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 Why has there been such a HUGE increase in the number of home foreclosures in the US over the past few years?
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 Buying a house?
At what age did you buy your first house? I'm 23 yrd old and living in an apartment for 3 years now and I feel like a house might be cheaper then paying rent every month. My lease is up next ...


 I live in SD,CA.I have 2 mortg. If I foreclose on the 2nd first will that prevent me from owing a deficiency?
I bought my condo 2 yrs ago in Chula Vista California. I have two mortgages for my home. The first one the big one is interest only 4.625 wich jumps 3% in Dec causing a $500 hike on my monthly ...


 What Loan Options Do I Have?
My lease is up in May and I am thinking of buying a house. I
am 20 years old and I made 54k last year.
I can afford 1,700 a month for morgage
I would like to buy a fixer upper and I ...


 Do you have to pay the realor fee as a buyer?
I want to know if i am the buyer for the property, do i need to pay the realtor any fees?...


 I'm a first time home buyer what are some things I should be aware of?
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 Just moved from CA to SC & HATE IT.bought a house. when can we sell w/o paying lg penalties?
bought a house in SC due to low cost of living. sure not in KS anymore! we r 2 retired folks, just put over 20K in the house for upgrades & remodel(what a mistake that was). not to old to work I&...


 I am buying a FSBO home. Who's lawyer typically writes up the purchase contract: buyer or seller?
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 We have refinanced our home(Alabama)We added our 23 year old to the loan AND the deed.Right choice for child?
In other words, since the child is on the actual mortgage loan and the court deed, child should automatically be entitled to the home without any issues in case of death of parent or parents?...Child ...


 Someone attempted to break into my apartment. Is that legal grounds to break my lease?
I really don't feel safe anymore and would like to move, but I just signed a 12 month lease....


 Is an apartment thats 646 sq ft too small for one person. The room is only 10 x 10.?
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 Mortgage/Job Probation question?
I just started a new job, totally spacing on the fact that fiance and I were planning on buying a new place in the next few months.

My question is, if my fiance and I were to apply for a ...


 Home equity on a house paid with cash?
Hello. Were looking to buy a home. And pay in full with cash. Will we gain home equity faster that way?...


 How do I get out of my apartment lease without ruining my credit?
I found a house I want to buy but I have 9 months left on my apartment lease. I can't find someone to take over my lease and I need to do it right away. Help!...


 Should I buy Shop?
My husband and I are thinking of buying a local shop ( grocery store) that has recently become run down due to bad management. it used to be a little gold mine years ago..and could be again. Just ...


 What is the average brokerage fee for realtors, mine is giving me 7o/o here in Indiana.?
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 Selling a house for $325,000 at 6% what is the realtors commission?
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 Why doesn't my realtor want to give back my documents after my offer got rejected?
My california real estate broker told me over the phone that she shredded my deposit check even after I told her I'll pick it up. I asked her if I can have the shredded check back she tells me ...


 Realtors: if i only offer 4% on my house, do both the selling and buying agents get 2%?

Additional Details
The house is worth about 250-275k...I found it on the internet, and i had a buyers agent.....i thought it was insane to pay 6% to have her unlock the door, show me ...


 What does the H.U.D. stand for? And what does it do?
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Matt
Can I break a apartment rental lease before I have moved in?
I am supposed to move in a week and went on a apartment ratings site and found that there are a lot of problems at the apts I signed a lease at. My fiance and I want to sign a lease somewhere else. Do I forfeit my security deposit and still have to pay for this apt? We haven't given a first months rent with the security deposit so I wouldnt think the contract is binding yet? Please help!!!
                     
 




bostonianinmo
At the very least you'll probably lose the security deposit. Without reading the lease I couldn't tell you any more than that. If you actually have signed a lease, the deposit would bind it. Once you sign a lease, you are bound by its terms for the entire term of the lease. So at least in theory you can be held liable for the rent for the full term of the lease. The landlord has a legal duty to make a reasonable effort to find another tenant to minimize your loss but you can be held liable until he gets another suitable tenant.

A well-written lease would address the issue of failing to move in and what the penalty would be. So that's your first step: Read the lease thoroughly.

Checking up on an apartment complex's reputation after signing a lease is kind of like shutting the barn door after the horses have all escaped.


Fulltime in my RV (I wish)
Rating
The contract is binding as soon as one party gives something up (consideration.) I presume the apartment has been taken off the market. If they have refused the apartment to a potential tenant, then you will have harmed them if you don't take it. You are then liable for that loss.
They are required to attempt to rent the apartment as soon as possible. But... I worked for a management company who felt that as long as someone was paying for the aprtment, they put it at the end of the list of apartments to show.
If there is a reason for you to decine posession of the apartment, then you can get out of it. If someone approches you & makes you feel threatened, then you might have cause. Other wise.... you're stuck. Before entering into any contact, do your homework! It's called due dilegence.


D
Rating
read the lease that you signed, that will tell you.


just♪wondering
You better read the fine print of the lease you signed. Then call the company and tell them that your circumstances have changed and you will not be be able to afford their apartment (red flag for them so they will not want you as a tenant), so you need to know what to do to get out of the lease. Hopefully, you will only lose whatever deposit you paid. In the future, do not sign contracts unless you are sure. Do your homework first.


oracle
Its binding as soon as you signed a lease for a lease is a legally binding contract -chk the print if there is a time limit where you are allowed to bow out of lease but if none then you are stuck. If there a problems with the specific apartment that you signed a lease for then you need to note them and all the problems at the apartment site-then you need to submit them to the landlord in writing-have them notarized and you keep a copy-if you have to send through the mail then certify for a return signature at the post office. The Landlord has to be given opportunity to repair problems---if there is a serious security/safety problem and you weren't told then you might have a valid reason but since the ;lease is a legal contract would advise you to call a lawyer that specializes in contracts/leases and so forth and ask for advice(phone consultation is usually free-if told you have cause then some money may well be Worth it to have legal papers drawn up by attorney---if there is no safety or problem that makes living in the apt and /or complex intolerable then you may have to pay apt until lease expires. Good Luck


Ralfcoder
If you've signed it, it's probably binding. Read the lease for details. That is a contract between you and the apartment owner or manager, and should cover that sort of thing.

If it doesn't provide for a way to get out of the lease, then suck it up, be a man, move in, and be responsible for your actions.


fumeluv
Rating
before you sign the lease you should have pay for the apt but if you haven't pay for the apt then the person who gave you the lease dn't no wa they are doing or want to get you in something you dn't want to get into so i suggest to go back and discontinue that lease


Jim A
You will almost certainly have to live up to the lease you signed. If this seems unfair, consider that the landlord (and yes, I am one) took the apartment off the market when you signed the lease, and missed out on other people who might have taken it. Your breaking the lease costs them money, which is why they'll almost certainly hold on to your security deposit.


Wibble
without seeing the details of your rental agreement, i would guess that you wouls at least have to forfeit 1 months rent for inconvenience as the landlord could have had another prospect instead. But if you can find another person to move in instead I believe that is an acceptable alternative for the landlord


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