 I'm not in foreclosure yet but i know I can/t keep up my payments should i volunteer to give up my house? |
| Due to a substansal cut in income i am barely hanging on. 3 years ago my home appraised at 90.000 since then i have put another 10,000 in it and only owe 65,000.Will the loan holder be easier to work ... |
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 What can my landlord do if i break my lease? |
| My lease says the rent check is to be cashed every Monday (I pay weekly) but the landlord cashed the check on a Friday when the money wasn't in the account, (I get payed Mondays) and it overdrew ... |
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 Bad debt and Homeownership? |
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 Renters did something without our permission? |
OK, the house payment on our rental is $850, we charge $950 to cover expenses.
We got a call last week that the AC went out so we sent someone to fix it. They just said they had no idea why it ... |
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| There's a possible sale of property from my dad's estate. Property is located in Maine. A potential buyer wants a survey done prior to sale. And he's not committed to purchase - even ... |
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 HELP I just rented an apartment for a 1 year lease. Now she wants me out??? |
| Now, 3 weeks later, my landlady says she needs her apt back beause of personal reasons. She is telling me my lease isnt valid because i didnt go thru any board association for aproval from the ... |
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 I need someone to obtain a real estate loan for me and take the advantages/equity, sell back to me in 2 years |
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 What do you think of your local Real Estate?? |
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 My score is 777,my hubsands 750; I am a recent stay at home mom, will the lender use my score w/out income? |
| I quit my job to homeschool in Nov 07 and we found our ideal home and community last weekend; now I am concerned that my credit will not be taken into consideration without having income. The ... |
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 Can a text message ever be legally binding as giving landlord notice 'in writing' to end a UKtenancy agreement |
Can they say that a 'text' is the same as 'in writing' legally?
Additional Details
It's ok - i am hoping the answer is no as landlord is trying to evict me on ... |
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 Housing benefit? |
| i am recently separated, and wanting to move out of maritial home, if i rented house of approx 500 would i get help, as i student on 11,000 in bursaries butthat includes childcare, does any1 kow wot ... |
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I bought a house last year.Seller was my friend and also a mortgage broker . She wanted to sell her house to me with reasonable price. She also wanted to be a mortgage agent on this loan.
So I ... |
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 Moving into a new house with roommates; how do we decide who gets the bigger master bedroom? |
| I am about to rent a new house with two of my friends. However, one of the bedrooms in the new house is much larger, has its own full bathroom and a door out to the upper deck. How do we decide who ... |
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 First time home buyer. How much will the bank loan us? |
| The house is appraised at $90,000. We are approved for it, however, the seller is only asking $85000 for it. I have no idea about mortgages! This is my first one and I'm wondering if we can ... |
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| I moved into a downstairs duplex studio unit a few months ago. It costs $550.00 a month w/all utilities incl. The first and last months were due in advance. As soon as we moved in our cat got ... |
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Acer214 | I am currently looking to purchase my first house any tips? |
My bf and I are currently looking to buy our first house, we are obviously new when it comes to this, any tips on what to look for?
Additional Details
as far as things wrong... What indicates a bad house, any and every example and tip welcome! |
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satarnag
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Here is what I would do. Draw up a contract that states what would happen to the home if one of you dies, one of you becomes sick/vegetable and unable to pay the mortgage, one of you wants out and if one of you gets married (to another person). Now you're ready to purchase.
Then I would talk to a real estate broker to see how much you guys can afford to borrow/afford, then I would work with a real estate agent. He/She will go over the buying process with you, including getting a home inspection.
3 Things to look out for:
1. How much is this loan going to cost you for the rate you are getting. Can you do better with another broker?
2. Check the comps (use www.zillow.com) to make sure you are getting a good deal.
3. Do a home inspection.
Good luck |
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Pure Genius
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well you should have a home inspection which will let you know if anything is wrong with the house you are interested in.. my suggestion would be size, floorplan, really important the neighborhood, schools etc found a great site with good real estate information, it may not be for your area but its good tips, good luck
http://www.deedeehomes.com
http://www.deedeehomes.com/PageManager/default.aspx/PageID=1980119 |
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SD
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For first time buyers there are nice loan programs out there.But there are some questions you need to answer in order to answer your question,Where are you located at? is it a one family house? What is your price range?These are going to determine your financing.If you are interested, I can definetely help you with all your questions.Thank you |
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kirk m
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Buy a home with your income only. I'm sure your boyfriend is the greatest guy ever, but, things happen. Your principle, interest, taxes and insurance(P.I.T.I.) should not be more than 25% of your monthly take home pay. For instance, $1,000 take home equals $250 per month, total mortgage. Put 20% down to avoid principal mortgage insurance(PMI). Have an independent home inspection and appraisal done. Do not use the lender's guy. This should cover you for almost any contingency. |
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Lauren P
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Get a home inspection before you sign on the dotted line.
This is kind of hard, but look beyond paint colors and the home decor when you walk in. It's obviously going to look very different when you move in all your stuff. Make a note of what you want to change and any fixes that might be needed (consult home insector for some of these) and total the costs. It can help you get a better deal on the house if you come with calculated numbers. |
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godged
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Obtain a legally binding agreement that says what will happen with the property if you get married, if you break up, or if something catastrophic happens to one of you.
If you are very interested in a house, ask if a home inspection has been done. If not, get one and make your offer contingent upon approving the home inspection. A good home inspector is worth every dime you pay them. |
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Mark H
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never look like u love it .it's expected you'll make a lower offer .wonder what's under any paneling. open all the faucets.all windows should be fairly new,low maintenanace.buyer beware is the rule. look under throw rugs.look for water spots on ceilings,walls. ask how old the roof is.u really want 2 baths!ask about the type of foundation(tiling,etc) ask about type of insulation,thickness rating.fungus smell? forget it!don't go for adjustable rate mortgage!! take ake your time,don't marry the 1st house u like!! sue |
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Terry S
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The first thing I would do is check your state for "First Time Homebuyer Programs"
Arizona has an awesome program for first time homebuyer's.
Here is the info for people living in Arizona.
http://www.welcome2arizona.com/home/first_time_homebuyer/first_time_homebuyer.php
Terry S.
http://www.Welcome2Arizona.com |
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Polly
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Do not purchase a home with a boyfriend/girlfriend jointly. You will regret it later if you break up. Not only will you lose your boyfriend, you will lose your home.
There are two viable ways to overcome this. First, get married before purchasing the home. Or second, if you can afford to purchase this home without your boyfriends help, do so. You will own the home independently of your relationship. |
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f s
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Do not purchase it together..what happens if u buy it and yall break up...it causes a problem and both will lose.. |
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Sagar K
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make sure you look for mould, especially in the basement. mould is really really bad...also look for water leakage as this can become a big headache afterwards. |
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