 Is the agent lying to me? |
| I recently put in a low starting offer for a house I love. I gave it to my agent to give the listing agent/also the home's owner. Well she came back to me demanding my biggest and best offer, ... |
|
 Can a landlord evict a couple with a noisy, colic 2 yr old because of recent complaints? |
| We try everything to keep her quiet but she's too young to understand and we just got a 3rd written warning stating the next time it would be eviction. Can a landlord legally do that because of ... |
|
 House or apartment ? |
| Compare owning a house to apartment rental. What are the advantages and disadvantages of each ? How does an individual's housing needs change over a life time ? Please be specific. Thank you ... |
|
 How can I tell my landlord to stop asking for rent every month? |
| We have lived in this house for only 3 months, since we first moved in we have not been late with the rent at all. My landlord has called to ask me for the rent every month since we signed the lease.... |
|
 Can I sell my flat with negative equity? |
| I bought a flat in the UK for £150,000 just over a year ago and got a 100% mortgage. I haven't paid any of the mortgage off yet as it's interest only which means I still owe £150,000. I ... |
|
 Is three people enough for a two bed apartment? |
Still Thinking about it! We are all 19 yrs old
One of us has a PT job. the other two are still looking
When all of us get a job. can three people who make 7.75 an hour be able to pay for ... |
|
 Why do people rent houses? Are they dumb? ? |
| Why not buy? It costs the same for my mortgage payment as it would cost for me to rent a place. Was da deal?... |
|
 We want to buy our first home in Georgia (it's $189,000), our combined credit score is probably 700. Help!! |
| Ok, so right now we are renting an apartment. Our monthly expenses without rent are maybe $1000. The house we want is in Stone Mountain, GA and price is $189,000. We are first time home buyers. M... |
|
 Could i make money in property now? |
| would this be a good time to start property Development as i found a really cheap one that i can do up my self as im a ... |
|
 Is there a site where i can find out the price of houses in one street? |
I need to know what my house is worth without getting anyone in,is there a website where you can put in your post code or something and it will tell you roughly the cost of houses in that road?
... |
|
 Can I Sue for Untimely Return of Security Deposit? |
| When I moved out of my apartment, I gave my landlord the incorrect forwarding address to return my security deposit. However, before they mailed out the check, I provided them with the correct ... |
|
 Unemployment and getting a mortagage loan? |
| Does anyone know if I could get a mortgage loan while on unemployment?... |
|
 Job as a real estate agent? |
| I've heard that in their first year that real estate agent's don't make very much and I was wondering if any agents out there can give some advice on whether I should get my license ... |
|
 I am having an apartment inspection tomorrow, and i was wondering what they were allowed to inspect? |
Are they allowed to open up my closets? What are they allowed to go through if anything? I thought that they were just allowed to look at things that are in plain view.
Additional Details<... |
|
 Can an apt offer a 6 month lease, but then write up lease for 7 months without disclosing this to the tenant? |
| Moved into an apt on 4/1/06 with a 6 month lease. Now want to move out at end of lease and mgr said I signed lease for 7 months. This was never disclosed to me and I didn't catch the 7 month ... |
|
 Tenants won't pay their rent, should I change the locks and kick them out ? |
They are new tenants and still have not even paid their deposit saying they need time. 1 month later and not paid the rent either. 1 week late. Whats my legal stance ?
Can I change the locks and ... |
|
|  |
s8ds8ck | I'm considering selling our house and renting instead as I think prices are peaking. Is this a sensible move? |
We have equity gained from a repayment mortgage, deposit plus the rise in prices since we bought our flat in SW London 3 years ago.
We want to move to a bigger property but I'm concerned that we will be buying at the very top of the market, and that interest rates are not too favourable right now.
Rents have been pretty stable for the last few years, and it seems a cheaper short-term option to rent until house prices drop. Is this advisable? |
 |
 
doughnut1002001
 |
personally i always think it best not to get off the property ladder once your on, you might not be able to get back on it again.
why waste all the money on rent anyway?
remember when this happened before and loads of people were selling houses and renting a few years back - i always think i wonder what they did because they must be very disapointed becasue they never did drop.
im no property expert but thats what id do. |
|
Pauline
|
It's a gamble yes.
The upside is that when you do come to buy, you are chain-free.
This in itself can enable you to make a lower offer (and have it accepted) on anything you buy in the future.
It's also worth introducing yourself to estate agents as 'chain-menders' for any chains that collapse... |
|
mestressedout
 |
What a brilliant idea.
If you read the financial pages of newspapers you wil find that house prices have just about stalled before they drop down.
Alan Greenspan (famous ex federal reserve chairman who has always proven to be right) said last week in the Sunday Telegraph that the housing boom in the uk was over and the downturn in the UK wil be worse than the American one as more UK home owners signed up for ARMS (adjustable rate mortgages) in the last few years.
