 A subprime borrower preparing for refinance? |
| When I bought my house a year ago I was a subprime borrower. I have a mortgage through Option One a known predatory lender. However I have made all my payments on time and havnt had one problem. In ... |
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 How much rent should this family pay? |
How much rent should this family of 7 pay?
Here's the family:
- A couple in their early 40s
- 4 kids (aged 4 - 13)
- 1 baby (5 months)
They're ... |
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 Want to put in a back up offer on a house that is pending sale now? |
| We found a house that we like, but someone else put an offer on it last week (almost 2 weeks ago) Is it too late for us to put up a back up offer?... |
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 Should i withdraw money from my 401k for closong costs? |
i need to come up with $4500 for closing costs and my only resource is my 401k. is it wise to do this and just deal with the penalties and fees that come along with it?
Additional Details<... |
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 Should I move? |
| I am fed up with the way my landlord talks to me. I am moving. The rent here is cheep. I have a one bedroom for $750/mo- which is cheep in New York. I think she has a screw loose and I dont feel ... |
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 I private rent a house which I have lived in with present landlords for 2.5 years? |
| They have recently issued me with a new type of contract which lists all the things that I am responsible for. This includes keeping the guttering clear! (I did see them prior to receiving the new ... |
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 Can the landlord come in and show your apartment to someone without you being there ? |
Hi there,
I just got a call from my landlord. He said someone is interested in buying the apartment/condo and they will be coming to check it out. I told him sure, I am avaialble after ... |
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 Where do I find people that share same interes with me? |
| How do I know to know people that share the same interes with me. That like to socialize, come to my house, that accept my invitations, that love food, that is willing to share. I have come to the ... |
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 How do I get out of this home before I lose it and buy cheaper one? |
| I just did a so called mortgage modification and payment went up from $2400 to $3100. We were already having trouble, how can we pay more. Can we get out before foreclosure and find someting else? W... |
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 Can a Realtor lower commission because of his error? |
| Here's the deal... we have "sold" our condo and we are closing at the end of the month. The buyers just did an inspection which turned out to be very unannounced- the buyer's ... |
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 Legal Advisers only! !! pLEASE ANSWER VERY IMPORTANT!? |
| Me and my 2 friends leased an apartment together, broke the lease and now owe the company 2,500. Its now preventing myself from leasing my own apartment, and they dont even plan on paying it because ... |
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 Ok im a first time home buyer? |
| here is the deal me and my husband have put a offer on the house for 150,000 when the orginal price is 144,900 we have to beat out 5 people on the deal i will admit all the walls have to be torn down ... |
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 How do I find out who owns a piece of land? |
| In the republic of Ireland. A field next to a house that I am looking at, nobody seems to know who owns it.... |
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 How much monthly income do you have to make to try to get a home loan on a 485000. home? |
| i noticed a forclosure in my area and called on it they said 485000.dolars , i said thanks and hung up discouraged ,and i got to wondering ,what the calculations on that amount would be ,concitering ... |
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 Why is good credit so necessary to buy a home? |
| My husband and I are trying to buy a home. Someone beat us to the offer by a day. However, the single lady has bad credit and needed a co-signer which is her father. But then we found out that dad ... |
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 An unwed live-in couple with a mortgage splits up. How does 1 get his or her name of the mortgage? |
| Both of their names are on the mortgage. But they splitted up without being married. One still has the house and still making regular mortgage payments. The other one that left wants his or her name ... |
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jun k | My tenant wants to break the lease and move out immediately. as a land lord, what should i do? |
she says that her mother has cancer and she has to move to Texas to take care of her. she says that she got fired from her job. there is no money to pay rent next month. |
 |
 
globular
|
I don't believe her I would make her show proof mom is sick.
Sorry. But the airlines, the travel, and any job would too. |
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Marty
 |
a lease is a lease,that is why you have a tenant sign a lease so this won't happen. first of all no return of deposit and if she is leaving the state your are sol. i would attach her belongings in lieu of lost revenue. I really doubt that she is telling the truth,i would guess she has alternative motives,and by saying her mother has cancer, in her eyes makes it alright.
or take the loss. |
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The Cat thinks he's GOD
 |
If what she says is true, let her go! Cancer sucks. Why end up having to file a claim against her for non payment? put an ad in the paper now or notify your management company and get her out of there! If it were MY renters, I'd be having a PARTY. I hate them. I really do. Sorry, but I do.
If your renter is lying? Better to get rid of her anyway. |
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Emily M
 |
well, if she has to move to Texas for her mother, theres not much to do. all I can really say is let her go and get a new tenant as soon as you can so you dont lose out on money. |
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webserver227
 |
Nothing much you can do except find a new tennat right away and also ask the current tenant to pay you $500 bucks to break the lease so as to compenate you. You also tell her if she pay you the fee you won't record her as nad tenant on her credit.
The problem is what if she is really broke and lost her job? Ask her to show you the pink slip that she really lost her job or call her employer to find out if she is telling the truth. If she is telling the truth, maybe as a human being we should give her a break and just let her go to take care of her sick mother.
Life is tough for sure now because we have dumb politicians destroying this great nation. |
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Ellie L
|
suggest they get a job! it is totally irrevelant why they are moving- unless it is stated in the lease. they are liable for the entire lease and you can get a judgement for the full amount of the lease, and then turn it over to a collection agency. they will collect the money owed. collection agencies always catch up with them and you will get paid. |
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Happy New Year
 |
ok saying here if it is true her mother does have cancer it's pretty low and a sick thing for you to be worrying about your rent money.
Let her go and move someone else in and she does not have to show you prof her mother has cancer "medical privacy act" so you just I guess have to take her word. |
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Trouble
 |
Legally, the lease is binding and the tenant is liable for the rent until either the lease expires or a replacement tenant is found. The tenant is also liable for any costs you incur due to her breach of lease, such as advertising costs, etc.
You, as the landlord, have an obligation to mitigate your own damages by attempting to find a replacement tenant ASAP.
Legally, you can sue the tenant for the above mentioned amounts or any amounts due after the security deposit has been depleted.
You can deduct the above mentioned costs from the tenant's security deposit. You cannot just keep the deposit, you must send an accounting of it per Texas state landlord tenant laws.
The reality is that the tenant is moving out of state, which makes serving her for a lawsuit and collecting on the judgment harder. Judgments can be renewed for up to 20 years, so the judgment will be valid for quite some time.
You need to decide how much you are out by just letting her go and deducting from the deposit and if it is worth it to spend money obtaining and chasing after a judgment in order to collect. |
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The real savior of America
|
You have a few choices, you could allow her to break the lease, you could sue her, for the balance of the lease, which may cost you more than the balance itself, or you could allow her to sublet the property. Laws vary from state to state and this is not a legal opinion.
My father had rental property in Pa and that is what I am basing my opinion on.If you sue, you probably won't see any money from her. |
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