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07111 : Real Estate Advice

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  • Home Buying3
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Activity 15
Thu Feb 26, 2015
pdickens answered:
what is the interest for a principle of 1200 and the rate was 0.013% for an entire year
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Sun Dec 22, 2013
Rahzhak Mizhauni answered:
Sun Dec 22, 2013
Rahzhak Mizhauni answered:
Quick answer:
Was the house mentioned in the divorce decree(dissolution case)? Check court records.
0 votes 6 answers Share Flag
Sun Dec 22, 2013
Rahzhak Mizhauni answered:
First year: 2.04
2nd : 4.08
3rd:6.02
4th: 8.16

ie:p/w=% or p/%=w or %xw=p...5100x.04%=2.04x4=8.16
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Fri May 31, 2013
Jim Driscoll answered:
It is calculated of the tax return with an average of 2011-2012 unless 2012 is less then they take the lower. If the down payment is part of the assets then the income would be reduced by the percentage of assets ... more
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Wed May 29, 2013
Andrew Tisellano answered:
Hi Robbin

Speak to a realtor that can team up with the right attorney to cover all your options and find out the best plan of action quickly. Bankruptcy should be your last resort. List and sell your is usually better and can buy you time. Contact me as I have experience in the Newark area with short sales ... more
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Sun Apr 28, 2013
Andrew Tisellano answered:
Tue May 1, 2012
Ibrahim Hughes answered:
Hi Franz:

Here's the information you requested;
http://tax1.co.monmouth.nj.us/cgi-bin/m4.cgi?district=0714&l02=071403067____00024_________M
0 votes 2 answers Share Flag
Wed Oct 12, 2011
Mimi Davies answered:
Sutwan

Since you want to sell asap, start by establishing what result you want to achieve:

- Is your property paid off or do you still have a mortgage on it?
- How much do you owe on this mortgage?
- Do you want to sell asap hence your agent can disclose this as "Seller motivated" which will attract potential buyers
- Are you moving to a new place and you need a short escrow so you can use the sale money to pay for your new house? Or will you need to rent another property? Ask your agent to negotiate your per day per diem.

My recommendations:
- Hire an agent asap
- Hold as many open houses per week as possible
- Price to sell and price aggressively (pull up your comps for references)
- When you are in escrow and buyers want to negotiate contingencies and repairs ect....your agent will guide you but a general rule when a seller wants to sell fast is that they'll be rather flexible to facilitate the transaction.

Good luck!

Mimi Davies
... more
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Wed Oct 12, 2011
NJJoany answered:
No, it is written into the Law. Here is the section to link to. We, too, are fighting to get back my deceased daughter's deposit back with 10 yrs interest. We will go to Small Claims Court with our demands (Law is on our side) & if we win, we get back double the deposit and double the interest. download a copy of the Secion on Security Deposits, highlighting the part on interest. Not only that, but the interest cannot be used for any repairs that are more than usual wear and tear and before the Landlord can deduct for repairs, they must show receipts. Double check it. Joan ... more
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Wed Oct 5, 2011
Shane Milne answered:
California state law does not require landlords to pay interest on security deposits, but some local rent control laws do - Campbell, CA nor anywhere in Santa Clara County is subject to landlords having to pay interest on deposits. You go to http://www.ci.campbell.ca.us/Building/Housing.htm and down in the Housing Services section lists Project Sentinel which does rent mediation (408) 243-8565 www.housing.org knows all about landlord/tenant laws in Campbell & the entire county. As far as I can tell, only Berkeley, Santa Monica, and San Francisco have a law that says the landlord must pay interest. ... more
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Fri Aug 6, 2010
Rahzhak Mizhauni answered:
U.S. Department of Housing and Urban Development (HUD)

One thought to you ...if you do not understand something...KEEP ASKING.

Resolve, do not be intimidated and do not feel inadequate or dumb. make that call again to who?

HUD.... Go to the source luv and keep asking until you understand..FULLY...be4 you purchase.
Do not RUSH....
Speical Note: Irvington, NJ is not what it use to be; But it truely need special attention-educated, caring and business oriented minds, in order for it to prosper.
Never purchase property (((BLIND))). Hint: Fight for answers in writting. Words mean nothing in regard to real estate. You might have to pay the local office a visit. :)
... more
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Wed Jan 13, 2010
Mike Linkenauger answered:
You sound like a very good canidate for a short sale!

Next step is to find a GOOD agent:
0 votes 15 answers Share Flag
Sun Mar 16, 2008
Corey Grushin answered:
To figure out compound interest earned Use Microsoft Excel. in cell A1 type 1425. underneath 1425 in cell A2 type '=A1*1.0025' then hit enter the number 1428.5626 should appear in cell A2. The take your cursor and place it on the botton right hand corner of cell A2 and a plus sign '+' should appear left click and hold the mouse and drag it down to row 73. this will give you the compounded interest of 3% for 6 years the answer in cell A73 should be $1705.651566 ... more
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