Renting & Real Estate - November 2007

We bought a house in June '07, and the county is assessing property values to determine tax changes in 2008. They sent us a letter saying our property value was a certain number. That is $20,000 more than we paid! The hike in property taxes would be 40%.
We don't think it's fair to mark our property that high within 4 months of our buying it. I've checked comps on various web sites, and they are all lower than county assessment.
What can documents can we produce to appeal?

2007-11-30 23:52:41 · 5 answers · asked by Anonymous

2007-11-30 21:25:29 · 5 answers · asked by Anonymous

You would think that the insider knowledge they could obtain by working closely with you to sell your house would put them at an unfair advantage against other potential buyers who may be willing to pay you more.

2007-11-30 20:51:31 · 6 answers · asked by James II 1

How do you choose the best house to hold an open house for? Is there generally just one agent hosting an open house at a time?

2007-11-30 20:37:46 · 2 answers · asked by ღღ Cupcakez - Jayden's Mommy 1

2007-11-30 20:29:56 · 1 answers · asked by Anonymous

I am interested in some acreage in Columbia County, Fl. In a "Special Warranty Deed" to the current owner;" International Paper Company reserved a passive royalty interest (without right of entry) in 50% of the oil, gas, and other minerals (including clay, sand, and gravel) which were owned by the grantor prior to the delivery of this deed." It also states that the grantor does not have to contribute to the cost of any exploration for the mining, and that "this covenant is to touch, concern and run with the lands." And that the grantee can use without payment to the Grantor any clay sand or gravel for the grantees own construction on the property. This property is selling about $3K an acre below the average price. How much does this covenant reduce the value of the property, and will this royalty interest ever run out, or can they come at any time and exercise their rights? We plan to build and live here permanently, and need to understand the laws. Thank you for your help.

2007-11-30 18:44:34 · 3 answers · asked by LOkI 1

2007-11-30 18:32:11 · 5 answers · asked by jaketran 1

I have the oppurtunity to buy a 2 acre lot with a small cape in poor condition. I would like to put the cape down and build a new home on the lot. How much should I be willing to pay for this property?

2007-11-30 18:28:28 · 8 answers · asked by Anonymous

2007-11-30 18:21:26 · 8 answers · asked by Curiosity 2

And payments that would be no more than $800.00/ month including taxes and insurance in the Florida Panhandle. I know it sounds crazy, but this house, if not for all the property flipping that artificially raised the price of housing to a rediculous level, this house would be worth no more than $100,000.00. Is there any possibility the price will ever drop that low again? Or does anyone think there are any Investors willing to take the risk on someone like me?

2007-11-30 17:45:20 · 9 answers · asked by CSmom 5

I purchased a home with a childhood friend. Both our names are on the title and both of our names are on the mortgage. We lived in the home together for approx. 1 year and then we moved out going our seperate ways and turned the house into a rental property.

I purchased a second home with my new wife that we currently live in. My childhood friend lost his job a while back and can not afford to pay his part of the mortgage for the house and i can not afford to pay the whole mortgage in addition to the mortgage on the house me and my wife live in. the rental income from the house helps a little but we still have an approx. $1000 difference every month we have to come up with (his half is $500 and my half is $500). what are my options? if we cant pay the rental houses mortgage anymore and it gets foreclosed upon, is my home i live in with my wife in any kind of jeopardy???

selling it is out of the question as the real estate market slide puts us in a negative equity situation.

2007-11-30 17:31:13 · 4 answers · asked by SBCT 1

I am a single mom with a low income and I have heard they do home loans on based income levels.

2007-11-30 17:07:53 · 1 answers · asked by pnut 3

Ok I am so confused I heard it was the buyers market It don't seem that way I heard on the news yesterday now it's going to be hard? We really want to do this the right way but are very scared cause we don't know what's good and bad. I got paperwork in the other day about our loan for 103.000 and we would pay an additional 160,000 on top of that this seems very wrong (the intrest rate was 7.2%) We are working on paying off all debt and will do so with income taxes I just payed off our trailer and car so I know when we finish our scores will go up a little but we need to get a new car also and I'm afraid if we do that our score will go down again and make our intrest payback high. I don't understand all the legalities of it. We were looking at a mobile home we liked but I was told we shouldn't go that direction but I feel like we have no options of what we can do b/c to buy land and build is so expensive and I don't know if we can afford a 1,000 mortgage. Thanks in advance.

2007-11-30 17:03:41 · 7 answers · asked by Anonymous

we bought that was an executive rent house and the turd that was living there hasnt moved. we have tried everything to get him out and the only options we have is if he doesnt pay dec rent we can get an eviction notice from the court. now if he wont move can we legally move in with him and let him stay the full 30 days

2007-11-30 16:54:45 · 5 answers · asked by spadestransport2002 1

My fiance and I have lived in our apartment for almost 2 months now. Since we moved in we have had a roach problem. We keep telling the landlord, they sent their exterminator twice and it seems like the problem keeps getting worse.
I was told that the roach problem would be grounds to break a lease...is this true? and how would i go about doing it?
Thanks

