Questions
February 1, 2012, 7:49 pm, in Investment
Got a property rented out through a property mgmt company. Unfortunately, this property mgmt company closed due to issues with the Dept of Real Estate - something to do with embezzlement of funds. That said, I am told I might not get the security deposit back and some of the other deposits (ie. cleaning, pet, etc.). My question is, who is responsible for this? Is it the tenant's loss or am I responsible as the owner to pay this off? That money never got passed on to me as it was between the...
January 27, 2012, 8:22 pm, in Legal
once you buy an apartment can you have the current tenates sign a 6 month lease agreement once you buy the place? and is it...
January 25, 2012, 11:46 am, in Selling
Hi, my sell of my home has turned into a nightmare, we signed a sale agreement on 11-25-11, with adament possession to take place 1-6-12 , we scrambled to find an apartment on the advice of our realtor who assured us this was a done deal , we took an apartment with a 1 year lease and now after many extensions the deal is ready to fall through and we have know idea what we can do. we followed our realtor every step of the way with an approved buyer(a doctor) and now what can we do to get out of...
January 13, 2012, 1:22 pm, in Brokers and Agents
Hello,
My friend is in the Air Force and was forced to relocate to a different state. He was not able to keep his house so he listed it with a real estate company for a short sale. That real estate company was able to find a buyer who was going to lease the property but with the option to buy it within a year. The contract indicated that the tenants (buyers) were to close on or before Sept of 2011 or they will lose their deposit of $3500. well, they could not obtain an approval...
December 17, 2011, 10:10 pm, in Selling
If you are and investor, and are sending a good property to another investor that you
want to work with, and you need to combine funds, Can you send the investor non- specific info on the property, no name, no address, just some generic description, without them signing a Confidentiality agreement first ?
Do you wait for them to say they are very interested and want to really know the name
address ? Is this when you have them sign your
Confidentiality Agreement to protect your deal...
December 13, 2011, 11:57 am, in Brokers and Agents
My current property manager was asked to provide my rental history to another property manager, with my permission. My current lease is up in about 80 days so I am looking for a bigger place. I have to give the current property 60 days notice if I am leaving. I put in a rental application for the place I am interested in, he requested my rental history from my current office. I gave my permission to provide the information and they refused until they had a copy of the rental application with...
November 7, 2011, 9:54 am, in Brokers and Agents
I am a first time buyer and have been asked by my realtor to fix three small problems with a house I have under contract.
(1)Paint trim. (Doesn’t say exterior or interior)
(2)Put in a handrail there are 3 levels and does not specify which set of stairs.
(3)Fix a hole in siding from a woodpecker.
The Sellers are not in state and have a local agent. Everyone involved knows I am capable of making the repairs and can do this in a day or two for about $90 in materials. The problems were...
November 1, 2011, 3:43 pm, in Foreclosure
If I have to foreclose on my house, can they garnish my paychecks or take my income tax checks? I live in York, South...
October 24, 2011, 8:05 pm, in Investment
I have this type of warranty deed in front of me, the owner purchased at 10.00 there is no signature from the owner on this deed, Is this valid? Also all other parties Grantor and Grantee no longer exist, the person whom made the 10.00 deposit listed on the deed seems to still be the owner, is there any way I can purchase this home in the same manner if this is a valid...
September 30, 2011, 11:19 am, in Selling
My mother passed away in November 2010. Her property was left to 5 siblings to be divided. It has been placed on the market however is not moving. My younger brother is the executor of the estate and wants to rent the property to bring in income to pay the taxes. Three of the five siblings are against this. Can he legally do this without all our...
Questions