Archive for November, 2007
Wednesday, November 28th, 2007
Lexis2011 asked: I have been looking for houses for me and my family and I’ve found many houses with 3beds and 2bath for about $1,400 a month. This is the right size and the amount is affordable but i found out that it is a foreclosure home. Since they are cheaper is it good to rent one? thanks in advance.
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Tags: Foreclosure, Rent, Thanks In Advance
Posted in Renting Real Estate | 7 Comments »
Wednesday, November 28th, 2007
Lynn H asked: I am a real estate agent in Minnesota. In the state of Minnesota I am required to have a broker hold my license. Thus, costing me a lot of money every month to be an employee of a brokerage. Are there any states that don’t require a broker to hold your license?
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Tags: Brokerage, Estate Agents, Money, Real Estate Agent, Real Estate Licenses
Posted in Renting Real Estate | 4 Comments »
Monday, November 26th, 2007
Posted in Renting Real Estate | 5 Comments »
Saturday, November 24th, 2007
Angel asked: I have two answer.
1) If put back to settlement, it is not taxable. It only reduce your purchase price, when you sell your investment property, you have to pay tax. You only need to pay tax if you get check directly from the builder.
2) Another group think 1) only apply to second home. For realtor buy investment property, even realtor put rebate back into settlement, they still have to claim it as income and pay tax on it.
Which one is true, any website as support document? Thanks.
If the law will be different from state to state? I am in Maryland.
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Tags: Income Tax, Investment Property, Property Tax, Realtor
Posted in Renting Real Estate | 2 Comments »
Saturday, November 24th, 2007
Killing Time asked: Did the bond market go up or down, better or worse that causes the interest rates to go down. Which bond market is it, assuming there is more than one, that causes mortgage rates to go down?
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Tags: Bond Market, Interest Rates, Mortgage Lenders, Mortgage Market, Mortgage Rates
Posted in Investing | 2 Comments »
Friday, November 23rd, 2007
Ed asked: A bank tells a real estate agent that average closing costs on the sale of a home are $6500. The agent thinks that this is too low an estimate so she randomly selects 20 recent home sales and finds that the average closing costs are $6550 with a sample standard deviation of $120 and that the closing costs appear to be normally distributed.
The null hypothesis would be rejected at the ? = 0.05 level..
True
False
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Tags: Closing Costs, Null Hypothesis, Recent Home Sales, Standard Deviation, True Or False
Posted in Mathematics | No Comments »
Friday, November 23rd, 2007
Kay asked: I just moved in an apt with a numerous amounts of fleas left by the previous tenants. Complaint to the property management but they said they were not responsible for hiring an exterminator for us, and will not pay for it. My question is if the property management suppose to be held responsible and if we have the rights to file any type of complaints to health departments if they refuse to take care of the issue?
I have absolutely no pets living or visiting my apartment. I live in San Francisco. Thanks for the answers!
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Tags: Apartment, Health Departments, Landlords, Property Management, San Francisco
Posted in Renting Real Estate | 6 Comments »
Friday, November 23rd, 2007
Hafeman 5000 asked: My wife and i are signed until May, but the houses that we are looking at won’t be availible then. Whats the best way to get out of it?
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Tags: House Wife, Houses
Posted in Renting Real Estate | 5 Comments »
Thursday, November 22nd, 2007
VMM asked: Im 18 with a 2 month old. I’m currently unemployed but searching for a job. Without a job can i still get any type of housing(section
or subsidized housing until i get a job?
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Tags: Searching For A Job, Section 8, Subsidized Housing
Posted in Renting Real Estate | 6 Comments »
