 Do most aparments have the same floorplan? |
| I know in one building they will most likely be the same, but I mean in most all apartments are they the same? We are going to move into an apartment sometime, and we are not sure which one yet, but I... |
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 Condo, house, or apartment? |
| I live in northwest indiana and my fiancee and I are planning on getting married in a year. What is a good website that will weigh the pros and cons of each of the above mentioned. He will have a ... |
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 When will the house prices go down in California? |
I live in southern California and the house prices are insane.
In my city the average home is about $550,000-$650,000
That is for a older home with about 1500 sqaure feet and ... |
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 Are the house prices falling in the uk? |
| i'm now in a position to buy my first home. should i buy now or wait until the prices fall a little????... |
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 I make $75,000 a year, can I afford a $250,000 house?? |
I have no debt other than truck payment at $525 a month for another 2 years.
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I would not have the 10% to put ... |
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 Council house tenants? |
get a job or lose the house, can the govt do this? news earlier today.
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karen b. i agree with ... |
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 Would you like to live in greece? |
| so sunny days...the beautiful med sea...ect....is that enough to make you want to choose the land of the ancient gods?... |
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 Are there any rights as a landlord to evict a tenant who I found out is an illegal alien? |
| I am asking this question for a friend and the reason is the person causes alot of problems but none are justifyable for eviction. The tenant recently told me he is scheduled to be deported because ... |
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 Is paying the landlord gas money an expected expense in my case?? |
My landlord insists on picking up the rent every month for my apartment. He lives 45 minutes away from my apartment.
When I am 3 or 4 days late with partial rent money and he has to come ... |
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 Money off rent..............? |
would it be fair to ask for money off rent cos we had mice in our rented house, we've lived here a year and a half and seen them recently
my friend said we could get a reduction on ... |
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 I live in an apartment with my daughter and my neighbor smokes marijuana? What do I do? |
| I have been living in an apartment complex for 3 years now, and just recently new tenants across the hall have moved in. Within 2 months, I the hallway has been filled with the smell of marijuana, ... |
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 My grandpa has a rental property but tenants are not willing to vacate it.They don't pay rent Anyideas? |
| He is a very old man and cannot run from court to court the tenants are trying to take advantage of his situation. The property is in a prime location. Few of the tenants are reporters and so no one ... |
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 Trailer parks? |
| when you live in a trailer park, do you have to pay for the trailer AND rent the lot, or do you just have to do one?... |
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 Crazy landlady? |
| I rent a room in a nice house. I cannot afford to have my own apartment since nj is so expensive. my landlady lives in the house and is a total nutcase. right now she is not working and she stays up ... |
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beck o | Is it more economical to buy a house or rent an apartment? |
My husband and I have been renting for 4 years (he has been renting longer than that, it is kind of all he knows. I moved out of my parents house into an apartment) We have a daughter and we live in a fairly small town with low real estate rates (in comparison to the rest of the country). he thinks we should keep renting and I think we should look into buying. Any suggestions? |
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mazell41
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Most folks seem to think you should buy & in general I agree with them fo all the reasons they stated. While renting an apt. however, you have no maintenance worries, no lawn upkeep etc. Just housework but you have to do that no matter where you are. The best of both worlds would probably be a condo. Yep, lots of rules but you have them with apt. renting or homeowners' associations also. Just weigh all the pros & cons of both ways before deciding. You & your husband both need to agree as this would be one of the biggest financial decisions you ever make. It could be a marriage breaker if you don't listen to & aknowledge each other's feelings. |
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beer_farts
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Buy, at least you will own something |
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Amanda H
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short term, renting is cheaper. Monthly you will pay less...for right now.
If you buy a home though, your payments stay the same-- forever. Just think about those peopel taht bought ten years ago and have $500 payments for homes that are worth MUCH more.
