 Noisy Neighbours,what would you do? |
| Hi everyone,i live on my own with my 8 month old baby in a house,ive just had new neighbours move in,they have been there about a month,they can be so noisy,they come in at 3 am banging around,... |
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 Does real estate agencies have services to help me rent my property? |
| I am in the military service, bought a new home and I have to move to another base. I dont want to sell my house and I would like to rent it. But I need more info on real estate agencies if they ... |
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 Any mortgage companies giving loans with a fico score of 550 and 100 percent financing for a house purchase in |
| philly, so far no go-i work in nyc for 12 years for nys and my brother also now wants to go in on the house-he works for nyc board of ed=dont know his score yet-i rent in philly for a year-think its ... |
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 I want to rent my house out. But this wil be the very first time for me to do this. What do I need to know? |
| WHet do I need to know? Where do I get this knowledge. I have no clue but I need to get out of this school district fast.... |
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 How much do we offer on this house? First time home buyers!? |
The home has been on the market 4 days. Neighborhood is quiet & safe. Great location. 4 BR & 1.5 Bath. Finished basement. Everything is wonderful. We love it.
The comps are right around ... |
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 Renter's rights - no air conditioning for last 2 weeks? |
My nephew lives in an apartment (near DFW, Texas) and has been without air conditioning for the last 2 weeks.
We have complained to the apartment manager several times. This morning we ... |
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 What percentage of your net income should go towards a home mortgage? |
| Lets say you have $5000 coming in per month, how much is a safe amount to spend on a mortgage, while still saving some for car payments, other loans, insurance, groceries, emergencies, etc? My dad ... |
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 Our renter has stopped paying rent and filed for bankruptcy.? |
| She seems to know the system on how to drag out staying in the property as long as possible. We have started the eviction process but when she declared bankruptcy that prolonged her staying in the ... |
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 Does anyone own a house where you have to share a driveway with the adjacent house? |
| I have found the perfect house that has almost all of the features I wanted but I think the home has a shared driveway. What are you experiences and have you had any problems with this type of set ... |
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 Buying on ebay? |
| i have just won a pair of jeans on ebay but the person i won them of does not have any ratings as a seller or buyer. he has been a member of ebay since 2005. do you think its a bit risky to ... |
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 Tenant won't get the rest of his stuff!? advice? |
Hello,
I just bought a duplex last month. One tenant was the owner, so she moved out. The other tenant's lease was up at the end of June. He asked if he could have until July 6th to ... |
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 Council flat can you advise please? |
| If a couple, husband in a full time job and wife temping been on the housing list for 4 years now, currently renting but cant afford a living ( rent, food, credit...ect) can they be considered for a ... |
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 I am in the process of selling my home who is responible for the home till closing i.e. fire? |
| Me and the buyer are disagreeing with who is responsible. I think I would be and he thinks he would be.... |
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 Moving out? |
| Im 18 years old, i go to college and i work. Me and my friend want to rent a room together . we both work so we will have money for the rent and furniture is included. I think it will be a good ... |
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 If rent for an apartment is 790 dollars. how much should i pay my boyfriend? |
| my boyfriend and i are moving in together. Were debating on a resonable price for me to pay him. the apartment is 790 a month. I said 250 dollars i would give him each month. Does that sound ... |
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| I'm moving to Fl for school, me & my bf want to buy a house together? |
Only myself will move to Fl and live in the house. But my bf wants his name to be in the tittle too. We will split in half to put down payment, monthly payment, bills, etc... Of course we will have to have it stated in the agreement document. I cannot afford the house myself, so that's why he wants to help. If we break up in the future, we'll split everything in half. We are planning to buy this house as an investment in the future. Should I do this or not? |
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linkus86
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Unlike the other answerer's I think this is great idea over throwing away your money on rent. Investing in a house by two people who aren't married is very common but I believe the other answerer's are not aware that you have already decided to make a separate agreement of responsibilities towards the investment which is exactly the necessary ingredient to make this investment valid! You and your boyfriend would be no different than a corporation or LLC that invests in real estate (except that you have sex!).
The other answerer's are likely talking about experiences when an unmarried couple buy a house and then break up forgetting their commitment to the property in the process. Don't listen to them, you and your boyfriend can laugh at them after you sell the house together (or separately if you break up) while you count your net profit while they are all still paying rent! |
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katysru19
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It is absolutely an awful idea to put both names on the title unless you two are married. I have talked to many financial consultants and all have advised against getting a house with my boyfriend. After a year of looking into that and maintaining my relationship with my boyfriend, I can see why it's not a good idea. You can have just your name on the house, or his, and have him stay with you and pay. His name does NOT have to be in the title. If you are looking for both of you to share a living space, maybe an apartment with both names on the lease? Look into it. |
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eric s
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You'd be better off renting an apartment or house for that very reason. If you two break up on bad terms it'll be impossible to sell the house. If you break up on bad terms and have to terminate a lease agreement early, you might get some bad things on your credit report, but nothing you can't fix. Additionally, if you already have good credit, one apartment with a terminate lease isn't going to bring you down too much.
Get the shortest lease available. |
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Real Estate Guy
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DO NOT DO THIS.
What happens if he stops paying his half. You still have to pay (can you afford it) and he would still get half the money when you sell.
Plus you already have in the back of your mind that you may break up. Plus from your questions, you are thinking about dating other guys. This is not a stable relationship. Don't enter into this house agreement.
You are a student. Rent. What happens after you graduate? You are in a house and may not be able to move.
DO NOT BUY AT THIS TIME. And don't buy with another person unless you are in a MARRIED relationship. |
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bdancer222
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Don't do it. There are laws and courts set up to divide marital property. But there is nothing for unmarrieds who jointly purchase a house. The odds are against you in this turning out well. Find a house that you alone can afford and qualify to purchase.
Your agreement document sounds great but it won't help if he decides to stop contributing his half or refuses to sign off on a sale. You would have to sue for partition to force the sale -- about $10K in legal fees. And then the property would be sold on the courthouse steps -- not the most profitable solution. |
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k man
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this is not a GOOD IDEA...... |
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DannoREA
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It *could* work, but in my experience it won't work out the way you plan. I would make certain you each have a different attorney representing your interests before you move forward. Not that the bf would screw you, but that he could screw you is my cause for concern.
I would recommend looking for a property that you plan on keeping for no less than 5 years. In that time, the market should be able to sufficiently rebound to the point where you can get your money back out of the house and make any kind of real profit.
Know what you are getting into, and ensure that your rights are protected before you do a thing.
I have seen this type of scenario go sideways so many times it's difficult to keep count. |
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HEATHER
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Do not do this. If you two break up "splitting it in half" is pretty difficult. Most people find getting a divorce is easier than getting out of homeownership with another person. |
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heyteach
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It's never a good idea to buy a house with someone you are not married to. There are things that will go wrong--property damage, wear and tear, desire to "fix it up," etc. and that all costs a lot of money and before you know it, now there is another negative in the relationship. Utilities are costly, taxes, insurance, etc. People NEVER estimate correctly on living expenses. It's always way under the actual costs.
If you're living there, what happens when you break up and he wants the money NOW? What if he wants a home equity loan? It's half his. What if he wants a re-fi? What if he wants to move in and you can't stand each other under the same roof?
The list of negatives goes on to infinity.
This is a tremendously bad idea all around and as you said you can't afford a house on your own, just find some place to rent, save your money, and get an appropriate place on your own or after you are married. |
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