 Should I refinance my house in this situation? |
| We bought the house a year ago and the APR is currently 6.75 (30 year, fixed). We owe around $172000 (not counting the home equity line, 21K). I was just looking at Quicken loans and saw tone of ... |
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 How low can I go when making an offer on a home? |
| The house is in Georgetown, Indiana listed by a realtor. I'm not going through the listing agent though. I've got a buyers agent I've been working with. It's a new construction ... |
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 Do I have to have an inspection done on my brand new condo? |
| My offer was accepted on a brand new condo... my real estate agent said I needed to get a home inspection within the next ten days, supposedly it's mandatory???! but wouldn't the condo'... |
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 We're having issues with or landlord and mold? help please!!? |
| OK, here goes. Last year or so, we had a leak in the bathroom from the tub not draining properly, carpet in the kids room got soaked and we ripped out the padding, floated the carpet to dry it. Then ... |
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 When "flipping" a house what are the tax consequences? |
| What can be written off and how does it affect personal income tax. Also is capital gains involved?... |
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 What do you think about REALTORS? |
| What has been your experience? The reason I'm posting this question is that I have seen some people on here speaking in not so kind words when it comes to Realtors. Some of it comes from so-... |
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 Homeowners: How much do you make, and what does your house cost? |
Please, renters and apartment owners, I am not requesting your answers at this time. I still love you, though. :-)
My husband and I will be making a NET income of $57,000 next year and we ... |
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 Is 7.625 a decent rate? Historically? |
I've been offered a mortgage for a 30 year fixed rate of 7.625 on a conforming level2 fannie mae loan with 20% down. Fico score is at 616.Looking at 120k home.
(Midwestern homes are still ... |
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 What do you think? |
| My friend, Emily, and her family are moving (somewhere else in the same town) and they are selling their house. My family are looking for a house and we are concidering on buying Emily's house. ... |
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 Mortgages & Bad Credit? |
| My fiance and I are not married yet, but are thinking of buying a house. We both have pretty bad credit. When I google "bad credit mortgages in Pittsburgh PA" a hundred links come up and I ... |
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 Can a mortgage company prevent me from leasing my house after I've lived there for 3 years? |
| It was my primary residence for over 3 years. Does anyone know anything about this? Does it always have to be owner occupied? Thank you!... |
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 Can maintenance be carried out in rented accommodation without 24 hours notice to enter property? |
I wrote to my letting agent about 6 weeks ago concerning a large crack in my window. The crack in my window was there before I moved in. However, now it's getting to winter i wanted it fixed.
... |
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 How can I find the history of my house? |
| I actually have since moved a block or so away from my old house. I'd still like to find the history of the house, though, just because it seemed so cold and dark. Several people in my family ... |
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 Is this a scam? (REAL ESTATE)? |
| Developer is looking for investors to buy lots of land. Developer is wanting to start an IPO and get $$$ to launch it. Investors buy lots and "cash out" $20 K -- then lease the lot back to ... |
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 How do i get on Section 8? |
| i just got kick out for my dads now i'm at my moms i cant work i get ssi and i dont have a home what can i do ? i wont have any for 6 days and i cant stay with my mom and i dont know anyone who ... |
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 I have a credit score of 640 my fiance has a score of 750. Can we buy a house what score would they use? |
Additional Details
We would only have about 5% to put down in order to pay for closing costs and have some emergency cash left over.... |
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 First time home buyer using a VA Loan...? |
| My Husband comes home from Iraq in a month, and we are going to buy a house as soon as he gets home. I've heard that a VA loan takes a while to process and what not. So my question is, how long ... |
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~~PG~~ | Landlords, please help....? Un-cooperative tenants....? |
My parents own 3 houses that they rent out to people. They have done this for about 6 years. This is the first time they are having problems with a tenant. They don't pay their rent until they are given a notice to pay to 7 days or move out. Also EVERY check they have given has bounced. They NEVER switched the utilities to their name, it is still in my dad's name, but they refuse to pay them. The utility companies will not shut off their service until they are behind by a certain amount. All this is new to my parents, and they are researching their options, but I was wondering if anyone could give any tips or advice that I could pass along to my parents.
