 Maximum mortgage? |
Daer all
My gross annual salry is 30,000 GBP and I am planing to apply for mortgage, I can put 10% deposit as well and I dont have any loan or credit card commitment with me. But the maximum ... |
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 HOUSE DEEDS. What is the best thing to do? |
| Since we finished paying our mortgage our house deeds are currently held by the building society. We pay nearly £30-00 per year for them to look after the deeds. Would any of you keep them at home, ... |
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 I own a house with my brother, is it economically wise to have the house refinanced in his name (removing me? |
| from financial obligation) so that i can purchase the house from him with a mortgage that will provide more money than a home equity loan.?... |
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 How should I tell my old Mort company that I'm going with another to do my refinance? |
| I was working with someone but they we not delivering the results that I needed. So I found a different company that could and did. Bottom line my old comp said that they could only find me an ARM ... |
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 My landlord asked me to leave his property in 30 days how many days do I have legally? |
| I have been in this house for 13 years, have not missed paying rent nor have I ever been late, there is a problem with the yard in back, the city asked him to fix the problem he wants me to fix it, ... |
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 Landlord Entering Apartment Without Notice? |
| Last night my landlord entered my apartment to turn out a porch light I had intentionally left on (I'd be returning late that night and if it's not left on, crickets cover my door). I ... |
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 Should we do a quit claim deed? |
| My mother is ill and can't keep up on her mortgage and I want to take it over. She doesn't object since she can't afford it and doesn't want them to foreclose on her. Me and my ... |
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 My husband wants to foreclose our home. ? |
| We have paid 40000 off from the mortgage and 10000 for renovation. The mortgage alone is 338,000. And right now with the market being so bad he wants to foreclose. To him he would rather rent a 2 ... |
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 How much do I need to make to get a $200,000 loan? |
| Just as a general ballpark figure, I have decent credit and a pretty good salary. How much should I be making to by a $200 - $250 home?... |
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 Do I, the buyer, need to be present at a total home inspection? |
| We set up a time for the Inspections, but now we won't be able to make it. Our real estate agent is still planning on attending if we are not able to reschedule it. It's all still up in ... |
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 WE PAY ARE RENT ON TIME AND THEY LOST ARE CHECK THEY GOING EVICTION US? |
| we pay are rent on time every month are check is lost we told the landlord he give us to Friday we have two kids can evictions us even know we try to come up with rent we have small child one is ... |
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 When I sell my estate do I have to disclose the body in the back yard to potential buyers? |
| I didn't put it there. But it has been a problem. Digging it and moving it. Digging it up and moving it again. It has also caused a problem with my neighbor. Long story but, bottom line, he has ... |
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 Should we leave furniture etc in our house we are about to sell, or can we move it all out to our new place? |
| We have almost completed building a new house and will be ready to move in soon. We have not sold our current home yet as we decided to do this once the new house was completed. We are unsure how ... |
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Jason | Can your landlord sell the house and make you move out before the lease is up?? |
My landlord took the house off of the market when I started leasing the house. I signed a 1 year lease agreement. Now out of nowhere he came to me and says, "I have a lady that wants to buy the house and if she buys the house she is not going to lease it. She would like to live in it!" Is this legal? Can nothing be done? I signed a 1 year lease with the intentions of being there for 1 year, now if he sells this house can he just kick me out? (we are only 4months into our lease) |
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Daniel L
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She becomes your new landlord. You have a lease (legal right) to live there until the lease expires. Read your lease to make certain there isn't a clause stating that if he sells it you must leave.
If you like, get him to buy you out of your lease. Otherwise, don't stress over it. Meet the real estate agent and inform them of your lease and intent to stay. If that doesn't work then go to the title company and inform them that you have a lease and legal right to remain.
FYI: A lease is very different from a monthly rental agreement. Make certain you actually have a lease to the property and not a monthly rental agreement with the price fixed for the first year. |
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drgolfmd
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No, you're lease is legally binding until completion.
If he wants you out sooner, he has to offer you $$$ or other compensation to get you out.
If your rent is $1000 and you have 8 months left on your lease, that's $8000. Tell him to give you $4000 cash now and you'll leave in 30 days.
Don't let him bull you...he has to honor your lease agreement. He can't just kick you out. |
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larry r
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Standard purchases agreements contain language that pertains to rights of tenants. The buyer has to honor any written lease agreements. The seller's turn over any deposits you may have paid to the buyer and the buyer assumes the landlord's position on the lease. The new buyer may want to move in prior to the lease expiration, but that is negotiable between you and the buyer. You are not obligated to move. Work out a buy-out and use the money for a down payment on your own place. |
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kimmamarie
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Actually, yes he can. You cannot stop him from selling the house. If the person that buys it "to live in" , she is getting a mortgage on the house by the promise of it being owner occupied. The landlord can give you a 30/60 day notice to vacate. He does NOT have to buy your lease out. He will probably just make sure there are no damages that you are responsible for and give you back your deposit. BUT his 30/60 day notice must be in writing. And the new owner cannot have a tenant if she buys "owner occupied."
Simply look for a new apartment. The sale of the house will take a few weeks, giving you enough time to find other housing. |
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?
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This depends on the laws in your area I do believe he can but check with a lawyer but it might be better to move. |
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Michael C
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Depends on the wording of the lease. If you need help finding out, go to a local housing department (city, county, state, whatever) they generally have legal guides or resources for these type of problems. |
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satarnag
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You're getting a lot of conflicting information. However, your response from Daniel is correct.
Leases must be honored by the new owner. You can even record your lease so that any person interested in purchasing this property will know that a lease exists when they pull title.
Tell your land lord to either pay you to leave or go pound sand. Although my knowledge is from Califonia law, I am sure that every other state is the same.
Regards |
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macc_1957
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Go see a lawyer. Contracts are not meant to be broken on the whim of one of the signers and that is what your landlord is trying to do. He's asking you to cooperate and hoping you'll help him out by not fighting it. If it is a valid lease and he did not have any verbiage in there allowing him to sell the house while you're in residence then he doesn't have a legal leg to stand on.
It's up to you to see how hard ball you want to play this. Maybe a compromise can be made. Also, you've been there 4 months, it could take a couple of months to close on the selling of the house, that leaves you 6 months to deal with. Maybe you should hear from the woman herself that she won't let you finish your lease. She may be afraid you'll damage the place or there will be repairs she'll have to pay for before she moves in.
And see if he has a written offer to buy from the woman. He could be assuming she's a serious potential buyer when all she's had is casual conversations with him.
But a lawyer will help you cut through all the clutter and resolve the matter. Your lease may even make provisions for who pays for legal costs in the matter of disputes. It could call for arbitration.
There's a lot to consider....and you have to decide if in the end it's really worth the stress and the risk of alienating the landlord. |
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Angela Vicario
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he can by giving you a month notice |
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Grace777
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READ YOUR LEASE AGREEMENT! The answers are there!!!!!! If you don't understand the terms of a LEGAL and BINDING CONTRACT, don't sign it!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!... |
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AJ
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Yes like the person before me stated, if the new owner choses to live in the home, they have that right, which supercedes any lease. This is different than you living in an apartment complex.
Also for everyone reading this. When rental property is bought and sold, the leases are part of that sale. So if you are renting and have a lease, the new owner has to honor that lease. |
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Big Bully
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The lease is with the old landlord and not the new. Check your lease agreement. |
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TRG
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I'm pretty sure its legal as long as your landlord gives you a month's warning |
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