| Property Investment |
| Real estate - Australia? |
I would wait at least another 5 months before buying buddy..........better to hold off just a little longer like the rest of us! ... |
| I have a home purchase situation that I am confused about and was hoping you could give me some clarity.? |
If its 2 seperate parcels, then you can't combine them. You will pay a higher interest rate with the rental property compared to your primary residence!
Good luck ... |
| As a Real Estate Agent? |
Let me get this right, you have a real estate license and are unsure what you can do? How did you get your license?
You can sell personel or investment property, but have to clearly state that ... |
| What happens when one of your houses goes in foreclosure? |
Generally, the other properties will be unaffected as long as your uncle is making the payments.
Some lenders "cross collateralize" mortgages. That means that they lend on one prope... |
| Can i give my house to my sister without doing a purchase/sale transaction? |
you can add you sister to the title. then have her refinance the house through a mortgage company or bank. Once its ready to close she can have you quit claimed off the deal. She has to be added to... |
| Australians - Landlords Cancellation Rights? |
No, the landlord can't cancel a lease because they decide to sell the property. They can sell the property with the tenants in it, or they can buy out the early termination of the lease from ... |
| Mortgage Transfer to another family member or friend.? |
What you're describing is an "assumption". Where your buyer assumes the remaining balance and terms of your existing loan.
Some ARM's allow for this. Almost no fixed-rate p... |
| Can I find out what council rent payments will be before I agree to let to council tenants? |
You can ask whatevert you like.
The council may only pay part of it and then it's upt to the tenant to make up the rest.
I would use a managing agent to deal with the letting as they will ... |
| Real Estate Joint Venture? |
Sure. To be honest, I think even a 90/10 deal is fair as long as both parties agree to it. With these types of agreements, you want to make sure each person that is apart of the agreement understan... |
| How difficult is it to get financing on real estate if you do not have a job, but have a lot in liquid asset? |
You would need part of your assets for a down payment, not all.
If the property is showing a positive cash flow, with tenants, that will be beneficial. You may be able to obtain 75 to 80 % financ... |
| Tax Question for Landlords or Accountants? |
Normally, you cannot add extras to the rent because the rent should be set at what people are willing to pay for a similar apartment elsewhere in the neighborhood. Sometimes, you can charge separa... |
| Letting Properties Go Into Foreclosure? |
Foreclosure doesn't end your liability, It increases it because now you have attorneys fees and other costs that you are still obligated to pay.
And they can get a judgment against you in cou... |
| Will i be approved for a home loan? |
I don't see a problem with that. it actually sounds good ... |
| Why do Realtor not like to bid on HUD homes? |
Sorry my post is so long but buying and selling houses is my day job so I have lots to say!
Yes, realtors get a comission on HUD home sales. However, in my area, the HUD homes we were looking a... |
| Where are the best rental yields in the Thames Valley? |
Couldn't say, contact a few estate agents in the area and have a word with them, they're likely to know the answer or where you can find the answer. ... |
| What are the effects of foreclosure in USA...? |
You need to check with a Florida real estate attorney. Some states like California have a anti deficiency law for home loans which means that they can not come after you if the house does not sel... |
| When will the Tampa area Real Estate market start to improve? |
Probably when the current administration is replaced. I think it's just a matter of confidence that our country is going to head in a better direction.
Hey, lots of us are waiting for the ma... |
| Should rent collected from tenants be part of my income? |
in the US, rental properties go on Schedule E to Form 1040.
This is or will be available online from irs.gov
just read the instructions -- you are taxed on your net book income, not on your n... |
| How good insvestment is log cabins in GA or TN mountains? |
Hi Forest,
I live in western NC and before I got my real estate license, I used to own & manage my own rental near Lake Fontana several years ago. I did pretty well overall - primarily becau... |
| My name on deed and mortgage. Other person is only on deed. How can I get them off deed? |
Attempt to get the other person to sign a "Quit Claim" on the deed/property. ... |
| Mortgage rate quote for LOs and/or Brokers? |
100% LTV (one loan, no MI)
30 Year Fixed
45 day lock
par 8.25
1 pt 7.875
2 pt 7.625
Obviously these are estimates, but provided the above information is accurate, you should be able to get ... |
| Questions regarding foreclosure/bankruptcy? |
Yes they can. If you file for bankruptcy they will take all your assets into consideration, so any remaining properties will not be safe and you may be forced to sell them as well. ... |
| After making an offer, how long does it typically take to hear something back? |
If you worked with an agent there is a clause in your offer agreement that stipulates a time frame that the sellers have to answer by or the offer will become void. Your answer is in the offer term... |
| Protecting assets? |
Everything depends on the wording of the instruments used in the trust.
Question. You are saying that your property is in a trust. The next thing you say is that you are going to foreclose on a... |
| Good Real Estate Deal or no deal? |
Well, first let me tell you that just because the tax value is $63K, does not mean that's the value of it in it's current condition. It could have been assessed before it got into the co... |
| Is negative amortization a good idea to refinance my house? |
In finance, negative amortization, also known as NegAm, is an amortization method in which the borrower pays back less than the full amount of interest owed to the lender each month. The shorted am... |
| To rent or to purchase house? |
There can be many reasons.
1. Location: Some people are required to move from time to time with their work. Why buy a home when you will only be in that town for 12 months or so? What if you do... |
| We are relocating and don't want to sell the house right now.? |
As others have said, don't even think of doing this without a property manager. Some states require absentee landlords to have a local contact so you may not be able to avoid this even if you... |
| What is the benefit and process of combining two mortgages into one loan? |
The only why you could combine your mortgages into one monthly mortgage is if one property is worth enough where you can refinance and take cash out to pay off the second home. If you are having di... |
| Tax help needed. What should we do with this rental? |
dont...cause they will want you to pay the taxes on the money earned from that...just file the mortgage payments on it cause the interest is tax deductible ... |
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