Thank you very much. |
 |
 
nojam75
 |
Have your parents send a letter to their tenants stating that check payments are no longer accepted. Then they should return any check payments they receive from the problem tenants. One can always refuse to accept check payments -- especially from someone with a history of writing bad checks.
Your parents need to tell the utility companies that they will no longer in possession of the properties and will not pay utilities. I've never heard of a utility forcing someone to be a customer. Whether or not the tenants decide to turn-on services doesn't matter.
Depending on the lease and state's laws, your parents can probably issue a warning letter stating that tenants are in violation of the lease (i.e. failing to pay on-time, switch utilities, paying past due balance for utilities/NSF fees, etc.) and have 10 days (of whatever notice required by law) to comply with the rental agreement. If they don't comply or pay late again then your parents can probably issue a For Cause Termination and go to court for an eviction.
If your parents are uncomfortable managing their properties, then they should consider hiring a property management company or a lawyer that specializes in rentals. Some property management firms will even contract for one eviction. |
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Michael M
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number one get an attorney
number two check the lease over for any flaws
number three have the attorney do an evication letter
every day you extend it will make the heartache worse |
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Kobe
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If the tenant isn't paying up kick him/her out,it's the only thing to do |
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Yahoo KOL
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NUMBER ONE
Have your parents cancel the utilities account ASAP.
Get a lawyer and kick the bums out.
Your parents credit rating is taking a beating with the utilities |
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SiggySmalls
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I'd get a court order and just have them evicted they will have 30days to move out |
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Landlord
 |
The utilities will turn off, your parents just need to tell them they do nto reside there.
Your parents can also require cash payments and evict them (eventually this will lead to an eviction, your parents have a loser in their property) if they do not comply. |
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Michelle C
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Your parents do not reside in the residence so for the utilities send WRITTEN notice by CERTIFIED mail (keep a copy) that if they don't put the utilities in their name within 30 days they will be turned off. Then your parents can let the bills run up be turned off, pay it and not turn it back on - also is there a lease? If there is it should state what utilities the tenants are responsible for, if they haven't lived up to the terms of the lease it is grounds for legal eviction. Also stop sending notices that they have 7 days to pay the rent. Legally tenants have to pay in full no later than the 10th of every month- after that your parents can start eviction with no further notice. It's a simple form at the courthouse. They can also be charged for all the bounced checks as long as your parents keep copies. My advice is to go for the eviction, skip the utilities game. |
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hobbit0299
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if they are on a lease then wait till the lease is up then kick them out.
if they are a tenant at will you can make them move out when ever you want. |
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estielmo
 |
Unfortunately, your parents are idiots. I'm sorry.They have blithely cashed the rent checks each month and cut the grass, content that life is good and there are no problems in the world. A good landlord is not a "nice guy." He is always on his toes defending his empire.
They should have instructed all the utilities that "as of [this date] we are no longer responsible for the bills on this property - disconnect all service." It's up to the tenants to get them turned back on. Your only favor to the tenant might be to be there for the workmen to read the meters for the switchover, etc.
For someone who is late with their rent it is best to get ahead of the problem immediately. You can always back off later, but you have to show strength from the start. The day after your grace period (if you have one) you should issue A Three Day Notice to Pay or Quit. After 3 days you issue a Thirty Day Notice to Vacate and go to the courthouse to find out how to take the tenant to court and file the paperwork as soon as allowed.
At any time during this process you can rescind the case if the tenant catches-up, including the court costs. I have found that many tenants are so shocked that you'd actually do this that many are never late again.
If they are habitually late this can be a reason for eviction in itself. There should be substantial late penalties included as a clause in the lease. It should HURT to pay late. |
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