When renting a house, should they be sending us paperwork before we give them a deposit or any money? |
| We're renting a house from greatrentals.com and we talked to the person who rents the house. She told us we can have the days requested and asked us to send the deposit and/or the total amount ... |
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What can I do about a low home sale price in my neighborhood affecting my appraisal? |
| A house within a block of me needing updates and repairs (foreclosure that sat vacant for some time) recently sold about 20,000 below what two other homes in the area are listed for. Because it is ... |
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My real estate agent has suggested that we submit up to 5 offers on five different houses.? |
| when I have mentioned this to friends, they seem shocked that he can do this saying that their real estate agents would only allow one offer at a time. Is my real estate agent doing something wrong? ... |
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Land... Would you buy 3 acres of land with a mobile home on it...? |
| (A NICE mobile home) ? Or would you just buy a house ? We dunno what to do....... |
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Landlord raise rent even with lease agreement? |
| Hi. I have a friend with a dilemma. Her boyfriend's landlord wants to increase his rent 50% a month because the landlord feels my friend (his girlfriend) is over too much. She is there during ... |
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How do I evict my live in girlfriend from my home in New York State? |
I have to figure out a way to legally evict my girlfriend. She is a real estate agent and knows more than I do about the laws regarding eviction Additional Details I own the home in ... |
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How do I buy a house with terrible credit? |
| I would like to buy a house but I have terrible credit. I can put down 15k on a 190k house. What options do I have to get a loan? Could I form a corporation? Any advice is appreciated.... |
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How can I buy a house with horrible credit? |
| I am trying to buy a house because the neighborhood we are in is getting worse by the second, but we have horrible credit due to stupid kid stuff. Anyone know of a place that you can get a place ... |
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Should I take my landlord to court for this? |
| My lease clearly states that I am entitled to a parking spot. Instead he is offering me a small monetary compensation instead or else offering me to move out. I don't want to move out or accept ... |
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How much should I offer on a $285k house? |
| We found the house of our dreams but want to make sure we're getting a fair deal. In negotiations, the buyer starts low, the seller counter-offers, and so on and so forth until an agreed-upon ... |
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How do I get rid of a house that I cannot afford, cannot refinance and cannot sell? |
| I origianlly purchased my house and then refinance it at 100% on an arm. I purchased another house closer to work and am living in that house now. The intention was to rent out the first house to ... |
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Moms house paid off we want to put it into my name now because she is gravely ill. How do I go about doing so. |
| She wants to put the house into my name now so there are no problems later. I am not sure how to go about transferring the house into my name .... |
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Can my landlord evict me immediately? |
| We live in Oklahoma. We signed our lease two years ago. The lease stated "I agree not to have any pets inside or outside." My husband got a dog that stays in the house. At the bottom it ... |
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Is closet space counted as square footage in a home? |
| thinking about taking a large closet and making it a half bath.... |
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My apartment now leasing for lower than I am paying? |
| Ok, so I signed a lease last may to pay $1250/month for my apartment, now they are leasing these apartments for $1150. Is there a way to make them lower my rate NOW, or some type of fair housing law ... |
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I am buying a house, and need to break my lease. My apts are trying to charge me over $4k to move out early.? |
| I am fine with most of the charges - the reletting fee, and reimbursement of discounts and concessions. The part I am concerned about is that they are trying to charge me 60 days worth of market ... |
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How much notice does a tenant have to leave? |
From what I understand, I think a landlord has to give 60 days notice for a tenant to move out. I am in California.
How much notice does a tenant have to leave, 30 days or also 60 days? ... |
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Legal advice for eviction , anyone plllllllllleeeeeeeeeaaaaa... |
| So i am getting evicted. Ihave tried everything under the sun to try to stop this but its useless. I went to court yesterday and the judge gave me till 8/31/2007 to get out of the apartment. D... |
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Life will suck if u did not get a flat from parents? |
u will need mortgage, potentially for 30+ years
when u add kids to finance it will get even worse
next 30 years u will spend on working hard and getting old
then u will be ill and too ... |
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bradxschuman | Can buying FORECLOSED properties and reselling for profit be lucrative? |
Anyone with experience in this department? Thanks! |
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Chic
|
It can be, but it is a very chancy thing - there is no guarantee that you will be able to sell the property for a profit, so you could lose money. It is best if you have a large cash cushion and have connections with people with experience. |
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Suzy
 |
my brother tried but found out rather quickly that most of the "good" homes are taken up by the banks themselves. the only decent homes that will offer a profit after rehabbing them...are gone...if not to the banks or lender their attorneys or someone they know will always have first dibs....sorry,,,you can see whats out there and decide for yourself..good luck |
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Harry
 |
Yes. Provided you know what you are doing |
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Rich Z
 |
It could be if you are in the right situation and are lucky also. I attended an expensive training course on that subject taught by some of the big names in that field. They were great speakers and the people in their anecdotes were all rolling in profits. However when I looked up some of the things they talked about and went to some foreclosure auctions and banks it was not as simple as just holding a bucket and waiting for someone to dump hundred dollar bills into it. At that point it occurred to me that there are people who do find it lucrative but that they are making their money by selling training courses and reference materials to wannabes. |
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daisygirl
 |
Yes, If you know what you are doing. You should research your market and how quickly real estate is selling. You do not want to get a property you are not able to sell. |
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Big Jimi
 |
Very much so,a few cosmetic repairs and you could double your money !! |
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a-mazed
|
Buy one of those expensive infomercial productions, and see??? |
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mortgage help
 |
yes. talk with a Loan Officer that works these in the state you are looking, http://www.choicefinance.net/foreclosure-listings.htm |
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hebb
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A few years ago, absolutely. There were REO's everywhere. Today there is a lot more competition making the margins much lower. And the other huge difference is that the market was rising and it would cushion your mistakes. Today the market is stagnant or down, meaning no cushion for surprises. |
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Catmmo
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Yes, but keep in mind that with the economy the way it is, you should make sure you can afford to own a property longer than you might plan on. |
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MiniME
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yes, but you need to do so when the market is doing well, usually late spring/summer. |
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