How do you determine if you paid too much for a house? |
| We recently closed on a new home in Texas. The asking price of the home was $143,990, but as an incentive (per the builder) they decreased the price to $137,990. That's what we purchased the ... |
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Me and my fiance are looking to buy our first home, how much should we pay for our home? |
Together we make $80,000 a year. What is the percentage that should go toward monthly mortgage. With no money down.
T... |
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Is there anyway that I can get a mortgage with no downpayment? |
| I have great credit, but it is new.. Bought car in August, 2 credit cards, and make about $30,000/year. I only need at the max $75,000. I have no money for downpayment, but can sustain a mortgage.... |
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Can a landlord take your personal property for back rent? |
| I am 1 month behind on my rent and my landlord left me a message saying that if I don't have the money by September 10th he is going to come in and take all my furniture and TV and what not. And ... |
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Gave deposit, didnt sign a contract, never moved in just changed my mind 1 day after can I get deposit back? |
| I gave the deposit for an apartament without signing contrat, next day i changed my mind, and dont want to move in and they wont give me the deposit back.... |
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I am looking to buy a home. I just recently filed bankrp. I am a mother of three kids and my budget is small |
| What programs are out there to help a mother of 3. We are living in a small apt at the moment and we need something bigger. I hear about all these programs out there but, its all confusing to me. I... |
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Buying an apartment or flat? Is it a good investment and will i find it difficult to sell? |
| I'm considering buying an apartment or flat but i've heard that they can be harder to sell than houses. Is this true? Does having other homes in the same apartment building as yours cause ... |
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Is it true that you can get evicted if you mess with the smoke alarm in your apartment? |
| A couple of weeks ago, I was baking chicken, & the alarm went off. My next door neighbors came in & took it off. I asked, "Wouldn't I get evicted for this?" & they said, &... |
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I would like to know every ones opinion on was going to take place with the real estate market over the next? |
| i would like to know every ones opinion on was going to take place with the real estate market over the next few years , im think of buying a 200,000 townhouse in brownard county plantation south ... |
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I got a rental termination notice,After the Landlord was Fined by the code enforcement,What can I do? |
| The Place I live in had a city inspection. And was given a fix it ticket -35days this time has pasted,and was mailed a termination notice, with no reason at all, I have lived here for 15 yrs. I don... |
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Landlord problems, PLZ help!!!? |
| The basement has been flooded with sewage for weeks. the fridge has never worked. we have to eat out or take out for most meals. the furnace does not turn on. the roof has leaked since we moved in - ... |
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Can I get housing benefit? I work f/t partner cannot work cause of illness. We have 2 children under 18? |
| My partner gets incapacity benefit and dla care (high) & dla mobility (low). We get wt credits £54 a week.... |
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What are Northern Rock doing?!? |
| I have my mortgage with Northern rock. We've just switched onto their variable rate as our two year fixed deal ran out in January. We are paying a lot more in interest than we could get ... |
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WHEN YOU ARE A RENTER AND GIVE YOUR NOTICE AND MOVE, WHEN YOU GET YOUR SECURITY DEPOSIT BACK...? |
ARE YOU ENTITLED TO INTEREST? I'VE HEARD THIS FROM MANY PEOPLE, I WAS AT MY OLD PLACE FOR A LITTLE OVER THREE YRS AND AM MEETING W/ THE LANDLORD SATURDAY TO GET MY DEPOSIT BACK. I LIVE IN PA. ... |
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Can my landlord forcefully tell me that a plumber will be coming and nobody is home? dont i have my own ri? |
ghts of renting the damn place? I have valuable belongings and i dont want anyone in their when i am gone. ... |
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Whats worse.. paying Countrywide for 30 years or foreclosing? |
| i bought my house for 350 K in 2006 and its only worth 250K and the mortgage will adjust next year and go up . im paying 2400 a month plus 500 a month thanks to the broward county property taxes. ... |
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Olivia | Who is in the wrong? |
we've been renting this house since Nov.15,06.We pay rent on time every month, have never caused any issues. he house is really poorly constructed,the heat bill in the winter gets up to 400 dollars a month just being set to 65 degrees.The pipes freeze leaving us without water too.I have never complained to the landlord.We are buying a home,and I just got our closing date yesterday which is Nov. 23rd.My lease was up last June, which I guess defaults us to a month to month lease.So I got our closing date yesterday and I emailed the landlord telling him that this is our 30 day notice to move out & we will be out Dec.15 and will be paying on Dec.1st half the month's rent for Dec. We will probably be out before then, I just wanted to make it fair & give him 30 days notice.He emails me back & says that since our lease expired June 1st, that defaults us to a month to month lease and that we are required to give him 30 days notice from the 1st of the mo. leaving us to pay all of Dec. rent??? Additional Details I think it'd be fair for him to give us some leniency as we're not even on a written lease and he knows we have a baby on the way and a 7 mo. old & are on a single income. And it's not like I got to choose our closing date on the house..I don't see why he can't just advertise the house up for rent 2 weeks sooner rather than have us pay the extra 2 weeks that we won't even be there for. technically, we could have moved out & not even told him or paid any of Dec. rent, but I wanted to do what I thought was the right thing but apparently it's not good enough for him.. |
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TheMom
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He is correct. Renters move on the first, he won't be able to rent the house in the middle of the month. Month to month is 1st to 1st.
