 I am on disability, I want to buy a home, or rent with option to buy, My rent is to high, give some advice.? |
| I'm paying 1200 dollar's in rent and for a year that's some peoples salary, if i did not have a boyfriend i would be in trouble or homeless, living in a shelther, there must be some ... |
|
 Which summer house should we buy? |
my husband and i have three kids. we live in new york city (the upper east side) and we just sold our summer home in florida. we would like to buy in east hampton and here are some of our choices.
... |
|
 I have an interest only mortgage. My lender has said if I can afford it I can pay 10% off the capital each yr? |
| But why can I not throw any excess repayments into my savings account and when the mortgage ends in 18 years time I can pay off my mortgage from my savings and pocket the interest rather than just ... |
|
 Can I afford a house? |
| With mortgage prices spiralling out of control, and interest rates through the roof, I feel I just won't be able to afford a home of my own. My friend told me it was possible to part buy and ... |
|
 Why won't the Realtors let us choose our own Mortgage broker? |
| We are trying to buy a loft right now and the realtors at the sales center are now telling us that we can not have any of our incentives (which are just 1 added parking spot, and them tearing down ... |
|
 Do I have to have a reason to evict a tennant in my home- month to month lease? |
I overheard her slamming us to her friends and saying she would violate the lease because we are -------(bad words).
Now I don't trust her.... |
|
 If my landlord terminates lease because she sells property what r my rights? |
| My contract ends in october of the next year but my landlord is selling the appartment now. The owner-to-be wants to take bigger rent ftom tenants of the appartment than we agreed to pay to my ... |
|
 Landlord visiting on Friday, what to expect? |
Hiya,
My landlord is doing a visit on friday...help?!
What will he/she be looking for? Obviously i need to get my gerbils out of here (no pets allowed)....but is there much ... |
|
 Can my landlord change my rental agreement? |
| When I moved in, my landlord knew I had a cat. She noted on the lease that I had one cat, and under the security deposit, it notes that I only had to pay for initial security deposit. It says ... |
|
 How would one go about fipping houses for profit? |
| What should I expect? Where can you run into problems?... |
|
 Can a landlord hold a final rent check for 6 weeks before cashing it? |
| Same Landlord, new problem: It is 6 weeks after I have written him a check for my last months rent. it is 15 days since I was oficially out of the residence. He has fialed to cash my rent check ... |
|
 What do you think? |
| If myself and partner rent a house (say £350 per month) and we split all the bills (inc the rent, gas electric etc) in half, how much money could we survive on that is left over after paying the ... |
|
 Fixing holes in walls in Apartments? |
| Someone put a moderate sized hole in the wall in my apartment. Is this something I should fix or should I have the apartment people fix it? Would I get charged if they fixed it?... |
|
 Should I or can I flip this house? |
| A lady approached me about bying her house that is about to go into foreclosure in less than 30 days. She owes $165,000 I would like to purchase the house for 65,000-70,000. I would like to flip ... |
|
 People whispering in the work place? |
| I work for my father's business and I found out that different individuals have been whisping and when I come into the room they stop, these people are range from 35-50yrs, is there anyway I can ... |
|
| What does it mean if someone name is on the title of the home and not the mortgage? |
| The loan person I went to see, say she just wanted to do the mortgage in my name, not also my boyfriends name, but she stated that she could put his name on the title, what exactly does that mean, ... |
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|  |
MARK C | How much have house prices risen since 1991? |
|
 |
 
'Dr Greene'
 |
This is a regional question alright.
I use an online calculator at:
http://www.nationwide.co.uk/hpi/
to work out the changes based on their data. |
|
mortal_sinner
|
a hell lot............to d point have stopped even dreaming of having one of my own :( |
|
taketwo
|
40% |
|
Leo Lion
|
On average, from two to five times what the price was then, depending on locations.
The average salary of workers has only gone up about 25%.
Used to be a rule of thumb that you bought a house based on your earnings from a job.
You could mortgage out two times your annual income.
Example:
House costs $120,000.00 Your annual iincome is $55,000.00
Banks would lend you about $110,000.00
The difference you had to come up with of $10,000.00
People would beg, borrow or steal that $10,000.00
In above illustration, that house today may be worth $300,000.00
The difference is your equity, which many people borrow against since jobs don't pay living wages.
Either house prices have to drop considerably now that rates are heading higher, or workers' salaries need to rise due to raises.
Since most businesses shun pay raises, something has to give.
I'm hoping the entire economy goes into a tailspin. |
|
Rose
 |
I live in Surrey, and My house was worth £142.000 in August 1991, it is now worth £300,000.
Hope that helps! lol
xxx |
|
celene_grace1
|
Out here in belgium, the evolution of the prices of the houses when you purchased it back in the early 90s raised to about 200-300% over 10years period whereas the ground/lot went really sky high to the extent of tripling the purchase price due to the scarcity of space.
So now you can imagine for a 9acre house& lot back in the early 90s,you easily pay about more or less 4million belgium franks<+/-100 thousand euros> compared to a 9acre house& lot now in 2006 costing +/-300 thousand euros.
Life is expensive,huh?! |
|
brogdenuk
|
Depends in which areas, check out the land registry site, it will give you a rough guide. |
|
BUD
 |
IT DEPENDS ON THE LOCATION-FIRST...I'D SAY ABOUT 45% |
|
flchell
 |
depends where you are my house in So Florida was bought in 1994 for $46,000 and just appraised for $363,000 so not dropping here! |
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Achman
 |
In 1991 i was buying 6 pack coke for $1.50. I dont live in US now. Inflation is :1-Currentprice of coke/1.50 |
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jp shahani
|
about 8-10 times |
|
Khaled
|
Much enough that you cant buy a house with the same many you had 15 years ago
but .. if you kept your money in a bank or Something i am sure it can buy a house .. |
|
Alex
|
Depends on where you are.. they are dropping quickly around here. |
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