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Renting & Real Estate - July 2007

[Selected]: All categories Business & Finance Renting & Real Estate

Normally, the commission would be split, so on a 6% commission, it would be 3% and 3%, but if one agent handles both sides of the sale, does he/she get to keep the 6%?

If I'm the seller and since the seller pays for the commission, can I suggest that I just give him/her 3% if I don't go with my own seller's agent, since that's what he/she would get anyway...that way, I would save money on commission. I don't know if I made any sense, but I hope I did.

2007-07-19 17:50:41 · 5 answers · asked by socalteacher 2

Hi folks,

Quick question. A while back, I moved into a flat/apartment that used to be one big house before being divided into 2 separate residences. The problem is that the newer flat address (60A, as opposed to the original house which was number 60) is not registered with the Post Office, so I can't get credit or order anything that requires an auto-fill postcode, as the address doesn't show up on anyone's system.

I asked the Post Office and they said it isn't their responsibility to add the address!!! So where the hell do I go to get this added?

2007-07-19 17:42:07 · 4 answers · asked by Wildamberhoney 6

I own a 3900 sq. ft. commercial building on the main block of a small downtown area. The mountain town is known for it's art and indian collectibles. Sales are soft, even if the town is popular. There are basically three blocks of stores, but I'm on the most heavy trafficked block, so it's a plum. My question is about leasing it. Namely, what is more attractive to most? Do I simply lease it for a certain period of time--and how long? Do I do a Lease Option? Do I do a double net or a triple net?

Of course, I know all are possibilities, but I'm TOTALLY ignorant about all this and want to do what is good for me, but attractive to a potential lessee.

And how do I advertise that I'm willing to lease?? Do I use a realtor? I still have a store in the building as well, and would need two months to sell the inventory, but ONLY if I have someone committed. I am still paying a mortgage and can't afford for the building to be empty, waiting for a lessee. Please educate me.

2007-07-19 17:38:12 · 3 answers · asked by followingmybliss 3

We have GREAT credit, steady jobs,nice equity in our current home, and are pre qualified(30yr fix)(no credit card debt, only current mort., an available line of credit and car loans). We found the worst house in a good neighborhood with a slow market.Its at the beach in an area that is predicted to skyrocket later( Multi million dollar golf courses there, new marina,downtown revitalization completed, business growth, no crime) We are placing a bid contingent on inspection...His family says wonderful!! My family says I am crazy,not right time.I have done the work before to my home and tripled its value. My mom says I have 3 kids,putting the fear of God.It would be a little bit tight ( little bit) for two years...then easier (no day care).Do I just do it if it it passes inspection? (The price will be great) How do you KNOW to take the leap? I dont want to be kicking myself for not doing it!! We have both always wanted this.Are we TOO cautious?Most shore towns dont depreciate,right?

2007-07-19 17:22:05 · 5 answers · asked by Anonymous

I know this has to be done if they are using a realtor, but if you buy a house directly from the sellers, are they required by law to tell you if anything is wrong with the house (bad plumbing, standing rainwater in the backyard, etc)?

2007-07-19 16:24:30 · 6 answers · asked by bookworm1171 2

We have sold our condo privately online through saskhouses.com. We have a buyer & she's given us a $2000 deposit, but where do we find a sale agreement? We haven't signed anything yet, it's all verbal!!

2007-07-19 14:17:18 · 2 answers · asked by cheerio_47 1

I took california real estate principles in college, in 2003. I did not take the state exam, and it is 2007. Are my real estate principles still good to take the state exam, or will I have to retake principles to take the state exam?

2007-07-19 13:34:32 · 1 answers · asked by dh 2

I would like to buy a foreclosed home, but, have no idea on where to begin or how to do it. Any help would be great. Thanks..
PS Trying to find a free foreclosed website, any ideas?

2007-07-19 13:12:09 · 4 answers · asked by ccj 1

I live in MO. 2 friends and I took over the last half of a year-long lease from a group of four girls. I was added to the lease, but my 2 friends were not, the landlord demanded that the four girls remain on the lease until it was up. I lost my job and the 2 friends moved out. The 2 friends said they would help with the remainder of the rent, but so far they have both stiffed me. I got a new job, but I cannot afford the entire rent payment. In addition the land is charging $3 per day that the rent is late. Any thoughts.

2007-07-19 13:01:16 · 8 answers · asked by tkj3395 2

2007-07-19 12:24:41 · 4 answers · asked by Anonymous

I have a rental house, with tenants. The A/C went out at the house, and they have been calling me...I use a management company who handles everything for me. My property manager has other units as well, and has another property with a broken A/C, so he is attacking one at a time, in the order in which they were called in. He won't get out there until tomorrow, rendering my tenants without A/C for a day. Is this a violation of the Florida Landlord/Tenant Statute? They are saying they will need to go to a hotel, it's too hot....I'm assuming they mean to ask me to pay the bill for that. My management company has much more experience in this than I do.....so I trust them, I just don't want to get hit up with charges for the A/C being out for a day. Any people out there who know Florida Landlord/Tenant Law? I'm reading through the statutes, and I can't find anything specifically pertaining to fixing an A/C unit.....Thanks in advance

2007-07-19 11:43:53 · 3 answers · asked by Cara D 2

im a tenant and due an inspection i want to know if they can look in cuboards

2007-07-19 11:39:30 · 7 answers · asked by nutter 1

I rent a 3 bedroom house from my grandmother, I am the only one on the lease. One of my best friends rents one room and we let a coworker of our move into the other with her boyfriend. Two weeks ago she told us that they would be moving out at the end of August. A week later she mentioned leaving at the beginning of August instead and my friend and I scrambled to come up with the extra rent, which we did just barely. Without telling us they moved out today! Breaking both agreements they made. Still, they're not on the lease! Is there anything I can do to get this money!? With utilities and all this is going to cost me $500-650. Any ideas?

