Renting & Real Estate - May 2007

2007-05-20 07:12:44 · 5 answers · asked by Patsun 1

We have some tenants who are under 1 year rental agreement. If they decide to leave and not renew the agreement, it's my understanding that they are not required to let us know in written or verbal form, it's simply assumed that if landlords are not notified, the rental agreement is not going to get renewed.

What if they do decide to renew? Is there any set period (say 30 days) to notify the landlord of the desire to renew the agreement? Or can they wait till the last hour of the lease and renew then? That would be a bit inflexible for the landlord to plan ahead. I found an article that states the law when it comes to month-to-month leases, but nothing about long term renewals.

If no time frame is established in the rental agreement, the agreement becomes a month-to-month agreement. A.R.S. § 33-1314(D). To terminate a month-to-month rental agreement, a landlord or a tenant must give 30 days notice in writing before the next rent payment would normally fall due. A.R.S. § 33-1375(B).

2007-05-20 07:08:38 · 3 answers · asked by petr1029 1

Other than showing houses, filling in the form fields on a standard purchase contract, then faxing it to the listing agent, what does a realtor SPECIFICALLY do for a buyer? After completing a few fields in the purchase contract, what documents if any does a realtor prepare for a buyer? It seems to me that most if not all of the real work is done by the title company and the escrow agent. Does a realtor do any other tangible work besides open key boxes for houses, prepare and submit a preformatted contract, and show up at closing to collect a check?

2007-05-20 06:52:20 · 5 answers · asked by Nancy 4

Michigan

2007-05-20 06:32:49 · 8 answers · asked by Anonymous

I am also a realtor so i would like to find a developer who is interested in having a realor handle all sale and financing for the properties they are building

2007-05-20 06:32:16 · 3 answers · asked by motivated realtor/mortgagebroker 1

I am interested in purchasing a home so that my aging parents may live with us. The home is larger than I would typically buy to accomodate both my parents and my wife's mother. How do I go about getting a mortgage that includes my income, my wife's, and our parents? Thanks for any thoughts.

2007-05-20 06:20:25 · 4 answers · asked by joegolf5150 1

If someone bids on a house and the bank likes their offer can someone else bid higher that when the bank approves the offer?

2007-05-20 06:15:40 · 4 answers · asked by Kay♥™ 5

I have heard that a person who pays the back property taxes for a parcel of property in Wisconsin becomes the new owner of the property. Is this true? I am under contract to buy a house from a seller who hasn't paid property taxes in quite a while, and the government may take the home before our close date. Does anyone know what I can do about this or who I could contact? Could I buy the home from the government or pay the back taxes for the seller? Thanks for any advice!

2007-05-20 03:19:43 · 3 answers · asked by parislaura 1

2007-05-19 16:45:57 · 15 answers · asked by kbee 2

2007-05-19 15:13:55 · 3 answers · asked by Anonymous

I hold a mortgage on a 3 unit house in Maine. My brother holds a mortgage on a 1 br condominium in Hawaii. We desire to swap these properties. I will then assume a mortgage for the 1 br condo in Hawaii and live there and my brother will assume a mortgage for the 3 unit house in Maine and live in one of the units there. The 1br condos are selling for 400,000 in Hawaii and the 3 unit house in Maine are selling for 200,000. We desire to minimize our capital gains and out of pocket expenses as we really just desire to trade the properties plain and simple.

2007-05-19 13:02:39 · 3 answers · asked by scruffy 1

2007-05-19 12:28:50 · 2 answers · asked by ahlthat1 1

I just moved to another city where it is difficult to find a rental due to our dog, or the price being too high. I could afford to rent something expensive, but I'm really looking to live below my means. Thanks!

2007-05-19 12:26:48 · 3 answers · asked by chris g 2

I am fresh out of college, just got a job & am not desperate to buy a home since I still live at my parent's house for free but want one eventually. If I submit about 1,000 low-ball offers a month on different homes that I am interested in(20%-50% less than asking), using desperate real estate agent/s, will it cause any legal or any other type of problem for me? Will it cause any problem for the agent? I am thinking eventually one seller will be desperate enough to sell it to me at a huge discount. What do you think?

2007-05-19 12:16:33 · 13 answers · asked by Anonymous

My grandmother is trying to buy a home, she is living on a fixed income and is having trouble finding a mortgage company to give her a loan for a $60,000.00 home. She has a $10,000.00 down payment and good credit and we live in the Pittsburgh, Pa area. Does anyone have any suggestions.....

2007-05-19 12:01:29 · 7 answers · asked by Anonymous

I dont have really any money for down payment, my credit rating is 780 and i make decent money, can i still get a home without a downpayment,

2007-05-19 11:41:31 · 8 answers · asked by Anonymous

2007-05-19 10:59:01 · 7 answers · asked by Anonymous

I'm a first time "renter" so I'm not much into the details of these negotiations. I've read some articles on these matters but I guess I'm still missing the essential difference between these two pay-by-week modes of having a property.

2007-05-19 10:53:11 · 8 answers · asked by Inquirer 1

Or is that all a scam. I have never met anyone who has bought one for cheap like that. I know they have a ton a scams out there......but are any legit?

2007-05-19 10:44:17 · 10 answers · asked by Lana Marie 2

I have already sold it, but they have to get a loan.I am talking about all the paperwork.

2007-05-19 10:40:46 · 8 answers · asked by sporsterhippy59 1

can l lose my home if my mortgage payments went up almost 1,300.00 more due to a shortage in my insurance and taxes being added to my loan?

2007-05-19 10:21:14 · 3 answers · asked by Cowgirl Joe 2

Flipping a house and the types of loans I should use

2007-05-19 10:02:54 · 5 answers · asked by tdvil 1

I have a truck reserved and a driver (ABF Upack), but I need a hand with a few heavy items. It shouldn't take more than 4 hours on each end. I am concerned about someone getting hurt and holding me responsible, but I don't want to pay $1400 for the help which is what the national chains are charging. Any suggestions?

2007-05-19 09:53:16 · 5 answers · asked by Home Guy 1

There are 2 entrances to my apt. The side door has a good sized yard that I'd like to keep my dogs in during the day. I've lived here for almost 2 years (lease expired 1 yr ago). I'd also like to replace the carpet.

Is this something I should ask about? Or is it a waste of time?

2007-05-19 09:25:28 · 5 answers · asked by PlasticTrees 2

how much is your income before tax? how much downpayment did you put? i just want some ideas about buying a condo.... i'm buying one in Chicago

2007-05-19 08:56:32 · 2 answers · asked by Anonymous

2007-05-19 08:30:54 · 1 answers · asked by Bluebelle 2

I am looking for a rental of a Cottage in the Gimli or the Winnipeg Beach or the Interlake Lake Winnipeg Beach Area in the first week of July.
Grand Beach or Victoria Beach or similar Manitoba Beaches would be interested as well.

2007-05-19 07:37:57 · 5 answers · asked by billys_office 5

Can someone that has bought any timeshare property explain to me just how it works and what is involved? I have a coworker that has one for sale(his protion) . says he gets onw week a yr. However he also says the "year" he owns it he rents it out for the whole yr. and gets to keep the profits---anyone ever heard of this ?

2007-05-19 07:18:50 · 6 answers · asked by nickle 5

Who should I choose for a home loan: Ditech or Quicken Loans?

2007-05-19 07:04:04 · 6 answers · asked by celticenterprisesaustin 1

2007-05-19 06:46:34 · 7 answers · asked by BigDaddy 1