Renting Real Estate Questions and Answers

Does anyone know how to find out who owns a property which is derelict - there's one i want to buy!?




Answers: Have you tried the Land Registry? This is usually a good and reliable source of info on who owns what piece of land.

Land Registry : We guarantee the title to registered land in ...Land Registry is the government department responsible to the Lord Chancellor. It is responsible for keeping and maintaining the Land Register of England ...
http://www.landreg.gov.uk/

The Land Registry applies to England and possibly Wales but not to Scotland or Ulster.

Not sure exactly how you go about making an enquiry, but there is a fee per search involved, not sure how much.

The ownership of land startes to become complicated when it concerns the English aristrocacy, many of whom trace their ancestory back a mere 1,000 to about 1066. Much of the land which they claim to own was probably stolen. We just don't know and there are vast acres of land in England which are not registered.

There was talk of the Brown UK.gov doing something about that. My guess is that even their best lawyers got lost in the maze of dates and times and wars and God alone knows what else besides.
Go to the county courthouse with a street address and they can look up the ownership information. Tax Assessor's office...

If you don't have an address, get the addresses of the properties on either side of it, and they should be able to help you figure out which lot it is.
Go to the county assessors Web site and look up the address. It will tell you who owns the property.

If you don't know which site to go to, you can go here:

http://www.naco.org/Template.cfm?Section...

to look up the county information.
In the US, contact the county tax office, give them the address and they can tell you who owns it.

What are the most other overpriced properties you've see?

I've seen

a derelict house for 60 000
a mobile home for 100 000


Answers: 1949 2brm for 1.6MM
Pretty much anything surrounded by California. Seriously.

But in my own nouns of the woods I took a tour of a house that

#1: had a bathroom used to cook meth (there have been a small explosion and 2 of the walls be not really there)
#2: had wet pouring through a massive crack in the roof onto a working power outlet
#3: Something evil floating surrounded by the upstairs toilet
#4: Every window broken and boarded
#5: used condoms, needles and porn adjectives over the floor in every room
#6: The hot hose heater have been ripped out and from what I could bring up to date had be used as a mechanical bull
#7: The entire vault was not lone flooded to the top of the stairs... the water have frozen solid causing untold structural reduce to rubble...
#8: In one of the most violent neighborhoods contained by Chicago...

Priced To Sell! An Unbeatable Steal for only $290,000.
Have you ever be to the San Francisco area? Around here, a one bedroom fixer upper can provide for $500,000 or more. I know, it's hard to believe, but it's true.

And my two bedroom apartment (I can't afford a house here!) rents for $1,150 per month.

I'd be glad to buy the derelict house for $60,000, if it included the domain, and could be repaired. Here, the vacant lot would get rid of for a lot more than that!
Any property within California.

It's the only place I know of where on earth you can pay $800K for a 1200 sq ft shack.

I would to some extent live on the East Coast with my 4 season in a 4,000 sq ft home that I own, will in fact pay sour, and that the home doesn't own me.

How long does a bankruptcy delay the foreclosure process?




Answers: A bankruptcy will delay the foreclosure process forever, theoretically. There are really only a few ways to take the property out of the Chapter 13 bankruptcy.

But a bankruptcy is designed to give you time under the law to reorganize your debts and pay back the amounts you are behind. If you make it through the entire payment plan with the bankruptcy, then you will be caught up on your mortgage. The foreclosure will be completely done, since a bank can not foreclose on a house where the loan is not in default.

If you miss a payment, though, the case will be dismissed, and the bank can start the foreclosure process up again from the day you filed the bankruptcy. They'll try to sell the house and add all those other late payments to your credit report, and increase their payoff again, etc.

Also, if you voluntarily decide to dismiss the bankruptcy, because you've found someone to refinance the loan or a buyer to purchase your home, the foreclosure process can start up again. Of course, if you tell the bank that you are working on a solution, they'll probably give you some time to close on the deal.

If you make all the payments during bankruptcy, though, it is designed to end the foreclosure entirely. But it will not delay the foreclosure if you start missing payments on the reorganization plan.

Good luck.
ForeclosureFish
Depends. In a Chapter 7 maybe 2 weeks because that is about how long it will take for them to lift the stay. With a chapter 13 indefinitely if you make the payments religiously.

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