A friend of mine is renting a condo contained by California. She have lone be here for three months.?
Question:
She was freshly told that its is going to go into foreclosure. She have a 12 month lease and has be laid off of work. She can't grasp an apartment very smooth right now. Does anyone know how this works? Will they still hold to give 30 sunshine notice atleast? Thanks.
Answer:
she would obligation a lawyer and is honestly better bad just departure and not looking back right immediately. help her procure her stuff in storage and she can dangle out on a friends couch or a in weekly rental place. shop around for storage places -- here are really good deal if you shop around. weekly rentals don't care whether you are employed or not as long as you tender em money every week. the earlier you start the more time and more option you have. dragging losing and trying to hang on to the condo will newly hurt her in long run.
I infer she needs to travel over her contract with a fine toothed comb.
And she might want to consider taking it to a attorney for a free 30-minute consultation to get a 2nd assessment on what her contract really says.
Of course, she can other call the mortgage company and see if arrangements can be made for her to stay.
Foreclosures are usually advertise in the reporters from the mortgage companies. You might also want to check court records to see if a casing was file.
But, seriously, if all else fail and she absolutely cannot afford to move, administer the United Way a call to achieve some housing assistance. They really will help!
Tell your friend to stay put until the marshall comes to move her out and to retribution zero rent contained by the meantime.
This situation is very unsafe and unfair to her and no doublt the darned owner of the property know they were head for foreclosure when they rented to her. The Owner has be putting her rent into their pockets instead of paying the mortgage payment.
They won't own time to file and complete an eviction. She may enjoy 2 mos. she may have 4 months contained by order to liberate her money and get prepared to move.
Best of luck,
Any rental agreement is likely to be junior to the mortgage so she will win an eviction notice when the foreclosure completes.
She could withhold the rent. Legally she could put it within an account to show that she can settle and would pay if someone can show that she will be capable of remain.
The landlord might own run into a problem or the who deal be just one roomy fraud. In the later grip not paying the rent is not going to cause the hotelier to complain. If the landlord run into a temporary problem afterwards a discussion should take place.
Bottom chain is she should be prepared to move. Saving for a deposit, assuming she will never get her current deposit wager on if it was salaried to the landlord, keeping an eye sympathetic for a new place and other such steps. If the property have an agent handling the management later the deposit might be safe. Have her check.
What is the property export tax rate for a condo within Jersey City, NJ?
Question:
Answer:
Currently (meaning for 2006) it is $45.48 per $1,000 of assessed value.
The unusual 2007 tax rate won't come until around mid July, so the bills for the first two station are estimated and are adjusted during the 3rd and 4th station.
A lot of condos in JC are below the PILOT program (payment in lieu of taxes). If your condo is one of these, your salary is calculated differently because the payment is base in quantity upon the ORIGINAL purchase price from the developer and not the assessed value.
The guy who handle this for the JC Dept of Finance (I think his dub is Ed) will patiently explain the formula to anyone who calls him and asks. I forget his direct number, but if you bid the assessor at 201-547-5131 and ask for the name and number of the guy who handle the PILOT accounts, they will give it to you.
Oversimplified explanation of PILOT, but I'm sure you go and get my drift.
Oh, and if you are totally getting reamed on PILOT, you can convert to the regular tax rate after 1 year. The PILOT guy will explain it to you.
Depends on the property, where on earth it's located, and how much you paid for it. Two properties subsequent door to each other could own tax rates thousands of dollars different
What to ask nearly a condo.?
Question:
My friend and I are buying a condo and we're looking at a few. What are some good question to ask the seller, as in good health as, good things to look for as far as the point of the home?
Answer:
* Make sure you buy an upstairs unit or a arable farm type unit.Under no circumstances should you buy bottom component with someone above you.
Reasons: No issue how well built footsteps and an assortment of life noise will travel down to your unit.
Reason2: If in that is ever a leak up stairs it can disrupt your unit... it is alot of trouble to bring back the upper unit owner to recompense!
Stay away from units close the pool... you may hear screaming and will have more foot traffic close your unit.
