Archive for Neighbor
What is advantage and disadvantage to rent a house to section 8 tenant?
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Dear friend, can someone tell me what is advantage and disadvantage to rent a house to section 8 tenant? Can neighbor has right to complaint it?
What are my tenant rights when my duplex is in pre-foreclosure?
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I just recently found out that the duplex that I live in is in pre-foreclosure and is set for “quick sale”. The owner of the property has sent a letter to inform me that the property will be in foreclosure by the end of the year. As you may have already guessed the owner of the property still wants me to pay him his rent but he’s not going to use my rent money to try and save his property.
I’ve been given conflicting advice….some people say since he’s admitted that he has not intention on paying his mortgage I have no responsibility to him. I’ve also been told that I should just pay my rent to the owner and wait until I’m forced to move by the Sheriff’s office.
Since it is a duplex it’s likely that there is a “rider” clause in his mortgage. If that’s the case then I can pay the lender directly. I really have a problem with paying the owner rent money when I know that he is in default of his mortgage and hasn’t paid it since July “08″ (which just so happens to be the month I moved in).
Please advise me how to proceed in this situation. You should also know that I’ve qualified with a mortgage company to purchase the house. So every penny I get needs to go towards my earnest money as well as my closing cost.
I find it quite interesting that everyone who has responded to my question has been VERY disconcerned with the fact that the tenant (myself and my neighbor) are being taken advantage of .
It seems to me that there are no laws in place to protect tenants in this situation. And as for those people who seem to think that is none of my business whether or not the owner of my property pays his mortgage or not I say these few things to:
1. He made it my business when he decide to rent to me knowing that he wasn’t going to pay his mortgage. (By the way he sent me a letter notifing me that he had no interest in saving the property from foreclosure.)
2. There is a such clause as 1-4 Family Rider clause…look it up if you don’t believe me.
3. If you can’t afford to have a rental property….then buy some other sort of investment….preferably one that doesn’t affect someone else’s livelyhood!
If a neighbor wants to buy my condo as is no realtor involved?
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how should pricing be determined and how are the legalities handled so neither party is taken advantage of. The neighbor wants to buy as an investment property and make a quick sale. I know pricing needs to reflect the as is condition, no realtor fees and quick sale. I’m nervous as I have no experience and don’t want to get ripped off.
I want to buy a property that is landlocked with no easments?
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I want to buy a property on a river but the neighbor wont allow me to cross his property to get to mine. can I force the issue? The property is in ca. The only way to the property (legally) is by boat.
We live in a locked secure condo building. This is private property, however we still get the door to door solicitors who weazel their way in our buidling.. worse we have had thefts ect. Recent CCTV has helped deter this.
One of the biggest issues our buidling has if someone knocks on the front door many people would just let them in.. now asking who they are here for etc. I was running to work late one morning. This lady knocked on the front door lobby as I was leaving. I asked her if she lived her she said NO. I asked who is she here to see? She couldn’t tell me. I told her if you can’t answer either of those questions you don’t belong in my buidling and walked away. I caught my neighbor letting this woman in no sooner than me pulling out of the locked drive way. I pulled over and said.. I did not just see you let that woman in.. she said.. oh my son did it. I told her you are the adult here. That was a stranger who did not konw who she was here to see, nor did she live here. I said i’t becuase of people like you that stuff is getting ripped off… think about it!