 How do I get rid of a house that I cannot afford, cannot refinance and cannot sell? |
| I origianlly purchased my house and then refinance it at 100% on an arm. I purchased another house closer to work and am living in that house now. The intention was to rent out the first house to ... |
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 Moms house paid off we want to put it into my name now because she is gravely ill. How do I go about doing so. |
| She wants to put the house into my name now so there are no problems later. I am not sure how to go about transferring the house into my name .... |
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 Can my landlord evict me immediately? |
| We live in Oklahoma. We signed our lease two years ago. The lease stated "I agree not to have any pets inside or outside." My husband got a dog that stays in the house. At the bottom it ... |
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 Is closet space counted as square footage in a home? |
| thinking about taking a large closet and making it a half bath.... |
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 My apartment now leasing for lower than I am paying? |
| Ok, so I signed a lease last may to pay $1250/month for my apartment, now they are leasing these apartments for $1150. Is there a way to make them lower my rate NOW, or some type of fair housing law ... |
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 I am buying a house, and need to break my lease. My apts are trying to charge me over $4k to move out early.? |
| I am fine with most of the charges - the reletting fee, and reimbursement of discounts and concessions. The part I am concerned about is that they are trying to charge me 60 days worth of market ... |
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 How much notice does a tenant have to leave? |
From what I understand, I think a landlord has to give 60 days notice for a tenant to move out. I am in California.
How much notice does a tenant have to leave, 30 days or also 60 days? ... |
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 Legal advice for eviction , anyone plllllllllleeeeeeeeeaaaaa... |
| So i am getting evicted. Ihave tried everything under the sun to try to stop this but its useless. I went to court yesterday and the judge gave me till 8/31/2007 to get out of the apartment. D... |
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 Life will suck if u did not get a flat from parents? |
u will need mortgage, potentially for 30+ years
when u add kids to finance it will get even worse
next 30 years u will spend on working hard and getting old
then u will be ill and too ... |
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 If a house is selling for $38,000 dollars what does the Assessed Valuation $6000 dollars mean? |
If a house is selling for $38,000 dollars what does the Assessed Valuation $6000 dollars mean?
Does it mean it will be appraised for $6,000 dollars instead of 38,000?... |
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 My real estate agent is a slimebag ~ Now what? |
What should you expect from a realestate agent?
I moved 3 months ago and haven't heard anything from them. Should they be contacting me? or only when the house sells?
This is ... |
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 Mortgage Down Fall? |
| What do you think about the houseing problem?... |
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| How to find house or apartments for rent? |
I know about Craigslist but it seems so limited. What are my options for having the most options for locating a new place to rent? Im looking for a place in San Mateo county California.
Thanks ... |
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 Giving 30 Days Notice Landlord: Count Day of Notice? |
| If I gave my landlord a notice dated yesterday (Dec. 12th), do I count Dec. 12th as day 1 of my notice or does day 1 of my notice officially start on Dec. 13th? I have to give her 30 days notice and I... |
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 What are the best upgrades when selling your house? |
| We're thinking of selling our condo and we have about $2000 to make upgrades. We'd love some suggestions on how to get the most return. We've already thinking of updating the range and ... |
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 How does a lower middle class person in Illinois afford to live in California or Florida? |
| I live in Bloomington, IL and would love to live in Ft. Lauderdale, Tampa, LA, San Diego, San Francisco, or in California in general (preferrably southern).... |
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 What can i buy with a £5? |
| i have £5 to spend i know its not much money but i want to get something that i can use so i dont waste my money any ideas?! thank you!!... |
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 My fiance and I are renting a Condo my Dad owns? |
| I am living in a very new (we are the 1st to live there) Condo my Father owns with my fiance. We have lived there with my younger sister (the 3 of us) for the past year and she just moved out. My ... |
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 Should I live at home or with my friend in an apartment? |
| If I am planning on getting married in a year or more, should I live with my parents (saving money, but commuting to school and not as involved at school) or live with my friend in an apartment close ... |
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carpediemstars@sbcgl... | What are some overlooked expenses when it comes to buying my first house? |
I'm 23 and buying my first house hopefully in the spring. Whats a good downpayment? I'm completely new to this, does anyone have any advice not just about how much but in general, you know, things to watch for or mistakes that are easily made. |
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browndogzzz
|
The biggest mistake is buying the wrong house. Get it inspected and if something is significantly wrong with it walk away from it no matter how much in love with it you are |
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The Great Slappy McStretch Nuts
|
The worst thing (but also the most exciting) is just furnishing the bloody place with the daily essentials.
rugs, tables, couches, beds, curtains ($$$), chairs, trash cans, knick-knacks, bed linens, cleaning products, dishes, etc. |
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dagoodest
 |
1st and foremost, do your homework on Home Buyers Warranties! Realtors don't tell you much about them and then they shove them in your hand at the closing and you have to live with them. Do a quick search on the net for them but my particular preference is Global Home Warranty.
