77003 : Questions & Answers

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Mark Mcnitt,…, Real Estate Pro in Houston, TX
Mark Mcnitt, ABR answered:
In the state of Florida is a Rental Listing Agreement with a Real Estate Broker valid if it does NOT have an ending date and Cancellation Clause?
Kathleen,

You posted your question in Houston, TX. You might want to repost with Trulia Realtors in Florida. Likely not valid if there are blanks, but always best to speak to a rea ... more
0 votes Share Flag Mon Mar 11, 2013 Rental Basics in 77003
David Dorfman, Real Estate Pro in New Jersey
David Dorfman answered:
The realtor helping me rent a house in Houston includes a 1mo comission not only for the 1st year, if the same tenant,but thereafter, is that standard
Well here's the answer.

On commercial property, we always get ONE MONTH RENT (which is 8.33%) per year.

We don't collect the entire commission upfront (say a 5 year lea ... more
2 votes Share Flag Wed Jun 15, 2011 Rental Basics in 77003
Bob Movin-On, Real Estate Pro in Hartford, CT
Bob Movin-On answered:
My home in Houston, Tx. was foreclosed and sold at auction. Does the second lien have to be paid off by the buyer also?
No if the first mortgage holder foreclosed the second has no rights against the buyer, who most likely was the foreclosing party (the first mortgage co). The second mortgage holder can ... more
1 vote Share Flag Mon Apr 12, 2010 Foreclosure in 77003
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