Renting & Real Estate - June 2007

Grandmother is deceased for 20+ years and did not leave a will. This is rural flat land.

2007-06-12 12:54:45 · 2 answers · asked by brignalia 1

i know they get paid by each house they sell, but how does it work?

2007-06-12 09:57:26 · 10 answers · asked by Anonymous

2007-06-12 09:49:41 · 3 answers · asked by Smiles 4

When you request to see a house, how long does it take your realtor to set up an appointment to show it to you?

2007-06-12 09:09:45 · 11 answers · asked by bernie0805 5

Does USPAP require 5 years experience to perform desk reviews or is this just an unsubstantiated urban legend?

2007-06-12 09:02:28 · 3 answers · asked by someguy 1

I am purchasing a house from my mother-in-law that I know is in good condition. I know that she isn't going to rip me off; she is actually giving me and my new husband a great deal. We are in the process of getting a loan through a well known bank. The bank told me I would need a closing agent or title agent. What exactly would a closing agent or title agent do? Which one of them should I chose Closing or title agent? Approximately how much will this cost? Thanks for the help in advance!!

2007-06-12 08:47:51 · 7 answers · asked by Anonymous

a friend told me that if I close on June 29 I'm not going to have to pay mortgage for July, instead my payments will start in august. is that true?

2007-06-12 08:37:54 · 7 answers · asked by RPH 2

2007-06-12 08:07:04 · 3 answers · asked by Sarah B 1

I've put down some money for earnest money. The bank told me I would get X interest rate. It's written in the contract that I must find financing that does not exceed X % interest, etc.

Now the bank is telling me I must pay Y %interest. It's more a lot more than X.

Do I still get my earnest money back?
Do I have to pay for the survey and apprasial that have already be completed???

2007-06-12 08:01:12 · 6 answers · asked by Smiles 4

I've been told that there are no lenders willing to lend on a non traditional property.I find that hard to believe in this current housing climate.Can anyone advise please?

2007-06-12 07:49:17 · 5 answers · asked by Anonymous

Anyone help on a couple of basic questions.
What is the condition of these homes generally, or is it not possible to generalise because of location differences?
Can I buy as an investor and more than one property?

2007-06-12 07:43:36 · 3 answers · asked by InvestorPete 1

2007-06-12 07:41:35 · 5 answers · asked by cel 1

Newbie investor, I have been through the prequal with a mortgage broker, but every auction notice I read the terms are full purchase price paid at the auction close or a short time after. What options do the more experience use to close the gap?

2007-06-12 07:39:53 · 4 answers · asked by InvestorPete 1

say, for instance, in the contract to buy a condo a 60 day closing period was agreed upon and both the seller and the buyers sign the contract. Just before the closing date (say 4 or 5 days) it is made known that the seller will not be able to attend/sign by the closing date. Do the buyers have any rights/recourse? What should the buyers do?

2007-06-12 07:27:33 · 3 answers · asked by Kevin E 1

We have only lived in this house for 3 months, we were lied to about it value, the agent lied on the loan papers, our other home wasn't purchased by the investor as verbally promised, and a promised raise was denied. My partner has a security clearance she needs to protect so we can't destroy are credit, the home is worth almost 100k less then we paid for it. How can we save ourselves?

2007-06-12 07:25:06 · 3 answers · asked by AlohaKam 2

OWNER FINANCE

2007-06-12 07:22:45 · 1 answers · asked by carolinabeachgirl07 1

Has anyone heard anything good or bad about Countrywide? Has anyone delt with them before? I'm lookin to buy a house and need some info on this company.

2007-06-12 07:11:38 · 7 answers · asked by Cowboy 1

I am closing on my house and all closing costs will be paid by builder (pioneer) I will not be using the money I put down on upgrades and closing costs. How long will it take for these monies to be returned to me?

2007-06-12 07:10:26 · 5 answers · asked by jonetta_williams 2

2007-06-12 07:03:20 · 8 answers · asked by Martin K 1

My bank went from offering me one interest rate, then increased it to another rate and now want to increase it to another. I refuse to pay such a high interest rate! Will my earnest money be reinbursed if the appraiser and surveyor have already completed their work???

When is it too late to back out of buying a house?

