 Moving out 1 bdrm good plan? |
| Since my divorce My daughter and I live with my mom to help us and to financelly help her. She got a large inhert. and no longer needs help so were moving. I got a 1 bdrm coz I spend all my time in ... |
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 Can my landlord do this, legally? |
| I have lived at my house for 8 months. I love it. When I moved in, the house needed a little fixing up and there were a couple things the landlord said he'd get out. Well, he promised he'd ... |
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 Mortage with negative equity and need to refinance, guidance please.? |
| I have a mortgage and now my equity is in the negative. But how can i refinance, without putting any more money in, does anyone have any ideas or gone through this. My loan is fixed right now at 6.25%... |
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 Do you have to be good at math in order to be a mortgage broker? |
| what kind of math? cause i am interested in this job but im not what you would call a math wiz at ... |
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 Can a home by owned by a minor? |
| My mother wants to buy a home but wants to have the property under my brothers name. He is currently 14 years old. Is this possible in Texas or any other state? Do you necessarily have to be an adult ... |
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 Is my apartment complex held liable? |
I live in an apartment complex and my air condition just recently went out July 4th. The AC was fixed by a electrician leased through the apartments on Saturday, July 7th.
The electrician ... |
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 Is it too risky to buy a flat in central London this year? |
Hello.
I really need to get a flat in Bloomsbury.
The estate agent I saw reckons central London prices are still rising in 2008? I am somewhat skeptical, but know nothing about ... |
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 What's the best way to say it to my landlord? |
Long story short:
Our lease will be up in 6 weeks. The place is nice, but way too small and the neighbors are too loud. Anyway, my sister's friend offered to rent us this amazing ... |
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 What can a Landlord do if the tenates did not move out in time? |
| I am waiting to move into a house that I plan to rent. However the tenants were suppose to be out by yesterday 8/21. When I arrived with the landlord if looked like that haven't even started ... |
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 How long after closing does it take to get payment for the profit on your sold house? |
| Hello to all! We are in the process of selling a house we own downstate and this is the first house we are selling for a profit. Does anyone know how long it takes before you get the payment from ... |
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 All these flipping shows? |
OK,
so there are all these flipping shows now.
Buy a property for 500,000
Put in 50,000
sell for 900,000 in 4 months.
and they say the person made a 350,000 profit.
but ... |
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| I'm buying a new home and everything is already approved but I feel so stressed, how do i destress? |
| I've already got the money, but I feel like something will happen that will stop the closing procedures.... |
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 Is there a down-side to paying off your mortgage early.? |
| In my state, there is no prepayment penalty. My accountant said to go ahead and pay it off. Now the other day my husband was telling me he was talking to a homeowner and she said she suffered all ... |
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 Can going to school full time and paying for your own apartment, car, food etc.. be done?!? |
Additional Details
Thank you everyone...I am starting to think that maybe i should realize that I am lucky enough to have great parents who will let me live here...and maybe it is a ... |
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LISA (WONDERSOME VERSION 8.0) | Do you think that 300 bucks a month is a huge difference? |
Like, I have these two homes I want to buy, not both just one.
The first one is nice and would be about 2200 a month.
It has 3 bedrooms, no finished basement, and 2 baths, around 2200 sq.ft.
The second one has five bedrooms, fully finished basement and a deck and large yard, and its monthly payments would be about 2500-600.
It is about 3000 total sq.ft.
That seems like alot of money but I live in Alberta, Canada.
The second home is in an Estates neighboorhood.
It is also 485,000 where its being sold. However where I live right now a house like that would be about 600,000 and higher.
What should I do?
I am putting 25 percent down and money is not a huge issue.
Additional Details
Some months I make about 10,000 and others about 3000-4000.
I am just worried if I dont get good jobs and cant pay, although I suppose with the higher paying jobs I could pay up a few months ahead, does this sound like a good way of doing things? |
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cirestan
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If you are interested in it for re-sell value, go with the smaller house. Pump the extra 300 into the payments anyway and pay off the mortgage as much as you can.
If you are interested in comfortable living and not planning to move, buy the larger house. |
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Vanessa B
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Buy the one that will have the better resale value. |
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SCCRealEstateUNCENSORED.com
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The most important point that you made and think most missed was that you have an irregular income. Some months is more than others. Do you really need or want to stress over a few hundred dollars/month just to have the bigger house. I guarantee it you will not enjoy your home if you are stressing every month about your monthly payments.
In my opinion you should not be buying a home BY ALL MEANS, with your heart because that is where you get into trouble with your wallet. You should ALWAYS buy a home with your wallet and not your heart, always buy what you need NOT what you want if this is your first home.
If I am incorrect in the assessment of your situation and your income is more than enough to pay the extra with no problems than by all means buy your bigger home.
Also paying extra to the loan every month is a GREAT and the BEST way to build equity. Good luck |
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Kathy S
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If money is not a huge issue with me, why are you asking? Send me the $300. I could get my daughter some stuff she needs! |
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littlebylittle
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sure per month it's not bad, but how about per year?3600 seems like a good amount of money, considering its every year for the duration of the loadn, 3600 over what youd pay for the other one |
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ufa
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get the bigger house! |
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Smoothie
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It depends on how much you make, but yeah $300/month is a lot. However, it's all a matter of what it's worth to YOU. I would rather spend the money to get what I want, rather than settle for something that is below my expectations. |
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thetoothfairyiscreepy
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go for the bigger, better home if you can afford it, but also check to see what the utilities will cost per month, on average. this may make a bit of a difference!!!
also fyi: you can't "pay up" on the next month's mortgage note. you can send extra money with your payment each month, and apply it to the principal, but sending this extra money one month will not reduce the amount due the following month! |
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karo_80
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300 bucks a month is not a huge difference if you got the money.
and the money to fix up a house that is unfinished too because it might run into more money. |
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