Renting & Real Estate - January 2007

My husband and I will be buying our first home in about 4 years. I know we got a late start on saving. We're going to be buying a 4+ bedroom, 2+ bathroom in northeastern Oklahoma. I would like to save enough for a downpayment, as well as have money left over to put in new carpet, or paint the walls if need be. I also realize there should be money left after all that, in case something goes wrong and we have to fix or replace something expensive.

How much do you recommend that we save? Please keep in mind that my husband is in the military and we have four children. We're not exactly rolling in the dough here. (Last time I asked this question, in polls and surveys, I got two answers. One suggested that I save $62,500 or $1,300 a month!)

Thanks, in advance, for all your help!

2007-01-16 20:35:03 · 3 answers · asked by Patty O' Green 5

2007-01-16 19:32:58 · 4 answers · asked by beach_babe971 1

2007-01-16 19:31:51 · 2 answers · asked by Anonymous

I am planning to go to Mumbai and I have already been there so I like it very much. Currently I am in New Delhi. I am planning to relocate in Mumbai but I am not sure if I can easily get a room on rent there. I would like to stay in some hostel or in a family house. I can afford my rent between 1000 - 1500 Rs. per month.

Any suggestions?

2007-01-16 19:05:13 · 4 answers · asked by Anonymous

I need a room for rent or a roommate. I've checked online and on newspapers, rents are a bit high or I really don't know if to trust those internet sites. Has anybody found a realiable way to go through this matter? If there are any websites that have worked for you then post them here.

BTW: Need to move to Bridgeport CT

2007-01-16 18:41:23 · 7 answers · asked by Jeannette R 3

2007-01-16 18:19:46 · 3 answers · asked by Clinton S 1

I work for a national portfolio lender and would like to find out how I should approach a Real Estate Broker/Realtor about becoming their in house lender.

2007-01-16 18:18:36 · 1 answers · asked by Clinton S 1

Looking to get a condo for $500K in southern california. Would like to put zero down. My wife and I likely plan to live there for only 3 years. We have no debt. Together we make $110K per year. We have good credit. This would be our first home. Should I get 30 year fixed, interest only, or another product? I am not too clear on the benefits of each. Thank you in advance for your help.

2007-01-16 17:54:32 · 7 answers · asked by Precisio 1

2007-01-16 17:31:16 · 6 answers · asked by Mimzy 2

2007-01-16 17:19:52 · 8 answers · asked by Anonymous

I purchased a wholesaling program about a month ago, but I still having trouble understanding the process.
I negotiate a price with the home owner in foreclosure and then the next step is to turn around and sell it to a rehabber for 60 or 65% of market value.
I understand it so far, here is an example. I find a property for $100,00. the owner owes the bank $50,000. The property need some work $15,000 I get my fee $10,000 the owner gets $10,000. back payments $15,000. =$50,000.
When I go to the title Company how do I write up the contract because my understanding I get my check and the owner gets his check at closing, but what happens to the repair cost. The rehabber already gets a property valued below market, does he also get additional $15,000? It looks like the rehabber will be buying the property for $50,000?
Thanks for the help

2007-01-16 17:01:30 · 3 answers · asked by Excellent Credit Service 2

My sister has a mortage for $79,000.00 loan for which he was paying a fixed 7.11% for two years. She was just notified that the new adjustable rate will be 8.63% adjust. (approx. 100.00/month more!). My question is: Should she refinance so that she doesn't pay 100./mo. more? And if it is a good idea to refinance, please explain what the pros and cons of refinancing are, and what she should be looking for. I believe the value of the property is supposed to be $110,000.00 now.
(please tell me what details you might need to better assess the situation so that you can provide resolution options)
Thanks, in advance - She will need to make a decision within the next three or four days - PLEASE HELP!!!!

