 Have a problem with landlord. Any legal help would be appreciated!? |
| When first moved into apartment owners husband said it was ok if we broke our lease to buy a home. Now he states that since we are not purchasing one from his wife (a real estate agent) then he wants ... |
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 Question from a first time home buyer? |
| I plan on buying a home in the Sacramento area in about a year. I currently have a student loan for about 26,000 with an 8% interest rate. Am I better off asking for extra money on my mortgage to pay ... |
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 What to do about an inappropriate landlord? |
| My landlord has been acting really inappropriately towards me lately, like making excuses to come by my apartment late at night when none of the other neighbors are around just to "check" ... |
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 How do we price a house we are wanting to sell? |
| We have the comps from the area and have a ball park figure that we are thinking of, however there are some issues that need to be addressed. The roof and AC are due for replacement in the next ... |
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 How can she sue me for money? |
| A few months ago I moved in with my boyfriend whom was subletting from another person. When she decided to move back she held my mail and will not give it to me. I did not sign any kind of ... |
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 Should my landlord have to pay??? |
| I'm living in a rented fully furnished appartment with my boyfriend since August 1 this year. The appartments were brand new when we moved in so we were expecting to have no problems. However, ... |
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 Do condo fees include maintanence for your apt? |
| Like if the plumbing for your home is not working or the electricity is out, it it the condo's responsibility to fix it? I am planning to buy a condo and rent it out and was wondering if it I ... |
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| There is home worth 125K,for a first time buyer how much the mortgage of this home will be? |
| The home is 2Bed/2Bath, about 2500sf, build 1980's. Recent updates on roof and bathrooms. 2 car garage.It is sell by owner for 150k but negotiable. I want to propose 125k for the home for low ... |
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 I think my ex landlord is ripping me off? |
| I recently moved out of a shared house where my cat caused some damage to the carpet on the first floor landing. I believe this to be about 5 square metres and my landlord is now charging me ÂŁ220 ... |
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| How much will the dss pay? |
hi have just had my lil boy and on income support.. i am wondering how much the dss will pay on a 2 bed house.
ABUSE WILL BE REPORTED
Additional Details
to spook542 i have ... |
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 Flipping houses using hard money lenders.? |
| when using a hard money lender to purchase a property to flip. is it possible to negotiate a deal where you do not have to pay the lender back until after the sell. i plan on looking for property ... |
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 High or low down payment on mortgage? |
| As an investment, is it better to put down 20%+ on a home loan?.....or put a minimum down payment of 10% down and invest the remainder somewhere else?... |
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 I only have $78.52 in my bank account, which is not enough to cover the rent check I wrote for $739.52. |
| Even when my weekly paycheck is directly deposited, I will still not have enough money. My wife is bi-polar and went on a manic spending spree. I have never been late paying rent in the past. What ... |
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 Prospective landloard asking for TOO MUCH sensitive information.? |
I'm about to move into an apartment building. On the application, the management company asks for:
W2's
2 Original pay stubs
My latest tax return
My bank account numbers ... |
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 I am in so much trouble!!!? |
| OMG!! I am a real estate agent and have lost the keys belonging to one of my clients. I am sick to my stomach over this! I think I accidentaly threw them away in the trash but I don't know for ... |
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ecemajor | Can our mortgage company require us to go with their insurance company? |
We are in the process of trying to refinance with a new mortgage company. We currently have homeowner's insurance through Farm Bureau Insurance, as well as boat, automobile, and life insurance. The mortgage company we are refinancing with is saying that we must have and escrow account and pay their OWN homeowner's insurance, instead of Farm Bureau. I don't want to do this because we get a multi-line discount at Farm Bureau, and I like them. Can they do this? |
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rob g
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Absolutely not. Matter of fact, by law, they are required to have you sign an "ainti-coersion" disclosure. It states that they have NOT instructed you to, or required you to use a specific insurance company, to guarantee the closing of your loan. BIG no-no. The law was put in cto protect consumers from companies offering each other kick backs. "send me business, and I'll send you business". It is fraud. You are encouraged as a consumer to shop for the best deal. That applies to the insurance company, mortgage company, title company, etc. Kick backs and "steering" is seriously frowned upon by the Department of Banking and Regulations. They are risking their license. |
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Injun
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Listen to rob and all that said no!
They want the profits from the ins is all!!! |
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hollywoodmelody
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I would take a look at another lender as this one is trying to get paid for something they are not allowed to do. What is probably happening is the Loan Originator,Processor,Officer and Underwriter are getting a kickback from the insurance company. Please report them to HUD as they will investigate what the lender is doing. I'm sure if they are trying to persuade you they have done it many times before to others. You just happen to catch them at it.
I turned in a Major Lender years ago and they were suspended by HUD. |
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Driv3n
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I never heard of it |
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Cassandra's Folly
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I'm pretty sure they can't make you. I'm not certain though. |
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googie
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Why not check with your agent and see what he says. I think that this is in violation of some law but I don't know for sure, like restraint of trade? |
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The Keeper of the Green
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No, you can have any insurance company you want providing the policy covers what is required by your mortgage company. Don't let them bully you into using their insurance co., they get HUUUUUUUUGE commissions which are built right into your premium (how convenient). |
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Knuckles™
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I have heard of this if you lose your insurance with your current company, but they usually charge you a ton!! I would be leary of this cause it just sounds like a monopoly. |
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widenerone
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You must have mis-understood..they may just asking you to set up an escrow account ..it does not mean you have to change insurance companies...escrow accounts are just extra money you pay and they save for the tax payments and insurance premiums..but you do not HAVE to make one. At least , I have never heard of any mortgage company REQUIRING one with their company. |
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saeed q
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No, it is illegal for them to require or steer you to use a certain mortgage company.
As far as the escrow account goes, they can require that. You may be able to not escrow your taxes and insurance, but it could cost you an additional ÂĽ or more added to your interest rate (better to escrow).
If there is a possibility, just cancel the transaction with this company. If this problem is any indication, who knows what else that they are not truthful about.
I hope you are working with a LOCAL BANK or MORTGAGE BROKER.
A mortgage is going to be with you for a very long time and it could break you and your family’s future financial outlook. Don’t let anybody rush you into something that you do not fully understand.
Make sure to price out your loan with your LOCAL banks and mortgage brokers only.
A lot people giving advice on here are also looking to give you a loan (its not advice, its advertising), if they are not local to you and you can’t get to them within 1 hour don’t fall for it. They say they are licensed in all 50 states, what does that mean? Which state do you have to look in first if something goes wrong? KEEP IT LOCAL; DON'T GET RIPPED-OFF BY SOMEONE IN WHO KNOWS WHERE WHICH YOU WOULD HAVE NO DIRECT ACCESS TO.
Remember Buddha's advice:
"Believe nothing, no matter where you read it or who has said it, not even if I have said it, unless it agrees with your own reason and your own common sense." You are the only "expert" you can trust: All brokers, and every other loan officer guru giving advice here with a .com or contact me at the end is "selling" you something (its not advice, its advertising). Don't buy "it." |
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