Renting & Real Estate - February 2007

I have a situtation here my gf's father has offer to invest 50% in a house for his daughter. His Daughter and I would be responsible for the other half in mortage. But heres the catch the father want's half of my so-called rent. So when we sold he would get fifty percent for the equity and he would also make another profit by getting fifty percent of my so-called rent. Please help!!! I don't think this is a good idea for either my gf or myself, and that it would start riff between myself and her family. What do you guys and gals think. thanks

2007-02-19 08:29:25 · 8 answers · asked by designb1276 1

My husband has really good credit. He has a 780. Mine is not good. I made some mistakes when I was younger. Everything is paid for now but my credit is still suffering from it. We are getting ready to purchase our first home and I was curious as to what percentage interst rate we can get. The difference of interest rates is a big factor as to how much 'house' we can afford.
Thanks for any help.

2007-02-19 08:05:25 · 8 answers · asked by Charity R 1

2007-02-19 07:55:21 · 3 answers · asked by Kubricksmind 2

NO SMART REMARKS PLEASE! I NEED SERIOUS RESPONSES!

need to rent a house in Putnam County, Indiana ( in the North Putnam school district). need at least 3 bedrooms, 2 baths, and has to allow pets. preferably in a rural area. have to move in about 3 months, need something desparately! can't pay over 600/mo.

2007-02-19 07:46:29 · 2 answers · asked by Anonymous

2007-02-19 07:36:52 · 6 answers · asked by Anonymous

I am in the first steps of foreclosure. Has anyone in Ohio gone thru this? My credit is already shot and we WANT to lose the home, due to having an adjustable rate mortgage, we can no longer afford it.
My worry and concern is the deficiency judgment balance I will owe after the sale.
How do they go about recovering that balance?? Can they garnish my wages? Take my cars? Is it criminal with possible jail time? Or will it just go on my credit report and thats it?? Please help if you know. Thanks so much

2007-02-19 07:27:33 · 2 answers · asked by Ang 2

there's this company that advertise in craiglist for lease to own program. I just want to know if anyone have heard or deal with this company.

2007-02-19 07:25:43 · 1 answers · asked by Naryanisan 1

2007-02-19 06:46:33 · 4 answers · asked by socaljaypee 1

It's pertaining to real estate.

I'm writing my own offer with no buyer agent, and I'm trying to make sure I understand it all.

2007-02-19 06:18:39 · 6 answers · asked by JoeIQ 4

2007-02-19 06:18:05 · 2 answers · asked by Anonymous

My father wants to transfer the deed to his house to my 2 sisters and me.Is this a good idea?Should I see an Elder care lawer or Real estate lawer?

2007-02-19 06:16:15 · 4 answers · asked by Holly 1

I am looking for a house that is in a nice neighborhood and doesn't need a whole lot of work but I don't have a whoile lot of money. OR what is the best way to buy a nice house for cheap? Any help would be much appreciated.

2007-02-19 06:04:32 · 7 answers · asked by copter_180 2

Hi I,m from Canada I want buy in Orando I have money left to me but I want a mortage lenders out there

2007-02-19 06:03:46 · 3 answers · asked by pattibcacl 6

house is over 100 years old

2007-02-19 05:59:49 · 1 answers · asked by Anonymous

2007-02-19 05:56:53 · 1 answers · asked by Anonymous

sociology project about minimum wage.

2007-02-19 05:55:57 · 2 answers · asked by Anonymous

My husband and I are 1st time how buyers and we have found a condo in the area we want to be in for a great price. My concern is that the building, that houses 7 units, is self managed. We live in Chicago were the ousing market has cooled a little and I just do not want to make a bad purchase our 1st time out. Help!!

2007-02-19 05:52:30 · 4 answers · asked by Akeya S 1

Apperently an apartment complex has only 2 or 3 bedroom apartments on their property, and are only allowing families (ie married, married with kids, or with kids) into their apartment complex. And, since I'm not married or have any kids, they won't even let me apply. Is this discrimination under the Fair Housing Act? Or is it just hoopla?

2007-02-19 05:42:16 · 9 answers · asked by Blazzzy 2

My mom's considering transferring her property to me. I'm 23, married 1.5 years, with sub-prime credit (nothing bad on my report, I just haven't had credit very long). My husband has non-existent credit.

There are two fully paid off properties, total value of about $800k-1m. My parents live in one, and rent the duplex to my two sisters.

Are there different ways to do this? Sale vs gift, etc? What taxes would have to be paid?

Would it affect our credit scores?

I'm sure it'll affect financial assistance for us, but work pays my husband's college tuition anyway.

I would imagine that it'll prevent future first-time buyer incentives for us. Is that a big deal? What are other affects on our potential future home purchase?

I don't want to discourage my parents from doing it, because they haven't written a will (I'm trying to get them to) and this will prevent some in-fighting if my husband and I split the assets when they're gone. I just want to get the facts first and do it right.

2007-02-19 05:17:32 · 6 answers · asked by calliope320 4

My fiance thinks no, and that the fee is paid by the seller. It seems to me that the seller would tack on the fee to the selling price so ultimately it is still the buyer that pays it in the end. This seems to be a trick of words to say the seller pays since they are using the buyers money. Am I correct that the seller does tack on the 2-5% commission to their asking price, or is there any reason why they would or could not do that?

2007-02-19 05:15:44 · 13 answers · asked by B-bob 1

In the U.S., primarily Georgia, how long does it take to become a liscensed real estate agent / realtor?

And how much does it cost?

2007-02-19 04:51:28 · 2 answers · asked by cirestan 6

2007-02-19 04:48:15 · 1 answers · asked by Island Girl Friday 2

I want to see if my rental credit is good and to see if I have any judements against my credit.

2007-02-19 04:32:17 · 5 answers · asked by s_castro_9905 2

A church decided to help them and somehow put together enough money to buy the family a house. They gave the house to the family as a gift. The family lived in the house for a few weeks and then sold it for it's market value, around 90 thousand I think. Were they wrong to do this?

2007-02-19 03:58:22 · 3 answers · asked by sal 2

that your neighbor was selling for only a few dollars, apparently not aware of it's true value, would you tell your neighbor, or would you just quietly buy it and cash in on the item yourself?

2007-02-19 03:46:06 · 22 answers · asked by sal 2

For example, how do you find out who the owner is? How much cant you expect to pay... for example, is there a certain percentage rate or discount for them? And are there any special taxes to consider? Do you need to go through the local council?

2007-02-19 03:38:18 · 4 answers · asked by just me 4

I am a 25 year old college student, single parent of a 5 year old, and legal gaurdian for two cousins, ages 12, 13. I am searching for a house to rent with my section 8 vouchers in the clermont county area. I am looking to move ASAP.

2007-02-19 03:28:22 · 4 answers · asked by askmeangie 1

I'm an experienced agent in central NC. If anyone's interested in buying or selling a home, please let me know.

2007-02-19 03:27:19 · 3 answers · asked by samiam246 3

I want to buy a house for around $100k to $120K and put 20% down. Is this a good thing or bad thing for a first time home buyer? Also I want to use a big down payment so my monthly payments are low. But is this the wrong way to look at buying a houes?

2007-02-19 03:13:39 · 11 answers · asked by Mo 1

2007-02-19 03:08:23 · 13 answers · asked by Cathy 1