 Where in Britain are the nicest houses? |
| I mean houses, not flats or apartments like in london. Thanks a lot.... |
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 IS THIS LEGAL? Take rent even though the home is being foreclosed on? |
| My father rents a home. He has always just had a month to month agreement and yesterday he found out the house is being foreclosed on. He has no idea what stage of the process they are in and now the ... |
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 What will my mortgage be if....? |
| We buy a $450,000; I have a credit score of 700 and my husband of 750; we have a combined income of 60k; and we are buying the house in the suburbs of NYC (wantagh, in nassau county, Long Island). W... |
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 I had a best answer to a question from Mr. Trend_Vampire on this section. I was disgusted by the content of? |
| his comment. He called me a whore and told me to undertake a disgusting sexual act with my father. Thank you, my father is 80 years old and is in advanced stages of Alzheimers and I find this ... |
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 Why do Apartments raise the rent on lease renewal? |
| I'll make this short. Thinking of getting an apartment but I don't like how apparently rent is raised when a lease is renewed. From a business perspective the complex would not make more ... |
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 I am interested in breaking my lease due directly to crime - 3 assault filed on my behalf. Threats made to me. |
| I reside in our fine nation's capital where crime is a problem, but has been under control in my neighborhood for 2 years now. We just signed another 1 year lease in September. Since then both ... |
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 There is black mold in the house I put a partial deposit on... |
| I didn't sign a lease, I didn't sign any agreement, or contract. I have my receipt, I don't want the house! It has black mold EVERYWHERE! The ceiling is falling in and the floors are ... |
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 How much home can i afford? |
| How much home can i afford? My husband grosses 48,000 and I gross about 10,000. We would be paying a higher interest rate I believe bc we have lower end credit. Also we dont want our monthly payment ... |
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 First time home buyers! Advice is appreciated!!? |
| I recently got engaged October 19, my finace and I started house looking, just to look around. We didnt think we would find anything or want anything so soon. (our Wedding is not until June) But we ... |
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 House or Apartment? |
Well, I'm 25yrs old and thinking about moving out of my parents house. Should I Buy a House (Townhouse/Twin) or go for an Apartment?
Additional Details
My annual income is about $32,... |
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 We have a pool in our apartment building and theres people in there having a pool party who dontg even live he |
They dont even live here, what would you do?
Additional Details
Ok heres the deal HOLLY I live right next to the Pool, and these are kids who vandalise cars in our complex, they have ... |
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 First time buyers, good credit, interest only? |
| My partner and I are purchasing a new home and we are receiving several mortgage offers. His score is 755, mine is 780, we have no car loans, no cc debt, I have 20K in grad school debt only. We ... |
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 Rent or stay? |
| Is it more economical to stay in my home without a mortgage or to sell up and rent?... |
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 Where do you think we would like to live in North Carolina? |
| We currently live in San Francisco, CA. We were recently married. My husband lived in CO for 12 years and me in SF for 12 years. We would like to be able to afford a house. We are used to living in a ... |
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 What does it take to buy your first home? |
How much money do you have to have saved?
Or do you get a loan for 100% of the home cost?
Etc. Any tips are welcome. Thanks. =)... |
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 Nasty landlord? |
| Well today is a tipical day . my bath tub ran over . *I could move, but I am a single mom that doesnt have any help . My switch box is shut off every day when i get home from work. my stove doesnt ... |
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 Landlord just passed away, can his childrens just kick us out? |
Good evening to all, i was wondering if anyone might be able to help me out with some info.
We been living at this location for 10 years. The place was originally rented, by verbal ... |
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mikeymurray | Will house prices ever go down? |
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Jeff H
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I don't think they will ever go backwards. What's happening is a market correction.
For a while in the mid 90's into 2003 or so, homeowners were making 10-15 or even 20% annually on their real estate, which is just insane! Since the beginning of the housing industry, you could expect a 5% (or so) gain on your investment annually. That's where the market is heading again.
So to answer you question, no. Prices will not go backwards.
Good Luck! |
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South African
 |
it is very unlikely that house prices will ever devalue. The only time they may devalue is if there was a "Slump" that was erected in your area or close to your area other factors that may influence devalue is economic instability, crime rate increase, war etc. But if an economy is stable or always developing then property will always increase in price, these factores play a bigger influence in the price fluctuation than those of crime etc............. |
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annie
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Yes, if we have another recession.
However, they will never drop as low as they did during the last one, so as a long term investment they are pretty good, hence the expression 'safe as houses'... |
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Tom B
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In London, in the late 1980's, people were rushing to buy studio flats at GBP100,000 and taking on 90% mortgages. Then there was a recession and the price they could sell at dropped to GBP85,000. Those who could sit tight survived, because eventually the market rose again and they were no longer in a situation of negative equity.
Those who had to sell lost out because, having sold, they had lost their 10k deposit, and still owed 5k.
The answer is that over the short term prices can drop, but in the long term the trend is steadily upwards. BTW, pundits suggest that property prices in Ireland are currently over-inflated and that a downturn is on the way. |
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Nowpower
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They are definitely slipping, but give it another year and a half. Then buy. |
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Ryan
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www.housepricecrash.co.uk |
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Kes51
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Well eventually even those City bankers will own them all and only be able to sell them to each other unless they lower the price... |
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hvholli
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We are already seeing a house pricing drop in the DFW area... i believe largely to the fact interest rates are higher. just hang in there it will happen! |
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floridaman39us
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There is speculation that housing prices will fall. A house that sits vacant for a while will eventually be lower in price just so it sells. |
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jeanimus
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Probably as soon as the For Sale notice goes up in my front garden |
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int_69h
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Usually the price of lands or houses depend mainly on the spread of population and some factors that might act as a stimulant to pric increase ... For example having a park being opened in an area known as being very calm and nice will make prices go high or knowing that this area is only for rich people prices will go up eventually...
But yet, they got to fall one day, it depends on alot of predictions but for sure it will fall ... because continuing increase in prices will cause a non ability to support its buying ... and people will run toward the acceptance of buying at normal places at normal prices. therefore the investors at high priced areas will be forced to move along with lower new prices to stop this loss before it can be severe ! |
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Eric Fernwood
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Real estate prices are down in most parts of the country. At least they are in Las Vegas (I am a Realtor in Las Vegas). But they are not crashing and I doubt that they will. Depending on the areas, I have seen about a 5% decrease in home prices. However, there are a few great deals if you look hard enough. I find my clients homes priced well below market plus get the seller to pay their closing costs (2.5% to 3% in Las Vegas). The best deals appear to be pre-foreclosures; people with equity but they have to sell NOW! These homes can easily be 10% to 15% or more below market prices. But they are not easy to find; I ended up writing software to locate them because you have to go through so many homes to find only a few that are really good buys.
Bottom line – I think homes are near the bottom and mortgage rates are still reasonable. I think now is the time to buy.
Eric Fernwood
Eric@ISellLVHomes.com
http://www.iselllvhomes.com/ |
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