Something About Nothing..........#5

[macraven]

Yes Mac ... the launch is actually the morning of the 10th (12:40 am) so we will be back in plenty of time for the tour

mac,u sure know your real estate!!!

The only thing I know about real estate is I will never sign a contract for deed without going thru a title company ever again.Your pretty much making a handshake deal doing this.We were 24 at the time and new no better!!
We bouht are house like that,and after 12yrs of paying,the lady did not want to sign off on the lien. after many times contacting her she changed her phone#or so we thought.We come to find out she passed away..She lived in Illinois,so probate and such would have been a hassle.
We hired a lawyer and we got a clear deed from him doing a quit claim.
Only cost us additional $3000

So make sure you go through a title company is all I can say!!!!!!!!!!!

what a nightmare that had to have been for you.
aren't you glad that is behind you now....


always use a title company.
then is there are any ..oops.......they are financially responsible for it.


keisha is the expert here on real estate.
she has her license still and is very good at that.


i betch'a she could sell swamp land in florida and get you a bargain...

 

[Metro West]

We've always missed the previous launches by just a few days so are making a point of seeing this one ... let's hope they keep things on track for the morning of the 10th!

Yes...keeping the schedule is very important but it often changes. Let's hope you can see it this time.

 

[minniejack]

once you close on the house, it is yours legally.

the people in there must move out or pay you rent for each day they stay there if you have your lawyer set that up.

if you have the lawyer write up the contract as:

must be out of the house by time of signing, sellers will then be considered tenants and pay $300. per day for each day after closing date.


that will make them move very fast.
and it will cover the rent you would have to pay on your present place.
we had one situation where the cost was $500 per day once we stayed past the closing. we moved the night before and finished at 11:50 that night.


you are not in a good situation if they do not move out prior to signing.
whenever you are to close on a house, you must do a "walk thru" of the new empty house to see if there are any damages or something that has been removed from the house that was specified to stay. you bring that up with the lawyer before the signing then. he can write amendment to the contract.

if you do not do a walk thru prior to closing, you are out of luck and in a legal entanglement to take course of action to correct the issue.

what if they move out as renters and make a hole in the wall.
who will fix that?
what if they tear up some of the carpeting, or someone spills red kool aid on the carpet and ruins it.......again, who is responsible?


if you tell the lawyer to tell their lawyer you want $2000 deposit before they become renters, you will then have the money to repair anything they destroy or damage before you take full possession of the place.


i strongly urge you to contact your real estate lawyer and handle this situation before the day of closing.

if you do not take care of this issue before the closing, you will feel compelled to sign anything and hope it all goes smooth for them to give up the place by the first.

charge them a hefty deposit fee for a tenant if they refuse to move out by the time of closing.

charge them a daily rate of astronomical charge for each day past the closing.


you are closing on the 20th.
they don't want to move until the 7th.

that is not your problem.

you own the house at the time of signing.
see your lawyer....



we "lost" our first house.
this was before kids. it took us 8 years after that before we were able to buy a house then.....


we allowed the lawyer to let the family stay in the house for an additional 2 weeks so the kids could finish the school year.
the family was to move as the man took a transfer to another state.

during that 2 week time period, the man was laid off.


he wanted to stay and readers digest version, since we allowed additional time, we had no recourse. we recieved all our money back but still had to pay our lawyer and didn't end up with the house.
we were stupid.
we were trying to be nice as we didn't have kids at the time and it backfired on us.

then, we had to find another apartment in chgo as we gave that place up.

talk about scrambling in a matter of 14 days for us to relocate was a nightmare.

you don't have to listen to my suggestions but do talk it over with your wife and lawyer for their thoughts and ideas.

take it from someone who has moved 5x in 5 years

 

[donaldduck352]

what a nightmare that had to have been for you.
aren't you glad that is behind you now....


always use a title company.
then is there are any ..oops.......they are financially responsible for it.

