Archive for March, 2008

How do I go about purchasing a foreclosure home?

Monday, March 31st, 2008
home foreclosure
RoseBudd1981 asked:


How do I get started? Where can I get the best information?What are the best free sites to visit?

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clean up water in basement?

Sunday, March 30th, 2008
flood insurance
Julie D asked:


we live in michigan. we have had a very heavy rain nonstop for 3 days. water is now about an inch deep in our basement. my husband keeps cleaning it up but it keeps coming back. it is coming in from under the basment walls. what should we do? should we just keep vaccuming it up as it comes in or just wait until it stops coming in to slean it or what? i know we will have to get someone to come dry it out all the way, but i dont want to pay for them to do that just to have more water come in. please give me some advice what to do. i called the insurance company and they said we do not have flood insurance so nothing is covered. thanks

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Under what conditions is it okay to break a lease for an apt?

Sunday, March 30th, 2008
leases
cheyla_ahi asked:


I plan to break my lease regardless of the consequences. What should I expect to deal with as a result? Is there a ‘good’ way to go about this?

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who own a peice of property if you pay the property tax for 5 year?

Sunday, March 30th, 2008
2sweet2b4got@att.net asked:


what rights do you have to a piece of property if you pay the taxes on it for 5 years?

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My home went to foreclosure last week. What impact that is going to have on my credit?

Sunday, March 30th, 2008
home foreclosure
Maricota asked:


I own a condo and a car also. Should I file for bankrupcy or that would just make everything worse? H E L P

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How low do you think mortgage rates will fall in the next 6 to 8 months?

Saturday, March 29th, 2008
logank1469 asked:


I live in Raleigh, NC . I’m wanting to buy a house some time this summer. I have a FICO score of 700+. I’m looking for 170K to 200K house with a 5% downpayment. what kind of interest rate can I expect for a standard 30 year fixed mortgage?

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My Landlords (house is in both names) are getting a divorse?

Saturday, March 29th, 2008
Matt asked:


I currently rent a house from a couple and they are now getting divorsed. Both individuals have contacted me and told me to give only Him/Her the rent money from now on. How do I make sure that i don’t get screwed during this?
…I want to do this in the Cheapest way possible. I don’t want money to come out of my pocket (like paying for a lawyer).

Kansieo.com

How much longer will mortgage rates continue to decline?

Friday, March 28th, 2008
Math Help Guy asked:


I saw today that my local bank’s 30-year fixed mortgage rate is 5.375%. How much longer will they continue to decline, and how low will they go?
I realize that none of you have a crystal ball, but aren’t there companies out there that forcast this type of thing? What are they saying?

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What’s a good gift for a newbie real estate agent? What are some must have’s that non agents aren’t aware of?

Thursday, March 27th, 2008
real estate agents
Latnldy asked:


My friend is going into the real estate business and I would like to get him something that he will get a lot of use from. Does anyone have suggestions?

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To reduce my income on rental property, can I prepay utilities and declare as expense this year?

Thursday, March 27th, 2008
rental property
Thuy N asked:


I want to reduce my taxable income and so I’m thinking of prepaying my gas, electric, water and garbage on my rental property and declaring these expenses on the Schedule E in the 2007 tax return? Allowed even though technically the charges haven’t accrued yet?

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