Who is looking for apts, rental homes and buying a home this year and next year?

[Awauphi]

:Oops: :Oops: :Oops:

OH DONT YOU DARE!!! lol.. come back, girl!!!!!! lol..

face it and ASK alex..

I DID!!! i am not ashamed to do that!!! :P

 

[coloravalanche]

OH DONT YOU DARE!!! lol.. come back, girl!!!!!! lol..

face it and ASK alex..

I DID!!! i am not ashamed to do that!!! :P

I'm here...I'm back...

I'm blushing... JK

 

[GalaxyAngel]

We already bought house by private owner... and will move in on Sept 15th for closing the date.. Saved our money lot of it than Real Estate's profit of commission!

*exciting* but hate pack pack so many stuffs... rest of 3 kids (chuckles)
I'm so quite exciting....
we grabbed 5.35% rate of mortgage for 5 yrs locked!

 

[Foxrac]

We already bought house by private owner... and will move in on Sept 15th for closing the date.. Saved our money lot of it than Real Estate's profit of commission!

*exciting* but hate pack pack so many stuffs... rest of 3 kids (chuckles)
I'm so quite exciting....
we grabbed 5.35% rate of mortgage for 5 yrs locked!

You need help me too.

 

[Alex]

ALEX.. ARE U TAKEN OR NOT????

Hi. No, I'm not taken at the moment and I'm not really looking to get into another relationship.

Congrats, Alex

Thanks! It's cool to be finally be a homeowner/landlord and all that. I've been dealing with all kinds of tenants since I was a teen (my father owned and still own multiple properties) so that helps.

high? i don't think so..

It depends where you're from, the type of property and loan, your FICO score, and other factors. I'm telling you that it's above average (6%) for me.

 

[Foxrac]

Hi. No, I'm not taken at the moment and I'm not really looking to get into another relationship.

Thanks! It's cool to be finally be a homeowner/landlord and all that. I've been dealing with all kinds of tenants since I was a teen (my father owned and still own multiple properties) so that helps.

It depends where you're from, the type of property and loan, your FICO score, and other factors. I'm telling you that it's above average (6%) for me.

I think that you have wife.

 

[Alex]

Naw, man, no wifey here. Never had one. Don't know where you guys are getting these ideas from.

 

[Foxrac]

Naw, man, no wifey here. Never had one. Don't know where you guys are getting these ideas from.

I was just guessing about it... I think that you are from NYC metro but who knows...

There's Alex culture is...

 

[VamPyroX]

I am currently moving from place to place. This will continue until after I finally graduate from RIT. Then, I'll move back to Texas and get my own apartment.

 

[diehardbiker]

Hey you got in ARM mortgage??? Then you BETTER save up money and NOT ever accept any home equity loan and NOT taking out any more loan, because you might be stuck with interest rate shot up after 5 years. I really do advise AGAINST ARM, you have chance and I think you should go back to your lender and ask for fixed rate, they may bear higher interest rate, BUT you'd save alot money in the long run. I have read newspaper couple weeks ago, mentioned that more and more people with ARM ended up having their house foreclosed!!! That is SCARY!
Here is senario that could lead to foreclosure. If your rate shot up after 5 years, you may end up paying 500 dollars more each month than during the first 5 years. PLUS *IF* your house value plummet during market cool down, and if that value falls below what you owe, including home equity loan then you are STUCK and can't sell your house, period! No lender will lend money until the previous owner paid off their debt(s) first before they close!
I don't want to sound negative but, if you look, and think hard you may thank me in the end.

I wouldn't trust that "Closing date" they never really stick to that date! I bet you would get couple postponed date. But since it is September, you'd have enough time anyway.

That real estate commission usually paid by the seller not the buyer like you. So the real estate commision usually don't apply you, UNLESS you offer to pay the commission.

We already bought house by private owner... and will move in on Sept 15th for closing the date.. Saved our money lot of it than Real Estate's profit of commission!

