Renting & Real Estate - June 2007

My mother in law needs to move into an assissted living apt. The mortgage is more than the value. Credit is not an issue. What do we do?

2007-06-24 15:53:07 · 5 answers · asked by Cheryl w 1

IS THE ROI IMUCH HIGHER FOR APTS VS SINGLE FAMILY?

HOW MUCH DOWN DO YOU REALLY NEED FOR A MILLION DOLLAR APT BUILDING 10 OR 20%?

IS THERE SUCH A THING AS EQUITY CASH OUT AT CLOSING?
FOR EXAMPLE IN TAMPA THERE IS A
3.2 MILLON DOLLAR PROPERTY FOR SALE 2.2 MILLION PUT DOWN 220,000 PLUS FINANCE ALL CLOSING COSTS THEN AFTER OR AT CLOSING YOU GET A CHECK FOR 1,000,000? THEN YOU OWE THE WHOLE 3.2 MILLION BUT A BIRD IN HAND TOO! POSSIBLE?

2007-06-24 15:45:08 · 4 answers · asked by Anonymous

2007-06-24 15:31:00 · 7 answers · asked by Anonymous

My father in law owns a house that he wants to give to my husband and I when he retires. The house is already paid off. Can we do a quick claim on the house? How would it work?

2007-06-24 15:26:31 · 3 answers · asked by itsonlyme 2

2007-06-24 15:26:29 · 2 answers · asked by Anonymous

if buyer's offer is rejected, the buyer backs out and buyer asks for his/her deposit check back?

Do you have a exact link that has a definition or do you have exact source? Because this real estate broker is trying to pospone giving back my deposit check for whatever reason eventhough I keep calling her(she keeps saying she's busy). It's been 3 days since I backed out over the phone & asked to have my check back in person. I told her I can meet her anywhere any time.

2007-06-24 15:24:03 · 4 answers · asked by Anonymous

can that member sue the HOA for libel and probably win? Or, since the person hasn't paid their dues, is libel even an issue for the HOA?

2007-06-24 15:19:14 · 8 answers · asked by rsxtn@sbcglobal.net 2

We have signed contract to purchase a home from an individual; They are having trouble closing on their new home and are still living in the home we have signed to purchase. If we pay the sum total in full, can they back out of the sale or refuse to take the payment? Can we pay in full and tell them to get OUT? Last I knew a signed contract upheld its own and pretty much sealed the deal; is their any legal loopholes to give them an opt out?

2007-06-24 15:04:01 · 9 answers · asked by Justme 3

I have been looking at a lot of questions about people trying to sell their properties, but have not been able to get them sold. It seems that most Realtors are getting blamed for the downfall of the market. I would like to know what the public thinks and what is the basis of the blames. Are todays Realtors really that incompetent?

2007-06-24 14:38:40 · 14 answers · asked by uatafoya 2

So lately I have been looking into house flipping, sounds like usually you pick a house that needs some cosmetic repairs fix it up and sell it to make a profit. What are some good tips to do, and what are somethings I should make sure dont happen?

2007-06-24 14:25:25 · 6 answers · asked by princesskamby 2

looking for an assumable mortage either a va or fha

2007-06-24 13:53:54 · 2 answers · asked by jacj t 1

If I were to go out and get a car from a buy here finance here place, will my credit be affected if I were to stop paying them? People have been telling me that it doesn't affect your credit if you stop. j/w.

2007-06-24 13:02:51 · 3 answers · asked by ohsswim04 2

2007-06-24 12:53:33 · 2 answers · asked by J B 1

My client is 60 days past due on their account with me on one of there properties that I do work for. This property happens to be my biggest account with the most expenses. They owe me over 40K. According to the people who work there we are not getting paid becacause someone failed to turn in the invoices to the lein holder (aka the bank) who cuts the checks for vendors as well and now we are not getting paid for another 30 days. What I would like to do is speak directly to the bank who is the lein holder and and make sure that these people are not just pulling the wool over my eyes. However, of course, my clients do not wish to release that info to me. I also think that if I advise the bank that I will be contacting my attorney to place a lein on the property for non-payment they may be more apt to go ahead and issue the payment. I tried the appraisal district sites but all the info is from 2006 they sold out this year to the company that I work for. I am desperate at this point.

2007-06-24 12:51:29 · 5 answers · asked by MFPVR 1

Do not know what the landlord is doing. Already tried to evict us because he wanted to sell the house. We won the unlawful detainer case. Said he'd never talk to us anymore. Now its 6 days before lease is up and havent heard from him. What are the legal issues that go along with moving out? does he have to give us notice or do we give him notice? if we wanted to stay say only one more month, do we give that notice? Any information would help

2007-06-24 12:44:12 · 4 answers · asked by AtreyuExs&Ohs 3

...break my lease when the sale of the apartment goes through or must I stay here until my lease from the old owner is up?

