 How do you get out of a mortgage when the other won't sell and can't assume the loan because of bad credit? |
| The mortgage is about 5 years old on a house I part own in Colorado. I've been trying to get off the title and mortgage but my ex-fiance seems to blow me off each time. I don't care about ... |
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 I live and work in a very affluent area, yet I have a very low income. How can I afford to buy a house? |
| The area That i work in, all the houses are too expensive. It's in conneticut/upstate new york and the cheapest homes still cost $500,000 or more with under an acre of land. Real Estate here ... |
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 Can my landlord increase my rent by as much as 25%? |
| The rent will then be well out of our price range. I was under the impression it cannot be increased by more than 10% per ... |
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 Non lease eviction? |
| My friend is being evicted. She has been issued a summons to go to court, but they have also issued her Fiance a summons saying that he owes her back rent also. He lives with her most of the time, ... |
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 Tricky legal question, but very urgent??? |
We just purchased a home, and moved in 1½ weeks ago (signed on 3-30-2007). We got the water turned on the same day as the signing.
After a week, we started noticing water building up in ... |
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 Which is the smarter financial move?? |
| Right now I can buy a palce but...everyone is giving me diff advice. Seems as though most say RENT right now because prices will continue to go down thru 2008. I always though by renting it was a lot ... |
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| Section 8 housing? |
| I LIVE IN SOUTH FLORIDA I WANT TO RENT OUT MY HOME, I WANTED HOW WOULD I RENT OUT MY HOME TO A SECTION 8 FAMILY... |
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 Temperature in house to avoid pipes from freezing? |
| I live alone and travel often. I live outside Philly, so it's fairly cold right now. When I travel, I turn down the heat to lower the bills......but does anyone know the safe temperature I need ... |
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 My landlord is going to keep my deposit, is this legal in my circumstances? |
| My landlord is the most unreliable person. I asked numerous times for her to bring me a new lease to sign. I asked three times and still nothing. she was excited that I wanted to stay for another ... |
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 My neighbor is playing high bass music... why are people so rude?? (I live in an apt)? |
| I don't get it. This guy has a newborn infant and about 5 other people living his apartment, yet he plays his loud bass filled music all the time. I like loud music too, but I realize I live ... |
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 What do I need to buy a house? |
| My husband and I are wanting to save up for a year and put the money we save together with our taxes and buy a house. Our credit isnt that good right now but we're going to spend the next year ... |
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 Neighbors downstairs complaining about my walking - what can I do? |
| I live in a seven year old apartment. I am on the top floor. I can normally hear my neighbor below me pounding the bass when they play video games. Anyhow, suprisingly enough, they complained to ... |
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| Should I rent the condo or buy it from the seller since he has offered me owner financing? |
| I was recently looking for a place to rent with a friend of mine. We chose a new construction condo to rent, and they are not finished yet. As we are waiting for them to finish up so we can move ... |
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 Do you need to be in full time employment for a period of time PRIOR to applying for a mortgage? |
I want to apply for a mortgage when I graduate in June with my boyfriend.
He is on around £18,000 and I hope to be on the same.
I was wondering if I can apply as soon as i get my first ... |
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popuschek | Is it wise to take out a home equity loan to buy a new car? |
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 |
 
gcason
 |
Nope. You should take on as little debt as possible.
A good rule of thumb for cars: If you can't pay it off in 3 years, it's too expensive for you. |
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*****
 |
No, unless you really need a car, otherwise it is digging yourself into debt needlessly. |
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Robert D
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Probably not, the deferred amount that you would eventually pay for the car would be double the initial cost of the car.
There are lots of good deals out there. GM and Ford still have zero interest loans and other rebates. This is the better way to go. |
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Classy Granny
|
You'll have to do some math, but it could be a good decision. I bought a car and financed it at 8%. Then went to my bank, took out a home equity loan at 5.75% and paid the car off. I saved over 2% interest and the home equity is tax deductable, the car loan was not. |
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s and d e
 |
no, save your money and pay cash for a car |
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The Cat thinks he's GOD
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Only if the interest rate is less. If you take part of the home equity loan to maintain or improve your property, then you can write of the interest and use the rest of the money for a car. I'd refinance the whole thing with cash out and pay for the car that way. Good Luck! |
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skttl969
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If you are going to buy the car anyways, and can't pay cash - then YES!
If you get a loan on your car the interest will be higher and not tax deductible.
If you get a HELOC and buy your car you will have greater negotiating power at the dealership (since you are a "cash" buyer), your interest rate will be lower and you can DEDUCT the interest on your tax return!
However, as others have said, if you don't need the car - or can pay cash - then wait... don't go into debt if you don't have to.... but if you are going to get a loan anyways you shoudl get the one with the most benefits! |
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Randy R
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NO NO NO NO NO NO NO NO NO NO NO NO
NO NO NO NO NO NO NO NO NO NO NO NO
NO NO NO NO NO NO NO NO NO NO NO NO
NO NO NO NO NO NO NO NO NO NO NO NO
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