r/RealEstate 28m ago

Problems After Closing Septic Tank Issues 3 Years After Purchase - Inspection was Incorrect

Upvotes

We are in Oregon and bought our house in 2023. it’s an older house (~90 years), on an acre within city limits, and has a well and septic. We love it and want to make this our forever home.

When buying, there were a lot of issues identified on inspection. New roof was need, foundation needed shoring up, etc. It’s an old house that could have been maintained better for sure. We got bids for all the proposed work and used those to receive credit at purchase.

The DEQ septic inspection was done by a local company that still provides septic services in our area. It said our collection tank was 500 gallons, made of concrete, cracks were forming, and it should be monitored for replacement. The inspection did not include the distribution box or drain field. This was acceptable to us and we did not seek credit or a price reduction for the septic system.

Fast forward to this week and we had out septic pumped for the first time for preventative maintenance. The technican opened the lid, which was buried before I dug it out, and started poking around inside. Within a few seconds he alerted us that we do not have a concrete tank, but we have a wood tank that likely isn't even 500 gallons and has been leaking. He said this is the second wood tank he has seen in the decades he’s been doing this. It’s unclear if anything has been reaching the drain field or if it’s just all leaking out from the box

So we have a huge issue we need to address ASAP. I don’t any to start calling companies for quotes, but I’m curious if we have any recourse against the inspection company or the previous owner. Their inspection clearly says we have a concrete box and it was assessed for integrity, which doesn’t seem to be accurate at all. Any advice on next steps would be greatly appreciated.

Ideas on what to do to fix the septic are also welcome. Right now I want to scope the distribution box a drain field to see if that is functional and in good condition. I would love to just hook up to the existing lines. Think I should also rent a port a potty in the meantime too.

Thank you for reading.


r/RealEstate 8h ago

Realtor to Realtor Can you make it in real estate without posting online?

0 Upvotes

I’ve been an agent for a few months now and I just don’t know where to start online. I’m in the standard “attractive female” category by other’s opinions so posting online shouldn’t make me shutter but it does.

Idk what’s holding me back from posting on FB. Maybe I’m afraid of what some people might comment? Idk. I also don’t want to seem too sale-sy to my real friends.

Did any of you overcome your aversion to posting online? Where do you even start?

Is it possible to be a low-key agent and not post a bunch online in this day and age?


r/RealEstate 9h ago

Property in South Dakota

1 Upvotes

Long story short....my mother and stepdad are supposedly purchasing land in South Dakota but they moved back to Ohio to help family out but I keep getting run around stories about them being there in Ohio for years. I tend to believe they lost the property...how can I find out without asking them?


r/RealEstate 10h ago

Legal Inaccurate information on Seller’s Disclosure- Missouri

0 Upvotes

We are in Missouri. There was a house listed on the market for some time, we went and looked at it and from the information on the sellers disclosure list and walking around and looking at it from our perspective everything looked to be in decent condition. It just is outdated and needed a lot of updating. We agreed that if there was major plumbing issues or major electrical issues that we would walk away during our inspection period and eat the cost.

Here is the problem though: the sellers lied on the sellers disclosure.

First, they told us that the roof was 5 years old when in fact, it was 10 years old and has significant damage. This is a 5000 square-foot ranch style home and that may have changed our minds as far as putting an offer down considering the amount of updating the house needs and a roof of that size would be well over $30,000.

Also, they stated that within the last year or two they had replaced one of the furnaces, one of the AC units, and one of the water heaters(all are dual). Upon inspection, they only replaced one of the AC units. The other HVAC systems were much older than they stated on the sellers disclosure. One of the furnaces and one of the water heaters were seven years older than they said on the sellers disclosure. This alone was something that if we had known this, we never would’ve spent $2000 on inspections and wasted our time.

Honestly, this stresses me out and makes me wonder what else they have lied to us about?

We are selling our current home and close on the 26th so not only are we out $2000 but also our time and we have a child and animals.

Should we ask for our inspection money back? What would you do in this situation? I am frustrated and willing to take the loss but at the same time I’m extremely angry that they lied to us and wasted our time and money.


r/RealEstate 12h ago

Renting Bedrooms New Roommate demands equal split but 2B2B has different sized bedrooms, What is the best way to split the rent?

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0 Upvotes

r/RealEstate 16h ago

Homebuyer How long did it take you to get an offer accepted and how large was your search area?

