Renting & Real Estate - November 2006

I'm looking at a 55,000 loan on a small house in Texas. The place is in great shape, will I be able to get a loan on this because of its low price? I bank with Wells Fargo?

Regards,

Chris

2006-11-01 17:09:41 · 5 answers · asked by Anonymous

Does anybody familiar with the website www.seizedrealstate.com? Suppose to be for foreclosures home promising 50% to 70% off the retail price. Is it possible or just a scam??

2006-11-01 16:53:17 · 3 answers · asked by mmcpo29 2

I know this is a tough question. I'm about to buy a condo in a couple months in Los Angeles county in CA (first time buyer!). I'm going to apply for a loan next week because the interest rate is low now, probably due to the November election

It seems there are 2 different opinions though. One says I have to wait until the housing prices go down, probably within a year, while another says housing prices will not drop, so I have to buy a home now.

Recently I've seen some listed homes don't sell for months. Would this situation cause the prices drop in a few months? Or, as some experts say, the drop in housing prices would not occur? I want to hear some advice from someone who knows the market.

2006-11-01 16:48:53 · 3 answers · asked by calpolyMIS 2

The other night I posted a question about selling a home on our own. My husband and I are trying it right now. But if we don't have any luck we're going to go with a real estate agent after the holidays.

I want to go with Foxtons. Not only for the lower commission, I really like the way they present homes on their website, compared to other companies.

But here's my problem ... my husband's nephew just go his real estate license. He doesn't work for Foxtons and he wants to sell our house when the time comes.

I don't want to use him though because I don't want him to know our personal and financial business.

So that's my question ... what information is the agent able to access about the sellers?

Thanks in advance -

2006-11-01 16:32:42 · 6 answers · asked by tgfann 3

2006-11-01 16:11:25 · 3 answers · asked by Driz69 2

The property in 1994 bought by H before marrige was transferred by him to his new wife in1998. At that time the value was 250,000 and now is worth $350.000. Can W claim an interest in the original base of ($165 mil) In other words, Can W only claim an interest in the difference between current value ($350 mill) and ($165 mil)?

The transaction occured in Illinois both residing in Illinois and property in Illinois

2006-11-01 16:08:15 · 1 answers · asked by saint 1

I dont know if any are familiar with Robert Kyosaki but he has some great books. I read a couple of them and its changed my way of thinking. The things he says make so much sense. I guess I wanted to know if any one had any good advice.

2006-11-01 15:52:28 · 4 answers · asked by Rogelio C 1

I own an apartment building in a nice neighborhood. I wanted to re-finance the building. The appraiser, who was hired by the lender, and lives 2 hours away went into the bad neighborhood two miles away from my property, and used those as comps. Not too much has been sold in my hood for a couple years. he came in about half the value. Can I sue him? Who do I sue. This is 100s of thousands $$$ of loss. He is comparing my property, to those in crack neighborhoods. WHAT CAN I DO??

2006-11-01 15:26:05 · 5 answers · asked by jamie_brahan 2

I need new ways besides telemarketing to generate business...help!!

2006-11-01 15:02:16 · 3 answers · asked by carlsbadomar 1

2006-11-01 15:01:31 · 6 answers · asked by cantrell_debbie 1

only a simple agreement for a room

2006-11-01 14:20:30 · 3 answers · asked by mary j 2

My father-in-law bid on a house last week. On Monday, he was told by his buyer agent over the phone that his bid was accepted. Then on Wedensday, his agent called him again and told him that the seller decided to go with a higher bid instead. What, if any, recourse does he have? When he was told of the acceptance of his bid, he sold his house. Now he only has a short time to find another house to buy if he can't get this one.

2006-11-01 14:13:08 · 9 answers · asked by frederickcardenas 1

Is there such thing as a property locator in real estate? if there is, is it true that u can start it pricless N no need of license i think? now doing appraisals do u make good money?

2006-11-01 13:30:03 · 1 answers · asked by Anonymous

I want to rent a duplex/townhouse something w/a yard anyone know where to look. I sold my house due to foreclosure and don't have good credit, i work 2 jobs and am trying to clean up my credit. Are there any grants, etc. anything to give me a boost.

2006-11-01 13:13:35 · 3 answers · asked by Anonymous

Is it the overall "Lot Size" or the building square footage.

Thanks in advance......

