Renting & Real Estate - December 2007

2007-12-08 21:25:20 · 4 answers · asked by Anonymous

I'm trying to sell my condo. If I I sell the condo at a lower price than I paid, would that free me from my old loan?

2007-12-08 20:31:53 · 2 answers · asked by Miss T 3

2007-12-08 19:16:36 · 2 answers · asked by Anonymous

Is this legal? They asked me to pay $435 to lock in the rate. Countrywide appraised our house 50K lower than what we purchased it for 2 years ago. In short, Countrywide did not refinance our home. Now, i cannot refund the $435. Is this legal practice?

2007-12-08 18:47:04 · 2 answers · asked by Brickyard95112 1

empireteam.com

2007-12-08 18:16:35 · 7 answers · asked by Empire Realty - Upland CA 2

2007-12-08 16:55:43 · 3 answers · asked by Ą ҒÌĞҢŤêŔ àŦ ҢếαЯ‡-slm 2

I am not low income and dont want to have to buy a book...but i will if necassary. I have 5 people in my family and i am going to school. need as much money anyone can give to help in buying a home :)

2007-12-08 16:42:21 · 6 answers · asked by shannon1420 1

I am having a room mate issue. If I give a written notice to the Apartment Company or Landlord that says something like

I, (insert name) a current co-tenant (insert name of apartment) will not be renewing the lease for another year by myself, with the current cosigner, (insert name), or month to month. I will expect my last payment to be on Jan 5th, 2007.

If she does not write a letter to get off the lease does that mean that she automatically will be on the lease by herself for another 12 months or does it go month-to-month until either she leaves or is kicked out by the apartment agency/landlord?

Are we suppose to write two individual letters about our own intents? What if the letter I write states that I plan on moving out, but she has one that reads that reads something like... I plan on cosigning again with (insert my name) or I plan to renew the lease again (insert my name) for another 12 month term. To me the letters would be contradicting each other.

If she decides to stay

2007-12-08 16:30:49 · 2 answers · asked by Anonymous

i dont fully understand this? if im purchasing a home for $150,000 and feel like something such as the foundation is not correct so i ask for a $10,000 credit from the buyer. Is this money still financed through the bank? do i finance $150,000 and recieve $10,000 from the seller? do i finance $140,000 and live with that?

2007-12-08 16:30:44 · 2 answers · asked by mario87123 2

I was having a dispute over electric issues. Is it better to keep your lights on in you apartment 24/7 whether you are there are not? Somebody told me that if you turn them on and off all of the time it actually raises your bill? I was told that 75 watt bulbs is the best. When is it best to turn your lights and tv off? If you have an electric heater is it best to turn the heat on when you get home or keep it low at all times. If somebody did not use any electricity at all for a month, how much would the meter be?

2007-12-08 16:15:42 · 6 answers · asked by Anonymous

I'm in the Army Guard and I currently attend Marion Military Institute. Im going to graduate next year and I am seriously considering going to University of Alabama which is not to far. I was going to get an apartment like every other college student but when I sat down and thought about it I realized that maybe its better to buy a house! I mean I can get a military loan for about 110,000 bucks and pay off the loan like I would be paying rent. The only difference is that I would be owning my property. Can anyone see anything wrong with my thinking?

2007-12-08 15:47:02 · 3 answers · asked by Senior Airman Gregory C 5

Hello,I am thinking about buying a home instead of renting. I am a teacher in a revitalization area in NJ. I
know some of programs that help teachers significantly with the fees and the process. How and where should I start this journey? Should I contact these agencies or the Real Estate Agencies OR should I try another route?? Help!

2007-12-08 15:35:14 · 4 answers · asked by nikkinat 2

I have a mortgage that gives me 4 payment options it is 8.5% but have only been paying the minimum because that is all I can afford my broker conned me into taking this loan 2 years ago and told me to just pay the minimum and we could re-finance later. He is now out of business. Is this considered a subprime loan? My balance is going up now and It is scheduled to reset where my payments jump dramatically in the next 14 months, my home is now not worth what I paid for 2 years ago. I don't know what to do now. I have never been late on any of my payments. Do I qualify for the Government rate freeze? Do I qualify for the Fanny Mae government loan? My loan is through Countrywide and back 6 months ago I contacted them to see if I could get out of this mess and they told me no because I have a 3 year pre payment penalty and now I heard they were going to start contacting Subprime lenders in January to try and help them out to get them a Fanny Mae type Government loan. What can I do?

2007-12-08 15:26:05 · 6 answers · asked by TAVIO A 2

2007-12-08 15:25:10 · 13 answers · asked by Anonymous

2007-12-08 15:02:44 · 2 answers · asked by Jean-François D 1

2007-12-08 14:46:13 · 5 answers · asked by joey 2

Unfortunately my home was foreclosed and I tought, the 1st and 2nd mortgage disappears and the procces will ended. But suddenly I started receiving calls from the bank lender of the 2nd mortgage. They said I still owed them even if the home was foreclosed and if I didn't pay them, they will reported to the IRS, so they can charge it off on my paycheck. It's that true. Need some advice. Thank You!!

