Renting & Real Estate - December 2006

My sister recently became ill and unable to make her mortgage payments. I tried to buy it from her as investment property and all was going well until the underwriter found out that we was relatives, they told me that they couldn't give me the loan, because in Texas there is a law against a brother or sister selling real estate to each other. If this is true please refer me to the source of this law, or tell me about it.

2006-12-17 05:39:29 · 15 answers · asked by sanfoj@sbcglobal.net 2

I will try to make this short, came home today saw a note on my door (second note, first one I got 3 months or so ago) complaining about my dog (first note was same in natural) saying my dog barks etc, which he doesnt trust me. The note today actually said he was barking at 9am, he was with me hiking at that time so I know someone is messing with me. Now to my ?, what are my options in terms of my lease and the building I live. I have no clue who is leaving them altough I have a guess, but if this doesnt stop can I ask the building owner to void my lease since obvioulsy this isnt how I want to live. If I left early I would pay dearly for leaving before my lease is up. Thanks for any advise. Happy Holidays!!

2006-12-17 05:28:01 · 3 answers · asked by Tim6298 2

I don't know if this means 1br convertible to 2 br, or if it means the lease is flexible.

2006-12-17 05:02:13 · 11 answers · asked by Anonymous

2006-12-17 04:54:20 · 12 answers · asked by greenfrogthing77 1

We are selling by owner, but we have our house listed in the MLS. We are paying a 3% commission to a buyer's agent. We have listed our house according to a realtor's recommendation, based on comps in the area. We have gotten over 20 people come through our house in the last 3 months (over 70 since it's been on the market--at about $20K over what it's currently listed at.) No one has made an offer yet. When I ask realtors for feedback, the only thing they say is wrong with the house is that it's too close to a highway. (Our neighbors on one side and behind us have a brick wall in the back yard that backs to the highway. We do not have it directly in our yard, but you can definitely hear the noise.) But realtors tell us they think the house is priced right. Should we drop our price again? Or should we wait it out until sping? Should we put money into the house to make it perfectly updated? (It would cost about $15K).

2006-12-17 04:47:17 · 13 answers · asked by MountainChick 3

I have a tenant who has not paid rent for 2 months and is stealing my electricity (ran an extension cord to the basement). We filed papers with the court for an eviction hearing but she will not answer the door for the process server. The police refuse to help. I can't shut off the heat or water (which I pay for) to the apartment because there is no way to separate the service. I live out of state. What can I do to get her out?

2006-12-17 04:22:49 · 2 answers · asked by Bill P 5

Where do I go to apply for an FHA Loan?

What is the criteria to get the loan?
If I can get one of their grants for the down payment, do I still need to have some of my own money for the closing costs?
What credit score do I need?

2006-12-17 04:05:53 · 6 answers · asked by Morgan 3

Im going to take over a person apartment lease, I don't have to pay a deposit and the last tenant already paid rent for december.I start to pay rent on jan,1. Problem is they want Jan rent now when i sign the lease, I offer to give them a post-dated check for Jan 1 considering the rent for dec is paid but they don't want a post-dated check or a check they only want a money order. does that make sense?

2006-12-17 03:44:26 · 6 answers · asked by pos 2

i was going to school for elementary education and decided that i'm more interested in real estate. were military and currently stationed in texas. i dont want to live here forever. so how would it work? if i became certified through my school with the state what happens when i move out of state? is my certification still good or is it pointless for me to go to school right now while im in texas for real estate?
any advice is appreciated...and merry christmas!

2006-12-17 03:35:50 · 4 answers · asked by portuguese_tease 2

For those investing in real estate properties, I wanted to get your opinion if it's a good idea to down 20% or to down as little as possible? What I'm finding is that downing 20% leaves me little room for money to invest in other properties but I enjoy a better interest rate and a lower monthly payment.

2006-12-17 03:18:43 · 6 answers · asked by visage1974 2

I have some savings in 401K and I was interested in using this money for a down payment on a condo. Is this a good idea? It's the only money I have for savings. Also, are you subject to taxes if you withdraw money for this reason?

2006-12-17 02:27:19 · 5 answers · asked by public-opinion08 2

I am interested in buying a condo, but I don't really have any money to put down? Can I apply for a mortgage with no money down? How does this process work? I am really lost in what you need to buy property.

2006-12-17 02:25:11 · 6 answers · asked by public-opinion08 2

What would be the best use of $100,000?

