samnavy

iTrader: (7)

Great house in great neighborhood with no issues. Yard is ****, it's like angels live there. We've spent the past 2 weeks making it sparkle and it's got a sign up in the yard now.

We're meeting with a property attorney that we have history this week just to find out if there's anything we don't know.

We have several realtor friends that we've consulted and they've been pretty helpful.

But for the love of sweet baby Jesus, we can't figure out the best way to get it on the MLS. All the google'able places seem like shyster sites and want $400 and have a bunch of hidden fees... like trying to sign up for cable.

If you're familiar with the FSBO process, please just spell it out for me!

-Sammy

samnavy

iTrader: (7)

Looks like usrealty.com has some positive press, but the talking head recording on the company phone line is a terrible fake british accent, and it goes straight to voicemail in a shady way.

Its like walking a minefield of hidden bullshit and legalese doubletalk. All I want is my house on the MLS with my phone number in the ad. For some reason people want $400 for that.

Erat

iTrader: (5)

I bought my house FSBO. I just found out about it through networking.
It's otherwise pretty difficult to find a good house FSBO.

bahurd

iTrader: (8)

Have you ckecked out Zillow? No idea the cost but; How-do-I-post-my-home-for-sale- also For Sale By Owner; FSBO Packages

samnavy

iTrader: (7)

You can put a complete FSBO ad up on Zillow completely free... and that add also feeds to Trulia. Then Craigslist and NextDoor... plus a couple other free sites, whatever is popular in your area. I'm using all of these and also MilitaryByOwner.com for obvious reasons.

In order to get your house up on the MLS, which then will auto-feed onto Realtor.com, you need a broker. The going rate for a broker to do this is $400. But there are a ton of "catches" that just make this avenue a ******* nightmare. YOU as the seller can't have your personal information on the MLS... so any phonecalls go through the broker you used, so they get first dibs on actually selling it... or you can pay them an extra $100 and phone-calls are forwarded to your cel. So, it's $400 for 10 minutes worth of internet data-entry. And there's another dozen or so "**** you" landmines to be wary of with these places because most people don't speak the language and are already ****-scared because the most expensive thing they'll ever own is on the line.

I get why the MLS doesn't allow regular people to advertise... it's because if they didn't make it "realtors only", every agent in the country would be out of business overnight. All you really need to sell a house is a lawyer to look over the offer and make sure you're not getting screwed somehow, and a title/closing company to do the paperwork required by that state. Otherwise buying/selling a house is the exact same **** as buying a used car... 2 dudes can just do it over a handshake.

phocup

But .. without a realtor how will you get the best possible deal ? They do this for a living!

*That was sarcasm just in case the tone wasn't clear.

shuiend

iTrader: (24)

Sam you get your 20 years in or is uncle sam sending you some place else?

samnavy

iTrader: (7)

Man, the more time I spend on this shiz, the more pissed I get. I think I've finally found the least scummy website that does this stuff. Fizber.com might actually do what I need it to do... for $350, the wife is all up in my biz about it.

I'm negotiating my final set of orders now (should be about 30months)... trying to get out of sea duty, but looks like I might be headed back to a ship. I've got no more bargaining chips, so I'm kinda at the mercy of BUPERS... trying to minimize the pain. In the end, the worst thing that could happen is I have to deploy somewhere and get 8 months tax-free and get to kill terrorists, because it looks like there's a neverending supply of those ******** out there, at least it's good clean fun.

Braineack

iTrader: (62)

lol. realtors are a scam that make thousands and thousands for doing 30 minutes of clerical work, and some cases a few hours being a chauffeur and Googling for lazy old people.

such a antiquated self-serving industry

samnavy

iTrader: (7)

Did I mention we paid $360k in 2005 and by 2008 it was only worth about $260k. Market has recovered enough that we asked $350k... still $10k less than it was worth 12 years ago.

After 2 weeks of limited action, we paid a local realtor to put it on the MLS... been up a week.
Today we got our first offer, which we countered, and they countered, and we countered, and they countered... SOLD!

We close in a month with 1% under full price offer and meeting in the middle on closing costs... plus 3% to their realtor.

After 12 years of ownership, we're gonna walk away with about $20k... which is a ******* shame considering we put about $80k into it over the years. Another way to look at it is that we lost $60k over 12 years and socialism would make it all better.

My epiphany... realtors are obsolete. Despite my liberal arts degree, there is really nothing to it. There is a standard contract that 99% of the industry uses based on state laws. The contract will be signed tomorrow, then they get a home inspection and we negotiate what may need to be fixed. Then the house gets appraised and renegotiate if it's less than their offer, which it won't be. Then the title and escrow company works their magic with taxes and various bullshit that they do... and at some point the bank cuts a check which the escrow company disburses. And on 26 July, we drop off the keys to their realtor. Everything today that the realtor "did", I could have done with the new buyer in 10 minutes over a beer, and we both would have saved a **** ton of money.