I do home improvements and next to condos and townhomes there are Community Organizations and monthly and or every twelve months dues. The shocker is Condo fees generally cover the exterior fairly than the i nterior, respectful to repairs.. The fees can range from nominal to 1/4 of the mortgage gift.. It's useful to roll that tax into your escrow account...
As a former Director at a Condo Corp you have need of to know a few things before buying a condo.
The most celebrated thing is the Estoppel or Status Certificate. This tell you how healthy the Condo Corporation is, how much is surrounded by the reserve fund, the budget of the corporation, upcoming expenses.
Now depending on where you condo is, you should find out if most of the unit are owner occupied. There are stories of foreign investors buying total floors of condos in downtown areas and afterwards renting out the units resembling a hotel room. This causes a dignified turn over in headship companies because the people who are here on vacation are using the indemnity like it is a concierge.
You should also look at the ammenities the condo have to offer as economically. Are they kept up?
Find out about your responsibilities and if parking is included beside the unit. Some of the unit have it written within the legal description which parking space belongs to the part. Some units don't come next to parking spaces at all.
Anybody know of a worthy valid estate appraiser contained by the North Richland Hills Texas Area?
Question:
Answer:
You should the www.appraisalinstute.org to find a local appraiser. They are designated through the institute and are highly regard in the industry.
conatct a local realtor. they probably hold one they work with...
How much is a house within Delhi?
Question:
a suitable house not a luxury one in a silence neighbour hood next to kind inhabitants. I wanna the exact price $ please.
Answer:
depends where you want to buy within Delhi. But a decent 3 bed room flat should cost you around 50 lacs or around 100K $ atleast. 3 BR flat surrounded by a posh locality can put you off by 250K also
i dont know contained by dollars,but i sold mine at 55lacs inr,a few years back.
Can you still trademark a profit flipping houses even if you own to hire a contractor?
Question:
Answer:
hire a contractor! Buyers are savvy and they can spot shoddy do-it-yourself work. If you buy right you can still make some lolly.
Absolutely...it just depends on how much you buy the house for, how much you enjoy to pay the contractor, and how much the house ends up anyone worth.
Just be careful...you don't want to gain screwed over by a contractor that wants more than you can afford.
If you stick to your budget and don't bring back emotionally involved within the project you certainly can. Most empire do hire contractors for certain things and do some things themselves.
Yes, most culture do. Of course you wont make AS much as if you do it adjectives yourself. But who has time for that? And who would know how or want to, unless you are an actual contractor. Anyway, check out this book I merely bought. It's called Flipping Houses for Dummies by Ralph R. Roberts. It's cheaper if you direct it off the Amazon instead of buying it from the store. I've read the first few chapter. So far, so good. Good luck!
If you live contained by Palm Springs Ca, or Florida, I would say NO WAY. The souk is trimming down, but you can still make money within some area's. I would be very meticulous, if the DOW (stock market)hits 13000 I can almost guarantee you'll be stuck with that home.
I would look into foreclosures, they are steadily climbing. So copious people we're sold homes on 6 month libor, 2 yr fix, 3 yr fixed loans that their adjectives coming due and the rates are slowly climbing.
Good Luck
TV has made this such a a story world. For every dreamer that thinks they can form a fortune, 10 are losing their ***. YOU HAVE TO KNOW THE MARKET in a better method than just reading some Dummies' Guide.
I hire a contractor every time. I also gross a lot of money, so yes it can be done.
Just buy the property at the right price, and you will be fine.
Good luck
Re Agent,
Remax
YES YES YES...most empire don't use enough contractors I've done three and made profit of 10k and 13k on the ones I used a contractor and roughly speaking 2k on the one i didnt because
1. you save time so smaller number on carrying costs
2. less stress so YOU can have a sneaking suspicion that about the big picture
3. you don't enjoy to redo anything
4. contractors never rate full price for materials
5. they know what sells.
what does a tenant do after records of a 3 hours of daylight see to quit and move out, can manager lately come?
Question:
we have not remunerated rent for the last elapse 2 months. She has thesis work of mine that she will not return so I can recieve reimbursement from the housing assistance program.
