Renting & Real Estate - August 2006

Negotiating to purchase a home, need help to know best way to be successful. House on the market for > 7 months, originally 350k, gradually reduced to 315k. Sale due to death of spouse, and seller buying new condo, with 2 new mortgages. I offered 260k because her orig mortgage 6 years ago was for 158k, & I added 100k to it to motivate her to sell since one of her new notes is for 100k. Tax assessment is 287k.(all figures obtained from courthouse) She countered with 305k, I offered 267.5k. My real estate agent conveyed there was frustration on the buyer and agent's part, and they brought up a recent appraisal which reported around 300k, and agent stated the seller might agree to reduce to 300. House needs work - new kitchen, paint including ceilings, carpet. Advice as to how I should proceed? I want this house, but am really starting to stretch my limits. Also, ideas on contingency that would give me an out up to closing? I think assessment is high, and need to get in for <285k. Thanks!

2006-08-09 18:24:56 · 10 answers · asked by drbernice843 3

Home owned by Burdett Griffin III

2006-08-09 18:12:08 · 5 answers · asked by handygriff7466@sbcglobal.net 1

Can you help me find the manufactures or someone who can help me order the bookshelves?

2006-08-09 18:07:51 · 2 answers · asked by Anonymous

2006-08-09 16:41:29 · 7 answers · asked by kenobohenry 2

i have revised my question from earlier...i have a house that my brother helps pay helf of everything (closing cost, mort. repairs.....) the deed has my name only. our apr is 5.3% fixed for 30yrs, we have had it for 3yrs. and bought it for 170k and its valued at 300k or so. he has debt of about 30k, he has asked me to refi or take out a heloc, our in another senerio buy him out with about 30-40k but it stil means taking out money from somewhere, he says he wants to continue to assist with 1/2 of everything and give me $1000/mo. for the loan and $400 for the mortg. our very last resort is selling which i really dont want. so what is the best way to help him out of his debt and not lose money in any way. please help us out.

2006-08-09 16:35:20 · 5 answers · asked by joeymozzer 1

2006-08-09 16:23:01 · 6 answers · asked by kenobohenry 2

My wife and I moved to a new city 3 yrs ago for my new job. I am now able to work completely remote and we would like to move back to our home town, but the realestate market here is very poor. We really can't think about a new home untill we feel confident ours will sell.

Any one have any alternates to listing and selling the home? Its been on the market for almost 4 months now.

Bridge loans do not look like that good of an idea, but any opinions on these?

Thanks in advance.

2006-08-09 16:21:50 · 6 answers · asked by DrSean 4

My credit isn't strong at all.....I can pay a mortgage...just don't have any money for a down payment....Help.

2006-08-09 16:12:46 · 13 answers · asked by nastybassplayer_98 1

I mean if I have a steady source of income, a good credit history and am in the market for buying a house, how can I calculate how much the bank is willing to lend me, how much down payment should I pay etc ?

2006-08-09 16:00:49 · 5 answers · asked by estee06 5

2006-08-09 15:50:49 · 6 answers · asked by crazy 1

2006-08-09 14:06:46 · 4 answers · asked by pancakepopple 1

2006-08-09 14:06:41 · 4 answers · asked by girl_isla 1

we need to sell our house ASAP - can't really afford to pay all of the sellers costs including the commission. Don't want to make any money from the sale - just enough to pay off the exisiting mortgage. Should we list it with an agent - or for sale by owner? Any one with advice - please help??

2006-08-09 12:43:57 · 13 answers · asked by Adam A 1

2006-08-09 12:41:34 · 8 answers · asked by Nacho D 2

I recently entered into a contract to purchase a home. When we made an offer my realtor talked me into raising my bid because she said there was already one offer being presented at the same time as mine. The following day she called me stressing that if we wanted the house we needed to accept his counter offer which was very close to the asking price. She told both my wife and I that there had been two offers other then ours come in! In hast we accepted his counter. (She knew we wanted the home) Afterward we meet the owner and he told us that our offer was the only one he ever received or even heard of. We really want the house but at the same time we are very disappointed. We thought that our realtor was working for us but instead after getting to know us "worked" us out of several thousands. I do not know if he would come down but I know I was the only one being worked, and in this case lied to.

2006-08-09 12:08:59 · 5 answers · asked by Anonymous

My cousin and I got in an argument 6 months ago and haven't talked since. Just recently he started e-mailing me saying he is sorry. Well today I get this phone call from him saying he is trying to rent a house and he put me as a reference. He told me to put a good word in for him. His future landord called asking about his character. I didn't answer he left a message and asked me to call him back. Now my cousin is a very clean person and he has always paid debts to me in full. However I have scene him screw landlords before. so my question is Do I say I've scene him screw people or do I say he's always been honest with me and he is clean?

2006-08-09 11:50:21 · 10 answers · asked by nightrider 1

2006-08-09 11:20:20 · 4 answers · asked by Windsor 1

Landlord is charging $45 intial fee then $5 everyday is that legal. Has it in lease

2006-08-09 11:05:01 · 14 answers · asked by ladyboss717 1

we want to refinance our house in Massachusets but the lender we have now says we have to pay an early termination fee. Is there such law in my state that says we have to.

2006-08-09 10:44:15 · 3 answers · asked by edtrrs 1

I'm a skeptic, so it looks like a scam, but has anyone really got rich off of it?

2006-08-09 10:23:44 · 4 answers · asked by angelbabiiG 2

Reside in Augusta Maine and have accepted two months rent already and he wants to change the lease to say I can not have washer and dryer does he have the right to do this

2006-08-09 10:16:55 · 15 answers · asked by sabl_fe 1

We have grown out of our home and need a bigger house. Someone suggested that we refinance our current home with a traditional loan (we would not need to purchase insurance b/c of the equity in our home would equal 20% down or more) Our new home will be bouth with 0% down with my husbands VA Loan. (which doesn't require insurance) Our home is in a perfect location for a rental.

2006-08-09 10:16:39 · 10 answers · asked by Dominika 3

I'm talking about nice view of the city, etc.?

2006-08-09 10:13:00 · 17 answers · asked by angelbabiiG 2

2006-08-09 09:46:23 · 4 answers · asked by Dave G 1

2006-08-09 09:34:22 · 6 answers · asked by Anonymous

i have paid for a solicitor and paid for evaluation and set up fee's for my mortgage, in total it is costing me £1,920. now they have told me they are selling to someone else for £10,000 more, they never signed to commit to a sale, but i did, all this after 2 months..
where do i stand on this legally, i am down £1,920 in fee's and costs, is there anyway to recoup the costs?

2006-08-09 09:14:25 · 11 answers · asked by kmc1169 2

i am moving from my flat at the end of this month. i have furniture and i want to sell it. i am new in UK and i don't know where to sell. i know many of you will suggest ebay. is there any second hand shop (not online) i can go and sell my furniture in it?
and what about the removel vans?! does that cost much? actually i am thinking of moving without taking the furniture.
i want to sell it but i think it will take time in ebay and in lack of time.
please help!

2006-08-09 09:08:52 · 8 answers · asked by hiba 2

2006-08-09 08:44:34 · 17 answers · asked by shez1sutt 1

2006-08-09 08:42:59 · 9 answers · asked by Rodney94542 1

If so, how do people who have had a bankruptcy rent an apartment?

2006-08-09 08:29:08 · 56 answers · asked by osunumberonefan 5