 Names of manufactured homes dealers? |
| i'm looking for them to be located in G... |
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 I sold my home and my Realtor also represented the buyer. The buyer moved closing date sooner and wants rent? |
Additional Details
My home closed today and the realtor wants me to sign a rental agreement for the days that i will be in the house. I was pressured to accept the 21 early day closing ... |
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 Home Insurance? |
| I plan to turn my first single home into a rental property. Do I need to report the insurance that I will not live in that house?... |
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| What do you call someone who finds an apartment for you? |
| Someone who finds an apartment for you to fit your needs for a fee.... |
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 Does a landlord have to have a rental license before he rents his/her property? |
| i have lived in my house for a year with a year to year lease.i found out that my landlord does not have a rental licesne.and there are some things happening now .so i wanted to find out some ... |
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 What is the best way to find a home for under market value? |
We are looking for a bargain in buying a home...
Any suggestions?
Lien sales, Foreclosure sales etc?... |
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 What can I do if my landlord moved into my rental house 5 days before my lease was up, and threw away my stuff |
| I arrived home on April 28th to find my landlord asleep in my bed, and his wife sitting naked in the living area talking on the telephone. These are the worst landlords!!... |
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 Does this letter sound reasonable to leave a lease? and collect deposit? |
Dear Angie Sabater,
This letter is in regards to 1212A S Boeke Rd. My residency of the last two months. I was reviewing my lease and feel as if you are not upholding your end of it. The ... |
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 Is it possible to buy a house in the USA and living in Australia? |
Additional Details
I traveled to the USA in September last year and loved it.
I would love to buy a home and to spend 3 months of the year there.
Would ther be any ... |
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 Can a landlord enter a tenant's apartment to see if they have a pet? |
| I'm a property manager at a small fourplex. A tenant asked me to fix their leaky sink. During that time I noticed a cat at the apartment. The tenant claimed I said they could be allowed a pet.... |
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 Cancel apartment lease early, got sued? |
| What a rip! My husband had an apartment before we bought our house. It was our only opportunity to buy our house, so he had to cancel lease just 3-4 months early. We got sued, and have to pay them ... |
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 I am looking to buy a house in West London and I have around £350k to spend.? |
| Can anyone recommend any nice areas and help me to narrow down my search?... |
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 Why do you have to have GOOD credit in order to have an apartment? |
| I'm supposedly lucky to have my own place now since it's my chance to live on my own & alone. My credit is horrible, & I'm lucky to have a landlord who doesn't check ... |
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 Should I ask my landlord or not...? |
| Okay, so 3 weeks ago I had a family emergency & i had to fly to NJ to be with my dad, I stayed there for about 2 weeks. Well since i had been out of work for that long my paycheck is pretty ... |
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np1 kenobi | When first buying a house, financially speaking should one go very big or go small? |
It seems that people these days go as big as possible (really stretching financially, some so much that they go paycheck to paycheck starting on a 0% down ARM)...is there a good reason to go this route or is the best thing to live within your means and find something smaller? |
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dawn18417
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Start in a small low maintenance house and then save up your resources so that when you are about 40 you can buy a 200 k house for cash or purchase a really nice one for 500 k with and use 40 percent down payment that you have saved up from living in small affordable house.Buying more than you can afford just to keep up with the jonses is not smart,the jonses are broke.What is the point of bankrupting yourself to make others think you are rich,that is what the babybommer showoffs did and now they are broke HAHAHAHAH baby boomer showoffs can now redefine retirement it is called work till you DIE. |
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thylawyer
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The questions are: how much house do you need? and How much house can you afford?
The answers are not simple. Many first-time home buyers who were lured into plain bad financial arrangements for mortgages (0%, no money down, borrow both the mortgage amount and the down payment, etc.) are now in foreclosure and may not be able to save the house through a Chapter 13 bankruptcy. The legal notices in our local paper for foreclosures sometimes takes up three full pages, and the mortgages are only months old.
If you are not saving money every week and have not saved up enough for a down payment, don't fall for the argument that you are wasting money because you are not building up equity. If you gain a huge black mark on your credit record, you have wasted your money on owning a house, because after a foreclosure, you no longer have a house, even if there was some equity in it.
So make sure your financial situation shows you can own a house, not only for the mortgage payments, but for heat, snow removal, repairs, maintenance, etc., and that you will have the will, time or money to just take care of the property. You can't just sit there playing computer games or watching TV, unless you have the money to pay people to do the work for you. |
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?
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I've been investing in real estate for a while now. My suggestion is to read a book called Real estate riches by Dolf De Roos (its a book out of Robert Kiyosakis Rich Dad series). I'm positive you'll get alot out of it.
As for your question...Its best to work according to the rental market, you need to research the rental market in the areas you wish to buy in and buy a house that will cover your mortgage as well as your expenses to maintain that house e.g. rates etc
For example I bought a 3 bdrm brick home in Christchurch New Zealand a year ago for 158K the rent coming in by the week was $412 at the time (I have no idea what it is right now) which more than covers my repayments of $411 per fortnight and in actual fact puts money into my pocket. I bought a brick home because its a long lasting material as appose to say weatherboard (NZ is a very wet country). I made sure it was a 3 bdrm home because there is a high rental demand for 3bdrms as appose to 1-2 bdrms - also the 4 bdrm homes were more pricy than I was prepared to spend at the time. I've had the house for about a year now, I got it appraised recently and its now worth $278K on paper. Do the research and I know it'll pay off for ya! Even if you're living in it yourself, just knowing that you can move out and get tenants in (if the bills get a little crazy) to pay your mortgage off for you, allows you to sleep easier at night.
Your more than welcome to email me if you're serious about real estate. GL |
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dbuitt22
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Go with what you can afford and in your price range. |
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bathagent
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You want to find the right deal. Get the most house you can afford comfortably (payment & taxes no more than 30% of your gross monthly wages).Find the ugliest house in a very nice neighborhood and fix it up. It's expensive to sell, move and buy a new house just because you will have kids in a few years. Buy the house now that you will need in five years.
0% down, ARM loans are meant for people who have alot of discretionary income. |
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open4one
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If you're in a high-risk profession, the fact that the house is shielded from a liability lawsuit makes it an attractive investment, if you're in an area you expect to appreciate rapidly. Young doctors might find it adviseable to "overbuy" for their first home.
On the other hand, most people are better off buying a home that they can outgrow and either keep as a rental when they upgrade, or something likely to sell quickly as a starter home.
There's a variety of ARM loans, including the relatively new Option ARM that lets you pay less than the interest for the first year. That means you might pay $400 per month on a half million dollar loan, and owe $600,000 at the end of the year. This won't work out well for most people, but if you're buying a "fixer-upper" and want to put your cashflow into the house and sell in six months, it might be a wise move. I personally wouldn't do it, but I'm not skilled with power tools. |
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мяѕ. zα¢ єƒяση
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it depends on how many ppl there r in ur family........... if there are a lot of ppl in ur family go big if there is a little family then go smaller because it wont b worth it that there is only afew ppl in ur family and you wnet big......
-steph |
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stephanie r
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first it should be a small house. then when you have 2 or more kides then get a big house. |
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catcher
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Most sensible thing to do is buy small. Becoz you will not be stretching yourself too thin. Actually you already have answered part of your question.
The greatest myth is " now is the time, there won't be another opportunity like this again."
When you play small and safe, you end up a winner. Things will be in your favour for being a little conservative.
And it is not like you have to win only now, so put all at stake fast. You have to win everyday. |
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