Renting & Real Estate - May 2007

There is a house where the owners have never lived there and we have been trying to track them down. In checking with Maryland land records, we have a deed, a deed of trust and an appointment of substitute trustee recorded. Rumor has it that the house is in foreclosure. Does the appointment of substitute trustee indicate that foreclosure is imminent? Would the substitute trustee be the new contact person?

2007-05-10 02:42:06 · 2 answers · asked by carinyosa99 3

This city small with stable economy in Midwest. I will be in this city for atleast 3 years or more. Since city is small appreciation is 3% max and study and intereste is 6%. If I buy house and sale it after 3 years. Will it be profitable or is it profitable to keep renting

2007-05-10 02:38:03 · 7 answers · asked by UA 2

We have been in the house for 3 yrs already but the house was actually bought by my father(I didn't have credit built up at the time) so we are making all the mortgage/tax payments to him. We are wondering if we should get a mortgage for whatever we have left to pay on the house so we can build up equity in the next year before selling? What do you think you would do? The loan we would take out would be around 20,000 more than the house is worth so we can make some improvements to the house and pay off some of my husbands OLD debt so we would make one payment to our local bank. What are your thoughts and do you have any advice?
Thanks!! :)

2007-05-10 02:30:11 · 4 answers · asked by soonerfan0808 2

Daughter rented a house for 3 months, but needed to leave early as they had bought a house. The agent found a tenant, he wanted the house early so my daughter agreed (they were glad to get some money back). The night before they cleaned, inventoried and posted the key as asked by the agent. The following day they were told the tenant was no longer going to move in, but the Agent would try to find another one. Agent told them although they would still have to pay the rent, it was best if they left the property empty, especially as the Bank Holiday was coming up. My daughter had no word from the Agent, and so drove round to the rental to see if it had been Let. There was nobody in the property, although the sign said Let, and when she rang the agent they weren't even open over the Bank Holiday.
Can anyone tell me if she has a case against the agent? I think the Agent's problem is with the new tenant, as she had already told my daughter to clean the house and return the key.Help!

2007-05-10 02:11:21 · 7 answers · asked by Ranatalot 1

Would we still have to pay our realiter a commsion. We have a contract through her until october. Someone else wants to buy it and will do all the paperwork and pay closing costs.

2007-05-10 01:55:06 · 5 answers · asked by brenie27 3

2007-05-09 21:02:53 · 3 answers · asked by James A 1

2007-05-09 16:10:53 · 5 answers · asked by Anonymous

I've heard numerous different things from many "accredited sources" but I am looking for a definite answer, this is regarding the middle score or FICO.

2007-05-09 15:51:34 · 5 answers · asked by adam g 1

n. What is a good websight that i can find condos or apartments. I live in illionis. I also will be bringing my 55 ib dog.

2007-05-09 15:17:29 · 11 answers · asked by owned by a siberian husky 4

Hi, I am looking at buying a home. 3 years ago I lost my job and went bankrupt and had a foreclosure. How long do I have to wait before I can get a conventional home loan? My credit score is 684 if that helps.

2007-05-09 15:14:15 · 4 answers · asked by MthrNatures_Son 4

2007-05-09 14:45:54 · 11 answers · asked by Denise K 1

I signed a contract to purchase a condo a few weeks ago. Closing is set for May 23rd.
Due to some personal events in my life, I would like to get out of the contract if possible. I have no legal basis for wanting to get out, simply personal reasons. My question is, after signing the contract, can I get out of it? If so, how soon before closing can I do that? Will I need help from an attorney?

2007-05-09 13:05:51 · 11 answers · asked by libra 1 1

my wife and I are trying to break our apartment lease so we can move out of state we are also expecting our first child is there any way to get out of it

2007-05-09 12:54:24 · 4 answers · asked by kevinjosephdvorak 1

A friend is getting married and looking for advice.

2007-05-09 11:08:24 · 1 answers · asked by Anonymous

What would make your ad more visible to the community of people who are looking our for rental units?

2007-05-09 10:55:04 · 2 answers · asked by VJ 1

Are they ashamed to rent? Why can't they wait until they are financially stable and ready before they purchase? Why do so many refuse to leave when they are evicted?

2007-05-09 10:33:19 · 6 answers · asked by LAgirl 3

I have a standard lease with 6 months left on it. I have two children and I am terrified. I won't let them play outside and I can't sleep at night because I am on constant alert.
My landlord will not let me out of the lease without penalty of paying rent until the place is rerented or the lease is up - whichever comes first. The landlord knows too, it is going to be hard to find a new renter. He did say he would give me a good reference but I have no way to pay any penalty.
Could this situation fall under lack of "peaceful enjoyment"? All ideas will be appreciated.

