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 Is it typical for a lender to charge a PMI on a VA loan?
I live in Las Vegas, NV and am purchasing a home. I want to go VA, because I don't want to put anything down. However, my current lender-to-be is including mortgage insurance. I was told that ...


 How do I get my security deposit back from my landlord?
I was renting a backroom of a house.
When I moved in a contract was never signed because my landlord (my landlord does not own the house, she rents it) never thought it was necessary.
T...


 I want to buy a house, I have credit score of 586-623, make about $70,000 a year, is it possible?
Who would be a good lender to contact? What kind of interest do you think I would pay?...


 Buying our 1st home?
Me & My husband have pretty good credit and are looking to buy a home within the next 6 months. We will have money to put down, but what are the first steps that we should take, in buying a new ...


 Plan on moving to another state...find job or house first?
My husband and I plan on moving out of New Jersey within the next 3 years. This is something we've decided on for quite some time now...we're just waiting for my schooling to be done. Even ...


 I am a buyer and would like to switch my agent on a property purchase?
I was in the process of buying a property and our offer expired. I was not very happy with my agent's performance on this offer due to numerous reasons. I never signed a contract with the agent ...


 Our apt. complex is trying to evict us. We are trying to pay the rent left. Can they still evict us if we pay?
Today 01/26 we were given a 3-days-notice from our complex.

Our backrent due is 1,800 [I know. It's not my fault. My mother in law didn't pay her share.] Anyway. We will be ...


 What does it mean to say that a house has "good bones"? And how do you determine that it does?
I'm looking to buy a cheap fixer-upper house in the Cleveland or Columbus Ohio area. In my price range, many of the properties are listed as being sold "as is" or "no disclosures&...


 Tenant not paying for 3 months.What S'pore law or actions can be used? Tenant can afford maid but can't pay?
...


 What are the requirements of becoming a real estate agent?
What kind of college classes, training, etc.?...


 Can one buy a house for under 100 thousand dollars?
please let me know state areas and sq ft if anything at ...


 Do realtors show houses on Sundays normally?
We would like to have a house shown to us, but I don't want to be rude and call them on Sunday if it's not polite. What is house-searcher etiquette? Also, I live in South Dakota, does ...


 Soon to be 1st time home buyer, is it better to go to a bank or deal with a broker, credit score 710?
my husband and I have both been at are job for over three years,
are debt to income ratio is pretty good we only use credit cards for emergency's and pay them off immediately , and have ...


 My Landlord Used my Apartment while I was away?
While I was out of the country for a 1 1/2 months my landlord's brother was occupying my space with his friends. When my girlfriend checked in one time to get the mail she found a pillow that ...


 I sold my houses the buyers paid me half the money now I'm haveing trouble getting the rest what can I do?
They also siged a sales aggreeement ....


 Is It Possible To Get A Mortgage For 100% Of The Property Value?
Thanks
Additional Details
I am based in the UK....Most answers seem to be more US related.........


 Can two people get two separate mortgages to pay for one house?
For example, a house costs £200K. Person 1 gets a mortgage for £90K. Person 2 gets a mortgage for £110K. They pool together these two mortgages to pay the total £200K for the one house. Is this a ...


 Our landlord has taken nearly £200 from our deposit?
We moved out of our old house on 28th feb,advised that we would have our deposit returned to us within 28 days, as legally stated.
Received a cheque dated the 19th April (clearly way over the 28...


 I want to sell my condo myself using only a lawyer and a title co, any suggestions on marketing?
It is in Orlando, close to downtown and the airport. Any suggestions on getting the word out?...


 Is paying off your home mortgage a good idea?
...



LilMzFlaca
What is one risk of home ownership?
                     
 




COON DOG
That you think you are insured but then Hurricane Katrina hits and you house is destroyed and you find out you should have had flood insurance but you don't.


M P
Rating
Not making your payments is one.
Not being able to maintain your property including your house. Maintenance is an on going expense.
The only other real risk is if you buy in a poor area that does not increase in value or decreases, or if you build or remoldel in excess of the value of housing around you.


:://::Christi::\\::
Unexpected repairs are YOUR responsibility when you own a home. It can be daunting but I love having my own house. :)


tom p
Having your Deadbeat brother-in-law move in with you.

I've owned houses and they're a lot of maintainance and something *ALWAYS* needs to be fixed.
I now live in a condo in Myrtle Beach, SC and everything outside is taken care of by the condo association!
Lawn, pool, trash, parking lot, bushes and shrubs, painting, washing whatever.
It gives me a lot more time off to do what I want to do.
I'll never own a house again.
Condos are the way to go!


VATreasures
decline of home prices
loss of home(can be expensive even if insurance rebuilds the home)


That 70's girl
Rating
Major debt for 25 to 30 years


Elaine M
Rating
Risks?

The downsides that we've had in 8 years (though we expected some of them) are these so far:

basement leaks
the water heater died (was 10 years old)
the furnace died at age 23 (they only last 20-25 years)
loose windows, we replaced them
reshingled the roof, it had 2 layers on already
redid the plumbing lines from the water meter to the kitchen sink.
replaced two toilets (one cracked, the other broke inside the workings on top)
ceiling crack in bedroom
foundation crack hidden by large bush in front had to be recemented
lightning strike 2 houses away blew out our side light & took out both modems on the computers
replaced old electrical box to update amperage
trimmed tree branches hanging over house


Rick B
that the water heater will bust and flood your home.

that you will lose your job and be unable to pay the mortgage.

that your neighbprs will sell their house to slobs who lower your property values.


Ms Betty
FORECLOSURE!


Emily W
Rating
that you will be unable to pay the mortgage


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