Renting & Real Estate - December 2006

I am coming to the end of the first year's rent as a landlord. I just decided to keep the tenants but I want to raise the rent. Is there a time period that the tenants have to be notified, and is there a percentage I have to go by?

My house is in Orlando, Florida.

Thank you for your help.

2006-12-27 04:08:57 · 7 answers · asked by Linda T. 2

My home was foreclosed on in Sept. My redemption is up in April. My credit is severely bruised. How can I save my home?

2006-12-27 03:55:49 · 11 answers · asked by Jennifer D 1

I purchased a foreclosure on August 29th. After we had done a final walkthrough. Once we moved in we realized that there was hail damage to the roof from August 26th, (our new neighbors told us a hail storm came through) We had the roof checked out and sure enough the roof was damaged. (Not visible from the ground or at walkthrough) We contacted the Mortgage company's insurance, they came out and assessed it and aproved a payment for repair. Now the mortgage company is refusing to pay, they are keeping the money to cover what they lost in the short sale on the foreclosure. Is this even legal?

2006-12-27 03:54:23 · 7 answers · asked by Nostalgic 2

2006-12-27 03:45:00 · 3 answers · asked by Jeff B 2

we signed a buyer's agent form when we first began looking for a home... we have been told that because we cluelessly signed the form, we are obligated to buy a house through him. How long is this buyer's agent form valid for? Of course, we are going nuts looking for our copy of the darn form and cannot find it. Thank you for your advice!

2006-12-27 03:19:48 · 7 answers · asked by kengboston 1

I am considering moving to Tennessee and wonder if any towns meet the criteria I need. I have 3 young children under age 12, one with ADHD. My husband is disabled and we are on a fixed income. I am looking for a quiet, family oriented town, with not too much traffic and open places for kids to play. It sounds hokey but the more like "Mayberry" the better, we are simple people who just want simple life.I am looking for personal knowledge of towns,i.e rents, schools, people and doctors. Also we are pet owners and want an area that is animal friendly too.As long as the town/city has a school,market,playgrounds,and a local doctor we would be happy.I am not looking to purchase a home so apartment rents would be helpful to know, and availabitiy of apartments would be great too. boy i hope i posted this with enough info..this is my first question here. All answers are appreciated the more i get to know the easier the choice will be hopefully.Thanks.

2006-12-27 03:15:22 · 2 answers · asked by kathy c 2

I’m in my early 30’s and recently purchased a cemetery plot. Rather that let it sit there and receive any use from it until I’m dead, I’ll like to partake in some summer activities this coming year. The grounds are kept so nice and the grass is so green, I’d like to sunbathe on it. I’d also like to get outdoors and use it for some stretching and yoga. I’ve told a few of my friends about these plans and they state the cemetery may not let me “hang out” there. I disagree – I bought the land and have the paper work to show anyone who may oppose my recreation. So, I guess my question – Is this acceptable? Don’t I have the right to do as I please, as the plot is mine?

2006-12-27 03:09:42 · 14 answers · asked by Billy Jack H 1

Two years ago, my brother bought his home with 10% down and PMI. He recently took out a HELOC for a $100k, which now has an open balance of $15k.

Two questions -
1. Is there anyway to get a refund on some of the pmi payments, considering his equity is way over 20%?

And

2. When cancelling PMI do the lenders/pmi companies look at the combined loan-to-value simply on the oustanding balance of the HELOC or on the amount of the total line of credit?

He has about 40% equity in his home when basing the equity on the outstanding balance on his HELOC. Conversely, when calculating the equity using the total available credit on the HELOC his equity is closer to 20%.

2006-12-27 03:05:33 · 3 answers · asked by Anonymous

2006-12-27 02:50:24 · 2 answers · asked by Janice W 1

If I already know what home I am interested in, and have been pre-qualified by a lender on my own, do I need a realtor to help me purchase a house? Will the realtor selling the house work out the legal details for me? Is there more room for negotiation if the realtor is not splitting the commission with anyone else?

2006-12-27 02:38:37 · 11 answers · asked by duritzgirl4 5

I am just curious about current property prices in northern CA. I was born in raised in the bay area and am looking to move back very soon. I am a young professional who makes a decent income on the east coast, so it will only increase with the economy of the west coast. I am just curious what the average cost of a 2 bedroom/2 bathroom home or townhouse with a small yard and parking (preferably a garage) runs in the bay area nowadays. I know the cost of living is high in SF, and although I would love to live in the city, I am not objectable to surrounding suburbs (as I used to live in the east bay and also love the area). Thanks for your input and information in advance.

