 Changing Job Before House Closing? |
| I have decided to accept a job offer (same type of work, more money) but we are currently planning to close on house on 12-7. I will not start the new job until 12-10 but want to make sure this will ... |
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 Why do some landlords do this? |
| Where I live (and in surrounding areas), a lot of landlords charge high rent for residential properties located in "bad" areas. Rather than being willing to negotiate with potential tenants,... |
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 I thought I had my house sold this week, but the people changed their mind! I'm so sick of this waiting game! |
| I've tried EVERYTHING! What do I do now? Where do I go from here? It is all so depressing and frustrating! I've put it on Craigslist, I have it on both Realtors websites in town, and I ... |
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 How can I negotiate for lower rent for my apartment? |
| I have been living in this apartment for two years and I would like to ask for lower rent or, even better, some free months. When I first moved in they gave me 3 free months. Could I still negotiate ... |
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 Me and my hubby are entering a bid on a house, its in north babylon ny, high ranch that needs a tremendous? |
| amount of work which is is fine thats what we wanted. Its an older woman who's husband passed away and she brought a small condo. Its listed at 379,000 we are putting a bid in for 300,000 and if ... |
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 Renting vs Selling, and possibly taking a loss? |
| We are almost finished with our first flip house, yea! I know it was a dumb to try and do this with the way the real estate market is right now, but it was my Grandfather's house. He passed away ... |
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 In Scots law, who is responsible for roof repairs. Downstairs say not them, its 4 flats in a block property.? |
| Our downstairs neighbour say that they are not liable for roof and communal building repairs. We think the rules up here in Scotland are slightly different than in the rest of the country.... |
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 Can my old landlady charge you for her time in getting their house ready for the next tenant? |
| I have been charged £12.50 an hour for time that she says she has spent preparing the house for the next tenant and taken it out of my deposit. I cleaned my old house thoroughly on departure but ... |
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 I want to sell my house and buy a new one and need some help please!!!? |
| Myself girlfriend and I bought a new house 12 months ago for £167500. We borrowed the full amount on a 3 year fixed rate deal. Our circumstances have changed and we now want to sell this property (... |
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 Do I have the right to get out of a lease if my landlord's smoking bothers me? |
| We live in the lower half of a double and when my landlord lights up it becomes very bothersome. Do we have any recourse to get out of the lease?... |
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 My landlord is being forclosed on, do i have to move and do i still have to pay the rent? |
| the sheriff's sale is 12/07/07 and i have a lease until feb. 1, 2008. I have paid the rent on time and i just got the notice today. I don't have the money to move if i still have to pay ... |
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 Who would be responsible, me or the landlord? |
| I moved into a retail strip. My lease specifies that I am responsible for any indoor electrical repairs/problems. Everything was working fine when I moved in and still is. The thing is that I ... |
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 Landlord is giving me until February 1st to move out. Just received letter today, January 15th. Is that legal |
| My lease was up on December 1st 2007. I asked my landlord in November if we could stay until March 1st and I had received a certified letter today on January 15th. The letter was dated on December 31... |
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 What should I do? |
| I was supposed to closed this friday on a house, today is wed and my broker didnt close on my mortgage loan yet. My broker mess me up really bad, he didnt do his homework. He waiting to the last ... |
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 What does it take for a mortgage company to set a closing date on a home sell? |
| My problem is that we have a contract on our house, the person who offered on the house has submitted all the necessary paperwork to their mortgage company, and has received her commitment letter ... |
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 In the UK, what is the usual period for a mortgage to last? |
| And are there disadvantages (apart from the obvious extra interest) to taking out a longer mortgage? At what age do most people get to the point where they own their own home?... |
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irunwithbulls | Is it smart to be buying real estate in the next year? |
I have been hearing conflicting arguments, some say buy nothing, others say get anything you can. What's the best move in the next year? |
 |
 
Johnnie C
 |
To me getting Real Estate on the Cheap is fantastic.It is a
great investment especially if you are going to rent or lease
it out for income..I say if it goes lower..save your money and
Buy, Buy ,Buy...because when the Market goes up you will
be already in a position to profit. |
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Kenneth C
 |
I would definately buy. If you wait, you will be out of the game and you would have missed your chance. |
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Deliah
|
Depends on the area but for the most part the price drop is not over I would wait a minimum of 6 more months. |
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saved by an angel
 |
Depends completely on your situation. Watch out for variable rate loans. Of course, cash is good if you have some. It's time for some good old common sense. If you can get a loan with a fixed rate of interest & low closing costs, plus you have what you think is a sound job, actually now is a good time to buy. House prices are in a overall downward trend. Looks like this will continue until the current credit crunch is over,which could be a few yrs. Everyone seems to want all the toys & gagets, which has led to most people being over-extended. If your not one of them, then this can be a great time for you to buy. I just bought my second at a very reduced price. Good luck |
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divepassion
|
Real estate is seldom a bad investment. Now is a good time to buy because prices are low. |
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Casey C
|
loan career is right on here. If you don't own a home, the benefits of owning the home you live in is always advantageous over renting. Always.
That being said, there is a saying in real estate. When the market is good, buy real estate and when the market is bad, buy real estate. Deals are out to be had in any market. |
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floridasurfcaster1
 |
I bought 40 acres in Rural SE Ky last year and I'm working towards buying some more land in My home state of florida...
they aren't making any more land...
right now imho land is probably better than homes...I don't think Homes have anywhere near bottomed out yet |
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loancareer
|
That really depends on what you are buying for.
If you think that you are going to buy a property and sell it next year for a profit, well you missed that boat. I don't think we will se that kind of market for another 8 - 10 years.
If you are looking for a place to call home for the long term, then it is NEVER a bad time to buy. Yes your home might end up being worth a bit less next year than what you paid for it, but historically real estate values will gain an average of 7 - 9% a year over the long-haul.
What you should be doing is first deciding where your comfort zone lies as far as payments are concerned. Keep in mind that you are going to want to do some really crazy things to your new house like heat it in the winter, cool it in the summer. So don't bite off more than you can chew.
That is probably the biggest reason why the lending industry is in the mess it is in right now. We made it possible for folks to buy way more house than they could afford. Now we are all reap the whirlwind.
What ever you do, don't be sucked into an Adjustable Rate or a Negative Am Rate, (better known as the "Flex Pay Loan" and stay with the good old 30-year fixed payment. If you can't afford the 30-year fixed payment, you can't afford the house.
So for whatever reason you ask this question, good luck to you whatever you decide. |
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mary h
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all depends on what kind of investor your asking. In my opinion the times of flipping that house are over and done with. house prices are dropping-thats a no brainer- another thing to keep in mind is that the sales are at a stand still which means if you have the intention of reselling something- you may be holding it for a while ....and paying bills for the place for a while to!!
But dropping prices means time to buy to some extent at least- you still have to be looking for the deals, but now you need to be following the market in your particular area a little closer to really determine what a deal is. Making offers of prices way lower then purchase price is going to be on the uprise, so dont be afraid to do it. It cant hurt to offer less, but it can hurt your portfolio if you dont offer less.
I would definately recommend taking advantage of these lower prices- and invest in some holding of properties now- invest in properties that can be rented out, something that will more then pay for itself over the next couple of years. properties that have less re-occuring bills associated with them are better- meaning towns with lower tax rates, and no condo or management fees! good rental areas are a plus.
Now is just good time as any to invest- as they say buy low. The only difference is you need to know what to expect and you are probley not looking toward a quick flip or wholesaling over the next few months. |
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