 Landlord Question!!! My tenants ruined the carpet, shouldn't I use the deposit to replace the entire carpet? |
| I collected a $600 deposit on a home I rent. The carpet has some major stains that I know were not there before, and it won't clean up by steam cleaning it. You can't just put a new piece ... |
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 Does it make you happy to see greedy home owners keep dropping their selling prices? |
| They have all gotten so used to mega appreciation. Now finally the prices are coming back down to earth; at least in some areas of the country.... |
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 Nice apartment, but in a funeral home? |
| So i am looking for an apartment and I found a great deal and apartment is newly remodeled and perfect for my needs, but its in the same building as a funerall home. Should I not take it because of ... |
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 What are my rights as a Renter? |
| My Mom and I live in a house her BF owns in SC. Six days ago he told her he has the house sold and we had to be out by last night. That gave us only 5 days to find something, move and relocate. We do ... |
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 What would happen with my house if I stop paying the second mortgage which I can't afford? |
| I can only afford to pay my first mortgage and I can't refinance the loan because of the decreased home value and bad credit.... |
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 Can our landlord cut off our heat ? |
| I live in Ohio and we have had nothing but problems with the heat in our apartment building. The broiler is old and the landlord has known it has needed repair for at least three years ( that's ... |
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 Is this covered by my security deposit ? |
| Im moving out of my apartment and i wanted to know what will happen if i take the refrigerator.Im pretty sure my security deposit will cover it but i don't want the police called on me. Some one ... |
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 How long will it take to complete on my house? |
| I have just accepted an offer on my house, I am going into rented accommodation and the people buying my house are first time buyers. I'm in a hurry - how long should it take to complete?... |
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 Can you really buy a forclosed house for like $1,000? |
| Or is that all a scam. I have never met anyone who has bought one for cheap like that. I know they have a ton a scams out there......but are any legit?... |
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 My apartment complex advertises granite counter tops, yet only some of the apt's have them. Is this allowed? |
| We pay just as much as people with granite counter tops, yet we do not have them. On their flier, and website it says they have granite counter tops. I was wondering if this is illegal due to false ... |
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 What does it mean when a real estate listing says "Sold as is"? |
| Does this mean the house has something wrong with it or that the seller is not willing to entertain a buyers request (e.g. I will offer this price and the seller fixes the furnace/roof/etc)?... |
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 When your fixed rate mortgage ends...is it best to switch companies or stay? |
Also do you have to get all the papers and valuations done again to be approved? little concerned as now work part time not full time.
Additional Details
Just a little bit more info...I&#... |
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 I'm buying a house and want to know which type of Mortgage loan I should get? |
| I will be paying the loan off in the next two years in full so I'm wondering what would work the best for me. T... |
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 I want to buy a house... eventually? |
alrighty im 21, have a three year old son and i dont have the best credit rating in the world becuase of issues with my ex, which is 100% my fault and i do take full responsibility.
i dont have ... |
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 Should I not pay the rent until problems are fixed? Or use rent money to pay for them? Details below? |
We rent out house through a rental agency, we pay £475 per calender month. Our rent was due Christmas Day but agency do not open until Jan 3rd, so rent cannot be paid until then.
Problems ... |
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 Asking a landlord to pay for a hotel room unreasonable? |
| My home currently has its water shut off, and wont be fixed until later tommorrow, I cannot flush a toilet (so no going potty for me), cook dinner, wash my hands, or shower tomorrow morning before ... |
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nella20005 | Changing Mortgage? |
If I think my mortgage is much more that what the house is currently worth, how can I get my mortgage amount adjusted? |
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wizjp
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SO; you borrowed more or paid more than the house is worth and you think the lender needs to adjust the mortgage amount adjusted down?
Not happening. The amount you agreed to borrow unless it is a home equity loan is specified in contract as are the number of payments and the amount you agreed to pay.
Pay it down before you attempt to sell or borrow additionally. |
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Amanda H
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HA! Do you understand what you are asking? The loan company paid out money-- LOANED IT TO YOU, based upon what you requested. You dont get it a'adjusted".... you owe the money. Period. The only way to lower your principle is to pay extra. |
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JLove
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If you have a high interest loan.
Pay an extra $100.00 dollars a month then you now pay about 2-3% interest and pay off your house in half the time.
I paid off one mortgage loan and now I am on my second home and have 2 years left.
I have been a mortgage loan officer for 10 years. |
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Nancy Kay
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Basically, you can't...not and still be in the house...the decline in value is your problem, not the bank's...if you HAD to sell and the sales price was not enough to pay the mortgage, you might talk the lender into accepting less than the full amount (a "short sale") but you'd walk away with zero. |
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justwondering
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i have no idea but wanted to see if someone could answer this for me also. thanks for asking |
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majkhan6
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This is called being Upside down. You need to talk to someone yesterday about getting this fixed. There is a possibility the value of the loan and the value of the house are so far apart, you would be better off letting the house get foreclosed. It will trash your credit for a while but sometimes these kind of loans put you so far back there is no other alternative.
Good luck. |
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novastarbanker
 |
Here is the problem, if you aready owe more than the home is worth, you can't refinance to a lower amount as the existing mortgage would need to be paid in full, plus the closing cost amount that you would incur while obtaining new financing. If the house was worth more, and then the value dropped, you are still responsible to pay the mortgage no matter what has happened to the value of the home. To be sure of the value if you need to be, have an appraiser come out and get an appraisal done on the home. You will have to pay for it, but it will at least let you know if the value is the same or if it has dropped. Good Luck!! |
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dielibralsdie
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It sounds like you are upside down on the property. if this is so, the only thing you can really do, is pay down on it until you can get it to what the house is Worth and then re-fi. Or you can make home improvements to make the house equal to or exceed the mortgage value. Good luck |
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Mortgage Expert
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dont worry about your homes value. It's your home. The value will vary from year to year, and may take a few years to rebound. Unfortunately you just cant sell your home until it is there. In the meantime, don't let it get to you.
As far as someone suggesting dropping the house, I think that is rediculous. Who would ruin their credit just to save a few bucks? It will cost them more in higher interest and having to rent later on. |
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st0l1
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LOL....Pay it down. |
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