Posts Tagged Money
What is the best thing to do, if you’re staying in this country for about 3yrs only -buy a house or rent?
Posted by admin in rent house on July 17th, 2010
Me and my husband have a dilema.We currently live in the UK, but in about 3 years we’d like to go to South Africa…Now we don’t know,if we should rent a house and try to save money and from money saved to pay a deposit on a house in SA (with savings of £300p/m each we should have £10.800 at the end of 3yrs) or if we should buy a property here, pay mortgage and in 3 years sell it.
Would we make a profit?The property we would want would be in Birmingham for about £120.000, monthly repayments around £800 + bills…
Property we would rent would be in the region of £550 per month.
What would be a better option? What would get us off the ground?
I appreciate your time reading it and your help!
Repossession
Will a home sell with the carpet ripped up and floor boards out. I was renovating but now need to sell quick?
Posted by admin in house sale on July 8th, 2010
The carpet needs to be replaced throughout. Needs floorboards. Needs some drywall work. The repair is not extremely extensive but I don’t have the time or money to finish it. I need to sell the house and not lose all the equity i have in it. The house is in Las Vegas. Valued between 320,000 and 360,000.
Rent Back
If the current recession in the uk gets worse or lasts for a long time, would it be better to spend now?
Would we be best advised to keep ploughing money into our meagre savings or enjoy spending them before prices increase?
Quick Property Sale
I own a home and want to sell it quick. “We Buy Houses” is something I’m looking at?
Posted by admin in house sale on May 25th, 2010
My question is, if they make me an offer that is less than what I owe to the mortgage company, what happens to the remainder of the money? I thought perhaps they would refinance the remainder, but at that point I’d have nothing as collateral. Does anyone know?
I am looking at trying to sell my home because my husband lost his job three months ago. With no prospects in the horizon, and only one income I am able to handle the other bills, but not able to pay the mortgage at the same time. I never thought I would find myself in this position so, I’m just looking at all options to figure out which one will cause the least damage to our credit.
Passive Income
What home improvement, home renovation and home restoration grants should I apply for if I live in upstate NY?
Posted by admin in renovation on May 20th, 2010
Hello. I live in Broome County, NY. My family needs money to fix up our house with. What home improvement, home renovation and home restoration grants should I apply for since I live in Broome County, NY? Please let me know. Thank you.
Real Estate Professionals
Moving- need to sell house FAST- short sale or what?
Posted by admin in house sale on March 20th, 2010
Ok- owe $126M, house should appraise for $135M-$140M. I am planning on getting a realtor & trying to sell the normal way. I live in St. Louis, MO., and I want to move to PA in the summer so my son can start school in Aug-Sept. If the house doesn’t sell by mid-July, isn’t there a way I can contact the mortgage company and get them to buy it for the amount I owe? I’m afraid a “buy houses quick” place will not offer me the price I need to pay off the mortgage. The house is in great shape, clutter-free, and I think it will sell fast, but who knows in this market? I’ve heard of a short-sale, but it sounds to me like that occurs when you are behind in your mortgage, and you offer the mortgage co less than what you owe, and it sounds like it could affect your credit. Sure- I’d love to make money on this house, but when it comes down to it, if it doesn’t sell, I’m willing to just get out without owing anything. Thanks in advance for your help!
Passive Income
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