 Refinance: mortgage is 280K property value is only 230K. Do you know anyone who can refinance this? |
| The mortgage resets in another 2 months and the payment will go up about $500. Is their any plan to refinance this mortgage???... |
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 Do I have to be on the lease if I want to live w/bf or can't I just be a tenant under him? |
| I've lived with my bf for about 3yrs now and never had a prblm. until recently we complained about the noise from new tenants, I am now being asked to fill out an app,credit check and other docs ... |
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 How do I go about getting a REHAB Loan as a first time buyer? |
| I am a first time buyer, and I am finding it hard to find a good home in my price range. I am thinking of maybe buying a rehab house, but I don't know if it is possible to get a rehab loan as a ... |
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 What does flexible 2 bedroom mean? |
| I don't know if this means 1br convertible to 2 br, or if it means the lease is flexible.... |
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 Your Opinion - Should we change Realtors? |
| So hubby and his brothers/sisters all own their mothers house close to Lake Michigan. A year ago last January, we put it up for sale....almost two years later and it is still for sale. We started ... |
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 I am renting a house right now and would like to own it but do not have the credit to do so.? |
| The landlord said that I could just continue paying the morgage payments until the loan is paid off and then the house is mine. What type of contract should I make up for us both to sign.... |
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 Can landlord do anything if i just pack up and leave? |
| To make a long story short. We recently moved into a 2 unit building. When signing our lease stressed to our landlord we worked days and are in bed by 11pm and would like tenants with similar work ... |
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 Do you believe that Mortgage Lenders caused the real estate so called "crisis?"? |
| The interest rates are still great. (at one time they were 12%+.) The glut of inventory is caused by investors and buyers who didn't qualify or couldn't afford the houses they were buying, ... |
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 Closing cost for selling a home? |
| When I bought my home 3 years ago in California, I paid the closing cost at that time. And now, I am selling it, but my agent said that I will have to pay for closing cost again, he said that ... |
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 Our realtor offered us 5000.00 after we closed on house.Weclosed and she has never paid us 5000.00.? |
| Traci the realtor said if you buy my house I will give you 5000.00 at closing.She said I will selll the house to you for 115000.00 but we will take out the loan for 120000.00 so she would get more of ... |
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 Is it a good idea to let your tenant, who is struggling, rent for free for a month or two? |
| They pay 1000 a month, they are a family of 5 (two adults, 3 children). The father works only, but he had a disk herniation, and couldn't work for a year about 2 years ago..He's still a ... |
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 How much are the fees to refinance a mortgage? |
| I have a 30yr mortgage that i have had for 3 years. I want to start over with the 30 years. What would the fees be to do this?... |
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 Should I buy or keep renting? |
I've seen the calculators. Those are not what I want to see....
Here's the details. My fiance' makes about 50K and I'll be starting a part time gig in Sept. (Like waitress or ... |
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 Moving out, and starting my life.. Help? |
| I am 18 i havent lived with my parents since i was 15. I live with my boyfriend and his mother. We are both 18 now and we are planning to move out. It is very very scary but also exciting I work a ... |
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 Is it possible for 2 couples to get a mortgage together? |
| My husband and I have lousy credit but make good money. My best friend and his wife have the same problem. Neither of us can get approved for a mortgage on our own. I am wondering if there are ... |
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 How do I calculate my monthly payment?!? Plz Help!? |
Hi, I am buying a house for $211,500. I am paying a $30,000 downpayment. I have of pay intrist of 6%. How do I calculate how much I'll have to pay monthly. Thank you.
Additional Details... |
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 Can seller take house off market after finance approval? |
| We've put an offer on a house which was accepted, but the bank is taking its sweet time with final finance approval, despite us getting all info to them same day. Now the seller says he will ... |
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roshan | How much my property worth now? |
I bought my property 2 years ago on £157000/- (2 double Room and 1 single Room+lounge+ kitchen and Bathroom.
For that price i thought it was a bargain. I have inversted £5000/- on new kitchen and Bathroom. Just for curiousity i asked one estate agents to come and value my property. he came and said my property is not worth more than 160000/-.
I am shocked after two years paying mortgage and fitting new kitech and bath my value of property gone down. Location is not bad at all. it is near to tube station, bus stand and minutes away from shopping high street.
pleae advice me how can i value my property. |
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Wendy H
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The problem is that its a buyers market, therefore people are being offered well below their asking price, as some vendors can no longer afford their mortgage they are selling.
One way to see how properties are going in your area is to see what they have sold for recently.
findaproperty is a site Estate Agents use to advertise properties for sale in the left hand side of any house for sale is a £ sign in red in a little box (SOLD PRICES). That link takes you to how much the houses for sold in the last 5 years or so on the same street as any house advertised on that site.
Put in your postcode (to define your search) and if there are any other properties that are for sale in your street with agents who use the site you will be able to see what they were sold for. You may find your own house listed if there are houses for sale, on your street.
You could use another street close by if its very similar.
But I should add one Estate Agent gave you one price and another will give you a different one, you need to take a few valuations and the mean average of each one to get a better idea. Looking in the local property pages is also a good starting point two. |
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Amazingwoo
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Get two more estate agents round to carry out a valuation.
If they both come back at the same price, check out other house prices in your road.
Every street has what they call a 'ceiling price' which means you can modernise, extend and improve your house and throw loads of money at it, but if all the other houses in your street sell at £165,000 there's no way anyone would pay beyond that to buy your house. |
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rshampshire
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Firstly, get in two more agents to value the property then take the average of the three valuations.
Secondly, a house (like anything) is worth as much as someone will pay for it. A valuation means nothing if no one likes your house and won't pay the price you ask for it.
Thirdly, why are you shocked that the cost of your property hasn't increased? Property prices are not guaranteed to increase and in a bad finantial climate can not only drop in price but plumet. You only have to look at certain areas in the US where people are just abandoning their homes because they cannot sell them. The same thing happened in Aberdeen I believe during the last major UK housing crash. |
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fantazamaraz
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Firstly...ignore agents...they are like used car and telemarketing salespeople...if they can't steal it, they lose interest.! Place an ad in your loca paper and on line and see what kind of resoponse you get....don't sell yourself short...someone will always want to buy it if the price is righ.....sorta like a game of chess.....you gotta take it 1 move at a time. |
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kramreg
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Consult a realtor. No one on YA can tell you how much your particular property is worth. |
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kchick8080
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Call an estate agent to value your property |
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Butternut27
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look at land registry website and other property sales websites and see what other houses in your area similar to yours have sold for...the actual prices.eg (house price spy)...
get 3 different estate agents to value the house....it maybe that they are being cautious due to current market conditions and this is what the agent feels he can realistically achieve.. if he was to sell it for you now..or you may have paid too much for your house...I bought 2yrs ago and my flat has not gone up much as I obviously bought at the top of the market...good luck |
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alta
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Look on www.rightmove.co.uk put in your postcode and see what comes up in your area, this will give you an idea. |
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jacqui16
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try mouseprice |
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bob the builder
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the answer is to realise that mortgage = rent and so you have effectively lived rent free whilst youve been there - ie if you hadnt, and instead had paid out rent to a landlord, then youd be worse off than you are now - (save for having retained your deposit in an interest bearing account) - so youve lost nothing - look on the bright side and never trust estate agents anyway. Why not remortgage for the hell of it and get a formal valuation from a chartered surveyor instead - best wishes |
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