Renting & Real Estate - December 2007

We found a place to move to when our lease is up February 29th. Should we let our land lord know 30 days before or 60 days before that we won't be renewing our lease? I know it has to be at least 30 days, I just don't know if it would be better to let her know 60 days before instead so that she will have plenty of time to find new tenants? I plan on leaving the place cleaner than it was when we moved in as I always do when we move.

2007-12-18 02:20:06 · 27 answers · asked by blank 4

Looking at buying a property (100 yr old Victorian Terrance), the current owner has renovated and had a new damp proof course added - (the one where they drill and inject). The estate agent has a certificate from the DPC intstaller to guarantee the work for 20 years.

Having had a valuation/survey done on the property, the surveyor has found higher than normal readings and states that the newly installed DPC was not done correctly (due to the fact that he has found high readings).

Is the 25 year guarantee worth the paper it is written on? Is the surveyor just highlighting so as we can bargain with the seller?

What direction should we take?


I

2007-12-18 02:04:26 · 3 answers · asked by char1ie_brown_74 2

I hope that it's not like the common website. It's must be Oregon. Can you also tell me how to get it courthouse website etc.

2007-12-17 23:59:33 · 2 answers · asked by Lee 2

. . . .about ARMs and how they function? i keep hearing in the news how the government is supposed to step in and stop these ARMs from adjusting upward and freeze rates where they are still in their introductory phase, but WHY?

when you sign on to an ARM, you are told how the instrument works. you are given a CLEAR explanation of what it is. i have to say: i think it's irresponsibility on the part of the borrower; not the lender.

i DID start this question with 'can anyone expain to me' and i mean it. i'm NOT a finance expert or someone even in the business world. and before someone starts accusing me of being 'upper class and cold,' i guarantee that 98% of the people reading this question earn more money than i do. I'm a school teacher and musician, so i'm just above the poverty level. but i was very careful when choosing my mortgage and buying my home. is there really more to this than what i'm seeing? explain...please.

2007-12-17 23:23:55 · 12 answers · asked by blue-in-groove 6

If a casino is built less than a mile from your house will your property value go down? Will your house sell for less because of the casino being so close?

2007-12-17 20:44:16 · 3 answers · asked by unknown 3

I am looking ot buy a new house. Shoudl I go with a brand new one or pre-owned one? Which is the smarter move and why?

2007-12-17 20:18:09 · 5 answers · asked by OrangeCharlie 5

Because of this missed closing date, we now have numerous expenses due to lost wages, hotel bills, etc. We cannot close on our house down south until we close in ny. Are we owed any compensation from the buyers? When we asked our lawyer he said tough luck. We're talking almost $600 and it's adding up quickly.

2007-12-17 19:53:39 · 3 answers · asked by Diane W 2

I am a mortgage loan officer....new just starting out!
I am in a pretty big city...the market here is definetely in a low, but people in my office are still making sales and decent money. So, how can I get realtors to send me business. I think my number one attribute is my customer service and my personality. I always have my phone with me...Ill call someone back within the same day! Ill work weekends if needed!

So, how can I persuade some realtors?
Please help!

2007-12-17 19:00:59 · 2 answers · asked by Nicole S 1

So... long story short (as short as possible anyway :)). I found a house which is a foreclosure. I *have* to wait 60 days from now to close escrow due to when my funds for the down payment become fully available. The seller (the bank who owns the property) has agreed to the selling price and m conditions EXCEPT the close of escrow date. They want to set the date 30 days from now and will allow me to extend it 30 days as long as I pay 1/10 of 1% of the house value PER DAY. The house cost is $500,000. So, that's $500 per day and in 30 days that's $15,000. I happen to think this is ABSURD. Does anyone know if this is legal? Seems like extortion to me. FYI, the house is in California. Is there a cap to how much they can charge? I'm already FULLY pre-approved on the mortgage for the full amount. No waiting there... just the 60 day requirement.

2007-12-17 18:28:34 · 4 answers · asked by HelpMeEscrowStuff 3

home ??

