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Renting & Real Estate - December 2007

[Selected]: All categories Business & Finance Renting & Real Estate

the town only has a population of about 221 people, and it looks like a little rural small town and most of the houses listed on realtor.com are relatively inexpensive (even though it is near a coast???:-O What a great potential investment!!!) but anyway, there are 8 registered sex offenders in the town even though it only has like 221 people and is in what seems to be a rural coastal area. I was even thinking about maybe moving there one day if I get married, since it is right on a coastal river, which may mean easy access to the ocean and relatively cheap housing. But I don't want to have kids in a small town with 8 sex offenders. So why would there be that many sex offenders in a town like that?

2007-12-29 05:15:41 · 6 answers · asked by Anonymous

12 ft home with a small bathroom/plumbing, no air conditioning or heat?

2007-12-29 04:42:31 · 4 answers · asked by skooltransformer 2

Also,to check the house for mold,etc.? Do I call the health department or who? Who is responsible for making sure an apartment/house is up to code? Will I get in trouble if I tell my landlord that I won't pay the rent unless he has the air vents cleaned and the whole place checked out? I don't have a lease so there's no way for me to know if anything like that would be covered. In addition,I just asked my landlord how old the carpet is and he said about 9 years old and he said if it needs to be cleaned,it's our responsibility. Also,can someone please confirm or not what my friend just told me as I'm typing this that the people to call are either the Housing Department or my city's Code Compliance office?!? What is the Housing Department(or whatever it's actually called?) Are they city,county,state or federal? Also,I should mention that this is all happening in Florida!! Last thing-If an inspection said that work needed to be done and we had to move,could landlord help pay for move?!?

2007-12-29 04:23:10 · 8 answers · asked by reatta2_2000 2

What will be the potential losses to me?

2007-12-29 04:08:27 · 6 answers · asked by Anonymous

I'm interested in obtaining an abandoned house to renovate,possibly within the coming year upon my retirement,My concern is,what are the lagalities,how does one go about this?

2007-12-29 03:48:39 · 8 answers · asked by davidnapier2 2

My house is in preforeclosure. We have it for sale but with the holidays it's been slow. We received a notice from the courts & my husband picked up a form that we are to fill out & I guess return to the courts to request a court date. Our realtor recommended we do this to let the judge know we are trying to sell the house. Said it shows our efforts. He said some people don't go cause they don't feel it's worth it. We're wondering if it matters either way, it won't affect the outcome. We'll still be foreclosed on if it doesn't sell. Problem is the notice was dated 12/6. We got it 12/12 & husband wasn't able to pick up form till yesterday. We have until 1/6 to return this form, if that's what we're suppose to do. There is no explanation. What would you do? Does it make a difference either way if we go or not? And what happens if it doesn't sell? When would we request deed in lieu? And should we hire a lawyer now or wait? If wait, when? It's all so confusing.

2007-12-29 03:36:57 · 4 answers · asked by Lisa H 2

My daughter's lease expired 4 mos. ago and she is now on a "month-2-month" basis. She did not renew her lease because she knew she wanted to move after she was hit with a huge rent increase. She has found new diggs and can move in 15 days. Will she be forfeiting her ($500) deposit for not giving 30 days notice?

2007-12-29 03:03:20 · 5 answers · asked by Irishhag 1

So, me and my fiance have been purchasing his fathers house, as a gift of deed, for less than a third of the property price! (Lucky we know)! Basically its £170k and we're buying it for £50k, because he doesn't want it no more and cant afford the upkeep, and as my fiance is the only child, we said we'd take it off his hands for some cash.
Anyways we've been going through the motions for 18months and its a joke now. The valuer came around and told the mortgage company to put a rentention on the figure of 10k until both me and my partner got some odd jobs sorted out.
My question is this. How can a rentention be put in force against the seller, if it is us that are getting the work done? Surely it can only be put in place if we were getting it remortgaged? They're gonna keep 10k from the 50k until we've fixed it up! Its worth 3x the amount anyways!!!! Someone PLEASE PLEASE help us cos we're going out of our minds!!!!!

2007-12-29 01:52:35 · 6 answers · asked by pinkangel 2

I sold my home in nevada and moved back to texas. The person who bought my home was suppose to move in and keep up the payments but just yesterday a neighbor called me here and said that someone has been living there for a few months but was not the person who bought the house. I called the bank that has the mortgage and he was suppose to keep up paying the mortgage but has not made any payments in seven months i knew nothing about because any notices go to the home ( we did not want the bank to know i did not live there ). I was able to get a telephone number of the person who lives there now and they claim they are renting to own but have not seen the person they are renting from in about 2 months after giving him $15,000 as a down payment.

