 Do I need homeowners insurance on a home i only plan to own for 2 months? |
| Im buying the home with cash and flipping it within about 2 months. So would i need homeowners at all? Policies usually are for one year i thought.... |
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 What's better fixed or adjustable mortgage? |
can adjustable become fixed later?
Additional Details
Thanks everyone !! :) :)... |
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 What is the housing market going to do? What is the best time to buy a home? |
We are looking to buy a new home (primary residence), but are anxious given the state of the housing market these days.
There is a house we are particularly interested in, but it is a ... |
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 Do I have to pay an appraisal fee to Mortagae Co. even if I didn't purchase the house? |
| I was buying this house and left a check deposit of $1,000 to my real estate agent. We opened escrow and had the house inspected for pest. The report came back and I wasn't happy with the ... |
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 Landlord trying to keep most of my security deposit. What can I do? I didn't take any pictures, regretfully. |
| Most of the deductions were already existing in the home or normal wear and tear. How am I supposed to prove this. Is hiring a lawyer going to cost me more than the $995 refund.... |
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 Does anyone know how to find out what mortgage I would be approved for before we go to bank? |
| My hubby and I both make about 45K before taxes. Our credit scores are about 715. Our current rent is $810. The houses we are looking at are about 95K. I am graduating from nursing school next year, ... |
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 What all do they check for in a rental application? |
| Just credit or do they do background criminal checks also?... |
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 I this property a good investment or at least not STUPID?? |
| There is a lake resort about an hour from my house, where you can buy rv lots and cabins. The price for the 1 bedroom cabin I want is just under 50k. there is also a $75 monthly "resort fee"... |
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 What can we do?!! Help!? |
| My boyfriend and I found an apartment that we really liked and were planning on moving into in 4 days. When we viewed the apartment, there were certain features that we really liked and made the sale ... |
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 I need help with my Real Estate Agent? |
| I'm trying to sell my house and have it listed with a local real estate agent. The problem is that she isn't working very hard (or at all) to sell the house. My question is, how do you ... |
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 Buying a home (unique situation)? |
| My mother passed away in August of 2007. I am administrator of her estate. I am also sole heir. I want the home, however there are two mortgages on the home. I want to pay off the 2nd ($20,000) and ... |
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 Mortgage issue!? |
| I bought my house for £46,000 last year, I now want to get a bigger morgage and take it to £75,000, a joint mortgage with my fiance, we went to the bank and they asked us to call some solicitors ... |
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 I need help! Pre-approved for home...but don't know if its the right time to buy!? |
| I've been approved for a loan of $75k (not very much I know) but was convinced by Agent that I'd be able to find a really nice foreclosure home for that amount...still haven't. I'... |
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 What is the difference between let and rent? |
| I am looking to move and am currently renting but have no clue what lettting is all ... |
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 Realtor / Listing agent submitted a wrong offer!? |
| After placing several offers on a bank owned property we finally received word that our highest and best offer was accepted. The banks listing agent sent us the banks purchase agreement and it had ... |
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Tony S | Bad idea or good idea to establish personal contact with people I sold my house to? |
The sale was handled through real estate agents...all by the book. It was an "as is" sale and I disclosed all known structural defects and flaws. The buyers sent me a nice, biographical letter along with their offer, which is now in escrow.
Would there be legal danger to me by establishing follow-up contact with them -- explaining little quirks and stories about the house that weren't covered on the disclosure statement? Things like the fruit trees on the property that need special care to produce...that kind of thing. Or best to just avoid contact with new owners once it's a done deal? |
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sspice5757
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Just leave it alone. It is no longer your home and the new homeowners will figure things out. There is no need to continue talking to them. |
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MIND THE GAP
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Avoid all contact with the the buyers. If you don't they will finds some defects no matter how small that they will want you to fix at your expense.
You can leave info about the house in a envelope as you move out if you want to. |
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Real Estate Guy
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DO NOT CONTACT THE BUYERS!!!!!!
someones quirks is someone elses problem.
If you want to tell stories, etc, write them down and leave them on the kitchen counter when you move out.
When we purchased our house, the former owner of 30 years had saved everything about the house with detailed notes. It was nice and came in handy a couple of times.
However, DO NOT CONTACT THE BUYERS until the day of settlement and even then, KEEP YOUR MOUTH CLOSED! |
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acermill
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Avoid contact with the buyers. Once you establish contact about the fruit trees and other innocent situations, the friendliness may lead to "Well, you didn't tell us about THIS or THAT".
There's probably no legal danger, but you're inviting potential problems and complaints.
And always remember. Those fruit trees of which you seem so proud may be the ugliest thing to the buyers, and they perhaps cannot WAIT to cut them down. How will you feel if you discover that ? |
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pblcbox
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What you're thinking about really **is** a double-edged sword.
You're thinking that contacting the buyers-to-be would be a nice gesture, to impart your experience and hard-won knowledge upon them, making their lives a bit easier in the process.
What you seem to have overlooked is this: you have no idea whatsoever what their plans are for the property once escrow closes and the house is theirs to do with as they will. Perhaps they're looking to uproot the trees, perhaps they're going to level the whole lot and put up something new. The point is, by putting your house on the market, you've all but removed yourself from anything further to do with that property.
By all means contact the soon-to-be new tenants if you wish, but keep in mind that your input may be both unwanted and unneeded. |
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crapaudblanc
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do not contact the buyer unless through your agent. what they do after with the house is their business. Ifthey want to rip apart that beautiful tree you planted is their business not yours. Sale the house, then they can ask a walk through where you could disclose the basic needs of the house. Anything you say can be retained against you. |
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Dont_taze_me_bro
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Silence is golden |
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glenn
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When i sold my house earlier this year, I wrote the buyers (that I still have never met) a letter. I told them the name of each neighbor, something nice about each neighbor and where they work.
They emailed me later and said it made them feel like they were already friends with everyone and thanked me.
I left this letter on the kitchen counter and they did not get this until after closing- that is the way I intended it because you never know, even with a nice letter somebody might take it a wrong way and I did not want to ruin the sale. |
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daeve930
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I would not try to contact them at this point. If you have things you think they should know, like about trees, write it down and put it all in a folder for them.
Let the real estate agents handle everything else. |
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pebblespro
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I wouldn't worry about it... The new owners bought the house and will care for it in their own special way.. So, congrats on selling your house and take care. |
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