 *Council mansions*? |
I was wondering today. If a family had like 15 kids and the parents weren't working would the council/housing association provide a mansion for them to live in.
Additional Details
... |
|
 Would you do this if you had too? |
| My fiance and I are going to apply for a townhouse today. The only problem is our income. THe rental goes for 1150.00, and combined we only make 2,452.00. We have no debt is only paying off my ... |
|
 Should I refinance an 80/20 50 year loan w/ a 2 yr arm after 8 months? |
| I purchased my first home in September of 2006. At that time, the only loan I qualified for was an 80/20. (50 year w/2 year fixed arm). The first loand is at 6.97% and the second is at 9.9%. At that ... |
|
 Open House a bust...ideas? |
| My home in Northern Mi has been listed since Nov. "06. I haven't had one person look at it, I have dropped the price $80,000, put many improvements, working w/ a realtor (Coldwell banker), ... |
|
 Question about renting a flat? |
If I want to move into a new flat at the beginning of July, when should I start looking?
I will be renting, not buying- I understand the market moves really fast and have been told before ... |
|
 Is it weird to have or even ask for a "apartment" warming party for your 1st apartment? |
| My Boyfriend and i are moving into our first apartment. Finally! I have waited 22 years to do this. Just a few months after my 23rd birthday, my bf and I will be moving into our first apartment. We ... |
|
 My wife's credit score is mid-700s, mine is high-600's, can we get a home loan? |
Additional Details
How do they choose which credit score to use? Experian, Equifax or TransUnion?... |
|
 Help!Pending forclosure No sale date Yet........what is the next best move? |
| I am working now $43/hour 32 hours a week as a Nurse, the investor (Wells Fargo)will not work with me at this time (was not able to keep on repayment plan one time last year), I own my home owe $158,... |
|
 How long do you have to own a house before you can get a home equity loan? |
| My husband and I are in the process of buying our first home. We got a great deal on the house at 1/2 the appraised value. How long do we have to own the house before we can take out a home equity ... |
|
 When should I buy a house? |
With all the news on house prices at the moment, is it a bad idea to buy a house?
I'll probably have enough to pay at least 20-40% upfront but is there a good chance the value will go ... |
|
 When selling a house through a Realtor, how long is the contract for? |
| Ive had by house up for sale by owner with no bites. Im thinking about putting it through a realtor but was wondering how long it would be up through that realtor?... |
|
| Were can one go to apply for a government grant to buy a home. and if there is some were how long does it take |
| i need help buying my home i live in have bad credit so i thought that there might be some kind of grant program that can help. it can be some kind of loan i could pay back i dont want it for ... |
|
 What can be be done about an illegal eviction? |
| I received a phone call tonight from my brother's landlord telling me to come get his belongs or he was going to put them outside. There was no court order, no hearing, no nothing. He went into ... |
|
 Is it legal for a realtor to show an occupied apartment? |
| This apartment is currently lived in, with the occupants having a one year lease that is not set to end for 11 months. The realtor is showing the apartment despite a sign that asks them not to and ... |
|
|  |
boxgirl85 | Should I buy or keep renting? |
I've seen the calculators. Those are not what I want to see....
Here's the details. My fiance' makes about 50K and I'll be starting a part time gig in Sept. (Like waitress or something.)
We spend 700/mo in rent now.
I am getting married in Sept and we'll be getting a little cash from the wedding.
We have 3k to work with.
I'm concerned interest rates are going to continue to rise.
We're first time buyers.
We've been pre-qualified for 125K.
Should I keep renting or buy? |
 |
 
RealtorV
|
If you own, you have the write offs at tax time and something you can borrow against, rent out as investment property or sell down the road. Starting your own business, you will be able to itemise deductions if you reach a certain deduction level and owning a home usually gets you there, like maybe an in home office, utilities, your mileage, etc. A lot of times when a buyer figures out how much they can afford they forget to include the $3,000 to $4,000 (IN your case) that they will be getting writing off at tax time. And then an in home office and your other deductions should be several thousand more. For a $125,000 loan your payments will be anywhere from $900 to $1000 depending on taxes, program and rates. It might seem like a stretch now, but at least you are building some equity for your future. And if you are paying $700 now and remember to include the $3000 you will be saving at tax time..that's another $250.00 a month that should be realised into the equation. For a clever way to move in with NO money down visit the Nehemiah Program at getdownpayment.com and Ameridream.com. Good luck. |
|
hollywoodmelody
|
Go back to your lender or find another lender who will pre-approve you. Pre-qual won't get you anywhere if you want to buy a home. Go on different websites to look at homes you like and then make your selection. Call a Realtor who can show you a variety of homes. Let them know you are working on getting pre approved or a loan. They won't take yo seriously otherwise. Also as far as the $125,000 amount, don't be surprized if that changes. When you pre-qualified it just states that you spoke with a lender but no real paperwork was actually exchanged. All agents and Realtors know this so if you stay one step ahead you will succeed.
