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 If you were a billionaire how much would you spend on your house ?
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 What's a Mobile House?
i see a House for sale,which is Mobile style. but, what does Mobile Style means? Type: Simple-Family Residential, Style:MOBILE.
Additional Details
if you buy such a house, will the land ...


 How long does it usually take to do a closing when you buy a house?
We recently won the bid on a house up for sale. we currently rent right now and i don't know when I should tell my landlord when we will actually vacate the apartment?...


 Not getting any of my deposit back as I've not given enough notice.?
Told her on 28th September I was going on the 16th October - so only gave her 2.5 weeks should of given her one month, I know I'm gulity of that. Now she has told me that I won't get any ...


 Does anyone know where I can get a mortgage, I have no credit history,?
I would like to know where I can get a mortgage, I have no credit history, reason I'm a victim of idenity thief and had to file chpt. 7, this was discharged on sept. 6.2005 I have a credit score ...


 How long does it take to buy a house once an offer has been accepted.?
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 Me and my friend want to move out together, can we get a 1 bedroom apartment?
We don't want to spend a lot of money on a two bedroom apartment. I will sleep in the family room, and my friend will get the bedroom, is this legal....


 Who can help me with mortgage questions? Do you advise zero down? Help?
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 Is it better to buy a house if you pay for it in full or is it better buying with a mortgage?
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 Â£24k a year rent, on £450k property?
I'm renting in London, does this seem extreme rent for an unfurnished flat? It's gone up 11% from last year, plus I have all the bills on top, council tax, TV, sky, heating, elec etc .... I&...


 Eviction by force is scheduled for next week. What happens to all the junk if the tenants leave it?
I know they are going to leave a lot of stuff in the house. Is there some sort of protocol I have to follow in tossing the stuff? None of it is really worth keeping (in my opinion), but I don't ...


 Home Appraisal Question. Appraisal Higher than asking price?
The house we're buying just appraised at $11,000 more than the asking price. We offered, and they accepted, $166,000. Home appraised at $177,000. Lender says that's great! What are some ...


 I've mice in my flat, what can I do?
Don't answer to use a mouse trap or poison, it's not the purpose (I dit it, of course).

First of all, my flat is tidy and clean... It's good to precise!

I keep ...


 I want my tenants to leave, the lease has been terminated, but they are refusing. on what grounds can I evict?
I'm letting some family members stay in my house rent-free and all they have to do is maintain the house and grounds. I treat this as a month-to-month renewal, but now I have terminated the ...


 Help Interpreting one lease paragraph?
My lease recently expired at my old apartment on the last day of November. I was out of my apartment by that time. However in my lease there is a paragraph saying that I should give thiry (30) day ...


 What is the benefit of using a Realtor?
I mean, if I can find the property i want online. What would the benefit be of using an established Realtor? Do most Realtors have bargaining power to lower the price? Thanks....


 Worried Homeowner! I am a LPN and make good money. But my husband has been laid-off of work for five months.?
I am tired of paying the house payment, utilities, two car payments, insurance, and we have two kids. I am thinking of selling my house and renting an apartment. We can't refinance because due ...


 What is home equity, how do you get more equity, what does it mean?
What is a home equity loan? How do you know how much equity you have in your home? is that the loan you get for home improvements? Anything about equity would be great....


 Got eviction order from court ..what shall i do ?

Hi,
I am single mum with new born (9 weeks) and postnatal depression with no family with me in the UK.
Landlady decided to evict me from flat once she heard i am pregnant ( months ago)...


 Is it better to list a house for sale by owner or with an agent?
we need to sell our house ASAP - can't really afford to pay all of the sellers costs including the commission. Don't want to make any money from the sale - just enough to pay off the ...



Rob.T
I am in contract to purchase a home, plan to close in a week. I found water in basement, what should I do?
I found the water in the unfinished basement, day after a heavy rain. Some water was near a window and found a puddle in the middle of the basebement floor near no windows. A carpet was completely wet in this region.
                     
