Renting & Real Estate - November 2006

It would, yes, possibly be easier with an estate agent involved, but the place I like is just up for sale by the owner.

Any tips/things to watch out for/etc?

2006-11-28 03:41:57 · 6 answers · asked by Anonymous

We have a signed contract for an amount we adjusted to include closing cost. The appraisal was lower than asking price on contract. Our lender will not lend above the appraisal value. Is it too much to ask for seller to drop his/her price. Also keep in mind, there is a climbing wall which came with the house, and was included in contract, shortly thereafter,the seller has removed hundreds of dollars worth of the stones after contract. Is this a negotiating point too? Please help, first time buyer.

2006-11-28 03:26:28 · 9 answers · asked by Anonymous

I don't think my agent is doing enough to get my house sold. I have another person in mind who seems more willing. They work for the same broker and I already listed my house for 3 months with my current agent. Can I still change agents?

2006-11-28 03:18:36 · 6 answers · asked by Anonymous

2006-11-28 03:17:32 · 2 answers · asked by frnkmntgmry 1

The loan for the new home construction has no wording regarding the existing house and there is no contingency where we are required to sell the old house. On the old house we currently owe about what it is worth so we have no equity in that property. We don't want to the old house to fall into foreclosure but if we can't get it sold before our new house is finished we have no way of possibly carrying both mortgages. We currently have an excellant credit rating and I know a foreclosure would damage that pretty severely. My question is if the old house does fall into foreclosure can the bank or state come after our new house?

2006-11-28 03:12:51 · 10 answers · asked by Robert K 1

i need to find homes that are for sail on back taxis that i can buy i need to finde a home for my dad and step mom that just lost there home please help me find them one.thainks a lot for your help

2006-11-28 03:11:12 · 1 answers · asked by lone_wolf6925 1

how do they come up with the prorated amount on your rent when you are moving in towards the end of the month

2006-11-28 02:55:37 · 3 answers · asked by Anonymous

I don't think this is a good idea, but given thier current situation, I'm not sure. They owe more on thier house than it's worth, about $50,000 more, so selling it won't work. He mentioned just letting it go into forecloser to get out of it. It's not the greatest house. I really don't think this is wise and am trying to think of other ways to help him get out of this mess. Any thoughts? How long does it mess up your credit and do people really choose to foreclose??

2006-11-28 02:54:00 · 5 answers · asked by kalamibe 2

2006-11-28 02:46:10 · 2 answers · asked by maggierivera_2000 1

My boyfriend is losing his house. Will he still be able to get another house after his house is foreclosed on? He's only 23 years old.

2006-11-28 02:45:30 · 3 answers · asked by Anonymous

And that's without giving any prior notice. Am I right in thinking a landlord cannot raise rent much above the level of inflation, and they have to give a couple of months notice?

2006-11-28 02:44:08 · 9 answers · asked by sheepsalad 2

we are in attorney review as of today, we got the pre approval pending i paid off 2 items on my credit report to boost my score to the level needed. the home owners are now pushing for a mortgage committment sooner. I should have what needs to be done by the end of the week. ( the letters to show the items were paid need to be here before my score will adjust). once that is done i am afraid i still might not get this loan, what if i can't get it after all said and done? i will lose my deposit??? what are the odds of not getting the committment after i receive the preapproval? I never wouldve made the offer before i got this done but i was afraid of losing the house in the mean time!

2006-11-28 02:42:35 · 3 answers · asked by Anonymous

I want to refinance my mortgage to decrease my monthly payments. I have heard some people suggest interest deferred loans. How do they work? What is their downside?

2006-11-28 02:26:11 · 5 answers · asked by Christopher B 6

I have a typical mortgage - 5.375% ARM, with $1400 a month payments. I want to turn my house into a rental property, and get some income from it. How would you recommend I do that? Creative solutions welcome. The local rental market is around $800-1300 a month. I could reasonably expect to get about $1000 for my house a month.

2006-11-28 02:17:17 · 2 answers · asked by Christopher B 6

I want to refinance my house to lower my monthly payments. I have heard that tax deferred loans can help do that. How do they work? What is the downside?

2006-11-28 02:12:18 · 1 answers · asked by Christopher B 6

I am looking to covert my house into two separate flats and was wondering what the problems and restrictions there would be in doing this. I am hoping to live in one and sell the other to pay off some of the mortgage can anyone please advise?

2006-11-28 01:25:11 · 1 answers · asked by seannashy 1

2006-11-28 01:10:22 · 4 answers · asked by lesly22 1

I am currently letting my flat to tennants. They have now expressed an interest in purchasing. However, I never informed the mortgage company that I would be letting the property out (I fell into money troubles because of a lost of job.) What are the reprecussions if I was to sell to them and what would be the best way to manage this (and the mortgage company?) Thanks.

2006-11-28 00:54:05 · 10 answers · asked by Viv T 2

Lol i usually have loads of questions so i came here and my mind went blank!! Seriously tho even tho i looked this question up surely it is a valid one?? Do we own it all that way or do we just own the first ten feet or even that?? And who the hell decided who owned what anyhow :-P

2006-11-28 00:42:08 · 6 answers · asked by angel 1

I live in Michigan and own a home. I may move down to Florida for a job if I am offered it, but I am not sure how to make that possible. I have a wife and 1 year old son, and we would be able to stay with family in Florida for about 6 months,until I get my home in MI sold, so I can purchase one in florida. The problem is that the housing market is really bad in my area and I am not sue if I will be able to sell it when I'm in Florida. Any ideas? How do people do it? What if nobody will give me a good offer and I'm stuck with a job in FL and own a home in MI? I'm sure a realty company would do it, but I dont want to pay them too much of a percentage to sell it (I have only lived there for a year, and would lose alot of $ if I had to pay 6% to them).

2006-11-28 00:29:22 · 5 answers · asked by Anonymous

i have a house in my name but i'm not married yet but if i get married and have a divorce will my get a share of my house

2006-11-27 23:21:12 · 9 answers · asked by Anonymous

My question is this. Where in the USA is there affortable housing for a family with 4 teens and pets? We can move anywhere. But our credit is poor due to medical bills and other issues. So we have to go rent to own. Serious answers only plz.

2006-11-27 23:12:09 · 5 answers · asked by rainedrop61 4

I'm looking to rent a room in New York and was wondering if there is a difference between a studio apartment and a regular apartment.

Thanks

2006-11-27 20:48:15 · 4 answers · asked by Wayne 1

2006-11-27 20:18:17 · 4 answers · asked by Anonymous

2006-11-27 19:38:10 · 8 answers · asked by gDancel 1

What does this mean and is there any way around it?

2006-11-27 19:22:03 · 3 answers · asked by Photographer 6

anyone know?

2006-11-27 19:09:31 · 1 answers · asked by Anonymous

The amount is $ 78,000/- at 7.25%. Short term loan (5 year-loan but now 4 years left) because I'm 64. I want to pay off now so I can live worry free-no debt. Thanks a bunch for your advice.

2006-11-27 17:53:12 · 2 answers · asked by Wal O 1

i also want to pay the back rent does any one have a ideal of what is going to happen

2006-11-27 17:26:09 · 6 answers · asked by SHASON 1

2006-11-27 17:23:46 · 3 answers · asked by macko vinche 1