Renting & Real Estate - December 2007

In a few months, my husb and I will be purchasing a home from a friend. We currently own a home and have owned homes in the past. But we have only bought and sold with the help of an agent. How do home sales by owner work?

PLS ONLY QUALIFIED ANSWERS!! Thanks!

2007-12-01 14:24:09 · 7 answers · asked by Corry 2

What will I be charged? One overdraft fee, or an amount for each increment of say something like $30?

2007-12-01 14:19:43 · 13 answers · asked by LetLoveIn 2

I was thinking about buying a house about 75 miles away from where I live on a lake. I want to use it sometimes. When I am not using it, I was thinking of finding a management co. that would take care of it while I was away and renting it out by the night to help pay for it. Would my idea work? If so, how much for someone to care for it?

2007-12-01 14:11:36 · 3 answers · asked by Anonymous

Doesn't a landlord have to notify me 30-60 in advance for any changes in the rental agreement? (i.e. rent increase) Can she make me sign a new rental agreement ea. month if I haven't signed a lease?

2007-12-01 13:57:34 · 4 answers · asked by Toni B 1

paid cash, 6 mo hold/repair then sell. Purchase price 50k. selling price 72k. What about taxes?

2007-12-01 13:40:04 · 3 answers · asked by batman 1

My husband and I just recently signed a contract for a brand new house. It's all new construction and was on the market for 134,900.00. The builder decided to lower the price before we signed the contract, and dropped it to 129,900.00. So we went ahead with the deal and decided to buy it. We qualified for no money down, locked at 6.8 percent interest rate, and we asked the realtor if we could go ahead and get the loan for 134,900 to use that difference in price to pay off some of our debt, which come to a 5000.00 difference. She said that it would be fine. We were sch. to close on Monday the 3rd. Well, we found out yesterday that the appraisal came back and the house isnt priced right @ 129,000. It's actually cheaper. So now they have told us that they are not sure when we will close, until they can get in touch with the builder & negotiate. My question is, can he refuse to neg. the price and keep it where it is, and what does that mean for us? Thanks y'all!

2007-12-01 12:26:24 · 3 answers · asked by Anonymous

It is taking for ever for my house to sell and someone brought up the idea of me renting it out until it sells.

Can that be done.. How does it work with the renters.

Is it a good idea.?

2007-12-01 11:56:47 · 4 answers · asked by LadyCatherine 7

I read my lease agreement and it doesn't mention this(I think) but I want to leave but I was told by my landlord that my roommate(ex boyfriend now) needs to be present to sign my name off. Is this true? Do I need his permission for this?

2007-12-01 11:56:45 · 3 answers · asked by Anonymous

I live in Connecticut and my lease is up in January and I cannot afford to stay in the apartment. But if I move I need a security deposit and to come up with the money I cant afford to pay my last month of rent. I was wondering how long the eviction process takes so I know if I can get kicked out before the month is over.

2007-12-01 11:30:46 · 26 answers · asked by Anonymous

he is now saying that the place was trashed he gave me half the deposit stating that everything was fine this was on mon he asked me to hold the ck till fri two days later he stopped payment on the ck and is now threatening to take me to court. he did not call and inform me of any problems when i called to get the other half o f the deposit he was irrational stating that the place was trashed which it was not !

2007-12-01 10:49:07 · 4 answers · asked by Anonymous

Basically how much can I save as tax ? . What is the maximum amount can I deduct from my income ?. Now I live in rental apartment.

With regards,

2007-12-01 10:32:15 · 3 answers · asked by i-love-god 1

If a bedroom has two doors in it, is it considered a bedroom when you sell it on the market?

2007-12-01 09:40:17 · 4 answers · asked by =) 2

we like a 3 bed house in york, UK. the price is £150,000. We like the hosue but want to pay around £140,000 only.

Can we make an offer of £140,000 or will that be too low as offer???

Need hel, thanks.

2007-12-01 09:29:47 · 15 answers · asked by wonderful 1

I have a basic of £38k and an annual car allowance, paid as salary of £5k. My wife earns 25 - 30k. We were wondering what limit of martgage we could expect and what the monthly repayments might be.

2007-12-01 09:03:59 · 3 answers · asked by stepheneuro 2

Personally i think it's a bad idea, and i'm aware that i'm in a minority group here. My point is...... will this mean prices in the already expensive Aberdeen will rocket even further, to the point that us Aberdonians can't afford to live in our own city any longer? Come on people, we've already had the oil boom. Look what that's done to property prices among other things. I have two jobs and i'm still struggling to make a living up here. Rich Americans move in and how are we expected to pay the inflated prices that will appear once businesses realise that they have a lot of money? It is a case of "local hero?" "I want to buy the beach....?" Thoughts and opinions please, as this has caused one hell of a kick up in the local papers recently.

