Getting FHA loan for 4unit. I'll need to occupy 1unit. What happens to that mortgage once I buy a home? |
| I will be purchasing a 4 unit building using residential financing so I'll need to occupy one of the units in order to qualify for this type of loan. I would like to purchase a single home in ... |
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Do you really need a realtor when buying a home? |
| can I just go to the local bank and If I get preapproved go with the paper in search of my new home and show that to the people selling the home? what is the cons and pros of doing it on your own? ... |
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My name is on title and not the mortgage, if I move out what happens? |
| There are 3 of us, all "freinds", on the title but the mortgage only has one name on it. My "friends" are being dumb and I want out. If I move out what happens? Can I remove my ... |
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Hi, me and husband to be would like to buy are first home but we both have a bad credit rating? |
| we have a 20,000 deposit but do you think we will struggle to get a good mortgage any companys you could sugest for us ... |
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I want to be a real estate agent? |
| I am planning on taking the Century 21 course and I want to get a job with them right after. They have an immediate income preogram for new agents. I have 2 lil girls anda fiancee and I was told by ... |
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Housing benefit? |
This question is for people who have filled out the form. Is it possible to get housing benefit without the landlord knowing or being contacted, if so, how?
No private landlords seem to ... |
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I am 62,and have about £53,000 from the sale of my present house.? |
| I think in the area I want to live I will have to pay up to £100,000 for another one.I can get a mortgage ok,but as I am single,live alone,and have no-one to leave the house to,I do hate paying up ... |
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What factors decide the fall in real estate prices? |
| what are the factors that decide that the real estate prices will go up or they will fall ? Am intrested in knowing factors that rule the fal in real estate prices.... |
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How long do I wait for an answer? |
| My husband and I appiled for a modular home loan on monday and they said it will take about 2-3days I still havent heard anything either way. Should I wait one more day? My credit isnt the best and ... |
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Should I buy an investment property now or later? |
| I am located in Northern VA. I have 700 credit score. I want to buy a house and then put it on rent. Should I wait for the prices to go down more or no?... |
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Paying my rent late because of the holidays? |
| We just moved into a new house 2 mths ago and since it is the holidays would rather pay my rent on Jan 3rd instead of the 1st. I do have the money, but it would make it slightly easier to pay it on ... |
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Can a Landlord evict you without notice prior to your "intent to vacate" and then claim damages? |
| We had filed a 30-day notice for an intent to vacate a premise, with an agreement on the remainder of the rent. some 5 days before the notice date we get a phone call from them saying "The ... |
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What are good LEGAL reasons that can be given to a tenant if you decided NOT tor renew their lease? |
| Property is located in Chicago and wish not to renew lease of tenant. Rent is current. Previous issues with persons other than those listed on the lease residing in the apartment. Please Help!... |
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Is this legal!!?? |
| I work at a real estate agency and a closing is going down. The old lady signing her name doesnt even know whats going on!! She is talking about she cant control her hands and is falling asleep. She ... |
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If you own a piece of land, how far underground does it extend? |
Like if you were to build land in the city, they could probably put an underground railway through it without your knowlege or approval Im guessing. Additional Details I live in the UK, ... |
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Is it better to buy a home from the owner or go through a realtor? |
| My husband and I are thinking about buying our first home. Is it better to go thru a realtor or if the home is in real good condition, just go through the owner? Also, if we were to go with getting ... |
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Ken C | Can buyer refuse to buy after inspection? |
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Drew
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Are you realy buying now?
http://www.breakingbubble.com/index.htm |
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CowboyBill
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Contracts are usually drawn up with a pull-out clause based upon the results of the inspection. |
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jack w
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Do you have a signed Purchase Agreement contract? If yes, what does it say or does it? Are you working with your own Realtor or not, if yes, ask them what the contract states. By inspection do you mean a building inspector or real estate home inspection or an appraiser? If the inspector discovers major difficulties with the property, you can usually get out of the contract. In some places, repairs are negotiated, and the contract is still valid. As a last resort, see an Attorney. |
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AllCourt
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The Buyer can ALWAYS refuse to buy after an inspection. They can refuse to buy at ANY time. The real question is whether or not they can LEGALLY refuse to buy after an inspection. If the purchase contract has some type of language like "subject to inspection satisfactory to Buyer" then they may be covered. There should also be some type of time limit for the inspection, but that is not required.
