 My lease ends July but, my apartment says I cannot get out of the lease until September.....? |
| My lease ends July but, my apartment says I cannot get out of the lease until September because I didn't give them a heads that I was leaving on July. Is that true?... |
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 Once the old house is purchased how many years can you sew last owner for hidden faults? |
| we bought the house last year only to find out that the floors are completly rotten under ceramic tiles as well as the floor in the basement under carpet. Rotting is due to water entering over ... |
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 For all builders out there honest questions no stupid ones? |
| we hv just moved into property owned by housing assoc brand new were told not to do anything repairs for a year time is up now by law what should they be doing bearing in mind there are cracks ... |
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 How low will House Prices crash to? |
| How much are house prices going to drop in the next year? First time buyers need up to 50% to make them affordable... will they get there?... |
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 Landlord Issues!!!!!!!!!? |
Our Landlord comes round all the time to check up on us - thinks were ruining the place but the letting agent thinks our house is neat and tidy.
Its getting a bit annoying having him come ... |
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 Double standard with mortgages? Why did my "friend" tell me that I wouldn't get approved for mortgage? |
| Okay my friend is 18, in college, and works at BEST BUY(she has savings though) yet she got approved for a $200K mortgage with $40K down. (the house is for her + her mom; she's splitting the ... |
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 What does 1.5 bathrooms mean? |
I am trying to rent a room in another city for the first time.
i found a room in a shared townhouse that says:
- One big bedroom in a 4 bedroom townhouse
- 1.5 bathrooms
I dont ... |
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 Mortgage interest rate. Should I lock now? |
| I applied for a mortgage today and got a rate of 6.0% if I lock today (I still did not). This is a 30 year/fixed, 20% downpayment and I have to pay down 2.75 points to get this rate. There is no ... |
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 Whats important to you when you buy a house? |
| I know different people are looking for different things, but whats important to you when your buying a house? The size of the kitchen or bathroom, the garden? What makes you want to buy that house?? ... |
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 Can I buy a house even though I'm only 18? |
Will there still be a problem if I pay cash? Is there an issue if I have so little credit willl it still affect me?
Additional Details
If i go away to college will it affect me even ... |
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 What is the average monthly mortage payment for a house that costs $350,000? |
Additional Details
I am buying a 5 bedroom $350,000
house and i need to find out what the average mortage payment is.
I have a monthly income of $8,333.40.... |
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 Realtor doing her job? |
| House has been on the market for 3 weeks. We have only had one showing (by another realtor from out of town). She has not shown the property once. The feedback from the Realtor open house, and the ... |
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 What has been your worst experience renting a house? |
Either as a landlord, tenant or in a group or share home.
It was inspired by this story in the media.
http://www.nydailynews.c... |
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 Can I try to sell my house without a realtor before my house goes into foreclosure? |
| I'm getting ready to lose my house and I was wondering if it is possible to try to sell my house on my own. What is involved? I don't want to involve a realtor because I owe to much on ... |
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 Is 12% interest too high? Owner financed home.. please help!? |
| We already moven into a home that is going to be sold to us in a rent to own term. At the begining the agreement was 80,000 with monthly payments.. no interest.. then they told us that price changed ... |
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kazwaz01 | When is my first mortgage payment due?? |
I have just applied for a mortgage with my partner. I was just wondering about the first mortgage payment. If we are accepted for the mortgage, when will the first payment be taken out of our bank? |
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John N
 |
Usually....
When you close you pay the interest on the loan up to the end of the month in which you close. i.e. if you close on the 15th you pay 15days of interest to the new lender. This allows them to start the payment cycle on the 1st of the month. You pay your mortgage in arrears. i.e. when you make a mortgage payment it is truly for the past month, even though it will be refered to the month you pay it in's payment. So if you closed on the 15th of June at close you would pay the interest on the loan up to the end of June. You would then make your first payment on the 1st of August. Most loans come with a 15day grace period so it would not be late until the 15th of August. |
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Roger N
 |
Depends on the terms of the contract and when it's signed.
If you can sign just AFTER their normal billing cycle, you can skip nearly 45 days.
I've even seen incentives that say that you can skip 3 months. |
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weezyb
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it will be taken from you on the first agreed date (this means the date that your direct debit is for) from the day that you complete your house sale.
I remember we had ours about 10 days after we moved in. so make sure you have the money. |
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Yomi Minamino
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Every bank is different normally they need a down payment and that is given at the time of being accepted, some banks want also the first mortgage payment, some will let you wait until the start of next month some the end of the month. Each bank is different. |
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GIZMO THE CAT
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Generally one month after the mortgage completion date |
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Jen S.
 |
Depends on when u close, if oyu closed today, then it'll be July 1st. If you close at the end of this month, then it'll be August 1st....I suggest closing on the very last day possible in June. |
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Knownow't
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When all the paperwork is done, the date will be given to you as they need your bank details, so they will tell you then.. |
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iceman
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It will be due the 1st of the month AFTER you close.... |
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Ginger
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If you close June 15, your payment would be due on August 1. It always skips a month even on home equity loans. |
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barry_fleming2003
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Your mortgage payment is due the 1st of the month with a 15 day grace period. |
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thewokinnshere
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how the f~ck should we know ? |
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