Renting & Real Estate - July 2007

Our rental property has been damaged by 2 floods in the last 10 days from sudden downpours.
We're not the only house in the street that's been damaged as water is coming up the drains outside the properties and then flooding under the doors.
The electricity has shorted both times, the floor boards are all damp and stinking (carpets got ripped up after the 1st time), there's a visible inch of water underneath the floor, plus we had raw sewerage coming out the drains in front of the house. Add all that to the fact that we're likely to flood again if it rains more and I don't think the house is safe and fit to live in anymore.

Our contract states if the property is uninhabitable we're able to reclaim rent from our landlord - does anyone know how we go about doing this and who classifies it as such?

And even if it is decided it's habitable, are we liable to some sort of rent deduction/compensation as the flat obviously can't be worth what we're paying for it in the state it's in?

2007-07-16 06:51:03 · 5 answers · asked by digsy 2

2007-07-16 06:04:18 · 15 answers · asked by wayne b 1

Our family is lookin gfor a 2 bedroom appartment in rockland county itself . we live in Piermont right now . does anyone know where shall we look for appartments or any good appartment deals around 1,600 dollars? please help . because this place is killing me inside . it has so many memories that it's just painful thinking about staying here one more second . Thankfully our lease expires soon and they want around 100 families or so in this appartment complex ( where i currently live ) to vacate ASAP.
Thanks in Advance
...

2007-07-16 05:54:01 · 1 answers · asked by Anonymous

My current lease is ending on July 31. In the new lease, the rent was increased by $40, and there is no longer a grace period. The old lease states that rent is due on the 1st of the month, and if not received within 5 days of the due date, a $100 fee will be imposed. The new contract states that the new rent amount is due by 5:00pm on the 1st of the month. Beginning at 9:00am the next morning, a $50 late fee will be imposed. And an additional $50 is due for every week that the rent is late.

Our landlords never gave us a problem with anything. We've always paid our rent and we never really heard from them for the entire year. The landlords know that I use my GI Bill money to pay rent. I can verify my amount on the last day of each month, and I receive the funds electronically within a few days. Therefore, we've been paying rent within the first 5 days of the month for the past year.

Are there laws in PA regarding a grace period?

Anyone else in a similiar situation?

2007-07-16 05:47:43 · 6 answers · asked by Anonymous

My husband was laid off for six months, that is how we got behind on payments. He is back to work, but we don't know what to do from here. Do we rent? We have a family of 6. Will even a rental accept us because of past credit?

2007-07-16 05:43:10 · 6 answers · asked by sept12 1

my kitchen cabinets detached from the wall the entire unit is destroyed. I did a home inspection, I worked with a realtor to get this home, I alsod received down payment assistance from the county being that I am a first time home buyer. Where did I go wrong. I contacted the company that we currently have warranty with and they stated that the cabinets is not covered. Please someone what are my options? Can I take these people to court without a lawyer and do it myself in small claims court?

2007-07-16 05:26:17 · 8 answers · asked by lovesponge09 2

Me and my fiance bought a home, now his family is residing with us temporarily. It has been a year, the loan is in both our names. How can I get out of it? I has been only 3 months since we bought the home.

2007-07-16 05:24:41 · 3 answers · asked by lovesponge09 2

I am a full-time student, and I am looking for a studio to rent for up to $450/month near UIC or Uptown Chicago.
Would you please help me one?

2007-07-16 04:59:11 · 3 answers · asked by farshicago 2

We've been looking to buy a house for quite a while now.
Our credit sucks, but we've been working on it for 6 months now... got a secure credit card, pay all bills on time etc.. but the score has not gone up even one point yet...

We're trying to save for a down... but can only come up with 5% because we're trying to make sure all other bills are current (We have 2 sons who take up a lot of the budget)

We've been looking into the rent-to-own or lease-to-own option, but everyone just seems to want to take us for a ride, and rip us off.

I just don't know what to do anymore, I want to get into a house so desperately... we're paying $1200/mo in rent for a crappy apartment.

What else can I do to make this happen sooner?

2007-07-16 04:48:13 · 10 answers · asked by Mom2Boyzz 3

4 years ago, my friend bought 4 rental units. He has had nothing but problems and it's getting worse. Tenants don't want to pay rent, he has to go to their doors in person to get them to pay, he has to miss time off work to go to court to evict them, tenants are constantly calling him to fix things, he's doesn't get to spend enough time at home with his wife and children... etc. He wants to get rid of the properties altogether. The properties have been for sale for 6 months now, and no one has interest what so ever in them. What can my friend do to sell the properties? He said that there's nothing he can do but advertise and just wait for someone to purchase them. But, isn't there something else he can do?

