Renting & Real Estate - January 2007

I own a Large Doublewide Mobile home in South Alabama on 1 acre of land. I am in Chapter 13 currently and wish to refinance the balance of my Mortgage with the balance of my bankruptcy. Total Payout is $85,000.00 with collateral appraised at over $100,000.00. ANY IDEAS FOLKS!!! I am needing to act fast!!!!

2007-01-30 04:09:41 · 3 answers · asked by Anonymous

I've heard this many times, but don't understand it. Here's my scenario...I own a rental property worth $600,000, and am looking to sell it and purchase a different rental property for $2,400,000. Is 1031 exchange something I should be talking to my accountant about, or is it not related to my scenario?

2007-01-30 03:56:38 · 4 answers · asked by RE Investor 1

When I mean decent I mean a 4 or 5 bedroom house, with a large kitchen, and living room. A inground swimming pool outside, and with 31/2 bathroms. Witch Grantite, and marble countertops? 255,322,191 GPB converted into US Dollars it's $500,000.00 dollars. And over here in the US you can find great beautilful houses like my description. So anyone from the UK who can answer that, or anyone really that would be great. I plan on moving to London someday.

2007-01-30 03:53:07 · 5 answers · asked by Ms.J 1

How do u figure out the taxes on a residential home worth 350,000... by day,month,year how is it calculated... & if I sell the house before the TAXES Are due who needs to pay for them ? Seller or Buyer ?

2007-01-30 03:52:29 · 2 answers · asked by margarito r 1

2007-01-30 03:39:19 · 2 answers · asked by joselyn 1

Hi, our whole apartment building has been seeing roaches. We all went to the landlord with our concerns. At first he was giving each of us our own spray. Whne the problem grew way worse we all talked to him again. He had a person come in for 3 consective months and put down live bait, which is supposed to kill, them and render the males sterile. We have seen little improvement. I have boughten my own spray..entirely bleached my house, and put down bait traps every where.
The landlord has not sent the guy back to keep up. The guy doing our building could tell where they were coming from which is the apartment next to mine..the tenants before were extremely poor house keepers..
My question is do I have any legal rights with him due to this problem? Is there anyway to demand the problem be taken care of? Can I with hold payment for rent?
Where do I start with this?
We did not have this problem 6 months ago, its new. also this in NE.

2007-01-30 03:30:17 · 3 answers · asked by Anonymous

I have always heard that owning a house is better than renting, but I don't really know what to believe anymore.
My fiancé and I just signed a new lease. We are renting a brand new 3 bedroom house with a pool for less than 800 a month (from a friend of the family) I think that this is an amazing deal. I really wanted to look into buying a starter home (around 150-175K) but with the added Taxes and Insurance (we live in Florida, near the water) it would have been at least another 600-700 a month added to the principal. My friends who recently became first time homeowners are struggling each month, and I can't imagine myself wanting to be in that kind of situation, sacrificing other things, just to call myself a homeowner. Am I wrong in my thinking?

2007-01-30 03:01:50 · 4 answers · asked by Anonymous

when you higher one to help you BUY a house. I know it isn't the same everywhere, but what do you think is an average, what is reasonable.

2007-01-30 02:41:37 · 2 answers · asked by I love sushi 4

2007-01-30 02:28:42 · 2 answers · asked by J B 1

Hi

I am asking this for a friend he recently moved into a house and rents a room at £50 a week. This is in poole dorset and he has to pay for his bills on top. Does anyone know how much housing benefit he is likely to get as they have still not sorted it 6 weeks laters and he is getting worried that he will owe a load of money

2007-01-30 02:26:26 · 7 answers · asked by h 2

What kind of questions should I ask? I haven't done this on my own before =(

2007-01-30 02:15:06 · 10 answers · asked by KristenM 1

2007-01-30 02:12:31 · 9 answers · asked by holla 2

I lived with an ex in an apartment that he signed the lease on and I didn't. I gave him half of the rent and bills and he blew it and didn't pay the rent and now the landlord has named me in the judgement for the past due rent. Can he do this if I didn't rent the apartment?????

2007-01-30 02:01:28 · 10 answers · asked by jennie7173 1

2007-01-30 01:51:27 · 12 answers · asked by Eric Inri 6

My current contract expires in about 2 months and I am planning to move to another apartment, since I have always had problems to recover the deposit from previous landlords (not because they withhold anything, but because it took many calls from me and time requesting the money back, I am planning to tell my current landlord to take into account the deposit as my last month of rent, is that fine?

2007-01-30 01:35:46 · 11 answers · asked by asilvest1 1

ok here it is. my husbend and i are planning o purchasing a home soon, very soon, and wondering how good of a credit score we would need. I declared chapter 7 bankruptcy a year ago. His score is a 550 and mine is 534. So those are a little low, but we are trying to get this one house for 99,000. we have maybe 2,000 to put down. does anyone know who can help???