2007-07-19 11:23:14 · 7 answers · asked by Sam 1

So we were under contract with a bank to purchase a foreclosed home and close on the 27th of this month. We just found out today that the bank that owned it sold the mortgage today to another bank. Luckily, the new bank is honoring the contract, however, we have to sign all the paper work all over again and the bank says the closing date might have to be pushed up the the 31st of this month. Was it legal for the original bank to sell the mortgage on the house when it was already under contract?? My realtor said he's never seen or heard of this before. Anyone ever heard of this?

2007-07-19 11:14:10 · 4 answers · asked by Anonymous

before the event my nephew went in and got "measured", a month later the day of the event he was changing and noticed that the shirt was torn, pants were too big, vest was 10 sizes smaller and so on... when we returned the tuxedo the we explained the problem to the manager, she was overall rude and we felt disrespected, we didnt even get our deposit back. should i contact a lawyer and talk to him about it or just leave it?

2007-07-19 11:02:02 · 5 answers · asked by garciaa286 1

for an apartment with two rooms, one bathroom, one kitchen and a small yard, in Flagstaff Arizona

rooms and kitchen are about 110 square feet each, bathroom is about 40 square feet

there will be no pets allowed

what would be a reasonable rent for a place like this?

2007-07-19 11:00:46 · 11 answers · asked by Anonymous

my credit report.

He and I both have excellent credit scores (mine is 793, his about the same). The only debt we have is our mortgage, ONE credit card balance, and what's left on his school loan. The credit card is under my name only, so it would only be on MY credit report. I realize my credit report can be requested by the loan officer and be seen by the loan officer. I'm wondering if I can possibly get through this WITHOUT my husband seeing the credit card balance. I've talked to one person (who works in the mortgage dept of my bank) and she said since everything about our credit looks good (high score, payments being made on time, etc.) that the credit report might not even be mentioned by the officer when it's time to sign papers for the house. I'm in KY, if that makes any difference.

PLEASE HELP.......I know it's my own fault that he doesn't know of the balance. I'm sick about it all and a nervous wreck. Please don't give me the advice to tell him...i just can't.

2007-07-19 10:48:36 · 5 answers · asked by Lissa 3

I was evicted about a year ago from now and was wondering how I can get it off my record? Do I just pay it back to the apartment company or is there a collection agency I contact?

2007-07-19 10:44:43 · 2 answers · asked by Anonymous

I have three weeks of timeshare that i wanna get rid of. Which website is the most effective, not too expensive and easy to understand?

2007-07-19 10:29:36 · 2 answers · asked by Cynthia C 2

how to buy foreclosed property from CHASE HOME FINANCE

2007-07-19 10:03:30 · 5 answers · asked by Anonymous

2007-07-19 09:47:11 · 3 answers · asked by Albert M 1

I currently work full time and live by myself. i will be out 4-5 weeks recovering from surgery. Is there anything in a lease agreement to make an extention on payment of rent, due to being unable to work?

2007-07-19 09:28:48 · 8 answers · asked by Anonymous

Have been apt resident manager 1 yr now for property management company in Oregon which acquires only low end dinosaur properties ($600 mthly & less). They send own maintenance 3 to 6 weeks after requests, entire office staff is inconsistent, they drive me nuts! My $600 rent is comped plus $100 per month. Have an opportunity to work for higher end company in different county for apt ($1,200 mo. value), health benefits, 401k, generous salary. 1st company has a "noncompetitive" clause for 3 years. Properties the 1st manages in no way competes with the 2nd company.
What can they do to me if I give the 2 week notice and go earn more money than what they will pay me?

2007-07-19 09:12:39 · 5 answers · asked by auntmartha 1

What are the laws and regulations involved? I have ran businesses before but this seems to be a very secretive industry. Any help much appreciated! Thanks

2007-07-19 09:09:01 · 2 answers · asked by Anonymous

My boyfriend and I are planning on buying a condo together. He wants to get a VA loan but it would only cover him because we are not married. They do not allow unmarried couples to get the loan together. Does anyone know if it's true that for a VA loan they only approve you for a certain dollar amount like $150,000? If so, could he apply for $150,000 from VA office and me apply for $150,000 from a regular bank? Has anyone ever heard of such a thing?

2007-07-19 08:59:09 · 3 answers · asked by Anonymous

In california

2007-07-19 08:44:06 · 3 answers · asked by geo i 1

fedest.com, questions and answers