Renting & Real Estate - October 2007

do you think that is fair or not, and why.

2007-10-26 00:27:18 · 6 answers · asked by sophieb 7

The normal comission is 3% for each, which is 6% total for buyer and seller agents. I wonder if this rule can be broken? What about 2% for each? With the slumping housing market, I think 6% is too much. What happen if I want to sell my house and offer it at 2% each. My property price is around half million

2007-10-25 23:11:06 · 8 answers · asked by zephyrs 2

2007-10-25 23:09:34 · 9 answers · asked by pj 1

My husband and I want to move to Raleigh and buy a house and possibly settle, but we're not sure it would be appreciated if we would instead decide to sell and move in a few years. Any information on the market over there would be helpful! Thank you!

2007-10-25 20:33:36 · 5 answers · asked by Marlee W 1

I know how to find sold prices for each individual flat but that doesn't tell me if they are 1, 2, 3 etc bedrooms

2007-10-25 20:21:34 · 3 answers · asked by Anonymous

can I refinance a first morgage if i have a second morgage also? but i do not want to refinace the 2nd one?

2007-10-25 18:14:08 · 5 answers · asked by Eva Daniel Rn 4

2007-10-25 17:57:49 · 6 answers · asked by fromdal 1

ok so my father is kicking me out of the house and i got only 100 dollors im going to a part time job but still wouldnt i be qualifed for rental asstence. or are there any programs that can help me out.

2007-10-25 17:49:34 · 3 answers · asked by jerseygirlprincess 3

My husband and I are trying to refinance our home. We have been here for a year now. Right now we have ARM rate at 11.4%. My lender called me today and said they can get us a fixed rate at 7.5% with all the closing cost "rolled over" into the loan. And all we have to pay at closing is $76.00. She said our house payments would go from 786.13 to 846.00/month. Or they could go down just a bit not a tremendous amount. Is this good? We have no idea about any of this stuff. I know we can swing the extra if our house payments did go up! She said she would over night the paperwork to us we sign and copy a few things and then we can get it rolling. Does this mean its a gareentee that we are gonna be able to refinance? Thanks in advance!!

2007-10-25 17:26:59 · 8 answers · asked by marie76444 3

Need some legal advice. Well just a couple of weeks ago Gap Inc. has sent a notice in the mail to me saying two laptop computers were stolen and my personal info which included my SSN were in the system. So they offered me the triple advantage with the credit bureaus.

To make the story short when I checked my credit history for the first time I saw a judgement on there. It was from my nasty landlord that I knew nothing about. It was posted back in 2005 as "unlawful detainer." My mother and I were on the lease. My mother was late at one time and paid before the 5 days notice was up. How can I take this case to court? We were clean tenants, never damaged property, or used illegal drugs. I was not informed of this legal action against me. An eviction was served but my mother paid before the 5 days were up. I live in VA by the way. Someone help me please :(

2007-10-25 17:22:32 · 3 answers · asked by Flyingprincez 2

What does refinance really mean? I'm trying to understand this. I'm a first time home buyer, been in my house for almost 2yrs. and have to refinance before mortage rate gets adjusted. As of right now, I'm in an adjustable rate. Trying to refinance to a fixed rate.

2007-10-25 17:15:55 · 7 answers · asked by C C 1

My house is residential / industrial does the industrial zoning make it worth more? I am by two major interstates and a major highway. Have great access to them. Reside in California.

2007-10-25 17:12:28 · 3 answers · asked by sweetpea 3

This is in the state of Pennsylvania. What role does the Real Estate agent then play in this senerio?

2007-10-25 17:10:44 · 2 answers · asked by openroad1944 1

2007-10-25 16:42:21 · 7 answers · asked by morgan w 1

What is Escrow, escrow officer, who will that money in the Escrow account go to? Just want to know...

2007-10-25 15:50:19 · 4 answers · asked by Al 2

I sold a home and the title company did not pay off the existing balance of that loan (which they should have); they gave it to me. I am paying the mortgage as agreed, however my initial contract states that I have to inform the bank if I sell it. I did not do that (the title company should have), but as I said, I am still making the payments on a home that I do not own. So, the collateral based upon the loan no longer exists and in essence I am just paying a loan that has no collateral.

I suppose if the bank found out I sold the home and took the proceeds that they could sue me. But there is no "credit jail", so as long as I continue to make payments, can they do anything to me?

2007-10-25 15:44:58 · 8 answers · asked by Boomer 5

2007-10-25 15:19:59 · 9 answers · asked by ladylove 1

Any suggestions on what to discuss with current mortgage company to negotiate a lower payment.

