Renting & Real Estate - September 2007

I have a signed P&S with all contingencies met. The SELLER is now stating they won't close because they failed to read a refinance agreement they took on this, their existing house, that carries a prepay penalty. This penalty kills the deal on the sellers new home financing. Nine days till closing and if they don't sign I will lose my lock on a pretty darn good financing deal of my own. I will contact an attorney the first of the week. But in the mean time anyone have thoughts on this?? The P&S seems locked up in my favor. They can't just back out can they. Can they be liable for my legal expenses and any possible rate increase on my loan if I lose this lock?? Thanks

2007-09-02 11:00:42 · 5 answers · asked by Spaghetti freddy 1

i have a 7 person family living in a 2 bed trailer. we need asap a bigger place at LEAST 4 bedrooms. it needs to be in the andrews nc school district in or out of city limits allow pets can rent up to $650 a month but no more. would like to owner finace home if possible if someone is willing to work with an honest family who just needs a break. can anyone point us in a good direction so we can get our break PLEASE

2007-09-02 10:28:45 · 3 answers · asked by angelwithadvice 3

2007-09-02 09:55:45 · 4 answers · asked by Madmen22 1

2007-09-02 09:41:24 · 1 answers · asked by josephawier 1

I'm considering buying some beachfront property in the mid-atlantic region. It certainly seems that there is a definite trend toward more hurricane activity. Beach erosion alone would be a major concern. Its been our dream to own a modest home on the beach. It would be our only home. I wonder if I wouldn't be taking a higher risk considering the evidence that the storms are escalating in number and strength. Any comments? Thanks.

2007-09-02 08:23:12 · 5 answers · asked by tom c 2

2007-09-02 08:14:40 · 5 answers · asked by Robbin H 1

Work? I pay 850 a month and when I moved in the deposit was 850 as well im am sure I wont get the whole thing back but will I get any of it back as I will be leaving th place clean and in good condition...I am moving out of sate and dont have a forwarding address yet any advise.

2007-09-02 07:45:50 · 4 answers · asked by abmexboi 1

WHAT IS THE TIME FRAME SHOULD I KNOW WHAT MY CLOSING COST WILL BE? WHAT IF I NEVER RECIEVED A GOOD FAITH EST BEFORE CLOSING

2007-09-02 07:43:18 · 5 answers · asked by REGINA B 1

i need to know because i want to buy the central a/c with heater for the whole house.

2007-09-02 07:18:59 · 9 answers · asked by Anonymous

GETTING DIVORCED AND HE LEFT ME IN A WORLD OF DEBT

2007-09-02 07:14:55 · 2 answers · asked by krosebud2002 1

this would be our first house.

How much is a typical down payment?

How much money do we both need to earn/make to get a good homeloan?

2007-09-02 06:48:46 · 4 answers · asked by shannonforpeace 2

Say I want to loan a property owner $1,000.00 to have some work done on her house by a third party contractor. What is the best way to record this note and protect my loan to her? Am I able to file a lien on the property without being a liscensed contractor? Would it be easier just to record a 2nd mortgage on the property?

I'm not sure about hoping she pays and suing her if she doesn't, it seems very hard to collect judgements through the court. I would much rather just file a lien or a mortgage, any advice.

Thanks,

2007-09-02 06:40:28 · 12 answers · asked by Anonymous

Several years ago when we remodeled and added on to our house, we stained all trim, stair rails and doors. Our front porch and back deck are also stained (can you tell my husband likes "stain"?) Now we are ready to sell. I know it won't be a great expense, but is it worth the time to paint the trim before putting our house on the market? All rooms are some varying shade of a neutral beige/tan color. Carpet is "speckled" with brown shading. Kitchen floor is stone. Dining room hardwood. What would be your preferences if you were looking?

2007-09-02 06:30:01 · 5 answers · asked by Anonymous

My husband and I are looking into a house that we want to buy. My husband has the only income right now because I am a full time student. We have hardly any debt, good credit and we have co-borrowers. We qualify for first time home buyers. The problem is we have two kids and bills so we have absolutely NO money to put down. We love the house we want to buy and it is selling at 99,000. We can only afford payments of up to $700 a month. So should we do it or should we just rent until I get my job?

2007-09-02 06:00:27 · 10 answers · asked by ? 2

What is a usual down payment on a house?

What kind of money do I need to be making in order to get a nice loan amount for buying a home?

What is a standard monthly payment? (I know this varies, but on average what do people pay?)

