- This topic has 60 replies, 8 voices, and was last updated 15 years, 8 months ago by sdrealtor.
-
AuthorPosts
-
February 24, 2009 at 4:29 PM #354578February 24, 2009 at 4:50 PM #354320DataAgentParticipant
If you have a lease, you have rights. You can make it easy or you can make it difficult for your landlord to sell your home. Here’s a good place to start:
http://www.dca.ca.gov/publications/landlordbook/index.shtml
There’s a link at the bottom of the page for a PDF version of the entire booklet.Don’t let your landlord run all over your life during the sales process. For example, the landlord or his agent cannot bring buyers over to your place anytime they want. And you don’t have to move out the momemt the house sells. Know your rights.
February 24, 2009 at 4:50 PM #354452DataAgentParticipantIf you have a lease, you have rights. You can make it easy or you can make it difficult for your landlord to sell your home. Here’s a good place to start:
http://www.dca.ca.gov/publications/landlordbook/index.shtml
There’s a link at the bottom of the page for a PDF version of the entire booklet.Don’t let your landlord run all over your life during the sales process. For example, the landlord or his agent cannot bring buyers over to your place anytime they want. And you don’t have to move out the momemt the house sells. Know your rights.
February 24, 2009 at 4:50 PM #354481DataAgentParticipantIf you have a lease, you have rights. You can make it easy or you can make it difficult for your landlord to sell your home. Here’s a good place to start:
http://www.dca.ca.gov/publications/landlordbook/index.shtml
There’s a link at the bottom of the page for a PDF version of the entire booklet.Don’t let your landlord run all over your life during the sales process. For example, the landlord or his agent cannot bring buyers over to your place anytime they want. And you don’t have to move out the momemt the house sells. Know your rights.
February 24, 2009 at 4:50 PM #354009DataAgentParticipantIf you have a lease, you have rights. You can make it easy or you can make it difficult for your landlord to sell your home. Here’s a good place to start:
http://www.dca.ca.gov/publications/landlordbook/index.shtml
There’s a link at the bottom of the page for a PDF version of the entire booklet.Don’t let your landlord run all over your life during the sales process. For example, the landlord or his agent cannot bring buyers over to your place anytime they want. And you don’t have to move out the momemt the house sells. Know your rights.
February 24, 2009 at 4:50 PM #354588DataAgentParticipantIf you have a lease, you have rights. You can make it easy or you can make it difficult for your landlord to sell your home. Here’s a good place to start:
http://www.dca.ca.gov/publications/landlordbook/index.shtml
There’s a link at the bottom of the page for a PDF version of the entire booklet.Don’t let your landlord run all over your life during the sales process. For example, the landlord or his agent cannot bring buyers over to your place anytime they want. And you don’t have to move out the momemt the house sells. Know your rights.
February 24, 2009 at 10:03 PM #354344SD RealtorParticipantScaredycat the poster has already stated that they have school aged kids. Enough said. I can sympathize with that, mine are not school aged yet but once the kids are school aged it is not like you can just get up and move them out of the school they are in.
It is not fair to your kids.
February 24, 2009 at 10:03 PM #354923SD RealtorParticipantScaredycat the poster has already stated that they have school aged kids. Enough said. I can sympathize with that, mine are not school aged yet but once the kids are school aged it is not like you can just get up and move them out of the school they are in.
It is not fair to your kids.
February 24, 2009 at 10:03 PM #354816SD RealtorParticipantScaredycat the poster has already stated that they have school aged kids. Enough said. I can sympathize with that, mine are not school aged yet but once the kids are school aged it is not like you can just get up and move them out of the school they are in.
It is not fair to your kids.
February 24, 2009 at 10:03 PM #354787SD RealtorParticipantScaredycat the poster has already stated that they have school aged kids. Enough said. I can sympathize with that, mine are not school aged yet but once the kids are school aged it is not like you can just get up and move them out of the school they are in.
It is not fair to your kids.
February 24, 2009 at 10:03 PM #354654SD RealtorParticipantScaredycat the poster has already stated that they have school aged kids. Enough said. I can sympathize with that, mine are not school aged yet but once the kids are school aged it is not like you can just get up and move them out of the school they are in.
It is not fair to your kids.
February 24, 2009 at 11:08 PM #354689sdrealtorParticipantWithout knowing the details it is impossible and silly for anyone to say to buy or not to buy. One advantage you have in living there is you know all the stuff a normal buyer never could. Like does your crazy neighbor walk around drunk and naked screaming at aliens. Or even simple things like what works or doesnt work with the house. You may have a great house in great condition that could sell under market in a short sale because its surrounded by lousy comps full of mold, stripped cabinets and appliances that will pull it down when the lender does their bpo. There is no way for any of us to say without knowing the details.
