Renting & Real Estate - January 2007

2007-01-12 09:55:45 · 2 answers · asked by Aarn 1

For me the biggest example that something is very fundamentally wrong with the housing market is the history of the PC market.

In 1980 IBM released its first home PC retailing for $1565 and included only a keyboard. You can now buy a PC with monitor and sometime printer for as low as $400-$500 sometimes with deals as low as $300.

Yes the cost of houses throughout our country's history has usually been 3x the median income but with greater efficiency in manufacturing building materials and putting the materials together this number should have gotten smaller.

BUT now the median home price is roughly 5x the median income! So high that most people can't afford a home anymore.

It doesn't add up.

Its not supply and demand, look at Google Maps and view your state and look at all the undeveloped land our government could open for developers.

2007-01-12 09:39:59 · 10 answers · asked by RFrancis 1

Moving to Chicago area soon and concerned about housing prices.

2007-01-12 09:32:27 · 5 answers · asked by Anonymous

Hi
Does someone know a good website for flyers and signs in Spanish, I need to post a for rent sign in Spanish and I couldn't find anything good online.

2007-01-12 09:32:09 · 4 answers · asked by grand_theft_cereal 1

Does anybody know who I can complaint to about my landlord? Such as an ombudsman.

2007-01-12 09:23:42 · 8 answers · asked by pravin18274 1

We have the only boiler on the ground floor of the house in our flat, which means our neighbour can't access it and has to depend on us for heating and water!

2007-01-12 09:20:26 · 7 answers · asked by Anonymous

and now can not pay January's rent. Besides the late fee what more can I do? Or more so, how flexible should I be with him.

Also, as far as late payments are considered (besides what is on the lease) is the standard? per late week, $ per day.

I appreciate it.

2007-01-12 09:17:38 · 6 answers · asked by Anonymous

i have put an offer in for an old school house which has full planning permission to convert into a private dwelling house, my offer has been accepted pending various other factors. If succesful with the sale i was hoping to convert it into two properties, i know i will have to go back to planning for this to happen, i was wondering whether i have a good chance of being succesful because of the already available planning permissions. I will not be changing the exterior at all so the renovations will be internal.......any advice would be greatfully accepted!!

2007-01-12 08:38:57 · 4 answers · asked by Anonymous

Okay, I understand that when you are buying a house it's nice, because you'll actually own something in the long run (like 30 years). But, everyone says that rent is throwing your money away. Um, you're paying to have a roof over your head. You wouldn't have that if you did not pay rent. Why is that a hard concept to grasp? Not everyone is ready to buy. You have to consider several factors. Do you have a fall back plan when something breaks-and oh, it will. Is this the state you are going to live in for a while? If not what if property values go down, etc.

2007-01-12 08:36:18 · 14 answers · asked by that dead girl 3

I currently have a mortgage on my house. The mortgage is in my and my brothers name. I want to remove his name and put my wife on the loan. I am being told that i would have to go thru the entire mortgage process, pay closing cost and loose the low interest rate. Is there anything i can do?

2007-01-12 08:35:13 · 4 answers · asked by Anonymous

She put down $5,000 before we were married and now wants it back, however, after I filed for divorce (date of seperation) I was ordered out of the house and forced to pay mortgage and utilities for 6 months, well over her $5,000. All I'm asking for is half the money. Yes she did put it down before the marriage, but I paid everything after the date of seperation. Will I get my half of the money?

2007-01-12 08:22:28 · 7 answers · asked by Anonymous

I have credit problems and not much cash. Where do I go when no one will rent to me?

2007-01-12 08:02:00 · 5 answers · asked by Anonymous

I'm 20 years old and recently moved back in w/the parents. I really want to move out soon but I'm afraid I cannot afford it on my own. I want a roomate, all my friends are already set, and my boyfriend is in Japan in the Navy...does anyone know any good roomate sites?

2007-01-12 07:40:46 · 7 answers · asked by Anonymous

if they cannot afford to drop there price we will have to find a new prop, we have a mortgage in place, will we have to take a new mortgage out ?

2007-01-12 07:36:51 · 4 answers · asked by loulou 1

Thoughts on screening applicants, roomate selection, desirable roomates, risky or not so good roomates, in short, things to look for in Good vs Bad potential roomates.

2007-01-12 07:30:33 · 7 answers · asked by jj1ja 1

or will this mortgage be vallid.

