Renting & Real Estate - March 2007

...are our chances still good that once they do the underwriting we will still get the loan? We are nervous, trying to start a family and this is our first home for both of us.

2007-03-20 07:23:55 · 4 answers · asked by BellyRubz 3

I work full time in california but don't own a house here. I would like to buy a house out of state and claim it as my primary home. I will be going there quite often and stay there on the weekends as much as possible. Can the out of state qualify as a primary house for tax deduction purposes?

2007-03-20 07:19:17 · 3 answers · asked by gecko 542000 1

Which one of the above is more lucrative ,will provide me with more money? which one is the easiest to obtain and the quickest?

2007-03-20 07:06:15 · 7 answers · asked by Lee 1

This is kind of a "multi-question" question, but its only because I really don't know anything. What I really want to know is what do you need to have in your bank account to even think about purchasing a foreclosed property. What is the best way to locate a property; Internet, realtor, or both? Where can I find legitimate information on the whole proccess? I'm not looking to flip a home, I'm just looking for a residence that doesn't cost an arm and a leg. So if there is anybody that could point me in the right direction, I would really appreciate it. Thank you.

2007-03-20 07:04:11 · 4 answers · asked by bestamever 1

A friend of mine is in the middle of this strange situation. He had a real estate agent representing him in buying a house; offer was accepted. However, he applied the loan himself, not relying on the real estate agent's help nor her recommendation. The escrow was supposed to close this week. Now his lender informed him that his loan would not be approved because his greencard status had expired! First question: given the timeframe (the seller has already moved out, etc.), what options does he have? Second question: if the transaction falls through, will he lose the deposit? Last question: if he loses the deposit, whose fault is it: my friend's fault, the real estate agent's fault, or the lender's fault?

2007-03-20 06:55:44 · 8 answers · asked by Novice 4

My husband and I are looking into buying our first home. We have been looking into buying a foreclosure per someones advise. I am not sure how to go about doing it and I am not sure as to some of the language they use. Like we found a house that says suggested sales price is 123,000 and then it says Median price is 539,000. So are they selling the house for only 123,000. Like I said I am not sure how to go about doing this, anyone have any suggestions?

2007-03-20 06:52:57 · 2 answers · asked by momystew 1

2007-03-20 06:45:22 · 2 answers · asked by doinks 1

Home is for sale by owner and owners can move out quickly.
Contact ursaitaliano70@yahoo.com for more info.
Home is move in ready and well maintained.

2007-03-20 06:27:08 · 3 answers · asked by ursaitaliano70 7

Since a setback , recently I'm on benefits .[.sigh ]
I have also been given notice ,as the house where I'm in , will be sold soon

I have found the perfect new location ,
even cheaper then the current one
there is only one draw back :
the deposit is of 6 months in advance ! currently due to my illness nothing serious but keeps me in need of rest
, is out of the question to request as a bank loan
does anyone here knows if the rent benefits association.... contemplate such an unique circumstance ?and how to approach it ?
I really need to know soon ..Please help !!!
thank you !
Angelica

2007-03-20 06:17:37 · 7 answers · asked by angelica 3

My finace is legal here in the United States from Mexico. He has a resident alien card as well as a valid social security number. We are trying to get a martgage loan on a home, but I was told by one company that since he was not a US Citizen and that since we live in Oklahoma, we can not get a home loan because people who reside in Oklahoma who are not US Citizens (although they are perfectly legal and have a valid social security card in this country) can not own any land in this state. Does any one have any help or information that they could provide me on this situation? It would be greatly appreciated.
(additional information: He works 2 job, but I do not work at all, just a SAHM..therefore I have not established much credit (only one account), so we can not put the loan just on my name.)

2007-03-20 06:11:35 · 3 answers · asked by Beautiful Disaster 2

Is there a license you can get for the whole of caricom/CSME?

2007-03-20 06:00:12 · 1 answers · asked by Anonymous

I am 22 and living with my folks and looking into purchasing a home/townhouse. The problem is I would be going into with a 30k salary and 12k for a down payment living in West Palm Beach Florida. I want to know if i can afford to buy or would it be better to find something that is "rent to own." Also, what price range could i afford. If anyone could let me know of a good mortgage group or suggestions that would be great. I am a first time home buyer. Thank you.

2007-03-20 05:54:56 · 8 answers · asked by Jeffe 1

We recently found the perfect house everything is just what we want. The location, neighbourhood, house and price. When we had a building inspection the foundation specialist found a problem with the concreate foundation on the linked side of the house it was crumbling and it is his opinion that the damage will be serious. Should we walk away or plan to do the repair?

2007-03-20 05:54:14 · 7 answers · asked by maggiemay 2

on a house i wanted to buy in rep of ireland,but i cannot sell my house at the moment and i am having second thoughts.can i get my deposit back?i have not signed anything like contracts ect

2007-03-20 05:25:07 · 3 answers · asked by paul m 1

Where i live there are these apartments that charge you according to your income. Is there a term for this?

