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Renting & Real Estate - August 2007

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

im thinkin the seller profits the mortgage payments

2007-08-13 04:36:49 · 5 answers · asked by see see 2

2007-08-13 03:57:39 · 3 answers · asked by Anonymous

We are renting a house and just realized there are no smoke alarms, and nothing else to warn us if there was a fire. Isn't this illegal???? And what happens when we try to get renter's insurance?? ....

2007-08-13 03:45:14 · 5 answers · asked by mrs k 2

my apartment is in foreclosure, and i want to move in october. could i break my lease without punishment?

2007-08-13 03:12:09 · 2 answers · asked by Anonymous

I thought a home equity or a heloc as sometimes referred to can only take action if the first mortgage institution forecloses on the property. Can a second position initiate foreclosure?

2007-08-13 03:01:45 · 7 answers · asked by eddie a 2

Also, will it protect the wood from natural elements and termites? Any good websites that sell siding so I can get an idea of the options out there?

2007-08-13 02:51:33 · 4 answers · asked by Erica 5

I would like to buy a house and I don't have good credit, can I still attempt to buy a house. This would be my first time buying a house?

2007-08-13 02:43:56 · 10 answers · asked by mul4912 2

Visiting San Diego soon and might consider relocation out there. Any advice from San Diego dwellers appreciated. :)

2007-08-13 02:35:26 · 3 answers · asked by Anonymous

The property is located in Rochester, NY. The house contains 2 units. The upstairs is going month to month for $500, I want to raise it to $550. The downstairs is going for $500 also (Owner is foolish) and I want to raise it to $650 when the current tenants lease is over next May. Can I raise it that much? Any suggestions?

2007-08-13 02:33:48 · 5 answers · asked by theent1 2

I like this piece of property but the house is old and its not in the good part of town but not the bad part of town. I want to be very cautious if this the home i want to buy(59k). What is my next step if i want to purchase this home? This is all new to me. Do i get it inspected, make a offer....help!!

2007-08-13 02:30:46 · 7 answers · asked by Jansen Y 2

Is it better to first have the mortgage agreed and then apply for a loan or the other way round??
I am worried that if I apply for a loan it will affect the approval of the mortgage..

Our current pre-approved mortgage is up to £165.000 and the loan we would like to take is £8.500

2007-08-12 23:50:45 · 16 answers · asked by Anonymous

Here is the situation. I found a place to rent in May. It took until the beginning of June to get a lease signed, and I had to ask 5 times before I could get my copy of the lease. I was given multiple stories about when the past tenants were moving out and I could start showing the house to find roommates. I have basically had to beg for any contact with this guy, and the condition of the house has deteriorated since I signed the lease. I stated to him when I originally viewed the house that I would have to get roommates and could not afford the house alone. After many instances of deceit on his part, I ended the lease, prior to ever occupying the premises. He agreed to put the house on the market to sale as of 8/6/07 and that I would only be responsible for rent until it sells; he now says he has posted on 2 sites but will not post a "for sale" sign in front of the house. Per WA state law, can I break lease if he does not make effort to sell the home immediately as stated?

2007-08-12 17:49:32 · 1 answers · asked by candace_ndiaye 2

We're looking for a place that doesn't have a huge occurance of natural disasters (tornadoes, hurricanes, blizzards) and isn't completely flat, but also not up in the mountains.

2007-08-12 15:58:24 · 3 answers · asked by Anonymous

I live in the retirement state, Florida. I am on Disability, SSI, and Widows Pension. I know this is nobodys business, but mine. But this is also warning other people, before they decide to move here in SW Florida. All I get is a total of $583.00 a month and $10.00 in Food Stamps. My rent alone is $301.00 (housing). And since I live in Fl. A/C is a must, and my electric bills are between 100.00-150.00 a month. Not to mention my other bills. I just can't seem to make ends meet. I need to get out of this state fast.. Please help with some answers.

2007-08-12 15:22:20 · 3 answers · asked by coodaboo 1

I have had someone suggest to me that they feel that ALONG WITH it just being a "soft" market that maybe the R.E. agents are not making it any better by doubling your trouble and underpricing your home by 10K to 20K so that they may get your home to sell quicker and therefore they get their cut quicker.
If they sell only a few homes at the price that the owner actually wants to list at...it may take a little longer and therefore more of their time and effort is spent to actually earn that big share of the proceeds... then they might get money but not as much as if they undervalued your home in a CMA by 10K or more so that Yes it will sell a a bit quicker, but that's because you are practically giving it away at the price they suggest you sell at. For them it means they can sell 20+ homes a month and get more money than if they did it the way (previously mentioned) and get some money.
Their thinking "Sell one peach for $20 or 20 for $8 a piece". $160.
Any thoughts on this?

