• I’m 25 with a part time job. I’m looking into getting a house for me and my friend(who is 25 and works with me). How can we do it?

    It’s part time and I only have Mondays off. $8 an hour with bi-weekly checks of $200-$300 My friend has the same hours and only gets Sundays off. We have 401K after a new company took over. We’re looking into getting a house. We can’t rent as no one in my town allows pets. Not even apartments. Trust me, I... show more
    It’s part time and I only have Mondays off. $8 an hour with bi-weekly checks of $200-$300 My friend has the same hours and only gets Sundays off. We have 401K after a new company took over. We’re looking into getting a house. We can’t rent as no one in my town allows pets. Not even apartments. Trust me, I looked. We own 5 cats of various ages. As for the desired house, we don’t care. As long as it’s decent and not in a major flood zone. By decent, I mean mostly maintained and not literally falling apart. We’re not picky. I’m just asking, can we get a house? Price is $30,000 and below as I know with us having no credit brings us with a limited selection. I’d like to know what can we do? Also, can’t get credit cards cause my mom hates them with a passion.
    28 answers · 2 days ago
  • Can I buy another house?

    I bought a house 2 years ago and am now being promoted at my job. I need to relocate an hour and a half away. I don’t want to accept the promotion if I have to rent. Do I qualify for another mortgage if I rent my current house out? If so, how long would it take for me to qualify for a mortgage? The last time I... show more
    I bought a house 2 years ago and am now being promoted at my job. I need to relocate an hour and a half away. I don’t want to accept the promotion if I have to rent. Do I qualify for another mortgage if I rent my current house out? If so, how long would it take for me to qualify for a mortgage? The last time I checked my credit score, it was 751. That was 1.5 years ago and after 6 months of mortgage payments. Please don’t try to talk me into renting.
    15 answers · 1 day ago
  • I'd like to buy a house in france as soon as I can how would this possible?

    I'm 19 years old and starting university in September, therefore I have no revenue except for the money my parents send me every month to pay the rent and eat. I don't have enough money in my bank account to buy a house right now, but I am so scared of not having somewhere decent to live once I graduate...... show more
    I'm 19 years old and starting university in September, therefore I have no revenue except for the money my parents send me every month to pay the rent and eat. I don't have enough money in my bank account to buy a house right now, but I am so scared of not having somewhere decent to live once I graduate... How do I actually get my own house ? I wouldn't want to have to rent a house because that would just be a waste of money.... Any advice
    12 answers · 22 hours ago
  • Fresh college graduate here. Should I buy a home or rent?

    Best answer: 50k a year right out of school... Nice! You will qualify for a first time home buyer and you will only have to put 3% down. If you plan on sticking around, yes... But buy something good... Remember a house is your #1 asset and is a huge part of your net worth. the mortgage insurance goes away when you hit... show more
    Best answer: 50k a year right out of school... Nice!

    You will qualify for a first time home buyer and you will only have to put 3% down. If you plan on sticking around, yes...

    But buy something good... Remember a house is your #1 asset and is a huge part of your net worth. the mortgage insurance goes away when you hit 20% equity. You are young, you are getting paid, you might as well invest in your home. Also after you have been there a year, you can sell the house. any gains are TAX FREE>>>... Plus you get to write off all the interest on your taxes, that's most of your payments. Also keep in mind, no one in their right mind would loan money for 30 years and a low interest rate, home loans won't keep up with inflation and as time goes by your payment will be less of a burden as inflation rises.

    First step would be to visit with a mortgage company and see what you qualify for. You might be surprised.

    Congrats! BUY!
    13 answers · 1 day ago
  • Inheritance of mother's home.?

    My sister and I have inherited my mother's home. My sister had been living with my mother and still is living in the house since my mom has passed. The estate has not been settled yet so our names are not on the Deed (there is no mortgage). I want to move in but might want to buy something bigger in the... show more
    My sister and I have inherited my mother's home. My sister had been living with my mother and still is living in the house since my mom has passed. The estate has not been settled yet so our names are not on the Deed (there is no mortgage). I want to move in but might want to buy something bigger in the future. Is there an amount of time that I am required to stay in the home before I move? If I decide to move, can I have my sister buy out my half? Will there be any penalties if/when I do move out? Any consequences at all that I should know about?
    17 answers · 2 days ago
  • How do I know if I need a 30 or a 36 range hood?

    I have a really old range hood and want to buy a new on e but do not know if I need a 30 or a36
    I have a really old range hood and want to buy a new on e but do not know if I need a 30 or a36
    12 answers · 1 day ago
  • My landlady/room mate has bizarre rules which i disagree with, how do i address this?