We are considering buying a house and paying cash- owning it outright instead of a mortgage. (House prices in my area are quite low)

This seems like a good idea because we will never have to worry about a mortgage, which is a long commitment.

We no nothing about investing, and we wonder if there is a better way to use the money- perhaps invest it so that it turns us a profit- albeit the profit we made would have to be big enough to offset the mortgage payment we would then be making.

Any advice?
thank you.

2006-12-17 01:09:27 · 6 answers · asked by female_gerbil 2

I have been speaking to my sister who lives in LA and she says that the CA real estate market is evolving into a buyer's market, which is usually an omen for the rest of the US. I see very little signs of this in pricing.

I am looking towards the central coast - any tips? Personally I would wait til the end of 2007 before buying anything. Opinions?

2006-12-16 21:14:39 · 10 answers · asked by eddievanhalen 4

i have experince of 6 years in construcion, infrastructure field. the courses should be in india preferably in mumbai. no matter if it is correspondence courses

2006-12-16 19:40:50 · 4 answers · asked by vishvas m 1

I am very interested in flipping houses, I have the experience and the help in fixing up a house. If anyone knows where to start?

2006-12-16 19:29:54 · 6 answers · asked by arcticchill_ak 1

Hi,

My husband and I bought our home 5 months ago. One thing that we really needed was r.v. parking which the agent advertised on the mls. Four days before closing, the agent suddenly tells us that the association of this subdivision, doesnt allow r.v. parking on the property at all! We went ahead and closed on the house because the seller said he would pay for 6 months of r.v. storage cost. We really didnt know what are rights were at the time so we took the money although still very upset that it was listed with r.v. parking. So our question is what rights do we have as far as either geting compensated for the storage cost for a certain period of time or can we get out of this contract of the sale of house all together even 5 months after closing?

2006-12-16 18:35:34 · 3 answers · asked by Veronica 2

2006-12-16 16:59:56 · 4 answers · asked by d. b 1

2006-12-16 16:37:58 · 6 answers · asked by Anonymous

Can you still rent an apartment if you have bad credit?
I live in CA and I would like to rent my first apartment in the near future ( within 2 years). I got my credit report from Equifax and it shows that I have Currently 'past due' 2 accounts and in the Negative Acct History it show 8 accts ( the 2 past due are included). Of the 8, two of them are not paid and the rest are "charge off" or "collections paid" All this info is correct.
Will I still be able to get 'approved'? Does any one have any personal experience in renting their first apartment.
I have a steady job, work full time and have been w/ the company for 6 years. I have paid off most of my debt, but my 'bad' credit happenend when I was in college about 8 years ago.

2006-12-16 16:05:01 · 8 answers · asked by rexy 3

I live in CA and I would like to find my first apartment in the near future ( within 2 years). I got my credit report from Equifax and it shows that I have Currently 'past due' 2 accounts and in the Negative Acct History it show 8 accts ( the 2 past due are included). Of the 8, two of them are not paid and the rest are "charge off" or "collections paid" All this info is correct.
Will I still be able to get 'approved'? Does any one have any personal experience in renting their first apartment. Thank You

2006-12-16 15:28:03 · 3 answers · asked by Kitty Cat 4

I've considered flipping, no-money down courses, or just working at a real estate office to get in the industry. Is there a "best" way?

2006-12-16 15:15:24 · 7 answers · asked by Anonymous

2006-12-16 14:56:36 · 9 answers · asked by Anonymous

Hi, I am looking to see how to get qualified or what I can do to get government renters for a guaranteed check. Thanks.

2006-12-16 14:48:38 · 3 answers · asked by Anonymous

Someone told me that I wouldnt need proof of income or credit check because I am putting 50% down. Is this accurate?

2006-12-16 14:20:51 · 4 answers · asked by Warren 1

Why would somone purchase a Town House V.S a regular House?????

2006-12-16 13:53:55 · 6 answers · asked by Anonymous

I need someone to let me know my rights about an access road

2006-12-16 13:29:37 · 4 answers · asked by jg24keilman@sbcglobal.net 2

2006-12-16 13:05:36 · 4 answers · asked by BingoBanggoBongo 1

2006-12-16 12:56:06 · 1 answers · asked by Rachel T. 2

A retail lease provides for a base rent of $50 per square foot and overage rent based on 10% of sales in excess of $500 per square foot. The tenant’s sales are projected to be $800. What is the overage rent?

A.$30 per square foot
B.$50 per square foot
C.$80 per square foot
D.$100 per square foot

2006-12-16 11:30:10 · 5 answers · asked by pretty smile 2