Washington Mutual for first home loan? |
| I bank with Washington Mutual. Is this where I should go for my first home purchase? Should I give a second look to a broker or alternate lender?... |
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Why do most apartments not allow pets? |
| It ticks me off cause you have all of these poor animals in the animal shelter that needs a home.I am responsiable. They make the excuse that a dog will tear the apartment up.Whatever.Humans are the ... |
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Need some quick advice!!? |
| tomorrow my fiance and i are going to look at a house that we possibly might buy (first time buyers) and i need some advice on how to talk down the price- finagle- is that the word? please help!!!!!!!... |
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Can anybody give me advice as to whether i can rent a house when my name is already on a mortgage? |
| I have decided to leave my partner and really need a place of my own with my daughter any advice would be welcome.... |
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Would you buy a beautiful big, cheap house knowing that the drive to work is about 1.5hrs? |
| My bf and I went house hunting over the weekend. We checked out a couple of model homes and he really likes this one house inparticular. It's about 2700sf,4 bedrooms (5 optional), and its ... |
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What upgrades can you do to raise the value of your home? |
My husband and I are wanting to do some upgrades to our house, and I just want to know what kind of upgrades will actually raise the value of your home?
Thank you so much! Additional D... |
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How long do you think that this tenant will be a total deadbeat? |
| first month, great pays on time. 2nd month, late, hands me his payroll check(i accepted due to his problems) and cant pay the utilities.. this month, paycheck is torn to pieces(i didnt accept), no ... |
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Next step after you evict your tenants? |
| Just got done evicting my tenants (FINALLY). What is the next step in terms of actually getting all of the past due rent they owe me and payment for damages done to the property?... |
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How should i go about looking for houses to rent? |
| I'm looking into renting a home for a year in my college town, San Luis Obispo. Any ideas on where and how I should start off looking?... |
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Can I qualify for a home loan? |
| I've been working at the same place for a little over a year, making roughly 2500 a month. My wife is graduating this summer with her masters in teaching so we will be making a lot more soon. We ... |
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Where is there a beautiful small town in north america? |
| I am thinking of moving to america and would like to find a really nice small town, to move near to, also I dont want the weather to be too cold I would like the landscape to be gentle rolling hills ... |
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I live in a private house is it a legal offense for my landlord to go through my mailbox? |
| Im having issues with my landlord and he has been going through my mailbox and taking important mail and putting the mail back in a week or two ... |
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Which refinance option is more convenient? (See details)? |
I'm refinancing my home loan. My credit score: 792
At this point I have no equity in the house. I bought it 2 years ago.
Options:
1) 3 year mortgage at 5.875% (... |
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Can a person take the real estate exam without going to real estate school? |
| I'm interested in the real estate career but to shortened the question: Can I just take the real estate exam without going to school.... |
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What can i do if my downstair neighbour doesn't maintain his garden? |
Hello.
My kitchen and living room windows overlook my downstair neighbour's back garden.
A year ago, a new owner bought the downstair flat and rents it out. He doesn't ... |
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Andre W | How do I attract good tenants? |
I intend to let my flat to tenants who can be trusted to pay the rent and respect the property.
I am completely new to letting property and assumed that having modernised, redecorated and restyled the property I would find it relatively easy to attract good tenants. I have been using local ads in papers and lettinmg agencies. Most of my contacts, however, are coming from a local website called Wightbay.com. These people seem often to be dishonest or unsure of what they really want.
I would like to know how others managed to keep smiling, cheerful and positive when dealing with people who don't keep appointments, tell lies about their credit history and/or appear to be in relationships that from the outside look to be on the brink of collapse.
I am mindful that I must not drop my standards even though I am not getting what I want as quickly as I thought I would.
Have you any affirmations or prayers to share with me?
I do bless the people who contact me and you. |
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Landlord
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Some of the advise here is not legal, at least in the US.
Check credit reports, you can tell a lot about a persons ethics and honestly level from it. You can at least determine if they are comfortable not repaying money they owe, and honest people are never comfortable with stealing from others.