I live in Pennsylvania, if that makes a difference.

2007-06-24 12:34:13 · 8 answers · asked by ? 6

2007-06-24 12:07:50 · 5 answers · asked by Lea 4

2007-06-24 12:03:46 · 4 answers · asked by Lainie 1

2007-06-24 12:02:19 · 13 answers · asked by aprilmaylove3 1

where do I go to apply for an fha loan? Do you have to have good credit and a down payment?

2007-06-24 11:52:46 · 4 answers · asked by albert & misty w 1

My home in Northern Mi has been listed since Nov. "06. I haven't had one person look at it, I have dropped the price $80,000, put many improvements, working w/ a realtor (Coldwell banker), updated pictures, virtual tour, and today, my realtor had an open house. NO ONE SHOWED... I am drvistated. What more can I do? I am desperate. I NEED to miove. I am currently listed at "fair market value" which is $53,000 less than I owe.

2007-06-24 11:42:37 · 10 answers · asked by joythegreat 3

We have our house up for sale. Today we had a showing and our dog got sick and well vomited on the carpet. Very embarrassing.

Would this deter you from buying the house if you REALLY liked the house?

Just curious how others would react.

2007-06-24 11:42:29 · 7 answers · asked by CareBeth 3

Im trying to get creative in the selling of my house, I was approached by a investor ,he is willing to give me 30k and then I would quick claim the property to him, Im ok with the #s(althouh atleast 100k less then I thought) but I cant pay the payment and need to salvage my credit.. tia.......

2007-06-24 11:27:01 · 7 answers · asked by Anonymous

We are considering buying land in Vermilion, Ohio. The land used to be a large farm, which is being divided into 30 lots 2-3 acers in size. The people who buy the lots are free to pick any builder that they choose. The lots are fairly priced, but I would like to try to negotiate lower. Can I offer a lower price like I did when I bought my current house? What else should I keep in mind?

2007-06-24 10:58:44 · 4 answers · asked by Colleena Rae 2

I live in Wisconsin. The average house costs $150G's (on the high side). My pastor says building a new church would cost $1Mil to build with all the overhead. I just can't fathom how that could be with all the volunteers and available property we have. My church is being split in two because so many can't see why either.
.
Fact 1: They want about 10 Acres to build on.
Fact 2: They need it to be visible. (signs and location)
Fact 3: We are in a mostly rural area (town of 4,000 pop.)
.
Is there anyone who can tell me why a church of about 200 would have to build a sanctuary for $1 Mil? and what is the cost surrounding that? I need a website here that will give me figures.

2007-06-24 10:37:57 · 10 answers · asked by auroraambria 2

Hi,
Is there any advantage to using an FHA loan if I have 20% for a down payment? I've heard that the rates can be lower and refinancing is easier with an FHA. Are there any other advantages?

Also, do most banks these days offer FHA, or do I need to go to a special lender?

2007-06-24 10:33:16 · 5 answers · asked by Anonymous

I am in the process of purchasing a home, but my mortgage broker stated that my credit score is not that great. He said if I let someone else run my credit it will go down and I will not be qualified for a mortgage. (reminde you he ran my credit alot himself.) Can I have another broker run my credit without affecting my score or if it does go down will I be qualified for a loan.

2007-06-24 10:31:33 · 7 answers · asked by karen a 2

Ok so me and my husband bought a house together about two years ago it was old and not perfect but we had all these dreams of fixing it up...well that never happened, could never afford it. Well then my husband joined the army and we are based in germany, we both know we will never live there again and we just want to get it sold (the mortgage is killing us) but we have had it on the market forever and it hasn't budged, we cant lower the price any, cause we are already selling it for just what we owe and we can't afford to fix it up any (plus we are in another country and can't be there to do anything) so does anyone have any suggestions on how we can wash our hands of this house before it forcloses on us?

2007-06-24 10:06:57 · 2 answers · asked by cynical girl 2

Who was the moron who thought of the section 8 idea. Why didn't i become a low-life and take the easy way out by not working and simply sit on my @$$ all day and let the gov't establish me in a nice n'borhood.

What was the poitn of this? When I bought my house eight years ago, I wanted to live in a nice n'borhood. There were strict policies at the time. Now, it almost looks like the working families are lost in the shuffle and hard to distinguish from those who don't do $hit!

2007-06-24 09:47:38 · 7 answers · asked by Coqui 3

I have applied for a loan of 160,000.00. Approved for 30 year fixed @ 6.75%, 10 yr interest only + (including taxes, insurance, haz-insurance). I am pleased about the payment. What do you think about this? This is a new build. Equity will be on the rise in 2008-2009.
Only serious advice, please. No offense to others. Thanks

2007-06-24 09:22:15 · 10 answers · asked by lunacrab 3