Seema Hosfeld: Heck no.Rents are more expensive than mortgages, at least in Sacramento.In areas hit the hardest, I think what you'll see happen is the people who went into homeownership unprepared will foreclose and be forced to rent (and unable to buy for some time), while the prudent individuals who rented due to the high purchase prices will now see they can actually SAVE MONEY every month by buying.In short, I think the current renters will begin to buy, and the current foreclosures will begin to rent. I don't think it will flood - or dry up - the market....Show more
Eva Lichlyter: raising rents would only create buyers in a down market.
Sena Highman: I have a deed to a timeshare I cannot afford anymore. The resort will not help me sell it. Has anyone ever used one of those 3rd party companies to sell a timeshare? What was your experience with it? Any info would be helpful.
Wilmer Skidmore: Any company that wants you to pay a fee up front is scamming! you.
Tyrone Disanti: i know you said uk only but consider this: with the exchange rate of the Dollar, perhaps u might want to INVEST in a property in the US and continue to rent in the UK. done right it could have a huge benefit for you. It would take some homework though, so be prepared.
Dorine Nurre: If the new job is in the same field, you will be fine.
Delphine Cajka: "Take advantage?" The landlords must pay mortages on that property (at higher rates than you would because it's commercial), taxes (at higher rates than you would because it's commercial), salaries, repair, upkeep, deal with vacancies, drunks, possibly drugs, domestic violence, and security issues along with demanding and sometimes dishonest tenants. They have to screen endless numbers of people through credit/criminal checks and monitor the property regularly to be sure everything stays on an even keel.If you think it's easy and a sure path to effortless riches rent your home out instea! d of selling it. Trapped is as trapped feels. You need a roof ! then you pay rent or mortgage. Take your pick. Nobody forces you. If you want to own a home you already do so stay there. You want to rent for a year to shop for a new one and have flexibility, do so....Show more
Fannie Collingwood: Reselling a timeshare is extremely difficult because there are many people selling but very few buying. How many people do you know who are thinking about buying a timeshare on any given day? There are those that go to the timeshare and perhaps people who have already bought one.A timeshare transfer company like Timeshare Relief would be able to help you. You would need to pay an upfront fee, but results are guaranteed. The company has been in business for over 6 years now and has an A- rating with the BBB. If they were not doing what they say they were going to do, there is no way they could achieve that type of success nor rating.Watch the video testimonials of people who successfully got rid of their timeshares and stopped paying ! maintenance fees and special assessments....Show more
Ricky Frazer: Find a Lease Option
Lahoma Beadell: Hiya,If someone is a first time buyer, my advice would be to wait and see what happens. I don't expect there will be a crash, but do think prices will fall in the short term.Keep an active eye on the areas in which you would like to live as there will be the opportunity to find some good bargains this year as the property market slows. Sellers will be more likely to accept a low offer especially if facing debt problems made worse by the world wide credit crunch. If you can buy a property with say a 10% discount, then you will have a built in buffer again any fall in the market.
Ronny Dorge: I now will start working for this new job where I will make a little more then my past job the time it lapse between this new job and the last one was about 1 month will this affect me when I apply for a home loan? or should I wait a little on this new job to apply! for the home loan? I have never own a home this would be my first time! applying for a home loan.
Soraya Coodey: your question doesn't even make sense. it would be like asking if falling gas prices are going to make people on bicycles not get a car.
Stanton Valdivia: No. I think that they will be able to afford the cheaper homes. I know they will have to put money down, but those will good credit and low income will be able to buy houses that are cheaper, those with low income and bad credit will be renting. Watch out for them. Just do a credit check first. Some people going through a divorce, looking for a job, etc, might not want to buy a home until their life is more stable. ex. I might not buy a house if I don't know where my job will be....Show more
Matt Tiry: It depends on how you compensated currently and if this job relates to your previous line of work. If you are straight salary, you shouldn't have to wait. If you are commissioned, bonused or earn overtime, it could make a difference. The best is to review! your specific situation with a lender. They will tell you if you can buy a home or not.
