You need to look back at the lease. Typically they are written in favor of the complex and would not included a provision to let you break early due to home purchase. In my experience lately they want the whole lease payment. If you move out early you still owe it, as that is what is contracted. They may give you a break if they can release it, but I've also seen them lease everything else first. Your best bet is probably to try to time your purchase with the end of the lease, or find someone to sublease from you if your current lease allows it. You can also try to negotiate with them to terminate early, but realize they probably don't have to do this. One thing you can try to do is arm yourself with good information when you go to negoatiate. Know your lease backwards and forwards. Know their vacancy rate and current rent rates. Is your place full with a waiting list or do they have lots of vacancies. If their is a waiting list, perhaps they can rent your place for more than you pay now so it is beneficial to them to let you out early. Good luck.... more
Who are "they"? If you have a written contract executed, you should have everything covered.
Your realtor would have the answers or find them out for you.If this is a foreclosure and they accepted your offer in writing, they know, that they would have to make the place pass FHA appraisal( if they did agree that your offer consist FHA finance)
Without knowing details and see the signed contract, it is hard to answer your questions.
It raises more questions than give answers.
Andrew Muller, Realtor, Weichert Realtors, Loan Originator, Best Beach Lending
Sorry to hear you have encountered complications in your home purchase.
The correct answer to your question depends on the situation of the home you are purchasing and what is stipulated in the purchase agreement and the MLS listing.
For instance homes sold by banks (reo) have a very clearly stated declaration regarding for what they can be held accountable. This included appliances and repairs.
If you have attempting to purchase a home listed as "As-Is" you will encounter a different set of obligations regarding what the seller is responsible for and what they are not.
Of course a skilled professional is able to make all of these negotiation opportunities in each situation, but for some, that is just too much effort.
Take a look at the MLS listing. Is stove included in the appliance list? if yes, then you should expect a working stove, or money to purchase one, BEFORE you accept ownership.
You should expect the repairs to be completed before you take ownership. Check the repairs have been completed when you do the walk through before closing, or, verify the repairs have been completed by seeing the repair receipts or have your inspector take a second look. THE FHA appraiser will most likely need to verify the repairs have been completed by making a second visit to the house. Your real estate professional will ride shot-gun on this process to make certain unreasonable delays will not influence on the closing date.
Your real estate professional will understand this process and will be able to direct action as needed. What you are experiencing is NOT unusual.
Best of success in your home purchase,
Annette Lawrence, Broker/Associate
Remax Realtec Group, Palm Harbor, FL
727.420. 4041 -
1) Pull your credit report. Avoiding it will not solve the problem.
2) If your score is below 700, do something to fix it. If you'd like to speak with a credit counselor, call or send me an e-mail and I'll recommend someone.... more
The Escrow company works for you:
Go down there, ask for your Escrow Officer, and ask them about the double deposit.
I can see where you have been "mis-informed" twice, and I wouldn't wait for a third.
The Escrow Company will accept a check, but it must be a Cashier's Check. You should have been told this. And you should be able to get the money back now.
You now have two red flags.... more
what is your price range that you are seeking. I would like to help you find a property that will suit your needs. I look forward to working with you,
Keller Williams Realty Partners SW
If you're an individual owner, then you shouldn't be soliciting listings unless you're also licensed. If you want to get a listing of your own home up on Trulia, you'll need to work with a Realtor to put the listing up for you.... more
Hi, Thank you for your e-mail. Please let me know the home 's address you are asking about. See all listings and get free informaiton at www.BUY-SELL-RENT-FLORIDA.com. Julie Rosenthal Your Go To Florida Waterfront Expert Reattor (561)827-6789 firstname.lastname@example.org... more
I just checked on Google Maps for you. The nearest fire department seems to be located 2.5 miles away at 2601 W. Broward Boulevard.
Hope that helps!
Villa G Realty, Inc.
Tel: 954-816-7996... more
Hello Joyce, there are more options available than an HELOC. contact me at your earliest convenience.
I look forward speaking to you !
Juan J. Santos | Realtor®, | The Santos Real Estate Group at Keller Williams Realty | 2000 NW 150th Ave. Ste 1100 | Pembroke Pines, FL 33028 | O: 954.471.4406 | F: 888.970.7790 |
Email: email@example.com | Visit http://juansantos.yourkwagent.com... more
The timeliness of Trulia's listings is at times questionable. If you would like to get the most up to the minute availabilities or closed sales, you should contact a REALTOR. I can set up an automated email notification for you, which you may opt out of at any time. Let me know if I can be of further assistance.... more
Why would you NOT work with an agent? The buyer, typically, pays the realtors fee so it won't cost you anything. THAT is a no-brainer! Most For Sale By Owners' will offer a realtor a commission to bring them a buyer, so even if I saw a FSBO I liked I would ask my realtor to contact the owner and see what could be worked out. Even if the owner says 'no' you can simply reduce your offer by the amount YOU as the buyer are willing to pay the realtor to represent you.
Find yourself a buyer's representative. You will be very glad you did!... more
Best neighborhood is really a matter of personal preferences; keep in mind that opinions are oftentimes subjective, what may be good for one is not necessarily the case for another. When it comes to any safety/crime related issues, it's always best to contact the local police department with all your questions, hear all there is to hear firsthand. If unfamiliar with the area(s) do revisit more than once and at different times of day, possibly chat with locals/neighbors. Real estate professionals are prohibited from steering, enticing a buyer to purchase/rent, or not, in specific neighborhoods.
What price range?
Re/Max Advantage Plus
Real Estate Broker-Associate
Direct Line 561-251-5296
Toll Free 1-888-363-5910
Please click on this link to view a 45 second personal introduction video: http://www.youtube.com/watch?v=QwoJTyNldLw
Please click on this link to view Newsletter Housing Trends Newsletter: http://paulsaperstein.housingtrendsenewsletter.com
Please click on this link to view Homegain Premiere Club Certificate http://images.homegain.com/download/clubs/certificate?ai=2225554&ci=25
"DON'T MAKE A MOVE WITHOUT ME!"... more
If unfamiliar with area, do revisit more than once and at different times of day, possibly chat with local neighbors; also do contact the local police department with all your questions, hear all there is to hear firsthand; real estate professionals are prohibited from steering, enticing a buyer to purchase, or not, in specific neighborhoods...
If this was a short sale or REO property, you will have to take it up with the bank that is handling the sale. It happens quite often with these types of sales and every bank will handle it differently.
If this was a regular transaction,(non distressed no bank involved) the seller needs to transfer the property in the same or better condition at the closing as the property was when the offer was accepted. So if the appliances were there, they need to be replaced with the same or better then what was there at the time the seller accepted the closing, or make up the difference to cover the replacement.... more
You should talk to the owner and ask if he/she would consider a short sale. You can make an offer and the owner should submit the offer along with a short sale package to the lenders for their approvals.
Hopefully the lender approves a short sale and you purchase the house.
Good luck!... more