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

 Should I just walk away from my house?
I am currently buried in my house payments and student loan debt. I have an opportunity for another position in another state for considerably more, say 50%. I owe about 30% more on my house than it ...


 Are distressed sales factored into the appraisal of a residence?
An acquaintance tried to refinance but couldn't because the appraisal of the residence came in too low. A factor was two houses (next door and across the street) were distressed sales, meaning ...


 Is it legal for a housing rental company to enter the dwelling a tenant is renting without their permission?
We have been renting the same house for three+ years currently. The house has changed rental companies three different times so far. The newest company is giving us hell for no reason. We've ...


 LAWS - should I pay rent if landlord is not keeping up maintenence?
St. Louis, MO. Law, My apartment is falling apart and I have an astronomical gas bill because there is poor insulation and drafty windows. Can I refuse to pay rent untill these issues are resolved?...


 To share or live my own?
Right people , i need your help. Im sharing a place with a mate, which i have been for about a year. Suddenly ive got the urge to live on my own , i am not unhappy where i am , but feel like a change....


 I want to buy a house worth 310000. I have 263000 in cash but for the rest i want to get a mortgage.?
But the problem is i am not working. Is their any wayI I could get a mortgage....


 Want to be a real estate agent...?
I am a sophomore in college and i am interested in being a real estate agent. My major is construction management, and i will graduate with this degree program. I can wait till after college, but I ...


 What are the disadvantages of owning your house outright?
If my house is completely paid off, are there any disavantages with my situation?

Can someone sue me and take my house?

Are there issues with getting a new loan for a new house?<...


 How much would it cost to build a house on long island? Not including the price of land.?
...


 I am a property appraiser in Florida, my boss owes me for five months of back pay. How do I get my money back?
He refuses to pay me and I quit about a few weeks ago.
Additional Details
I am a subcontractor, I get paid 60% of all work completed. He tells me he is having problems collecting money, ...


 Is anyone else struggling to get onto the property ladder?

Additional Details
Its so frustrating were renting at the moment (which is dead money) its so hard to save a decent deposit esp when you have a car to run etc etc, i feel like just ...


 Having problems with my landlord...Need legal info and direction!!!?
My landlord sent a certified letter from his lawyer stating that I had 30 days to put my 22 year old son out. My son is not named on my lease (which) I drafted, but there is no statement regarding ...


 What if the banks appraisal is less than my offer? What happens then?
Is there a contingency we should have made regarding this issue? Or is it standard to renegotiate or just with draw?
Additional Details
Maybe because I live in a very small town, but we ...


 What's the difference between Condo and House?
as an owner of a Condo, do you really own the land on which your home is built? how often do they increase the maintenance fee?...


 Would anyone buy a house that appears to have termites?
I have never had anyone come out and see for sure, but I have found a baseboard that was eaten away. The footer behind it is solid as steel however. I also found what I THOUGHT was a crack that ...


 I want to buy a home?
I know which home I want, and I am also pre approved for a loan. Who should I contact to handle all the paper work or does the seller take care of all that?...


 Why is it so hard to get housing?
Council housing that is, unless you are 17 and pregnant!...


 Do you need to give 30 days notice in a month to month renting situation?
My friend is leaving her slightly abusive housing in California. She has not given 30 days notice and says there is no reason thats what the deposit is for and she doesn't want it back.

...


 What is 10 % of $69,550?
what is 10% of 69,550
Additional Details
1 i came up with 6,995 but i wanted to make sure it wasnt just me cause i dont think that this house is worth putting that much down own thats ...


 Can an apartment manger ask me to leave if I have lived there for 6 months for a crime that I committed 4 ago?

Additional Details
I plead no contest to a drug charge almost 5 years ago. Well they asked on the app. have you ever been convicted of a drug offense. Well I wasn't I pead no ...



CoMMonGrouND
Can I really hurt my credit?
I moved in to an apartment and signed a 1 yr contract, and now I want to move out but there is still abt 8 months left on the contract. If I just leave and notify the management that I left can it really hurt my credit? The place turned out to be in a bad unsafe location and too expensive for what it offers. I have paid all my bills on time so far but much longer of this and I wont be able to even buy groceries. So can I just leave and it not affect my credit too much?
                     
 




&quot;Einstein&quot;
Absolutely you can leave. In fact, you have a legal precedent for leaving.....your safety. If a person feels unsafe in an apartment then by law they must have the opportunity to leave said premises. Look in the government/help pages for your city and find Landlord/Tenant and call them. Just try and give them 30 days notice and site unsafe environment for your reasoning....that you've been harrassed and even followed and found people hanging around your door. Are there camera's in your hallway, outside of the building? Are there security systems...if there are not these are all things you can use against them. And by the way, NO, your credit won't be damaged a wit because if you put forth a legal precedent they won't go after you because they know you're smart enough to sue them back. Besides, when people are under 28 or so they think things like this will hurt them just because a management company or landlord said so....rarely true. Email me wi/any other questions. Be strong, be smart... good luck.


april_fay21
If you choose not to pay the reletting fee then yes, it can hurt your credit. Many apartment complexes will charge you for the remainder of your lease meaning 8 months times your rent plus other fees. If you moved out early the best bet for keeping your credit clean is to pay the reletting fees. I know this because I had a 2 bedroom apartment with a roommate and she left me to pay it by myself and it was too much for me. Thanks to her I now have a $3,000 lease on my credit. It hurts.


missyofallainhouse
There are certain situations that would allow you to break your lease. However, if you just left your landlord could sue you in small claims court for whatever is left of the contract.


aout
I don't think it will affect your credit, but you will have to pay to get out of the contract. Either that, or you won't get your deposit back.


brendagho
They probably dont report to the credit bureaus but if they file it in court and get a judgement then it may affect your credit. The major credit bureau's usually have someone that goes to the courts and gets copies of the judgements and then they are recorded on the credit files. You might want to talk to the management and see if they will let you out of your lease.


robin
It'll hurt your rent history. So if you want to rent another place, it will be on that record, but as far as credit history for loans and credit cards, no it should not hurt your credit.


dlin333
you need to give a 30 day notice,,,, otherwise the landlord will try to charge you for atleast one months rent if not more, so turn in your notice now,,, pay any of next months rent that is due,,,,,


Watchman
Only if you are reported. When I first rented out my first home, my tenant left before she fulfilled the lease agreement. I never reported her so her credit wasn't affected.


kjlh58
Rating
If you signed a legally bind-ed contract, you are obligated to honer it. If it says 12 mo. that's what you will be paying whether you live there or not, unless you can prove in court that the apartment wasn't as advertised. You will need that contract in court because, most likely that's where this is going


hot like me
Don't do it if you leave that's breaking a lease and that's called eviction and that's very very bad for your credit. You probabally will not be able to get another place. And it will follow you around the rest of your life.


 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. 0.024
Copyright (c) 2011 Financial Crisis Monday, May 28, 2012 - Terms of use - Privacy Policy