 If i short-sale my house for $200K and i owe $425K on my mortgage do i still have to pay the difference? |
| My mortgage is $325k 1st loan & $107k heloc. Do i still have to pay the difference to my lender? Can they go after me even if i qualify for debt forgiveness?... |
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 When would you start packing? |
| We close on our house in 21 days and I am wondering if we should start packing now. "We" is my husband, my son, my baby daughter and myself. We haven't gotten any boxes or begun ... |
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 I got preapproved for a mortgage but how do I acutally know if I got the loan? |
| I talked to the person and they have all my info..and ran a credit check...all the stuff how do I actually know if I got the loan or not??... |
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 When is the best time to buy a house? |
| I live in Los Angeles and I want to buy a house, but it seems like the house prices are dropping. Is it best to buy a house when the prices are rising or lowering?... |
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 I can no longer afford paying my house, what its going to happend if I just stop making the payments? |
| I always been on time with all my payments and my credit is very good, if I just stop making the paymets on my house, whats going to happend, will I get in trouble? what kind of trouble? or the bank ... |
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 I am looking for someone to make my mortgage payment next month? |
| also...I need someone to help me pay my property tax...man...It's a lot...nearly 6,000...If no one helps me, I would be sad. Please dont make me sad. Christmas is coming and I want to get my ... |
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 Can landlord sue for this even after losing the house to foreclosure? |
| 3.5 years ago i rented a place. after 6 months we broke the lease and moved out due to a broken relationship. I gave the landlord 2 months notice and paid the rent thru the time we lived there. There ... |
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 Landlord didnt fix heater right now keeps asking if we want to buy the house? |
| My landlord is a do it yourselfer and replaced our heaters with 110's on a 220 circuit. It never heats up very well now and I keep telling them I am paying more for electricity but am always ... |
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| Which makes more sense? Splitting rent by people or rooms? |
There will be 3 adults and 2 kids in a 4 bedroom house. Each adult will have a room and the kids will share one. Is it fairer to split the rent by 3 for each person or by 4 for each bedroom?
A... |
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 Housing Bills - whats the average?? |
Will be getting a flat next month - after the rent costs etc etc what is the rough average that everyone spends on BILLS
(electric, gas, water)
I do realise i live in rip off Britain
<... |
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 I have listed a home with a real estate agent in Washington. Can I sell it for sale by owner? |
| I have listed through an agent. But someone has contacted me to sell the property to them and save on commission. Is this possible? Will I have to wait until the listing ends,..to sell it?... |
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 Buying a house and earnest money question? |
| My co-worker just told me that tomorrow she is suppose to close at 10 am but had a walk through today and there were four things not fixed yet that the current owner of the house was suppose to fix. ... |
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 For those of you that are experienced real estate investors.? |
| Is there anything you know now that you wish you knew when you started out. Please share your stories and any advice for a beginner.... |
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 Is going into foreclosure as bad as bankruptcy? |
| We are considering going into foreclosure as a last end resort, however we don't want to kill our credit scores forever, so I wonder can anyone tell me,Is going into foreclosure as bad as ... |
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 What is the best way to find properties in foreclosure? |
Is there an online searchable database?
How do you find the properties that you can buy directly from the bank?
And, when you find something you want, how do you make sure that ... |
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 What does market value exactly mean on a house? |
I want to know what my home is worth. And to get an idea of what it can sell for.
But a website told me what my house is on market value. Is this anywhere close? Becuase to me the price ... |
|
 Mortgage Calculators? |
These always come up with a figure way too low for the house we think we can afford
Anybody know the best way to work out what we can borrow
Obviously go to the bank but we wanted a ... |
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 First time buyer...What are steps in putting in an offer? |
My husband and I found a great little house in Ohio. We want to put in an offer but I'm a little weary of the steps...
I know to put it contingent on a termite and house inspection, ... |
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 Can you use a fax machine to fax real estate contracts? |
About to buy a home. The sellers have moved out of state. Our agen is a duel agant. Can he legally use the fax machine to fax signed agreements? I always thought you needed originals.
A... |
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MARK D | When is a rental lease agreement binding if we sign the lease before the actually date the lease starts? |
My wife and I signed a lease on 25 October 2008 to rent a home to accommodate the LL because they live out of State. The Lease agreement does not start until 1 NOV 2008 as stated on the LEASE. When is the lease binding, the 25 OCT or 1 NOV? |
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Landlord
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The minute you signed it. |
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A D
 |
The lease term begins on Nov. 1st - your lease agreement should state this as the date.
Your obligation to honor the lease agreement is binding the day you sign the lease. |
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reenzz
|
The lease is binding the minute you sign. It does not come into effect until the 1st. |
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acermill
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The lease is binding as soon as it is signed by both parties to the contract. If the lease states that your occupancy starts on Nov. 1, that is when you can take occupancy. |
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estielmo
|
It is binding on the 25th and commenses on the 1st. |
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Gudmundur Sigurdarson
 |
A legal document is valid from the day it is signed and is binding from that point on.
The term of the contract does not start to take effect until the 1st of Nov. Which means that no payments etc. have to be made according to the contract.
If there was a security deposit or anything else involved that you had to pay then that has already become part of the contract.
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9 daughters
 |
I assume you are asking if you can break the lease prior to Nov 1. The answer to that is a resounding No. It was binding the moment you signed it. Put yourself in the landlord's shoes and you can see why the law is specific on this point. Once they have a signed contract they take the property off the market thereby losing the opportunity to put another tenant in by Nov 1. |
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I Buy And Sell Houses
 |
As the others say, it's binding as soon as you sign it. In your case, October 25. The tenancy begins on November 1.
Think of it this way: If you were buying a house, you'd sign an agreement today (which is, as I write, October 31). However, you'd specify a closing date a month or two later...let's say December 15. The agreement would be valid/legal as of October 31 even though the purchase wasn't going to occur until December 15. |
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Daniel B
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nov 1 |
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