Renting & Real Estate - January 2007

I have a commercial property that is now in default and faceing foreclosure. I made a payment arrangement with the lenders, made the initial downpayment of $9,000, but can't seem to come up with the monthly prepayment arrangement of $4,000 for six months.

is it a good Idea to offer the property to the lender with a deed in leiu of foreclosure ?? and will this be better on my credit rateing ??

overwhelmed with stress.

2007-01-04 00:52:05 · 2 answers · asked by moham 1

they could save allot of money by leaving them off,100,000 plus stores at about 75 dollars a lock ??

2007-01-04 00:42:52 · 6 answers · asked by Larry B 1

What is the minimum expenses in order to live a descent life in Singapore take in consideration the expenses for house rental, food, clothes, water/electric bill, communication expenses, etc.. Thanks!

2007-01-04 00:23:58 · 4 answers · asked by aa 1

Out landlord is being taken to court (end of Jan) for not paying his mortgage (God knows what he's been doing with my £800 a month!)

If he loses in Court and his property gets reposessed. What rights do I have? My lease is up at the end of Feb. Do I have to move out immediately? If not, to whom do I pay my rent? What's the deal with my deposit? Should I kiss that baby goodbye?

I await your legal advice!!!

2007-01-03 22:22:37 · 4 answers · asked by James M 2

I own a condo and am renting it out in Portland, Oregon through a property management company. I signed an agreement stating that "the mgnmt co. is to maintain the property in good repair in accordance with the management plan, local codes and any other applicable laws of this state or its subdivisions. This includes, but is not limited to, cleaning, painting, decorating, plumbing, carpentry, grounds care, and such other maintenance and repair as may be necessary subject to limitations imposed by owner in writing in advance. Expenses associated with maintenance and repair shall be paid out of owner's operating client trust account." "agent shall make or cause to be made ordinary and reasonable repairs, without the prior written approval of trhe owner, in an amount not to exceed $500.00, except emergency..." The mgnt co. spends so much of my money/ mo on misc. expenses and this last time was $300 for blinds and unspecified misc. repairs. I feel I have no rights and all my money is

2007-01-03 18:21:15 · 3 answers · asked by need help 1

I need one close to Cal State University because my sisster gose there and it has to be close or atleast too far. Oh and one for a good price nothing over one 15 hundred.
Thank you for your answers they are much apresheated.
<333
p.s sorry about my grammer and spelling I know it sucks.

2007-01-03 17:51:50 · 8 answers · asked by Meechelle 2

Am I entitled to a Home Owners Exemption which will lower my property taxes, If so do many home owners know about this?

2007-01-03 17:39:32 · 1 answers · asked by printvela 3

im moving to Vancouver hopefully sometime in july/aug 2007 because im going to UBC in september 07...my parents have this bank account in which they saved money since i was little for me to use to go to university with...so i need to find an apartment that will let me rent without an income because i wont have a job, i'll just be going to school and my parents will mail me my rent, is this going to be a problem?

2007-01-03 17:31:49 · 7 answers · asked by Anonymous

hi,

i am asking this for a good friend. he need some advise thanks


i am bit confused. need some advise.

i guess mine credit score is good, around 690 , mine highest credit card limit is us20,000 for citibank. i have cash 40k in bank. have a job.no debt, no bad report .

i have seen a house, selling price is around 250k. and i am thinking to buy that house and then rent it out to cover the monthly payment then try to sell it after 3-4 years .do u think this plan will work?

will i earn money after 3-4 years? i heard some said now is the time to invest on property but i also heard some ppl said now is bubble, house price will drop and the rate will double....

thanks for any advise.


mike

2007-01-03 17:31:06 · 4 answers · asked by nechong 1

After months of not selling our property, we decided to rent it. As soon as we did, we told our realtor that we would no longer need his services. Mysteriously, an offer for full asking popped up that day, but the buyer wanted to do it 100% financing. We were repeatedly assured by the realtor that the buyer's loan was approved and was good.

The problem was, we had signed a lease to rent the place out. Our renters demanded $4K for us to break it, which is the norm in California. So we paid them.

As it now turns out, our buyer's loan is not good. He has bad credit and has outstanding child support that is preventing him from closing a loan and closing the place. We feel our realtor withheld this information from us - and that because of this we are $22K out of pocket - $4K for cancellation and $18K in lost income from the one year lease.

I know it was our decision to accept the offer, but do we have any legal recourse against our realtor?

2007-01-03 16:23:21 · 19 answers · asked by Pimpdaddy Frank 1

Does having to pay a mortgage which costs the same as your rent (not simultaneously) change your lifestyle?

