Renting & Real Estate - November 2007

(1) Is it legal for a private management company charging for cutting grass and maintaining the street I live in. Its a Barratts House and we were not aware of this when we bought recently. The house is 6 years old. We are charged these fees and also pay council tax.
(2) They are also keeping a £50 deposit - surely this cant be legal.
Can anyone advise me ?????

2007-11-15 08:36:46 · 2 answers · asked by Anonymous

my husband and i sodl our mobile home to someone in the contract its states she just have homeowners and not miss the lot fee payments she has no insurance is one month behind!

2007-11-15 08:35:55 · 6 answers · asked by Anonymous

Can i roll the closing cost and lets say $10,000 into my mortage amount to pay for new furniture and moving?

2007-11-15 08:07:53 · 14 answers · asked by jz2845 1

I paid off my home loan 4 years ago, and while looking through the paperwork I received I realized that I have never gotten the deed. How do I go about getting a deed if I don't have it, and the mortgage company has no clue either?

2007-11-15 08:07:46 · 4 answers · asked by Kaythen 2

San Bernardino County, CA

2007-11-15 07:58:37 · 7 answers · asked by Anonymous

I live in a house where i pay electricity, gas, cable, and rent. Today my roomate brings up to me that i havent yet paid for the washer and dryer. I was like, um what? This was over email. I am not sure if it mentions this in my lease, but does this seem weird???

2007-11-15 07:56:43 · 7 answers · asked by mol78 2

I am interested in purchasing a home. My credit score is in the 650's. I have between 8-10K to put down. I earn about 80k a year gross 60 salary 20 bonus. My current expenses are about 8-9 hundred a month. How much can I afford to borrow? My current rent is 1050 a month, so I would not want my monthly payment to be much more than 1200.

2007-11-15 07:53:03 · 5 answers · asked by kkarkutt 1

landlord left apt a pigstye when he moved out. Took us 10 hrs to clean bath and kitchen. Told him according to the lease, apt had not been left in "a CLEAN, safe, and tennentable condition" therefore lease was null/void and that if I had EVER left a place in that condition I would not have received my sec. dep back therefore he would not be getting one from us. Offered to stay on at an increased rate for mo to mo rental or to use our 1st and last mo rent and be out at the end of 2mo. He announced that he is putting apt up for sale and we will have it showable at all times and be out with 30days notice.Is threatening to sue for remainder of lease, all court costs, etc, has left threatening msgs on voicemail, email, and had threatening letter Fed Exed to my work demanding the rent. We decided to vacate immediately and move in with family, put our things into storage because he has become so hostile. What can we do to protect ourselves?

2007-11-15 07:48:59 · 7 answers · asked by Kathy R 1

I just purchase my home in July, 07. I did 100% finance and also did stated income. My credit is okay, it is 683. My current interest rate is 10.175. I just want to refinance for a lower interest rate. I have an interview with a FHA loan counsler, I just wanted to know will they be able to help without having me put out any money.

2007-11-15 07:15:07 · 6 answers · asked by karen a 2

2007-11-15 06:21:49 · 2 answers · asked by Anonymous

i am trying to buy a house from a widow and everything was going really great and we were suppose to close on 10/29/07 and then on 10/23/07 there was a problem......the widow's step daughter decides to contest the will 1.5 years later on the man that passed and we were not able to close........they can not come up with a closing date because they have to go to court to handle it and i am wondering if i terminate the contract if i will get all of my earnest money back, plus the money i had to pay for an appraisal?

2007-11-15 06:19:10 · 8 answers · asked by Anonymous

My husband and I closed on our first home this morning. We signed at 8 and the seller signed at 10. Can anyone tell me when we should know if our loan was funded and all is okay with Bank of America. The wait is driving is CRAZY!!!

2007-11-15 06:02:07 · 7 answers · asked by Anonymous

I'm looking at jobs in the LA area (salaries from $40,000-$50,000 per year). I've never been to CA but I do live in NJ about an hour from NYC. I know what the rents are like in NYC and also how good the pub. trans. is -- is LA similiar? what is the rent like for a one bedroom apt. or studio in a nice, safe, area? How is the public trans - can you live there w/o a car and still get around like you can in NYC? thanks...

2007-11-15 05:55:16 · 3 answers · asked by Anonymous

if i get into real estate will that be a good job?...and how long would it take to get my license?..

2007-11-15 05:52:55 · 3 answers · asked by LUPE 1

I made an offer on a bank foreclosed condo. The bank that owns the title to the condo accepted my offer. I signed the contract with a $1000 earnest deposit on Nov. 7th. It has now been 8 days since I signed the contract and I still have not heard back from the seller. My real estate agent has called the banks agent several times but has still not gotten an answer back from them. How long does it typically take for a bank to sign a real estate contract?

Also there was a closing date of Dec. 4th on the contract. is Dec. 4th still a realistic closing date?

2007-11-15 05:12:25 · 3 answers · asked by sdavid79 2

she wants to leave her current apartment without paying fees or loosing her deposit, but is not sure if she can do it.

