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What else can I help you with?
What does make general repairs on your property pay 25 dollars for houses and 100dollars for hotels mean?
that means you have to pay for it
What is seller conecessions?
Seller concessions refer to the incentives or benefits that a seller offers to a buyer to facilitate a real estate transaction. These can include covering closing costs, providing credits for repairs, or reducing the sale price. Seller concessions help make a property more attractive to buyers, especially in competitive markets or when the property requires additional investment. They can also assist buyers in managing their upfront costs, making homeownership more accessible.
Should you decrease your asking price on home when repairs need to be made?
It depends on the nature and extent of the repairs, and how badly they "need" to be made. Your real estate agent may as well earn their commission, see what they think about it.
How does bushfires effect economy?
the economy looses millions of dollars paying for repairs
What are the maintenance cost for a building?
The maintenance costs of a building vary based on square footage, use (commercial vs. residential) and location. I have heard that it is a good ideas to set aside 1 percent of your residential property's value for repairs every year. However, for a commercial building, you should consider pursuing an integrated building maintenance program. Costs vary based on the selected services.
Does assessed for street repairs count if the property is mortgaged in monopoly?
No they dont,it is an easy way to get out of playing street repairs.
What repairs is the tenant responsible for in the rental property?
Tenants are typically responsible for minor repairs and maintenance in a rental property, such as changing light bulbs, replacing air filters, and keeping the property clean. Major repairs, such as plumbing or electrical issues, are usually the landlord's responsibility. It is important for tenants to review their lease agreement to understand specific repair responsibilities.
Who has Responsibility of repairs to property in a Contract for Deed?
That issue should be addressed in the contract.
What are the hidden costs associated with owning a rental property?
Hidden costs associated with owning a rental property include maintenance and repairs, property management fees, vacancy periods, property taxes, insurance, and unexpected expenses like legal fees or major repairs. These costs can impact the profitability of the investment and should be considered when budgeting for a rental property.
Can a buyer of real estate property place a lien for repairs to property prior to the closing date?
No. The buyer has no authority to place a lien on the property and no cause of action for which to sue.
Can a loan be obtained against real estate property to initiate repairs if that property is secured in an Irrevocable Trust?
Yes. The trustee must sign the mortgage as the owner of the property.
Who is responsible for the home repairs when in a reverse mortgage?
The home owner is responsible for repairs to the property. Depending on the amount available under the reverse mortgage, funds from the reverse loan may be available to make those repairs.
Is painting a leasehold improvement?
Painting can be considered as repairs and maintenance as it is part of maintaining the property.
Is the mortgage of a rental house considered a business expense?
yes. along with repairs to the property.
What are the benefits of homeowner repair insurance for individuals looking to protect their property and finances?
Homeowner repair insurance provides financial protection for unexpected repairs and maintenance costs for your property. It can help individuals save money on costly repairs, provide peace of mind, and ensure that their property is well-maintained.
Who is entitled to property depreciation after repairs owner or contractor?
The person who is entitled to property depreciaiton after repairs between the owner and contractor is the owner. The contractor comes in to fix things and if he doesn't do it right, he can be sued. But if the work was done right, the owner is responsible.
Are commercial tenants responsible for roof repairs on the property they lease?
In most cases, commercial tenants are not responsible for roof repairs on the property they lease. The responsibility for maintaining and repairing the roof typically falls on the property owner or landlord. However, the specific terms of the lease agreement may outline different responsibilities for both parties. It is important for tenants to review their lease agreement carefully to understand their obligations regarding maintenance and repairs.
