 Mortgage/loan confusion....? |
| Here's my situation... I am self-employed and have been for almost 3 years. I have the past 2 years tax returns... which don't total much in profit at all. I am looking to shift my business ... |
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 What kind of offer should I make on a house? |
| I found a house that I would like to purchase. The asking price is 157,500 (about average for the area). I was wondering if anyone could give me some input on how low of an offer I could make. I ... |
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 Help! Im scared and really worried!? |
I was browsing on craigslist and found an ad with his phone number and email advertisng my place for rent as of Nov.Ist. My contract does not end until March.
My boyfriend sometimes parks ... |
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 How easy is it to get a mortgage with adverse credit? |
| My landlord has just told me that he is selling the house we rent. He has said that we can buy it for £130k, but I don't work as I have 2 young kids (can't afford childcare etc) and my ... |
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 Buying my own place? |
| this isn't really a question, more of a rant. i'm 19 and live in hackney, east london. i'm working as a teaching assistant and earn about 900 a month. my parents are driving me crazy ... |
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 When is a rental lease agreement binding if we sign the lease before the actually date the lease starts? |
| My wife and I signed a lease on 25 October 2008 to rent a home to accommodate the LL because they live out of State. The Lease agreement does not start until 1 NOV 2008 as stated on the LEASE. When ... |
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 If your landlord is forced to sell house in divorce, does the tennant have any rights and what are they? |
| Our landlord tells us we have nothing to worry about but he then brought a realtor to the home in question, along with his soon to be ex wife, and later told us that he has to put the house on the ... |
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 Will landlords combine rent and utilities if requested? |
| We are looking to rent a house for our first time, and while looking at ads I noticed some of them have rent and utilities combined and others say $---- rent, + utilities. Is it something unusually ... |
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 Can you work with your mortgage lender to have them willingly lower your principle balance? |
| Has anyone done this? Also, will this negatively affect your credit score? I would think the lender would rather lower your principle balance than face foreclosure.... |
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 2nd Mortgage help! I need a lender with balls...? |
| I need to refinance my second mortgage but most brokers that I've worked with shoot us down. We reworked out 1st mortgage about a year ago due to my wife being out of work. We were able to avoid ... |
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 Can I refuse to allow my land lord to enter my home? |
| I live in an apartment complex and they are constantly sending out 24 hour advance notices to let tennants know that they will be entering the apartment on a certain day between certain hours. S... |
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 I don't have any credit. Is it still possible to get a loan to buy a house? |
| I work full time and have been at the same job for 8 years. My husband also works full time. We both have good jobs that pay well. Our problem is that we don't have any credit at all. We don&... |
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 Buying a property ? England answers only please.? |
How does a 20 year old purchase a property, that costs £200,000 ?
Since she is only young can she get a mortgage and pay it off, during her life ?
Thanks, best answer gets 10 points.
<... |
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 Should we shop at around at diffrent banks for mortgage rates? |
| My husband and I are first time home buyer's. We didn't kow if it was better or worse to let several banks run pre-approvals. I wasn't sure if it would hurt our credit for a bunch of ... |
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 CAN THEY DO THAT ????? ? |
| I moved into a place owned by a housing association in February this year. at first while decorating there was alot of noise because there was no carpets down and the man that lived below me could ... |
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| Where do I file complaint against my landlord who won't fix the holes and leaks in my bathroom ceiling? |
| For the past 5 months I've complained to my landlord about a leak in the bathroom ceiling. He came in with a friend of his and torn down half of the bathroom ceiling found out that pipes were ... |
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 If i short-sale my house for $200K and i owe $425K on my mortgage do i still have to pay the difference? |
| My mortgage is $325k 1st loan & $107k heloc. Do i still have to pay the difference to my lender? Can they go after me even if i qualify for debt forgiveness?... |
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 When would you start packing? |
| We close on our house in 21 days and I am wondering if we should start packing now. "We" is my husband, my son, my baby daughter and myself. We haven't gotten any boxes or begun ... |
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 I got preapproved for a mortgage but how do I acutally know if I got the loan? |
| I talked to the person and they have all my info..and ran a credit check...all the stuff how do I actually know if I got the loan or not??... |
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 When is the best time to buy a house? |
| I live in Los Angeles and I want to buy a house, but it seems like the house prices are dropping. Is it best to buy a house when the prices are rising or lowering?... |
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sarah07 | Incentive for renters while house is on the market? |
I am preparing my duplex for sale. Currently I live in one of the units. The other unit is rented and eventually, if it does not sell within a year, I will have to rent my unit out as well. My concern is getting the tenants to cooperate with showings. I am hoping to find persons who have nice/decent furniture and keep the place relatively tidy. I also realize, while showings are not as frequent these days, that I need them to accommodate showing requests as they come up.
