 OMG, Can I legally break my lease now? Please help!!!? |
| So, I'm in my apartment tonight, relaxing and grateful that I had the evening to myself. All of a sudden I see a 4 foot long snake in my bedroom. I guess it was someone's pet that escaped. I... |
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 The house has been reposessed? |
It's up for £145,000.00 the bank is owed £83.000.00
how much would you offer?
... |
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 What is escrow? |
| We are 1st time homebuyers or fixing to be. I have been researching all these terms, but i dont understand escrow...there's escrow account, escrow on the house. What is this..and i even heard ... |
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 I'm selling my house and only getting about $1400 out of the sale...? |
| In 2004, I purchased my first home. I was recently divorced, and took a loan that didn't include taxes and insurance. In 2005, I refinanced to include taxes and insurance, and also paid off my ... |
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 Mortgage help please, how much per month? |
can someone please tell me know much this will be per month
our home will sell for £180,000
we have £61,000 mortgage left
house we want to buy is £229,000
over 19... |
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 My landlord is demanding I mail my payment. Can she do that? |
| My landlord, who lives a few miles from me, is now demanding I mail my rent payment to her. I did have a returned check last month, so now she will only accept certified funds. In that instance, I ... |
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 I'm moving to Fl for school, me & my bf want to buy a house together? |
| Only myself will move to Fl and live in the house. But my bf wants his name to be in the tittle too. We will split in half to put down payment, monthly payment, bills, etc... Of course we will have ... |
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 Can a family with small Children be evicted in Winter months in Vermont? |
| A friend of mine has fallen behind on his rent,due to unexpected unemployment. He has started working again but is being threatened with Eviction. They have a 2 1/2 year old and a 11 month old living ... |
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 If you are an apartment tenant on a month to month tenancy, how much notice is required if they raise rent? |
| I moved into an apartment Aug 2005 and signed a one year lease. In Aug 2006 my lease was up and I was never asked to sign another one. I guess that means I've been a month to month tenant ... |
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 How do I get rid of my flatmate? |
| My boyfriend and I share a place with our flatmate. He's disgusting. He has his own bathroom and I am pretty sure it's been cleaned once since we moved in [we've been here 6 months], ... |
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 My landlord took my bed and gave me a single matteress? |
| He sold the flat and I have to find a place by April but the thing is, he took the furniture out yesterday including my double bed and gave me a single matteress to sleep on, not even a single bed, ... |
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 Letter from Landlord? |
| I Just received a letter from my landlord saying that after 35 years that he will be selling the building that I am living in. The lady on the 1st floor from me told me that they may be tearing down ... |
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 My rent checked bounced and I am now being held responsible for the landlords fee's from his bank? $470 WORTH |
-THIS IS NOT IN MY LEASE
-I DIDNT SIGN ANYTHING STATING I WOULD PAY THOSE CHARGES
- I ALREADY PAYED THE FEE'S FOR MY CHECK BOUNCING AND OVERDRAFTING HIS ACCOUNT.
-I STAY IN A CONDO... |
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 Low income apartments and housing? |
| My fiance and i want to move in yogether but he makes 7.00 an hour and i make 7.75 an hour and were both in school is there any way we could get a place?... |
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mbz | Very confused on home buying .What should I do? |
Which makes for sense. Option 1-Get a house I don't like that much in a good area, for $135,000.
OR Option 2 - There is a house I like more in a good area also, but can't afford.The owner is able to do a rent to own option with a $400 credit per month so at the end of the year .I'll have money saved and can get fiananced after a year.
This house is $155,000
Tell me why? |
 |
 
minootoo
|
Just tell them to drop the price $6000/- now, see what they are saying.
The real estate taxes and the real estate Interest are deductible from your income, so you need to take that in to account, depending on your final $ tax rate + state income tax rate you can get as much as 50% of the first year payment back on the taxes so go for it ask an real estate agent or banker to explain this if you do not already now it.
If an accountant or tax services did the taxes then ask them also to estimate this for you.
Buy the one that you like only or rent it on the saller's term. If you buy the other you will be not happy.
Be happy. |
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ratherbski
 |
First never buy a house you can't afford. That's why so many people are in foreclosure.
What makes you like you can afford the house a year from now when you can't afford it now? The P&I on 135K is about $900 per month while 155K is just over $1000. If you think you can save money over the next year how come you can't pay $100 more in mortgage. Also how much is the rent? If it's more than what a mortgage payment would be than your losing money not gaining.
If you do decide with the rent-to-own make sure you go to a laywer. You'll need to get the property appraised now and put a clause in the agreement so that if the house value goes down in value over the next year that either you reduce the price of the sale or you can get out of the deal and you get back your $400 per month of credit. |
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frankie b
 |
Only buy what you can afford. Do you want to end up in foreclosure like the rest of the country. |
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Patrick G
|
Every area in this wonderful country is dropping. DO NOT BUY. How was that? clear? Wait and don't buy now. If you want the expensive home, go on contract with the seller but don't pick a price now. It is not going up, and will almost surely drop in value. Tell them you still want the $400 going to the purchase price however decide on a price after a year. Then get two appraisals, his and yours and average the price. If this works for both of you, go for it. |
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richard t
 |
option 2...........why buy a house in an area you don't want to live and live in a house you don't like.............. |
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patrick
|
Go for option A.
Never buy what you cant afford. |
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Love My Hubby - Hate His Mom
|
If you can't afford the house you like, keep moving. Nothing will kill your credit or your spirit more than a foreclosure. |
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beachbum_susie
|
Normally I'd say, stay with the one you can afford, but you have an option. I would go with option 2 because you are the one who is going to have to live there, so it might as well be the one you like. Just make sure you can afford it, because you'll be miserable no matter how much you like it if you cannot afford it. |
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enyaw78
|
I think that the second option seems like a great idea. This way, you won't buy the 1st house and always think "what if?"... Also, with the 2nd house, at least you can pay off the house little by little and don't have to pay it all at one time. Then as you said, you will eventually own it anyways. :) |
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proud mother of two
 |
go for the house you want...do not settle!! make sure the agreement with the other owner is in a contract. you will regret it if you spend that much money on something you don't like |
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