 How much can a land lord increase rent in one month? |
| Is there a legal amount a land lord can increse or is it up to the landlord?... |
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 If you made $143,000 a year, how much would you spend when buying a house? |
jw
Additional Details
what if later down the rode you made $183,500 a year?... |
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 Which one is better? |
to stay on in a house with neighbours which are awfully rude to you and tehy are older than you and unfriendly BUT its nearer to the kids school etc with a 30k mortgage
or should I move in ... |
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 What's the best way to get rid of cockroaches? |
| We just bought a 3 family. After having the holdovers forcefully removed because of their disgusting lifestyle we discovered while doing renovations that their is a huge cockroach infestation. We�... |
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 Can I terminate a contract with a realtor? |
| We were basically suckered into signing a 6-month contract with our realtor to sell our home. After only three months, we are very unhappy with him. He does not follow up with us, contstantly tells ... |
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 Who should I sue, Landord or Contractor, for Contractor negligence? |
| Recently, my hot water heater went out in the apartment that I'm renting. Shortly after (2 hours) the contractor the landlord hired to replace the water heater, my apartment caught fire due to ... |
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 Do you think it's weird to have a kitchen on the second floor instead of the first? |
| A house that a friend of mine used to live in is for sale and my friend and i want to buy it. we want to remodle it and this house is a duplex, but if we buy the whole thing we can turn it into a ... |
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 How do get rid of someone that is living in your apartment that does not want to leave? |
| I have friend that wants me to move in her apartment but she has 17 year old girl currently staying there that does not want to leave claiming "squatters rights" and is not even paying her ... |
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 What advice would you give to a first time buyer? |
| Any tips or tricks, things to aviod, insurance to take out, was to minimise costs, what sort of mortgage to get. Any and all advice for a first time property buyer would be very ... |
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 Should I break my lease? |
| My landlord just raised our rent from 450.00/month too 515/month. my fiance and I cannot afford it right now and we are in the hole with some other things about 300.00, I do not see us making this ... |
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 Is offering 200,000 on a 249,000 dollar home insulting? |
| i asked a similiar question once but didnt really get any answers on how much is insulting. I picked that amount because we can easily afford that but 215,000 is pretty much the most we can safely ... |
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 Our Fridge in our Apartment brok and the food in the freezer and fridge is no good, Who is responsible??? |
| The fridge does not get cold and everything is defrosting, I called maintenance at 9:00 am they say they will be there by 4pm, everything is thawing, Is the apartment responsible to reimburse me for ... |
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| Would i be better off buying an old house rather than a new condo/townhouse? |
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hellion210
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i bought a house built circa 1880. its definitely got a lot of character, but its a fixer-upper. but, as long as theres nothing structurally wrong with the house, you should be ok. i've got a lot of connections with plumbers/conctruction and stuff because my dad works with them as an electrician. so, i chose to get more, but have to work on it. generally with newer homes you get less, but its done and in perfect shape. and with condos, theres no work at all to be done, but theres fees. |
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o_r_y_g_u_n
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This is very hard question to answer..
SO many variables.
How old?
What condition? (roof, electrical, plumbing)
What location?
What environmental issues? (lead-based paint, UST's, asbestos)
What would you want modernize? (bath, kitchen, paint etc)
What cost to heat/cool?
What resale value could you expect?
These are things you should consider before buying any home |
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Press288
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Well, i would recommend buying a new condo/townhouse. If you do not have a lot of money to spend on a new house, which would include repairing, bills, gardening, watering, and having people come over to repair your house. This may take a lot of time and money!
Buy a condo! |
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BonesofaTeacher
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around here older houses are cheaper per square foot. And often they are built more solidly. but sometimes their heat or air systems or plumbing or electrical systems are out of date and need investments to iimprove. For example older homes often don't have enough outlets or enough bathrooms. THe closets are often very small. They may not have dishwashers or built-in appliances etc. Depends on how old, of course. Just really depends on what you want/need. If you want a yard for kids, you might want a house. |
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givemeegass
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yeah defo - they have more character |
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TMLeaf Fan
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Depends on what your market conditions are in your area. Some cities have condos selling left and right, whereas single family homes are the big sellers.
Owning a condo places you under the condo corporations rules, pay condo fees etc. This means someone maintains your exterior property, something you have no control over. A condo means you own half way thru the wall, and not the entire building.
