Renting & Real Estate - June 2007

to fix it up and profit...any suggestions

2007-06-08 09:40:47 · 11 answers · asked by suzie B 1

2007-06-08 09:40:23 · 8 answers · asked by COblonde 3

Basically seller put the house on the market claiming mortgage and homestead exemptions are applied on the property in May of 06'. The MLS sheet reflects both mortgages applied on this property. Seller moves in June 06' and pulls the homestead exemption off to apply to new house. After my closing costs my mortgage is 791.00, 5 months later it jumps up to 981.00 due to unforseen tax increase the bank paid and applied the new amount to fix for the shortage in escrow until my homestead mortage kicks in. So Im stuck with 1000.00 dollar house payment basically until my homestead mortgage kicks in... Did the realtor not tell me something as the MLS sheet I read in October said both of these exemptions were applied? Is this a violation by the board of realtors?

2007-06-08 09:20:08 · 4 answers · asked by Anonymous

I would like to buy a house but I have terrible credit. I can put down 15k on a 190k house. What options do I have to get a loan? Could I form a corporation? Any advice is appreciated.

2007-06-08 08:45:14 · 12 answers · asked by Michael W 1

my husband an I rented a house about 2 yrs. ago. We paid a deposit of $925.00. When our lease was up we moved from the house. Although the carpet had many stains on it, It was not in that great of shape when we moved in. The landlord charged us to replace the carpet and stated that the carpet was only 2 yrs. old. Some of these stains appeared in the carpet after we moved into the house and were not a result of anything we had done. He also charged us for replacing a door that had been written on and painted over before we moved in, and cleaning of the house before new tenants moved onto the property. He stated that damages to the house were around $1200.00. My understanding is that you pay a deposit to help cover any painting, or other repairs that are done to a house once it it vacated. The carpet could have been easily cleaned and replacing it in all rooms was unecessary.

2007-06-08 08:44:20 · 7 answers · asked by kitkat20 1

There is an easement between my home and neighbor's. Who is responsible of maintaining easement.
Is it local Township or Homeowners?
This is a grass median which is loaded with weeds and home of some of the pests: mole, chipmunks, etc.
Anyone has knowledge of laws of easement in NJ, please reply.

2007-06-08 08:07:22 · 6 answers · asked by Anonymous

2007-06-08 08:00:55 · 9 answers · asked by PATRICIA R 1

2007-06-08 07:53:59 · 5 answers · asked by 8mm 1

I currently live in NJ and I'm thinking of moving my family south... I see some lots for sale in Compass Lakes, FL - which is in Jackson County, FL... I don't know ANYTHING about this area - but the realtor says that Compass Lakes is an "up and coming" area - has a Super Wal*Mart and some other stores - and that is 300 ft above sea level so you don't have to worry too much about hurricanes... that is HIS perspective... he also wants to sell me property... so - I'd like to here from anyone that knows or has been to this neck of the woods... is it NICE?

2007-06-08 06:57:45 · 2 answers · asked by Doogie 3

In the house we are currently renting, only my wife is on the lease. Her credit is bad, but she has the rental history. I have a good job but no rental history. How should I proceed with applysing for another rental?

Thanks!!

2007-06-08 06:41:38 · 5 answers · asked by Ayana B 1

My landlord is trying to put me out of my house. As of April 15th we have no lease and have been living month to month...In Alabama can he just kick us out or what does he have to do ...We owe him for Junes rent and for a small amount of May...What are my rights

2007-06-08 05:34:56 · 7 answers · asked by Mrs. M 5

I gave the deposit for an apartament without signing contrat, next day i changed my mind, and dont want to move in and they wont give me the deposit back.

2007-06-08 05:28:53 · 10 answers · asked by naralius 1

the landlord's only been back from florida for 3wks. he lives down there from october thru may i only was told i had to leave on june first. i have to be out by july 1st or sooner. shouldn't i be allowed some time to fix the place up, which i was already in the process of. i just bought a hardwood floor to put down. i've started to rip up carpet, to put it down. i took down some wall paper with his permission and i still have to sand, prime and paint the walls. he put ceramic tiles on an unlevel floor and i have to replace the cracked ones. i had the roof fixed when it leaked but have water damage to the inside of the walls because of it that has to be fixed. how much of this am i really responsible for. he gave no indication when i asked if icould make these changes that he would be asking me to leave. and on top of it, i work two jobs and now i have to find another apartment.

2007-06-08 05:03:45 · 9 answers · asked by danili 3

2007-06-08 04:54:20 · 5 answers · asked by BDG 2

2007-06-08 04:47:31 · 1 answers · asked by Anonymous

I am buying a co-op apartment in NY. I would like to close 2-3 weeks after the date on the contract. Do I have any leeway on this? The contract says "on or about"?

2007-06-08 04:44:45 · 4 answers · asked by Anonymous

A friend of mine brought a $200,000 new KB house with the intent of using it for investment.

I believe its a 15yr mortgage, with high monthly payments.

