Q. MN resident considering renting a home in The Villages Fl January through March 2008. Haven't done this before. Concerned about getting scammed. A deposit of significant upfront money seems to be the norm. What steps should I take to make sure that I am getting involved with a reputable renter and that the property is what it is advertised to be? Any other tips on how to avoid disaster would be appreciated.
A. While I know of many people that have happy rented from private owners directly. Unless you have a local contact that can verify that you are dealing with the actual owner, I would recommend that you go through one of the local real estate companies, such as "The Villages Hometown Property Management". I and other people I've talked to have used them and were happy with their service. This in no way implies that you would not be even happier with another firm or dealing directly with an owner.
What should I look for when renting a houseboat for a vacation?
Q. I'm thinking about renting a houseboat for a vacation this summer or next. It would be for my and two kids (14 & 10) and we thought we'd take another couple to split the costs and their two kids (16 & 10). What do I want to be looking for when I rent a houseboat? Any special amenities? Do most rental companies let you tow a fishing boat or jet-skis with the boat? Any help would be appreciated. Thanks!
A. I love to be the captain so for me when I rented a houseboat it had to have a helm station up top and outside.
just a thought
just a thought
Renting a room in a home going through foreclosure in Orlando, what to do?
Q. I'm a student in Orlando, Florida, renting a room in a house within a gated community. Apparently the house is going through foreclosure. I dont have all the details because the "owner" wont give them to me. How can I find more information on the situation? What are my rights? I keep reading something about "cash for keys" in which the bank will give me time and money to move out? Can someone help, thanks!
A. This is a very messy situation. Technically if the property is in foreclosure, the true
owner, the lender has exercised their rights under the Mortgage to take possession of the property as the owner is not paying the mortgage. Technically, you Can also be evicted as you should be paying the lender. If this were a 2 family home, the lender could contact you and request payment be made directly to them. Since this is not the case, and this is a room you are renting, they probably do not know about you. If i were in your situation I would simply move out and save myself the headache. The other options is to contact the true owner directly and explain your situation to them and offer to pay them the rent directly. This could create an uncomfortable situation with the co-tenants though. You may be able to obtain the name of the lender through public tax records.....good luck.
owner, the lender has exercised their rights under the Mortgage to take possession of the property as the owner is not paying the mortgage. Technically, you Can also be evicted as you should be paying the lender. If this were a 2 family home, the lender could contact you and request payment be made directly to them. Since this is not the case, and this is a room you are renting, they probably do not know about you. If i were in your situation I would simply move out and save myself the headache. The other options is to contact the true owner directly and explain your situation to them and offer to pay them the rent directly. This could create an uncomfortable situation with the co-tenants though. You may be able to obtain the name of the lender through public tax records.....good luck.
What is the best way to purchase the home we are renting from my parents?
Q. We are currently renting a house from my parents. Their tax basis is roughly 1/10 of its current value. We would like to buy 60% of the house initially, and pay off the rest to my parent's over time. What would the tax consequences be and what would the best way to do this - or should we just continue to rent and buy another investment property?
A. Buy it on a land contract. You dont want to continue to throw money away by renting. Good luck!
Powered by Yahoo! Answers
No comments:
Post a Comment