 Thank you! Do I charge rent for the whole month and what damages can I charge for? |
| The tenant has been there for 9 years and they gave me notice on the first that they would be out bu the 25th. Now they say the can be out by the 10th and want to know how much to pay for this month. ... |
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 HELP!!! - Tenancy contract!? |
| I moved into a flat in October and signed a one year contract. I cant afford the flat and i need to move out. What can i do? HELP!!!... |
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 When renting a house off of someone do u pay them the bills? |
| ok if i was 2 rent a place off of someone then dont i pay them the money for the electic and alll that and when i do then how much do i pay just how ever muc they say ?... |
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 First-time homebuyers? |
I am in need of some help. With all that's happening in the real estate market, my husband and I are thinking about purchasing our first home in about 6 months. I have several questions.
<... |
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 Big Problem- Income is less than cc debt, utilities, mortgage, car payment; no money left over for anything!? |
| Both my husband and my income is less than our debts, this doesn't even include food and gas! All of this due to our cluelessness when we bought our home with no money down, 100% financed, 3/1 (... |
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 Why can't I get a tenant? |
| I've had my rental house listed for a month. So far, 5 people have eagerly inquired, and 3 have come to see it. I know someone will rent it at some point, but I'm frustrated at the lack of ... |
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 When applying for mortgage? |
| how do banks work out your annual income? i have three payslips. does it matter that it shows basic hours, extra hours and bonus hours separately? my emplyment contract states a minimum of 20 hours ... |
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 Removing someone's name from the Deed to the house? |
| I'm needing information on how to remove my "x"'s name off the deed to the house. She has since moved to another state. I have asked her to quick claim her name off the deed and I ... |
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 Is paying 50% of your take home income to renting an apartment to much? |
| I owe nothing to anyone. No CC or School bills. All I need is the usual: Cell phone, food, personal cares (toothpaste, deodorant) , Cable/modem bills. Or is this amount forecasting trouble?... |
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 Is it a bad idea to buy a 1 bed/1 bath home? |
| I'm moving to the northern Virginia area, and I'm looking to buy a condo or a small home. It's just me, so I figure a 1 bedroom and 1 bathroom condo or house would suffice and it'... |
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 My electricity was turned off- do I have recourse? |
| The power company is in the process of installing new- bigger- power lines behind the houses. Due to problems with encroachment, they required the storage shed in the back of my rental property be ... |
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 Nice places to live in the UK? |
| We are a couple in our mid thirties with a toddler and cats. We are temporarily in London, trying to decide where to live in the UK. We used to happily live in Brighton (in a nice 3 bed Victorian ... |
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 Tenancy Agreement? |
| Can a tenant move someone else into the property if that person's name is not on the tenancy agreement?... |
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 Is bigger always better? |
When it comes to houses?
I see so many people bragging about the size of their house but quite frankly I prefer a smaller house; 1-2 bedrooms, 1 level, but with all the amenities. Understandably ... |
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 Too young to live alone? |
| I am 19 years old and considering renting/moving into a house by myself. I currently live between my parents’ house and a share house, but I find it difficult to stay at either house for more than ... |
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glocarranza | Is paying off your home mortgage a good idea? |
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Faye H
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I paid mine off. I'm in a pretty low tax bracket now so I didn't really need the interest deduction as it didn't help me that much any more.
The interest I saved paying it off early was in the thousands of dollars.
Since most of your payment on a 30 year loan goes to interest in the first 20 years of the loan, anything you can add to the principal during those first years is going to help a lot in saving tons of money over the long haul. |
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acermill
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A very broad question with endless possible answers. It depends on your personal situation. If you have enough liquid cash available to pay it off, and that liquid cash is earning only savings account interest, then it makes sense to pay off the mortgage, which is probably at a much higher rate of interest. On the other hand, you could be using your available liquid cash in investments which are earning MORE per annum than the rate of interest your mortgage carries. You need to analyze in financial terms which type of situation you are in. |
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sunshine_today
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Depends on your other debts. If you are at the beginning of a mortgage, I would make accelerated payments toward principal if you can. It will save you thousands of dollars in interest over the life of the loan. |
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Jackolantern
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Of course. But if you are close to getting it payed off in the near future, you may consider not to. when you first making payments, most all of it went to interest. Now almost all goes to principle You might not save much in interest. And you may be taking it off you're taxes at the end of the year. Pay it off or wait. Win, win either way. |
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The Scorpion
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Depends on your interest rate, but there's a number of ways you can look at it.
Let's say someone loaned you 10 dollars and you were paying them back a penny a month. But you could take 10 bucks out of other monies you have and pay it off. Would you rather pay back at a penny a month, or take 10 bucks out of a vehicle earning you 10-15% interest? Looking at it on smaller scale I think shows you better the issue involved. If someone is willing to loan you money at a low interest rate, you should take it and pay it under the conditions allowed, using other money to invest and grow. |
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Sue
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It depends on your situation. It is a good tax deduction (interest on the mortgage) if your itemized deductions are more than the standard deduction. If you either do not have more itemized deductions than the standard deduction, or, make more than a certain amount of money in a year (I don't know what that is since I don't make that much), you won't be able to deduct the mortgage interest and if you can afford to pay it off, I would. I have a friend whose husband makes a really good salary & they paid off their house (in about 5 yrs) because they couldn't deduct the mortgage anymore. |
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Vegan
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It depends on the interest rate of your mortgage (current and future.)
I have a mortgage at 4.25%, so it is unwise to pay it off aggressively. I'm better off putting the extra money in a savings account at the same bank that pays me 4.5%. |
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aout
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If you have the money to do so, of course. I would definitely pay off the mortgage in full if possible. Why let is sit there and have interest keep on piling up? The sooner you pay it, the more money you save. |
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YourDreamDoc
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Absolutely if you have $$$. If you don't, save it for tax purpose. and save it for rainy day. |
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skcs11
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yes |
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Common Sense
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Yes. |
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