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Thank you very much. Your answer makes sense.

I own a Mobile home at a Mobile Park and pay space rent each month. The Mobile home is old and not-movable (it is not an RV). Electricity is paid by me but water is provided by the park. The electrical company just told me that the electric meter box (that provides service to my house) was...

I am thinking of selling a house but do not know how to select a broker. Does it matter if I go for a big company that has been around (i.e. Century 21, REMAX, etc.) and has the experience in marketing the property? Or should I go for a smaller company, which does not charge as much for...

I live in Oregon but the property in trouble is in California. Would you please let me know what would happen to my properties in Oregon if the one in California is foreclosed? Thank you.

On paper, I own the property, my name is on the title, so I am the mortgagee. I was thinking of transferring this property to an LLC, of which I am a member, so that if there is anything happen to the property (i.e. a shortfall of money due to the foreclosure), the bank will go after the...

I truly appreciate your responses to my questions. My other question is that if the bank forecloses the property and sells it for less than the amount that I owe (i.e. I owe $300,000 but they may sell it for $250,000. Thus, they would lose $50,000. Are they going to make me responsible for...

I helped a relative to buy a property. He has not paid the bank for 5 months, which I am not aware of (How STUPID I am). The property is now facing a foreclosure. He is $15,000 behind on the first mortgage and $5,000 on the second. The bank will foreclose on July 1, 2009. I have several...

Hi Gail, My rental agreement does not have provisions about pest control. I am thinking of mentioning this in future agreements (i.e. making tenants responsible). I will get the gel as you suggested. I have another question: this same unit is on a month-to-month lease basis. I am thinking of...

I have a 6-unit rental complex. One of the tenants complains they have cockroaches in their unit. Am I required to pesticide the unit? I am not sure if this is my job because the cockroaches may be caused by the way they live and the types of food that they eat, which attracts pest. Besides...