Renting & Real Estate - August 2007

2007-08-27 16:34:24 · 3 answers · asked by Peter M 1

I recently purchased a home in CA and the market dropped on the value of my home by about 60-thousand,and now I cannot afford the home. I have the home up for sale as a (hopeful) short sale and I was recently called by an investor who wants me to quit claim deed the home to him. Is this possible? If so, will I end up owing what is left? What is the best decision?

2007-08-27 16:09:42 · 7 answers · asked by Jen 1

We're 9 months into our lease and the landlord has just taped a notice to everyone door " 30 DAY NOTICE TO CHANGE THE TERMS OF THE RENTAL AGREEMENT".

I thought the landlord couldnt do this when you have a lease. Also; if they did change the lease, that would make the lease nul and void. We can move then with out contunuing the 12 month lease.
What can she do and what can't she do?

2007-08-27 14:52:32 · 4 answers · asked by mevanr8x7 3

we need a loan with a fixed rate and no advance payment....

2007-08-27 14:51:31 · 5 answers · asked by madmax 1

I bought my house one year ago at the time the then board president told me that they dont enforce the no commercial vehicles in plain sight rule.Well one year later new president,ECT........

2007-08-27 14:25:15 · 4 answers · asked by canogaal 1

2007-08-27 13:43:43 · 5 answers · asked by JENNIFER H 1

After living in the complex for quite a few years, we have a new landlord and they're turning the complex into Section 8s. Those who don't qualify for vouchers, are receiving notices for an incentive to move out.

2007-08-27 13:33:07 · 3 answers · asked by peaches6 7

Is this a reasonable thing to do? I have only been in my home for one year! I want to pay it off sooner. accellerated mortgage loan? is this a scam? I hardly believe anything the morgage company offers because the interest rates are a rip off. any advise all welcome!

2007-08-27 12:29:45 · 15 answers · asked by mahoganyd 1

I own a home in Gilbert, AZ. I have a loan on it for $290,000. I have had it on the market for $309,000 for a while but can't sell it (Unlucky me, it used to be worth $360,000.) My 3 Year ARM adjusts in February of 2008. My current payment with taxes and insurance is $1950. I can't rent it for more than $1400. When my rate adjusts my payment is going to go to $2300+. I can't find a loan to refinance it as all the banks have scaled back their LTV ratio on non owner occupied homes. I have great credit (720+.) I've already remodeled the home (i.e. it has granite countertops, new appliances, etc.) WHAT DO I DO!?!? PLEASE HELP!?!?!

2007-08-27 11:55:33 · 8 answers · asked by Arun M 1

2007-08-27 11:44:46 · 7 answers · asked by ynra BTB 4-18-09 6

I have not been able to sell my condo and I need a larger home. I need 100% financing but I do have enough for the closing costs. I owe 169K on my condo and its worth 186K. I make 60K per year and have a car payment of $400 a month, with no other debt payments. I am looking to rent my condo for $1100 a month but I do pay about $1400 for mortgage, fees, taxes, etc. I also have a 720 credit score.

Do you think I can get a fixed rate loan for 230K with 100% financing? If not what can I do?

I am going to the bank next week and I would like to have some idea of what my options might be.

Thanks for your input.

2007-08-27 11:43:18 · 5 answers · asked by jtis 2

Homes in our area have gone down in value and I just recently checked zillow..com and just realized I'm financing a home at 98% of the value of the home. We are in a financial bind right now (new baby, child care costs, etc) and need to do something. The mortgage is too high for us now. I don't have perfect credit. I just called my mortgage company and they said they don't have a program for me. I don't want to sell. Is there a way to lower the monthly payments? If additional information is needed, I'll try to update this question if needed.

2007-08-27 10:57:47 · 14 answers · asked by Anonymous

I have been literally stalking houses that have been on the Market since February in Frisco TX. Houses are not selling. They keep putting them on the market and off for a few weeks and then back on. Whats up with that? Why aren't the houses selling in Frisco? Is it the way they are build that people are not interested or what? Not only that but they are alot of houses for sale in Frisco, why? Why are all these people trying to sell their houses in the 75034 area? Please educate as to why?