[/SIZE]

You ever heard of the luck of the irish.Well it skipped me!!ID theft-real estate issues-tent city.Were is the luck Sometimes its like spinning my wheels for nothing!!

But got too keep a stiff upper lip!!

 

[keishashadow]

Yes...keeping the schedule is very important but it often changes. Let's hope you can see it this time.

we've attempted to work our trips around shuttle launches , yet they were always delayed, did get to see a Delta rocket from jetty park & up close tour of Cape Canaveral, seeing shuttle being built & the launch pads, etc.; one of the best experiences we've had

Atlantis is scheduled to launch in Oct, Endeavor will launch in November; yet is at the ready jik a rescue mission would need to be activiated

that story re getting detained is scary stuff shame it took so long to clear

 

[keishashadow]

keisha is the expert here on real estate.
she has her license still and is very good at that.


i betch'a she could sell swamp land in florida and get you a bargain...

don't have my license in FLA - yet

St L: mac laid it all out just fine!

repairs need to be verified & signed off on, typically proof sent to mortgage company or u cannot close if it was an item that failed home inspection

do u need city/county inspections in ur area? (real estate agent-who i hope is a realtor-will know) If so make sure they've been completed & submitted too, along with the lien letters (water bills paid, etc....everything a good realtor takes care of so u don't have too...support ur local realtor lol)

lastly, once the tenants/owners have vacated the premises, do a final walk thru with the RE agent. Especially, with tenants, you'd be shocked @ the appearance of some houses after the furniture is removed. I've seen kitchen cupboards, light fixtures, bathroom vanities removed, even wall to wall carpet ripped up (we won't talk about copper pipes that have gone missing )

good luck, do a happy dance once u close

 

[donaldduck352]

I got a great song for HHN.Wish I new how to change the video for the people that get scared and start runnig away from scareactors.Maybe someone out ther can do it.Or if copywright laws donn't prohibate it,post it.It kinda fitting..Here it is:http://www.youtube.com/watch?v=bHoPYLQvnQM

The lead singer is scary enough!!!!!!!!

 

[minniejack]

I got a great song for HHN.Wish I new how to change the video for the people that get scared and start runnig away from scareactors.Maybe someone out ther can do it.Or if copywright laws donn't prohibate it,post it.It kinda fitting..Here it is:http://www.youtube.com/watch?v=bHoPYLQvnQM

The lead singer is scary enough!!!!!!!!

I love that song--the guy with the log reminds me of Hagrid and there's a castle.....use it next year?

 

[Cdn Friends of Pooh]

Yes...keeping the schedule is very important but it often changes. Let's hope you can see it this time.

... we don't leave for home until the 20th, so if we miss it on the 10th, I'm hoping we'll still be able to catch it

... our luck they'll change it to the early morning of the 11th when we can't go
(our RIP tour is booked for the evening of the 10th and Mac won't excuse us to go )

... any other night is fine with us ...

 

[donaldduck352]

I love that song--the guy with the log reminds me of Hagrid and there's a castle.....use it next year?

Good idea-HP theme..

 

[bubba's mom]

Good Sunday mornin' everyone....

Off to soccer, then out to eat...and home in time for football game


Have a great day off everyone!

 

[macraven]

IT IS WAKE UP TIME....................



got your backs
catch youse later

 

[macraven]

(our RIP tour is booked for the evening of the 10th and Mac won't excuse us to go )

... any other night is fine with us ...

i read that......


i'm doing a nose count at 6:30 pm on oct. 10th....
youse guys will be there...

