Renting & Real Estate - March 2007

For someone with an Average Income. How much house can they afford in West LA or Santa Monica? Say if they drive an average car and they are above average in wise spending. No exuberant spending IOWs.

2007-03-16 18:35:39 · 5 answers · asked by AviTech 3

As a catering manager I make over $60000/year. I want to get my real estate sales license and become a broker in 2 years. I want to continue working full-time as a catering manager until my income as a real-estate agent reaches $30000/year (part-time). After (6) months, I want to start advertising in newspapers, get my own web site and do as much marketing as an experience broker does. I am extremely good at dealing with my client and always come through for my guests. I can work long hours and love real estate. Do you guys think I am dreaming and it won’t work. Should I stay w/ catering? Do you think I will do better in real estate? I know I should get a broker to take me under his/her wings. Oh, yes…..I am 49 years old. Help! What do you think?

2007-03-16 17:26:17 · 6 answers · asked by cy k 1

We were looking to buy a house but were unable to find one before our lease at the old apartment expired. So we decided to rent another apartment in the neighborhood where we wanted to buy the house. We wanted to do a 6 month lease, hoping to find a house to buy in that time, but at the place that we liked the landlord wanted to do a one year lease only. We agreed. Now 4 month later they decided that they want to sell it and want us to sign a month/month lease. We don’t agree, we have a 4 month old baby and it would be really hard for me to keep the house neat all the time and we would have to go somewhere while the place is being shown. And if they find a buyer where are we supposed to go with a baby? (we have not been looking for a house in these 4 month because of the baby, 1 year lease, and the thought that prices are going to drop by this summer) Now they are forcing us to sign it and their agent is going to come by next week to pick up the papers.
Can they force us to do it?

2007-03-16 17:20:46 · 10 answers · asked by Natalia D 5

I want to start flipping houses but i would like to know if it would be a good idea to flip a house in washington state. i live in lakewood. and i would like to know what is best location in pierce county to flip houses> thank you

2007-03-16 17:04:44 · 4 answers · asked by junior 1

I recently married my long-time boyfriend of many years who just came back from serving two years in Iraq. We're living together in NY renting out a decent apartment. His friend, who is a Sergeant in the Army, is moving and transfering bases to Virginia. My husband and I were there and we fell in love with the state. It's cleaner, people are nicer, expenses are cheaper, schools are better, overall it's a better place. We eventually plan on having kids and we're looking out for our kids' best interest. His friend just bought an apartment in Chester, VA. It seems like a nice place but I know there has to better places. Can anyone suggest a site where I can read more. We're looking for a city with a low crime rate, happy people, good school, and cheap livings (rent, insurance, expenses). Any suggestions or ideas??

2007-03-16 17:04:02 · 7 answers · asked by Soldier'sWife 3

My child is a miner, but I want to rent out the house and move elsewhere without selling it. So I am wanting to put it into my childs name as an investment for her, and then move interstate and rent another house, is this possible?

2007-03-16 16:54:07 · 6 answers · asked by tinytazzie25 2

2007-03-16 16:50:58 · 5 answers · asked by patty120499 1

I'm new at this, I'm young and looking to get an apartment soon with a friend.

2007-03-16 16:47:36 · 12 answers · asked by :) 1

How'd that work out?

2007-03-16 16:25:46 · 3 answers · asked by Nancy O 3

can you find out who owns what property...without having to pay for the privilage...

2007-03-16 16:10:41 · 5 answers · asked by Anonymous

Placed a contract on condo with deposit of $5000 and purchased $6000 in upgrades in advance with no structural changes. Place is not even built yet - still framing the main floor and I live on the 7th. This is the first phase and they have 3 to build.

Now we have buyers remorse. Informed seller who wants us to let them know immediately because they have large waiting list and can re-sell in less than a week. Seller wants 100% of the $11k down and will not negotiate. Contract appears iron-clad, but this seems unethical - we offered to let them keep $5k deposit if they would refund us the upgrades, which is mostly labor (plaster treatments) that they have no investment in at this time.

Today, buyers at this place are paying 20k more for the same floorplan. I would understand if I was causing some damage to the seller, and the $5k seems more than fair for their admin fees of a $260k property... Should I hire a lawyer? My credit is too good for financing contingency clause

2007-03-16 16:03:35 · 7 answers · asked by smarthome123 1

2007-03-16 15:50:41 · 6 answers · asked by j. 2

I'm 66 and am looking for housing along the Gulf. I need just basics...1BR, Bath, Kit. Am retired teacher. Would like to be within walking or biking distance to the water. Am grateful for any help. Thank you.

2007-03-16 15:28:20 · 4 answers · asked by drcy6 2

2007-03-16 15:11:04 · 10 answers · asked by Joe G 1

2007-03-16 15:05:26 · 6 answers · asked by patrick c 1

now he gave his landlord lady a whole month deposit, with no lease signed or anything was just to hold. for april 1st. she took a check from us. so we contacted her today and told her we cant take the aprtment. she stated she is keeping the money, (which is govenorment money) so i put a stop payment on the check, since it was last month required by her, and she will charge the next new renter first and last . so she is making 2 last months rent off people... anyways i dont thin this is legal to keep that kind of money off people .. any one know the answer to this? was $700.00 deposit.. nothing signed as stated...