Lauren

2007-08-27 10:42:55 · 3 answers · asked by K.S 1

2007-08-27 10:29:57 · 4 answers · asked by Anonymous

I have very bad credit. I am soo tired of renting. I want to try and finance a house. Is there any way possible to do so without a huge down payment. I have never owned a house before. Everyone tells me there are first time buyer programs.

2007-08-27 10:14:42 · 16 answers · asked by jodi w 2

2007-08-27 10:09:45 · 5 answers · asked by Anonymous

If I cannot consolidate my debt at closing, at what point can I reconsolidate my mortgage?

2007-08-27 10:04:12 · 8 answers · asked by lilly_belle82 2

I need secure overnight and long term motorbike storage in Central London near Aldgate East tube.. Does anyone have any ideas where I can go? A lock up garage or something like that?

2007-08-27 10:03:15 · 2 answers · asked by Jon P 2

How do I get a council house? or bump my point's up? is it worth me getting in touch with a local counceller have tried application forms but because of having no children or dependants I have to rent privatly and it is very expensive

2007-08-27 09:56:57 · 3 answers · asked by marg4kizz 3

I have a 40's concrete block home and I really had to fix it up, updating it, rewiring it, etc., but it seems like newer houses are built so shoddily, and they fall apart in 5-10 years, What do you think?

2007-08-27 09:54:34 · 14 answers · asked by Jungle Princess 2

so many homes in my area for sale.... is it selling season? is the market really going down....? or is it people just can't afford their homes... i want the truth...no bullshit please..lets be realistic....

Is it a good time to keep the house and fix it...or good time to sell the house?

2007-08-27 09:50:48 · 3 answers · asked by aemediacorp 1

My husband and I would like to form an LLC so that people that rent from us can have some one more official to write their checks out to how do we do this?

2007-08-27 09:35:35 · 2 answers · asked by sarah W 4

I am trying to get a house and it is hard because I have bad credit but I have bad credit and I am in need of a loan and everybody is turning me down, I just need help someone please help me or give me a website that will help me out.

2007-08-27 09:34:54 · 8 answers · asked by depressed04 1

It's a family members property. No lease in effect, just a letter given at beginning of rental 2 years ago.

2007-08-27 08:55:59 · 12 answers · asked by Anonymous

We have seen a new house we would like to buy and the builders want £500 to reserve a plot then 10% of the total 5 weeks later (£24000). Is this normal procedure? If the sale on our existing house hasn't gone through by then, how would be the best way to raise the capital? What recommendations would people have about where to live between seling our current home and our new one being finished?

Thanks!

2007-08-27 08:22:54 · 2 answers · asked by Bachus 1

Where can I find current statistics on national rates of appreciation for houses? Both on the national level and on the state level. I would like to compare states against states and see how that compares nationally. Any help would be appreciated. Thanks.

2007-08-27 08:00:51 · 5 answers · asked by GoodSonInLaw 1

Hello, I am buying my Fathers condo in PA with cash. Do I have to go to a title company...should I just get a real estate lawyer. Is there anything I should know---because I don't know much about this.
Thank you for your help.

2007-08-27 07:51:29 · 4 answers · asked by Jill 2

me and my fiance are moving because our lease is up in september. i need to look for a house in Illinios, missiouri, or california. nothing expensive...at all. i need a website besides craigslist. thanks

2007-08-27 07:50:02 · 6 answers · asked by Anonymous

but my credit is not very good. I had a bankruptcy 2 years ago (when I got divorced) and my credit has been shaky because I haven't been getting court ordered child support. Now that I am finally caught up, I am paying things on time and I can afford to buy a house, but I am worried that my credit won't be good enough. What are some things I can do to increase my chances of getting pre-approved for a home loan in the next 6 months?

2007-08-27 07:42:08 · 11 answers · asked by bonstermonster20 6

but she also has a house on her name in OR and a house on her husband name....long story short everything is upside down and she`s afraid she`ll lose the house if the morg. co. comes after her...the reason she`s losing the houses is the business went down..

2007-08-27 07:28:25 · 3 answers · asked by acmilan 2