When a come to rest lord wishes to buy out my lease, what factor are to be considered so that I am fully compensated ?
My building was not long bought over and now I enjoy a new territory lord who offered to buy out my lease. I am a good tenant and own year and half again until that time my lease is up. How much money can i expect to get and what are the factor that would determine the amount? I don't want to be taken advantage of and want to know my rights so that I can be justly compensated.Answers: How much you carry will depend on where you live, what the manager is going to do with the apartment after you vacate, and how in good health you negotiate. There are many question to ask. I would begin by finding out why the hotelier wants your apartment fund -- is he planning to renovate and re-rent or is he going to co-op?. Based on what others are paying for the same space, what can your apartment be rented for after you vacate, or what will be the asking price if he's going to co-op? Very lightly, try to find out how many other tenant have be asked to give up their apartments. Has everyone be asked, or is it just you. You might want to initiate checking the real estate open market in your nouns -- and you might want to talk to a RE broker and subsequently an attorney to help you draw a contract. If the innkeeper offers you something surrounded by writing you must have it reviewed by a RE attorney. Remember, you are contained by a very righteous position -- you have something he requests...and if you handle it correctly, this might be extremely lucrative for you. That's why it's influential to get as much information as you can -- and specifically find an expert to guide you!
I own no hot hose surrounded by my Philadelphia apartment. What can I do?
I gave my manager $2,025 (first month rent, last month rent, wellbeing deposit) on Jan 3 for an apartment. He said the hot water would be on that light of day. Every day he have a new excuse, today is Jan 8. He's starting to recycle his excuses. Is within anything I can do?Getting my hot water on doesn't appear to be a real priority to him, and a current hot water electric fire is only $315 at Lowes.
Answers: If I'm not mistaken, have hot water is a permissible requirement for landlords to provide, and not optional. Contact your local housing authority to find out. Just resembling heaters, you pay the bill, but the hotelier MUST provide a way to fry your house by LAW.
look for your local landlord law etc. you can report him. local librarys usually have a landord testimonial book.
DONT BUY ONE YOURSELF, ITS NOT YOUR RESPONSIBILITY
Call the Philadelphia Housing Authority to report your landloard at 215-684-4000.
I would first write him a professional letter relating him that if the issue is not resolved, or if there is no attempt to variety good, by a solid date (say next Tuesday?) that he will be reported to the PHA. PHA claims can bear a while, and the threat may scare him adequate.
http://www.pha.phila.gov/
Does any one know if the interest rate usually drops during an election year?
Answers: Interest rate dropping, when overnight Fed rate get cut. There is no connection between Election and Rate.
Rate cut has connection with condition of the economy.
Markets have usually done better in election years. Interest rate cuts usually make the markets do better. Presidents, Vice Presidents running for president etc want to run when the markets are doing well so they can take credit.
But don't use this as an excuse to invest. there are so many other factors, and this year no President or Vice President is running and that has not happened for a long time.
If you have money to invest (not speculate or gamble) then go ahead, don't rely on these sayings. There is supposed to be a January effect, that is the markets will go up because all the people will invest their year end bonuses, fund their IRAs, and those who sold their losing stocks in December for tax losses will be buying in January. So far january has been a bust. For long term investors that is good - stocks are on sale.