2007-01-12 07:15:56 · 4 answers · asked by loulou 1

Hi, I am a 19 year old college student and I am trying to decide if I should rent an apartment or buy a Condo. Right now I am living at home with my parents but would like to move out. I think that spending 600 dollars a month on rent is a a waste of money becuase I will never see the money again. However, I do not know that I am ready to own a Condo. My parents would help me pay the down payment and with a 30 year morgage my payments would be about 350 a month plus a 210/ mo HOA fee. The HOA fee includes heat, water, pool, landscaping. The complex is professionally managed. I do not know much about owning a condo, so any advice is appricated. Thanks!

2007-01-12 06:57:03 · 7 answers · asked by Paige 3

Would it be possible for a landlord to take out the late fee from the security deposit we gave? At the time we moved in, we gave a $500 security deposit. There is nothing to fix in this apartment whenever we move, except the basic carpet clean and white wall paint which the landlord can see.

2007-01-12 06:44:04 · 2 answers · asked by Lupita 5

I have a property in UB5 Northolt and i have no agents. The tennants are ok but very lazy, I need someone to look after the house. I had a agent before, but they are really lazy and very fast on collecting their fees. Do you recomend anyone i could trust as i live abroad and can not look after the house?

2007-01-12 06:27:30 · 2 answers · asked by Maka 3

Starting Monday January 15, i will begin my Real Estate class in Michigan, does anybody have any advice?

2007-01-12 06:27:22 · 8 answers · asked by Anonymous

Hi
can i get a list of all home, townhouse, condos and Apartment rentals in milpitas, California?
Thank you can you tell soon

2007-01-12 06:22:19 · 3 answers · asked by Shao Mei F 1

how do you become a loan originator?

2007-01-12 06:19:49 · 6 answers · asked by Anonymous

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 make about 55-60K and currently pay $1400 in rent a month. We are trying to figure out if a 80/20 is right for us to avoid PMI. Do you pay two closing costs?
My partner is self-employed, so we need to go stated?
We can "borrow" 15% from my parents (but have to pay back with interest). We are trying to figure out if we can afford 250K and the best rate we've gotten is 6%. Taxes in the FL area we are moving to are going to be 4K-5K and we are having a hard time figuring out how much home owners insurance is going to be, as no one wants to give quotes in FL. At what point do you need to get homeowners insurance?
If the sellers have already paid the yearly taxes, do we pay them next year?
We are working with two different brokers and just trying to find the right mortgage. Any thoughts?

2007-01-12 05:57:50 · 13 answers · asked by Bean 3

I have been quoted £400 for some packing and removing a mile down the road. I live in a 2 bed flat.

2007-01-12 05:54:29 · 7 answers · asked by oceanwaves 2

2007-01-12 05:51:58 · 1 answers · asked by K W 2

My landlord knows my husband lost his job two months ago and has been working at a labor finder place to just pay the rent and basically get by up until he finds another good job. We have four small children, so I have to stay at home to watch them. My landlord insists on charging us a late fee- 10% of whatever we are late even though our expired lease says after 10 days we have to pay the fee. She claims it is because we have been late for a few months now and gas is expensive that she has to come to pick up the late rent. Late by less than 10 days every month too (always either 7 or 8 days). Our lease expired a year ago and the landlord has failed to make another one. Thank you for your answers!!!

2007-01-12 05:20:00 · 11 answers · asked by Lupita 5

Our dept is moving into new office building. Our acquisition dept is handling the lease.

Out of curiousity-what things are needed in negotiating an office lease? This building is going to support at least 20 employees.

Thanks...

2007-01-12 04:56:12 · 2 answers · asked by Anonymous

We are looking to buy a home to move in to. The house own now will be put up for rent. We are just rtying to get the biggest bang for the buck!

2007-01-12 04:46:49 · 4 answers · asked by Anonymous

2007-01-12 04:44:56 · 4 answers · asked by kinapa2002 1

I have a current mortgage of $135,000 on my primary residence. This single family home is valued at $300,000. I want to buy a piece of vacant land for $145,000. I have $40,000 to put down on it, so would need a loan for $105,000. I've been told to go with a home equity loan or HELOC. I've only had experience with fixed rate mortages so a variable rate kind of scares me. Any suggestions? Thank you.

2007-01-12 04:41:39 · 9 answers · asked by Michael G 2