 Our real estate agent said we need 5 grand to "hold" a property that we are interested in, What is this? |
| He said we would get it back at closing. We arranged for 100%+ financing with our lender, so what would this 5 grand really be for?... |
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 Looking to buy a home, should we pay off debt or use it for a down payment? |
| Me and my soon to be fiance (within 2 weeks, I just bought the ring), have been thinking about going house hunting. What I would like to know is that between both of us we have about $10,000 in ... |
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 Can I get this dead-beat Tenant to EVER leave??? |
| I know everyone is going to think I am crazy, but in our first attempt at renting out an apartment we seem to have gotten the tenant from Hell. We agreed to let her move in with 1 dog and 2 cats. S... |
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 When selling your home, can you legally say "no agents" or "no agency fees will be paid"? |
| I'm selling my house, and I have no desire to pay 3-6% of my home's value to a real estate agent. What rights do I have in this capacity?... |
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 I need a loan for 30,000. I have terrible credit. I have plenty of equity in 3 homes, can anyone help? |
| I have 2 properties on the market now, but buy the time I may be able to sell and settle on them will be a little to late.... |
|
 Uhh....moving outta teh house at 15? |
| me and two friends are planning on moving out of teh house at 15 [[one of us will be 16]] and we want to go to california...wat wuld be teh price range of apartments or condos in teh LA area? thx ... |
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 Do Real Estate Agents get paid a lot? |
| Do they get paid enough to buy a very big house?... |
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 Is a real estate agent entitled to a fee even though the house did not close? |
| I was buying a house when I got transferred. The builder agreed to keep my deposit of $21,000. In addition, I got a bill from my real estate agent for $12,000. She says, even though the house did ... |
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 What should I counter-offer on my house? |
My house was on the market for $330K, and I recently reduced the price to $320K.... I have received an offer of $290K.
That's pretty low, but how would you Play out the negotiations? W... |
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 I have been renting a property and recently recieved a letter from bailiffs warning me to vacate in 7 days? |
Having phoned they've said its due to the landlord having not paid his mortgage. The landlord had said to ignore the letter and is demanding his rent. I've no money and no where to go.
... |
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 What actions can I take against my formal apartment manager for calling me a whore? |
| When my formal managers tried to kick me out I fought the case on the grounds of discriminatory eviction. We settled and I moved out. When I went to get the last of my belongings and to clean the ... |
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 Isn't it my right as a renter to have until the 5th of every month to pay rent without receiving a late fee? |
| I am in Ohio and I thought that it was a state law that renters have until the fifth of every month to pay rent without getting a late fee. But my idiot landlord just sent out a letter that said any ... |
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 Can landlord have people viewing our home, after we have given our 1 months notice in? |
| Considering that we are obviously packing and want to clean the general mess, it seems like it might be him just wanting to see how the state is, he is an awkward landlord, one of the reasons why we ... |
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 Mortgages..is it always this stressful and long drawn out experience? |
| I would like to know other peoples stories. We had our first offer fall through before we even heard if our mortgage application was accepted. We had been accepted in principle but seems that means ... |
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 Where do you live?Do you own the house/flat? |
| I live in the house of my mom( it is inherited by her parents), we sold our apartment after my dad's death, but we also have one more apartment in the same building and a country house, which we ... |
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 Ex-landlord withholding deposit? |
| I moved to another state, I was assured that my security deposit would be mailed to me, now I can't even get her to return phone calls. The apartment was left in better shape than when I moved ... |
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| I have been left a half share in a house. the co owner wants to rent it out but i want to sell it.? |
| can i insist the house be sold? i am determined not to co-own a house with this person! on the will it said assets to be sold and split but it also said 'full power to postpone doing so' as ... |
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KIM K | I have had to drop my house from £210,000 to £190,000? |
due to the credit crunch/house slump, and now the reduced stamp duty, more and more sellers are having to reduce there homes. My house is a 4 bed,with conservatory.
I wonder how many people who have little or no equity are going to cope? |
 |
 
Cari
 |
Fair's fair. I have been working in relatively well paid jobs for the last ten years (since I graduated from university) and could never afford to get onto the property ladder. But it looks like I'll be able to do so soon with the house price correction that is happening now.
Note that that's all it is - a CORRECTION in prices - prices were over-inflated and the market accelerated far too quickly. It's all coming back into equilibrium now. |
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porsche928s4
|
you will equally buy something cheaper no doubt |
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Prodigal Son
|
It's really quite easy or at least for me, I live a frugal life and have worked hard for everything that my family and I have. I'm so sorry that you've had to reduce your property price, I guess though that times will improve.
Best wishes,
B :) |
|
Ian P
|
I think there is more correction coming over the next 3 years.
How do people cope, not really comparable to the coping
that the starving of the World have to endure. |
|
WelshLad
 |
How much did you buy your house for in the first place?
If less than £190,00 I don't see the problem, but if more then I can understand. |
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Robert D
|
They will cope very nicely, thank you, now that house prices are reducing to sensible levels. |
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beastseekbeauty@yahoo.com
|
Why would the equity have anything to do with "coping"? You don't live off equity..... |
|
Hat-A-Tat-Tat!!
|
i sympathise with you...one of my daughter's bought her starter home for 97,500 & it was recently valued at 85,000....now her plans to move from a flat to a house are firmly on the back boiler...she is heartbroken!
i think it is a nightmare for many people...but things will get back to normal in a year or so - let's hope we can weather the storm! |
|
Suburban
 |
You are not alone.
I have had to reduce from the agents valuation of £215,000,
to £197000.
In with my sale, is ALL the furniture, new TV, and washing machine, plus an American style fridge freezer that cost £1680 to purchase. Why am I leaving a house with all this stuff in?
I want to emigrate, and I cant take it with me.
SO, a 3 bed detached, all inclusive of my lifetime labours---going for a song. |
|
Pooh Bear
 |
I do think that every cloud has a silver lining. I suspect that house prices will now level out to a more sensible price and more people will be able to AFFORD them. It may mean that the profits on houses will be diminished and in some cases pushed into negative equity - but as has been proved historically - everything becomes a form of normality again - its just a case of holding out and holding on until such times as the turbulence subsides. Much is being done to cope with this at the present time. I should stay put if you can - even if only until the spring.
In the meantime someone should shoot the hedge funders who have borrowed the shares, sold them short on the basis of the spurious rumours put about by the same hedge funders and then sold at not just a vast, but a humongous profit - but jeopordising the banks in the process. How this is allowed to happen and they make millions and millions and the man on the street is losing his home and his business and everyone else is teetering on the edge - is completely beyond me. Lily livered governments I guess.
Hang on until the spring - thats my advice. |
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The One
|
This is not the right time to sell hang on until it all goes back to normal get your money you deserve |
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daisydora
|
I guess the answer is not to sell at the moment if you can avoid it. Negative equity is only really a problem if you sell your house. As long as you can cover the mortgage payments hang on in there until the prices begin to rise again. They will do in time, it just looks like it will take a few years for the market to recover.
|
|
((LOON))
|
My neighbours have dropped theirs by about £15.000!!!
Economists are saying the u.k. will be 3rd world in 20 years at current progression!!!!!! TIME TO LEAVE THIS COLD PLACE I FEEL... |
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robert.111
|
You are not the only one mate when the price drops it effects every homeowner,why not buy a caravan" |
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