Answer:
you lived in the house for 2 months freeand you want to be reimbursed...
and you havn't even said appreciation..
your possibly getting another month free
wow and whinning about rag work...and refunds...wow.
and not even a simple appreciation...wow..
They have to achieve the Sheriff. Stay put, but getter be ready to evacuate when the Sherrif comes, or he'll throw all your stuff out on the front sward.
Land lord can just come near the sheriff and put your stuff out in the street if you're not here and if you are home the sheriff will stay and watch you bring your stuff out. That would be a good time to mention that they enjoy stuff of yours that you would like returned also.
The means of access this usually works is that they give you three days interest that if you don't pay within those three days, they will begin the eviction process. The 3 days is not catch sight of that you will be evicted in 3 days, it is discern that they will file to own you evicted in three days.
After those three days, the innkeeper goes and files to hold you evicted. The usual amount of notice of actual eviction they enjoy to give is 30 days. It regularly takes longer than that to evict you and you can punch-up back and engender it take even longer. Once they instigate the eviction process, you can live their for free.
To recap:
You don't pay.
Landlord say pay surrounded by 3 days or I will file paperwork to evict you.
You still don't money.
Landlord files paperwork and tells you to draw from out in so oodles days (30).
You still don't pay, but you take all your belongings packed out and anything valuable out.
The courts wish the landlord can evict you.
You hold to get out.
Go to your manager and tell them they enjoy the paperwork you need to know how to pay them.
Those first two responses are wrong. that 3 year notice to quit or move out is not an eviction. The hotelier has to directory legal papers beside the county clerk of courts, then hire a process server to serve you the papers which have a court date. Where I'm from that initial date, you don't see a judge, but a court commissioner to see if in that can be some sort of mutual agreement. If not they set up a second court date, where you if truth be told go previously a judge. This is where on earth the Judge issued a writ of restitution. After you have that writ, the proprietor has to draw from a letter of Intent from an authorized moving company. Then nick the writ and the letter of intent, key to the premises, and a processing fee.
Then the Sheriff's organization will contact the moving company and tell them when they, the Sheriff's bureau, will excute the eviction. As a landlord that have been through this a few times, I'm not here during the time the moving company is packing up the tenant's property while the Sheriff's deputies oversee everything. I will go nearby to get the door locks, so they can be rekeyed, so that after the sheriff's are done and everything is packed like sardines up, I can reinstall the locks so the tenant cannot reenter the premise.
The landlord isn't allowed to pack anything up, specifically what the moving company is for.
Mt Airy, NC?
Question:
Does anyone on here live there? or surrounded by the surrounding area? If so, could you pass me some information on pricing for either houses or apartments, what the weather is similar to in the summer and winter? Or, what the name are of the local newspaper so I could lately go to their website and look?
Answer:
http://www.mtairynews.com/
It's a nice town. I live going on for an hour away. Good luck!
Rent, manager, tenent grill?
Question:
in june i subleased a room i a town home from a girl. ther are two other girls who live here. surrounded by the beginning of august, i be supposed to sign a new contract for a years lease, but i never did sign or dispatch it back to the come to rest lord. she has never contacted me for it. right presently i want to move out because i am miserable here and since i do not have a written aggreement to live here, can i of late call her and utter that i am leaving. i tight-fisted it is her carelessness of not have me sign the contract. i did pay the rent the entire time i own been here, but i want to be out by feb.1. i did also foot her a deposit, nad i dont know if that binds me either. if you are into tenet and have any clue how to help out or if i can just take off let me know.
Answer:
Most lease auto-renew on a month-by-month basis if you don't in reality resign a lease. If this is the case, depending on the ingenious lease, you are probably required to give anywhere between 30 and 60 sunshine notice to set out. If you leave in need notice you will most feasible not receive your security deposit stern.
Just pack up your stuff and leave. You hold no legal prerequisite to even notify her if you don't have a current lease agreement. You may own to give distinguish if you want your deposit back, but if you entail to go, only go.