2007-08-12 15:08:15 · 5 answers · asked by mommagoose 2

I am looking for an estate agent serving Miles Close Thamesmead, SE28

2007-08-12 14:59:43 · 3 answers · asked by Ebi D 1

I found a mobile home I like that is for sale by owner, when my agent contacted the seller, they said they are not willing to work with my agent because the price of the mobile home is so low, they do not want to pay a commission. My agent told me, that I would have to pay the commission. Should I cancel my buyer agreement with my agent and work directly with the seller. Thank you

2007-08-12 13:10:32 · 8 answers · asked by Anonymous

Can anyone explain in simple tearms what is happening? I am in the process of buying a home, and all this news is quite worrisome.

2007-08-12 11:57:25 · 13 answers · asked by jes 1

Eviction problem?
my question is about my neighbor. he is living in a house that was abandoned by his nephew. he is allowed to live there by his nephew. he has permission. he decided to rent some rooms out to some friends and some other guy. but now he wants to evict one of them but the guy doesnt want to leave. the guy says that the house isnt his and he doesnt have to pay. what can he do to kick him out? thanks . i live in CA. contra costa county

2007-08-12 11:29:48 · 3 answers · asked by karla3211 2

Have 6 months to move. Our house went on market 5 days ago, priced $15K below comps--homes are selling within 4-5 months at 15K more than we are asking with two homes closed in the past month, so there is activity here. Had deck rebuilt 2 wks ago, landscaper hired so yard looks fabulous. House painted inside, house made no-maintenance outside with lifetime warranty on all materials. Had house inspected and everything brought up to code, all new appliances in kitchen. A buyer came to see our house twice today, and their agent called ours to say there will be an offer tomorrow, BUT we it will be a very lowball offer, with a 2 week closing, and asking for full closing costs as well. Reason given was that buyer's parents told her to lowball because she could get it for "nothing" in this market. We are willing to go down another $5K ($20K under comps), but no more, and we would need to close in 30 days so we could find our new home in another state. Should we just counter with this info?

2007-08-12 11:06:08 · 5 answers · asked by Anonymous

i'm renting to own a house....
i've got a question....i'd just moved in my house for renting to own..me and the landlord had a agreement that i would pay her $1400 to moved in...which i did..but then as soon i moved in she mailed me another contract..but on the contract she asking me another $1200 for security and cleaning deposit.(when i moved in the house it was dirty.....3 bathroom wasn't clean,never painted, carpet was never shampoo the last person who was living at the house left so much stuff and back door screendoor is broken, no light bulb at master bedroom and no washer and dryer....
NOW THIS IS MY QUESTION
DO I PAY HER $1200 MORE FOR SECURITY AND CLEANING.........AFTER I ALREADY GAVE HER $14OO AND SIGN THE CONTRACT....???????

2007-08-12 08:41:15 · 5 answers · asked by GC 1

Are there any issues in renting an apartment to a software company as a guest house for their employees? How is it different from renting to an individual?

2007-08-12 07:55:04 · 6 answers · asked by RG 1

Hello,

Family and/or job circumstances are requiring me and my family to leave out of town, in fact, out of the country. Therefore, I need to break my rental agreement. I am located in Massachusetts and we have a standard Mass lease agreement.

Obviously, we would like to be able to break our lease without paying any fees and/or penalties.

My question is, what are our options under Massachusetts law?

We know that we could attempt to find another tenant and if our landlord agrees, everything would be all set, but we have a limited time left in the country and we may not be able to find a tenant on time. On the other hand, I wouldn't like to leave the landlord high and dry and just pack up and leave; besides, there is a chance that we might return back to Mass in a couple years, so we would rather not be in any legal/financial trouble (like having our credit history damaged, etc).

Thanks in advance.

2007-08-12 06:38:24 · 5 answers · asked by Anonymous

I've been considering buying a home, living their for 6 months, turning it into a rental property, and buying a new one the same way to do the same thing to.I intend on using an owner occupant mortgage to accomplish this. Is their any legal pit falls that I should be aware of?

2007-08-12 05:52:31 · 7 answers · asked by Natasha G 1

I was wondering homes that are foreclosured and sold are cheap because I saw on tv that I woman bought a $1.5million home for like $600,000 from an auction(not a ad or infomecial) . Am I imagening or is there money to be made in foreclosure homes. Can homes be that cheap?

2007-08-12 05:45:52 · 7 answers · asked by youngsincere88 1

I just got a new payment book and my payment went up $300.00 more. Is because the taxes or insurance went up?

2007-08-12 05:40:19 · 9 answers · asked by fallguy2004 3

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