2007-11-30 16:27:46 · 6 answers · asked by xash177x 2

Geez folks, I trade the futures markets, and sometimes I lose money at it. Will I get a bail-out too??? I sold my house in CA in 2005, not too far from the top of the market, paid off all my debts and semi-retired to Thailand. I did this for several reasons; I saw that the housing/lending phenomenon was going to blow up. I also did it because I had way too much debt, had kids to put through college. My move turned out to work out pretty good. I met the responsibilities to my kids and honored the agreements I made in taking out various loans. Now I see that all the whining and moaning from those who acted irresponsibly in their lending and borrowing, may get Mommy Government to bail out their greedy behinds. This what the US has become; a place where if you scream and cry loud and long enough, or if you're a dipsh!t MBA on Wall Street lending $$ to people who you know can't pay it back, you run to your Mommy when the sh!t hits the fan. What a bunch of gelly-spined, limp-wristed wimps.

2007-11-30 15:26:19 · 4 answers · asked by maxman71 2

I am talking like 1 million dollars house, Or even a 15 million dollar house in hawaii. I do make 1800 dollars a month for disabilitey. I am into real estate on top of that. Do you think they would let me get a house like that with just a big down payment?

2007-11-30 15:21:46 · 6 answers · asked by Anonymous

I am renting a house, and after I moved in, my landlord wants to charge me a prorated rent that they didn't disclose to me before I moved in because they assumed that I was moving my stuff in the house, but not physically moving in. Am I required to pay the prorated rent? They also have some of their stuff still in the house.

2007-11-30 14:51:40 · 6 answers · asked by DMORTON80 1

Wife and I are in the process of divorce. We have both moved out of our home and it is foreclosing. I want to declare bankruptcy. The house is our only joint debt. Can she stop the bankruptcy? How would she find out that I am declaring bankruptcy if I don't tell her?

2007-11-30 14:45:43 · 5 answers · asked by Scott M 1

2007-11-30 14:45:37 · 4 answers · asked by Anonymous

I need some information on illegal housing in the state of california....I has some problems with my landlord so I went to the housing authorities and I found out that the house where I live is not registered with the city and I was told that since it is illegal housing he cannot collect rent..any one know where I can find any more information on wether or not he can continue to collect rent

thanks for the help

2007-11-30 12:50:14 · 4 answers · asked by eternity 2

I have a neighbor upstairs. Their dog barks constantly when they are not there.
I have called the cops, I have called animal control, my apartment manager and also the parent company of the apartment.
I have been having this problem since November 6th.
I want out of my lease. I live in Texas. What are my rights?
Please don't tell me to review my lease because I have. It does not have a special clause saying anything about this...at least not that I can see.
Please help. How can I get out of here legally?
It's driving me insane.

2007-11-30 11:06:44 · 5 answers · asked by sarah t 3

I live in Arizona and absolutely hate my apartment complex they have broken into our car twice and there are fights outside our window everynight, is there anything i can do, lease up in may I can't take it, if I decide to move out before that then I have to continue to pay rent until the apartment is rented and seriously it aint gonna happen.

2007-11-30 10:29:27 · 3 answers · asked by lavale10 2

Was going to buy a home and put down $500.00 towards the home (ernest money). My financing didn't go through and now the owner of the home is not giving my deposit back...The contract stated that, the money will be refunded if their are financial stipulations and if the loan doesn't go through...

In my case, that's what happened...Now I will more than likely take her to court...Here's my question :

What is the penalty, if a judge orders you to pay $500 back to a person in small claims court by a certain date, and you don't pay it? Thanks for your help!!!

2007-11-30 09:03:08 · 5 answers · asked by Anonymous

I applied for an apartment and everything that was on my bankruptcy they wanted me to pay before I can get approved. Can they do that? How can I get approved for an apartment with my bankruptcy? Yes its been discharged for 1 year.

2007-11-30 08:53:29 · 12 answers · asked by chena827 1

http://www.cnn.com/2007/US/11/30/willis.rentervictims/index.html?iref=mpstoryview

If a tenant that had signed a lease before a property became foreclosed is paying his/her rent on time and the lender knows he will have a difficult time selling the foreclosed property why would it not be in the lenders interest to allow the tenant's lease to continue?

2007-11-30 08:49:14 · 12 answers · asked by David K 4

First of all I am a renter in california. I have been renting since august 07. first of all about 1 month ago we recieved a letter on our door stating that the house we are living in is getting forclosed. we asked the landlord who is a realto also, he sais dont worry about we are in the process of buying it. Today another realtor came over saying the house was bought by countrywide bank and the we had 2 weeks to move and he was going to give me money for cash for keys. I called my husband then he called our landlord he said dont worry about it that he is buying it. So then my husband called the realtor who had came to our door to ask him if this was true. He said there is no way he can be buying it because countrywide is giving it to them (century 21) to sell it... I dont know what to do or who to believe.. need help please

2007-11-30 08:40:56 · 5 answers · asked by :..WIzDOM..: 1

I read about this program and do not remember where I saw it. If someone knows about this, please tell me. Thanks.

2007-11-30 07:42:45 · 5 answers · asked by Anonymous

2007-11-30 06:37:48 · 7 answers · asked by Debbie 4

2007-11-30 06:37:44 · 4 answers · asked by melodyalyssa 2