 If you were a landlord, what would you do? |
One of my tenants recently moved out and I found a significant amount of bloodstains throughout the apartment.
How much should I charge for damages?... |
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 Can you believe charley is still not up for eviction again!!!!!? |
something a bit fishy going on if you ask me !
this should be in reality telly but it wont let me change the catagory, why not??? yahoo whats going on????... |
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| HomeOwners: How old were you when you bought your 1st home- and how many do you own now? |
| I am 27 yr old female, and I own 3 homes. I am just curious as to how everyone else is?... |
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 I purchased my home Sept '05 added my domestic partners name on the deed Feb '06 can I remove her name? |
| Mine is the only name on the mortgage can I go to the same Title Co. and have her name removed since I was the one who decided to place her name on the title?... |
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 Selling property, how tidy should it be? what should and shouldn’t be on display? |
| I am trying to sell my flat and I’ve been told I have too many things in my flat. It is tidy but I have things like ornaments, boxes and extra things around my flat. When you sell property is it ... |
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 Do you have to pay a real estate agent for showing you houses if you buy one directly from a builder instead? |
| There was no contracts signed. Is is unethical to not give him anything? And if you do pay him, how much?... |
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 How Possible is it to get approved for a mortgage with little/no/bad credit? |
| OK - My mom is insisting that since i would be a first time home buyer that I would qualify for a lot if I would try to get my first house. I have been SLOWLY getting bills paid off and getting ... |
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 Can you go to jail because of Foreclosure? |
| My house was foreclose and auctioned for $264K and I have a balance of $477K. According to some state laws, I am liable to pay the difference. Is this correct? What are my legal rights? Do I go ... |
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 Why don't FOREIGNERS buy our homes? |
| Reading bits here and there about the falling dollar, the real estate and fraudalent mortgages collapse, the almost $100.00 barrel of gasoline, and the heavy foreign investment in our own economy, it&... |
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 What exactly is this "mortgage crisis" in the US? |
| When and how did it start? What does it mean for the average person in the US?... |
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 6 month tenancy agreement? |
| I have a 6 month tenancy agreement (shorthold) between me and my tenant. He has been in the flat for five years and only ever signed the agreement once when he went into the flat. Should I have ... |
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 Why not destroy empty and foreclosed houses? |
| This will stop the housing glut, create a housing shortage and stabilize prices.... |
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 What is the process if you want to sale your house, but it isn't paid off yet? |
| Like if you still owe $15,000 and someone wants to buy it for $25,000. When you are buying it from a person, not a real estate agency. What steps need to be taken if you don't have the money to ... |
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 Land owners come forward and help me!!!? |
I am discussing fencing with my neighbour, and I would like to know who own's which fence.......
Additional Details
I have looked on my deads and it just outlines the whole of the ... |
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 I have placed 2 properties on the market with an estate agent......? |
and have agreed commission sum etc to sell them.
I have found a potencial buyer for one property at work, so what is the situation with the estate agent - Can I sell it? or am i tied?... |
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boblehat | If I sell my house for money, what return will i get? |
i want to sell my place,pay off debts and move abroad.i have an interest only mortgage but my house is twice the price that i paid for it.
what amount would i have to pay back to my mortgage lender? |
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bud68
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You have to pay the remaining loan balance to the mortgage lender, obviously. |
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chatsplas
 |
Get a Loan pay-off letter or estimate from lender.
With interest only loan (generally a bad idea) you have built up NO Equity and you owe the full amount of your mortgage.
Don't forget you have to pay Uncle Sam if your gain on the house is more than $250,000 or you haven't met other conditions. |
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golferwhoworks
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from the sales price you deduct real estate commissions and pay off of existing liens and your settlement charges any thing left over is yours |
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...Melissa...
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You won't really know until you actually sell the house.
It could be on the market for 10 months and the only offer you get is much lower than what you want to let it go for.
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I Buy And Sell Houses
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You would receive the equity in your property, minus any transaction costs.
For example, let's say you bought at $100,000. The property is now worth $200,000. Since you have an interest-only loan, you haven't been paying down any principal. So you still owe $100,000. That means you have $100,000 in equity.
So, you'd have to pay back your lender $100,000. You can check with your lender at any time to find out how much you owe...what your "pay off" amount is.
However, you wouldn't receive the full $100,000. You'd have to pay certain expenses. If you used a Realtor to sell your house, you'd pay the commission. It's negotiable, but let's say it's 6%. That's $12,000 to the Realtor(s). Then there are a number of closing costs and other expenses. Those might run, let's say, 5%, or $10,000. So you'd have $22,000 in other expenses, total. Subtract that from your $100,000 in equity, and you'd receive a check for $78,000.
Hope that helps. |
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deadman
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you have to pay back the value of the mortgage, duh! |
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magicclit56
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the rest |
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annazzz1966
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Your pay off amount will be the amount of your mortgage plus any interest and possibly penalties. |
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Draven
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What ever money you still owe them plus any redemption penalty
edit - ah interest only! that means the full balance is still outstanding yes? |
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NanaNina
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Now is not a good idea to sell your home. I would suggest you wait until the economy picks back up and your property acquires the rightful value and where buyers will pay the full asking amount. We are in recession right now and if you sell, you might just be selling yourself short.
Good luck! |
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June
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Check with your mortgage lender they will tell you if you ask, be prepared for a wait though houses aren't selling at the moment |
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