2007-03-20 05:19:46 · 3 answers · asked by chedderapples 4

I just recently started renting a house from a couple in Riviera Beach. Upon moving in I let them know that I was tight on cash but If thye could work with me I would like to have used my tax return for my movin and deposit. They oked everything and I gaave them $600 as a security and processing fee. Well, My tax return got lost in the mail and it has taken longer than expected to get the $ I owe them. They are threating to changed the locks if I don't give them something. Can they do this? I don't get paid till the 12th of next month ( I work in sales). Please help. I have no where to go. What are my rights.

2007-03-20 04:56:59 · 7 answers · asked by K.D. 2

Hello-



I have a town home unit up in Monticello. My renter pays me $500.00 rent on the 1st and 15th of every month.



I received a $500.00 money gram check on 1/5/07 for the 1st month’s rent in January. I unfortunately lost the $500.00 check I was given. Money order can refund a check if the purchaser has a receipt. If my renter says. “Sorry, I can’t help you with a receipt”. What can I do? Can I with hold the $500.00 from her security deposit?



What would be the difference if I purchased a $30,000 car from you and you lost my check? Does that mean you are out $30,000 for the car?





Thank you for your help!!

Scot Cybyske

2007-03-20 04:42:07 · 14 answers · asked by twinoaksproperties 1

I hired a real estate agent to sell my house. I signed the listing agreement contract, but my house is not scheduled to be listed for another 2 weeks. Can I kindly tell my real estate agent their services are not needed and do it between me and my friend.?

2007-03-20 04:19:53 · 9 answers · asked by justliving 2

2007-03-20 04:18:28 · 4 answers · asked by carolea1@prodigy.net 1

I was looking for a site before but I have been unsuccessful. Does anyone know of any website that does not require money up front to look at forclosed homes?

2007-03-20 04:13:25 · 3 answers · asked by devon 5

Guys,

My wife and I will be buying a house in the coming month and we are deciding what do with the ownership method. It's between joint tenancy (right of surv) or community propery with right of surv.

Both of which would have automatic transfership if one spouse should do die. The only difference that I could see is that tax implications. Any thing else? any advice?

thanks in advance folks!

2007-03-20 04:13:18 · 2 answers · asked by GSFKNR 1

I am being faced with an eviction. I wanted to pay the leasing company the amount of the full amount of the rent on the 15th. the office refused the payment saying that they need to collect the water sewer trash bill, and the late fee at the same time. but on the eviction notice all it says is that they are evicting me due to the fact that i am not paying the full rent. were they in the wrong for not accepting payment before legal procedings were put into motion?

2007-03-20 04:03:40 · 7 answers · asked by fraud_is_)bad_mmkay 1

I currently own a home with a huge yard. I am a full time working single female and the maintanence is overwhelming. Should I sell my home and get a town home? I unfortunately don't have the option of keeping the home and buying a town home too. Would that be a bad investment?

2007-03-20 04:00:14 · 6 answers · asked by sandibum 5

I have more than enough money to afford to pay for a house in full. However, I think I can get better returns on my money than the cost of a mortgage. What is the most aggressive mortgage I can get, knowing that I can always pay it down in the event that I need to?

2007-03-20 03:55:45 · 6 answers · asked by energystats 1

Hows the living cost in Cleveland ( rent cost)? Whats the overall feel of Cleveland. I'm planning to move there.

2007-03-20 03:49:55 · 4 answers · asked by Anonymous

what's happening with foreclosures? Aren't they suffering yet because of this & realizing that they need to start catering to those who actually have stability? And I'm not talking about 1% or no interest loans, those are scams & that's why it is the way it is right now.

2007-03-20 03:48:25 · 7 answers · asked by COblonde 3

If a property is purchased for $250,000 and sells for $300,000 how much money goes to the real estate agents (buyer's and seller's) (ball park figure) if an agent is used ?

Is it 6% of the total selling price or 6% of whatever is left after the buyer's mortagage and all taxes, closing costs, etc, etc, etc. are paid?

Is saving the 3-6% worth all the work of going FSBO?

2007-03-20 03:18:41 · 15 answers · asked by OustFantastic 2

I had an offer to purchase a piece of property in an up and coming area of Atlanta Ga (called Midtown). The unit in question is a 1-bedroom apt. about 820 sq.ft for $164K.

This price is the pre-sale price as the original owner's credit is not high enough, thus denied the financing. The going rate for similar units is around $200K (and above). I could rent it out and get up to $1200 a month on it.

Question is even though it sounds like a good investment (both short term and long term) is there something I need to watchout for?
Thanks

2007-03-20 03:02:12 · 1 answers · asked by Olu 1

Dividend, being paid shortly, its a windfall payment, what is it?

2007-03-20 02:51:39 · 1 answers · asked by mia 5

Hey, Im buying a lot from my father in law, he just bought a house with 5, and is selling me one. If he signs it over to me, and somehow he loses the property (he just fell on hardships) will the land that he turned over to me be included in the property that he lost, and will I have to give it back?

2007-03-20 02:41:05 · 7 answers · asked by Jonathan F 1