If that type of language is NOT in the contract then you can sue the buyer for specific performance for not honoring the contract, but generally the only recourse will be to keep the buyer's deposit (depending, again, on how the contract is written). |
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dark man
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yes, thats what the inspection is for, a contingency clause |
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BonnieJ
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I bought a car from a dealership, That they inspected themselves, After i had the car for a few days I took the car to get it inspected,< i bought the car off of a man that was recommended by a friend "that i could trust them" anyway I tried and tried to get the dealer to honor his warranty but he kept refusing, In the state that I live in there is a Lemon Law for used cars, This car was beautiful freshly painted and was suppose to be loaded. After my warranty was up and the whole time i was trying to get the dealer to take it back and he refused, to make a long story short I got a lawyer and sued the dealer ony for the price of the car and all money I had to put into the car in the short time I had it. It was horrible. The lawyer took care of the problem in 2 weeks and the dealer settled out of court quickly. He did try to scare me with his lawyer but it didnt work, I wasnt going to be taking for a fool. My lawyer that I hired took a small percentage of what I got back so bascially I broke even and Im very happy about that. I didnt want a big lawsuit and money that wasnt due to me. All i wanted was a car that was dependable and safe. So definitly buyer beware, You can always take a car off a lot and have it inspected before you buy it!.. Any local service station will look the car over for you. And you can always do a carfax on it also. And always call the DMV in your area to find out what the NADA price is on the car you want to buy. They will tell you what the car is worth.. Never pay over the amount of what the NADA price is.. Always pay under it! I hope this helps. And it didnt cost me anything to hire my lawyer, but it did if we won the case, And we won!!!! The clincher to my story is the dealer inspected the care himself. needless to say I got the state inspector involved and he lost his inspection license for a year! < the dealer refused to tell me who inspected the car> I would have to say that a sales person will do or say anything to get you to buy from them. But never take their word for it, I will never buy another used car that I havent had checked out by a mechanic and inspected by someone that knows about cars. After the fact I had to get estimates done from 5 different places of how much it would of cost me to fix all the problems with the car, and each esitimate cost me! So time is running out so dont hesitate to take care of this problem.!! |
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Price is what you pay for value.
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http://money.cnn.com/2006/09/08/real_estate/caught_in_the_bubble/index.htm?postversion=2006090814
http://money.cnn.com/2006/09/05/real_estate/Ofheo_home_prices/index.htm?postversion=2006090514 |
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plasma71104
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of course |
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JC Rules!
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I Happen to be a licensed Home Inspector and it is our job to give you quality information about the Home,So that you can make a quality decision to buy or not to buy.You are not forced into buying after the inspection,But I would recommend paying for the inspection.Take Care. |
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da_horror32
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Yes if they are within their negotiated inspection period. 17 days is typical in California where I am from. |
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newmexicorealestateforms
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Without looking at the offer that's a loaded question but the way our agency does it is that there are contingencies on the offer, or if you will; subject to clauses that stipulate what constitutes the ability of the buyer to withdraw from the purchase and terminate the offer One of those is certain results from an inspection. So I guess the answer is yes if it's in the contract and no if it is not in the contract. However the buyer and seller can do whatever their little hearts desire as long as they know their rights and consequences of their actions will be. |
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Karen R
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Depends on how your contract is written. Sometimes yes, sometimes no. |
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NED456
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Recently I sold a property but buyer did not wanta home inspection,Shortly after he purchased the prop. he sued me for not being honest with him about the house . I had previously told him I was a mechanic @ an oil rfinery not an iinspector. Does he have a case |
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