I would recommend the house. Easier to re-sell, it is entirely yours and they appreciate faster than condos. Better equity. |
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T
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yeah defo - they have more character |
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mrsdebra1966
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Buy what gives you the most homey feel & room to add more kids to your family. |
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neanderthal
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An old house will require more work, fixing things that break down. if you are older or if you are a busy person who does not have all that extra time, a condo or "patio" house is for you. I am a real estate agent in Alabama, let me know if I can help |
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drunkbomber
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it depends on lots of things. If you want to do any needed work on it yourself, how much your budget it, what your personal preference is, what you can get a better deal on, where they would be located. Stuff like that. All that aside I would say new house because they need less money for maintence |
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theonlybeldin
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Depends what your purpose is. If you don't mind doing fix-up work, buy the older one. If you just want to move in and not have to do anything right away, the new one is better. |
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hopestar
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Old houses are great for character - however, prepare yourself for the neverending renovations and upgrades. We are in that process right now and it's exhausting. I know it will be worth it in the end but it is a LOT of hard work and can be annoying when contractors don't return phonecalls etc. Bonuses are no neighbours on the other side of the wall and no condo fees and not as many rules (eg) what color you're allowed to paint your front door, whether or not you can have a bbq on your balcony or a satellite dish on your roof. Also, if you finish repairs and renovations, your old house will have better resale value than a condo/townhouse where you're not allowed make many changes. And there's no condo committee to report to. |
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alexajbully
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It depends...I bought a pretty old house (1941) and though it has long since settled new problems creep up all the time. I think that before you buy anything at all you should pay a little money to have a contractor go through it with you and check it out. A contractor will be able to see things that may obviously become a big problem later and if while you are in there walking around you are daydreaming about future renovations they can also tell you realistically if it can be done and how much work and money you can expect to shell out for it.
Lots of times brand new places have as many problems as old places...there have been a whole slew of townhomes built here in Anchorage in the past year that they are finding out a year later that the dirt work before the buildings actually went up was shoddy...now the homeowners are having problems with sink holes and stuff...very bad and expensive.
I would actually stay away from brand spankin new places for this reason and look for something that is in the range of about 10 to 15 years old...all the settling will have happened by now but none of the huge problems that come with older buildings should be an issue yet. |
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pianoman25
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This depends on a lot of things. Location is everything in Real Estate. Old houses can be fixed up and made really nice but if the rest of the neighborhood havent done anything to their property it causes your property value to stay down with theirs. A lot of times if you buy new constructions and especially if they are some of the first in the development you are better off. They will increase in value faster because the first ones are priced to get people in the development and after that they will go up and you will get a lot better return when you want to sell. Condos and townhouses are usually easier to sell because they are typically taken care of a lot better and you dont have so much maintenance as you would if you owned a home. A good Realtor will be able to help you in the decision by pulling comparable properties in the areas so that you will be able to make a more informed decision. They know that if they do this for you that they will probably see you when you decide to move and Realtors love repeat customers. Good luck! if you have anymore questions let me know! |
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K B
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depends on what you wantg out of it. if you're up for the challenge of keeping the old home in tact, have energy or money and time, go for the old one. if you just want to chill, the new one is the answer. i just sold a 1915 craftsman bungalow which i loved but it needed too many repairs. if i had bought it for an investment, it would have been a good thing to keep because i didn't do anything to it (bought it for 195K and sold it for 475K in 4 years)and made quite a bit of money. i miss the house but not the problems. i'm now in a new home and am almost worry free! |
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KT
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Property is what normally goes up more in value, on the other hand, repair on an older house is costly if you can't do anything yourself. Dirt is always more valuable |
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GreekChick
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Alot depends on how handy you are. I bought an old house that needed a TON of work, but we were able to do much of the repairs ourselves. In the end, I love my house. It has so much more character than any new condo or house. If you decide to look into an older home, be sure to have it professionally inspected by an independent home inspector. That way, you'll know for sure what you're up against. Good luck! |
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penmen_r_attacking
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Depends on where you live, and what your needs are. If you have 5 kids 3 cats 2 dogs and one husband you might want a little more privacy but if your single and have no real ties then go for the town house. The return might be a little less but you won't have to mow the lawn. |
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