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 Do all houses go up in value? Or is it a myth?
I just bought a house in Humble, TX. I plan to live here for about 5 yrs. Do they really go up in value? And what factors determined that....


 Can my landlord "serve" me, by putting a 3-day on my screen door? Isnt it supposed to start with a 30 or 60?
Doesnt he have to give us a 30 or 60 day notice first? He put a 3-day notice on our screen door when we weren't home. We've never received anything else before this. We've lived here ...


 Can you still look at a home with sale pending status?
I am a fist time home buyer and I have been looking at a home that i have fell in love with, although i have only seen the exterior of the home. It has been in sale pending status for four months now....


 Do real estate agents have to wear suits?
i was thinking of getting my realtors license and was wondering if i would need to buy suits, i noticed in almost all of the realtors pictures in the paper the men were wearing suits. is this just ...


 If a house is sold with central heating, does it have to work?
If the description of the house said it had central heating, but the boiler didn't work, what could a buyer do if anything?...


 Near half of homeowners in my area are selling? how about yours?
The property market is heading for a titanic....


 Is 375 square ft. for commercial space too small? How small are we talking?
...


 I have until 30 march 2007 to sell my house any ideas?
Im starting to get stress my house has been on the market 6 weeks and it not sold. I say in a posh area, in a new build with neutral decoration and no clutter. Help Im desperate!!!...


 ANY ADVICE??? we currently are buying a house that we can not afford. We have an arm and are currently?
paying a 10.5 interest rate. we are three months behind. we were working with our mortgage company to get the rate lowered then our loan was sold. when we bought the home it was based on all of the ...


 Renting a house without heating?
Does anyone know if it is legal to rent a property that has no heating system? Does it depend on the contract terms? Could a tenant move in without heating and then complain. Please give source of ...


 Which willl help the value of my home more. closing a agrage for a fourth bedroom or finishing a basement?
I recently bought but have a prepayment penalty. My job may be changing and I will have to sell. I can close in the garage and finish it for about $1000. The basement will cost more but I need an ...


 Would a garden pond put you off buying a house?
were putting our house on the market soon, we have two fish ponds in the back garden one is quite large 10ft x 6ft x 3ft deep and is home to ghost Koi,the other is a lot smaller and just has goldfish,...


 REVENGE! How can I get my landlord back?
I moved out yesterday. My landlord was a real deadbeat and a jerk - refused to fix the broken toilet, wouldn't let me have guests for more than 2 days, put threatening notes on my visitors'...


 If you live in an apartment and you signed a 1 year lease, does your lease renew itself or end?
...


 1 year from now will your home be worth more or less than it is today?

Additional Details
Based on the current market, economy, politics, location, etc. do you BELIEVE your house will be more......


 Apartment roof leaked, computer destroyed, is my landlord liable?
This is for a friend. I am on here to get information to help her.

She lives in California, 3rd floor (top floor), of an apartment building.

The roof leaked 1 month ago and a ...


 House prices?
we are in the process of looking for a house to buy, do you think that house prices will come down eventually?
Additional Details
house prices in the ...


 Is $875.00/month too much to charge for rent?
I have a 4/2.5 bath home (1352sq ft. not including the Florida room) I want to rent but I'm not sure if I'll be charging too much or too little considering I want the tenant to to provide ...


 How do i find out the exact boundry of my property?
the council think my fence is bows on to sa publick highway and i need to find exact ...


 I need help what Christmas?
i have three kids the ages are form 5 to1and a half and i had to move out of my house because they sold it and i had to move out because they up the rent on me and i could not pay what they wanted so ...



angelcutie
I have $20,000 saved. I'm just finishing college. I'm going to buy a car but I can't decide if I should put a
down payment on a house or rent until I save up more money. What should I do?
                     
 




Tommy G
House builds your equiy with time. It appreciates in value over time. Car's are worth less the moment you buy them. I would advise if you currently have transportation, to put down on a house and save for a car after that.


Lke
Rating
House! for sure...rental is just throwing money away when a house is an investment :) you're getting something to keep for your money


Luke
Rating
hmm, rent until you save more money. honestly.


sean g
Rating
get a apartment or something or townhouse, n keep savin up..u can always get rides from a friend or something..or just use the car u got now


fab
Rating
housing is good but think about a career path or business u would like to do first.


stoopidcrazy
Rating
Do the house, because if you put that much money down on a house, then you'r mortgage should be lower. And you'll be able to save for a car faster, since car down payments are lower anyways.
Or you could do both, but then you would have a larger mortgage, because you couldn't put as much down and on top of that a car payment.


Charles W
Rating
depends on your income and expenses.
your income and expense will determine if you can afford a mortgage.
Also depends on your debt service
Debt Service--The total amount of credit card, auto, mortgage or other debt upon which you must pay. Also referred to as your back end ratio. Lenders like to see this ratio in the 40% range. As in 40% of your income goes toward your monthly debt. Higher debt ratio loans are available.


SusieQ
Rating
House, definately. This is the time to buy a house. They are cheap, interest is low and you can't go wrong with the investment. I'd get a car for around 10k and use the rest on a house. Rent is just cash lost, if you ask me. You could be paying a mortgage instead of your rent (which will often be about the same amount of $) and you will have something to show for it -equity- if and when you decide to move.


foolishaintit
Do you have a job already?
Rent definately has its advantages if you are just starting out, if you decide to purchase, don't forget taxes, insurance, utilities & repairs! these items alone (besides the mortgage) can rise above your rent each month.

If you have a decent job, take your 20k and put it in the bank, rent an apartment and but a car. pay your rent and car payment from your check each month, keep your 20k!


Must Be The Clouds In My Eyes
i would put a down payment down on a house


hamn
save two grand to put down on a car and the rest into a house. you can finace a car and raise your credit score, and your house is a good investment. just find a compnay and a dealership thats fofering you low rates in finacing your car, and you should be set


rgsiguana
well if your put your money towards rent, your just giving your money to someone else and if you put it to your house it will be yours one day and if you buy a new car well thats up to you?if you already have a car and it runs fine keep using it and you will save more money that way too and i know you have all that money but be wise with it and use it for your own good in the long run and be smart about it,you have done a great job so far keep it up and god bless and take care.


cwis4444
Rating
I think houses are better than rent. Just make sure you have enough money, though.


Jamie C
I'd personally buy a house! You don't usually have to put money down, except closing costs... Renting is like throwing away money for nothing! When you buy a house you gain equity! And that is the best thing you can do for yourself at a young age!


lost
Rating
down payment on the house


heyteach
Congrats, but $20K is pretty small. Do you have any debts? Student loans? credit cards? How much do you want to spend on a car? Best NOT to lease, best to buy free and clear, even if it's used. You just don't want debt eating at you.
Do you have a job lined up?
Frankly, until you've got a real job and are satisfied with it and have passed your probationary period I would NOT buy a house because it will tie you down. If the market weren't so depressed, that might not be a long-term thing, but you could be trapped in that house deal for years--we don't know for sure.
I'd encourage you to make sure you have a Roth IRA and fund it FULLY every year, stay out of debt, save funds, and then when you're in a really good position--buy with confidence.
Good luck.


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