Renting & Real Estate - July 2007

2007-07-23 13:41:20 · 3 answers · asked by Meh 3

do you own the surface and up or how much below the surface do you own. and then a less philisophical question, can you build a thirty story house above the ground or 3 story basements below the ground.

2007-07-23 13:31:05 · 5 answers · asked by Meh 3

Fifties Plus couple looking for temporary room to rent for two to three months. We are both fully employed, quiet and like to cook especially on the weekends. We do not have children or pets. We are easy going and very much into each other we enjoy spending time with other couples and church on Sundays. We are in the process of closing on a new home and until that time we need a room that is inexpensive as we are savings for closing costs on our new home. If you have a room that is available feel free to contact either Jay or Karen by email at kjvelarde@yahoo.com

2007-07-23 13:10:41 · 2 answers · asked by cookie 1

Lets say you buy a home for $100,000 thats worth $200,000, what is the most reliable, cost effective, and efficient method to pull out the equity into cash? What is the guaranteed way to do this if possible? Is it possible at closing, or a HELOC after closing, or cash from the seller, or a cash out refinance? most importantly, it has to be legal. thanks

2007-07-23 13:05:12 · 3 answers · asked by curious girl19 1

2007-07-23 12:27:35 · 2 answers · asked by L 1

My apartment's leasing office is requiring that I get my carpets professionally cleaned before I move out next week. On the move-out instruction packet they gave me, they say they do not accept work done by a certain carpet cleaning company (who of course is the cheapest). Can they legally do this? It does not say anything about this in my lease...

2007-07-23 12:09:35 · 3 answers · asked by lmw_315 1

I was offered by a telemarketer a homestead on the planet Mars. He went on and on about global warming and the idea that we might have to leave this planet someday... I think its a cool idea. My exclusive offer allows me to pick any spot, anywhere as long as I payed 50% cash upfront. He told me that most investments sell for $2,500 but recomenned that I get the most property that I could afford now because its going fast. In fact, he said that if I gave him my debit card over the phone he could lock it in right on the spot.

I couldn't do it because my wallet was in the car and he said that he would call back.

Whats your take... is this sound right?

Thanks

2007-07-23 11:45:40 · 12 answers · asked by John G 3

Seven years ago, a family member bought a condo with a VA home loan. The mortgage company sold the account to Fleet who stopped sending bills or coupons for payments. Essentially, they screwed my family member and after two late payments (it took 18 days to process because there was no payment coupon included) they started foreclosure procedures. Really bad company to do business with. She had no choice but to file bankruptcy. They forclosed on her in less then two months and the condo sat vacant for over a year and a half. No one helped her and the mortgage company even hung up on me when I called them. Can she qualify for a VA home loan again?

2007-07-23 11:40:37 · 5 answers · asked by operaphantom2003 4

The difference between the sale price and loan amount, does the bank just take a loss or am I responsible for the difference? Also, the difference between sale price and loan amount, do I get taxed on that and if so, about how much?

2007-07-23 11:32:38 · 4 answers · asked by L 1

I want to know if a LO, who works for a BROKER, have his own business? In particular, can he have his own home inspection business? He would like to have this business since he can make money and he enjoys this line of work. Please be detailed in what he can and cannot do. He is guessing that he CAN have the business as long as he does NOT mention the LO job.

2007-07-23 11:31:26 · 4 answers · asked by vmgalvez 1

when you're renting a place and they give you a price say $600 and they say utility included, does that mean that the utility is separate from the rent which will make it like $650 or does it mean its with the rent and you just pay $600??????

2007-07-23 10:19:32 · 2 answers · asked by victorialala 1

I want to purchase rental (single family homes) and I would like to purchase 3 different properties at one time. The problem I am running into is the banks always say that I can only get one per year because I have to "season the loan" I would like to purchase 3 at one time how do I get financed for this or is there a certain type of loan I should apply for ? I currently own 2 rental properties with no lates for two years... please help.??? Thank you so much.

2007-07-23 10:13:20 · 3 answers · asked by terrywack 1

My mother is retired living off of social security and VA disability. She currently pays $699 for rent but she wants to buy a house. She can't go VA (used it before). She makes 1800 a month. What price home could she afford to get or pre-qualify for?

Is it true that lending companies will not give you a loan if the mortgage/income ratio is greater than 33%? That makes no sense to me because there are so many people in our area buying $300,000 houses on a $20,000 income.

2007-07-23 09:33:55 · 10 answers · asked by operaphantom2003 4

I'm moving out of my house when I turn 18. Which is in about 5 to 6 months from now. I have a job, I'm saving up money, and I already have a car payment I'm stuck with. I know I'm going to have to pay for rent, insurance, the car payment, and all my expenses to live. I know I'm going to have to have a tight budget.

Does anyone have just some good basic advice on what I need to do before and after I move into an apartment?

2007-07-23 09:19:44 · 14 answers · asked by Laure 2

I lived in my apartment for 2 years and am getting charged for paint. Nothing was wrong when i moved out besides normal wear and tear to the walls (such as small paint chips on the corners and what not). Is this something most apartments would charge for?

2007-07-23 09:11:28 · 5 answers · asked by smile182 3

i have been looking for a house and have a real estate person that i have signed a contract with to show me houses and such,
She has not found 1 house for me to look at, she only shows the houses i call her about.
I looked by myself at a for sale by owner house yesterday and am ready to make a offer,but she says that we have to pay her her percentage.
The seller does not want to deal with agents, just sell her house and avoid commisions.
what can or should i do.