 

[roseprincess]

once you close on the house, it is yours legally.

the people in there must move out or pay you rent for each day they stay there if you have your lawyer set that up.

if you have the lawyer write up the contract as:

must be out of the house by time of signing, sellers will then be considered tenants and pay $300. per day for each day after closing date.


that will make them move very fast.
and it will cover the rent you would have to pay on your present place.
we had one situation where the cost was $500 per day once we stayed past the closing. we moved the night before and finished at 11:50 that night.


you are not in a good situation if they do not move out prior to signing.
whenever you are to close on a house, you must do a "walk thru" of the new empty house to see if there are any damages or something that has been removed from the house that was specified to stay. you bring that up with the lawyer before the signing then. he can write amendment to the contract.

if you do not do a walk thru prior to closing, you are out of luck and in a legal entanglement to take course of action to correct the issue.

what if they move out as renters and make a hole in the wall.
who will fix that?
what if they tear up some of the carpeting, or someone spills red kool aid on the carpet and ruins it.......again, who is responsible?


if you tell the lawyer to tell their lawyer you want $2000 deposit before they become renters, you will then have the money to repair anything they destroy or damage before you take full possession of the place.


i strongly urge you to contact your real estate lawyer and handle this situation before the day of closing.

if you do not take care of this issue before the closing, you will feel compelled to sign anything and hope it all goes smooth for them to give up the place by the first.

charge them a hefty deposit fee for a tenant if they refuse to move out by the time of closing.

charge them a daily rate of astronomical charge for each day past the closing.


you are closing on the 20th.
they don't want to move until the 7th.

that is not your problem.

you own the house at the time of signing.
see your lawyer....



we "lost" our first house.
this was before kids. it took us 8 years after that before we were able to buy a house then.....


we allowed the lawyer to let the family stay in the house for an additional 2 weeks so the kids could finish the school year.
the family was to move as the man took a transfer to another state.

during that 2 week time period, the man was laid off.


he wanted to stay and readers digest version, since we allowed additional time, we had no recourse. we recieved all our money back but still had to pay our lawyer and didn't end up with the house.
we were stupid.
we were trying to be nice as we didn't have kids at the time and it backfired on us.

then, we had to find another apartment in chgo as we gave that place up.

talk about scrambling in a matter of 14 days for us to relocate was a nightmare.

you don't have to listen to my suggestions but do talk it over with your wife and lawyer for their thoughts and ideas.

Sorry this happened to you, Mac

Very good advice, tho

 

[roseprincess]

don't have my license in FLA - yet

St L: mac laid it all out just fine!

repairs need to be verified & signed off on, typically proof sent to mortgage company or u cannot close if it was an item that failed home inspection

do u need city/county inspections in ur area? (real estate agent-who i hope is a realtor-will know) If so make sure they've been completed & submitted too, along with the lien letters (water bills paid, etc....everything a good realtor takes care of so u don't have too...support ur local realtor lol)

lastly, once the tenants/owners have vacated the premises, do a final walk thru with the RE agent. Especially, with tenants, you'd be shocked @ the appearance of some houses after the furniture is removed. I've seen kitchen cupboards, light fixtures, bathroom vanities removed, even wall to wall carpet ripped up (we won't talk about copper pipes that have gone missing )

good luck, do a happy dance once u close

Great advice from Janet, too

 

[roseprincess]

Good morning homies

No church last night, but going to church this afternoon(special worship concert this afternoon)

Well, Cubs clinched the central division yesterday!!!
Sorry, mac, we beat your Cardinals

Hope everyone has a great day!

 

[Cdn Friends of Pooh]

Happy Sunday to all ...

 

[RAPstar]

I feel like Cinderelly, all I ever do is work work work!!! But I posted 2 days of my TR for all you lovely people to peruse. Now off to watch Hellraiser and The People Under the Stairs.

 

[macraven]

I feel like Cinderelly, all I ever do is work work work!!! But I posted 2 days of my TR for all you lovely people to peruse. Now off to watch Hellraiser and The People Under the Stairs.

off in a flash to go read it.


i have been waiting a long time the this next episode.....

 

[Cdn Friends of Pooh]

OK gang ... for those of us heading to HHN, I posted a link to some pictures in a few of the houses the Orlando Sentinel had reported on --> here