2006-11-01 12:53:32 · 4 answers · asked by Anonymous

2006-11-01 12:08:28 · 3 answers · asked by golfserv2001 4

well i moved to a house on october of 2005 with a contract and a $1,500 of security. well the problem began when hurricane katrina came the house did not have any damage. but the landlord came and started to brake the roof tiles and saw broken things the house had aready from the last person that lived there before i moved in. they called the insurance company and told them that katrina had done all that damage. untill now Nov 1, 2006 she has not fixed the problem. but i think she wants to keep my security i left when i moved in. to fix what she made and the last person that used the house. we tell them about the problem but they act crazy.

2006-11-01 12:06:07 · 3 answers · asked by ISRAEL R 2

I have been advised by my attorney to forget it because litigation is too expensive. In researching this topic I find I am able to issue a Lis Pendens (Lien) against the property owner who refuses to return my deposit.
I would like to do the paper-work myself and submit it to the court. The court does not have these forms and believe me I have searched Free Legal Forms on the internet for 2 days with no success.
I am aware of the fees involved but would really appreciate a legally minded person to steer me in the right direction.
I reside on Long Island in New York and have contemplated the fact of loosing the case, but since they are keeping my $10,000 deposit money, why not take the chance.
Thanks for reading.

2006-11-01 12:03:16 · 7 answers · asked by BELLE3 2

I work hard to get my clients the best mortgage loans that best fit their needs. I've been having trouble however promiting myself to other real estate agents or home buyers in general. Any ideas on how I can expand my busness yet continue to work my hardest to get the right loans for my clients?

2006-11-01 11:48:17 · 7 answers · asked by Robert S 1

i have so address of home i would like to see online but don't know who the realtors are .

2006-11-01 11:46:58 · 2 answers · asked by eeyore002003 1

i have so address of home i would like to see online but don't know who the realtors are .

2006-11-01 11:45:28 · 3 answers · asked by eeyore002003 1

2006-11-01 11:25:41 · 1 answers · asked by Anonymous

It seems to me that there are more options for purchasing a house, condo, whatever for people with suck butt credit, but trying to rent an apartment with suck butt credit, well, sucks butt.

2006-11-01 11:10:52 · 9 answers · asked by Inquiringmind 3

house is about to go into foreclosure, i thought mortgage companys try to avoid this?

2006-11-01 11:05:41 · 11 answers · asked by Walter D 2

I want to buy a house for cheap perhaps a forclosed home, but when i look online it always says that they will give me a list if I join them and pay some sort of fee. Im sure there is a way to obtain it for free I just dont know how.

2006-11-01 10:49:27 · 2 answers · asked by Joseph M 1

Would I debit rent expense and credit prepaid rent.

Also how would I make this adjustment. Rent expire during April is $1,600.

All for the same problem. I need journalize and make adjustment.

2006-11-01 10:44:02 · 1 answers · asked by Ly H 1

Ok I know I've asked this in many different ways but people here are misunderstanding me so I'm going to ask this one last time and make things so very clear that you can't misunderstand what I'm asking.

My mom and dad own a townhome. They have a mortgage with a bank. I am not on the mortgage nor am I on the deed.

I want to do a refinance with JUST my name on the mortgage and remove my mom and dad off the deed at the same time.

I know I will need to have them with me when I'm doing all this and their consent of course. I'm not trying to scam my parents and this is all being done because they cannot afford to pay the mortgage anymore and I obvoiusly want the tax break if I'm paying for it anyway.

Can I refinance the house and remove them off the deed add myself on the deed while I go to closing at the same time? Yes I know they will have to be there with me to do this.

And lastly, if I rent this house to a family for 1 year, and then sell the house. Will I owe taxes?

2006-11-01 10:27:59 · 6 answers · asked by pc 1

2006-11-01 10:25:50 · 4 answers · asked by Anonymous

I do not get to control the heat - but yet i pay for it.

2006-11-01 10:23:17 · 2 answers · asked by littleweze990 1

Would it be good to rent a place for six months to a year to show good payment history? Or should I stay living with my mother to ensure I have the least amount of bills as possible to pay and I can make sure they will be on time even if I have a financial emergency? On the one hand, I think good renting history will be taking an active step to improve my credit, on the other staying at my moms rent free would keep me safe against something bad potentially happening. I have a VA loan, so the down payment isnt a big worry for me, but I want the best interest rate I can get. Now is the time to buy, they say, so I might as well take advantage of that VA loan while the gettings good, right? So over the next year, what should I do?

2006-11-01 09:43:43 · 6 answers · asked by kittiesandsparklelythings 4