For a while he had people renting it for a decent amount, but since January the house has been vacant, and he is left paying the mortgage whilst he pays monthly rent for his apartment.

Therefore, in what way is this an investment....if he planned on making $X profit, surely this is now being drained away in mortgage payments & maintenace of the house ($500 gardening/month).

I also believe that the profit he planned on making is not going to be anywhere near what he had first planned because this house has been ont he market for 4 months, its in a not very nice neighbourhood, and he's reduced the price once and is being asked to reduce it again.

How on earth is this profitable???

2007-06-08 04:42:59 · 10 answers · asked by Anonymous

I have a condo that I want to sell.
The only thing that concerns me is that I had co-signed on my father-in-law's business loan against my condo few years ago. (They didn't have a property to satisfy the bank to get a loan)
My father-in-law still has that loan, meaning his bank has my house as a lien as well as my mortgage company.
Will it be a problem to sell my house?
Thank you in advance for your answers.

2007-06-08 04:39:26 · 6 answers · asked by Judy J 1

I have been renting here since October with My girlfriend and my 1yr son. We always pay the rent and try to cause no problems what so ever. My mother moved in last week with my 2 sisters and my nephew, know we are starting to have problems with the apartment, such as the A/C is not Cooling at all so we keep it off all day(95' in south TX) and the door got locked because if wasnt well placed. Today, I just found out that the Fridge isnt working and cooling. She told me they would fix the A/C today, but it's been like this since Wed. and I know that once i tell them about the fridge, they will respond that since there are so many people living in a one bedroom apt. maybe we caused it ourself. which we didnt, because we spent most of the day outside of here because of the heat. is there anything I can do. the rent is do on the 6th of the month and I paid it on the 3rd. Is there a possibility I can get it back, or something? HELP.

2007-06-08 04:33:34 · 4 answers · asked by Anonymous

I want to purchase and tear down a house that is in a high-risk flood zone and I want to request a change in this level to the zoning board (cook county, Illinois)

2007-06-08 04:25:22 · 3 answers · asked by diddy 1

I plan to make settlement on my house on August 1, 2007. I have lived there since July 28, 2005. I sold my previous home on August 14, 2005 and received the capital gains exemption because I have there since Juyl 2002. Will i still receive the expection for the August 1, 2007 sale?

2007-06-08 04:03:27 · 2 answers · asked by Anonymous

2007-06-08 03:41:37 · 6 answers · asked by cdsgirl05 1

2007-06-08 03:32:44 · 8 answers · asked by Thornton&Thornton 1

2007-06-08 03:10:37 · 4 answers · asked by Anonymous

A co-worker of mine told me that she took over her aunt's mortgage when she bought her condo from her a few years ago. I can see how this would benefit the buyer, in the sense that you're taking over the seller's good credit, and getting the place for what is left on their mortgage. My co-worker for example said that her aunt had lived there for 10 years, so when she took over the mortgage, those payments her aunt paid came with it. I also assume she got the place for the price her aunt paid 10 years prior. I can see how that benefits the buyer, but what does the seller get out of it??? Just curious what incentive my co-worker's aunt had to do this (other than the fact that they are related). Can someone please explain to me how this works? Thanks.

2007-06-08 02:06:04 · 4 answers · asked by tinaroonie 2

I rent a townhouse. My neighbor moved out, and the community decided to jackhammer up their kitchen floor. All day my house has been shaking with incredibly loud noises coming through the walls. They are using jackhammer and large saw, not to mention pounding with large hammers. It sounds like I'm living in a construction site.

My community did not notify me of this work, and it has been going on for days. My children can't take their naps, and the noise is loud enough to give me and my wife sizable headaches. Does this violate my rights under a lease to quiet living, and what can I or should I do about this.

(PS, also the workers left large shards of broken glass in my front lawn where my children play. Not the lawn of the house they are working on.)

2007-06-08 01:38:52 · 4 answers · asked by thedeiningers 2

2007-06-08 01:29:06 · 3 answers · asked by Anonymous

ie should the entire length of a river be accessable to the public?

or would you be content if by law, one side of a river should always be accessable to the public?

2007-06-08 01:27:47 · 5 answers · asked by Anonymous

First: I have seen those ads where you can sell your home quick (some even advertise getting the cash in 48hrs) and I didn't know if they were legit. Do they affect your credit in any way?

Secondly: I'm due to have a baby in 2 months. Is it possible (or safe) to make a move within this time frame?

We have been fighting to keep our house for some time now. I think it's smart to know when to back out of a situation before it becomes worse. I've tried contacting our mortgage company and they seemed shocked that we were trying to recitfy a situation considering we weren't in that bad yet. (We've only been over 30 days once). The problem is when I take my maturnity leave I will not be paid one cent from my place of employment- aside from the vacation I've been saving for this situation. And so the cause for my pressing questions... Thanks for any advice in advance!

2007-06-08 00:52:15 · 7 answers · asked by beebidoux 2

2007-06-08 00:28:15 · 10 answers · asked by ironwood 1