Joe Perez

iTrader: (8)

Another way to look at it is that $417 a month in rent ain't bad, especially after the mortgage interest deductions you took on your 1040. I am fundamentally suspicious of the whole "a house is an investment" meme. Normal people don't buy cars as investments, why do they expect used houses to appreciate in value?

Also: 12 years? God damn, it seems like yesterday that you guys bought the place...

samnavy

iTrader: (7)

Such positive waves man, like, thanks for the vibe!

I've got 3 years left in the Navy... currently in base housing and loving it. I'll probably have to deploy one last time at some point, so looking forward to the financial wrangling to tuck away enough money to put 10% down on whatever we end up buying when I'm done. $50k down should do it in the neighborhood we want to live in, so I think I'm gonna have to get lucky on a few of these penny stocks to manage that. We didn't settle on the first house, we just got the shaft when the market **** itself... our next house will be a 20+ year proposition, so not gonna **** that one away.

rleete

iTrader: (21)

I bought my first (and current) house from the parents of one of my best friends. I used another friends father to do the paperwork, because he was studying to become a realtor, and wanted the practice. He wouldn't take any money for it.
Everything at closing except the legal stuff was between me and the friend's parents. Closing date was "whenever you finish moving, give me a call". They sold me a whole bunch of furniture and stuff cheap, and I moved in a bed and was done.

Yes, it saved both of us a boatload of money, which I put straight on the mortgage.

Joe Perez

iTrader: (8)

Positive vibes:



(Seriously, if you've never listened to the full album, watch the video.)

I'm kinda jealous of a man 3 years from finishing out the biggest contract of his life and moving on to the next stage.

On the other hand, I'm moving on to the next stage in exactly two weeks and one day. Looking forward to having a garage again, and fully plan to be a homeowner a year after that if everything goes well. Debating between just buying something average for cash vs. building something really fabulous.

[Serious]
I've started contemplating buying a Porsche again. Probably a 2nd gen Boxster. Someone please convince me that this is a bad choice and talk me out of it.
[/Serous]

mgeoffriau

iTrader: (7)

I've been waiting for you to revisit your "What car do I buy to pitch woo to the ladies?" thread.

Joe Perez

iTrader: (8)

Nah, I don't give a **** about that. I just keep wanting a Boxster ever since I drove my co-workers a while back. Makes the NB chassis feel like a wet noodle by comparison, yet it's still plush & comfy.

samnavy

iTrader: (7)

Home inspection yesterday... 4 hours long. Some things that I was worried about never came up, but a lot of little things that I'd never though of dominated the list.

Big things:
Upstairs AC unit only blowing about a 12* delta... a healthy unit should blow at least 20*. It's 14yrs old.
Soft spot in roof crown from a long-ago-replaced leaking peak vent. Roof will need to be replaced in 5-8yrs anyways. There's a fan up there that's been disconnected for a decade as well.
One of the main floor joists isn't sitting on it's block foundation properly. Should be able to fix that with a floor-jack and some light taps from a 3lb beater.

Smalls:
Some soft spots on brick-molding on exterior doors.
Downstairs sink shows signs of periodic leaking on pipes.
Heat-lamp in downstairs shower blown ballast.
Exterior outlet for dryer vent cracked.
Garage wall outlet missing cover.
Front steps missing some mortar in places.

Might be a few more things I'm forgetting, but all piddly.
The buyer and his realtor were there... as we were walking out, the buyer turns to me and says "Sam, you can get all the staging furniture out, nothing on that list is gonna keep us from closing on time"... which I'm certain would have made his realtor **** himself if he'd heard it. I'm obviously not replacing the AC or fixing the roof... but the whole list of little **** is a day (max) of my own labor and $100 total.

Come 26July, I will no longer be a homeowner. Base housing for another 3 years while we look our **** off for our long-term place... already got the neighborhood and middle/high-school we want.

rleete

iTrader: (21)

Aren't you a little old to be cruising for school aged girls?

z31maniac

Hopefully he has the cash to fix the roof NOW. I don't know how it is in VA, but in OK insurers won't write coverage on anything that basically has a roof more than about 5 years old.

And if the insurer won't write coverage there will be no mortgage.

Just something to keep in mind or possibly talk to realtor/seller about.

shuiend

iTrader: (24)

I wonder if that is due to tornadoes and hail out in OK. The roof on my house probably needs to be replaced in the next 2-4 years, plus the 4 years I have been in the house. No problem whatsoever getting insurance when I bought the house.