 First Time Home Buyer in NY w/ bad credit but large down payment needs help!!!? |
| my fiance and I are first time homebuyers with horrible credit (me=555, he=559). We like a house and the asking price is $89,000. We have $20,000 for a down payment. We have a combined income of $6... |
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 What are the risks of paying a lot of rent in advance? |
| I work in temporary employment, so a prospective landlord for a London rental property has asked if I can pay 6 months rent in advance. This means that I won't need to pay rent again for ... |
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 If someone swears/signs an affadavit in front of a notary and lies, is it perjury? |
Just found out that my husband took a line of credit against our home to buy land in the country without disclosing our marriage to the lender.
Even though my name is not on the title to ... |
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 How long after my house has been repossessed will i get my money? |
does anybody know how long it will be after my house has been repossessed i will receive my money for it
Additional Details
no my house is getting repossessed and it is selling or more ... |
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 Agree or Disagree? |
| There are so many folks out there that are in dept up to there eyeballs and have lost there homes to foreclosure. I have a funny feeling that when people get this stimulas package money, they are not ... |
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 Did you pay too much for your house? |
| And now wring you hands and whine about it even though your an idiot for not having the intelligence to realise a crash was always gonna happen?... |
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 We have some dead beat renters...? |
Now we find that they gave us false socials, birthdates, etc.
Our dispossessary case will be heard on the 14th. Can we ask the judge for a copy of their socials, and drivers license so we can ... |
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 How long does a house sale take from offer to completion? |
| we have no chain and the buyer has sold his property.he is as deperate to move in as we are to move out.... |
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 Will the real estate market go up anytime soon? |
| I live in Southern California, more specifically in Ventura county and have a home I would like to sell. However i was wondering if I should hold off for a couple months just in case the market goes ... |
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 If you almost had your house paid off what would you do? |
Would you finish paying it off, sell it and buy another if it didn't suit your circumstances now. The kids are grown and the house is too big. I need ideas!
Additional Details
Also I... |
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 What should be done about buy-to-let owners? |
| This was inspired by a question asked just a little while ago. What has gone wrong where houses are being used to make money out of by people who clearly already have enough? Since when did houses ... |
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 Please help moving disaster.? |
| we sold our house in the begining of feb this year and have since had three moving dates....the latest date we were given was in two days from now(today is tues and were due to move on thursday.) we ... |
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Stephany | Real estate question? |
I'm intending to be a first time home buyer with my husband. If a home is listed at say $2,100, even after I've made the search specifically for PURCHASING a home, does this number represent something other than the PRICE of the home??? There is NO WAY a home could be that low and look as nice as the one I saw! |
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Jerrold J
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That number is a RENTAL LEASE monthly cost; it is NOT a typo or a selling price.
And since you are a first time buyer and are asking this question then you are NO WHERE ready to start looking at houses.
Buying a house for the right reasons at the right price in the right condition for the right terms is one of the biggest investments you are going to make (for most people) so do NOT do this alone or without lots of research.
Ever hear 2 heads better then one? Here is a incomplete list of the heads that SHOULD be involved in HELPING you buy your first house.
A GOOD buyers agent that KNOWS your market inside and out and can tell you what the LOCAL market is doing and WHY.
A banker to tell you what you not only can qualify for but ALSO how much you SHOULD be budgetting for house payments, taxs, insurance, repairs, and utilities.
A home inspector, a real estate attorney, a tax accountant, a general contractor, and a MENTOR that has bought and sold houses for a profit before in your area that can help you thru your first deal.
Remember that most people move every 7 years so be thinking about selling WHEN you are looking to purchase and make this a way to create additional income while enjoying living in the house. |
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Curious1one
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it was prolly a typo and meant to say 210000. |
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pawler deeeen
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probably is a rental and this is the monthly rent amount.... Remember: if it sounds too good to be true, then it probably is..... |
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Alex J
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ok thats prob. rent |
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Bob D
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est mortgage payment |
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acermill
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I assume that you are looking at sites for distressed or foreclosure properties. Do not be misled. You're not going to buy a house for $2100, or anywhere near that figure. You are probably seeing the figure which the current owner is in arrears on. The home will sell for FAR more than that. |
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TAR
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The way you typed it, with commas, that would be two million, one hundred thousand. If it says $2,100.00 then it is probably a typo in the ad. |
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countrydude
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are you sure it isn't $210 000? I've never heard of a house under $50 000. most houses around where I live are at least $300 000. |
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broccoli brain
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If you saw an ad on the internet there should be able to contact the person who placed the ad by email....do that first and if you need to get their phone number and call them for clarification. |
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Sigh Co
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that's probably the estimated monthly mortgage payment. |
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Ross
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You can't legal advertise a mortgage payment unless the terms of the loan are explained in the ad. I will go with the majority and say it was a typo |
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Mencken
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DON'T DO IT!!
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"The housing bubble is deflating faster than anyone had anticipated. Overall sales have slipped more than 40% from their peak in 2005 whereas, prices have gone down a mere 6.5%. Prices, which are a lagging indicator, have a lot further to drop before they touch bottom. Robert Schiller, Professor of Economics at Yale University and author of Irrational Exuberance, “predicted that there was a very real possibility that the US would be plunged into a Japan-style slump, with house prices declining for years."
http://www.dissidentvoice.org/2008/01/the-deflation-time-bomb/ |
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landmangirl
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Get it in writing from the seller and take it to the bank! |
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