My rights as a tenant? |
| Just had a call from our estate agent saying that our landlord is thinking of selling our rented property. Our contract runs out this summer and although the landlord is fully aware of that she might ... |
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30yrs fixed, Arm, Interest Only, 80/20???? |
My husband and I are thinking to get a new home in San Diego,Ca, there are so many types of mortgages that can be confusing, we don't know which mortgage is better.
Our credit scores is in ... |
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Would someone give me a mortgage without a job? |
| I presently own a house without a mortgage. I would like to purchase another house with 20% down and use the rent from my current house to pay the new mortgage. My present house is worth over $350.0K ... |
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Currently renting house about to be sold (not given in writing) Should I still pay rent? Do I have any rights? |
It's a family members property. No lease in effect, just a letter given at beginning of rental 2 years ago. Additional Details It's a family members property. No lease in ... |
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Advice on how to sell a home fast in a tight real estate market? |
| I really need to get rid of this house fast.....does anyone know anything about auctions or companies that advertise to sell your home fast.... |
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How long does it usually take to know if you're approved for a loan?? |
i recently applied for a home loan at rock financial and it's been almost a week and he haven't called me back with any information yet, should i just forget about it Additional D... |
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How to find house address? |
| So my mom called up the Realtor and asked for the House address we wanted to look at and she said she'd email it to us. So we gave her our email and its been 2 days and we keep calling her and ... |
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How to sell houses fast.? |
| We need to sell our house fast but the market is bad. Any suggestions?... |
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Can you sue your realtor for fraud? |
We worked with a realtor last summer. It was a rush deal (2 weeks...we had sold our house and the one we were buying beforefell through due to the owners fault)
This realtor was a dual ... |
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Can i legally break my 1 year lease without penalty if i lost my job unexpectedly? |
| i work in the automotive industry and due to the slump automakers are in, many of us got laid off. we werent given any advanced notice of the lay off, we just came to work and saw a notice on board ... |
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When renting in the UK....? |
Can you leave whenever you want, or do you need to stay for a period of time, i.e. 12 months?
My boyfriend and I are considering renting because we need to relocate but do not have a ... |
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I have a service animal and my apartment is saying i have to pay a $200 fee for the animal. Is this legal? |
| I have been told that they can't charge a fee for having a service animal. Just wondering if anyone knows the legal facts regarding this.... |
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Can an apartment manager tell me i cant have friends visit? |
| my best friend comes over while me husband is at work, so yesterday he told me " i'm goign to let this slide for awhile but then this needs to stop" this is after the fact he said i ... |
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Can landlord changed locks before eviction notice? |
| Background...we have never missed a month of rent before. We told our landlord on the 5th that we were going to be moving this month. and that we would pay her the rent up to the day that we are ... |
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Jo Boss | I want to start buying real estate but i don't know where to start? |
I could really use some tips and advice |
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trainbuff
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Start with a realtor. Most know what they're doing and will guide you. Didn't say where you are from. Every state has their share of housing problems, etc. My tips are: don't assume that a for-sale-by-owner property is always a good deal, do your home work / research and always look at the whole picture regarding any home. |
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nickhawkins21
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Well right now there are more and more foreclosures as the real estate market is worsening but the cycle is cylical and it will bounce back. Foreclosures are always a good way to start, buy a house that needs some TLC and get a good deal on it. But if you have never bought a home before I would go get pre-qualified first before even looking that way when you begin your search you will know your limits and will not waste time on real estate that is not feasible. Also when looking at real estate the one thing that is the most important is location, make sure you buy in a good location. There can be nice houses that are insanely cheap but once you look at the area surrounding the house you will figure out why the home is so cheap, because the area might not be the best to raise a family in for example. Buying a smaller house in a good area is better then buying a huge house in a bad area, you will see the appreciation differences. |
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ls_riddle
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Get in on the Ground-Floor of this rapidly growing and well-hidden market, with 15% of all homeowners in America who are currently delinquent on their house payments. Foreclosure / Loss Mitigation Consulting is a business you can operate with low start-up cost from your home or office and start earning $Thousands weekly. Visit TODAY! http://www.10kpermonth.com/lsriddle43/ |
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bmwdlr
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You need the advice of an expert agent in your area. They help people with buying real estate for a living and know how to assist you. Get a referral to a top rated agent in your city here: http://www.homefindinginfo.com/ |
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Chris L
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Start by previewing and studying all the real estate for sale in your market. When you can drive by a property and speculate what it's worth and be right you are getting close. Learn the systems and tricks but YOU MUST KNOW THE MARKET! If you don't have the time all realtors love to work with investors. Do the home work yourself and beat the commission. |
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Cardinal Rule
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Depends on where you are, but if you're in Cali the best thing for you to do is get a time machine and go back 5 or 6 years, when home prices were at a sustainable level. If you buy now you'll regret it; prices have a long ways to drop before it makes economic sense to buy. Don't say I didn't warn you.