Alexander Villas: you will for sure have the conventional expenses linked with identifying to purchase a property: legal costs, searches, survey, SDLT, loan costs (in case you purchase with a private loan), etc. What you're able to pay relies upon on the state of the valuables. you're able to discover someplace it somewhat is completely embellished and able to pass, yet greater in all probability you will could beautify and probably replace (to illustrate) carpets, kitchen, bathing room, dwelling house windows, etc. bear in techniques, while people purchase a place to stay in themselves they'll do those type of issues progressively over the years. in case you want to attraction to tenants (or a minimum of useful tenants) then they'll anticipate those type of issues to be appeared after up front. you will even have some ongoing costs that are unavoidable, like a gasoline inspectio! n and coverage. in case you come back to a determination to administrat! ion it your self you will could pay for advertising and something to prepare a tenancy contract (in spite of if its basically £20 at WH Smith). Or, you will pay a share of the lease each month to an agent to administration the valuables. i think of property is a sturdy investment, and the month-to-month lease could conceal each and all of the outgoings, in spite of in case you have a private loan to provider. If I had £a hundred and fifty,000 i could be attempting to get 3 or 4 homes, despite the fact that not unexpectedly. basically considering the fact which you're able to have the money for to purchase one outright does not advise it somewhat is the acceptable way of making an investment the money. the biggest element is to be sure what type of homes lease properly on your area and which aspects of city are acceptable.
Hal Palowoda: its pretty simple if you have a good job and good credit with a debt ratio that is good you need to buy while the market is down... ! if you credit sucks it doesnt matter what you want.
Sonya Volcko: 2
Sol Bayn: Yes, with so many people walking away from their homes and lenders tightening their guidelines due to public and government pressure more and more landlords will capitalize in the fact that most people will be stuck with renting and thus cause rents to go sky high.Supply and demand!I can still put many renters into homes these days though......Show more
Joaquin Dronko: usually lenders look to see if you have been in the same field of business. so if you just got another job then you should be ok as long as it was in the same field. you could also talk to a loan officer and figure out what their guidelines are in this matter. your making more money so thats a good thing. it shouldnt be a problem as long as you have good credit. good credit is a cure to a lot of problems when it comes to mortgages. plus, there are a lot of great first time home buyer programs....Show more
Cl! ementina Collelo: If there is a mail box or a community bulletin board ! at your home resort, you can put a “For sale†sign. This will pressure the developer specially if they sell it for $20,000 USD and you offer it for $5,000. Sometimes on the fine print of some sale agreements says that the developer has the first right to buy if your place is ever sold. I have heard of developers paying the money (as long as is not too much) just to take the sign out. To re-sell or rent a timeshare is a hard task, the basic rule is not to pay money up-front, don’t be another victim of a scam.Unfortunately over 50% of people that really need to sell their timeshare falls for these re-sell scams where they charge money upfront and less than 10% of them use their only real option which is to post it or offer it trough free advertising options as much and as many sites as they can (it is ok to pay a few dollars to post in a great place but no more that $20 to $30).Timeshares do not have resale value and in most situations you would take a loss in what y! ou paid for, as they re-sell for less than $2000 USD.There are some free classified where you can post: http://timeshareownerscommunity.com/http://craigslist.comhttp://ebay.comhttp://recycler.com/http://usfreeads.com/ http://www.inetgiant.com/...Show more
Toby Caswell: Rent-To-Own Homes - http://RentToOwnHome.uzaev.com/?SyNz
Emile Midgley: Should we wait or should we risk. House prices gonna crash?? My girlfriend wants to buy this summer but should she wait. Your ideas pleaseUK only thanks
Sheron Perrez: Renting is much freer than buying. There is no such thing as begin trapped when renting. With home prices falling, the downward pressure on rents is increasing.
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