Lease renewal options for residential properties, mates girlfriends mom is realestate agent and wants me out?

Posted on December 30th, 2009 by admin in realestate properties | 3 Comments »

im currently renting a house with 2 mate, we all signed a lease for six months, and its coming to an end in a few weeks. thing is one of my ‘mates’ girlfriend is the realestate agent. me and him haven’t been getting along that well and now he wants to renew the lease with out me and get one of his other friends in. sept this place is the only place i can rent, i have no other options. the other guy on the lease doesn’t want to get involved. so pretty much i want to know if the guy who wants me out can get his girlfriends mom the realestate agent to renew the lease without me in it? we all went equal halfs in the bond so what will happen to that? also how long do i have to get out if the lease is terminated?

I’d suggest you find another place. Unless you’re in a rent controlled area, I doubt you have many rights when it comes to lease renewal. The least of your problems is the place you’re living; your bigger problem is the quality of life you’re living with in your current environment.

Negotiate with them to return your share of the security deposit and any last month rent in return for your agreement to find another property. Your current lease has a date on it though it may be a "term" as opposed to a specific date. Yes, you need to read it since it may give you other rights I’ve not considered.

I know moving isn’t fun, but neither is being in an adversarial position with roommate.

Good luck

How the real estates people attract customers?

Posted on December 30th, 2009 by admin in real estates | 3 Comments »

Customer feedback is essential for any business..Tell me how to attract customers.

The best way to attract customers is to the work in a quality manner…They can give some offer to the customer regarding the site and they should maintain the smooth relationship between the customers…This attracts more customers and increase the quality…

Who is a good realtor in tacoma washington for military buyers?

Posted on December 30th, 2009 by admin in realtor | 3 Comments »

I am moving to Fort Lewis very soon and would like to buy a house in the Tacoma, Spanaway, Puyallup area? We are planning on using a VA loan to purchase the house, so a military friendly realtor near fort lewis is what we REALLY need. Any past buyers with good experiences out there?

Just about any that work at John L. Scott, Windermere, Century 21 in that area should be well versed in the VA home buying process since it is so close to Fort Lewis. I’m more partial to John L. Scott, but then I work there ; )

You might browse their wesbites & look at agent profiles to see if any specialize in just that field.

http://www.JohnLscott.com
http://www.Windermere.com
http://www.Century21.com

Do most Commercial Realtors make more than Realtors specializing in Residential properties?

Posted on December 30th, 2009 by admin in realtors | 2 Comments »

I’ve been a Realtor for about 4 years, selling only residential properties. I enjoy the investment side of real estate more and I really think I’d enjoy working in commercial real estate. On average, do Commercial Realtors make more than residential? I live in a decent size city with a lot of commercial property.

Thanks!

No. More residential properties than commercial makes more consistent opportunities in residential. Commercial may have a better commission. Do both.

How to register my realty company name?

Posted on December 30th, 2009 by admin in realty | 1 Comment »

I am completing realty school and want to trail off into my own company within a year or so.

How do I establish a company name?

Start with your states real estate board to make sure you can legally have the name, you will need to license it as well, you will end up with 2-3 licenses, broker and brokerage, as well as sales (maybe on that one). From there you either form a LLC or a corporation.

Realestate agents? Are you the one who is supposed to find the lender or is the buyer?

Posted on December 30th, 2009 by admin in realestate com | 16 Comments »

I live in NC. Im not sure if that matters. Anyways, my friend is looking for a house and he has gone with someone who has just finished up their realestate classes and recieved their license. The realator calls my friend and tells him "Hey I got a number of a guy YOU need to call and talk to…I think he will give you a good rate." He has yet to help him even FIND a mortgage company. I dont think my friend knows where to start. he assumed and so did I that the agent was supposed to help with that. Am I wrong or should the agent be taking the personal information to find him a lendor or at least giving him a list or lenders to contact?
Thanks for all your kind answers!

