Renting & Real Estate - July 2007

My home was recently damaged by a flood. I am having to fill out information with FEMA and the Red Cross, etc. And I am also having to apply for permits for repairs. Since I am buying the house on contract from the owner (the contract is for 10 years, I have < 2 years left) and not thru a bank, am I considered the owner? Or is the person I am buying the house from still considered the owner?

2007-07-13 06:45:02 · 7 answers · asked by duncan_jr 1

Here is the scoop, metro DC, is an expensive area, and I found this CHEAP condo at $75K, 2BR, 1.5BTH, BUT I don't want to work with my own realtor b/c it will cost me, and I just barely have enough for this place as is. Now I would like to negotiate it and have him pay closing cost, because it would cost me about $5K. So how can I go about negotiating the price down? Please help, thanks

2007-07-13 06:36:38 · 9 answers · asked by T-girl 3

I saw something that said C-3-G Commercial District and have no idea what it means. So I'm wondering what the different types of zoning are.

2007-07-13 06:11:26 · 7 answers · asked by marcz007 1

How much would this mansion cost if you built it on 3 acres of land with a forest preserve in your backyard and a waterfall but your neighbors are miles away and its in the middle of nowhere (summerhome)

2007-07-13 05:51:36 · 8 answers · asked by Anonymous

I have a contract to buy a house, I was suppose to close yesterday, 7/12, as stated in our contract, but my loan officer is not done with my mortgage.
The loan officer says we will be ready to close on 7/16...Now the seller and their agent are angered and have relisted the home (which was on the market 9 months when I made an offer) and claim they can keep my earnest money, and void any contracts.

Both the buyer (me) and the seller's real estate agents have now become worst enemies, and are threatening legal action...I'm shocked!

Just wondering if the seller can legally keep my earnest money, and relist because I'm a few days late to close due to my loan officer?
Are they overreacting? Am I screwed?

Need advice please!

2007-07-13 05:46:34 · 15 answers · asked by erinjanae 2

2007-07-13 05:32:33 · 4 answers · asked by jbird_19841 2

my realtor had me sign a pc of paper when our listing ended for extension,now we are 5 months into 6 months and for reasons not disclosed here,i want to have another rep,but not be bound to a commision to first realtor,in nj

2007-07-13 05:23:23 · 6 answers · asked by crazy b 3

I am on a lease and my apartment is full of roaches and clogged drains. Manager is not ready to fix it, inspite of several reminders. Who should I talk to get me out of this problem? Can I sue the management for this?

2007-07-13 05:14:30 · 5 answers · asked by sb 1

How can I know whether to purchase title insurance for a home purchase? Apparently, title insurance covers the financial loss due to an unforseen legal claim against your right to ownership (such as an unrealized inheritance from a previous owner, unidentified liens, etc.). In most cases, title insurance for the lender is mandatory, but that just covers the lender. I am told that owner's title coverage will cost us around $400. That seems like a lot of money for an extremely small risk and is cash that can be used for dozens of other needed repairs. My real estate agent says that he has never purchased it for himself and that some people get it and others don't.

What would be a good basis for purchasing title insurance, and under what "safe" circumstances might it be considered flushing money away?

2007-07-13 05:11:47 · 7 answers · asked by fluvial_shell 2

along with my home payed for and net 75k per year

2007-07-13 05:08:09 · 6 answers · asked by tndrytime 1

I own a home. It has been empty since August of last year. We tried to sell it for six months, no go. Now we've had it on the rental market for nearly three months, and though there have been nibbles, no bites yet. We signed a year contract with our property manager, but not being rented after three months has me doubting their prowess. Do I have a right to get out of the contract, or am I stuck?

The house is in the Denver area.

2007-07-13 05:01:08 · 4 answers · asked by Anonymous

I am just wondering if there's any way I can buy a house with no down payment, low interest and no PMI but can still get a loan.
If yes... How?

I do have good credit score tho!

2007-07-13 04:53:12 · 6 answers · asked by F T 2

My gradmother in italy has died, and didn't have a will for the house that she had. So the house has all gone to the kids of the grandmother. There is one child that lives in Italy (all others in england) that doesn't want to sell the house. What can we do to sell the house?

2007-07-13 04:31:12 · 12 answers · asked by Bernese 1

How do I know prospective buyers are truly qualified to even purchase a home?

2007-07-13 04:25:32 · 6 answers · asked by Dan S 2

2007-07-13 04:00:15 · 5 answers · asked by choco fego 3

Please if you thought you could afford a 500,000 dollar house and you only make 50,000 a year, you are just too stupid. Throw all the bums in jail

2007-07-13 03:50:03 · 7 answers · asked by Anonymous

I live on a farm and I'm having a site evaluation doing on one of my front fields. I found one property stake but I can't find the others. The field is along side the road with a house on either side and is seperated from the rest of my property behind it by a small ditch. I found one of the front corner property stakes with my metal detector but I can't find the other. I also have the deed to the property which gives coords and time's. ie; 58 South 4 minutes 36 seconds etc..
Since I have all this information should that make having it surveyed cheaper than normal?

