Renting & Real Estate - August 2007

I saw my dream house, I've got the money for the rent and deposit, and I know I can afford it... but the agent is taking character references for all the applicants and is going to choose who he 'likes' best to get the house... is this fair/ethical? Surely they should give the house to the first person to confirm they want it and hand over the deposit etc?

I understand them asking for bank references, but I feel that kind of picking and choosing is unfair - I am a student with 2 jobs who has worked extremely hard to get myself into a better situation, my empoyer doesn't give references, and the other person who could give me a reference is on holiday! They are going to give the house to one of the working couples who both have jobs because it 'looks' better.

I'm gutted... do you think this is right? Or should it be first to the post?

2007-08-04 00:44:30 · 24 answers · asked by Anonymous

is this a good idea or are there hidden dangers when doing it. there are a few companys advertising on tv

2007-08-03 21:44:45 · 6 answers · asked by phil 2

We submitted an offer to the selling agent on a short sale property last week at full price. My question is... should the current owner sign the purchase contract
accepting our offer prior to submitting it to their lender? We have not yet received any word from the current owner regarding our offer and the selling agent said that she would be submitting it to the lender. I thought that the current owner of the property would still need to acknowledge and accept our offer prior to it being submitted to the lender for final approval. Thanks in advance for everyones help.

2007-08-03 21:34:57 · 3 answers · asked by Anonymous

If you buy a house from the owner directly, how much faster can u get the house and move in, rather than buying the house from a realtor?

2007-08-03 18:51:18 · 13 answers · asked by Mark1 3

My ex-girlfriend and I have a loan on a $100,000 home, we have been split up and I've been out of that house for over 2 years, took my name off the DEED, but not the mortgage. I haven't made any payments on the property since then, she is filing for chapter 7. As the co-signer what will happen to me? Will they come after me or am I protected since she is filing for chapter 7?
Thanks in advance.

2007-08-03 17:51:18 · 2 answers · asked by Wanna_Know 2

Due to some major issues I won't get into my credit has taken some major knocks in the past and now sits at a "fair" 621. We have great rental history, including a year and half in our current townhome paying $1000/month on-time every month and 3+ years in the apartment before that paying almost $900/month, on-time, every month. Now we're moving for a great job opportunity for me and I've found a great, 4 bedroom house at $1225/month.

My income will be more than 3x the rent, but the bottom of the application states "a credit score of 650 may cause application to be unacceptable. Management has the right to refuse this application if the credit check, employment verification or rental history do not meet our standards, or if another Applicant has better qualifications."

Now, I understand the concept that they have to pick and choose to whom to rent because they rely on us to make their livings, but I will always pay rent... Anyone in Property Management have an idea for me?

2007-08-03 17:32:02 · 4 answers · asked by GemGirl79 3

Upon making an offer on this real estate property, we were told that our good faith deposit check would not be cashed untill the deal went through and that amount would be deducted off the asking price OR returned to us if the property failed inspection. So I wrote out a check for $500.00 dollars and handed it over to my buyers agent who in turn forward it over the the sellers agent for escrow holding. The property failed inspection so I let my buyers agent know that I did not want to pursue the property. She agreed, and I asked about the deposit check (if we can get it back now) and she said she will talk to the sellers agent. I just checked my bank account and the check was cashed. She told me that they wouldn't cash it, why was it cashed? Did she lie to me?? It's it a normal thing to cash these types of checks so quickly even though she said it wouldn't be cashed??? I am so angry right now I don't know what to do. It's midnight, and I feel like throwing stuff around the house.

2007-08-03 17:13:10 · 9 answers · asked by Anonymous

2007-08-03 17:01:41 · 14 answers · asked by Anonymous

please be specific?

2007-08-03 15:50:26 · 10 answers · asked by evelyn t 1

2007-08-03 14:43:41 · 10 answers · asked by ? 4

2007-08-03 14:32:27 · 9 answers · asked by cheezelord 2

The landlord failed to provide oil on several occassions leaving us in the deep freeze AND failed to fix a water heater for an entire month. We received a letter from him in May stating that he was no longer going to provide oil for our unit. This was after he left us out in the cold at least four times wihtin the year and a half we lived there (In PA). My lawyer advised that this letter was a breach of contract and to give our 30 day notice advising that he keep the $400 security deposit and get the He_ _ out of there. He is now suing us for unpaid rent and damages that he claims in the house. We took numerous photos and we didn't damage a thing. What logic is this guy going by? Can he beat us in court?

2007-08-03 14:31:26 · 6 answers · asked by kimbrlyar 2

2007-08-03 14:25:45 · 2 answers · asked by thasmsgoattau 1

Thinking of buying a house in Greenville NC and don't know how insurance companies would assess the flood risk.

2007-08-03 14:13:43 · 8 answers · asked by Anonymous

my husband and I want to buy our first home, we have been living abroad and will be returning to the US... we have no rental history, and my husbands credit rating is poor. Would lease to own be our best option as we desperately want to own a home and get his credit fixed. Or are they just another scam?

