the house I rent is being foreclosed. Can I move out before the lease is up?

Posted by | Posted in Buy My Home Fast - Questions & Answers | Posted on 12-04-2012-05-2008

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Question by palidin40: the house I rent is being foreclosed. Can I move out before the lease is up?
I signed a lease here in Florida October 1 of 2007. my lease is not up untill October 1 2008. I found out the landlord hasn’t paid the mortgage since before we moved in. It is now in forclosure and I want to move out but do not want them suing me for breaking the lease. When I contacted the landlord, they told me they are in the middle of a “quick sale” and it will not affect me. I am nervous and the court still shows it as a forclosure. I don’t want to end up with an eviction and would like to start looking to rent or buy a house now.
If the forclosure or sale doesnt happen right away, then I will vacate when the lease runs out. Help…..I don’t know what to do and a real estate attourny cost $ 250 that I don’t have.

Best answer:

Answer by Tim
Keep paying the rent. The lease is still in effect until the house is foreclosed or sold. If you leave now, you will be breaking the lease.

It sound stupid, but whether the landlord is paying his mortgage is none of your business. You have a legal obligation to pay him rent.

If the house is foreclosed or sold and the lease terminated, you will not be evicted but asked to leave within a reasonable amount of time.

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1st time homebuyer- can I remove “for sale” sign in front of the house BEFORE closing? Is that legal?

Posted by | Posted in Buy My Home Fast - Questions & Answers | Posted on 22-03-2012-05-2008

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Question by LaborNurse4ever: 1st time homebuyer- can I remove “for sale” sign in front of the house BEFORE closing? Is that legal?
Closing is still 3 weeks away and there is a tenant there until settlement day. I really want to remove the “for sale” realtor sign, but can I legally do this, since I haven’t closed on the property yet?

Best answer:

Answer by mtoung
why dont you ask the realtor?

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I am considering calling that “We buy Ugly Houses” company to sell my house. Has anyone ever used them before?

Posted by | Posted in Buy My Home Fast - Questions & Answers | Posted on 09-02-2012-05-2008

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Question by faithndragons: I am considering calling that “We buy Ugly Houses” company to sell my house. Has anyone ever used them before?
Is it worth it?

Best answer:

Answer by Rex
They will pay you, cash, but only about 40% of the appraisal value.

Give your answer to this question below!

Why is it necessary to have a home “inspected” before selling?

Posted by | Posted in Buy My Home Fast - Questions & Answers | Posted on 26-11-2011-05-2008

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Question by Pokeyrelay: Why is it necessary to have a home “inspected” before selling?
My sister and I are preparing to sell my parents home as soon as it goes through Probate.
haven’t'nt decided if I want to purchase her half and keep the home for myself. I always thought an inspection was necessary to protect ourselves as well as see what actually may not be up to code, etc.

Best answer:

Answer by Ms.Franky
You need an inspection so that you are aware of what may be wrong with the house. When you sell the buyer will do the same, if something is wrong they will use that to get a discount. So best to be prepared.

Know better? Leave your own answer in the comments!

Q&A: Have you ever heard these jokes before?

Posted by | Posted in Buy My Home Fast - Questions & Answers | Posted on 15-09-2011-05-2008

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Question by Camille: Have you ever heard these jokes before?
Why did the ram fall over the cliff ?

He didn’t see the ewe turn !
=====
A firefighter is working outside the station when he notices a little girl in a little red wagon with small ladders on the sides, a garden hose coiled in the middle, and wearing a firefighter’s helmet. The wagon is being pulled by her dog and her cat.

The firefighter takes a closer look. “That sure is a nice fire-truck,” the fire fighter says with high regard.

Thanks,” says girl says!

The firefighter notices the girl has tied the wagon to her dog’s collar and to the cat’s tail.

“Little lady,” the firefighter says, “I don’t want to tell you how to run your rig, but if you were to tie that rope around the cat’s collar, I think you could go faster.”

The little girl replies thoughtfully, “You’re probably right, but…then I wouldn’t have a siren!
=====
The Wood

In the back woods of Arkansas, Mr. Stewart’s wife went into labor in the middle of the night, and the doctor was called out to assist in the delivery. To keep the nervous father-to-be busy, the doctor handed him a lantern and said, “Here, you hold this high so I can see what I’m doing.” Soon, a wee baby boy was brought into the world. “Whoa there Scotty!” said the doctor. “Don’t be in a rush to put the lantern down… I think there’s yet another wee one to come.” Sure enough, within minutes he had delivered another little baby. “No, no, don’t be in a great hurry to be putting down that lantern, young man… It seems there’s yet another one besides!” cried the doctor. The new father scratched his head in bewilderment, and asked the doctor: “Do ya think it’s the light that’s attractin’ them?”

