Archive for July 2009

07.27.2009

Can I sue my mortgage broker for negligence ?

Applied for a French mortgage in mid September 07 and paid the broker £750 ! for a specific deal. When the papers turned up to sign mid December, they were nothing like what I had originally applied for ! Had to go with another lender, but same broker for another specific rate and the wrong [...]

07.23.2009

stuff and that?

* SALAD DODGER.
An excellent phrase for an overweight person.
* SWAMP-DONKEY
A deeply unattractive person.
* TESTICULATING.
Waving your arms around and talking bollocks.
* BLAMESTORMING.
Sitting round in a group, discussing why a deadline was missed or a
Project failed, and who was responsible.
* SEAGULL MANAGER.
A manager who flies in, makes a lot of noise, craps on everything, and
Then leaves.
* ASSMOSIS.
The [...]

07.19.2009

I know its a cliche but. I want to set up my own b&b in France. Where can I get either a mortgage or a loan?

Obviously I would need to be living there and therefore would have no source of income (which negates a French mortgage) and uk mortgage companies don’t seem keen on lending for a house in another country. I do have a business plan and can invest up to 30% of the costs. Any ideas received with [...]

07.19.2009

paypal payment to me vs. bank transfer: $1200 from French co. -1st time-which is better?

A French homestay agency that arranges rooms for tourists to stay here (NY) has asked whether I want to be paid through paypal or a transfer of $ (just about $1200, first time doing it for them; it will be rare) directly to my bank acct. what do you think is better tax-wise? It [...]

07.17.2009

How to market a vacation rental right outside of Paris, France?

I am planning to buy a one bedroom, 600sqf, to turn it into a short-term lease or vacation rentals in october 2007. Since it is located outside of Paris (Sèvres) a 10 mn walk to the nearest subway station, how can I entice people to come and stay at this place. They have so [...]

07.12.2009

Anybody have any expierience of French Leasebacks?

As a long term investment, are they worth it. I am not out to make a quick buck, but I would like a long term investment where I know that I am going to have my mortgage paid. How much deposit is required? Does anybody know any good websites?Mitsubishi

07.5.2009

Do I foreclose?

I bought a house with my French fiance’ 2 years ago. 1 year ago, he left me to move to Canada to be with his kids and left me with the house, to pay for myself. I am the only person listed on the mortgage, since he wasn’t a US citizen and had [...]

07.4.2009

why is the obama administration considering setting up a national bank to hold bad debts while handing out?

why should obama even consider a plan that the federal government, which has already given over HUNDREDS OF BILLIONS of our dollars to banks with bad loans (and who now have their hands out for another TWO TRILLION) open a “national bank” to buy up such bad loans and then sell them in time to [...]

07.2.2009

is it rude to celebrate your birthday all week long and expect your friends to keep paying for events?

I love my friend “Jane” but her week long birthday celebration is breaking my bank. She wants to go bowling ($35+ when you include snacks and drinks), have a movie night on Friday ($5 – 10 for snacks), AND go to an expensive french restaurant ($40)
Of course because it’s her birthday, we will all [...]