2007-08-03 12:40:12 · 17 answers · asked by JazzyKat 2

I found a $700 a month apartment in Brentwood, CA on Craigslist. For some reason I responded with interest, as much as I'm a believer that if it's too good to be true, than it is. I've check up and researched everything, especially the "Yahoo Real Estate" escrow service. It's perfectly clear that this is a scam, I wrote "Paula" saying I was not comfortable sending a $2100 Moneygram transfer, could it be Certified cashier's check instead? She responds

"I understand perfectly your concern but this way is
faster and if the confirmation is faster I also can
book my plane tickets and come quick .
I have received emails from an insistent person that
wants to rent my apartment and he insists even I told
him that I start the transaction with you.
If you will not confirm the transfer today so please
tell me so I will rent my apartment to someone else.
Thank you very much"

I think these people are complete scum and I want to give them a headache like they give. What shall I do?

2007-08-03 12:08:02 · 10 answers · asked by Ryan T 4

Ok, we are renting a house and our lease isnt up until next June. The land lord moved out to California because his child was suppose to be in a movie or something. Well I guess that it didnt work out there because he wants to move back into this house. He wants to break the lease and kick us out by the end of the month. That is hardly enough time to find another house. We told him that if he did this we would need our entire security deposite back so we could get a new place. He said he would have to see the house and its damages first. That is rediculous! I feel we are doing him a favor!! On top of that he is already having his mail sent here and boxes fedexed for him here. He wants us to take it. On top of that I am pregnant and due Sept. 13th. I dont mind moving out but legally or something shouldnt he give us our whole security deposit back and maybe some more time to find a place. What can I do at this point? My fiance is soo scared to make him mad for some reason and I am fed up

2007-08-03 12:03:51 · 12 answers · asked by angel l 3

I purchased a condo with 0% down but now I cannot longer make payments. What are legal implications if I simply leave condo and return keys to the bank?
Thanks, Bart

2007-08-03 11:50:30 · 10 answers · asked by getlucky2 1

You can build 22 houses for sale or is just for invest.

2007-08-03 11:48:28 · 4 answers · asked by Mr. Graham 6

My wife and I are buying a home for around $210k in a rural town in VA. We went to a lender and were told that our interest rate would be about 6.5-6.8% and that it would be the same just about anywhere we went. We both have good credit (mid to upper 700's) and have a downpayment of $60k. The rate she quoted was for an interest only loan lasting 5 years. Given our good credit and downpayment, should we try to bargain for a better rate? Is this rate going to be the same every place we go? I just felt like she was trying to give us as little info as she could and making it seem like the rate she quoted us is our only option.

2007-08-03 11:35:22 · 12 answers · asked by GoTeamVenture! 2

I made an offer on a property that was advertised as "fell out of escrow!" That was five days ago. My understanding was that once the buyer makes an offer, the seller has 72 hours to reply or counter offer. I was told today that it is still coming out of escrow. But its been listed for two and a half weeks. The real estate guy I'm working with is not the listing agent for the property. Does that make any difference?

2007-08-03 11:21:37 · 5 answers · asked by rochellelhendrix 1

Doesn't have to be a amort. table, just some form of calculation.

2007-08-03 11:14:14 · 8 answers · asked by jgalang95119 1

I was trying to find out what was on the land my parents house was built on before the house was built. Could anyone give me any info on how to find out?

2007-08-03 10:59:21 · 4 answers · asked by tasha_boulware 1

Heres some info

I'm selling my house to friend for 24k, but it will be done in 4 years.

Ill recive $2400 the first month and the house will be payed in 4 years, ill still have the deed and he'll get it when i recive the whole amount, also if he stops payment for whatever reason all the money he gave me will be considered as rent and he will lose the option to buy.

Now heres the problem his wife came and told me to tell the lawyer that im selling the house at a much lower price then i am, at 5k.
She says that it will help at taxes. And then to make a different contract with him telling that he owes me 24k for some other reason or such.

Now i told her that its illigal, but i dont know the law.

Can you guys help me, i live in PA.

Can you guys give me the law so i can shove it down her throwt, so she'll stop bugging me with this.

2007-08-03 10:51:03 · 9 answers · asked by mike c 2

i want to clean up my credit so i can buy a house. im tired of renting. but after bills and stuff, i dont have a lot of money left. right now, im renting a house with my girlfriend. i mean rent is 825 a month. then im paying utitlies. i just wish i had a house. but it seems like there is no way to accomplish this goal

2007-08-03 10:49:11 · 7 answers · asked by daboywonder2002 1

if i want to sell something on ebay , how do i send it to the person, how do i know how much s-h is?

2007-08-03 09:57:00 · 4 answers · asked by Anonymous

in the last year due to foreclosures and deliquency ratings, what is the future availablity of a mortgage loan for a person with less than perfect credit?

2007-08-03 09:46:30 · 12 answers · asked by Buff 3

I looked at this small 2 bedroom apt for $685.00 a month. The entrance to the apt is a cellar door that stays open at all times. it is small but set up decent and can save money for a year.

2007-08-03 09:40:12 · 8 answers · asked by peaches7160 1

Does this already exist?

2007-08-03 09:29:10 · 4 answers · asked by Simone C 1

Obviously the purpose of a lease to purchase agreement is to sell so you would charge late fees first and what not,but what happens if the tenant/buyer is 30 days or more delinquent? Can you evict or must it be a foreclosure if there is a lease with an option to purchase?

2007-08-03 09:28:53 · 3 answers · asked by Wildfire 3