Renting & Real Estate - October 2007

Do you think prices will fall sharply? Our home is on the market and we can't really afford to drop the price any more,we have already reduced it by 5k, so any views please.

2007-10-29 02:38:39 · 2 answers · asked by Anonymous

My landlord won't prepare a lease for me - I have known him for several years he's my old friends stepfather - and I've been living in his apartment since april and I pay a monthly rent and basically have to behave myself. Well I want to adopt another cat from a shelter and they won't let me without a rental lease agreement so I wanted to get a free one online that we both agree to, have him sign it, and that's that. well I was wondering if we'll have to have it notorized or anything special, or if I can just print it out from Word and we both sign it and then it's done.

2007-10-29 02:33:27 · 4 answers · asked by Kimmy 4

i'm doing a project and i would be living on long island new york and i was wondering about how much it costs to heat a house? what about water?

2007-10-29 02:04:34 · 4 answers · asked by Anonymous

i live in a small flat in central newcastle, the guys upstairs are always noisy in the middle of the night, do i have rights to make them stop - like noise pollution ??

2007-10-29 01:51:10 · 2 answers · asked by Barry C 2

When asked if these funds were now priced correctly, Merill Lynch could not answer . . . It appears the credit crunch has moved from the sub-prime borrower to the A and above . . . if you work in real estate has this affected you yet . . . (total write downs were 14.2 billion . . . )

2007-10-28 23:30:58 · 3 answers · asked by CHARITY G 7

2007-10-28 22:34:32 · 3 answers · asked by jrard23 2

I bought me house last December and now I want to travel (working holliday) for 1-2 years… Is it possible to get equity out of my house for this purpose.

Here is the info I have to work with.

House Cost $270,000
Still Owe $260,000
Pay approx $1800.00 per month in repayments.

Could probably rent for $300 per week (on gold coast)

My house is on the Gold Coast so I think the prices have risen a bit, ($20K-$30K)

I would like to borrow enough equity to cover the shortfall between the rent and mortgage repayments and have about $10K for travelling..

Do you think this is possible or should I just sell???

2007-10-28 20:36:22 · 4 answers · asked by Daniel C 1

Does anyone have had any interaction with a very good property dealer for Gurgaon properties?
I am seeking a property dealer who would be fair and honest in all his deals, and would not be a shark, like many out there.
Is there any list of good property dealers for Gurgaon on the Internet anywhere?

2007-10-28 19:57:33 · 2 answers · asked by Shubho 4

i paid my security deposit and first months rent and signed the lease but my new landlord keeps making acusses as why i can't move in yet. the landlord hasn't offered my money back or a move in date to me and i'm afraid to ask for it because i allready signed the lease. should i ask for my money back or will i break my lease agreement?

2007-10-28 18:15:07 · 7 answers · asked by hunting 4 answers 1

What would the estimated mortgage payment be a month?


NO SPAM!

2007-10-28 17:54:42 · 8 answers · asked by Anonymous

I am facing foreclosure on my home. I used 100% financing to purchase my home. It was strucutred as an 80/20, with the 2nd being a Home Equity Line Of Credit (HELOC). Now ,I know in California 1st mortgages are non-recourse. I am a bit confused and have gotten mixed feedback on the HELOC. Some say that all HELOCs are recourse loans. Others are telling me that only HELOCs where you have pulled against your equity are recourse, while a HELOC used as a 2nd mortgage to purchase a home is non-recourse. I HAVE NOT refinanced either of my loans and I have not used my HELOC to pull cash out. I simply used as a 2nd mortgage as recomended by my loan officer. Anyone have the answer?

2007-10-28 17:07:05 · 1 answers · asked by J William 1

There are a few buildings I saw that were vacant or abandoned. Is there a free web site that I can use to find the owners?

2007-10-28 16:42:13 · 5 answers · asked by voodoo2373 1

Every loan I've had has been 15 days. Our loan was sold to another company and they have not given us any information except for coupons which arrived yeaterday and they state the due date is the 1st. Normally the coupon will state the amount due after the 1st before the 16th and what the amount of the late fee is.

Thanks

2007-10-28 16:40:06 · 5 answers · asked by me2012 1

2007-10-28 16:33:27 · 3 answers · asked by epac10 1

I make about $2,000 a month. I am interested in buying an apartment for, let's say, $150,000. On a 10 year term, at an interest rate of 5.00% a year, the total comes to $1,590.98, according to:

http://www.bankrate.com/brm/mortgage-calculator.asp?unroundedPayment=1590.982728586134&loanAmount=150000.00&nrOfYears=10&nrOfMonths=120&interestRate=5.00&startMonth=9&startDay=28&startYear=2007&monthlyPayment=1590.98&monthlyAdditional=0&yearlyAdditional=0&yearlyAdditionalMonth=9&oneAdditional=0&oneAdditionalMonth=9&oneAdditionalYear=2007&paidOffDate=Oct+28%2C+2017&submit.x=23&submit.y=9

Now, are those figures realistic? I want to move out of my parents house fast. How much would the down payment be? Any other expenses? Would I save money if I rented it out to someone else? Please let me know. Thank you.