2007-07-23 09:07:03 · 12 answers · asked by Gary Gray 2

i have friend that is wanting to get rid of a house that she is not living in she had rather sell it as to renting it out but she told me that since im needing a place and she knows me and my family she would work something out with me and i just want to make sure that neither get screwed over what kind of contrct or paper work do we need to keep things legal

2007-07-23 07:49:18 · 1 answers · asked by jon j 1

Aright I already have the evictions done and judgements in hand... now, how do I get this on their credit report?? I can't seem to find a direct answer and I've managed to get all of this done and filed without hiring a professional and don't care to start now. Any serious replies would be greatly appreciated! THANKS!!

2007-07-23 06:26:24 · 2 answers · asked by Dani D 2

My partner and I live on a 1st Floor flat and has a small porch area at the top of the stairs.

We are looking at making some space and she moved the kitchen pedal bin into the porch. It does make the kitchen look slightly bigger (in that the bin is not the first thing you "trip over" when you walk in). However I feel that putting a recepticle for family waste in the porch area does not give out a good impression.

What is everyones opinion? Would seeing a bin when you walk upto a front door give out a negative impression when you are trying to sell your property?

THX

2007-07-23 05:53:56 · 8 answers · asked by Gaz 1

I've been advertising my apartment to try to re-let it for a new 12 month lease in preparation for a relocation due to work. It has been going moderately well in that a lot of people have been interested and come by. But i found out the other day that when one couple i gave applications to went to turn them in to the realty company, they took them back to the building to show them other units and even offered them deals to cut the price. Now, clearly this is immoral, but does anyone who knows something about this type of thing know if it is illegal, and could i use it to negotiate breaking my lease?

2007-07-23 05:02:32 · 3 answers · asked by Anonymous

we have lived in our house for over 20 years, my wife bought the house before we were married land registration was not compulsory, so it was never done. The previous owner retained part of the land for future redevelopment. two years ago the son of the previous owner, now deceased registered the retained land and sold it to a developer, we have since had a dispute with the developer which led us to look at our deeds, only to find that they showed that the previous owner had actually sold my wife 120 feet more of the garden than I thought. so according to the deeds, the developer has built houses on what was our property. The land registry say that the son had produced no deeds ( obviously because they would have reflected ours ) but they allowed him to have absolute title on the basis of a sworn statement that the boundary was where he wanted it to be and so far they refuse to admit a mistake. Their argument seems to be that because we did not know that we owned the land then we didnt

2007-07-23 03:56:07 · 9 answers · asked by Anonymous

I know it probably costs about 1500 pounds to buy a house (survey, solicitors, arrangement fees etc) plus stamp duty if over 125,000. However, how much does it cost to sell a house.

2007-07-23 02:28:25 · 10 answers · asked by smudgeuk9 3

My partner and I are currently looking to buy our 1st home together. We are using a financial advisor and he is trying to get us to take an interest only mortgage for the 1st two years. However, I know that I will not be able to make the savings to cover the actual mortgage. He thinks that if I remortgage after 2 years inflation rates would mean that we would have sufficient capital to put down on the house, therefore, not owing any extra. Has anyone else been in the same position? If so, what do you recommend?

Any help would be brilliant as I am now at the stage where I want to rip my hair out. We are in UK (Scotland) if that helps anyone?

2007-07-23 02:22:01 · 10 answers · asked by fat_arse 3

We need to let our house go because we cannot afford it any longer. We live in AZ, can the morgage co. come after us for more money? Should we file bankruptcy instead?

2007-07-23 02:11:51 · 3 answers · asked by Ronald E 1

I am trying to get out of my lease. I have tried everything when it comes to speaking to the lady that is in the leasing building. But I want to speak to someone higher than her. She has been a very rude lady! And I know if I call her she will not give me the correct information or probably try to call the head office and tell them some lies. I have tried working with her ive tried to get people to apply and take over my lease but she has denied them all, ive tried just talking with her, etc. Theres no hope. My question is how do I find the company that is ahead of my apartment complex without speaking to her!!! Please help!

2007-07-23 01:56:12 · 2 answers · asked by staryeyes 2

My father in law has a proposition for me to buy the siblings out and own 35% of the building. I dont see moving back inside, but I guess I would have FREE outside parking and a 35% investment on this building and lot, located in a prime commercial area. I can afford the 35% buy in, and my exp. for the build.(tax, insur) would get covered from renters. How does this process start? DO i need a purchase agreement drawn up? Its a bit confusing, but the 3 siblings own 2 properties, and my father in law is signing off on the other and the other sibling is signing off on this one. I am not using a loan, I have the money, so it will be paid for. What do I need to do to make this deal legit, and protect myself. Is it as simple as changing the deed, and a small document stating my % owned? I trust my wifes parents....especially since she will also be listed on the deed. Just need to know what processes we need to take to get this property transfered correctly.

2007-07-22 23:26:22 · 1 answers · asked by roboto 1

If not pd., kick us out?

2007-07-22 23:07:52 · 3 answers · asked by suzy3 2

2007-07-22 22:29:17 · 1 answers · asked by stella b 2

2007-07-22 20:46:35 · 1 answers · asked by YL G 1

Is it wise to get into a real estate career now?
I know the market is slow now, but are people still getting into this field as much as before? Is this a good career choice for Mom's who want flexibility? What are the pros and cons of this job?

2007-07-22 20:27:54 · 4 answers · asked by Anonymous