Mortgages Real Estate Investments Plus
Home Loan Deals & Mortgage Refinancing Tips
|
|
|
|
|
| |
|
|
|
|
| |
|
Be A Successful Loan Officer - Insider Land Secrets - Building Business Credit - Mortgage Secrets - Personal Loan - Bad Credit Loans | |
|
You are free to use content from this page in your blog or website, in return for a link back to this page from that blog or website.
Landlording And Other Aggravations
Here's the gripping story... You are the landlord of a small apartment building that you are offering for sale. You find a buyer and a sale is arranged. The tenants learn of the sale and ask if they will be forced to move. How do you answer' You explain that it depends upon the lease agreement. If the tenant signed a lease they have the right to remain in the unit at least until the end of the lease... longer if the new owner agrees. In many cases the tenant signed a lease and remained after the lease term ended. At that point their occupancy became a month to month tenancy. A month to month tenancy can be terminated merely with the landlord giving notice to the tenant. The length of the notice may be governed by state law, but a 30-day notice is customary. In another situation the tenants learned that the apartment owner was in default on his monthly mortgage payments and the lender had begun a foreclosure action. All the tenants had time remaining on their apartment leases and they had no intention of moving. Bad news for the tenants... real property foreclosure law states that junior liens and leases are extinguished by a foreclosure. This means tenant leases do not have to be honored by whomever buys the property at the foreclosure auction. The tenants will receive due process by receiving a notice to vacate and if they don't move they will face an evicton lawsuit. About The Author Mark Walters is a real estate investor and author. His published works can be found at his web site: http://www.CashFlowInstitute.com
Cat 10542 |
|
|
|
RELATED ARTICLES
Buying A Home ' Rain, Sun, and Weather Issues When buying a home, it can be easy to overlook year-around weather issues. You may think you are purchasing a home in a sunny area, but come to find there is always a heavy cloud cover. This is just one of a number of weather issues to consider when selecting your dream home. For Sale By Owner Listings Selling your home on your own, without a Realtor, is becoming less and less popular. This is surprising, considering that home values have skyrocketed and commissions have risen along with them. An Estate Planning Primer An estate plan can be designed by clients and their professional advisors to achieve the client's personal and financial objectives. Or, it can be an arrangement imposed upon survivors by state intestate succession laws if someone dies without a valid, up-to-date will. Even though a will is the most basic estate planning tool, two out of three Americans die without one. Budgeting Your Log Home: Where Do You Start' The Log home industry has matured these last many years, but there is still a lot of confusion about how much a log home costs. Naturally, everyone wants to know the cost of the log package; however, the budgeting only starts here. If you are shopping for a milled log package (as opposed to hand-crafted, which is a totally different category), the difference between one manufacturer's price and another is minimal when compared to the total cost of the structure. Here are some reasons why: Selling Houses Fast: Basics of Design & Color Psychology Fixing up houses to ready them for sale includes a design plan for needed changes. Save money on transformation costs by choosing design details right the first time. Make more money from your home sale by choosing design details that catch the attention of buyers in your price range. High Profit Real Estate Investing--Make a Good Deal Every Time! Knowing what a Good Deal is ' Is the Key to Success in Real Estate. Big Discounts With Property Investment Clubs' A stagnant stock market, low interest rates and booming property prices over recent years have lead to more and more personal investors deciding to join property investment clubs. 10 Things You Shouldnt Do When Youre Buying a Home Home Buying Don'ts 6 REASONS for Investing in Florida Real Estate Investment Property NOW I invite you to take the next few minutes to learn the truth about the real estate market, how it compares to other methods of building assets and why it is such a lucrative form of investing. Many potential investors will say, 'I need to get into the Florida Investment Property market', especially taking into account current stock market fluctuations and the HOT market for investment properties, but simply don't know the facts about Orlando property investing and how to use sale and leaseback method of property management. Choosing a Realtor Purchasing a property, either as an investor or as a prospective homeowner can be one of the most exhilarating and frightening experiences of your life. In both situations it is imperative that you find just the right property at the right price. With so many options to choose from it can quickly become overwhelming. Start with Credit Unions to help you make the most of this exciting purchasing process. A Real Estate Primer There are a great many books and web sites devoted to real estate investing out there, but most of them concentrate on one specific area of investing. It's often hard to find a general description of real estate investing, one that lists the various real estate investing strategies and how to get started. That's what this article will set out to do. Real Estate Lease Option Danger Why are real estate investors having so much success offering "rent to own" homes? Ten Myths Of Real Estate Investing Is real estate investing only for the wealthy? Can you buy with no money down? Do you have to know the "right" people? Let's answer by looking at some of the myths of real estate. How Do I Implement The Lease Purchase Plan' Well, as we have discussed in previous newsletters first you have to set up goals for yourself, both long term and short term. Don't forget these goals define how your business is run. They will determine what you do on a daily, weekly and monthly basis. The best way to do this is to picture yourself a year down the road. Close your eyes and get a mental picture of where you want to be, what you want to have, how you want to look, then open your eyes and write all that down on paper or speak into a voice recorder. Real Estate Investing - Protect Your Privacy An irate tenant or disgruntled home-buyer, with the help of a willing attorney, can readily prompt a property search for a property owner in public records. The target of the search becomes someone who has deep-pockets as reflected in real estate assets. 7 Different Ways Anyone Can Become a Real Estate Investor Being a real estate investor is not really that hard, Sometimes you do not need any money down. Other times you do not need any of your own money down. Below are 7 Methods to buy property and earn money. Choosing An Estate Agent With so many estate agencies vying for your business, choosing the right agency can be difficult. We have put together the following top ten tips to help you find and use the most appropriate estate agent to sell your house. Home Selling: Making It Easy On Yourself! It's a dream for many to buy and take ownership of a home. It's something one aspires for in their lifetime. On the other hand, when it comes to home selling, the task at hand may be little less of a sweet dream and more of a nuisance for many. Be there real estate boom or no boom, selling a home can be a quite a time-consuming process and may not be as easy as one may imagine. Cutting Edge Real Estate, Is the Bubble Ready To Burst' Of course, this is the big question in real estate now. . . Real Estate Feasibility Study (Cost Side) - $1.2 Billion Developer Tells You How To Do One There are two sides to real estate development feasibility study: The Cost Side & The Income Side.
|
 |
| Copyright © 2009 www.dovada.net.au |
