 Can the landlord keep my stuff and let other renters use it, if they never gave me a chance to go and get it? |
| My boyfriend and I were out of town for a month. We gave the rent money to a friend who was staying there to watch our cat while we were gone. She ended up not paying it so we got an eviction ... |
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 Can I sue my Landlord?!?!? |
| Okay, so here is the deal. I came home from my father in-laws house fixing an computer problem for him to come back to my place to notice and pretty big crack in my ceiling. Looking at the crack I ... |
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 Can I afford this Apartment? |
| Its really nice its 2 bed room for $1600. I make about $3000 a month as a nurse. Cell phone is $100. car payment is $260 insurance is $145. Tv and internet is $135. The website says the apartment ... |
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 Is my friend entitled to housing benefit.? |
| A friend of mine has never worked and has two grown up children living at home,her husband has just walked out on her.Will she be able to claim housing benefit.The rent is paid for the next month,but ... |
|
 Which is cheaper building a buying a house? |
| Me and my husband are thinking of building a house even though we dont have land so we will have to buy a site plus build on it. So would it be cheaper to build or just buy a house in Ireland??... |
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 If apartment building is being sold do I get my deposit money back? |
| The apartment building I'm currently living in is being sold to a new owner. What do I do about my deposit money? Technically, when it's sold to a new owner, the previous owner would still ... |
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 I have no proof of income and need to rent? |
Hi All,
rather than beat around the bush like other questions i thought I could just be straight forward.
I am an escort, i work for a company. However, I make cash only, and i ... |
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 Why can't I find a cheap property in London? |
The Press are full of stories about the fall in property prices, and people defaulting on their mortgages, causing the Banks to re-posses their homes and sell the properties on.
As a want-... |
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 Should i rent a house that has no central heating? |
i am house hunting at the mo and have found a really nice, 2 bed end of terrace.
the house is fairly big an has lots of character.
the only problem is....its got no central heating!!!
... |
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 I purchased a home with countrywide in august 07.we are in default of the loan.How do I know if Its a subprime? |
| mortgage.And if we are going to get help or not.We dont want to lose our home,but are facing foreclosure.last time I talked to countrywide,they said we would recieve a foreclusure notice by dec 11th.P... |
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 Why is this house so cheap? |
The OTHER ones in that area are about $100,000 more expensive but why is this : http://www.roseburg-prop
only $49,000??
Additional Details
http://www.... |
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 Am i able to buy a house with this salary? |
| ok so i work 2 jobs and make 20$ an hour together and i get paid bi weelke my boyfriend makes about 8 an hour and also gets paid biweekly. about 2400 a month all togehter what type of house ... |
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 DO I HAVE TO PAY TO TAKE MY NAME OFF MY HOUSE DEED WITH MY BOYFRIEND? |
| ME AND MY BOYFRIEND OWN HOUSE AND I NEED TO NO IF IT COSTS TO TAKE MY NAME OFF... |
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| My landlord keeps harrassing us, What do we do as tenants? |
| He is an old friend of my husband's father.. They grew up together, so when we moved here from another area he offered his apt. without a lease. For 1 yr now, he keeps calling us at all times of ... |
|
 Filed ch13, now facing foreclosure-what do i do? |
| we filed for ch 13 last year coz we were behind on our mortgage, we were unable to keep up with ch 13 payments and mortgage, coz we lost our jobs. what do we do? we have equity in the home, enough to ... |
|
 What is the best excuse to get out of an apartment lease? |
| My fiance, 2 months ago, decided to get an apartment with a lease of 6months before i decided to move down to live with him in Texas. Our landlady is a witch! She is scamming us of our money, is ... |
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Jennifer S | Is it pointless to put extra money towards mortgage if planning to move in the next year or two? |
My husband and I are planning to move soon. I say that extra payments at this point are akin to putting money under the mattress. He thinks we will get more than we put in when we sell. We understand that extra money applied to principal shortens the loan, but don't understand how that all works. Is the loan refigured every month? every year? Where would we find out this information? Our mortgage is with US Bank - would their customer service be knowledgable enough? Thank you! |
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shiprepairwoman
 |
Prepaying a mortgage is the same as investing at that percentage. So if your mortgage is 6% and you send them 1,000 you save 60 a year and when you sell you get back your $1,000 plus all the interest you saved. |
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bannabeauty
|
Why not take your equity out by refinancing and keep the property, lease it out and let the property pay for itself. That's what my husband and I will be doing in 2010. We are relocating. We will be refinancing and let the house pay for itself. It will be some added income for our retirement. The answer to the other part of your question is Yes, it would be a waste at this point if you guys are going to move soon. If you keep the property, then I would begin the process of paying off earlier by paying extra towards the principal. But be careful, because many mortgage company's don't want you to pay off early. You need to read the fine print on your mortgage papers whether you refinance or not. |
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Auris
 |
Paying more on your mortgage is the most tax effective way to go.
In other words if you invest the extra money somewhere the interest you earn will probably be taxable but the saving you realise by putting it into your mortgage will be tax free (& probably give you a better return as well) |
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BZgirl
 |
I wold agree with u the economy is bad u need to save cash money as much as u can,also if u plan on moving in the States i wold say yes keep up the mortgage but don't put extra because the real estate is really really bad this days.If u plan on living the country in 2 years its not even worth to own a home cause u wont be able to sell it.But if u are moving in the states do not pay extra save ur money cause u wont be able to enjoy them for many many years. |
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bugsysue2
 |
Anytime you put real hard money on your principal it is good. What I would say is to check on the sales of homes in your area as the price of houseing is not good right now. There are several homes being sucked back in by repo's. YOU might want to think about investing in more property if you have extra money at this time. One thing I know is you will not lose on real estate. IT is proven over and over to hold and gain. Here is a good link to look at.
www.countrywide.com
www.quickenloans.com |
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SlapChop Ur gonna love my nuts
|
A lot of mortgage companies aren't very knowledgeable in anything.... and that is a fact. You can ask the same question to 10 different people and get 20 different answers
The way I look at is... and this is from experience. If you may have a hard time selling the house due to it being worth more than other homes in your immediate neighborhood then most definitely pay more to lower the principal. With the housing crisis and loan companies now making it harder to get loans then having a lower principal will make it easier for your home to sell.
I have a home that is too large for the neighborhood. It's out of place they say. It's worth about $530,000. When the houses in my immediate neighborhood are only going for about $200,000 and lenders consider it a high risk property. But there are million dollar homes 2 streets down... I can't sell my home... I don't want too, but I did want to refinance it and I am not able too. It has nothing to do with my credit, because my credit is good enough to refinance... it's because of the house being out of place in the neighborhood.
I plan on paying the house off this year anyway, but from experience, I say keep paying more than you have too, that way you have an easier time selling it...
Buying a house isn't getting easier... so anything you can do to make it easier will alleviate headaches in the end. |
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TheOnlyChoice
 |
I will keep this real simple. Is it harder to sell a $10 shirt for $5 or a $5 shirt for $10? Advantages of owning real estate are: reducing taxable income, profit from sale, customization (adding a swimming pool, remodeling, etc.). Looks like the only benefit you are getting right now is being able to write-off the mortgage interest you are paying. Fact - home prices are falling and may continue to fall into the year 2011. If you make payments to principal, the odds are you'll never see it again. If you are planning to move within 24 months, make just the MINIMUM payment you need to make to stay there. Save your cash. |
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Ego
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I wouldn't do it. Invest that money somewhere that's likely to appreciate or get you a return. Putting it into the house won't lower your monthly payment, and isn't appreciating. What's the point? |
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