All Forum Posts by: Account Closed
Account Closed has started 13 posts and replied 68 times.
Post: Added structures to my home - do I need to get a CO & Permits when selling my home?
- Upstate NY
- Posts 72
- Votes 85
Thank you. There are no open permits for complaints with these additions. They have been on my home for about 6-8 years.
There are a few reasons why am a bit worried...
1. When I bought this house, an awning was attached to the home. The Seller called me and told me that the inspector would not allow the home to be sold until it was removed. The Seller and I then took down the awning.
2. The front deck is about 2 feet past the zoning restrictions for this structure. In speaking with a few architects and a surveyor, all told me that it needs to be removed or get a permit.
3. I don't want the closing to be delayed for any reason. I have kids and they need to be enrolled in their new school, and will have to secure the new place by X date or I lose it.
I am not married to either structure and the cost, as mentioned in my original post, is ridiculous. Plus, there is no guarantee they will issue the permits before closing.
That's what my architect told me. I would need to have drawings created and a new survey taken. This, plus the usual BS fees from the town, would cost me about $3500. To have them taken down will cost me $750.
Over the years, I added a front deck, and an awning over my back deck. I did not get a permit or a CO for either. In a few months, I will be selling my home. Do I need to get a permit/CO for these structures?
Post: Added structures to my home - do I need to get a CO & Permits when selling my home?
- Upstate NY
- Posts 72
- Votes 85
Over the years, I added a front deck, and an awning over my back deck. I did not get a permit or a CO for either. In a few months, I will be selling my home. Do I need to get a permit/CO for these structures?
Post: Justice Department Says It Will Reopen Inquiry Into Realtor Trade Group
- Upstate NY
- Posts 72
- Votes 85
Justice Department Says It Will Reopen Inquiry Into Realtor Trade Group
On Friday, the U.S. Court of Appeals for the District of Columbia made a ruling that opens the door for a renewed investigation into the National Association of Realtors.
The Justice Department will reopen an antitrust investigation into the National Association of Realtors, an influential trade group that has held sway over the residential real estate industry for decades. The investigation will focus on whether the group’s rules inflate the cost of selling a home.
The renewed federal inquiry comes after the U.S. Court of Appeals for the District of Columbia on Friday overturned a lower-court ruling from 2023 that had quashed the Justice Department’s request for information from N.A.R. about broker commissions and how real estate listings are marketed.
https://www.nytimes.com/2024/04/05/realestate/doj-realtors-n...
Post: Justice Department Says It Will Reopen Inquiry Into Realtor Trade Group
- Upstate NY
- Posts 72
- Votes 85
Justice Department Says It Will Reopen Inquiry Into Realtor Trade Group
On Friday, the U.S. Court of Appeals for the District of Columbia made a ruling that opens the door for a renewed investigation into the National Association of Realtors.
The Justice Department will reopen an antitrust investigation into the National Association of Realtors, an influential trade group that has held sway over the residential real estate industry for decades. The investigation will focus on whether the group’s rules inflate the cost of selling a home.
The renewed federal inquiry comes after the U.S. Court of Appeals for the District of Columbia on Friday overturned a lower-court ruling from 2023 that had quashed the Justice Department’s request for information from N.A.R. about broker commissions and how real estate listings are marketed.
https://www.nytimes.com/2024/04/05/realestate/doj-realtors-n...
Post: Home sellers would no longer be forced to pay up to 6 percent commission to agents
- Upstate NY
- Posts 72
- Votes 85
Chris,
I'll probably go with a flat-fee agent. Here is what I will get...
All the paperwork for you
A professional photo upgrade
a professional yard sign
a comparative property analysis (CMA)
a personal home overview from us to go over what should be done/fixed/updated to maximize your home sale.
1 Year Listing
My home listed on MLSLI.com, HGAR.com, OneKey MLS, Realtor.com, Zillow, Trulia, & hundreds of partner and other real estate agent websites
36 photos uploaded to the MLS
Unlimited changes (price, open house, description, photos)
All legal disclosures and paperwork provided
Free MLS flyers, open house flyer & sign in sheets
Receive all buyer leads
Local Broker help by Email
Weekly Listing Stats for your property
Showing time Scheduling
Electronic Lockbox
Phone call questions and help with anything you need during the selling process
The agent negotiates my offers for you
Verify all buyer's pre-approvals and/or proof of funds
The agent completes and sends all required paperwork to the attorneys to get contracts going
They handle all home inspections and potential issues
They deal with the appraiser and provide comparable sale information so my house appraises for the contract price
They confirm the commitment of buyers' mortgage
They help deal with any legal issues from the town if there are any
They handle the walk-through and any issues that might arise
They attend the closing
They make the appointments and show my house
Commission Rate: .5% with a minimum of $2500
Chris, Am I missing anything?
Post: Home sellers would no longer be forced to pay up to 6 percent commission to agents
- Upstate NY
- Posts 72
- Votes 85
Quote from @Shane H.:
Extra, Extra, Read all about it!
Today nothing changes in real estate. Tell your friends you heard it here first.
Keep thinking that way and you will be OOB in a year
Post: Home sellers would no longer be forced to pay up to 6 percent commission to agents
- Upstate NY
- Posts 72
- Votes 85
but those arent owned by the NRA
Post: NY area home sellers must make disclosures under updated law
- Upstate NY
- Posts 72
- Votes 85
For the past 22 years, Long Islanders selling their homes could avoid answering detailed questions about their property by giving a $500 credit to buyers.
They no longer have that option starting Wednesday, when new changes to state law take effect.
Last year, the State Legislature amended the Property Condition Disclosure Act, removing the option to give a $500 credit to buyers and adding seven questions related to a home’s flood history and insurance requirements.
Here is the link to the story.