2007-01-30 01:22:01 · 9 answers · asked by stacydeets 2

2007-01-30 01:21:49 · 3 answers · asked by padminiramesh@yahoo.com 3

I don't understand. Up until the last year or so, Real Estate values were skyrocketing, now that it is a so called "buyers market," Why aren't prices dropping that fast? I want to purchase a home, yet the prices overall havn't dropped that much.
I live in a mid-sized community in the Midwest. Anybody got any ideas?

2007-01-30 00:55:44 · 4 answers · asked by cap3382 4

We have turned in all of the papers the bank requested and and they have contacted our employers We's had and inspection and appraisal done. What is left to do until we close on the House? The man we are buying the house from jsut bought it 8 months ago and fixed it up and sold it so they shouldn't have to do a title shearch should they since it was not that long ago?

2007-01-29 23:54:05 · 10 answers · asked by ayoung21921 1

Can anyone please explain to me exactly what a 1080 mortgage is and whether it's a good mortgage to get into or not?

Thanks for the answers.

2007-01-29 23:08:17 · 2 answers · asked by jenznrn09 1

I am looking for tips on what questions I should ask a realtor when I am looking for a home. I am also looking for tips on what questions I should ask when looking to get a home loan. I am a first time buyer. So any helpful tips will be appreciated.

2007-01-29 22:48:13 · 4 answers · asked by Anonymous

2007-01-29 21:55:13 · 1 answers · asked by leewadeyleewadey 1

I'm 15 and i really want to start buying propertys, spending at least £6,000 on them and then selling them on. At the moment i have only £2000 of funds. My parents will be willing to buy my first house at auction and i will pay them back over time. Is there anything i can do differently?

2007-01-29 19:26:19 · 8 answers · asked by Anonymous

I need an A, B, C explanation of what to do fisrt to get a good loan. From particulars, please!!!!

2007-01-29 18:27:46 · 4 answers · asked by ppsam 1

Im new to the industry and have been a L.O. for about 1 1/2 months and would like to have some advice on how i can close some loans. I've pulled aps and went on some appointments, but those appointments seem to be more of a waste of time even though it was a learning experience. It seems like the leads from title is not working so well bc i am cold calling and not drumming up much business, what would be some alternatives to better qualify a potential client?

2007-01-29 18:05:47 · 4 answers · asked by CWEBB24 1

I have been watching a home for 8 months now that i really like. It was initially listed at $339,000 and was reduced to $329,000. It has been empty since May and the reason for the sale is a divorce. It was purchased two years ago for $339,000. My first offer of $290,000 was countered with $325,000. I have 3 days to respond with my counter offer. I was thinking $301,000. Does this seem reasonable? I live in a rental property that I paid off so I really have it made but love the house. In fact so much that we would have been willing to pay $329,000.

2007-01-29 17:45:39 · 7 answers · asked by Meadowlark 2

Some give out different prices for the same land. How to find the correct price for land in bangalore?

2007-01-29 17:31:09 · 2 answers · asked by work i 1

I am doing rennovations to my home and want to sell it in the near future. What can I do to boost its appeal most?

2007-01-29 17:14:17 · 5 answers · asked by olson_m80 2

I would love to become a real estate agent. I seem to have a passion for evaluating real estate, amoung other things concerning the industry.

How much, on average, does a real estate agent make in a year. Can you be a real estate agent and have a middle to upper middle class lifestyle (while providing for your family)?

2007-01-29 16:53:31 · 19 answers · asked by Answer Girl 2007 5

People who said renting was foolish, are just that FOOLS !
I ran the numbers, and if someone were to rent for let's say $1,000 a month, and invest $500/ month into some mutual funds every month, in 20 yrs they'd be better off by far. The housing boom is over !
Renting is the way to go, you're never trapped like a house, no HIGH TAXES, INSURANCE, LAWN MOWING, LEAKY ROOFS, ELECTRIC BILLS UP THE WAZOO, ON AND ON AND ON.
People actually are dumb enough to think they make a profit on a house, but they fail to remember all the taxes, and misc. bills each month, most barely break even. I will be selling my place this year and renting, investing in the market each month with no headaches, and no frivolous bills like $400/ month just for heat.

WAKE UP FOLKS, HOUSES ARE A TRAP, A LIABILITY, NOT AN INVESTMENT. DON'T BELIEVE ME, SHOW ME ONE GUY RENTING IN FORECLOSURE!! CASE CLOSED.

p.s. the only people who made money on houses were 15 yrs ago, and that was just dumb luck.

2007-01-29 16:27:19 · 7 answers · asked by godzillasagoodman 2