 We just bought our first house? |
What are some maintenance things we should be aware of? Do you have any tips? We live in NJ, the house was gut renovated, and everything is new. Thanks!
Additional Details
Thanks ... |
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 Is it ok to break my lease if I dont feel safe? |
| There is this guy who is stalking me. He keeps knocking on my door and trying to get me to have sex with him for money and trying to sell me drugs. I have no clue who this guy is. I have called the ... |
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 It is possible to just give my house back to the mortgage company? |
| I hate my house and may soon struggle to pay the mortgage, can I just give the house to the mortgage company. I dont care about money, i just want out or will it be classed as repossession??... |
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 Is it a good idea to buy repossessed/foreclosed homes? |
| i'm a first-time home buyer and i want to buy a house that i can afford and that won't give me as much stress when it comes to finances.... |
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 Can some one help me? I have applied for a loan and the loan was approved.? |
| I haven't got the closing date yet. How long after the approval dose it take for the closing to happen? The company I am working with is a broker. They say I have been approved and I have ... |
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 Can i get personal loan without mortgage anything? |
| i don’t have enough money in my bank account,in fact I don,t even have any job right now,but I wan,t to invest in real estate,can I get personal loan from any bank without mortagage anything?im an ... |
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 Is 45k a good salary for a 22/yo male living in Tucson? |
I'm going to be moving to Tucson in 6 weeks, and I was just wondering if 45,000 dollars a year gross is a good salary for the city/geographic area. Any thoughts?
Additional Details
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 Not happy with interest rate on Closing, Can I still get another Loan from another company? |
I am a first time homebuyer. Is this a good deal?
Selling Price: $232,000 House on Lennar - Las Vegas, NV
Benefits:
Seller will pay 3% Down Payment: roughly $7000
Seller ... |
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 If I I accept an offer on my house that is less than what I owe, what happens? |
| I am selling my house for $159, if someone offers $150 and I still owe on the loan; will I be expected to pay the difference at closing or will the loan company work with me? (There is no Equity in ... |
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 Tenant & landlord question. My washing machine flooded and water came through the ceiling downstairs? |
| The water has left a patch on the ceiling and a thin crack - it hasn't damaged any contents - can anybody tell me if this comes under the buildings or contents insurance. As a tenant i don'... |
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 Closing home in 2 months...Should I buy furniture yet? |
Hi everyone!
We are buying our first house. We do not close until the end of April, but we have found some really nice pieces of furniture on sale now.
My parents have offered to buy the ... |
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 How to remove mother in law off title of house? |
| The morgage loan is in mine and wifes name, not mother in law. I make the morgage payments, no one ... |
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 Why do helicopters fly low in circles at 2 am over my neighborhood? |
| This happens 2-3 times a month, never in the day, usually at 2, 3 sometimes 5 am. In strange flight patterns, starts to the east, ends in the south and they mix it up real quick. They dont have ... |
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lil_lady | How much roughly would i have to put down as a deposit for a house of flat? |
I know it would depend on a number of things but just want a rough idea. Would be looking for a place in south east london.... As i am a student could rent out to a friend or too (I'm only first year, hoping to buy at the end of my 2nd year if i can save enough) |
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john b
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By no means is this financial advise and you should ALWAYS consult a independent financial adviser.
I am a big fan of sticking to the old rules 10% deposit to allow you to get the best deals in the market on a mortgage and no more that 2.5x - 3x your annual income.
I know this is not going to be easy and I may be talking rubbish for the south east London market however I am not a big fan of taking out large loans way over what you can afford because your lifestyle has to change permanently and if the market changes you may loose you home |
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*Jelly Baby*
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10% but remember a mortgage lender will only lend you 5x your salary so u may need more, however there are ways around that by going self cert through a broker who can get you pretty much anything you want (within reason) |
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Boney
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If you are talking about renting then it would be probably 1 1/2 months rent in advance in the agency i work for they charge 1 1/2 months rent plus a months rent in advance and dont forget you need to be working in calender months so to gat an accurate amount you need the weekly rent then times by 52 then divide by 12 to get your PCM ( per calender month ). also you are a student so you will need a guarantor otherwise you may find it difficult if you do not have a regular source of income. Be careful also with renting to your friends as this could be deemed as sub letting which unless your landlord agrees to you are not allowed to do. If you are refering to purchasing a property then being a student you wouldnt be able to do as you have no regular income sufficiant to apply for a mortgage but just so you know you will need a mimimum of 5% deposit if you want to get a good mortgage deal you can still get 100% mortgages but the rates that they are offered at are quite high. When looking around for a mortgage you will see LTV alot which means ( loan to value ) so if you see a mortgage that is 95% LTV it means to get it you will need a 5% deposit if it is 90% LTV you will need a 10% deposit and so on
Hope this helps
This is NOT financial advise and i am NOT a qualified financial advisor this is just my opinion and you should consult a qualified financial advisor before entering into anything |
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ஐ♥P u S s y CaT♥ஐ♥is a mummy!!!
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deposit for a mortage? if yes its 10% of the total sum of the flat, if u want to rent a flat, it depends on how many bedrooms and the area, can't give u a 'rough' idea because the price could be anything from £300/week up to £££££ |
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Mr Mills
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Usually about 10% of the purchase price - unless you can get a 100% mortgage, but these are rare now due to the colapse of the sub-prime market.
It also depends on how much lender will let you have - dependent on your salary. So, if the house is £100,000 - you will need to find at least £10,000 yourself first.
OK - I've just read the answer above - if you are talking about renting, then yes, usually you have to put down 2 months rent in advance - the first month's amount will be used as a deposit and if you damage anything, the cost will be discounted from this when you leave. |
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leambi
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Ok, as you said you are a student, i am assuming that you have some income (from a job) as well otherwise you aren't going to be able to get a mortgage. The minimum you should look at saving is 5% but if you have a bad credit history then you need to aim for 10%-15% to be able to get a decent mortgage. I would recommend that you speak to an independent mortgage broker who can offer you advice and search a panel of lenders for you for the best deals available (a reputable broker will not charge for this service). |
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Chris Clifton
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It's usually anywhere between 1 and 2 months rent, depending on the landlord. Expect to pay 1 1/2 times the rent, plus your first months rent on the day you move in. It's expensive!!!! :( |
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Butternut27
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these days...10% of the cost of the house with most lenders...esp for 1st time buyers...plus the stamp duty...and legal costs, surveys etc |
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shih tzu lady
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If you are meaning renting a place - it is usually a deposit of one months rent plus £100, and then one month in advance. If you use an agency to find you a property, rather than apply to a private landlord, you usually have registration and reference check fees to pay too. |
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zorro1701e
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i'e seen as little as 500 in us dollars, and up to a full months rent. |
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