*exciting* but hate pack pack so many stuffs... rest of 3 kids (chuckles)
I'm so quite exciting....
we grabbed 5.35% rate of mortgage for 5 yrs locked!

 

[diehardbiker]

No anything below 8% is cheap! I had my mortgage locked on 6%, I missed 5.5% just by couple weeks! arrrgggghhhH!!!!! If I knew about this, I'd have wait for 2 more weeks! grrrr

The highest interest rate in history is 18% and that is in 1982.

Remember how these interest rate works. These rates usually are in APR format. Meaning they are calculate in annual basis. So say, if this APR of 12%, you would divided them by 12 months, that gives you 1% for each month, multiply that 1% with the amount you currently owe, then that is amount you pay for interest. For example, you now owe $150,000 dollars and your interest rate would be $1,500 for that month!, if for 6% APR, divided them into 12, that gives you 1/2% and multiply them with $150,000 that you currently owe, then your interest cost would be 750 dollars for that month. Now you see how much difference between 6% and 12% interest rate.

6.8%? that´s expensive...

My dream wish was being fulfilled in 1989 and stick it until........................?

 

[diehardbiker]

It have nothing to do with Bernanke. The interest rate flunctions based on economy. If there is threat of inflation, Alan greenspan WILL definetly increase the rate, just exact what Bernanke did!

I personally wish that the interest rate would remain the same, BUT we gotta to live the way it is, and be thankful that the interest rate isn't like back in 1982! Whopping 18% for mortgage!!!

Congrats, Alex

I understand the frustrations about these
mortgage loan interest rates are climbing
around 6-7 percent now and
I heard it's not even finished it will still go up
much higher in the near future. Sigh. I wish
that Greenspan stay here rather than
the new guy Bernanke I have some doubts
about him doing his job handling/controling
these interest rates.

Yes, that's true that homeowners in Delaware
do not have to pay property taxes.

 

[diehardbiker]

Yup! I have heard that your area have been jacking up taxes too much, that is why it killed economy sumulation! STUPID politicans down there. Don't get me wrong, I grew up there and when I finally came back to see whats up there. WHOA occupant taxes??? WTF? I never heard of that. My parent just moved out of the area and now into Beaver county, all because of these stupid taxes.

I am looking for some apts approximately 2.5 hrs away from here. Hopefully, I will move out of PA within few months before year of 2007. I am not happy being stuck in dead city. It does not stimulate me that much at all.

 

[diehardbiker]

Deposit requirement is based on your credit score. If you got bad score, then expect to cough up more for deposits. Me, I have good credit, and I don't pay deposit for almost anything.

Ok y'all I have a question. Since I found a cheapest apartment in here for $480 plus a $299 deposit and a $75 for other deposits and fees. How much for a deposit from electric/water company do I have to spend? I mentioned $1500 in my previous post in page 1 but I just want to make sure. I don't think I want a cable because I don't want to be hit with too much of a deposit. I'd like to keep the costs down to something reasonable without getting a roomate and a job since I'll be going to Tallahassee Community College starting January.

 

[GalaxyAngel]

DHB, err... The owner made confirmed closing the date on sept 15th for ready moving in...
My closing date sept 15th ready down payment that is it... then move this house anytime you want to move in after sept 15th.. Get it?

Fixed 5.35% mortgage OMAC
cuz you're using ARM... Im not..
*coughing* I'm not america.. remmy that.. I'm Canadian..
OMAC doesn't take higher prime percentage rate charges us.. Only charges us for prinpcial percentage. OMAC take small profit..
We aren't paying monthly.. and prefer payments weekly... Save lot of 20% money than monthly payments.. long haul strength years... Weekly payments is 20% saved your money little short span year.. Which one prefer quick payments or regular payments, Do you?

 

[GraysonPeddie]

Deposit requirement is based on your credit score. If you got bad score, then expect to cough up more for deposits. Me, I have good credit, and I don't pay deposit for almost anything.

Well I have no credit.