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 Does my ex have to buy me out of our mortgage?
I have lived with my finace (OOOOPS Ex Fiance) for 2 years now and he has paid the mortgage all that time, I put down the initial deposit of £13,000. Now that he is leaving, I want to take over the ...


 Who will be in charge to inspect our apartment when we move out?
By the laws and common practice, who exactly will be in charge to inspect tenants apartment when they move out and decide to charge tenants for something? Property management or the third-party such ...


 Whats the typical commission charged by a realtor to sell a house?
This is for a home in San Antonio, TX. Should it be 6%? Is there a cheaper way I can list my home for sale?...


 Whats the minimum age to live in your own apartment..?
I live in Connecticut and i am wondering whats the minimum age to live in my own apartment with or without a roommate.Also i WOULD be able to get my parents to sign off on any papers....


 Balance Due at my former apartment complex?
I recently vacated an apartment complex in Katy, TX and forgot to pay the "early termination" fee for getting out of my lease early. I cannot get anyone from the complex on the phone to ...


 How long can house prices rise for?
For instance in my town (Witney Oxon) the house prices continue to rise even theough the average salary is too low to rent let alone buy a house. Also people are being made redundant in manufacturing ...


 1st Home decision - Buy a condo or home?
I wanted to get some opinions on whether to buy a condo or a home. This is my first time and I have a limited budget. The condo is in a upscale neighbourhood and the middle school is very good. The ...


 18 years old want to buy foreclosed home?
Im 18 and I want to buy a foreclosed home so I can rent it out. My mom would give me the money (because I dont have a job) so I can buy it and fix it up. And she would let me sell it and get the ...


 Moving to a new apartment in a week, just bought a puppy...?
Im moving into a pet friendly apartment in a week. Right now the apartment I live in is NOT pet friendly. I just bought a new puppy and the pet store will only hold her until today.(I know, I know I ...


 Can i afford to live in a £350 a month rent on a £600 wage?
The flat has 1 bedroom, 1 bathroom, 1 kitchen
Additional Details
Wow! thanks for the help. The flat is a ground floor studio apartment. Other people will live above me, so council tax ...


 Does any one know any place in CA where you can buy a home for 150,000 to 250,000?
...


 Myself and my g/f are looking to get our own place.....?
i have moved out before into a flat with a mate! And she has lived in Australia for a year. What do you think is the best option, rent for a year to make sure we can live together or go straight in ...


 Upfront 6 months rent?
Do you think that an apartment would allow me to pay upfront 6 months rent, on a 6 month lease? I am planning to move out of state in July, and quit my current job of 17 years. I will have all the ...


 Apartment Legal Question?
I moved from my old apartment complex in May of 2006, at that timeI provided them my new address and contact # because i knew i was going to own money for minor damages. In august i recieved a letter ...


 How do I evicte a tenant for non payment and for abandoment of my apartement?
This tenant provided false information about her id, while in the apartement, she was hiding and aiding a wanted fugitive and was dealing drugs while we were getting sick from her smoking pot. And ...


 Somebody has to pay me rent of £70 weekely but now he wants to pay monthly, how do i calculate?
...


 What would happen if every bank closed down?
...


 How many days should I give my tentant who is late paying?
I am new at rental management. My tentant siged a 1 year lease beginning June 1st. He paid both on time with a postal money order. He has not paid July rent. He sent me an email and apologized ...


 Is this a scam? this is what i got back after I inquired about renting a place.?
thank you for your heart felt email and I hope all is well for you. Now I fell obligated to tell you about myself Firstly I am Mrs Ruth RiveraLopes a 50 yr old professional woman a mother of three ...


 Can you receive a penalty if you sell a house less than five years after you have purchased it?
...



Hap5683
Im trying to rent an apartment but they say i make too much money. Why would too much money be a problem?
They have a maximum income cap. For two people you can't make over 31,000.00. I really want this apartment its just so strange. Anyone ever heard of this?
Additional Details
Thanks everyone. That makes sense.. NO I not white... which doesn't matter at this point. and i don't really make over 30k. It me and my boyfriend together that make too much.. Its low income but nice. It sucks but what can you do!! Thanks
                     
 




Ronnie
Rating
Some apartments are wage resticted so that those less fortunate can afford decent housing.When applying in the future first find out if they are wage restricted and go from there. By the way if you have some extra cash laying around..........ah hell forget it....lol !


Figato
It's probably rent controlled or some other socialist program.
Sorry your too productive.


carmenlafond
You must be trying to get in subsidized housing


Aaron S
Rating
Well if it is a substitise apartment of supportive housing or some kind of disability, then yeah you probably have to make only a certain income.


Debbie
Rating
It may be low income housing.


⌡èΓéτπ¥
They are probably subsidized apartments where the government gives the owner money to only rent to low income people.
It's not uncommon.


SmartA$$
Rating
That apartment complex offers lower rent intended to help low income families. They receive money from the government to cover the difference between what they could collect in rent, vs what they actually charge. Since they receive government funds intended to help low-income families, the government regulates the income limits for people who live there.


A D
Rating
I've heard of this in situations where the apartment complex is eligible as "affordable" housing and the income requirements are capped. This will allow residents to qualify to live in decent, affordable places and not get priced out of the area. Sometimes the rates are augmented by some housing dept with city, state or federal funds.


Mourning my Mom
It is probably housing for low income people and they need to save the apartments for people who really cannot afford to live anywhere else.

I know it seems like discrimination......


MIND THE GAP
Rating
Please provide more details.

Where is this apartment?


Jesi
Rating
Usually people only have to worry about that if they are applying for low income housing. I've never heard of that for anything else though. Maybe you should apply somewhere else or buy a house instead of renting. Especially if you make over 30,000 a year you should have more than enough to buy a decent home.


Loving Wife
Yes, it sounds like a tax credit, bond or MPDU. The rent is based on median income for that area. The financing requires them to market to households within the bracket assigned to qualify for the financing of the the property. (mortgage)


There is nothing they can do to assist you they can not bend the rules at all. They get audited yearly and if they are not in compliance it is very expensive to the landlord to get out of the non compliant problem.


drmeric
Rating
Yes, the apartment you are trying to move into is classified as Low Income Housing. It is a government subsidized housing project that pays most of the rent of it's tenants, who must qualify by earning the community definition of poverty. These properties must provide the same amenities as other apartments in the area, therefore they often appear very similar to, if not nicer than, full price apartment communities.


James H
This is subsidized housing. The state or some government agency covers part of the cost to benefit those who don't make enough to afford the going rents in the area. They figure anyone who makes more than 31,000 can afford the usual going rate.


kookoobananas
I have heard of it, my friend and I were going to get an apartment one time and that happened to us as well. I think it is an apartment that accepts section 8. I think it is quite retarded myself, wouldn't they rather have someone who could most definitely pay the bill. egh


Fonz
Rating
You must be white. Anyway, don't worry, soon obama will spread your money around and everyone will be able to get gov housing.


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