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Recent content by BrokerRE

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    Eviction process Land Contract Forfeiture

    What is the name of your state? Michigan A rental eviction requires that when the tenant is evicted, every personal item be bagged up, and placed at the curb. A mortgage foreclosure does not require that personal belongings be bagged up, and set to the curb, they are simply discarded at a...
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    Eviction process Land Contract Forfeiture

    What is the name of your state? Michigan A rental eviction requires that when the tenant is evicted, every personal item be bagged up, and placed at the curb. A mortgage foreclosure does not require that personal belongings be bagged up, and set to the curb, they are simply discarded at a...
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    Quiet Neighbors

    Bake her cookies! That'll really make her furious.
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    Boundary Dispute

    Michigan. Bought an investment property and it seemed like the fence was awfully close to the home. I brought my concerns to the neighbor, and they simply replied "that fence has been there for years." I had a stake survey done this morning, and that fence was 4 feet over the property line...
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    Bad credit question

    What is the name of your state? Michigan General Question: Is there any way I could find out creditors of a guy that I don't have his SS#, and or his permission to pull a credit report. I'd like to find out who this guy owes, so I can purchase or assume the debt, and have this guy owe me...
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    federal lien

    let the house go, but sue for the commission. The listing agreement probably has language which says, "if a ready willing and able buyer at full price and terms is brought to the seller, regardless of whether the sale is consummated a commission is owed". However, if this guy has a large...
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    federal lien

    Federal Lien The Lien should be able to be paid by having the Title Company withhold the amount of the Lien from the Seller's proceeds. This shouldn't hold up a closing in most cases unless the Feds are unable to provide an exact payoff in a timely manner, or if the Seller's proceeds aren't...
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    Scabies!

    Resident Manager? The "Resident Manager" confused me. Was this a condo you bought? Was it a house that was rented? So the tenants that lived there had scabies? It probably won't make a bit of difference in the outcome, I'm just curious.
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    Ingress and Egress

    What is the name of your state? Michigan My buddy has a home, and in order to get to his home, he must drive acrossed Federal land, which he has ingress and egress rights. The land in question has become almost impassable, and he is questioning the responsibility to make the road passable...
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    Foreclosure

    I'm not aware of anything you can do without the cooperation of your relative. However, your relative would be extremely dumb if she chose foreclosure over letting you assume the loan. Is there any 3rd party that could mediate a sale between you and this other relative. Other than that, I...
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    Real Estate Challenge

    I'd take the new loan, and get my earnest money back. As homeguru says, the bank is not involved with the contract. You have every right to get your earnest money back. I'd simply tell the loan officer you want a fixed market rate conventional loan, if he says he can't provide it, tell...
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    Real Estate Challenge

    I find it hard to believe that a loan program that puts absolutely no requirement for an appraisal also carries a a "Market Rate Interest Rate". Get your lender to quote market rate, and if this loan exceeds that amount, then you're not obligated to use this program, and you can back out...
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    Need some advice on buying a house with a tentant

    No, the purchase of property does not negate the validity of the lease. Sale of property that is leased must be sold subject to tenant's rights. Best advice? Don't close until it's empty.
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    sky hi

    Homes are based on market value Market value is what somebody is willing to pay for your house. How you're going to be able to claim that your house isn't worth what you just paid for it, would be a good trick. If you figure that out, let us know. I would say your chances of reducing the...
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    sky hi

    It happened to me recently It seemed like a huge increase, and the reason for it was this. I had been paying in a smaller amount which was insufficient to cover the house insurance. So when the insurance bill came, the mortgage company had to pay the extra difference. Now this meant that I...

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