Renting & Real Estate - February 2007

I recently refinanced my home in Dec of 2006. We are currently in a crunch with our bills, and I was thinking of selling it. I don't want to spend to much out of the pocket money. What should I do? PLEASE HELP!!!

2007-02-16 00:39:18 · 6 answers · asked by tngu83 1

In a new development, how can I find out which homes and lots are already sold and for how much?

I found the county's government tax assessment site and it lists sale price up to December 2006 (2007 not updated yet). Is it safe to assume that the sales price listed on the gov's site was the real sale price?

How can I find out the current info on which ones are still available and how much similar ones were sold for in 2007???

Will an agent be able to look up this information?

Thanks

2007-02-16 00:35:42 · 3 answers · asked by Anonymous

2007-02-16 00:12:11 · 4 answers · asked by isisjenn 2

I am unable to raise the heat in my apartment up to or past 70. Everytime I do the fuse on the heater either blows or is drained. Certain laws requires landlord to provide adequate heating. But on the coldest days of the winter, I can not raise the temp, past 70. Is there some way I can force my landlord to modify the heater so that a fuse is not required.
I'm furious about this because, I have 2 yr old child in the apt. He doesn't know better so he kicks off the blanket when he sleeps at night. The fuse on my heater has cut off on me in the middle of the night, bringing the temp below 50 degrees. (with temp being 17 degrees outside).
This fuse thing is redicoulous on a heater I have replaced it already over 5 times. A little advice would be greatly appreciated.

2007-02-15 23:44:44 · 2 answers · asked by ishnkim 1

I passed by a new construction site so I decided to stop in and check out the model home (without a buyers agent). Not thinking, I filled out the contact information sheet that the agent asked.

Can this potentially work against me since I didn't have my agent with me at the time? The agent didn't ask if I had a buyers agent. I provided my current address, email and phone info. Did I just mess up the chances of them paying for my agent's commission?

Thanks

2007-02-15 23:36:57 · 6 answers · asked by Anonymous

The pipes burst in one of the apartments in the building and they had to shut all the water off. My question is if I stay in a hotel untill the problem is fixed, can I deduct my expences from the rent? Mind you that I did stay one day and night in my apartment with no warter. The landlord has not contacted me and will not answer my calls, so I have no idea if or when they will get arround to fixing the problem. Its the middle of winter and I have no water, no one should have to live in these conditions right.

2007-02-15 22:52:27 · 2 answers · asked by mschrissy 2

2007-02-15 22:50:43 · 7 answers · asked by jmkofoed 1

I am thinking of moving my repayment mortgage to an interest only mortgage as the repayments are crucifying us at the moment. Heres the score, I know the pros and cons of an interest mortgage, but we are intending to sell up and move to Cyprus in 14 years time when my boyfriend is able to take early retirement. Does anyone have experience of a similar situation i.e. have you gone for an interest only mortgage when your long term plans are to sell up and move abroad? Any serious advices please?

2007-02-15 22:34:11 · 4 answers · asked by Anonymous

I live in Maryland, but I'm also open to Southern PA.

2007-02-15 22:31:45 · 2 answers · asked by celestialbutch 3

My brother and I share a mortgage on a 3 bed terraced house. I now live there on my own as he is on a work placement and has no plans to live in the house in the future. he currently pays 1/4 of the mortgage and i pay everything else including council tax, bills etc. He says its my responsibility to get a lodger to help with the bills but I want to live on my own. How much mortgage should he pay bearing in mind he has %50 share in the property.

2007-02-15 22:20:09 · 12 answers · asked by vini44 1

Has anyone had experience of challenging council tax liability at a valuation tribunal. I am aware of the time limits applicable to this. I wonder what the tribunal look for when deciding if a particular person is liable. Evidence of the tenants occupation of the property has been provided to the council in the form of electricity bill, telephone bills, tenancy agreement etc. They have all been rejected by the council as irrelevant. A neighbour of the property has told the council agent who has visited the house on several occassions in the last seven years that the house was empty. I, as the landlord know differently, when I visited the house the tenant was there,not very often but he was there during the time period mentioned. Rent payments were few and far between and I could not afford the legal fees to evict him. The council have now decided that I am liable for eight years worth of council tax.

2007-02-15 21:40:40 · 2 answers · asked by Anonymous

OK my fiance and I bought a little ranch house about 4 years ago. W now want to buy some land near my parents in Pa and put a brand new modular home on it!!! The problem is all these companies keep telling us they cant finance mobile homes, but i've researched it and and ther is a difference between Mobile and modular!!! in fact my sister and her husband bought a beautifull cape modular home about 10 years ago and it is considered a house, Her home even went WAY up in value. im getting very dicouraged!!!! What is the problem???? These modular homes are beautiful it seems stupid to stick build when these new modulars are available. what should i do? Am I getting screwed over by these finance companies or what?

2007-02-15 21:18:30 · 3 answers · asked by JG1285 1

How to calculate the monthly P&I for a homeloan using the values of loan amount,rate and term values? What equations are used for the calculation?This is for US mortgage loans.

2007-02-15 20:49:24 · 3 answers · asked by dileep_a18 1

I rent a house and recently during the wonderful downpours of rain , the water came running in around the beams above the fireplace. My lap top was soaked. It will not work. I have spoken to the Real Estate agent and am not happy with the response that my landlord evidentaly has Landlord Insurance but says Bad Luck. If I had left my Laptop outside in the rain , the damage would be my fault. But how does a leaking roof become my fault? Landlord says water ran in under the flashing around the chimney. Surely this is the landlords responsibility. What is Insurance for? Can anyone out there help me resolve this matter? What steps can I take to resolve this matter? Any help would be greatly appreciated. Thankyou.

