 Does anyone know how a "REVERSE MORTGAGE works? |
My mohter in law wants to take out a reverse mortgage on their house. They own it free and clear and they are both retired. They want the money to travel, vacation etc.
someone told me ... |
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 Bad idea or good idea to establish personal contact with people I sold my house to? |
| The sale was handled through real estate agents...all by the book. It was an "as is" sale and I disclosed all known structural defects and flaws. The buyers sent me a nice, biographical ... |
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 Is now a good time to buy a house or should i wait a little more? |
| Hi, i live on San Francisco and we are trying to find a house around Oakland or Richmond, but we have a lot of people going on different direction, our realtor of course said the better than now we ... |
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 What if you are trying to get a loan, but you don't have none of your old income tax returns? |
| because In recent years I was not planning on buying a house, but just up and decided to purchase a home, what or how can I prove that I have been working steadily for ... |
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 Why are builders building all of these expensive houses people can't afford? |
| I live in a typical middle class town, however, for the past few years builders have been building all of these expensive, massive, monster homes that nobody can afford. Despite, the bid price tag, ... |
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 We are thinking of buying a home? |
| We still need to get pre qualified first. My question is, would it be better to wait and get pre qualified after we are married or is it not going to make much of a difference. Because if it ... |
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 My landlord has sent me a bill for heat we never asked him to supply in our rented home? |
| Suddenly this winter the kerosene guys delivered and filled our tank without us calling. At first we thought it was an accident becuase they left no bill. It happened a few more times and we then ... |
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 Real estate question? |
| for example, if i was going to rent a house out to someone. where do i get the lease agreement from, and who do I consult if i want to add certain clauses.... |
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 What is a reverse mortgage........? |
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What if the house is paid off.............. |
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 Do I need homeowners insurance on a home i only plan to own for 2 months? |
| Im buying the home with cash and flipping it within about 2 months. So would i need homeowners at all? Policies usually are for one year i thought.... |
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 What's better fixed or adjustable mortgage? |
can adjustable become fixed later?
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Thanks everyone !! :) :)... |
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 What is the housing market going to do? What is the best time to buy a home? |
We are looking to buy a new home (primary residence), but are anxious given the state of the housing market these days.
There is a house we are particularly interested in, but it is a ... |
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 Do I have to pay an appraisal fee to Mortagae Co. even if I didn't purchase the house? |
| I was buying this house and left a check deposit of $1,000 to my real estate agent. We opened escrow and had the house inspected for pest. The report came back and I wasn't happy with the ... |
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s e | What happens if you have a baby and it causes you to have too many occupants in your apartment? |
We live in a one bedroom apartment with our one year old and will be having another baby soon. We are only allowed 3 people in our apartment- I didn't see anything in the lease about a situation like this- what usually happens?
Additional Details
We WANT to move- as soon as possible- the space thing is driving us crazy- but I'm not sure how to go about it- if they want us to transfer to a larger apartment in our complex it is too expensive, so that would be a problem.. but there are plenty of other larger apartments we could move to. Also, our baby isn't due until April but they've already had to stop my contractions once.... we suspect he will be born soon! But moving RIGHT after he is born would be crazy- but moving NOW would work. |
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botygy
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Sounds like one or the lot of you have to move. |
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ticketoride04
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S E, spend your time seeking other accommodations in the early stages of your pregnancy, and if you can move b4, move.
A LL can not force you to move because you have children and/or get married, but they can stop you from moving in if you have to many people to suit the dwelling.
If your on a month to month, give notice and mention to the LL in a face to face conversation that your delivery is in April and you will try to get out soon as you can.
Further, if you are on a lease, you may want to see how the lease co-insides with the birth, so if the LL bocks with the move because of the occupant impact, mention that if he has another apt with adequate accommodations and similar prices, you'll move forthwith.
I move my longtime tenants all the time and consider their needs in addition to mine and override my leases to accommodate a birth or marriage. |
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acermill
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You should really start looking for other living accommodations, not relating to what your lease says. Two adults and TWO little children in a one-bedroom is simply not practical, even if your lease allows same. You will find yourselves literally tripping over each other in short order.
Good luck ! |
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Holiday
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I am not sure where you live, but here in CA, the occupant standard is 2 per bedroom plus one. Anything less then that and the landlord cant say/do anything about it. It could be similar to your state. |
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tmcblue
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i guess you could ask your landlord but since your kids are little it may not matter. |
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Reiki Chick
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That's a tough one. Having a little one and another on the way makes for a very busy life, so I can see how you wouldn't want to move.
However, its important for you to know that there are laws and regulations that will require you to move aside from having more people than your lease allows.
For example, in most states, children must have their own bedroom seperate from their parents. (this includes children who only live their part-time. Eg every other weekend)
In some states, children can share a bedroom if they are of the same sex. -eg 2 boys or 2 girls. However, often times if its a boy and a girl, they can only share until the youngest turns 1 year old and then they need their own seperate bedrooms.
I would recommend that you contact Family services to find out what the laws are in your state. You can make an anonymous call if you don't want them to know who you are.
I hope that helps.
:) |
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annazzz1966
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I know if you're in a rent controlled situation like HUD housing, they will force you to move to a bigger apartment, or at least put you on the waiting list for one.
If you're holding a private lease, when it renews, you may be asked to move if your neighbors don't complain about the noise first which could get the attention of your landlord and your over the limit occupancy situation immediately. |
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Silly World
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Does the lease have a number?
If so you are obliged to move |
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Expert Realtor
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It's usually not on the lease, but it's state law.
If it's state law, it need not appear in the lease, but a good landlord will point these things out to you if they know you already have one child.
That prevents parents from stockpiling children into too close of quarters b/c that creates a health hazard and a poor environment for children to live in.
I understand not everyone has the money for a 2-bedroom, but 4-people living in a 1-bedroom apartment is too many.
The apartment complex can legally ask you to move, but they cannot charge you a penalty for breaking the lease because you had a baby, and it would violate housing code to allow you to stay there....if you cannot afford their 2-bedroom rate and needed to move someplace different to find something affordable.
UPDATE: Your landlord doesn't have to accomodate a baby that isn't here yet....I know that sounds absurd, but that is the way the law works.
Keep in mind that you will get SIGNIFICANT notice to move...it's not like you are going to have the baby on a Monday and they are going to make you move the next day.
Please don't stress over this! |
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