 Is it legal to live in my basement and rent out the house? |
Hi,
I am a single person with a five bedroom house with a partialy finished basement. I was thinking of completing the basement, putting in a bathroom and kitchen. I would then live there and ... |
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 Why would an insurance company tell a client thay had to paint their house and ... Read details please? |
| My BF just bought house. It does need TLC but is basically a good house. He insured it right after he bought it & everything was fine. That was about 4 months ago. Now his insurance company is ... |
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 Is my friend financially "fit" or ready for an apartment, or is he at high risk for eviction? |
| Wow I thought I had it bad, with A$$HOLES like Rob W telling me that I'm "not financially capable" of buying a house...well I have a friend who is being told by people that he is "... |
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 Anybody can suggest me how to talk to the landlord? |
| I found the place that i like but the person who manage the place looks like he does't want to lease the space to me. Because he told me last few month that the place is under negotiating. But ... |
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 How do I keep the purchase price of my house out of public records? |
| I close on a house purchase in about 2 weeks and want to keep the purchase price out of the county records. I know that there is a way to prevent the county from publishing this information in public ... |
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 We lease/optioned a house with significant money down, and they neglected to tell us there is a band next door |
| We have been here a month, the people next door came over after we moved in and had the kids make us a card that they are a musical family and they make noise! Oh do they ever, kids screeching, ... |
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 How in the freegin hell can people ask such insane prices for homes here? |
Ok, I know these prices aren't nearly as bad as other places in the US, but this is not in a city, this is way out in a small town on an island (Whidbey) with not much as far as jobs.
I ... |
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 Just found out my lanlord is in foreclosure what do i do? |
he has been charging me rent and late charges the whole time.
i found out when a for sale sign appeared in the yard yesterday.
after asking him he said he hasn't paid mortgage for five ... |
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 Can I have multiple real estate agents? |
| my place has been on the mkt for 4 months now. I dont know if its just the mkt but my agent has not brought in any prospective buyers yet. Ive had 2 people see the place but only by my efforts. just 2... |
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 Can I get approved to buy a home at a $10.50 an hour salary? |
| Hello, I live in New Orleans as a Receptionist getting paid $10.50 an hour. I have good credit, and I have a car that I currently pay a $400 note on. I'm getting married next year but would like ... |
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 Has anyone ever broke their lease? |
| I have an apartment that I didnt pay a deposit and didnt pay for the first month. I thought I could handle the rent but now I know I cant. My rent is past due, I have no credit history except for my ... |
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 I didn't dispose or move my recliner from my apartment?!! What will happen? |
| Okay, I cleaned everything and the apartment is in decent condition. I moved everything with the exception of a blue recliner. I couldn't move or find someone to take this stupid blue ... |
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 I am being told i have to move ,because the house i have rented sold.but i am on a 12 month lease ,and the le |
| and i still have till july,very confused ,they say we need to move in feb,because the new owners want to move in.What to do?... |
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 I want to move in with my girlfriend. Her landlord wants to raise the rent. Can he? |
| I live in Brooklyn, NY and want to move in with my girlfriend. She told the landlord, and now he wants to increase the rent. Can he do this legally? She has previously signed a 1 year lease.... |
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 Reverse Mortgages are not available to me until I am 62 years old. Is this age discrimination? Why not? |
| Equal protection under the law and other American principles should allow adults of any age to participate in any economic activity. I wonder if this has ever been challenged legally.... |
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 Why isn't anyone talking about the real reason for the home mortgage defaults? |
| Everyone with common sense knows that the reason for so many bad loans being granted in the first place was that banks were forced by the government to give proportional loans to all people, ... |
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 I'm on a month to month lease and the landlord gives me approx. 2 weeks to vacate. Is this legal? ? |
| My landlord gave me a notice on aug 14th to vacate the premises by sept 1st. the notice states that my lease expired on march 31st and will not be renewed. The reason for violation is that I have ... |
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 I'm buying my 1st home,it's built in '53? |
| It has very minor upgrades done on it and I want to know what things should I be aware of ( specially during inspection) or be concerned about? It's in H... |
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 Signed lease states tenant responsible for first $100 of repairs caused by normal wear & tear. Is this legal? |
| Supposedly anything that comes up I am to pay for the First $100 of repairs, or anything under that amount. Is this legal despite the fact I've signed the lease? In a home where fixtures ect are ... |
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Dana S | What is negotiable after a sale price has been agreed upon? |
Both parties have agreed to the inital sale price. A home inspection has occurred. The buyer is now asking for an additional reduction in the price. |
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gennadygorel
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If the inspection uncovered something which the buyer did not know about, then they could try to negotiate to have the condition repaired or to have a price reduction as a result. However, note that the buyer could not back out of the transaction because of minor problems, only a real serious issue could release them from the purchase contract (I would need more info on what is at issue in your case to address it directly).
I had a similar situation with an investment condo I sold. I never lived in the place, so I didn't know there were any problems. The inspection revealed that the AC wasn't blowing cold air. The buyer requested that a new unit be installed. I responded that the place was being sold "as is" and the buyer knew that it had an old AC unit, but in all fairness, I gave him $150 to have the AC serviced. Note that I didn't agree to have it serviced before settlement, because if the service tech told me it had to be replaced the unit I wouldn't want to deal with it. |
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Red
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should have been spelled out in your contract.
on my purchases, sale was contingent upon inspection findings.
i could walk, ask for repair, or compensation to take care of what was found. |
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daniel r
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why are they asking for a reduction? If it is to cover repairs to be made, that is ok. if they are trying to renegotiate because they think they are paying too much, stand firm.. what is your realtor telling you??? |
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MLaw
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Read your contract (better yet, have a lawyer read it). Anything is negotiable until all contingencies & cancellations have been met. After that, nothing is. |
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Matt R
 |
sellers concessions |
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Price is what you pay for value.
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Buyer probably realize they have upper hands. If they already gave you deposit, you probably can be tougher.
Since the market continues to slump, if they don't ask too much, give it to them. |
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tonalc1
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Anything is negotiable until the money is in escrow. |
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FreeMedicalcamps.com
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if the Home inspector find some issues, the Seller has to fix them in some markets they may say no, that is one of the points for negotiation. |
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suggir_bear
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It is a contract and has been signed. However, depending on what was found in the inspection that could change. For instance, if it affects the purpose of the contract - the house. Say the house is falling apart. The contract is void based on the premise that you entered the contract - the house was free of structural damage. But, the inspection revealed untreated termites compromised the structure of the home.
Then, the reduction in price would be to your advantage anyway...
Your real estate agent should be able to work this out for you. If you don't have one it's time to get one!
Also, check your contract. Most have exceptions that say the sale is contigent upon the finding of the inspections. |
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