2007-01-16 16:55:03 · 5 answers · asked by poecilia.r.lvr 2

around 5o thousand dollars can I fulfill my fantasy in the us prferably states (that are not in land)

2007-01-16 16:54:37 · 2 answers · asked by k 1

I have recently found a home that are going into short-sale. How do I go about to purchase this property? The listing agent is non-responsive and basically unfamiliar with the process. I have contacted the lender and it says that notice of default hasve been sent back in December, and it will be forecaslosed in March. At this point, the lender told me to talk to the listing agent and that they can't do anything until March. Any recommendation?

2007-01-16 16:47:02 · 3 answers · asked by Buyer 1

I've been thinking about moving from england to bulgaria due to the attractive property prices and the prosperity over there.
I've researched into it as much as possible and plan to visit the country before i go over there to buy property.

I'd just like to know if anyone out there has had any experiences involving bulgaria.
I know about how foreigners have to set up a company to buy land but have any of you had real experiencs of this???

Have you moved over there and if so what are the downsides to emigrating to bulgaria ???

Any other information would be appreciated also.

Thanks.

2007-01-16 16:43:26 · 6 answers · asked by k k 1

2007-01-16 16:40:17 · 2 answers · asked by J. Connie H 1

I think I'd enjoy trying dorm life once I get out of high school... but if getting an apartment with a few roomies is cheaper, maybe it'd be better...

2007-01-16 16:25:22 · 5 answers · asked by SIPT 2

I want to research and evaluate TICs--any good sources of info? Thanks!

2007-01-16 16:06:06 · 4 answers · asked by lesley 3

2007-01-16 16:01:39 · 7 answers · asked by cameraman 2

2007-01-16 15:57:16 · 7 answers · asked by bosco 1

say i have a 15 year mortgage with about 50k left on it, if i want to refinance to 30 years...can someone tell me how it works?

2007-01-16 15:30:37 · 9 answers · asked by waddle02 2

Please give me some advice to make my cold calls more successful.

2007-01-16 15:11:54 · 3 answers · asked by bobo m 1

Our home is on the market for sale. A buyer submitted an offer to purchase our home and we accepted the offer. The purchase agreement was signed by both buyer and seller. The buyer backs out of the deal one day after agreement was signed and stops payment on the escrow check. The only contigency of the contact was home inspection. The buyer backs out even before the inspection was order.

As the seller what rights do we have? Or is it worth fighting for considering that the conract was on in effect for one day?

2007-01-16 15:00:17 · 4 answers · asked by syl 1

Trying to find the statistics.

2007-01-16 14:56:20 · 2 answers · asked by Hicktown girl66 6

His disable and he like to work and place that will take him, i try to look for help and cant seem to find any program for disable kids his age. Or a school that he will keep on learning,

2007-01-16 14:54:15 · 15 answers · asked by peka b 1

anything on line. or how i can get the pennysaver from out of my city maybe mailed to other p.o address or how can i get a listing of apts for rent. i have tried rent.com thanks

2007-01-16 14:22:21 · 7 answers · asked by 1 3

Burbank or Pasadena or Toluca Lake.
Considering that all are affordable,which place do u think is better,Also where can i get good rents if want to offer my condo for rent ,if had to move to some other city.
Can u plz tell me the median home prices in these areas,
Is 700K for 2bed /2 bath in pasadena nomal,high or low?l

2007-01-16 14:06:22 · 2 answers · asked by MJ 2

My mother passed away in June of 06. We lived in the house my grandfather lived in. He wants to put the house in my name...But my mom had alot of debts. And before my grandfather puts the house in my name he wants to make sure it wont get taken off of me. If my mom had debts would they take the house off me to pay off her debts? Like my brother said my mom racked up the debts not me......Soo i dunno what todo...

2007-01-16 14:05:23 · 4 answers · asked by apocalypse66613 2

Her credit is better than his, so the rate is better with her name only on the loan. However, the house is in both of their names. Is this a good idea? It is their first house.

2007-01-16 13:31:52 · 5 answers · asked by racefans 2

THIS IS A REAL ESTATE MENTORING PROGRAM.

2007-01-16 13:31:23 · 5 answers · asked by loveistheanswer 1