2007-07-16 04:45:04 · 6 answers · asked by ☆skyblue 7

2007-07-16 04:12:50 · 4 answers · asked by Anonymous

I am renting a condo and it is not up to Virginia building code. I did not know the code before I moved in. The condo does not have a deadbolt lock and does not have a bar on the sliding glass door. Virginia building code says there has to be a deadbolt lock on the door. My landlord refuses to fix it, can I complain to the condo association? They charge a move in fee and I have to pay pet fees, etc. to them, but they didn't make sure the condo was up to code! The handbook for the condo association says that it is the owner's responsibility to maintain locks. What can I do?

2007-07-16 03:56:29 · 3 answers · asked by Miss Alison 2

2007-07-16 03:39:34 · 3 answers · asked by Questinaire 1

2007-07-16 03:22:14 · 7 answers · asked by toomuchmoney 1

I'm wondering if there is any advantage to budgeting the money to pay our taxes ourselves instead of including it in our mortgage payment each month in order for the mortgage company to pay them, which they do on a quarterly basis.

2007-07-16 03:19:26 · 6 answers · asked by Monica P 3

I mean they are asking for new things that weren't even in the home when I bought it three years ago!?!?! We've given them almost everything they want, and they still want more! I don't want to pay for them to get all these new improvements when I lived without them for three years. This is just ridiculous! We're closing on a new home the same day we're due to close on our current home - and we won't able to if our sale doesn't go through. So it's either give in to all their stupid demands are the deal falls through and I lose my $1,000 deposit on the new home. I don't know what to do.

2007-07-16 02:29:51 · 8 answers · asked by Anonymous

I was late paying on my water bill which is paid to the apartment complex, and i came home to an eviction notice. The water bill was only $30. Can i really be evicted for this? Isn't the first recourse to turn my water off?

2007-07-16 02:24:24 · 3 answers · asked by Shani Y 1

I plan on retiring in a couple of years and then relocating. I will not be working after I retire. Since most mortgage qualifying information revolves around one's employment income, is it possible to qualify for a mortgage based only on my savings and payments from Social Security?

2007-07-16 01:07:53 · 7 answers · asked by fredbarbs66 2

I'm a freelance web designer and I'm having problems figuring the right price to charge my clients. My parents and friend says I should charge more. But then some of my clients will say that they can't afford it .. can you reduce the price...etc..etc.. I'm happy to design for them and help them promote their business online.. but if I continue like this I'm just covering my cost and my financial situation is stagnant... my savings is just increasing really slowly... should I be patient or charge more ?
I mean.. even a guy that drives a mercedes says they can't afford it. Or a businesswoman who owns several businesses and has a nice house says they can't afford it.

2007-07-16 00:56:54 · 10 answers · asked by ladybug21 2

2007-07-16 00:21:43 · 4 answers · asked by gailbeckwith1 1

2007-07-16 00:06:53 · 2 answers · asked by kathleen M 2

Just bought a property and dont know to pay interest rates and get another or just pay the full loan amount!!

2007-07-15 23:42:02 · 5 answers · asked by Anonymous

on August 1st will we enbrace this new legislation or not? (UK only)

2007-07-15 23:37:19 · 4 answers · asked by big D 2

I want to purchase an undervalued single family home in las vegas. It is comped at 570-600 thousand and others in the area are listed in the 650s and up. Its a 3300sq ft 4 bdroom home. they are taking offers for 4 weeks and the listed price is 400k. They said that the best offer after the 4 weeks will get the home. if I offer 425k and get the home, will i be able to cash out refi immediately for 525k plus Closing costs and pull out 100k, then put in on the market for 565k. Would that be a smart move or is it illegal to refi within a year?

2007-07-15 21:46:04 · 2 answers · asked by garalex2121 2

Hi all,
I had interviews with the above companies but so confused to pick one. KW seems to have great training and support (word of mouth). But they all say great things about themselves. Anyone who has info on these companies. Please help....NEW agent anxious to start new career.

Thanks

2007-07-15 20:52:21 · 7 answers · asked by T. 1

2007-07-15 20:41:44 · 2 answers · asked by R K 7

So I had a bad experience with my last realtor who was always trying to up the price of what I could afford and it would "just be 40 dollars more to live in a place that you really want".

So I complain about it to my friend who recently got his licence and I told him I got a new realtor. Then that friend is all of a sudden looking for a home for me, and has found the "PERFECT" home he says, and he seen it, and it is "JUST RIGHT FOR ME" and he knows the guy trying to sell it and he is a "GREAT GUY"

I am sick of realtors. After all that both of these guys don't have a clue. I am sick of re-explaining what I want in a home.

Just because I am a young woman, and a first time home buyer does not make me dumb. HELL NO i am not paying 210,000 to live in the ghetto!!!!

2007-07-15 20:07:05 · 6 answers · asked by Okay Hero 2

2007-07-15 19:11:43 · 7 answers · asked by Anonymous

I'm thinking of taking courses online to get my license.

2007-07-15 19:01:27 · 5 answers · asked by srainriven 1

What all is he looking for? My realitor said he needs to come in the house im just curious what he checks. I cleaned my butt off today. I hope it was worth it!

2007-07-15 18:54:58 · 6 answers · asked by free taco 1