Renting & Real Estate - March 2007

2007-03-14 10:16:37 · 4 answers · asked by mark w 1

Since this would be my first place, what references am I supposed to provide them with?

2007-03-14 10:10:24 · 10 answers · asked by terrence_20_21 1

I make 45K/year. Divorced. Have my kids Friday through Monday morning. 32

My current rent is 725 and hasn't changed for 4 years
2 bedroom apartment.
I live in the suburbs north of Philly

There are NO homes in the area (including townhomes) for less than 200K. I I can't justify a mortgage over 1000 if I am only making 4000 before taxes. I have two kids 7 and 8 years away from college

I think I would be better off paying my 700-900/month rent for 10-15 years than paying double that for a house that in a 30 year mortgage.

In 10 years I won't need a two bedroom anymore - just a one bedroom.

People at work tell me that I should buy a home, but I don't think it makes sense.

Paying 300K with interest on a home that will be worth 300K in 30 years. I could put the extra that I would end up paying in a mortgage into a 401K and end up with well more than 500K in 30 years.

Plus when you figure in the taxes, maintenance costs, insurance.

2007-03-14 10:06:32 · 3 answers · asked by bjmarchini 2

I'm a first time home buyer, as is my future wife (wedding is 6 weeks away). We are interested in spending about 70-110k for a house. I have a nice job and her job is ok.

We both have school loans, and car payments, and we both have credit cards.

We figure we will have about 7-10k coming in from the wedding.

Do we a) Pay down 70% of our credit cards & keep renting? And save up a year or two for another down payment

or do we b) Use that money to put a down payment for a house, and pay of CC as we were.

We want a house because the area has few apartments to rent, and also we need some equity. Will creditors/bank loans be more interested in the down payment? or the CC payment?

2007-03-14 09:56:43 · 6 answers · asked by perfectglitch 3

2007-03-14 09:44:40 · 7 answers · asked by Anonymous

I'm looking to rent a new apartment. Online at quite a few different websites, the apartment is listed at 35 dollars less than what the Manager said on the phone. Is there a way to bargain with them to reduce the price back down? Please help!

2007-03-14 09:42:46 · 6 answers · asked by Anonymous

2007-03-14 09:40:49 · 6 answers · asked by Anonymous

when u rifinance do u go with the banks that are already giving u the loans or u go to a rifinance company i have a two banks financing my home on is for a higher amount the other for a smaller amount how can i get one bill and how do i goa about refiancing

2007-03-14 09:28:20 · 5 answers · asked by CHRIS A 1

I did sign an "agreement" stating that i can not sell it (or rent it out) within 2 years. I was told, although i did sign it, it is illegal for the builder to have me sign it. So there for, i guess i can sell it?

2007-03-14 09:19:19 · 3 answers · asked by thegurlnextdoor 1

2007-03-14 09:16:09 · 4 answers · asked by Ruth B 1

People losing their homes, can't get a mortgage, housing market falls, but where will people live? What about first time homebuyers? Will this lead to more house rentals?

2007-03-14 09:07:17 · 6 answers · asked by Anonymous

My husband and I were trying to get our finances in order to purchase a house in the next 6 months. We are paying off a few small loans, all totaling around $430 debt per month. We have another $1000 in debt in addition to the $430. We were also going to save $1000 to have in savings just to show financial security. We make $70,000 a year Now I'm worried that if we wait 6 months, we won't be able to get a mortgage loan if sub prime's bust. You see, we filed for Ch. 7 bk 4 years ago. We have one situation on our credit where late payments show up, but this was a car that we sold to someone else who was paying the payments. We have proof, via the contract and bank statements, that we weren't responsible. I was told that should do the trick for those late payments. Other than that, we have not had anything late in the past 4 years. My credit score is around 630 and my husbands around 600. I believe that this sub prime bust will lower home costs and be good for us, but we'll we qualify?

2007-03-14 09:03:51 · 4 answers · asked by Anonymous

i purchased a home 1yr ad 3 months ago i been having a hard time paying the mortgage one of my loans has a 10.0 intrest the other a 7.0 wich are both high so my payment is 2300 ,,, i have a 5 yr fix loan ,..soo i have to refinace before i hit 5 yrs ..to much but i also notice the rates when down now soo i want to rifinance but iam not shure if its a good choice anyone have any good suggestions????

2007-03-14 08:57:57 · 7 answers · asked by CHRIS A 1

Townhomes where I have grown up and lived (rural PA) are running in the mid 200's. As a single parent, I can afford a 1500-2000 per month payment. Am I going to be stuck renting for the rest of my life? I thought about moving outside the area but then I would have a rediculous commute or would have to find a lower paying job locally. I make about 45000 per year so I am not completely strapped, but I can't see putting 40% of my take home pay into a house.