2007-07-13 03:39:11 · 6 answers · asked by gpwebbler 1

According to my lease I can only have one AC. But I have more than one bedroom. So I installed another one. It's summer, it's hot and my loved one who lives in another room has to stay cool too. Yesterday we received a letter from Landlord, saying that we have to pay $5 per month all year if we want to continue using our second Air Conditioner. Is there anything legal we can do if the person in that room is over 60? Or maybe there is some legal loophole. Please help.

2007-07-13 03:17:31 · 6 answers · asked by Anonymous

2007-07-13 03:11:25 · 9 answers · asked by gallaher9 1

I'm in the process of searching for an apartment (my first apartment). If I like 2 different apartments, should I apply for both to see which one I get and then decide which one to move into? What are the chances of getting your apartment application declined/rejected?
Background info: This will be my first apartment so I have no rental history. I'll be starting grad school in Sept. and I'll be paid a yearly stipend, but I don't have a current job. I have no credit cards just student loans which will be deferred while I'm in grad school. Right now I have enough saved up for 1st, last, and security.

2007-07-13 03:04:45 · 5 answers · asked by klutsylee 1

As stated above, I will be moving, but I need to refinance my mortgage ASAP (5 year fixed up in October). What is my best option so I do not have to pay any penalties/fees when I go to sell? Thanks for your help! If you need more info, please post for me to read and I'll respond. I live in Illinois.

2007-07-13 02:56:19 · 3 answers · asked by sunnyteach25 2

Why?

2007-07-13 02:29:21 · 4 answers · asked by Daniel H 1

2007-07-13 02:21:53 · 5 answers · asked by Sailor 1

2007-07-13 01:40:05 · 15 answers · asked by mark c 1

I am trying to get an apartment and was wondering how good your credit has to be. I have only had 2 credit cards in my life and one was wells fargo that had a 60 day late payment on it in 2005 and then the account was closed.The other credit card is in good standards.My credit is about 610. I was wondering if I should get another credit card to build my credit? Will that help?
Also how much more than the rent do you have to make a month?
Thanks!

2007-07-12 19:44:51 · 3 answers · asked by Anonymous

How can people afford to live in California?
The jobs don't seem to pay any higher than here. The math doesn't add up.

$200,000 will get you a decent new house here in a good neighborhood. Dumps like the one in the link go for less than $10K here.

http://homes.realtor.com/search/listingdetail.aspx?ctid=1557&ml=3&mxp=22&typ=1&sid=c8b1311c28424b22b78529aab496c19a&lid=1057729222&lsn=5&srcnt=13#Detail

2007-07-12 19:05:19 · 6 answers · asked by Anonymous

landlords are asking for first and last months rent for a deopsite as well as a pet deposite that is anywhere from $300 pre pet to 1,500. i know that they can do the first and last, but from what i have been reading that is all they can charge and not the pet dep, is this right???

2007-07-12 18:11:59 · 2 answers · asked by skber 2

It is a tasteful paint-job that I had professionally done. The bedrooms are bright colors, but it's not like I've spray painted or chosen to paint my dining room black! I have also rebricked the patio that was falling apart and added a built in bookcase. He has never taken care of the property, made us pay up front for repairs on a falling down fence, told us to put down traps when we reported rats in our garage / yard and also took two months to repair the fireplace hearth when it dropped out from under my husband, causing him to fall with the hearth into the crawl-space under the house.

2007-07-12 17:59:02 · 7 answers · asked by msmuggles 1

I'm closing on a house tomorrow and today I did the final walk thru. They sort of cleaned out the fridge, microwave dirty, and floors are not vacuumed.
In my contract, the seller is supposed to clean before closing. I asked my agent what can be done and she basically said not much but she will ask.

I don't want to clean up with what they left behind. it's almost like cleaning up after children. I intend to clean anyway but I don't feel I should close on a house that was dirty after they moved out their furniture. can someone give me advice? Closing is set for tomorrow afternoon.

2007-07-12 17:19:48 · 20 answers · asked by m_harvery 3

Hello! My lease was up on July 1st, but our landlord left for the month and will return in August. I have heard that in New York state leases automatically renew for another year once you surpass the expiration date of the lease. We recently found a house we want to buy, but obviously if we are locked into another year at our rental that could make things more difficult. We haven't signed a new lease yet. Are we currently month-to-month until we resign or are we in for another year? Thanks for your help!

2007-07-12 17:00:04 · 2 answers · asked by mhcrugger 2