 Apartment...upstairs or down? |
I am going to be moving into a new apartment in the next few months and I am undecided if I should look at a down stairs or up stairs apartment.
At the moment I live in an up stairs, so I am ... |
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 What would your starting offer be? |
| The house is listed at $169,900. It has been on the market for about 200 days and was originally listed at $179,900. It appears to be in good condition (current owner is a carpenter) and looks modern ... |
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 I have rent in arrears and won't pay as I'm gonna leave the UK permanently? |
What do I risk? Interpol searching for me?
Additional Details
I rent from an housing association, notb a private landlord, and they doubled my rent x2! I can't afford it and need ... |
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 Do I have to honor a lease that was signed based on claims that weren't true? |
| I was told the following when showed my apartment: 1. I can get DSL internet. (very important - most of my classes are taken online. Turns out, I cannot get DSL and there are no phone lines set up ... |
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 What should i do with this situation? |
| i had the list agent show me the house and im thinking about making an offer. but the list agent is not happy with me because im thinking about getting my own agent. so what should i do? ignore her ... |
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| Can i evict some one with out notice? |
| I own my home, there is no lease agreement. The guy is very rude and changeing every thing in my home. He is very demanding. Has been here only a month. He says he will leave when he is ready to ... |
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 Identity theft: If somebody stole your identity and bought a house, how would you know about it? |
| Identity theft: If somebody stole your identity(such as social security number) and bought a house somewhere, how would you know about it in time before it's too late?... |
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 How can i sue my mortgage broker for lying 2 me? |
| my loan officer for the 2nd time has approved me for a loan and it failed. the 1st time we moved in on her word we were closing on such and such date. on the way to the closing i recieved an email ... |
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 Landlord wants to charge late fee? |
| My rent is due on the 1st of the month, i mail it out on the first of the month but my landlord is trying to charge me a late fee because his bank doesn't clear it until after that. Can he due ... |
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 Should i move back home- please help? |
| so i moved out to a great place where the rent of 840 (it's a one bedroom) i thought since my bf's lease was going to be over he would move in with me and i would defitely afford the place, ... |
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 How do I force a renter to move? |
| I was recently divorced and received a home in my settlement. Notified renters 1 month ago to move. They told me today they will not move until forced to do so. The renters are "system savy"... |
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 How can I collect unpaid rent from a past tenant? |
| We had to evict a tenant for not paying $4425 worth of rent. She actually showed up for court, and agreed to pay back rent, right in front of a judge, so we have a signed court order. It's been 9... |
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 When renting and it says no pets on the lease does that mean no pets? |
| We don't have a dog sadly she passed away and soon will be signing up for a new house to rent we at the moment we don't have any pets when it say's no pets would this also include no ... |
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 I am so frusterated. Will I ever find a house? |
| I am 19 years old and I just got prequalified on my own. At my age and income, I wasn't prequalified for very much ($85,000). Right now I live an hour and a half away from work and need to ... |
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 Are we as landlords responsible for a broken toilet seat? |
| We rent a property to a lady, who has lived there almost 18 months. We fitted a new toilet seat when she moved in. The company who manage the letting have informed us the seat is cracked. Are we ... |
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 A man sold his house @ $100K this year, Sales Price is 40% over the orig.purch. price. What is the orig.purch$ |
a man sold his house @ $100K this year, Sales Price is 40% over the orig.purch. price. What is the orig.purch$
a.$600K
b. $625K
c. $400K
d.$715K... |
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 Joint mortgage with ex girlfriend? |
i need some advice please.
me and my ex girlfriend has a joint mortgage for the past year and we have just split up, i whent to stay back at my mums & dads house so she is now in the flat on ... |
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 Can I be evicted for non payment of rent? |
| My rental utilities are combined with my neighbors ,our land lord will not let us have a copy of the bill. we know our utilities have doubled since last year.i also have bees living in my living room ... |
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kbsmcvet | Is there a reason why our condo isn't selling? |
newer development in michigan 3/2.5/2 we have it listed for 24,000 less than what we bought it for, and are willing to sell it for what we owe, the carpet is the only thing that needs to be changed. We moved to florida a year ago and are carrying two mortgages, we had a renter but he hasn't paid for a few months, our agent has had some showings but no offers. I don't know how much longer we can do this? Is it typical for a place not to sell in over a year?
