 Can I afford this apartment, or would I be getting too "over my head"? |
| I live in the Northeast region of the US, where costs of living aren't exactly the cheapest. I'm looking at an apartment that costs $905/mo for 1bedroom. This price is for a place in a ... |
|
 Wats the cost of living in USA? |
iam frm india and going for a masters degree in US, iam not taking a accomadation that the uni is providing, so pls tell me detailes the cost of living
the house
studio
guest ... |
|
 What can you do when someone you bought a house from did not make a significant disclosure? |
| We bought a house in September. The seller disclosed a mushroom farm nearby that causes a foul odor when they rotate their compost piles, but did not disclose that a military base nearby routinely ... |
|
 Should my landlord pay for broken washing machine? |
| I have rented a flat for 2 years and the washing machine was new and in the kitchen when I moved in, the landlord rented the flat with washing machine & tumbledryer in the new kitchen. It broke ... |
|
 Mortgage Rate questions? |
| Hi i recently purcased my first town home. My question is on the mortgage rates, i want to know if i got a good rate on my home. 100k home with a 6.75% fixed for 30yr? And i also have a question on ... |
|
 Does neighbor have to move boundary fence? |
| I am currently in the process of buying a home. The property is 30 by 100 ( all properties in the area are the same lot size). One of the neighbors has a boundry fence set up from inches at the front ... |
|
 Should I buy a house? |
| We have been renting a house for 5 years from my inlaws. We have a 3 year old daughter and would like something bigger. We have looked into renting something bigger, but it seems like the same ... |
|
 In Florida, what recourse do you have if your employer suddenly makes you sign a document that says they can? |
| Terminate you if you don't give a 100%? If they fire my sister in law before a certain date, she will lose 30K in real estate commissions and they know it. Her boyfriend just died and she is ... |
|
 How much rent should we charge our college grad daughter? |
| We have been charging our daughter $100 per month rent since she graduated college two years ago. We feel that this is low, but we wanted to help her get back on her feet. Does anyone know what a ... |
|
| Can a landlord go to a persons place of work to collect rent money? |
| i have a friend that is a single mom who rents and her landlord is always coming into the house when she is gone and the landlords wife is always showing up at her place of work to collect rent money.... |
|
 I have not received my security deposits from my past landlord and it has been over 3 months, can I sue? |
I did all the necessary protocol:
- I owed no rent
- Gave them letter notice of my move out at the end of my lease
The leasing agent and old property manager know they owe me my ... |
|
 I need a basic rental agreement setting up, what should I include? |
| I'm selling a property, but the buyer needs to move in quickly as they have to be out of their property in 2 weeks. Because my house isn't quite ready for sale yet, i.e.still full of ... |
|
 Can you break a rental agreement for a good reason? |
| My family and I just moved in about 3 months ago to an apt. the lady had us sign the papers before we saw the apt. but that's not the problem. We signed a 1 year lease and than as soon as it got ... |
|
 I need and can afford to buy a home but I have poor credit. Is there anything I can do? |
| My credit is bad, but I have an excellent rental history. I work in the gov therfore I can get a residental loan with my own money. I have about $10,000 in there. I would really like help in ... |
|
|  |
??? mmm | Council reckon my home under right to buy is worth £95000,its like house that jack built,can they do this? |
the bloke over the road bought a simalar property 2bedroom semi for £45000 2years ago under the same scheme.i just think they are trying to swindle me.they told me that i could bring in my own surveyor-and if the estimate is lower,then that would be the new asking price,but if estimated higher then that would be the new asking price..ive been a tennant for 4years here,but would like to purchase it.but think this is such an unreasonable price. |
 |
 
Part Time Cynic
 |
You're being greedy!
My mother-in-law can not afford to buy the council house she lives in. It a tiny roomed 2-bed endof terrace with room for a large extension which could effectively double the size of the house and she would still have a large garden.