2007-12-17 17:36:10 · 5 answers · asked by burlingtony 2

Can't we trade online through cyber cafes ?

2007-12-17 17:32:23 · 5 answers · asked by Anonymous

There are 13 people in this tiny house and I have filed an eviction with the courts. How long is it going to take to get these people out? Becuase if we have to wait till Feb when the court hearing is we will have a forclosure and it will ruin our lives! They are racking up a utility bill of about 500 month and not paying, and were told they will not shut off till march!

2007-12-17 16:56:37 · 9 answers · asked by MCINPS 3

2007-12-17 16:42:06 · 9 answers · asked by joe 2

any equity? Assuming it is desirable land with a beautiful view visible from a very stylish "home" and discrete "trailer." Also assuming much landscaping and road work was I'm proved and the trailer included all utilities and appliances and solar system and back up generator and shed, etc. Will the bank give me equity, and if so, how much less than the identicle house on a perminent foundation?

2007-12-17 16:38:15 · 1 answers · asked by alan p 1

I know that quitclaim deeds must be notarized, but how about other types of deeds?

2007-12-17 16:22:34 · 3 answers · asked by Anonymous

we have been at the same complex for 2 years. Our complex recently changed management companies. When we went to renew our lease we were told we have to get property liability insurance. Also... they added some fees to the lease (new amounts on pet deposits and general deposits) that we did not have to pay when we moved in... but they want us to inital these new fees when we renew. But if we inital them... cant they make us pay them?

example when we moved in for pet fees all they required to own a pet is 150 per pet (2 max) non refundable pet fee. NOW they require 300 per pet non refundable pet fee.... 200 pet deposit.... and a 10 per month pet rent. it is on the pet addendum... which we have to initial. We paid the 150 per pet fee when we moved in... but if we inital it cant the make us pay the higher fees?

Also they now require 300K property liability insurance.

Can they add all these fees and requirements to exsisting residents?

2007-12-17 16:11:57 · 4 answers · asked by TAZZLOVER8 2

I was originally planning on moving out as soon as I graduated high school, but decided to stay and go college...now with 1st semester and this year coming to an end, I'm downright miserable.

My parents ignore me 50% of the time, but the rest of the time they're making fun of me, yelling at me that I should move out, etc...my mom's an alcoholic and she and I get in an argument literally every day...Living at home doesn't even feel like home because I'm not aloud to be myself (gay) without being made fun of and am treated like worthless trash...I feel like I could run away for months and they'd be too drunk to notice. My mom's drunken rants have gotten in the way of my studies too......

I'd be moving to Chicago in an apt. that's $600/month...would probably get a roommate, 2 jobs, get my life together...then go to community college there for 2 years and eventually transfer to university.

Anyone else move out at 18? How'd it go? What were the pros/cons?

2007-12-17 16:09:13 · 19 answers · asked by Anonymous

Is there a way to find out a buyers name, address, phone number and/or agent PRIOR to a closing? I know after the deal is done the zoning/tax office can provide it but how about before? There is a property I am interested in but it's already contracted and set to close. I'd like to make an offer to the buyer (before…or worst case after) it closes but not sure how to contact him/her. The selling agent is being tight lipped. We live in Pennsylvania.

2007-12-17 16:09:07 · 4 answers · asked by Jimstein 1

(this quesion has been asked twice because i think i added it to the wrong area. sorry about that)
we are about to apply for an FHA loan as first time home buyers. Well, my husband is. he doesnt have the best credit, most of which is from 5-7 years ago. the rest of his credit is pretty recent (within the past year), but in good standing. HOWEVER, there is a sallie mae loan on his credit with a default and we are currently not paying on it. no judgments as far as i am aware. we are trying to work with sallie mae to get the situation handled but they are not cooperating with us, to make a long story short...
my question is, although FHA loans are made for people with shotty credit so to speak, should we be worried about being denied because of this sallie mae thing?