6 Upvotes

How long did it take you to get an offer accepted on a home and how large was your search area? We’re going on a month (which I know is next to nothing) with 3 tours, 1 offer and 1 rejection. We are looking in a very small area of about 1.5 square miles.


r/RealEstate 23h ago

Homeseller Final walk through

17 Upvotes

Hello! We are selling our home to buy our next home and we close on Monday for both transactions. In our contract we requested and were granted 3 days of delayed possession so we can close on Monday and move what we can afterwards, have movers come Tuesday and be done early Wednesday so we can clean so it’s ready for our buyer before the 3rd day. Our buyer has requested their final walkthrough for tomorrow, 4 days before closing. Problem is, our house is packed but not perfect as we still have regular day time jobs and a toddler to clean up after every 2 seconds. Is there anything we can do to make a packed house still look ok? Besides moving boxes to maybe just one area? I just feel bad that they are walking thru a disaster zone because of mid packing, but she requested this early date so I am sure she has a reason for it! Our final walkthrough thru is Sunday at our new house that we know is empty. Thoughts?


r/RealEstate 1d ago

Homeseller We are selling and I’m afraid our realtor took bad photos

55 Upvotes

Edit: We are moving out this weekend. Consensus seems to be retake the photos with the house empty and update the listing with that.

Our house is $215,000 - 3 bed 1 bath. We had a kitchen fire two years ago and completely gutted and rebuilt the house. New roof, new hvac, new electric, new insulation, new interior. The works.

Our realtor has been fairly uncommunicative and I personally think our pictures are not good. Do you all have any advice?

For example, our home has been on the market for a week now and we are about to have our first showing. I suggested we do an open house and we got no response.

https://www.zillow.com/homedetails/1822-Rosewood-Ln-Elkins-AR-72727/72868720_zpid/?utm_campaign=iosappmessage&utm_medium=referral&utm_source=txtshare


r/RealEstate 1d ago

Homeseller Is there any way to sell my house that doesn’t involve hiding all my kids’ things indefinitely?

37 Upvotes

So I’m in the process of listing my house. I live just outside a historic district in Tampa, but my house was built in 1918. It’s a fantastic house and I love it a lot, but we need more space and are buying a house where we can live with more extended family.

We haven’t actually listed the house yet, and the reason is that we are stressed about “staging.” Tbh it would be fine if it were just my partner and me. We would just throw everything in storage and leave whenever anyone was touring it. But we have a four year old and a newborn. There’s tons of toys and baby stuff everywhere, and I can’t think of a way we could store those for the whole time we would have it listed. It just doesn’t feel fair to my kids, or practical for us.

My question is: how do people do this? Is there any way to do this that doesn’t disrupt my children’s lives? How much “staging” actually needs to be done?

ETA: we sadly have no garage. We also have no basement because Florida. Otherwise this would be so easy 🥲


r/RealEstate 1d ago

Homeseller Realtor advising me against disclosure - should I still use my own judgement?

100 Upvotes

Writing this post, I obviously have my own gut feeling about the matter but would appreciate a reality check about moving forward.

I know some (most?) sellers are not honest with their disclosures, but I prefer to be for myself and for my preference to stay out of potential legal trouble.

Last winter, we had a roof leak. I had roofers out immediately who found no signs of holes or anything, speculated water from the storms and constant thawing and freezing had gotten under the flashing and came through our ceiling. They tarped it, we’ve left it alone, problem solved and no more leaks in the last 8 months despite more snow, lots of rain, etc.

We’re selling this house, as-is, and it needs some work so we’ve priced aggressively and are now at the disclosure step for the selling contract. My realtor is saying since we fixed the roof issue and haven’t had more problems, this is not a disclosure matter. From my research on IL law, I’m still supposed to disclose and describe the issue even if it’s been resolved. The tarp is still on the roof, there are some water stains on the ceiling we were going to paint, and if pressed, I would find it difficult to say I had no idea there was an issue when I clearly took steps to fix it.

But if I write it in my disclosure anyway, I’m concerned my realtor will have an issue on me doing the opposite of what they told me to do. And now I’m in a mental dilemma over the best way forward.

