Would a garden pond put you off buying a house? |
| were putting our house on the market soon, we have two fish ponds in the back garden one is quite large 10ft x 6ft x 3ft deep and is home to ghost Koi,the other is a lot smaller and just has goldfish,... |
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REVENGE! How can I get my landlord back? |
| I moved out yesterday. My landlord was a real deadbeat and a jerk - refused to fix the broken toilet, wouldn't let me have guests for more than 2 days, put threatening notes on my visitors'... |
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1 year from now will your home be worth more or less than it is today? |
Additional Details Based on the current market, economy, politics, location, etc. do you BELIEVE your house will be more...... |
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Apartment roof leaked, computer destroyed, is my landlord liable? |
This is for a friend. I am on here to get information to help her.
She lives in California, 3rd floor (top floor), of an apartment building.
The roof leaked 1 month ago and a ... |
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House prices? |
we are in the process of looking for a house to buy, do you think that house prices will come down eventually? Additional Details house prices in the ... |
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Is $875.00/month too much to charge for rent? |
| I have a 4/2.5 bath home (1352sq ft. not including the Florida room) I want to rent but I'm not sure if I'll be charging too much or too little considering I want the tenant to to provide ... |
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How do i find out the exact boundry of my property? |
| the council think my fence is bows on to sa publick highway and i need to find exact ... |
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I need help what Christmas? |
| i have three kids the ages are form 5 to1and a half and i had to move out of my house because they sold it and i had to move out because they up the rent on me and i could not pay what they wanted so ... |
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How can the government be so blind? |
| please expain to me how a nurse I work with can get help from the government to buy a house? She is a single mother with a 13 year old child, makes good money, and has already purchased one home in ... |
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If you are living in rented accommodation? |
| does the landlord have to provide a key for each tenant or do you have to get your own cut.......also should the house be clean ..........finally the back yard is full of rubbish who should get rid ... |
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Are house prices going to fall in the new year? |
Additional Details We're moving from a semi to wait in rented for the ideal property (hopefully) a detached in the NW of England. From the answers so far, doesn't look like I ... |
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My house is worth 256,000 less than I owe...? |
| I am very nervous because my house has dropped significantly in value. We owe $642,000 on it and according to zillow.com it is worth $386,000. We have 3 mortgages on it 1st for $405,000, second for ... |
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WHAT ABOUT THE ONES THAT ALREADY LOST THERE HOMES? I WAS A HOME OWNER FOR 12 YEARS I WANT MY HOUSE BACK. HELP? |
I WORKED HARD FOR MY HOUSE AND I COULD AFFORD IT TOO.
I THINK IT IS MY ERROR BECAUSE I LACKED KNOWLEDGE OF ARMS AND HOW SUB PRIMING WORKED. (MY FAULT).
BUT I AM NOW LIVING IN AN APARTMENT ... |
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I have lived in my house for 8months only & having difficulty paying the mortgage should I sell or rent my hom |
| I have a 2yr prepayment penalty and we did 100% financing when we bought the house. My husband commutes over 50 miles oneway to work and I am looking for work and his paycheck barely pays the ... |
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My tenant has not paid their rent.? |
My tenant has not paid their rent, they are past the due date and they will not return any calls what can I do. Additional Details Thanks responce.
The tenent is a mum of 2 going ... |
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Al | Do all houses go up in value? Or is it a myth? |
I just bought a house in Humble, TX. I plan to live here for about 5 yrs. Do they really go up in value? And what factors determined that. |
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Zasu
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The market determines that. Location, location, location. |
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meandnadine
 |
Historically, over a 10+ year period, houses go up in value.
However, recently a lot of houses have dropped in value due to a number of factors.
Over building and current sub-prime mortgage problems are just a couple of reasons some houses are loosing value now. |
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Craig T
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Generally yes but like any general statement there are exceptions. The employment market has an effect, hidden or undiscovered environmental hazards will devastate value. |
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aswkingfish
 |
No not all houses go up in value, but most do. That makes a home a good investment. Many things effect its value, the neighborhood, is it kept up, its age, any additions or improvements, etc... I believe in 5 years you should see a nice return. |
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kaffegeek
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location location location |
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the_wayward1
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I own 7 homes so far and every one of mine went up in value. 3-5 yrs seems to be the magic number before you start getting some decent equity. |
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workin man
 |
They say "on average they increse 3.5% per year". This is a long term average though. I purchaced my home in SE Michigan 3 years ago, and it has went down if value (about 5-7%!!!)
I was outraged since my family always told me that a home was the safest investment I could ever make. I have sunk about 10 K into my home and still it has went down in value!
I am trying to stay optimistic and think that in 10 years I will see a whopping return on my investment, but it does not look good. |
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Jason Warsaw
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some do some don't. |
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Ebie
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It really depends... houses usually go up in value when:
- the area gets nicer
- more people move to the area (i.e. new jobs are there)
- you fix up the house
So if any of those happen to you, chances are good that the value will go up.
But, on the flipside, if jobs decrease in Humble, or your neighborhood deteriorates, or the house starts looking a bit older... you could be in a situation where you can't sell it for as much as you paid for it.
So keep your house in good shape, get involved in your community to keep it nice, and good luck! |
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governor
 |
will go down if the neighborhood deteriorates....crime, public housing projects, dirty industries, landfills |
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ShadowOfLight
 |
All houses go up in value.
AND down as well.
However, because God isn't really giving us more land at the moment, in the long run, prices will definitely go up.
Location helps as well. |
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create62
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it seems to go down more in Texas, i believe. |
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Sarah
|
It depends mostly on the area. If the area or neighborhood in which you're living increases in value, so will your home. If that part of town is on the outs, you may lose money. But typically, especially after 5 years, your home should increase in value at least a little. Good luck! |
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bgee2001ca
 |
If a house is kept in decent repair, then yes, it should increase in value.
On occasion, the market will go soft, and they will either stay at the current price, or lose value. |
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NikkiButler
 |
Myth....depends on the market. Right now US homes sales are down 10%, so that will drop the value of your house if this contintues. |
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kingstonsean
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House values depreciate - that is to say their value declines over time. Land values usually only appreciate, although there are local exceptions, such as inner-city areas or disaster and war zones. A house on a property is called an "improvement". In many Real Estate markets the value of an improved lot (a property with an existing house on it) would be less than if the property was vacant.
For example, an improved residential property is re-zoned as commercial. The existing house could be rented and yield a profit of $200 per month, but a commercial venture could be established on the property that would bring in a profit of $2,000 month. The house is now a liability, but demolition would cost $25,000. The identical, but un-improved adjacent property is worth $250,000. The improved property would not reasonably sell for more than $225,000 because any buyer would also have to commit an additional $25,000 to demolish the house. This phenomenon even occurs in residential zones where the location has become extremely desirable, but where an existing house cannot be renovated for less cost than a completely new house. These houses are known as "tear downs". |
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