 How safe is buying land off Ebay without seeing it first? |
Additional Details
this is a family owned business and they are sending me the paperwork and pictures of the property through the mail. I'm thinking I'll have an attorney look ... |
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 Can a water utility company withhold service from me because of a previous owners unpaid bill? |
| Mr. A was the orginal owner of the house and he died of old age and gave the house to his sun Jr. Jr sold the house to Mr. B and Mr. B died in a car accident so the house is sold to me. Before Jr. ... |
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 I made 2000$? |
| and i want to know what to spend it on... I already have a houses and cars maybe a nice rolex?... |
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 Can I come over to your house tonight? |
| I will bring some food and my dog.... |
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 Who is responsible for a fraudulent appraisal? |
| Our mortgage was approved based on a fraudulent appraisal. We signed the note believing we had 50 thousand in equity, now we find out that we actually owe more on the home than it is worth. Does ... |
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 Council have said they are considering us for a house - does that mean we have got it? |
| We are seriously overcrowded and are 5th on the housing list in our area. We have been told we are being 'considered' for a house nearby which we have shown would be a perfect size and ... |
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 Do you pay property taxes on a highrise condo? |
| I'm looking at a highrise condo for sale in a building downtown that has about 200 other condos inside. In addition to whatever the mortgage on the highrise ($320k) would be there is also a $900 ... |
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 My landlord wants to pay me to break the lease on my apartment, how much should I ask for? |
| I am currently more than half way through a 2 year lease (I have until April) on a $995/month apartment. I have been complaining to the Health Department about a lack of sufficient heat. Now, my ... |
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 Should i pay for it ??? |
| just rented out my apartment in spain for 6 months to an english guy - he wants me to install sky tv and he pays the monthly viewing charge. it will cost me about £290 . would you pay for it ??... |
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 I am entitle to housing benefit? |
| I am just about to get separated from my husband, and will have to rent.Will I be entitle to some housing benefit as my earnings 16,000 p/a and I have 17 year son who is in full time education,... |
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 30 Year Fixed @ 6.5% Good Deal? |
| 30% Fixed @ 6.5% for 95% single loan of 251,145 w/ PMI. average score is 750. Locked two weeks ago. Is this a good deal or bad deal.... |
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 Will the landlord pick us to rent his house? |
| well he acted like he liked us and all, and i gave him my landlords phone number and me and my current landlord get along well so i asked my landlord if the new landlord called him yet and he said no.... |
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 Does this sound like a false ad?? I emailed this lady about a house off craigs list..? |
Dear,
Thanks for your email and interest in my house. I am Mrs. Helen Grant the owner of the House you are interested in. My House is located at Cincinnati OH. Presently am in M... |
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 I have just made an offer on a home and they accepted. So I go sign the contract tomorrow.? |
| When they ran my credit for the pre-approval my credit was okay. So I go sign all the papers for the house tomorrow. My question is before I close on the house will they check my credit again? B... |
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 Where can i find really good apartment/house for rent classifieds in MAINE? |
| I live in Bath,Maine and want to stay close to Bath so i need help,we need a bigger place and i was wondering where i could find a good site to find listings for apartments and houses for rent other ... |
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 My home is blackballed by the previous real estate agent who owned my home,no one will show it-how can I sell? |
| I bought this home from a previous real estate agent who had committed fraud when she sold me the home. She was concerned that I would tell the people in the community that she was a deceitful ... |
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stephen7muir@btinter... | Where to do start in buying your first house? |
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puffy
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Save about £50,000, get ripped off for everything you can think of...Mortgage advisors, Brokers, Stamp Duty, Solicitors, Land Searches, Storing deeds, VAT and more VAT, then think, now why did I do that? |
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Charlene
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Work out your budget and how much you could get for a mortgage. Then view as many as possible til you find your home. Don't forget to factor in the other costs like movers, furniture (if you don't already have some), stamp duty, survey, solicitors fees etc - they do add up! |
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gingajen
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Definatly find out how much you can get on a mortgage. This means you will know what houses to go for and will put you in a stronger postition when buying the house as sellers will normally sell to those who already have a mortgage in place and may even agree to a lower price for a quick completion |
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leambi
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Go and either speak to your bank or an independent mortgage broker to find out how much you can borrow and what products are available to you, once you know this then you can start looking at houses in your price range. |
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Northern Explorer
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Figure out your budget.
What neighbourhoods do you like.
Style of house.