I have been unable to call the person who bought it from me his phones have been disconnected.
The person who is living there claims they have received many letters from the bank but have just been sending them back

do i need a lawyer ?

2007-12-29 01:49:10 · 14 answers · asked by Anonymous

Do you blame the banking industry, Alan Greenspan, home buyers, real estate speculators, etc.? I'm very curious what your opinion is. Thank you.

2007-12-29 01:30:46 · 6 answers · asked by sdn90036 6

The lease on 2 billboards on my property is up and I want to know what's a good rate to renegotiate. I'm located in Flint, MI next to US23.
The billboards measure 10' X 40' and 12' x 40'.
Any feed back would be highly appreciated.

2007-12-29 00:51:12 · 1 answers · asked by Andreas E 1

My friend had an assured short-hold tenancy. The period was for one year, the year expired on 28 April 2007. This being the second agreement with the landlord.

The tenancy agreement states that the landlord can bring the tenancy to an end by giving not less than two months notice to expire at any time after the end of the fixed term.

She received an unsigned section 21 notice dated 9 March 2007, with an expiry date of 28 May 2007.

I am aware that the notice can give more than two months, but was it valid, because it was not signed, and was served before the end of the fixed term?

If it is invalid, does she have any re-dress against the landlord or the landlord’s agent?

2007-12-29 00:10:36 · 4 answers · asked by Pete J 1

I have been turned down many times already. She skipped the August 2006 payment, and simply started paying the next month. But the bank sees that as 15 straight late payments. I never saw this happening. I live in Fla and the home is in NJ. We have first and second mortgage, nightmare. PLEASE LET ME KNOW IF YOU KNOW HOW.

2007-12-29 00:02:08 · 7 answers · asked by toddwalsh77 2

I owned my condo for about 2 and half years. Then I got a new job and moved to another city. I rented out my own condo 1500$/mon to cover my cost. In the meanwhile I paied 1195$/mon for the apartment that I live in at the new place.
I saw an explanation at turbo-tax: http://turbotax.intuit.com/tax-tools/faq...
My question is that is my 1195/mon expenses on the new apartment decuctable? is the HOA fee dedcutable?
Thanks
4 hours ago - 3 days left to answer.

2007-12-28 21:56:55 · 4 answers · asked by shinean2001 1

I signed a 6-month lease 4 months ago with 2 other guys i know. We all had agreed to be quiet on the weekdays and do whatever on Friday and Saturday night with reguards to noise. Well one of my roommates dropped out of school and drinks, does drugs, has people over, and has the music on til 4am litterally daily. Even though im on winter break it's unbarable. I've tried to reason with him and he wont comply. If I decide to leave now and break the lease is this legal? They want me to pay a month rent and forfeit my 100$ deposit. (it also states on the lease a section about house rules, including noise, which the landlord said only applys in respect to neighbors *BS*)

2007-12-28 19:56:21 · 5 answers · asked by Jon W 2

is the usa market crashing?

2007-12-28 17:50:48 · 10 answers · asked by Anonymous

Okay there is a few questions on this one..
Do you throw your own house warming party?
Can you throw one before you move in. bc my house is going to be pretty empty and i want to do it at someone elses.
Also do you Invite people i dont want to be like HEY come buy me things for my house ha. I could use all the info i could get right now .

2007-12-28 17:46:19 · 4 answers · asked by catieann 3

Will mortgage rate fall below 5% in the new year, will inflation raise greater than 3% will the US dollar ever match the British pound what do you think? Serious educated discussion please.

2007-12-28 17:42:41 · 9 answers · asked by Anonymous

I have been living in my apartment building for over a year. The apartment constantly has a fumigation/cigarette smell. First I asked the management company to fix the problem. They tried for several months and the problem still remained. I then asked them if I could be released from my lease obligations because they were not able to stop the smell. They said no, they cannot release me from my lease so I just continued to live in the apartment. A few weeks ago I found out I have some problems with my throat and lungs after went to the doctors. I am a non-smoker. It has not yet been linked to living in my apartment, but I'm almost 100% sure I'm sick due to living in the apartment. Do I have a legitimate case? Can I take the management company to court?

