Real Estate

If I understand correctly, I am selling my home in July and I will be liable for pro-rated property taxes through the month based on my last year’s tax bill. (Wisconsin)

My question is: If I am buying a condo in July, from the developer, is he/she responsible for the same property taxes on the new condo? In other words, is the seller of property liable for the taxes until the time of sale?

Also, is this all handled at the closing??

Thanks,

All handled at closing.

Buyer is responsible from the day he takes title.

Seller to that point

Each pro rated

Developer is in most jurisdictions paying a master tax bill for the entire lot untill a CO is issued and a tax ide number is assigned for that lot; then the individual breakout going forward untill it is sold

Todays report I cover the latest developments in the Las Vegas High Rise Condo re-sale market. I discuss how MGM City Center High Rise Condos are predicted to out perform current Las Vegas High Rise Condos on the re-sale market. Included in this report are details about the Las Vegas High Rise Condo market re-sale numbers for 2009 and our current High Rise Sales numbers for 2010. The second topic I report on is how the Las Vegas High Rise Condo re-sale market has seen a surge in sales volume and why this is happening. Dont forget to subscribe to my youtube channel or blog for the latest information about The Las Vegas High Rise Condo market.

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I want to buy real estate property in Singapore, which is better option to go for… resale condo or new HDB or resale HDB flat?

If you have budget limit then go for resale HDB flat. For searching condominiums and hdb for sale in Singapore visit Propertyguru since they offer latest available hdb flats and condos for sale.

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Page Sullivan Real Estate Group, a full-service, independent Taos real estate agent offers an experienced staff of professionals to help you make informed decisions about the Taos, New Mexico real estate market.

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Taos, New Mexico, is like no other destination on earth. It is a place where Native American, Spanish, and Anglo-European cultures are proudly preserved through art and architecture, music and dance, food and festivals.

With four seasons and five environmental zones, Taos offers recreational opportunities as vast and varied as our spectacular landscapes. Mountain bike. Hike. Fly fish the Rio Grande. Ski or snowboard in world-famous Taos Ski Valley. Enjoy a round of golf at Taos Country Club. Ride a horse, a hot air balloon, or Class IV rapids. Back in town, shopping, sightseeing, and special events will continue to keep you busy. Dining is another exciting experience in Taos, with more than 50 independently-owned restaurants catering to every taste from traditional Northern New Mexico dishes to international cuisine.

Taos is also one of the oldest art colonies in the country, home to more than 80 art galleries and studios. Numerous area art tours and arts festivals, including the popular Taos Fall Arts Festival, draw large crowds every year. The performing arts scene is equally active, with world-class offerings in theater and music. Painters, sculptors, writers, dancers, musicians, composers, photographers, actors, filmmakers—all are drawn to the history, culture, and scenery of Taos.

Its no wonder visitors return to experience Taos over and over again, and, for those who decide theyre ready to purchase a primary, vacation, or retirement home in or around Taos, the Taos real estate professionals at Page Sullivan Real Estate Group are here to help. If youre interested in Taos ski condos, land or homes for sale in Taos, New Mexico, email us at info@taoshomepage.com.

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Hello,
I am currently involved in the purchase of a new condo in Quebec with my GF. We both have very different financial situations but have come to an agreement on our mortgage budget etc. The thing I’m wondering is if there are laws to protect each of our initial investments. By this I mean, if we ever sell or split up and sell, by law, do we each get our initial down-payments back. And what happens in the event of profit on a sale? If I put a 40% down-payment and she puts only 4%, does that mean I would get 86% of the profits? (50% +36% difference between us). Do laws exist to protect me or do I have to see a lawyer or notary to write up a document for us?

no law can determine what is in a person’s mind WITHOUT THEIR BEING A CONTRACT.

if you ever watch Judge Judy [putting aside her acerbic approach], what he feels and
what she feels are only feelings till they are reduced to writing BECAUSE, under the
[in the US]–Statute of Frauds, all Real estate agreements have to be put in writing to
be ENFORCEABLE in court.

you need no atty or notary…….you can hire one but it is not needed. YOU do need
an agreement between you two–that says "I am investing in this house, x dollars
and I expect x + ? [fiil in] back under the following circumstances……….

IT is that simple. IF what you put down is not contradicted by her, then you have
an agreement and when the condo has a purchase contract on it, you would take that agreement to a TITLE company [or someone who handles the closing papers for the condo] and they would
do the math and REMIT to each of you what your contract states you get.

YOU may ask for anything; there is no law covering what you can get.
There are laws for transfer fees and taxes; whether due at closing or at the end/beginning
of the next year……..

Available to guide you further

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http://www.214woodbridge.com . Start living the American Dream with this large and updated Metuchen ranch close to train station (Metuchen train station, just 2 blocks away).

Great opportunity to own a large Metuchen ranch, . A meticulous job in remodeling this cozy nest has been done. New hardwood floor throughout. Large living room with rich fireplace. Formal dining room with built-in cabinets. Large kitchen. 3 large bedrooms with closets. A lot of closets and storage room. Partially finished basement with family room. Oversized 2 car attached garage. Many recent upgrades, newer furnace & hot water heater. Close to Metuchen train station, bus, schools, shopping & major highways. Just unpack!

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Visit http://www.fastrealestate.net/New%20Mexico-29-properties.html To find more homes for sale in New Mexico

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I have lived in 2 condos in the same neighborhood and both of them are in foreclosure! The first unit the owner did not want to give me back the deposit and would not return any of my calls. I then stopped paying her rent and have not heard from her since. We moved out because we recieved court documents that the bank was giving the property back to the owner. So I move, I have to pay another deposit and I go with a real estate agent assuming I would be safe from a foreclosure. I explained to them my situation with the previous landlord and told them that I did not want to have to deal with another foreclosure, (being that the bank can kick you out with a 48 hour notice) So after living in the new condo for 2 weeks (AT A HIGHER RENT RATE BY THE WAY) I get served papers that the property is in foreclosure. I call the real estate agent and they tell me its a short sale. STILL WHY IS THE CURRENT OWNER POCKETING MY RENT MONEY!? I am beyond irrate, I told them I did not feel comfertable throwing away my money and until the situation was handled I would not pay them rent. They said that if that was the case they would evict me. Can they do this and what rights do I have? Moving is not cheap and it is a hassle! I am tiered of people taking my money and leaving me stuck with moving expenses!

No one is taking your money, you have no legal right to live in the property and not pay rent. This is you trying to steal the landlords money, not the other way around. They can evict you, and of course collect what you are trying to steal and the legal costs.

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Uh-oh.

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