====
New Car

A couple had been debating the purchase of a new auto for weeks.

He wanted a new truck. She wanted a fast little sports-like car so she could zip through traffic around
town.

He would probably have settled on any beat-up old truck, but everything she seemed to like was way out of their price range.

“Look!” she said. “I want something that goes from 0 to 200 in 10 seconds or less and my birthday is coming up. You could surprise me.”

For her birthday, he bought her a brand new set of bathroom scales.

Nobody has seen or heard from him since.

=====
Depressed – Clean Joke

There’s this guy in a bar, just looking at his drink. He stays like that for half-an-hour. Then, this big trouble-making truck driver steps next to him, takes the drink from the guy and just drinks it all down.

The poor man starts crying. The truck driver says: “Come on man, I was just joking. Here, I’ll buy you another drink. I just can’t see a man crying.”

“No, it’s not that. This day is the worst of my life. First, I fall asleep, and I go late to my office. My boss, outrageous, fires me. When I leave the building, to my car, I found out it was stolen. The police, they say they can do nothing. I get a cab to return home and when I leave it, I remember I left my wallet and credit cards there. The cab driver just drives away. I go home, and when I get there, I find my wife left me for the gardener. I leave home, and come to this bar.

And just when I was thinking about putting an end to my life, you show up and drink my poison…”

Best answer:

Answer by Spam
nope

Give your answer to this question below!

What Real Estate Agents Should Do Before Listing a House

Posted by | Posted in Buy My Home Fast - Articles | Posted on 28-11-2010-05-2008

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What should an agent do before listing your house? They should make multiple visits to the house and create a market analysis. Good agents will give tips on how to improve the marketability and enhance the house for sale. Real estate agents should discuss the location, condition and give other tips and recommendations. Watch this Expert Real Estate segment for more information on what real estate agents should do to prepare a house for sale.
Video Rating: 3 / 5

Stop Foreclosures Before They Happen by Helping to Cure the Loan in Default

Posted by | Posted in Buy My Home Fast - Articles | Posted on 02-09-2010-05-2008

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Stop Foreclosures Before They Happen by Helping to Cure the Loan in Default

Home buyers in today’s market will be aware that there may be opportunities to purchase from sellers in financial distress, at a price below market value, and in so doing stop foreclosures. They may hear of these opportunities from friends, the realtor, with whom they may already be in contact, or just by being observant, reading newspaper columns, noting for sale signage, all indicators that a seller is impatient.

In the reinstatement period following default many homeowners do not know where to turn for help, but do know that if only they can sell their home quickly, they have enough cash to move. Chances are they aren’t as fully informed as they should be about their rights and remedies; they may caste the lender in an antagonistic role, they may have tried to refinance with other lenders and failed.

With the help of a realtor experienced in the particular issues of foreclosure properties, a buyer intent on stretching his cash and pre-approved financing just as far he can, will be able to determine the right price to pay for this particular piece of real estate.

Together or separately you must find a way to win the owners’ trust, understand what has led to the default, determine that there is indeed a way to structure your offer and close a sale without delay in which everyone, seller, lender and buyer, gain a quantifiable benefit.

Buying in the pre foreclosure period requires a source of great leads, an ability to get there first, and a way of showing the owner the options that appeal to him. Prepare for an all cash buyout if you can’t assume the loan, prepare to ease out if you learn that at the end of the day, the discount gained doesn’t warrant the risk of being wrong about the cost of the repairs you deem essential. Many investors may smell a “short sale” opportunity, and negotiate through the owner/borrower with the lender with an offer less than the recorded debt in default. This approach is not for the novice, and does not “cure” although it may result in the debt being totally extinguished. With other home owners near or in default now in many states, with little equity and facing both stagnant house prices and tighter restrictions on borrowing, you can be sure another property will soon meet your needs and those of the owner who is desperate to cure the default.

Philip Smith is the writer of http://www.Foreclosuredeals.com. Your Source of Stop Foreclosures online.

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Sales Up Before Home Buyer Tax Credit Expires

Posted by | Posted in Buy My Home Fast - News | Posted on 28-04-2010-05-2008

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Sales Up Before Home Buyer Tax Credit Expires
The federal home buyer tax credit expires on Friday.

Read more on Chicago Public Radio

MUST SELL HOME BEFORE TURKEY DAY LOS ANGELES

Posted by | Posted in Buy My Home Fast - Videos | Posted on 14-03-2010-05-2008

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