2007-12-28 14:13:58 · 9 answers · asked by swmg789 1

Hi, I would be grateful if you could offer me some advice. I would like to purchase a house in the USA and I have found a property which I am interested in. The thing is I live in London and I just wanted to know how difficult it would be for me to close the deal. I have the cash in hand so I won't be needing mortgage. Also how long do you think it will take to complete the transaction. I would be very thankful if you could get back to me.

Warmest regards.

2007-12-28 13:32:31 · 3 answers · asked by Anonymous

To my limited knowledge, Canadian housing market has been a "safe bet" for at least a decade. With the U.S. housing market on a downturn, would you buy a residential property for your personal use in early 2008?

2007-12-28 13:03:58 · 1 answers · asked by Anonymous

I moved into a retail strip. My lease specifies that I am responsible for any indoor electrical repairs/problems. Everything was working fine when I moved in and still is. The thing is that I recently had to have my boyfriend who is a construction contractor replace a fallen ceiling tile. When he looked in the ceiling above the tiles. He said that the wiring was horrible and none of it was up to code. He said if there was an electrical inspection it would fail. I did not check above the ceiling when I moved in and didn't think to since everything worked and another business had just moved out (because her husband in the army was transferred). My question is if some electrical work needs to be done that requires rewiring since it is not up to code, am I or the landlord responsible?

2007-12-28 12:55:10 · 9 answers · asked by Just Me 1

I live in Pennslyvania and I owe back rent so I got a notice of eviction and I want to know how long I have to move out, considering I have a 5 yr old son and it's the winter time.

2007-12-28 12:32:48 · 8 answers · asked by jerseymomi06 1

Any real estate/builder insight out there?

My wife and I are looking at a house in Salisbury MD. We've talked to the builder rep all last weekend, and will again this tomorrow.

Here is the situation -
We've comped a recent sale (same builder and same house model), sold last month... a perfect comp!

That house was listed 299k and sold for 290k with 5k going to buyer for closing... so 285k total.

Builder wanted to base price our same model house at 309k.

Builder has dropped our base price to 287500 now (closer to the 285k recent sale... since that house had no upgrades)

Our upgrades total 27k (you know that's where his money is made from), BUT we are going along with it... just to make things a little smoother.

Problem is... the base of 287500 + 27k upgrades should be 314500!! Well the builder is now set at 330k total because he wants us to cover realtor fees! Something (that in any other normal sale) would be covered by the seller. 6-7k total.

Any ideas what to do??

2007-12-28 11:59:50 · 5 answers · asked by B-Rock 1

I am trying to find ouy what legal recourse a property owner has when a tenant(already behind on rent) abandons an apartment without notice and breaks the lease-thanks!

2007-12-28 11:58:06 · 7 answers · asked by zuleha-needs a less boring job 3

My girlfriend and I put in an offer on a house only to find that the attic had been gutted by fire, the basement leaked and the foundation needed supports put in. We didn't buy the house, and lost the 400 dollars for the inspection. Now the house is pending again at the same price and I'm sure the repairs were not made, and I am pretty sure that the issues were not disclosed. Is it possible to warn the new potential buyers?

thanks!

2007-12-28 10:17:23 · 6 answers · asked by scottabreon 1

I'm 21 years old with a full time job and college 3 nights a week. All my girlfriends are buying condos and houses and paying less on mortgage than I do on rent. I plan on building a well paying career and living in a nice condo one day but I hate paying so much for rent now. Should I buy something now that isn't my dream condo and then sell it later in my 20's? It would cost me way less monthly but I could end up having it for 10-15 years when I only want it for like 5-10. I just don't want to be living in a little house when I'm 35 because I bought it when I was 21. I just want to save money now. They spend almost 300 less than me monthly.

2007-12-28 09:52:51 · 6 answers · asked by my.swag.is.serious 3

I was just wondering if anybody could tell me everything they know about forclosures on homes? A family member of mine is about to lose the house that has been in our family for 40+ years and I was wondering if there is anyway to save it or if it can be purchased? I would buy it if it can, so please I need to know everything there is!

2007-12-28 09:25:29 · 6 answers · asked by Anonymous

but some times I read something like Managed or Private and I have not Idea what does that all means. Does anybody knows what's that?
And what is when it says Coop?

Thank you and regards,
Tony

2007-12-28 09:24:56 · 2 answers · asked by Antonio 1

fedest.com, questions and answers