Your baby and your closing are not his issues, he has to pay a full months mortgage, not just 1/2 because of your choices.
BTW, he is not stupid, he is fully aware that you had to agree on the closing date. It is not as if he has never bought property. The closing date has to be agreed by all parties, it does not happen against your will. |
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satarnag
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unfortunately, he is correct. The 30 day notice to terminate (or even to raise the rent) must be done on the 1st (assuming that's when rent is due).
Just be happy you don't have to deal with this anymore as you become a home owner.
Regards... |
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frankie b
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Yup, he is right, 30 days from the first of the month. You cant expect him to take half a months rent, and have to eat the other half. Does that sound fair?
Regardless of the heating situation, you have been choosing to live there even after you knew the heat was an issue so it cant be that bad.
Another thing is people always want brownie points for paying rent on time. That is what you are supposed to do, it doesn't make you a hero.
Keep in mind if you close Nov 23 your first mortgage payment is not due until Jan 1, leaving you the ability to pay Decembers rent. |
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acermill
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The landlord is, in this case, correct. When you give 'thirty days notice', that means thirty days from any one specific rent due date. Assuming that you pay rent on the first, as most do, you would have needed to notify him by November 1 in order to not be liable for December rent. Had you not given ANY notice, he could have taken you to small claims court for the following month's rent (and he would win his case). |
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Stephanie R
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If you live with a month-to-month tenancy then you can end your tenancy by sending your landlord a WRITTEN NOTICE 30 days before you are planning on moving out. State your intentions to end the tenancy in 30 days, SIGN and DATE the notice. Once 30 days have passed AFTER the landlord has received the notice, the tenancy is officially over.
You can give the landlord notice any time during the rental period, but you must pay full rent during the period covered by the notice. For example, say you have a month-to-month rental agreement, and pay rent on the first day of each month. You could give notice any time during the month (for example, on the tenth). Then, you could leave 30 days later (on the tenth of the following month, or earlier if you chose to). But you would have to pay rent for the first 10 days of the next month whether you stay for those 10 days or move earlier. (Exception: You would not have to pay rent for the entire 10 days if you left earlier, and the landlord rented the unit to another tenant during the 10 days, and the new tenant paid rent for all or part of the 10 day
Here's two articles I found. The second states that the renter must only pay for the first 10 days in the next month. So you would only have to pay for the first 15 days in December as you thought. |
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Classy Granny
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Sorry to say he is correct. You will need to pay all of December. |
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alsballoondepot
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it will depend how the lease is structured - in Texas the lease has two options - from the first and 30 days from the day of the notice - not that I am chosing sides, but two weeks rent is worth paying for him not to wreck your credit which will take a while to rebuild
Check your lease agreement to see if it stipulates exacly how the notice is ie, 30 days from given date and or from the first - you may also want to contact your local realtor association and or ask the realtor that is helping you on your home purchase on the laws in your state - show them a copy of your lease...
Congrads on the new home ! |
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Trouble
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Your landlord is very likely correct.
Very few states allow for the 30 day notice to be given at any time during the month.
The norm is that the notice must include a full rental period.
Don't pay it, the landlord can either deduct it from your security deposit or file in Small Claims court.
As far as you stating, "technically, we could have moved out & not even told him or paid any of Dec. rent".
That is true, however, the landlord would have a slam dunk Small Claims case against you for non-payment of rent.
In many states, a Small Claims judgment can be liened against your new house. |
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sactoking
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It is unclear. We need to know where you live and the exact wording of the carryover provision in your lease. You may owe the full month, you may not.
In either case, if you DO pay the full month, your landlord cannot put someone in the house until Jan.1, even if you're out earlier. You still have leaseholder rights to the property. If you leave on the 15th and they put someone else in the house, you are entitiled to your prorated rent back. |
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