 We're having issues with or landlord and mold? help please!!? |
| OK, here goes. Last year or so, we had a leak in the bathroom from the tub not draining properly, carpet in the kids room got soaked and we ripped out the padding, floated the carpet to dry it. Then ... |
|
 When "flipping" a house what are the tax consequences? |
| What can be written off and how does it affect personal income tax. Also is capital gains involved?... |
|
 What do you think about REALTORS? |
| What has been your experience? The reason I'm posting this question is that I have seen some people on here speaking in not so kind words when it comes to Realtors. Some of it comes from so-... |
|
 Homeowners: How much do you make, and what does your house cost? |
Please, renters and apartment owners, I am not requesting your answers at this time. I still love you, though. :-)
My husband and I will be making a NET income of $57,000 next year and we ... |
|
 Is 7.625 a decent rate? Historically? |
I've been offered a mortgage for a 30 year fixed rate of 7.625 on a conforming level2 fannie mae loan with 20% down. Fico score is at 616.Looking at 120k home.
(Midwestern homes are still ... |
|
 What do you think? |
| My friend, Emily, and her family are moving (somewhere else in the same town) and they are selling their house. My family are looking for a house and we are concidering on buying Emily's house. ... |
|
 Mortgages & Bad Credit? |
| My fiance and I are not married yet, but are thinking of buying a house. We both have pretty bad credit. When I google "bad credit mortgages in Pittsburgh PA" a hundred links come up and I ... |
|
 Can a mortgage company prevent me from leasing my house after I've lived there for 3 years? |
| It was my primary residence for over 3 years. Does anyone know anything about this? Does it always have to be owner occupied? Thank you!... |
|
 Can maintenance be carried out in rented accommodation without 24 hours notice to enter property? |
I wrote to my letting agent about 6 weeks ago concerning a large crack in my window. The crack in my window was there before I moved in. However, now it's getting to winter i wanted it fixed.
... |
|
 How can I find the history of my house? |
| I actually have since moved a block or so away from my old house. I'd still like to find the history of the house, though, just because it seemed so cold and dark. Several people in my family ... |
|
 Is this a scam? (REAL ESTATE)? |
| Developer is looking for investors to buy lots of land. Developer is wanting to start an IPO and get $$$ to launch it. Investors buy lots and "cash out" $20 K -- then lease the lot back to ... |
|
 How do i get on Section 8? |
| i just got kick out for my dads now i'm at my moms i cant work i get ssi and i dont have a home what can i do ? i wont have any for 6 days and i cant stay with my mom and i dont know anyone who ... |
|
 I have a credit score of 640 my fiance has a score of 750. Can we buy a house what score would they use? |
Additional Details
We would only have about 5% to put down in order to pay for closing costs and have some emergency cash left over.... |
|
 First time home buyer using a VA Loan...? |
| My Husband comes home from Iraq in a month, and we are going to buy a house as soon as he gets home. I've heard that a VA loan takes a while to process and what not. So my question is, how long ... |
|
 Does a landlord have the right to call at the last second and say they are? |
Coming to go thru the house to check on it? The gave my boyfriend about 8 hours warning that they coming.... do they have the right to go thru the house like that?
Additional Details
Its ... |
|
 Should we make our initial offer over the asking price? |
| My wife and I are going to make an offer on a bank owned (foreclosure) home. It is a nice 3 bedroom ranch with a full partially-finished basement, hardwood floors, pool, etc. It's in a ... |
|
 Can someone tell me where i stand with my landlord going to court to get me evicted? |
| on mytenancy agreement it states who my landlord is but does not provide me with his address or phone number. my tenancy agreement ended on 7th january but i have not found anywhere else to stay as ... |
|
 Going to view a house tomorrow bit of advice? |
| We have been renting a flat since last May. It was fine through the summer, but since winter has come we have found it to be very draughty and cold. We are wanting to get a mortgage on a house ... |
|
|  |
Fiyah! Canadian Beauty | Is $15 000 enough for a down payment on say a $210 000 home? testing waters...? |
Im not exactly knowledgable on home buying yet (im 22) but I've got some money saved up now and I want to buy a house as soon as possible. is $15 000 enough for a down payment? If not, what number should I be aiming for?
Im in Ontario Canada if that makes a difference....
Also, if theres any basic things you could tell me in reference to home buying that I need to know, i would appreciate it
Additional Details
Also, I dont really have credit...
I always just buy cars outright, and havent bothered with credit cards yet ( i didnt want to ruin my credit because I can be impulsive at times). The only things a really have are phone bills and stuff of that nature (which i always pay on time). So i dont have bad credit, I just dont really have any credit... |
 |
 
judgelovesapples
 |
Do you have an RRSP?
I believe that you can withdraw a certain amount from your RRSP tax free and put it towards a downpayment, but you have a certain amount of years to pay it back before you are penalized, and you loose the interest that would otherwise be compounded if it says put.
Get a realtor and a mortgage broker. My husband and I are buying our first house, and we don't know how we would manage without them. |
|
Ben
|
Not sure how it is in Canada, but here in the US most banks want 20% down when you buy a house, so in your case that would be $42,000.
Right now in the US banks are cautious to lending money and I doubt they would give you a mortgage with that little down. Especially with what happened when people put little or no money down a few years back and got us in the housing crisis.
Like I said, I don't know how it is in Canada, but if you were in the USA that probably wouldn't be enough.
Best of luck to you! |
|
Just M
 |
Yes 20% , if you don't your mortgage payments will be high .
It's important to put down as much money as you can . |
|
mrs_faccaro
|
The experts say 20% is a good down payment, which would be about $42,000 on the house you're wanting to buy. However, if you've only got $15,000 and are determined to buy now, go for it, as long as you can afford it. |
|
Clark Kent
 |
Generally you should pay 20% down. In the US, you have to pay a large insurance premium if you pay less than 20%. Sometimes you can get around the insurance by paying the 20% by taking out a second mortgage so you can pay the 20% down on the first mortgage. |
|
scott d
|
you can get a mtg putting $15k down but the best deal would be putting 20% and paying your closing cost out of pocket...the best advice i can give you on purchasing a home is to make sure you are comfortable with the monthly payments. You wont get the full enjoyment out of being a home owner if you are stressed each month about the payment!! |
|
Angie
|
You should try for at least a 10 percent down payment. |
|
M dub
 |
a a first time buyer, you should seek out any first time home buyers programs in your country. Here it would be the FHA, you guys may have something similar. Usually these loans are backed by the govt, have below market rates and down-payment requirements and sometimes even down-payment assistance. this is definitely what you want to check out, because right now in the rest of the market nothing is getting done with less than 20% downpayent. of course you will have to satisfy income requirements but i'm guessing you knew this. |
|
Ed Atun
|
Yes, it is more than the 5% minimum so you will do fine.. |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
9 | 33 minutes(s) ago
| | | |
7 | 2 hour(s) ago
| | | |
9 | 4 hour(s) ago
| | | |
9 | 9 hour(s) ago
| | | |
9 | 10 hour(s) ago
| | | |
9 | 1 day(s) ago
| | | |
8 | 4 day(s) ago
| | | |
9 | 1 week(s) ago
| | | |
9 | 2 month(s) ago
| | | |
9 | 6 month(s) ago
| |
|
Homepage 
Financial
Forum 
Renting & Real Estate 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