2007-05-09 10:26:10 · 8 answers · asked by Anonymous

My grandfather owns a 3 unit property, he fell on mortgage payments when my grandmother's health worsened. She passed this March. While he understands he owes several thousand dollars on the mortage his bank will not work with him. There is over $50,000 in equity on the property even after all the medical expenses. However the bank says its a closed deal and refuse to wrok with him. Here is the situation. He is moving in with his son downstairs so he can rent out the other 2 units, also, he is thinking of a "gift" of equity to his son and his wife to hopefully sell/transfer ownership to them, refinance the mortgage for 30 years, he doesnt care if he walks away with no money, he just does not want to lose his property. I dont understand how a bank can refuse to work with him like this, he has options. There is equity on the property it was appraised. I am looking for some help, answers, resources to help him. Does anyone know of any solutions that could help?

2007-05-09 10:23:36 · 9 answers · asked by marthafocused2 2

i heard you can buy an apartment building for no money or close to no money down. is this true if so how?

2007-05-09 10:12:05 · 6 answers · asked by matt c 2

Im an great loan officer . But lately my boss hired new people which means less leads for me.I havent complaning but he email me this which is far off from whats really going on . I get here at 7 am and get less leads .
His Email "I know you have been going through a tough time the past couple of months, but it's time for you to get yourself going!! You are going through "sales depression". You start feeling sorry for yourself, making excuses, etc. Everyone goes
through it at some point, but you have to be able to wake yourself up and get out of it!! You are capable of MUCH more than you are doing right now! This business is not easy - we know that. It takes a special kind of person to be able to come in here everyday and get themselves FOCUSED on what needs to be done on a daily basis. Are you able to do that??? That's what you have to ask yourself right now. Can you step it up or will you be stepping out? We want you here - but only YOU can control what happens from her"

2007-05-09 09:53:05 · 5 answers · asked by DABABY 1

I have no lease, agents are giving 24-48 hours notice, they want to show the apartment 9 am - 7 pm. I work odd hours. Can i refuse to have them show the place? Can i refuse them entry even if they did give me notice?

2007-05-09 09:20:08 · 8 answers · asked by Tennant in PA - no lease 1

2007-05-09 08:57:32 · 10 answers · asked by electricwhitewinds 1

2007-05-09 08:48:40 · 6 answers · asked by SoNiA 2

ive heard something about if you buy a house your landlord has to let you break your lease.. can anyone confirm that? im in PA..i close on june 4th and never thought about my lease..

2007-05-09 08:48:03 · 9 answers · asked by infam0usdaze 1

2007-05-09 08:47:25 · 10 answers · asked by don d 1

Our school district has some excess money that must be spent on capital investments (rather than operating funds).
What are the rules surrounding selecting tenants based upon age, or family status?
My idea is that the district could buy or develop apartments with the money, which they could then rent exclusively to families with school aged children.
I know that some communities only sell houses to elderly residents (over 55). Does this same concept apply here, or are there rules governing discrimination against tenants that would prohibit this.

2007-05-09 08:46:34 · 2 answers · asked by pmugri 1

We have a rental home in Illinois and our tenant of 2 months had left to go see his father on the east coast for 3 - 4 days. That has been nearly 3 weeks ago. He will not return our calls to the only number we have available so we can find out what his intentions are. Our dilema is we don't know what to do with his personal belongings (clothing, small appliances etc.) that he left behind. The house was partially furnished when he moved in so he didn't have to furnish many big items. We want to be as fair as we can and not violate any laws. His rent is now overdue as well. And to complicate things even more the rental house he was staying in is being bought out under eminent domain by the State and now they are ready to negotiate. He was aware of this signing the lease which is why we have him on a month to month tenancy. I appreciate any information you can offer.

2007-05-09 07:36:49 · 6 answers · asked by kimmer 3

Our condo assoc. wants to us to have a lease between the owner of condo and the tenant. But we have hired a prop. management company to run our property for us, as we are out of the country. Shouldn't the lease agreement be between the prop. management co. and the tenant, or with the owners and tenant? Please help!

2007-05-09 07:02:19 · 1 answers · asked by sammy 1

i want to accept rent assistance in wisconsin. but before i do, how deep into my personal information will the housing authority go? i mean will they be checking into who holds my mortgage note, credit history, if i own multiple properties, etc.?

2007-05-09 06:55:36 · 1 answers · asked by greatdame53209 1

and loan account there . I have the ability to use my G.I. loan when I being looking around for a lender..Advise please.

2007-05-09 05:50:39 · 1 answers · asked by K(old man) 2