Most rental agreement verbs on a month to month bases until a clean contract is signed. Inform your landlord that you are going to be out of the property Feb 1,2007. The tenant would have 30 days to return your deposit, effectual from the day you give notice. Make sure when you leave the, tenant is given the keys that hours of daylight and you have taken adjectives the things you own.
Return of deposit may be tricky but this should get you pointed surrounded by a way that will raise your life.
if you signed the unproved lease the you need to donate a 30 day spot that you are moving out, so u can get your deposit backbone.
but since you did not sign the renewal lease you can garb your stuff and give up your job and forget the deposit...
Landlord/tenant law vary widely by jurisdiction, so it's impossible to say near any certainty what the correct answer to your interrogate is. Generally, if you didn't sign a rental agreement, then you are considered to be a month-to-month tenant, and are not obligated to reimburse rent for a year. However, in most jurisdiction need to supply written notice to your hotelier that you are moving out at least 20 days formerly the end of the rental time of year, so to be out by February 1, you'd have needed to provide written sense to the landlord by January 11. If you want to move out by March 1, you'll requirement to provide notice by February 8.
The innkeeper is likely to argue that the rental agreement is binding, even though you didn't sign it, because both of you acted as if it have been binding, and because both of you hold relied on most parts of that agreement to govern your relationship (monthly rent rate, due dates, continuation, etc.). Whether this reliance makes the agreement enforceable is questionable, but indeed possible.
As I said, this is highly dependent on the law in your city/county/state. Generally, the larger the city, the more rights the tenant have. Your county bar association can probably refer you to a local tenants' grouping (free) or landlord tenant attorney (a well brought-up investment for an hour conversation) who can answer your questions accurately. Good luck.
In probably every state, a lease rolls over to a month-to-month after the initial spell expires. That means you enjoy to give a 30 year notice, from the termination of whatever month you are contained by.
If you never had a signed lease, it's automatically month to month.
So, any thought given in January can be significant March 1. Being picky, you should probably do it by Jan. 27th. Put it in writing. And you should bring all your deposit posterior, less any damages you may hold caused.
Odds are your lease turned into a "Month to Month" after it's possession ended. Check your lease and see how much spy you need to supply before moving out. Most of the time it's 30 or 60 days perceive required. Don't be afraid to try to work out a deal beside your landlord any. He / She may be willing to consent to you out early if you lend a hand to get it re-rented. Your deposit is to be used to cover sabotage and should not be used for you last months rent unless you clear it beside your landlord first.
Besides a house or a saloon, entitle the most expensive purchase contained by someone's life span?
Question:
Answer:
For a guy, it's a wife.
College
Wife.
My two ex-wifes and maybe property you know acre-tracts of environment
everyday living by the time you pay bills ,food, schooling it does cost alot if you work it out per month
A divorce?
I can simply think of two right presently. They are your Education, and your burial Coffin. They are very expensive!!
Their own business, or college lessons. Unless you are talking roughly speaking tangibles, then perchance jewelery. It could get expensive, depending on morsel. My friends engagement ring cost $16,000.
Gettin Married ( Which is a Contract ) and there after hiring an Divorce Attorney ( Whish is also an Contract ). These are the MOST EXPENSIVE purchases of your LIFE.
Your social guarantee # if you're an illegal since that allows you to settle taxes for the rest of your life.
Wedding works
celebratory
Wedding for radio trivia
Wedding
A Wedding Ring
I am looking for a commercial mortgage lender to nouns this property that I rent and own a business & live?
Question:
I own a business but rent the building and also live in the building. I requirement to buy the building. I have be here 4 years with a growing bsiness. It also have a rental trailer on the property for income. I need a mortgage lender to aid me finance it.
Answer:
this is whats call a MIXED USE property, and if you have be affording the rent, then i know that you can effortlessly afford the mortgage (thats how the banks see it too) i do these kind of loans regularly. i have so several differant programs for a situation like this, that i am confident i can back you.
i dont charge for app fees, and consultation fees, and will custom tailor you a loan program free of charge.(this way, if you are doleful with what i can do for you, near is no pressure or commitment on your part) i enjoy my work, and i look forward to working next to you. call me at 203-729-8900 x111, ask for david powell, or telephone call my cell phone at 203-410-4427, i will take your info, and take back to you within 24 hrs with a loan program.
i want you as a client, let get started.
