Advice Topic:
I wanted some clarification before deciding to put my home on the market. My boyfriend and I purchased a home together several years ago. We split up so he signed a quitclaim deed but is obviously still on the loan. If I want to sell my home that I have been making payments on myself for the last 8 years. Does he need to sign anything and would he be entitled to any of the sale money?
I'm starting my search for information on first time home purchase. I would like all the factors in accomplishing this.
Please tell me what I need to pay for taxes if I buy a home for $70,000
You pick up keys and enter home. In the process you find the Air and heat system are debunked and will take 10,000 dollars to replace. Is the seller liabile to replace the unit. paid $500,000 for home
My neighbor is claiming there’s an easement between our properties in the backyard area.
That the HOA said exist between all properties in the subdivision. He also stated that my fence which is 3 ft from my property line suppose to be 5 ft from my property line
How do I get a home out of foreclosure? How long does it take? What are the steps? Do I need an attorney or real estate agent?
Already closed but sellers didn’t sign contract. Only has a date on the signature line. Addendum and amendments that were part of the contract wasn’t given to the lender or signed by the sellers. We signed them but I don’t know what happened after I sent them to the Realtor.
No one caught this error and now I have to sue the sellers for fraud and non disclosure. Agent said it was an executed contract, nothing to worry about? Is she correct?
How to buy a house in California with bad credit? I'm trying to get better credit, but that will take a long time and I want to buy a house now.
If the deed and mortgage are in my name only does my boyfriend have any right to ask me to see financing or any money that has been paid in?
Hi we moved to FL in Aug 2021. He gave me 20k to put down on the house. I put down the other 120k. He’s not on the title or the loan. Does he have the legal right to any proceeds from the sale?
We received our tax assessment and our property value went way up. This also means our taxes went up significantly. Do we have any recourse to fight the increase in property taxes? We live in Illinois.
If I put my house on the market for sale will it stop my property tax auction
The rental property that I'm living in now was sold to a new owner. The new owner wants to kick me out, remodel the unit, and re-rent the unit for a higher price. Is that legal?
What I need is an honest evaluation of the property-for private use & evaluation. NOT public record. Can an assessor give me an honest evaluation, without creating a public record? We will be paying & we do not wish a public record...yet.?
My mother (passed) signed a " Purchase Money Mortgage" with her sister and brother in law. I need to know how to find out the actual payments and how much is still owed?
I want to retain air rights above my property. What does that entail? Single family house in a city neighborhood.
I am buying a condo and the owners would like to stay a few months past closing. Is it true, that unless I'm buying it axs a rental property, I have to take occupancy in 60 days?
My grandson wants to buy a house so I can move in with him and his family. Should he include me in the mortgage for more Income.
How do i go about claiming title/deed to a piece of property?
Is it possible to sell a rental property to a new owner while there are tenants?
I have lived in a home for eight years that has been sold? The real estate company has given me 60 days to pack and move. Are they allowed to come and go into my home at any time they want even if I’m not there.
How much can i be qualified for with 76,000 incom?
2 sisters and a brother would like to purchase either a condo or house to live. The 3 of us are professional people, how do we go about getting the loan to purchase?
interested in transferring or being included in property deed and mortgage
hi my name is Abi, and I am from Wilmington Delaware, my question is..
if I sale my house FSBO and I still owe on this house, can I make profit?
now, keep in mind that I already have a buyer.
also, if I’m selling for $220,000 and I still owe $120,000 what coctel be my profit on a FSBO???
Did forebearance for 18 mos. Now the bank gave me modification which I cannot afford. Looking to sell the house.
I signed a lease agreement in 2018 for the purchase of my mobile home for 10years to pay off .In July 2019 one late payment but it was broken down to 6payments for 6months As of 2022 I was told the agreement was default an know I’m being asked to sign a year lease.2018 I paid 10.000 up front and 805 for almost 4year
I was pre-approved for $475,000 house. But I look at the monthly payment and I'm just not comfortable with it. In my mind, it feels like it's too much. But I'm also wondering if I can afford more than I think. How do I decide if I should spend my full pre-approval amount?
Our financial situation has changed and we're now struggling to make our mortgage payment. We're about 10 years into a 30 year loan. Interest rate is something like 4.7% If we refinance, will that lower our mortage payment?
We have family that want to help us buy our first home. We were pre-approved and the lender said something about financial gifts and kind of seemed like we can't get them?? We're confused on the rules. It would be a big help to have this money towards our downpayment. So, what's the best way for us to receive this money when buying a home?
