Renting & Real Estate - November 2006

2006-11-08 05:39:50 · 5 answers · asked by Lena B 1

2006-11-08 04:54:24 · 5 answers · asked by MamaJupe 5

My son has recently divorced and finds himself starting again at the bottom of the ladder. His ex wife has ownership of the family home and he needs a small starter like property.

2006-11-08 04:46:44 · 15 answers · asked by betty 1

2006-11-08 04:44:30 · 17 answers · asked by farout 1

one place i was evicted from was because the courts said i had to move because my son was going to court with people over in tbe area. another one came from my sister using my name. the last one came when my landlord failed the inspection by the state because i have foster children and he didn't want to put in extra work.

2006-11-08 04:39:51 · 5 answers · asked by Machelle G 1

Just comparing prices, it makes sense to relocate to a part of Europe where the houses are cheap.. then to pay the same for an apartment in America.
I would buy a housein Europe instead, even if I couldnt relocate, I would lease that house to some family, and have extra income.. it would pay off overtime, I think.

2006-11-08 04:22:33 · 3 answers · asked by wdzone 3

2006-11-08 04:21:53 · 2 answers · asked by crlsylvester 2

the house we are renting has no double glazing and no insulation it also has 5 bedrooms so it is a rather large property what i would lke to know is with regards to the central heating it is rather old and it is run by kerosene oil so is extremely expensive around £300 per month i was unaware of this cost when i took on the property and i was never shown how to work it properly so through the winter is a costly time can anyone give me any advice on this matter the house also has gas and elec i have four children so the house needs to be warm many thanks

2006-11-08 04:15:16 · 7 answers · asked by n22andme 1

2006-11-08 04:00:01 · 4 answers · asked by maraig 2

How do people get mortgages for so many properties or several expensive aprtment buildings? Wouldn't a loan officer be very cautious to award such high debt-to-income ratios? Even if you have excellent credit, most incomes from ladlords and apartment complex owners cannot support millions of dollars in mortgages. Do they instead look at it as this building will provide x amount of dollars in rent which in turn will ensure our mortgage is paid? Just curious how this works, Thanks.

2006-11-08 03:55:54 · 3 answers · asked by Anonymous

Alright to make this short.... We use to live on another property through the same landlord... he terminated out lease and gave us 10 days to move out... he then put us up in the house we are in now.
Was he supose to keep us under the same lease from the other property? We put in a request to move a month or so ago.... because the heating in the house is very dangerous for my son to be around, and we need more room. He replied back with a NO that he wont do that on a "WHIM" Theres much more detail, but basically the guys been a d**k to us ever since... Weve never been late on rent till this last month and on the 5th- he serves us with a pay or give him possession!!!! We are a young couple and think he may be taking advantage... please leave your answer and references...if you have facts.... thanks

2006-11-08 03:34:40 · 5 answers · asked by greygirl06 2

2006-11-08 03:24:34 · 2 answers · asked by Anonymous

I asked the owner, he said to make him an offer, but I have no clue as to how much. I bought the house for £150, 000 two years ago as a 3 bedroomed 1 bathroom semi, but have added a huge extension outwards and upwards, 2 more bedrooms , 2 more bathrooms and a loft conversion. How would I calculate things in order to make a reasonable offer?

2006-11-08 03:23:19 · 3 answers · asked by Lorraine S 1

200 dollars

2006-11-08 03:16:27 · 7 answers · asked by BokBok 2

I have a piece of land in FL mortgaged. Has anyone heard of leasing the land for someone to build a house on? Maybe something similar to what is done with mobile home parks or skyscrapers in cities...

2006-11-08 03:11:42 · 3 answers · asked by Brian B 1

2006-11-08 02:54:14 · 1 answers · asked by smquilty 1

Looking for recent commentary on the topic from good sources

2006-11-08 02:43:25 · 3 answers · asked by Shug 2

I have 6 acres of land going up the side of a hill. If I took it all away and leveled my land would I have less property, or does the survey measurements take into account that I live on a hill and have already calculated the survey stakes on a flat plane?

Thanks for your help.