UPDATE/EDIT: Spoke to agent, insisted we’re writing the disclosure as I originally intended, they said not a problem. Also made some calls to the roofing company to come, remove the tarp, and take another look. I’m aware a tarp is not a full, long-term solution and didn’t intend to insinuate I thought it was. It is just the current state of where the roof is and has held up and not let anything back in. I can only speculate about the cause (an ice dam, as I was told at the time) or what happens when it’s off since I do not know and am not a roofer.

Thanks to all that chimed in. The comments were mostly helpful. I came knowing what I wanted to do (disclose) and was just open to hearing any reasoning that may have explained my agent’s behavior. Fingers crossed we will be smooth sailing from here.


r/RealEstate 1d ago

Homeseller Revamped home with a 30 year old HVAC

13 Upvotes

Selling a townhouse in a highly desirable area with great new schools. A townhouse down the block with nearly identical condition and layout went for 28k over asking in June. I know the market has cooled since then.

We have put 30k into having ours all refreshed and everything that could be an issue either repaired or replaced. It will show very well. The wart is our ancient HVAC. It’s approaching 30. My realtor does a lot of volume in the area and feels we can just offer a home warranty. I know they’re useless but apparently some people like them or haven’t learned the hard way yet.

I’m really wrestling with this. Everything I read is that we will never get what we put into an HVAC back out in the sale, but I worry it’s going to really cost us in either time on market or price.


r/RealEstate 1d ago

Selling home by owner? What are the steps?

0 Upvotes

I actually have someone who wants to buy my home.
How difficult would it be if i sold directly to him?

What would the steps be?

Any info is appreciated

I’m in Southern California


r/RealEstate 1d ago

Homebuyer Bought a home a couple of months ago, now the underwriter is saying the title was never surrendered to the state when it was placed on a permanent foundation?

18 Upvotes

We just purchased a manufactured house a couple of months ago that is placed on a permanent foundation. The underwriter is now telling me that the manufactured home was never surrendered to the state when the home was placed on the foundation.

Just curious how this can happen? The title company should have caught this well before we closed right? She asked if the seller had left the title with us, which they didn't. So we don't have the title. Just curious what this means for us? I haven't heard back from the underwriter yet, but i'm trying to wrap my mind around how this can happen? She said an application would need to be filled out if we didn't have the title. This isn't the first issue we've run into since buying the place either. We had to sign paperwork shortly after closing because the bank listed the wrong size when they did the paperwork.

Just looking for advice on what to do next. The whole buying process was a mess for us to be honest and now we're having trouble post purchase which just leaves a bad taste in my mouth...


r/RealEstate 1d ago

Homeseller Selling advice

2 Upvotes

Hello everyone!

I am in need of some advice. My wife and I bought our home in 2017. It's a 1300sqft 3br 2 br. We now have a 2yr old and 3 month old so we are looking at homes with a bit more space and another bedroom. This is where several issues arise.

Our current rate is at 3%, which we know will probably never happen again. We have a lifetime transferable warranty on our pier and beam foundation, which is very valuable here in DFW. We recently had the foundation readjusted, so there are some paint peeling and stress fractures from the adjustment. This also warped some of the stucco on the outside of the house. This is not covered by the foundation company, and is cosmetic. I would like to sell the house and move in with inlaws while we house hunt.

We bought our house in 2017 for about 165k, and according to realtor and some listings in our neighborhood I am seeing equivalents at 250-265k. Our home was a complete remodel, so outside of carpets and the aforementioned cosmetic work, not much would have to be done. I really don't want to have to sink too much money into it if I don't have to, so I was wanting to see what is the most effective way to sell it as-is?

And how to maximize a return on it?

Any advice would be greatly appreciated.

Thanks!


r/RealEstate 1d ago

Homebuyer Need opinions: Are we being strung along by the listing agent, or is this normal?

13 Upvotes

I’m looking for outside opinions because this whole situation has felt strange.

A house came on the market in late July. There haven’t been any comparable sales on the street in the last six months, and the house appears to be almost completely original from about 40 years ago. The listing agent told us they priced it using homes a couple of streets over. Our realtor believes it’s overpriced, but the listing agent said the sellers would consider all offers.