I blame alot of these speculators who have been "flipping" houses over the last ten years.

I really would like to buy a house, but there is literally nothing within 30 miles of where I live for less than 200K. Except a trailer maybe. I am paying 725 for 2 bedroom rental (which is dirt cheap). I think I am better off staying here financially even though I am not building equity with rent.

2007-03-14 08:56:18 · 5 answers · asked by bjmarchini 2

My mother died almost a year ago. My sister is executor of her will. The sale of her house has been in limbo....for example, my sister told me she would get an appraisal on the house value asap the first week in January. We still do not have an appraisal.

2007-03-14 08:53:01 · 3 answers · asked by Shirley S 2

2007-03-14 08:50:45 · 9 answers · asked by Fruitful1 3

There is a house in my neighborhood that I heard may be going up for sale bc of foreclosure. I think buying this house would be a great investment. However, it's been a year since I heard that, and no one has lived in the house since. I was wondering if there was a way I could check out the status of the house online, like the total value, foreclosure status, repair status. I seem to remember being told that this was public information on propery available to anyone. Anyone know about realty?

2007-03-14 08:46:50 · 2 answers · asked by cane river 1

Does anyone know if there is a house for sale out in the country of Rankin County in Mississippi? Prefer a little to no neighbors. Any help would be greatly appreciated.

2007-03-14 08:40:34 · 2 answers · asked by Xena 3

I am renting from a man in Calumet City, IL and there are 8 plastic containers of clothing in the bedroom closet that belonged to a guy who moved out last fall and still owes the landlord almost $150 in rent. How long does he legally have to hold onto this guy's property before he can donate it to a charity? The guy has not contacted my landlord since he left the apartment last fall. It's just clothing and he's storing it in my bedroom closet.

2007-03-14 08:39:46 · 3 answers · asked by lora_smith2001 1

Does anyone know of any good real estate investment groups in the Chicago area? Nationwide groups? Good websites? Thanks for your assistance.

2007-03-14 08:30:15 · 3 answers · asked by Anonymous

I am on this website and it says some of these houses are $3000 - $9000?! Am I reading something wrong here?

2007-03-14 08:19:44 · 2 answers · asked by Anonymous

I am starting my own construction business in connecticut and I need help with the name. I like the ring of Home Builders in the name, but I don't know what to put in front of it! I tried a search for Custom Home Builders and it is already taken. This is a woman owned company, but does not have to reflect that in the name...

thanks so much!!!

2007-03-14 08:17:21 · 7 answers · asked by Olivia's MOM 1

Last year my house was on foreclosure list but i talked to the mortgage company and they put me on a six month forebearance agreement and told me I had 6 months to pay them there $3,000.00 so is there any loan i may get and my house is worth $80,000.00 even through I still have this foreclosure on my credit

2007-03-14 08:06:48 · 6 answers · asked by Anonymous

ok, so i just moved to this place, and the sign at the corner says lindbergh ct.
it doesn't say "St." as in street....so my question is what does "ct." mean, obviously it doesn't mean street.
i want to know because of mailing purposes.....oh and i live in TEXAS, if that has to do with anything.
thanx in advance

2007-03-14 07:43:15 · 10 answers · asked by Anonymous

I am looking into a 4 unit home that shows positive cash flow. Yet the upfront deposit and downpayment may not make my true cash flow as positive. Any suggestions?

2007-03-14 07:33:06 · 5 answers · asked by Leafs Rule! 2

if you are selling a house and you have a closing date can you push the closing date back a few weeks?

2007-03-14 07:27:29 · 4 answers · asked by David M 2

okay so our house has sold and we cannot get the paperwork done fast enough! and we have to be our by the 17th and the earliest we can move into the new house is the 30th and we cannot get an extension what should we do?!?!?!?!?!?

2007-03-14 07:20:01 · 6 answers · asked by David M 2

Me and my finance are hoping to move to Illinois (Chicago or surrounding areas) this year and are planning a trip to Illinois (around june or july) and would love to find rent to own homes we could look at... . Anyone selling or does anyone know of GOOD websites to look at?... thank you all!

2007-03-14 07:11:12 · 5 answers · asked by mony 2

un-american to allow people to lose their home?

2007-03-14 07:09:31 · 3 answers · asked by Anonymous

which he is now part owner, is his bride who is still overseas entitle to community property ownership in this house when she arrives in US? House was in escrow on the date of the marriage overseas. I prefer she is not entitle because I really don't think "bride" of this type is really in love with him and she may make a mess out of the ownership if she files for divorce in 2 yrs (INS rule which allows her to stay in the US).

2007-03-14 07:08:09 · 6 answers · asked by firstname L 1