 How can the government be so blind? |
| please expain to me how a nurse I work with can get help from the government to buy a house? She is a single mother with a 13 year old child, makes good money, and has already purchased one home in ... |
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 If you are living in rented accommodation? |
| does the landlord have to provide a key for each tenant or do you have to get your own cut.......also should the house be clean ..........finally the back yard is full of rubbish who should get rid ... |
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 Are house prices going to fall in the new year? |
Additional Details
We're moving from a semi to wait in rented for the ideal property (hopefully) a detached in the NW of England. From the answers so far, doesn't look like I ... |
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 My house is worth 256,000 less than I owe...? |
| I am very nervous because my house has dropped significantly in value. We owe $642,000 on it and according to zillow.com it is worth $386,000. We have 3 mortgages on it 1st for $405,000, second for ... |
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 WHAT ABOUT THE ONES THAT ALREADY LOST THERE HOMES? I WAS A HOME OWNER FOR 12 YEARS I WANT MY HOUSE BACK. HELP? |
I WORKED HARD FOR MY HOUSE AND I COULD AFFORD IT TOO.
I THINK IT IS MY ERROR BECAUSE I LACKED KNOWLEDGE OF ARMS AND HOW SUB PRIMING WORKED. (MY FAULT).
BUT I AM NOW LIVING IN AN APARTMENT ... |
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 I have lived in my house for 8months only & having difficulty paying the mortgage should I sell or rent my hom |
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 My tenant has not paid their rent.? |
My tenant has not paid their rent, they are past the due date and they will not return any calls what can I do.
Additional Details
Thanks responce.
The tenent is a mum of 2 going ... |
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When moving out of an apartment, is it okay to leave the bathtub full of used clumping cat litter? You know, the kind that automatically solidifies when getting wet?
Let's say I ... |
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my parents are in trouble w/ the mortgage. the company wont lower the monthly payments for them, and we might lose our home soon.
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 Need to break our lease.? |
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 Do leasees have to pay for water? |
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brandon | Which willl help the value of my home more. closing a agrage for a fourth bedroom or finishing a basement? |
I recently bought but have a prepayment penalty. My job may be changing and I will have to sell. I can close in the garage and finish it for about $1000. The basement will cost more but I need an extra 5K out of the house to break even with the prepayment. |
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rkaminski
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Finishing Basement. cars are so expensive now days everyone wants a garage or they will look elsewhere. You can convert or finish the basement into a 4th Bedroom and keep the auto Garage. It is a win win that way. |
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Jim B
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Finishing a basement would add more value to your house. By closing your garage, you will limit some prospective buyers who would probably want a garage. By adding the finished basement you add square footage (provided there is air/heat down there) and can even add an extra bedroom/bathroom down there. Yes, would be a bit more costly, but if you contract it out (look for new construction in your area and ask around who does this on the side) you can save a lot of money versus someone out of the yellow pages. |
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PatV
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Neither . I would re-evaluate the amount of money you have already put into the house. Determine why exactly you need to pour more money into this house you may be selling.
You're putting high expectations on any renovations. Perhaps you can still sell and recoup your investment, without more cash investment immediately.
Talk to a realtor before proceeding. |
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farfel
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i agree with the others, finish the basement. i'd buy a house with a finished basement. most people will end up putting junk in the garage anyway.
in any case do whatever it takes not to have any prepayment penalty on the next mortgage you get. that's a bank ripoff and who needs that? |
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akc1106
 |
Finish the basment and definitely keep the garage. If you can put closets and windows in the basment, you can count those rooms as bedrooms. |
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Guess Who?
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I would finish the basement, because if I were looking for a home, I would pass up anything that does not have a gagage for my car, and I bet a whole lot of folks will be thinking the same way. Even if they don't use the garage, they may want to use it for another purpose and not a bedroom. Besides that, there may be particular codes you have to adhere to regarding that gargare bedroom. |
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DigitalGhost
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I'd finish that basement. A new owner will want a garage. |
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Marianne
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Depends on the improvments of your neighborhood.. See a realtor talk to them you want to do things out of the ordinary and what is customary before you make improvements. What do your neighbors have? |
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Dankalitiousness
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I think that more people would prefer to have the basement done. The garage doesnt really need to be finished, all people want to do is park in it Adding a fully finished basement can add thousands in value. |
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nothing
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Many variables are in place for what you're considering. The $1000 figure is pretty inexpensive when compared to the usual costs of that kind of work, so it leaves open the question as to whether it's work you intend to get a building permit for and have it approved, or do the best you can on your own, trying to save money, and hoping it will add value to your home. But it may come back to haunt you when a buyer is ready but a home inspection turns up non-permit work that could trigger the city or county to rip it all out. This is only speculation of course since I don't know your skill level and you may be a contractor too.
The basement is another question mark, because we (here on Yahoo) have no idea what it looks like now and what it may look like when you get done.
You just need to keep in mind that hastily doing unorthodox things to boost a property's worth may actually reduce it's value if you're not careful in how you accomplish these tasks. |
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A nobody from Oklahoma
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I would say finishing the basement, because it can still be used for it's original purpose, but a garage can't be used as such if it's converted. Plus the front of your house will look weird. |
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Big Bear
 |
A Realtor or Home Improvement Expert will probably tell you to finish the basement. Depending on what you do, you already add another bedroom and extend the square footage of the home.
It is considered "livable space" when the basement is used for anything other than storing stuff.
I personally would buy a home with a finished basement for several reasons over a finished garage. If your garage is detached, who would want to go out to it to sleep except maybe a teenager? If it is attached to the house, I'd still buy the house with the finished basement. |
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korbbec
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Do the basement. Potential buyers will want a garage. They will also love a finished basement. A finished garage is a little weird. |
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curiousgeorgia
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Your property value is based mainly on what properties in the area are selling for. If you have not owned your property long, it will not help you to do either renovation. Talk to a realtor before you do anything. |
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realestatemichigan
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Brandon,
The best answer for you is to pay the pre-payment penalty!
Eliminate the unexpected cost of over runs and mismanagement of time, also, contact the lender if they are willing to take less for what's owed. (Short Pay-Off)
If you decide to go with a Realtor, hire the one who understands SHORT SALES and has an investor mentality. Those type of Realtors are savvy and know how to sell over financed homes and they can work with your lender for the Short Pay-Off.
Success To All,
John Lopez
realestatemichigan@yahoo.com
313-258-1001
www.MichiganInvestorNetwork.com
www.CurbSideInfo.com
. |
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Searchlight Crusade
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Finishing a basement in the vast majority of cases.
If you convert the garage to a bedroom, you're losing all the potential buyers who want a garage, while gaining only those that need four bedrooms. For most folks, that fourth bedroom is a luxury, but for a large number, a garage is a "have to have" whether they're planning to park cars in there or not.
Fewer potential buyers equals lower sale price and longer to sell.
Will it be enough to break even? Don't know your neighborhood. Might help, might not. |
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