 My tenant refuses to pay her august rent, I filed papers for her eviction and for the outstanding unpaid rent? |
| she has been given until 5th of sept. to be evicted. I got the order of possession .I have a contiued order based on alligation by her lawyer that the defendant claims she fall down in the property,... |
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 Should I buy property now? |
| I'm 29 and on an income of about £18k (£21-22 with bonus), I expect to be in a better paid job within the next few months though. I've been renting since moving out the family home and ... |
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 Should I buy now or wait a few months ? I hear the housing market will drop next year.? |
| I am buying a house in North Alabama soon I am thinking to wait a few months and I may get a better deal . Should I wait or get it now?... |
|
 Can someone on housing benefits have a lodger? |
Is this legal and is there anyway around it?
Any info you have would be useful!
Thanks in advance!
Additional Details
Well its not being advertised on here, it was just a ... |
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 What can I do about my apartment's leaky roof? |
| I complained to the landlord almost 2 months ago. They told me when the roof dried they would call a roofer. We had drought conditions for about a month and nothing was done. I called again last ... |
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| Are you ok with buying a foreclosure home? |
| i mean do you really feel comfort to buy a home which it ex-owner is kicked off(please give me serious answers)... |
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 My 80 year old tenant pays me in small bills and coins. It annoy's me, should I evict her? |
| She doesn't believe in checks and money orders. Just wrinkled up cash. It takes up too much of my time to have to count it. I could get more rent out of a new younger tenant.... |
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 Why would a lender not allow a tenant to AT LEAST finish a 6 month lease on a foreclosed property? |
http://www.cnn.com/2007/
If a tenant that had signed a lease before a property became foreclosed is paying his/her rent on time and ... |
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 Should I accept 2 Checks every month from a tenant instead of 1 check? |
Hello,
I own small office property. I have a new tenant who for accounting purposes ask if it is ok for him to provide me 2 checks per month -- he will still pay on the 25th every month -- ... |
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 What is the cheapest you can buy a decent house in a decent neighborhood in your area? |
| I'm always amazed at what some homes go for on the TV show "Flip This House". So I'm curious what part of the world do you live in, and what's the cheapest you can buy a ... |
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 My mother wants to put me on the title her home because she intends for me to own it one day.? |
| She is going to buy a new home in a retirement community. Will there be financial problems associated with this if just I am on the lease or the both of us? Can the transfer be done simple and ... |
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 Help me explain difference between breaking lease and eviction? |
| I need help explaining to a friend that they are wrong to think that if they just stop paying rent on the remaining for months of their lease that they will get evicted and not have to pay anything.... |
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 Landlords for tenanted houses help please?? |
i rent out a house which i've had a tenant in for about 3 years.
he is complaining that some of the walls are marked and could do with a fresh coat of paint.
i'm not hugely ... |
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 Is a finished basement counted in a home's total square footage? |
"finished" = sheetrocked walls and ceiling. Carpet over cement.
Thank Y... |
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 Can I take my refrigerator, stove and microwave upon moving out of the condo that I bought? |
| I bought a condo and now am moving out. No one has bought it and it is not yet on the market. Can I legally take my appliances with me?... |
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 Should you rent or own a home? |
| Need opinions from consumers who would prefer buying over renting.... |
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 If you have an eviction will some apartments still rent to you? |
| I have an eviction and don't know how much it is and I need to rent an apartment but I want to find one that will take us even if the eviction is not paid off.... |
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m | What are the advantages of buying a home? |
verses renting one |
 |
 
SndChaser
|
a) Less restrictions on use - no landlord to tell you not to paint your walls purple.
b) Appreciation - properties tend to go up in value
c) Equity - Part of your monthy payment goes to lower the balance you owe on your loan (sort of a forced savings plan)
d) Tax benefits - Property tax and mortgage interest is tax deductable
e) Credit worthiness - A mortgage with on-time payments is a great boost to your credit score/report |
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Pure Genius
|
when you buy a home its not only a great investment but its yours vs renting an apartment you are just wasting the money because you have nothing ot show for it.. you dont get to keep it right??
if you can buy a home i would do it! You will not regret it!
found this site online and it had lots of reasons to buy a home
http://www.stevemarowitz.com/RealEstateTips/HomeBuying/Default.aspx/NF=1
hope it helps! |
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Jo
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You earn equity if you buy the home yourself. Any updates you do to the home, helps the equity go up.
Our home, we bought it 3 years ago for $119,000. 2 months ago we had it appraised to do a refinance and it was valued at $160,000. $40,000 increase in a short time and we really didn't do a whole lot to it.
Good Luck! |
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chemcook
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If you rent you have greater flexibility to move if you relocate or need more space.
If you rent you don't have to pay additional real estate taxes, water, sewer, or maybe even heat or hot water.
If something breaks, the landlord has to fix it.
Rent is NOT wasted money. It is paying for a service, like food. No one says that money paid for food is wasted.
Interest is tax deductible, but the way some people talk, you'd think it was free. The higher your income bracket, the less the interest reduces your taxes.
If you sell your house and need to buy a new one, the profit you made might be enough to buy another house exactly the same as the one you just sold, but not better, so what good is making a profit? |
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garyandpamella@hotmail.com
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Many! Don't hesitate. If you plan on living in the property for a period of time (5 years or more), and you can afford to purchase, and the price is market value for your area, then buy. Look at it this way, if you rent, you end up with rent receipts. If you buy, you will probably end up with equity. Also, because you get a tax deduction for interest paid, it's like the government is paying part of your payment. Plus, it's home. |
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Kutekymmee
 |
1 - equity. you actually own something that is worth money.
2 - taxes. the money you pay for interest on the mortgage is tax deductable. |
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Bobby J
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Equity, it may or may not help with taxes depending upon your financial situation and the cost of the house. It is your house so you can do what you want to do to it. The money you put into a rental house is just dumpted towards building someone else's equity or investment rather than having your own investment.
That and you can say you are a home owner. |
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Jay S
 |
We see this question nearly every day. There is no doubt that if you are financially qualified, owning is always preferable to renting. As a renter, you pay someone else's mortgage and maintenance costs plus a profit. You don't make anything for yourself. As a home owner, you build equity (cash that sits around waiting for you to use it) for simply owning the property. Any improvements you make to the property increase your equity. As a renter, you pay rent and get no tax deductions. As an owner, you get to deduct the interest you pay on your loan, and any portion of the property you use exclusively for business (ie a home office). Finally, as a renter, you have to save money if you want to invest or buy property, toys or a college education for your kids. As an owner, you can use the equity you build by either refinancing or by using a line of credit and paying yourself back. So there's no question: Owning is always better (but not usually cheaper) than renting. |
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iceman
 |
-Tax deductions.
-The asset and equity of the house
- And most importantly the investment of the house and ability to earn a profit when sold.
Unlike renting which is bascially throwing money away. But in todays current market it may be better for some people. |
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Investor
|
If you buy it right.
You can make tens of thousands or hundreds of thousands when the value goes up.
You have tax deductions too.
Learn a bit about real estate investing. This is the best education I ever got and the most money I ever made is from Real Estate Investing.
http://www.forumforme.com/
Creative Real Estate Investing Forum |
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Wash Bucket
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First of all - its yours to make any changes, additions; paint landscape etc. You personalize your home to your tastes. 2nd of all there's a great tax advantage & 3rd as you pay your mtg balance down you have equity in your house which you can use toward purchasing another home possible larger. |
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Andrew D
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u can live there, and have a home |
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