2007-11-15 05:09:35 · 3 answers · asked by santiago 1

Let me be more specific. My husband and I have applied for a construction loan to build a house. The loan amount that we asked for is $190,000. The loan is a 90% loan and we are supposed to come to the table with 10%. In the beginning, the mortgage banker mentioned something about if the appraisal of the land and house comes back high enough, at least $20,000 more than the loan amount, she would be able to put "back into the loan" so we wouldn't have to come to the table with so much. It appraised for $255,000. I don't know what "back into the loan" means, that was just her wording. Does this exist? How can we find out if we can come to closing with a lesser amount than $19,000? Also, if we have to bring the $19,000 to closing, are we then only financing $171,000 since we are paying $19,000? Can someone please help me understand? I want to be able to understand how at least some of this process works. I do know that our interest rate is 8%. Any info. I would appreciate.

2007-11-15 05:04:29 · 4 answers · asked by Anonymous

I am currently in a situation where my realestate agent has dropped the ball on many occassions. She blames every fumble on someone else (including me, my wife, and my mortgage broker). Her fumbles, as well as a couple by the mortgage broker, have caused the closing of my house to be pushed back by a few days. This also affects the seller since they can't close on their new house until we are closed.

My question is, do we as clients have any protection whatsoever from an agent that has really failed miserably? Based on the contract, even if we cancel the contract we still have to pay her if we buy a house within 90 days of termination. How are clients protected from horrible agents or just bad agent mistakes and judgments? Her mistakes have contributed to the possible loss of the house and serious delays in closing. There have been may more fumbles along the way.

2007-11-15 04:50:59 · 4 answers · asked by J G 4

2007-11-15 04:49:03 · 10 answers · asked by cher 1

I kow that I will have to pay eventually but I don't want to pay for things (like appraisal) if the rate between the Good Faith Estimate and the final rate jumps up (which it always seems to do) and I just want to walk away.
I always feel like I get suckered into taking a higher rate because I have already spent money on refinancing.

2007-11-15 04:48:11 · 5 answers · asked by parkdad73 1

My husband and I have patiently waited out the housing bubble (realizing that the stuff that was going was just out of control on all sides!!!), and now we are starting to find a lot of bank owned houses. We live in New England, and the price of living is still a little higher than a lot of the country, but we feel that we may be able to get a good on a house now.

Has anyone else from New England (southern NH, or northeastern MA, specifically) had any experience purchasing a bank owned home? We are specifically interested in how much lower than the bank's asking price we can go. While it is considered a buyer's market at the moment, their are days when it doesn't seem that the sellers or the banks agree.

Any thoughts/advice, please?

Thank you!!

2007-11-15 04:43:34 · 4 answers · asked by cyn99di 3

Ok I live in overpriced Miami. I've always understood that condo conversions are supposed to be a deal. But I've looked at several places & the prices are just as high. One place is being remodeled & being advertised as having pre construction prices. Doesn't pre construction mean new??

2007-11-15 04:39:24 · 2 answers · asked by Cristy 2

With the market changing, is it smart to buy property in the Orlando area now?

2007-11-15 04:21:40 · 6 answers · asked by OuiOuiChica17 2

I am already in contract of purchasing a condo for $125,000. Common charges are $435.00. The condo is already tenant occupied paying $1150.00 monthly. Yesterday, I had to give my lawyer .05% for an escrow account. I do not know what this is? Is my down payment for .20% accounted into this escrow account?

2007-11-15 04:19:19 · 2 answers · asked by D 1

2007-11-15 03:50:27 · 6 answers · asked by Anonymous

2007-11-15 03:50:08 · 4 answers · asked by Anonymous

We live in CA and have 2 homes that will be going into foreclosure. Countrywide will not negotiate with us. What will happen to them when they only get maybe half of what all these thousands of homes they leant the money out for? They would have been better off to rewrote the loans don't you think?

2007-11-15 03:46:57 · 14 answers · asked by Tamara M 2

The complex sprayed the apartment, but i wouldn't let them spary the bedroom because of my pregnant wife, and they're basically saying it's not their problem. She was recently stung after the spraying and we need to move now.

Thanks!
Ryan

2007-11-15 03:42:14 · 15 answers · asked by Ryan H 1

Now the sellers said they can not sell because they are selling it for less and where not able to get a loan for the remainder of the price.. They said we could move in there rent free until they are able to get the loan they said it would take about 8 weeks. I am lost what to do we have over a thousand dollars invested and would eat it if we didn't buy the house. Plus the real estate agent said she would make sure everything was in writing so we wouldn't get screwed except if they don't get the loan we have to move out.. Help

2007-11-15 03:38:35 · 7 answers · asked by Anonymous

My landlord says they have been charging me the wrong amount of rent for seven months. Now they say that I owe them for the mistake that they made. They have even added late fees to the additional rent that they want. The amount that was on my bill each month was paid in full and on time every month. Am i responsible for the mistake that they made, and if taken to court would i have a chance to win?

2007-11-15 03:36:19 · 35 answers · asked by johnsonjrod 3