Renting & Real Estate - May 2007

when i bought the house i was told there was water in the basement only with a quick thaw after winter, well so far the basement leaks and i removed some of the wall furnishings that had been screwed to the walls and i found a large crack in the wall, i also had a guy come and look at the basement and he said it looked like they previous owners tried to hide the water problems also it would cost almost 10,000 to fix the basement, i also now have plumbing problems with both of the bathrooms i need advice and any info u can give as to what would be the best action to take

2007-05-30 08:42:00 · 3 answers · asked by Anonymous

if so how much could i get from her if i gave her 360 ? lived ther 9 years

2007-05-30 08:29:11 · 4 answers · asked by Anonymous

My fiancé and I recently bought a house in Duluth, MN. There is an unused plot of land next to us. From our St Louis County website we found out that the plot (actually two plots) is owned by the State of MN. We are interested in buying this land (a nice little 66 x 110 foot space for a garden and maybe a hammock or two) but we do not know where to go to inquire about doing so. The State of MN website is daunting and confusing, and after an hour and a half of looking around I still have no clue of what to do. Maybe I’m just not seeing it. Perhaps there is a real estate savvy Minnesotan out there that can help us.

2007-05-30 08:11:58 · 3 answers · asked by gvermooth 1

My mom passed away suddenly when I was a senior in high school. Since I'm an only child and she was a single parent I "inherited" the house, etc. Well I'm 21 now and I've spent the last few years struggleing to stay afloat and play the bills (ie. the mortgage). I resently got severed the papers saying I'm in forclosure. I desperetly need help, I've desided to sell the house and downsize to a smaller one but I want to aviod forclosure so the house doesn't get sold for way less then it's worth at an auction. Can anyone please tell me where to go to for help, I'm just in way over my head here.

2007-05-30 07:52:26 · 9 answers · asked by lizo0110 3

Planning on buying a home, but have racked up some credit card debt. I want to know if I purchase a home, can I consolidate some of my credit card debt as part of the mortgage?

2007-05-30 07:43:31 · 6 answers · asked by leclercnlakenona 1

2007-05-30 07:17:57 · 4 answers · asked by chan 1

In the state of TN I cannot find and information on what we should do if the person brakes rental contract? Also, in contract it was to be rented to a NON_smoker, yet the woman smoked inside our house. Is that grounds for loss of deposit? Basically she was signed to rent our other house until Sept. 2007. It is only May. Should she get her deposit back?

2007-05-30 07:11:15 · 10 answers · asked by Anonymous

we own a rental home,this is our first property. i have 2 seperate people that have looked at the property and are interested. i will run a credit report, however if both come back acceptable, i will have 2 prospective tenants to choose from. how should i turn one down?

2007-05-30 07:01:58 · 9 answers · asked by 723 1

If I own a rental property and I purchase home improvement supplies (drywall, insulation, flooring, lighting etc...) for that rental property, can I claim that at the end of the year in my taxes. Are there any stipulations as to how long you have to own the property and be renting it out and how much you can spend or claim - are there any caps? How much could I expect to be reimbursed at the end of the year - I heard 40% - Is that true?

2007-05-30 06:42:34 · 5 answers · asked by Honey22 2

I'm new to the investor world. I just need some do's and don'ts on 'flip house' investing.

2007-05-30 05:44:40 · 4 answers · asked by Marell609 2

State: Massachusetts.

My girlfriend and I are moving out of a four person apartment. Two other individuals are going to be subleasing our share of the property.

While we have drafted up a sublease, it won't actually be signed until the other party moves in, due to time constraints.

I was wondering what possible legal recourses we would have, should they refuse to sign the sublease? It is not technically their property until the sign the sublease, correct? If we run into problems will it be possible to remove them from the premises? And to get our security deposit and last month's rent back?

Thank you for your help,
--Paolo

2007-05-30 05:42:28 · 4 answers · asked by John Munaik 1

I am moving out of my house tomorrow. My landlord called me and told me that her husband would be over to inspect the house today. They have someone they want to move immediately in on the 1st of June. Can they legally inspect the house prior to my moving my stuff out??

2007-05-30 05:39:02 · 7 answers · asked by Anonymous

Should she be paying council tax on the flat she has been put into.? It was no fault of hers.

