Home | Links | Contact Us | Bookmark
Financial Forum Search :
   Homepage      News      Financial Topics     Finance Directories      Financial Forum      Dictionary  
Financial Forum    Renting & Real Estate
Finance Discussion Forum

 Question about a co-signer on a mortgage...?
Me and My fiance are about to buy a home togother. My credit score is good ( around 700) . However, she lacks credti history and had some problems when she was a little younger....so her credit is ...


 I rent and have not paid in three months. Now I have solicitors letters, help!?
Hey, Due to various personal problems I have not paid rent, I just have'nt thought about it. I know I have been dumb so please none of that. They have sent me a notice seeking possession and it ...


 Apartment Lease HELP!!!?
I've lived in an apartment for the past 3 years. I signed a 1 year lease when I moved in, and havent signed another one since. So I this automatically puts me on a month to month basis. RIght? <...


 What is the best place to find a loan if you are applying for a first..?
My fiancee and I are looking to buy a home and having a difficult time finding financing because he has no credit and mine is shot we have never bought a home and need some good places to start any ...


 I live in california. who knows the date over here?
thank ...


 Whats the difference in the process from buying a house directly from the owner or throught an agent/bank?
...


 I am going to be 3 weeks late with my rent this month. Can they evict me for being late?
I have never been late before but just having a tough month right now. what are my rights...? i dont want to loose my place....


 I need advise please......I am in a terrible rental situation!?
I am currently in a rental home that is pretty pricey. Last week, my husbands health issues resurfaced from a couple of years ago. I tried talking to the realty co. to explain my situation and how I ...


 What do I need to do to be able to be a real estate person?
I'm a high school graduate and am interested in the field but i am not aware of the proper steps that i need to take. and help please? T...


 First time buying a new house, and I am clueless.?
My husband and I are in the process of buying a new house.We already went thru signing the contract, giving them the earnest money, and they already did the appraisal.The mortgage company already ...


 My mortagage broker is charging loan origination fee of 1% and mortgage consult fee of $3085, is this right?
loan amt 179000. int. rate 7% there is also an underwriting fee of 195.00...


 Why wont estate agents leave you alone??
Why is it that my husband and i gave 3 estate agents our details and told them under no circumstances do we want to be put on the mailing list, the reason being, that they never send you anything ...


 I might sound like a idiot but........?
is there anyway you can have two apartments in your name?...


 What percentage of your income should you spend on a mortgage? I dont want to overextend my budget?
Im 25, I am in shock when i see my friends (same age, same entry level income) go out and buy 250k-300k houses like its nothing. They dont have 20 bucks to fill up the gas tank but they can afford 2...


 My landlord took me to court so he could legally evict me from his premises.?
So my eviction was for Sat., Oct. 15, 2006 @ midnight. Around 1:00p.m. that Sat. I came home to 6 people, the landlord, his 2 old enough daughters, step-son & his wife, as well as his friend, ...


 What site can I go to to find listings of homes for sale by private owners in my city?
...


 What does this mean for people who have their mortgage with IndyMac?
You need to see this article to understand the question
http://news.yahoo.com/s/...


 Does any1 else thinks its a good idea to move bk with family while i buy my house to save on money?
...


 Can you get evicted for nonpayment of rent? Lived at house three months. rent is 1000. paid 5800.so far?
...


 Can landlord & old tenant do this?
We were suppossed to move in yesterday (10/1). Got keys from old tenant on Saturday when we moved our bed (it got delivered) in after they had all their stuff out and were leaving. They were ...



Doesn't sound right....?
Quick question, I'd like to move into a rent house, the guy that owns the house is asking for the deposit to hold it, which I thought was no big deal, but he's also asking for the first months rent too on top of that and I haven't lived in the house yet for a month for him to warrant charging me a months rent up front. Is it normal to pay the first months rent plus deposit even if you haven't lived in the house a month yet?
                     
 




Kevin H
Whats typical is First, Last, and a Security or Damage deposit. The last 2 are often confused by both renters and owners of rentals. Last is also a sticky issue for many to understand. The last months rent doesnt mean you are automatically covered for the 2nd month if you dont pay the rent on time after month 1. Last months rent doesnt apply until proper and timely notice is given to the landlord of your intent to move. The month you give such notice is still considered a normal lease term month. You can be made to pay a late fee plus that months rent by assuming it was already paid. Before moving in and once moved out an inspection / property condition form should be completed to asses and document the real condition of the rental. failure to do such can hang up a unwarranted portion of your damage deposit. The security deposit should be refunded upon your vacating the premises. The damage deposit or the portion of it remaining,within 30 days of vacancy. If you do not receive such or a portion then there should be a invoice attached explaining where the missing amount went.


sawftandtender
Rating
Yes, very normal.


*B*
Rating
yes. you have to pay a month in advance.


Janet P
Rating
Nothing weird about this at all. Rent is up front, you are always paid in advance.


bostonianinmo
What doesn't sound right? That's standard practice. You ALWAYS pay rent in advance, i.e. the rent for January is due on January 1st.

First time renting, huh?


Heinz M
Rating
The usual is first and last month plus a damage deposit.


Wicked Good
Rating
It is very normal, you aren't paying for your rent a month after living in the house you pay a month up front. Most landlords ask for first and last month rents up front. Make sure you overlook your rental agreement careful so you fully understand what you are getting into.


puffinpower
Rating
Yes, this is normal. Most landlords will charge the first month's rent up front, before you even move in, along with the deposit. This is an extra assurance for them so that they know you are good for the money and truly are planning on moving in and are not going to flake out later.

Now that being said, if you signed a rental agreement on December 15th, but the agreement was that you won't move into the house until January 1st, your first month's rent that you pay up front in December should cover January 1st through January 31st. You shouldn't have to be paying rent for time in December when you weren't actually living in the house.


Professor Snape
it does sound weird. He should not be asking you to pay if you have not lived there a month.


James R
Rating
Most of the time rent is collected prior to the month you live there. But you may be able to work something out with the landlord to pay at the end.


 Enter Your Message or Comment


User Name:  
User Email:   
Post a comment:







Archive: Forum -Forum -Finance - Links - 1 - 2 - RSS - All RSS Feeds
The Causes and the Results. 0.024
Copyright (c) 2011 Financial Crisis Tuesday, May 29, 2012 - Terms of use - Privacy Policy