Renting & Real Estate - January 2007

I been renting month-to-month for over 5 yrs but my rent just went up to $200 more. I live in Hawthorne, Ca. the apt. would sold to a new owner just recently and they have renew our carpet and flooring. Now is it legal to have rent to go up that much that fast. i was paying $702 November. it went up $50 about 2yrs ago with a previous owner. i though rent could only go up about 3percent a year. Need help. this is bothering me but not sure if i should do anything. thanks

2007-01-27 10:35:47 · 6 answers · asked by john doe 2

for 7 months I can put all my income and pay off all of them by October because my husband makes enough to pay everything else. If I move, we will probably both be making just enough to pay the bills and not pay off any credit cards. However, I really want to move and have been wanting to move for awhile now.(only 4 hrs away). What should I do?

2007-01-27 10:18:35 · 2 answers · asked by 1st-time-mommy 1

1) Is this charge enforceible by law,by the water authority,even if the property (a maisonette) is empty?

2007-01-27 10:03:11 · 4 answers · asked by Telephone678 2

I need to refinance my manf.home and am having a problem. Real estate people did not disclose to me the in and outs of owning a manf. home. Not feeling to good about this.

2007-01-27 09:42:06 · 2 answers · asked by rosie 1

my question is that I'm buying my father's house due to his personal financial situation and he will continue living there paying less than my monthly mortgage payments. can I pay him a property mangement fee and have it legally tax deductible? EXAMPLE - my monthly payment will be $865. He will be paying $700 per month (loss of $165 per month). I want to pay him a property management fee of $105 per month (losses totaling $265 per month). can this $265 be written off along with all other deductions allowed by the IRS?

2007-01-27 09:33:42 · 2 answers · asked by Anonymous

This question is for people who have had experience with different roommates. Is it rude or unusual for a new roommate to stay in their room all the time, even if the person is polite and nice when they pass you in the house or in other places? Or are some roommates like this all the time, even after sharing a your place a few months?

2007-01-27 09:29:12 · 5 answers · asked by Anonymous

We just got our new payment book for he year for our house pmnts. It says that we have an upaid escrow amt. which will be added monthly to the pmnt. We paid each pmnt so far on time with the exact amt of pmnt. What has happened?

2007-01-27 09:11:09 · 4 answers · asked by Chuck P 1

My husband, daughters, and I live in student (family) housing at Cal Baptist in Riverside CA. I just found out that at the end of the semester they are going to evict all the married couples because they want to have 4 or 5 students in these apartments so they can make more moeny off of them. Are they allowed to do this? Can you be evicted solely based on the fact that you are married? We don't have a lease though.

2007-01-27 09:06:12 · 11 answers · asked by Anonymous

2007-01-27 09:00:00 · 4 answers · asked by jfe29 1

We have recently applied for a mortgage of £100,000 which monlthly payments are £693 fixed rate for 3 years. This is based on a 100% mortgage and the fact that we both have bad credit, it does not include building and content insurnace of life cover etc? Is this a good deal anyway?
We think that it is as we have been searching for a mortgage for a few months and due to the adverse credit haven't been getting a brilliant quote the max we could get before was £85,000 for £625 a month.

2007-01-27 08:29:46 · 7 answers · asked by Trix01 1

My landlord wants to move into my apartment. He called me up and basically just told me I need to move out in 30 days. I asked if he had the official papers for me and he said, "Oh, lets just keep this friendly between us -- I don't want to get the city involved." Problem: In this CA city, an OMI (owner move-in) eviction requires 60 days notice + the payment of relocation assistance (I've already checked local laws.) I suspect (duh!) that's the REAL reason he wants to "not get the city involved." By the way, I've never missed a rent payment. Friends have told me this is a common "bluffing" tactic by a landlord to see if you are stupid enough to go for it. Whatever: when he next contacts me and asks why I haven't moved per his "30-day verbal eviction order" what should be my response? Do I have to tell him what he has to do to get me out (i.e. give him legal advice?) or should I just shrug and walk away? I don't feel like going anywhere until he fulfills his legal obligation

2007-01-27 08:12:52 · 9 answers · asked by catinthehat 2

2007-01-27 08:11:57 · 5 answers · asked by hsmstar14 2

I heard last night they shut down a realtor in my area and peops are going to jail in Ny for cash back scams, defrauding lenders ? what is this about?