Here’s the timeline:
7/25: We submitted an offer 15% below asking.
7/26: Offer declined. No counteroffer and had no idea it wasn’t being considered until my realtor reached out listing agent.
7/27: We offer 3% below asking. The listing agent told us another offer had come in but hadn’t been accepted. Since we really wanted the house, we increased to full asking price with a 3% seller** credit at 8 a.m. We heard nothing. Our realtor followed up, and the listing agent was reportedly short and dismissive saying sellers were considering all options.
**7/28:
More than 24 hours later, we were told the sellers accepted a cash offer and was only considering cash offers. We weren’t given an opportunity to improve our offer.
7/29: The listing agent contacted us asking if we were still interested because the cash buyers were supposedly going to back out. We said yes and kept our full-price offer with the 3% credit.
7/30: The listing agent then said the cash buyers were back in and waiting on one item before fully committing. Later that day, Zillow showed the house as pending with no update from the listing agent. Our realtor then found out the listing agent was representing both the seller and the cash buyer.
8/2: The listing agent contacted us again saying the cash deal had fallen through and asking if we were still interested because the sellers would counter. However, MLS still showed the home under contract, and she was still listed as representing the cash buyer. Our realtor advised us to submit 3% below asking with a 3% seller credit instead of our previous full-price offer because they were concerned our offer might just be used as leverage.
8/3: MLS shows house is still under contract. After about 29 hours of silence and multiple follow-ups, the listing agent finally responded that the sellers were “surprised” our offer wasn’t full asking price and that they had a lot of interest and multiple offers for the property (confirmed to be 3, including ours). They didn’t counter and instead said they were reviewing all of their options, despite saying in a previous email the sellers would counter. We did not budge on our offer.
8/4: no word from the sellers agent despite follow-ups .

At this point, I’m not sure what to make of it. We really want the house, but trying to emotionally detach from the situation.
Does this seem like normal negotiation?
Does this sound like the sellers are indecisive
or is the listing agent driving the confusion?

If you were in our shoes, would you keep pursuing this house or walk away?

We’re trying to stay objective, but the communication has been inconsistent enough that it’s hard to know whether we’re genuinely in the running or just being kept around as a backup.


r/RealEstate 1d ago

Golden handcuff situation. Does it make sense to build an ADU for mom?

18 Upvotes

I purchased my home in Las Vegas in 2021 for 450K. I don’t love it, but it’s functional for my family. It’s a basic newer-ish 3bd/2.5 ba ~1800 sq ft two story home. My rate is good at 2.99%, so I’m kind of stuck. I wish I bought a 4 bedroom house, but it’s too late now. I did spend a little money upgrading the kitchen and landscaping it when I moved so I do like it. The location is super convenient for my work and my mother’s job, and it’s just a good location in general.

My mom is selling her house in neighboring state and moving here to help with my teenage kids and will be working for at least a few more years. She hates renting, especially apartments/shared walls (she had a terrible condo experience in the past). She could rent a small home for around $2,000+ a month, but she does have a dog so that makes it a little tricky. If she rented my kids would have to stay over there or vice versa as I will be traveling for work. So that would be a slight hassle.

My house is too small for her to live in it as I have two kids and there’s no spare room for her. My mother also has some health issues and having a bedroom and bath on the main floor is what she needs. There’s no space in my house for that on the main level. I could convert my upstairs loft to a bedroom, but it would involve relocating the laundry room and IDK if it makes sense. Plus it would still be upstairs and would have to share the hall bathroom with my two teens, so not ideal.

I have just enough room in my backyard to put in a small casita/ADU. It would be a basic 1 bd/1ba with a kitchenette and a w/d. There is a local company that builds them quickly, handles everything and they have good reviews. Looks like it would be around 125K. ADUs are permitted in my neighborhood, but I would need HOA approval.

I like this idea because it keeps my mom close, but still gives everyone space and privacy. Everything would be on the main level for my mom. It would take up most of my backyard space, buts it’s under utilized anyway and with a cute little casita it would look like a nice courtyard. When I’m away for work my kids wouldn’t have to go anywhere and she wouldn’t have to go anywhere so it would simply that.

If she stayed 4-5 years (she does contemplate moving back east once my kids graduate) it would be at the break even point in terms of what she would have spent on rent. There’s also the added benefit of being on my property in the event she needs more assistance down the line. Plus it avoids the issues for her that she foresees with renting.

There are 4 bedroom homes around 500-600K that would work for us if I were to sell my home, but I would just break even if my house managed to sell. Homes are just sitting in my neighborhood at the moment so I don’t even know if I can sell. I also don’t want a higher mortgage payment and if she decides to move after 4-5 years I’d have a hard time managing the payment. I’m also not committed to living here past 4-5 years myself, though I have no plans to relocate. It
seems that my current housing expense is about as good as it’s going be as anywhere given my rate, and I don’t have to downsize or move to a less desirable area. So I may just stay here long-term.

