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 Why doesn't real estate just sell for the asking price instead of having to go thru all the paper work...?
Wouldn't it be easier to just put a price on it and sell it for that price? We don't go thru all of that when purchasing cars or anything else. Where did this practice start?...


 "Forgiving" Mortgage defaults?
From what I understand, a couple of years ago, people were buying houses, paying their mortgages, everything was "fine"...

Now suddenly we have this mortgage crisis-thing. Why ...


 Security Deposit Being Withheld.?
I moved out May 31st, 2006. I paid a security deposit of $350 plus another cat deposit of $200. I paid with cashier's checks most of the summer and that is how I paid for my pet deposit. So ...


 How do you get released from a real estate sales contract?
...


 How can a landlord who requested you don't smoke in house/apartment tell that you have been smoking?
Is there a way they can tell?
Additional Details
I'm not really referring to cigarette smoke, more like marijuana smoke....


 Mydaughter is renting from a private landlord. Rights Please?
Her roof is leaking, doors to downstairs rooms all off, No floor coverings, broken front window, previous tenants (he had multi occupancy, no fire regs observed) and previous 9 tenants mattresses and ...


 Are there any programs to financially help first time homebuyers with bad credit?
i am looking to buy a home. i work full time and except for a jaded financial past, i am trying to get things straight. is there any help?...


 Why do new houses have so few windows?
There is a great deal of construction, of brand new homes, in my city. It doesn't matter what contractor is building them, or what part of town they are in, they all have one thing in common:
...


 As a Realtor what is the best way I could win your business?
There are so many realtors and being recently divorced I am in need of more business. How could i do this without becoming a annoying 'salesperson"?...


 How many days can a tenant stay in an apartment without paying rent in new jersey?
...


 My boiler broke down and my landlord won't fix it?
it has been broke down for over a month now i have no central heating, and no hot water,and 2 small children in the house. what can i do about it?...


 Question about banks and mortgages?
If my credit union collapses, what would happen to my mortgage? Who would take over it, the federal government?, another bank?
Additional Details
so what your saying is I'd have to ...


 How much does a condo unit cost in California???...?
at least in a safe and healthy community..thanks..I was wondering if I can afford to move out...
Additional Details
I would want to live somewhere near the beach..but i'm also ...


 How do I find a good relator?
I am getting ready to sell my house and I don't know where to begin as far as selecting a relator. Are there any criteria I should look for when selecting a relator?...


 Mice in flat?
There is a girl at work, who says she has mice in her flat, is that anything to do with cleanliness? She is on the top floor.

Plus she has threatened to call the environmental health on ...


 Question about Interest only mortgage.?
There some lenders that offer a fixed rate mortgage that only requires the interest payment for, lets say, first 10 years of the loan. Now, with this type of loan, does the borrower have the option ...


 Is this the right time to buy a house? Should I wait some more?
I have some money to invest in it. Some folks say "yes" some are on the other side. I want to buy a property in South Florida and make it my primary residence....


 I am selling my home in California on my own, no realtor. What forms do I need to have the buyer sign?
The buyer also is not using a realtor. What forms do we need? What is the process?...


 Why are fixed mortgage rates and adjustable rates different?
I just saw that a 30 year fixed mortgage is 6.07% and a 5/1 ARM is 5.91%. What are the reasons why these rates differ by nearly .2%?...


 I am purchasing a property and my buying broker wants to charge administrative fee of $400? Is this common?

Additional Details
its a 250K condo and he wants to charge an admin fee and says it happens in every borkerage firm. on top of that, he gets to split the commission with the selling ...



janell b
What rights do I have if I am 5 months into my home lease and now the owner wants to sell?
The owner of my rental home (through an agency) called me yesterday and told me he is selling our house. We are only 5 months into our year long lease. What rights do we have, if any?
                     
 




LoneStar
You will have the right to possession through the end of your term. The buyer takes subject to your lease. You should have the lease recorded at the courthouse; that will put the buyer on notice and probably kill the deal.


Ivanhoe Fats
Rating
you have a contract for a year - he would be in breach of contract of he tries to end the contract early


Holly A
Rating
There are no rights in America


Dr Dee
read the contract. If it does not mention pre-mature lease termination is allowed, owner should pay you rent for the remaining part of your lease.


JAMMco
Read the lease and see if he has any exclusions in it about the sale of the home. If he does, your S.O.L. if he doesn't you may have to take legal action to postpone the sale until you find another place to live or until your lease is up.

Be warned that if you do press the lease issue, he may make the rest of your lease time a living he**. See if you can arrange a month to find other living arrangements. He can negotiate that with the buyer because he can set when they take occupancy.


bostonianinmo
You have the right to remain in your home at least through the expiration of your lease. The sale of the property has no affect on your lease at all. The new owner is bound by its terms.


thetoothfairyiscreepy
you should consult with an attorney regarding your state's laws.

typically, even if the home is sold, they have to honor your lease thru the end date!

hope this helps!


thunder2sys
None really, you are renting. Check your lease should spell out whether the owner has the right to sell and thereby terminating the lease.


unhappyinin
Rating
you should be able to stay the year unless there is a clause in the lease that states anything about them selling other wise the landlord might be able to buy you out of the lease like reimbursing you for the remaining 7 months


tri girl
UNless there is a clause in your lease (which you need to re-read carefully) you have the right to the property until the end of your lease term. The owner will be able to sell the property, but you will be able to continue to live their under your lease, you will just have a new landlord.


sarge927
Go back and review your lease agreement. Unless there is a provision in the lease that allows the owner to terminate the lease early because he or she is selling the home, then you are within your legal right to remain in the house until the term of the lease expires. If there is a provision in the lease that allows the owner to terminate early for that reason, the lease also has to specify the amount of advance notice he or she has to give you. That time period varies from state to state. When I lived in Alabama, they were required by law to give you 60 days' notice.


Christine
Rating
Before you do anything, ask your owner if the property will be used by the new buyer as a rental or if they plan on using the property themselves. It may be something as simple as trasferring the lease to the new owner.

If they don't know, see if you can approach the realtor and ask the same question. This will make all the difference if you need to take some form of legal action or not.

Good luck :)


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