 What do you guys think about lease-to own...? |
House?
Is it worth it? i am thinking about it....what should i watch out for?
and where can i go to find this kind of program? fannie mae, 21 century real estate??
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 Have a problem with landlord. Any legal help would be appreciated!? |
| When first moved into apartment owners husband said it was ok if we broke our lease to buy a home. Now he states that since we are not purchasing one from his wife (a real estate agent) then he wants ... |
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 Question from a first time home buyer? |
| I plan on buying a home in the Sacramento area in about a year. I currently have a student loan for about 26,000 with an 8% interest rate. Am I better off asking for extra money on my mortgage to pay ... |
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 What to do about an inappropriate landlord? |
| My landlord has been acting really inappropriately towards me lately, like making excuses to come by my apartment late at night when none of the other neighbors are around just to "check" ... |
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 How do we price a house we are wanting to sell? |
| We have the comps from the area and have a ball park figure that we are thinking of, however there are some issues that need to be addressed. The roof and AC are due for replacement in the next ... |
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 How can she sue me for money? |
| A few months ago I moved in with my boyfriend whom was subletting from another person. When she decided to move back she held my mail and will not give it to me. I did not sign any kind of ... |
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 Should my landlord have to pay??? |
| I'm living in a rented fully furnished appartment with my boyfriend since August 1 this year. The appartments were brand new when we moved in so we were expecting to have no problems. However, ... |
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 Do condo fees include maintanence for your apt? |
| Like if the plumbing for your home is not working or the electricity is out, it it the condo's responsibility to fix it? I am planning to buy a condo and rent it out and was wondering if it I ... |
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| There is home worth 125K,for a first time buyer how much the mortgage of this home will be? |
| The home is 2Bed/2Bath, about 2500sf, build 1980's. Recent updates on roof and bathrooms. 2 car garage.It is sell by owner for 150k but negotiable. I want to propose 125k for the home for low ... |
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 I think my ex landlord is ripping me off? |
| I recently moved out of a shared house where my cat caused some damage to the carpet on the first floor landing. I believe this to be about 5 square metres and my landlord is now charging me £220 ... |
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| How much will the dss pay? |
hi have just had my lil boy and on income support.. i am wondering how much the dss will pay on a 2 bed house.
ABUSE WILL BE REPORTED
Additional Details
to spook542 i have ... |
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 Flipping houses using hard money lenders.? |
| when using a hard money lender to purchase a property to flip. is it possible to negotiate a deal where you do not have to pay the lender back until after the sell. i plan on looking for property ... |
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 High or low down payment on mortgage? |
| As an investment, is it better to put down 20%+ on a home loan?.....or put a minimum down payment of 10% down and invest the remainder somewhere else?... |
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 I only have $78.52 in my bank account, which is not enough to cover the rent check I wrote for $739.52. |
| Even when my weekly paycheck is directly deposited, I will still not have enough money. My wife is bi-polar and went on a manic spending spree. I have never been late paying rent in the past. What ... |
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 Prospective landloard asking for TOO MUCH sensitive information.? |
I'm about to move into an apartment building. On the application, the management company asks for:
W2's
2 Original pay stubs
My latest tax return
My bank account numbers ... |
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lynn g | Rent apartment or mortage payment>? |
you will never own a apartment, but you own you home one with equity input.like this example your apartment are $1200 month, and you find out that you payment that you was making on apartment will be equal to owning you home ,that you can fix up the way you want to,and change inside an outside it you idea that make you home a great place to come to.with $300.00 more your mortage payment will equal out to $1500 month, that great idea for something that you are buy in. |
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tonalc1
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I'm not sure about your question--which is better?
When you have a mortgage, early on the bulk of the payments are interest, and you can deduct that amount on your income tax. A good deal. |
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anjreynolds
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It depends on how a person wants to look at the situation. Many people choose to live in an apartment because they don't want to have to deal with coming up with money to pay for items when they break or go wrong. Many also don't want to have to deal with the upkeep of the exterior of the home including the home itself and the yard. Others just don't want the complesity of owning a piece of real estate. However on the other hand, many people choose to buy a home because they feel as though they aren't just throwing money down tubes. They will actually have something to show for it in 10-30 years. Others want to obtain a sense of pride and show off by owning a home and being able to do what ever they want to the inside and outside of the building. Plus sometimes you can actually get more space and buildings for the price of your morgage than you can when you rent. Its totally up to the person themselves. |
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Marlene M
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A mortgage on a house is the best wray to go - you control the whole deal - you can always rent out a room or the basement to make the mortgage payments easier - you build equity and have your own home to create the living environment you want. Factor in reality - upkeep, insurance, taxes, upgrading cots and extra bills.......... No matter how you cut it - it is worth it! |
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casey_leftwich
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Your question and answer was hard to understand but I think I got the idea. It's almost always better to go with a mortgage. After several years, you'll build up equity in your house and that can really pay off in the future when you sell because of the housing price will inflate. |
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chinnookwinds
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Go for the mortgage. Why pay for someone elses dream home?
It is always better to have equity and assets.
Good luck and happy house hunting. |
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jimbob92065
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Also, depending on the market in your area, the mortgage payments are like a personal bank account, because you'll get it all back when you sell. At least I did, bought a 4br/2b for 160K in 1996, sold it in 2002 for 300K. Added up all the payments that I had made, it came out to like 100k. So I got all my mortgage payments back, plus some. |
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GreekChick
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Is this a question? You've already answered it! Buy your own place if you can manage it. |
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satarnag
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My website has a free rent vs own scenario. Click on "Purchasing" under mortgage resources. The link is on the bottom of the page.
www.amirifinancial.com |
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Forget-n-forgive forget it!!
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It really depends on what you want. You will need to consider property tax, insurance, and general maintenance. Owning your own home will give you an asset. If you do decide to go this way, you will save on your income tax. Also add as much as you can each month on the principal and you will save on interest and reduce the term of the mortgage. Watch out for pre-payment penalties and hidden costs. Shop around for rates and closing costs. |
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Stormy
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When you buy a home, sure you are going to have your mortgage payment, but you are also going to have to pay insurance costs, property taxes, upkeep and maintenance costs, you are also going to have to maintain your lawn according to city and county codes, weekly trash pick up fees, etc. With an apartment, you just pay the rent. |
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