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Posted by Real Estate Investor on Jun 26 | Real Estate Investing Chatter
I bought a house in Feb 2009, moved into it for 4 months. Now I’m planning to rent it out for a year. After that, I’ll move back in. After 2 years, if I sell it and make a profit, how will the 1 year rental affect my tax deduction?, more
and On the Real Estate websites, are those prices REALLY what they are? When I go on Windermere, John L Scott or Yahoo Real Estate, the prices of the homes in Arizona and Las Vegas go as low as $100K or less. And, they look new and beautiful.
Can somebody tell me what’s going on here? Are those prices really true?
Thanks. :), more
and im on section 8 and i want to move? my lease is up and im ready to move how long do i have to wait before i can put in to move? my friend told me that once you’ve been there a year you be on a month to month lease is that true?, more
How can I get out of this house? My husband and I bought a manufactured home 4 years ago. The home is on a foundation, but of course the home is still movable. We want to keep the land that the home is currently on but have the home moved to another lot. After talking to a loan officer at the bank we have our mortgage through we had started making plans to build a home on the lot that the home is still on. The loan officer indicated all we need to do was refinance the home onto the other lot to release the lean on the property that the home is currently on. However, after finding a buyer for the home(once it was moved) ,finding a contractor to build our new home, buying blue prints, getting approved for the construction loan, and having all the people needed to move the manufactured home and pour footers and build the block ready to go, the same loan officer who told us all we had to do was refinance said oops she was wrong the mortgage has to be paid in full before the home can be moved. We are devastated and are still trying to make this happen. If a bank would let someone finance the home and lot based on what the home would appraise for after it is moved and set up, we could pay off the mortgage. The problem is I cant find any bank who is financing mobile homes . If anyone has any suggestions or ideas on how this could possibly work. I would very much appreciate any help.
I dont want to build on the other lot. I live next door to my grandmother and I want and need to be close to her. Also we purchased the other lot with the sole purpose of moving the home on it. I wouldnt want to build there. Also I have all the money needed to move the home and build the foundation (8000$) and we would pay for that not the buyer!!, more
and landlord tenant disputes? just moved from rental property, did not clean up, paid deposit 16 years ago to her now dead husband, she says i did not, do not have a receipt. there was never a lease signed, i paid her biweekly, gave her two and a half weeks notice that i was leaving, she promised her son-in-law would not be on the property til i was gone. she wants me to send her money to cover the cost of cleanup. no lease, no deposit(according to her) and her son in law violated the agreement. i want the son in law to clean up, he has harassed me for 5 years. she said she talked to an attorney, but i am sure he told her there is nothing she can do … what do you think?, more
Tags: foreclosure, bank owned, homes, investing advice
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