 I dont know what a tracker mortgage is? |
Can some one please explain to me in lay mans terms the different ways of paying back a mortgage ie:
What is a fixed rate Mortgage
What is a tracker Mortgage
What is a Flexible M... |
|
 Can a landlord prohibit a tenant from moving in a friend? |
| Is it legal for a tenant to move in a girlfriend/boyfriend who is not on the lease or must they have the landlord's permission?... |
|
 A visitor has been staying at my house for 14 months! does she have ownership rights? |
| I want to have visitors staying, but what makes the difference between a visitor and a dweller. For instance they get their mail sent here. If they become a dweller do they get ownership rights? This ... |
|
 Need some REAL help PLEASE!? |
dont know if too many people will know an answer to this but help me if you can.
how will the Chicago Land area's real estate be for the next year or so? i really need it to do well. its ... |
|
 Help me come out of this situation.My Landlord is going to sell the property after the contract period.? |
| Meanwhile ppl are com ing every now and then to see the property especially on weekends when we want to have some leisure that too twice r thrice .How do I avoid this situation and handle it smoothly.... |
|
 Can you buy a home with no money down? |
| My husband and I would love to buy a home but we have no money for a downpayment and can not afford to pay more then $600 a month including the insurance on the house. Is there any way we could do ... |
|
 Isn't there a law saying I don't have to pay for the landlord to paint my apartment? I've been there a year? |
| I got charged a 500 dollar paint fee off my deposit. Also, they took off 65 bucks for a late fee from last year!!! There has to be some place I can go to file a complaint and get me money back!... |
|
 I am mortgage shopping and its overwhelming. Any advice on? |
who has the best deal?
-Have 10% down
-Credit score 639
-no ... |
|
 If a landlord wants to end a lease early, can you then leave earlier and not pay rent after that date? |
| Our landlord has sent us a letter giving us two months notice to leave, which means we have to get out of the house on September 10th, 10 days before our lease is actually up. However there's a ... |
|
 Are all apartments noisy? |
| Im living in an apartment where i can hear the people next door cough,flush the toilet,.talk on the phone ect. Now im looking for another apartment while i save up for a house. Many people have told ... |
|
 What legal recourse do I have against my landlord for what he has done to us? |
| My landlord rented us a house, with a in law trailer, and detached garage. We could live in trailer for free while we did repairs on trailer and home, and my husband would get paid hourly. We made ... |
|
 Why do tenants destroy their landlord's property? |
| They fight break windows, tear doors off the hinges, punch holes in the walls. Why?... |
|
 House value is dropping like a rock! Anything we can do? Or are we in serious trouble? |
| We purchased a starter townhouse about 3.5 years ago, with the idea we would sell in about now (or a year from now) and move into a house with a yard. The housing market was very high then. We have ... |
|
 I was wondering, what do you call a person whose a house flipper? |
| And I was also wondering if that is a career also and if its a good one.... |
|
 Should I?????? |
Im 23 years old, Ive been renting my own places for the last 6 years. about 10 months ago my boyfriend (29 years old) moved in with me, we have being going out for nearly a year.
He is trying ... |
|
|  |
ffnremt_p | Should me and my common law girlfriend buy a house together?? |
I have been living with my girlfriend for the last 5 years and we are looking at purchasing a new home....TOGETHER... is this a good idea...or should we wait till we get married... not really in a hurry to get married... but i am in a hurry to purchase a house due to the market being in the buyers favor... |
 |
 
Smart As A Whip
 |
You should know what you want first!!! Then talk to her.... If you have a good relationship, she will be honest with you too. If getting married is important to her and not you or vice versa, then you have some issues. Buying a house is just as BIG of a commitment as getting married. If you are ready for one and not the other, you need to ask yourself why. You have been together for a long time... Should you be re-evaluating your situation?? |
|
L1LVN
|
Yes, why not. If both your names are in the contract, in the eventuality of splitting up, both of you are entitled to half a share each. |
|
loanquest
|
The upside to your arrangement (common law marraige- actually in effect after 7 years of unmarried cohabitation) is that if you own the property 50/50 and ever become married and for some reason get divorced, she will not "get the house" automatically.
She will have to buy out your 50% to "get the house". So there is wisdom in this choice from your current as well as potential future position in the relationship.
The downside is romantic and business partnerships are dangerous because when the romance goes the business tends to follow.
So my question is until the two of you are ready to commit to each other are you sure you are prepared to commit to the business of acquiring, maintaining and being financially responsible for a piece of property?
In addition, it is only a buyer's market in the sense that there are tons of properties on the market. Even when there were fewer properties on the market, there were bargains so don't feel pressure to make such a giant financial leap until you are prepared to take all the responsibilities that will go along with it and preferably with someone who thinks you are worth being committed to in the first place.
Here is more information on Tenancy in Common
http://homebuying.about.com/od/marketfactstrends/qt/0207TinCommon.htm |
|
heyteach
|
You should NEVER buy a house (or car for that matter) with someone you are not married to.
Why? You're begging for trouble and you'll get it. If anything goes wrong and the relationship ends neither of you have the rights married and now divorcing people do--as well you should not. (You can't go get married at the Justice of the Peac even?) Whoever contributes more financially WILL take a bath over this. That's the way it routinely works out. |
|
godged
 |
Not all areas recognize common law relationships, and for those that do, the law is different in each.
If you want to do this, I strongly recommend you obtain a legally binding agreement regarding the home. Address who is bringing what to the initial purchase, who is going to pay for what while you own it, what happens to the financials (hopefully proceeds) if you want to sell, what happens to the house if you break up, get married, or if something catastrophic happens to one of you.
This is much easier when everyone is happy and in love. And you will both feel confident going into the purchase.
Good luck to you! |
|
jammygal
|
There is no such thing as a common law girlfriend. This is a common misconception!
Why don't you buy the house on your own, and have your girlfriend as a tenant to help pay the mortgage! Then if you and she break up you have a house, no questions asked.
Or, buy as joint partners in the same way that two friends can buy a house together. |
|
DeeDee
|
you will regret it if you buy before marriage. |
|
robert w
|
Sorry behold underling truth (but)
HADES no!
u and she buying a house 'together' are forming a partnership with major legal hassles at the time one of u passes away or u dissolve this.
OH the 'common law' thing doesn't work out in most states.
one of u will get the shaft when this goes out of favor. |
|
Jess D
 |
buy as tenants in common and you can or you can buy in your name as a single man which would make it yours if you ever get divorced - there would be no dower rights claims on it it's all up to you |
|
JoAnn N
|
If you are sharing a bank account then you should buy a house together. The law would apply the same if you split up with or without a house same as married.
Good luck, happy house hunting :) |
|
Marysue
 |
Heyteach is pretty right on. The only way I would get into something like that would be with a pre-nup style agreement drawn up by an attorney spelling out what happens if you split. (You won’t have to hang around this board long to find horror stories from people who didn’t.) |
|
LoveLifeLaugh
 |
To be honest no..Wait intill your married. 5 years is not long enough hun. |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
12 | 14 minutes(s) ago
| | | |
12 | 27 minutes(s) ago
| | | |
12 | 1 hour(s) ago
| | | |
10 | 6 hour(s) ago
| | | |
12 | 8 hour(s) ago
| | | |
12 | 10 hour(s) ago
| | | |
12 | 11 hour(s) ago
| | | |
12 | 1 day(s) ago
| | | |
9 | 3 day(s) ago
| | | |
12 | 2 week(s) ago
| |
|
Homepage 
Financial
Forum 
Renting & Real Estate 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
