Renting & Real Estate - October 2007

So hubby and his brothers/sisters all own their mothers house close to Lake Michigan. A year ago last January, we put it up for sale....almost two years later and it is still for sale. We started at 96,900 and are now down to 73,000. We have put money into the house but it still needs a little work and some personal touches. My question is, do you think if we take it off the market for a short period and put it back on with another Realtor, we would have better luck?

For the full 21 months the house has been for sale, we have had the same Realtors. I personally really like them and they are always helping me when I need anything. I had an opportunity to work with them on a business level as well and they are just great people. Even hubby is now suggesting that maybe we need a new realtor. His brothers/sisters are pushing him, but I don't know. I really like the ones we have, they just havent sold our headache!

2007-10-30 08:14:10 · 12 answers · asked by MyKidsMom 3

I am renting with an option to purchase. I paid a $2000 down payment to the owner and I have been paying $575 every month on time since. I have to get financing to pay him off, with the $2000 deducted from th selling price. What type of financing do I need being that I have been living in the residence for over a year?

2007-10-30 07:58:44 · 3 answers · asked by tetrac7 1

2007-10-30 07:50:42 · 5 answers · asked by Anonymous

I have signed on a contract for a house, the lender wants me to lock in the rate of 6.36% today, should I wait untill the fed meets later this week. If the fed drops the prime rate .25% how much and how quickly will that effect my mortgage rate?

2007-10-30 07:43:09 · 7 answers · asked by Andrew E 1

Does the NJ law state that a two bedroom apt. has to be rented if a child (2 years old) is going to be residing in the apartment with their mother? I was told that since there is a child, the apt must have two bedrooms. Please advise.

2007-10-30 07:40:22 · 3 answers · asked by bttflyksses 1

2007-10-30 07:35:35 · 7 answers · asked by mmorea1 1

I am 33, my partner is 38 and we have four young kids. (Something I would not change so please don't say you should not have had kids)
He has been in an a average wage earning job since we have been together and I have worked full-time, then part time and casual and now not at all in paid work as my youngest is 6 months. Just wondered if there are other people out there that feel having a morgage is totally out of the question if you want to have or you do have kids given the costing of housing in Australia these days.

2007-10-30 07:31:31 · 7 answers · asked by tneishat 2

The lot east of my property was empty until this summer. A construction company started building on it. Can I bill the construction company (or the new occupant) for 1/2 the communal fence?

2007-10-30 07:22:19 · 5 answers · asked by johnniewalker65 1

I need to transfer my name onto the deed of a property in Stuart,Florida. We can't find the original deed but need a deed to make the transfer. How do I get a Quickclaim Deed?

2007-10-30 07:16:37 · 6 answers · asked by Dorigirl39 1

2007-10-30 07:08:16 · 21 answers · asked by Anonymous

2007-10-30 06:57:49 · 7 answers · asked by scott32003 1

2007-10-30 06:55:33 · 9 answers · asked by Anonymous

my mortgage payments are automaticly withdrawn fom my account on the 1st of the month im not gonna have it in there until saturday or monday will i lose my house please if anyone knows what will happen im so scared

2007-10-30 06:52:10 · 5 answers · asked by mom05 1

If a house in California is foreclosed on and sold (about 400,000 less then neighboring homes) will all other liens be expunged from the title with the transfer to new owners? Or does the lien stay tied to the title and become the responsibility of the new owner?

2007-10-30 06:35:37 · 9 answers · asked by ana khalsa 1

I quit claimed her completely off the Deed of the home because my brother wanted to sell the house from under her and then put her in a home. I thought that was wrong because she is happy being with her grandchildren everyday. It is very therapuetic for her to be around family otherwise I noticed she was withdrawing from life and becoming depressed, before we moved in. She's slightly disabled and I take care of her and all her needs. My brother just got tired of her calling him all the time because she was so lonely wanting to talk ,so he threatened to sell the house and put her in a 'mental old age facility.' Now she is happy because she has a sence of family again.
My question is:
If she could not pay the house mrtgage anymore because bills are so high would they take the house from her even if my name was on the title deed?
I was thinking about doing a reverse mortgage for her but they said I would have to take my name off the title. ODD No? Is bankruptsy a better option?

2007-10-30 06:29:22 · 6 answers · asked by dr. perky (>^_^)><3 2

2007-10-30 06:22:49 · 11 answers · asked by jamee t 2

ok so we got our house and made the offer to buy and it was accepted so the closing date on the house was sappose to be today right,but since the house did not appraise for what it was sappose to appraise for(85,500 only appraised for 81,000) so now what would be next,will we the buyers have to come up with the difference or will the seller have to come up with the difference?

2007-10-30 06:15:35 · 4 answers · asked by Corey D 1

2007-10-30 05:39:07 · 5 answers · asked by HOPEFUL 2

I have asked questions about reverese mortgages on YA for a while

I have received many different responses, who do I believe ?

I CALLED RM' brokers I have found online and they too give erroneous or conflicting info.

