 Help Me Please? |
| I got a house in my name. My brother was a Co-sign. He filed for bankruptcy. Can he filed for that and I'm the account holder? If so, he let it go backk as a repo. Will it show up on my credit?... |
|
 Renter refuses to leave!? |
| renter refuses to leave even though we gave him a termination notice, he hasnt paid the rent, the house is a mess and everytime we call he says that we cant do anything about it because we are far ... |
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 I plan on applying for a mortgage loan and had a foreclosure and bankruptcy 3 years ago...help me here.? |
| Ok I went through a bad divorce, bankruptcy, forclosure on the home we lived in. Three years later, I got a few some personal loans, a new car loan and 2 credit cards(they only have very small usage).... |
|
 What would you prefer? |
| If you had the choice of living in a three bedroomed large house on a council estate or a terraced 2 bedroomed house within walking distance (5mins) of a town centre which would you prefer? The three ... |
|
 IMPORTANT MORTGAGE FORCLOSER QUESTION. 2 people on Deed, but only one person on mortgage - Can Bank Forclose? |
| Due to loss of income my wife and I are looking at foreclose. We both have been unable to acquire new jobs that will pay near enough to sustain us. We are almost 6 months behind and have already ... |
|
 Could I afford to buy a house (or a condo or some other dwelling) on a yearly gross income of about $38,000? |
| I live in Silicon Valley and I currently rent. I am single and just curious if it would reasonably be possible. Also, I only have about say maybe $4000 or $5000 I could possible use as a downpayment.... |
|
 Why are real estate sales so SLOW now here in Miami? |
Why are real estate sales so SLOW now here in Miami?
I want to know because i've been trying to sell my condo and it has been already a month and half and only one person had come and seen ... |
|
 Can my landlord do this? |
| I just moved out of my apartment before the lease was up and I was under the assumption that they would just keep my deposit. They are trying to say that I have to pay the next two months rent plus ... |
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 Mortgage going up by a thousand dollars. What will my bank do? |
I've stopped paying my 2 mortgages because I just can't
afford it anymore since one of them went up by a thousand
dollars. What can I expect my bank to do? I put my house
... |
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 Is the tenant or landlord responsible for damages to home fixtures caused by a burglary? |
| tenant made a police report, but did not tell me of damages for over one month. The toilet & 1 window was broken and a few small holes in bedroom walls. Is it the landlord or the tenant who is ... |
|
 Mortgage lenders? |
I'm looking for a good Mortgage Lender for a new home purchase. Does anyone know of a good one? I've tried quicken loans and country wide. Lending tree sucks!
PS. If anyone ... |
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 If you are a landlord, would you rent it to family, relatives, and friends? |
| I have bad experiences renting to relatives because they tend to take advantages of me. If they don't pay you late fees and rent, it's very uneasy to ask them because they will take it ... |
|
 Standard real estate agent comm is 3%. If I offer buyer agent 6% will I get much more traffic? |
| My listing agents have underperformed. I am highly motivated to sell my home. I am experienced and willing to "sell by owner". I'm wondering if double commission idea has merit/... |
|
 When can a new homebuyer refinance? |
Bought home in April 2006
When can I refinance to-
1.combine mortgage 1+2
2.Get cash out to do home improvements?
I bought the house well under market value but with no cash down<... |
|
 Got a mortgage refinance quote: Too good to be true? |
| A mortgage broker quoted me a refi of $235K with adjustable rate loan at 1.2%, and the monthly payment can increase by only $77 per year. Does this sound too good to be true?... |
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 Is it common for most people to not know the differences between Foreclosures, Short Sales, Preforeclosures,? |
| Is it common for most people to not know the differences between Foreclosures, Short Sales, Preforeclosures, and Bank REO properties? Is this something that needs some additional clarification for ... |
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chris G | I'm buying a house, and the closing date is in 15 days, is there any way i can get out of buying this house??? |
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 |
 
Dawni Do Right
 |
If you have no problem forfeiting your earnest money as liquidated damages for the seller, you can back out at any time without cause.
If you are seeking a refund of your earnest money, you will need to utilize one of the contingencies in your offer as a means of having grounds for it to be refunded to you. As you are scheduled to close in 15 days, it might be too late for that and all of your congingencies have now been deemed waived.
Financing may be the only means left for that claim to be refunded your earnest money, but you will need proof of being turned down or denied financing.
This late in the game, the seller might be entitled to retain it. |
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acermill
|
No one can force you to the closing table to sign, but you may well find yourself the subject of litigation if you back out this late in the game. You will most assuredly lose any earnest money downpayment you may have paid. Additionally, the seller can (and may) sue you for financial losses incurred by the seller because of your decision. As well you can be sued for specific performance of the contract.
Do NOT take this lightly. I've seen it happen a few times, and it cost the buyer tens of thousands of dollars once the court awarded damages to the sellers. |
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estielmo
|
Why? You'll lose your money and you could be sued. |
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Real Estate Guy
|
Sellers this is why you get a large deposit.
This buyer is ready and the seller is ready.
We REQUIRE a 25,000 (5%) deposit. If you have a problem with it, we don't sell the house and build it.
In this market, we have a kick out rate of only 4%. Other builders have a 60-80% kick out. And no, are sales are the same as they were 3 years ago. Our prices have dropped , but sales are just as good. |
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Kayla C
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sorry to tell you, but you're in on the deal, after you sighn that paper the house is you'rs but one thing that you could do is turn right back around and sell the house and if not maby you can talk the realtor in to it. |
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budhah1
|
Had one do this to me one time.. I was glad to take their deposit, as it was off the market for six weeks,, Deposit was less than the rent would have been, or the interest on the loan had it gone thru.. Could I have sued for performance?? Sure, but many times it can be a toss up. and why mess with my KARMA? |
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Oh, Hi New Moon Daughter
 |
yes, pull your offer. |
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MissV
|
If you're just having cold feet, it's up to the Seller as to whether or not they want to accept your reasons for pulling out. But if there are contingencies such as, you can't get financing; the repairs will exceed the amount you and your Realtor named in the contract; there are termites; there will be a zoning change that will impact the home; the amount of acreage is much less than identified in the ad; or it doesn't appraise at the sales price, then you should legally be able to withdraw and get your earnest money back. |
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Samirah
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You will lose your "good faith binder" and that's it...your out! |
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anon
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Don't listen to these people, most of them are realtors probably. Just talk to your realtor and explain the situation. They can talk to the seller and come to a reasonable agreement. I have pulled out of 2 or 3 deals and never lost any money, not even my deposit. |
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