2007-03-16 15:04:26 · 8 answers · asked by flowerlegz 3

we looked at apartment for rent and land lord took full rent deposit , and we decided we shouldnt take the aprtment, she wont return the rent back? this is canada ontario, im sure they have to return it,

2007-03-16 14:57:32 · 9 answers · asked by flowerlegz 3

we were attempting to use ameridream to help us purchase our first home. well, no seller wants to use it because they have to pay that out of pocket. are there any grants or downpayment assistance programs which don't require the seller to contribute anything?

2007-03-16 14:35:27 · 4 answers · asked by nrsldy04 3

I am trying to buy a house. I gave ten thousand dollars honest money. Then I got the approved letter from the bank. Then ONE WEEK before the closing date, the bank rejected the loan. If the seller doesn't agree to extend the closing date, do I lose the honest money? Pleaseeee Helppppp!!!!!

2007-03-16 14:33:46 · 10 answers · asked by eragon1029 2

a range

2007-03-16 14:26:29 · 8 answers · asked by Peacen 3

myself and my husband are buying are first house. A girl that we are both friends with and have been living with in rented accomodation for the last couple of years will be moving in with us. She will be paying £200 a month plus bills which is about a third of the mortgage. As she is a friend is she technically a lodger? should we write up a contract for her to sign so that she is not entitled to the house or anything like that? advice please.

2007-03-16 14:23:26 · 11 answers · asked by tess 2

My wife destroyed my perfect credit within the first 2 or 3 years of marrage. I have since taken a way all financial matters from my wife and now handle the bills. I work hard and have a good job and need a nice home to raise my 4 and 6 year old boys . I own 7 acres out of town and want to put a house on it. What should i do? I do not want to exceed $ 45,000-65,000 , and/or no more than a 300 dollars a month payment.

2007-03-16 14:12:55 · 8 answers · asked by Fabion MacDavid 1

GOOD NEWS: In 2005 my 1998 honda civic was finally paid for. I had 26k in the bank. No debts. No obligations.

BAD NEWS: In 2006 I made the stupid mistake of buying a 100k condo and an acre of land for 38k for investment purposes.
I got ripped off on closing costs!(7k at closing table---that went out the window) Then 6 months later my honda civic gets stolen. The police found it torched in an empty parking lot. Total loss 6k. I had minimal insurance coverage cause it was 9 year old car. At the time I had no transportation, no car, no way to get to work except bus and i was out 6k. Then I buy a junky car for $500, to save my money. Then 6 months later the real estate market collapses. Im making "interest only payments" on my condo. Cant sell land or condo. My 26k in savings dwindles down to 10k. I still owe 26k in student loans on a worthless degree with no career in sight. I sent out over 200 resumes. Im now 160k in debt with 2 mortgages. Life sucks! What to do?

2007-03-16 14:08:03 · 13 answers · asked by usa_jcrew68 1

Is an investor looking at FSBO (for sale by owner) homes hoping to take advantage?? If I have an agency do all my paperwork for me, I will still be legally covered so the buyer can't screw me over, right?

2007-03-16 14:04:19 · 5 answers · asked by Anonymous

2007-03-16 14:02:59 · 4 answers · asked by KaN 1

When does the lender need to request IRS transcripts and/or tax return copies from the IRS when applying for an investment property/residential mortgages? Assume the borrower is self employed (no W2). Is this something the lender does under special/extraordinary circumstances?

2007-03-16 13:53:16 · 2 answers · asked by jcowens2000 1

2007-03-16 13:51:05 · 8 answers · asked by Anonymous

2007-03-16 13:42:59 · 8 answers · asked by Anonymous

Excuse my english. I speak spanish. If you are thinking in buy an appartment, a house or any property in Argentina, you must Know this. The Gouverment don´t say to anybody that. After you buy you will have to pay Them the 35% of the cost of the property, because they say, that you are arrenged it,and sending the money to your country, so when you wanted to sell your proprerty, you will have to pay to AFIP- a lot of money.
Please take care. Ask information with a lawer before do nothing.
A good friend.

2007-03-16 13:41:07 · 2 answers · asked by Anonymous

I'm curious as to why it is that today's generation of young home buyers judge buying a new home, like it were a car? They get into the year built and don't give a rat's behind who, how or with what the home was built with? Sure, modern homes will have some more modern amenities, but they are built with things like.
1. Monolithic foundations that only go sub grade 12-14 inches versus 4 fricken feet!
2. Homes built from OSB board, or fake wood, or even worse compressed cardboard.
3. Homes with premanufactured roof trusses, spaced 24" on center, so the roof is assured it will sag in five years.
4. compressed sawdust siding
5. Plastic plumbing
These homes being built look pretty, but fall apart in under ten years. A home built from top to bottom with solid wood on a 4 ft foundation will last forever. Why don't they see it this way. They always ask..."what year is it?" Just like buying a car. It's insanity. Wake up young people. Buy a well built older home and save tens of thousands!

2007-03-16 13:25:51 · 3 answers · asked by Anonymous