2007-12-17 16:01:36 · 3 answers · asked by Paige 2

i recently became a landlord and would like to increase the rent after the lease expires since the rent amount is very low and my taxes have increased.

is there a maximum amount i can increase the rent by in New York.? how can i find out. is there a law that puts a cap on the increase?

my unit is not 'rent controled' or 'rent stabilized'.

thanks

2007-12-17 15:50:38 · 1 answers · asked by tom 1

How long did it take for the bank to accept your offer?

2007-12-17 15:48:38 · 2 answers · asked by hotgirl_rightgirl00 5

Why would a Lender want to Foreclose when I wanted to and was financially able to keep this house? Is there anything it it for them?

2007-12-17 15:22:23 · 3 answers · asked by ton221 2

GOOD FAITH ESTIMATE/ LOAN DISCLOSURE

Belgrade, MT 59714
2-4 unit property
Date Prepared: 12/17/2007
Sales Price/Value: $170,000.00 30 yr fixed
Loan Mount: $161,500.00
Term: 360
months Rate: 6.250%
Loan to Value: 95%

APPROXIMATE CLOSING COSTS

Approximate Origination fee $0.00
Approximate Discount Fee paid To Lender 0.00% $0.00
Appraisal Fee $450.00
Credit Report fee $0.00
Transaction Fee $1,200.00
Taxes: $150.00
Misc $0.00
Yield Spread Premium paid by lender 0-4% $0.00

TITLE COMPANY CHARGES

Settlement charges (Escrow closing fee) $272.50
Title Insurance/EPL/Location Note $409.00
Recording Fees/Assignments $100.00

Total Closing Costs $2,431.50

MONTHLY BREAKDOWN

1st P&I: $994.38
2nd P&I: $0.00
Ins: $50.00
PMI: $0.00
Dues: $0.00

TOTAL $1,194.38

2007-12-17 15:14:56 · 4 answers · asked by pieface 1

i want a nice condo like the one on frasier the show. about 5 rooms and great view of the chicago skyline. yes i can afford it but i am wondering if theres any apartments out there like that. plz help. or better yet is it possible to bulid a house by downtown chicago or even a penthouse

2007-12-17 15:07:39 · 3 answers · asked by Jak 2

Hi
I am moving out of my current apartment for which i paid $700 deposit when i first started living there. I dont see anything in the lease that says the $250 will be taken out of my deposit for painting and carpet cleaning when i leave.
Now, the manager tells me that it will cost $250 from my deposit to get those done.
However, I did smoke in the apartment and he could probably tell and he would charge me painting coz the walls might be slightly yellow from the smoke.
Also, there are tiny stains on the carpet, but just regular wear and tear.
I dont have the time or money to take him to small claims, and it will probably cost me more to take him to small claims.
What do you guys recommend?

2007-12-17 15:07:04 · 2 answers · asked by Aditya G 1

the land is in a deceased family members name who did not have a will to probate.

2007-12-17 15:03:06 · 1 answers · asked by Brooke W 1

Couple are going through a divorce, and I would like to make an offer, but I would like to know what kind of equity is built into the property.

2007-12-17 15:01:51 · 7 answers · asked by kubex1 2

2007-12-17 14:50:40 · 4 answers · asked by toedelio 1

i AM LOOKING FOR A LENDING INSTITUTIONS THAT CAN GIVE ME A LOAN TO PURCHASE A LOT THAT IS UNTITLED

2007-12-17 14:27:32 · 2 answers · asked by lani p 1

I am out of work, we had a family emergency (son became gravely ill and hospitalized for 3 months), and during that time we had to resign our lease. We signed just out of sheer pressure, since we had no way to move out. We had no idea if our son was going to live or not, and if he did he would need extended home care after he left the hospital. We were trying to keep our place, while staying out-of-town to be near our son. The rent was raised, and I lost my job, my husband is only getting part-time work. I can't work, I am caring for my son. We didn't pay this months rent, and we have been asked to vacate the premises or face eviction. Since they asked us to leave, will we be considered breaking our lease? will we be held responsible for the remaining 9 months of rent ?

2007-12-17 14:14:28 · 6 answers · asked by Bobbi 7