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Renting & Real Estate

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  • 4
    Upvotes of all answers in this question

    Can an apartment complex deny you based on previous history with them?

    I lived at an apartment complex for about three years. When I left the apartment had some damage that was probably a little more than just tear and wear, like ripped carpet (I lived with someone who had a cat but not anymore) and broken blinds.

    If I wanted to live there again could they deny me based on my past residence there? 

    13 Answers1 day ago
  • 9
    Upvotes of all answers in this question

    A year ago, house was appraised at $162k. I received an offer to refinance for $200k. If I take it and the bubble bursts, what will happen?

    Favorite Answer:

    The biggest impact would be if the bubble burst and you decided to sell. Because you could very well end up upside down on your mortgage, owing more than your house is worth. If you plan to stay in your home for a long time, the impact will likely be minimal as long as the market recovers. You simply continue living in your home and paying the mortgage, then after the market recovers you can sell and not have a loss. Otherwise it’s just a paper loss without direct impact. 

    8 Answers1 day ago
  • 56
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    My mom passed and her home estate is in my name, I have tenants in the?

    My mom passed and her home estate is in my name, I have tenants in the home but want them to take over the mortgage in so many days or we have to sell - Is there a legal letter or terminology that gives them so much time to transfer the mortgage into their name without a sale of the home? 

    21 Answers5 days ago
  • 3
    Upvotes of all answers in this question

    Do you live in a safe neighborhood?

    Is your area safe to the point where you can live in a non-gated house and actually sleep on the front lawn with the door unlocked?

    8 Answers1 day ago
  • 3
    Upvotes of all answers in this question
    Attachment image

    Should I refinance or sell?

    I currently have a mortgage of $95.000 balance.  The house is worth $325.000 according to my realtor. It wouldn’t be hard to sell but it would be hard to find our next house with the upgrades that we want. We have the option of looking for a new build too. Or should we refinance and then sell later?? I don’t even know how that option would work other than lower our rate and monthly payment. But we are set in getting a newer home. We don’t have any debt other than a car payment. Stable job, 401k, and some savings. 

    7 Answers1 day ago
  • 13
    Upvotes of all answers in this question

    I broke Texas lease due to mold 6 months ago.?

    Favorite Answer:

    What are your options?

    You can either pay it, try to negotiate a settlement for less, or wait until they sue you and ruin your credit with a judgement.

    Mold is rarely hazardous, and can be cleaned with bleach water or a number of other disinfectants.

    Cleaning the home is generally the tenant's responsibility. If the mold is occurring due to taking hot showers or just general humidity then its your job to clean the home to keep the mold under control. It may cause minor irritation but that can be addressed by wearing an N95 mask and making sure you have good ventilation while you work.

    Cleanup only becomes the landlord's job if its caused by a faulty system such as a leaky roof, leaky plumbing, or a dryer that isn't properly vented.

    Even if the landlord was responsible for the issue there is a legal process for breaking a lease due to an unresolved maintenance problem. You need to notify the landlord in writing of the problem, give them reasonable time to correct the problem, and then get a court order allowing  you to break the lease if they still haven't fixed it. You cannot just unilaterally decide that your landlord's efforts were inadequate. Did you even do a mold test to prove that there was airborne mold?

    The bottom line is that if they sue you, they will win and you'll have a judgement and trashed credit. I suggest you negotiate a settlement. Maybe they'll accept half the money. Maybe not, but its a starting point for negotiation.

    Next time either honor your lease, pay the penalty or follow the proper legal process to break it.

    8 Answers2 days ago
  • 13
    Upvotes of all answers in this question

    With home prices rising sky high, do millennials now regret all that avocado toast they wasted there money on?

    They could have had an appreciating asset they could have lived in, and instead they chose to waste there money on rent and overpriced lunches?

    8 Answers2 days ago
  • 15
    Upvotes of all answers in this question

    Is there a legal letter that the mortgage company can send to an estate forcing the executor to transfer....?

    mortgage into the executor's name or sell said property? I have a tenant in the home and I want them to get the mortgage in their name- but it has to come from the mortgage company

    15 Answers4 days ago
  • 17
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  • 4
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    Apartment rent vs income?

    Favorite Answer:

    $70k.  And the reason the landlord requires tenants to make at least 3 times the rent is partly because they know the tenant needs to pay taxes!  Luckily in this case they only pay 23%.

    10 Answers4 days ago
  • 14
    Upvotes of all answers in this question

    Can Someone Explain The Covid Tenant-Landlord Law?

    I know there’s something about landlords cannot evict tenants that cannot pay rent due to COVID, but does that mean he can still charge me $50.00 for every day that I don’t pay?

    I don’t know how any of this works, my schedule has a layout where I can’t work too often so there’s less risk of COVID or something.  I work extra shifts that I’m allowed to be able to pay my rent but one day I couldn’t find the landlord and he only takes cash, and at 8am the next day I woke up and gave him the money and explained the situation and he still added the $50.00 late fee for next month. Does the law only apply to tenants that aren’t working or to everyone? I just don’t know how it works if someone can explain. 

    Also my lease is month to month if that’s important. 

    10 Answers4 days ago
  • 26
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    My mom bought a house in full and managed to put it under my name?

    260k house. It’s 8,000 per year property taxes. I don’t own my own house yet and don’t know if my job is stable. She’s not asking me to pay for it but I’m worried that if something happens that I’ll have to pay for it. Also, keeps mentioning how she wishes own children would live with her.

    22 Answers6 days ago
  • 15
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    Can landlord install camera in kitchen?

    I own a rental property and the tenants are sharing the space. The all have their own private rooms but share the kitchen. lately, they have been making a mess and always claim they didnt do it. One girl even damaged the stove and is claiming she didnt do it. I know this because the rest of the girls are saying its her. Am I allowed to put a camera in the kitchen so they are a bit more responsible ?

    PS, property is in ontario, canada

    9 Answers4 days ago
  • 9
    Upvotes of all answers in this question

    What part of the mortgage process do I negotiate?

    I currently have 2 loan estimates from two different banks. Before I submit and sign this paperwork am I supposed to try and get fees waived or am I supposed to wait until later in the process when I get my final look?

    7 Answers3 days ago
  • 6
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  • 45
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    Can a tenant sue the landlord for harassment and win if he banged daily on the door several times a day demanding overdue rent payment?

    This was going on for over a month and is still going on. The tenant can't pay as they have no job and the social security payment is not enough. 

    18 Answers6 days ago
  • 0
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  • 10
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    Do we buy a starter place or a bigger long term home in this market? ?

    My boyfriend and I have been looking for a home for the past year. This is a relationship that will definitely soon lead to marriage by the way. I am personally conflicted on if we should get a starter or a long term place. We’re both first time home buyers and know what we want in a home. Though this market is crazy and I’m super torn. We’ve put in offers multiple times and haven’t gotten a home. We are fully qualified and flexible on moving/closing. 

    We have money for 20% down with a budget in the mid 300s. Do we go for a smaller place we can grow into (good school/area) or a larger long term place (good schools/area as well? I’m afraid of buying a smaller home and not being able to sell it later for the inflated prices we have today. Or buy a larger place and technically heat and cool a place that only 2 people will live in for 3-4 years before we would have kids etc. Any advice welcome thank you!

    5 Answers3 days ago
  • 16
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  • 49
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    Why do landlords always try to garnish their old tenants wages when they know the person is struggling?

    What's the point when you already know that the person is struggling financially and that's why the got behind on rent? Evidently they can't afford to pay you so why not let it go?

    20 Answers1 week ago
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