Rule of thumb: don't pay more that 200 times what the monthly rent would be for a house. 150 times monthly rent is a good deal. Where does the 200 figure come from? Bonds. You can find very low risk bonds that yield 6% yearly interest. 1/.06 = 16.67, so paying more than 16.67 times the yearly rent for a property doesn't make sense. 16.67 times yearly rent is the same as 200 times monthly rent (16.67*12=200). |
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Jay S
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Investing in real estate is a complex and often frustrating experience that can yield great financial returns and a feeling of accomplishment. That said, as you begin to focus on investing in real estate, stop and ask yourself why you want to do this. It can be a long, paper-intensive and frustrating process, so before you begin, you should be clear of your goal. You'll need a reason to continue when you get frustrated. The next step is to define what you want to buy. There is a lot to know about investing in real estate if you want to be "bullet-proof". If you want to know more, go to our web site: www.jklrealtygroup.com and send us an email. We'll gladly advise you. |
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floatnfun
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Do everything they said, get that foreclosure realtor(make sure they are certified for hud, as well) and check out firstpreston.com. Get the free account |
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Where's Wally
 |
Now is a great time! Buy low and sell high!
1) Check your credit score. Fix any errors or fight to try to repair blemishes.
2) Get all your tax return forms andcheck stubs from the last three years ready because you'll be asked for them.
3) Get pre-approved and have them send you a letter of pre-approval so you can go shopping. You can try lendingtree.com, eloan.com or any local mortage broker. I have a really good broker. There's a program for everyone. Not having documented income might cost you though since you''ll probably need an interest only loan with a higher rate based on "stated income". E-mail if you want his number.
4) Find a realtor. You can try on your own by going to realtor.com but a realtor helps because they have access to MLS listings that the average joe doesn't have. Plus many condo communities have a program where they pay your realtor 3%. Even if your "realtor" wasn't involved in the process you can have them collect the money and split it with you.
5) Once you find something you like, call your mortagage broker to lock in an interest rate (usually good for about one or two months).
6) Negotiate, negotiate, negotiate. In this slow market many people will give into paying your closing costs and/or might have incentives for buying their property.
7) Get a HELOC to fix up your house so you can raise its resale value, livibility, and rentability.
8) Wait for the market to heat up again and cash in. CHACHING!
Good luck! It's definitely a buyers market |
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kittyrogers
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Call some local realtors in your area and they will guide you and answer your questions. |
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MissV
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First determine why you want to buy. Do you plan to rent the places out or flip and re-sell? If renting, consider the market and make sure you can handle the mortgage while you search for clients. If you plan to flip, work with a money person who can help you determine how much it will cost you to repair, advertise and resell in order to get the profit you desire. |
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eyk2007
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The way things are looking now, it should be Florida. The price have significantly dropped there and with all the baby boomers coming into retirement, I'd say it's a good bet. |
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