2006-12-27 02:35:58 · 4 answers · asked by Angel 3

Wondering if it is legal for a home owner association to post a bulitin that we are late on our payments and we are being sued or is that suppose to be confidential

2006-12-27 01:41:12 · 6 answers · asked by buddabear38 1

2006-12-27 00:08:36 · 6 answers · asked by matt12882003 3

my agent says its something we can ask for, but doesnt sound likely.

has anyone had the seller pay most or all of the closing cost?

2006-12-26 23:18:12 · 10 answers · asked by thejokker 5

Does anyone know of any mortgage companies who will lend 4-5 times salary? We are not first time buyers but are struggling to get a bigger mortgage

2006-12-26 23:15:10 · 8 answers · asked by Sarah 3

at least 1800 a month would be nice!!

2006-12-26 20:11:12 · 5 answers · asked by autonomous1980 1

2006-12-26 19:47:09 · 6 answers · asked by thamer s 1

Not a lot of people have good credit in the U.S

2006-12-26 19:10:17 · 8 answers · asked by Anonymous

We live in an apartment we rent. We have a very bad mouse problem. It has been that way since we moved in 4 years ago. Don't say clean the apartment because we are very clean, but we tried everything to get rid of them from cleaning everywhere to exterminators to mouse poison to spring traps. I have caught 11 of them in the past 2 months with the spring traps. What do I do about withholding payment of rent untill my landlord finally does something to get rid of them. She won't act on my suggestions to get them out. Should I stop paying her. if I do can she kick us out? I need some legal advice and I can't afford a lawyer.

2006-12-26 19:08:36 · 15 answers · asked by cheekydogg1 1

My wife and I are first time home buyers and we need to know how many deductions to take so as not to over pay the federal government and put that money to work for us. We also want to be careful to not under pay as well. No children. :(

2006-12-26 17:53:35 · 2 answers · asked by William C 2

no job AND selling not an option, which property mortgage payment would be priorty--the home you live in OR your income property.

2006-12-26 17:47:29 · 4 answers · asked by Anonymous

2006-12-26 17:39:51 · 9 answers · asked by Chad 7

i'm a new agent and will be listing one of my parents house soon. But i dont want to get rich off of them. I'm just trying to help them. What percentage should i charge. they say to just charge like normal because i didn't sell their house someone else would and they would make their money. i understand my broker still has to get paid. i cant do it for free. any agents that have been in this situation. i know i'll talk to my broker, but just wanted to hear some yahoo answers......oh by the way i'm in california. and it's my first listing. i thought about charging a reosanble percentage and then giving them money back once i get paid......but i dont know.

2006-12-26 17:23:09 · 12 answers · asked by sexy-cecy 3

I am currently renting a 1BR apt month to month. I have paid in full for December, and January rent is due January 1st. However I have found another place I would like to rent and would like to move out before Jan 1st and not have to pay January rent.

Because my lease is month to month am I allowed to do this? Or do I have to give 30 days notice? Is there a usual protocol for month to month leases in this sort of situation.

2006-12-26 16:58:43 · 6 answers · asked by days_o_work 4

trying to put a price tag on day to day cost one would pay out in 1 month to run a 4 bedroom 4 person home w/pool spa ,600 sq ft of grass 2000 sq ft house in the year2006

2006-12-26 16:55:51 · 3 answers · asked by primeministertnice 1

I am in escrow on a condo. I have contingencies and can walk out of the deal. The inspector came today and found a 10 inch mold growth on the closet roof. Here are the options I've been told about - what should I do next?
1. I could pay for a destructive inspection where they would drill a small hole in the wall in question and use a camera to see how extensive the mold is. I could use this report to negotiate a fix with the seller.
2. I could get an air quality test. If the results show that the mold is unhealthy, I could bring that back to the seller and ask her to pay for remediation.
3. I could go straight to the seller and ask her to pay for the inspections and the remediation. My agent thinks that this may cause her to back out of the deal. (Of course, my agent wants the deal to go through - but is generally a great agent.)

Also, is it likely that the seller will need to pay to get this problem fixed?

2006-12-26 16:51:13 · 6 answers · asked by Laura M 2

I know there is some law that previous owners to a home have to inform new buyers if someone died in that home, what about rentals? I am in the process of applying to rent a home, I was told there was some damage to the backyard where a car went through the wall... The wall is repaired but, can I ask or find out anything else about the incident?

2006-12-26 16:14:13 · 5 answers · asked by redjade_916 2

I mean to get Ideas or even just to look for fun?

2006-12-26 16:11:39 · 5 answers · asked by Anonymous

2006-12-26 16:08:13 · 6 answers · asked by my2oreos 1

Im wanting to buy a condo in a area thats under develepment its price is 235,000 $ and its assigment of contact is 68, 000 $ .Can someone explain to me who realy would benifit from this ?

2006-12-26 16:07:16 · 1 answers · asked by Anonymous