In the next 12 years the Government have committed themselves to building THREE MILLION NEW HOMES especially for first time buyers and housing associations and some in Green Belt Areas. This will diminish the price of existing houses. A lot are to be built on the outskirts of London areas.
Yesterday there was a report in the Sunday Mail that big city's around the UK have built hundreds of huge skyscraper apartment buildings that are not selling or being lived in, the ones that are selling right now are with huge discounts and incentives OFF the Original price; any that have sold were bought by investors to sell at a profit.
In Manchester for instance there used to be 500 apartments newly built per year, last year there were FIVE THOUSAND newly built and are not selling. This Building is to carry on at the same rate for the next Five years even though there is excess housing stock sitting on the market right now. I was in Manchester a few months ago checking all of this out and some of the companies were renting out the apartments fully furnished by the Daily , weekly Monthly or Yearly; This is a sign of desperation by the builders my friends.
Just go out on the street and look at the recent increase in FOR SALE SIGNS that hang around for months or longer that just are not selling. Now sellers are beginning to realise there is a housing GLUT they will reduce their price to bail out before the real price crash and then we will see some snowballing reductions.
I would sell now, rent and buy back in in two years as the BOTTOM of the crash happens and prices begin to rise. You should be able to buy back in at least 30% less in 2 years than now, ask yourself will the 30% profit be worth it? Add up all the extras and insurances you have to pay with a mortgage that you will save over two years.
Most reports about home price rises this year are put out by interested companies, Estate Agents etc, by the time they report the true downturn it will be too late to sell at the best prices. |
|
Shar Pei Lady
|
NO! Renting out your house is a bad move if you have no experience in being a landlord.YOU would be responsible for most repairs as a landlord.YOU would be responsible for mich more than you are probably ready to handle.Please do your research before you proceed with this thought. |
|
littlemissgio
 |
If I was you, stay in your selling house don;t rent. Renting is chucking your money away and only paying someone elses mortgage. rrenting is strick, and use check on making sure garden kept tidy, cleaning up to standard and llords are seeling alot of properties now as they are panicking. stay where you mate |
|
Jamie McC
 |
no, because if ur renting then ur not rli paying for a future are you? are you? ARE YOU?!?! |
|
valf
 |
There is no way to gauge if the property market will drop. I am in the middle of selling a 4 bed and have moved into rented. Cumbria area.....But that is the only issue with London there is a bigger demand so cant see it dropping....if you sell then buy surly you will not gain as other houses in the area will also be premium value......Now if you were selling and buying out of the area that's different....My 4 bedroomed large house with small plot of land was 110,000 and you couldn't even buy a garage for that down there...... |
|
jeanie
|
I think if you sell now you may find it hard to ever get back on the housing market, if you are finding it difficult then why not think about renting out your place for the time being and have the mortgage paid, you can rent for a while too and still own some property, don't throw away an investment. |
|
Sue J
|
If you don't want to upgrade to a bigger property right now, why don't you just sit tight and wait. The money you would be paying out in rent will continue to pay off your mortgage, your property will stay the same price or continue to rise slowly, the same as the other properties in your area, but you will still be gaining on the repayments you make. Who knows what the prices will do (don't we all wish we could see into that Chrystal ball!). Are you sure, with money in the bank you wouldn't be temped just to have a few nice holiday, upgrade the car, a few treats, once spent, twice as hard to get back. Stay put. |
|
Ian M
|
No.
Renting only makes sense if you plan to stay for a short period, like 3 months or less. You will save the legal costs.
Otherwise buying is better. Rents are so high that the mortgage repayments will be lower. you can check rental values on line, try :- www.vebra.co.uk
Do you want to pay someone else's mortgage ? That's what your doing if you rent.
Ian M |
|
TOMMY B
|
a very bad move ,at least whatever mortgage your paying now is in your property but rent,goes to the landlord and after twenty years or so what have you got from renting nil,but your mortgage will be paid and what an investment you have got |
|
iloveyagb6
|
hi there my family have been renting because they wanted to move away they thought it would be quick and as we speak they still renting now for 18 months they wanted to get away quick but things started to happen there was a leak so they told the land lord but he never answers hes phone be care full what you do make the right decision |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
12 | 31 minutes(s) ago
| | | |
10 | 1 hour(s) ago
| | | |
12 | 5 hour(s) ago
| | | |
11 | 8 hour(s) ago
| | | |
12 | 10 hour(s) ago
| | | |
12 | 2 day(s) ago
| | | |
12 | 2 week(s) ago
| | | |
12 | 1 month(s) ago
| | | |
11 | 6 month(s) ago
| | | |
12 | 10 month(s) ago
| |
|
Homepage 
Financial
Forum 
Renting & Real Estate 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
