Renting & Real Estate - June 2007

2007-06-02 01:03:47 · 5 answers · asked by culture creature 1

20 years ago, I granted a deed of easement to an electrical company for a telegraph pole situated in my back garden.

I was paid a one off lump sum of money at the time and the peiod on the agreement was 20 years.

That 20 year peiod is now nearing its end.

I sold the house 7 years ago and have just received a solicitor's letter from the people I sold the house to asking me to pay them a fixed % of the amount originally paid to me for those years of the agreement that they have lived there and I have not - i.e. 7 years worth of the amount originally paid to me.

The payment received was a one off lump sum and not an annual fee.

Do they have any right to claim this money from me and do they have a case?

I have been summoned to small claims court - should I lawyer up?

All useful advice very gratefully received. The house is in Wales and therefore subject to the law of England & Wales.

Many thanks in advance.

2007-06-02 00:24:51 · 3 answers · asked by Michael H196661 1

I have two mortgages 80/20 I have a balloon payment on the 20% Would I still have to pay that if I refinanced after just two years

2007-06-01 23:07:33 · 5 answers · asked by mkaustin 1

this happen to a good buddy of mine he was not doing any constriction he look up and saw a man in his house demanding a permit.

2007-06-01 22:37:32 · 1 answers · asked by bllrddr 1

I am sure there are also small houses/flats but still, here in Europe it´s almost impossible for a young couple to buy a house nowadays with 3 bedrooms (and really small bedrooms)..my husband and I are in our early thirties and all we can aspire is a small 3 bedroom flat. (like 80-90 square metres) we´ll have a mortgage of 30 years and it´ll be like 50 % of our incomes which is way too much of course...so what I am asking is how are things in the USA??

2007-06-01 21:51:58 · 8 answers · asked by Anonymous

When I was 18 my mother got evicted from our apartment, and even though my name wasn't on the lease, I was evicted. Well now I'm 23 and trying to get an apartment with some friends, I've disputed the negative points on my credit score recently and am waiting for a response, but the application says they won't take any one with an eviction record. I have a reference from my previous land lord showing that I have 2 years of solid renting status and my two friends have good credit and combined we make close to 5 times the rent. Do I stand any chance getting this place? or will I be declined because of the eviction notice? P.S. the management company from the eviction place and the current apartment are the same so can they verify I wasn't on the lease?

2007-06-01 20:22:17 · 2 answers · asked by big9284 1

How does a landlord accept tenant application? Does a landlord want user to just submit application directly and screen them later ? or does a landlord want to screen(non-formal, not credit report/background check) the tenant first before accepting application

Wouldn't the landlord want to accept as many application as possible?

2007-06-01 18:48:45 · 1 answers · asked by DaDar 2

My credit union wants to charge me $5,654 in closing costs to refinance my house for $200k. The house is worth more. I'm shocked! What are all these fees--origination, underwriting, processing, administration, preparation and "loan discount" and should I pay them? Why do they want prepaid interest when it is in the payments? Why reserve 2 mos insurance? The "estimated settlement charges" are $8,365--is that excessive?? Thanks anyone for any help. If I carry it myself and my son makes payments to me (he lives in the house but can't get his own loan yet) can I get a home equity loan any cheaper?

2007-06-01 18:16:41 · 5 answers · asked by mary e 2

I am buying first home. My broker quoted me a payment and closing costs. then when e-mailed documents payments and closing costs were higher then he said it would be. I expressed my concern and he said he would try to re-work my loan. A few hours later he e-mailed me docs to show new payment amount and news closing costs. The payment was right but he said in order to get it ther closing costs had to go up. The loan amount is $122500.00
These are differences.
origination fee:$1225.00 to new fee of$1837.50
credit report $34.50 to $0
underwriting fee$600 to $570.00
tax service fee$0 to $80.00
escrow waiver$0 to $230.00
closing fees$250.00 to $100.00
doc prep fee$0 to $150.00
Title ins $100 to $214.00
endorments$75.00 to $0
rec fees $100 to $150.00
misc shipping and copying fees$0 to $40.00
Sec lein title fees$0 to $50.00
this is an 75/25 loan
first offer 6.375% for 75 loan 8.875%25 loan
new offer6.125% for 75 loan 7.875% 25 loan

2007-06-01 16:17:27 · 5 answers · asked by pooh bear 4

2007-06-01 16:10:59 · 7 answers · asked by Anonymous

2007-06-01 16:09:39 · 6 answers · asked by Anonymous

A mortgage broker quoted me a refi of $235K with adjustable rate loan at 1.2%, and the monthly payment can increase by only $77 per year. Does this sound too good to be true?

2007-06-01 16:01:02 · 9 answers · asked by Inez B 1

2007-06-01 15:56:16 · 1 answers · asked by angel 1

I PAID AT LEAST 10,000 LESS THAN THE APPRIASAL VALUE. AM I MISSING SOMETHING?