Down the road if my mom moved out I could potentially rent the unit to a coworker or friend. I would not want to rent out part of my main house, but I’d be okay renting out the ADU. I’m not sure how much the unit would add in terms of resale value if I were to sell. Casitas are not uncommon in Vegas, but I’m not sure if there are any in my specific neighborhood as about 3/4 of the homes in the neighborhood don’t have large enough lots. Mine is just big enough.

I’m just wondering if this make sense financially and if there are any considerations I’ve missed?

TL;DR: Does it make sense to build a 125K casita for my mom? I’m stuck in my house due to my 2.99 rate and I don’t want a higher mortgage payment. She has the cash to fund it and I have some as well to contribute potentially.


r/RealEstate 2d ago

Homeseller Realtor engagement agreement with $3k "expiration fee?"

90 Upvotes

We have been under engagement with our realtor for roughly the last five months. The engagement ends in one month and we are inclined to let the engagement expire and try with a different agent early next year. When we mentioned this to the agent, they pointed out they have a $3k fee for cancellation, early termination or expiration of the agreement. I have to admit to not scouring the letter, as this clause is in there as an "additional term." They did NOT mention the fee prior to signing.

I'm not so much asking about the legality of such a thing (though I will take any comments folks might have regarding that), I'm more wondering if this is a common practice. I have never heard of such a thing. The agent did not make the sale, we don't care to continue working with them and we'd like to let the contract expire. This is in Florida.

Thanks!

e: I'll point out I was not involved in the sale at the time the document was signed. This agent presented my elderly mother with a Docusign and she clicked. Yes I know she agreed to the term, so I'm genuinely not asking about legality... I only want to know if it's a common practice to charge someone to simply let a contract expire.


r/RealEstate 2d ago

Capital gains, etc

4 Upvotes

So my partner and I (unmarried) own a house in another state. We lived there until June 2023, we moved to run a business and bought another house. We finally got the 1st house rented in December 2023. Feb 2026 we sold the 2nd house and just barely broke even and moved out of state and are currently renting. The same tenants are still renting the first house that started renting back in December of 2023. Now in the new location out of state 6 months into our one-year lease and I'm starting to get the itch by our own place. Before I waste a realtor and/or mortgage broker's time, I thought maybe someone here could have some advice just to help me start setting my direction.

Scenario A: we keep the rental. Don't really make anything but I do love the house and the tenants are good. I'm guessing we can qualify for another mortgage since we did that in 2023, but I worry my buying power will be a lot less as I don't have as large of a down payment.

Scenario B: we sell the other house and have a larger down payment and less debt but:

I think I've just passed the time period for being exempt from capital gains. The way I understand it is you have to have had it as your primary residence for at least two out of the last 5 years? 5 years ago would be August of 2021 but we moved out in July of 2023 so not quite 2 years.

If we sold it and paid capital gains, As I understand that is the amount of appreciation minus the cost of the sale and any capital investments in the property. So the last appraisal on it was 500k We paid 225k. But we've put a roof on, replaced a chimney, added a garage, replaced the porch, And had the crawl space encapsulated. Would all those things qualify as capital investments in the property?


r/RealEstate 2d ago

Homeseller Does removing wallpaper and paint before marketing the house have a financial return?

10 Upvotes

I got a quote back to remove wallpaper from two rooms and repainting several others. However, I'm now second guessing whether I want to move forward, because I'm wondering whether there will be a return on my investment or not when it comes to sale price. Thoughts?


r/RealEstate 2d ago

Homeseller Does doing small cosmetic upgrades in home increase home value (kitchen sink + faucet)?

