Renting & Real Estate - June 2007

Some agent lately give discount up to 2% out of commissioin

2007-06-13 03:19:08 · 6 answers · asked by Colu Colu 1

would a $10,000 down payment on a $150,000 house be satisfactory for buying my first home with a decent credit score?

2007-06-13 03:16:29 · 5 answers · asked by Kath. 2

I know they have to come to your house and take pictures but can someone give me some detailed information about the first meeting? We have an appointment set up for a guy to come tomorrow and I am just curious as to what to expect. And who sets the asking price? Do we or does the realtor reccommmed what to ask for the house?
Thanks for any & all information you can give me!

2007-06-13 03:11:44 · 7 answers · asked by coltqueen 5

We sold our home last month and went to close on it two days ago in the afternoon. The buyer was going to close the next morning. Our closing went fine. They buyer arrived at his close with his realtor and loan officer. The title company rep asked where his wife was because the loan documents stated he was married. Well, turns out his wife lives in another country and is planning to join him next year with their two kids. His lender knew this but failed to obtain a power of attorney to sign on her behalf. As they sat at the close, they tried to call the consulate of that country to see what they could do but there is a 90 day wait. So now they are going to re-submit the loan application as if he were single. There will be deception on the buyer's part. They think that they can get everything finalized in the next 3 days, but our realtor wants to put our house back on the market. We close on our new house next week and really need for this sale to close. What should we do?

2007-06-13 02:58:34 · 6 answers · asked by mecyoung 2

We purchased a new home and have already sold our current home. There is a 2 week gap between when we take over our new home and when the new owners take over our current home. What should I expect with regard to the bridge financing and interest rates?

2007-06-13 02:49:28 · 5 answers · asked by Sam N 1

We are looking to buy a home in a few years and I'm just trying to learn as much as I can to get the best for our money. Foreclosed houses seem like they'd be extra work, but can you find one here and there that just weren't paid b/c of death or something other than run-down and neglected?

2007-06-13 02:30:23 · 4 answers · asked by jk2ambmw 2

to make things more intresting the non-seller put down the down payment. the house has increased in value. they have only lived in the house for 2 years.

2007-06-13 02:28:51 · 5 answers · asked by westb51 1

We've recently refinanced and although we've added escrow, taxes etc. into the loan, it still seems a bit high.

Should we fix it up and sell it for $110K-(appraised at 105 before all the work was done) and build new or stay and deal with the high payment?

It's an old house with charicter but too many things could go wrong in the future / plumbing etc.

2007-06-13 02:05:56 · 5 answers · asked by Kari S 3

How exactly do people manage to move to bigger and better houses ?
I bought my house 15 years ago and have 10 years remaining on the mortgage.
There is a lot of equity in the house (is now worth about 4 times what I paid for it) but when I asked a mortgage adviser, she said because I am currently not working (although my partner who hasn't lived here as long as I have is), there is nothing I can do to improve my circumstances.
However, I know of many people who seem to be able to move upwards, even though their income stays pretty much the same.
Surely, all the equity I have stands for something ?

2007-06-13 02:04:20 · 3 answers · asked by Anonymous

i live in michigan. we were told by our landlord two days before we moved that he did not have our $750 deposit. doesn't the landlord have to put that money in a separate account from his to collect interest, or can he just spend it on what he wants. he said he'll be good for it, but when?

2007-06-13 01:23:03 · 8 answers · asked by geraldine c 1

$250,000 house; 15 yr mortgage; monthly payment including taxes, insurance, and PMI cannot exceed $1611

2007-06-13 01:08:07 · 6 answers · asked by Alexandra 1

I have a property that McDonalds may be interested in though I am the one that approached them. As we talked numbers they quoted me literally half the amount as what I know McDonalds is paying for another location in the same town to a friend. For example, $10,000 a month verses $4300. I know my property is worth about a million dollars but those numbers that they quoted me seems to be low. Am I being shortcomed?

2007-06-13 00:34:02 · 6 answers · asked by catherine v 2

I could buy building materials worth 80k, I think that will make a 3k sf house. But I might just want 2k sf house cause 3k is too big! I could hire people. But how do i do it it's too hard.

2007-06-13 00:07:25 · 6 answers · asked by ♥Come Break Me Down♥ 2

Ok so this house I'm looking at is $265,000. I'm able to pay 30% down and 15 year fixed-rate with 7.5% interest rate.

So that's $79,500 down and then ??????? a month for 15 years...

how much!?

2007-06-12 23:49:28 · 3 answers · asked by ♥Come Break Me Down♥ 2

they take too much and i can advertise myself.. what other steps do i need to do this? I do understand that me and buyer must agree on a title agency also..