 




lorgurus
Rating
You should ask the owner about this. You still have a right to a final inspection, and you can demand they fix whatever the problem is before you buy. If you are working with a realtor, as him/her to help you with this. Or you could get a real estate attorney. You could find one that has a free initial consultation.
Good luck.


niceguy
don't close. Could be a lot more damage than you see. Contact a building inspector.


oscarschic
Until you actually close on the property, you are not responsible for the maintenance - the current owners are.

Water in the basement after a heavy rain indicates possible serious structure flaws with the foundation. Or, there may not be an adequate drainage system - is there a sump pump, and is it operating properly? Is the outlet for drainage clogged with mud or debris?

A wet basement not only causes structural damage, but can be harmful to your health. A damp atmosphere is a breeding ground for mold and mildew - which can become toxic over time - causing chronic health problems.

Do not close on this property until the causes are investigated, and the cost to repair the problem is found. If the basement is finished, it may require gutting the drywall and insulation, exposing the walls - repairing any cracks, and sealing with a waterproofer. The carpet and padding will also need to be replaced. This whole process can be time consuming and costly.


pipi08_2000
I'm sure you have a lawyer. Or you should have a lawyer when in contract to purchase a house. I would consult him/her about this problem and see what action can be taken.

The current owner should be responsible for the cost of repair/cleanup of this condition. If they refuse, I would look for another home.


cameron b
Rating
back out now! LOL


beantown10955
call that Realtor!?
Who helped with sale! ASAP


theodore r
Rating
You can delay the closing.
If you still like the property, let them know that you want the problem fixed before you accept it.
To my knowledge, unless things are resolved, nothing is final until you sign the final papers.


Warren H
Rating
It depends on your purchase contract and disclosure laws.

If you contracted to buy the house "as is" and they mentioned it on the disclosure form that most states have, you are likely out of luck. You were told when you contracted.

If they didn't disclose the problem, you can be sure that they knew about it. You could come back on the deal, either asking for a credit or repairs. The solution is often to install french drains.

Get with your buyers agent. They know the law in your state forward and backward. They can tell you what your options are.


iritadragon
Rating
Here is an excerpt from a home buyer's guide I got off the internet...

"WARRANTY

There is no warranty on a used home. The legal phrase is Caveat Emptor - Let the buyer beware.
However, the buyer is entitled to a house in the same condition as it was when he or she signed the Offer to Purchase. If the seller knows of any defects which are not obvious and apparent, he must disclose these to the buyer before the Offer to Purchase is signed. Otherwise the seller may have to repair the defect at his expense."

I think this covers your situation. Maybe you should talk to your lawyer.


frosty
this is a question for a lawyer, you may feel you don't want to spend the money on a lawyer right now but it would be wise to spend a few bucks now and save a lot later. read your contract, when a bank offers you a mortgage its usually dependant on a bunch of conditions that have to be met, one usually being an inspection report from a qualified home inspector. if you've had an inspection and the inspector didn't find the leak then you have to bring that leak to the inspectors attention. good luck and don't do anything you don't want to do its a big investment.


robert S
Rating
The concept of Caveat Emptor (buyers beware) does not apply in most states any more. In this day and age, sellers are required to disclose to you, before contract is signed, any latent defects of material fact (defects that are not easily visible through the naked eye, and material fact means damages that will affect the value of the property). A flooded basement after heavy rain fits the description of a latent defect.

Usually, a real estate contract includes an inspection clause. You have the right to inspect the property in a certain period of time and it is the obligation of the seller is to repair the damage. Once the period expires, you are done. However, if the defect is a latent defect and was not disclosed, you may have recourse. Furthermore, if the seller deliberately conceals the defect, he is guilty of concealment.

At this point, you need to bring this issue up to the seller in writing and be sure to sign and date any kind of paperwork. Verify through you local real estate community, lawyers etc about local requirements concerning latent defects. Then ask the seller to repair the problem, discount the price or be prepare to walk away from the deal.


stantonshoemaker
Rating
you will often find that in some regions of the country basements leak. you do know that concrete is pourus and it will happen agian...... I suggest removing the carpet and putting in tile...


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