2006-11-08 02:42:02 · 2 answers · asked by Lonnie W 1

What are the federal tax implications if parents sell their house to their children at fair
market value, taking back a life estate which ,of course, lasts until the last parent dies?
What is the tax basis of the children in the home? It obviously includes the fair market
purchase price. But how is the life estate handled? It is obvious that a purchase in fee
simple should be worth more than a home encumbered by two life estates of the parents.
So should fair market value at time of purchase be valued by taking into account the life
expectancy of the parents discounted by a reasonable interest rate?
If this is done you might have a situation where the regular fair market purchase value
might be $300,000 if there is no life remanderman . Assume the value of the
remanderman is $100,000. Therefore the adjusted fair market value would be only
$200,000. What is the tax basis for the children when the last parent dies? It obviously
includes the purchase price of $ 200,000. But what about the $100,000 (life estate)
remainderman encumbrance which disappears at death when the children acquire full
title. If the parents lived 2/3 of there joint expected remaining lives -- (say they lived
out 12 of the expected 18 years). Can one argue that the children tax basis is $200,000
plus $33,000 by using the fair market value remaining at time of death?
If the children did not buy the house but inherited it, their basis would be $300,000.
But if they bought it for $200,000 most people would say that their basis is $200,000.
However, that would ignore the value of the remanderman which obviously had a value
which had a life of its own. A life estate or remanderman means that the parents can
live in the home for the rest of their lives without paying rent.

2006-11-08 02:40:43 · 2 answers · asked by JOHN 2

If you look on their websites for a house you have to page though lists of 'sold' or 'under offer' houses when really you just want to see the ones that are available. Why do they do that?

2006-11-08 02:23:56 · 24 answers · asked by Leeky Wind 2

2006-11-08 01:54:35 · 2 answers · asked by copecoolguy 1

I am the owner of some land and property. I the GRANTOR have given my mother the GRANTEE "life estate" to this land and property with a remainder to me. It is worded as follows: (excerpt from deed)

"the GRANTOR hereby bargains, sells, grants and convey unto the GRANTEE, a Life Estate with a remainder to the Grantor"...

*** So here's my question; I thought this is called a "estate in reversion" not an "estate in remainder". Can they co-exist?

I guess it might just be the wording of the deed and the legalees of my state, but everything I reed about life estates and future interest suggest that a remainder is a future interest holder other than the person who orinionally gave someone life estate. I mean in context, I suppose even with the way my deed was worded that it is still understood as an Estate in Reversion simply because I owned it first and gave my mother life estate and it reverts back to me or as the deed suggest I just receive the remainder. Just a little confusing.

2006-11-08 01:38:43 · 2 answers · asked by Pandora 2

2006-11-08 01:18:08 · 4 answers · asked by guardEd 2

the cieling caved in in a rental appartment ,the staff says there is no money to fix the problem, there are small children in the appartment.

2006-11-08 01:07:42 · 5 answers · asked by honor_omerta 1

My husband and I have no money for a down payment or closing costs, is it absolutely impossible for us to buy a home for our family? I am so tired of renting and throwing my money out the window!! :o(

2006-11-08 01:03:46 · 10 answers · asked by inoty 2

Afteral, the landlord owns the house and the tenant is just a pleb that pays the money. Best to negotiate all arguments through the solicitor?

2006-11-08 00:55:32 · 3 answers · asked by Perseus 3

Apart form providing gas and electrical certificates and smoke alarms to ensure that all the services are in good working order - what else do I need to provide and what else do I need to be aware of. Any websites for advice? UK only please.

2006-11-08 00:55:11 · 1 answers · asked by Nelson 2

if a mortgage has got to the stage of releasing the completion form, and given a date for going through but they still have to do the credit check. how likely is it to go through???

2006-11-08 00:53:29 · 6 answers · asked by Anonymous

my Landlord, bless him, has decided to sell the house in which im currently living. Im not very happy about this. He could have waited till after xmas the unthinking money grabbing whatsit. Any way i was wondering how can i lower the average house price in my area so he doesnt get his money back on the sale. Should i convince my neighbours to open brothels? Or would throwing syringes about help? Also when people come to view the house dya think i should have a tramp party goin on? Would this put people off buying the house?

2006-11-08 00:34:10 · 8 answers · asked by Anonymous

A potential buyer will only go foward with his offer if we pay for a structural survey on our spiral stair case. What is the law regarding this matter, I thought that it was down to the buyer to pay for the survey.

2006-11-07 22:49:29 · 14 answers · asked by Anonymous