Garage, big or small backyard.
Close to amenities or countryside.
Just have to set your priorities. |
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gellygoggles
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Most estate agents in the UK have an 'inhouse' mortgage advisor.
These are people that can search all the available mortgages and can also work out what you can afford etc.
They will give you a budget planner where you work out exactly what you spend each month on nessceities and they will then advise on the best type of mortgage for you based on all the information the get from you etc( Self cert/replayment/interest only etc)
they will then hunt down the best deal and tell you how much you can borrow.
Its an easy way to take the horror out of buying a house and they leave no room for error. you wont find yourself in your new home unable to afford you bills and mortgage because they are very thourough.
The next thing to do would be to find a house in that price range and then revisit the advisor who will apply for the mortgage for you.
You do not have to pay them anything. they take their wages from the mortgage company, and if you end up not working with them there are no fees either.
Some will even liase with your solicitor etc for you as its in their interest to keep everything moving along.
When you book an appointment with them make sure they offer mortgages from the 'whole of market' and not just a select few companies as you will not be given the best service otherwise x |
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ste_pej
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Decide what you can afford
Usually your loan amount is based upon your earnings and buying on your own you will be able to borrow up to between 3.5 and 4 times your annual income, if you are buying with a partner, the maximum will be 2.75 to 3 times your joint earnings. 100% mortgages available but you will get a much better deal if you have a reasonable deposit. You can use the mortgage calculator provided by the council of martgage lenders to see how much your mortgage would cost by following this link http://www.cml.org.uk/cml/consumers/calculator/mortcalculator
Find your ideal home
Contact all the estate agents in the area you are interested in. Register your interest with the major property portals. Look at as many properties as you can before making any offers, during different times of the day. Once you have made up your mind go back for a second and even third time. If you don't know the area well use websites such as UpMyStreet to find out if its right area for you.
Make an Offer
Make an offer to the Estate Agent. Try offering below the asking price, you can always improve on your offer if it is rejected! If the offer is accepted, ask for the property to be taken off the market as this could help stop you being gazumped, which is when someone makes a higher offer and legally the estate agent has to pass this on to the seller.
Appoint someone to do the legal work (conveyancing)
This is normally a solicitor. Try and get a personal recommendation rather than the one the state agent recommends (they'll be on a commission)
Finalise the mortgage
A mortgage valuation will be needed to establish if the property is worth the asking price you have offered and a fee is normally required for this. Once the valuation has confirmed this is the case, you will then get the formal mortgage offer.
Exchange contracts
This is where the seller will sign their sales contract, you will sign your purchase contract and these will be exchanged. At this point you will have to pay the deposit to whoever is doing your conveyancing. The deal has become legally binding and if you were to pull out now you would lose your deposit.
Completion
The mortgage monies are passed on to the seller and you are given the keys to your new home. |
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jenel c
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Look at your finances and see what price range you can consider. But consider all aspects ,all your bills will be larger. Such as gas ,elec,water etc. So make sure you budget for all expenses.Then when you get a price range you are conferable with find areas you like with homes in that price range. Get per approved by a bank you are familiar with. Then when you find a home get it inspected before you buy it. you never know what is leaking or lurking where you can't see. good luck i hope you get a wonder full home you love. |
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paul r
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what do you earn? (say £30k)
treble it.
decide where you want to live, and look at the estate agents windows. go into a few. they don't bite (actually they do, just cover up).
ask what they've got for 80k.
you should go to several estate agents, several banks and building societies, get quotes from three solicitors and look at 10 houses before you sign your name on paper for any of them!
and when you see somewhere you love and make an offer, be prepared to be disappointed when some barsteward gazumps you. the law in this country sucks.
but good luck and save thirty quid for a bottle of champagne when you step into your OWN house. it's a great feeling! |
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DoveyBuzzy
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There are great options for first time homebuyers as far as mortgage loans. Look into that. Read and understand mortgage loans before you get one. Get a pre approval so you know how much you can afford. Find out which area you want to buy a home in and what exactly you would like in a home. Find a trusted realtor and start looking. |
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j2frw
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estate agents?? |
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J'adore
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get a loan thru a bank or credit union... if you get declined by them and have to go thru a broker then there is a problem and you should really wait.
brokers screw you hard on mortgages. alot of the time it's not because your credit is bad but because the house is considered a risk and that's why bank or CU's will turn you down...
that might not be your first step but remember it when you are applying for the loan... |
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