2007-01-27 07:48:25 · 4 answers · asked by smoshit 2

My landlord keeps coming to my new home i rented a month ago. He doesnt speak english and his daughter speaks for him. And is always coming inside my house. He cleans our pool which is nice but he just comes too much when im with my family. I dont want to move out but i dont know what else to do.

2007-01-27 07:22:49 · 8 answers · asked by LandonSnail 2

2007-01-27 07:13:02 · 5 answers · asked by Nikki w 1

2007-01-27 07:12:44 · 6 answers · asked by rustyshankle 1

Are there any extra credits if you payfor your home completely when you purchase it

2007-01-27 07:12:03 · 1 answers · asked by Leslie Q 1

2007-01-27 06:47:31 · 2 answers · asked by Josh M 1

my friend owns a house, and is behind on her mortgage the bank
kept asking her if she wants to do a short sale and if she is selling the house? how does what should she say to them, and what is the best letter to write for the hardship letter, what are they looking to hear.

2007-01-27 06:24:36 · 5 answers · asked by jewbrod 4

I bought a house 8 years ago with a girl. We have a cohabitation agreement which states I will pay 2/3 of the mortgage and she will pay 1/3, but our bills are split 50/50. If we split up I am entitled to buy her out, but if neither can buy the other out we can sell up with 2/3 coming to me and 1/3 to her. The original value of the house was £72,500, it is now worth £175,000. I want to try to buy her out so I figure the following:

Increase in equity = @£100,000 of which she is entitled to £33,000
Current mortgage value = @57,000

That means I need to try to get a new mortgage for @£90,000 is this correct?

If it is assumed I have good credit history, no outstanding loans apart from the existing mortgage, what kind of salary ( before tax ) do I need to be earning to be able to get £90,000?

If it makes any difference, I part own another house, which is in England, but for different reasons I can't sell this house to help buy out for this house I live in

Thanks

2007-01-27 06:05:23 · 3 answers · asked by Stephen 3

I'm going to start up a company where i buy and sell houses (Fixer Upper) types. Does any body have any advice for me?
How much money should i ask for when applying for loans?
Good web site for buying investment properties of this type?
any help would be much appreciated

2007-01-27 05:51:33 · 3 answers · asked by adrian 1

How can I find the owners information on a empty property I am interested in.
I want to be able to go on the Internet and locate the owners information so that I may buy a property. Do you have any Ideas and what is the web site.

2007-01-27 05:17:03 · 4 answers · asked by Marty R 2

St Helens

2007-01-27 05:14:39 · 7 answers · asked by Anonymous

How low will they go?

I would be an owner-occupant.

It needs a lot but not a ton of work.

2007-01-27 05:09:18 · 5 answers · asked by amanda 3

We have found our dream home and it is being sold by the owner because her husband just died. We have been looking for a home with a realtor for about a year without any luck, and with much frustration. We have agreed on a purchase price with the owner and have agreed to purchase the home as-is because they just recently had a bunch of work and remodeling professionally done.
So my question is... How do we go about buying this home without a realtor? Who do I contact first? I have a lender who I have a preapproval through. This is our first time buying and the seller isn't sure what to do either. Any info would be great.
Chrissy

2007-01-27 04:58:18 · 7 answers · asked by chrissyuca 1

My other half says no, you have to just pay the cash, but I think there must be a company out there that would provide a loan or mortgage? If anyone knows please reply!

2007-01-27 04:48:01 · 7 answers · asked by JoJi 4

I want to purchase a home,but, I am curious if it is feasible in purchasing a home that the windows are boarded up and the house is surrounded by a tall fence. There is no for sale sign in the yard. I have passed by this house for one year and there is no sign of it being fixed up. Is this something I should investigate further or am I just wasting my time.? Knowledgeable answers please.

2007-01-27 04:45:32 · 2 answers · asked by peaches and cream 2

how are famliys going to pay the morgages with this new scheme that does not tack in how mach your morgage is its not right

2007-01-27 04:43:27 · 7 answers · asked by Anonymous

I'm young, I have a low income, I haven't purchased a house before, I have excellent credit, I assume I can make a start by getting in on incentives for first home buyers, but I don't know where to begin.

2007-01-27 04:40:13 · 5 answers · asked by Geoff 1

I am interested in developing in Vietnam, but worried about buying property. I know the law didn't allow it some time back, and I would like to know if it changed recently.

2007-01-27 04:09:49 · 3 answers · asked by Allan C 1