 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 ... |
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 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 ... |
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 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/... |
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 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<... |
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 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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 My boss owes me over $5000 in unpaid income. I want to send a letter to all the people he does business with? |
| I want to tell them he refuses to pay me or return my calls. I want them to know what a scumbag he is. Can he turn around and sue me for talking to the people he does business with and telling them ... |
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 Mortgage question? |
| Parents have a two homes they own free & clear and going to put one up for sale after they buy a home soon.(like within a month) Both are on SS with total income of about 1800.00/month. C... |
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 I want to sell a house that I inherited. What happens if a lien is found? |
| I inherited a house a few months ago from a relative, that I have been caring for the past 5 years. I am living in the house, but I want to sell it, and move somewhere else. I was wondering if I ... |
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 Can you be billed more then your deposit when you move out? |
| In the state on Minnesota. When you move out of an apartment or rental property, can they try to tell you to pay them more then your deposit was, for cleaning or repairs? Or would they have to sue ... |
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 I have bad credit and need an apartment? |
| I live in the city and everyone does credit checks, my credit is horrible, and i am working on getting it fixed, but that doesnt really help me now. What can i do?... |
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 If you own a beach frount property? |
| do you own all the sand and water too?... |
|
 What do you think about buying a foreclosure home that is in good condition? |
Is it a good idea?
Additional Details
clari331 does not belong here...so rude!... |
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| How Much do you Pay For Rent ? |
What state do you live in. Just tring to see the rent price's and how they differ.
I have a three bedroom house i pay 325.00 Per month. Ohio :)
Additional Details
Wow Its ... |
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Richard W | If I foreclose on my house, am I liable for negative equity? |
I have a first and a second |
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jck_kerouac
 |
This is not my understanding; I agree that they will try and get the money but NO ONE goes thru forclosure and then pays the difference in practice. Your credit will be shot anyhow so why would you?
What I have heard it that the mortgage company writes off the loss to the IRS and the IRS comes after you for the tax shortfall the gov incurred due to the mortgage company write off the loss. |
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grantwiscour
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Yes. In addition to all the fees that they want to throw at you.
Check how much you could get for the house if you sold it. Look at the difference and see which one hurts less in the long run. |
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cliff_dweller
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depends. If they sell the house for less than you owe then you will have to pay the difference. |
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his temptress
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wizjp is correct. You are liable until the debt is considered paid in full. My first husband and I wanted to surrender our pre-fab home back to the company as it was plagued with problems. We consulted an attorney who told us we had to declare bankruptcy to be rid of it because the company would foreclose, sell the home at a loss and then come after us to pay the difference. |
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wizjp
 |
Yes. The debt never goes away till it's satisfied; the only change is the property no longer secures the debt in most states. |
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k_sheena21
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try this website |
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Omni D
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Yes. You mortgage company will file a judgement against you for the difference between what you owed and what they got from the sale of your foreclosed home. |
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Joshua L
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I guess the question is what do you mean by liable? If the home is the only security for the loans then they can't take other property from you. They will, however, attempt to collect the money. Other than being a nuisance this won't be too big of a deal because your credit will already take a large hit simply from the foreclosure. Advise would be to look into bankruptcy if your already losing your home. Its tough with all the new rules, but you'll never have to worry about the neg. equity unless you have more asests. |
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NONAME
 |
In most cases, they really don't pursue you for the losses, since it's presumed you have no money anyway.
It is correct that you will likely receive a 1099 from them for the shortage, as it could be considered income to you, since you got the benefit of the money without paying it back. You'd have to consult a tax professional when the time comes to see if you really owe anything in taxes. |
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Sherry T
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yes, they will get it. Even if you are 65. |
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