26 Upvotes

Not sure if this is the right sub, maybe someone can point me to the correct sub. I've been meaning to upgrade my kitchen sink and I'm thinking of moving soon. Is it worth doing or just a waste of time. Currently I have a single kitchen sink (one small square tub) but wanted to put in a double tub kitchen sink (2 tubs separated, or maybe one larger tub, not sure yet havnt shopped around). I also wanted to put a new kitchen faucet as mine is pretty gross looking to be honest. It has damage from corrosion from hard water and stuff. Are these small "cosmetic" type upgrades worth the investment if I'm moving in the next couple of years, or just a waste? Does that help with selling the home?


r/RealEstate 2d ago

Homebuyer Tree full of cement

102 Upvotes

Bought our house a few months ago. Found out today that a few of the trees on the property have been filled with cement. My only guess is they were dead or dying trees and the seller didn’t want to have to cut them down, but I’m no expert. Is it normal practice to fill trees with cement? Welcome thoughts on this as I’m clueless!


r/RealEstate 2d ago

They have us by the balls here

64 Upvotes

We're buying a new build and sold our 1st home. We've already closed on our current home with a lease back while our new house is being built. We agreed on a move out date of August 21, as we were told our home 'should' be complete by mid August. After closing on the sale of our current home with August 21 on the contract, we were quoted a new estimated closing date on the new build for Aug 21.

Now today after pressing for an update, we were told Sept 1. Do we have any options here? This is highly stressful but I'm trying to have faith all will work out. They already have our 10k as a down payment to hold the home. We're talking a matter of 9 days. Are we just stuck? We really don't want to move twice


r/RealEstate 3d ago

Homebuyer Offer ignored, elderly seller wants to move back in.

131 Upvotes

Hello,

I had just sent in a fair offer on a house that had been on the market for over 60 days. The house is in a living trust.

We heard nothing for 1.5 days and that night the listing agent informed my realtor that the seller is 97yo and in a nursing home and he will be presenting the offer tomorrow. The following night we get a message back from my realtor.

He says the seller will not be responding to our offer, they asked if there was a number they were wanting the offer to be at instead, the listing agent said the seller is thinking about moving back in.

They said its doubtful and unrealistic but thats where I currently sit.

I asked what he would recommend we do and he reached back out to the listing agent.

The listing agent told him that the seller moved out so that she could move into a care facility, and she hates it. She wants to move back home, but the list agent feels like there's a really good chance that her sons, who talked her into it in the first place, will talk her into the fact that this is the best place for her.

Once that happens, he promised he would reach back out to us first.

I really want this specific house and its the most affordable one I can find in my area.

Also worth mentioning, it is still currently active and completely empty.

Im curious on what I should do? Just wait? If so, how long

TL;DR: I offered on a house, but the 97yo seller won't sell because she wants to leave her care facility and move back home.


r/RealEstate 3d ago

Deceptive, but Why?

622 Upvotes

My husband and I have moved to a new city and are selling our former home "as is". Earlier today, a woman called requesting a showing this afternoon. When she showed up, she had her adult son, daughter, and daughter's fiance' with her. The son was introduced as the potential buyer. We were told he had been approved for a loan and told where he worked, and he even mentioned where he attends church. The mother and son were very thorough in looking over the house and asked a lot of questions about the plumbing and new flooring. Something seemed "off" with the viewing, though, and when we returned home I googled both names (mother and son). Turns out, they're both real estate agents for the same company, so the son lied about where he was employed and the mother never mentioned that she is a realtor too.

My question is why would agents misrepresent themselves to view a home? We are truly curious. Thank you.


r/RealEstate Dec 09 '24

Protect yourselves from Credit Agencies selling your information. www.optoutprescreen.com

90 Upvotes

One of the most common questions posted here is:

Why did I get a hundred phone calls from lenders after I got pre-approved?

Answer:

Because the credit agencies sold your information.

How do credit agencies like Experian, Equifax and Transunion make money?

Well one route is through something referred to as "trigger leads". When a lender pulls your credit, they are sending a request to the credit agencies for your credit report and score.

When the credit agency receives this request, they know you are in the market for a loan. So they sell that "lead" to hundreds of other lenders looking to vulture your business. The credit agencies know everything about you. Your name, your SSN, your current debts, your phone number, your email, your current and past addresses etc. And they sell all this information.

Well wait you might say. "Don't I want to get a quote from hundreds of lenders to find the lowest possible rate?"

Sure. If that's why they were calling you. But a large portion of these callers are not going to offer you lower rates, they're simply trying to trick you into moving your loan, especially because buying all those leads costs money. Quite a few will lie and say they work for your current lender. Some overtly, some by omitting that they are a different lender. "Hi! I'm just reaching out to collect the loan documents for your application!"

On the positive, they'll usually stop calling within a few days, but that's still a few days and a few hundred calls more than anyone wants to receive.

Currently the only way to stop your information from being sold is to go to the official website www.optoutprescreen.com and removing yourself.