Home | Links | Contact Us | Bookmark
Financial Forum Search :
   Homepage      News      Financial Topics     Finance Directories      Financial Forum      Dictionary  
Financial Forum    Renting & Real Estate
Finance Discussion Forum

 What does it mean houses with "bank Owned" ?
...


 Would you buy a house whose owner was hated locally?
There's a house for sale I've seen which is a bargain price, but on looking round the outside, it's had eggs thrown at the windows, a window is boarded up and it's obviously empty....


 I am planning to buy a house.?
What is the right thing to do ? should I pay 20% down payment or maximum amount whatever I have ?...


 Question about pets in apartments?
What if my apartment was robbed and I had a dog?

What would happen to the dog if the robbers got in? Would it be hurt? Do robbers normally hurt the dog? I'm afriad to get one in an ...


 To home inspect or not - that is the question?
So this morning my husband tells me that if our new mortgage company doesn't require us to have a home inspection on the home we're purchasing, he doesn't want to waste the money on a ...


 Should my landlord pay for boiler repairs?
The boiler keeps switching itself off after a few hours which almost always means it stops working in the middle of the night and it's cold when I wake up. Tried to get the landlord to fix it ...


 Can't afford the house mortgage, can the house be given back to the bank?
My parents have a 1st and 2nd mortgage on their house. They are getting older and cannot take care of or afford the house. The house needs a lot of work. Is their away to give up the house without ...


 Can you buy a house with a credit card?
...


 Advice - horrible ex owner!!?
We have purchased a house (the sale completes and its ours today!!!!!) the previous owner came across to see us last night and said that he wanted to "rent" the garage at the bottom of the ...


 I have used a piece of land, which no one for 11 years, now someone is saying they own it, can I claim it.?
the land is 49 ft x 150 ft, it forms part of my land. The so called owner asked me 11 years ago did I wish to buy the land, I asked him to show me proof of his ownership, then I would talk to him ...


 How do I legally get a family members out of my house?
My daughter and granddaughter live at my residence and have for over a year. I spend most of my time in California. My daughter seems to think that it is her home and she can do or say what gets ...


 My husband and I have been approved for 100% financing to buy an new house. We don't have any money for the
closing costs. This is both of our first time buying a house so I'm just a little confused. What is the closing cost for? How can I get money to pay that? How much does it usually cost? Sorry if ...


 How much is your rent ?
How much is your rent a month ? i'm paying £204 for a 2 bedflat, which isnt in the nicest of area's ! Would you say thats reasonable or not ????
Additional Details
forgot to ...


 Why do some Landlord treat their tenants like crap?
They see their houses as investments and are just greedy. They charge £600 per month for something the council would let for £274. They don't care that the people who live in them need that ...


 Can I back out of a contact on buying a property?
I have signed a contract with the seller and have given a thousand dollars to the title company. Everything is going well and we're ready to close in a month. I just found out however that a ...


 We signed on a house 3 weeks ago and we are having serious buyers remorse?
is there any way we can legally get out of this house purchase? This trasaction has physically ruined me-im suffering from Depression because of this stupid idea that we could afford to own. We ...


 How the crap can anyone afford these new $250,000.00 homes and have an average job?
During the past 3 years,I have looked at several dozens homes for sale (probably over a 100) and a lot of these homes I consider "Used Homes" (just like a used car), but people are buying ...


 Suggestions to promote fast sale of house?
We are trying sale a house in Neosho Missouri and relocate to Arkansas. I already have a job and am in Arkansas, but my husband isn't. Its not a fancy house, but it is a nice house with a lot ...


 Can our landlord do this?
We have been leasing our current home for four and a half years. We have been on a month to month since october of 07. We recently put in an application for a new home and were denied because our ...


 I paid an electric bill. The electric company has no record of it. They say I owe $400+. I paid it? Help?
I moved 3 times in 3 or 4 years. I had electricity in one place, fine. Then I moved into Chicago, had it in my name, paid it every month and often extra. Then, I moved elsewhere and had it taken out ...



~mj~
Bounced rent check?
Okay, I am going to come off sounding really irresposible here but I'm very worried. Two months ago I my rent check bounced due to poor book keeping on my part. My landlord called me and was not angry but stern about it. I sent him another check for rent plus fee. This month,my rent check has bounced becasue a check I deposited bounced. I live in Mass. Can he evict me for this. I will have the money on Friday. I'm worried that if I call him, he won't bealive me. What is the best plan of action?
                     
 




united9198
Rating
Mistakes happen, but you can believe me when I tell you that the landlord has heard every "the dog ate my homework" and "the bank screwed up my account" and "I mailed your check last week" excuse in the world. He would much prefer to keep you in place and get paid on time rather than spend the time and effort to evict you.

Call him immediately and appologize. Tell him that you know he does not want excuses, he wants to be paid. Tell him that you will absolutely have his money on Friday and that you understand that he needs to be pain on time or you will be evicted. Take your responsibility seriously and understand that if he gives you another chance, you owe it to him to keep your word. Don't cut things so short that you will have trouble again. Everyone makes mistakes, but habitually breaking your word with BS excuses is kid stuff and no one wants to do business with someone who does that.


Heather S
Rating
I would call him first before it comes back to him and come clean to him. Show him that the check you deposited bounced causing this chain reaction.