We're trying to buy our first house. A family member offered to pay for a temporary mortgage buydown. It would be about $17K for the buydown. Are we allowed to have them pay the mortgage buydown? They're not on the mortgage and I know there's weird rules about getting financial gifts and buying a hosue.
What exactaly is right of first refusal? If it was written into a lease does that give them the power to buy the house? What if the owner passed away, do the children have priority to inherit the house? If the children have authority to inherit the house, how does this work?
I don't like that my loan automatically has this forced escrow account. Can't I just pay my property taxes myself? I'd rather I kept all that money myself so that I can get interest on it rather than just put it in the account that my mortgage company has and it sits there.
How do I figure out if I can afford a $500,000 house? I'm pre-approved for that, but I don't know if it's really within my monthly budget. I'll put 20% down. How do I determine a manageable budget based on my income and current expenses?
Are there ways to get a lower interest rate on a mortgage? Or to save money somehow? I've seen posts about this, but I don't know what to do, say, or how to ask the right questions.
My dad unexpectedly passed away. He was behind on his mortgage and all of his bills. Am I expected to come up with the money to pay all of this? I don't have the money to pay for everything he owes. What do I do?
The state wants to buy my house, but I don't want to move. Do I have to sell it to them? I also think I could get more for my house than what the state is offering me. Do I use a real estate agent to negotiate for me? Or do I get a lawyer? It doesn't seem right that they can just take my house and lowball me.
My home insurance went up $300/month. It’s so unexpected and out of my budget. Now I can’t afford my house payments. What are my options? I really don’t want to sell, but am I forced to since I can’t afford this?
I want to purchase a property that was recently in a kitchen fire how do I purchase and get money for rehab ?
House needs remodeling so I can get top dollar or I will lose hundreds of thousands sell as is for 500,000 remodeled its worth close to 1 million
We found a plot of land that we like. We can cover most of the cost, but have about $20K that we need to finance. Instead of going through the bank and a mortgage, we're thinking of simply putting it on a credit card that we'll try to aggressively pay off. There's options for low interest cards for the first year, and that may benefit us. Is this even possible though?
Is a loan from a seller a bad idea? The seller is offering a loan as part of the deal. The interest rate is below what I could get from a bank, but I'm worried about a shady deal.
My community has a POA. Our covenants have no mandatory dues written or listed anywhere in them.
Our POA board interchanges the use of HOA/POA terminology to illicit mandatory dues from property owners selling their homes and land. The POA a few years back hired a property management company who were also real estate agents to manage the financial side of the association. In doing so they were given a set of bylaws stating the association had mandatory dues. These bylaws did not align themselves to our covenants. Anyone not paying those annual dues were told they would have to pay when selling their property at closing. The management company shared this information with all the other realtor groups in the county. Also, informing title companies there was a transfer fee to be paid by seller at time of closing. If the seller refused to pay any " outstanding" fees the sale of property could /would be jeopardized and risked the sale not going through. This situation is illegal, the covenants do not subscribe to mandatory fees of any description in the entirety of the document, and therfore real estate companies have no right to enforce this and should stop demanding this from sellers. How can we stop real-estate agents giving potential buyers false information about mandatory dues and transfer fees, and forcing sellers to pay for fees that are not mandatory?
Is an ARM loan risky? I'm considering taking out an ARM loan at a lower interest rate with the hope of refinancing before the rate increases. Is this a good idea to save money on interest now while the rates are high? Or is it too risky?
Referring to article written by Kelsey Heath, she says: a second home can be converted into primary residence and therefore, would qualify for a primary residence capital gains tax exclusion. To qualify for the exclusion, you must meet both the ownership and use tests. This means you must have owned the home and lived in it as your primary residence for at least two of the five years preceding the sale, but the two years do not need to be consecutive." I currently am in the process of selling my Huntington Beach Ca home. We have owned the home for 5 years now. I am a resident of Utah. In the past 5 years, we have spend between 45-50% of our time at this home here in Huntington Beach, which would mean in the past 5 years we have lived here more than 2 years. Would this not qualify for the reduction of capital gains tax along with the real estate withholding exemption?
I bought a house about a year ago. My interest on the loan is pretty high. How do I know when it's the right time to refinance? I want a lower rate. I'm worried if I jump on the first rate drop that I'll miss out on something better later.