2007-10-28 16:30:56 · 2 answers · asked by Anonymous

I think I may have a small claims court case, but dont want to pay out MORE $$ to file for this ordeal if Im not going to win.
To make a long story short, we came home (rented apt) one day to water all throughout our apt that ruined a lot of our belongings. Come to find out, it was a septic problem that caused the water to be backed up into our apartment that caused the damage.
The carpet was taken out of the hallway & bedrooms & carpet tacking was left exposed ( i have 2 small children). I was told (by the landlord) that we should have had renters insurance becasue if we did, they would have paid for our next months rent (which we had to pay for even though we didnt stay in that apt ONE day during that month bcz of the damage) & our damaged stuff.Since it wasnt our fault, I dont think we should have had to pay that next months rent AND our damaged stuff should have been covered by THEIR ins. Does anyone think I should take them to small claims court??? please help, thanks! =D

2007-10-28 16:26:28 · 8 answers · asked by WRITEONJW 1

I live in New Jersey

2007-10-28 16:08:10 · 3 answers · asked by araw207 2

I understand that no one can predict a real estate market, but I am just wondering if a new home depriciates in value instantly similar to how a new car depreciates as soon as it's driven off of a lot (understandably not as high a percentage).

2007-10-28 15:53:44 · 5 answers · asked by krissy4543 4

Just curious...

Let's see if I get a studio, have at least 5 grand saved up, and I'm good with money, do you think its possible? Like how much do you think monthly bills would be and how much do you think I would need to make monthly to support myself?

Oh yeah I live in Southern California.

2007-10-28 13:04:12 · 3 answers · asked by Mark J 1

You take over payments for property that's headed for foreclosure, and the house is yours once it's paid off. It sounds too good to be true because the payments are so low, for one thing.

2007-10-28 12:57:32 · 5 answers · asked by ♥megan♥ 2

Serious question - person wants to get mortgage, questionable credit (late on car payments, utilities shut off, etc), will have roughly $40k to put down on $175k property; work history is only 5 months long; expecting they can get approval based on child support, which has not happened as don't have custody yet. I'd think given the mortgage melt down this person will have very difficult time, no?

2007-10-28 12:40:34 · 4 answers · asked by J D Jr. 2

they do not just work it out with the people that they foreclosed on or sold the home for taxes??!!

i mean the real estate company will actually lose money when they have to resell the home and after wear and tear and depriciation they will have to also pay for advertising and a sales commission, and the i.r. s. will be lettin the house go for just those taxes that are owed and will miss out on future tax payments!!!

or have i got the wrong info on this??!!!

2007-10-28 12:29:30 · 2 answers · asked by Anonymous

I have a friend who is trying to move into an apartment in Illinois and who is having some trouble. The apartment in question needed new carpet badly(previous tenant had cats) and it hadn't been replaced in over ten years. There were also some other safety issues such as bare electrical wires, a broken window, and also a possible rodent issue(there were mouse droppings & fur inside the stove). My friend had put down the deposit and the landlord said that he would replace the carpet. Well its been almost three weeks and the landlord didnt remove the carpet as he agreed he would, my friend ended up removing it himself. Since then the landlord agreed to put new down(this was almost 5 days ago) and no one had shown up to lay new carpet. Also when my friend brought the other issues to the landlords attention, the landlord stated that none of the issues were his concern. I am wondering is there some state law or better business thing that we can use or enact to get help in solving this?

2007-10-28 12:10:56 · 3 answers · asked by brideofsatan_1 3

2007-10-28 12:03:03 · 10 answers · asked by Anonymous

my inlaws took out a big loan for us a couple of years ago,we are now struggling to pay it back big time,it is against there house so we have to pay them every month,we cannot get a loan so pay them off,we cant see away round it,my partner works day and nite just to pay loan we never have any money left for anything else,we have 4children and its putting a strain on our relationship,does anyone now away round it,as ive said its not in our name so we cant go bankrupt.

2007-10-28 11:31:33 · 18 answers · asked by Anonymous

I had 2 mortgages, one for 80% and one for 20%. The first mortgage company foreclosed. It was sold. The second mortgage company did not foreclose. Public records now show my name and the new owners name. Do I still own 20% of the house?

2007-10-28 11:12:56 · 5 answers · asked by Anonymous

2007-10-28 11:01:54 · 14 answers · asked by Laura B 1

Two months ago my parents gave the house back to the bank. We didn't lose it just gave it up because they would have started paying $3,600 a month. The house is worth $375,000.

Is there a way for them to buy it back when the bank is trying to sell it. We lived there forever so it's sad to see the house go to waste. There are seven for sale houses in my street, so nobody will buy my house.

If we can buy the house back, will the payment still be $3600? In a scale from 1-10, what is the chance we can have our old house again?

2007-10-28 10:48:37 · 4 answers · asked by warriors4ever 3

NDONT NEED AN EXACT VALUE, JUST AN ESTIMATE..IF I NEED TO FIND A APARTMENT AND I GO TO A REAL STATE AGENT HOW MUCH WILL THEY CHARGE ME?

2007-10-28 10:40:47 · 3 answers · asked by regiwedge 1

I live in an old house in NH that was converted into condos. It has steam heat, so instead of each condo paying for its own usage, the heating bill get payed with a portion of everyone's condo fee each month (there's one thermostat for the whole building and individual radiators in each unit). We recently went from a flat condo fee to a rate based on the square footage of everyone's unit. My condo fee went up $30.00, but my neighbor's went up $112.00, because, besides her apt. she also owns the finished attic (the door to the attic is in her apt.). She's angry about her fee increase and says she should only have to pay based on the footage of her living space, not the attic. The attic is finished, but has no radiators and has a low ceiling. (It would make a good room for a child). But heat still rises from the rest of the building into the attic, keeping it warm, and someone will have to pay for it. All the other units think she should pay for the attic's space, as do I. Should she?

2007-10-28 09:35:02 · 5 answers · asked by titian29 2