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Oct
31
Friend is a real estate broker is 1 % a good rate?
October 31, 2009 | 6 Comments
Hello,
A friend helped us find the home we would like to purchase and is helping secure the loan. Is 1% a good deal for us to give him for his help? What do brokers usually take from you?
Thanks!
Oct
31
How do I cash in money from a grey National savings Investments account?
October 31, 2009 | Leave a Comment
I have recently found a very old a grey National Savings Investment Account booklet with quite a bit of money it which hasn’t been touched since 1989. The post office were remarkably unhelpful and just gave me a booklet on applying for a current investments account.
The booklet does say i need to send it off [...]
Oct
31
Who should pay the real estate agent for apartment rental in NYC? The tenant or landlord?
October 31, 2009 | Leave a Comment
I am a landlord and I recently rented out an apartment through a real estate agent. The tenant paid 1 month security, first month rent, and the last month rent of a 1 year lease. My real estate agent took the last month rent from my tenant as the commission. This means [...]
Oct
31
I got caught in the mortgage crisis and have had 2 homes for 18 mos. Is there any tax break I can qualify for?
October 31, 2009 | 3 Comments
The house I currently do not live in is empty and has been for sale for about 18 months. I paid ,000 in taxes, and ,000 in interest on the mortgage for 2007. Can I report any of that as some kind of a loss or something?
Oct
31
How can i get real estate agents to sell my preforeclosure properties?
October 31, 2009 | 1 Comment
I’m getting into the business of stopping foreclosures,and i was told that this type of business is less than attractive to real estate agents.My question is two part,why is that and what can i do to get them to actively sell my properties…Equity is not an issue,each property has an average of about 20 to [...]
Oct
31
i JUST GOT MY REAL ESTATE BROKERS LICENSE IN ILLINOIS, HOW DO I GET MLS ACCESS IN THE CHICAGO AREA AS A BROKER
October 31, 2009 | 2 Comments
i JUST GOT MY REAL ESTATE BROKERS LICENSE IN ILLINOIS, HOW DO I GET MLS ACCESS IN THE CHICAGO AREA AS A BROKER
Oct
31
How do I add my girlfriend to my mortgage or should I draw up a separate contract that shows her contribution?
October 31, 2009 | 8 Comments
My girlfriend lives with me and contributes towards the mortgage payments. I want some form of legal document that reflects her contribution and also gives her a legal footing should things not work out and we do go our separate ways.
I was wondering if I can add her to my mortgage and if so, [...]
Oct
31
How do I cash in money from a grey National savings Investments account?
October 31, 2009 | Leave a Comment
I have recently found a very old a grey National Savings Investment Account booklet with quite a bit of money it which hasn’t been touched since 1989. The post office were remarkably unhelpful and just gave me a booklet on applying for a current investments account.
The booklet does say i need to send it off [...]
Oct
31
Who should pay the real estate agent for apartment rental in NYC? The tenant or landlord?
October 31, 2009 | Leave a Comment
I am a landlord and I recently rented out an apartment through a real estate agent. The tenant paid 1 month security, first month rent, and the last month rent of a 1 year lease. My real estate agent took the last month rent from my tenant as the commission. This means [...]
Oct
31
Are Mortgage Companies allowed to give an Adjustable Rate Mortgage(ARM) to lenders of a certain age?
October 31, 2009 | 3 Comments
I understand that some law prohibits mortgage lenders from giving ARM to people over certain age. I am 54 years old and I am struggling with this rate now. Someone told me I could use this fact to persuade my lenders to reduce my interest rate, or to move me to a fixed rate. Is [...]