 Landlord just passed away, can his childrens just kick us out? |
Good evening to all, i was wondering if anyone might be able to help me out with some info.
We been living at this location for 10 years. The place was originally rented, by verbal ... |
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 Friend is asking to rent an apartment for him. What are my risks? |
| My friend (with poor credit history and with poor judgement, IMHO) is asking me to rent an apartment in my name and sublet it to him. I want to help out, but I don't want to get myself in ... |
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 Is this true? |
My friend says she can make 100k and upwards being a realtor in the Southeast U.S.
Is this true, or is she mistaken? I just find it hard to believe that a two week course can produce that ... |
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 What are the rights of co-tenant's whom are not on the lease when the other tenant passes away? |
| landlord wants us out in three days but we need more time to get all of the belongings out. our roommate passed away from a long bout of ... |
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 For people that live by themselves, I'm 16 and wanna move out? |
| Dont tell me not to move out because your not in my situation and you have no clue how much depression i go through living with my family. I've told them about it for quite a while and they ... |
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 My Dad died and my Mom wants to sell me her house for $1.00. How does she go about it and it be legal? |
| My Mom doesn't want to bother with a realitor because she can't afford it and I can't afford to pay any more. She just wants a simple thing between her and I, but we want it to be ... |
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| What is a mortgage?? |
I know its to do with houses.
It may sound stupid, but I don't actually get what one is?
Or why do you need/get one??
Thanks in advance.... |
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 My landlord pays for water and I run the shower on full blast all night to drown out my neighbors snoring? |
| a problem he wont rectify, and i am currently waiting on a mediation date for. Can he force me to pay for the water use? Should I tell him I am using the shower as a noise control to force him to ... |
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 Can someone explain to me why it's the government's responsibility to bail out borrowers who were told . . . . |
| . . . .about ARMs and how they function? i keep hearing in the news how the government is supposed to step in and stop these ARMs from adjusting upward and freeze rates where they are still in their ... |
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 What do you do if a neighbor sabotages the sale your house? |
| Grandma left us her house on the other side of the country. We can't afford to keep it or even rent it out (rent prices too low, maintenance too high from far away). So we're trying to sell ... |
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 If I want to increase the rent of my tenant in the UK at the end of the agreement how much can I do it by? |
| Should such a clause have been included in the current teancay agreement or if I want to retain this tenat am I entitled to increse the rent by a certain percentage for the new tenancy agreement?... |
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 Should we buy this house? |
| My fiance and I have been looking at houses for the past four months. We finally found one in a good neighborhood that we can afford. The problem is it was built in the 1050's, and the furnace,... |
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 I purchased a home last October, 0% down.? |
| Will sending my mortgage company $3k towards my principle help reduce my monthly bill? By the way, I got a 6.375% rate for 30yrs. Should I try to refinance instead?... |
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 They want to keep our deposit! we havent even signed a lease!? |
They want to keep our deposit! we havent even signed a lease!?
we put a security on a house we were going to rent this past saturday, they don't want to give us back our money now. My ... |
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| If the bank of England raise the interest rate do house prices usually come down? |
| I'm hoping to buy a house this year and the Bank of England have just added another 0.25% to the ineterest rates. How does this effect house prices?... |
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 Do I still pay my rent if Landlord is in Foreclosure? |
| Okay, it is November 10, 2008 and according to the papers the court server just dropped off my landlord has not paid his mortgage since June 1, 08. I have tried to contact my landlord to find out his ... |
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 Do you know any on who can help save my house? |
| i got hurt at work ,and can not work the mogt people redid my house note , to help me out it went down to 563.00 now there calling me and telling me it is back up to 824.00 i only get 827.00 a mo ... |
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 Is this a scam? |
I have my house listed online and I have been eamiling this guy back and forth. He wanted pictures of the home and so on and so on...and the lowest price and then I got this ermail from him
... |
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 My next door neighbour has put his house up for sale my question is ? |
| Why does he think it is worth a small fortune. It is a poxy little 2 up 2 down.... |
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misscassie1226 | How much home can i afford? |
How much home can i afford? My husband grosses 48,000 and I gross about 10,000. We would be paying a higher interest rate I believe bc we have lower end credit. Also we dont want our monthly payment to be more than $950. What price range should we be looking at? |
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kelly101
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i see a lot of great answers here on spending outside of your limits... problem being people tend to think spreading the loan out over 30yrs is a good idea... its not true you truly have no clue where you will be in 5yrs... health or financial issues could come up that would force you into a bad situation... never rely on a house price to always be the same or go up in value... a house is only worth what someone else will pay for it...
i say buy as cheap as you can afford not as much as you can afford try not to buy anything you can not pay off within a 5yr plan |
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Mom2three.5
 |
For $1000/mo which includes taxes, insurance, etc, at 6.5% 30 year fixed, about $130k, this was based on credit scores of 590 and 690. Call a lender and get prequalified, because the prequal may also include stipulations such as maybe you have a few minor bills on your credit that need to be paid off and removed from your credit first. Every situation is different. Good luck. |
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mom_of_1
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They say you should buy a house that is equal to your salary for 1 year.
Please note: what you qualify for and what you can afford are 2 totally different things. Don't let these mortgage brokers convince you of buying a house you can't afford. They are good at it and that is how they make there money. If you say $950 don't let them convince you that you can afford $1200. |
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Heatherrrrrrrr
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http://www.mortgage-calc.com/mortgage/howmuchafford.html
Does the 950 include your taxes and insurance? I'd say probably 100K house with about a 600 month payment with 350/mo to taxes and insurance for a grand total of 950.
Don't get surprised by the taxes and insurance. That happens a lot to people. |
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lizgas
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it depends if you are giving a down payment and how much. |
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tamparav
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Depends on where you live. If you live where near where I live in the Tampa Bay area of Florida it would be about $60000 cause of taxes and insurance. If you lived in like Tenn. I would say more like $90000 |
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Hopeful
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About 160k if you aren't planning on spending more than $950 a month. It also depends on what state your'e in. |
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Complicated
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dunno but i bet u can afford something cute and cozy but keep in mind that you have to save up for the furniture and design of the house! |
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FaZizzle
 |
Call a lender. Best option.
For about $1000 in mortgage and taxes (and such), it'll be about $120/130K at 6.1%. That's what it was last year for us at least. |
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Real Estate Guy
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With a total GROSS income (before taxes,etc) of $58,000 (4,833 a month) you should qualify for a 1,200 a month mortgage. At 6% 30 year fixed, this would equal a $150,000 mortgage. Plus what ever cash you have to put down.
at a 950 a month total payment, you should get a a 115,000 mortgage. |
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lepr0kan
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It really depends on debt to income ratios, so without knowing your other liabilities there's no way to tell how much you could qualify for. In terms of keeping the payment under 950, probably around $115,000, the payment on that with 6.5% interest would be 726, leaving about 225 for taxes, insurance and PMI. Just remember that with poor credit (you'll still need at least a 580 for FHA and over 620 for conventional) you'll probably need at least 5-10% down payment unless doing FHA where you'll need 3%. |
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Kim B
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try a shelter |
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