Additional Details
we bought it for 265,000 it's listed 224,000 we owe 198,000, one of us moving back is not an option my husband has a great job he needs to keep and we have 3 young children in school, the place wasn't empty when being shown the carpet isn't old, it's not new (4yrs) but we were going to do a flooring allowance. |
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jenn
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its because the real estates have crashed.
everyone is in debt
and people who own homes are getting them foreclosed.
who has the money to buy property right now |
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mikeeyman
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It's the market... The number of residencies for sale is huge. |
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★SoCalMami★
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the marke sux |
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blogger
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I have heard Michigan is HORRIBLE right now for real estate and employment. If your condo has not sold you need to get new carpet in there, would you want to buy a house with old carpet? I dont think you would. Also you may need to drop the price more to get it to sell right now.
I think you would have a better chance renting it out (do a good credit check on who you rent it to so you dont have to worry about a deadbeat not paying rent on time etc) |
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victor s
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I would get the people renting out of there and get some good tenants in there. Just keep it on the market it will sell eventually but as others above me have said its a bad time to sell. All you can do at this point is just collect rent and wait. Find inexpensive ways to make it look better. get rid of the carpet and put the wood paneling from home depot, its pretty cheap, get the front lawn redone. simple things you can do little by little. |
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John J
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In real estate, it's location, location, location, and MI is one of the worst locations in the U.S. - which is in one of the worst markets in decades.
I know lots of people who are taking a bath on properties. Depending on when you bought, the place may be worth less than you still owe.
In some instances, it's actually better in the long-run to walk away from such an albitross. You need some professional advice from an accountant and a real estate appraiser who is independent of your selling agent. Run the numbers, and weigh the consequences of just walking. |
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Lisa
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... Like what everyone else said... the market is really bad....
our whole economy is eroding |
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railroad dave
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inflation , including food and energy is running at 30% , the true unemployment rate is over 12% , for the first time in american history a president started a war but did not raise taxes to pay for it . the economy is suffering . in the long run i say just walk away . give up the equity , call it a day . one definition of fascism is when corporations take over a government . this is what has happened in the U.S. they couldn't have come up with a better plan than what is happening now with the greedy , heartless , war profiteering , corporations stealing the last few bucks from the middle class . |
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cheeba0228
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its the market right now. Estmated supply for condos in michigan is about 2 years. Meaning that if you want to sell a condo in Michigan expect a 2 year sale time. Also check with your condo association they may have restrictions on what you can and cannot sell it for. For example my sisters condo has a restriction that she cant sell it for less than 10% of the appraisal price. I live in Michigan and work with Michigan properties all the time I havent seen a condo in the last 6 months sell for more than 150K. Sorry. But you'll have to wait out this market. Welcome to the credit crunch. This is how even the best qualified borrowers are getting the shaft in this market. |
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sadgirlinms
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I've read that Michigan has been hit harder, economy-wise, then other parts of the country. Plain and simple the economy is in the toilet. I wish there was something better to tell you. Try to get some litigation going against your renter or get a new one. Not paying rent is bs. Do you think the renter could be scaring people away prehaps by making a mess? Maybe he doesn't want to leave the condo. Ask your real estate agent about this. |
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frankie77
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Right now the market is awful. It is taking forever for many homes to sell. In my area, the big issue for a lot of people is that new construction is so affordable right now. The builders are giving lots of free upgrades and huge discounts. Might as well buy new. I would try to get a new renter, if you can. maybe use a management company to take care of the rental details, since you are out of area. Good luck! |
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Alex A
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its a bad condo, u should evict that guy, good luck |
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linz_b
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because the market sucks right now, people are broke, prices are rising and people are not getting big enough raises @ work to cover additional expenses |
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sailornun
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Its in Michigan! i live there and trying to get outta here, who would want to live in mi, there are no jobs and everything is expensive. |
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nestegg80
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It's a really tough time to sell.
Consider cycling out your tenant as renting it out instead (rents are going up) may make sense if you think the market will turn around in a couple of years
http://www.1031reviews.com |
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Zeltar
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You said "we". So, I take it you're married. One of you should move back up to Michigan and live in the place. You have to STAGE the home. Just showing an empty home isn't going to sell it. It also needs to be PRICED below the market. You need to know the foreclosure market, and the divorce market as well. Because, these homes are likely undercutting you. You may loose more than you owe; depending on how many years you've owned the house and the appreciation it went through.
You might consider not selling at all. Just prep the house for lease. Plan on keeping it for 10+ years. At this point, that is what I would do. You missed the time to sell by just over a year.
Note: You said "had" a renter. In past tense, I assume he's gone. |
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