Renting & Real Estate - February 2007

i have a joint mortgage and have'nt lived at the house for about a year and have'nt paid any of the mortgage because i was supposed to be bought out of my half, but the other person is stringing me along and deliberatly taking their time. they have also said that they are changing the mortgage scheme to just interest only when it is currently on a repayment scheme, can they do this or is there anything they can do so that i lose everything

2007-02-08 08:13:08 · 5 answers · asked by Anonymous

2007-02-08 08:12:36 · 4 answers · asked by Angy C 1

how long before it hits MLS with all the pitcures and all? How long before and open house?

2007-02-08 08:10:44 · 7 answers · asked by swimmyfishy 4

I'm only 13 years old.

2007-02-08 08:04:13 · 3 answers · asked by Dominick L 1

I am a realtor and Deming is becoming the new "Hot Spot" to move and retire in. I would like to know how to get the word out to the rest of the states besides New Mexico that doesn't cost an arm and a leg.

2007-02-08 08:01:53 · 6 answers · asked by isellhousesinnm 2

seeking apartment for seniors located in Astoria Oregon!

2007-02-08 08:00:36 · 1 answers · asked by shosha 1

Ok, I know these prices aren't nearly as bad as other places in the US, but this is not in a city, this is way out in a small town on an island (Whidbey) with not much as far as jobs.
I make 40K/year and decent houses start around $220K
I'd have to choose either to eat or to pay mortgage... This really sucks!

2007-02-08 07:29:46 · 10 answers · asked by Anonymous

2007-02-08 07:17:49 · 6 answers · asked by CYN 1

2007-02-08 07:15:03 · 12 answers · asked by Reggie G 1

My husband owns a property/condo with his ex-wife. She has been out of the property for 3 months. She didn't pay the mortgage, it is behind a couple of months. Right after she moved out she filed bankruptcy. We can't rent the property out to anyone. The condo association doesn't allow rentals.

Obviously, we don't want to live in the condo. What would happen if we allow the condo to go into foreclosure? The condo is valued at 110k and there is 86k owed on the mortgage.

My credit is clean and we don't have any joint debts. We make a combined 140k annually. He can't file bankruptcy because we will still have to pay back the debts he owes.

Our goal is to just get out of the place.

2007-02-08 07:04:18 · 5 answers · asked by Vernita B 3

I own a bottom unit. The above is leaking from rains and its bad enough that my tenants note soft sheetrock on the ceiling and leaking when raining. The above unit has been vacant for months and the bank that owns it is a private bank with no public REO division to speak to. This creates great liability all the way around. Tenants have a small child. Mold only takes 72 hrs from what I hear. The HOA is a joke. I live too far away to be involved. How do I contact the bank (i've tried online inquiry on their site & calling). This is a west coast property owned by Bank of New York and the foreclosed loan was only for 105K...so like they care! I'm on the Management company like a massive squeeky wheel...Ideally I'd like to throw the bank a bone to take this problem off their hand and deal with the unit repairs myself and flip the top unit......the management co. maybe thinking the same thing and moving slower than is acceptable to accomodate me and my tenants.... Any Ideas?

2007-02-08 07:04:13 · 2 answers · asked by Anonymous

The townhome we lease was recently bought by another person.. We have six months left on our lease. He did not read the dates correctly and thought we would be leaving at the end of this month.. We don't want to move. Does he have to buy us out of our lease?

2007-02-08 06:57:45 · 5 answers · asked by dancer 2

2007-02-08 06:56:47 · 4 answers · asked by jay s 4

I have heard rumors that a 4 year degree from a college will be required to receive a real estate license after Oct. 2007. Is this true?

2007-02-08 06:46:26 · 6 answers · asked by explicted1 1

Story in short: old woman that lived alone in a house behind my parent's (where I grew up) passed away...her niece who lives in TX has been cleaning out the house and fixing it up little by little. I love and want this house. It is in a neighborhood I know and love, would be great for my "step daughter"...how do I approach this w/ the TX lady? Problem is...I have only about $300 saved up, this is sudden so I wasn't prepared. With our income we can afford a mortgage. I've been told to rent to own, or buy, or take a 5 year mortgage for 5 years where the payments just go towards the interest on the mortgage..etc...what is that? how do I do it? I need advice...this is my dream opportunity and I don't want to screw it up. The TX lady is coming back in April to continue working on the house...but I'd like to contact her before then.

2007-02-08 06:43:18 · 10 answers · asked by Swaygirl27 4

I am looking at an older condo. It was built in 1965. How can I find out about the structural integrety of a building?

2007-02-08 06:23:57 · 3 answers · asked by VSB 1

I am considering moving to Goleta, CA with my family. Can anyone give me information about the area, schools( I currently home school) job market, neighboring communities, housing, and such? Thanks

2007-02-08 06:19:42 · 4 answers · asked by coletheeseart 1

I have used Ebay to sell collectibles and Yard sales to get rid of usable items from my accumulation. Does anyone know of any other avenues to take to clear out 20 year of accululation?
We are talking mostly good usable item. Any ideas?

2007-02-08 06:14:36 · 11 answers · asked by Nevada Pokerqueen 6

ive rented my property out as this, but washer and cooker comes as standard, i was asked to provide a fridge/freezer..is this normal?

