I want to buy a house; I'm 24 with decent credit and climbing, but no down payment money? |
I just moved to San Antonio, in a big part due to what my bf thought jobs would pay and housing costs. (We come from FL where everything is horrid for homes there!)
I've seen homes ... |
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Tips for buying first home any advice? |
| We are looking into buying our first home. We are working with a mortgage company. Should we apply for more than one? How do we know we are getting the best rates? Should we go ahead and buy ... |
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Can you negotiate rent? |
| I am moving into an apartment in the Washington DC area. It is fairly expensive for a 1 bed, 1 bath no utilities included apartment, but I dont really have a choice. The rent is 1500/ month. With the ... |
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My rent cheque has bounced, does the landlord get charged? |
| Basically, my landlord deposited my rent cheque a day before an incoming amount of money entered my account, the cheque has bounced, i have been charged £8, but i was wondering if she would be ... |
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How formal do I need to dress as a real estate agent? |
| I am starting as a real estate agent next week and really want to rock my new job. It seems like many of the agents I meet wear suits. Do I need to wear pant and skirt suits when I am meeting ... |
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How come they want a bid on a house then have a home inspection? |
| don't you want to know whats wrong first and adjust the bid accordingly.just like buying a car,you see there price and go to a shop to check it out and then haggle over the price of whats wrong?I... |
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My tenancy agreement says no more than 3 in my home, my pregancy will make us four can they evict us? |
| My husband and I are renting and have a toddler, my tenancy states I can not exceed the amount of people beyond 3, I have discovered I am pregnant again, is this grounds for eviction once the baby is ... |
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Can you take anything if your house is foreclosure? |
| if you have to be out of your house a certain date cause your house is foreclosure, can you take anything? like fridge, washer dryer..... |
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Is it possible to refinance? |
| I bought a new home 1.5 years ago and paid 290k and did an 80/20 loan. The loans are interest only 1st 10yr 232k @6.5% and 58K@11.5% . Since the decline of the FL market the house is probably worth ... |
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Landlord problems? |
We have been living in a property for 7 months now and our shorthold tenancy has just switched to 'month to month'. (it was for 6 months)
do they have to give 1 month, or two ... |
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How do you go about buying your first house? where do you start,bank or Realtor? |
Additional Details This will be in my boyfriends name since he is the one with the good credit. Will they want my credit history? Will that hurt our chances?... |
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How much can we afford to pay for a house? |
| I know the best answer to this is to contact a professional but we aren't at that stage yet. I was just wondering if anyone could tell me about how much we can afford to spend on a home if we ... |
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What is a realtor allowed not to disclose when selling a house? |
| What information can a realtor hide from you if the realtor has been made aware of it.... |
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Can we go after the realtor, or home inspector? Who is responsible? |
| We purchased our home in July 08'. About two weeks after moving in the sewer flooded our bathtubs. We had it cleaned, and thought all was well. Since then it flooded the bathroom two times, and ... |
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sumthn serious | Is it fair for my landlord to increase my rent by 25 dollars since "the cost of living is going up"? |
I plan on moving out now to something more affordable for me because nowadays, $25.00 is a lot!! |
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Art effin' Vandelay
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It depends on what your total monthly rent is.
If you aren't in a lease and are going month-to-month with your tenant agreement, figure out what percentage increase this $25.00 works out to.
There is a legal limit as to how much a landlord can increase your rent. It usually works out to the inflation rate plus 2%, but this varies from state to state. You will have to check to see what this amount is where you live.
So, to answer your question: Is it fair? Maybe not, but it still might be legal for him/her to do this. |
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It's Kippah, Kippah the dawg
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If your lease is up for renewal, or you're on a month to month, yep,it's legal.
And $25 ain't nothing. Try getting your $1250/mo rent jacked to $1550. |
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Eye_Mac
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If you can find something acceptable and cheaper then yeah go for it.
I rent a house out. In the last year property taxes have increased 8%, city utilities increased $20, electric and natural gas had increases 9% or more. Every cost the landlord has is increasing.
I don't know the particulars of your situation but I am struggling to hold the line on a rent increase because I currently have a good, quiet, respectful tenant. |
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Kappa Girl Jen
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They cannot raise the per month rate unless there is a clause allowing them to do that in the lease.
If you don't have a lease, it's perfectly fair. The cost of living IS going up. As a property manager, sometimes it's hard just breaking even, let alone making any kind of profit. |
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humboldtperson97
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yes it is fair for your landlord to raise it. your landlord has the ability to raise it a certain percent every year. that means you might want to look at your contract. |
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Real Estate Guy
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you are correct, the cost of everything has increased. So NO, it's not unfair.
And it will cost you more then 25 a month to move. |
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Expert Realtor
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Well, that is your right, but you also have to be smart about it...don't cut your nose off to spite your face.
Moving, is also expensive with deposits, non-refundables, time off from work, utility cut-on fees, etc.
$25 per month comes out to be $300 per year...so if you can MOVE for LESS than $300 (and good luck doing that...I never have been able to), then by all means move. But if it will cost you more, then if you move, you'll be losing money.
Landlord's have expenses that go up every year, and you had a lease that obviously expired. It's his right to raise it, and your right to move.
Just think it through. |
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☼AstrologerJuliAnne☼
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If you have a lease that is in effect, then she cannot raise the rent until the lease is up for renewal. If you are on a month to month tenancy, she can raise it $25 every month and say whatever silly excuse she may want to come up with...You, on the other hand, have the option of not putting up with that, and moving somewhere more affordable to your budget. So, is it fair? What in life IS fair? It's not about being fair, it's a black and white deal here. She wants more money, she can raise it. Look at it this way: She could have raised it $100 month! |
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schwildcat1977
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It depends:
If you have a lease- they cannot raise the rent until the initial lease term is up. In this case, you cannot just move out either.
If you are on a month to month - they can raise the rent anytime they want, but they must give you 30 days notice. In this case, you can move out but you must give 30 days notice and pay rent thru the end of that 30 days.
This is a pretty small increase. When landlords increase the rent it is usually a much larger amount. You are getting off easy here. Cost of living increases are pretty standard and perfectly legal if done correctly.
You are really over reacting here. |
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Sharon T
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You don't say how much your rent is or when she last raised it.
If your rent is $500 then your increase is 5%, which is less than the CPI rose this year. Costs have indeed risen, especially property taxes and insurance.
Better look around before you make up your mind. Moving is expensive. |
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Cubby
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Only if you don't hae a lease.
Then only when the lease is up. |
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Alice_from_Manila
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it is a lot! Just moveout...sounds like your landlady is a greedy one... |
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