 My estate agency will not repair the problems the house im renting? |
please help i am renting a property from an estate agency who promised to fix a few repairs which need doing:
The letter box is broken
The door bell don't work
The tiles in both ... |
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 I live in sc and my boyfriend and i have been living together for 2-1/2 years how do i evict him? |
| I live in sc and my boyfriend and i have been living together for 2-1/2 years, his name is not on the lease my name is the only one on the lease, but the landlords were aware he was living there. How ... |
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 Real Estate Professionals Please - Hypothetical Situation"? |
| I'm selling my home as a FSBO. A prospective buyer calls to make an appointment to see the house. The buyer states that she is also a broker, and although she is looking to buy the house for ... |
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 Does Landlords have the right to come over unannounced at any time? |
Our new landlord comes over any time of the day they want. They had said they would call first, but has only followed through with that one time.
Additional Details
They aren't ... |
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 Buying a house with my boyfriend? |
| My boyfriend and I have been together for over 2.5 years. We both still live at home and I stay at his house everynight. We're very serious about our future together and thinking about buying a ... |
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 We just bought our house, old owners said basement doesnt flood, it does. What can we do? Are they liable some |
| we bought this house because the owners said the basement did not flood, we use at as living space, and now it floods and cannot be used.We just bought it a year ago.... |
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 Can a housing society refuse us a house because we have no local connections? |
| After being told that we had been recommended by the local council to the housing society for a new house we were elated. However after two days later being told that we had it the folowing day we ... |
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 Is my landlord legally permitted to enter my apartment when I am not there? |
| I sent a note with my rent requesting several repairs to be made. I know they need to give me 24 hours notice before entering. I will not be home all day on Wednesday. I was told by the building ... |
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 Rent free living? |
| How can someone, on a low income, live alone without paying rent, or paying a 'peppercorn' rent. How many ways can you think of to do this.Can be basic caravan, shed,tent, or palatial I'... |
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 If a tenant is on a month to month rental agreement, and wants to move out before next months rent,? |
| If a tenant is on a month to month rental agreement, and wants to move out before next months rent is due, can the tenant legally do this without legal repercussion? Is there any law saying there has ... |
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 Why no offers on our house? |
| House has been on the market since Aug in the Chicagoland area. We have dropped the price and have been matching comps. We havent even gotten a low-ball offer. Painting could have been better which ... |
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 What is First and Last when it comes down to renting? |
| I always thought it was the first months rent and a deposit to move in but what is first and last? I am assuming that it means the same thing as first month's rent and deposit, correct?... |
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 How do I sell property, that I own, in a different state than where I live? |
A relative passed away and willed me some property. The details with the deed are being squared away currently. How do I find out how much the property is worth and how would I sell it?
A... |
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 How can my step daughter rent a property if she doesn't have a job? |
| My stepdaughter has been given notice on her rental house because the landlord wants to sell it. When she has been to look at other properties she has been told she must have a job paying at least ... |
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donnamplummery | Would like to buy the property we currently rent privately...? |
We would like to find out about making an offer to our landlord who we currently privately rent a property from. What should we do? What sort of discount would we be entitled to? |
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Barry G
 |
From a private landlord you should expect no discount. Also they are under no obligation to sell, you should expect to pay full market value. |
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M1
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Why would you be entitled to a discount?
If he was willing to sell he's want the best price possible for losing his income for the property. |
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england til i die
 |
you aren'tentitled to a discount. Its his property if anything he will ask more for it cos its a convenience fee, you dont have to pay to move in or anything, otherwise he will put it on the open mkarket and you'd have to compete for it |
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togashiyokuni2001
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If you're currently renting a property and want to buy it, talk to your landlord. However, you will need 12 months of cancelled rent checks for the mortgage to prove that you were never late more than 30 days. After that, it's all in the purchase agreement. |
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JC
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i dont think you would get any discount
best thing to do is go property hunting to find a bargin
as you dont want to throw monwy down the drain renting |
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tattooedgray
 |
We are currently doing the same thing. The plus side for us is that the landlord is a family friend. Unfortunately you are not entitled to a discount, although, the landlord may be willing to slightly lower the price as he / she would not have to pay estate agent fees. although this is not a lot!
Speak with the landlord.
We spoke with a mortgage advisor who suggested having 4 evaluations done, 2 for yourselves and 2 for the landlord in order to come to a mutual discussion in regards to price.
hope this is of some help! |
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jeff k
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No discount, have the property valued, and that would give you a rough idea of what to expect. |
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gtofinancial.tomvoli
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First you need to research the value of the home you are renting. I suggest using this site:
http://www.bankofamerica.com/loansandhomes/index.cfm?template=hc_home_worth
Once you know what it is worth you can structure an offer that makes sense. Discount will depend on the sellers motivation to sell.
Here is some additional info. Hope this helps. |
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alatoruk
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2 questions
1 would you then sell it to me at a discount..... obviously not so why should he sell it to you at a discount
2 would you sell something that was bringing in a monthly income
i would like to buy my house from my landlord aswell, but i am never going to be able to. |
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gvih2g2
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The Thatcher government gave council tenants the right to buy at a discount (giving away assets belonging to the taxpayer in an attempt to grab votes).
Private tenants quite properly don't have such a right. The landlord took all the risk, may even have done considerable work on the property to make it habitable - why should he now sell it to you at a discount?
Make him a fair offer and he might listen. On the other hand, he might not - and that's his right too. Why should you be able to commit him to, for instance, the legal expense of exchanging contracts, or the stamp duty he would incur in buying another place to rent out? |
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Billybean
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You would certainly not be "entitled" to any discount. Your landlord might give you something off of the price as he would avoid paying a real estate agency fee. This of course presupposes that he would want to sell a property which is being used to generate a rental income.
All you have to do, quite simply, is to ask him if he is interested in selling and what price would he want if he were to.
If you are so ill-informed in these matters as to need advice on "finding out about making an offer" and believing that you are "entitled to a discount", then I would suggest that you take some very good advice from family/friends/professionals before going any further as you could otherwise well end up on the wrong end of a very poor deal. |
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Mugs14
 |
First of all look at the local papers and estate agents to see what houses like yours are going for in your street.
Check what these properties have to offer and compare them to yours.
Is your home in a good state of repair, and if not would you be able to do it up yourself or could you afford to pay for this?
Now check how much you could safely afford to pay each month without getting into financial difficulty. If you take my advice you will not borrow any money from friends to help they could need it back when you are low in funds.
Last write to your landlord and point out that you have been a tennant of his/hers for X no of years and that you are thinking of buying your own home. As you are now aware of the property's value it could be lower or higher than the average.Make an offer say 15% lower than market price and try to negotiate from there.
Best of luck
Musg14 |
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