 Anyone else really annoyed at housing situation today? |
| I am 24 years old and I recently was living in rented accomodation with a friend of mine paying £300 a month. I make an ok income but not a great amount but could in no way afford a mortgage which ... |
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 Would I be able to buy a house, someday? |
| . My income is about 35,000 a yr. Im renting an apartment where I pay 1,075 and Im able to keep up with my rent and bills. Most of my friends have their own home and for some their mortgage payments ... |
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 Whats going on with the house prices are they going to drop within the next couple of months? |
| i am hoping to put my house on the market with a month and i have read in a newspaper that the house prices are going to drop is this true ? i have to sell due to money problems and the house i live ... |
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 Good, Affordable Places to live? |
| My Husband and I work for the same company and just found out that we are being laid off - our last day is October 2nd. We live in Seattle, WA and have been living here most of our lives. The cost of ... |
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 I was behind in my mortgage payment. Now the bank is refusing to take my money. Is this legal? What can I do |
| First they said I had to catch it up. Then they threatened me with foreclosure. Now they say they will work with me, but are waiting on some paper to cofirm that I have no other liens against the ... |
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 Me and my husband just rented an apartment. the owner currently pays the light and gas in the apartment...? |
| but since we are moving in he said we needed to change the ligh and gas to our name or they will cut the service.... how do we do that without having it cut until its all processed???????...... |
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 Do I need a lawyer when buying a new home? |
| I'm a first time home buyer and about to sign a contract to buy a newly-built house. I'm a bit nervous because I'm not sure if I should hire a lawyer when I first pay some of the down ... |
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 I gave my tenant 60 days notice and she accepted but I think she will not move out on the date we agreed on? |
| Is there something I can do on that day, e.g. take back the property, kick her out on the day we agreed that she would move out anyway. She is already owing me 1 months rent plus many months of late ... |
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| Landlord entering apartment without notification...? |
My landlord has decided to sell the condo we are currently renting from her.
Is it true that she MUST give us 24-hours notice before her, any realtors, or any prospective buyers can LEGALLY ... |
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 I filed for chapter 7 bankruptcy about 2 years ago...Can i buy a house? |
| I live in Houston, Tx...and had a bankruptcy about 2 years ago..Well im working and i have a good job now and i want to buy a new home. I have a co-signer available that has excellent credit and ... |
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 AS a loan officer, what is the best way to market to real estate agents? |
Any lines or anything you've used to win over agants? Or do you call every other day or what? How do i get their referrals? Not having much luck in the agent market.
thanks
A... |
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 When I rent out a room, does my landlord have any rights or say over this? |
| I rent a 3 bed, 2 bath house on a 1 year lease. I do not want to share the lease as I only want to rent a room temporarily. I just want to be educated if my landlord has a right to meddle in my right ... |
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 When can a basement or rooms in a basement technically be cosidered " living space " ? |
| In other words ..... if a home seller has a tv and furniture in the basement ..... can they list that as a family room ??... |
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 Which house would you prefer to buy,? |
| a 1966 1985sqft house with 4 bedrooms 2 bathrooms 1 car garage and no dishwasher for 220.000 or a 2006 1575sqft house with a 3 bedroom 2 bathrooms 3 car garage house with a dishwasher for 230,000... |
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 My landlord has given me a 30 day notice. can she come over and inspect with 10 hour notice? ? |
can i tell her no? she can inspect once i vacate the premises.
Additional Details
once a 30 day notice has been given all terms of the lease are void. she is the new property owner and ... |
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 Foreclosures? |
| How many foreclosures are in your town or city? Ours has an extreme amount for its size, yet the realitors keep over pricing homes. It makes no sense. This seems to have become the norm throughout ... |
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trevmun | Can I sell house in negative equity? |
I want to sell my uk house but it's value is less than all the secured loans on it. My internet research suggests to my horror that my lenders can stop the sale from going ahead. Is this true? |
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msjuliet2005
 |
I believe you can, but that would still leave you with some mortgage to pay. Remember, a prospective buyer will only pay what the house is worth, no what you owe on the house. |
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txrealestateagent
|
This is how you might do it in the U.S., I assume it would also work this way in the UK.
Talk to your lender about doing a "Short Sale". The lender agrees to accept some lesser amount than is actually due on the mortgage.
If you have multiple loans, all lenders would have to agree. In the U.S., that is very hard to do.
If you can't get them to agree to a short sale, then you are on the hook for the difference. If you can't pay the difference at closing, the closing can not take place. |
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Frank M
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Its yours you can sell it. The question is what about the negative equity. You still have the debt. You may be able to negotiate a lower repayment figure though. This would depend upon your general debt/income/expenses situation. Talk to the lender. |
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Not Laughing w/ U
 |
If you can sell it for what is owed and pay off the notes then your lenders will not care. They will be happy to get their money back. Now, if you are selling it for less than is owed, well, I don't know. |
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padrote chingon
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No, you have to pay off your lender, so you have to pay them what the mortgage balance is...whether that comes from the sale of your house, or your pocket, is of no concern to them. |
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ultimateplaygirl03
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yeah you can but you would have top pay back what you owe, why not try renting the property out you could make the money for mortgage usually with a tidy profit on top which could help you clear your debts for sale at a later date! consult legal aid or your local citizens advise burro for more help and advise! |
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Fox Hunter
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I dont think that they can. But you will still owe them the difference!!!!
negitive equity should only really apply in a falling market!!!
How have you managed to secure more finance on your property than the property is worth?
If you think that they can stop the sale. speak to a solicitor!!!!! |
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shevlad2004
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yes you can... but it just means you have to pay the difference to complete the transaction. |
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srracvuee
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chevlad says it all nothing to add |
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Whistler R
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Of course you can sell YOUR house but I cannot see the point if you are in such a desperate state with owing money to the lenders. If you are not expecting any return from the sale and you anticipate the "LENDERS" will not let you benefit financially you should perhaps try and arrange to RENT your home from the people concerned. The worse that can happen is eviction because unless you criminally obtained those loans it should benefit all concerned by making such an arrangement - if only in the short term. |
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