 Is a house even a good investment? |
| I was thinking about it i think it's a crappy investment. First of all, you pay double just in interest through the lifetime of the house. Plus to don't even own it until you finish paying ... |
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 My tenant burned down my house but paid rent for next month already? |
| Do i have the right to keep his rent money for the month that hasn't yet arrived? The house will now be inhabitable for at least 4-5 months and it has been determined by fire officials that the ... |
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 Do I have to use this real estate company if they let me see the house? |
| I was driving a neighborood and saw this cute house for sale. I don't have an agent yet, but have somebody in mind I want to work with, but not yet. Anyway, I was thinking about calling the ... |
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 Is it a good time to buy a house? |
| My husband and I have been talking about buying a house, since house prizes are going down. But some people tell us interest is going up! I never own a house so a have no idea what to do if in fact ... |
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 Do you have to pay for your last day in a rented property? |
| I left a flat after appropriate notice. We wanted 5 extra days but we have been charged for 6 as we left the property before 0900 AM. The rental office say they charged because I stayed in the flat ... |
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 How old do you need to be to able to buy a house? |
| I have a simple question. How old does one have to be to be able to buy a house? Is there a certain age? Mostly this question is about age. If anybody can help I would be so thankful.... |
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 Is there a risk of owning a house from 1906? |
| I am looking to buy a house from 1906 and i have 3 kids and wanted to know if i have to worry about anything, like Lead Poison, things like that.... |
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 How do i get out of my lease, my husband and i cant afford the rent anymore.? |
| we cant afford our rent anymore and want to get out. there is like no loop hole to this lease and even if we tried to get evicted we would have to pay all the court fees because of this stupid lease. ... |
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 What are the main signs of damp in a house that is up on the market apart from the smell? |
| Me and partner have seen a house that we really like. The vendors accepted an offer but the sale collapsed because the new buyers thought the house was full of damp. What are the main signs, and how ... |
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 How does an interst only mortgage work? |
| I heard you can get a 25 year mortgage were you just pay interest, but what happens then, do you spend anothe 25 year paying for the house! I dont get it!... |
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 Moving advice needed!!? |
| my bf and i live on a 3rd floor apartment w/ just steps to get in and out....we we have to move alot of stuff and most of it will be moved by just him and i ( im 5'2 105lbs hes 6'2 200lbs) ... |
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 Refinancing our home, is this a good deal? |
| Ok, here's the basics. Our credit is not very good due to a few late payments and the few credit cards we have being very close to being maxed out. Our current mortgage is for $188,000. Our ... |
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 Interest only mortgage? Is it the best way to go? |
| My partner and I are currently looking to buy our 1st home together. We are using a financial advisor and he is trying to get us to take an interest only mortgage for the 1st two years. However, I ... |
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 I was lied to. Legal Advice? |
| About 2 years ago, my aunt, a real estate agent, wanted me to help one of my uncles co-sign for a house that they couldn't afford. I agreed to be their co-signer since my credit was pretty good ... |
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 Is my credit score high enough? |
My fiance and I want to buy a house. He has a high credit score and a full time factory job. I am currently an unemployed, part-time student with $7200 credit card debt from school.
We were ... |
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 Renter wants $1600 Disability check deposited to my Acct for $550 rent. I give him the difference. Scam? Why? |
| The renter says he had trouble previously because he had been in a coma for 6 months and presumed dead. Now wants me to be his legal guardian and have the $1600 check deposited. $1600 is what he paid ... |
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 Do I have to be there? |
| My father lives in Philadelphia. He recently told me that he wants to add my name to his house. I live in NC. He wants me to go to Philadelphia so that my name can be added. It will be inconvenient ... |
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hers1357 | As a first time buyer, should i buy a house in the current UK economic climate? |
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jackie m
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It is a great time because the house prices have dropped and there is plenty to choose from, make sure, if you get a mortgage to take a good mortgage protection in case you loose your job. |
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Oh no!
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If you can get a mortgage then yes, prices are not going to keep dropping forever. |
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expert_ease
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I agree if you are buying a house to keep for the long run and not as a quick investment, as after you get your mortgage you will prob end up in negative equity for a while where your house is valued less then your mortgage. But if you can ride this out and arent planning on selling it again for a while then the value will increase. Dont get caught out and be left with a property that is worth less then your paying on your mortgage leaving you struggling. |
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Rach
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Yes. But only if you can get a mortgage that does not stretch you too much and you look at it as a home/long term investment rather than a cash cow. With so few homes and so many people in the UK, the only way is up even if it does take a little while longer! |
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southy
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buy now its a great time to grab a bargain,just make sure you can get a mortgage though as they could be quite difficult at the moment as you will need to have a pretty good deposit to get a good deal... |
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WelshLad
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If you can get a mortgage, then go for it. |
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mrs v
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depends, if you've got a high deposit to put towards it and can get a mortgage then it's a great time to buy as house prices are so low. If not then keep on renting for the time being. |
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laura
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I agree with 'Oh no!'. definatley!!! |
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COLIN T
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Sorry but i just do not agree with the people saying now is a great time to buy. Buy now and 6 months from now you will be kicking yourself. Things are going to get a lot worse yet and house prices today will seem lala land a year from now. When the market finally bottoms there will be so many repossessions in the market that recovery will take some time and you will have to be deaf and blind to miss the boat. |
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FluffyPinkThing
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There has never been a better time to buy, you can pick up a bargain! |
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number one fighting chicken
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You never can tell but my best guess is that house prices will fall by at least the same amount, why?
1) The resession has not really started yet, it very likely that a lot of people will lose there jobs and not be able to afford their current morgages, forceing prices down.
.
2)Its likely next year that the outstanding amount of morguage debt will fall, this is very unusal, and without enought credit in the market prices will even freeze, or prices will have to fall.
3)House prices are above the long term trend. |
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