(I had a 80/20 loan with two different bank lenders)
Oceanside, California

2007-12-08 14:39:33 · 6 answers · asked by Sal 1

I live in detroit, Michigan
lease signed till May,
house up for Auction January 8
is my deposit safe
I just cancelled this months rent cheque in a panic
Thankyou

2007-12-08 14:29:56 · 8 answers · asked by patrooey 1

I'm supposed to be moving in a single family home community (renting) and upon signing my lease I was told that the HOA would require me to get my finger printed from the police station. I'm working with Century 21 and they advised that thet conduct their own background check however, the HOA wont accept the lease without it. I called the HOA to verify and they advised that this was their rule.

2007-12-08 14:13:39 · 3 answers · asked by Golden Doll 1

I currently am unhappy with my mortgage company and would like to refinance. I was wondering if there was a way for me to refinance and not have to pay closing costs or any extra fees? I want to keep a fixed rate, I currently have a rate of 6.5%. I do not want a higher rate or have to roll closing costs into my payment. I just want to be able to refinance somewhere different and not have to pay anything extra. I was wondering if this was at all possible :)

2007-12-08 13:36:23 · 5 answers · asked by DA 2

Good evening to all, i was wondering if anyone might be able to help me out with some info.

We been living at this location for 10 years. The place was originally rented, by verbal agreement, to my step-father, who was one of the sons of the landlord, he however, passed away 6 years ago. When that happened, the landlord told my mother not to worry, that as long as we paid rent, we could stay as long as we liked, since they loved her like a daughter.

When the landlords wife fell ill, my mother took care of her, until she passed away, same thing happened when the landlord fell ill and passed away, which was today. The landlords sons just told us, that we should start looking for a place to rent, since they got to sell the place. Can they just kick us out like that?

We have no lease, but i been paying with checks this whole time, for record purposes. I got out of the military 3 months ago, and have not found a job yet, so i have very little money left. Any help would be appreciated.

2007-12-08 13:16:09 · 12 answers · asked by J 1

If 2 unmarried people purchase a house together and 1 leaves, can that person's name be removed from the property deed, without their written consent?

2007-12-08 12:50:36 · 8 answers · asked by Diane C W 1

I am in the process of buying my first home. I am approved for a certain amount of money but the house I'm looking at purchasing is owned by the bank and they want a "cash deal". I don't have enough "cash" to purchase so I was wondering if there was any other options out there for me to take advantage of.

2007-12-08 12:29:20 · 7 answers · asked by Steve 1

I have a family of raccoons living (rent-free, I might add!) in my attic. Now...do I need to issue a notice of eviction before I try to humanely trap them?
Please advise.

2007-12-08 11:53:02 · 9 answers · asked by Anonymous

I did so and got insurance, when a flood occured my insurance would not cover my merchandise in the storage unit
I had no flood insurance
after the flood occured i found out the storage unit was built on a flood plain
The storage rental company never inform any tennants about this
can I sue him for this and make him responsible
they had prior knowdegle of flooding that occured in another year and never put in any drainage systems or dykes or wallls to help prevent flooding

Did they have a responsiblity to tell the renters and if so do they have to explain it is in detail
i am in ohio and would like to know which law may aply to this
also they added in the contract that they had no insurance on my items

who would be liable the owner or the company
someone please help if you can thank you

2007-12-08 11:28:25 · 2 answers · asked by dick m 1

i am hoping to put my house on the market with a month and i have read in a newspaper that the house prices are going to drop is this true ? i have to sell due to money problems and the house i live in is too small for my husband and i and two children. if they do come down is it going to be a dramatic fall as if this does happen we are screwed.

2007-12-08 11:25:32 · 10 answers · asked by lisa577uk 2

2007-12-08 11:21:54 · 6 answers · asked by jfoste1 2

I have wells fargo anyone know if they will let you skip paymetns or what options they offer when you need to be late

2007-12-08 10:50:23 · 4 answers · asked by amy m 1

I woke up this morning to find that my apartment had been broken into and robbed. I locked the door but I'm sure that somebody (a previous tenant) had a key and used it to get in. I would like the break my lease and move out but I don't want to be penalized for it. My question is...Are landlords required to change locks in between tenants? I live in California and I couldn't find any information about this topic. Thanks in advance for your help!

Meagan

2007-12-08 10:40:03 · 9 answers · asked by tinkerbellstoyshoppe 1

Is the former homeowner responsible for future problems?
Here's the deal: My husband and I rehabbed a house in the spring and sold it to a cop. Well, about a month ago, she called our home (which I find very invasive since we never gave her our number) and told us that we needed to repair all the plumbing since it was now shot, even though her prior inspection approved it. Now, she is a cop and said that since we didn't have permits, if we didn't pay her she would report us to the city, which would cause us to have a flag by our name for future rehabs. She also threatened a lawyer. In the end, after we considered legal, we just payed her the money only after she verbally promised that she would not call us again. Well, of course, today she called and left a message saying that she needed to talk to us. My husband and I are consulting a lawyer on Monday and not calling her back until then. Plus, I recordered her message from my machine just in case. Now, my main question, is this extort

2007-12-08 10:12:46 · 9 answers · asked by jscarlett8 2