 I had to damage a door because of a faulty lock, now is it mine or the landlord's responsibility to pay? |
| Hey guys, a strange thing happened. My landlord had fit in a new door, but it had problems with a lock, and I got locked in and could not get out. There was no one around to ask for help, and I was ... |
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 Is £60 a month on house bills expensive? |
| My flat mate charges me £60 for bills which includes water gas and elctric and mayb internet. Am i being over charged or is this about right? its a small terrace ... |
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 Why do people like to live in $900,000 'condos?'? |
| I live in Atlanta, Georgia. I've grown up here all of my life, and I hope to move away into a nicer area further out in the country, at some point. I'm tired of the city...it's not ... |
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 Can I be sued for past rent and damages for a home that my mother was buying when she passed away? |
| My Mother was buying a mobile home from a private seller when she passed away in March. she is still legally married to my stepfather but he is incarcerated. My younger brother lived there for the ... |
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 Do I have to have pre-approval letter just to see the property? |
I'm planing to buy a property so I got a realtor who said that he has a few properties but would not show them to me unless I have a pre-approval letter. Is this normal? Is this a must?
<... |
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 I recently bought a house and was disappointed to find out I paid exactly the appraised value of the house.? |
| Is this unusual? I thought in this market I would be paying less but that was not the case. My coworker said I should have bought the house and already had equity in it. IS that true? Don't get ... |
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 Why is it that 96% all mortgages are still being paid on time? |
| Yet America hating liberals focus only on the 4% of scumbags that should have never qualified for a mortgage in the first place?!... |
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 My tenant wants to break the lease and move out immediately. as a land lord, what should i do? |
| she says that her mother has cancer and she has to move to Texas to take care of her. she says that she got fired from her job. there is no money to pay rent next month.... |
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 Apt rental agreement question with a faulty appliance? |
| I have just gotten a new 1-bedroom apt and it came with a refrigerator. most of the apts though in this bldg and managment company DO NOT come with a refrigerator and so i noticed there was one when ... |
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 How much am I entiled to? |
| My ex and I bought a house together a year ago. It is financed in her name alone, but both of us are listed on the deed. She broke up with my four months ago and we are in the process of sorting ... |
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 Father-in-law possibly buying house across the street? |
| my father-in-law and his girlfreind are looking into buying the house that's up for sale right across the street from my husband and I. My husband wants him to buy that house, however I'm ... |
|
 Am muslim lady came to london from abroad for treatment looking for stadio flat to rent for 6weeks close to? |
| regent mosque, ready to pay 150 per week maxi, please may allah reward you can you help please reply yes or no. ... |
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 The house I'm buying isn't worth the price offered...? |
| the appraiser said it wasn't worth the price. it's about 50,000 less than what we offered. the sellers don't owe anything on it, but i'm worried they won't negotiate with ... |
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 Is this a good time to buy house / condo in Conneticut? |
| or are the prices expected to still come down? Do you think prices of Condos and townhouses will coem down, too?... |
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 Is It ok to Tag Along With a House Inspector While He/She Is Inspecting Your Future House? |
Buying a house and need an inspection. (Cincinnati, Ohio) A friend said that their house inspector did not want them to be there because he might get distracted.
Is that the norm.? Or ... |
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 A subprime borrower preparing for refinance? |
| When I bought my house a year ago I was a subprime borrower. I have a mortgage through Option One a known predatory lender. However I have made all my payments on time and havnt had one problem. In ... |
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marytominia | If value of home drops am I still liable on the outstanding mortgage? |
What if the value of my home drops? Am I still personally liable on the outstanding mortgage? I heard that you could hire a real estate lawyer and actually reduce the outstanding loan to the lower house value here in California. |
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Landlord
|
Mary, you were already given the money. You already spent it. The value today does not matter, you took $XX amount and promised to repay it. Now you are refusing because the value is not there? |
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acermill
|
You heard incorrectly. If you borrowed $200K to buy a house, you are expected to pay back all $200K, plus the interest charges until it is paid off. Why on earth would a bank lower the amount owed just because the value of the house drops ? That doesn't work with car loans, and it doesn't work with mortgages either. |
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organizeyourbiz
|
WHAT? You're kidding right? You took out the loan and are responsible for the entire loan. It will not lower because your house decreased in value. Where have you been the last couple of years? |
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Ming
 |
YEP. |
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oakhill
|
If you signed a mortgage agreement to borrow $100,000 for a house, you are contractually obligated to meet the terms of the agreement. The current value of the home is not a factor. In some cases, if the mortgage holder agrees, the amount owed could be renegotiated. The bank/mortgage holder is not obligated to change the terms. There have been proposals in congress concerning re-valuing mortgages down to their current worth, but there is no law at this time. |
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Leo F
|
You got to be kidding. If the market was up 25% would and the value of your home went up 25% would your Mtg payment go up or balance of your loan go up?????? NO so why would you think it the value of your home goes down you should owe less???? You really just don't get it. |
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src50
 |
You are liable for the loan amount. |
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muneepenee
|
yes, yu gotta pae for the hous. |
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mykatesmom
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Yes. You are liable for the amount of the outstanding mortgage, regardless of the current value of the home. |
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