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| Is it not enough to just show the cover page of the statement that shows the opening amount and the closing balance? Why would they ask for the entire statement the shows all transactions in the ... |
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| Should I refinance my 7/1 ARM 2 years early? |
| I have great credit and 40% equity in my home. I took out a 7/1 ARM 5 years ago and have 2 years left. I got a good faith estimate from a couple lenders and found I can refinance and my current ... |
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 Which renters should I choose? |
| Here are the situations. I have a 2 br and 2 bath condo apt. I won't be moving in right away and will sublet it for 6 month or longer or shorter depending on my current situation which I would ... |
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 How many skipped mortgage payments before the bank can begin foreclosure? |
| Lost job in the begining of May. Paid May mortgage payment, but only a fraction of June's. It is now July 21. Can the bank foreclose already? I just sent $600 but still owe $1,000 of June's ... |
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| Can my landlord refuse to let me take in a flatmate? |
| I'm thinking of taking in a flatmate or lodger to help me pay the rent. I will have to ask my landlord for permission. Do they really have the right to refuse? I have a 3 bedroom house and its ... |
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| Our closing date is set for the end of June this year, but I want to know if typically the owners of the house will let you do any work prior to closing. They have already moved out, and we want to ... |
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Additional Details
I m not able to keep the house so I have to let it go. Please let me know what to when the eviction paper is on my door.
Thank you so ... |
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 My mom is selling her house and has received an offer and she has signed the purchase agreement recently.? |
| She has agreed in the agreement to close no later than 8/1 and to close within a week when their bank say it is ready. But, she heard from her real estate agent that they want to close in the ... |
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 Viewed a new rental property today and the estate agent said? |
| if you rent an unfurnished property the council tax will be less than a furnished one. is this correct. or are they lying to try and get us to sign the contract?... |
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 Do we legally have to pay rent while living with parents? |
| I am 21 and finish uni next month. I'm living with parents in a council house, parents are on housing benefit and dont pay rent. Legally, would i be required to pay rent after completing full ... |
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 Homes in Foreclosure!? |
| What are the requirements and steps taken in order to buy a foreclosed home? Has anyone done it and been sucessful? It's it worth it to try and buy a foreclosure as a young couple? Are there ... |
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 Is a cosigner frowned upon for a mortgage? |
Last time I looked at my credit score it was in the mid-high 500's. Both my parents and inlaws have offered to cosign for a home loan and both have stellar credit.
A friend who used ... |
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 What is the procedure for a landlord to evict someone from their apartment? |
| I am wondering if the laws differ in every state? Also, how long does one have to come up with the rent before an eviction notice is served? I don't have 2 nickels to rub together and the new ... |
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 Parents would like to sell me their house below market value with monthly payments no interest is this legal.? |
| I have 3 Siblings and have been living in the family home for 20 years. All of the upkeep have been provided by me my parents has agree to sell me the house for only $20,000. I have been searching ... |
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| Let's say I make 50K and want to buy a house. I'll put 50% down in cash, but how much do banks generally lend people, and is there a formula for calculating that amount?... |
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| We are moving out of our current apartment and into our new one. however, our lease is up on the 25th and we cant get into our new one until the 1st. what is a good idea of things to do with our ... |
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 Re: Penal Code 602.5. I evicted a tenant from a 9-plex. Is it considered trespassing if she visits a friend? |
| If a tenant was evicted from a 9-plex, and she visits a friend who is still on the property, is she effectively trespassing? I own the property and I don't want her anywhere near it. But she ... |
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mscre | How do you determine how much rent you can afford to pay? |
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Thomas
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25% of your gross income should only be used for the rent |
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hill
|
28% of your income |
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justtammyj1964
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hello :)
it should not be more than 1/4 th your monthly pay, i believe (: |
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Steve C
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Rule of thumb. Not more than 30% of your income. |
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?
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I would take your monthly income & subtract the following:
-the bills that you pay on a monthly basis
- an estimate of how much you spend on food, gas & personal items
-any extra money for whatever it is that you like to do in your free time
-anything you might deposit into savings once a month
When I got my first apartment that was how I did it, & it worked for me. |
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Tina L
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I don't know where you live, but a general rule of many budget counselors is that you should spend a maximum of 1/3 of your total income on rent. Works for me! |
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sexytrojan
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Add up what you bring home from your paychecks for one month.
Subtract car, insurance, utilities, food and entertainment and other expenses you have.
What's left over is what you can afford for rent.
If it's lower than you want, adjust your expenses (entertainment and food, mainly). |
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?
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Most of the time Rentals base your rent against your income, that in most of cases you have to make about 3 times or more so you can afford pay your rent.
But my advice is the rent money is already after taxes, so to be safe the best thing is if you calculate about 20% or less of your total income.
Good Luck |
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front_up_evol
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It must obviously be based on your personal income. Rent is determined by those well off enough to own a building in the first place. It truly is, ALL ABOUT MONEY!!!!!!! |
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