 I'm thnking that home mortgage rates will go as low as 5% and that home will probably decrease about 20 % in |
| most markets and that prices will remain in a valley for about 8 to 10 years ...... What's your forecast ????... |
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 How much do you think a seller will lower down the price of their home? |
I'm just searching homes. If they list a price, how much lower can they go down or that they might be willing to go down?
For examle:
I just want to know, because the ... |
|
 If a rented property floods, is that just the landlords problem? |
| I've found a nice place to live but it floods (not too bad) a little each spring. If i rent it and it's damaged by floods, is that my problem or can i just move out and leave the landlord ... |
|
 ARM or Fixed Mortgage? |
| Planning on buying a condo for 175,000 in Texas. First time buyer. I've done some research and know I can afford it, but dont know much about mortgages. I will probably be in the place for 10 ... |
|
 Someone tricked me into signing papers. What should I do? |
| My sister & I owned a house together. I've been living here for more then 15 years. I trusted her. However, on the night before I was supposed to leave for Japan, she told me that we ... |
|
 We live in a 1 bedroom flat, but share the building with 3 other tenants.? |
Last night (Thursday) one of the tenants had people over. They talked loudly and had loud music on from 11:30pm until 5am. I told them to keep it down, but it simply started up again.
They ... |
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 What would be the best advice a homeowner could give to a first timer? |
| I'm getting ready to purchase a home for the first time and I need advice, what are some very important things that I should know before and after I close the deal.... |
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 How much more of drop in the price of houses can we expect in the next 6 months? I'm looking to buy. Wait? |
I'm looking to buy in Chicago's NW suburbs. I can wait another 4 months if I need to. Is that my best bet?
What can I expect to pay for a house that is listed for 300k right now ... |
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 I signed a contract with a real estate agency which said I pay 4%when they sell my property & now they want 6% |
| They said I have to pay 6 % now because the sale was from another real estate agency and they want a cut. They said I could have prevented this by muli- listing but I thought I was doing them a ... |
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 Does putting pictures of the inside of your house on the MLS help it sell? |
| I just want to know if seeing the inside of the house on the website is actually helpful or not for the seller. T... |
|
 House for sale owned by the listing agent.? |
| We are in NJ. We're interested in a particular house which we have an appt to see. I checked into the tax info and saw who currently owns the home. I just realized he is the real estate agent ... |
|
 Moved out of apartment and off lease now my ex boyfriend wont let me get my things.? |
| I was on a lease with my ex bf and less then two weeks ago and i had to remove myself off cause of school purposes for my son. At that time i was involved in a bad car accident and was not able to ... |
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 Is it illegal for a realtor to help with down payments on a house? |
| I am trying to close on a house that had many issues on the loan. I've even got to the end, and the bank saw a judgement on my credit that the underwriter didnt catch. 2 mos later, my credit has ... |
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 Will anyone rent to a person with bad credit and no recent job history? |
I have money to buy a mobile home,but my situation is considered weird by some.
Married,but want to live by myself.... |
|
 Does building a fence add value to your home? |
| My husband and I want to put up a 6 foot wooden privacy fence starting at our back door and going around to the other side of the house, completely closing in the back yard. We are looking at about $... |
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 What would you do? |
| OK. Say I live at the end of a street right on the lake, and you and your family move into the house next door that has a nice view of the lake through my property, but is not lake front property. T... |
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Cory S | Does it ever make sense to rent out a place you own for less than the cost of the mortgage? |
I own a new condo and the rent on my style of unit is going for about 1200/month and the mortgage with everything included is about 1600/month. |
 |
 
Nunya
|
I guess the only time this would make sense is if you cannot get anyone to rent it for the mortgage amount and you cannot sell it. Partial payment is better than nothing. Other than that, I can't think of why it would make sense. |
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akc1106
 |
Not a good investment. You're going to be in the hole every month. Ouch! |
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georgia b
 |
Yes it does, for a long-term investment. If you financed when interest rates were low, and you purchased with little or no money down, you'll have to wait for the rent market to catch up. If you have the money to sink monthly, just wait it out. You'll also be able to deduct taxes, depreciation and rental expenses. Sometimes people have to go out on a limb to make real estate investments. It's not always about immediate payoff. |
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sligoman
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Not a good option. BUT if your tax deductions you are allowed save you tax dollars then it would make sense. you need to check you tax rate and see with tax wrtite offs of interest and taxes and any F&F you have in the place what the net cash outflow you have vs the rent.
While you rent i hope the property increases in value and you can also raise the rent each year. |
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Lady
|
Only if it cannot be rented out for more than the mortgage, or that you are doing remodeling on the place. The hassles involved in remodeling can be a pain so a landlord might give the tenant a break. Some times a place is only being rented out for a few months while the owners are out of the country, or doing something else, then because it is temporary and the owner is going to live in the place having a lower rent might also work. Generally you want tenants to pay more than the mortgage because that way you can put some of that money in an account to be used on fixing the place up, or a vacation for the owner. |
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kekeke
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No. |
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mnvikes
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not really. maybe if youre living in a boom town and think the value is going to shoot up in value in the next couple years, or if you really want to keep it for some reason |
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jaike
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Uggghhh,,.,yeah...that means you'll only be making a 400 dollar payment to the bank every month... |
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ashleyd
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Um, does it make sense to light cash on fire??? NO! |
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Surviving on love
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Doesnt make sense at all unless u want to keep the condo and have another place to live (for free) for the moment and need the help in paying your mortgage, but if you want to pay for your own place then makes no sense |
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