isn’t mortgage insurance for if you die, the loan will be paid off? if so wouldn’t life insurance do the same, so why is mortgage insurance needed. Must you have it or is it just a option?
Tag Archives: house
What are the benefits of applying through a Property Management Company when looking for a House to rent? How?
What are the benefits of applying through a Property Management Company when looking for a House to rent? How do they operate and what are the negative sides to having to go through them?
A house I am interested in buying has termite damage.?
Damage to the hardwood floors and some window sills is apparent. Is it worthwhile or possible to fix this? and if so how and at what cost?
The house is 1800sf, 2 stories, old, has wood floors and a brick exterior.
The list price for the house is only $20k below market value.
Do I have to itemize deductions to deduct mortgage interest on a house?
I am planning to buy a house in the state of washington in year 2010. Since I don’t have mortgage, I take the standard deduction now and I am wondering if I can keep doing it next year and still deduct my mortgage interest payments.
I have decided I want to sell my house in a very bad and flooded market, what real estate should I look for?
There are homes for sale all around mine, and of course foreclosures.I am willing to sell my house at below market value to get rid of it.I rented it out twice, to people that seemed nice, were employed, but left me with unpaid rent, mess, and more bills.I am tired of cleaning up their mess, and I figure the housing market will not get better in the next couple of years, anyway.There are a lot of realtors out there, some are more aggressive then others.Should I go with a big company like a Century 21, Coldwell Bankers, or more of an independent local realtor?I tried to sell it on my own, by putting a sign in front of the house, but all I am attracting is, renters, nobody has good credit.
I cant find the home value of a house listed for 169k (a week ago) in hinesville, ga. it was built in 96?
looking at a home priced 169k, 2134 sq ft, immaculate, 3 b, 2ba, 1996, not mobile/modular. fenced in, 0.59 acre (front and back), small patio (just slab), walk in cooler in garage, 2 car garage, apparently offered below market value (which i cant find). i’ve seen homes this size for less but they didn’t look as nice. however, we only got pre-approved for 165k and that is pushing the monthly payments that we would be able to pay. i dont know how much homeowners would be, nor have i been able to find out the prop taxes for this home either.
I did go to zillows and yahoo. nothing. thats why i am asking
Is it possible to buy a house and rent it out without ever seeing the property?
I am looking into purchasing some houses for rental opportunities in other states. I am wondering would it be feasible to purchase, rent, and maintain a house while never seeing the property? Do alot of people do this, and is it a good idea?
Buying house: Why is the appraisal always the purchase price and NOT the true value (higher)? vs. RE-FI?
Every time I purchase a house I thought I got a good deal (paid below market value) yet the appraisal was…..roll the drum… the purchase price… NOT the higher true value of the house? I know the bank is just trying to cover their butts make sure the house is worth AS MUCH as I’m paying for it but shouldn’t the appraisal be accurate (true market value)?
Compare this with a RE-FI appraisal which we’ve also had in the past which seems to be true market value.
So, it seems that appraisals are different depending on new purchase vs. re-fi…. why is this the case?
should I use a property management company or local friends to rent out my house?
I am currently living in colorado but am going to move to San Antonio when I can rent my house out. My question is should I rent out my house using a property management company or should I draw up papers myself and use family and friends that are remaining local to do spot checks and handle rent collections etc? Anyone have any experience doing these options? I am a first time landlord and maybe in over my head but property management charging 10% seems a little high
Can I sell a house without paying off mortgage?
I am planning to sell my extra house, for which I am paying a mortgage (15 more years to go). The mortgage rate is really low. Can I sell the house without paying off the mortgage (i.e. can I take the mortgage as a low-interest loan), e.g. for a few years (my investment return should be much higher than the mortgage interest rate)? Is this an option that I can negotiate with my lender?