He could evict you if he wanted to go through all of that. Or he might just make you give him money orders from now on. That's what we do to our tenants. If they bounce a check just once, we make them pay by money order or cashiers check for a year before we'll allow them to pay by check again.


beachbuddy
Discuss it with him. He re-started any possible legal process by excepting a check as payment on a returned check the first time. Eviction is a long way off due to all the filing of warrants and court procedures. He will have to refuse your payment Friday if he wants to start legal proceedings for this reason only.


billm_07456
Rating
Call him and let him know, apologize and say you will pay the check bounce fee.

Eviction is a process that has to go through the legal system and can take months, generally landords won't do this unless you owe back rent for a few months.

See if you can get overdraft protection on your checking account, they will link a credit card to your checking account and if you overdraft they will deposit the money in your account and charge it to your credit card, there is a fee for this but it is less expensive than a bounced check fee, and it will spare you the embarrasment as well. Also it will be better for your credit rating. But do not use that credit card for anything else and always pay it in full every month.


t79a
You need to call him right away and tell him you will have a money order ready for him on Friday, including fees. From now on I would pay with a money order to prevent this type of thing happening.


Bluto Blutarsky
No he can't so long as you actually do pay him the rent.

If you are late, the courts will not evict you. It is not easy to get a residential eviction. You need to have a solid reason not just a technical default that was later corrected. It will lower his lack of trust for you so if you are late on the rent in the future he will become worried and will not trust your checks.

You are demonstrating to him (regardless of your excuses) that you are unable to pay the rent.


Amanda F
Rating
Show him proof, tell him your embarrassed about what happened to begin with and you know this looks even worse on your part but they fall under different circumstances... and START PAYING WITH CASH OR MONEY ORDERS!


papeche
Rating
call him before he calls you
and offer to pay in cash/moneyorder on friday...
apoligze and tell him that the circumstacnes were beyond your control


Lovely B
Rating
You can't be evicted for boucing a check...it better to write the check late then bounce a check...Call the man and be a real woman about your business....work on being better with your finances.

I am luck I have had an account for years witht he same bank so they cash my bad check because I have direct deposit with all my monthly income.


le_roche
Rating
I would call him before he calls you. Though its not any of his business, I might show him proof that the check you deposited bounced. I would also give him a Cashier's Check instead of a personal check to replace the one that bounced.

You should probably contact your local housing agency to see what the law is on evictions. If you've been a pretty good tenant to this point, that certainly can't hurt you. Just don't avoid him.


kna0831
You would need to check your rental agreement about being kicked out, but before he gets a chance you need to call and let him know. Also you most likely will need to get a money order to pay him, some places will require you to pay by money order for awhile after too. This way they know they have the money and you won't have to worry about a bounced check.


Mark P.
E-mail him a link to this question showing the answers, that should show that you are honestly trying to get it resolved.


Kikyo
Rating
Call your landlord or go see him in person. Inform him of the current situation and bring proof that the check you deposited bounced otherwise he might not believe you. Since you say you are going to have the money on Friday, ask him if he will accept payment for late rent on Friday.


Petcreatures78
Rating
Call him and explain. Offer to pay in money orders from now on.


PiNkY
Go talk to him face to face. Explain what happened and promise to pay with a money order from now on!!!


rmccarty1@verizon.net
I don't live in Mass, but CALL your landlord! He will really appreciate that you're trying and not ignoring him! You need
to sit down and do some serious budgeting. Make priorities!


carburater73
Rating
To avoid further bounced checks consider a money order or a cashier's check. A cashier's check freezes the funds in your account (in the amount of the check) so that it is guaranteed not to bounce.. It costs anywhere from .75 cents to 1.25 depending on your bank but better than the emabarresment (sp) and the bounced fees not to mention your late fees.

Be honest with him, tell him what happened and just don't pay with a regular check anymore.

Get debt counseling. It helps!


Life after 45
Rating
Honesty?


mmd
In Virginia (which loves landlords a lot more than it does tenants) it takes six consecutive late payments to justify eviction. Get him the money ASAP.

Talk to him first...let him know that the money is coming. Apologize for hassle YOU are causing him. Be contrite.

You'll be fine.


keith s
Rating
Just tell him that from now on you will give him a cashiers check for the rent so he won't have to worry. This should calm him down. He would rather have you living there than have to re-paint and try to get a new tennant.

After a few months of giving him a cahiers check he will start to accept checks again.


Steve E
Yes he can. I would take him proof of the bounced check you deposited that caused you to bounce a second rent check. If you don't have the proof, better start working on your begging skills. Most landlords these days will only let you slide once on bounced checks. Good Luck


ezsouthernliving
I would call him and tell him about the situation.

I would explain to him that you took him very seriously the 1st time this happened and that you did not want this to happen again. Unfortunately, a check that you deposited into your account bounced.

You can get documentation of the bounced check from your bank.

Explain that you will have the money on Friday (plus fees). Hope that your landlord is understanding of this.

An option to try to mend the fence is to offer to your landlord to give him money orders for rent for the next 6 months to help gain his trust back and so that you can show him that you are a responsible tenant.

Getting money orders will require responsibility and care on your end to balancing your books and making sure that you have the cash to pay your rent.

In the end, your landlord does have the right to evict you if your rent is not paid. These rights are outlined in your rental agreement (you should have one in writing) ... always make sure that you are aware of your renter's rights!

Be honest, that is the best. Good luck!


 Enter Your Message or Comment


User Name:  
User Email:   
Post a comment:







Archive: Forum -Forum -Finance - Links - 1 - 2 - RSS - All RSS Feeds
The Causes and the Results. 0.014
Copyright (c) 2011 Financial Crisis Monday, May 28, 2012 - Terms of use - Privacy Policy