2007-06-01 15:50:47 · 6 answers · asked by dee111503 1

I live at an apartment, and they are selling them as condos and they are doing the "flip it" thing and there there is toilet seats next to my front window there are riping the cabinets next door and noise all day long, the already gutted the 2 appartments next to me,,What can I do to get the total amount on my deposit, I will clean the apartment , when I moved in the rug was torn in several places, one section on the kitchen cabinets was falling apart, the stove 2 burners did not work, in a wall in the master bedroom was a stain in the top, the bathroom in the master the toilet was broken, my mailbox is about 50 feet from my appartment and the door was broken, all of this the landlord assured me that it was going to get repair,, I been here for 9 months and still nothing got fix,, can this help me to get the total amount, please if you know of a website that can help me, I would like to stay away form a lawyer cause i dont want this to be expensive,, thanks for your time.

2007-06-01 12:15:53 · 3 answers · asked by Anonymous

I'm trying to buy a house for the first time and i'm totally lotst.

2007-06-01 10:46:27 · 6 answers · asked by abcdefg333333333 1

I live in a town home and its time for yr repairs, they sent general time frame about a month and came around and removed my siding from shed then after i called because nothing was being repaired i was told framing underneath was rotten and my responsibility. now in my association manual it says workers have the right to come on to property only after reasonable notice. no one contacted me before this work was done out side of a vague letter saying someone would be around for inspection for the yearly painting and carpentry work. now i have talked to the board and they seem to stand behind this being my responsibility and they are about to finish up for the year which is going to lead to them fining me for the shed and having it painted and charges till the work is done. i want to know can i and against who, the home owners association or the contractors they use, can i file trespassing charges and then take them to small claims court for amount to have repaired??? please help in VA

2007-06-01 10:31:19 · 6 answers · asked by hi people 3

2007-06-01 10:05:18 · 7 answers · asked by Anonymous

What are all the documentations that I will need?

I'm currently paying 800pounds per month for a studio flat. Does this help?

2007-06-01 09:52:54 · 7 answers · asked by Nothing's Forever 2

my grandma died last year and left the house to me and my two uncles. my one uncle wants to buy it from us for $455, 000.00. if he buys it from us does that mean that he gets 1/3rd share of the money plus the house or does that mean that he just gets the house and my other uncle and i split the money? i am confused

2007-06-01 09:48:33 · 5 answers · asked by jmpoct03 1

It will be a 3 bedroom, so I will be renting out, getting $1000 a month from renters. How much should my down payment be, considering my savings situations and lack of income?

2007-06-01 09:00:32 · 13 answers · asked by Anonymous

american dream real estate company

2007-06-01 08:19:49 · 2 answers · asked by clr 1

Most HDB property owners bought their flats during the last peak season. Therefore when they sell their property now, they will not get any cash proceeds. How to go about selling these properties?

2007-06-01 08:08:56 · 2 answers · asked by TR all the way 1

My mother quit claim deed her house to me in 2002, she still owes $ 75k on it. She moved out in 2003 and I moved in at the same time because she could no longer afford the note do to heavy Rx drug abuse. I pay the mortgage directly western union to the company. Since then she constantly tries to back door me and get the house back. She is threatening me with eviction notices that she gets from some joe schmoo. Recently I feel back on the mortgage by only being 1 month late which I let my mother know and she said it is ok just try to get current. Then she used that info to try to get the house back again. Can she take the house away from me and then charge me $5k for pain and suffering? Please HELP!

2007-06-01 08:06:51 · 8 answers · asked by Sherri 1

2007-06-01 08:04:40 · 7 answers · asked by randallgolf 1

3 ppl sign a 1 yr lease for an apt. 1 becomes very ill at six months and must leave, the other 2 can not afford the apt. and must leave as well. They give 2 months notice and move out after the 2 months..everything seems fine. Then 3 months later with 'NO' warning 2 of them receive letters saying they owe $1300 and have 3 weeks to pay or they will b reproted to the credit buro.

2007-06-01 07:57:20 · 10 answers · asked by twikiruk 1

if i file for bankruptcy, (not sure if it'll be a 7 or a 13, probably a 13) and live in california... can i include my second mortgage? i owe about 370k on the 1st and @ 100k on the second. i'm also wondering, if i have a boat i'm making payments on, will that have to go back to the bank even if i don't want it to? if it matters, i owe more on it than it's worth by @ 3-6k... pay off is @ 16k.

2007-06-01 07:54:43 · 5 answers · asked by Anonymous

If we moved in to a house in Aug 2003 payed 100.00 deposit
and rent in advance ,and are now moving out in June do we have to pay rant for June .we do not have a lase for this year .

2007-06-01 07:49:07 · 4 answers · asked by ? 2

Sister moved out - house is in my name - she said she'd be there for at least two years.........

I can't get a roommate cause I have a 1&1/2 year old, and I don't trust ANY stranger around my son. I don't have any other family in this city, so it's just me and my son. I need to SELL the house...any suggestions? It's been listed for a month, and I've had one bite. My other bills are falling behind already.

2007-06-01 07:45:57 · 6 answers · asked by ron-D 7

what are some key points that i should include in the letter that would get people to buy the book on the ins and outs of property management and real estate invesment?

2007-06-01 07:32:17 · 3 answers · asked by BeautyMark 2