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 Purchase house for 240,000 but the tax appraised value is 320000. If you put 0 down must you pay PMI?
...


 I own 5 acres of land and was told that it' sworth $185,000. Is that per Acre or for all 5 acres?
One real estate agent told me it was per acre and another one told me its 185K for all five acres...which one is right....


 How would I find out who owns a home that is not occupied?
Im looking at a home at 48 Benjoe Drive, Amityville, NY 11701 its completely empty and I just wanted to know if it was for rent or sale....


 Can my landlord successfully hold my money for this?
i had left a place that i had rented with my animals. when i did the walk through i was told that it smelled like pets. i tried to clean up the pet odor as much as i could and left the windows open ...


 Next door neighbor has vines growing into/on my property.?
I would like the neighbor to remove since it's coming from her vine plant on other side of the fence. It's growing out of control and is climbing on my roof. I've been out of town for ...


 Council House?
it it possible if you work full time to claim a council house where you dont pay rent the council covers you but obviosly you pay the general bills or is that only if you are unemployed?...


 What criteria do you have to meet to get a morgage?
how long in a job , what kind of wage earned, circumstances ...


 What's the fairest way of dividing up the rent for a 2BR apartment with 3 people?
It's a 2 bedroom apartment with 3 people living in it; 2 of whom share 1 bedroom, and 1 has his own bedroom.

Is a 50%/50% split fair? The 2 people sharing 1 bedroom pay 25% each, ...


 Do you need perfect credit to get a mortgage?
I have a few accounts that show "settled" or "settled for less then owed" on my report and one or two that are in collections that need to be paid off. My husband has some medical ...


 Is it right if landlord notices to enter apartment in five days including holidays for dirty inspection.?
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 Can a mortgage company (in CA.) that holds the second (20%) on your home, foreclose on the entire home?
The mortgage company that holds the second on my rental property in the amount of $60,000 is trying to foreclose on my entire rental property that is valued at $450,000. Is this possible?...


 How easy is it to lie about your situation when trying to get a decent mortgage?
fir the house you want. With my income which isn't massive but not pathetic, i'd be able to buy a mobile home as house prices are a joke here. Single floor apartment can cost 130+ K. What a ...


 I have accepted an offer on my house, will i still get charged selling fees from estate agent if i back out?
I have just accepted an offer on my house this weekend for the asking price and have decided not to move now,due to a change of personal circumstances.
Will i still get charged the selling fee ...


 Condo vs. Manufactured Home?
I am planning to eventually buy a house over-seas, and since I also plan to stay here for a few months out of the year, I am looking into buying a place here also. I am having a hard time deciding on ...


 Do you live in an apartment or a house?
...


 I am approved for a home loan but only with a down payment.At this time we don't have any money to put down.
I was told by the loan officer that I could get a 2nd mortage loan to cover the down payment.Does anyone have any information about this?
Additional Details
Should I try for this or just ...


 Is it common to get ripped off by real estate agents?
Also, I would like to know what are the most common ways that real estate agents try to get as much money out of their clients.
Additional Details
I realize that there are a few "...


 I am buying a home and the broker is threatening me, using information I supplied to get the loan against me.?
He says if I don't give him all the money in my bank account then he will not sign off on my loan. The loan company signed, the title company signed... but the broker will not sign. He says he ...


 Landlord wants me to do my own background check?
I want to rent a commercial space and my landlord wants me to perform my own background/credit check. I've never had to do this before, as all my previous landlords did this for me. Is this ...


 HELP. I have an opportunity to buy a 2500 sqft home for 360k and no down payment with an interest only loan?
for 7 years. This is because my parents cannot sell it in time and will have to foreclose. I only make approx 45k a year, I can afford the payment because I have permenant renters (brother and sister)...



JentaMenta
Is it a good time to be buying a first house in the UK?
I've been hearing that house prices are still rising. I'm looking to get onto the housing ladder within the next year, but I'm a bit nervous of getting a mortgage and then the housing market crashing! Any tips for a first time buyer??
                     
 




Russell B
Rating
Buying your first house will be a good investment, providing its in the right area, you consider your mortgage carefully,you have the house checked out buy experts.

Consider if you can aford it your insurance options against redundancy ill health etc being out of work a few times the mortgage payments were covered till i was back in work.


fargo
Rating
You do need to get on the housing ladder soon. I cannt see house prices slowing down as the market is still bouyant. If you cannt afford to buy where you want buy a house in another area - rent it out and sell once the price has gone up and use the equity to buy in a place you want. Dont over spean too many lenders are allowing high income multiplies and youwill struggle to survive unless you rent one of the rooms out. You have lots of options need good Independent Financial Advice go to www.thepremiergroup.co.uk


johnnylegs
I've just bought my first house in Farnborough, Hants. We were told that if we wanted to get a house fairly cheap, Aldershot was a good place to buy. Mainly because they are taking over 25% of the army's land and have just put in place a 5year development plan. This in turn should see prices in the area rises slighly faster.


MrsMac
good question - prices continually rising, but forecasters say bank interest rate is due a hike to slow the trend of increases. See a financial consultant to gauge fixed rate deals aainst normal fluctuating rates


redjonjak
Rent !!!!!! Im a landlord !!!!!!!!!


kunt
my girlfirend and me just brought our first house in feb this year. i was thinking the same thing as you but everything i've read and heard says house prices wont crash they will level out. rising has slowed down at the moment. its a risk you need to decide if you want to take. its great having your own house so you can do what you want to it when you want. if you leave it to late you may get left behind. good luck if you decide to go for it.


Pennyless
Rating
The market is a funny thing but don't think it will be crashing anytime in the near future....well I hope not anyway.....


srracvuee
that's the chance you have to take but i think you should go for it and never mind the pundits forecast they are only guessing there is no hard facts either way Good Luck


Mr Glenn
The best advice is always 'buy now - if you can afford it'.
The talk of a price crash has been ongoing for three years...the housing market never really crashes...there were a few problems in the 1980s...but as long as you could afford your mortgage, no one lost out.
Expect interest rates to go up a bit - but once again, because the economy has been so stable for so long, they will not need to go up far.
One thing that is never good news for interest rates are Tory party economic policies, so you should be more worried about paying your mortgage if they win the next election.

So, buy now, as soon as possible, but only if you can afford it, even after a few interest rate increases - it's probably worth getting a fixed rate mortgage for a couple of years at least.


Not Ecky Boy
When I bought my first flat in 1974 everybody told me I was mad, the prices were bound to fall, 4000 quid was far too much, etc.

There's never a good time to buy a house!! but if you need a home, just do it. Don't leave yourself short though. You still have to have money left over to have FUN don't forget.


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