2nd, the BEST rule of thumb is get the most house you can now because the longer you live in it, the smaller it will seem. Especially if you add a wife and kids later. THE IS NO SUCH THING AS A STARTER HOME!
3rd, you should put away money for things that you would not imagine that you will need. Brooms, mops, shovels, lawn mowers and loads of other things will be required.
4th, when looking at houses, if you are considering purchasing a home with a garage...ALWAYS ask to pull your car in the garage. Insure yourself that you are comfortable with the parking situation. All garages are NOT created equal!
5th, look for houses that are convenient to things you do most...work, school, church. If you live on the west side of town and do most things on the east side of town, you will find yourself spending a lot of money on gas. So no matter how much you save on the house, you will encure the expense on fuel.
Finally, get the longest mortgage period you can. There are 40 and 50 year mortgages out there. Get one if you can because you can always send extra money when you have it, but if you take a 10 or 15 year mortgage, you can't pay less than the mortgage note. You can pay a 30 year mortgage like it is a 15 year note and pay your mortgage off early.
I have been in the business for over 15 years. I can be reached for questions at gkgeter@yahoo.com. |
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Brad D
|
1. I find that the overlooked expenses are usually taxes and insurance, usually rolled into the mortgage.
2. Water and electric and or gas could get up there too depending on the size of the house and lot.
A good downpayment is what you can afford. Typical is 3-5% is a safe bet but with 20% you avoid paying mortgage insurance.
First things first. Find a good Team, Realtor, Mortgage Broker, Attorney if needed and Title/Escrow Company.
You'll find with a good team usually your real estate transaction will be mostly smooth and you will have a good understanding on what the heck your doing. I will have clients call me at midnight to ask me questions and I love it though usually not at midnight. But ask questions and get educated.
Find out what you can qualify for and your areas of interest.
Licensed Realtor in AZ.
e-Mail me if you have any other questions |
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Marysue
 |
I’ve been a homeowner for about 50 days now.
We were prepared for taxes, insurance and mortgage payments, but it’s the variable expenses: household items, paint, window treatments that add up. Then there’s all the things that break or had or will have to be repaired/replaced: leaky faucets, older appliances, old windows and doors, etc. Basically, once you assume ownership, you sign on for a never ending project. And always keep in mind that anything can break at any time. Even home warranties often have deductibles.
Also, we use to live really close to work, but now our commutes are 6-7 miles each way instead of 1-2. Extra gas adds up. I feel like we also go through basic supplies like paper towels, TP, and cleaning supplies faster than in our apartment. Instead of going to Target once or twice a month, it’s more like once or twice a week now.
And it’s not just the money – I don’t think anyone can really prepare you for how much time and energy it takes to get someone else’s house ready for you to live in. I felt the need to clean every inch, and had to do it twice: once before we painted and again after we refinished our hardwood floors. For the first month, we literally did nothing but work and then go home to work for several hours on the house. |
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SYJ
 |
See your home and then chat to the neighbours to see if they can give any clues regarding the house. Have a full survey done for your own use. Have a good look round and ask questions if they have redecorated like 'why', what are they trying to hide. Look carefully in built in cupboards for any damp. Double the amount of spare cash you think you will need and then go and enjoy your new home like mad. |
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aylatroy
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Free classes are often offered at local community colleges for first time or returning home buyers. They cover a lot of the more challenging topics from down payment to APR percentages. I would suggest checking into this as the classes are often free and only take a few Saturday's of your time. Being WELL informed, or as informed as possible is where I would start.
It could save you in the long run from making smaller mistakes that could add up later!
Good Luck! |
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Serge M
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Less than 20 percent down payment requires paying for mortgage insurance.
Overlooked expenses: Homeowners insurance, property taxes. These are usually rolled into the mortgage payments. Then there is maintenance and repairs, yard care, periodic painting. Eventually things like roof replacement, appliance replacement, carpet replacement etc. often surprise new owners. There may be homeowners association fees.
Good luck. Enjoy your new home, the American dream. |
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src50
 |
There is a great book in the "Dummies" series for first-time homebuyers. Worth a read. |
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mading6
 |
TAXES!!!!!! PROPERTY INSURANCE!!! GET house thoroughly inspected. If it has bad roof, structure, plumbing, electrical, DO NOT BUY. ADDS UP VERY QUICKLY!
MAINTENANCE.
Oh do neighborhood research. Comps, check to see value of surrounding houses. check growing rate of area. |
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Diane M
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20% is a good downpayment. If you put less down you will have to pay PMI which will increase your payment until your house goes up in value or you have paid down the loan some.
My main advice is to get the house inspected and take a good look at the neighborhood to make sure it is improving not deteriorating. You want a house with resale value in a few years.
The expenses that you may not think about is additional furniture, tools to make household repairs, equipment to do yard work, a savings account for household repairs, insurance and taxes. |
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