 4matic View Post
    Thanks.

    Reality is $520 Sg Ft with the bonus space.

    It's not over because appraisal likely won't make price. Buyers know I'm firm on price and said they'd make it up. I'll walk and relist it if I have to. VA maximum in Ca. is $780k so they know some cash is needed.
    Not quite correct on the VA max comment. It varies by zip code. Also, say an area has a $780k max O down VA loan limit. We can still do a VA loan to $2M with a little money down, so it isn't cash to sales price after $780k.
    Quote Originally Posted by leroy jenkins View Post
    I think you'd have an easier time understanding people if you remembered that 80% of them are fucking morons.
    That is why I like dogs, more than most people.

  24. #9599
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    VA is $765k my county.

  25. #9600
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    Quote Originally Posted by Self Jupiter View Post
    X2
    All the realtors piling on to tell us they really earn that 3% and that a buyers agent is “free”!

    Guarantee the same completely unethical realtors who will not pass on offers from a buyer looking for a rebate to the seller for no representation will do EVERYTHING possible to get that double commission. Buddy used this in a hot real estate market in Boston, he’d show up tell the listing agent he was unrepresented and would use them for the sale then get spoon fed the other offers on the table, and had one realtor actively lobbying his client to reject a different offer that was higher due to a lower down payment. That profession can’t die soon enough.

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