If you decide to rent it may cost you in the long run. |
|
hirebookkeeper
 |
I am a homeowner, but if I had to do it all over again, I think we should rent. Here are things to think about: It's not just the payment, it's the utilities, the insurance, the maintenance, all these things go up every year, never really see them go down and what do you have left after you have paid the bills for your home ownership - groceries, money to eat out, for entertainment, savings. Use some mortgages calculators found on the internet, plug in the numbers. Work with a realtor you like and listens to your needs and be sure to check into first time home buyers programs with your state or local community. Best wishes on your wedding. |
|
opal fruit
|
Buy i think renting is dead money! |
|
Alterfemego
|
It is almost always best to own real estate, not only for peace of mind, knowing it's yours to do with as you wish within certain governmental guidelines, but you may derive additional tax benefits. First time buyers - that's great! Select 3 loan companies and get information on their programs and ASK if they have "first time buyers money"?. If not go to the next one. You may have to take a couple of classes, but it's well worth the investment in time. Once you've selected the loan company, make an application with them. Then select 3 Realtors, ones that have a GRI or CRS designation. They have more experience and knowledge, they work the business full time. Select one you're comfortable with and that understands what you may want in your new home. Pick a good listener. And Wala! You will be a homeowner in no time. Oh, and you can buy before you get married and have a home waiting for you after the wedding.
Good Luck! Best Wishes! |
|
rottonweiler
 |
you should most definitely buy. but remember do not purchase home at the amount you qualify for, it should be less. do not reach to far out of what you pay for rent now! as stated before you will have insurance, taxes and other expenses. most can be included in home loan payment. my husband and i purchased home after much stalling on his part(afraid of that commitment) which is too retarded for words. you will build equity in your home, which is very valuable if you need to borrow more later. the 3k you have should go to down payment, do not finance that you don't want to pay 15/30 yrs for transaction that you have money for. also if you pay near asking price for house your offer should stipulate that seller pays closing costs. or at least most of closing. i unfortunately let husband make those deals, we got screwed 2 times. he is no longer allowed to enter into any binding contract without my approval. |
|
Marianne T
 |
Don't buy until after you get married. Then only buy if you plan to stay in the house 5 years or more. After you are married, you will have the time to really snoop around and find a great house that has been reduced in price with the housing slump. Good luck! |
|
michelle7212001
 |
We bought about two years. It is definetly a good idea to buy if you can. But, let me in to a little secret. Houses are just money and time pits. If you dont have those two things to spare than buying is not for you. Everyday something else needs fixing. Whether it is minor or major.
Also, before you buy anything. Get an inspector of YOUR OWN to come out and inspect the house. Look into all public records about the house and ask to see proof of work that the previous owners say that they completed.
In just the last month, our sewer line busted, our dryer broke, our fresh water line broke and we found out that there are roots in our lines.
So, please from me to you...think LONG AND HARD. Make sure that the house is worth buying and save save save.
Good Luck and Congrats on the wedding. |
|
John T
|
Good question and the answer is simple. As a Mortgage Advisor I have to say straight up BUY NOW but that is not always the RIGHT answer. I would first want to know several questions but normally to purchase now is best despite the rates. They are not going to get better they are going to get worse but they are still low compared to the late 80's when they were in the teens. Take advantage of the still low rates, take advantage of the fact your new home is YOURS, take advantage of the Tax deduction you will get, take advantage of the equity you will build in it, take advantage of the fact you have something to show for it. Got more questions - go to www.jtrapaso.thinkhomeloan.com and to www.esimortgage.net contact me if you need more help |
|
amit h
|
I THINK YOU SHOULD BUY BECAUSE FIRST YOU SPEND ON RENT ANT YOU HAVE TO SHIFT TIME TO TIME IF YOU BUY YOU DONT HAVE TO SPEND ON RENT U HAVE YOU OWN HOUSE AND VALUE OF YOUR PROPERTY INCREASES TIME TO TIME |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
10 | 17 minutes(s) ago
| | | |
10 | 50 minutes(s) ago
| | | |
10 | 1 hour(s) ago
| | | |
10 | 6 hour(s) ago
| | | |
10 | 7 hour(s) ago
| | | |
10 | 11 hour(s) ago
| | | |
5 | 2 day(s) ago
| | | |
8 | 5 day(s) ago
| | | |
10 | 6 day(s) ago
| | | |
10 | 1 week(s) ago
| |
|
Homepage 
Financial
Forum 
Renting & Real Estate 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