First of all, I think I would rather work with someone more experienced, as buyers need considerably more expertise than a newbie can provide.
As for mortgage and closing that is up to the buyer. As part of my services, I generally give me clients some names and let them choose. They should talk with at least three lenders to see what different programs are available and of course rates. While I can make arrangement for closing, I always ask if they prefer one place over another. Most folks don’t know title companies like they do lenders.

Nowadays, some Realtors (depending on the client relationship) do not want to know the borrowers financial information. For example, if the borrower is purchasing a property the agent has listed (dual agency), then it’s best if the borrower keeps his financial information confidential. Since I am not a mortgage professional, I leave most of the qualifying up to the lender. I am happy to accompany the client to each lender, but it’s not necessary. If I’ve worked the area for awhile, I know most lenders. And in some places, each real estate company has their own loan divisions and/or title companies. Again, the buyer can select whom they want to work with.

If I can help further, just email me. Hugs from Minnesota!

what is the difference between a "cottage" and a "bungalow"?

Posted on December 30th, 2009 by admin in realestate listings | 3 Comments »

I’m looking for the current, popular meanings of the words as they are used in North America, Great Britain, and in the Repuplic of Ireland. In architecture and in realestate there seems to be some distinction. For examples: an architecural photographer has two seperate books; 500 Cottages , and 500 Bungalows; and IOL realestate has "cottages" and "bungalows" under seperate listings. What is a modest one family home… a cottage, a bungalow or something different ….???
;

North American perspective:
There is a good degree of overlap but some distinctions. A bungalow is usually from the 1870-1930 period. It would have a general horizontal feeling to it, would almost always have a covered porch and overhanging roof as a major design element. It would feature natural, native, low-tech material choices.
A cottage I think of perhaps as a bit smaller, perhaps part of an older tradition for its location. Example: a rural 16th century small house in England or Ireland could be a cottage but never a bungalow. A cottage could be in the 1950s modernist style, for example but a bungalow could not. Any home built in the 30 years could not be a bungalow, unless it strongly referenced the architecture of the pre-1930 period. Bacically: Bungalow is a style, Cottage is a detached smaller home of many, if not any, styles.
Note: in 19th and early 20th century usage, "cottage" was often used as a synonym for "rental house" or a smaller house on the same grounds as a larger one (example: guest house) of any size.

How can I start investing in realestate so I can create a cash flow?

Posted on December 30th, 2009 by admin in realestate | 3 Comments »

I don’t have any money for down payments, my income is low, (about 3,500 per month), my credit score is low, and I’m in the process of selling my home in a short sale. I want to create this cash flow as a means of supplement income and then eventually my main source of income. Is this doable?

You may have to wait a bit, but don’t worry, housing prices will probably drop some more.
I suggest buying a rental unit and living in it. Your tenants can pay your mortgage-or at least most of it. Research the tenant-landlord laws in your area as well as financing options and prices of multi-unit homes.

Is the realestate market dropping? I want to buy a home, should I wait?

Posted on December 27th, 2009 by admin in realestate properties | 12 Comments »

Where can I find motivated sellers, not sellers who are just testing the waters to see what they can get for their home. I want to find a Good Deal! Maybe a homeowner who is in process of foreclosure and need to sell at a discounted price below market value. I am buying the property for investment purposes. Any realestate broker or agent who is willing to find me a DEAL?

There are always foreclosures listed in the paper. Try starting there.

Is there any law that will restrict the brokers asking huge brokerages while dealing Real Estates?

Posted on December 27th, 2009 by admin in real estates | 3 Comments »

I am tenant in Pune (india) suffering from brokers. Every 11 months after finishing the contract they ask for Heavy brokerage which is nearly 2 months rented amount. Its very hard for middle class people to bear such heavy amounts. There should be some maximum limits on the brokerage. Brokers are just getting rich giants eating poor tenant’s amount.

No limits today. /