Thank You very much!!

2007-09-02 05:48:29 · 4 answers · asked by Jason 5

I live in Aventura,FL and I been in this apartment since May, my second month here I got served with papers from her bank. I spoke to landlord and she said she was working things out, even so I kept getting letters from her bank and lawyers, and just 3 days ago I got a letter from the court WITH MY NAME stating that this apartment is on the process of foreclosure. I just would like to know if I could move out without getting into any legal trouble. Could i ask landlord if she would consider ending my contract? I just cant deal with this.

2007-09-02 05:40:52 · 2 answers · asked by anadali 2

I'm writing a story where a young high school girl lives in an apartment, I was hoping the minimum age to live in an apartment would be 16, but now I'm thinking you have to be 18. So what's the deal? Can you live in an apartment alone at 16?

2007-09-02 05:36:57 · 2 answers · asked by Anonymous

I am planning a purchase in La Paz MX and I had signed a contract when thigs were hot. Now what is the situation. I am not there to know

2007-09-02 05:15:31 · 1 answers · asked by hwood 1

I am involved in negotiating a short sale on a foreclosed property. The bank says no sale proceeds to owner, which is typical and understandable. The owner, a packrat, has agreed to completely clear the house of massive debris (i.e. provide a service) for a fee, which will help her with moving expenses. So this fee is for a "service" (not for sale of the home) and will not appear on the closing forms. Therefore, this owner wants proof somehow that I will pay her at the end. How do I set up an escrow situation for this "fee" payment. After closing, if she cleans house, I will give money. Do I go to a bank? Do I go to a court? Not sure how to set this up. Please help. :)

2007-09-02 03:55:38 · 6 answers · asked by Anonymous

personal issues aside...i just want to know if we'll be denied or frowned upon by a lender because we want to buy a house together but aren't yet married.

2007-09-02 03:45:05 · 6 answers · asked by kestrelk8 6

Where do you Find properites that are for sale before they hit the market ? ( before the public see it ) is there a website? got to be because these house are selling the first day listed

2007-09-02 03:32:48 · 3 answers · asked by in2handbaghelp 2

2007-09-02 03:05:56 · 2 answers · asked by annette m 1

I have got the house 22 months ago. It is financed by PHFA. We have to relocate to another state. I wonder if there are restrictions for us to rent this house to somebody else

2007-09-02 02:56:58 · 2 answers · asked by mouskeer 1

2007-09-01 16:46:55 · 3 answers · asked by Anonymous

Can anybody help me find apartments that rent by the week and dont do any credit checks. Everywhere i go its a hotel or its only renting by the month. I have to leave in 2 days. I am short on cash because i didnt know i had to leave so soon.

2007-09-01 16:38:25 · 1 answers · asked by Anonymous

can anybody tell me the proper name of the people who buyout your personal belonging like just stuff piled up in a garage or basement. i heard of these people before whoo just buyout everything in bulk without picking through it, but i dont know what to look up so i can do this. is there a name for this type of business?

2007-09-01 14:31:30 · 4 answers · asked by hunterdoo99 4

I am one of those home owners being hit with an ARM! My ARM term changed this summer and my payment increased about $350 more monthly. I was thinking of a refi to lock my interest (probably will end up paying about the same monthly amount as I am now) but would get cash out to pay off my credit card and my husband's car (taking care of those two monthly payments) and leaving enough for a rainy day or month! On the other hand my friend told me that because of the mortgage crisis, many banks are letting borrowers get into another program. She told me to call my bank and tell them I can't make those high payments and they would probably rather give me the original payment (or close to it), change my loan terms without any refi closing cost associated with this and prevent foreclosure, but won't have any cash out options to eliminate the two debts I need to take care of. Status quo is not an option because I can see myself losing the house in a year or so if I don't eliminate some debt.

2007-09-01 14:03:00 · 3 answers · asked by lasm97 3

2007-09-01 13:32:20 · 9 answers · asked by Jane Williamson 1

rent one without having a roommate

2007-09-01 13:21:53 · 3 answers · asked by Madmen22 1

My land lord who use to live in this home rented it to me because he was moving out of town to help a sick relative who recently died. Now he wants his home back. I am on a lease, I have never been late with my rent but he still wants his home back. He asked me if he would give me back my deposit and a glowing reference would I vacate so he can move back. I said no. He then wants to remove some of the furniture from the house, ( I rented it furnished) What should I do?

2007-09-01 12:22:28 · 17 answers · asked by Anonymous