 If an apartment cost $500 monthly for rent with 2br/2bath...? |
| continue...and i find a roommate to fill the 2nd room, does that mean we now split the cost of the apartment? or will the price of the apartment increase? does that mean we both pay $500, or we split ... |
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 If your name is on a lease and you move out before the lease expires, how much rent are you liable for? |
| If you move into a house with your boyfriend and both names are on the lease, and you break up and move out before the lease expires, are you liable for rent only up till the date you move out, for a ... |
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 I make 30k a year? What kind of home loan can I expect to receive? I.E. How much? |
I live in Los Angeles, CA
Additional Details
also have spouse who makes around the same per year.
not necessarily looking for a house. maybe a duplex or condo.... |
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 I listed my house and now I decided I don't want to sell? |
| I signed the contract but never actually gave it back to the agent (she doesn't have a copy). Can I take the house off the market? Do I owe it to her to reimburse her for her expenses?... |
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 How can I take legal possession of my parents home that I have maintained for over 20years with no will? |
| Both parents died in 1981 and 1983. I have maintained and paid off the home and yearly realestate taxes. I do have siblings that have refused to sign quick claim deeds. The home has never been ... |
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 Should I feel embarrassed? |
| Me and my husband just bought a house for 250K. I am in the military and he is a gov employee. This is a very high end house for what military people, more specifically the people I work with see ... |
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 Unless otherwise stated in your rental contract, is a landlord supposed to pay for toilet repair? |
| In this case, two of our toilets are not flushing at all, suddenly. I have tried to call my landlord but she is out of state. I am calling a plumber to come fix it, and will have to pick up the tab ... |
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 Questions on mortgage? |
| hi there me a my fiencee are in the process of purchesing our first home. We just started our seach today and we are meeting with the bank next week. My question is do you think he will think he will ... |
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 If I signed a 6 month lease 3 months ago, can my landlord make me resign a new 6 month lease now? |
| if i signed a 6 month only 3 months ago doesnt the first lease have to expire before he can raise the rent and demand me to resign a new contract?... |
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 Does the house seller have to tell the potential buyer if the house is haunted? |
| If someone is selling a house that is known to be haunted, the buyers are from out of state and don't know the history, does the seller have to inform the potential buyer that it is haunted?... |
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 Ok I Have a house in a bad area (3yrs here) I really need to move? |
| I'm not big on dodging bullets, but the house was completely refurbed and this would make an excellent investment property what would you do rent it out or sell and use the money for my next ... |
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willywinkle | Can you put an offer on a property with the knowledge you haven't sold your own house yet? |
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Oracle
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Yes. You have no idea what the finances of the buyer are. Maybe they have enough money to buy this house before there house is sold. Maybe they plan to rent there house out. I own three houses and two of them are rented. There could be alot of possibilities but right now we are just guessing. |
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mikeec79
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Obviously yes. But the vendor will rank you behind any other potential buyers who may be in a better position (ie first time buyers with mortgages agreed, people who have already agreed a sale, cash purchasers etc). |
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bostonianinmo
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You can but the seller is under no obligation to accept your offer.
As a matter of routine I do not accept offers that are conditional upon the buyer selling their current home. They can always get a bridge loan. |
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soft69uk
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Technically yes, but this sometimes leads to agreements falling through if you can't sell your house, which would be a great inconvenience for you if your situation was reversed. |
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Explorer
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Yes, its called conditional sale.
Your Real estate agent will handle it.
Thats how i bought my condo several years ago |
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ᵸᵃṩᵢᴄᶦṱ☔
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yes. |
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EMILY S
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no they check to see if u have first, although u can offer some money to them, to take it of the market till yours is sold, although it will have to be a good offer to be excepted |
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Rachel
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yes...but you will have to have a bridging loan if but the time you complete, you havent sold your house |
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Expert Realtor
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Can you afford to pay both mortgages in the event your current home doesn't sell?
If not, then you must disclose that to the seller. If you make an offer, and don't make it contingent upon selling your current home, and your home doesn't sell (and you hid that fact) and you don't qualify for a mortgage b/c of it, that is considered non-performance on the buyers-part and you will lose all of your earnest money and may also be liable for the listing agent's commission.
I don't believe in suing people for commission, but if I found out someone pulled that deliberately? You bet I would. |
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ben
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yes, but the sellers will be unlikely to take their house off the market until you have a buyer for yours (or unless you organise a bridging loan) |
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Robin
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Yes you can and you can also make what is known as "a gentleman's agreement". You need to agree terms with the vendor and then shake hands with them. This becomes an unofficial contract between the two of you. Estate Agents hate it with a passion. I did it when I was buying my present property. I hadn't sold and so I asked the vendor to wait for me. She agreed and we shook hands. The estate agent wasn't happy, but as they failed to show up for the viewing, they couldn't say much. |
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jmj92876
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of course you can |
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ffordcash
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Yes, offer subject to sale |
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Genki
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Yes, you can buy as many properties as you like without selling the one(s) you already have.
The question is, will you be able to close on the purchase of the new home before the current house is sold? In other words, will you have the money for the down payment AND be able to pay on two mortgages if you close on the new home before the current home is sold?
IF YES, then you have no problem-- go for it!
IF NO, then you will need to make your purchase offer contingent upon closing on the sale of your current home. Depending on your local market and the needs of the seller, the seller may or may not be willing to accept an offer contingent upon selling. For example, if it's a "buyer's market" the seller may agree. On the other hand, if the seller needs to sell quickly, s/he may not be willing to wait for your property to sell.
If the seller is willing to accept your contingent offer, the seller might require a "release clause" allowing them to sell the property to another buyer who doesn't need to sell. There are technicalities to this that are too much to type here. If you need more info, ask and I'll help as best I can.
Also, prior to accepting your contingent offer, the seller might ask to see a copy of the "for sale" listing for your present house. They'll want assurance that your asking price is reasonable, etc.
Good luck! |
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Teal R
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England: Yes. Otherwise how would it even work out that you would have time to do it? |
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