2007-12-01 08:33:03 · 3 answers · asked by . 7

It just seems such a waste and shows some degree of irresponsibility and also vindictiveness on the part of the lender

2007-12-01 08:16:35 · 10 answers · asked by Anonymous

I have a 2 year fixed mortgage for 92K in it i can sell my house an buy another one during that time, i just need to know can the house be a cheaper one? or does it have to be 92K and above?
Thanks

2007-12-01 08:02:10 · 9 answers · asked by Rianna R 2

We installed a furnace, lp tank, and lines to house. NO HEATING SOURCE IN HOUSE FOR WINTER!!!!!!!! Can we charge the landlord for installation fees

2007-12-01 07:31:35 · 7 answers · asked by Peggy M 1

I know that a large part of a mortgage payment goes toward the interest on the loan. So how much of what I owe on my house is interest and how much is principal? When I make my payment, it says I owe a certain amount in total. Is that the principal or the principal PLUS the interest? I'm just wondering because I read a couple articles lately that suggested that even paying an extra $100 on your monthly mortgage payment would pay off your house a lot quicker, however, I can't see that an extra $100 a month would make THAT much difference if the amount I see that I owe is all principal.

For instance, if I owe $200,000 on my loan and I pay say $1500 a month on my mortgage payment, adding another $100 a month is going to be about an extra $1200 a year. How is that going to result in any significant savings? Can someone explain this to me please? Thanks!

2007-12-01 05:28:18 · 7 answers · asked by Emily Dew 7

just discovered that my mother's house is in foreclosure. Apparently a Notice of Default was filed last August but she did not tell me about it.

Now I have just Discovered that a notice of trustee's sale was filed last week with a sale date of December 13.

Apparently my mother had been refinancing her house every year to get more money to live on.

They were charging her huge prepayment penalties and huge fees every time she refinanced.

She received very little money herself. The mortgage brokers made all of the money.

This last mortgage that my mother got had payments over twice as large as her income from social security and a small pension.

She has some equity left in the house. I need to stop the trustee's sale and help her put her home on the market so that she can sell it and recover the little equity that she has left.

I also want to take legal action against the mortgage brokers for what they did to her and recover some of the equity that they stripped.

2007-12-01 05:23:49 · 6 answers · asked by Ginger L 1

I live in Canada, and my city has very good tenancy rules. I thought about sneaking in a cat, but I don't want to tell lies. And if my landlord ever did find out, I would get evicted. So I don't want to sneak around. It's out of the question.

I have a bad case of depression, and I feel very much better around animals. My doctor and therapist even agreed that having a cat would be good for my mental health.

But I moved into this apartment just at the end of September. It is newly renovated with hardwood flooring.

I have the money to care for a cat and would have no problem paying a pet deposit and paying more rent. I have done thorough research on owning cats.

But how can I convince him to get a cat? I really love cats. Fish just aren't the same... Please only give serious answers. Thanks.

2007-12-01 05:15:33 · 5 answers · asked by not y 1

my offer was accepted. he got all the infomation from me(the address the final offer ect...) at sencond day he put on offer on the property that I went him for. it's there anything can do with the law? regulations... in state of New Jersey to make things right?

2007-12-01 04:58:08 · 3 answers · asked by tongqing 1

as a down payment for a more expensive home?

2007-12-01 04:47:37 · 7 answers · asked by the_honorable_spm 2

My husband is in the military. We found an apartment we like and the agent informed us that they will not sign the military clause because it is already in Virginia's state statute. I just was wondering if anyone can confirm that this is true. Thanks.

2007-12-01 01:18:58 · 5 answers · asked by Ilovehome 2

hey, i would just like to know a bit more information on these topics (preferably from someone who lives in california, or has been there):

so right now me and my family live in a house in central london worth an estimated £500,000 which is roughly the equivalent to a million dollars, i think
well if we were to sell the house here and try a new life in CA, would it be easy?
whats the good and bad areas of CA?
gangs, or any violence in a specific area?
and what type of house could one afford for $950,000 in CA?
quality of life?
is CA like the films and tv shows? i.e. The O.C
is it expensive?( i think not compared to london)
Education there, name of a few good colleges, universities?
and in general personal opions on whether i should leave london or not.
If you were in my posiion would you move? considering london is a major city, where house prices are almost doubling each year?
the more info the better!
Thanks, in advance.
[will pick best answer]

2007-12-01 00:06:39 · 6 answers · asked by Anonymous