Escrow Question...? |
| I have money sitting in escrow from a real estate deal that fell thru. I was denied by the co-op board... How do I go about getting it back? I have no lawyer anymore. How long can money sit in escrow?... |
|
How do I finance a house down payment while I am still making payments on the home I am trying to sell? |
| The buyer for our home just backed out and we have to close next Friday on the house we had made an offer on. We don't have enough cash on hand without our equity in this house to make the down ... |
|
Where do you think the housing market is going to be in 5 years? |
| I live in Huntington Beach about 2 blocks from the beach amnad main street, I bought my property for $500,000 9 months ago and have an oppurtunity to buy another 1 for $375,000 and I could rent it ... |
|
Landlord Obligations? |
| my sister is a landlord and is moving back into her house that she has leased so does she have to go through her solicitor to tell them they have to move out. what is her legal obligations for ... |
|
My landlord is taking me to small claims court after a year of moving out when he gave me my full deposit back |
| I moved out and then a year later he is suing me for 3000.00 for replacing the carpets. When i moved out we did the walk thru and he gave my full deposit back.... |
|
Mortgage Loan Question? |
Our good friends are buying their first home. They are more than confused about how to finance it.
The home costs $130,000
They do have $10,000 to use for closing and or down ... |
|
Compelling reasons for/against moving to Florida...please? |
| I'm a single mom of a five year old, and am considering a move to the Brevard County area of Florida. I don't really like Florida, but as I see it, I can struggle anywhere...and I have ... |
|
Looking for a lender that doesn't require employment verification with mid score of 768 and no late payments. |
| We have excellent credit, no late payments, not much debt apart from credit card and always pay on time. We are seeking a lender who can give us a break. Husband out of school and doesn't have 2 ... |
|
Moving suggestions? |
| My new lease at my new apartment begins July 1, but my current landlord says my current lease expires 10am the day before. How do most people work out this situation?... |
|
Has anyone ever been harassed or ripped of by rent a center? |
if so could you please explain if it was harrasment or rip off and also if you were harrassed explain how. Additional Details if this does not apply to you would you be so kind not to ... |
|
Would it be better to rent for $800/mo or try to buy a house with no money down? |
| I'm 25, still in college, but I'm tired of throwing money away on rent. I have no other debt, my car is paid for. And I work full-time. But I don't want to get screwed on interest, ... |
|
We bought a house last year for $350.000, the price now is $372.000, if we sell it, do we make profit ? |
Additional Details The reason I ask is because maybe I will be moving out and find my own place like a town house, so we have to sell the house. Can I afford a town house with approx. $6... |
|
Is a real estate agent required to work for a broker? |
| I am interested in getting licensed to be a sales agent - I just want MLS access, and be able to sell properties myself that I rehab. Am I required to be licensed if I want to sell my own rehabbed ... |
|
Landlord legal question? |
| I moved out of my old apartment. I gave the landlord $1200 for security deposit. We walked through the apartment on my move out date & she said nothing about the condition of the apartment, ... |
|
Can I qualify for a mortgage loan? |
| My husband and I are wanting to buy a home (after many years of renting). We have a good monthly gross income ($11,500). However, we have a lot of credit card debt (61K) and a small balance on a ... |
|
Are first time sellers usually trustworthy? |
| I know that usually i should buy from only sellers with good feedback, been ebayer for long time etc etc....however theres this really good deal, but its the first sale for that person, or he has no ... |
|
|  |

naynay33614 | Can a lease be broken if not in writ ting? |
I started renting to own my house 5 years ago. 2 days ago my land lord informed me i wasnt renting to own but just renting. He named several reasons why he broke the lease. But nothing was ever said to me can this be done. |
|


Tapestry6
 |
You have lived there for 5 years with the understanding it was rent to buy. You never stated the reasons he gave you but you need to get a hold of a lawyer.
In some states you lived there long enough to put a claim on the house as the owner. Its called homesteading and its still legal in most states. Doesn't matter who has the deed if you lived there you can claim it as your own.
I knew a gal that did that because she was having a problem with the owner of the house. I never heard of such a thing before but she won and later on sold the house and it was all her money in the return. Check with a lawyer and see if he thinks you can do that too. People who cheat can get the rug pulled out from under them in other ways! |
|

rockstar
 |
If its not in writing then how do you know its a lease? Did your printer run out of ink? I'd check, thanks for the inquiry sweety, bye now. |
|

SunFun
|
According to the Statute of Frauds all leases have to be in writing in order to be enforceable. A verbal agreement is unenforceable. |
|

teran_realtor
|
Yeah, call a lawyer. I read once that verbal contracts can be binding, but they're a bit tricky. There has to be consideration (money change hands), and a witness (might have been two), there was something else that I can't remember right now.... so call a lawyer. Find one that says quickly that verbal contracts can be enforceable. The ones that tell you "no contract, no deal" just say thanks and look for another. |
|

Angie
 |
If you had this rent to own agreement in writing, I assume you have a copy, then its binding, he can't just break the lease because he wants too. If you broke a rule in the lease he had to let you know in writing. Don't let your landlord take advantage of you. Get a lawyer before he tries to get rid of you.
If you didn't have the agreement in writing your in trouble because he can do as he pleases. One thing that can save you is, if you kept the rent receipts or copies of money orders or checks that you have made out to him. That would be your only way of proving how long you have lived there.
Good Luck |
|

Sparkles
|
You never had this agreement in writing? Then he can do what he pleases. Do not be surprised if he evicts you next. Since you have no proof of the agreement, it would be your word against his n a court of law. It would be costly to sue him, and there is the chance you would lose. I would move since there is no lease keeping you there. |
|

Natsif Alphamith
|
In the U.S., under the Statute of Frauds all real estate transactions and leases of one year or more MUST be in writing. Without a written agreement, you are renting month-to-month. |
|

rhsaunders
|
There should have been a written agreement. Absent such agreement, he can do as he pleases. The proper way to structure such a deal is as a lease incorporating an option to purchase, and all the terms of both need to be in the written agreement. The landlord should have recorded a "Memorandum of Option", which need not mention all the terms but must state that a purchase option exists and when it expires. This is the purchaser's insurance that the owner does not sell the property to someone else. |
|

HarleyHoney
|
call a Lawyer |
|

| |
|
| |  |
| Questions List |
Answers | Last Post
| | | |
9 | 17 minutes(s) ago
| | | |
9 | 51 minutes(s) ago
| | | |
9 | 3 hour(s) ago
| | | |
9 | 4 hour(s) ago
| | | |
9 | 5 hour(s) ago
| | | |
9 | 9 hour(s) ago
| | | |
9 | 2 day(s) ago
| | | |
9 | 4 day(s) ago
| | | |
9 | 5 day(s) ago
| | | |
9 | 1 week(s) ago
| |
|