 Is it a good idea to sell my home to my son without a realtor.? |
| My son wants to buy my home which is already paid for. We both agreed on a price and he is going to get a loan approval. What do I need to do next? Is this a good idea to do without the help of a ... |
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 If you do not get an appraisal then how do you really no what it will sell for? |
| I want to sell my home I am fixing it up with basics, new paint inside and out and fixing up the yard. If i want to put it on the market how do I know to really put it on the market for? I would like ... |
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 For a mortgage, how do you know when to pay points and when not to? |
| I want to refinance to lower my monthly outgoing - I would have to purchase points to get around the interest rate I currently have or lower. When does it make sense to pay the points and when is it ... |
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 My landlord is harrassing me. Please advise.? |
| Our landlord claims to have no way to contact me other than knocking on our door. She knocked very loudly, tried to look in our window and even tried to open the door. I have a husband that works ... |
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 Why are people in the UK so obsessed with mortgages? |
| I am so bored with people bleating on about this in the UK, saying renting is dead money, blah, blah. Yes but if your house gets reposessed then your money was indeed dead, you morons! When you have ... |
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 Should my Landlord pay us back for the Washer/Dryer we brought? |
My roomate and I have been renting an apartment for 2 years. Our lease is up September 1st, and come this Sept she will be moving to San Francisco and I will be moving to a new location.
... |
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 Am I stupid...buying a house with bad credit question.? |
| I have been living in a house..lease purchase option for two years. I officially have 11000 down due to part of my rent going toward purchase. problem is..i havent been able to increase my credit ... |
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 Iam about to rent a luxury apartment but my scores are 619,610,607 do you think i can get approved? ? |
My total debt with all my cards is $8000 and 1 car payment of $600 per month .my credit is just 2 yrs old and i never missed any payments and no collections.
Additional Details
My credit ... |
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 What is a reasonable wage per hour for cleaning a house? |
| Tenants moved out. I called servicemaster to come out and clean but they wanted 50$/hr per man. It was easily going to eat up the security deposit without finishing because of the large mess. I had ... |
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 Can I buy a house then transfer the deed to someone else? |
| My boyfriend has been drawing unemployment for almost a year. He recently got a new job, which he will be starting in a few weeks. He wants to buy a house, but doesn't think he'll be able ... |
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 Im worried that my house will be demolished?!? |
| Hi everyone,I live in a old house on a street,there are only two houses next to me and that's it everything else is business buildings etc,I rent my house privately,anyway I keep hearing off ... |
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 I cant refinance my home cant sell my and my mortgage will be too high for me to pay this year what should i d |
| realtors have gotten me in a mess i am afraid i will forclose if i dont get answers my home apraise for the same as my loan and i also have a high interest ... |
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rachellynn200 | In a rent to buy home who is responsible for repairs on the home? |
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Nick R
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The repair obligation will be spelled out in your rent to buy agreement. There is no set standard, it could go either way.
Some agreements have dollar limits a seller is willing to pay for repair/replacement.
If you are about to sign a contract, be sure you add the repairs, including termite treatments, as a condition of the contract.
If you have signed the contract, read it carefully. You will find that section somewhere in the documents.
If you can not find the clause, your dealing with an inexperienced landlord/seller, and it could be a problem for you if a major repair were to occur. |
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Catfishchic
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My husband and I are renting to own and we have to fix it. We can do anything we want to it. |
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Ender
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Depends on how it's dictated in your contract. |
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decblackpsalm
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What did you sign? Find those papers, it should tell you in whatever it was you signed. |
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answermonkey
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Whoever the title belongs to. If it's not yours yeet, then it's the current landlord's. |
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★Fetal☆ ★And ☆ ★Weeping☆
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Usually it falls on the owner to repair. But check your lease. Sometimes you sign one, and it states that since you will eventually own it, it's up to you to repair it. My parents were doing the rent-to-own thing at one point, and it was up to them to fix whatever needed it. So just check over your lease, it should have the info you're looking for. |
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thetoothfairyiscreepy
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it depends on the contract. read it thoroughly, and make sure you have this all clearly stated in writing. if it is a contract for deed (often called a land contract), then it is treated as a mortgage, and the person who is in possession of the property (the "renter", or lessee) is responsible for repairs, insurance, maintenance, etc. on the property. it's just like if you bought the house outright--it's your responsibility. the seller (or lessor) retains title to the property until you make all payments, and after you make the final payment, then you recieve the title.
as always, be sure to GET IT IN WRITING, and CONSULT WITH A REAL ESTATE ATTORNEY!
hope this helps, and hope you have a good day! |
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Therealmsred
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The owner is responsible until you own the home. You should have something in writing. |
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K B
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Did you get a deed registered at the court house, or was the documents you signed just a lease agreement w/ the understanding that you were purchasing? The person w/ the deed is responsible unless you signed anything differently. |
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