Home | Links | Contact Us | Bookmark
Financial Forum Search :
   Homepage      News      Financial Topics     Finance Directories      Financial Forum      Dictionary  
Financial Forum    Renting & Real Estate
Finance Discussion Forum

 Apartment Manager Embarressed me horribly...?
Today my apartment manager came knocking on my door like if she was the police, I had company over and so when I answered and saw it was her I closed the door behind me and stepped outside, she asked ...


 How do i get an apartment im trying to move out for the first time ?
...


 How do i get an areial map of benton county missouri on line?
i am trying to find out about some land in benton ...


 Buying a house.?
My partner and i would love to buy a house, in the region of £100,00. we'll need at least 6 months to save for surveys and deposits etc. There is some really nice houses in that price range, ...


 What is POA stand for when printed in place of property price?
...


 What is the value of buying a trailer park home? Would the value increase like a house?
What is the value of buying a trailer park home? Would the value increase like a house?...


 Where do i live?
...


 House Prices?
I love in Los angeles CA and realy want to buy my first property (townhouse).. but the prices are sky high, but i heard that prices are going to drop...Is that true?...


 To move or not? Truly want to move!?
Hello All!The facts.Owe 99k asking 135k Round Rock,TX (Suburb of Austin) leaving us w/24k and change(after all closing and 6% Realtor fee) I am disabled(counted as income) our credit is medium high, ...


 If i purchased a home in 2005 and it was a subprime loan and then i walk away and it forcloses?
AND THE BANK TAKES IT BACK AND THEN LISTS IT WITH A REALTOR AND PUTS IT ON THE MARKET FOR HALF THE PRICE I PAID FOR IT THEN THEY SELL IT FOR THE LOW PRICE WILL THEY COME AFTER ME FOR THE DIFFERENCE AS...


 If you have a mortgage at 9.5% and the house costs 50,000?
and you have a 30 year fixed mortgage. What would you end up paying for the house?...


 Being a first time homebuyer, what can me and wife do to get a mortgage with very bad credit??
We did see a realtor but they told us we need to wait until next year to let some of our good credit history mature.
Additional Details
We can afford it, its just that it seems our ...


 What happens if they ignore my offer?
We just put an offer in on a house that is selling for $189,998. On the listing, they offered to pay one year of HOA fees with an acceptable offer. We offered $180,000 plus the 1 year HOA. We ...


 Tired of wasting money on renting...can I get financing?
My husband and I have looked at getting houses at least once every year but it never works out. I usually get discouraged and give up.

Here's our situation:

Husband:
*...


 Do you think that the Real Estate Market has falled enough to make you step in and buy a home?
I am a Realtor on the North Shore of Long Island and I am curious how the general public is viewing this matter.
Additional Details
whoops, it should say, "fallen enough"...


 Is this sound weird? 10 points for the best advise. Thank you?
I am looking for a rommate or apartment in DC. Normally, it cast about $ 500-700 per month with room mates. I came across this post. They only want $300 per month. I ignored the post because I ...


 Mortgage closing and Tenants?
I am closing on a property April 9th. The tenant is suppose to have moved out already but he is still there. I can't even schedule cable services or any other utlities becasue he is refusing to ...


 Pay off a mortgage or invest?
I have a 50k mortgage @ 5.68% on a coop bought for a total of 72k. After four years I think the coop's now worth about 300k. If I pay off the mortgage isn't that a significant return on my ...


 My leases in up in nov 1 my landlord is saying i have to pay rent for oct or she will evict me can this happen?
i will be gone by the first whats the worst case ...


 Should I relisted a with another realtor after 6 months!?
My house on the market almost 6 months now, drop the price twice already, but not a single offer, Should I take my house off the market after my listing contract end with my current agent and ...



starynight39
Renting an apartment question?
I live in Indiana and yesterday I went to go sign and lease a new apartment. The Apartment person said that I had to make a certain amount of money per month to live there. That if I made under 2800 a month then I could not move in there. And they needed a copy of my last years W2's and a recent paycheck stub......are they aloud to do this?
                     
 




mel
Rating
yes. they can't legally expect you to pay the rent if you don't make enough money to pay it. this is roughly 33% of your income, and this rule of thumb is similar when applying for a home loan. (also for an auto loan)


1sflady
Rating
I don't know about Indiana but in California it is often done and is legal. The reason they do that is because they want some sort of assurance that you can afford the rent.
I would assume that the place you're talking about knows the law in your state and is within its' right to have such a stipulation.


acermill
Rating
Of course they are allowed to do this. Their concern is that you have adequate income flow to make the monthly rent payments.

Credit/income is not a 'protected class' under Fair Housing rules.


goz1111
Rating
yes most landlord require you to make three times the monthly rent and can require proof of income


spadezgurl22
Rating
yes thats normal. most companies ask that your income exceed 3 times the monthly rent. by bringing a w2 u can prove this or u can bring a letter from ur employment stating ur income. usually people run ur credit to make sure theres no prior evictions on record.


sweetgirl
Rating
Yes they are, You are required to make three times the rent in order to qualify.


Jennifer M
Rating
Yes they are ALLOWED(aloud isnt what you meant huh?)to do that to make sure you make enough money to pay the rent!


Conniefly
I've been a renter for a long time. Unless you live in a dump, you have to qualify. They can ask for any income info they wish. Sometimes you can find a place that requires you to make LESS than a certain amount ($25,000 a year or so), but odds are good that you won't be completely satisfied with all of your neighbors. My suggestion is, as soon as your lease is up, look into real estate. I've wasted a lot of hard earned money in rent, and now every time I plan on buying, I chicken out and rent again.


bluebrancall
Rating
hi its blue i live in england,in our country you have to put up a bond of the amount of money that the landlord reqires,this is like a months rent in advance,if i were you i would be very carefull.what you are doing ,these are very personal things and in the wrong hands they can do a lot of damage, catch you soon blue


dmale81
Rating
i think that's stupid. this is the way it should work if you don't have a job or bad credit you should have to pay a little more money. and then its up to you to pay your rent on time or get kicked out. no one should be denied an apartment or house.


 Enter Your Message or Comment


User Name:  
User Email:   
Post a comment:







Archive: Forum -Forum -Finance - Links - 1 - 2 - RSS - All RSS Feeds
The Causes and the Results. 0.004
Copyright (c) 2011 Financial Crisis Tuesday, May 29, 2012 - Terms of use - Privacy Policy