 ----Are houses necessary? |
| I mean, we live in an advanced age! Travel has become so wonderfully easy. Is it really necessary to tie ourselves down to moldy, decaying buildings? Is it not possible for everyone to lead an ... |
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 What should be my initial offer? |
I am interested in purchasing this home:
http://www.blanchardandc... |
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 Who do you think get more quality sleep time? People who live in houses or people who live in apartments? |
| Who do you feel are more sleep deprived, people who live in apartmemts (co-ops and condominiums included) or those who live in houses (trailers, town houses and mobile homes included)?... |
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 Gas, elec, water bills??? |
| Is it better to pay these by direct debit or on a meter. Will be for a one bedroom flat and will only be me and my boyfriend livin there. Which is cheaper/best?... |
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 I paid too much for rent? |
| My rent is 525 a month, but I just looked at my old bank statements and realized that in the last 4 months I have paid 535 and my manager didn't tell me. Should they have told me that I was ... |
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 Can a landlord put that house on the market to sell while tenants are still renting? |
| Does the Landlord have a right to sell the house while there are tenants living there?... |
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 How do you get an ex's name off the house title during a? |
| divorce?? she left about a year ago on her own free will, she has a house of her own( she might be on housing,since she dont work) she wants half of what the house is worth but it is being bought on ... |
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 Is it possible to buy a $250K apartment with only $15K down payment? |
I make 85K a year and i want to purchase a rental property for cash flow. Thanks!
Additional Details
I'm not buying in the state that I live in. And that x2 salary myth is a load ... |
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 How do you find out how much houses have been selling for in a neighborhood? |
| All the advice I've seen about home buying says to find out how much houses in a given neighborhood have been selling for, so you will know how much to offer a seller. Any ideas where I can ... |
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 Can a Landlord enter your house without contacting you? |
| How much of a notice does a landlord have to give? Scenario: He called my phone 3 times and my voice mail box is full. I pull up and see him trying to get in. My girlfriend is also on the lease and ... |
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 My landlord still wants rent, but he lost the house to the bank! Help!? |
We just signed a month-to-month rental agreement on a house in April, and paid first month and deposit.
In July, we received a notice that the house was going to be up for auction due to ... |
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 If I buy a home that is constructed in 2008, Do I have to pay property taxes on it in 2008? |
| I remember when I was talking to a realtor about a new home, she mentioned something about only having to pay property taxes on the land for the first year since it's new construction. Is this ... |
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 Does anyone have any tips for a first-time home buyer? |
| Any tips or suggestions you may have would be appreciated.... |
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 For closure after 10 days late on my first payment? |
| I have two loans for my house one is a big lump some and the other is 20,000. Well i am behind 10 days on paying my first payment on the smaller loan and the loan is through an indiviaul not through ... |
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 My home loan has been sitting in underwriting since 8/13. I feel like the longer it sits there, the more the? |
| chances are of being denied. If it was a "go", then we would have heard by now. Right? I think that if we have to wait this long, it's because they're deliberating whether or not ... |
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 Can I use my deposit as my last month's rent? |
| Our lease is up end of the month. We have bought a home and will be moving in throughout next month. Can I use my deposit as my last month's rent? What are my rights, and what can a landlord ... |
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 Is the landlord responsible for bringing our wood stove up to code? |
| We asked our land lord to have our chimney swept and when they came out to do it they said it was not up to code and he refused to sweep it. We rely on our stove for heat in the winter, as a much ... |
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 When someone likes a house, how long does it take to make an offer? |
| My brother had an open house yesterday and one person seems so very interested and even the agent thought he would get an offer today, but he's worried he has not heard anything. He has a new ... |
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izz it izz it wickid | My mortgage is so high!! how? |
do i go about moving mortgages?? so i pay less per mounth over a longer period of time?? |
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Mike
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I recommend that you talk to your credit union if you are a member of one or talk to the bank where you have your checking and savings accounts.
Your credit union or your bank will give you the best information and in most cases the best terms.
I recommend that you avoid mortgage brokers.
Mortgage brokers are paid by commission and they are very good at convincing you they are giving you a good deal and then switch you into a very expensive mortgage that makes lots of money for them but is a very bad deal for you.
Unfortunately the mortgage papers are so complex that it is easy for the mortgage brokers to pull a switch on you.
I recommend that you hire an attorney who specializes in real estate to review the mortgage papers before you sign off, and if there is a 3 day recission period have your attorney review the papers within that 3 day recission period and be prepared to cancel the transaction if the terms are not exactly what you were promised.
Tell the attorney that you are hiring him to protect your interests in the transaction and that you are concerned that you have heard that in some transactions they have slipped in some very unfavorable terms to you.
You are hiring the attorney to prevent that. |
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leambi
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The easiest option for you would be to contact your current lender and ask them to extend the term of your mortgage, i.e. 20 years to 35 years and maybe switch from a repayment mortgage to interest only, other than that it would mean switching mortgage lenders, which is theoretically remortgaging your property, if this is something that you wish to do you need to take into consideration arrangement fees from lender, valuation fee and booking/transfer fee, make sure that your current mortgage deal doesnt have a tie in period as there will be charges for this too, contact an independant mortgage advisor if this is something that you want to look into. |
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KathyS
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You must have a variable rate mortgage right now if the payment is fluctuating. You need to refinance and get a fixed rate. |
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:-)
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you need to get yourself onto
www.moneysavingexpert.com
Do a complete check of all your finances see where you can save money to make it easier to pay for things.
Go onto the forums and you will get loads of hlep with anythgin you can think of! |
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Franco
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You can speak to a mortgage broker and he will charge you nothing as he gets paid commission.
However it will be more logical and probably cheaper in the long term, to speak to your present lender first, as they can certainly extend the time of your mortgage. |
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Marky
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Find a broker who will source the cheapest, or use someone like moneysupermarket.com
You just need to keep in mind that it often costs £1,000+ to switch mortgages with the fees and survey that you will need, so it may be cheaper over 2 or 3 years, not instantly. |
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?
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U need a fixed rate mortgage .. if you move now u may have to pay charges
I would speak to a mortgage advisor |
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neogriff
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Have you asked your current provider to extend your mortgage?
You will find they are very helpful and will usually switch you to a better deal if they think you are going to move to another provider. Just tell them you would like to bring your repayments down and they will find you a more suitable deal without the hassle of closing deal fee's and lender's fees. |
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Perplexed
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You go through the same process that you did to get your original mortgage.
Get the longest term possible, typically thirty years, and the lowest rate you can. If you can't afford that number, then sell the home and get one that costs less.
cheers. |
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Rafael P
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yes, good advice given here is to check with your current loan company and tell them you need to bring the payments down, and what kind of deals do they have for refinancing you on an "express" loan. Usually express loans are basically refinances with the same company strictly for rate and term reasons, meaning that you are not taking additional cash out, and they do not have to go through the entire underwriting process since you are their client, and they have already underwritten you. |
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loopylynds2506
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You would have to discuss that with a qualified independent mortgage adviser. However, if you pay over a longer period you will be paying back a lot more over the whole term of the loan. You need to find a reputable mortgage adviser that isn't tied to anyone mortgage company. Just a bit of advice too, the adviser shouldn't charge you anything as they get a fee from the mortgage company direct. I personally use Crystal Clear finance but there are plenty of companies about.
Hope this helps |
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