2007-10-25 14:53:04 · 6 answers · asked by J 1

My Dad passed away in July of this year. He left his estate to me, including his home. Everything was left to me in a Revocable Trust. I was about to put the house in my name when I got a letter from my brother, along with a deed, showing that my parents left the house to HIM at an earlier time. That deed was dated July 2004 and was drawn up 2 weeks before my Mom died. My Dad disinherited my brother in the trust because after my mom passed, my brother deserted my dad. Therefore, my dad wanted me to have the house to live in because he was so hurt by my brother and knew that I needed a home. To make a long story short my deed is a Quitclaim Deed and the one that my brother has is a GRANT Deed. I was told that the Grant Deed supercedes the Quitclaim. The Grant Deed states that the property passes to my brother upon the death of the last parent.Even though he was disinherited can he force me from my HOME?? I plan to see a lawyer tomorrow, but I'm dying for an answer NOW.PLEASE HELP

2007-10-25 14:48:21 · 3 answers · asked by o7mistique 3

My homework is to:

a.) find a starter home for sale. Include information about the home including selling price and taxes
b.) find a mortgage rate. Include the sellers name and rate

i am really swamped with homework and i have to do more stuff on top of that, i would really appreciate some help. Just post the info with the link to the home

2007-10-25 14:19:48 · 3 answers · asked by anonomys 2

I am refinancing my home. All my paper work is done and ready for the title company. I have not locked on a rate yet. The feds have their meeting on the 31st of October and it is expected to drop interest rates. Can I lock my loan the day of closing? Which I would like to close on the 31st.

2007-10-25 13:43:34 · 6 answers · asked by tonjuark 2

My friend is leasing a space in a plaza for $2400 a month. When he signed the lease, the owner wanted $15000 deposit. It this ligitimate legally? Is there some rule to go by? such as in renting an apartment, they cannot charge more than 2X the rent. In this case it is a business being bought that is on this plaza.

2007-10-25 13:35:06 · 4 answers · asked by zzzzz2zzz 1

My brother is planning on filing bankruptcy and giving up his house in the process. I would like to use his interior doors to replace mine. Will this cause any problems for him? He hasn't actually filed yet and still technically owns his home.

2007-10-25 13:29:32 · 11 answers · asked by Maliahbell 2

I live in Illinois and I lived in a house for 3 years. Paid my rent on time and got along with the landlord just fine for 2 years and then for some reason he started acting strange. Out of the three years, I only had a year lease and never had to sign another one. Keep the house spotless. Then one day he came over and wanted to up my rent and wanted me to sign another lease. I told him no and that I would be moving out in 30 days. I moved out and he never would give me my deposit back. So how do you get a deposit back from a landlord? I did not damage anything.

2007-10-25 13:24:02 · 6 answers · asked by suesf7 2

I bought a house about 2 years ago at the height of the housing boom =( Recently I took out a home equity line of credit so now I have 2 mortgage payments to pay. I just lost my job and found another but the pay is a lot less. I don’t think I can continue making my mortgage payments. If I decided to quit and stop making payment, what will I lose? Beside the house and bad credit, can the mortgage company go after my personal belongings or dig into my bank accounts? Thanks!

2007-10-25 12:32:34 · 23 answers · asked by maikoazu 1

I live in a two-bedroom apartment for about five months now. The rent is kind of reasonable, but sometime it is hard when you are a single mother of a two year old and are living paycheck to paycheck.

my question is that I have sign an agreement to stay here for at least a year. But I'am weighting my options about that. I would like to buy my first home sometime next year.

And I was wondering what will be the price if I went ahead and broke my least for my apartment.

2007-10-25 12:30:48 · 9 answers · asked by rasheida_bey 1

I'm a realtor, and I have a client with an existing mortgage who's selling on land contract. My client's mortgage is fixed at 5.375 and they're charging the buyer 8.5% on a 30-year amortized three year baloon. The buyer thinks they should be able to deduct their interest, but somehow the idea that both can deduct the interest doesn't sound like something that would fly with the IRS. Anybody with experience in something like this? Thanx.

2007-10-25 11:43:26 · 2 answers · asked by commktr 1

Hi, I am very interested in becoming a Property Developer but I have no equity or assets to finance this nor my day job is able to finance it neither. I believe that I have a viable idea (do not wish to disclose my ideas as I had too many local people with money profiting and becoming wealthy off my idea's) that will be a bit different from normal property development which will make me a tidy profit. I am a well educated man (thus why many people with money had profited off my ideas listening into my conversations in the local pub) so I am very due diligent but unfortunately there are no jobs locally suited to my qualifications nor any jobs within 100 miles where I live to go to. I can't even afford to relocate. So therefore going into Property Development part-time will given some capital to finance my relocation to a better job and better way of life. What finance options are there to do this? I am interested in a short term loan (say 2 months) which is interest only and then when I sell the property pay off the loan and the interest rolled-up and also give me some profit. Help!

2007-10-25 10:15:48 · 9 answers · asked by Anonymous

If I lock in an interest rate for 60 days and the rates go down, do I get it at my locked rate or the lowest rate during the 60 days?

2007-10-25 10:05:49 · 6 answers · asked by sooners83 4

since they have gone bankrupt i tried contacting my lawyer who has not gottten back to me. I need a new lawyer. I tried contacting nuemann i even wrote them thru E-mail no answer yet. any type of information will help at the moment .

2007-10-25 10:03:57 · 3 answers · asked by troubled buyer 1