 Explain second mortgage? |
| Some people get a second mortgage on their house. HOw can they if the house aint paid for?... |
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 Where in the US is land the least expensive? |
| looking for a website or facts that would tell. acerage residential land, not commerical.... |
|
 My friend was telling me about this real estate thing she was doing, basically she is saving people houses? |
| she basically find houses that people are losing i think she said she finds them in the newspaper and she finds real esate investors and she checks loans amount and how much she owes on the house and ... |
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 If I buy a home and 5 years later, the neighbor has an atty. write a letter to inform me to remove.........? |
| my side porch because it is on her property, what are my rights? I guess that the porch was built 30 years ago and somewhat on her property. Than I buy it. What are the laws in Pennsylvania? Is ... |
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 Is there anyway i can get a council house? |
Hi,
im 31, am british and have been paying tax all my life. I have no savings and have around £300 disposable income every month. It will take me about 10 years to save a deposit and even ... |
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 My landlord said i have to get my deposit from my old landlord..? |
| i rently moved out of an apartment, its been more then 30 day , i finelly got a letter from the landlord saying they dont have are deposit that we have to find the old landlord, the old landlord we ... |
|
 At What Age Did You First Get Your Own Place? |
| How did it feel? I've yet to experience that yet, but I cannot wait until I do.... |
|
 What is the diffrence between a 'Flat' and an 'Appartment'? |
I've always wondered, not sure if its the same thing just diffrent names or what really.....
Thank you ... |
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 I have a very bad credit and need to buy a house? |
| My father is paying for this home, He is the only one in the mortgage.....Can he add me to This Contract and then in a few months after paying on time every month, just remove his name from the ... |
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 Advice for person moving out? |
| i am 23 years old with a son who is 5 and i regretfully say this but i live with my annoying nagging mother who i have always lived with. i also go to college full time. i have never moved out and ... |
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 My parents want to sign over their home to my brother and I. What do we need to do and will there be problems |
| Parents are both 65, the home is paid for, they will continue to pay the property taxes and insurance. They want to do this in case they are put in a nursing home.... |
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 Is 1200 to much to pay for rent? |
| for a two bedroom apartment in your area?... |
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 Is it legal for a landlord to do this? |
| My lease expires Dec 31, 2008. At previous expirations, three months before hand my landlord would ask me to let them know if I intended to renew or not, but I did not have sign my new lease before ... |
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 Question for Home Buyers and Sellers? |
Buyers, if you are buying a home, do you prefer to see picture nails/hooks on the wall, or is it better to take 'em out and leave just a nail hole?
Sellers, which way are you going ... |
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Carrie | When will house prices go back up? |
I live in California and I just hope they're back up in about 5 years. What do you think? |
 |
 
betotron don
|
5 to 7 maybe |
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dink2925
 |
When the current glut of repossessed houses are exhausted and there are more buyers than available houses. The market controls this, not the president. |
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Beth
|
I also live in California but I hope prices stay where they are or go even lower so more people can afford to own houses. I think of houses as places to live instead of an investment. |
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Josh
|
If you believe reputable sources like business week, there is a strong possibility that things could collapse a whole lot more, and we're only beginning to feel the pain. |
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vinny
|
Houses in California were overpriced for years, and now have found their true value.I had a house in Concord in 1977 that I paid $83,000 for.Today the same house is worth $750,000! Totally NUTS! |
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Tracer
 |
When people start working agin. When gas prices level out So a would say about 8 years Just hold on |
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boilerette72
 |
2011. |
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awesthoustonrealtor
|
We are at the final stages of the mortgage crisis. House prices will start to go up as soon as oil goes below $100. |
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Christopher B
|
I am not sure what you mean by "back up". If you mean that they will be back to peak levels from back in 2005, I think we can expect to see that around 2014, 2015.
If you mean that prices will have hit bottom, and started rising again - I think we can expect to see that around 2011-2012.
Look at it this way - typically there is a ten year cycle in real estate. It takes 10 years to hit bottom, and then ten years to hit its peak. This time around, the market started growing around 1992, and didn't stop until 2005 - and it was on a national level unlike previous cycles. |
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HIGH SHAMAN
 |
From the research that I've done ... it appears that it just depends on the area of the country that you are in .... or een what area of a state that you are in , for that matter.
Homes in my area here in Florida are beginning to move ; but very slowly upward again ....
Even within my town , my sub division continues to be a prime area to purchase a home at a nice / fair price .. while just a mile or so down the road in other subdivisions ..the houses do not move ....
Also; it can depend on your realtor ..... A Realtor who can assist the BUYER with getting a NO Downpayment Mortgage with a 595 Credit Score will certainly be able to move more property than a realtor who does NOT assist with helping a buyer to get a mortgage ..etct ....
I do believe that it will be three to five years yet before real estate prices will actually get back to what they were in the early part of 2006 ..... |
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Expert Realtor
|
Maybe, maybe not.
Experts are just making predictions and they may or may not hold water.
Time will tell.
You should never, ever make financial decisions based on whether you think the value will go up and down, if you do, all you are doing is gambling, and for many Californians, that gamble simply didn't pay off.
PS: ...and know that the MAJORITY if America DOES NOT live in California. Californians are so used to paying out the nose for everything they are oblivious to what normal housing costs are.
For example, I live in Charlotte, NC, you can get a very, very nice starter home, about 1700 sq ft, with all the upgrades like hardwood floors, garages, nice kitchens, huge bedrooms, in SWIM CLUB communities with a good HOA easily for $150,000...and that is NEW construction.
Resale is even less.
People move here from California frequently pay cash for their homes, that are twice the size of what they had, and don't even have to worry about financing at all....they are my favorite customers. |
|
ibu guru
 |
It depends on how many people keep their homes and keep paying those mortgage obligations. If we get many more defaults and foreclosures on the market, we not only increase the glut on the market but threaten the survival of Fannie Mae, Freddie Mac and the lenders, which will prevent people from being able to buy a home.
In the economic turmoil following the S&L Crisis of 1989, it took 4-5 years for prices to recover and start increasing again. From the 1929 Crash, it took until after WW2 for housing prices to recover.
So -- it depends on how many people keep up their payments vs. how many try to walk away or go into foreclosure. |
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Singapore Citizenship for $1
|
Economist suggest that by mid-2009 onwards, prices will be close to where... not quite the peak, but better than now... so you might just have to hang in there for a while... |
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godged
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Alot of predictions are for spring of 2009, but in my market, there are already signs of improvement. |
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Dan
 |
Carrie, from what I hear they are pretty darn high now. See some of the questions in this section. $350,000 for a starter home? Pretty steep.
However, the area in California is a popular place to live and the population continually is increasing, causing pressure on land values, causing continual price increases.
Regards,
Dan |
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jhs247
 |
When we don't have a bad president |
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