2007-02-15 19:58:25 · 5 answers · asked by Anonymous

with my partner and I will be doing that in my new name. He already has a mortgage and a good credit rating. Do all mortgage providers write to employers to confirm income? If they do my employer will write back saying that they have no record of me as I am not known by that name within that company. I work for a large company so there would be obvious problems in informing them of the situation. Are there any financial Advisors out there who know any loopholes. Any answers would be appreciated

2007-02-15 19:11:04 · 5 answers · asked by Anonymous

2007-02-15 18:04:44 · 6 answers · asked by Anonymous

It just seems weird that everything else would cost the same but housing is way more.

2007-02-15 17:28:45 · 6 answers · asked by Anonymous

Don't mean to sound nosy, but I am amazed at how much housing cost these days. My first real place without tons of room mates...just me and hubby was 295 dollars a month in Panama City, FL. We rented the place in 1985 and it was a one bedroom place. The amount we pay now for housing could have almost rented that place for a whole year....crraaazzzzyyy!

2007-02-15 16:43:09 · 10 answers · asked by snarf 5

My husband and I found a once in a lifetime opportunity to buy a house near our city. I need to ask my father to cosign, how do I break it down? How do I tell him that I need it? I appreciate any advice.

2007-02-15 16:31:06 · 3 answers · asked by lilirodal81 2

My boyfriend and i make about 50,000/year together. Im 22 hes 26, i have good credit and his is poor but getting better. I dont know where to start, im tired of renting and feel like im throwing my money away! I think that if i go to a bank they will tell me im to young, dont make enough money or our combine credit isnt good enough and i dont want to pay alot. Ive heard about first time home buyers and programs like that, has anyone had a good experience with any brokers or programs?

2007-02-15 16:18:21 · 8 answers · asked by nicole l 2

2007-02-15 16:11:25 · 1 answers · asked by Cinnamon 6

After being in my first house loan for about five of the first 30years in a fixed high interest home loans i heard tonight for the first time that if you pay half of your loan payment every 2 weeks that the loan would be payed off in 15 years. is that true?

2007-02-15 16:02:06 · 5 answers · asked by markmaxson@sbcglobal.net 1

Why is it that when a mortgage related question is asked here Real Estate agents have some of the worst answers? Yet when Real Estate questions are asked here Mortgage people usually have the best answer?

2007-02-15 15:30:18 · 7 answers · asked by Yuliya P 7

My builder sent me an invoice for a 2006 & 2007 property assessemnt statement. While it is about $100.00 and I will pay it, does anyone know what it is for or what this money goes towards? Thanks

2007-02-15 15:26:34 · 1 answers · asked by jjoe5 1

If you had to choose between 30-year fixed at 7% and 30-year interest only at 6.5%, would you go for the interest-only mortgage solely for the tax deduction?

By the way, I have *no* idea if there even is such a thing as 30-year IO. I know of 10-year IO on 30-year period, but not an entire 30 years of just interest only.

2007-02-15 15:15:55 · 6 answers · asked by SaveANickelDIY 1

I have poor credit and I want to buy a home. I'm trying to look into foreclosures or repos but there are not a lot of websites that I can go to. What would be the first steps to owning my own home. I don't have any money saved up or anything. I want to lease to buy or rent to buy but there are no websites for that. What steps should I do to get my home. I have been renting for the last 5 years and I want my own home. What should I do? I live in Arkansas...!!

2007-02-15 15:13:38 · 6 answers · asked by Anonymous

we did a loan with Washington Mutual and now after six months they said the payment change because the escrow and processor dont send them enough money, they can change the payment even is 2/28 fix rate, and do you know a good attorney in real state in California?

2007-02-15 15:02:20 · 5 answers · asked by mariagarzasea 2

If you purchase a home with 1 year prepayment penalty, do you count 1 year from the time of closing date or from the time when you make the first payment?

2007-02-15 14:50:28 · 2 answers · asked by eni89 2

Before you jump to conclusions, I'm not asking about the same house.

Instead, I'm asking about two seperate houses.

1) Rental home: $750/month : 2 bedroom, 1 bath, 1 car garage

2) Sis-in-law's home (they are going to sell in soon and asked us first): potentially $650/month (loan): 3 bedroom 1.5 bath, needs a LOT of repairs (her cats have peed over everything)

While my husband and I are leaning towards #2, especially since my mother is HUGE into flipping and is considering helping us flip this house over the course of a few years. HOWEVER we/I wanted some other opinions.

For #2, we would have to get an $80,000 loan and we have about $15000 in student loan debt (no credit cards, no car payments, etc) and make about $3000/month.

We also have a baby coming in August, so all we could do in the new home would be to put down new flooring.

2007-02-15 13:56:15 · 6 answers · asked by FaZizzle 7

I wanted to refinance my 2nd mortgage and lender said there would be no cost to me ex. appraisal. The appraisal came in low and the loan didnt go through. Not only did the appraisal come in low but there was a 50,000 - 90,000 difference between my last appraisals within last couple of years. Now the lender says I owe 475.00 for appraisal. I have never paid that much and think the fee is high anyway. What are my options I signed nothing and never was told I had to pay and also the cost of appraisal but have been doing business with this lender for over 5 years.

2007-02-15 13:40:40 · 8 answers · asked by PIZE98 2