2007-06-12 06:59:40 · 6 answers · asked by Smiles 4

And does this system exist anywhere else other than the UK?

I am not a lawyer or an estate agent, but it seems to me that when you "buy" a house on leasehold, you're paying the same as for freehold (where you would get the deeds and become the legal owner), but instead you just get the right to live in the property for a certain period without actually owning it. Once the lease expires, your investment of tens (hundreds?) of thousands of pounds is worth nothing, while the real owner can make an obscene amount of money by "selling" the property again while holding onto the deeds.

I can see what's in it for the owners, but why would anyone "buy" a house that they'll never actually own?

If the UK government really believes that everyone should have the right to own their own home, isn't it about time they abolished this archaic and ridiculous practice?

2007-06-12 06:58:02 · 3 answers · asked by Anonymous

2007-06-12 06:57:41 · 5 answers · asked by broken heart 2

Me and my roommate sighned a year lease. we are only in to it 6 months and i want to get out of it and move in with my girlfriend, because im never at my real house anyway, i spend all of my time at my girls house. how would i go about talking to the roommate about leaving. I pay excactly half of the rent, utilitys, cables etc. Money is really tight for me right now . and my girl doesnt want me to pay her anything. I dont want to be an a** by leaving the roommate high and dry, but i have to do what is best for me. How would you handle the situation...??????

2007-06-12 06:48:02 · 6 answers · asked by dav m 2

2007-06-12 06:47:39 · 18 answers · asked by jay ceesall 1

Our landlord wanted us to sign a lease on business office space we have been renting month by month. We refused to sign, but we continued paying our rent. Now he is claiming that because we paid rent we have, by default, accepted the lease. Is he correct? (We are in California)

2007-06-12 06:40:51 · 3 answers · asked by Anonymous

I am thinking of moving some where in or around the Inglewood area and I would like to continue in Real Estate (preferably Coldwell Banker, Keller Williams, or maybe Century 21 or any one else big in L.A.)
I would greatly appreciate tips and advice from anyone working as a real estate agent in this area. Also, what would be the best way to learn more about the market and the way things work out there?

2007-06-12 06:25:34 · 4 answers · asked by Anonymous

My husband and I are moving to Iowa in a year and would like to try to own a home for the first time. I noticed that there were many more condos available in our price range than single family houses. Even with the monthly association fees, they are either comparable or less expensive than a regular house.

We only plan to live in Iowa for 3-4 years. We are used to living in apartments and thought it would be wise to buy a place so we'd be able to recooperate some of the money instead of renting a place and never seeing that money again. Even if we sold for a loss, we would still get SOME money when we left, isn't that correct? However, I would like some advice on this. Are there huge drawbacks to selling a place (a condo especially) after only a few years? I'm afraid I know next to nothing about real estate and could really use some advice.

2007-06-12 06:16:56 · 8 answers · asked by aflowerinthemud 1

Who now owns your house? Do the original terms of your loan remain intact?

2007-06-12 05:59:52 · 3 answers · asked by Anonymous

If I was to get a repayment mortgage over say 20 years with an initially low rate of 6% rising to 7.5% after two years, and I could start paying as much of it off as i wanted as soon as I wanted without penalty, if i paid it all off in the initial two year period before the rate rise would this be allowed? Or would it make more sense to just get it over a shorter time scale? However i was wary of this as the obligatory repayments are so much higher, whereas if i get it over 20 years i CAN pay off large chunks but dont HAVE to pay off such a high amount each month? What would work out as more beneficial?

2007-06-12 05:49:24 · 2 answers · asked by Zna 1

We live in an apartment complex w/ four apartments per building. . The neighbor couple are in their 40's, drunks, drug addicts, and loud party people. I have told them six times to please keep it down, (music so loud at 1 am that wakes my 2 yr old and at 5:45 am also). They always say they will keep it quiet. The other three neighbors in this complex have told him more than 6 times to keep it down. The cops get called and tell them to be quiet and they say they will. But it never happens. This month the landlord served him a cease and desist letter after all tenants complained. It only made him angry, louder, and abusive. He now harasses us and calls us all snitches. Got in my husbands face. Now pushes it just enough to be legal but still harassing. Not from georgia and do not know the rental laws here.

2007-06-12 05:09:05 · 10 answers · asked by Lyssa B 2