2007-02-08 06:09:17 · 12 answers · asked by helz bellz 2

I am interested in doing tenant screening in TX and wanted to find some resources on the laws and requirements - specifically, is there a database to check rental history and what are the laws related to signed release forms?

2007-02-08 06:05:11 · 4 answers · asked by Tenant Screener 1

"Operating EXpenses: in the event Lessor's operating expense for the building / project of which leased premises are a part shall, in any calendar year during the term of this lease, exceed the sum of $3.15 per square foot, lesses agrees to pay as additional rent Lesse's pro rata share of such excess operating expenses. Lessor may invoice Lesse monthly for Lesse's pro rata share of the estimated operating expenses for each calendar year, which amount shall be adjusted each year based upon anticipated operating expenses."

My base operating expense indicated on my lease contract is
$ 3.15 per square foot, but now the lessor states the past year's base operating expense was actually $5.67 a difference of $2.52 and I must pay the difference. the contract was extended in July of 2005. Can some one please clarify, does this refer to adjusting the rent or the base operating expense?

2007-02-08 05:57:43 · 1 answers · asked by rickv8356 5

In the state of New York, if a person purchases a piece of property that alreay includes an active septic system on it, who becomes responsible for any repair that might later be needed on the septic system if it is purchased using a quit claim deed?
I am aware, or at least I believe, that when you purchase a home "the normal way with a realtor/bank/lawyer/title insurance etc." equiped with a septic system, in some areas there has to be an inspection on the septic system (by the seller) and then I believe that money from the sale is usually held in escrow for a certain period of time in case any repairs are neccessary. But is this the case when a property is purchased using a quit claim deed? Thanks!

2007-02-08 05:56:35 · 3 answers · asked by Mary R 5

I've co-owned a house with my mother for years and now I'm looking to buy a home with my husband. My mother can afford the house on her own easily. How do I get off the mortgage so that Imy husband and I will be able to qualify for more credit?

2007-02-08 05:50:09 · 5 answers · asked by lyndzmaire 1

I am currently interviewing brokers/agent to sell my townhown in California. He wants a 6 month listing agmt. I asked him under what conditions would he cancel the agreement. He said he would cancel but I would have to pay him approx. $7,000 for expenses he's incurred. He hasn't sold anything in last 6 mos. and has been in r.e. business for 3 yrs. What do you think?

2007-02-08 05:48:36 · 4 answers · asked by bernadette 3

My friend had a knock on the door when I was visiting her,.It was the bank. She was told since she was about five months behind she had been evicted. Her husband got laid off from his job and they got behind on their payment. My friend is a stay at home mom.She told me that the bank never sent anything in the mail or hasnt called them about letting them know that if they wouldnt pay then they would be evicted. What should my friend do ? should she contact a lawyer? She lives in west virginia. The bank said if she came up with the money in five days then she can stop the eviction. How long after the eviction notice does my friend have before she has to move out.

2007-02-08 05:48:28 · 5 answers · asked by megansmom06 2

Does anyone know of any types of loans or lenders who will consider applicants who are currently enrolled in a debt management plan (DMP) or Credit Counseling Program (CCCS)? I have been making monthly payments on my DMP for almost a year, but have several more years to go. I would really like to buy a house. I would be a first time home buyer. Does anyone know whether this is possible?

2007-02-08 05:42:58 · 9 answers · asked by ashleyvictoria19 1

So I moved into an apartmnet 5 years ago while in college. At the time my roomate and I signed a one year lease. When that was finished Roomate 1 left and Roomate 2 moved in, we then signed another 1 year lease. After that second year Roomate 2 moved out, I got married, and my wife moved in. We never actually signed a new lease...

The landlord is obviously really hands-off and as long as we mail her a rent check she's happy. Is it our fault or her's that we don't have a lease and can anything bad happen to us as a result? Or is she the one potentially in trouble?

2007-02-08 05:39:32 · 5 answers · asked by Anonymous

OK, forget the part about "lessons learned" from co-buying a house with a BF/GF without a contingency plan. Once one party decides that it's not working out, and they want OUT of this relationship as well as the mortgage, what can they do? Especially if the other person is NOT interested in making the split, period. If the people are NOT married, have never represented themselves as such, what can be done to initiate this process? How can the one who wants out, get out without losing his shirt?

2007-02-08 05:36:05 · 6 answers · asked by Anonymous

I live in an apartment in a house. My landlords who own the house live in the main part of the house (I've been living there since 2002 and we've always gotten along just great).

Is it their responsibility to fix the refrigerator? The refrigerator was there when I rented the apartment - and I'm assuming it's theirs & wasn't left by the prior tenant.

Is it their responsibility or mine to fix or replace it?

I would have to dig out the lease - but I'm pretty sure that the lease doesn't mention anything about it.

They have always fixed structural problems (i.e. plumbing or electrical) no questions asked - but I realize that a refrigerator is not a structural part of the apartment - nonetheless, they do own it - which is why I'm thinking they should be responsible.

I've always been on good terms with my landlords and I want to keep it that way - so I don't want to approach them about it unless I'm 100% sure that this is their responsibility.

Thanks!

2007-02-08 05:33:15 · 22 answers · asked by captain2man 3

I recieved a eviction notice on the 7th and it said I had to leave by the 10th. It turns out it was the apartment managers fault that they didn't recieve my rent check. I resolved the problem but I am still curious about the legal length of time the complex is supposed to give you.

2007-02-08 05:30:15 · 7 answers · asked by Anonymous