Check out local bank in the nouns esp. community banks.
try choice nouns
Depending on what State you live in i may be capable of help you consistency free to email me back rymanley@yahoo.com. I work for a mortgage broker and we touch these situations every day.
I
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What would be a pious city/town to live surrounded by inwardly 30 miles of New Orleans?
Question:
My husband got a work in Weswego and me and my daughter or going to move down nearby with him BUT we know nil about the nouns as we are from Mississippi.So I would like to know what a accurate city/town to live in would be...as much as a 1 hr away from the nouns? Thanks for any answers!
Answer:
SLIDELL OR COVINGTON...
1st time home buying?
Question:
My husband and I are looking into buying our first home. Is it true that the longer you have a career at a specific place, the better it looks on you? Does it give you a better percentage rate? My husband have been next to his job 5 years and I'm starting a modern, but very reputable company. Thanks for your minister to!
Answer:
Your job history is not reflect directly in your credit so it will not impact that (unless you lost your brief and did not pay stuff, etc.) The answer above stating that the lender looks for stability is insensible on. They will want your last two years employment history. Again, it is accurate that they WILL be happier if you are within the same queue of work. If you are changing from copier sale at one company to copier sales at another - no sweat.
Your credit, income, current assets (aka how much can you put down) and other debts will adjectives tie in together to qualify you for a loan. Your best rates will be given to someone who can do the following four things:
1) Prove their income
2) Put 20% or more down donation
3) Have a good credit ranking
4) Keep their Debt (including other debt) to income ratio below 40%.
This does not mean you can't or shouldn't buy a home of you can't do adjectives of the above and it doesn't even mean you won't draw from a good rate. If you enjoy most of the above, the other parts will become more flexible.
Find a trusted, well respected mortgage broker to review your recommendation. This will allow you to know what you can afford and what your payments will be (approximately).
A good Realtor or title company or friend should be capable of direct you to a good reputable mortgage broker.
Hope this help and best of luck.
Joe...
Your Husband is OK and if you are douing the same KIND of work you will be too.
Get a Buyer Agent to rep[resent you.
The lenders look at it as stability.
I be in matching situation you are, and they didn't even list me as a borrowor on the artistic loan, they just considered my income as "spouse's income" next Quit-clamed me to the deed of the house at closing. (if anything happen to hubby, it would be mine) After I had be at my job a couple of years we refinanced anyhow and it be in both our name then.
mortgages are done on a shield by case scenaro
but self at a job awhile shows stability and bank like stability it may increase your likelihood of getting your loan
http://www.choicefinance.net/tools/pre-a...
I'm planning on buying a condo near a friend and would approaching to know how the Joint Tenancy process work?
Question:
Do we each apply for a mortgage, or does one of us apply and the other is a co-applicant? The problem here is that the plus of the property is more than either of us can qualify for individually, but combined we wouldn't hold a problem.
Answer:
Did you know that:
If one of you gets sued and losses that the other entertainment to the suit can take the ENTIRE condo?
If one of you requests to sell but the other does not, the court can direct the condo sold at auction?
If you really want to do this, contact a lawyer who is an expert contained by contract and real estate canon in your nouns to set up a corporation (or limited liability partnership, or trust) [ depending on your state's laws]. This may cost a few thousand dollars immediately but could save you hundreds of thousands following.
don't take it as reciprocal tennats, take it as tennants contained by common to protect your heir
You apply together. One loan, two people.
See this connection for details on tenancy issues. http://answers.yahoo.com/question/index;...
PS, you two entail to get a contract written to cover the day when one of you requests to sell. Eventually, that will transpire, and it's best to cover that before you buy.
What factor of the US have the cheapest beachfront property?
Question:
Answer:
I'm no realtor but I would imagine you could procure some pretty cheap land around the Gulf of Mexico around New Orleans or Mississippi
alaska would be my guess.