I have been told You must live in the home for more than 6 months out of a year

Then I was told as long as you live in home at least one day out of 365 that satisfies the RM residance rules rules

Then I was told I could NOT get a RM on two different homes followed by another expert telling me I can.

If you are a RM broker and can answer my questions please do so
If not please DON'T BOTHER.

What I want to do is:

REFI my home IN FLORIDA - get $50,000.00 to $60,000.00 cash out ( I have over $100,000.00 in equity ) TO buy a $100,000.00 home IN TN and then get RM's on both homes - as soon as I would be eligible ( another question I have been given different answers on is --- is there a waiting period after buying a home and getting a RM?

2007-10-30 05:00:50 · 5 answers · asked by Mr KIA 2

Ok i am the type of guy, that i will hear about someting in the news and listen but not look at the whole thing ok.

well a few mothes ago there was a big who har about the american housing

i was watching a program about it last noght and i want to make sure that i have it completly right

Ok America comes up with mortgage sellers, the banks come up with something called a sub prime mortgage,

The WHOLE of america goes for it and get one without asking the question. What haappens after the 5 years will the payments still be fixed or believing the sellers and saying that they will be moved on to another loan.

The Whole of america goes for this then everybody is surprised (and this is the bit that worries me is that they all say they wern't expecting this but it clearly says) and can't pay there morgates and the banks being the greedy idiots reposses all of the houses and then say we have lots and lots of property that we can't sell please tell me if i went wrong anywhere

2007-10-30 04:25:20 · 11 answers · asked by Kemodo 344™ 3

We own a duplex in Washburn Missouri, vlose to Cassville , like 30 mints from Joplin, Its open land, normal size, 1 bedroom, living room, heather, we are just replace the carpet and paint the place, we dont know how much to charge for rent and deposit, we are thinking around 400dlss in rent, but, my main question is , how much should we charge as a deposit? no contract, its month to month.

2007-10-30 04:24:14 · 11 answers · asked by Betty 2

I make $90,000 a year and my job comes loaded with health benefits, retirement, etc. I'm single, have no car payment, no debt, and no kids. What do you think is the maximum amount of money I should spend on a house? (i.e. 200k? 300k? 400k?) I live in Las Vegas, Nevada.

2007-10-30 04:20:17 · 3 answers · asked by evandingman 2

My parents are involved in a situation where they need money to pay house bills (amount on house is higher per month). So anyways, it started out where my dad let's his friend (trust) sign a deed on the house as it turns out his "Friend" backstabs him and now the friend has a lien over the house. To my dad's stupidity decisions he made "trusting" a "friend" into signing a deed for the house, now we have to be forced to pay higher than the original amount per month. This means they are "begging" from their own kids to get partial amounts from all of their children including me to add some portion of the amount to pay the bill on the house. Which doesnt even cover the full amount for the month. If my parents made more responsible decisions and choices they wouldn't be in this situation. Then they have the nerve to get upset at me for giving them 200 bucks this week as I regularly give them 300. They wanted 100 more. Because of their own faults, they demand 100 more. Is this greed?

2007-10-30 04:05:53 · 19 answers · asked by aninjashinobi25 1

2007-10-30 03:00:46 · 4 answers · asked by louisiana lover 3

2007-10-30 02:57:48 · 5 answers · asked by digiwigis 2

We're moving to Florida next year, but i'm wondering if we should wait a couple years before purchasing a home. We have a 2 year old. With the housing market being screwed as it is, would it be better to wait a couple years? Maybe get a condo or rental property?

What do you think. And, we DON'T have A-1 credit, BTW.

2007-10-30 02:57:18 · 10 answers · asked by Anonymous

2007-10-30 01:32:02 · 4 answers · asked by Bosco C 1

References do not seem to work. With a licence this can be endorced if the tenants fails to pay rent, damages the property or upsets nearby residents with excessive noise. This would warn any new landlord of potential trouble. The landlord should also be liable if they rent their property to a tenant they know will cause trouble to others living nearby

2007-10-30 01:25:46 · 8 answers · asked by bwadsp 5

When i bought my house i let the realtor take care of everything. Now i am selling my house to my coworker who wants to buy my house using a real estate attorney instead of a realtor to cut cost. I am for cutting costs too but was wondering what i need to prepare for this whole process. I was gonna call the real estate attorney and ask but want to see what people on yahoo answers have to say for advice.

2007-10-30 01:21:12 · 5 answers · asked by d w 2

I have a friend staying in my home in California. We have no contract or lease and he did not put down a deposit.

He was supposed to pay me monthly to stay there but has not paid in the last 3 months and the months before then were never the full amount or in regular intervals. I have requested that he pay or move out if he is unable to pay for the past 3 months, and he told me that he would be out by October 15th.

Here it is nearly November and he refuses to pay still and he refuses to leave. What can I do?

2007-10-30 00:23:11 · 8 answers · asked by crimsonreign96_2 2