It would depend what is in the lease. Although this is an older question brought back to life, many landlords and tenants ask this all the time. Most landlords do not give access to teh basement, it does depend on type of home, area and the tenants. Coin ops are great revenue source and a plus for tenants who dont have to travel to a lundrmat.... more
I thought after signing papers the price could not change... After inspector comes out... I thought the only negotiation would be me as a buyer saying " hey these are bad I can fix your messup but I want X amount taken off the final price"
Then it is up to the seller to say okay that can be taken off or... no, my price is firm no lower.
Is it actually legal for the seller to have to charge me this obsered amount of money when I know I can get the job done for 3/4 of that price????... more
That is really hard to say ... it depends on the person.
Are you house shopping? What are you looking for/? What's important? Maintenance? Commute? Price range? Resale value? Investment? How long do you plan to stay in one place?
Happy to help on the specifics. It's not a good idea to speculate on the general, because it may not apply to a specific individual.
However, if you're asking for communities with high concentrations of young professionals ... then I was suggest checking out www.Century21.com .... where you can see the statistics for just about any zipcode ... or perhaps the CENSUS data.
As most people already answered, yes you can do this. However a couple points to consider that I didnâ€™t see mentioned.
1.) Make sure you wonâ€™t need the projected income to qualify for your loan, as this wonâ€™t be considered if using the property as a single family is your plan.
2.) Would that actually be the highest and best use of this type of property? If you canâ€™t get the proper zoning approvals to alter the usage, keep in mind that your tax and insurance rate will be higher than a single family home. Also, I would caution you to not remove kitchens etc without the towns approval for a conversion, because this could be an illegal usage of the property and you may need to restore it back to a multi family set up when itâ€™s time to sell to maximize your return and not run into any appraisal or town issues.
Melissa Mancini Bonito, Realtor, CBR, GRI
I lived on Madison Street and its one of the best neighborhoods in Fall River. Send me the MLS number or address and I will send email you the complete information kit including loan and valuation data. my email is Broker@reavolv.com or call 508-813-6875
Denis DaSilva Broker /Owner
This question was posted Feb 23, 2010.
The event occurred five yeas before that.
Everyone was looking for someone to blame but Bank of America, and Wells Fargo had a get out of jail free card.... more
Consult with a local attorney Tom Percy 508-828-1900, they will review your options. If you consider selling your property now that the market is improving. I can help 508-813-6875. You can check the estimated market value of your property by going to www.OnlinePropertyValue.com
Contact a licensed Realtor for helping you finding bank owned properties. I have a group of Realtors representing buyers who can help you obtain your real estate goals. This services is absolutely FREE. Call today 877-616-0330.... more
You want someone on your side to safeguard your interest in this transaction. If you work with your representative with no cost to you, how would that sound. Call today to find out more details on FREE Buyer Representations.
The person to talk to regarding this property is agent Jenny Pappas from Remax/ Right choice 508-951-0637. She is out of Fall River and she has several Cherry st properties. This may be under agreement but if not a good deal for the price. It does need work.