You are better off biting the bullet and staying vacant another month then letting anyone is that will disrespect your property.
While it is not legal to say "professionals only", as it discriminates against several protected groups (US only here) it is legal to point out features that attract working families. "Easy freeway access" "top school district" (name it on that one), "low maintenance landscaping", etc etc. |
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Roger M
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you could try a letting agency or you could get references and follow up on them by foot not on the phone but even if you do everything perfectely if it's gonna go wrong it will go wrong |
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Frankie
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Get a realtor and put it on the MLS. Tenants working with a realtor are generally much better. |
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stu peditiut
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charge more and you will get fancy people. |
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John
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Remember that when you are renting that perhaps why these people don't own property of their own is because of their bad credit. Also, you can choose based off what your criteria should be. Things such as credit, former residentilal history, a good job and good personal references are things to consider. If your standards are too high then you may need to wait or lower them some. Always ask for more than your mortgage so you can pay for damages yourself. Get a warranty on the appliances to save costs. Also, do regular inspections on the new tenants to confirm the home is in good shape. I also recommend asking for 1st and last month's rent so people don't bail on you and you lose rent.
Finally, don't judge people's personal lives too much. Be an EEOC landlord and Don't discriminate against anything.
Look for other agencies to attract the client you are looking for by knocking on doors of other landlords. How? Call the tax accessor and find out who owns the homes at certain addresses in your area. 411 those people and give them a call. |
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Plan B
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Be a little open minded and give people who have no credit history a chance.
I've been with my Landlord over 2 years and had nothing in the way of credit history of reference to offer.
He took a chance taking me on and he hasn't regretted it to date as rent has always been paid on time every month for over two years.
What im saying is everybody has to start somewhere so just because someone has no checkable history doesn't make them a bad risk.
Give some a chance because it sounds like you've been given plenty during your life. |
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☆Veritas☆
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In your advertisement, write "professionals only please". When I worked for a rental company, we put "grads and professionals only" for our higher rated properties. It helped. No offense to people with kids, but they were some of our worst tenants too. Other than that, just hope for the best...it's a gamble.
Good Luck! |
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blackpool lass
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do you live in the south of England my any chance.people will tell you any think to get what they want, its sad i know that you can't trust anyone nowadays.your best way would be to go to a letting office.they will Collete the rent, and check they don't destroy your property.i wish you luck,and hope you find what you are looking for.xx |
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apollo
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I have been renting property for 5 years for the company I work for. Looks are VERY deceiving. I remember I rented a home to a couple, very well dressed, upper middle class and they drove a Lexus. He was a "professional" and she was an executive with a local bank. Their credit was just ok, and they easily explained the marks against them. Well, once they got in the house, they didn't pay one penny of rent. We ended up evicting them. Credit, credit, credit! If they have good credit, they are upstanding people. Yes, I've taken a chance with people who have no or little credit, and most of them were great tenants. I let my instincts rule once in a while. I feel people with no or little credit have to be given a chance. I was in that boat myself at one time. |
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Mr-K-
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use an estate agent. |
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Victoria
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Renting and hoping to find the perfect tenants are 2 really hard things to do. I helped my brother-in-law rent out his three apartments, its not always easy. You can get a mixed batch of people who come to see the place. Ask for references, it should help find out if they paid in the past. I know nobody wants to get burned with the rent money, but keep an open mind and go with your gut feeling. Like "Someone Stole My Identity" wrote--sometimes someone that might not appear to be rolling in the money, might turn out to be your best tenant. My brother-in-law rented to a couple who ran into tough times and actually got their house foreclosed on (the son had a kidney transplant and medical bills spent all of their money), but he gave them a chance and they are the most reliable tenants, keep the house immaculate, and even cut the grass, etc. They are just happy to have a place where they can live and actually treat it like it was their own. They are living there 4 years now. So, yes, you should keep your mind open to everybody. We all may look on the outside one way, but in our heart most of us just want a break. You could be that someone. Good Luck with your new tenants-to-be! |
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