For your long term future, its great to buy. However, its good to be fully ready-- control over your debts, good credit scores, etc. you'll want a small savings to cover Earnest money, and if you dont roll them into the loan, closing costs. |
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rav
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buy a house but ur husband would be tense just thinking (how to pay mortgage)
so if u want to live happier life then go on renting apt |
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GrnApl
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If ur employment doesn't require u to be mobile and u r able to homestead in ur area then by all means BUY! Why should u continue to pay someone elses mortgage? My husband's employment requires us to move every 18 mos- 3 years for promotion. We are highly mobile. We are currently renting and by the end of the lease we will have paid over $36K for a home that we don't own. Nor can we get a loan on the equity in the home but the homeowner has all of this advantage. We couldn't even sell it. Keep reasoning with him and don't give up. |
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jojo
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i think that renting is a waste of money. When you rent your money is going towards nothing. When you buy, you are paying off you house or condo or whatever you buy. renting is fine if your rent is low and you are saving money for a down payment but renting for long periods of time is just a waste of money. |
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rockladder2
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its alot better to pay for a house. When you rent ur pretty much paying for someone elses mortgage. You end up making money when buying a house and the only negative thing is you have to worry bout fixing everything |
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dsicily5
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In buying a house you will build equity with in a few years and you will be able to my changes to your home. also the amount of rent you are paying could possible be comparable to what a mortgage payment. buy a home. it's a better investment |
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Peapod
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Paying a mortgage is no different than paying rent, except that you are locked into longer "lease." Plus, you can use the interest as a tax write off. If you have the money for a down payment, you should buy. It is definitely a better investment.
The downside is, the property, and everything on it, is yours. So if something goes wrong, it is yours to take care of.
It is a bigger responsibility, but in the long run, it's better. |
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smoothshirl1
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It is better to buy a house because the value will go up.With renting you will gain nothing. |
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forjj
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BUY--As soon as you can afford it. REnting is wasting money. every mortgage payment you make is building equity(value) in the house you are buying. the sooner you buy a house the better. if real estate values are low, and you buy a house for less that 100K, the payment on a 30 yr mortgage will be LESS than 700/month. talk to a mortgage broker, find out how much you can afford, get pre-apporved for a loan, and then go house shopping. as a side note, think about buying a townhouse. you still own/build equity, but have less maintenance concerns. |
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daydreamer
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I've always heard it's better to buy, because your money is actually building up somewhere, and when it's time to move, you can sell, instead of having wasted your money every month to pay somebody else's mortgage. And if your real estate rates are low, all the better reason to buy! |
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luckistrike
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If the rates are low in your area, go ahead and buy - It will be cheaper in the long run. |
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deepadot
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I would highly recommend buying if you can afford it. I rented for almost 10 years and finally bought a condo about 3yrs ago, its the best thing I ever did. I have the freedom to do what I want with the place, never have to worry about people above me or below me or how much noise I make. Also, you get more opportunites for tax deductions. You can deduct your mortgage interest and property taxes, also once you itemize your deductions instead of taking your std deduction, you'll find many other things you can deduct like charitable contributions, donations of clothes to goodwill, etc. And then to mention the obvious, your money is actually going toward something instead of being thrown out the window, a house is one of the best investments you can make. |
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Greg G
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As a business person I can tell the answer is predicated on several factors. If you anticipate high inflation then its better to a borrower. If you anticipate lower home values than its better to be a renter. Every area in the country is different. For investment purposes the truly safe play is vacation homes. They appreciate most consistently and are immune from the effects of a slumping economy.
If home prices are inflated you could be trapped with a depreciation in investment or worse not afford the home if you lose your job. Ask a Realtor to provide you with trends in home prices and ask your local government for hiring trends. You can find out if sectors of economy are starting to hurt. There are cities where people cant even give their home away.
Bottom-line treat a primary home purchase as a lifestyle choice. Can you afford to live comfortably with mortgage and taxes. Are you going to live their long enough to realize an appreciation in value and do not get an ARM (adjustable Rate Mortgage). Don't get hung up on monthly payments (this is not a car) look for the loan product that will cost you the least in interest. And put as much down on your house as you can afford to insulate yourself from a downturn in the real-estate market. In the early 80's homes appreciated very little and their were alot of foreclosures so even though we have lived in Golden Times don't get suckered in. Do your research!!! The more the better.
As a business person I spent weeks researchiing an $70,000 purchase. Do the same with your home because most likely it is more expensive.
BTW google articles on renting. Either the wallstreet Journal or another publication argued the merits of renting in certain housing markets. |
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Columbiaredhot.com
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Its always better to buy:
* 9 out of 10 times you can sell and get all of your money back
* You can refinance and pull out equity
* Looks great on your credit
*You can rent it out for Cashflow if you decide to upgrade. |
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Sherry
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As long as you are renting, you are paying someone else's bills, at least if you buy, your paying for something of yours. And you will have something to show for your money, where now you have something of someone else's that you are paying for for them. |
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