 Can I ask a realtor to hold a house for 6 months with some kind of legal agreement? |
| We would like to buy a house but will not have enough money for a down payment until 6 months from now. So can I ask the realtor to not sell the house for that time period?... |
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 What happens if my loan amount is more than my house is worth today cuz of the housing market? |
| Three years ago, we refinanced our house, got into a 3 year ARM, didn't know anything about refinancing so I did that, thinking that was the best thing to do. It was worth $182,000, the loan was ... |
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 My rented house flooded, my basement was packed with stuff, who has to pay to get all damaged stuff out of? |
I currently rent a house. This morning I went down stairs to switch over my laundry and to my supprise there was a foot of water in the basement.
When it rains I always seem to get a ... |
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 Should I get an interest only 30 year fix mortgage? |
I'm considering an interest only 30 year fix mortgage but I'm still a bit confused.
After the 10 years, will the interest rate be changed to the rate at that time, or will it ... |
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 Typical Water Bill? |
| I am moving into a 708sq.ft. 1 bedroom apartment in Irving, TX. It has a dishwasher and I'll have my own washer & dryer. I have my own water heater so I'll only be billed for my ... |
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 Can landlord change locks before we get our stuff out? We still have another week.? |
| She says that she has to let us in now, when we were suppose to have until the end of the month. T... |
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 The house i'm renting was sold out from under me, what exactly can i do? |
| i'm extremely upset. The duplex that i have been living in for 3 years was sold out from under me. we just re-signed a lease with our landlord in December and in March, a lady (who our ... |
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 Lender wants to pay me 5% to refinance my loan? |
I just purchased my first home a little over 1 month ago. I have a score of 740ish and received a fixed rate of 6.38% for 30yrs. It was a 100% loan in the amount of 150k.
Today I received a ... |
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 Selling my home, how do i get the tenants out gave them notice but wont leave cause they have no where to go? |
| i own a home and im now selling it. i have three days before escrow closes, and i have to turn in the house and the current tenants in the house wont leave. i gave them a two months notice. but they ... |
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 Does anyone else get frustrated not OWNING a house? |
| I am so SICK of renting, but I have no money saved up, tons of school loans, just screwed up my credit (4 months of bad luck = a DESTROYED credit report/score), so I doubt I will ever have my own ... |
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 My house is in foreclosure, what legally can I do if I dont have the money to pay up front? |
| I have a sale date of june 5 the loan company is giving me the run around back and forth about a loan modification but never can give me figures. I am trying to keep my home and re-establish my ... |
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 Should I Stay or Should I Go? |
| I currently have an offer for a modification of my home loan with Wachovia. The payment is literally cut in half which is very nice and I can finally afford to keep my home. But I’m now thinking ... |
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 I have a landlord that harasses me about rent before it is due and keeps going into my basemant when im away? |
| he will call me on sundays asking for rent when it is not due will not show me copys of the light bill i have to payy to him when i ask he goes in my house with out my consent and is always hateful ... |
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 How easy is it to become a realtor? |
is the test to get a license hard?
Is the carreer outlook good or are there too many realtors already?... |
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 House is repossessed & bank auctions 2 recover debt+fees, & there is $ left over frm sale, do you get it back? |
Please help me settle a debate. Here is the scenario:
Say you buy a house for $100,000 and get into a 30 year mortgage with a bank. Over the years, you manage to pay off 70% of the ... |
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 I have a problem with my landlord-involving mold-rent etc. PLEASE HELP!!? |
| We just moved into this condo a little over a month ago- 2 weeks ago I was putting things away and found mold. I also determined that the pure filth that I had been cleaning was also mold after ... |
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jenhuggie | Should i sell my home? |
i've only had my house for nine months my sister and my boyfriends best friend moved in with us(me and my boyfriend). we got a house with extra bed rooms because my sister and the friend told us they would stay for a couple years. they wanted to help because we just had a baby in april. my boyfriends friend left in july with 2 weeks notice an didn't give us any rent money for the previous month. now my sister's leaveing(she didn't tell me i found out from my mom) and she has not given us rent for this month. we charge 475.00 per month is that too much.i work 4 jobs right now because i can't get enough hours at one or two my boyfriend works full time and goes to school. can i sell my house this soon after i bought it and get enough to pay it off? i need help please |
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jeepdrivr
 |
It will really depend on the market in your neighborhood, but generally, the answer will be no. Your house probably hasn't appreciated enough already to cover the realtors fees and closing costs that you would incur by selling. That will more than likely erode any profit you've seen thus far. Additionally, there are potential federal income tax implications for selling if you haven't been in the house for at least two years. Also, by selling you're losing a hefty tax deduction. Since you've only been in your house for 9 months, you haven't seen what that's like yet. Consult your realtor and a tax advisor before making any moves.
My advice (for what its worth) would be to find other people to rent rent those rooms to and stay where you are. You've made a very wise investment by purchasing a home. You should hold onto it. |
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Phoenix, Wise Guru
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If you haven't made any improvements and the housing market isn't outstanding in your area, you are unlikely to make a profit off the sale, but will probably make enough to pay it off and pay your closing costs.
You should have signed a lease with the friends or not purchased a home beyond your means. |
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daniel r
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you need to talk to a local realtor. have them do a market evaluation to see if you can get enough to pay it off. |
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Queen B
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its very doubtful you have enough equity built up to make money selling the home. you may however be able to break even if you can get more for the house than you paid. call a realtor and see what they can do for you and what they think you could get for the house |
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besthusbandever
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buying and selling homes is very expensive, lots of money involved in closing costs, even if you are the seller you still have to pay some closing costs. instead of selling kick out the bums that are not paying rent, and if you still don't make enough money to pay for the house, advertise for someone to live there and charge them rent..this is easier than trying to sell your house.
no one lives for free.......... |
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sarahglian
 |
You might actually want to take a look at refinancing and doing debit consolledation it will do alot for you and can possibly sayve you 1000's .
If you want more information my email is sarahglian@yahoo.com. I am a direct lender for Fannie Me, and I can help you look at it. But you have to do what is best for your situation. |
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firedncer80
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You definitely need to speak to a Realtor. You might be able to make enough on the sale to sell and payoff your mortgage. There are options, and a Realtor will be able to identify all of them for you. If you live in or around St. Louis, MO, I would be more than happy to help. |
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Openthathouse.com
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As many members here have stated get a market analysis from your local REALTOR. He/She can do a neighborhood comparison and tell you whether its worth to sell or not. Ask for a net sheet which will tell your overall walk away from your current home. Some markets are still doing well despite what the media state's so you might have some great equity built up in the home to get out it you need to.
Also look at local colleges or put a post for some roommates. Might be a hassle right now but stress over going into foreclosure suxs. Maybe talk to a loan officer about your option's if you dont have a prepayment penalty.
Good luck! |
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sexytrojan
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you won't get the amount that you paid for it, since it depreciated. |
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