2007-06-12 23:42:40 · 10 answers · asked by toolate 3

A housing association in my area have offered me the chance to sell my house to them and become a tenant. I am seriously considering because as a tenant I would be able to have all repairs done at no cost to me. Since buying the house over 10 years ago I have not been able to afford to do minor repairs or improvements. I no I will no longer be a "homeowner" but these days that is more of a status symbol than anything else.

2007-06-12 23:29:23 · 5 answers · asked by Anonymous

Do all realtors in the USA require buyers to be pre-approved for a mortgage before even considering helping someone look at houses? It seems a bit extreme to have to divulge all of your financial information just to see a house on sale!

Also this seems like a way to manipulate what they show you in attempt to get you to buy the most expensive home one can afford and to pay the highest price possible... is this a local thing or is all of the USA the same?

2007-06-12 23:09:57 · 9 answers · asked by Traveler 4

the new owners are closing on the 30th, but I'm afraid that the current renter won't leave and force us to evict.
But that could void the sale since new owners won't want to deal with that.

2007-06-12 22:51:00 · 5 answers · asked by BW 1

Any advice on how to fight a compulsory purchase case against United Utilites would be most appreciated

2007-06-12 21:57:35 · 1 answers · asked by Big D 1

I've read that with such high scores, you can qualify (hands down) for a good 30 yr fixed mortgage and no up front costs. Is that true?

2007-06-12 20:49:58 · 7 answers · asked by PlasticTrees 2

I paid $3,000 for his 3-day real estate training couple of months ago after seeing their attractive TV informercial. The problem with the seminar is that they paint "too rosy" a picture. They tell you to look for deals that simply doesn't exist now a days.

His so called "proven technique" has been proven not to work. His group will be coming to your area soon. Don't fall into their scam like I did. Run away! Otherwise you'll get ripped off by $3,000 or more depending on if you're willing to pay additional $20,000 for their "mentor'" program which they try to sell during the 3-day training! And if you don't get their $20,000 "mentor" program during the 3-day training, their in-house telemarkets will call you twice a day everyday to try to convince you to buy it.

Also don't fall prey to their "100% guarantee refund" program. It's full of deception. They have scheduled their program in a way that you won't be able to get any refund

2007-06-12 17:08:21 · 5 answers · asked by Anonymous

We are looking to buy a house right in front of a cement factory. I am assuming if the wind blows our way, we will be getting exposed to whatever they put in the mix. Anyone know if there are any health risks.

2007-06-12 17:03:28 · 1 answers · asked by Jackal 2

I'm a full time student w/ kids of my own. I've gotten a little behind in my house payments & I need to borrow $540 'til Aug when I will pay the loan back in full. I haven't pd Jun's yet & won't be able to pay it 'til Jul 5th. How can I get this $ up?

2007-06-12 16:39:33 · 4 answers · asked by NICOLE 2

2007-06-12 16:18:27 · 1 answers · asked by Anonymous

2007-06-12 15:49:05 · 2 answers · asked by liz d 1

2007-06-12 15:24:49 · 3 answers · asked by mudpuppie_80 4

I am trying to cancel a sale of my condo because the buyer failed to make an ernest money deposit within 3 days of signing the purchase agreement. It has now been 8 days with still no deposit. My realtor says I need to sign a "Notice to buyer to perform" form that gives the buyer 24 hours to come up with the contingencies (ie. the deposit). Do I, as the seller, have to sign this form and give the buyer 24 hours? Hasn't the buyer failed to meet his obligation of providing an ernest money deposit within the 3 days and should I not be able to cancel the contract?

2007-06-12 15:11:41 · 1 answers · asked by Anonymous

I am not a handy man? If I buy a "handy man's" special and have someone else fix it up for me will I still make some money or can I end up actually loosing money?

2007-06-12 14:15:48 · 12 answers · asked by Rolly 2

I own a large lot in a highly sought after neighborhood. I've decided against building a house myself, so I'm trying to explore all of my options as far as making a profit from it. A realtor told me that I could make more money if I hooked up with a builder and put a spec house on versus just selling the lot outright. However, she didn't specify what percentage of the total profit I would share in when the house sells, so I'm looking for help.

2007-06-12 14:06:16 · 4 answers · asked by hog_bond 1

She put food, toilet paper, napkins, after the plumber iniciated the work, she let ran the water all night, so next day the plumber found a flooded basement, she took all her stuff, my dining table, call the city and she wants her deposit back wich one never was paid in full, puting the building in risk to be shutt off. Can I terminante contract without iniciate an eviction proccess? Other wise it gonna be a long waiting.

2007-06-12 14:00:41 · 1 answers · asked by emmera52 2