2007-01-03 16:04:52 · 9 answers · asked by Mike L 2

needs to be outside of fort worth tx,preferrably weatherford,boyd,azle or mineral wells areas.

2007-01-03 15:47:39 · 4 answers · asked by gsparks61 1

2007-01-03 15:37:39 · 5 answers · asked by Ted D 1

My landlord didn't want me in this apartment in the beginning because I'd be the only female living with 3 guys. I know he didn't want me in this apartment for safety issue's but, did he have to give me a year lease! I don't think it's fair that I have this year lease. I signed it, not knowing my roommates all had 9 month lease. I'm a student, and I'm not going to be living here for the summer, which puts me in a financial situation. Should I bring this up to my landlord? What do I do? :S

2007-01-03 15:15:28 · 7 answers · asked by Anonymous

2007-01-03 15:14:34 · 4 answers · asked by Anonymous

2007-01-03 15:10:10 · 10 answers · asked by Anonymous

I own a single family home with no mortgage that needs over $175,000 worth of work to re-store it to livable condition. I want to tear most of it down and zone it for a multi family.

2007-01-03 15:09:46 · 2 answers · asked by It's Me 1

My father remarried and lives in a home with his wife and her 2 children. As his only son I am currently living with roomates. My father wants to put the house in my name; it is currently in his name only.

My fathers wife is foreign and she will be legal after my father and her meet with immigration this coming June (marking 2 years for her in this country I believe).

How can my father transfer ownership of the home to me? He wants it so that she has no claim to the home at all should something happen to him. Since she isn't even a citizen yet, would she need to sign something? I am planning on taking out a loan to pay off my father who is giving me a cheap price on the home and moving out before June.

Any and all advice on this matter would be greatly appreciated; I know VERY little about real estate and do not want to pay for a home only to have someone take it from me. What type of deed should I get? Is a quit claim enough?

2007-01-03 15:07:40 · 4 answers · asked by Justin 1

My tenants at one point requested if they could the living room carpet, which I verbally gave them permission. They moved out on the 31st of December. When I came into the house, I found they have removed all the carpet in the house. This included 2 bedrooms, the L-shape hallway, the stairs leading to the upstairs, and the stair leading to the basement. I think it would be fair for them to at the very least pay for 1/2 of the installation fee for re-carpeting these areas. I would not charge them for the actual carpet, since it was old (but would have lasted at least another 3 years.) Is this fair?

2007-01-03 14:40:25 · 8 answers · asked by kim 1

2007-01-03 14:20:09 · 5 answers · asked by Adam M 1

2007-01-03 14:12:10 · 9 answers · asked by The Cleaner 2

we lost our home and need to get an apartment can we still get ine

2007-01-03 14:04:24 · 6 answers · asked by Tayo a 1

I was wondering how everything went.I am a little scared we my not get it,we have put down $1000 earnest money.I know it says between dec 8th and jan 5th this doesnt mean you have to close by these dates?

2007-01-03 13:22:54 · 2 answers · asked by Samantha 1

2007-01-03 13:18:44 · 8 answers · asked by liz_moore2000 1

looking to buy a home in and around Seattle, WA. Well things around here are not cheap. I have about $420,000 to spend. I want a good neighborhood and a nice home with about 2,000 sqft with a 6,000 sqft yard. New homes would be great. Does anyone know where to move within a 20 mile radius of Seattle?

2007-01-03 13:10:50 · 2 answers · asked by Anonymous

2007-01-03 12:57:01 · 8 answers · asked by Chusquina 3

I will be starting my new job in two weeks and before that I have been on unemployment for a month (with unemployment benefits). I want to get an apartment right after starting my new job. The apartment I am intrested in is income sensitive. Can I get an apartment? Any body that works for an apatment please respond. Thanks

2007-01-03 12:56:17 · 1 answers · asked by Steph 2

I live in Nebraska and am a very frustrated potential first time buyer and was wondering if there are places that will help us with this sort of thing, we dont want to settle on a house that needs work and we dont want to rent or live beyond our means. Any advice?

2007-01-03 12:37:46 · 2 answers · asked by ♥♫♥ Crystal ♥♫♥ 4

2007-01-03 12:36:11 · 5 answers · asked by jeanetta_1983 1

I am inquiring about an ancillary adminsitration of an existing overseas probate and I do have the translated and certifid copies of all the foreign probate papers.

2007-01-03 12:27:39 · 1 answers · asked by mari_global 2