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13y ago

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Can you use your previous rental payments to pay towrad a down payment on a mortgage?

No, not unless you had that agreement in writing with the owner of the property who has agreed to take back a mortgage in a sale of the property to you.No, not unless you had that agreement in writing with the owner of the property who has agreed to take back a mortgage in a sale of the property to you.No, not unless you had that agreement in writing with the owner of the property who has agreed to take back a mortgage in a sale of the property to you.No, not unless you had that agreement in writing with the owner of the property who has agreed to take back a mortgage in a sale of the property to you.


What is the typical commission rate for a realtor when a property is listed for sale by owner?

The typical commission rate for a realtor when a property is listed for sale by owner is around 3 to 6 of the final sale price.


What is the typical commission rate for a buyer's agent when purchasing a property that is for sale by owner?

The typical commission rate for a buyer's agent when purchasing a property that is for sale by owner is around 2-3 of the sale price.


What is the typical commission rate for a buyer's agent when purchasing a FSBO (For Sale By Owner) property?

The typical commission rate for a buyer's agent when purchasing a FSBO (For Sale By Owner) property is usually around 2-3 of the sale price.


What happens to personal property inside house in foreclosure?

The owner can remove it and must do so promptly. Your possessions must be out prior to the day of the sale. As soon as the property is sold you have no right to enter the premises. If your property is not removed the new owner usually has a service with a dump truck take everything away.


What is a deed grabber?

"DeedGrabbing" is the process of getting deeds to tax sale property from the owner right before the owner loses the property to taxes.


What is the difference in a house being for sale and for rent?

A sale of real estate means the owner wants to transfer the property to a new owner in return for a price.A rent of real estate means the owner seeks to allow someone the use and occupancy of the property in return for a price, usually by the month.A sale of real estate means the owner wants to transfer the property to a new owner in return for a price.A rent of real estate means the owner seeks to allow someone the use and occupancy of the property in return for a price, usually by the month.A sale of real estate means the owner wants to transfer the property to a new owner in return for a price.A rent of real estate means the owner seeks to allow someone the use and occupancy of the property in return for a price, usually by the month.A sale of real estate means the owner wants to transfer the property to a new owner in return for a price.A rent of real estate means the owner seeks to allow someone the use and occupancy of the property in return for a price, usually by the month.


What happens to leasehold improvements upon sale of property?

Upon the sale of a property, leasehold improvements typically remain with the property unless otherwise specified in the lease agreement or sale contract. The new owner usually inherits these improvements, which can add value to the property. However, the treatment of leasehold improvements can vary based on local laws and specific terms negotiated in the sale. If the seller has invested significantly in these improvements, they may negotiate for compensation or a reduction in the sale price to reflect their value.


What happens to your personal property in home after foreclosure sale?

After the sale it is the property of the new owner. Of you have anythingthat you really treasure and didn't get out, you should ask the new owner. While he probably will ot give you anything of real value, they do not want your pictures and stuff. Perhaps offering to help clean up would be a fair trade for some possesions? They have no obligation to allow you access to anything you did not get out prior to the sale.


Do realtors receive a commission on for sale by owner properties?

Realtors typically do not receive a commission on for sale by owner properties because the owner is selling the property without the help of a real estate agent.


Where can I find Sale by Owner property?

"Sale by Owner property is often listed in the classified sections of newspapers. Recently craigslist has provided an excellent resource as well. In addition to these resources, simply visiting the neighborhood you wish to buy property in will often turn up potential purchases."


What is a new owner's relationship to the prior owner-occupant after a foreclosure sale?

The title is in the name of the person who purchased it at the foreclosure sale. Once the foreclosure deed is recorded the debtor has no right whatsoever to occupy the property. The new owner has no relationship or obligations to the debtor. The person who has had their rights to the property foreclosed has had abundant notice of the foreclosure. They should make arrangements to move out prior to the sale and make arrangements to remove their personal property before the sale. Once that deed is recorded they are trespassing if they enter the property unless the new owner has made an arrangement with them, in writing.