Is it legal for a non-family member to rent a room in your house? |
Our next door neighbors are letting non-family members rent their basement, and they have been there for about 6 months or longer now. I would like to know if it is legal or not. Additional D... |
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Landlord didn't pay gas and got shut off what can i do? |
i live in cicero, il and the management company didn't pay the gas and it got shut off what can i do? Additional Details thay agreed that they would pay the ... |
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What happens if you leave trash in the apartment after you move? |
| I'm moving and I dont have any help. Some of the things i need thrown away are way too heavy for me to carry..What will happen if I leave it in a pile inside the apartment and put "trash&... |
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Apartment flooded, up to 3 inches inside, can I break the lease agreement? |
My apartment just flooded. can i break the lease agreement now?
I just moved in and the apartment first had rats, then it flooded. Would I be able to break the lease agreement and move out and ... |
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House flipping, renting duplex's? |
| Hi, I'm very interested in starting a business flipping homes, and or renting duplex type properties. I however, lack experience, and would like to get a feel for buisness. I want to take some ... |
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What are the 10 most important things to move into your first apartment with? |
Your top 10, please....Can be anything....tv, couch, bed....etc. Additional Details I'm just getting some fun ideas because my boyfriend and I are saving for our first place, at 22 ... |
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Best way to split a home sale between two brothers? |
| My sisters husband and brother-in-law share deed/mortage on a home which also includes a upstairs apartment. The brother feels the income should go to him instead splitting for home repairs and ... |
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My credit absolutly sucks, what can I do to get us a home.? |
| The only thing we dream of is having a home of our own and our previous financial mistakes are coming back to haunt us. We dont see any light at the end of the tunnel. What should we do?... |
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Real Estate Question please help? |
1. If the Plano municipal court rules that a local builder did not properly follow the Plano Building Code, this decision would establish a precedent for similar disputes arising in Frisco.
True ... |
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Is it wrong to make an offer on the first house we looked at? |
| We want to make an offer on the first house we walked through. We saw one after that but did not like. We have been looking at houses on the internet for months but just got the cash to buy one. I ... |
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To buy or not to buy (our council house)? |
| We are renting a 3 bed council house with good back garden and drive to front in a fairly nice area of a fairly nice town. We know we want to stay here for a long time but don't know if now is ... |
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Just got kicked out and i got a 3 day pay or quit letter. if i dont pay it how long by law do you have? |
| the lease is over in september and i dont want to pay rent now. i want to know what the laws and the rights i have and how many months i can be here please let me know thanks!... |
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Can I get a home loan for 99,900 with an income of 44,000 and no downpayment. ? |
| My credit score is 575 and my husbands is 595 and we have not been late on a rent payment ever.... |
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I want to put an offer in for a house but I haven't arranged my mortgage yet? |
| Is this a bad idea? Im worried if I dont put an offer in soon someone else will and it will be too late, but will they be put off if I dont have a mortgage ready?... |
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I'm just about to buy my first house...? |
and I'm down to three contenders:
http://www.losanjealous.
http://farm1.static.flic
http://www.... |
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I have tenants that will not move out and I gave them a month and a half notice to move? What are my options? |
My house is being sold and the people who are buying it want it empty. My tenant said that she is going to go to court to see what her options are? Does it matter that they have 2 kids? A... |
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I sublease an apartment. The person who is on original rental agreement is giving me notice to vacate..? |
This is a rent control building but I am only subleasing, ...
Can the person who has the original rental agreement with the landlord and who subleased / subrented it to me....
Can he just ... |
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Should I just sell my house and get an apartment to save money? |
| I'm so sick of living paycheck to paycheck just to live in this house that I don't really like all that much. I'm thinking of just selling and getting into an apartment and just on ... |
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Thomas R | How do you foreclose on a house? |
We are currently buying a smaller trailer compared to our 3 floor House. We cant afford to keep paying for this house in the summer time. We were wondering what the consiquences were on foreclosure? We really need an Honest answer beucase it may affect where we live and if we will have a criminal record or not. Also, my mom has a credit score of 720 and weve already been approved. How will this affect her Credit??? |
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Ed Atun
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Nothing 'life and death' about a foreclosure. You couldn't afford the payments so the bank took the house back. Happens all the time. Your credit score goes down. From 720 to 600 or less. You will not get approved to buy a new GM car on their current Zero % interest rate for qualified buyers. |
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Janet P
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No criminal record unless your parents committed fraud somewhere along the line, but foreclosure is not a crime.
Her credit will drop 260 points and she will not be able to buy property for 7-10 years. Her credit is not likely to ever get to 720 again. |
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CarlisleGirl
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If you lose the house to foreclosure, your credit is ruined. It is not a criminal offense, but it ruins your loanworthiness for many years and is to be avoided if at all possible.
I believe the thing to do is
#1 find any and every way to make the payments. This includes extra jobs, taking in renters, selling stuff, cutting down on expenses in the extreme. Advertise on craigslist for all the things you need to do in this regard, but try to make it work.
(A story here. Years ago, my marriage broke up, and I was stuck with a large house, mortgage payment, etc., no money help from my husband, etc. So I found not one, not two, but three other girls to come in and share with me. I did that for about three years until I got back on my feet. It was not fun, but it was necessary, and I survived it. In fact, I found strength I didn't know I had.)
#2 If the first solution is not possible, contact the mortgage holder right away. Do not just walk away, but rather try to work something out. This week, Congress passed a relief bill, and there may be some help for you, too, so explore this.
#3 Know this is not the end of the world. Times are very tough, but you will survive. We all will, even though it will be tough. God bless. |
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D. S
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Thomas, if you can't afford the house, sell it now before it gets foreclosed on. Visit www.crs.com to find a broker that can also help you with a short sale which means you owe more than it will sell for since they may be able to help you out. |
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frak1a12345
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If you allow the house to be foreclosed your mother's credit will drop a couple hundred points and stay there for at least 5 years. It won't affect your trailer purchase unless the foreclosure goes through before you finish the purchase of the trailer. |
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christa
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Ummmm........sell your house first! Foreclosure is not something to be proud of. |
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HotpinkKitties
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Um, they take your house and then you still have to pay on the difference between...what the house sold for or something, it pretty much sucks. |
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Lisa Marie
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Call the mortgage lender and tell them that you can't afford the home anymore. Chances are the lender will not want the home back, since they will loose a lot of money. They will work with you, or refer you to someone who can help. Try to avoid the forclosure at all costs. If your mom is involved, forclosure will pretty much ruin her credit score as well as your own. Good luck! |
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