    Best answer: If you both pay equal rent and she runs her business that close to the bathroom where you are showering, then she should make a change. It's different if you're walking around the house near naked after the shower, but that doesn't sound like the case. I would tell her you have a right to shower when... show more
    Best answer: If you both pay equal rent and she runs her business that close to the bathroom where you are showering, then she should make a change. It's different if you're walking around the house near naked after the shower, but that doesn't sound like the case. I would tell her you have a right to shower when you pay to live there.
    10 answers · 17 hours ago
  • Can a person live comfortably on 12 dollars an hour? (I don't think it's possible)?

    Saw a job listing for this amount in my area. I just plan on a part time job for extra cash...so this might be doable.
    Saw a job listing for this amount in my area. I just plan on a part time job for extra cash...so this might be doable.
    10 answers · 1 day ago
  • I think I am being scammed (property rental)?

    I have been renting for almost a year now. In April my former landlord sold the properly to a landlord who was only willing to allow me to sign a lease with a group of 4 other people. I was not happy with the offer, and as a result I tried to find a new place to rent. I found an offer that was a little bit cheaper... show more
    I have been renting for almost a year now. In April my former landlord sold the properly to a landlord who was only willing to allow me to sign a lease with a group of 4 other people. I was not happy with the offer, and as a result I tried to find a new place to rent. I found an offer that was a little bit cheaper than the current room I am renting. The person who was offering the spare room claimed that they would bring their husband over to show me the apartment and the potential room I would be renting out. I met up with the womans husband that day and he provided me with an offer to sign the lease on the same day as soon as the showing was over. I agreed and we signed the lease together and I paid him the security deposit once the paperwork was all finished. He wanted the money in cash, and he gave me a receipt when I gave him the money. The very next day I met with him to get my copy of the lease. For some reason none of this feels right at all. Apparently the woman I contacted owns several properties in the city I live in, but then again I have no way of verifying whether or not she genuinely owns them. The landlord also stated the name of their business on the lease, but when I try to look it up I find absolutely nothing on it. I may be a little paranoid, but I am very concerned as if I am being scammed then I don't have a place to live when my current lease expires, and I lost money that I really need.
    13 answers · 2 days ago
  • Can you tell your tenant that they are not allowed to have guests nor parties??

    Best answer: Depends on where you live and the circumstances (if you're living in the house with the tenant, for instance). Generally, though, the answer is no. Your rental is your tenant's home. They're allowed to treat it as such. If you're careful about screening tenant's and you're doing your due... show more
    Best answer: Depends on where you live and the circumstances (if you're living in the house with the tenant, for instance). Generally, though, the answer is no. Your rental is your tenant's home. They're allowed to treat it as such. If you're careful about screening tenant's and you're doing your due diligence, you have nothing to worry about. As for damages, if guests damage the property, the tenant is liable. If you're worried about your own liability, get a solid umbrella insurance policy. They're pretty inexpensive and they will cover EVERYTHING.

    If you can't handle strangers in your house for emotional reasons, you need to find another way to make money. This is not the industry for emotional attachments to property. If you're renting a house out, it's an investment and a tool. Even if you can legally make the request you want to make, it's going to go over like a lead balloon. You'll have a hard time finding and keeping a tenant who is willing to abide by your rules.
    11 answers · 2 days ago
  • My 91 year old stepmother is inheriting our whole family estate.?

    Best answer: It's nothing to do with your stepmother. How your dad leaves his money is up to him.
    Best answer: It's nothing to do with your stepmother. How your dad leaves his money is up to him.
    15 answers · 3 days ago
  • My parents took out a mortgage loan for my husband and I.?

    Best answer: For you, no. For them, quite possibly. If the mortgage agreement requires owner-occupied, they are in breach of the agreement and if the lender finds out, the lender can call the loan immediately due and payable. If they obtained a mortgage as an investment property and are paying the higher interest rate that... show more
    Best answer: For you, no. For them, quite possibly. If the mortgage agreement requires owner-occupied, they are in breach of the agreement and if the lender finds out, the lender can call the loan immediately due and payable. If they obtained a mortgage as an investment property and are paying the higher interest rate that comes with one of these mortgages, then they are fine.

    There may be other consequences for you. The property is in their name. What protection do you have, for the down payment you invested, and the payments and the taxes you are paying for? Are you paying the payments directly and the taxes directly, or are you giving them the money and they pay?

    Because you are not on the deed - I recommend that you be added to the deed to protect your investment - you cannot take any tax deductions for mortgage interest and property taxes. Only the owner can. But, if you make those payments directly, they can't take tax deductions for interest and taxes either. Not only must you own the property, you must pay the mortgage and taxes yourself. It's why landlord collect rent and pay their bills, not have tenants pay their bills for them - even though that's exactly what the tenant is doing.
    17 answers · 4 days ago