Likewise, I am wondering what I can do to offer an incentive to them? My rents are relatively low already for the area and amenities offered and I can't afford to discount rent much. The other idea I had was to offer a selling bonus, if the house sells while they are living there (maybe 1/2 of the security deposit back as a bonus?)...any other ideas? Thoughts? |
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estielmo
 |
Use YOUR unit to show and only show the other unit to pre-approved buyers ready to submit a contract.
In any event, "nice" furniture is not necessary, it's investment property. You simply require a tidy, clean apartment. If you need to show the place offer to order them pizza every time? Maybe get then basic cable service for the balance of their lease... |
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glendaokoeguale
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Not sure where you're located but here in Chicago, landlords are only obligated to give tenants a 48 hour notice before entering their unit. As a landlord, I spoke with my tenants to find out what weekday was best for them and basically tried to do showings on 1 or 2 weekdays to accomodate my tenants and a Saturday showing was always mandatory. You are the owner and there are rights to protect you. I've realized that if tenants have a heads up about showing their unit they generally will clean up anyway. I would simply tell the tenants that Sat. showings are mandatory but you would like to for them to pick 1 or 2 days out the week for showings and if your agent needs to show the unit other than those days...just give your tenants at least a 48 hour notice. NO INCENTIVES NECESSARY. |
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Landlord
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Half the security deposit back? How is that incentive? You have to give it back regardless.
Legally speaking, they can not prevent the property from showing. They usually keep it neat, as they want the new landlord to keep them as tenant.
I would not offer anything. As long as both sides of the duplex are the same (usually are) it is acceptable to only show your side, allowing access to your renters side contingent on an offer. This is standard practice, no buyers will worry about it, they can back out of the offer after viewing the other side if they want. |
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tenderlovingcare77
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What you said sounds good. Best Wishes, let me know how things turn out. |
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schwildcat1977
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No incentives or compensation needed. You can show the house anytime with at least 24 hrs notice. They do not have to agree to it, bu they legally have to cooperate. You cannot make any agreement with the deposit because that is NOT your money. If the house sells and they stay (their legal right if they have a lease), then the deposit money needs to go to the new owner. If they decided to move out at sale, then they need to get all of the deposit back as long as it is in good shape.
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oneiloilokano
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I have my other home in the Philippines for sale or renting with option to buy. My option to buy is 100% of all rent and security deposits going towards the sale price if the option to buy is exercised. |
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rusty_266
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As a landlord you have the right to enter your property at any time as long as a notice is given ahead in advance. No incentive is necessary. I would simply inform the tenants of your intentions, letting them know that if the right buyer comes along you may be selling to another investor and their situation should not be affected. As for offering part of the security deposit back, you certainly can do that. But understand that if there is a sale, at closing, the full security deposits will be transferred to the new owner. |
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New Yorker
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That sounds decent. |
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schwalmy
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The house I lived in last year went up for sale. That tends to make us renters uncomfortable. I moved out as soon as I found out they were selling. You might lose the renter all together. That was last march. It is still for sale. Be careful. |
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