I do have one going on right now where the tenants family is the perfect buyer. Tenant is disabled and his rent is paid by family trust. He is older and moving him would be catostrophic (seriously). Their monthly carrying costs with 20% down (about $25K of which $8K will come back as a tax credit)will be $400/month less than rent and they get a tax benefit and principal reduction over time as he will likely be around another 10 to 20 years or more. For them its a no brainer. That’s a $4,800 return on a $17,000 investment each year. And then there is the tax benefits. Beat that anywhere?
For you it depends on more variables than any of us cold armchair quarterback on.
Nice meeting you too Dan. BTW, there are lots of tricks I have learned from listing and closing shorts that could be exploited in reverse to help buyers get them.
February 24, 2009 at 11:08 PM #354822sdrealtorParticipantWithout knowing the details it is impossible and silly for anyone to say to buy or not to buy. One advantage you have in living there is you know all the stuff a normal buyer never could. Like does your crazy neighbor walk around drunk and naked screaming at aliens. Or even simple things like what works or doesnt work with the house. You may have a great house in great condition that could sell under market in a short sale because its surrounded by lousy comps full of mold, stripped cabinets and appliances that will pull it down when the lender does their bpo. There is no way for any of us to say without knowing the details.
I do have one going on right now where the tenants family is the perfect buyer. Tenant is disabled and his rent is paid by family trust. He is older and moving him would be catostrophic (seriously). Their monthly carrying costs with 20% down (about $25K of which $8K will come back as a tax credit)will be $400/month less than rent and they get a tax benefit and principal reduction over time as he will likely be around another 10 to 20 years or more. For them its a no brainer. That’s a $4,800 return on a $17,000 investment each year. And then there is the tax benefits. Beat that anywhere?
For you it depends on more variables than any of us cold armchair quarterback on.
Nice meeting you too Dan. BTW, there are lots of tricks I have learned from listing and closing shorts that could be exploited in reverse to help buyers get them.
February 24, 2009 at 11:08 PM #354851sdrealtorParticipantWithout knowing the details it is impossible and silly for anyone to say to buy or not to buy. One advantage you have in living there is you know all the stuff a normal buyer never could. Like does your crazy neighbor walk around drunk and naked screaming at aliens. Or even simple things like what works or doesnt work with the house. You may have a great house in great condition that could sell under market in a short sale because its surrounded by lousy comps full of mold, stripped cabinets and appliances that will pull it down when the lender does their bpo. There is no way for any of us to say without knowing the details.
I do have one going on right now where the tenants family is the perfect buyer. Tenant is disabled and his rent is paid by family trust. He is older and moving him would be catostrophic (seriously). Their monthly carrying costs with 20% down (about $25K of which $8K will come back as a tax credit)will be $400/month less than rent and they get a tax benefit and principal reduction over time as he will likely be around another 10 to 20 years or more. For them its a no brainer. That’s a $4,800 return on a $17,000 investment each year. And then there is the tax benefits. Beat that anywhere?
For you it depends on more variables than any of us cold armchair quarterback on.
Nice meeting you too Dan. BTW, there are lots of tricks I have learned from listing and closing shorts that could be exploited in reverse to help buyers get them.
February 24, 2009 at 11:08 PM #354379sdrealtorParticipantWithout knowing the details it is impossible and silly for anyone to say to buy or not to buy. One advantage you have in living there is you know all the stuff a normal buyer never could. Like does your crazy neighbor walk around drunk and naked screaming at aliens. Or even simple things like what works or doesnt work with the house. You may have a great house in great condition that could sell under market in a short sale because its surrounded by lousy comps full of mold, stripped cabinets and appliances that will pull it down when the lender does their bpo. There is no way for any of us to say without knowing the details.
I do have one going on right now where the tenants family is the perfect buyer. Tenant is disabled and his rent is paid by family trust. He is older and moving him would be catostrophic (seriously). Their monthly carrying costs with 20% down (about $25K of which $8K will come back as a tax credit)will be $400/month less than rent and they get a tax benefit and principal reduction over time as he will likely be around another 10 to 20 years or more. For them its a no brainer. That’s a $4,800 return on a $17,000 investment each year. And then there is the tax benefits. Beat that anywhere?
For you it depends on more variables than any of us cold armchair quarterback on.
Nice meeting you too Dan. BTW, there are lots of tricks I have learned from listing and closing shorts that could be exploited in reverse to help buyers get them.
-
AuthorPosts
- You must be logged in to reply to this topic.