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 Would it be better to rent for $800/mo or try to buy a house with no money down?
I'm 25, still in college, but I'm tired of throwing money away on rent. I have no other debt, my car is paid for. And I work full-time. But I don't want to get screwed on interest, ...


 We bought a house last year for $350.000, the price now is $372.000, if we sell it, do we make profit ?

Additional Details
The reason I ask is because maybe I will be moving out and find my own place like a town house, so we have to sell the house. Can I afford a town house with approx. $6...


 Is a real estate agent required to work for a broker?
I am interested in getting licensed to be a sales agent - I just want MLS access, and be able to sell properties myself that I rehab. Am I required to be licensed if I want to sell my own rehabbed ...


 Landlord legal question?
I moved out of my old apartment. I gave the landlord $1200 for security deposit. We walked through the apartment on my move out date & she said nothing about the condition of the apartment, ...


 Im 20 years old and im thinking of getting my real estate liscense is this a good idea?
...


 Can I qualify for a mortgage loan?
My husband and I are wanting to buy a home (after many years of renting). We have a good monthly gross income ($11,500). However, we have a lot of credit card debt (61K) and a small balance on a ...


 Are first time sellers usually trustworthy?
I know that usually i should buy from only sellers with good feedback, been ebayer for long time etc etc....however theres this really good deal, but its the first sale for that person, or he has no ...


 Is there a age limit at whice u can purchase a home..?
my aunt been abroad most of her life, and now decided to come back to usa, she is 50 years old, she was tryin to finance a new home but the bank give her a hard time they say due to her age, ...


 Purchasing house....how to make an offer?
My husband and I are purchasing our first home. It is 1 story, slab-not basement, 3 bedroom, kitchen, living room, attached garage, and medium sized fenced yard with shed. It is siding with some ...


 Does anyone know where you can get a loan of 25000 dollars to fix a house without hassle??
we have tried 2 mortgage companies to get home equity and in both places we talked to two different people and the information for the loan was completely different. We are looking for a loan where ...


 Why are prices still so high?
If gas has went down, why are food and airline tickets still so high and unaffordable? Do you think gas will go back to $4.00 a gallon after the election tomorrow, and if so how soon?...


 Rent or sell my house?
I own a old fixer upper on a large lot in Modesto. It is paid off. I am thinking of selling it and buying a house in Sacramento area. Is this a good idea... or should I fix it and rent and wait for ...


 Where do you think this horrible housing market is headed?
How long do you think it will be so hard to sell a home? We live on the East Coast -- thousands are houses are up for sale around here and they don't sell. What is there so much building by ...


 Morgages - why has the world gone mad....?
It crap - why is it that my partner and i work bloody hard and yet we cant live together (with our son).... i have to live with my parents (and my child who is 3) and my partner lives with his ...


 What is the lowest Percent that a realtor can do?
I have a realtor that said they could sale my home for 5% and then another for 4%. Is there anything else that I can get a realtor to come down on, that will benefit me on my return?...


 Do we give the deposit back? The person renting our house is moving out early, and has 4 mo. left on contract?
In the state of TN I cannot find and information on what we should do if the person brakes rental contract? Also, in contract it was to be rented to a NON_smoker, yet the woman smoked inside our ...


 What does this recession mean to us for our everyday lives?
I am curious, I have been watching the news about the econonmy and the "recession" we are in, and I have a question: What does this mean for our everyday lives? If I am understanding ...


 Can he do that??
hey,, i wanted to move in to this plave i saw online, so i called them and i sent them a deposit.
when i came in i was talkin to this front desk guy and he said that i have to at least sign for ...


 How to I go about buying a house with a lien held by mortgage companies that are now out of business?
Found a vacant house in our town. Neighbors say owners moved, been vacant 3-5 yrs. Found a mechanics lien on house. Lienholder (home improvement company) has no knowledge of lien (lien is 12 yrs old ...


 Anyone know anything about apartment searching?
I will be moving by the end of the month to another state and of course I will need to find a place to live. Does anyone know of any sites that give good information on renting apartments? Also, I do ...



doctorslapnut
Escrow Question...?
I have money sitting in escrow from a real estate deal that fell thru. I was denied by the co-op board... How do I go about getting it back? I have no lawyer anymore. How long can money sit in escrow? Is there anyway the seller can try to steal it from me? If I wanted to get it back does it have to go to court?
Additional Details
Heres the funny part, my real estate agent quit after my deal fell thru and left the state, amazing friggin luck I have
                     
 




Skip
Even though your real estate agent has left the state that agent worked for a broker. You should contact the brokerage firm that the agent worked for and through them to get your money back.

You might threatened to go to the courts which might start things to happen.

Saying that the real deal lies with how your real estate agent structured your contract. If it was structured in such a way that no matter what happened the seller would keep the deposit then you might be out of luck.

If it was structured that if the deal fell through for no fault of y our own then you have a fighting chance.

Go to the real estate board that the broker is signed up with explain your situation to them and tell them that you agent no longer is in the state and you are being stonewalled by the brokerage firm that the agent they use to work for.

You might also write a letter to the Secretary of State in which you live and complain about the escrow office and officer that are holding your funds. Be sure to alert all that are concerned before you take these actions, it might rattle their cage.

You have mentioned that you are no longer with a lawyer, there might be some public defenders that will take your case. Also you might call a lawyer and ask if he/she will take your case pro bono. They will understand the term. Keep calling lawyers until one say they will take it or give you a recommendation.

No matter the case, you might have to find a lawyer under any circumstance.

I hope this has been of some use to you, good luck.

"FIGHT ON"


teran_realtor
Rating
I've never encountered a situation where the condo board could deny someone from buying a condo, and don't know how that would work, so I will not address that. I did read your previous questions about the condo. HURRY up and get to your broker. No matter what happened to your Realtor, the brokerage is who is representing you. I say hurry, because when there is money sitting in escrow, typically both parties will request it from the escrow officer. If only one requests it, then the escrow officer tells the other party (maybe through the Realtor). If there is no response, the escrow officer is likely to release the money to the requesting party.

If your brokerage was notified of this, and dropped the ball, then you will have a claim against them - but maybe just letting the broker know about this unresolved situation left by that agent will be enough to get your money back.


onukpa
Rating
more likely than not you would have to go to court to get the money back


anis118030
better to go to court


ogrendle
Rating
Your Agent will be able to get it. Call them.


Lowa
Rating
If you had a realator you were working with, I think they should be able to get it back for you, otherwise try working with the escrow company itself... I don't think they can legally withhold it for you if you weren't able to purchase the real estate.


hillbilly
You need a lawyer.


Kathleen M
Was your real estate agent independent or did he work for a larger company. If he worked for a larger company, contact the boss of the branch your were dealing with. If he was independent, was he holding the money in his escrow? If yes, get a lawyer. You really need to start making phone calls, and if you don't get any satisfaction, get a lawyer.


Briddy
Yahoo! answers is not the place to ask thisd at. Try a telophone and ask someone logical!


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