2007-05-30 05:13:22 · 4 answers · asked by Patsygirl 2

I want to increase affordable family housing in my town and do not have a down payment and am challenaged finiacially. I heard there r grants avaible but not sure of the details

2007-05-30 04:54:33 · 3 answers · asked by pheonix F 1

Where should I look if I want to see the different apartments that are available in my area? I've tried web sites and I don't know where else to look.

2007-05-30 04:49:38 · 7 answers · asked by Anonymous

I "heard" that if you pay your first mortgage payment early (before interest capitalizes) you can knock down the amount of total interest paid (over the life of the loan) significantly.

Is this true?

2007-05-30 04:46:33 · 6 answers · asked by Johnny C 2

2007-05-30 04:45:09 · 5 answers · asked by Anonymous

I'm a first time home buyer working with a 3+ family on a teacher's salary. How's it possible to get 3 bedrooms and affordable housing?

2007-05-30 04:41:52 · 3 answers · asked by BrittanyJDP 1

2007-05-30 04:28:01 · 2 answers · asked by joyce m 1

2007-05-30 04:27:46 · 2 answers · asked by Anonymous

Has anyone gone to Foreclosure and real estate seminars or taken the courses they offer and been able to do anything with the information given?

2007-05-30 04:26:58 · 4 answers · asked by purpleskydog 1

I now commute 30 to 45 minutes per day depending on traffic to my job. I've also signed a year contract with my employer. I have the option to renew it for the next 3 to 4 years if I wanted to. It cost me about $44 to fill up my suv for one week. I saw some bigger houses on line in the area they are asking the same as what I pay for my house. Would it be wiser for me to rent my house and buy another one or sale it and move closer to my job to save money?

2007-05-30 04:14:42 · 6 answers · asked by Susan 1

Would it be possible to still be forced to sell my house, even though i have no wish to? Monetarily, how much can the penalties reach? How long does this process usually take? Is there anyway to research good attorneys in my area (New Jersey) that could plead my case? Are there any other legal issues I should be worried about? Are there legal aid organizations that specialize in this?

2007-05-30 03:23:04 · 4 answers · asked by d.adv0cate 2

i believe that i went into the contract not fully understanding what i was getting myself into. my original lawyer had a stroke and referred us to contact one of his colleagues. this colleague, my current attorney, has not been fully available to me. initially, he intimidated me into believing that if i breached the contract i would" definitely get sued, and lose, and possibly lose my house still." therefore i agreed to push forward.

however about two days prior to one of the buyer's radon test on my house, i found out something that could turn my whole situation around. i no longer wanted to sell the house. i needed an out. i think i have one because in the adendum to the contract of sales it states that if it will cost the buyer or seller and excess of $500 to remedy a defect or condition then either party may declare the contract null and void.

do any lawyers or students or whatever out there think that i can withdraw from this contract. please any information will be helpful

2007-05-30 02:40:05 · 6 answers · asked by d.adv0cate 2

I would like to buy in a gated community but I like Unique, old fashioned styled homes. But all I have seen is homes that look totally modern and all the same, in gated communities. Are there or do you know of any companies that do this?

2007-05-30 02:29:54 · 3 answers · asked by Dee 2

Hi everybody !
I have found a job in Pasadena, CA. I know that housing there is quite expensive and I would like to buy a house no more than 25 minutes away by car from Pasadena and in a nice area. We have 2 children and would like to find a place where we can walk around safely, do shopping without needing the car all the time and ... not so expensive as Pasadena. Please, do you have any suggestions ? I would appreciate them a lot !!

Cheers,

Ron

2007-05-30 02:29:24 · 4 answers · asked by Ron Johnston 1

I'm making my mortgage payment on time and I am in the process of a short sell. I was told that I could walk away without oweing the balance. However, I want to know....would a short sell report on my credit report as a repo and a negative credit score?

2007-05-30 01:26:38 · 1 answers · asked by Cowgirl Joe 2

If so, please tell me all you know on the subject!!

2007-05-30 01:22:47 · 6 answers · asked by upstatescgirl1985 2

Does anyone have bad experience with homeowners association? Can they do anything they want? Who oversees HOA? I am having some issues with my HOA on roof replacement. They told me the color is not right but did not tell me what color is okay. They are very arrogant. Appreciate your feedback.

2007-05-30 01:18:02 · 6 answers · asked by Tamade 1

I am looking at a house to buy i talked to the agent.He said the owners would (hold a mortgage) with 25-30% down what does that mean

2007-05-30 00:43:57 · 5 answers · asked by madsatanspawn2 1