 Just set up home and need free/very cheap stuff? |
hi
ive always rented furnished accomadation .but now ive got a house and i need basically everything.im on a tight budget.ive tried freecycle,does anybody know of any similar websites or ... |
|
 Need info on rental question? |
| recently i rented out a hyome i own to a gal who had no money to pay the security deposit. the house was dirty from last tennant so we agreed that she would clean the house in lieu of paying the ... |
|
 What can the landlord do if I leave the rented house on my own (the rent is too high) and rent somewhere else? |
| I made a bad rental deal when moving to a new area after I got hired with a new job. It's 1800 a month house and I cannot afford it. I have rented for 3 months now (my rental agreement is for 12 ... |
|
 How much should I save for a downpayment for a home? |
| I am living in an apartment and would like to buy a home.... |
|
| Owning a home- (Christians only please)? |
| Ok, so my husband and I, who have been married for 6 months, are currently living in an apartment. He's still in school, I am going back for my masters next fall, and needless to say, we ... |
|
 Using equity on my property to build a much needed extension? |
| Can I use equity in my property to build an extension without any hidden payments etc from my lender? I can't afford to get a bigger mortgage to extend. I know that house prices are falling at ... |
|
 I am renting a place carpet REAKs of Cat Urine. I want OUT. Can I break my lease? |
| I just want to move at this point. The place smells so bad. When I went to view the place before I began renting I didn't smell the cat urine because there were all these air freshners. I ... |
|
 Would you buy a condo near a railroad? |
| The balcony faces the railroad and its a real eye sore. But I love everything else about the condo. Is it dangerous to live near a railroad?... |
|
 Under what conditions is it okay to break a lease for an apt? |
| I plan to break my lease regardless of the consequences. What should I expect to deal with as a result? Is there a 'good' way to go about this?... |
|
 Applying for mortgage, I have very bad credit, boyfriend has good credit? |
| My boyfriend and I are starting the process of buying our first home. I have a bad credit score (although I have cleaned up most of my debt, the damage I did a few years ago in college still ... |
|
 Does my landlord have to pay for damage to my property? |
| I rent an old farmhouse and the roof of the extension started leaking. It is a flat roof and water came through the ceiling in two places and wrecked my sofa-bed. After talking with my landlord, I ... |
|
| House payments? |
| how much would electricity, gas, phone, internet, water, car, and groceries cost all together per month. IN AVERAGE... |
|
 My Loan Was Sold ---Can New Lender Change Terms? |
I have never heard of this......
and even recall in all documents signed personally and for my clients the disclosure by lenders regarding selling of loans, how many of their loans they ... |
|
|  |
Heather S | What do you do if you owe more than your house is worth? |
We bought our house 3 years ago for 849,000. Yes we did the zero down with two loans. Now with all the foreclosures and the market our house is worth about 620,000 and the house across the street just sold for 570,000. We are still paying the high property taxes even though our house isnt worth that now. I did put a call into the city to have our property reassesed. Just want to know what our options if any are out there. |
 |
 
Real Estate Guy
|
your options are:
sell the house and pay the difference it sells for and what you owe.
wait it out. |
|
Big Daddy
 |
you can fight your taxes, and get them lowered..its a paper chase. you have to go to your county, submit the paperwork w comps, and cross your fingers
when it comes back, simply resubmit the forms...dont change anything, at least thats how it works in Cook County...everyone gets denied the 1st time, you have to fight
and, plan to ride out this crunch for 5 years while values straighten out. |
|
golferwhoworks
|
if you are able to pay and like the house --keep paying the market will come back at some point |
|
Beverly S
 |
Not many options. Either continue to pay for it- or lose it thru foreclosure. You can't refinance since you owe more than it's worth- same with selling. Give it a couple of years & things will be back to normal. |
|
Tim
 |
Keep making the payments on your loans on-time. You are not going to be able to refinance.
Whatever you do make sure not to get a divorce, lose your high-paying jobs, or get injured. |
|
acermill
 |
That your property is not worth what you paid for it now is irrelevant to whether or not you continue to make the payments as agreed. The lender(s) gave you $849,000 and you are obliged to repay what you borrowed.
As far as a tax assessment goes, don't expect miracles there either. If your assessment value is lowered to current market value, the same will happen to all the OTHER properties in your taxing district. As soon as that occurs, your tax rate per thousand of assessed valuation will increase to make up for the expected revenue shortfalls. You don't have a right to have your property assessed at market value without the same happening for everyone else. |
|
panhandlr4
 |
If you want out you might me able to do a short sale. |
|
Heidi S
|
Are you looking to get out of the house all together or just more concerned about the property taxes? |
|
src50
|
Your best option is to keep making your mortgage payments and wait for housing to turn around - probably several years away. |
|
RM
|
If you love the house (I'm hoping you did if you shelled out that much $$ for it) then stay in it and keep paying your mortgage. Eventually the market will start to go up again, though it make take 5-10 years for your house to be worth what you owe. If you sell you'll be in a huge hole.
Your reassessment will help once they get around to it, but you signed papers buying the house for 849K so you should've expected taxes at that amount or for them to go up.
Not much more you can do than sit tight and keep paying. |
|
Rocco's Girl
|
The real estate market is cyclical, which means, there are ups and downs of course. Conditions will improve, and your home may increase in value but over a long period of time. If you like your home, can make the mortgage, property tax, and insurance payments then your best bet is to ride it out and wait a while. If not, then you will be responsible for the difference between the sales price and your home's value (plus agents fees and any incentives you might offer a potential buyer). |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
11 | 24 minutes(s) ago
| | | |
11 | 38 minutes(s) ago
| | | |
11 | 42 minutes(s) ago
| | | |
11 | 54 minutes(s) ago
| | | |
11 | 2 hour(s) ago
| | | |
11 | 3 hour(s) ago
| | | |
11 | 4 hour(s) ago
| | | |
11 | 5 hour(s) ago
| | | |
11 | 10 hour(s) ago
| | | |
11 | 1 day(s) ago
| |
|
Homepage 
Financial
Forum 
Renting & Real Estate 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
