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 Do you see any violation in this situation?
I bought a house last year.Seller was my friend and also a mortgage broker . She wanted to sell her house to me with reasonable price. She also wanted to be a mortgage agent on this loan.
So I ...


 Worse case scenario if I move out 2 months early on a 6 month lease?
...


 Moving into a new house with roommates; how do we decide who gets the bigger master bedroom?
I am about to rent a new house with two of my friends. However, one of the bedrooms in the new house is much larger, has its own full bathroom and a door out to the upper deck. How do we decide who ...


 Where in the USA are the homes the cheapest with one acre of land?
...


 First time home buyer. How much will the bank loan us?
The house is appraised at $90,000. We are approved for it, however, the seller is only asking $85000 for it. I have no idea about mortgages! This is my first one and I'm wondering if we can ...


 Should my rent be less??
I moved into a downstairs duplex studio unit a few months ago. It costs $550.00 a month w/all utilities incl. The first and last months were due in advance. As soon as we moved in our cat got ...


 How can i buy a house with low credit score?
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 How much is your mortgage is left to pay and how old are you?
...


 Reduced Mortgage Payment?
Will a mortgage company reduce your payment for a short period of time (2 years) because of a financial set back....


 What can I do if I suspect my leased home has become abandoned?
I have a contract with a couple, where I have leased my home to them under the agreement they were to obtain fianancing within a certain amount of time. Therefore, they have been making payments, not ...


 Is this mortgage fraud?
There's a builder in my town who offers something called a 'home trade program'. Just like trading cars, they buy your house when you buy theirs. That's not the part in question. T...


 I work in real estate and I'm wondering what the general public is thinking about buying homes right now.?
Is the media scaring all the buyers away?...


 How should we go about refinancing our adjustable rate mortgage for a good fixed rate??
2/28 ARM now, want great fixed rate....


 If I get a new home appraisal to eliminate my PMI, will this in any way affect my property taxes?
...


 How quickly can you refinance?
How quickly after you buy a home should you/can you refinance if you have an 80/20 mortgage? How quickly can you get a home equity loan if you've done a ton of home improvements that have ...


 If you were a landlord and a tennant needed to break a lease 6 months early, what would you do?
Would you hold them to the "letter of the law"? or would you be understanding?
Let's assume that the tenant is trying to find someone to take over the lease but has not been ...


 Anyone have any good ground rules for renting to a friend that has kids?
My husband and I will own the home and she will live with us and pay rent.She has 3 kids and will use 2 bedrooms.What should the upfront rules be and how to handle any issues as they come up?
A...


 Can my land lord automatically warn us that if we put Christmas lights on, she'll raise our rent money?!?
She always tries to find reasons to raise the rent money, but she crossed the line with the warning, that if we put up Christmas lights, or a Christmas Tree w/ Lights, she'll raise the rent!?
...


 Is 8.9% interest on home loan is ok on $158,000 house?
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 When buying a house, should I hire a realtor? How much does this cost? Who pays realtor fees-seller or buyer?
I'm looking to buy a house (1st time homebuyer). I spoke w/ a realtor who said he will help me find a home. When I asked him how much his services will cost me he said "Nothing" and ...



rory50401
What can my landlord do if i break my lease?
My lease says the rent check is to be cashed every Monday (I pay weekly) but the landlord cashed the check on a Friday when the money wasn't in the account, (I get payed Mondays) and it overdrew my account. Can I break my lease without consequences since he did that?
                     
 




Daddy-o
He can sue for the remainder of the lease, plus court costs. Advise: Never give someone a check that you dont have funds for at the time you give it to them!


Janet P
Rating
His waiting a few days would not cause a check to bounce unless you spent more then you had. I don't think you can hold him responsible as you are the one who signed the check and gave it to him. Many Mondays are holidays, there is no way for him to have that in a lease legitimately.


Clown Knows
Probably not. You are likely to loose your deposit.


Scotty Doesnt Know
Rating
No.

Your lease probably does NOT say when the rent check is to be cashed. It probably says when the rent check is DUE to the landlord. If you write the check early, you're implying to him that you have the funds available.

Your lease also probably states that you've agreed to pay rent for a certain period of time. If you break the lease, you can be sued for both posession of the apartment and any rent that is still outstanding under the lease, plus court costs. You'll probably also forfeit your deposit.

Your best bet is to contact your landlord and see if she'll let you OUT of the lease voluntarily.


rogerbondage007
Rating
you cannot break the lease over that. the Landlord must make the bank account right though..IF he does not..keep all records..deduct it from the next months rent. Ask Him nicely IF He is gonna do anything to help you out..OR date the check on the EXact day u want Him to cash it.Don't give it to him early anymore, He is a biscohead


A F
Someone close to you needs to be real with you and tell you, QUIT BEING IRRESPONSIBLE. It's not his responsability that you can't balance your damn check book. I can't stand when stupid people blame these types of problems on other people. You are to blame. Give him cash or a prepaid check if you can't budget your spending.


Holly Golightly
Hmm... you may end up losing more money if you try to break your lease. If your lease clearly states that the rent check is to be cleared on Mondays, talk to your landlord. You can also postdate the check so they can't cash it in until then. You can write him 4 checks all at once with different dates - that way your rent is paid on time and he can't cash those until the written date.


snipit
Rating
why break the lease just tell da dumb *** to cash it on mondays... tell him if he dosent cash it on mondays it will bounce if u beak the lease he wins not only dose he have ur rent but ur deposit too then ur stuck like chuck ...oh yeah even if he dosent cash it on mondays then u should also try not to spend the money that needs to be there ..know ur limmit


just me #1
Rating
i doubt it, it says the check is DUE monday or is to be cashed monday? odd wording. regardless of when he cashed you wrote him that check for that amount and you are the person responsible for it not clearing regardless of when it was cashed. if you write a check the funds should be there to cover it whether it be 1 day or 1 month. its up to you not to spend the money that should have covered the check.


pyelder
No, you probably can't break your lease. At most, and only if the landlord is agreeable, you might be able to deduct the overdraft fee from a future payment. But, I wouldn't count on it.

That whole scenario is somewhat shaky because, it's a little too close for comfort. Even if you get paid Mondays, the deposit might not get posted until Tuesday. In this case, I'm afraid you're out of luck, once you write a check, you've made a legal representation that funds are available. Be careful, in many jurisdictions, its a felony to repeatedly write bad checks.


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