 Any predictions on the bay area housing market in the next 10 years? |
Additional Details
Do you think houses will be more expensive in 10 years than now?... |
|
 How do i get these non-paying tenants out? |
| i rented my house through an agent 18months ago.the tenants paid for the whole six months up front and one months deposit.the agents were useless and at the end of the 6 mths i sacked the agents and ... |
|
 I want to sue my Mortgage Broker. What are my chances of finding a lawyer that will represent me and winning? |
| My mortgage broker withheld information that my interest only amount was a teaser rate. After 3 months, went from 2400.00 month to 4100.00. Unreachable. Now in horrible situation, can't ... |
|
 I inherited a house. Should I pay off the mortgage? |
| When I got the house, it had 20 years left to pay off. (It was a 30 year loan.) I have been paying extra money every month for 3 years. (That’s how long I have had it). Every extra penny goes to ... |
|
 Is it legal for my landlord to charge an extra $300 if the rent isn't paid by the 4th of the month? |
| We're entering a new lease agreement and he wants to charge me $300 after the 4th of the month if the rent isn't paid by then....can he legaly do this???... |
|
 If you were a home buyer, how would this statement make you feel or react? What would you do? See details...? |
| Let's pretend you are in the market to buy a 500K home and have been working with a Realtor. After all, why wouldn't you work with a Realtor? They are free for buyers, the seller pays the ... |
|
 Good Morning everyone...Mortgage advice please? |
Me and my partner have een renting for a year and 3months and we would like to buy. we realise that it is a complicated and expensive process but to be honest, i have no idea where to start.
... |
|
 Doesn't sound right....? |
| Quick question, I'd like to move into a rent house, the guy that owns the house is asking for the deposit to hold it, which I thought was no big deal, but he's also asking for the first ... |
|
 How can I protect myself prior to home purchase? |
| Pipes burst in the house I want to buy. I am concerned about mold & rot. My agent is a joke. The seller is also an agent and of course has disclosed nothing as the house looks great. I only ... |
|
 New landlord will not allow me to mail rent, and she expects me to coordinate a time to be home every 1st.? |
| She stated she will stop by on the first of each month; I informed her this was unacceptable and that even trying to schedule a time for her to come each first of the month is too stringent. Am I ... |
|
 When is the right time to buy a house!? |
| I'm looking into buy a house. Or to be more specific.. taking a loan to buy a house. Since the new first home buyers grant is been increased (till July 09) I'm hoping to do it in the next 6 ... |
|
 Landlord worries? |
| I rent my flat through a letting agency, and asked to extend my lease another year. They agreed, and The lease was sent to me last week. Whilst signing my part of the lease, I noticed that my land ... |
|
 Can a landlord be responsible for tenant property damage if he neglects a problem that lead to the damage? |
there was water seeping into my closet from the (i guess) pool pump. I notified management of the problem from day one
it has been exactly a week, and the problem is now being rectified.
<... |
|
 Ripped Off? |
| My Aunt and Uncle just sold their house and are having the feeling they were ripped off. They sold it for $114,000. It was worth $150,000. They left all the appliances including a stainless steel ... |
|
|  |
arelle | What happens when you don't pay your homeowners insurance? |
|
 |
 
johndeere2510
|
You're SCREWED |
|
Kathryn
|
If you have a mortgage on your home, the mortgage holder will be notified that your policy has lapsed and order you to reinstate coverage. If you own the home outright or are renting, then the policy will lapse, and you will no longer be covered in case of fire, theft, etc. |
|
acermill
 |
If your home is damaged or destroyed, you have no coverage, and you are responsible to repair it on your own. If you have a mortgage on the property, most lenders will 'force place' their own insurance to cover the property and add the costs to your mortgage. You don't want to buy insurance that way. The cost is about three times what it would cost you purchased on your own. |
|
Pengy
|
When the mortgage company finds out, and they will be notified by the insurance company, you we be foreclosed on for failure to keep insurance as stated in the purchase contract, or they will provide insurance upping your monthly mortgage, and when they provide it is not cheap |
|
Tim
|
They cancel your insurance and notify your mortgage company. The mortgage company will assign you expensive insurance. You won't pay that either and they will forclose on you.
Shop around and find a better rate if it is too expensive, but pay for the insurance. |
|
mark
 |
If you havent paid your policy renewal the insurance company simply doesnt cover you so any loss will be your problem . You can pay most policy by the month , so if you cant afford to renew for a year , renew it month by month or shop for another company that might be cheaper . |
|
Trouble
|
AcerMill is 100% correct regarding lenders force placing their own insurance to cover the property and add the costs to your mortgage.
The insurance that the lender force places will not cover your personal property - only their interest - the structure. The cost added to the mortgage payment is astronimocal.
My neighbor is currently in foreclosure, due to many reasons, but one of them is that her insurance company dropped her, she failed to obtain another policy. The mortgage company obtained an insurance policy for the property and her monthly payment went up hundreds of dollars. She was struggling before but now there is no way for her to afford the monthly payment any longer. |
|
KathyS
|
The Insurance company contacts the mortgage company. That is not good because now the mortgage companies investment is not protected. The mortgage company will come after you. |
|
linkus86
|
Acermill is correct and I know from my own idiotic experience |
|
godged
 |
If you do not have a mortgage, you are rolling the dice that nothing will happen to your home. If you have a problem (fire, storm damage, tree falls on it, etc.) you will have to pay for the repairs.
If the home is financed, you will receive a notice from your mortgage company that says you will either buy insurance, or they will buy it for you and charge you for it. The rates are ridiculously high, way more than you could find it for. |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
10 | 32 minutes(s) ago
| | | |
10 | 55 minutes(s) ago
| | | |
10 | 1 hour(s) ago
| | | |
10 | 4 hour(s) ago
| | | |
10 | 6 hour(s) ago
| | | |
10 | 10 hour(s) ago
| | | |
10 | 1 day(s) ago
| | | |
10 | 3 day(s) ago
| | | |
10 | 1 week(s) ago
| | | |
10 | 1 month(s) ago
| |
|
Homepage 
Financial
Forum 
Renting & Real Estate 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