When her husband was still alive he refused to buy. The price has gone up over time and now he is no longer around. When he died they wanted £83000. She couldn't afford it then. Now they want £125000 for it. She has lived there for 41 flipping years!! Yes, FORTY-ONE. And you're whinging cause they want £95.000 off you? Compare it and it sounds a very reasonable price.
Consider yourself lucky you got a secure Assured Tennancy instead. I can't get a council place to live in unless i am on means-tested benefits for starters. |
|
Bill
 |
The price seems reasonable, why do council house tennants think they should get property for free? I disagree with right to buy. |
|
Doctor John
 |
Can't buy a shed for under £100,000 these days bro. But you'll be getting a huge discount , so why complain! |
|
Michael H
 |
councils are fairly well open about how they work out valuations.
its quite possible that the price has doubled in 2 years.
Thier statement on surveyors seems really fair, we can't have it both ways. If you really are convinced its worth less then you will not need to hesitate, get the surveyor in.
I agree with Saffron. The council sell-off has distorted all the first-time buyer market because its taken all the good housing stock out of the tennent market. |
|
bostonianinmo
 |
Get it appraised privately. If it's lower, hand it over to the Council. If it's higher, keep it under your hat. Easy Peasy! |
|
julie g
 |
It seems fair - you've only been a tenant for 4 years, if this was longer than you'd probably get more discount |
|
SM
|
It all depends. Do some research on nethouseprices.com / rightmove.co.uk etc. Enter your postcode and see the prices for which the houses have sold. then work out how much yours might cost etc. also you havent mentioned your area. You can check up the HPI or halifax index for your area. Eg : assuming it has gone up by 10% over each year, it might be worth around 55K now. |
|
Princess
 |
How can you possibly say anyone is trying to swindle you?You get subsidised rent, and you're still being offered a subsidised sale price.
If I wanted to buy a place similar to the one I now rent in London, I have to come up with the full market value- meanwhile my full private market rent payments are not helping me get there. It seems quite clear that those of us on the private market are the ones being swindled. |
|
gordon3392
|
I think you should consider,,,i saw one on a poor estate ,,yesterday valued in estates agents window for £250,,000,,, |
|
confucious says
|
the bloke across the road probably had a larger discount than you you have only been a council tenant four years after all.
if he had had the full discount allowed £24800 and you add it to the price he paid it comes to £698000 not much difference.
however if he bought at top discount just before the £24800 was imposed the value then would have been £90000 so assume I am correct the valuation is not far away from the same taking into account inflation. |
|
lisajo
 |
Depends on what type of survey the council assessed the property on.because there are several types of value sought by a real estate appraisal.approaches to value your house could include cost approach IE estimation by summing the land value and the depreciated value of any improvements.another approach would be a sales comparison approach it looks at the price at similar properties in the area etc .i do think house prices are becoming a little ambitious,i do think we might be heading for a recession.but goodluck anyway |
|
morwood_leyland
|
You don't say where this property is - the link is to a "buy-to invest" site and gives some good clues on current values. Nothing in English cities under £95k and some SCottish at £80k. You say the neighbour bought two years ago at 50% but in some areas prices have soared. London is very higher but only Northern Ireland had rates at high as you suggest.
Use the secoind link to check property prices in your area - it is very accurate but of course different houses sell for different prices for different reasons - value is what a seller is prepared to buy for! |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
11 | 8 minutes(s) ago
| | | |
11 | 37 minutes(s) ago
| | | |
11 | 2 hour(s) ago
| | | |
11 | 3 hour(s) ago
| | | |
11 | 4 hour(s) ago
| | | |
10 | 9 hour(s) ago
| | | |
11 | 2 day(s) ago
| | | |
11 | 4 day(s) ago
| | | |
11 | 1 week(s) ago
| | | |
10 | 3 week(s) ago
| |
|
Homepage 
Financial
Forum 
Renting & Real Estate 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
